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MUMBAI: India’s Punjab National Bank expects the banking sector to raise $35 billion to $40 billion via foreign currency deposits under a scheme announced by the central bank on Friday, a top executive told Reuters.The Reserve Bank of India will bear the full hedging cost for three-year to five-year foreign currency non resident (FCNR) deposits, it said on Friday, as part of a broader set of measures to ‌encourage dollar flows ⁠and ⁠stem the depreciation pressure on the rupee.The scheme – a redux of a similar window opened in 2013 – will allow banks ​to offer overseas customers a more…

Improving earnings and economic backdrop support stocks, says Morgan Stanley’s Wilson. Source link

India’s agricultural journey is one of the most remarkable stories of transformation in modern history. From a nation once dependent on food imports and vulnerable to droughts and shortages, India has emerged as a global agricultural powerhouse, feeding more than 1.4 billion people while contributing significantly to global food security.This transformation is the result of the hard work of our farmers, the dedication of our scientists, and the strength of our institutions. It is also a reflection of the visionary leadership of PM Modi, under whose guidance Indian agriculture has entered a new era of growth, innovation, inclusion, and resilience.Over…

Pope Leo XIV has used a landmark address to the Spanish parliament to warn the world is undergoing “a deep spiritual and cultural crisis” and to urge the international community to tackle the causes and consequences of what he termed “the tragic drama of migration”.In a wide-ranging speech delivered to lawmakers in Madrid, the pontiff also touched on conflict, artificial intelligence, the climate emergency, and the issues of abortion and euthanasia.“The world is undergoing a deep spiritual and cultural crisis, which manifests itself in multiple forms of violence, polarisation and mutual mistrust,” he said. “Given this context, peace is not…

NEW DELHI: The opposition leaders assembled at the Constitution Club in New Delhi on Monday for the first high-level INDIA bloc meeting since the 2024 Lok Sabha elections and pushed visuals to project unity. Sonia Gandhi warmly embraced Mamata Banerjee. Rahul Gandhi, Mallikarjun Kharge, Akhilesh Yadav and other opposition leaders exchanged pleasantries before settling down for deliberations on strategy, Parliament and the road ahead.While the opposition bloc came up with five agendas for the coming months, including a letter to the Chief Justice of India on SIR and vote ‘chori’ and a unified demand for the resignation of the Union…

3 min readNew DelhiJun 8, 2026 05:12 PM IST The Indian Institute of Technology (IIT) Kanpur has launched an official JoSAA Counselling helpdesk 2026 to assist JEE Advanced-qualified candidates during the ongoing Joint Seat Allocation Authority (JoSAA) counselling process. The initiative has been introduced by the institute’s Academics and Career Council (AnC) to provide aspirants with reliable guidance as they make crucial decisions regarding their higher education. Eligible candidates can join the helpdesk by scanning the QR code on the official poster or by filling the form at: forms.gle/YH8Tzw5p4cz5dDbf6. In addition to the counselling helpdesk, IIT Kanpur will host an…

An incoming coronal mass ejection (CME) is expected to slam into Earth’s magnetic field today (June 8), potentially triggering geomagnetic storm conditions strong enough to supercharge auroras into mid-latitudes.The CME erupted from the sun on June 6 and is forecast to arrive early to midday GMT on June 8. Space weather forecasters from NOAA’s Space Weather Prediction Center and the U.K. Met Office suggest the impact could spark minor to moderate (G1 to G2) geomagnetic storm conditions initially, possibly ramping up to strong (G3) levels later in the day.As such, NOAA has issued a G3 geomagnetic storm watch for June…

Victor Wembanyama’s San Antonio Spurs ara trailing 2-0 against the New York Knicks in the NBA Finals series. Heading into Game 3 of the finals, former NFL running back LeSean McCoy has called out Wembanya for not living up to the hype. “He (Wembanyama) ain’t getting it done,” McCoy said on the “Speakeasy” show on Sunday. “He’s playing soft out there. … KAT (Karl-Anthony Towns) got you scared, got you nervous. You’ll wanted to praise him early, he ain’t ready yet. And you know what, he’s gonna be crying in the locker room in, like, five days.” Thanks for the…

The latest-generation Dodge Charger is going to Europe. Stellantis, Dodge’s parent company, said both versions–electric and gas–will be exported. Last quarter, Dodge sold just 240 Charger Daytona EVs in the U.S. The all-electric Dodge Charger Daytona, along with its gas-powered counterpart, is heading to Europe, where it will face practically zero competition from local automakers. This should make life a little easier for the troubled battery-powered muscle car, which has seen extremely limited success on home turf. Billed as “the world’s most powerful muscle car,” the electric Charger Daytona sold 7,421 units in the United States last year, but things…

China’s rapid switch to electric and other new energy vehicles cut urban air pollution enough to prevent an estimated 262,000 premature deaths, according to a new peer-reviewed study published in Nature Health. It’s some of the strongest real-world evidence yet that electrifying transportation delivers measurable public-health benefits, not just lower tailpipe emissions on paper. What the study found The study, published May 13 in Nature Health, used high-resolution satellite air-quality data and machine learning to measure pollution across 150 Chinese cities. The researchers compared actual pollution levels to a counterfactual scenario in which every vehicle on the road still ran…