A bond sell-off driven by investor fears over inflation and rising government debt has rattled markets and threatened to raise borrowing costs for everyday Americans looking to purchase a home or car. The yield on the 30-year Treasury reached 5.3% earlier this week, its highest level since 2007, while the 10-year Treasury yield, which influences…
The Narendra Modi-led government has often declared proudly that its ministers do not resign under public pressure, unlike those from previous governments. However, that hubris was shattered on July 25 when Dharmendra Pradhan, India’s education minister, was forced to resign following widespread youth anger and resistance galvanised by the successful protest in New Delhi led…
As monsoon showers continued to hit parts of the country, the National Disaster Management Authority (NDMA) on Sunday reported seven more casualties in Punjab and three in Khyber Pakhtunkhwa, taking the countrywide death toll since June 26 to above 100. According to an NDMA daily situation report covering 24 hours up till 1pm, Punjab’s Gujrat…
