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Russia, Iran sign comprehensive strategic pact amid Western sanctions
Russian President Vladimir Putin and his Iranian counterpart, Masoud Pezeshkian, signed a broad cooperation pact Friday as their countries deepened their partnership in the face of stinging Western sanctions. Russian and Iranian officials say the comprehensive strategic partnership treaty covers all areas - from trade and military cooperation to science, education and culture. Putin praised the deal as a real breakthrough, creating conditions for the stable and sustainable development of Russia, Iran and the entire region. He said the amount of trade and economic cooperation was still insufficient, voicing hope the new treaty will help clear bureaucratic hurdles and expand ties. The Russian leader added that the countries are trying to resolve technical obstacles to advance planned projects to ship Russian natural gas to Iran and build transport corridors to Iranian ports in the Gulf. Pezeshkian said the projects are feasible, adding that experts were working to resolve the remain
Read More 17 January 2025 | 11:44 pmUS FTC files case against PepsiCo over exclusive discounts to Walmart
The practices fed high consumer prices by placing at a disadvantage other retailers, from large grocery chains to independent convenience stores, the FTC said
Read More 17 January 2025 | 11:43 pmNepal's roadmap aims to generate 28,500 MW of electricity by 2035: PM Oli
Nepal Prime Minister K P Sharma Oli on Friday said the government has prepared a roadmap for generating 28,500 MW of electricity by 2035. Nepal currently generates around 2,500 MW of hydro power. Addressing a programme organised by Independent Power Producers' Association Nepal (IPPAN) to commemorate its silver jubilee in Kathmandu, Oli said there was no need to worry about the sale of energy as the energy producers would find sufficient market for the energy produced by them. There is no need to worry about energy consumption as heavy industries like iron and steel and fertilizer plants are in the process of being established in the country and preparations are being made to operate the closed industries in a new modality, Oli said. The prime minister said that the government is also conducting research into producing green hydrogen energy within the country. Oli also invited the private sector as well as foreign investors to invest in hydropower sector saying that the government
Read More 17 January 2025 | 11:42 pm7th Delhi Assembly fared worst in terms of total number of sittings
The outgoing Assembly, which held 74 sittings over its five-year term, met for an average of 15 days a year
Read More 17 January 2025 | 11:29 pmTrump to take oath of presidency on Lincoln Bible, one given by his mother
President-elect Donald Trump will use his Bible, which was given to him by his mother, and the Lincoln Bible for his swearing in on January 20, the inaugural committee announced on Friday. In 1955, Trump received this Bible to mark his Sunday Church Primary School graduation at First Presbyterian Church, in Jamaica, New York. The Bible is a 1953 revised standard version published by Thomas Nelson and Sons in New York and is embossed with his name on the lower portion of the front cover. The inside cover is signed by church officials and inscribed with the president's name and details of when it was presented, a media release said. In addition to Trump's Bible, the Lincoln Bible will be used for this historic ceremony, the announcement said. The Lincoln Bible was first used on March 4, 1861, for the swearing-in of the 16th president. It has only been used three times since, by President Barack Obama at each of his inaugurations and by President Trump at his first inauguration in ..
Read More 17 January 2025 | 11:22 pmChoosing right hybrid fund: Risk appetite, horizon should guide your choice
Hybrid funds provide a structured way to handle market fluctuations
Read More 17 January 2025 | 11:14 pm
'Viewfinder': Book captures Amol Palekar's story and a bygone Bollywood era
Palekar believes that it was a series of serendipitous accidents that led him through most of his life
Read More 17 January 2025 | 11:08 pmBitcoin surpasses $100,000 amid possible early crypto action by Trump
The price of bitcoin topped USD 100,000 again early Friday as a pumped up cryptocurrency industry expects early action by Donald Trump when he's sworn in as president next week. Once a sceptic who said a few years ago that bitcoin seems like a scam, Trump has embraced digital currencies with a convert's zeal. He's launched a new cryptocurrency venture and vowed on the campaign trail to take steps early in his presidency to make the US into the crypto capital of the world. His promises including creating a US crypto stockpile, enacting industry-friendly regulation and event appointing a crypto czar for his administration. You're going to be very happy with me, Trump told crypto-enthusiasts at a bitcoin conference last summer. Bitcoin is the world's most popular cryptocurrency and was created in 2009 as a kind of electronic cash uncontrolled by banks or governments. It and newer forms of cryptocurrencies have moved from the financial fringes to the mainstream in wild fits and ...
Read More 17 January 2025 | 11:03 pmAre we entering an era of boring colours but exciting brand marques?
At one time, we used to photograph the cars in various colours to study how they reproduced; green and blue were a problem. Silver gray was difficult to shoot
Read More 17 January 2025 | 10:57 pmCentre slashes FCI rice price by Rs 550 per quintal to Rs 2,250 for states
The Centre on Friday reduced the reserve price of FCI rice under the Open Market Sale Scheme (OMSS) by Rs 550 per quintal to Rs 2,250 for states and ethanol producers to boost sales and support food security measures. According to a Food Ministry order, state governments and state-run corporations can purchase up to 12 lakh tonnes, while ethanol distilleries are allowed to buy up to 24 lakh tonnes at a reduced rate. The previous reserve price was Rs 2,800 per quintal for both categories. The Food Corporation of India (FCI), which manages rice stocks through weekly e-auctions, will implement the revised policy until June 30, 2025. Private traders and cooperatives will continue to pay Rs 2,800 per quintal, while central cooperatives like Nafed, NCCF and Kendriya Bhandar selling under the 'Bharat' brand will pay Rs 2,400 per quintal. The ministry has mandated that the third cycle tender for about 110 crore litres of ethanol during 2024-25 should use FCI rice, with preference given to
Read More 17 January 2025 | 10:45 pmIndia's 1st private satellite constellation highlights youth talent: PM
Prime Minister Narendra Modi on Friday said India's first private satellite constellation by Pixxel Space showcases the exceptional talent of the country's youngsters. Bengaluru-based space startup Pixxel has scripted history by launching the country's first private constellation of earth-imaging satellites, Firefly, making a grand entry into the fast-emerging field of hyper-spectral imaging. "India's first private satellite constellation by Pixxel Space showcases the exceptional talent of India's youth and highlights the expanding capabilities of our private sector in the space industry," the prime minister said in a post on X. A SpaceX rocket launched three of Pixxel's six Firefly satellites on January 14 from California in the United States. The satellites are the world's highest-resolution commercial-grade hyperspectral satellites with the capability to observe the earth in over 150 bands, a technology that is useful in sectors as diverse as agriculture and defence. Pixxel ...
Read More 17 January 2025 | 10:43 pmNew undersea cables activation to push data transmission capacity: Trai
India's data transmission capacity is expected to grow four times with the activation of new submarine cables due in 2025 that connect the country to several key markets of the world, Trai Chairman Anil Kumar Lahoti said on Friday. While speaking at a telecom industry event Digicom Summit, he said India plays a key role in the global submarine cable network as it hosts around 17 international subsea cables across 17 district landing stations. "As of the end of 2023, the total lit capacity and activity and activated capacity of these cables stood at 180 TBPS (terabit per second) and 132 TBPS, respectively. Multiple next-generation systems are due to become operational in 2025, replacing ageing cables. Once the new systems are fully operational, India's data transmission capacity is projected to quadruple with additional crucial routes," Lahoti said. He said that telecom services are the backbone of the digital economy and industry is playing a critical role in supporting its ...
Read More 17 January 2025 | 10:43 pmSpaceX launch accident likely caused by fire, debris trails near Caribbean
SpaceX suspects a fire may have caused its Starship to break apart during liftoff and send trails of flaming debris near the Caribbean. SpaceX's Elon Musk said preliminary indications are that leaking fuel built up pressure in the cavity above the engine firewall. The resulting fire would have doomed the spacecraft. On Friday, the company promised "a thorough investigation" in coordination with the Federal Aviation Administration. The 400-foot Starship the world's biggest and most powerful rocket launched from the southern tip of Texas on a test flight early Thursday evening. The booster made it back to the pad for a catch by giant mechanical arms, only the second time in Starship history. But the engines on the still ascending spacecraft shut down one by one, and communication was lost 8 1/2 minutes into the flight. Dramatic video taken near the Turks and Caicos Islands showed spacecraft debris raining down from the sky in a stream of fireballs. Flights near the falling debris
Read More 17 January 2025 | 10:42 pm25 Chinese companies may take part in international mining exhibition
Around 25 Chinese companies have expressed interest in participating in the 11th edition of the International Mining and Equipment Exhibition (IME) in Kolkata, an official said on Friday. The Mining, Geological & Metallurgical Institute of India (MGMI), which organises the exhibition in collaboration with Tafcon, stated that the last two editions did not feature direct participation from Chinese companies. "For the upcoming 11th edition, 25 (Chinese) companies have committed to participate so far," MGMI secretary Ranajit Talapatra said. Addressing the media, Tafcon official I P Wadha said: "With the easing of visa restrictions, we expect officials from at least 25 Chinese companies to attend. In the past editions, Chinese companies that have local affiliations or collaborations have participated in the exhibition. MGMI president and Western Coalfields Chairman J P Dwivedi said the event could witness the participation of 600 delegates from 30 countries. The IME 2025 and a conclav
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