Author: Indmedia

Image used for representational purposes. File | Photo Credit: Reuters India Ratings & Research on Tuesday (August 18, 2026) projected India’s GDP growth to slow down to 6.8% in the current fiscal year, as against 7.6% in the previous year, citing risks from fuel and food inflation stemming from West Asia conflict’s uncertainty, weak currency, and the likely impact of El Niño on agriculture.The FY27 GDP growth projection at 6.8 per cent is a tad higher than the 6.7% growth Ind-Ra had projected in May.Earlier this month, the Reserve Bank of India (RBI) had raised growth projections from 6.6% to…

US Secretary of State Marco Rubio has announced sanctions against the president and a senior lawyer of the International Criminal Court (ICC).The move is the Trump administration’s latest escalation in its campaign to “dismantle” the court which is empowered by more than 120 member countries to investigate war crimes.Rubio said the US was sanctioning ICC President Tomoko Akane of Japan and ICC Senior Trial Lawyer Abdoulaye Seye of Senegal following an order from President Donald Trump’s targeting the court last year.He accused them of directly engaging “in efforts by the ICC to investigate, arrest, detain, or prosecute officials whose government…

Recently, India-based defence start-up D-Propulse announced that it had successfully demonstrated a rotating detonation engine at a Defence Research & Development Organisation facility in Hyderabad.A rotating detonation engine, or RDE, is an engine design that promises to use fuel more efficiently than conventional rocket engines. Launching satellites to space on rockets and carrying explosives to distant targets on missiles are both expensive. If an engine can use fuel more efficiently, it will need correspondingly less fuel to achieve the same task. This saving can be passed to the payload, whether a satellite or a warhead, increasing the profitability of the…

Rodri (Pic credit: FC Barcelona) Barcelona have officially announced the signing of Spain captain Rodri from Manchester City, adding one of the world’s most accomplished midfielders to a squad already packed with Spanish talent.The 30-year-old midfielder has signed a contract that will keep him at the Catalan club until 2030, Barcelona confirmed on Tuesday after he completed his medical and the final details of the transfer were settled.The deal is reportedly worth 76.5 million euros ($88.5 million), according to a person familiar with the transaction who spoke to The Associated Press on condition of anonymity because the clubs had not…

Reform UK has suspended prominent former Conservative Tim Montgomerie after he criticised senior party figures, including Nigel Farage, in media interviews.Montgomerie, who defected to Reform 18 months ago after a long career as a Tory adviser and commentator, has said he plans to appeal against the suspension.On Friday, Montgomerie told the BBC he was frustrated at Farage’s “aggrieved” tone after the Clacton by-election – and on Monday he told The Spectator podcast, external that Reform’s home affairs spokesman Zia Yusuf was not a “team player”.Reform said he had been suspended “in line with party rules” after public criticism of the…

The TMC general body approved a 12% hike in property tax for residential properties and 20% for non-residential properties, along with a new property transfer fee linked to the government-approved market value of authorised properties Thane: Thane residents are set to face financial blow after the civic general body approved a 12% hike in property tax for residential properties and 20% for non-residential properties, along with a new property transfer fee linked to the government-approved market value of authorised properties.The move, which comes barely four months after the Thane Municipal Corporation (TMC) presented a no-tax-hike budget for FY 2026-27, will…

New Delhi: A 70-year-old singer was found dead inside his locked house in southeast Delhi’s Govindpuri Extension, nearly three days after he was last contacted, police said.The deceased, identified as Rabi Dey, originally from Kolkata, was residing alone for the past three years. Police said they received a PCR call around 11 pm on Aug 14 after neighbours complained of a foul smell emanating from the house.A police team reached the spot and found the iron gate locked from inside, with no other entry point. The fire brigade was called to break open the gate, following which Dey’s body was…

Bengaluru: US startup accelerator Y Combinator has sold another 1.19% stake in Groww parent Billionbrains Garage Ventures for Rs 1,435 crore, continuing to monetise its holding in the listed investment platform.YC Holdings II LLC sold 7.47 crore shares at an average price of Rs 192.16 apiece on Tuesday, according to Bombay Stock Exchange bulk-deal data. The sale was executed at a 3.3% discount to Groww’s previous closing price of Rs 198.70.Groww’s shares ended Tuesday 2.5% lower at Rs 193.70 on the BSE.The transaction reduces YC Holdings II’s stake from 8.63% at the end of June to about 7.44%. Following the…

CHENNAI: The state highways and small ports department has announced ambitious plans to construct a sea-link corridor from Ennore via Mamallapuram to Puducherry covering a stretch of 200km. The department parallelly will also explore feasibility to launch commuter boating service on the same route in coordination with Union ministry of shipping, ports and waterways, and the Puducherry govt.These announcements were made by PWD, highways and minor ports minister Aadhav Arjuna in the assembly on Tuesday.He said the initiative would develop tourism, commuter travel and improve industrial connection between ports. “The sea-link corridor feasibility was taken up during 2025-26 but the…

Bhubaneswar: The higher education department on Tuesday notified the application process for Scheduled Caste (SC) and Scheduled Tribe (ST) students seeking to pursue postgraduate and PhD courses at top-ranked foreign universities under its new ‘Bidesh Sikhyabruti’ scheme.The scheme will support 50 SC and ST students, with eligibility extending to candidates seeking admission to the top 200 foreign institutes and universities in the latest available QS World University Rankings at the time of application.The department stated that students whose annual family income is up to Rs 12 lakh can apply for the scholarship under the scheme which is aimed at enabling…