Author: NNI Editor

Tourism Secretary Smita Sabharwal during an interview on Telangana hosting Miss World 2025, in Hyderabad on Thursday. | Photo Credit: NAGARA GOPAL As Telangana prepares to host the 72nd edition of Miss World from May 4 to 31, the event is expected to place the State on the global tourism map. Smita Sabharwal, Principal Secretary of Youth Advancement, Tourism and Culture, in an exclusive interview with Siddharth Kumar Singh shared insights on the significance of the event and its potential to showcase Telangana’s rich heritage and hospitality to the world. How did the conversation begin about Miss World 2025 coming…

Prior to taking over as CEA, Anantha Nageswaran worked as an author, teacher and consultant. He has also been a part-time member of the Economic Advisory Council to the Prime Minister from 2019 to 2021. File | Photo Credit: Bijoy Ghosh The Government on Thursday (February 20, 2025) extended the tenure of Chief Economic Adviser (CEA) V. Anantha Nageswaran for two years till March 2027.Appointments Committee of the Cabinet (ACC) headed by Prime Minister Narendra Modi approved the tenure of Mr. Nageswaran on a contract basis up to March 31, 2027.With the approval of ACC, the tenure of V. Anantha…

Former cricket team captain M.S. Dhoni during the launch of his app ‘Dhoni’ powered by Single.id, in Mumbai on February 19, 2025. | Photo Credit: PTI Single.ID, a reward systems platform will reward Former Indian cricket captain Mahendra Singh Dhoni’s loyal fans on the ‘DHONI’ app for their purchases with partner retailers, said Enigmatic Smile, a U.K.-based reward technology company.In addition to the rewards on their purchases, fans will also get inside peaks into Dhoni’s life. “Registered users can enjoy exclusive access to never-before-seen videos, personal insights, and behind-the-scenes moments from Dhoni’s life” said Enigmatic Smile in its statement. Also…

Stubborn inflation and President Donald Trump’s hard-line trade policies have rekindled fears of stagflation, a worrying mix of sluggish growth and relentless inflation that haunted the U.S. in the 1970s, even as markets remain upbeat on his pro-growth agenda.The potential return of stagflation, which would pressure a range of assets, has been flagged periodically over the past 50 years but not materialized as a real threat to investor portfolios. While economists and portfolio managers are not ready to say that this time is different, the dreaded scenario has crept back as a key risk for investors in recent weeks, as…

The Additional Solicitor General had told the court that no consignment from Skoda Auto Volkswagen India had been or would be stopped following the tax demand notice. File | Photo Credit: Reuters Skoda Auto Volkswagen India will have to “fall in line and not play victim,” the Customs department told the Bombay High Court on Thursday (February 20, 2025), justifying its tax demand notice of $1.4 billion to the company for allegedly providing misleading information about its imports.Additional Solicitor General (ASG) N. Venkatraman, appearing for the customs department, said the rule of law is the same for everyone.“You have to…

Sensex and Nifty fell for the third day on Thursday (February 20, 2025) as fresh tariff threats, weak Asian markets and foreign fund outflows hurt investors’ sentiment. | Photo Credit: REUTERS Benchmark indices Sensex and Nifty declined for the third day on Thursday (February 20, 2025) as fresh tariff threats, weak Asian markets and foreign fund outflows hurt investors’ sentiment. The 30-share BSE Sensex dropped 203.22 points or 0.27% to settle at 75,735.96. During the day, it tanked 476.17 points or 0.62% to 75,463.01. The NSE Nifty dipped 19.75 points or 0.09% to 22,913.15. Selling in frontline stocks HDFC Bank…

 Forex traders said there is a negative bias for the USD/INR pair amid a muted trend in domestic equities and the unabated foreign fund outflow is weighing on investor sentiments. File | Photo Credit: V. V. Krishnan The rupee appreciated 33 paise to close at 86.65 (provisional) against the U.S. dollar on Thursday (February 20, 2025), supported by the weakening of the American currency in the overseas market. Forex traders said there is a negative bias for the USD/INR pair amid a muted trend in domestic equities and the unabated foreign fund outflow is weighing on investor sentiments. At the…

Southwest Airlines’ first company-wide layoffs in its nearly 54-year history are aimed at shoring up profits, but they run the risk of undermining a company culture of putting employees first that made it stand out from rivals and cultivated a loyal fan base.Until this week, the U.S. carrier never resorted to mass layoffs and furloughs, even as the industry underwent crushing downturns. But soaring costs and sagging profits forced its hand on Monday to announce that it will slash 1,750 jobs, or 15% of its corporate workforce.Conor Cunningham, an analyst at Melius, said the layoffs go against the company’s long-built…

As Moscow and Washington discuss how to end the war in Ukraine, one of the many questions on investors’ minds is whether the corporate exodus from Russia in opposition to the February 2022 invasion of its neighbour may be reversed.As long as broad Western sanctions on Russia remain in place, that looks unlikely, but should U.S. President Donald Trump’s administration seek to ease restrictions, it could open the door for some companies to return to what was once a high-growth market.Here is a rundown of the situation:Who exited and how?More than a thousand companies from McDonald’s to Mercedes-Benz have left…

The case pertains to misappropriation of depositor’s money by top officials of Guru Sarvabhauma Souharda Credit Co-operative bank in connivance with borrowers.  | Photo Credit: Photo for representation only A Special Prevention of Money Laundering Act (PMLA) court on Monday restituted 16 immovable and 46 movable properties with an approximate market value of ₹50 crore in favour of the competent authority appointed under the Karnataka Protection of Interest of Depositors in Financial Establishments Act, 2004 (KPID) for Guru Sarvabhauma Souharda Credit Co-operative Limited, Bengaluru.This, according to an official release, will help recover the loss incurred by the victims in the…