Reserve Bank of India Governor Sanjay Malhotra has stated that the rupee may be 'undervalued' by many estimates and assured that the RBI will work to ensure its stability and help it find its 'correct value' amidst recent depreciation.
India has strongly rejected a UN special rapporteur's report describing the Dawood Ibrahim-led D-company as an "India-based" criminal group, flagging "glaring inaccuracies" and cautioning against such incompetence. First Secretary Raghoo Puri stated that Dawood Ibrahim fled India much before his 2003 listing and is wanted in India for terror attacks since 1993, residing in the same country where Osama bin Laden was found. India also raised concerns about alleged bias in the report and funding allegations against the rapporteur.
Researchers at IIT Indore have developed HGAST, an AI tool designed to correct gender-specific errors in translations from English to Hindi, Marathi, and Gujarati. The tool acts as a correction layer, identifying and rectifying masculine verb forms often used by AI systems when translating female speech, significantly improving accuracy for female speakers without retraining existing models.
Iran has strongly rejected former US President Donald Trump's assertion that the Strait of Hormuz is 'NEW U.S. TERRITORY', with top officials warning that his 'delusions' would be 'corrected' and highlighting the gap between Washington's claims and its actual influence over the strategic waterway.
Higher US Treasury yields, particularly the 10-year yield approaching 5 per cent, pose a significant near-term risk to global equity markets, including India, potentially triggering a 'big correction' according to market strategists.
The UN General Assembly has adopted a resolution, backed by India, to correct the world map for a more accurate representation of continental landmasses. The resolution addresses the distortions caused by the widely used Mercator projection, which minimises the perceived sizes of regions like Africa, Latin America, and South Asia, promoting an unbalanced global view. India supports the move towards more accurate cartographic practices, specifically endorsing broader use of Equal Area map projections.
A 51-year-old convict, Sreenivasan, serving a life sentence for murder, was found hanging in his cell at Poojapura Central Prison in Thiruvananthapuram. Police registered an FIR and are investigating the incident. Sreenivasan had been diagnosed with cancer and was reportedly depressed.
A Delhi court has rejected the CBI's plea to alter charges against former DHFL CMD Kapil Wadhawan, former director Dheeraj Wadhawan, and businessman Ajay Ramesh Nawandar in the Rs 34,000 crore bank fraud case. The court stated it cannot review its own order of framing charges except for clerical errors and found no evidence for certain IPC sections.
The World Anti-Doping Agency (WADA) has upgraded the International Cricket Council (ICC) to Tier 1 under its prioritisation policy, primarily due to cricket's inclusion in the 2028 Los Angeles Olympic Games. Meanwhile, India continues to be placed in the top tier of signatories, facing the strictest scrutiny in WADA's Compliance Monitoring Program.
A sharp price fall alone does not justify averaging down.
The National Stock Exchange (NSE) has identified several compliance failures among brokers, including inadequate margin collection for margin trading facility (MTF) transactions, extending MTF against ineligible securities, and various lapses in handling client funds and cybersecurity protocols.
'Once this entire AI and tech driven euphoria in the Western markets sees a correction there will be a re-evaluation of the Indian equity market and inflows will resume.'
Indian benchmark equity indices, Sensex and Nifty, closed lower for the fourth consecutive session, driven by a surge in crude oil prices above USD 114 per barrel due to escalating tensions in West Asia, coupled with broad-based selling and FII outflows.
Indian equity benchmarks Sensex and Nifty experienced a decline in early trade, primarily due to a sell-off in power and metal stocks, mirroring a broader downturn across Asian markets. Elevated crude oil prices and firm US bond yields further dampened investor sentiment, while an expert warned of an impending correction in overvalued mid and small-cap segments. Track Sensex, Nifty on October 22.
Karnataka's final electoral roll, published on Tuesday, shows a significant reduction of nearly one crore voters following the Special Intensive Revision (SIR) process, bringing the total count to 4.55 crore from 5.54 crore.
Indian benchmark indices Sensex and Nifty saw a sharp rebound in early trade, driven primarily by a rally in IT stocks and a decline in crude oil prices, even as global markets faced selling pressure due to US inflation concerns. Track Sensex and Nifty on
Indian benchmark stock indices, Sensex and Nifty, rebounded significantly after a four-day losing streak, driven by value buying and strong performance in metal, telecommunication, and healthcare sectors.
'If you ask Prime Minister Modi prove you are Indian, as per the Election Commission's criteria, he may not be able to prove that he is an Indian.'
Here's a fun way to test your memory!
The Election Commission of India has told the Delhi high court that two voters, whose names were deleted from the electoral rolls after they could not complete the enumeration process during the Special Intensive Revision in the national capital, can fill Form 6 for redressal of their grievance.
Anup Bagchi has officially taken over as the managing director and chief executive of HDFC Bank, becoming the first outsider to lead the institution in its three-decade history. He steps into the role facing significant challenges related to core income growth and margins, and will focus on completing the merger with HDFC and engaging with stakeholders.
'My recommendation: Stay in your job. Don't make it your dream job for life.' 'Then use your nights, weekends and holidays to build something on the side -- something you're passionate about, something you'd love to do -- without putting any pressure on yourself to earn money from it from day one.' 'It may take six months, 12 months, maybe even two years, but it will unlock something you won't know how to value until you experience it.'
rediffGURU Dr Shyam Jamalabad, a dentist with nearly three decades of experience, offers tips on how you can maintain good dental hygiene.
'The priority of the government should be to use agricultural production for human beings first, and only after that for biofuel and such things.'
Coursera found that nearly 94 per cent of employers of professionals who took micro-credential courses on the platform said these professionals could command higher salaries than their peers.
Activists Prashant Bhushan, Anjali Bharadwaj, Yogendra Yadav, and Neha Bora have raised serious questions about the Election Commission's decision-making process for the nationwide Special Intensive Revision (SIR) of electoral rolls. They allege contradictions in the EC's statements, lack of transparency regarding decisions, concerns over centralisation of the electoral database, and unauthorised changes to Form 6, calling for greater accountability and disclosure of records.
Former India hockey captain Sardar Singh has highlighted the need for greater discipline and sharper man-marking for the Indian team to bridge the gap with top European sides and Australia. He acknowledged India's progress in ball possession and overall fitness but stressed the importance of disciplined play. Singh also commented on Pakistan's withdrawal from the Asian Champions Trophy and expressed confidence in India's chances as hosts.
Maharashtra's ruling Mahayuti bloc is embroiled in a blame game following its poor performance in the recent Legislative Council polls. The BJP has accused its ally Shiv Sena of non-cooperation, while Shiv Sena leaders defend their actions and one MLA even suggested reinstating Eknath Shinde as Chief Minister, drawing parallels with the Bihar political model.
'The Indian market has struggled over the past two years.' 'It peaked in September 2024, and although it has moved up and down since then, investors have not really made money.'
The Road Transport Ministry has updated the Central Motor Vehicles Rules 1989 to allow flex-fuel vehicles capable of running on up to E100 (nearly pure ethanol). These amendments include E100 alongside E85 for emission certification and raise the vehicle weight limit for light petrol and diesel vehicles. This move supports India's strategy to reduce crude oil import dependence, with major automakers already developing flex-fuel models for the Indian market.
Jio Platforms' Managing Director Akash Ambani has outlined an ambitious vision for the company's future, vowing to take it to new heights of growth and excellence while democratising technology across India, including space-based connectivity, following its blockbuster initial public offering.
Uttar Pradesh Chief Electoral Officer Navdeep Rinwa has responded to allegations of caste bias regarding erroneous voter slips, stating that computers and software are not inherently casteist. The controversy arose after an AAP MP highlighted a voter slip where "Ramhit Yadav" was translated to "Ram ne Yadav ko Maara." Rinwa explained that the software, designed for transliteration, sometimes incorrectly translated names, causing these errors. Authorities are investigating the issue and taking steps to prevent recurrence, while also cautioning against the circulation of forged voter slips.
Investor interest in precious metal exchange-traded funds (ETFs) rebounded sharply in June, with silver ETFs attracting an estimated 4,900 crore and gold ETFs around 2,900 crore in net inflows, following a significant correction in gold and silver prices.
Congress Parliamentary Party chairperson Sonia Gandhi announced her upcoming memoir, "Belonging: A Journey of Love," set for release on November 10. Gandhi, who recently joined social media, stated that the book will present her personal account, correcting past narratives. The memoir's publication has already sparked controversy, with HarperCollins India taking over after an "impasse" with Penguin Random House India, amidst allegations of external pressure regarding editorial content. The book will cover her life from childhood in Italy to her political journey in India, including family tragedies and key political decisions.
Indian mutual funds experienced a nearly 5 per cent growth in average quarterly assets under management (QAAUM) in the second quarter of FY27, reaching approximately ~87.2 trillion, despite significant equity market turbulence and corrections in largecap and some debt segments.
Here's a fun way to test your memory!
An Additional District and Sessions Judge has been arraigned as an accused after his 17-year-old son allegedly drove a Mercedes-Benz and killed a scooterist in Kochi. The incident led to protests, a transfer of the probe to the District Crime Branch, and a debate in the Keralam Assembly, highlighting concerns over police handling and parental responsibility.
'If the temperature remains very high, which is likely to be the case because of El Nino, it may lead to a shortfall in wheat production.' 'If that happens, we will be in a very, very difficult situation as far as food security is concerned.'
Indian benchmark stock indices, Sensex and Nifty, rallied significantly, with Sensex jumping over 1,500 points and Nifty reaching a nearly three-week high, driven by strong buying in banking, IT, and Reliance Industries stocks, alongside easing crude oil prices.
