Senior executives from multilateral development banks are set to meet with credit ratings agencies to discuss how to value callable capital in their capital adequacy frameworks. The World Bank’s lending capacity could increase by $900 billion if the ratings agencies modified their processes. The banks aim to preserve their AAA credit ratings to continue...
Read MoreA recent study on the funerary practices of early humans during the Magdalenian period in Europe suggests that cannibalism may have been a deliberate cultural practice rather than driven by survival instincts. The study examined 59 sites across Europe, with 13 showing clear evidence of cannibalism and two displaying both burials and cannibalism.
Read MoreKarnataka Deputy Chief Minister DK Shivakumar has announced that the buffer zone along Kumudvathi and Arkavathi rivers in Bengaluru will be reduced in accordance with previous decisions. An environment policy research institute had opposed this, fearing it would hinder river rejuvenation efforts. Currently, the buffer zone extends 1km on either side of the rivers....
Read MoreThe mystery surrounding the “stolen” BMTC bus shelter on Cunningham Road in Bengaluru has been solved. It turns out that the Bruhat Bengaluru Mahanagara Palike (BBMP) had removed the structure due to safety concerns and kept it at a stockyard. The police commissioner expressed confusion as to why a theft complaint was filed when...
Read MoreFour burglars from Rajasthan have been arrested in connection with a burglary at a Jain temple in Bengaluru. The police recovered 14kg of silver ornaments worth Rs 9.7 lakh from them. Two more suspects are still at large. The gang had hidden the stolen ornaments in a forest area. The miscreants had switched off...
Read MoreA critically ill woman from Bengaluru was successfully airlifted from Tel Aviv, Israel, just before rockets fired by Hamas hit the city. The air ambulance, operated by ICATT, landed safely at Kempegowda International Airport in Bengaluru, and the patient was quickly transferred to a hospital for treatment. The details about the woman’s health condition...
Read MoreThe high court in Bengaluru has granted conditional relief to Dr Cyriac Abby Philips, also known as Liver Doctor, allowing him to continue operating his social media handle. This decision comes after a city civil court ordered X Corp (formerly Twitter) to suspend/block Dr Philips’ account due to derogatory posts about Himalaya Wellness Company...
Read MoreArchaeologists from the University of Vienna have made a significant discovery in Queen Meret-Neith’s tomb in Abydos, Egypt. The excavation revealed hundreds of well-preserved wine jars, some still sealed, along with other grave goods. Inscriptions on the jars suggest that Queen Meret-Neith held prominent roles in government offices. This finding supports the hypothesis that...
Read MoreA traffic police head constable in Bengaluru was allegedly manhandled by a group of nine people after he stopped a truck from entering the city during peak hours. The constable had explained to the driver that heavy goods vehicles were banned during certain hours, but the owner of the truck argued with him. The...
Read More