May 2022 - Page 15 of 28

May 16, 2022

National Bank Financial Analysts Lower Earnings Estimates for Sun Life Financial Inc. (NYSE:SLF)

Sunlight Daily life Economic Inc. (NYSE:SLF – Get Ranking) (TSE:SLF) – Investigation analysts at Nationwide Bank Money lowered their FY2023 earnings for each share estimates for shares of Sun Existence Fiscal in a research report issued on Wednesday, Could 11th. Nationwide Bank Money analyst G. Dechaine now expects that the money solutions service provider will generate $4.93 for each share for the calendar year, down from their preceding estimate of $5.55.

A range of other investigate analysts have also lately weighed in on SLF. Scotiabank dropped their price objective on shares of Sun Lifestyle Fiscal from C$71.00 to C$67.00 in a report on Friday. StockNews.com assumed coverage on shares of Sun Existence Financial in a report on Thursday, March 31st. They established a “hold” ranking for the firm. Zacks Investment decision Study restated a “hold” score on shares of Sun Existence Financial in a study report on Thursday, March 17th. Canaccord Genuity Group diminished their cost objective on shares of Solar Lifestyle Economical from C$75.50 to C$67.00 in a investigate report on Sunday. Finally, BMO Cash Markets lowered their rate goal on shares of Sunshine Lifetime Monetary from C$80.00 to C$75.00 in a research report on Friday. A person analyst has rated the inventory with a promote ranking, 4 have issued a hold score and six have issued a acquire ranking to the organization. Centered on information from MarketBeat.com, the inventory has a consensus score of “Hold” and an regular target rate of $71.14.

Shares of SLF inventory opened at $47.62 on Monday. The company’s 50-day shifting common price is $53.22 and its 200-working day shifting typical price is $54.50. Sunshine Life Economic has a twelve thirty day period lower of $46.23 and a twelve thirty day period large of $58.49. The inventory has a market place cap of $27.91 billion, a value-to-earnings ratio of 9.11, a PEG ratio of 1.06 and a beta of 1.06.

The business also lately disclosed a quarterly dividend, which will be paid out on Thursday, June 30th. Stockholders of record on Wednesday, June 1st will be paid a dividend of $.537 for every share. This represents a $2.15 dividend on an annualized foundation and a dividend generate of 4.51{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. This is a boost from Sunlight Life Financial’s past quarterly dividend of $.52. The ex-dividend day is Tuesday, May possibly 31st. Sun Lifetime Financial’s dividend payout ratio (DPR) is 39.77{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

A amount of hedge cash have not long ago added to or minimized their stakes in SLF. Brinker Capital Investments LLC lifted its holdings in shares of Sunshine Lifestyle Economical by 1.4{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the course of the 4th quarter. Brinker Capital Investments LLC now owns 12,828 shares of the fiscal services provider’s inventory valued at $714,000 after obtaining an further 173 shares in the past quarter. JCIC Asset Management Inc. improved its position in shares of Solar Everyday living Economical by .8{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the 1st quarter. JCIC Asset Management Inc. now owns 26,721 shares of the fiscal products and services provider’s inventory worth $1,492,000 immediately after obtaining an additional 205 shares in the course of the last quarter. Quadrant Capital Team LLC grew its placement in shares of Solar Lifestyle Financial by 8.9{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} for the duration of the 4th quarter. Quadrant Capital Team LLC now owns 2,735 shares of the economic companies provider’s inventory valued at $152,000 following obtaining an supplemental 224 shares for the duration of the final quarter. Cetera Advisor Networks LLC grew its placement in shares of Sunshine Daily life Money by 2.4{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} all through the 1st quarter. Cetera Advisor Networks LLC now owns 10,835 shares of the economical expert services provider’s inventory valued at $605,000 soon after buying an extra 250 shares all through the previous quarter. Lastly, Eaton Vance Management grew its position in shares of Sun Existence Money by 3.9{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the course of the 3rd quarter. Eaton Vance Administration now owns 6,688 shares of the monetary expert services provider’s stock valued at $271,000 after acquiring an added 253 shares for the duration of the last quarter. 47.14{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the inventory is owned by hedge funds and other institutional buyers.

About Solar Everyday living Monetary (Get Rating)

Sunshine Life Money Inc, a monetary providers firm, supplies insurance, prosperity, and asset management solutions to people and corporate shoppers around the globe. It provides term and long term existence, as properly as individual health and fitness, dental, important disease, prolonged-phrase treatment, and incapacity insurance plan solutions. The corporation also presents reinsurance products expense counselling and portfolio management expert services mutual resources and segregated funds trust and banking expert services true estate property brokerage and appraisal services and service provider banking expert services.

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May 16, 2022

FreeFlow Finance and IX Fintech Digital Form Strategic Partnership for Synergistic Cooperation | Taiwan News

FreeFlow payments infrastructure enabling universal obtain to controlled digital assets and IX Fintech’s portfolio of progressive digital asset items make for a get-gain end result

HONG KONG SAR – Media OutReach – 16 Could 2022 – FreeFlow Finance Restricted (FreeFlow) and IX Fintech Digital (Worldwide) Corporation Constrained (IX Fintech Digital) are pleased to announce they have entered into a strategic partnership, combining FreeFlow’s world’s initial interoperability infrastructure for cross-border payments, trade transactions and retail commerce, utilizing controlled electronic currencies with IX Fintech Digital’s primary digital asset merchandise and providers which includes digital asset index merchandise, electronic asset wallet, digital double-offline retail stage system community and connected electronic finance innovation.

The strategic partnership will open up the possible for IX Fintech Digital to add thoroughly regulated electronic asset payment/settlement performance and regtech/compliance remedies to their portfolio of providers for their shoppers and companions, and to permit institutional DeFi use situations to allow new company model chances for Forex, hard cash administration, and lending.

The strategic partnership will also open up the possibility for FreeFlow to examine certain use instances to join Hong Kong consumers to aid cross-border transactions into Greater China leveraging FreeFlow’s interoperability infrastructure and strategic partners, and IX Fintech Digital’s digital wallet and electronic asset goods.

The parties will start out their strategic partnership by partaking in a feasibility examine for technical integration of FreeFlow’s interoperability infrastructure to IX Fintech Electronic. This will be followed by further collaboration in observe-on phases to kind business enterprise partnerships to commercially scale the opportunities discovered.

“At FreeFlow, we are always hunting for new synergistic partners for our ecosystem to reshape world finance and fiscal inclusion by regulated electronic property,” stated Michael Sung, Founder and CEO of FreeFlow. “Our strategic partnerships are instrumental in facilitating liable monetary solutions for SMEs and customers, and we’re excited to be performing with IX Fintech Electronic.”

“At IX Fintech Digital, we strive to establish the very best exercise and goods for upcoming economic markets, to attain a much more seamless, clear, and productive method,” mentioned Irene Wong, Founder and CEO of IX Fintech Electronic. “With dwelling foundation in Hong Kong, we goal to bridge between China and the other international locations to realize environmentally friendly, blue, cultural trade and economic inclusion by way of the use of technological know-how and treasure the opportunity to perform with superior associates like FreeFlow.”

About FreeFlow Finance

FreeFlow Finance is the world’s 1st interoperability infrastructure business for the upcoming era of cross-border payments, trade transactions and retail commerce, working with regulated digital currencies. FreeFlow enables seamless integration with stable coins and central bank electronic currencies as a result of our cross-system electronic forex clearing and settlement and on-chain Fx liquidity provision capabilities, powered by our institutional quality, vertically integrated, and regulatory compliant, solitary-window API system.

About IX Fintech Electronic
IX Fintech Digital is an award-winning business, providing finest-in-course electronic asset expert services, ranging from digital asset indexing, digital double-offline retail position process network to decentralized electronic asset wallets, built on sturdy infrastructure. IX Fintech Electronic (Global) Corporation Limited gives products and products and services with substantial protection and KYC/AML abilities. Its electronic asset wallet is equipped with article-quantum protection and entire-stack KYC/AML solutions.

#FreeFlowFinance #IXFintechDigital

The issuer is entirely responsible for the content of this announcement.

May 16, 2022

Regional Finance Manager | ReliefWeb

Contract: 2 12 months Set Time period Agreement (renewable) Salary: Community Conditions and Conditions utilize

Purpose of position as Regional Finance Supervisor, West Africa

Sightsavers are actively recruiting a Regional Finance Supervisor to protect West Africa location. The postholder will work closely with country places of work, Regional Directors and other groups to make sure ongoing fiscal administration and manage is performing effectively. They will assistance state teams in resolving any discovered issues and weaknesses and find options. The put up is crucial in operating with Country Directors and other regional business team in the implementation and roll-out of new initiatives aimed at strengthening and streamlining economic and programme management throughout the continent.

The postholder will assist various countries, value centres and programmes throughout their area, subject matter to periodic review and adjustment. The posts necessitates overall flexibility in temporarily supporting extra international locations and cost centres as and when necessary.

Furnishing technological and operational help to Nation Administrators, programme and finance & operations team and state stage finance and support solutions groups.
Helping the Head of Finance and Functions – Africa in the progress and implementation of techniques and strategies to make improvements to economic management and controls throughout Africa
Supporting economic scheduling and forecasting across Africa, performing intently with nation workplaces to ensure sensible and correct economic programs and forecasts are in area.
Collaborating with world groups and operate with place teams to make certain critical equipment and procedures are running correctly like programme style and design and inception, Pro reporting, partnership resources and GDP processes.
Enterprise internal critiques of region places of work, programmes, and partners and establish ability, in accordance to agreed internal audit & critique programme.
Periodic coordination of Africa Regional Finance Administrators, guaranteeing continent-wide actions, these types of as arranging and forecasting, external audits, etcetera, are properly-managed.

Understanding, capabilities and experience for Regional Finance Manager, West Africa

Essential:

Suitable economic / enterprise qualification (ICAEW, ACCA, CIMA, MBA) or equal working experience
Significant encounter with tested monitor history in finance management roles if possible with some practical experience of doing the job in just the international growth sector
Experience of managing and influencing teams throughout a vast and diverse geography
Powerful operational management working experience with monitor record of effective implementation
Modify management
Robust money management
Superb audit encounter
Senior stakeholder administration knowledge and relationship creating skills
Robust conclusion-building expertise
Excellent command of English
Exceptional command of French

Appealing:

Past practical experience in a equivalent regional purpose inside of an INGO

Regional Finance Manager, West Africa is a remarkably assorted and included part and the earlier mentioned is not an exhaustive checklist of obligations or needed expert skills. You should see the Job Description for total facts.

Closing day: 27 Might 2022

How to apply

We intend to conduct interviews the 7 days commencing 6 June onwards. The interview system will consist of a written job adopted by a two-phase job interview system.

As an equal possibility employer we actively stimulate programs from all sections of the community. Sightsavers is a Disability Assured Chief for that reason competent folks residing with a incapacity are significantly encouraged to use.

Use here

All programs will have to be in English. Make sure you detail all your appropriate qualified practical experience inside the application sort.

May 16, 2022

Treasury Targets Russia, Oligarchs as Part of Plan to Combat Illicit Finance

The U.S. Treasury Section outlined actions it programs to choose to handle illicit-finance pitfalls, stating Russia’s invasion of Ukraine had underscored the have to have to close regulatory loopholes and step up the struggle versus corruption.

The countrywide strategy for combating illicit finance, launched Friday, is the hottest iteration of a report the Treasury produces every single two a long time. But this year’s technique may possibly be amongst the most significant it has developed, Treasury officials mentioned, specified Russia’s aggression towards its neighbor.

“Illicit finance is a main nationwide-safety threat and nowhere is that much more obvious than in Russia’s war towards Ukraine, supported by many years of corruption by Russian elites,” explained U.S. Treasury Assistant Secretary Elizabeth Rosenberg.

Among its priorities for addressing that threat, the Treasury claimed Wednesday, is implementing laws that limit the skill of illicit actors these types of as corrupt Russian oligarchs to covertly entry the money procedure by way of shell organizations and all-dollars authentic-estate buys.

The report launched Friday responds to a amount of illicit-finance dangers to the U.S. fiscal process discovered by the Treasury in March. The Treasury at the time named fraud, drug trafficking and cybercrime as the crimes that deliver the biggest quantity of illicit proceeds. It also recognized emerging threats, like the abuse of cryptocurrencies and climbing domestic extremism.

The Biden administration tied its operate on illicit finance to more substantial nationwide-protection aims even right before the Ukraine invasion. It has mentioned that battling corruption ought to be a main nationwide-security precedence, and additional lately pointed to Russia’s invasion of Ukraine as a single illustration of how corruption destabilizes nations and poses a risk to U.S. passions.

The administration has imposed significantly-achieving economic steps from Russia, and has stepped up sanctions in opposition to men and women and businesses it alleges are associated in corruption. On May well 8, it announced new measures banning Americans from giving accounting and management-consulting products and services to Russian corporations. That phase was in line with the strategies launched Wednesday, the Treasury stated.

For much more than a 12 months, the Treasury has been employing a corporate-transparency law, an hard work the agency explained was its top rated precedence in countering the many illicit-finance threats it has identified. The Anti-Dollars Laundering Act, passed in early 2021, phone calls for the Treasury to develop a corporate-ownership registry that lawmakers hope will limit the use of anonymous shell organizations.

The agency is also pushing for better anti-money-laundering controls in the actual-estate sector, together with supplemental scrutiny of all-income transactions.

Treasury officials on Wednesday claimed the steps were an important step in countering Russian President

Vladimir Putin

and corrupt Russian oligarchs with ties to the Kremlin. Corruption tied to the Russian federal government has played a role in funding the Ukraine invasion, they said.

“Some of the most sophisticated money launderers and monetary criminals in the globe function on behalf of Russia,” a senior Treasury official reported for the duration of a briefing with reporters. “They acquire advantage of these gaps to move and disguise their cash, together with in the United States.”

The Treasury on Wednesday mentioned it would also concentration on updating polices that need fiscal establishments these as banking institutions and money-solutions businesses to implement anti-income-laundering controls to the transactions they system on behalf of clients.

It also will get the job done to increase the usefulness of law-enforcement endeavours to counter illicit financing, assistance technological innovation and continue on to scrutinize the pitfalls posed by cryptocurrencies and other new economic merchandise and providers, the Treasury explained.

Much more From Danger & Compliance Journal

Write to Dylan Tokar at dylan.tokar@wsj.com

Appeared in the May possibly 14, 2022, print edition as ‘Treasury Tackles Illicit Finance.’

May 15, 2022

Inflation and fears of a recession, contribute to falling financial markets : NPR

The sell-off in stock marketplaces retains finding worse as traders increase fearful about inflation, and whether or not the Federal Reserve can neat selling prices devoid of sparking a economic downturn.

STEVE INSKEEP, HOST:

Wow. The S&P 500 is on the verge of a bear sector. That’s when the index drops at minimum 20{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} from its recent substantial. The major driver of falling stocks is inflation and now fears of a recession. We spoke previously with NPR’s David Gura.

DAVID GURA, BYLINE: The hottest go through of the purchaser selling price index showed inflation slowing down a tad. But the base line is rates are however growing a lot quicker than we’ve observed in many years. And what Wall Road required was to see a more powerful indicator inflation experienced peaked. The dilemma is these selling prices are not slowing down speedy enough, which, of study course, you know if you have shopped for groceries not long ago, bought an airline ticket. And which is fueling fears the Federal Reserve will have to hike desire rates a lot more aggressively.

Now, this is scary for the reason that, a single, borrowing costs are going to rise. House loan fees are currently higher. And two, there is certainly a actual threat this could ship the financial system into a deep downturn. On Thursday, the Senate verified Jerome Powell to a next term as Fed chair. And he begins that phrase, Steve, at a time when buyers are definitely doubtful the Fed will be equipped to increase fees with no sparking a recession.

INSKEEP: Does that clarify why the figures are down on the markets?

GURA: Yeah. Even sector veterans have been taken aback by the volatility. We have witnessed the Dow get far more than a thousand points a single working day and get rid of additional than a thousand points the future. And then you will find anxiety. You can see it in a volatility index termed the VIX, also identified as the concern index. It is now practically double what it was at the beginning of the 12 months. Now, what we’re ready for is to see if the medicine that the Fed has begun to administer is working. It is completed two charge hikes, and the Fed signaled it is really probable to do two extra of fifty percent a percentage place each individual at its next two conferences. We are not likely to know if it really is working right absent. We are in this interval when Wall Road also has to wait around to see if the Fed is likely to do anything at all unforeseen. Its following conference is not until June 14, which feels like an eternity in this article.

Eric Freedman is the chief expenditure officer of U.S. Bank’s asset management group.

ERIC FREEDMAN: We have a thirty day period-moreover of what’s known as a paucity of conversations – definitive discussions and decisions from Fed – but maybe much more chatter.

GURA: Freedman claims marketplaces will react to that chatter, to speeches from Fed officers and to each and every new piece of economic information. So, Steve, that volatility is not going to go absent anytime shortly.

INSKEEP: Can you set market declines in context listed here? How negative is it?

GURA: Properly, we have long gone from some very outstanding gains to these new lows. Recall, the S&P 500 strike a file large in January. So this is a pretty large fall. What also makes this downturn diverse is the Fed has not aggressively elevated interest costs like this in decades, and both equally shares and bonds are advertising off concurrently. That is generally not what takes place. U.S. Treasuries are noticed as risk-free havens. And buyers turn to them in occasions of turmoil. Eric Freedman suggests, we haven’t noticed this occur in a calendar 12 months in at minimum 46 decades. I will incorporate that crypto is also acquiring crushed – Bitcoin down about 35{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} due to the fact the start of the year.

INSKEEP: Let’s speak about yet another source of volatility in this article – Elon Musk, who is arranging to acquire Twitter or says he is but now claims the deal is on maintain. What is heading on?

GURA: Well, this early morning he tweeted that the offer is on pause since he needs to make sure spam and phony accounts make up less than 5{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of Twitter’s customers. That’s what Twitter promises. And the explanation this issues is bogus accounts are not heading to carry in promoting pounds. And that is Twitter’s primary source of profits. This could also be a way for Musk to get out of the offer or at the very least assume 2 times about it.

He’s pledged a considerable quantity of his personalized fortune to be capable to make the deal. And Twitter’s a enterprise that has struggled to make a earnings. Of program, Elon Musk is known to be unpredictable and vulnerable to shifting his brain about items, Steve. In a subsequent statement – a subsequent tweet – he states he is continue to committed to the acquisition.

INSKEEP: I know that NPR’s David Gura will be telling us about the up coming twist and turn. David, thanks so much.

GURA: You received it.

(SOUNDBITE OF Songs)

Copyright © 2022 NPR. All legal rights reserved. Stop by our web site terms of use and permissions pages at www.npr.org for additional facts.

NPR transcripts are produced on a hurry deadline by an NPR contractor. This textual content may not be in its final sort and may be current or revised in the potential. Precision and availability may perhaps range. The authoritative file of NPR’s programming is the audio report.

Posted on May 15, 2022
BREAKING: Centre extends wheat procurement season till May 31, says Piyush Goyal

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May 15, 2022 09:43 PM IST

Five killed in Bihar as car falls into deep gorge

Five youths were killed here on Sunday when their car skidded off the road and fell into a deep gorge, a police official said.

According to Aurangabad Deputy SP Gautam Sharan Omi, the deceased, all in the age group of 18-19 years, were residents of Chhatarpur in adjoining Jharkhand. They were returning home after attending a wedding in Nabinagar block of Aurangabad. Two other occupants of the car have survived and were undergoing treatment at a hospital for injuries, said the official.

May 15, 2022 09:03 PM IST

Aam Aadmi Party forays into Kerala, announces alliance with Twenty20 party

Delhi Chief Minister and Aam Aadmi Party’s National Convenor Arvind Kejriwal on Sunday announced ‘People’s Welfare Alliance’, which is an alliance of AAP with Kerala’s Twenty20 party, ahead of Thrikkakkara assembly byelection. Read more

May 15, 2022 08:24 PM IST

India registers protest over ‘brutal killing’ of Sikh traders in Pak

India on Sunday called upon Pakistan to take strict action against those responsible for the brutal killing of Sikh traders in the Khyber Pakhtunkhwa province, news agency ANI reported.

Two Sikh shopkeepers were gunned down by unidentified assailants in the Bata Tal bazaar in Peshawar. Media reports said the assailants escaped after the target killing.

May 15, 2022 07:57 PM IST

Assam floods: 3 people dead due to landslides, reports ANI

Around 25,000 people across six districts of Assam have been affected by the first wave of floods in the state this year. Three people including a woman died in landslide incidents in Haflong area in Dima Hasao district on Saturday.

Assam State Disaster Management Authority today afternoon informed that “Till now, a total of 24,681 people of 94 villages in six districts – Cachar, Dhemaji, Hojai, Karbi Anglong West, Nagaon and Kamrup (Metro) have been affected due to floods.”

May 15, 2022 06:42 PM IST

Mercury crosses 49 degreed in Delhi

The maximum temperature recorded in Delhi’s Mungeshpur today is 49.2 degree Celsius.

May 15, 2022 05:59 PM IST

Cargo boat sinks off Ballard Pier in Mumbai, three rescued

A cargo boat sank into the Arabian sea off Ballard Pier in south Mumbai, and three persons on board were rescued soon after they jumped off when it started sinking, a police official said on Sunday as per news agency PTI.

May 15, 2022 05:19 PM IST

Anti-encroachment drives: Delhi CM to chair meet with AAP MLAs tomorrow

Delhi Chief Minister Arvind Kejriwal will chair a meeting with all the MLAs of Aam Aadmi Party on the ongoing anti-encroachment drives in Delhi at 11am tomorrow, May 16th.

May 15, 2022 05:02 PM IST

Centre extends wheat procurement season till May 31, says Piyush Goyal

“To ensure that no wheat farmer faces inconvenience, Modi Sarkar extends wheat procurement season till 31 May 2022. We are committed to ensuring farm prosperity,” Piyush Goyal tweeted.

May 15, 2022 04:40 PM IST

Sonia Gandhi speaks at Chintan Shivir

Congress president to set up advisory group from among Congress Working Committee members to deliberate on political challenges.

May 15, 2022 04:30 PM IST

Sonia Gandhi speaks at Chintan Shivir

At Chintan Shivir, Sonia Gandhi says Congress will launch a ‘National Kanyakumari to Kashmir Bharat Jodo Yatra’ on Gandhi Jayanti this year.

May 15, 2022 03:54 PM IST

BJP destroying the future of Indian youth: Rahul Gandhi

Rahul Gandhi, during the ongoing Chintan Shivir in Udaipur, targeted the Bharatiya Janata Party on issues of unemployment and inflation; and accused the party of “destroying the future” of Indian youth.

“The government has destroyed the future of the youth of India. Unemployment on the one hand, inflation on the other, there has been a war in Ukraine, it will have an impact on inflation in the coming times,” the Congress leader said.

May 15, 2022 03:27 PM IST

PM Modi congratulates shuttlers on Thomas Cup win

Prime Minister Narendra Modi took to Twitter to congratulate Indian ace shuttlers on their Thomas Cup victory and wrote, “The Indian badminton team has scripted history! The entire nation is elated by India winning the Thomas Cup! Congratulations to our accomplished team and best wishes to them for their future endeavours. This win will motivate so many upcoming sportspersons.”

Lakshya Sen, Kidambi Srikanth and the doubles pair of Satwiksairaj Rankireddy and Chirag Shetty created history as the Indian men’s badminton team defeated Indonesia 3-0 to win their first-ever Thomas Cup gold.

Read more

May 15, 2022 03:24 PM IST

Congress leader Rahul Gandhi speaks at Chintan Shivir in Udaipur

Congress leader Rahul Gandhi, speaking at Chintan Shivir in Udaipur, said: “Which other political party in this country would allow this type of conversation? Certainly, the BJP, and RSS would never allow such a thing. India is a union of states, people of India come together to form the union.”

May 15, 2022 03:20 PM IST

Mundka fire incident: Roles of civic agencies will be probed, says DCP

DCP (Outer) Sameer Sharma said roles of civic agencies will be probed. “We’ll write to them to get necessary details in connection with the building. Responsibility will be fixed,” he said.

A four storey building housing an assembling unit caught fire in Mundka claiming 27 lives on Friday.

May 15, 2022 02:28 PM IST

Kerala: Water-logging in several parts, IMD sounds orange alert

The Indian Metrological Department (IMD) has issued a warning of heavy rainfall in the state of Kerala for the next five days due to strong westerly winds in the Arabian Sea. An orange alert has been issued by IMD in six districts of the state.

May 15, 2022 01:54 PM IST

Two members of the Sikh community shot dead in Pakistan

Two people belonging to the Sikh community were shot dead by unidentified gunmen in the Sarband area in Pakistan on Sunday.

May 15, 2022 01:46 PM IST

PM Modi congratulates Manik Saha for swearing-in as 11th CM of Tripura

Prime Minister Narendra Modi congratulates Manik Saha for swearing-in as 11th CM of Tripura. “Congratulations to Shri @DrManikSaha2 on taking oath as Tripura’s CM. Best wishes to him for a fruitful tenure. I am confident he will add vigour to the development journey of Tripura which began in 2018,” PM Modi wrote on Twitter.

May 15, 2022 01:37 PM IST

South Korea to hold dialogue with North Korea over Covid-19 support: Reports

Reports suggest South Korea to hold dialogue with North Korea over Covid-19 support.

May 15, 2022 12:12 PM IST

Kashi Vishwanath Temple-Gyanvapi Mosque complex completed for 2nd day

Survey of Kashi Vishwanath Temple-Gyanvapi Mosque complex completed for the second day.

May 15, 2022 11:40 AM IST

Manik Saha takes oath as 11th chief minister of Tripura

Manik Saha on Sunday took oath as 11th chief minister of Tripura.

May 15, 2022 11:28 AM IST

Sri Lanka Sri Lanka lifts curfew for Buddhist festival

Sri Lankan authorities lifted a nationwide curfew Sunday for an important Buddhist festival.

May 15, 2022 10:56 AM IST

Delhi Mundka fire: Manish Lakra, owner of building, arrested by police

Delhi Mundka fire: Police arrests owner of building – Manish Lakra.

May 15, 2022 10:29 AM IST

Delhi police to arrest Rajasthan Minister Mahesh Joshi’s son

A team of Delhi Police conducted a raid at Rajasthan Minister Mahesh Joshi’s house in Jaipur to arrest his son Rohit Joshi but he was found to be absconding. Delhi Police has filed an FIR against Rohit after a 23-year-old woman alleged that he raped her.

May 15, 2022 10:19 AM IST

Incessant rains, landslides hit Assam

Landslides reported so far from 12 villages in Dima Hasao district. Around 80 houses are severely affected, 3 people dead in Haflong area: Assam State Disaster Management Authority (ANI)

May 15, 2022 09:45 AM IST

Sri Lanka: New PM appoints Ruwan Wijewardena to protect Gota Go Gama

Newly-appointed Prime Minister of Sri Lanka, Ranil Wickremesinghe has said that he has entrusted the Sri Lankan State Minister of Defense and Deputy Leader of the UNP, Ruwan Wijewardena with the responsibility to give protection to the protest site at Galle Face area.

May 15, 2022 09:02 AM IST

Punjab cops seek more security for Kejriwal

The police in Punjab have written to the Delhi Police about an increased threat to chief minister Arvind Kejriwal from Khalistani elements, proposing to provide additional security cover to the Aam Aadmi Party convener. Read more

May 15, 2022 08:37 AM IST

India sees drop in daily Covid-19 tally with 2,487 case

India records 2,487 Covid-19 cases, 13 deaths in 24 hours.

May 15, 2022 08:18 AM IST

Manik Saha to take oath as Tripura CM today

Manik Saha will take oath as the eleventh chief minister of Tripura on Sunday at the Raj Bhawan in Agartala. A report by news agency ANI said that the swearing-in ceremony of the council of ministers will take place at 11:30 am.

May 15, 2022 07:35 AM IST

Protests against Kashmiri Pandit staffer’s killing intensify in J&K

Protests escalated in Kashmir against the Thursday’s killing of a government employee belonging to the migrant Kashmiri Pandit community by militants. Read more

May 15, 2022 06:45 AM IST

North Korea confirms 15 more deaths amid Covid outbreak

North Korea has confirmed 15 more deaths and hundreds of thousands of additional patients with flu-like symptoms amid the country’s first Covid outbreak.

May 15, 2022 06:33 AM IST

IGL price hike in Delhi: CNG to cost ₹71.61/kg, piped cooking gas ₹45.86

Prices of CNG in the national capital on Thursday were hiked by ₹2.50 per kg and that of piped cooking gas by ₹4.25 per unit to record levels on the back of surge in raw material cost. Read more

May 15, 2022 05:43 AM IST

Former test cricketer Andrew Symonds dies in auto accident

Former Australian test cricketer Andrew Symonds has died after a single-vehicle auto accident near Townsville in northeast Australia.

May 15, 2022 05:42 AM IST

10 dead, suspect arrested in mass shooting at supermarket in New York

A gunman wearing military gear and livestreaming with a helmet camera opened fire with a rifle at a Buffalo, New York, supermarket, killing 10 people.

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Fortified rice leading to side effects among Adivasis: Experts

Anaemia among children under five years has only worsened, with prevalence of nearly 67.1{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} compared to 58.6{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} according to NFHS’s fourth round, while 57{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of women of reproductive age are anaemic.

Iron-fortified rice distribution has shown adverse health impact among Adivasi populations suffering from sickle-cell anaemia and thalassemia, the fact-finding team found after visiting a tribal belt in Jharkhand, where fortified rice is being given in a pilot project. (HT PHOTO.)

Published on May 15, 2022 09:41 PM IST

4 cops injured in clashes in Bengal’s Murshidabad district

When the police team rushed to the spot they were attacked with bricks and sticks. A police vehicle was damaged and four policemen sustained injuries.

Four policemen were injured when some miscreants allegedly hurled bombs at a religious procession and attacked police personnel in West Bengal’s Murshidabad district on Sunday morning. (Image used for representation). (HT FILE PHOTO.)

Published on May 15, 2022 09:17 PM IST

Aam Aadmi Party forays into Kerala, announces alliance with Twenty20 party

Addressing a public gathering of Twenty20 Party and AAP Kerala volunteers in Kochi today, the Delhi Chief Minister said, “Now, there will be four political alliances in Kerala–LDF, UDF, NDA and the name of our alliance will be People’s Welfare Alliance.”

Arvind Kejriwal addressed the gathering in the presence of Twenty20 Party head Sabu Jacob.(ANI)

Published on May 15, 2022 08:57 PM IST

On allegations that cops attacked Adhikari’s office, Dhankhar seeks report from govt

The police have denied the allegations saying that officers went to the Bharatiya Janata Party (BJP) MLA’s office after receiving inputs that an accused, whose husband was close to Adhikari, had taken shelter in the office. The entire episode was videographed.

West Bengal Governor Jagdeep Dhankhar has sought a report from the state’s chief secretary after Suvendu Adhikari, Leader of the Opposition in the West Bengal assembly, alleged that the police had attacked his Nandigram office on Sunday. (PTI PHOTO.)

Published on May 15, 2022 08:47 PM IST

Here are the hottest cities in India right now. Is yours in the list?

India suffered its hottest March in more than 100 years; and April saw many places recording unusually high temperatures in excess of 45 degrees Celsius on most days.

A heatwave is declared when the maximum temperature hits 45 degrees Celsius or is above 40 degrees Celsius in summer with a variation of five degrees or more above the normal temperatures.(File photo)

Published on May 15, 2022 08:37 PM IST

Written by Ishika Yadav | Edited by Aryan Prakash

India asks Pakistan to punish those behind killing of 2 Sikh businessmen

External Affairs Ministry spokesperson Arindam Bagchi said India has registered its strong protest with Pakistan on the continued “targeting” of members of the minority community in that country.

Ministry of external affairs (MEA) spokesperson Arindam Bagchi.

Updated on May 15, 2022 09:17 PM IST

Rail, road connectivity to Assam’s Barak Valley snaps due to rain, landslides

District officials informed that all national and state highways in the district have been affected due to rain and landslides and there’s no electricity and internet connectivity in many areas. Bodies of three people killed in landslides on Saturday were recovered on Sunday.

Stranded train passengers being helped so that they can cross a damaged railway bridge on foot at Ditokcherra in Assam. (Northeast Frontier Railway.)

Published on May 15, 2022 08:06 PM IST

Centre extends wheat procurement, relaxes quality norms

The decision to extend procurement follows requests by state governments to keep the procurement process running. Moreover, many farmers had not sold their produce yet in anticipation of higher prices, amid a global shortage.

The Centre has allowed FCI to procure wheat in Punjab and Haryana for federal stocks by relaxing grain-quality norms, known as fair and average quality. (HT PHOTO.)

Published on May 15, 2022 07:30 PM IST

Magisterial probe into Mundka fire to be completed within 6 weeks

Delhi chief minister Arvind Kejriwal, who visited the site on Saturday, announced that a magisterial inquiry will be ordered and compensation of ₹10 lakh will be given to the families of the victims while the injured will be given ₹50,000.

National Disaster Response Force (NDRF) personnel clear the charred debris from a burnt floor a day after a fire broke out in a commercial building at Mundka, New Delhi. (HT PHOTO.)

Published on May 15, 2022 06:40 PM IST

Who was Devasahayam Pillai — 1st Indian layman to be declared saint by Pope?

Devasahayam was born on April 23, 1712, as Neelakanta Pillai into a Hindu upper-caste family, at Nattalam in Kanyakumari district, which was part of the erstwhile Travancore kingdom.

A miracle attributed to Devasahayam Pillai was recognised by Pope Francis in 2014, clearing the path to his canonisation in 2022.(Twitter via @frleoncruz)

Published on May 15, 2022 06:25 PM IST

Rajasthan minister’s son accused in rape case summoned by Delhi Police

A 23-year-old woman lodged an FIR in Delhi against Rajasthan minister Dr Mahesh Joshi’s son Rohit Joshi accusing him of raping her multiple times.

A Delhi police team visited the under-construction residence of the Rajasthan minister’s son in Jaipur and pasted a notice on the wall.

Updated on May 15, 2022 06:23 PM IST

Bengali television actress found dead in Kolkata flat, kin suspect murder

She was a popular face in Bengali television serials. She used to live in a rented apartment with her friend. They had rented the flat a few days ago. On Saturday, she and her friend had posted a video on social media.

Bengali television serial actress, Pallabi Dey, was found dead in her flat in south Kolkata on Sunday morning. (HT FILE PHOTO.)

Updated on May 15, 2022 06:14 PM IST

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