Pak gets $1 bn as second tranche from IMF; budget under scanner

The International Monetary Fund has disbursed a second tranche of $1.023 billion under the Extended Fund Facility programme for Pakistan, the central bank said on Wednesday. IMAGE: Kindly note......

Pak hikes defence budget amid tension with India

Pakistan on Tuesday increased its defence budget by 20 per cent, allocating PRs. 2,550 billion ($9 billion) for the fiscal year 2025-26, amid tensions with India. IMAGE: A Pakistani soldier......

'Marathis Are Anxious About Survival'

'Maharashtrians are facing a dual battle -- numerical battle with North Indians and financial battle with Gujaratis and Marwaris.''This has created anxiety about survival and ownership over Mumbai......

'3 Cs haunt Indian education': Sonia slams Centre over NEP

Congress leader Sonia Gandhi on Monday slammed the Modi government's education policy, charging its core agenda is centralisation of power, commercialisation and outsourcing of investments to the......

Sensex jumps 1,022.50 points; Nifty inches near record high

Snapping the three-day falling streak, benchmark Sensex rebounded by 1,022 points while Nifty reclaimed the 26,000 level on Wednesday on across-the-board buying aided by a rally in global peers......

Should India Retain The Inflation Targeting Regime?

The best way for India to prepare is by preserving and strengthening the RBI's hard-won credibility, point out Rajeswari Sengupta and Vaishali Garga. Illustration: Dominic Xavier/Rediff   Next......

Blackstone to invest Rs 6,200 crore for 9.99% stake in Federal Bank

Private-sector lender Federal Bank on Friday announced that New York-based Blackstone will invest Rs 6,196.51 crore in the bank through its affiliate Asia II Topco XIII Pte Ltd via a preferential......

How Wall Street created the Federal Reserve

In 1910 the who's who of Wall Street met in total secrecy in an American town to work towards the first draft of the bill that would finally give the United States a central bank. The clock had......

Can Super Cup lift gloom around Indian football?

The tournament kicks off in Goa on Saturday with Kolkata's two heavyweights in action in Group A. IMAGE: Defending champions FC Goa are drawn in Group B along with Jamshedpur FC, NorthEast United......

India stuns Switzerland, but where's the tennis plan?

IMAGE:  The key to India's win was confident performances of the singles players. Dhakshineshwar Suresh and Sumit Nagal grabbed those three points. Photograph: Dhakshineshwar Suresh/Instagram......

Humpy's out? No problem! Women eye gold in Chess Olympiad

Photograph: Kind courtesy FIDE/X The top-seeded Indian women's team, spearheaded by D Harika and R Vaishali, would be a strong podium contender thanks partly to a depleted field, while the D......

'Head of State' security for Indian Davis Cup team in Islamabad

IMAGE: The Indian team has travelled to Pakistan after 60 years. Photograph: ANI A bomb disposal squad will sanitise the Islamabad Sports Complex every morning, and two escort vehicles will shadow......