Neerja Mishra

RBI Pushes for Removal of ‘Vostro’ Account Cap to Boost Rupee-Denominated Trade

May 2, 2025

India's central bank, the Reserve Bank of India (RBI), has asked the government to raise the cap on foreign banks making use of "vostro" accounts to purchase short-term sovereign debt. This would enhance rupee-denominated trade and investment, two sources and a letter to Reuters said. Local banks hold vostro accounts...

Srinagar Airport Passenger Traffic Drops by Over 50% After Pahalgam Terror Attack

May 2, 2025

The recent terror attack on April 22 in Kashmir's Pahalgam has caused a sudden drop in air traffic at Sheikh-ul-Alam International Airport in Srinagar. After the attack, in which 26 tourists were killed, the passenger traffic arriving and leaving the airport dropped drastically. This has impacted the tourism and transportation...

‘Made in India’ Dengue Vaccine Qdenga Likely to Launch by 2026

May 2, 2025

India is likely to make a significant step in managing dengue with the roll out of a 'Made in India' variant of the vaccine 'Qdenga'. Initially worked on by Japanese drug behemoth Takeda, the vaccine is currently being produced locally with Hyderabad-based Biologics E. India trials are in progress, and...

YouTube CEO Neal Mohan Says Indian YouTubers Have Earned Rs 21,000 Cr So Far

May 2, 2025

YouTube CEO Neal Mohan delivered a major news announcement at WAVES 2025 Summit regarding the platform's enhanced support for India's creator economy. He announced that YouTube has already paid out ₹21,000 crore to creators and artists in India. Further, Neal Mohan shared plans to invest ₹850 crore over the next...

Mike Waltz Use of ‘Unofficial’ Version of Signal App Sparks Security Concerns

May 2, 2025

The Trump administration is confronted with new digital secrecy issues following the arrest of former National Security Advisor Mike Waltz for using an unofficial version of the encrypted messaging app Signal. A photo by Reuters captures Mike Waltz reading messages from senior Trump officials during a cabinet meeting. The screen...

India Launches Multi-Sectoral Attack as Pakistan Braces for Military Action

May 2, 2025

India responded with multi-pronged offensive attack to the April 22 Pahalgam terror attack — in which 26 civilians were killed — has totally turned around its engagement policy with Pakistan. This assertive rebalancing cuts across diplomacy, economics, military preparedness, and even water-sharing agreements. While Pakistan is gearing up for a...

Israel Strikes Near Syrian Presidential Palace in Warning Over Druze Threats

May 2, 2025

Israel has conducted an air raid near the Syrian Presidential Palace in Damascus, targeting the location of the interim President Ahmad al-Sharaa's official residence directly. The Israeli Defence Force (IDF) stated that its fighter jets conducted the pre-dawn Friday attack. This came after heavy exchanges of gunfire between pro-regime gunmen...

NIA Uncovers Lashkar-ISI-Pakistan Army Link in Pahalgam Terror Attack

May 2, 2025

The National Investigation Agency (NIA) has confirmed a fatal alliance of Lashkar-e-Taiba (LeT), Pakistan's Inter-Services Intelligence (ISI), and the Pakistan Army in the April 22 Pahalgam terror attack, in which terrorists murdered 26 individuals, the majority of whom were tourists. The NIA's initial report states that overground workers (OGWs) within...

Russia Begins Construction of First Road Bridge to North Korea

May 1, 2025

Russia has begun constructing its first direct road bridge to North Korea across the Tumen River, an action that reinforces the relationship between the two countries, particularly in the wake of the current conflict in Ukraine. The bridge, due for completion by mid-2026, will link Russia's road system to North...

‘Come, Tell Your Story’: PM Modi Urges Creators to Dream Big with India as Their Stage

May 1, 2025

Prime Minister Narendra Modi on Thursday opened the World Audio Visual and Entertainment Summit (WAVES) 2025 at the Jio World Convention Centre in Mumbai, calling on world content creators to venture into India's rich cultural tapestry and narrate its tales to the world. PM Modi: "India is a Global Canvas...

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