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Government e Marketplace records ₹5.4 trillion in gross merchandise value in FY25

New Delhi: The Government e Marketplace (GeM) marked its ninth Foundation Day this month with a record ₹5.4 trillion in gross merchandise value (GMV) in FY25, cementing its position as India’s flagship public procurement platform, the commerce ministry said on Friday. GeM crossed ₹4 trillion in GMV in FY24. Since its launch, GeM has onboarded…

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Forex watch: India’s reserves drop $9.32 bn to $688.87 bn this week, led by decline in foreign currency assets & gold

India’s foreign exchange reserves fell by $9.322 billion to $688.871 billion for the week ended August 1, marking one of the steepest weekly declines in recent months, according to data released by the Reserve Bank of India (RBI) on Friday.In the previous reporting week, reserves had risen by $2.703 billion to touch $698.192 billion, PTI…

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Ashes banter begins! Stuart Broad shuts down Glenn McGrath’s 5-0 prediction with witty response | Cricket News

Stuart Broad and Glenn McGrath NEW DELHI: Australia’s pace legend Glenn McGrath didn’t hold back with his trademark bold prediction for the upcoming Ashes series, forecasting a 5-0 whitewash in Australia’s favour. Speaking on BBC Radio, the former fast bowler said England would find it “pretty tough” to overcome the hosts when the series kicks…

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‘Foreign lobby’: Republican senator says H-1B crucial for medical field, gets trolled

Republican senator Greg Murphy draws flak after saying H-1B is critical for the country’s medical sector. Amid the intense anti-H-1B sentiment in the US, Republican senator Greg Murphy was trolled on X after he said H-1B visas are critical to address the physician shortage in the country. He said rural communities can’t find US doctors,…

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EPIC trouble for Tejashwi Yadav: Card shown to media ‘seems fake’, says EC; asks him to surrender it by August 16 | India News

NEW DELHI: The Election Commission on Friday claimed that the EPIC showed by RJD leader Tejashwi Yadav to the media during press conference was “fake”. The poll body has asked him to submit it to the office by August 16.“It seems that the EPIC displayed by you during a press conference is fake. Making and…

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Trump’s new endowment tax hits elite US universities hard: Could it shut the door on lower-income applicants?

America’s most prestigious universities, including Harvard, Yale, and Stanford, are bracing for an unprecedented hike in taxes on their multi-billion-dollar endowments. A new law, signed last month by President Donald Trump as part of his flagship spending bill, replaces the flat 1.4% levy with a tiered system charging the wealthiest schools up to 8% of…

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Why Parveen Babi was replaced by Rekha in Silsila — And her blame on Amitabh Bachchan: ‘She started crawling in the hotel…’ |

Yash Chopra’s initial plan to cast Parveen Babi in ‘Silsila’ alongside Amitabh Bachchan was altered due to concerns over her mental health. Amitabh noticed changes in Parveen’s behavior during the ‘Kaalia’ shoot and alerted Yash Chopra. Ultimately, Parveen was replaced by Rekha and Jaya Bachchan, a decision that deeply affected her, leading to accusations against…

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