IPA Webdesk
Chinese spy ship cleared to dock at Lanka port
Sri Lanka’s government has granted permission for a controversial Chinese research vessel to visit the island despite India’s concerns that it could spy on New Delhi’s military installations, officials said on Saturday. The Yuan Wang 5 is described as a research and survey vessel by international shipping and analytics...
Deutsche Bank ex-CEO Anshu Jain dies of cancer at 59
Anshu Jain, former Deutsche Bank CEO, died on Saturday after a five-year battle with cancer. He was 59. In a statement, the bank said Jain played a crucial role in the development of Deutsche Bank and was instrumental in building the company’s global capital markets business. He was appointed...
Retail inflation in July falls to 6.7%
The retail inflation in India, based on the Consumer Price Index (CPI), declined to 6.7 per cent in July, compared with 7.01 per cent in the previous month. This is the third month in a row to see an easing in the retail inflation. food inflation in July 2022...
Grand Alliance to have coordination committee
A coordination committee, which the JD(U) kept pressing for while in the BJP-led NDA, may be set up to ensure smooth functioning of the Mahagathbandhan (Grand Alliance) that now rules Bihar upon the entry of Chief Minister Nitish Kumar. There were indications to this effect on Friday evening when...
Sonia says Cong will have respectable share in Bihar govt
The Congress on Friday said discussions over ministerial berths in the Bihar government’s cabinet expansion have taken place and the party’s share would be “respectable”. Congress’ AICC in-charge of Bihar, Bhakta Charan Das said he met Rashtriya Janata Dal (RJD) chief Lalu Prasad here for the first time after...
HP ‘mass conversion’ bill to prohibit religion change
A bill introduced to make a specific mention of “mass conversion” in an existing law that forbids change of religion through force or allurement and to enhance punishment will be discussed in the Himachal Pradesh assembly on the last day of its Monsoon Session on Saturday. The Jai Ram...
RSS changes social media profile pix to national flag
Ahead of Independence Day, the Rashtriya Swayamsevak Sangh (RSS) on Friday changed profile pictures of its social media accounts to the national flag from its traditional saffron flag. As the country is celebrating the ‘Azadi Ka Amrit Mahotsav’ to mark 75 years of India’s independence, Prime Minister Narendra Modi...
Pavan Varma quits TMC after a year of joining it
Former Rajya Sabha MP Pavan K Varma on Friday resigned from the Trinamool Congress, nearly nine months after joining the Mamata Banerjee-led party. Varma, a former JD(U) MP, had joined TMC in November last year in the presence of Banerjee during her visit to the national capital. “Dear @MamataOfficial...
India’s exports up 2.14% to $36.27 billion in July; trade deficit triples
India’s exports rose by 2.14 per cent to $36.27 billion in July while the trade deficit almost tripled to $30 billion during the month, according to official data released on Friday. Imports shot up by 43.61 per cent to $66.27 billion in the month compared to July 2021, the...
‘Slap on BJP’s face, says Tejashwi after meeting Sonia
Bihar Deputy Chief Minister Tejashwi Yadav on Friday said Nitish Kumar’s decision to walk out of the NDA coalition and form the ‘Mahagathbandhan’ (grand alliance) government in the state was a “slap on the BJP’s face”. The statement came after the RJD leader met Congress president Sonia Gandhi and...
IRCTC shares decline despite 251% jump in June quarter revenue
IRCTC Shares Today: Indian Railway Catering and Tourism Corporation (IRCTC) shares were trading lower in the opening trade on Thursday morning. IRCTC posted a 196 per cent surge in its net profit, at Rs 246 crore, for the quarter ending June 30, 2022-23 (Q1 FY23). It reported a net...
Stocks: Aurobindo Pharma, LIC, ONGC, Hero MotoCorp, and others
The stock market witnessed healthy performance and closed at a four-month high in the last session following a decline in US inflation for July, but overall it was a rangebound session. The BSE Sensex rallied more than 500 points to 59,333, while the Nifty50 rose 124 points to 17,659. Results...
GMP, price, risk, other details
Syrma SGS Tech IPO Opens Today: Syrma SGS Technology (SSTL) IPO opens for subscription today, August 12, 2022. The Rs 840 crore public offer will be available for subscriptions till August 18. Electronic manufacturing services firm Syrma said it has raised Rs 252 crore from anchor investors ahead of its...
Karnataka HC reinstates anti-corruption powers to Lokayukta
In a landmark judgment, Karnataka High Court on Thursday nullified the order of formation of Anti-Corruption Bureau (ACB) by the then Congress government in 2016 headed by then chief minister Siddaramaiah. The division bench headed by Justice B. Veerappa and Justice K.S. Hemalekha gave the order while looking into...
JD-U leader says BJP will lose 40 LS seats in 3 states alone
JD(U) president Lalan Singh expressed confidence on Thursday that the BJP will be “uprooted” from power at the Centre in 2024 and will lose 40 Lok Sabha seats out of its 2019 winning tally in three states alone. Speaking to reporters after meeting Rashtriya Janata Dal president Lalu Prasad...
Gopinath Munde’s daughter upset with Shinde cabinet miss
Bharatiya Janata Party leader Pankaja Munde on Thursday said she may not have been “qualified enough” to get a berth in the newly expanded Maharashtra cabinet. Nine ministers each from Chief Minister Eknath Shinde’s Shiv Sena faction and his ally BJP took oath during the first expansion of the...
BJP slams Cong for attacking PM on ‘black magic’ comment
After Indian Youth Congress national president uploaded images of Prime Minister Narendra Modi, highlighting a black thread worn by him, BJP leader Shehzad Poonawalla on Thursday slammed the Congress calling it a “kali kartut, kali niyat wali party” (a party of dark deeds and intentions). Srinivas uploaded these images...
Thackeray gets two more weeks to submit documents to EC
The Election Commission is learnt to have given the Uddhav Thackeray faction of the Shiv Sena 15 more days to submit documents in support of its claim on the party’s election symbol. Last month, the Election Commission had asked the rival factions of the Shiv Sena, led by Thackeray...
