Business Standard

LIVE: Mortal remains of Mulayam Singh Yadav consigned to flames in Saifai

A large sea of people chant 'Netaji amar rahein' as a vehicle carriedthe mortal remains of Samajwadi Party supremo

Image BS Web Team New Delhi
Mulayam funeral, Mulayam singh demise

Photo: ANI

6:40 AM

Delhi rainfall so far in Oct second highest in 16 yrs: IMD data

Delhi has recorded 121.7 mm of rainfall in October so far, the second highest in the month since 2007, according to India Meteorological Department data.
The city recorded 25.3 mm rainfall on Saturday, 74.3 mm on Sunday and 21.8 mm on Monday.
The rainfall so far this month is around four times the normal rainfall of 28 mm and three times the precipitation recorded (41.6 mm) in August, which is the wettest month of the monsoon season.
The national capital received a record 122.5 mm of rainfall in October last year.
The city did not receive any rain in October 2020, 2018 and 2017 and logged 47.3 mm of rainfall in October 2019.
 
6:39 AM

Kharge promises 'collective decisions' if he becomes Congress president

Congress leader Mallikarjun Kharge, who is the key contestant for the post of the party President, on Monday promised that he will give more stress on "collective decisions" in the party if he is elected for that chair. "This is an internal election. Any decision will be taken through internal and mutual discussions. Not 'me' but 'we' will together take the decisions," Kharge said. He also promised a 50 per cent reservation in the party portfolios for women, scheduled castes, scheduled tribes and other backward classes. 
6:39 AM

JPMorgan CEO Jamie Dimon warns of global recession in 6-9 months

JPMorgan Chase & Co Chief Executive Jamie Dimon in an interview said the United States and the global economy could tip into a recession by the middle of the next year. Runaway inflation, big interest rate hikes, the Russian invasion of Ukraine, and the unknown effects of the Federal Reserve's quantitative easing policy are among the indicators of a potential recession, he said. "These are very, very serious things which I think are likely to push the U.S. and the world, I mean, Europe is already in recession, and they're likely to put the U.S. in some kind of recession six to nine months from now," Dimon said.
 

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First Published: Oct 11 2022 | 6:57 AM IST