The recent depreciation of the rupee along with sharp fall in the country's foreign exchange (FX) reserves has sparked a debate whether stability of the exchange rate is necessary and desirable. The rupee was one of the least volatile currencies among peers for almost two years before the current downward pressure started in September after the US Federal Reserve lowered interest rate.
Ambani and Adani account for a fifth of the net worth of all billionaire promoters in the country and half the combined net worth of the top 10.
Dr Jaishankar is expected to discuss the dates for the fifth Quad leaders' summit in India later this year.
Among urban users, 57 per cent mentioned a preference for accessing Internet content in vernacular languages.
The share of rent in consumption expenditure has risen to 6.58%, according to the Household Consumption Expenditure Survey 2023-2024. This is the highest it has been in surveys going back to the turn of the millennium.
Infosys has launched a new array of AI-powered innovations and platforms for the 2025 Australian Open.
'The shifts in US involvement in global conflicts and geopolitical alliances could introduce uncertainties.'
'Many were caught in a burnout race, chasing unsustainable growth without innovating.'
'...I'll say this to my fellow Americans, the more ties that we have to more Indians and the more ways we can find to grow our economic and educational exchanges, the stronger America and India.'
'Growth, liquidity and deposit mobilisation are likely to be discussed during the interaction.'
From dubbing voices to putting faces with the help of AI, political campaigns are undergoing a Bollywood makeover. Among the favourites is a scene from the Anil Kapoor-starrer Nayak, posted by the BJP, where Kapoor asks about the Chunaavi Vaade (poll promise), with Arvind Kejriwal at the receiving end instead of Amrish Puri.
The new Vande Bharat Express train is specially designed to operate seamlessly in Jammu & Kashmir's challenging winter conditions for the upcoming Katra-Srinagar rail route.
While Angel One and Unifi Capital have obtained the final licence, Jio BlackRock, Capitalmind, Choice International and Cosmea Financial Holdings have received in-principle approvals.
Dr Singh's eldest daughter Professor Upinder Singh gently reminded the gathering that this was a moment for prayer, not accolades.
The average age is 56, making the Lower House the oldest in India's parliamentary history and a year older than the previous Lok Sabha.
'We may see this momentum going into 2025 and may keep up with the demand, given the strong pipeline.'
Maruti Suzuki, Tata Motors, Mahindra & Mahindra, Hyundai and MG Motors are gearing up to introduce EVs in India.
'He will be remembered more for what he did as finance minister -- as someone who functioned well when the political fallout was taken care of.'
Commercial banks in India reported a sixth consecutive year of rise in their net profits in 2023-24 while bad loans continued to fall, according to the Reserve Bank of India's (RBI's) annual publication "Trends and Progress of Banking in India", released on Thursday. "Banks' profitability rose for the sixth consecutive year in 2023-24 and continued to rise in H1:2024-25 with the return on assets (RoA) at 1.4 per cent and return on equity (RoE) at 14.6 per cent," the report said.
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