October 15, 2024 3:50 PM

India, US sign deal worth Rs 32,000 crore for buying 31 MQ-9B drones

India has signed a deal worth Rs 32,000 crore with the United States to acquire 31 MQ-9B Predator drones, along with the establishment of a maintenance, repair, and overhaul (MRO) facility in the country. The Cabinet Committee on Security (CCS) had approved the acquisition last week. Under the agre...

October 15, 2024 12:40 PM

La Nina is becoming less likely, Australia’s weather bureau says

The likelihood of a La Nina weather event in coming months has decreased, Australia's weather bureau said on Tuesday, adding that if the phenomenon did appear, it would be weak and short-lived. The development of La Nina and its opposite, El Nino, are of huge importance to global agriculture, with ...

October 24, 2024 8:50 PM

Heavy rain in Chennai causes waterlogging and traffic disruptions

Heavy rain continued to lash Chennai, disrupting normal life and leading to waterlogging and traffic congestion in the state capital on Tuesday morning. Visuals showed commuters clad in raincoats navigating roads filled with rainwater. Severe waterlogging was witnessed in the Koyambedu area of Che...

October 15, 2024 12:42 PM

Heavy rain in Chennai causes waterlogging and traffic disruptions

Heavy rain continued to lash Chennai, disrupting normal life and leading to waterlogging and traffic congestion in the state capital on Tuesday morning. Visuals showed commuters clad in raincoats navigating roads filled with rainwater. Severe waterlogging was witnessed in the Koyambedu area of Che...

October 15, 2024 10:59 AM

IMF says global public debt to top $100 trillion, growth may accelerate

The world's total public debt is set to exceed $100 trillion this year for the first time, and may grow more quickly than forecast as political sentiment favors higher spending and slow growth amplifies borrowing needs and costs, the International Monetary Fund said on Tuesday. The IMF's latest Fis...

October 15, 2024 10:47 AM

Nifty and Sensex open higher amid positive global cues

The stock market opened on a positive note for the second consecutive day, reflecting optimism in early trading. On Tuesday, the benchmark indices saw the Nifty opening at 25,196.05, up 68 points or 0.27%, and the Sensex at 82,198.68, up 226 points or 0.28%. On the National Stock Exchange, most sec...

October 14, 2024 6:47 PM

Sensex, Nifty close higher as IT, banking sectors drive gains

The stock market wrapped up Monday on a positive note, with benchmark indices posting strong gains. The Sensex surged by 591.69 points to close at 81,973.05, while the Nifty climbed 163.70 points, finishing at 25,127.95. Among the Nifty 50 stocks, Wipro, Tech Mahindra, HDFC Life Insurance, L&T,...

October 14, 2024 5:04 PM

Nobel economics prize goes to inequality researchers

Three U.S.-based academics won the 2024 Nobel Economics Prize on Monday for their research into why global inequality persists, especially in countries dogged by corruption and dictatorship. Simon Johnson and James Robinson, both British-American, and Turkish-American Daron Acemoglu were commended ...