Author: Team Admin

New Delhi: India’s foreign exchange reserves registered a strong recovery during the week ending May 8, rising by USD 6.295 billion to reach USD 696.988 billion, according to fresh data released by the Reserve Bank of India on Friday. The sharp increase comes after the reserves had declined by USD 7.794 billion in the previous reporting week amid volatility in global financial markets and pressure on the rupee. India’s forex reserves had earlier touched a record high of USD 728.494 billion in late February before geopolitical tensions in West Asia triggered fluctuations in crude oil prices and increased pressure on…

New Delhi: The Centre on Friday revised its windfall taxation structure on fuel exports by imposing a fresh export duty on petrol while reducing existing levies on diesel and aviation turbine fuel amid continuing volatility in global crude oil prices. According to a notification issued by the Finance Ministry, a special additional excise duty of Rs 3 per litre has now been imposed on petrol exports. This marks the first such levy on petrol exports since tensions escalated in West Asia earlier this year. At the same time, the government reduced the export duty on diesel from Rs 23 per…

New Delhi: Amit Shah on Friday issued a strong warning over the growing global narcotics crisis, calling for urgent international cooperation to dismantle drug cartels and prevent what he described as irreversible damage within the next decade. Speaking at the RN Kao Memorial Lecture 2026 in New Delhi, Shah said the fight against drugs could no longer be treated as an isolated law enforcement issue and must instead be addressed as a major global security challenge linked to terrorism, organised crime and geopolitical instability. Addressing diplomats, security officials and representatives from over 40 countries, Shah stressed that fragmented approaches would…

New Delhi: Narendra Modi arrived in the Netherlands on Friday evening as part of his broader European diplomatic outreach aimed at expanding India’s strategic and economic engagement with key partners across the continent. The Prime Minister landed in Amsterdam ahead of a packed schedule of bilateral meetings and community interactions. In a message shared after his arrival, Modi highlighted the growing momentum in India’s relationship with Europe, especially after the India European Union free trade agreement discussions accelerated trade and investment opportunities. He said the visit comes at an important time for strengthening cooperation in sectors such as semiconductors, clean…

New Delhi: After suffering one of its biggest electoral setbacks in recent years, Mamata Banerjee has called on party leaders and workers to rebuild the organisation from the ground up, while making it clear that those wishing to leave the party are free to do so. At a meeting held at her Kalighat residence on Friday, attended by several Trinamool Congress candidates and the party’s national general secretary Abhishek Banerjee, Banerjee struck a defiant tone despite the party’s heavy defeat in the recently concluded assembly elections. She urged party workers to reopen damaged offices, repaint them, and reconnect with grassroots…

New Delhi: India is preparing for one of its largest offshore energy exploration exercises in recent years as the government moves ahead with an extensive oil and gas survey across multiple regions in the Bay of Bengal. The ambitious project is aimed at identifying untapped hydrocarbon reserves beneath the seabed and strengthening the country’s long term energy security. The exploration initiative is being planned by the Directorate General of Hydrocarbons and will cover major offshore basins including Bengal Purnea, Mahanadi, Krishna Godavari, Cauvery and the Andaman region. Bids for the project were floated on May 14 as part of the…

New Delhi: The Supreme Court of India has taken a firm stand against mining in the Aravali region, declaring that no activity will be permitted in the ecologically sensitive zone until a fresh scientific framework and definition of the hills is finalised. A bench led by Surya Kant and Justice Joymalya Bagchi stated during the hearing that the court would not allow “even an inch” of the Aravali region to be used for mining or any other purpose until it is fully satisfied with the recommendations of a newly proposed expert committee. The court’s observations came months after it stayed…