Inflows into foreign currency non-resident (bank), or FCNR (B), deposits have significantly underperformed market expectations, leading to a more than 1 per cent depreciation of the rupee against the dollar this week. Analysts point to fading RBI support measures, tepid interest due to rising global bond yields, and narrowing interest rate spreads compared to 2013 as key challenges.
Chief Economic Adviser V Anantha Nageswaran has urged the industry to invest in skilling, capability development, and innovation to counter the challenges posed by artificial intelligence, particularly for Global Capability Centres (GCCs). He noted that while the government has supported GCCs through Budget measures like simplifying transfer pricing and promoting expansion into tier-II/III cities, industry must move beyond low-cost execution to thrive in an an AI-driven landscape. Nageswaran emphasised that AI displaces routine tasks, necessitating a focus on higher-value work and continuous skill enhancement to maintain India's competitive edge.
The Supreme Court will hear a plea from the Meghalaya government challenging the bail granted to Sonam Raghuvanshi, accused of murdering her husband during their honeymoon. The case hinges on a legal question regarding a typographical error in the arrest memo and whether it justifies bail in a murder case.
Nasscom has warned that India's technology workforce risks becoming merely AI-reliant rather than truly AI-native if deep engineering expertise is not preserved. The industry body highlights that while many professionals adopt AI, only a fraction are AI-native, necessitating a shift in academic and industry approaches to foster foundational skills and independent problem-solving.
One 97 Communications Ltd, operating Paytm, is set to issue its first bonus shares, following a landmark year of achieving its maiden full-year profit and gaining significant market share. The board will meet on July 20 to decide on the bonus issue, reflecting confidence in its financial strength and aiming to improve stock accessibility for retail investors.
Aamir Khan's comments that his 3 Idiots character Phunsukh Wangdu was not based on Sonam Wangchuk has triggered reactions from politicians, activists and social media users, with some accusing the actor of distancing himself from the educationist, who is currently on a hunger strike.
The live-action Moana faithfully recreates the original, but rarely captures its magic.
Police in Pune have registered a case against two officials of Antony Lara Renewable Energy Pvt Ltd following the collapse of a three-storey building at a waste-to-energy project, which resulted in nine deaths. The officials are booked for culpable homicide and negligence, as preliminary inquiries suggest a lack of safety measures despite heavy rains and the proximity of a large waste mound. The Maharashtra government has formed a high-level technical committee to investigate the incident and recommend preventive measures.
'I am not sure it will ever be made. Even if it is, I am not part of it.'
Nikita Dutta is bindaas, and doesn't shy away from any kind of question, no matter how controversial or personal it may appear. So yes, body shaming, going under the knife, casting requests, romance, her starry co-stars... she's got it all covered on The Rediff Podcast.
Spanish football coach Manolo Marquez has criticised the expansion of the FIFA World Cup, arguing it compromises quality and that countries like India should prioritise grassroots development over relying on increased qualification slots. He also highlighted the impact of naturalised players on international competition, citing his experience with the Indian team.
The Allahabad High Court has ruled that the Places of Worship (Special Provisions) Act, 1991, prohibits only the conversion of religious character but does not prevent the state from acquiring such properties for secular and public purposes. This observation came while dismissing a petition challenging the widening and beautification of the Dalmandi area in Varanasi for the Shri Kashi Vishwanath Dham corridor, which involved the proposed demolition of six ancient mosques.
France's World Cup semi-final defeat to Spain marks the end of Didier Deschamps' 14-year reign, with Zinedine Zidane widely expected to take over and lead a new generation of gifted players towards future global titles.
The math is mostly simple: The cheaper the MBBS seat, the easier it is to get into. The affordable seats are taken up by those well under AIR 100,000. But not in all states, says Ashok Hegde, founder, neet2seat.
'The order has no practical effect unless and until he chooses to enter Singapore.'
Tax treatment depends on the activity and manner of earning income.
Chelsea manager Xabi Alonso said he wants to see greater hunger and a desire to improve from his players as he prepares for his first Premier League season in charge.
IT major Tech Mahindra reported a 28.4 per cent increase in consolidated net profit for the June quarter, reaching Rs 1,465 crore, driven by broad-based growth across manufacturing and financial services, and expressed confidence in a positive demand environment for the rest of the year.
Bhanu Iyer from Bengaluru tells us about the simple habits and values that helped her marriage celebrate 15 years.
The Calcutta High Court has upheld a college's decision to deny an assistant professor appointment due to his social media posts, observing that the right to profess one's religion does not permit hurting others' faith. The court ruled that the college's decision was bona fide and in the institution's best interest, despite the candidate's claims of infringed freedom of speech and religion.
The monsoon session of Parliament will set the tone for how the Hindu community feels about what happened at the Ram Mandir. Whether emotions will be stirred within the voters of India lies solely at the oratory skills of the Congressis and Samajwadis, notes Zainab Sikander.
India has launched its first hydrogen-powered train, the 'Namo Green Rail', from Jind, Haryana, marking a significant step towards sustainable railway mobility. The 10-coach train, which emits only water vapour, is currently operating on the Jind-Sonipat route and represents a major technological advancement for the country's transport sector.
A central government committee has upheld the ban on the Diljit Dosanjh-starrer film Satluj, citing concerns over India's sovereignty and integrity, sparking political debate in Punjab.
Following India's commanding 270-run victory over England in the one-off Women's Test at Lord's, Indian skipper Harmanpreet Kaur expressed her strong desire for more Test cricket opportunities for women, stating, "Hopefully, we will get 10 more Test matches and we can keep performing."
Foreign Secretary Vikram Misri stated that the Indian government has no involvement or official support for Track 2 discussions on India-Pakistan ties, even when retired Indian officials participate. He clarified that such participants speak in their personal capacities and do not represent the government's views, and New Delhi does not take cognisance of these private events.
Larger NGOs could no longer work with smaller ones, especially those organisations working on the ground that had no means of or expertise in raising money themselves, reveals Aakar Patel.
The IDFC FIRST Bank MBA Scholarship 2026-28 is a need-based financial assistance program for students pursuing the first year of a full-time MBA course.
'As bacteria become increasingly resistant, preserving the effectiveness of existing antibiotics is everyone's responsibility.'
India is set to face England in the second ODI, aiming for a series victory, but concerns over Shubman Gill's fitness after he walked off injured in the first match, and Rohit Sharma's inconsistent batting form, are prominent. The team will also consider potential changes to the playing eleven.
After England's 2-1 World Cup quarter-final win over Norway, midfielder Jude Bellingham pushed back against manager Thomas Tuchel's "sloppy" performance assessment, highlighting the team's resilience and the challenging conditions. Despite the friction, Bellingham's two goals were crucial in securing England's semi-final spot, underscoring his vital role in the tournament.
The US Central Command (CENTCOM) has launched extensive precision strikes across multiple Iranian military installations, deploying both one-way attack aerial and sea drones for the first time, to degrade Tehran's ability to disrupt international maritime trade in the Strait of Hormuz.
Smriti Mandhana is more suited to lead India in the longer formats after Harmanpreet Kaur's tenure ends while the much younger Shafali Varma can be handed the reins of the T20 side following another pre-mature exit from the World Cup, former captain legendary Mithali Raj said.
The Gauhati high court observed that merely producing a number of documents does not automatically establish citizenship unless they are legally admissible and capable of proving the person's linkage to Indian ancestors.
Former India cricketer and ex-chief selector MSK Prasad has questioned the consistent dropping of Sanju Samson from the T20I squad, calling it a 'big mistake' given his strong performances, while also defending head coach Gautam Gambhir against early criticism for recent series losses.
Legal database platform India Kanoon has approached the Delhi High Court, challenging a single-judge order that recognised an individual's 'right to be forgotten' and directed the platform to de-index and disable 'name-based search functionality' for certain judicial orders.
In the throes of a financial crisis, the state's ruling Congress government has little to be triumphant about as Assembly elections approach next year, points out Aditi Phadnis.
Kuwait's air defence systems engaged 'hostile aerial targets', Jordan intercepted four missiles, and Bahrain sounded warning sirens after Iran launched retaliatory strikes targeting US military installations in the region.
The Tamil Nadu government has appealed to the Supreme Court against a Madras High Court judgment. The High Court ruled that individuals converting to Islam cannot claim reservation under the Backward Class (Muslim) category solely based on conversion, striking down a state Government Order that allowed such benefits.
As Qatari negotiators travel to Iran in an effort to ease tensions and create conditions for the resumption of US-Iran talks following the recent military escalation between them, US President Donald Trump on Friday said that Washington has agreed to continue talks with the Islamic Republic following Tehran's request but reiterated that the US still considers the ceasefire between the two sides to be "over".
