Sanjay Malhotra has made structural changes to banking regulation to bring down costs and increase efficiency. Plus, he kicked off a benign interest regime. But there are challenges ahead.
Net direct tax collection grew 8 per cent to over Rs 17.04 lakh crore this fiscal till December 17 on slower refunds and higher advance taxes from corporates, the income tax department data showed on Friday.
Lots to look forward to in Indian sports as packed 2026 calender awaits
In its annual report to Congress on Tuesday on 'Military and Security Developments Involving the People's Republic of China 2025', the US Department of War said the People's Liberation Army (PLA) is actively considering and planning for additional military facilities.
For long stretches, the atmosphere felt less Mumbai and more Camp Nou. Chants of 'Barca... Barca' and 'Suarez... Suarez' echoed through the stands as Messi interacted with youngsters, celebrities and former India football captain Sunil Chhetri.
India's $280-billion IT industry heads into 2026, balancing visa-related headwinds and global trade uncertainty against its biggest-ever push into artificial intelligence and the rapid expansion of global capability centres (GCCs). Heightened scrutiny of the US H-1B visa programme - including a proposed $100,000 fee for new visas and concerns over a potential 25 per cent outsourcing tax - has complicated cross-border delivery for Indian firms, even as companies accelerate efforts to reduce reliance on onsite staffing.
University College London has recorded a 19 per cent and 26 per cent rise in undergraduate and postgraduate students from India for the 2026 term, indicating a preference for the UK over the US at a time when Indian students are facing visa uncertainties in US-based institutions.
'Vijay is badly politically wounded.'
From leading a lively reading circle to planting trees with digital IDs and joining a fiery one-touch football drill, David Beckham had a ball with the kids.
The year had a variety of films to choose from. Not all of them were successful at the box office, but had merit.
Before booking a flat, buyers should confirm that the project is registered with the state's Rera portal.
The Lokapriya Gopinath Bardoloi International Airport in Guwahati has inaugurated a new nature-themed terminal building, designed to handle 13.1 million passengers per year and serve as a key aviation hub for the northeast and a gateway to Southeast Asia.
Construction major L&T is gearing up to expand its footprint in the global nuclear supply chain, a senior company official has said, while calling for amendments to key legislations on the domestic front to pave the way for the entry of private players and foreign capital necessary for capacity enhancement.
The Enforcement Directorate has issued a Rs 466-crore FEMA show cause notice to Kerala CM Pinarayi Vijayan, former finance minister Thomas Issac, and the CM's chief principal secretary K M Abraham in the KIIFB Masala Bond case.
There are vexing questions around the disconnect between Nifty returns and portfolio returns, between economic growth and earnings growth, and finally, between earnings growth and market returns, points out Debashis Basu.
Vrusshabha feels like a ChatGPT prompt gone wrong, where the lazy ask for a sure-shot 'Pan Indian' blockbuster formula gives us a flimsy period epic in the guise of an incompetently drawn 'reincarnation drama', observes Arjun Menon.
Posters announcing plans for an Ayodhya-style Ram temple complex in Salt Lake have appeared, escalating the political duel between religious groups ahead of the Bengal assembly polls. The proposed complex includes a school, hospital, and old-age home.
Villagers protesting against the expansion of a coal mine clashed with police in Chhattisgarh's Surguja district, resulting in injuries on both sides. The protest stems from opposition to the Amera extension coal project of South Eastern Coalfields Limited (SECL), despite the land acquisition process being completed in 2016.
World tennis number one Carlos Alcaraz has split with his coach Juan Carlos Ferrero, they said on Wednesday, ending a seven-year partnership that delivered 24 titles including six Grand Slam crowns.
Adoption of Artificial Intelligence (AI) in India's 64 million Micro, Small and Medium Enterprises (MSMEs) alone could unlock over $500 billion in economic value, but the country must pivot from an "adopt-first" to an "invent-first" mindset to realise this potential, according to a new report.
When elephants are identified close to or on the tracks, real-time alerts are sent to locomotive pilots, station masters and control rooms, allowing trains to slow down or stop in time.
Maharashtra Chief Minister Devendra Fadnavis on Wednesday said local residents must be given priority in jobs at the upcoming Vadhavan Port project in Palghar district, and warned that any attempts to deprive them of their 'rightful employment' at the mega facility would not be tolerated.
After a gap of more than three years, the central government has agreed to resume the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) works in West Bengal with immediate effect, but subject to mandatory adherence to stringent conditions. These include a prohibition on any work valued at more than 20 lakh, compulsory 100 per cent electronic know-your-customer (eKYC) verification of all workers, and mandatory pre-estimation field visits for all works before they are undertaken.
'Previously, contributing only 25 per cent of material costs, states now face burdens of 40 per cent to 100 per cent of total costs, ensuring poorer states will curb project approvals, directly stifling work demand.'
Fitch Ratings on Thursday raised India's GDP growth forecast for the current fiscal to 7.4 per cent, from 6.9 per cent, on increased consumer spending and improved sentiment boosted by GST reforms.
The projections in the cement industry are mixed. Prices and demand remained muted in the third quarter (October & November) and short term uptick doesn't seem likely. However, the second quarter of the financial year 2026 (Q2FY26) was good year-on-year (Y-o-Y) for many cement majors aided by base effect, and some analysts expect acceleration in earnings and volume in the next financial year, again aided by base effect.
Delhi Education Minister Ashish Sood announced the installation of air purifiers in 10,000 classrooms to combat pollution and ensure clean air for students, criticizing the previous government's approach.
India is strengthening the naval component of its nuclear triad with Navy Chief Admiral Dinesh K Tripathi on Tuesday saying that the third indigenous nuclear-powered submarine 'Aridaman' will be commissioned soon and that his force is focusing on boosting its overall combat prowess.
Congress leader Rahul Gandhi accuses the BJP of 'vote chori' in collusion with the Election Commission, calling it an anti-national act. He raised concerns about election reforms and institutional capture.
India's trade deficit with China is expected to reach $106 billion in 2025 as imports are rising faster than the country's exports to the neighbouring country, think tank GTRI said on Friday.
The new US national security strategy signals a retreat from global dominance while reaffirming continuity in India's role in Indo-Pacific security and Quad cooperation, points out former foreign secretary Shyam Saran.
Investment proposals for around Rs 1.88 trillion through 35 major agreements, spread across deep tech, green energy, and aerospace, were the hallmark moment of the first day of the two-day "Telangana Rising Global Summit", which started on Monday.
The Anti-Corruption Bureau/Economic Offence Wing (ACB/EOW) has claimed in its chargesheet that Chaitanya, son of former Chhattisgarh Chief Minister Bhupesh Baghel, received Rs 200 crore to Rs 250 crore as his share from an alleged liquor scam in the state.
The food delivery platform sector in India employed 1.37 million workers in the financial year 2023-24 (FY24) and is growing at a compound annual growth rate (CAGR) of 12.3 per cent, estimates a new report released by the Delhi-based think tank National Council of Applied Economic Research (NCAER).
I once asked him why he hadn't written scripts for his sons Vineeth and Dhyan. 'I made some suggestions about their scripts, and they haven't discussed their scripts with me after that,' he said with his trademark laugh.
'As soon as Salman saw me, he immediately left Aamir's side and came towards me. He hugged me.' 'Then he introduced me to Aamir, saying, 'This is J K Bihari who launched me in Biwi Ho Toh Aisi".'
Delhi cabinet minister Parvesh Verma launched a sharp attack on the previous AAP government, alleging failure to carry out basic civic works over the past decade, leading to issues like garbage mountains, broken roads, pollution, and Yamuna cleaning.
The government aims to cover around 60 million people in the age category, irrespective of income, with an assured 5 lakh annually to be shared within the family.
Congress leader Sonia Gandhi accuses the ruling party of attempting to vilify Jawaharlal Nehru and erase his legacy, speaking at the launch of the Nehru Centre India.
The Reserve Bank of India (RBI) on Tuesday announced a fresh round of liquidity measures through open-market operations (OMOs) and a foreign exchange buy-sell swap, under which it will inject close to Rs 3 trillion into the banking system. The central bank said it would purchase Government of India securities worth Rs 2 trillion through OMOs, spread across four tranches of Rs 50,000 crore each to be conducted on December 29, January 5, January 12 and January 22.
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