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.
Google has removed the messaging app Telegram from its Play Store in India, with Apple expected to follow, in compliance with a government order aimed at preventing paper leaks during the upcoming NEET-UG re-examination on June 21. The government has also directed Telegram to temporarily disable its message-editing feature until June 30.
Mizoram's school education minister inaugurated the northeast region's first 'New Age Tech Skills Centre' at the Government Comprehensive Model School in Aizawl. The centre, established under Bharat Forge Limited's CSR initiative, will offer training in AI, robotics, IoT, 3D printing, CAD, CNC simulation, and drone technology.
'A film that puts a Malayali collector, a Malayali general, and a Malayali gangster all in the same national plot does not feel pan-Indian. It feels like a school play where only one family showed up,' notes Binu Alex after watching the Mohanlal-Mammootty starrer Patriot.
Even if there is an early agreement on a cessation of hostilities in West Asia, the price shock will not go away easily, points out A K Bhattacharya.
India's wholesale price index (WPI) inflation surged to 9.68 per cent in May, up from 8.26 per cent in April, primarily due to significant increases in the prices of fuel and power, manufactured goods, and food items.
Delhi must now purge the delusional hopes of being a 'counterweight' to China in the US calculus, argues Ambassador M K Bhadrakumar.
Brokerage Bernstein has warned Prime Minister Narendra Modi that India risks squandering recent economic gains unless it accelerates structural reforms, particularly in jobs, manufacturing and innovation.
'In all these years of rupee depreciation, of rising oil prices, of inflation caused by import dependence, not one leader had the courage to look the people in the eye and say: Please do this for your country.'
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.
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).
Adani Group Director Jeet Adani and Bharti Enterprises Vice Chairman Rakesh Bharti Mittal highlighted the importance of infrastructure, energy, and connectivity in shaping India's AI ecosystem, emphasising Visakhapatnam's potential as a major digital gateway.
India's newly formed Artificial Intelligence Governance and Economic Group (AIGEG) is set to advocate for a unified legal framework for AI companies, including developers of large language models and chatbot systems, alongside broader operational rules.
The RBI seems to be acknowledging that all deposits are not equal -- a deposit with a lower run-off assumption is inherently more valuable than one that could disappear overnight, points out Tamal Bandyopadhyay.
The University of Chicago has conferred its Alumni Award for Professional Achievement to India's former chief economic adviser Krishnamurthy V Subramanian, the first Indian economist to receive the honour since 1941.
The demerger of Vedanta's four new entities - Vedanta Aluminium Metal, Vedanta Oil & Gas, Vedanta Power, and Vedanta Iron & Steel - has led to a 16% appreciation in aggregated market capitalisation, with Vedanta Aluminium Metal identified as a likely near-term top performer due to its scale, low production costs, and favourable commodities cycle.
Recognising the growing use of AI/ML models by regulated entities across business and decision-making processes, the RBI said weaknesses in governance, oversight, risk management, and controls could expose institutions to financial, operational, compliance, and reputational risks.
The Wrestling Federation of India (WFI) has appealed to the Supreme Court against a Delhi High Court order that permits wrestler Vinesh Phogat to participate in the selection trials for the Asian Games 2026.
'Once the numbers come out, they fear that the OBCs would start to demand, and articulate what they are lacking, why they are lacking and what should be done to go forward.'
The Congress party has called on the BJP-led government to adopt a unified national approach to restore India's role as a voice for peace, criticising the government's foreign policy and its impact on India's global standing.
The Union Cabinet applauded Prime Minister Narendra Modi for becoming India's longest continuously serving elected Prime Minister, surpassing Jawaharlal Nehru's record. Modi first took office in 2014, was re-elected in 2019, and began his third consecutive term in June 2024.
Prime Minister Narendra Modi and US President Donald Trump are set to hold comprehensive talks focusing on a bilateral trade deal, defence cooperation, and energy and critical minerals sectors during the G7 summit in Evian-les-Bains, France.
The 'Return to Play Post-Pregnancy Guidelines' for female cricketers, outline a six 'R's framework: Ready, Review, Restore, Recondition, Return and Refine.
The Delhi High Court has allowed wrestler Vinesh Phogat to participate in the upcoming Asian Games trials, criticising the Wrestling Federation of India's selection policy for lacking discretion regarding iconic players returning from maternity leave.
Analysts predict that developments in West Asia, their impact on crude oil prices, and the trading activity of foreign institutional investors (FIIs) will be crucial factors influencing the Indian stock market this week.
The Reserve Bank of India (RBI) and the central government have introduced a package of measures, including tax exemptions for FPIs on government securities and a concessional foreign-exchange swap facility, aiming to attract up to $50 billion in foreign capital. This initiative is designed to strengthen India's balance of payments and potentially cover the projected BoP gap for FY27.
The Reserve Bank of India has increased its retail inflation projection for 2026-27 to 5.1 per cent, up from an earlier estimate of 4.6 per cent. This revision is primarily attributed to mounting input costs, driven by the pass-through of higher global energy prices to domestic petrol and diesel rates, which have seen significant increases since May.
The primary objective of introduction of polymer notes was to increase its life and not to combat counterfeiting.
Why would a country that requires close to $90 billion in net foreign capital annually to create jobs, build productive capacity, and sustain rapid growth permit $30 billion of capital to flow abroad, thereby contributing to pressure on the rupee? asks Debashis Basu.
Fitch Ratings has warned that India's oil marketing companies (OMCs) could face significant credit pressure if crude oil prices remain elevated, leading to eroded earnings and increased working capital needs due to delayed fuel price pass-through.
Ideology is dead; long live the numbers game that is being played with the sole intention of securing a two-third majority in the Lok Sabha for the NDA, observes Nilanjan Mukhopadhyay.
The Union Ministry of Home Affairs has formed a High-Level Committee on Demographic Changes to study the impact of illegal immigration and other factors on India's demographic landscape.
Indian stock markets extended their gains for a second consecutive session, with the Sensex closing 736 points higher, driven by a global equity rally and a significant drop in crude oil prices following the finalisation of a peace deal between the US and Iran to end their 107-day conflict and reopen the Strait of Hormuz.
Kerala Chief Minister V D Satheesan on Thursday hit out at the previous Left Democratic Front government, claiming that it had left behind huge liabilities, including Kerala Infrastructure Investment Fund Board borrowings, amounting to Rs 5.07 lakh crore.
'A recruiter has no legitimate basis to ask whether you are married, in a same-sex relationship or planning to transition,' says Sonam Chandwani, managing partner at KS Legal & Associates.
The National Rifle Association of India (NRAI) is conducting selection trials in Dehradun from June 6-10 for rifle and pistol shooters. These trials are crucial for selecting the Indian squad for the upcoming ISSF World Cup in Hangzhou and the Asian Games 2026 in Aichi-Nagoya, with top shooters vying for limited spots.
The Delhi High Court has approved wrestler Vinesh Phogat's participation in the Asian Games trials, criticising the Wrestling Federation of India's exclusionary selection policy.
The US government on Friday issued a new policy memo tightening rules for foreign nationals on temporary visas seeking permanent residency, stating that persons wanting a Green Card must return to their home country to apply, except in "extraordinary circumstances".
The Supreme Court has agreed to examine a plea challenging the CBSE's policy mandating the study of three languages, including two native Indian languages, for Class 9 students starting July 1. The court has sought responses from the Centre, CBSE, and NCERT and will hear the matter in July.
An innovation roadmap, a mechanism to double annual bilateral trade within next five years, and a joint artificial intelligence framework were among 13 outcomes to emerge from wide-ranging talks between Prime Minister Narendra Modi and President Emmanuel Macron on Sunday.
