* Repo rate reduced by 25bps to 5.25 pc; * 4th rate cut, totalling 125 bps, since February 2025; * MPC also decided to continue with neutral stance; * GDP growth forecast for FY26 raised to 7.3 pc from 6.8 pc;
The National Payments Corporation of India (NPCI) is set to consider linking the ATM interchange fee to the Wholesale Price Index (WPI), alongside a potential hike from the current 19 to 21-22, which could impact customer charges for transactions beyond the free limit.
Moody's Ratings has highlighted that Indian banks are among the most exposed in the Asia-Pacific region to the West Asia crisis, primarily due to India's high dependence on energy imports, which could lead to increased inflation, higher interest rates, and strained borrower cash flows.
The new Cabinet in Karnataka led by chief minister-designate D K Shivakumar is likely to be a small one with 10-14 ministers including some young faces, sources said on Tuesday. The top Congress leadership on Tuesday held day-long deliberations with outgoing chief minister Siddaramaiah and Shivakumar on giving final shape to the new cabinet in the state.
The greatest pleasure of Bandar is watching Bobby Deol let go of his vanity and submit himself to Anurag Kashyap's unflinching filmmaking, notes Mayur Sanap.
The Supreme Court has reserved its order on Congress leader Pawan Khera's plea for anticipatory bail in a case related to allegations against Assam Chief Minister Himanta Biswa Sarma's wife.
The Haryana BJP appointed Archana Gupta as its new president, making her the second woman to hold the position in over four decades. Gupta, a radiologist and current state general secretary, succeeds Mohan Lal Badoli.
Kerala Police have arrested eight people in connection with the violent attack on Enforcement Directorate officials who raided the residence of former Chief Minister Pinarayi Vijayan. The investigation is ongoing, and more individuals involved in the violence have been identified.
Security forces continue 'Operation Sheruwali' for the seventh day in Rajouri district, Jammu and Kashmir, to hunt down Pakistani terrorists, while another anti-terrorist search operation was launched in neighbouring Poonch district.
Compared with a year ago, the effective cost of studying abroad for Indian students has increased by roughly 10%-12% due to currency depreciation and rising living costs.
Credit card transactions in India have surged over 2.6 times between 2021 and 2025, driven by private sector banks, while debit card usage declines due to growing adoption of UPI and digital wallets, according to an RBI report.
'Present day youth are not interested in the past. They want to see what you are going to do now.'
Kerala Police have booked approximately 300 individuals following an alleged attack on Enforcement Directorate officials and security personnel after a raid linked to former Kerala Chief Minister Pinarayi Vijayan.
Veteran sports administrator and India's first shooting gold-medallist in Asian Games, Randhir Singh, has died at the age of 79. Leaders across the political spectrum have expressed their condolences.
The highest number of frauds was reported under the card, Internet, and digital payments categories in FY24 and FY25. 'Advances' accounted for the largest share (85.5 per cent) in FY26.
If you enjoy dark comedies, have even a passing understanding of the film industry, or simply recognise the absurdities of the world around you, then Mollywood Times emerges as one of the sharpest and most compelling love-hate letters written to Malayalam cinema, applauds Sreeju Sudhakaran.
Kerala Police have arrested 12 people in connection with the violent attack on Enforcement Directorate officials who had searched the residence of former Kerala Chief Minister Pinarayi Vijayan. The ED searches were linked to financial dealings between Vijayan's daughter's firm and a sand mining company.
The Madras High Court has reserved its order on an appeal filed by the CBFC, challenging a single judge's direction to grant a censor certificate to the Tamil film 'Jana Nayagan'. The case involves disputes over the film's content and the process of obtaining certification.
Veteran sports administrator and India's first shooting gold-medallist in Asian Games, Randhir Singh, died on Wednesday after battling age-related ailments. He was 79.
India Ratings and Research predicts the Reserve Bank of India (RBI) will maintain the repo rate at 5.25 per cent throughout FY27, despite potential inflationary pressures from higher fuel prices, with inflation expected to remain within the central bank's tolerance band.
India's retail inflation, measured by the Consumer Price Index (CPI), increased to 3.48 per cent in April, up from 3.40 per cent in March, primarily due to a surge in prices of gold and silver jewellery, as well as certain kitchen staples like tomatoes and cauliflower.
The government has released a set of FAQs to address concerns and clarify the details surrounding the Women's Reservation Bill, which aims to provide 33 per cent quota for women in legislatures.
A Bank of Baroda employee in Ahmedabad has been arrested for allegedly stealing Rs 8.7 crore from an RBI currency chest and laundering the money into properties and cryptocurrency.
The Chand Mera Dil trailer feels like the story has already spoiled itself with only an emotional payoff reserved for the actual film, observes Mayur Sanap.
Indian Grandmaster R Praggnanandhaa defeated Javokhir Sindarov in the second round of the Super Chess Classics. Other results from the round include victories for Maxime Vachier-Lagrave and Vincent Keymer, while Fabiano Caruana and Wesley So drew their respective matches.
A 45-year-old labourer working with the General Reserve Engineer Force (GREF) died after being crushed under a machine in Sikkim's Pakyong district.
A sub-adult tiger was found electrocuted and dumped in a well in Seoni district, Madhya Pradesh. The farmer who owns the well has been arrested. This incident brings the total number of tiger deaths in the state to 25 since January, raising concerns about wildlife protection.
Thirty-five BJP MLAs were sworn in as ministers as part of an expansion of the Suvendu Adhikari-led cabinet in West Bengal. The oath-taking ceremony took place weeks after Adhikari was sworn in as chief minister.
The Congress party in Haryana boycotted a special session of the state assembly, accusing the ruling BJP of using the platform for political propaganda related to a defeated Constitution amendment bill on women's reservation. The BJP criticised the Congress's move as anti-women.
Prime Minister Narendra Modi will address the nation tonight at 8.30 PM, a day after a bill to implement women's reservation in legislatures was defeated in the Lok Sabha.
Veteran sports administrator and India's first shooting gold-medallist in Asian Games, Randhir Singh, died on Wednesday after battling age-related ailments. He was 79.
Veteran sports administrator and India's first shooting gold-medallist in Asian Games, Randhir Singh, died on Wednesday after battling age-related ailments. He was 79.
Security forces in Chhattisgarh's Bijapur district have recovered a significant amount of cash, arms, ammunition, and explosives from Maoist hideouts in the forests during search operations.
The much-awaited board meeting of Tata Sons did not discuss listing of the holding company or a third term for Chairman N Chandrasekaran.
NITI Aayog member Gobardhan Das asserted that India possessed a rich scientific tradition that suffered setbacks during centuries of foreign domination, with its repository of knowledge systematically destroyed by invaders.
The Supreme Court granted interim bail to two Delhi riots accused, while addressing concerns about conflicting views on bail under the Unlawful Activities Prevention Act (UAPA). The court referred the question of law on whether prolonged incarceration can override UAPA restrictions to a larger bench.
Northern Army Commander Lieutenant General Pratik Sharma reviewed the ongoing anti-terrorist operation 'Sheruwali' in the Rajouri district of Jammu and Kashmir, focusing on operational dynamics and inter-agency synergy.
Baldev Singh, a hockey coach who transformed Shahabad Markanda into a hub for hockey talent, will be awarded the Padma Shri by President Droupadi Murmu on May 25.
A tiger cub was found dead in the core area of Madhya Pradesh's Kanha reserve, bringing the state's tiger death toll to 22 since January. The cub, aged between one to one-and-a-half years, was discovered in the Sargi region of the Kanha Tiger Reserve. Officials are investigating the cause of death, with initial indications suggesting starvation.
Indian stock markets experienced a significant sell-off, with the Sensex tumbling over 1,300 points, driven by escalating crude oil prices due to US-Iran tensions and Prime Minister Narendra Modi's call for austerity measures, which amplified investor concerns about India's economic outlook.
