Author: Indmedia

Centre may cut local-remedy wait for foreign investors from 5 years to 1 NEW DELHI: Seeking to address a long-pending grouse of overseas investors, govt is all set to amend the model bilateral investment treaty (BIT) to allow for international arbitration one year after exhaustion of local remedies, instead of the current five-year clause that was brought in, amid a spate of challenges by global investors.A cabinet note has been moved by the finance ministry to amend the model BIT put in place a decade ago and it has also proposed to expand the definition of investment from enterprise-based to…

Chennai: Union Home Minister Amit Shah on Thursday led the deliberations at the meeting of southern states’ chief ministers at Kovalam near here, where Karnataka CM DK Shivakumar raised the delimitation issue while CMs C Joseph Vijay and V D Satheesan had a “key interaction.”Against the background of Cauvery river water sharing issue and the Mekedatu dam row, Tamil Nadu Chief Minister Vijay, who was seated next to his Karnataka counterpart Shivakumar, spoke to him at the 31st meeting of the Southern Zonal Council.The Southern Zonal Council comprises the states of Andhra Pradesh, Karnataka, Keralam, Tamil Nadu and Telangana, and…

What happens in your body after you eat can offer valuable insights into your health, so pay close attention to it. You may even be able to detect any early warning signs.After eating a heavy meal, if you experience painful discomfort, then it may require closer inspection, rather than just normalising the discomfort as standard fullness after a hearty lunch. A specialist tuned in to give more context.Dr Sabyasachi Pal, interventional cardiologist at BM Heart Hospital, confirmed that a painful sensation in the chest should not be ignored. Why does it happen, and what could it indicate?ALSO READ: Why does…

BOSTON — Harvard Medical School says it agreed to pay $53 million to settle class action lawsuits by relatives of body donors whose remains were sold on the black market by its former morgue manager.Harvard agrees to $53 million settlement over body parts stolen and sold by former morgue managerHarvard Medical School Deans George Q. Daley and Bernard S. Chang announced the development in a letter to the community on Tuesday, calling the actions of former morgue manager Cedric Lodge “despicable, abhorrent, and a flagrant betrayal of our values as a medical community.”Pending court approval, Harvard said that two class…

‘Vishwanath and Sons’ box office collections day 7_ Suriya starrer. Suriya and Mamitha Baiju’s ‘Vishwanath and Sons’ continued its theatrical run with another drop in earnings on Thursday. The family drama recorded an estimated India net collection of Rs 4.20 crore on its seventh day, according to Sacnilk. The figure is 17.6% lower than the Rs 5.10 crore earned on Wednesday.Vishwanath And Sons Movie ReviewThe film has now completed its first week in theatres. ‘Vishwanath and Sons’ has collected Rs 81.60 crore in India net so far. Its India gross collection has reached Rs 94.32 crore.’Vishwanath and Sons’ day 7…

Govt eases export rules to allow wider invoicing, payments in Indian rupees NEW DELHI: Govt on Thursday tweaked provisions of the Foreign Trade Policy to make it easier for exporters to invoice overseas transactions and receive payments in Indian rupees.”All export contracts and invoices, other than those involving member countries of the Asian Clearing Union (ACU), shall be denominated either in foreign currency or Indian rupees. Export proceeds shall be realised either in any foreign currency or in Indian rupees,” the directorate general of foreign trade said in a notification. ACU includes 11 countries, including most Saarc nations, Belarus, Iran…

U.S. Treasury Secretary Scott Bessent speaks to reporters at the White House in Washington, D.C., on August 20, 2026. | Photo Credit: Reuters The United States on Thursday (August 20, 2026) warned allies and China to join President Donald Trump’s new campaign to isolate the Iranian economy, vowing that Washington would “collapse this regime” in Tehran.U.S. Treasury Secretary Scott Bessent’s comments underscored how Mr. Trump is shifting to economic rather than military pressure on Tehran as the war drags toward the six-month mark.Iran branded the U.S. threats as “economic terrorism” and said they would fail.Under fire at home over the…

Noel Tata kicks off Tata Sons succession search MUMBAI: Tata Trusts chairman Noel Tata is understood to have informally kicked off the search process for Tata Sons’ eighth chairman, meeting former HDFC chairman Deepak Parekh at the Taj Wellington Mews Residences in Mumbai on Wednesday, according to people aware of the meeting.The meeting, which also included another Trusts trustee and was held after Tuesday’s adjourned Tata Sons annual general meeting, is understood to have focused on the proposed succession committee that will oversee the selection of the next chairman of the $185 billion Tata Group’s holding company.The committee is required…

The Mumbai Metropolitan Region Transport Authority approved the fare revision on Thursday Mumbai: Your daily commute is set to become slightly more expensive from next month with the Mumbai Metropolitan Region Transport Authority (MMRTA) approving a fare hike for autorickshaws and taxis across the Mumbai Metropolitan Region (MMR). Under the revised rates, the minimum autorickshaw fare will increase by Re 1, from Rs 26 to Rs 27 for the first 1.5km, while the minimum fare for black-and-yellow taxis will rise by Rs 2, from Rs 31 to Rs 33.The fare revision, which was approved on Thursday, will come into effect…

New Delhi: Delhi Police is probing a complaint filed by a businessman alleging that a group of eight to 10 people posing as CBI officers attempted to recently conduct a fake raid at his residence in Rohini.Police, though, have detected some discrepancies in the version of the complainant. They have registered a case and are analysing CCTV footage to get to the root of the matter.Resembling a ‘Special 26’-style fake raid, the people allegedly gathered outside the businessman’s house, claimed they were officers from the investigating agency and said they would conduct a search.The businessman alleged that they tried to…