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Updated: 10 hours 22 min ago

We walked away from Swiggy & Zomato as...: TVS Capital Funds chairman

Sun, 02/16/2025 - 19:15
Gopal Srinivasan, Chairman of TVS Capital Funds, criticizes the sustainability of India's quick-commerce sector, led by Zomato and Swiggy, as reliant on private equity without long-term viability. TVS Capital previously invested in Nykaa, viewing it as driven by a deeper market trend.
Categories: National News

SBI lowers interest rates on several new retail, biz loans

Sun, 02/16/2025 - 19:11
State Bank of India (SBI) reduced interest rates on new retail and business loans tied to external benchmarks, following the RBI's repo rate cut. Home loan rates now range from 8.25% to 9.2% based on credit scores. Business loan rates will depend on deposit rate adjustments.
Categories: National News

Infosys layoffs: Centre seeks state labour panel probe

Sun, 02/16/2025 - 19:07
The Central government has referred a case to the Karnataka labour commissioner after NITES alleged unlawful termination of hundreds of trainees by Infosys. Infosys dismissed around 350 freshers in Mysuru for failing internal assessments in Java programming and DBMS. This follows similar actions by Wipro, which recently sacked freshers for failing a technical proficiency test.
Categories: National News

At Rs 58 crore, cancer drug emerges top seller among new launches in 2024

Sun, 02/16/2025 - 19:01
Enhertu, an oncology drug by AstraZeneca, led new drug sales in 2024 with Rs 58 crore, reflecting rising cancer cases. Over 3,100 new brands collectively earned Rs 1,097 crore, with significant launches in cardiac, anti-diabetic, and vitamins sectors, highlighting prevailing health patterns in India.
Categories: National News

Suchir Balaji's death: San Francisco police's update on ‘murder’

Sun, 02/16/2025 - 19:00
San Francisco authorities confirmed the death of 26-year-old OpenAI software developer Suchir Balaji as a suicide by self-inflicted gunshot. Despite his parents' claims of foul play, investigations found no evidence supporting homicide. The apartment had no signs of forced entry, and Balaji had alcohol and amphetamines in his system, the report said.
Categories: National News

Cautious investors seen avoiding 'risk on' trades

Sun, 02/16/2025 - 18:54
Market players are concerned as the sensex and nifty fell by around 2.5% last week due to continuous foreign fund selling, rupee weakness, and the US-initiated tariff war. Additionally, weak quarterly corporate results contributed to the declines. Analysts suggest that without stability in US trade relations, markets will remain cautious.
Categories: National News

A bitter homecoming for sweetshop owner's son, deported twice in 8 mths

Sun, 02/16/2025 - 18:41
Navdeep Singh, 21, is being deported from the US to India for the second time in eight months. His family spent Rs 55 lakh on his attempts to migrate to the US, but both efforts failed. Navdeep's father, who runs a small sweets shop, and his family are struggling financially and are awaiting his return.
Categories: National News

India at CT: Special delivery for Kohli, Arshdeep enters zen mode, Pant struck on knee

Sun, 02/16/2025 - 18:23
Virat Kohli and the Indian cricket team engaged in their first training session in Dubai ahead of the Champions Trophy. Despite an intense practice, Kohli maintained his routine by arranging a post-session meal. A concerning moment arose when a Pandya slash injured Rishabh Pant's knee, but he continued to bat with determination.
Categories: National News

Delhi stampede: ‘Iron rod pierced my daughter’s head in melee’

Sun, 02/16/2025 - 18:11
The stampede at New Delhi Railway Station's Platform 13-14 has tragically claimed multiple lives, including young children, as families rushed to attend Maha Kumbh in Prayagraj. Victims' relatives express anger over poor crowd management and the devastating loss of loved ones.
Categories: National News

Marriage worry: Bengaluru woman loses Rs 6 lakh to Insta ‘astrologer’

Sun, 02/16/2025 - 17:56
A 24-year-old Bengaluru woman lost nearly Rs 5.9 lakh to a fraudster posing as an astrologer on Instagram. The scammer convinced her to pay for multiple 'special pujas' to fix supposed issues in her horoscope. The woman eventually realized the deceit, demanded her money back, and approached the police. An investigation is underway.
Categories: National News

Who will be Delhi CM? BJP to hold key meet on February 19

Sun, 02/16/2025 - 14:33
After securing 48 out of 70 seats in a historic victory, the BJP is focused on selecting the next chief minister of Delhi. Parvesh Verma and Vijender Gupta are among the leading candidates. The BJP legislative party will meet tomorrow to finalize the decision.
Categories: National News

Army retaliates after cross-border firing by Pakistani troops in J&K's Poonch

Sun, 02/16/2025 - 14:29
The Indian Army responded to Pakistani troops' small arms fire across the LoC in Poonch. This follows recent terrorist activities, including an attack in Rajouri and a landmine explosion in Poonch. J&K witnessed several terror attacks, leading to increased counteroffensives. On Saturday, three J&K employees were dismissed for alleged terror links.
Categories: National News

Ranveer Allahbadia apologises over controversy days after ex-WWE star threatens him

Sun, 02/16/2025 - 12:42
YouTuber Ranveer Allahbadia, known as BeerBiceps, faces severe backlash and death threats after making controversial remarks on comedian Samay Raina's show. Former WWE wrestler Saurav Gurjar demands strict action against Allahbadia, seeking legal consequences for his comments. Multiple FIRs have been filed, escalating the issue to the Supreme Court.
Categories: National News

'Inter-faith marriage not wrong, but ... ': Fadnavis defends 'love jihad' committee

Sun, 02/16/2025 - 12:41
Maharashtra chief minister Devendra Fadnavis defends the formation of a committee to examine legal options against 'love jihad,' citing the Supreme Court's acknowledgement and an increase in deceitful conversions. The seven-member panel aims to explore laws and recommend measures to prevent forced conversions in the state.
Categories: National News

IPL 2025 schedule: KKR face RCB in opener on March 22, final in Kolkata on May 25

Sun, 02/16/2025 - 12:06
The IPL 2025 season will kick off with a high-octane clash between defending champions Kolkata Knight Riders and Royal Challengers Bengaluru at Eden Gardens on March 22. Eden Gardens, the home ground of IPL 2024 winners Kolkata Knight Riders, will also be the venue for the grand finale on May 25. Additionally, it will host Qualifier 2 on May 23.
Categories: National News

UnitedHealthcare murder: Luigi raises nearly half a million dollars

Sun, 02/16/2025 - 11:57
Mangione, a 26-year-old Maryland resident, was taken into custody on December 9th in connection with the case. According to the fundraiser’s organizers, they have established contact with both Mangione and his lawyer. Any funds raised will go directly to Mangione or, if declined, will be redirected to legal funds supporting other defendants facing what the group describes as "politicized charges."
Categories: National News

Massive relief for Pakistan! Key pacer declared fit ahead of CT

Sun, 02/16/2025 - 11:56
Pakistan's pace bowler Haris Rauf has fully recovered from a muscular strain in his lower chest and will be ready to play against New Zealand in the ICC Champions Trophy opener. Haris' recovery strengthens Pakistan's bowling attack as they aim to defend their title. Despite the selectors bringing in uncapped Akif Javed as cover, Haris, who is crucial to Pakistan's bowling attack with his rapid pace and wicket-taking ability during middle overs, has stayed with the squad.
Categories: National News

Elvish Yadav denies making racist comment on Chum Darang

Sun, 02/16/2025 - 11:55
Elvish Yadav faces backlash for allegedly making racist and derogatory remarks about Chum Darang during a podcast. Following criticism, he clarified that his words were misinterpreted and removed the contentious statements. Chum Darang responded, stressing the importance of respecting identities and achievements.
Categories: National News

New India Cooperative Bank fraud: General manager in custody till February 21

Sun, 02/16/2025 - 11:37
A Mumbai court has remanded Hitesh Mehta, a former general manager of New India Cooperative Bank, and Dharmesh Paun in police custody until February 21 for allegedly misappropriating Rs 122 crore. The Reserve Bank of India has taken control of the bank's board and imposed withdrawal restrictions amid ongoing investigations.
Categories: National News

'We sold our land for a dream, now we have nothing': Indian deportees

Sun, 02/16/2025 - 11:26
A US military plane landed in Amritsar, returning 116 Indian migrants deported from the US, including Daljit Singh, who described being cuffed and chained throughout the journey. Migrants, mostly from Punjab, shared distressing stories of being deceived by agents, enduring grueling travel, and high costs, only to face deportation and shattered dreams. Punjab CM promises proper treatment.
Categories: National News

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