NEW DELHI: The income of parents cannot be the sole criterion for exclusion of a candidate from OBC quota on the ground of being part of ‘creamy layer’, the Supreme Court has said, stressing that status and category of parents’ jobs have to be considered, with income/wealth test as an additional criterion for exclusion. At…
NEW DELHI: Govt has asked states and UTs to lift from the Central Pool rice and wheat under the free foodgrain scheme for three months in advance (till June) and distribute them to beneficiaries immediately. This directive comes as govt warehouses are brimming with rice and wheat stocks and little space is available for storing…
A US-owned oil tanker Safesea Vishnu, sailing under the Marshall Islands flag, was attacked near Basra in Iraq on Wednesday, claiming the life of an Indian crew member. Another ship, Malta-flagged ‘Zefyros’ owned by a Greek entity, was also attacked.Safesea Vishnu was chartered by an Iraqi company contracted with the State Organisation for Marketing of…
MUMBAI: Vinay Tonse, former managing director at State Bank of India, will take over as chief executive officer of Yes Bank after incumbent Prashant Kumar completes his term on Apr 6, following a change in the bank’s shareholding after Sumitomo Mitsui Banking Corporation acquired a 20% stake and became its largest shareholder.Tonse spent over 35…
JAMMU: A joint team of security forces busted a terrorist hideout in a remote, forested area in J&K’s Rajouri district and seized an Improvised Explosive Device (IED), officials said Thursday.The troops detected the hideout in Badi Behak, Thanamandi, during a cordon-and-search operation and found the explosive. The object was tested and found to be an…
US stock markets opened sharply lower on Thursday as surging oil prices and uncertainty stemming from the ongoing conflict involving the US, Israel and Iran weighed on investor sentiment.Shortly after opening bell, the Dow Jones Industrial Average fell 1.1 per cent to 46,879.09. The broader S&P 500 declined 1.0 per cent to 6,706.10, while the…
NEW DELHI: Prime Minister Narendra Modi on Thursday played down the energy crisis in the country triggered by the ongoing conflict between thejoint forces of United States and Israel with Iran. While addressing the NXT Summit, the Prime Minister indirectly targeted those who are “trying to create panic” and claimed that, by doing so, they…
Amid the rising oil prices as the Iran conflict continues to escalate, the Trump administration is considering the idea of suspending a key maritime law that requires American ships be used to transport between US ports.“In the interest of national defense, the White House is considering waiving the Jones Act for a limited period of…
NEW DELHI: Public concern over a possible shortage of LPG and other fuels is mounting, but the Centre assures that there is no reason to panic. The closure of the Strait of Hormuz has led to disruptions in oil supply amid the ongoing US-Israel-Iran war. The government said that the citizens should avoid panic booking…
Fixed term employment is steadily emerging as a mainstream form of hiring. (AI image) India’s world of work is changing. Businesses today operate in an environment marked by rapid technological shifts, evolving geopolitical dynamics, seasonal demand cycles, project‑based work and intense global competition. Geopolitical realignments, supply‑chain reconfiguration and cross‑border regulatory developments are influencing how organisations…