The Reserve Bank of India (RBI) is in no rush to launch the central bank digital currency (CBDC) nationwide, as its most promising use case - cross-border payments - depends on other countries rolling out their own CBDCs simultaneously for the system to work effectively. That said, the CBDC pilot is progressing well, with the user base in India expanding to about seven million, said RBI Deputy Governor T Rabi Sankar.
Spin great Anil Kumble said the Indian bowlers could have done more to maintain pressure on the West Indian batters on Day 4 of the second Test.
Jadeja said he doesn't think too much about records but is always conscious of performing strongly with both bat and ball to justify his role in the team.
'It takes time and the experience of a few market cycles to develop awareness about one's true risk appetite.'
While the economy will wait for a rate cut in December, the banking industry should be happy with the wave of liberalisation -- a big push for growth in bank credit, points out Tamal Bandyopadhyay.
'What do you think... those working in the film industry are illiterate people? Why don't you go and work with Bimal Roy?'
Shami's five wickets on final day sets up fine win for Bengal over Gujarat in Ranji Trophy
Prime Minister Narendra Modi launched his Bihar assembly poll campaign, asserting that the NDA under Chief Minister Nitish Kumar will break all previous electoral records. He criticized the INDIA bloc and highlighted the NDA's cohesiveness and development efforts in Bihar.
India captain Harmanpreet Kaur described her team's narrow four-run defeat to England as 'heartbreaking'
Rising Indian shuttler Anmol Kharb's impressive run at the Arctic Open Super 500 badminton tournament ended with a straight-game loss to three-time world champion Akane Yamaguchi in Vantaa, Finland, on Saturday.
Priti Kinnar, a transgender social worker, is set to contest the Bihar assembly elections from Bhorey seat on a Jan Suraaj ticket, challenging the incumbent Education Minister. Her entry into politics has sparked mixed reactions, with some seeing it as a potential boost for the transgender community and others questioning its impact on the election outcome.
New investors should not allow themselves to fall prey to FOMO and rush headlong into gold.
Dr Sonali Ghosh, the first woman to head the Kaziranga National Park and the first Indian to win the IUCN's Kenton Miller Award, has turned her childhood love for nature into an inspiring career in wildlife protection and leadership.
Use these loans to meet emergency needs, and not to fund holidays or luxury purchases.
The initial public offering of non-banking financial company Tata Capital Ltd got fully subscribed on the final day of bidding on Wednesday. The company's Rs 15,512 crore share sale received bids for 45,84,78,044 shares against 33,34,36,996 shares on offer, translating into 1.38 times subscription, according to NSE data till 13:36 hours.
The high-value Rs 2000 notes worth Rs 5,884 crore are still in circulation, according to official data released on Wednesday.
S&P Global Ratings on Thursday said the hostilities between India and Pakistan heighten risks to the credit metrics of both countries, and any escalation in clashes would put downward pressure on sovereign credit support.
Prime Minister Narendra Modi on Monday said the exceptional coordination among the three armed forces -- fear instilled by the Navy, extraordinary skills of the Air Force and bravery of the Army -- forced Pakistan to its knees during Operation Sindoor in no time.
New lower GST rates kicked in from Monday, resulting in a slashing of prices of as many as 375 items ranging from toothpaste and shampoo to cars and television sets, a move seen as an attempt to boost consumption to cushion an economy facing tariff headwinds. Tax rates of 5, 12, 18, and 28 per cent have been clubbed into two rates of 5 per cent and 18 per cent, resulting in a reduced price of 99 per cent of daily use items.
'The pace of gold's ascent is striking, with prices rising from $3,500/oz to $4,000/oz in just 36 days -- far quicker than the historical average of 1,036 days taken to achieve similar $500/oz gains.'
Earlier, such entities were only permitted to invest their rupee surplus balance in accounts in central government securities, including treasury bills. "It has now been decided to also permit investment of these balances in non-convertible debentures/bonds and commercial papers issued by an Indian company," the RBI said.
Suryakumar also gave due credit to Rohit Sharma for teaching him the tricks of the leadership trade.
Manchester United manager Ruben Amorim would have enjoyed some relative calm during the international break after backing from club co-owner Jim Ratcliffe but will find himself in the Premier League maelstrom once again at Liverpool on Sunday.
Despite sharp interest rate cuts expected in this financial year amid easy liquidity conditions, state-run banks are treading cautiously on their loan growth projections for FY26. Most large banks are projecting loan growth at 11-13 per cent, almost similar to the previous financial year.
Varun Chakravarthy said head coach Gautam Gambhir has instilled in the Indian team a mentality that leaves no room for mediocrity and where losing is not an option.
'They are positioned as defensive products and can potentially give marginally higher returns than liquid funds.'
Prime Minister Benjamin Netanyahu on Monday nominated United States President Donald Trump for the Israel Prize, the country's highest civilian honour, hailing him as 'the greatest friend that Israel has ever had in the White House'.
Two 'very smart' leaders of India and Pakistan decided to end last month's conflict that could have turned into a nuclear war, United States President Donald Trump said after holding a rare luncheon meeting with Pakistan army chief Field Marshal Asim Munir at the White House.
A court in Antwerp on Friday cleared the extradition of fugitive diamantaire Mehul Choksi, noting that his arrest by the Belgian authorities on India's request was valid, officials in the know of the development said.
Murders disguised as accidents. In one horrifying case, a man insured his father, mother, and wife -- then allegedly killed them all. He claimed Rs 54 crore in insurance.
The White House has criticized the Nobel Peace Prize Committee for allegedly overlooking President Donald Trump's contributions to global peace, citing his efforts in brokering deals and resolving conflicts.
'Kasparov was lucky to clinch the first game as disaster struck Anand at a close-to-winning position when the Indian ran out of time after "forgetting" to keep an eye on the clock.'
Lower rates effectively increase disposable income, strengthen purchasing capacity, and support broader consumption growth.
The development comes as relations between the two countries showed marked improvement following the four-day military conflict between Pakistan and India in May.
A string of welfare schemes and promises tests the state's budget, which is already heavily dependent on central support and spends little as capital outlay.
Retail inflation slipped to 1.54 per cent in September from 2.07 per cent in the preceding month mainly due to subdued prices of food items, including vegetables and pulses, according to government data released on Monday. The consumer price index (CPI) based inflation was 5.49 per cent in September 2024.
'Shah Rukh takes any attack on his friends personally.'
'We cannot deny that Pakistan also played brilliantly.'
'Look after your own mother before looking after your neighbour's mother.' 'I don't believe in starving my own mother and feeding sweets to the neighbours.'
Bhutia calls for systemic overhaul, urges India to follow Asian football models
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