China has firmly denied that its Wuhan Institute of Virology conducted gain-of-function studies on coronavirus, rejecting allegations that the US Agency for International Development (USAID) funded such research at the lab. The Chinese Foreign Ministry spokesperson, Guo Jiakun, emphasized that the lab has never engaged in gain-of-function research, designed, made, or leaked COVID-19. China has also reiterated its stance on the origins-tracing of COVID-19, stating that the pandemic was "extremely unlikely" to have originated from a lab leak, as concluded by the WHO-China joint mission.
China on Tuesday called for a 'comprehensive and lasting ceasefire' between India and Pakistan, urging both countries to properly handle their differences through dialogue.
State Bank of India (SBI), the largest lender in the country, has launched a share sale to institutional investors to raise upto Rs 25,000 crore, the biggest qualified institutional placement (QIP) so far by an Indian firm, and has set a floor price of Rs 811.05, which is at a 2.5 per cent discount on Wednesday's closing price.
In modern aircraft, there are cockpit voice recorder and digital flight data recorder.
The accused has been arrested on the basis of an FIR lodged by the woman at Haridevpur Police Station, they said.
The announcement on expansion of CPEC was made following a meeting among Chinese Foreign Minister Wang Yi, his Pakistani counterpart Ishaq Dar and Afghanistan's Acting Foreign Minister Amir Khan Muttaqi in Beijing, according to a Pakistani readout.
SpaceX's Falcon-9 rocket was scheduled to blast off from the Kennedy Space Centre in Florida on Tuesday evening.
'The industry has never accepted me.' 'When I was shooting Aashiqui, I would hear comments like, "Yeh toh bahut lambi hai. Heroine nahin dikhti hai".' 'Aashiqui became such a big hit, and you know how the industry is.' 'You have success, then you have everything.'
Pakistan Prime Minister Shehbaz Sharif has called on "brotherly" countries, including Saudi Arabia, to urge India to de-escalate tensions after the Pahalgam terror attack that killed 26 people. Sharif met with ambassadors from Saudi Arabia, the UAE, and Kuwait, reiterating Pakistan's commitment to peace in South Asia. He rejected India's accusations linking Pakistan to the attack, emphasizing Pakistan's own history as a victim of terrorism. The meeting comes amidst heightened tensions between the two countries.
India's External Affairs Minister S Jaishankar has expressed concern over information regarding USAID funding in India, calling it "concerning" and hinting at potential "bad faith" activities. Jaishankar asserted that India is looking into the matter and that the country should know who is involved in such activities. He also emphasized the need to expand India's security definition in the digital age, highlighting the influence of technology and narratives on public perception. The statements come amid controversy surrounding USAID funding for certain activities in India, with the US President Donald Trump questioning the agency's funding of voter turnout efforts.
At the end of the day, for many worldwide, the ongoing mutual attacks between Israel and Iran would seem a contest devoid of any moral high ground and only a bout between two ordinary adversaries, one that nevertheless risks spinning out of control into a larger conflagration, notes Shyam G Menon.
The latest annual report of the finance ministry has disclosed that the agency funded seven projects worth USD 750 million in 2023-24.
'If the Bill and Melinda Gates Foundation cuts funds, there could be more impact.'
State Department Spokesperson Tammy Bruce Sunday said, "President Trump stated clearly that the United States is no longer going to blindly dole out money with no return for the American people. Reviewing and realigning foreign assistance on behalf of hardworking taxpayers is not just the right thing to do, it is a moral imperative."
For the first time, the Data Security Council of India assembled a joint task force to source threat intelligence at the origin and ensure coordinated action across the cybersecurity spectrum.
Russian Foreign Minister Sergey Lavrov has confirmed that President Vladimir Putin has accepted an invitation from Prime Minister Narendra Modi to visit India. The visit is currently being prepared, though the dates have not yet been revealed. This visit follows Prime Minister Modi's trip to Russia in July 2024, his first since 2019. The two leaders have maintained regular contact and have emphasized the strength of the Russian-Indian strategic partnership.
The Indian economy is projected to grow at 6.2 per cent in 2025-26, slower than earlier estimated rate of 6.5 per cent, due to escalated trade tensions and global uncertainty, the International Monetary Fund (IMF) said on Tuesday. "For India, the growth outlook is relatively more stable at 6.2 per cent in 2025, supported by private consumption, particularly in rural areas," IMF said in its World Economic Outlook (WEO).
India registered its protest at the board of IMF, which met on Friday to review the EFF lending programme for Pakistan.
IndusInd Bank MD and CEO Sumant Kathpalia on Tuesday resigned with immediate effect, taking moral responsibility of accounting lapses in the derivatives portfolio, having financial implication of Rs 1,960 crore to the bank.
The World Bank on Wednesday lowered India's growth forecast for the current fiscal by 4 percentage points to 6.3 per cent amid global economic weakness and policy uncertainty. In its previous estimate, the World Bank had projected India's growth at 6.7 per cent for the fiscal year 2025-26.
India will argue for Pakistan's return to the Financial Action Task Force (FATF) grey list due to its alleged failure to combat money laundering and terror financing. The move comes after recent tensions between the two countries following a terror attack in Pahalgam, India. India believes Pakistan has not adequately addressed the issue of terrorism emanating from its territory and has diverted funds from multilateral agencies towards arms purchases.
Indian auto component exporters may suffer a hit of 2,700 crore to 4,500 crore on their earnings after the imposition of steep US tariffs on key automotive parts, credit rating agency ICRA said in a note on Monday. The new 25 per cent tariff on engines, transmission, electrical components, and other auto parts may moderate the overall auto component industry's revenue growth to 6-8 per cent in 2025-26 (FY26), down from an earlier projection of 8-10 per cent.
There are challenges galore before him, and it is not going to be easy. In the next four years, he has to conjure a system that changes the optics about him and the BJP both nationally and internationally so that he can ride back on his own, claim the top slot, and not have to lean on a coalition, asserts Ramesh Menon as Modi 3.0 completes a year in power.
Billionaire Gautam Adani's group has pulled out of a loan deal with a US agency to fund a port terminal in Sri Lanka, saying it will use its own resources for the project. In an exchange filing late on Tuesday, Adani Ports and Special Economic Zone Ltd (APSEZ) said the project "is on track for commissioning by early next year". "The project will be financed through the company's internal accruals and capital management plan," the firm said.
The Trump administration has revoked Harvard University's eligibility to enrol foreign students, raising concerns over the legal status of thousands of students, including nearly 800 from India, currently enrolled at the varsity.
China hopes both sides will remain restrained, move toward each other, and work together to de-escalate the situation.
The bank made a Rs 67 crore net profit, up 21% from the previous year. Its deposits grew 8%, the loan book 10%. Net bad loans dropped from 7.53% to 6.07%. So why was the banker, who headed the bank, not promoted?
'Even one accident can cause problems for the entire coastal system.'
A Chinese team of virologists has discovered a new bat coronavirus that can infect human cells, raising concerns about potential animal-to-human transmission. The virus, a new lineage of the HKU5 coronavirus, uses the same human receptor as the virus that causes COVID-19. The study, led by Shi Zhengli, a prominent virologist at the Wuhan Institute of Virology, was published in the journal Cell. The discovery comes amid ongoing scrutiny of the Wuhan lab, which was previously accused of being the source of the COVID-19 pandemic. The Chinese government has denied any involvement in the virus's origin and insists that the Wuhan lab never engaged in gain-of-function studies on coronaviruses.
'We are looking at what kind of products, diagnostics or other solutions we can offer to become a well-rounded player in a particular disease area globally.'
Leading chains plan Rs 40K crore infra revival to close capacity gap over next 3-5 years
Bihar Cricket Association president Rakesh Tiwary, along with the Royals management, Dravid, and Vaibhav's father Sanjiv, are trying to create a safety net around the teenager, whose life has changed after becoming the youngest ever centurion in IPL's history.
World leaders, including the UN Secretary-General and US President Donald Trump, have urged India and Pakistan to exercise restraint and seek peaceful solutions to the ongoing tensions. The calls for calm come after India conducted airstrikes in Pakistan-occupied Kashmir in response to a recent terrorist attack. Leaders from the US, Russia, UK, China, UAE, Qatar, and Japan have expressed concern over the escalating situation and emphasized the need for dialogue and de-escalation.
Adani Properties Pvt Ltd (APPL) has emerged as the highest bidder for the redevelopment of Motilal Nagar in Mumbai, offering more built-up area than its nearest rival, L&T. This will be the second mega redevelopment project of Adani Group in Mumbai, after the Dharavi slum redevelopment project. The total estimated redevelopment cost of Motilal Nagar is around Rs 36,000 crore, and the rehabilitation period is seven years from the project start/commencement date. The project will rehabilitate 3,372 residential units eligible under MHADA, 328 eligible commercial units and 1,600 eligible slum tenements.
'India has not faced a major terrorism loss since the Mumbai terrorist attacks in 2008.'
After the Dharavi slum redevelopment project, billionaire Gautam Adani's group has emerged as the highest bidder for the Rs 36,000 crore redevelopment of Motilal Nagar in Mumbai, sources said. Motilal Nagar I, II & III is one of Mumbai's biggest housing redevelopment projects, covering 143 acres in western suburb of Goregaon (W).
Assam Chief Minister Himanta Biswa Sarma said his government may seek the help of agencies like the Interpol in investigating the alleged interference of Pakistani national Ali Tauqeer Sheikh, who allegedly has links with Congress MP Gaurav Gogoi's British wife, in India's internal affairs. Sarma said the probe is at an initial stage and he has informed Union Home Minister Amit Shah about the developments in the case.
Bangladesh's Chief Adviser Muhammad Yunus has called upon China to expand its economic influence in Bangladesh, controversially mentioning that India's northeastern states being landlocked could present an opportunity. Yunus, who recently visited China and met with President Xi Jinping, highlighted Bangladesh's role as the "only guardian of the ocean " in the region, suggesting it could be a pathway for Chinese economic expansion. This statement has sparked debate, with Sanjeev Sanyal, a member of Prime Minister Narendra Modi's economic advisory council, questioning the relevance of India's landlocked states in Yunus' appeal to China. Yunus, however, emphasized the importance of a strong friendship with China, viewing it as a counterbalance to India. During his visit, Yunus signed nine agreements with Beijing and secured USD 2.1 billion in investments, loans, and grants from the Chinese government and companies.
The Pahalgam massacre highlights the evolution of terrorism into a multi-domain challenge. India's response must similarly evolve -- from tactical retaliation to comprehensive strategic deterrence. To establish a credible and sustained deterrent, India must also carry out continuous kinetic operations, both overt and covert, suggest Sakshit Raina and Rahul Mishra. To establish a credible and sustained deterrent, India must also carry out continuous kinetic operations, both overt and covert, suggest Sakshit Raina & Rahul Mishra.
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