China shrank its holdings of US Treasuries in March, with the UK replacing it as the No. 2 overseas owner. The month, which preceded the April turmoil in the Treasuries market, saw a second straight jump in foreign purchases, to a fresh record high. Total overseas holdings rose $233.1 billion, to $9.05 trillion, Treasury Department…
Foreign Portfolio Investors (FPIs) made strong investments in the Indian equity markets this week, bringing in Rs 4,452.3 crore between May 13 and May 16, according to data from the National Securities Depository Limited (NSDL). The highest inflows during the week were recorded on Friday, when FPIs invested a net amount of Rs 5,746 crore…
A team of the Sindh Human Rights Commission (SHRC) found unavailability of clean drinking water, absence of cleanliness and sanitation, power outages with no backup systems, poor infrastructure, and shortage of staff in government hospitals in Shikarpur and Kashmore-Kandhkot districts of Pakistan’s Sindh on Thursday and Friday, The Express Tribune reported. SHRC Chairman Iqbal Ahmed…
US President Donald Trump has once again claimed that his intervention prevented a potential nuclear clash between India and Pakistan, insisting that his efforts to de-escalate the situation were a “bigger success” than he would ever be credited for. In an interview with a news channel on Friday, Trump reportedly said, “A bigger success than…
NCP-SCP MP Supriya Sule on Saturday expressed her gratitude after being appointed to the all-party delegation representing India globally to convey the country’s message on terrorism. In a tweet, Sule said, “I am honoured to join the all-party delegation representing India on the global stage. I humbly accept this responsibility and thank Hon’ble Prime Minister…
US President Donald Trump’s administration on Friday requested the Supreme Court permit it to proceed immediately with its plan to lay off tens of thousands of workers across federal agencies, Politico reported. In an emergency appeal, the administration requested the judges to lift a lower court order temporarily preventing the layoffs quickly. Trump’s administration’s request for…