MUMBAI: Bank of Baroda has agreed to pay $600 million (about Rs 5,700 crore) to the administrators of the collapsed West Asian healthcare group NMC Health in an out-of-court settlement that brings to a close years of cross-border insolvency and fraud-related litigation, with both sides making no admission of liability and courts in Abu Dhabi…
MUMBAI: If you think the AI boom will only make MacBooks and iPads more expensive, you are wrong. You probably do not realise it, but a host of products you use every day have memory chips in them-this is because devices are getting ‘smart’ which means they require more memory to process data and run…
NEW DELHI: In the biggest overhaul of the Drugs (Prices Control) Order (DPCO), 2013 in years, Centre has significantly narrowed drugmakers’ liability in overcharging cases, while introducing a host of long-pending changes sought by the pharma industry. The amendments, notified on June 30 and effective immediately, ease compliance for pharma companies, simplify pricing approvals for…
NEW DELHI: Seeking to allay public fears over ethanol-blended fuel, petroleum minister Hardeep Singh Puri Thursday said a “make-believe” narrative had been unleashed on social media over the past few days.Addressing a press conference, the minister said the reduction in mileage of an E20-fuelled vehicle is “minor”. “It is well established that when you have…
Sanjay Khan’s wife Zareen Khan passed away in November last year. While she was married to a Muslim and born as a Parsi, she was cremated as per Hindu rituals. While people raised questions, in a recent interview, Zareen’s daughter, jewellery designer Farah Khan Ali has broken silence on it. She revealed the reason why…
This is one of those days that even the smallest tasks seem to weigh more than they really are. You might wake up feeling down and your mind may get caught up in thinking about breakfast before it is finished. The Moon is in an awkward relationship with Saturn and can cause the feeling of…
PM Modi with Japanese counterpart Sanae Takaichi (ANI photo) NEW DELHI: PM Narendra Modi and his Japanese counterpart Sanae Takaichi reaffirmed their commitment to an early convening of the next Quad Leaders’ Summit and underlined the importance of ensuring unimpeded freedom of navigation through the Strait of Hormuz in a joint statement.With both countries heavily…
First lady Melania Trump’s documentary flops Melania Trump earned more than $10 million from the Amazon documentary about her, even as the film struggled at the box office, according to newly released financial disclosures.The first lady made $10.71 million from the Amazon MGM-produced documentary that carries her name, US President Donald Trump’s latest annual financial…
NEW DELHI: In the first case of its kind, Supreme Court on Thursday quashed orders passed by NCLT and NCLAT on the ground that they decided a case on the basis of AI-generated non-existent case laws and verdicts, cautioning that unchecked use of AI could distort the justice delivery system.A bench of Justices P S…
A soft, blessed mood surrounds your day, almost like the air after early morning rain. You may feel drawn toward prayer, temple work, charity, or simply sitting quietly for a few minutes before the rush begins. The Moon connects well with Jupiter today, and that often turns the mind toward faith, gratitude, and family warmth.Children…
Defence minister Rajnath Singh NEW DELHI: The defence ministry is expected to approve on Friday several proposals, estimated to be worth over Rs 1 lakh crore, including the acquisition of K-9 Vajra self-propelled howitzers, HAMMER air-to-ground precision guided munitions, a large number of Russian-origin Verba very short-range air defence systems, man portable anti-tank guided missiles,…
Jagpreet Singh was convicted of murdering his wife days after entering Canada, he claimed he “accidentally poked” her in the stomach. An Indian-origin man has been convicted of second-degree murder for fatally stabbing his wife just six days after arriving in Canada, with a judge rejecting his claim that he had only accidentally “poked” her…
NEW DELHI: Faced with a pile of cases under the Foreign Exchange Management Act (Fema) and eager to avoid prolonged legal battles, the Enforcement Directorate is settling for large-scale compounding of offences and termination of adjudication proceedings after obtaining the Reserve Bank of India’s approval.In the last 15 months, more than 150 Fema cases have…
The week saves its brightest patch of sunlight for you today. People notice you, and not in a small way. The Moon supports your public image, while Jupiter throws a generous glance toward your reputation, so your words carry weight in meetings, family conversations, even casual chats during the commute.Still, there is a strange twist…
NEW DELHI: A day after directing Meta to pause WhatsApp’s proposed username feature, govt has issued similar notices to Telegram and Signal over their existing username systems, asking them to explain how they prevent fraud and impersonation.The IT ministry wants detailed responses on safeguards against scams, phishing, digital arrest frauds and identity impersonation. Like WhatsApp,…
This Thai proverb reminds us that good work should be done without seeking attention. The ultimate act of goodness is doing something noble when no one is watching. Such kind works done in shadows do not cry for attention, for reward. And this timeless Thai saying invokes a religious image as it refers to the…
NEW DELHI: An Indian Navy warship thwarted a piracy attempt on an India-bound merchant vessel in the Gulf of Aden on Wednesday night, the Navy said on Thursday.On getting information about an attempted piracy attack, INS Trikand, a guided-missile Talwar-class frigate, approached bulk carrier MV Golden Arsenal and Marine commandos (Marcos) boarded the vessel and…
‘The monkey is a gazelle in its mother’s eyes’ At first glance, the proverb sounds almost humorous. How can a monkey possibly resemble a graceful gazelle?Yet for centuries, Arabic speakers have repeated the saying “القرد بعين أمه غزال” (Al-qird bi-‘ayn ummihi ghazal) to express one of the most universal truths about human relationships: affection often…
Chinese president Xi Jinping (File photo) DHAKA: China said Thursday it is “determined” to build an economic corridor with Bangladesh and Myanmar, but remains open to “other countries” joining its “transnational initiative” – a project on India’s eastern flank that mirrors the China-Pakistan Economic Corridor’s (CPEC) strategic role on its western frontier.The corridor – discussed…
‘Let the experiment be made on a low-value body’ At first glance, the phrase sounds like something carved into the stone walls of an ancient laboratory—cold, detached, and unsettlingly clinical. It carries the weight of a world where knowledge was pursued with fewer ethical brakes and where the value of a “body” could be weighed…
