"It is quite possible that the rates will remain low in the near to medium term, but that will depend on how conditions evolve," said RBI Governor Sanjay Malhotra.
'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.'
'It's a changing world and the opening up doesn't mean that concerns with regards to security have gone away.'
India possesses two months of fuel stockpiles and faces no supply concerns despite global energy disruptions, according to Oil Minister Hardeep Singh Puri. However, state-run fuel retailers are incurring losses of up to Rs 1 lakh crore in a single quarter due to elevated crude prices and unchanged retail fuel prices, raising questions about the sustainability of these losses.
FLO has signed agreements with Garuda Aerospace, NEOSKY India and YRG for a skilling programme to train 1,000 women drone pilots by March next year.
India has officially submitted its expression of interest to host the 2038 Asian Games, according to a top official of the national Olympic body, marking a significant step in the country's broader strategy to become a global hub for major multi-sporting events.
India has expressed strong concerns over attacks on commercial ships in the Strait of Hormuz, citing its importance to India's energy and economic security. Ambassador Yojna Patel highlighted the need to respect international law and ensure the safety of seafarers, while also addressing broader Middle East issues including the situation in Gaza and Lebanon.
Lakshya Sen and the doubles pair of Satwiksairaj Rankireddy and Chirag Shetty suffered narrow losses as India trailed 0-2 against China in their final Group A tie of the Thomas Cup Finals.
Air India is significantly embracing artificial intelligence to enhance operational efficiency, improve customer services, increase revenues, and reduce costs as part of its ambitious transformation plan under the Tata Group.
Sports Minister Mansukh Mandaviya has urged Indian shooters to support the country's goal of becoming a top-10 global sporting power within a decade. The NRAI marked its 75th anniversary with a plan to introduce shooting to 7.5 lakh youth through grassroots outreach.
Employees with artificial intelligence skills are likely to see better salary increments in the coming years, especially in technology, GCCs, and BFSI sectors, according to TeamLease Edtech.
Apple CEO Tim Cook's strategic pivot, from initial rejections to local partnerships and leveraging government policies like PLI, transformed India into a major iPhone manufacturing and export hub, now accounting for one in every four iPhones assembled globally.
Phunchuk Stobdan's forte was candour and strong views on India's defence. Naturally, India's adversaries were in awe of him, fearing his views and unyielding stand on boundary issues, remembers Tarun Vijay.
Ayush Shetty's comeback win keeps India in the contest after Lakshya Sen and the doubles pair of Satwiksairaj Rankireddy and Chirag Shetty lost their matches against China in the Thomas Cup Finals.
'Nepal today is far more aware, self-confident, aspirational, and assertive.' 'India's policy so far has not been geared to this shift. It is time to redraw our Nepal strategy.'
Tata Sons Chairman N Chandrasekaran addressed Air India employees, acknowledging the airline's challenging phase while reaffirming the Tata Group's commitment to its long-term transformation, focusing on service quality, safety, and operational improvements.
India's foreign exchange reserves have surged by $3.825 billion to reach $700.946 billion as of April 10, marking a significant milestone for the country's financial stability.
Rapid growth in personal gold loans has raised concerns over borrower leverage, large-ticket exposure and volatility in gold prices, points out Swaminathan J, Deputy Governor, Reserve Bank of India.
India is one of the few nations, and perhaps the only nation, that has good relations with America, Israel and Iran. Knowing that a war in the Gulf would damage our economy, hurt supply of fertilisers and fuel, and cause general chaos, we should have tried to ensure this war did not begin, asserts Aakar Patel.
Foreign Portfolio Investors (FPIs) have withdrawn Rs 14,231 crore from Indian equities so far in May, extending the total outflow for 2026 to over Rs 2 lakh crore, driven by persistent global macroeconomic uncertainties including inflation, interest rates, and geopolitical risks.
India has denied making any payments to Iran to secure safe passage for its vessels through the Strait of Hormuz, following reports that Indian vessels were fired upon in the region.
The Indian government has increased import duties on gold and silver from 6 per cent to 15 per cent to curb inbound shipments of precious metals amid a rising import bill due to the West Asia crisis.
The All India Tennis Association (AITA) has announced its commitment to transparency and inclusiveness following a Delhi High Court decision regarding its 2024 elections. The AITA plans to implement constitutional amendments and ensure player representation in its governance.
'What exactly is on the prime minister's mind, we do not know. But it feels like the government wants the country to be prepared for unseen challenges ahead.'
Chennai Super Kings batter Urvil Patel equalled the record for the fastest fifty in IPL history, reaching the milestone in 13 balls against Lucknow Super Giants.
India has established a high-level inter-ministerial body, the AI Governance and Economic Group (AIGEG), to steer the country's national AI governance strategy. The AIGEG will coordinate policy across ministries and oversee cross-sectoral governance issues, supported by a Technology and Policy Expert Committee (TPEC).
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.
Legal experts suggest West Bengal Chief Minister Mamata Banerjee should resign following her party's defeat in the assembly elections, or face potential dismissal by the governor.
'Mark Mobius's life was dedicated to investing.'
In the Opposition camp, the Congress, which contested 99 seats, won 19 constituencies, while the Badruddin Ajmal-led AIUDF and Akhil Gogoi-led Raijor Dal secured two seats each, and the Trinamool Congress bagged one constituency.
koda Auto Volkswagen India aims to capture a 5 per cent share of India's passenger vehicle market by 2030, driven by new product launches, including alternate fuel vehicles, and a potential entry into the high-volume sub-4 metre SUV segment.
India has no plans to ration fuel supplies despite ongoing disruptions in global energy markets, according to a top oil ministry official. The country has maintained adequate inventories of crude products and LPG while diversifying imports to manage supply risks.
The Athletics Federation of India (AFI) has denied signing a Memorandum of Understanding (MOU) with the Russian athletics federation, amidst ongoing sanctions and the conflict in Ukraine.
Rahul Gandhi, Leader of Opposition in Lok Sabha, has strongly dissented on the selection process for the next CBI director, alleging bias and lack of transparency in the government's approach.
'Markets never fully lose hope. But an important shift could come if the Strait remains closed -- moving from high prices to no prices.'
If current trends persist, the Congress risks becoming increasingly regionally concentrated, dependent on a handful of states rather than functioning as a truly pan-India political force.
The Wrestling Federation of India has appointed three foreign coaches and a High Performance Director to enhance national camps in preparation for the Asian Games and the 2028 Olympics.
By asking Vijay to produce letters of majority support before inviting him to form the government, the governor risks overstepping established Constitutional principles, notes Harishchandra.
In the draft norms issued last month, the RBI said that the ultimate responsibility for the bank's performance, conduct and control rests with the Board
India's fiscal deficit is projected to reach 4.5 per cent of GDP for the current fiscal year, exceeding the budgeted target, as the government's policy responses to the West Asia conflict are expected to strain public finances, according to research firm BMI.
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