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.
Less than a month before assembly polls in Bihar, a Delhi court on Monday framed charges against Rashtriya Janata Dal chief Lalu Prasad Yadav, former Bihar chief minister Rabri Devi and their son and leader of opposition Tejashwi Yadav in the alleged IRCTC scam case.
India's brittle energy security is inextricably linked to two opposing paradigms - fossil fuels, and the transition to green energy. The first powers the present; the second paves the way for Viksit Bharat in 2047.
The weakening of inflation, prospects of economic growth, geopolitical uncertainty and comfortable system liquidity may result in the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) to cut the repo rate by another 25 basis points, opine top economists. They also said the external economic pressures like trade policies and others would require continued RBI's accommodative stance and policy support for the Indian industry to sustain the growth.
Nine years after he first made his India debut, Sanju Samson finally made it count with three centuries in eight innings against Bangladesh and South Africa last year.
Amid US-China trade tensions and economic vulnerabilities, India must seize the 'China +1' opportunity, deepen reforms, secure FTAs, and globalise its firms for long-term growth, suggests Ajay Shah.
Under Rohit Sharma, India won the 2018 and 2023 ODI Asia Cup, runners-up position in the 2023 World Cup at home and triumphed in the the ICC Champions Trophy in March.
The Indian women's cricket team was fined 10 per cent of its match fee for maintaining a slow over-rate against Australia in the third ODI.
The Reserve Bank of India (RBI) on Wednesday met the long-standing demand of banks by allowing them to finance acquisitions by Indian companies, a move that also expands banks' capital market lending in the country.
'Sometimes it might look wrong in the fans' eyes, but please don't twist things or create narratives that aren't even close to the truth.'
Filing of nomination papers ended on Monday for the second and final phase of Bihar assembly polls, with the opposition Indian National Developmental Inclusive Alliance (INDIA) appearing fractured, as constituents would end up fighting each other in a number of seats.
Yashasvi Jaiswal has earned a spot in TIME magazine's prestigious 'TIME100 Next' list -- recognizing emerging global leaders across various fields.
New Zealand batting stalwart Kane Williamson has joined Lucknow Super Giants (LSG) as a strategic advisor ahead of the Indian Premier League's (IPL) next edition.
The Indian trio of all-rounder Hardik Pandya, mystery spinner Varun Chakravarthy and aggressive opener Abhishek Sharma retained their respective top positions in the ICC T20 rankings.
The rupee is undervalued as compared to its peers, shows the latest data from the Reserve Bank of India (RBI), even as the local currency keeps hitting new lows.
Mentored by Yuvraj Singh, the 25-year-old southpaw carries shades of his idol with the clean swing, the effortless power, the knack for changing games in a blink.
'The heat shield technology for re-entry vehicles was first mastered in DRDO for the Agni missile.' 'This is why the Americans were so opposed to Agni in the 1980s, unlike other missiles -- it was a re-entry vehicle.'
The exit of Larsen & Toubro (L&T) from the Hyderabad Metro is a long-term positive for the stock. It could be a bullish trigger, alongside higher international orders, and new opportunities in segments like defence and data centres.
Stock markets will be driven by RBI's interest rate decision, tariff-related developments, global trends and trading activity of foreign investors in this holiday-shortened week, analysts said.
This marks the first time that four players from a single country have reached the quarter-finals of the FIDE Women's World Chess Cup.
Passenger vehicle dispatches from companies to dealers declined 9 per cent year-on-year to 321,840 units in August.
The small sports utility vehicle (SUV) segment - comprising models less than 4 metres in length - could witness the "maximum" growth among all categories in the coming months following the recent goods and services tax (GST) rate rationalisation, Tarun Garg, chief operating officer of Hyundai Motor India (HMIL), said.
For both polishing unit operators and diamond merchants, the US is still the biggest export destination: Three in every 10 diamonds polished in India end up in American stores.
He played just two first-class matches.
Skipper Alyssa Healy led from the front with a masterful 142 as Australia pulled off a record chase of 331 to beat India by three wickets in their Women's World Cup group match on Sunday.
Equity markets will keenly track outcome of the US Federal Reserve policy meeting this week amid heightened expectations of an interest rate cut along with WPI inflation data, analysts said. Any further development on the USndia trade front would also drive trends in the equity market, experts said.
Jemimah Rodrigues struck a sensational century as hosts India reached the ICC Women's World Cup Final with a magical run-chase against Australia
Amazon India unveiled a dedicated marketplace section highlighting products with reduced tax burdens as the goods and services tax (GST) restructuring took effect on September 22, positioning the ecommerce giant to capitalise on lower consumer prices across electronics, appliances, and other categories. Its rival Flipkart, too, has rolled out its own GST-focused storefront, the GST Bachat Utsav, aimed at helping shoppers maximise benefits from the new tax rates across multiple categories.
Indian skipper Rohit Sharma bonded and practiced with youngsters Ayush Mhatre and Indian Test batter Sarfaraz Khan on Tuesday.
Multiple tailwinds for the automobile sector, including a cut in goods and services tax (GST) rates, are keeping analysts bullish on auto stocks from a long-term perspective, even as they see the rally running its course in the near term.
Kiaan Shetty loves Kurukshetra so much that he recommends it to his friends too.
Prime Minister Narendra Modi on Wednesday renewed his pitch for Make in India across sectors -- from mobiles to semiconductors and electronics, saying the government is accelerating the pace of reforms, offering the best investment opportunities.
The years spent in domestic cricket helped him sharpen his skills and know more about his own game.
Grant Thornton Bharat's latest survey indicates that hybrids are set to consolidate market share this festive season, bridging the gap between conventional petrol engines and the emerging electric vehicle segment.
The Indian services sector growth touched a ten-month high in June aided by robust expansion in international sales and job creation, amid positive demand trends and ongoing improvement in sales, a monthly survey said on Thursday. The seasonally adjusted HSBC India Services PMI Business Activity Index rose from 58.8 in May to 60.4 in June, driven by sharp upturn in new business orders.
South Africa's young batting sensation became the most expensive batter in the history of SA20
Bhagwat Chapter One: Raakshas: An average watch instead of a compelling nightmare, notes Mayur Sanap.
Indian spinner Ravi Bishnoi and left-arm seamer Arshdeep Singh moved up to the sixth and 10th spot respectively in the latest ICC T20 rankings released on Wednesday.
Top Indian cement firms are expected to report a strong earnings growth for the second quarter of the financial year 2025-26 (Q2FY26) on a year-on-year (Y-o-Y) basis, amid improved realisations, prices, and steady volume growth, but on a low base.
Indian pace spearhead Jasprit Bumrah overtook Bhuvneshwar Kumar to become team's fourth-highest wicket-taker in T20I cricket.
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