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.
Sports Minister Mansukh Mandaviya met with Commonwealth Sport President Donald Rukare to discuss preparations for the 2030 Commonwealth Games in Ahmedabad, focusing on efficient delivery, sustainability, and legacy planning.
Experts say cold-rolled formed engineering solutions are driving a sustainability shift in the mining sector as the process generates minimal scrap, which can reduce waste generation by up to 80 per cent compared to conventional methods.
These new tariffs were imposed by Trump on all countries, including India, on February 24 for 150 days following a Supreme Court verdict that struck down his earlier sweeping levies.
Counting of votes begins in Tamil Nadu, Assam, Kerala, Puducherry, and West Bengal, with significant implications for regional and national parties.
A man in Bhopal was allegedly assaulted and paraded by a right-wing group for being with a woman from another community, leading to police investigation and community protests.
Former India head coach Rahul Dravid believes that T20 batting has evolved significantly, and bowlers need to adapt and improve their skills to stay competitive in the format.
Prime Minister Narendra Modi has appealed to citizens to adopt austerity measures, including avoiding destination weddings abroad and reducing edible oil consumption, to mitigate the impact of the West Asia crisis on India's economy.
The BJP is showing strong leads in West Bengal and Assam, while actor Vijay's party is making a significant debut in Tamil Nadu. The Congress is ahead in Kerala, offering some consolation amid the changing political landscape in the state elections.
The United States has announced it will not renew sanctions exemptions for the purchase of Russian and Iranian oil, ending a 30-day waiver that allowed some countries, including India, to continue importing Russian oil despite sanctions related to the Ukraine war.
India has expressed strong concern over the targeting of commercial shipping in the Strait of Hormuz during the West Asia conflict, urging for the restoration of unimpeded navigation and global commerce.
The Tamil Nadu Congress Committee (TNCC) president K Selvaperunthagai announced that the Congress will be part of the new government in Tamil Nadu led by Vijay's TVK, with discussions underway for ministerial posts and a Rajya Sabha seat.
'As re-industrialisation gathers pace across regions like Asia, Europe and the US, a wide range of products and inputs will see demand.'
Indian equities on Dalal Street saw volatility as global market trends and weak rupee impacted investor sentiment. Track Sensex, Nifty50 movement and key market drivers for May 5, 2026.
The Election Commission is preparing to launch the third phase of the Special Intensive Revision (SIR) of voters' lists, potentially covering 22 states and Union Territories with approximately 40 crore electors.
'The next five years are crucial because Assam, West Bengal and Bihar are either governed by or politically aligned with the BJP.' 'This gives us a strong platform to take decisive steps to secure our borders.'
An analysis of 138 Indian cities reveals that urban greening should consider humidity and airflow for effective cooling, emphasising climate-responsive strategies over one-size-fits-all approaches.
Indian stock markets are expected to remain highly sensitive to geopolitical developments, particularly the US-Iran situation, and crude oil prices this week, with analysts also highlighting the influence of the rupee-dollar trend, foreign investor activity, and upcoming inflation data.
'India's security challenges are no longer confined to the Line of Control or the Line of Actual Control.'
'They also span cyber networks, economic systems, information warfare, technology ecosystems, maritime routes, and internal social cohesion.'
"Our strategy has always been to focus on volume-led penetration growth," said Manish Tiwary, chairman and managing director, Nestle India.
'So far our production is not affected. But every day the situation prolongs, it does bring risks in terms of shipments getting delayed.'
S&P Global Ratings projects India's economy to grow at 6.3 per cent even if crude oil prices average USD 130 per barrel in the current fiscal year, highlighting the nation's resilience amidst the West Asia crisis and strong commitment to fiscal consolidation.
Ask rediffGURU and PF, MF and insurance expert Purshotam Lal your mutual fund, insurance and personal finance-related questions.
'At the first sign of real trouble, that money will move. There will be a run.'
External Affairs Minister S Jaishankar has emphasised India's commitment to safe maritime transit and condemned attacks on merchant shipping amidst the ongoing West Asia conflict and global energy market disruptions.
India's online retail market concluded 2025 with electronic retail (e-retail) gross merchandise value (GMV) reaching $65-66 billion, a 19-21 per cent increase, according to a report by Bain & Company and Flipkart. This growth is significantly driven by GenZ shoppers and the rapid expansion of quick commerce, which has emerged as a global leader.
India's two-wheeler market is on the cusp of a significant transformation, with electric scooters projected to surpass motorcycles in volume terms within the next decade, driven by urbanisation, increased female workforce participation, and the accelerating shift towards electrification, according to an Equirus Securities report.
The Confederation of Indian Industry (CII) has urged the Indian government to gradually restore the Rs 10-per-litre cut in special additional excise duty on petrol and diesel over six to nine months. This move aims to relieve pressure on government finances as crude oil prices stabilise, without significantly impacting consumer sentiment.
The Indian government has announced the replacement of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) with the Viksit Bharat Guarantee for Rozgar and Ajeevika Mission (Gramin), or VB-G RAM G Act, 2025, effective July 1. The new scheme aims to expand guaranteed wage employment and link it more closely with infrastructure development and climate resilience, but faces concerns from opposition parties and labour rights activists.
A US-sanctioned tanker carrying Iranian crude oil has rerouted mid-voyage from its previously indicated destination of India to China, raising questions about payment issues and the future of India's Iranian oil imports.
Veteran Congress leader Mani Shankar Aiyar has criticised his party's decision to ally with the TVK in Tamil Nadu, calling it 'dreadful' and 'low political opportunism'. He fears it could facilitate the entry of the BJP into Tamil Nadu's Dravidian political landscape.
As Vijay prepares for his next innings as chief minister of Tamil Nadu, he would do well to learn from the life lessons of NTR.
Proposal forms are often filled by the agent. Check the form after it is filled.
The Supreme Court of India has issued a series of nationwide guidelines aimed at improving road safety on national highways, addressing issues such as illegal parking and accident blackspots.
'In India's case, an extended earnings slowdown accompanied by rich valuations have dimmed returns since late 2024.'
IPL chairman Arun Singh Dhumal explains the reasons behind shifting the IPL final from Bengaluru to Ahmedabad, citing higher seating capacity and an ICC board meeting.
May is set to be a busy month for smartphone enthusiasts with Vivo, OnePlus, and Oppo all gearing up to launch new flagship devices, including the Vivo X300 Ultra with its advanced ZEISS camera, the OnePlus Nord CE6 featuring a powerful Snapdragon 7s Gen 4 chipset, and the Oppo Find X9 Ultra boasting a stunning flexible AMOLED display.
India's peak power demand is projected to hit 270 GW this summer, surpassing last year's record of 250 GW.
'A genuine tribute to Dr Ambedkar does not lie in selective invocation. It lies in asking a harder question: Is the Constitution still doing its job -- restraining even assertive majorities?' asks Manoj Mohanka.
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