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MUMBAI: RBI has proposed a revamp of rules on external commercial borrowings. The draft guidelines for 2025, the most extensive rejig since a Dec 2018 framework, replace uniform caps with limits tied to a borrower’s financial strength. Companies may raise up to $1 billion or 300% of their net worth (whichever is higher), while financial…
Gautam Gambhir, Ajit Agarkar and Shubman Gill (Getty Images) NEW DELHI: In a major leadership shake-up, Shubman Gill has been named India’s ODI captain, replacing Rohit Sharma ahead of the upcoming series in Australia, a decision India’s chief selector Ajit Agarkar described as “practically impossible” to avoid. Speaking at a press conference in Ahmedabad, Agarkar…
Lenskart Gets SEBI Green Light: What It Means for the Future of Eyewear in India Are you one of those people who love stylish glasses but also want great prices and quality? Then you’ve probably heard of Lenskart—the eyewear brand that’s changed the way India shops for eyewear. And now, they’re up to…
Representative Image (AI-generated) At least four students were injured when a bomb exploded inside a private school in Khyber Pakhtunkhwa province, northwestern Pakistan, authorities said on Saturday.According to the school administration, a fourth-grade student picked up a “toy bomb” on his way to school in Jamrud tehsil, Khyber district, near the Afghan border and brought…
Fugitive diamantaire Nirav Modi NEW DELHI: Fugitive diamantaire Nirav Modi will be back in a London courtroom on November 23, as judges hear his petition to reopen the extradition trial on the grounds that he could face interrogation if repatriated to India.Nirav Modi argued before the Westminster Court that questioning by Indian agencies may amount…
rohit sharma, virat kohli, shubman gill (getty images) The BCCI has announced the squads for the upcoming bilateral series against Australia, set to be played in October and November. The series will begin with three ODIs, followed by a five-match T20I series. Rohit Sharma and Virat Kohli, who have not appeared in Indian colours since…
AP file photo Hamas has responded to US President Donald Trump’s Gaza ceasefire proposal, agreeing to release all Israeli captives while seeking negotiations on other elements of the 20-point plan. In response, Trump urged Israel to immediately halt its bombing of Gaza.Israeli Prime Minister Benjamin Netanyahu said Saturday that Israel is ready to implement the…
US trade representative Jamieson Greer (Image credits: AP) NEW DELHI: US trade representative Jamieson Greer claimed that India is already beginning to diversify away from Russian oil, even as the United States has imposed a 50% tariff on India over its oil imports from Russia.Speaking at the Economic Club of New York, Greer explained that…
Ravindra Jadeja (ANI Photo) Ravindra Jadeja turned the third day of the opening Test against the West Indies into a one-man show as he ran through the visitors’ fragile batting line-up. After India declared overnight on 448 for 5, holding a massive 286-run lead, Jadeja wreaked havoc on a pitch offering turn, taking four wickets…
Far beyond Earth, Saturn’s small moon Enceladus has turned into one of the most intriguing worlds in our solar system. Though only about the size of Arizona, Enceladus is coated in a thick layer of bright white ice. Beneath this frozen shell lies something extraordinary, a vast ocean of liquid water stretching across the entire…
