The Press Editor

8995 Posts
Govt clears Rs 5,000 crore emergency credit scheme for airlines amid jet fuel price surge
06
May
By The Press Editor
0 Comments
Business

Govt clears Rs 5,000 crore emergency credit scheme for airlines amid jet fuel price surge

New Delhi: In view of the West Asia situation, the government has announced a clearing of Rs 5,000 crore emergency credit line schemeย to airlines amid the jet fuel price surge, theย Ministry of Civil Aviation said in a statement on Wednesday.ย Notably, the Iran war has led to a sharp hike in operating costs along with a decrease in passenger numbers. ย The Union Cabinet, chaired by Prime Minister Narendra Modi, on Tuesday approved the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0, providing targeted financial relief to airlines grappling with a sharp increase in Aviation Turbine Fuel (ATF) prices and global disruptions.ย  ECLGS…
Read More
Is Nitish Kumar Reddy playing for SRH in IPL 2026 clash against PBKS in Hyderabad?
06
May
By The Press Editor
0 Comments
Sports

Is Nitish Kumar Reddy playing for SRH in IPL 2026 clash against PBKS in Hyderabad?

New Delhi: Nitish Kumar Reddy is back in action for Sunrisers Hyderabad in their IPL 2026 clash against the Punjab Kings at the Rajiv Gandhi International Stadium in Hyderabad on Wednesday, May 6. Nitish had missed out on featuring in SRH's previous game against the Kolkata Knight Riders due to illness, but returns as his team made oneย change for the PBKS fixture. PBKS captain Shreyas Iyer won the toss and opted to bowl first, stating that they will look to bounce back from their twin defeats. Shreyas confirmed that PBKS have made two changes with Shashank Singh and Lockie Ferguson…
Read More
Trump warns of ‘much higher level’ of bombing if Iran rejects deal amid peace talks
06
May
By The Press Editor
0 Comments
World

Trump warns of ‘much higher level’ of bombing if Iran rejects deal amid peace talks

Washington: US President Donald Trump on Wednesday (May 6) issued a stern warning to Iran, saying that if Tehran agrees to the proposed terms, tensions could ease and military operations would stop. However, he cautioned that if Iran does not agree to a deal to end the war, the bombing will resume at a "much higher level and intensity". Trump said it was "perhaps a big assumption" that Iran would agree to the terms being offered by the United States.ย  'Bombing much higher level and intensity than before' Trump posted on social media that the war with Iran could soon…
Read More
Sensex surges 940.73 points to settle at 77,958.52, Nifty above 24,300, Indigo among top gainers
06
May
By The Press Editor
0 Comments
Business

Sensex surges 940.73 points to settle at 77,958.52, Nifty above 24,300, Indigo among top gainers

Mumbai: Indian benchmark indices witnessed a strong rally on Wednesday. Riding on global cues, the market rebounded strongly, bringing investors a welcome boost. News of a possible peace agreement between the United States and Iran created a positive market sentiment, pushing the Sensex nearly 1,000 points higher and the Nifty crossing 24,300. At the end of trading, the Sensex gained 940,73 points to close at 77,958.53. The Nifty also jumped 298.15 points to reach near 24,330.95. The market witnessed widespread buying, with approximately 2,755 stocks advancing while 1,287 stocks declined. "The markets staged a strong rebound, with Nifty closing above…
Read More
India to continue ban on bilateral sports with Pakistan, multi-nation events exempted
06
May
By The Press Editor
0 Comments
Sports

India to continue ban on bilateral sports with Pakistan, multi-nation events exempted

New Delhi: The Sports Ministry of India has continued with its ban on playing bilateral sporting events with Pakistan, but has exempted the multi-nation events. The ministry also reiterated its commitment to simplify the visa process for sportspersons, team officials, technical personnel, and office-bearers of International Sports Governing Bodies, as India presents itself as a "preferred sporting destination". "In so far as bilateral sports events in each other's country are concerned, Indian teams will not be participating in competitions in Pakistan. Nor will we permit Pakistani teams to play in India," the ministry stated in a circular issued to all…
Read More
US and Iran nearing 14-point memorandum, launch 30-day negotiation window to end war: Reports
06
May
By The Press Editor
0 Comments
World

US and Iran nearing 14-point memorandum, launch 30-day negotiation window to end war: Reports

Washington: In a significant development, negotiations between Washington and Tehran are reportedly advancing towards a preliminary accord aimed at halting current hostilities and establishing a framework for expansive nuclear talks. As per an Axios report, which cited several American officials and sources acquainted with the dialogue, the progress is being viewed as the most significant development since the onset of the conflict, though a definitive resolution has not yet been secured. The reported framework consists of a "one-page, 14-point memorandum of understanding" designed to trigger an immediate ceasefire and launch a "30-day negotiation window" to hammer out a broader settlement.…
Read More
Sonakshi Sinhaโ€™s courtroom thriller โ€˜Systemโ€™ to release on May 22
06
May
By The Press Editor
0 Comments
Entertainment

Sonakshi Sinhaโ€™s courtroom thriller โ€˜Systemโ€™ to release on May 22

Sonakshi Sinhaโ€™s fans were in for a delightful surprise when Prime Video announced on Wednesday that her courtroom thriller "System" will premiere on May 22. ย  Jyotika and Ashutosh Gowariker have pivotal roles in the film that is directed by Ashwiny Iyer Tiwari. ย  "System" follows Neha Rajvansh (Sinha), a public prosecutor, and Sarika Rawat (Jyotika), a courtroom stenographer from a humble background, who join forces to uncover buried injustices, even if it means taking on the most powerful. ย  The film has been produced by Pammi Baweja, Harman Baweja, and Smitha Baliga, and written by Harman Baweja, Arun Sukumar,…
Read More
Big relief for homebuyers as UP RERA caps flat transfer fee at Rs 1,000 for legal heirs: Details
06
May
By The Press Editor
0 Comments
Business

Big relief for homebuyers as UP RERA caps flat transfer fee at Rs 1,000 for legal heirs: Details

Lucknow: In a major relief to homebuyers in Uttar Pradesh, the Uttar Pradesh Real Estate Regulatory Authority (UP RERA) (UP RERA) has fixed a maximum fee of Rs 1,000 for transfer of flats to legal heirs in case of death of the original allottee. UP RERA Chairman Sanjay Bhoosreddy said that developers or promoters will now be required to transfer the flat, by default, to the spouse, son, or daughter of the deceased allottee on payment of a nominal processing fee of Rs 1,000. According to Bhoosreddy, the authority had received several complaints regarding builders charging arbitrary fees. There were…
Read More
Hardik Pandya update: MI skipper’s latest move shadows doubt over his participation for RCB game in Raipur
06
May
By The Press Editor
0 Comments
Sports

Hardik Pandya update: MI skipper’s latest move shadows doubt over his participation for RCB game in Raipur

New Delhi: Hardik Pandya might miss out on playing the Mumbai Indians' next Indian Premier League 2026 match against the Royal Challengers Bengaluru on May 10 in Raipur as the team skipper has not travelled with the team for their fixture, Cricbuzz reported. Hardik was out of MI's previous game against the Lucknow Super Giants due to what was officially conveyed as "back spasm" by the MI management. Suryakumar Yadav stood for him and helped MI win their only third game of the season to keep their campaign just about alive.ย  Surya might be captaining in the next game too…
Read More
China asks Iran to reopen Strait of Hormuz ‘as soon as possible’ as Beijing faces energy strain
06
May
By The Press Editor
0 Comments
World

China asks Iran to reopen Strait of Hormuz ‘as soon as possible’ as Beijing faces energy strain

Beijing: China on Wednesday asked Iran to quickly reopen the Strait of Hormuz, describing the restoration of normal maritime movement as a pressing concern for the global community. During talks in Beijing, Chinese Foreign Minister Wang Yi told his Iranian counterpart Abbas Araghchi that the world was expecting quick action to stabilise the key waterway.ย In a significant message to Tehran, Wang praised Iran for its stance on not developing nuclear weapons. His remarks come at a time when Washington has been pushing Iran to surrender enriched uranium stockpiles and commit to a 20-year halt to nuclear weapon development. Wang said…
Read More