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.
Explore the infectious allure of A R Rahman's timeless item numbers, from the classic Rukmani Rukmani to his latest hit Hellallallo.
Five prominent temples and government establishments in Punjab received a bomb threat email, triggering a security alert. The email, which referenced Operation Blue Star, is being investigated by cyber teams, though it is suspected to be a hoax. Security has been tightened across the state.
'Today, we see people go on ChatGPT to ask 'can you plan my holiday' and then they have to go outside of the ChatGPT window to make all the bookings and so how can we complete that really high-intent use case that a user has come to ChatGPT with and help them complete that all the way within the chat GPT window.'
Manav Suthar starred on Test debut with figures of 6 for 33 as India bowled out Afghanistan for 152 and enforced the follow-on. The Rajasthan spinner registered the second-best bowling figures by an Indian on Test debut.
Twenty rebel Trinamool Congress Lok Sabha MPs have merged with the obscure Nationalist Citizens Party of India (NCPI), a move seen by political observers as a strategic way to support the BJP-led NDA without immediately joining the saffron party and bypassing legal complexities.
"We're very close. I would say an agreement would be signed on Monday, Tuesday or Wednesday of this coming week. And now this takes place," Trump told Fox News.
A history-sheeter, Shyamkumar, has been arrested in Thiruvananthapuram for allegedly assaulting a father and son after they questioned him for blocking a road. The victims sustained injuries, and police have registered an attempt to murder case, with plans to invoke the Kerala Anti-Social Activities (Prevention) Act (KAAPA) against the accused due to his criminal background.
A CISF constable in Mumbai became a victim of cyber fraud when his mobile phone was allegedly hacked, leading to Rs 95,668 being siphoned from his bank account. Police have registered an FIR and are investigating the incident, which involved the phone resetting and apps deleting automatically before the unauthorised transaction.
Gaganjeet Bhullar leads a strong contingent of Indian golfers, including Pukhraj Gill and Karandeep Kochhar, at the USD 500,000 IGPL Bharath Classic in Morocco, where a win offers a full card to the main Tour and opportunities for the International Series.
Trinamool Congress MP Abhishek Banerjee's Kolkata residence was raided by police and central forces for over four hours in connection with a financial fraud case, targeting his close aide Sumit Roy, whose mobile phone was last traced to the property.
West Bengal police, supported by central forces, conducted a four-hour predawn raid on TMC MP Abhishek Banerjee's Kolkata residence in connection with a financial fraud case involving his aide, Sumit Roy. The operation, which Banerjee claims involved forced entry, has been denounced by the TMC as "political vendetta" and comes as Banerjee faces multiple investigations from various agencies, further escalating political tensions in the state.
A significant parliamentary revolt within the Trinamool Congress (TMC) has emerged, with purported signatures of 19 MPs on a letter to the Lok Sabha Speaker seeking recognition as a separate bloc under Kakoli Ghosh Dastidar and extending support to the BJP-led NDA.
'Even lower middle class parents in cities opt for just one child. A son is a must.'
Petrol and diesel prices in India have seen their fourth increase in less than two weeks, pushing cumulative hikes to nearly Rs 7.5 per litre since May 15, reaching their highest levels since May 2022. This surge, driven by global crude oil costs and the Iran conflict, is expected to exacerbate inflationary pressures and raise transportation costs across the economy.
The Indian cricket team has fallen to sixth place in the latest World Test Championship (WTC) rankings after Bangladesh's series win against Pakistan.
Iran's Islamic Revolutionary Guard Corps (IRGC) has claimed to have targeted and destroyed hangars of F-35 fighter jets and struck 21 American air and naval bases across West Asia and the Gulf region, including the US Army's command and control centre at the Al-Azraq base in Jordan and the US Fifth Fleet headquarters in Bahrain.
Indian benchmark indices Sensex and Nifty experienced a significant slump in early trade, mirroring a sharp decline in global equities and a fresh spike in crude oil prices, exacerbated by simmering tensions in West Asia and a global unwinding of the AI-led rally. Track how sensex, Nifty fared on June 8.
The US Central Command (CENTCOM) confirmed striking the Guinea-Bissau-flagged oil tanker MT Jalveer, carrying 20 Indian seafarers, in the Gulf of Oman for allegedly violating the US blockade against Iran. This incident marks the third commercial vessel attacked by US forces in the region this week, with three Indian seafarers previously losing their lives in an attack on the MT Settebello.
Kerala is facing increased inflationary pressure due to recent hikes in petrol and diesel prices, according to Chief Minister V D Satheesan. The state's economy is also impacted by the decline in remittances from the Gulf and higher oil prices.
Leader of Opposition Ritabrata Banerjee claims 64 dissident TMC MLAs have submitted their names to the Speaker, constituting over two-thirds of the party's Assembly strength, and has called for a floor test to verify their claims of support amidst a widening split within the Trinamool Congress.
Rohit Sharma joined India's white-ball nets in Mohali on Wednesday and remained the box-office attraction despite the presence of young and emerging stars.
The Central Bureau of Investigation (CBI) has arrested Gyanendra Pratap Singh alias Monu, a history-sheeter from Ballia, Uttar Pradesh, in connection with the murder of Chandranath Rath, a former associate of West Bengal Chief Minister Suvendu Adhikari. Singh, who faces multiple criminal cases, was taken into custody from Mau jail and transported to Kolkata for further investigation.
The asymmetry in deposit and credit growth is the biggest challenge before the Indian banking industry. For every 100 deposit that a bank mobilises, it needs to keep 3 with the banking regulator in the form of cash reserve ratio on which it doesn't earn any interest. Another 18 is used for buying government bonds (statutory liquidity ratio). This means, a bank is left with 79 for giving credit. Add to this, its capital which can be used for giving loans. Most banks are facing a fund crunch. They need to find ways to attract deposits if they want to sustain credit growth, explains Tamal Bandyopadhyay.
Indian government agencies and private sector firms have secured access to Anthropic's advanced AI model, Mythos, through Project Glasswing. This initiative aims to enhance cybersecurity by identifying software vulnerabilities in critical infrastructure. Anthropic has also urged a moderated pace of AI development due to potential societal risks.
Abhijeet Dipke, founder of the online movement Cockroach Janta Party (CJP), arrived in Delhi on Saturday ahead of a planned demonstration at Jantar Mantar, and urged supporters to maintain discipline and ensure that the protest remains peaceful.
St Stephen's College has appointed Susan Elias as its 14th principal, despite objections from Delhi University (DU) regarding alleged violations of University Grants Commission (UGC) regulations. Elias is the first woman to hold the position in the college's 145-year history.
Leader of Opposition Bhupinder Singh Hooda has called for a special session of the Haryana Assembly to address the state's deteriorating law and order situation. Citing central government and NCRB reports, Hooda highlighted Haryana's unsafe status, high organised crime rates, and alarming statistics on rapes, murders, and suicides, alleging the BJP government's negligence.
Explore Kangana Ranaut's remarkable cinematic journey from her impactful debut in Gangster to her career-defining role in Queen.
An industrial accident at the Rashtriya Ispat Nigam Ltd (Vizag Steel Plant) in Visakhapatnam resulted in the deaths of at least six workers after molten iron spilt on them. Authorities are investigating the incident, and rescue operations are underway.
The main accused in the Kerala Lottery Welfare Fund fraud case, Sangeeth, has claimed he burnt Rs 6 crore in cash, consisting of demonetised Rs 500 and Rs 1,000 notes, after being unable to use them. He is accused of embezzling Rs 14 crore from the welfare fund, prompting a forensic investigation.
The Kuwaiti Army reported intercepting hostile missile and drone attacks, while tensions escalate between the US and Iran with reported strikes and confrontations near the Strait of Hormuz.
US President Donald Trump has cautioned Israeli Prime Minister Benjamin Netanyahu that Israel risks international isolation if it resumes extensive military operations against Iran, following a volatile 24-hour period of escalating cross-border hostilities.
Delhi Police have arrested the cook of a south Delhi hotel where a fire killed 21 people, alleging his negligence contributed to the blaze. The ongoing investigation is also scrutinising safety violations, unauthorised expansion, and the roles of the owner and an absconding associate in the tragedy.
St Stephen's College has scheduled the commissioning and installation service of its newly appointed principal, Susan Elias, despite an ongoing dispute with Delhi University over alleged non-compliance with UGC regulations.
The ICC board has formed a committee to assess the impact of the growing franchise cricket leagues on the international cricket calendar, aiming to strike a balance and prevent disruption.
The smiling axolotl is everywhere at the World Cup in Mexico City. But behind the colorful murals and mascot statues lies a troubling reality: scientists say the critically endangered amphibian is becoming increasingly difficult to find in the wild.
Petrol price has been increased by 87 paise in Delhi from Rs 98.64 to Rs 99.51 per litre. Diesel rates have gone up by 91 paise from Rs 91.58 to Rs 92.49.
A fresh controversy has erupted within the Trinamool Congress (TMC) regarding the leadership of its legislature party, as documents purportedly from two MLA meetings on May 6 and May 19 have surfaced on social media. Rebel Leader of Opposition Ritabrata Banerjee has questioned the authenticity of these documents, which list MLAs' attendance and support for the election of the leader of the opposition, amidst ongoing allegations of signature forgery.
The EC also underlined that for electors whose enumeration forms have not returned, the Booth Level Officers (BLOs) would identify a probable cause, such as absent, shifted, dead and duplicate entry based on an inquiry from the nearby electors and would note the same.
