The Reserve Bank of India's (RBI) Monetary Policy Committee's (MPC) decision to cut the repo rate by 50 basis points (bps) to 5.5% was contrary to the expectations of many economists. Firstly, most of the economists expected the MPC to cut the repo rate by 25 bps citing the weakening of inflation, prospects of economic growth, geopolitical uncertainty and comfortable system liquidity.
According to Misri's statement, Modi said he could not accept the invitation due to a pre-existing schedule, and invited Trump to visit India for the Quad Summit, likely later this year.
Pacers Jasprit Bumrah, Mohammed Siraj and the others found it difficult to generate the expected bounce on the used pitches. Reports indicate that deliveries barely rose waist-high, even when the bowlers hit the deck hard.
Since February 2025, the RBI has reduced the policy rate by 100 basis points. In its previous policy review in April, it had also trimmed the repo rate by 25 basis points to 6 per cent.
From the Sensex shares, IndusInd Bank jumped 7.12 per cent. Axis Bank, Adani Ports, Asian Paints, Bharti Airtel, State Bank of India and ITC were also among the gainers. Maruti, Infosys, Tata Motors, Larsen & Toubro, NTPC and Bajaj Finance were among the laggards.
This Women's Day Week, we pay tribute to the extraordinary courage, resilience, and leadership of three iconic Indian queens -- Rani Lakshmibai of Jhansi, Rani Chennamma of Kittur, and Maharani Ahilyabai Holkar of Malwa.
As a mark of respect, players and match officials will wear black armbands, and a minute's silence will be observed before the start of the match.
India's manufacturing sector growth fell to a 12-month low in December, as new business orders and production expanded at softer rates, a monthly survey said on Thursday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index was at 56.4 in December, down from 56.5 in November, indicating a weaker improvement in operating conditions.
After eight years, cricket gives another chance to Karun Nair
30% of Indian employees report experiencing daily stress in their workplace. This high stress level is compounded by anger, with 34% of Indian employees experiencing daily anger at work -- a figure significantly higher than many other countries.
Houses in low lying areas of Kerala were flooded in the heavy rains, while the accompanying strong winds uprooted trees, damaged homes and caused power disruptions, throwing normal way of life into disarray across the state.
Trading sentiment in the equity market will largely be driven by domestic corporate quarterly earnings, any update related to US tariffs and foreign fund movements this week, analysts said. Investors would also focus on world market trends, movement of global oil benchmark Brent crude and the rupee-dollar trend for further cues, experts noted.
Virat Kohli top-scored with a fluent 84 as India overpowered Australia by five wickets to storm into the ICC Champions Trophy final, in Dubai, on Tuesday.
IMAGES from the Champions Trophy Group A match played between India and Pakistan at the Dubai International Cricket Stadium, in Dubai on Sunday.
'Start learning. Start selling. Start building. The rest will follow,' says the Shark Tank India investor.
'We are Indians irrespective whether we are Punjabi, Gujarati, Bengali, Malayali or Tamilian.' 'I am the best example of this integration.'
Rahul expertly rotated the strike, absorbed pressure, and provided guidance to Gill as he neared his century.
IMAGES from the Indian Premier League match played between Sunrisers Hyderabad and Royal Challengers Bengaluru in Lucknow, on Friday.
'Unfortunately, India and Pakistan could learn a 'lesson' from this conflict that will make them more likely to use these weapons against each other in the future.' 'Rounds of missile and drone attacks could be more routine features of their hostility, just like artillery fire has become a familiar fact of life along the Line of Control.'
Amidst growing panic over Trump's ban on Harvard's international student enrolment, overseas education consultants have this advice for Indian students.
Amidst ongoing tensions with the ruling DMK government, Tamil Nadu Governor R N Ravi has invited Vice President Jagdeep Dhankar to inaugurate a meeting of state university Vice Chancellors in the Nilgiris district, sparking criticism from political parties, particularly the Left, who have urged a boycott. The meeting comes in the wake of the Supreme Court ruling in favor of the Tamil Nadu government regarding the appointment of Vice Chancellors, which has stripped the Governor of his previous authority as Chancellor. The Governor, however, maintains his right to convene the meeting, highlighting the ongoing power struggle between the Governor and the state government. The meeting is scheduled for April 25 and 26.
The visitor returns not just with the jewel-like beauty of the country imprinted on the mind, the body rejuvenated by hot stone massages, but also with the captivating stories and myths that are built into every important structure -- whether a tourist magnet or an off-the-beaten track spot.
The disbursement of the second tranche comes on a day when the International Monetary Fund is holding virtual discussions on Pakistan's upcoming budget, as the visit of its mission to Islamabad was delayed due to security concerns in the region.
Australia legend Steve Waugh believes under-fire Rohit Sharma can't afford to be 'complacent or relax' if he wants to continue serving Indian cricket.
Virat Kohli and Babar Azam shared a brief yet significant exchange before Pakistan began their innings.
As we continue our climb, I meet 59-year-old Pushpa Devi from Banaras. I stare at her in wonderment when she tells me this is her 45th visit to the temple. She is equally bewildered to hear this is my first visit!What is it that draws her here each year? 'Bas ek shabd hai. Shraddha. (There is just one word. Faith.)'
Krunal Pandya, Josh Hazlewood, and Sunil Narine emerged as rare bright spots-combining discipline, guile, and experience
Arathi Menon, a native of Kochi, recounts the terror attack in Kashmir's Pahalgam that killed her father, N Ramachandran, and 25 others. Menon, her father, and her six-year-old twin sons were walking through a fenced grassland in Baisaran when the attack happened. The family crawled under the fence to escape, but a man emerged from the woods and opened fire. Menon's father collapsed, and she fled with her sons into the forest. Despite the trauma, Menon found compassion from strangers who helped her, including her driver Musafir and another man, Sameer. Menon concealed the tragedy from her mother, pretending that Ramachandran was injured and receiving treatment. She only told her mother the truth after they landed in Kochi. The mortal remains of Ramachandran were brought to Kochi airport on Wednesday, and his final rites will be held at the Edappally public crematorium on Friday.
India has declared 2025 as the year of defence reforms, aiming to establish integrated theatre commands to enhance synergy among the three armed forces and transform the military into a technologically-advanced combat-ready force. The reforms will also focus on streamlining acquisition procedures, promoting collaboration, and leveraging emerging technologies like artificial intelligence and robotics.
An undated viral video of an Indian citizen dancing all the way to become a citizen of New Zealand has angered and divided netizens.
From the Sensex pack, Adani Ports, Tata Steel, Power Grid, Mahindra & Mahindra, NTPC, Tech Mahindra, Tata Motors, ITC, Nestle India, HCL Technologies, Bharti Airtel, State Bank of India, Asian Paints and Kotak Mahindra Bank were the gainers. Bajaj Finance, IndusInd Bank, HDFC Bank, and Zomato were the laggards.
Former Australia captain Michael Clarke has advised Rohit Sharma to change his position in the batting line-up to regain his touch in Tests
'My life has been quite difficult. I felt I could see it in words. I thought if everyone else can write, then I can too.'
Foreign direct investment (FDI) inflows into India have crossed the $1 trillion milestone in the April 2000-September 2024 period, firmly establishing the country's reputation as a safe and key investment destination globally. According to data from the Department for Promotion of Industry and Internal Trade (DPIIT), the cumulative amount of FDI, including equity, reinvested earnings and other capital, stood at $1,033.40 billion during the said period.
IMAGES from the 1st T20I played between India and England at Eden Gardens in Kolkata on Wednesday.
'A repo cut will be very good for the market as it will mean that everything is being done to spur growth in these uncertain times.'
Speaking about the tough phase he went through, Allahbadia said he doesn't consider it as a punishment.
High frequency indicators, like vehicles sales, air traffic, steel consumption and GST E-way bills, point towards a sequential pickup in momentum of economic activity during the second half of the fiscal 2024-25 and sustain moving forward, RBI Bulletin said on Wednesday. However, a strong dollar, driven by US economic resilience and trade policy pivots, could exacerbate capital outflows from emerging economies, push risk premiums higher, and intensify external vulnerabilities, said an article on 'State of the Economy' published in RBI's February bulletin.
The Tamil Nadu Assembly passed a resolution on Thursday condemning the Centre's proposed Waqf Amendment Bill 2024, calling for its recall. Chief Minister M K Stalin argued that the amendment interferes with religious affairs and would negatively impact the Muslim minority. The resolution was unanimously passed by the Assembly, with support from all parties, including the opposition AIADMK and PMK. The BJP, however, walked out in protest, accusing the ruling DMK of engaging in divisive politics. The bill aims to streamline the Waqf Board's work and ensure efficient management of Waqf properties but has been criticized for potentially encroaching on religious freedom and autonomy. The Tamil Nadu government claims that the amendment would lead to government control over the Waqf Board and its properties, impacting its autonomy and potentially allowing for government acquisition of Muslim-owned lands.
Among Sensex scrips, Bharti Airtel, Titan, NTPC, State Bank of India, ITC, Tata Steel, Mahindra & Mahindra and Tata Motors were the major laggards. Adani Ports, Infosys, Axis Bank, HCL Technologies, Tech Mahindra and IndusInd Bank were among the gainers.
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