China manufacturing shrinks in May despite trade war truce

China’s manufacturing activity shrank in May for the second month running, official data showed Saturday, despite Beijing reaching a temporary ceasefire in a blistering trade war with the United States.Beijing and Washington agreed this month to pause staggeringly high tariffs, although US President Donald Trump on Friday accused China of breaching the de-escalation deal.While the…

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CM Nayab Singh Saini urges citizens to follow Ahilyabai Holkar’s legacy to realize PM Modi’s vision of a developed India | India News

Kurukshetra: Haryana Chief Minister (CM) Nayab Singh Saini on Saturday called upon citizens to follow in the footsteps of Ahilyabai Holkar, pledging to serve society and ensure education and equal rights for girls, in alignment with Prime Minister Narendra Modi’s vision of a developed India by 2047.Speaking at a grand state-level celebration of the 300th…

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Indian bond market strengthens as inflation eases and anticipated RBI rate cuts: Jefferies

NEW DELHI: The Indian bond market is gaining momentum due to lower inflation and expectations that the Reserve Bank of India will cut interest rates, according to a report by Jefferies.The report indicates favourable conditions for domestic bonds, particularly appealing to long-term investors amid evolving global financial conditions. India’s consumer price inflation has shown a…

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CRPF jawan held for spying: NIA raids 15 locations over leaked classified info to Pakistan | India News

NEW DELHI: The National Investigation Agency (NIA) on Saturday carried out searches at 15 locations spread over 8 states, in a case relating to the alleged sharing of classified information by a CRPF personnel with Pakistani intelligence officers (PIOs).The jawan, Moti Ram Jat, was recently dismissed from service and is currently in NIA’s custody.NIA teams…

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Metro 3 services resume at Acharya Atre chowk after rain induced disruption | Mumbai News

Mumbai: Six days after it was shut due to heavy rainfall and flooding, passenger services at the Acharya Atre Chowk station on Metro Line 3 resumed on Friday afternoon. The Mumbai Metro Rail Corporation Ltd (MMRCL) restored operations from 1 pm, bringing relief to commuters on the Aarey JVLR-Bandra-Acharya Atre Chowk underground corridor.The station was…

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Industry bodies hail cut on crude oil customs duty, call it timely support for refiners

NEW DELHI: Industry associations Solvent Extractors’ Association (SEA) and Indian Vegetable Oil Producers’ Association (IVPA) have welcomed the government’s decision to reduce the basic customs duty on crude edible oils to 10 per cent, calling it a timely intervention that supports domestic refiners and discourages imports of finished products.Announced on Friday, the policy reduces the…

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Retired army colonel duped of Rs 41 lakh in digital gold scam; two arrested with alleged Chinese links | India News

NEW DELHI: Two men running a cyber fraud network with alleged links to Chinese nationals have been arrested for cheating a retired Army colonel of Rs 41.45 lakh through a fake digital gold trading scheme, Delhi Police said on Saturday.The accused, Indra Kumar Sahani (36) and Rahim Khan (24), were operating out of Ahmedabad and…

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