Finance Minister Nirmala Sitharaman stated that the Reserve Bank of India (RBI) will persist in its efforts to prevent excessive volatility in the rupee, which has significantly depreciated against the US dollar due to global uncertainties, despite India's strong macro-economic fundamentals.
The Finance Ministry is set to commence its pre-budget meetings on October 12, initiating preparations for the Union Budget 2027-28, which will be the fourth budget of the Modi 3.0 government and the tenth for Finance Minister Nirmala Sitharaman.
The Centre has spent 28 per cent of its FY27 capital expenditure budget of Rs 12.21 trillion in the first three months against around 24.5 per cent during the corresponding period a year ago.
The Ministries of Skill Development & Entrepreneurship and Corporate Affairs spent only 8 per cent of their FY27 Budget Estimates in the first half of the financial year, making them among the top underspenders, according to data from the Controller General of Accounts.
Railway Minister Ashwini Vaishnaw announced the approval of the north corridor of the bullet train project by Prime Minister Narendra Modi, highlighting its 'Make in India' aspect and potential to transform lives. The corridor will connect major cities from Delhi to Guwahati, significantly reducing travel times. Vaishnaw also launched new Vande Bharat Sleeper Express and MEMU services in Varanasi, while criticising previous governments' railway budgets for Uttar Pradesh.
NavIC is India's independent, standalone navigation satellite system aimed at providing position, navigation and timing (PNT) services across India and around 1,500 km beyond the country's landmass.
The IDBI Bank stake sale could generate over Rs 26,500 crore, helping the government surpass its annual divestment target, notes A K Bhattacharya.
Analysts predict that the US midterm election results, which saw Democrats gain control of Congress, will primarily influence Indian markets through changes in global financial conditions, trade policy expectations, and geopolitical developments, with a keen focus on the US administration's actions in West Asia and their potential impact on crude oil prices.
India has exhausted 58.04 per cent of its FY27 fertiliser subsidy budget in under five months, primarily due to a significant surge in global urea prices following the conflict in West Asia, necessitating potential additional government expenditure.
Mumbai Indians successfully secured 95-97% of their targeted players in the Women's Premier League auction despite having the lowest purse, a feat attributed to their strong scouting network. Bowling coach Jhulan Goswami highlighted the team's strategic planning and satisfaction with their squad, despite missing out on a key target like Kiran Navgire.
Indian stock markets extended their rally for the fifth consecutive day, with the Sensex climbing nearly 384 points to close above 77,000, driven by foreign fund inflows, easing crude oil prices, and improved global sentiment following the US midterm election results.
The Union Cabinet has approved the Khelo India Sports Goods Manufacturing Scheme with an outlay of Rs 1,856.67 crore for 2026-2033-34. This initiative aims to strengthen India's position in the global sports goods sector through dedicated manufacturing zones, research, skill development, and market expansion, fostering self-reliance and creating employment opportunities.
A Mumbai sessions court has denied anticipatory bail to three film production executives accused of misappropriating over Rs 3.92 crore during the making of the upcoming film "Naagzilla". The court cited prima facie material and the necessity of custodial interrogation for a detailed investigation into allegations of bypassing Standard Operating Procedures, inflating bills, and taking commissions.
Several Indian-Americans have achieved significant victories in the US midterm elections, with five securing seats in the House of Representatives and Maryland Lieutenant Governor Aruna Miller winning re-election. The article profiles these successful candidates, highlighting their backgrounds and contributions to American politics.
From playful mini skirts to sculptural gowns, Ananya Panday has built a wardrobe that knows how to have fun. As the actress turns 28, we're celebrating her style evolution with looks that prove she can switch from easy-going cool girl to full-blown red-carpet glamour without missing a beat.
Two-time Olympic medallist Neeraj Chopra is set to resume training and rehabilitation after his ankle injury, which forced him to miss the Asian Games, has significantly improved. He also commented on the new Khelo India Sports Goods Manufacturing Scheme and wished luck to Youth Olympic Games participants.
Choose a car loan that fits your budget, keeps EMIs manageable and saves you money on interest, not just one with attractive festive offers.
'When you are content with your life, you become a much more difficult customer for companies trying to persuade you to spend.' 'When you are unhappy or constantly comparing yourself with others, you become more vulnerable to advertising and impulsive purchases.'
India's indigenous NavIC regional navigation system has been significantly bolstered by ISRO's successful launch of the NVS-03 satellite.
Indian states' capital expenditure (capex) utilisation for April-August FY27 fell to 21.21 per cent, slightly below the 21.73 per cent recorded in the same period of FY26, according to a CAG analysis. Despite the dip, this figure remains the third highest in the past six years, with significant variations observed across states.
Jammu and Kashmir Chief Minister Omar Abdullah announced a cabinet expansion and reshuffle for early next week, urging party members not to lobby for positions as the list is finalised. He also discussed various issues with Lieutenant Governor Manoj Sinha, including the LG's health, the National Dental Commission Act, and the plight of Kashmiri pilgrims stranded in Saudi Arabia due to flight cancellations and high airfares. Abdullah also declined to comment on LAC patrolling, stating it's outside J&K's purview post-Ladakh's separation.
From a pioneering silent film to Ramanand Sagar's iconic television series and the much-debated Adipurush, explore 10 Indian screen adaptations that have reimagined the Ramayana across generations.
The Haryana Congress has strongly criticised the BJP government's two-year tenure in the state, alleging widespread misgovernance, unfulfilled election promises, a surge in crime, and rampant corruption. Senior Congress leaders, including Bhupinder Singh Hooda and Kumari Selja, highlighted issues faced by farmers, traders, and youth, demanding accountability and a white paper on the government's performance.
India's sedan market is experiencing a notable divergence: affordable entry-level sedans are gaining market share, while midsize sedans are seeing a significant decline as buyers increasingly opt for SUVs in higher price brackets.
The Union finance ministry has constituted a high-level committee, chaired by former Central Vigilance Commissioner Suresh N Patel, to recommend structural, regulatory, and legislative reforms for India's banking sector, aiming to make banks globally competitive and support the financing needs of a developed economy.
French Prime Minister Sbastien Lecornu said police arrested 1,200 protesters on Saturday, and 150 personnel were injured as demonstrations across the country over the rising cost of living turned violent.
The AICF's proposed constitution could change the symbolism of its top office. The president may no longer remain merely the king on the chessboard -- important to the organisation but with limited reach -- and could become something closer to the queen, influencing internal governance, external representation and emergency decision-making.
'The restrictive monetary limits under FAST-DS may prevent a significant number of taxpayers from regularising their undisclosed foreign assets.'
Around 40 pilots of SpiceJet's Q400 aircraft fleet refused to fly till the airline cleared their salary dues, a stance that has been supported by pilots' grouping ALPA India, according to sources.
Multiple borrowings and weak cash flows are causing repayment delays among gold loan borrowers.
Partial results from Israel's general election indicate that Benjamin Netanyahu's bloc remains short of a parliamentary majority with 54 seats, while the opposition bloc led by Gadi Eisenkot has 48 seats, leading to a potential coalition deadlock.
European security agencies are on high alert following jihadist calls for suicide bombings and vehicle attacks against police and demonstrators during widespread economic protests across Europe. Messages linked to the Islamic State urged extremists to exploit crowded demonstrations in countries like France, Spain, Portugal, and Italy. India has also issued advisories for its nationals in affected European nations, urging vigilance.
NITI Aayog has called for a fundamental overhaul of urban governance in India, advocating for empowered city governments, directly elected mayors with five-year terms, and greater financial autonomy for urban local bodies to manage the country's rapidly growing urban population.
Israel is set to hold parliamentary elections on Tuesday, with Prime Minister Benjamin Netanyahu vying to retain power. The election is a critical test of his leadership, influenced by the government's handling of the October 7, 2023, Hamas attack, subsequent wars, and ongoing legal challenges. Opposition leaders, including Gadi Eisenkot and Naftali Bennett, are challenging his right-wing coalition, but opinion polls suggest a fragmented outcome with no clear majority. Key issues include security, accountability for the October 7 attack, military service exemptions for ultra-Orthodox men, and judicial reforms.
From playing the quietly determined Lata Mehra in Mira Nair's A Suitable Boy to stepping into the supernatural world of Tooth Pari: When Love Bites, Tanya Maniktala has built a career around characters that are anything but alike.
Focus on clarity. Avoid keyword stuffing, advises Sarieka S Vaze, head of HR and administration at Montran Corporation.
'They allow people to enter and exit. And there is transparency. There is market infrastructure. There is technology. There is cyber security. And then there are enough enablers.'
'Nana left Mumbai, its luxuries and all the roles he could have played, and moved to Pune, where he lived like a farmer.'
rediffGURU Komal Jethmalani, a nutritionist with over three decades of experience, explains why premium, seedless fruits may not necessarily provide better nutrition benefits.
India's leading IT companies are anticipated to report subdued revenue growth and largely stable margins for the July-September quarter, as clients maintain tight discretionary budgets, with analysts closely watching the conversion of strong bookings into revenue and the impact of AI on traditional services.
