Vizhinjam Port Expansion to Elevate Capacity and Create 5,000 Jobs
₹16,000-Crore Vizhinjam Port Expansion to Boost Annual Capacity to 5.7 Million TEUs and Create 5,000 Jobs | Thiruvananthapuram: As Vizhinjam International Seaport commences full-fledged Export-Import (EXIM) operations, the Rs 16,000-crore Phase 2 expansion will raise annual capacity to 5.7 million TEUs ( twenty-foot equivalent units), add 1,200 metres of container berth and bring permanent rail […]
Defense Stocks Surge as India Launches 405-Item Indigenisation List
Defence stocks gained sharply on August 18 after the Department of Defence Production (DDP) under the Ministry of Defence notified the sixth Positive Indigenisation List (PIL) containing 405 strategically significant defence items. The government estimates the list could create business opportunities worth around Rs 3,070 crore for Indian manufacturers.The latest list covers Line Replaceable Units, […]
Chandimal Ruled Out of Test Match After Injury, Sooriyabandara Debuts
Dinesh Chandimal has been ruled out of the match after sustaining a head and shoulder injury while fielding during the first session of the fourth day. The Sri Lankan batter hit his shoulder and head hard on the ground and was taken for a precautionary scan, which showed no signs of internal injury. While he […]
RBI’s FCNR(B) Closure Sparks Rupee Stability Concerns
The Reserve Bank of India’s decision to close its special FCNR(B) swap window ahead of schedule has shifted attention towards the central bank’s exchange-rate strategy and the risks emerging from global markets, according to SBI Research’s latest Ecowrap report. The report estimates that banks could mobilise around $65-70 billion through FCNR(B) deposits. If overseas foreign […]
Retirement Dispute Turns Deadly: Woman Kills Husband Over Property Fight
Husnabad: A shocking incident has come to light from Telangana’s Husnabad. A woman reportedly killed her 62-year-old husband over a dispute over retirement benefits and property. The deceased has been identified as Venkatesham, a Commercial Tax Officer working in Asifabad who was due to retire this month. His wife, Rajamani, is employed as an Auxiliary […]
Imran Khan Hospitalized as Pakistan Supreme Court Orders Medical Review
Pakistan’s Supreme Court on Tuesday ordered the immediate transfer of jailed former Prime Minister Imran Khan to Shifa International Hospital for medical treatment. The court also directed that a medical board be constituted to examine his health and oversee his treatment. Bench hears medical petitionsA three-judge bench headed by Justice Shahid Waheed was hearing petitions […]
David Warner Fined and Convicted for Drink-Driving, Captaincy Uncertain
David Warner Convicted In Drink-Driving Case, Fined AUD 1,500 As Sydney Thunder Captaincy Hangs In Doubt | Sydney: Former Australia opener David Warner has been convicted in the drink-driving case in a Sydney court and will need an interlock device to drive a vehicle. The 39-year-old was also fined AUD 1500 for mid-range drink-driving after […]
DMK Criticizes Vijay’s Independence Day Appearance with Trisha
The DMK’s official mouthpiece Murasoli has launched a sharp attack on Tamil Nadu Chief Minister C Joseph Vijay over actress Trisha Krishnan’s presence at the state’s Independence Day celebrations at Fort St George in Chennai on August 15. In a strongly worded editorial, Murasoli questioned the propriety of Trisha being seated in the front row […]
India to Lead 5G Adoption with 62% by 2030 Amid Digital Growth
New Delhi: India is projected to reach 62 per cent 5G adoption by 2030, significantly ahead of the Asia Pacific average of 50 per cent, a report said on Tuesday. The report from GSMA said India is identified as one of the region’s ‘Leading Nations’, alongside Bangladesh, Indonesia and Pakistan, where regulatory modernisation is important […]
Nifty 50 Target Maintained at 27,000 Amid Strong Q1 Earnings Growth
JP Morgan has retained its Nifty 50 target at 27,000, citing a significant improvement in corporate earnings during the first quarter of FY27. The brokerage said earnings growth was the strongest since June 2024, although it remains more constructive on select domestic cyclical stocks than on the broader Indian market.According to JP Morgan, companies such […]