'At the first sign of real trouble, that money will move. There will be a run.'
India's banking system is grappling with a persistent liquidity surplus exceeding Rs 5 trillion, driven by significant government spending and bond redemptions, leading market participants to anticipate the Reserve Bank of India will step up Variable Rate Reserve Repo operations to manage the excess funds.
After completing a power-packed schedule of four back-to-back rallies in Purulia, Jhargram, Medinipur and Bishnupur, Prime Minister Narendra Modi was seen unwinding in a light-hearted moment as he relished West Bengal's popular street snack "Jhalmuri" near a small local shop.
Rahul Gandhi accuses the government of using the women's reservation bill as a smokescreen to manipulate India's electoral map and diminish representation for certain states.
Congress leader Rahul Gandhi criticised Prime Minister Narendra Modi for gifting 'Melody' toffees to Italian Premier Giorgia Meloni, calling it a 'gimmick' while India faces an 'economic storm'. He accused Modi of prioritising public relations over addressing the struggles of farmers, labourers, and youth, a sentiment echoed by other Congress leaders.
'The most enduring part of Satheesan's personality is he is good at heart. That is the reason why everybody, from the old to small children, get attracted to him.'
India's forex reserves dropped by $1.88 billion to $686 billion during the week ended November 28, the RBI said on Friday. In the previous reporting week, the overall reserves had declined by $4.47 billion to $688 billion.
Opposition leaders have criticised Prime Minister Narendra Modi's address to the nation, calling it politically motivated and a misuse of official platforms during ongoing elections.
UPI transactions reached 22.35 billion in April, marking a 25 per cent increase compared to April 2025. UPI now accounts for 85 per cent of all digital transactions in India and is live in eight countries.
The BRICS foreign ministers' meeting in New Delhi concluded without a joint statement due to disagreements over the West Asia conflict, with Iran blaming the UAE for the lack of consensus. India, as the host, issued a chair's statement highlighting the differing views.
The Indian rupee plummeted to an all-time low of 95.80 against the US dollar, settling at 95.66, driven by elevated crude oil prices and escalating geopolitical tensions in West Asia, despite potential RBI intervention and import curbs on gold.
Both Houses of Parliament were adjourned sine die, concluding a Budget session marked by the passage of key legislations and the defeat of a Constitution amendment bill on women's reservation. The session saw frequent opposition protests and discussions on various issues, including the West Asia conflict.
The Strait of Hormuz crisis is impacting lifestyles worldwide, from reduced gold purchases in India to energy conservation in Europe and Japan, as governments urge citizens to adapt to the global energy shock.
India is the only significant power that all parties trust, or at least do not distrust, notes former defence secretary Ajay Kumar.
Petrol and diesel prices have been increased by Rs 3 per litre each, marking the first hike in over four years, as state-run fuel retailers pass on some of the impact from surging global crude prices, which have been exacerbated by the Iran war.
Prime Minister Narendra Modi has begun a six-day tour of the UAE, the Netherlands, Sweden, Norway and Italy to strengthen bilateral relations amid geopolitical challenges. The trip will focus on energy security, trade, and technological cooperation.
Kane Williamson and Kyle Jamieson return to New Zealand's Test squad for tours of Ireland and England, with Jamieson back after a long injury layoff.
The IPL's Anti Corruption and Security Unit (ACSU) has raised concerns about unauthorised individuals in team areas, prompting the BCCI to tighten security protocols for franchises during the ongoing season.
The Election Commission will examine a complaint filed by opposition parties alleging that Prime Minister Narendra Modi's address to the nation violated the Model Code of Conduct for elections.
Mamata Banerjee appeared before the Calcutta High Court alleging police inaction during post-poll violence in West Bengal and sought judicial intervention to protect citizens.
India's mergers and acquisitions (M&A) market is projected to maintain an annual run-rate of approximately $200 billion, evenly split between domestic, inbound, and outbound transactions, despite global geopolitical turbulence, according to Rajesh Singhi, global co-head, M&A Advisory, Standard Chartered Bank.
The Indian Parliament is expected to extend its budget session to introduce a bill increasing Lok Sabha seats to 816, reserving 273 for women, and amending the women's reservation law.
Officials say the move represents the species' return after nearly a century, filling a long-standing ecological void. The animals, transported under strict veterinary supervision in specially designed crates, will initially be kept in soft-release enclosures to help them adapt before being fully released into the wild.
West Bengal Chief Minister Mamata Banerjee has criticised Prime Minister Narendra Modi, accusing him of spreading falsehoods and offering no relief to the poor through his speeches. She made these remarks at a rally in Bhangar, South 24 Parganas district, ahead of Modi's address to the nation.
The BJP has taken an early lead in the Gujarat local body elections, winning a significant number of seats as counting progresses. The Congress trails behind, while Independents and other parties, including AAP and AIMIM, have also secured seats.
Indian benchmark indices Sensex and Nifty experienced declines due to a sharp rally in crude oil prices, continuous foreign fund outflows, and geopolitical uncertainties. Regulatory developments in the banking sector, particularly the implementation of the Expected Credit Loss (ECL) framework, also contributed to the selling pressure.
Union Health Minister J P Nadda launched a scathing attack on the TMC in West Bengal, accusing it of appeasement politics, shielding infiltrators, and presiding over a corrupt and lawless regime.
A complaint has been filed against a woman who confronted Maharashtra minister Girish Mahajan over a traffic jam caused by a BJP rally in Mumbai, police said.
The Reserve Bank of India has updated its e-mandate framework, allowing card issuers to map existing mandates to reissued cards and clarifying rules around transaction limits and customer grievance redressal.
In a swift political counter-offensive, the Bharatiya Janata Party and its National Democratic Alliance (NDA) partners have announced a massive, nationwide protest campaign targeting the Opposition.
The last date for candidates who qualified JEE Main 2026 to register for JEE Advanced is May 2, 2026. Fee payment should be completed by May 4, 2026 to be eligible for the exam.
Virat Kohli praises Smriti Mandhana and Jemimah Rodrigues for their performances in women's cricket, highlighting Rodrigues' World Cup semi-final knock as particularly special. He also acknowledges the impact of the Women's Premier League (WPL) on the rising standards of Indian women's cricket.
'Policy consistency combined with timely and calibrated reforms are expected to ensure that India not only maintains macroeconomic stability, but also emerges as a globally competitive and inclusive economy.'
Wreaths were laid on the mortal remains of three of the four police personnel killed in an explosion in a gunpowder dump of Maoists in Chhattisgarh's Kanker district.
A court in Maharashtra's Nashik district on Monday fixed May 2 for giving its verdict on the anticipatory bail plea filed by TCS employee Nida Khan, an accused in a case related to alleged sexual harassment and forcible religious conversion at the IT firm's local unit.
Women voters in West Bengal appear to be shifting their priorities beyond financial assistance, placing greater emphasis on governance and accountability, according to post-election analysis. This shift may have contributed to the Trinamool Congress's (TMC) losses in the recent assembly election, as the BJP's promises and other factors influenced voter sentiment.
India's forex reserves declined $4.47 billion to $688.104 billion during the week ended November 21 due to a steep decrease in the value of gold reserves, the RBI said on Friday.
Celebrate Madhuri Dixit by revisiting her most unforgettable and scene-stealing performances, from her early career breakthroughs to her later nuanced portrayals, showcasing her unparalleled talent and charisma.
Students at Delhi University's Lady Shri Ram (LSR) College have issued a statement clarifying their recent protest, asserting it is not biased against any political ideology. This comes as the college principal, Kanika K Ahuja, addresses the situation and ongoing dialogue between students and the administration.
Police in Kanpur have arrested a suspected mastermind behind a network of fake firms, forged documents, and suspected hawala transactions worth over Rs 3,200 crore.
