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High valuations trigger global investor cashout

NEW DELHI: The surge in repatriation or disinvestment by investors was driven by overseas players seeking to cash in on higher valuations in India. They exited through IPOs, stock market sales, and “private arrangements,” with Singtel’s share sale in Bharti Airtel, IndiGo co-founder Rakesh Gangwal’s sale through block deals in IndiGo parent Interglobe, and Hyundai’s…

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‘My scheduled time comes to an end’: Elon Musk exits Donald Trump’s administration after criticising president’s ‘big beautiful bill’

Elon Musk on Thursday announced that he is stepping down from his role as a top adviser to US President Donald Trump, concluding his tenure as a special government employee tasked with leading a high-profile push to streamline federal bureaucracy.‘My scheduled time comes to an end’Taking to X, he wrote, “As my scheduled time as…

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IIT Delhi’s new UG, PG, and PhD curriculum focuses on flexibility, hands-on learning, and sustainability

IIT Delhi’s new curriculum prepares students for future challenges through hands-on learning and emerging technologies IIT Delhi revamps UG, PG, and PhD curriculum: The Indian Institute of Technology Delhi (IIT Delhi) has unveiled a comprehensive revision of its curriculum for undergraduate (UG), postgraduate (PG), and PhD programmes. Set to be implemented from the academic year…

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Trump used trade for India-Pakistan ceasefire; constraining him could restart conflict: US

Faced with the task of defending President Donald Trump’s trade policies, top US authorities told an American court that any attempt to constrain the president’s powers to use trade and impose tariffs could – among other things – lead to another eruption of conflict between India and Pakistan, endangering the lives of millions. Reiterating Trump’s…

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PayPal gets RBI’s nod to operate as cross-border payment aggregator for exports

PayPal Payments Pvt Ltd, the Indian arm of global fintech major PayPal Holdings Inc, has received in-principle approval from the Reserve Bank of India (RBI) to function as a Payment Aggregator for Cross-Border Exports (PA-CB-E), the company announced on Tuesday.The regulatory approval marks a significant development in PayPal’s India operations and reinforces its role in…

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AP EAMCET answer key 2025 for Engineering exam released at cets.apsche.ap.gov.in: Submit objections by this date

The Andhra Pradesh State Council of Higher Education (APSCHE) has released the provisional answer key for the AP EAMCET 2025 Engineering examination on May 28, 2025. Candidates who appeared for the exam can now access the answer key on the official website: cets.apsche.ap.gov.in. Candidates can submit objections against the provisional answer key by May 30,…

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Nainital hotel, declared ‘enemy property’ in ’60s, to be opened for parking | India News

NAINITAL: To address Nainital’s parking crisis, MHA Wednesday issued formal directives allocating the premises of the Metropole Hotel to the Uttarakhand government for temporary use as a parking facility.Built in 1880, the hotel once belonged to the Raja of Mehmoodabad, who migrated to Pakistan. A luxury destination in its prime, it famously hosted figures such…

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Cabinet approves Rs. 3,399 crore worth rail projects to boost connectivity in Maharashtra and Madhya Pradesh

The Cabinet Committee on Economic Affairs (CCEA), under Prime Minister Narendra Modi‘s chairmanship, has sanctioned two significant railway multitracking projects in Maharashtra and Madhya Pradesh. These infrastructure developments, estimated at Rs 3,399 crore, are scheduled for completion in 2029-30.The sanctioned initiatives comprise: Ratlam-Nagda 3rd and 4th railway lines Wardha-Balharshah 4th railway line The projects will…

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