Reserve Bank of India (RBI)Governor Sanjay Malhotra on Friday said it was not the regulator's job to take decisions for bank boards, speaking in the context of the wide range of enabling reforms announced for lenders during the October monetary policy review, and emphasised that financial stability remained the regulator's focus.
If he cannot do it this term by using his bureaucracy and experts from different fields, it will be a tragedy, asserts Ramesh Menon.
India and Pakistan have managed to "break the ice" on the Asia Cup trophy dispute and will work towards finding a plausible solution in the coming days, BCCI secretary Devajit Saikia said.
India said it is broad-basing and diversifying sourcing of petroleum product to meet market conditions.
India's housing finance sector is riding a wave of post-pandemic revival, driven by policy support, digital innovation, and growing demand from younger homebuyers in emerging cities.
'Pakistan does not have the capacity to fight a war with us. They do not want to fight a war. It does mischief as per its policy of 'bleed India through a thousand cuts'
'We sent just 500 people from India to the US on H-1B visas. There is no dependence on H-1B visas.'
The Supreme Court has sought the Centre's response on a plea seeking the implementation of the 2023 Nari Shakti Vandan Act, which reserves one-third of seats for women in the Lok Sabha and state assemblies.
Pakistan captain Shan Masood gave a vote of confidence to his country's controversial policy of preparing slow, spinning wickets for home Tests, even after it backfired on Thursday and they lost the second Test to South Africa.
Two senior leaders of the banned CPI (Maoist), including a Central Committee Member underground for over four decades, surrendered to Telangana police, citing health issues, pressure from security forces, and ideological differences.
The workforce reduction is part of a larger effort to rein in expenses, reverse pandemic-era over-hiring, and boost efficiency.
The Delhi High Court has granted the Enforcement Directorate a final opportunity to argue against the bail granted to Arvind Kejriwal in the excise policy-linked money laundering case, following objections from Kejriwal's counsel regarding repeated adjournments.
With the Union Budget three months away, major industry chambers have submitted to the government proposals on common taxes, seeking simpler compliance and a quicker resolution of tax disputes.
Facing mounting opposition to the introduction of Hindi language in Maharashtra schools from classes 1 to 5, the state cabinet on Sunday decided to withdraw two GRs (government orders) on the implementation of the three-language policy.
After a year of modest returns, equity investors may anticipate gains of 10-15 per cent in Samvat 2082, which began on October 21. Although valuations have moderated from their peaks a year earlier, they remain above long-term averages, potentially limiting sharp upsides.
A deep dive into Trump's new policy and what it means for Indian professionals and companies.
The technology major confirmed that a 'low single-digit percentage' of its 270,000 employees would be affected in the fourth quarter of 2025.
CERC, which has a key role in India's power sector, has also set up a committee to gather further evidence in the matter and take suitable action.
India's new climate pledge to the UN could be weakened by its growing use of coal, even as the country plans a 2035 roadmap to cut emissions and boost clean energy.
Govt's new sports policy to encourage Indian-origin athletes abroad to represent country
Ahead of the key meeting called by the steel ministry with the industry captains on Monday to discuss the impact of rising steel imports, companies have raised the issue of cheaper 'substandard' inflows from China, Vietnam, and South Korea, saying they are setting the benchmark for domestic prices and squeezing the profitability of Indian producers.
'Everyone involved in this transaction must be punished and penalised.'
While the economy will wait for a rate cut in December, the banking industry should be happy with the wave of liberalisation -- a big push for growth in bank credit, points out Tamal Bandyopadhyay.
India responds to US President Trump's claim that PM Modi assured him of halting Russian oil imports, stating it is diversifying energy sources to meet market conditions and safeguard consumer interests.
'The steel industry has a multiplier effect on direct and indirect employment, national security on the supply chain, technology access etc.'
Prime Minister Narendra Modi criticized the Congress party, alleging that the dropping of important stanzas from the national song 'Vande Mataram' in 1937 sowed the seeds of partition. He made these remarks during the inauguration of the year-long commemoration of 'Vande Mataram'.
As a protege of Shinzo Abe, Takaichi is expected to scale bilateral ties much higher. Trade and investment shall grow. People-to-people contacts shall be scaled up, points out Dr Rajaram Panda.
The share of services in gross value added (GVA) in 2023-24 was the highest in Chandigarh (88.8 per cent), followed by Delhi (84.1 per cent), said a NITI Aayog report released recently.
The Reserve Bank of India (RBI) on Wednesday kept its policy interest rate unchanged at 5.5 per cent for the second consecutive time, citing concerns over tariff uncertainties.
Oman will replace Pakistan in the FIH Men's Junior World after the latter withdraw from the tournament to be held in Chennai and Madurai from November 28 till December 10, the International Hockey Federation (FIH) confirmed on Wednesday.
Elections for municipal councils and nagar panchayats in Maharashtra are scheduled for December 2, according to the State Election Commissioner. The schedule for other local bodies will be announced later.
Over 70 scientists, environmentalists, and former bureaucrats are urging the Indian government to reconsider the Great Nicobar Island project, citing environmental and social concerns.
210 Maoist cadres, including a Central Committee member, surrendered to authorities in Chhattisgarh's Jagdalpur, marking the "largest mass surrender" in the state's anti-Naxal operations. The surrendered Naxalites carried a collective bounty of Rs 9.18 crore and handed over 153 weapons. Chief Minister Vishnu Deo Sai hailed the development as a historic moment for Chhattisgarh and the nation.
Study abroad experts explain how Canada, Australia, Germany, France and Dubai are redefining global education.
'He knew the world's eyes were on him, and he had to speak directly to the fears that immigrants in New York feel right now.'
The Kerala government will review the implementation of the Centre's PM SHRI scheme in the state following controversies and concerns. A cabinet sub-committee has been formed to study the scheme, and further proceedings are on hold pending the committee's report.
'This is an area where good lending can happen, and that is one of the priorities for the next quarter.'
In an event-heavy week, stock investors will track ongoing quarterly earnings, the US Federal Reserve's interest rate decision, and macroeconomic data for market direction, analysts said. Moreover, progress in India-US trade negotiations will remain a key focus for investors, an expert said.
'We should not look at him as a representative of the Indian community, especially now that he is the mayor of New York. What is important is the value he upholds, which are general values that liberals across the world would believe in'
Those who have binged on credit must spend less, cut discretionary expenses, and focus on repayment.
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