Breaking News
India opposes China-led IFD pact’s inclusion; flags risks to WTO framework and core principles

[ad_1]

India opposes China-led IFD pact’s inclusion; flags risks to WTO framework and core principles

India on Saturday said it has strongly opposed the China-led Investment Facilitation for Development (IFD) Agreement being incorporated into the World Trade Organisation (WTO) framework, flagging concerns over its systemic implications, PTI reported.The issue was raised at the ongoing 14th ministerial conference (MC14) of the WTO in Yaounde, Cameroon, where Commerce and Industry Minister Piyush Goyal said such a move could weaken the institution’s foundational structure.“Incorporation of the IFD agreement risks eroding the functional limits of the WTO and undermining its foundational principles,” Goyal said in a social media post.“At #WTOMC14, drawing inspiration from Mahatma Gandhi ji’s philosophy of Truth prevailing over conformity, India showed the courage to stand alone on the contentious issue of the IFD Agreement and did not agree to its incorporation into the WTO framework as an Annex 4 Agreement,” he said.Annex 4 of the WTO Agreement contains Plurilateral Trade Agreements that are binding only on members that have accepted them, unlike multilateral agreements which apply to all members.Goyal said that as part of WTO reform discussions, members are deliberating on guardrails and legal safeguards for plurilateral agreements before integrating any such outcomes into the framework.“In view of the systemic issue at hand, India showed openness to have good faith, comprehensive discussions and constructive engagement under the WTO Reform Agenda,” he added.India had also opposed the pact during the WTO’s 13th ministerial conference (MC13) in Abu Dhabi.The Investment Facilitation for Development proposal was first mooted in 2017 by China and a group of countries that rely significantly on Chinese investments, including those with sovereign wealth funds. The agreement, if adopted, would be binding only on signatory members.

[ad_2]

Source link

Vijaypat Singhania, former Raymond chairman, dies at 87 in Mumbai

[ad_1]

Vijaypat Singhania, former Raymond chairman, dies at 87 in Mumbai

Vijaypat Singhania, former Raymond chairman, Padma Bhushan awardee and noted aviator, has passed away.He died in Mumbai at the age of 87.His son Gautam Singhania, chairman and managing director of the Raymond Group, announced the death on microblogging platform X.A company spokesperson said Singhania passed away “peacefully” and his last rites will be performed on Sunday, reported PTI.A recipient of the Padma Bhushan, Vijaypat Singhania was known not only for his leadership at Raymond but also for his passion for aviation. He held a world record for achieving the highest altitude in a hot air balloon.He led Raymond as chairman for around two decades until 2000, after which he handed over the reins of the company to Gautam Singhania. He had also transferred his entire 37 per cent stake in the company to his son.Vijaypat Singhania and Gautam Singhania were later involved in legal disputes, which were subsequently resolved.

[ad_2]

Source link

Noida airport to start commercial flights in 45-60 days, says Aviation minister

[ad_1]

Noida airport to start commercial flights in 45-60 days, says Aviation minister

Commercial operations at the Noida International Airport are expected to begin within 45 to 60 days, Civil Aviation Minister K Rammohan Naidu said on Saturday, indicating that the final preparatory steps are underway, reported PTI.The greenfield airport at Jewar in Uttar Pradesh was inaugurated earlier in the day by Prime Minister Narendra Modi, marking a key milestone for one of the country’s largest aviation infrastructure projects.Naidu said services would commence in the next 45 to 60 days, adding that work on the airport’s security framework is currently in progress. He also noted that IndiGo has expressed interest in operating flights from the facility.

Watch

‘Turned Noida Into ATM For Loot’: PM Modi Blasts Akhilesh Yadav For Delay In Jewar Airport Opening

The project, located in Gautam Buddh Nagar district, is designed to initially handle 12 million passengers annually. Once all four phases are completed, the capacity is expected to scale up to 70 million passengers per year.Developed at an investment of around Rs 11,200 crore in its first phase, the airport will be operated by Yamuna International Airport Pvt Ltd (YIAPL), a subsidiary of Zurich Airport International AG, under a public-private partnership model. The airport code assigned to it is ‘DXN’.The infrastructure includes a 3,900-metre runway capable of accommodating wide-body aircraft, along with modern navigation systems such as the Instrument Landing System (ILS) and advanced airfield lighting.Although passenger services were earlier slated to begin in September 2024, the rollout has been aligned with phased development. The airport received its aerodrome licence from aviation regulator DGCA earlier this month.In the initial phase, the airport will be able to handle up to 30 flights per hour and will have 28 aircraft stands. Cargo handling capacity is projected at around 2.5 lakh tonnes.Terminal 1 spans 1,37,985 square metres and includes 48 check-in counters. In addition, more than 40 acres have been allocated for Maintenance, Repair and Overhaul (MRO) facilities.As part of this, NIA has entered into a strategic partnership with Akasa Air to develop an MRO facility at the site.

[ad_2]

Source link

Middle East crisis: Jubilant FoodWorks reports some Domino’s outlets affected by LPG shortage

[ad_1]

Middle East crisis: Jubilant FoodWorks reports some Domino’s outlets affected by LPG shortage

Jubilant FoodWorks Ltd (JFL), which operates Domino’s Pizza and Dunkin Donuts in India, has reported constraints in LPG cylinder supplies across parts of its store network due to the ongoing West Asia war, according to ET.In a filing to the BSE, the company said, “Operational impact at this stage is limited and being actively managed. The company is taking several steps to conserve LPG and working overtime to move to alternate energy sources like electricity and piped natural gas (PNG).”It added that it is in continuous touch with oil marketing companies to track developments and respond to the evolving situation. “The company is in constant engagement with oil marketing companies (OMCs) to remain apprised of the latest developments and plan operational responses accordingly, given the rapidly evolving nature of the situation,” the filing said.The company noted that it is closely monitoring the situation as supply disruptions persist.The impact is being felt across the restaurant industry, with several chains facing similar challenges due to LPG shortages.On March 10, the National Restaurant Association of India (NRAI) had advised its five lakh members to consider shorter operating hours, reduce items requiring long cooking times or deep frying, and adopt fuel-saving measures such as using lids while cooking, in view of supply constraints linked to the Gulf war.

[ad_2]

Source link

Anushka Sharma cheers for Virat Kohli in the stands, bonds with Smriti Mandhana, Jemimah Rodrigues at RCB’s opening match at IPL 2026 | Hindi Movie News

[ad_1]

Anushka Sharma cheers for Virat Kohli in the stands, bonds with Smriti Mandhana, Jemimah Rodrigues at RCB's opening match at IPL 2026

The Indian Premier League 2026 kicked off in style at the M Chinnaswamy Stadium on Saturday, March 28, drawing a star-studded crowd as Royal Challengers Bengaluru faced Sunrisers Hyderabad. Among those in attendance was Anushka Sharma, who turned up to cheer for her husband Virat Kohli. This was a treat for fans who missed seeing Virat and Anushka when during World Cup 2026, one saw Rohit Sharma and MS Dhoni with their wives, cheering for Team India. She was joined by RCB Women’s Premier League stars Smriti Mandhana and Shreyanka Patil, along with Jemimah Rodrigues. Their appearance came shortly after the women’s team’s title-winning run, underlining the growing bond between the men’s and women’s squads.Anushka, who had kept a relatively low public profile in recent months, made a much-anticipated return to the stands, delighting fans. The ‘Rab Ne Bana Di Jodi’ actor was seen enjoying the match alongside Mandhana, and their presence quickly became a talking point on social media. Dressed in a chic floral top and denims, Anushka exuded effortless elegance, while Mandhana, fresh from captaining RCB’s successful WPL campaign, was equally enthusiastic in supporting the team. Their easy camaraderie and visible excitement for the game sparked a wave of viral moments across social media.

Watch

Virat Kohli Ditches Big Party for Anushka Sharma, Rings in 2026 with Family Love in Dubai

Virat Kohli dropped a catch and Anushka’s reaction also went viral. Fans, however, had one special request for Anushka! Many urged her to don an RCB jersey to show full team spirit. Social media was flooded with comments praising her style while also expressing excitement over seeing her back in the stadium cheering for Kohli. Meanwhile on the movie front for Anushka, the actress has been largely away from the movies after embracing motherhood. She had shot for ‘Chakda Xpress’ but the film hasn’t yet released.

[ad_2]

Source link

Jannik Sinner practices golf with Greg Norman before Miami Open 2026 final, surprising moment before facing Jiri Lehecka | International Sports News

[ad_1]

Jannik Sinner practices golf with Greg Norman before Miami Open 2026 final, surprising moment before facing Jiri Lehecka
Jannik Sinner and Greg Norman (Image Via Getty)

The build-up to the 2026 Miami Open final brought an unexpected but fun moment for fans. Jannik Sinner was seen spending time with Greg Norman, a former World No. 1 in golf. The two met in Miami just days before the big match, and their relaxed interaction quickly caught attention online.What made it more interesting was Norman’s connection to tennis. He was once married to Chris Evert, one of the biggest names in women’s tennis history. Seeing Sinner and Norman together created a rare crossover moment between golf and tennis right before one of the season’s biggest finals.

Jannik Sinner learns golf tips from Greg Norman ahead of Miami Open 2026 final

During their time together, Greg Norman gave Jannik Sinner a few quick lessons on improving his golf swing. Sinner, who plays golf for fun, has often said he is still learning the sport. This time, he had one of the best teachers possible. Norman guided him on how to shape a full swing, and Sinner gave it a try right there.The moment felt natural and easy. Sinner followed the advice, took the shot, and impressed his coach Darren Cahill, who was watching closely. It was a small but enjoyable break from the pressure of the tournament.Norman, who won 88 professional titles in his career, shared the moment with a smile. His past with Chris Evert also brought back memories for long-time sports fans. The two married in June 2008 in the Bahamas but later went their separate ways after years together.Meanwhile, Sinner’s focus quickly returns to tennis. The Italian star is heading into the Miami Open 2026 final in top form. He has not dropped a single set in the tournament so far. His path to the final included strong wins over Damir Dzumhur, Corentin Moutet, Alex Michelsen, Frances Tiafoe, and Alexander Zverev.Sinner now faces Jiri Lehecka in the final. Lehecka has also played solid tennis, losing just one set on his way to the title match. He defeated players like Taylor Fritz and Arthur Fils to reach this stage.Still, the numbers clearly favor Sinner. He has beaten Lehecka in all three of their previous meetings, each time in straight sets. With his current form and confidence, Sinner enters the final as the clear favorite to lift his second Miami Open title.

[ad_2]

Source link

Watch: US releases video of strikes Iranian naval vessels, says ‘harassed global shipping for decades’

[ad_1]

Watch: US releases video of strikes Iranian naval vessels, says 'harassed global shipping for decades'

The United States on Saturday released video footage showing its strikes on Iranian naval vessels, as the conflict across the Middle East continued to widen.Shared by US Central Command (CENTCOM) on X, the footage showed missiles being fired from warships in the region, fighter jets taking off from aircraft carrier decks, and precision strikes on Iranian targets.“For decades, Iranian naval vessels have threatened and harassed global shipping in regional waters, but those days are over,” CENTCOM said.The footage was released days after the United States said it had crossed 10,000 strikes in its ongoing military campaign and that operations were “on plan or ahead of plan”.US Central Command chief Brad Cooper said the operation, now in its fourth week, had overwhelmed Iran’s air defence systems and was producing visible results.“We hit the 10,000th Iranian target just hours ago. And if you combine what we’ve accomplished with the success of our Israeli ally, together we have struck thousands more, clearly demonstrating that we’re stronger together. Our precision strikes have overwhelmed Iranian air defences and our combat flights over Iran are having tangible effects.”Cooper also said the campaign had significantly weakened Iran’s naval capabilities, claiming most of its major warships had been destroyed.“For decades, Iranian warships have roamed regional waters, threatening and harassing global shipping. But those days are over because we’ve now destroyed 92 percent of the Iranian Navy’s largest vessels. They’re not sailing, and my operational assessment is that they’ve now lost the ability to meaningfully project naval power and influence around the region and around the world,” he said.Separately, a US official told Reuters that an Iranian missile and drone strike on the Prince Sultan airbase in Saudi Arabia wounded 12 American personnel, including two seriously, and damaged military equipment.The conflict began on February 28 with US and Israeli airstrikes and has since disrupted global energy supplies, particularly through the Strait of Hormuz, a key route for nearly 20 million barrels of oil per day.Iran’s ability to threaten shipping has also added to volatility in oil and commodity markets.

[ad_2]

Source link

RCB honour victims with special tribute during IPL opener at Chinnaswamy | Cricket News

[ad_1]

RCB honour victims with special tribute during IPL opener at Chinnaswamy
Royal Challengers Bengaluru’s players huddle (PTI Photo/Shailendra Bhojak)

Bengaluru: Ten months after the last Indian Premier League match at the M Chinnaswamy Stadium, cricket returned to Royal Challengers Bengaluru’s home turf on Saturday with renewed vigour — and a reworked match-day experience for fans.Yet, amid the buzz, memories of last year’s tragedy lingered. The 11 seats dedicated to those who lost their lives during RCB’s victory celebrations stood out — encased within a picket fence and adorned with floral motifs against a white backdrop — a quiet reminder in a charged atmosphere.

Watch

RCB’s big changes ahead of IPL: New rules, tribute & squad update

Outside the stadium, activity picked up early. Once the gates opened around 3.30 pm, spectators began streaming in, many arriving well in advance to navigate the revamped entry system without last-minute hassle.The excitement wasn’t limited to local fans. Curtis P, an Infosys employee from Florida, was among a group of five colleagues from across the United States who had planned their visit around the match.“I’m a huge cricket fan and have been coming to India to watch games for a while. We had a work trip planned and timed it to coincide with this match,” Curtis said.For several regulars, the changes translated into a smoother experience. Vishwanath Reddy, a retired Army officer and long-time attendee, was impressed.“In over three decades, this was possibly the smoothest entry experience for us. The police ensured only valid ticket holders were allowed near the gates and kept people moving instead of letting crowds build up. I hope this becomes the norm,” he said.However, not everyone had a seamless start. For some, unfamiliarity with updated security protocols led to inconvenience.Vinaya V, who had come with her daughter Mairah, found the restrictions frustrating. “We weren’t aware that digital watches weren’t allowed. We had to walk quite a distance to deposit it at the baggage counter and then return,” she said.RCB fan Santosh Udupa had a similar experience. “I was caught off guard when they said I couldn’t carry my keys. After some discussion, they allowed my house keys, but I had to deposit my car keys because of the sensors,” he said.Many others, who had overlooked the fine print on prohibited items, were seen in discussions with security personnel after being stopped from carrying belongings such as bags, perfumes and cosmetics inside.Despite these minor hiccups, the overall arrangements marked a significant improvement. More than 2,000 personnel — including city police, CCB, traffic and civil defence staff — were deployed to manage the crowds.Mock drills conducted over the past 10 days appeared to have paid off, with entry points functioning largely without glitches and security personnel ensuring there was no loitering around the stadium premises. With access largely streamlined through Cubbon Road, Queen’s Road was free of its usual match-day congestion.Before the start of play, the packed stadium paused to honour the victims. Both teams and fans observed a minute’s silence, while the message “Forever in our hearts” was displayed across the big screens — a moment of collective remembrance before the cricket took centre stage.Also See: IPL Score

[ad_2]

Source link

‘Saudi pact becoming a problem for us’: Why Pak wants to host US-Iran peace talks

[ad_1]

'Saudi pact becoming a problem for us': Why Pak wants to host US-Iran peace talks

Pakistan’s push to host US–Iran peace talks is being shaped as much by urgency as by opportunity. Islamabad is growing increasingly wary that its defence pact with Saudi Arabia could pull it deeper into a widening regional conflict.Pakistan is set to host a four-nation meeting with Turkey, Saudi Arabia and Egypt on March 30 in Islamabad. It is trying to position itself as a mediator between Washington and Tehran, seeking to de-escalate a month-long conflict that threatens regional stability and its own fragile economy. All while trying to avoid being dragged into the war through existing security commitments.

Watch

India Mocks Pakistan’s Mediator Claims, Cites Khwaja Asif’s Remark And 1971 Atrocities Record

The planned quadrilateral talks are the first since tensions escalated, coming as Pakistan intensifies diplomatic outreach. It has already relayed a reported 15-point US peace proposal to Iran and offered to host direct negotiations.But beneath the diplomatic push lies a growing unease within Islamabad’s security establishment.Pakistan reportedly signed a mutual defence treaty with Saudi Arabia last year, but it is now turning out to be a strategic liability amid the rising hostilities. Recent Iranian strikes on Saudi territory have sharpened fears that Pakistan could be compelled to take sides in a conflict it is keen to avoid.According to a Financial Times report, Pakistani officials increasingly see the Saudi pact as “becoming a problem”, particularly as deterrence appears to have faltered without delivering the expected economic dividends.“The Saudi pact is becoming a problem for us,” FT reported, citing a person in Pakistan with an understanding of the thinking of Pakistan’s senior military leaders. “It was supposed to be cash for deterrence. But we’ve not gotten any new Saudi investments, and deterrence failed.”The risk of entanglement is compounded by Islamabad’s close military ties with Riyadh and its simultaneous efforts to maintain workable relations with Tehran.This balancing act is further complicated by domestic pressures.Strong anti-US and anti-Israel sentiment, alongside widespread public sympathy for Iran, especially among Pakistan’s large Shia population, limits the government’s room for manoeuvre. Any overt alignment with Washington or Riyadh risks triggering internal unrest.“The problem for Islamabad is not simply geo-sectarian, but also rampant anti-American and anti-Israeli sentiments in the country that have created popular sympathy for Iran during the conflict,” FT cited Kamran Bokhari, senior resident fellow with the Middle East Policy Council in Washington. He further added, “The Pakistanis got involved in diplomacy so that they could avoid getting dragged into the fighting.”

Poll

Should Pakistan continue to act as a mediator between the US and Iran?

At the same time, Pakistan’s leadership sees diplomatic engagement as a strategic necessity. Prolonged conflict in the Gulf threatens energy supplies, trade routes and an already strained economy. Acting as a mediator also bolsters Islamabad’s global relevance and helps shore up domestic legitimacy at a time of political and economic stress.Pakistan has engaged both the US and Iranian leadership through backchannels, while also coordinating with regional powers, including Turkey and Egypt. The emerging grouping has drawn comparisons to a loose “Islamic NATO”, though officials frame it as a platform for stability rather than a military bloc.The FT report noted that the longer the conflict drags on, the harder Pakistan’s balancing act becomes. A failed diplomatic effort could erode trust with both Washington and Tehran, leaving Islamabad isolated even as the risk of regional spillover grows.For now, Pakistan is betting on diplomacy to keep itself out of the line of fire. But with alliances tightening and tensions escalating, its room to manoeuvre may be narrowing rapidly.

[ad_2]

Source link

Russia sells reserve gold for first time in 25 years to fund Ukraine war deficit: Report

[ad_1]

Russia sells reserve gold for first time in 25 years to fund Ukraine war deficit: Report

Russia has begun selling physical gold from its central bank reserves for the first time in 25 years, as the government seeks to plug a widening budget deficit driven by sustained military expenditure, according to a report by Berlin-based news outlet bne IntelliNews.Regulatory data show that between 2022 and 2025, Russia sold gold and foreign currency worth over RUB 15 trillion ($150 billion), followed by an additional RUB 3.5 trillion ($35 billion) in just the first two months of 2026, the report noted. In January alone, the Central Bank of Russia sold 300,000 ounces of gold, followed by another 200,000 ounces in February.The move marks a significant shift in reserve management. Earlier, gold transactions were largely notional, involving transfers between the Ministry of Finance and the central bank without physical movement of bullion. In recent months, however, the central bank has started selling actual gold bars into the market.As a result, Russia’s gold holdings have declined to 74.3 million ounces, the lowest level in four years. The disposal of 14 tonnes in January and February is the largest two-month sale since the second quarter of 2002, when 58 tonnes were offloaded in a single tranche.The sales come as Russia’s fiscal position comes under increasing strain. The government ended 2025 with a budget deficit of 2.6 per cent of GDP, compared to an initial projection of 0.5 per cent, Berlin-based bne IntelliNews report noted. Economists estimate the actual deficit could be closer to 3.4 per cent, with some payments deferred to 2026 to limit the reported gap.Pressure on the budget has intensified as oil prices weakened in the second half of the year and US sanctions tightened, reducing the contribution of oil and gas tax revenues to about 20 per cent of total revenues — roughly half of pre-war levels.The decision to sell gold has also been influenced by the sharp rise in bullion prices to above $5,000 per ounce. This surge has pushed Russia’s international reserves to over $809 billion as of February 28, including around $300 billion of assets frozen in the West, according to the Central Bank of Russia. Of this, gold reserves alone are valued at about $384 billion.Russia currently holds more than 2,000 tonnes of gold, making it the world’s fifth-largest sovereign holder, according to World Gold Council data. The country had built up these reserves over the years to reduce dependence on dollar-denominated assets, especially after sanctions imposed following the annexation of Crimea in 2014 and further tightened after the invasion of Ukraine in 2022.Since 2022, the Ministry of Finance has relied on multiple funding channels to manage budget pressures. These include drawing from the National Welfare Fund, which still holds around RUB 4 trillion, increasing issuance of domestic OFZ treasury bonds, and raising value-added tax rates, which account for about 40 per cent of government revenues.The shift to selling physical gold suggests that Russia is now tapping its liquid reserve buffers more directly, underlining the growing fiscal strain as the conflict in Ukraine continues into its fourth year.

[ad_2]

Source link