The FCNR (B) stratagem relies on using public money to defend the rupee. The State subsidises foreign borrowing to attract dollars. This tool requires large-scale borrowing to make a material difference against a gross external flow of $11 billion a day. A commensurately large fiscal cost falls upon the exchequer. The ministry of finance will choose how much it is willing to spend in exchange for this round number, points out Ajay Shah.
Additional District and Sessions Judge Ravi Kumar Diwakar of Muzaffarnagar has declared he would prefer death over being a "coward judge," delivering his 23rd capital punishment in four months, this time in a dowry death case. He asserted he would not succumb to pressure from mafias and criminals, despite receiving threats and having numerous cases transferred from his court.
Ahead of President Vladimir Putin's visit to India for the BRICS summit, Russia has expressed support for New Delhi's peace initiatives to resolve the Ukraine conflict. Discussions between Putin and PM Modi will cover defence, energy, technology, and the repatriation of Indian nationals from the Russian military, alongside addressing trade and investment ties.
Quota activist Manoj Jarange has accused Maharashtra Chief Minister Devendra Fadnavis and cabinet colleague Radhakrishna Vikhe Patil of deceiving the Maratha community on the reservation issue, even as he accepted IV fluids on the 11th day of his indefinite hunger strike due to deteriorating health.
A Congress MLA in Madhya Pradesh has sparked a major controversy by alleging that staff at Rewa's Sanjay Gandhi Memorial Hospital mortuary sexually abused the corpses of "beautiful" women and extorted money for post-mortems. The hospital administration has vehemently denied these claims as baseless, while the MLA insists an investigation will reveal the truth, citing a past incident where employees were sacked for irregularities.
The Delhi High Court has sought WFI's response on Vinesh Phogat's plea to participate in the September 14 selection trials for the 2026 World Championship.
The Indian Olympic Association (IOA) has approved significant constitutional changes to align with the National Sports Governance Act (NSGA), allowing for longer tenures for office-bearers and revising age limits. These amendments, which have received preliminary approval from the International Olympic Committee (IOC), also impact the structure of the Executive Council and set the stage for upcoming elections, including those for the Athletes' Commission.
In his advice to a distressed husband rediffGURU Ravi Mittal, dating coach, CEO of online dating website Quack Quack and Rebounce, a matrimony platform, explains how to address long-standing issues in a marriage.
A special NIA court in Chhattisgarh's Bastar district has convicted all 10 accused, including two women, in the 2013 Jhiram Valley Maoist attack case. The attack resulted in the deaths of 29 people, including senior Congress leaders, and was one of the deadliest incidents of Left Wing Extremism. The quantum of punishment will be announced on September 16.
A Reddit post about a hidden camera in a shared living room has reopened an old question -- how far can a landlord interfere in a home he no longer fully controls? Here's what two Mumbai lawyers have to say.
Seven-time champions India are strong favourites against Bangladesh in the Women's Asia Cup semi-final. The match carries an underlying political subtext, adding to the intensity. India's dominant form, led by Smriti Mandhana and Shafali Verma in batting and Deepti Sharma and Renuka Singh in bowling, contrasts with Bangladesh's more resilient path to the semi-finals.
'The anger among the PoK public is unlikely to subside against Pakistani State in the near future.'
The comparisons show where last year's cutoffs are still a usable guide and where you need to reset your expectations before Round 2.
The UK has announced a comprehensive sanctions regime against Israeli settlements in the West Bank, banning the import of goods and targeting entities involved in settlement expansion. Foreign Secretary Ed Miliband condemned the "ethnic cleansing of Palestinians" and highlighted international support for the UK's stance, while Israel reacted strongly with counter-measures.
National Security Advisor Ajit Doval engaged in Special Representatives talks with Chinese Foreign Minister Wang Yi in Beijing, focusing on the India-China boundary question and enhancing bilateral relations. These crucial discussions precede Chinese President Xi Jinping's anticipated visit to New Delhi for the BRICS summit, aiming to address persistent border differences and stabilise ties strained by past conflicts like the Galwan Valley clash.
The primary suspect in a case involving allegations of repeated rape and forced religious conversion of a pregnant woman in Gujarat's Banaskantha district has been arrested, with efforts ongoing to apprehend three other relatives.
Passenger traffic Y-o-Y fell 26.8 per cent in April and 24.6 per cent in May, while capacity declined 9.6 per cent and 11.3 per cent, respectively.
Sanjay Dutt's confession about his inability to learn Marathi, even after six years in Yerwada jail, has inadvertently sparked controversy and put Maharashtra Transport Minister Pratap Sarnaik in an awkward position, given Sarnaik's stringent policy on Marathi proficiency for auto and taxi drivers.
'I met with people who had their flats redeveloped. I saw this was a real human struggle.' 'People get caught in the middle between their dreams, wishes and their community.'
Amidst ongoing ethnic tensions, a new political alignment in Manipur sees Meitei and Naga groups uniting to demand an update to the National Register of Citizens with a 1951 base year, a move fiercely opposed by Kuki-Zo communities who fear it will disenfranchise them.
Hindutva influencer Swatantra Bhardwaj has been sent to 14-day judicial custody in connection with the alleged assault on a student activist's father during a protest at Jantar Mantar. Bhardwaj was detained after claiming he "cracked the skull" of the victim and escaped arrest due to political connections. Additional charges under the SC/ST Act, criminal intimidation, POCSO Act, and IT Act have also been added.
Tamil Nadu Chief Minister C Joseph Vijay has accused the opposition DMK of organised corruption and illegal collection of "party funds" during its previous regime, citing Enforcement Directorate documents. The allegations, which named former CM M K Stalin and his deputy Udhayanidhi as beneficiaries, led to a major ruckus in the Assembly.
A college student in Kochi has been arrested for allegedly morphing photographs and videos of teachers and female students into obscene content and circulating them on social media platforms like Telegram and Instagram. The arrest followed a complaint from the college management, which also dismissed the student. Police are investigating the extent of the network and potential financial motives.
Greco Roman wrestler Deepak has failed a dope test, leading to his withdrawal from the Asian Games contingent. This marks the third doping case for Indian wrestling ahead of the continental event, further reducing India's representation. The National Anti-Doping Agency (NADA) found clomifene in his sample, a prohibited substance. The Wrestling Federation of India (WFI) decided to withdraw him to avoid potential penalties from the world governing body.
The Sports Ministry has initiated a fresh application process for a national Yogasana federation, setting a September 17 deadline. This follows a Delhi High Court ruling that quashed the recognition of Yogasana Bharat and mandated a new affiliation procedure. Eligible bodies must submit detailed applications, adhering to the National Sports Governance Act, which includes specific requirements for executive committee composition.
Over 130 Indian nationals, including Kailash Manasarovar Yatra pilgrims and tourists, are missing or stranded in Nepal following devastating flash floods that have cut off central districts and disrupted communication links. Indian states and the embassy in Kathmandu have launched helplines to assist those affected.
Usha Vedasalam completed the Kailash Mansarovar Yatra just a week before the devastating floods in Nepal. This is her account of the pilgrimage.
The case pertains to a tender awarded to Ms Euroteck Environmental Private Limited when Jain was the Delhi water minister.
HarperCollins India has announced the publication of Congress leader Sonia Gandhi's memoir, "Belonging: A Journey of Love," in India on November 10. The highly anticipated book will offer insights into her personal life and India's political journey, covering her childhood, marriage into the Nehru-Gandhi family, and entry into politics.
The Centre on Monday told the Supreme Court that authorities in Muscat are examining claims that the family of Indian merchant navy captain Ashish Kumar received ransom calls following his disappearance after a drone or missile attack on a vessel in the Strait of Hormuz.
Intimacy is not just physical, explains rediffGURU Anu Krishna.
Nepal's devastating flash floods have claimed 1,127 lives, with thousands still missing a week after the disaster. Rescuers are intensifying efforts to find survivors and recover bodies across affected regions, while police work to identify victims and relocate families from high-risk areas.
From rhinoplasty and jaw augmentation to facelifts and eyelid surgery, facial plastic surgery is increasingly focused on creating balance between different features rather than changing just one part of the face. Chin surgery, or chin augmentation, is one such procedure that can make a significant difference to the overall facial profile.
Augmont Enterprises Ltd, an integrated gold and silver platform, saw its shares list with a premium of nearly 22 per cent against the issue price of Rs 788 on its market debut.
Luxury hotels in Delhi are experiencing a significant room crunch and a sharp increase in tariffs ahead of the BRICS Summit. Many marquee properties show no availability or are quoting rates exceeding six figures per night around the September 12-13 event, highlighting a gap in India's hospitality infrastructure.
Pakistan pacer Mohammad Abbas expressed deep concern over the team's persistent issues, including poor fielding and an inexperienced pace attack, following their heavy 194-run defeat to England at Lord's, marking their 10th loss in 11 away Tests.
The family of Chongtham Vikram Singh, a Manipuri musician beaten to death in south Delhi, has appealed for justice and an impartial probe, stating they seek accountability, not revenge, for his sudden loss.
Whether to choose MBA or MCA will depend on your interest and aptitude, counsels rediffGURU Patrick Dsouza.
The ruling does not mean developers must always pay stamp duty. The liability depends on the applicable law and contractual terms.
Aston Villa manager Unai Emery has stated that the frequent transfer dealings between Aston Villa and Chelsea are purely business transactions, not indicative of a special relationship.
