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Finance Minister says Middle East conflict raises fuel price concerns

October 13, 2023
Finance

MARRAKECH, Morocco, Oct 13 (Reuters) – Many emerging market countries are concerned about the impact on fuel price due to the recent crisis in the Middle East, India’s Finance Minister said on Friday, detailing the discussions held by G20 finance leaders in Marrakech. Referring to the Israel-Hamas conflict, Minister Nirmala Sitharaman said, “The recent crisis in the Middle East, and concerns about fuel back again, are worries which many countries do hold and they have expressed as well.” The G20 finance leaders are meeting on the sidelines of the International Monetary Fund and World Bank annual meeting in Marrakech. India

India’s foreign exchange reserves drop for 5th week; fall to over 5-month low

October 13, 2023
Finance

MUMBAI, Oct 13 (Reuters) – India’s foreign exchange reserves declined for a fifth straight week and stood at $584.74 billion as of Oct. 6, the lowest in more than five months, data from the Reserve Bank of India (RBI) showed on Friday. That was a decrease of $2.17 billion from the previous week. Reserves had fallen by a total of nearly $12 billion in the prior four weeks. The central bank intervenes in the spot and forwards markets to prevent runaway moves in the rupee. The RBI’s stranglehold on the rupee via its persistent forex market intervention has kept volatility

Male infertility is increasing worldwide, experts makes recommendations to tackle problem

October 13, 2023
Health

New Delhi, Oct 13 (PTI) Experts worldwide are calling on governments and health systems to acknowledge that male infertility may be increasing worldwide. They have provided a first-time roadmap for urgent, global action to address the common yet serious medical condition in a consensus report that includes recommendations and is published in the journal Nature Reviews Urology. The team of scientists compiling the report was led by the University of Melbourne, Australia. The report highlights that patients have a right to meaningful diagnoses and targeted treatments, but owing to inadequate funding, research gaps, and non-standard clinical practices, they are currently

Haryana IAS officer held for taking bribe sent to 1-day police remand

October 13, 2023
Corruption

Panchkula, Oct 13, 2023: Haryana IAS officer Jaibir Singh Arya, Managing Director (MD) of the Haryana State Warehousing Corporation (HSWC),was sent to one-day police remand in a case of alleged criminal conspiracy, extortion and accepting a bribe of Rs 3 lakh for a posting. A complaint was received that Arya had demanded a bribe of Rs 3 lakh from the complainant for posting 0f his wife Rinku, working as Assistant Manager, Quality Control, HSWC who was on childcare leave from April 4 to September 30. The ACB arrested Singh on Wednesday after a middleman allegedly accepted the bribe on his

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