A savings or current account with no customer-induced transaction for more than 24 months is classified as inoperative.
Indian Grandmaster Arjun Erigaisi has voiced significant reservations regarding a proposal by World Chess and FIDE to convert online rapid and blitz ratings into official FIDE ratings. He highlights fundamental integrity issues, such as mouse slips and the lack of physical supervision in home-based online play, making it difficult to ensure fair play. Erigaisi also commented on World Champion D Gukesh's recent form and dismissed the idea that AI diminishes creativity in chess.
The Reserve Bank of India's concessional swap facility, designed to boost foreign currency inflows, has successfully attracted USD 40.82 billion by July 31, 2026, with a significant portion coming from Foreign Currency Non-Resident (Bank) deposits.
Keeping KYC information accurate and current should, therefore, be seen not merely as meeting a regulatory requirement, but as an important part of safeguarding one's own financial identity and safety, explains RBI Deputy Governor J Swaminathan.
What makes the tiger the undisputed king of the jungle?
India's foreign exchange reserves have surged by $3.825 billion to reach $700.946 billion as of April 10, marking a significant milestone for the country's financial stability.
The Reserve Bank of India (RBI) has extended the implementation date for its revised loan recovery and agent engagement directions to January 1, 2027, from the previously proposed October 1, 2026, following stakeholder feedback.
India's trade deficit reached a six-month high of $31.98 billion in July, driven by a sharp increase in imports, particularly crude oil, electronic goods, coal, and fertilisers. Both merchandise exports and imports recorded their second-highest levels during the same period.
While the latest trigger for him stepping down could be the uncertainty around his renewal as a director at the AGM, which is otherwise a routine matter, Chandra may have been contemplating quitting for some time now because of the overall turbulence with the principal shareholder on the leadership issue.
The Reserve Bank of India (RBI) maintained its key policy rates for the fourth consecutive time, keeping the repo rate at 5.25 per cent, while the benchmark BSE Sensex closed 152 points higher in a volatile session, recovering from an intraday dip.
Manas Dhamne has received his first call-up to India's main Davis Cup squad for the Qualifiers Round 2 tie against South Korea in Seoul on September 18-19, joining a core team that recently secured a historic win over the Netherlands.
India's foreign exchange reserves saw a significant drop of USD 7.794 billion, settling at USD 690.693 billion for the week ending May 1, as reported by the RBI, reflecting the impact of global events and central bank interventions.
Former Australian hockey legend Jamie Dwyer believes the Indian team possesses the talent and infrastructure to become a dominant force in world hockey but stresses that 'they need to maintain consistency as a team' to realise their true potential.
Former Pakistan fast bowler Shoaib Akhtar believes he could have achieved 400 Test wickets under the captaincy of Imran Khan, reflecting on his career, his relationship with Wasim Akram, and the immense physical toll his express pace bowling took on his body.
The Reserve Bank of India (RBI) has maintained its benchmark policy rate at 5.25 per cent for the fourth consecutive meeting, prioritising clarity on inflation trends, particularly concerning energy costs and geopolitical developments.
Indian benchmark indices Sensex and Nifty saw declines in early trade, primarily due to elevated crude oil prices stemming from the unresolved geopolitical situation in the Strait of Hormuz. Analysts suggest that while global sentiment improved slightly after a benign US inflation report, the ongoing US-Iran standoff continues to exert pressure on domestic equities. Track Sensex, Nifty on August 13.
India is significantly expanding its crude oil sourcing to Latin America, with Venezuela emerging as a major supplier, as geopolitical disruptions in the Middle East and the Strait of Hormuz compel the world's third-largest oil consumer to diversify its energy supplies.
'They want to sabotage the caste census and bury Muslim backward classes, Hindu backward classes, Sikh backward classes and Buddhist backward classes.'
The Supreme Court has urged the CBSE to reconsider the implementation of its three-language policy for Class 9 students, emphasising that children should not be subjected to undue pressure. The court highlighted concerns about infrastructure, the starting point of the policy, and the definition of 'native' languages.
On India's 80th Independence Day, a photo feature by Pravin Talan and Rupali Talan offers a compelling look into the challenging lives and rigorous training of India's armed and security forces, from the snow-capped mountains of Kashmir to the dense forests of Gadchiroli.
Indian benchmark indices, Sensex and Nifty, opened in positive territory, primarily driven by a strong performance in IT stocks, sustained foreign fund inflows, and a dip in global crude oil prices, despite a hawkish stance from the US Federal Reserve. Track Sensex, Nifty on July 30.
Parliamentary Affairs Minister Kiren Rijiju met Leader of Opposition Rahul Gandhi to discuss resolving the persistent deadlock in the Lok Sabha's monsoon session, focusing on the Delimitation Bill and FCRA Bill, though no immediate commitment was secured from the Congress leader.
The Supreme Court on Wednesday came down heavily on the Indian Coast Guard (ICG) for not granting permanent commission to a female officer, saying "we will not allow women officers to be humiliated".
Chief ministers from southern states convened at the Southern Zonal Council meeting in Kovalam, where Karnataka CM DK Shivakumar advocated for the 1971 census as the basis for delimitation and a freeze on Lok Sabha seats, while also addressing the contentious Cauvery water and Mekedatu dam issues.
India's foreign exchange reserves increased by USD 964 million to USD 675.157 billion in the week ending July 10, according to the Reserve Bank of India.
The Jharkhand government has cancelled 44 recruitment examinations conducted by the state Public Service Commission (JPSC) and an outsourced agency since 2014, including the JSSC Combined Graduate Level (CGL) examination, following a 25-day student agitation over alleged irregularities. This decision has led to protests from around 2,000 candidates who had already been appointed to various state government departments after clearing the JSSC-CGL exam.
Cases of suicides in the country's largest paramilitary force, Central Reserve Police Force, recorded their highest number at 59 in 2025 over the last five years, with staffers in the constabulary comprising more than 80 percent of those who ended their lives, official sources said on Thursday.
On World Photography Day, Arun Khanna pays tribute to this year's theme, Home, with a photo essay on Nature's master nest-maker -- the Baya Weaver Bird.
Economists highlight that resolving domestic policy bottlenecks, particularly through land reforms and improving the ease of doing business, will be critical for Prime Minister Narendra Modi's 'next-generation reforms' and India's economic transformation towards its 'Viksit Bharat' vision for 2047.
Bank fraud is no longer just an external cyber threat -- insiders with legitimate access can exploit banking systems, trusted credentials and institutional blind spots to quietly siphon money.
Eight Assistant Commandant-rank officers of the CRPF have been issued show-cause notices for allegedly declining an official lunch hosted by a senior IPS officer during a training course in Madhya Pradesh. The force views this as insubordination, and further disciplinary action is expected after their explanations are reviewed.
The Centre has announced the awarding of 1057 Gallantry and Service Medals to personnel from Police, Fire Service, Home Guard & Civil Defence, and Correctional Services on Independence Day, recognising their exceptional bravery and distinguished service.
Researching Japan was like going down a rabbit hole. There is just so much to see and do, but I finally decided we would stick to the 'Golden Route' of Tokyo, Osaka and Kyoto, notes Radhika Mittal.
'The anger among the PoK public is unlikely to subside against Pakistani State in the near future.'
"Our endeavour is to bring headline inflation in line with the target over the medium term," said RBI Governor Sanjay Malhotra, addressing concerns about the central bank's policy stance and economic outlook.
Former India women's hockey captain Asunta Lakra has formally challenged the ethics proceedings initiated against her by Hockey India, citing procedural irregularities and questioning the Ethics Committee's jurisdiction. Lakra denies all allegations as "false, baseless, malicious, motivated and defamatory," and highlights issues with the committee's constitution and the incomplete documentation provided. This challenge comes amidst a broader context of sexual harassment allegations in Jharkhand hockey and institutional intimidation claims.
The Delhi High Court has ordered the winding up of Paytm Payments Bank Limited (PPBL) following the Reserve Bank of India's cancellation of its banking licence due to non-compliance and concerns over depositor interests.
The Supreme Court has directed the Central Bureau of Investigation (CBI) to examine all six allegations of financial irregularities levelled by the Enforcement Directorate against Sameer Gehlaut, former chairperson of Indiabulls Housing Finance (IHFL), and five corporate groups, following repeated criticism of investigating agencies for lack of progress.
The All India Football Federation (AIFF) is in a difficult situation regarding India's participation in the inaugural FIFA ASEAN Cup and a proposed friendly against Brazil, as both events clash on October 3. FIFA regulations prohibit fielding an understrength team in a sanctioned competition, forcing the AIFF to seek clarification from FIFA on its plan for separate squads.
Jammu and Kashmir Chief Minister Omar Abdullah has renewed his call for the restoration of special status and statehood to the region, asserting that the decision to accede to India 80 years ago was correct. He highlighted the importance of upholding India's federal structure and suggested that if Article 370 hadn't been revoked, PoK residents might be seeking reunification. Abdullah also criticised centralised governance models, arguing they erode state autonomy.
