Sanjay Malhotra has made structural changes to banking regulation to bring down costs and increase efficiency. Plus, he kicked off a benign interest regime. But there are challenges ahead.
Besides Karti Chidambaram, the Lok Sabha MP from Sivaganga, the CBI had named his alleged close associate and chartered accountant, S Bhaskararaman, Talawandi Sabo Power Ltd (TSPL), a subsidiary of Vedanta, and Mumbai-based Bell Tools, through which bribes were allegedly routed.
'...not merely in managing fiscal mathematics, but in demonstrating conservatism and prudence within that framework.' 'Looking forward, we believe sufficient growth drivers exist -- ranging from government reforms to revival in consumption to favourable monsoons. Numerous factors support the Indian economy.'
'There'll be extended periods where things aren't working in your favour. But if you believe in the cause profoundly, then you simply persevere.'
A new report indicates a significant rise in reported sexual offences against children in India, but also highlights strong prosecution rates and detection systems.
The Central Board of Secondary Education (CBSE) will conduct class 10 and 12 board exams from February 17, 2026. The board has released the final datesheet nearly 110 days in advance.
The Reserve Bank of India (RBI) is in no rush to launch the central bank digital currency (CBDC) nationwide, as its most promising use case - cross-border payments - depends on other countries rolling out their own CBDCs simultaneously for the system to work effectively. That said, the CBDC pilot is progressing well, with the user base in India expanding to about seven million, said RBI Deputy Governor T Rabi Sankar.
The US Food and Drug Administration's (USFDA)'s new draft guidelines aimed at speeding up and reducing the cost of developing biosimilars - lower-priced, near-replicas of complex biologic medicines - could significantly benefit Indian biotech companies.
After Donald Trump became president of the United States, he unleashed economic weaponisation, upsetting the old world order, leading to much unrest. If that wasn't all, the threat of an imminent nuclear war was issued by the US, Russia, China, North Korea and Pakistan. In today's fractious times, Dr Paulos Mar Gregorios would have made a dent, notes His Holiness Baselios Marthoma Mathews III.
After four failed reform drives, a new plan aims to rescue India's debt-laden power discoms through privatisation, accountability and long-term financial fixes.
The Indian government has expressed its disagreement with the IMF staff's 'baseline' assumption that the 50 per cent US tariffs on its goods exports 'would remain in place indefinitely', based on which the staff pegged the country's GDP growth at 6.6 per cent this year, and pared its 2026-27 projection by 20 basis points to 6.2 per cent.
While participants in the domestic financial market are expecting a 25 basis-point policy repo rate cut in the December meeting of the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), economists remain torn between a reduction in rate cut and a pause.
Despite corporate bond yields hardening by 20-25 basis points, Indian corporates are not warming up to bank funding for their capital expenditure needs as bank lending rates remain elevated due to the higher cost of liabilities, compared to current rates in the debt capital market.
'It can be two months, a year, or even five years. We need to be prepared.'
The Federation of Indian Pilots (FIP) has asked the government to reassess possible technical misinterpretation or mechanical faults in Air India's Boeing 787-8 plane that crashed last month and sought inclusion of subject matter experts in the probe.
India's forex reserves dropped by $1.24 billion to $691.49 billion for the week ended May 30, the RBI said on Friday. The overall reserves had jumped by $6.99 billion to $692.72 billion in the previous reporting week.
For the time being, the RBI is done with the cuts. A cut in October, which many are still predicting, is not certain. Of course, if growth nosedives, the script will be different, expects Tamal Bandyopadhyay.
Microsoft Corp has restored all services -- including email access -- to Russian oil giant Rosneft-backed Nayara Energy, just before a scheduled hearing in the Delhi high court over the service suspension.
'It is good to have the H1-B visa option but if tomorrow things happen to change, it is not the end of the world situation.'
The crisis may not be as visible this time, but the stakes are just as high, points out Rajeswari Sengupta.
Gen Z, driven by AI anxiety and economic pragmatism, have concerns about pursuing passions as careers as they fear it may not make them enough sufficient income.
'The Indian developer community is one of the most vibrant communities.' 'Indian builders are incredibly passionate, curious, and excited to embrace new technologies.'
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.
'Indian refiners can operate without Russian crude from a technical standpoint, but the shift would involve major economic and strategic trade-offs'
The Polar Satellite Launch Vehicle (PSLV) in its 63rd mission, would carry the earth observation satellite (EOS-09) which would be capable of capturing high-resolution images of the Earth's surface under all weather conditions.
Despite the benefits of hybrid technology, a lack of government backing and few launches have kept the segment from gaining ground.
The ministry also said it remains committed to full transparency relating to the ongoing investigation and will follow all mandated protocols and norms in the larger interest of the highest standards of passenger Safety and convenience.
'India has the potential to grow at more than 7%, with the monetary policy providing a supportive hand.'
'In those 10 seconds, they even made a MAYDAY call -- which is only issued in case of a serious, imminent emergency.'
Indian Space Research Organisation's 101st mission from Sriharikota, an earth observation satellite onboard the agency's trusted Polar Satellite Launch Vehicle (PSLV) rocket, could not be accomplished on Sunday following a pressure issue in the third stage of the launch vehicle, the space agency said.
These cases are being reopened under Section 147 of the Income Tax Act, which empowers the department to reassess income if it believes that taxable income has escaped assessment.
'By extending the definition of 'personal' to include institutions and not just individuals, the State has equipped itself with a tool to block access to most kinds of information.'
A PSLV rocket carrying Earth observation satellite EOS-09 failed to launch from the Sriharikota spaceport early on Sunday.
Not enough data has been generated locally to decide on the need for a booster dose of COVID-19 vaccine for those fully inoculated, say experts amid the possibility of a third wave of the viral disease hitting the country between September and October.
The Reserve Bank of India (RBI) was a net seller of the US dollar in August, reversing its net buying position from July. During the current financial year up to August, the central bank had sold a net $1.11 billion. The RBI sold a net total of $6.49 billion worth of the foreign currency in August, according to the central bank's monthly bulletin.
The Indian government has stated that the water in the Ganga river at Triveni Sangam in Prayagraj was fit for bathing during the recently concluded Maha Kumbh, citing a new report from the Central Pollution Control Board (CPCB). The report, however, contradicts an earlier CPCB report that found high faecal coliform levels at several locations in Prayagraj during the Maha Kumbh. The government also highlighted measures taken to ensure water quality during the event, including the installation of sewage treatment plants and the use of advanced oxidation techniques to treat wastewater.
'Each state is unique, but when it comes to finance, the fundamentals cannot be different.'
Four cities in neighbouring Pakistan and one in China are among the world's top 20 polluted cities.
The revised guidelines are aimed at curbing discretionary practices by field officers, especially the tendency to seek documents not mandated under the law.
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