Month: April 2025

[ad_1] At least 79 people were killed and over 160 injured in the roof collapse of Jet Set nightclub in Santo Domingo, Dominican Republic. The incident occurred during a packed merengue concert in the early hours of Tuesday. The popular venue was hosting hundreds, including top athletes, politicians, and artists. Rescue operations are ongoing as crews search for survivors. Among the dead are notable public figures, including former MLB stars, reported Associated Press.What happenedThe collapse happened around 12:44 am local time. Witnesses described sudden chaos as the roof gave way, sending hundreds scrambling for safety. Videos shared on social media show parts of the ceiling starting to fall moments before the full collapse. Rescue teams rushed to the scene and worked for hours, pulling survivors from under heavy rubble. Some were still being found nearly 12 hours later.Who are the […]

[ad_1] NEW DELHI: Led by Apple's iPhone, India's mobile phone exports crossed Rs 2 lakh crore mark in fiscal 2024-25, growing by a strong 54% over the previous year. The share of iPhone in the exports stood at Rs 1.5 lakh crore, Union minister Ashwini Vaishnaw said on Tuesday as he forecast a doubling of electronics exports over the next five years. "Smartphones are now among the top exported goods out of India," Vaishnaw said.Apart from Apple, Samsung also exports smartphones out of India, and other companies include Motorola. Chinese players such as Vivo, Oppo, and Xiaomi - while being strong players within India - are still to get big on exports. The minister said that manufacturing of electronics increased more than five times in the last decade while exports moved up more than six times.Vaishnaw also announced the rollout […]

[ad_1] MUMBAI: RBI began its rate-cutting cycle in Feb with a 25 basis point reduction in the repo rate, but deposit rates have largely remained unchanged. While banks have passed on the benefit to home loan borrowers, the impact on depositors has been limited.According to RBI data, the weighted average domestic term deposit rate (WADTDR) stood at an eight-year high of 6.91% in 2024-25. For Feb, the WADTDR touched a nine-year high of 7.02%. Only a few banks, including Bank of Baroda, HDFC Bank, and Yes Bank, have reduced rates by 15 to 40 basis points. However, this has not translated into a wider cut in fixed deposit rates across the sector. The absence of a broad-based reduction is evident in both the weighted average deposit rate and the marginal cost of lending rate, which influences bank lending to businesses.The […]

[ad_1] Prime Minister Narendra Modi NEW DELHI: PM Modi Tuesday aggressively defended the amendments to the Waqf Act, asserting these were necessary to neutralise the changes made by the Congress-led UPA as part of "politics of appeasement", which primarily served the interests of fundamentalists and land grabbers, and had also led to India's Partition."The 2013 changes placed the interests of... land mafia above the Constitution and effectively shut out avenues for justice for their victims," the PM said as he referred to the appropriation of plots belonging to govt, churches, temples, gurdwaras and farmers by declaring them waqf property. The new law, which came into force on Tuesday, aims at rectifying these issues, he said.The PM made these remarks at the "Rising Bharat Summit" organised by News-18 Group.Pasmanda Muslims, everyone else will benefit from Waqf Act: Modi The PM's comments […]

[ad_1] AHMEDABAD: Congress leader Rahul Gandhi is learnt to have told party members that there should be no reservation in naming a group that is targetted, as he reiterated that Congress stands for all religions and groups.Rahul is learnt to have mentioned that a community, be it Christian, Muslim, Sikh, OBC or deprived classes, be named. He said Congress is not associated selectively with any group.The remark at the meeting of the Congress Working Committee (CWC) reportedly came after some questions from party leaders about clarity on political strategy. It has been a subject of debate in political circles and in Congress on how to address the hard polarization pitch of BJP. Rahul stated he had no confusion about the strategy.The extended CWC, led by Congress president Mallikarjun Kharge, Sonia Gandhi and Rahul, met at the Patel Memorial here for […]