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.
A Delhi court has ordered the framing of money laundering charges against former railway minister Lalu Prasad Yadav, his wife Rabri Devi, son Tejashwi Yadav, and six others in the alleged IRCTC hotel scam. The court found strong suspicion of a manipulated tender for railway hotels and a quid pro quo involving land transfer at undervalued rates.
Sardar 2 has the interesting spy games, but too many convenient shortcuts and a tedious runtime leave this sequel struggling to match the crisp, engaging original, argues Sreeju Sudhakaran.
Veteran Indian pace bowler Mohammed Shami is set to play his 100th first-class match, leading East Zone in the Duleep Trophy final against South Zone in Chennai.
Researchers at BRIC-RGCB in Thiruvananthapuram have developed a novel nanopore-based sensing technology. This innovation allows for the early and highly sensitive detection of biomarkers associated with neurodegenerative diseases like Parkinson's and ALS, addressing a critical challenge in current diagnostic methods. The technology, published in Nature Nanotechnology, uses self-assembling dual-diameter nanopore sensors to identify disease-specific biomarkers even at low concentrations.
A seminar in New Delhi commemorated Acharya Prafulla Chandra Ray's birth anniversary, focusing on his significant contributions to pharmaceutical sciences and his vision for indigenous research and self-reliance. Organised by DPSRU and VIBHA, the event highlighted Ray's pioneering efforts in "Swadeshi science" and his role in establishing India's pharmaceutical industry.
The Mumbai Cricket Association has established the Ajinkya Rahane Scholarship Fund, backed by Sharad Pawar, to support grassroots cricketers and develop Mumbai's Maidans.
A Microsoft Work Trend Index report reveals India has the highest share of "Frontier Professionals" globally, with 32% of its AI users employing AI agents in multi-step workflows, double the global average. Indian professionals are not just adopting AI but are actively redesigning work processes, demonstrating strong leadership alignment and a focus on human oversight and critical thinking. Major Indian IT firms like Infosys, TCS, and Wipro show rapid adoption and significant productivity gains with Microsoft 365 Copilot.
Mumbai-based FIDE trainer and arbiter Praful Jhaveri has been appointed as the coach and team captain for the St Kitts and Nevis Chess Federation for the upcoming 46th Chess Olympiad in Uzbekistan. His appointment followed a recommendation from IM Abhilash Kelkar.
The Delhi High Court has granted bail to Sobiya Aziz and Kamran Ashraf Reshi, accused in a terror conspiracy case related to Jammu and Kashmir and other major Indian cities. The court cited their nearly five-year incarceration and the slow pace of the trial as reasons for the decision, imposing strict conditions on their social media use.
Japan's national cricket team, led by Kendel Kadowaki-Fleming, will play a historic one-off T20 International against India on September 22 in Sano.
Former India fast bowler Javagal Srinath has underscored the critical role of Test cricket in developing depth within the game, despite the growing popularity of the T20 format. Speaking at an awards ceremony, Srinath advised young players to prioritise Test cricket, noting the difficulty for T20 specialists to transition to the longer format. He also stressed the responsibility of cricket associations, parents, and coaches in guiding emerging talent.
Mountaineer Baljeet Kaur, known for scaling five 8000-metre peaks in a single season, is one of four recipients of the Tenzing Norgay National Adventure Awards for 2024. Other awardees include Skalzang Rigzin for land adventure, Rimo Saha for water adventure, and Shiv Prasad Chamoli for lifetime achievement, recognising their exceptional contributions to adventure sports in India.
What do a Rajasthani style building, an island and a striking lotus-shaped shrine have in common? They are all home to Krishna devotion far from India. Unexpected settings to fascinating architecture, these seven temples offer a glimpse of how Krishna's timeless tradition has travelled across the globe.
India's markets regulator Sebi has launched 'Demat 2.0', a pilot project for tokenisation of corporate bonds, enabling atomic settlement through integration with RBI's wholesale CBDC. This new market infrastructure uses Distributed Ledger Technology (DLT) to make bond issuance, trading, and settlement faster and more efficient. India is the first country to issue corporate bonds natively on a distributed ledger with central bank digital currency settlement. Additionally, RBI Governor announced new UPI innovations: 'Tap & Pay' for faster POS transactions and MyUPI, an AI-powered customer support solution.
Five Indian tennis players were excluded from the Asian Games squad because they did not meet the Sports Ministry's stringent international ranking criteria, a decision that has drawn criticism from veteran players like Rohan Bopanna but is being upheld by authorities to maintain administrative integrity.
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.
Jamshedpur FC players, including senior India footballers, have made an emotional appeal to the Tata Group to reverse its decision to withdraw the club from the Indian Super League (ISL) and dismantle the senior team, citing the impact on young players and the future of Indian football.
Indian banks and non-banking financial companies (NBFCs) are undertaking a comprehensive review and reset of their engagement terms with fintech firms, driven by the Reserve Bank of India's (RBI) draft Guidance on Regulatory Expectations for Data Governance and the stringent compliance requirements of the Digital Personal Data Protection (DPDP) Act, 2023, and its 2025 Rules.
'Now the institutions which have the might of law invested in them think that whatever they do is right.'
The Indian athletics team for the upcoming Asian Games in Japan has undergone significant changes, with Commonwealth Games medallist Yashvir Singh replacing an injured Neeraj Chopra.
S Sreesanth and Sanju Samson ignore each other at the Kerala Cricket League 2026 awards ceremony.
Prime Minister Narendra Modi has extended his best wishes to the Indian contingent participating in the Commonwealth Games 2026 in Glasgow, expressing confidence in their passion, determination, and spirit of excellence. He noted that the Games feature 215 events across 10 sports.
Indian badminton stars Satwiksairaj Rankireddy and Chirag Shetty, fresh off their China Masters victory, reveal their "no Plan B" philosophy, focusing on strengths and tactical adjustments. They attribute their success to improved physical condition post-World Championships and meticulous reviews, which helped them secure their 10th BWF World Tour title and boost confidence for the upcoming Asian Games.
Arun Singh Dhumal and Khairul Jamal Majumdar are poised for unopposed re-election to the IPL Governing Council at the upcoming BCCI Annual General Meeting on September 18. The election process, including nomination dates and candidate scrutiny, has been outlined by the BCCI Electoral Officer.
Gujarat Titans head coach Ashish Nehra has offered insights into Shubman Gill's captaincy style, comparing him to Hardik Pandya and noting Gill's reserved yet keen approach to leadership. Nehra also discussed the uncertain future of Rohit Sharma and Virat Kohli for the 2027 ODI World Cup, stating it's too early to predict. He also touched upon his own coaching ambitions and reflected on past World Cup losses.
The Indian Medical Association (IMA) has issued a public health advisory on the seasonal surge in Influenza A (H1N1), or swine flu, urging people not to self-medicate with antibiotics and antivirals and advising immediate medical attention for severe symptoms.
India's international football friendly against Panama in Bengaluru has been advanced by a day to September 25 due to the Bengaluru Marathon. The match at Sree Kanteerava Stadium will be a significant test for the Blue Tigers against a 2026 World Cup participant, preceding other high-profile friendlies against Brazil and Uruguay.
India is set to launch Bharat Vecto, its first certification tool for assessing the fuel efficiency and CO2 emissions of medium and heavy commercial vehicles, by December, with a full launch targeted for the Bharat Mobility Global Expo in February 2027.
The search for N Chandrasekaran's successor as Tata Sons Chairman has reportedly narrowed to Tata Steel CEO T V Narendran, Tata Sons Executive Director Saurabh Agrawal, and NSE MD & CEO Ashish Chauhan, with Chauhan emerging as a potential 'dark horse' candidate.
Dhruv Sheoran and Vishesh Sharma have taken the joint lead at the Telangana Golconda Masters, both carding course-record scores of 10-under 60. The duo holds a one-shot advantage after the first round of the Rs 1 crore tournament. Amardeep Malik is in solo third, one stroke behind.
The Indian senior men's football team will play an international friendly against Panama at the Sree Kanteerava Stadium in Bengaluru on September 26. This match against a FIFA World Cup-playing nation will be a significant test for the Blue Tigers, marking their return to Bengaluru after their SAFF Championship 2023 victory.
India's top women's singles players, including Sahaja Yamalapalli, Vaishnavi Adkar, and Vaidehee Chaudhari, have been excluded from the Asian Games tennis squad after the Sports Ministry pruned the list, leaving the national challenge without its leading singles contenders.
Fifteen-year-old cricketer Vaibhav Sooryavanshi has become the latest sensation in Indian cricket, drawing massive crowds to the Duleep Trophy final in Chennai. Following an explosive IPL 2026 season, the young left-hander showcased his talent with a quickfire innings, earning praise from experts and captivating fans who see him as the future of the sport.
Kerala Chief Minister V D Satheesan's Facebook post criticising Islamic scholar Kanthapuram A P Aboobacker Musliyar's alleged anti-women remarks has disappeared, with the CMO citing a technical error. The incident has sparked political criticism from CPI(M) and BJP, who question the explanation and accuse the Congress of hypocrisy.
The National Investigation Agency's (NIA) chargesheet in the 2025 Red Fort blast case alleges that the accused followed the 'Lone Mujahid Pocket Book/How to Become an Assassin', an AQAP-linked manual detailing explosives and covert operations. The chargesheet identifies Umer Un Nabi, who died in the explosion, as the alleged mastermind and 'operational in-charge' of a revived Ansar Ghazwat-ul-Hind (AGuH) module.
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.
India's automobile retail sales reached an unprecedented 24.23 lakh units in August, marking a 17.51 per cent year-on-year growth, with alternative fuels (CNG, hybrid, and electric) collectively surpassing petrol in the passenger vehicle segment for the first time.
The Indian Pickleball Association has announced the national team, led by Harsh Mehta, for the upcoming Pickleball World Cup in Da Nang, Vietnam. The squad includes both experienced players and young talent, with corporate backing providing a boost for their preparations.
The Indian Pickleball Association has announced the national team, led by Harsh Mehta, for the upcoming Pickleball World Cup in Da Nang, Vietnam. The squad includes both experienced players and young talent, with corporate backing providing a boost for their preparations.
