Since Sanjay Malhotra took office as governor in December, the Reserve Bank of India (RBI) has adopted a more accommodative stance, which bodes well for banking and the economy as they navigate a growth slowdown, according to analysts.
India and the US are expected to have smooth trade negotiations after US President Donald Trump and Indian Prime Minister Narendra Modi had a productive meeting during Modi's visit to the White House last month, Stephen A Schwarzman, chairman, chief executive officer, and co-founder of one of the world's largest alternative investment firms, Blackstone Group, said in Mumbai on Wednesday.
Many travellers are now opting for domestic destinations like Goa, Kerala, Rajasthan, Lakshadweep, Himachal Pradesh, and the North East.
What despots and dictators, jammers and competitors, had not managed to do in 83 years -- what the Soviet Union had failed to counter during the Cold War; what China had failed to crush during the Tiananmen Square uprising -- a US President had succeeded with his own hand, notes Krishna Prasad.
'The Budget must be pro-growth, focusing on infrastructure creation while also managing the fiscal deficit.'
Prime Minister Narendra Modi and United States President Donald Trump on Monday vowed to work towards a 'trusted' partnership with a focus on boosting India-US cooperation in areas of trade, energy and defence in their first phone conversation since the American leader's inauguration last week.
Two women, including a 27-year-old Israeli tourist, were allegedly gang-raped while stargazing on the banks of Sanapur Lake near Hampi, police said on Saturday.
Bangladesh has summoned its Acting Deputy High Commissioner in Kolkata for urgent consultations following protests over attacks on Hindu minorities. The mission in Kolkata has witnessed multiple protests over the past week by political parties and religious groups condemning the reported atrocities against Hindus in Bangladesh. In a related development, the Bangladesh Assistant High Commission in Agartala, Tripura, suspended all visa and consular services on Tuesday, citing security reasons. The decision followed an incident where protesters breached the mission's premises on Monday to protest the arrest of Hindu spiritual leader Chinmoy Krishna Das in Dhaka.
Soon after he was sworn in by Vice President J D Vance, US Secretary of State Marco Rubio hosted External Affairs Minister S Jaishankar, Penny Wong from Australia and Japan's Iwaya Takeshi for his first multilateral meeting as the top American diplomat.
'Gyanendra back on the throne would be bad news for the Nepali people. He may not have learnt from his experience, but we have.'
Towards the end of February, the Reserve Bank of India (RBI) restored the risk weighting on banks loans to non-banking financial companies (NBFCs; including to microfinance institutions, or MFIs) to 100 - back to its November 2023 position - from 125. It is only a partial relief though. "Higher risk weighting on unsecured lending continues to be in place while the same on bank funding to NBFCs has been done away with. "This is a positive step by RBI," says Rajiv Sabharwal, managing director (MD) and chief executive officer (CEO), Tata Capital.
With its age-old fascination for education, southern states have done better than the North. Start-ups, IT hubs, and industry majors setting up shop have changed the face of the South. Nearly 79% of global offices set up by international conglomerates in India are in the South. Almost 46% of tech unicorns are from the South. The GDP per person in the South is 4.2 times higher than the North. None of these indicators can be ignored by any central government, whatever the political compulsions, notes Ramesh Menon.
'While suppression of information is acceptable for the government, the Opposition's efforts at pinning the government and its leaders is labeled anti-national,' points out Nilanjan Mukhopadhyay.
According to informed sources, Doval will arrive in Beijing on Tuesday to attend the crucial talks, which were expected to provide a way forward for the two countries to normalise the relations.
He said that in recent times, based on the important consensus reached by the leaders of the two countries, China and India have maintained close communication on the border situation through diplomatic and military channels and achieved great progress.
Devotees gathered to take a dip at the Triveni Sangam on the occasion of the first Amrit Snan during the Maha Kumbh Mela 2025 in Prayagraj.
A major divide has emerged within Donald Trump's MAGA team in the United States, as Elon Musk and Vivek Ramaswamy who advocated for the expansion of the visa program for 'highly skilled workers' faced heavy backlash from within President-elect's base, CNN reported.
The stage may be set for a recalibrated US-Iran relationship, suggests Ambassador M K Bhadrakumar.
'...spent 1/10th of his time at 24, Akbar Road...' 'He would have met thousands of party workers and ordinary Congress supporters who have love for the party.' 'Left of Centre intellectuals have shaped Rahul's values, but he lacks earthiness.'
President Donald Trump signed an executive order withdrawing the US from the UN Human Rights Council and prohibiting any future funding for the UN agency for Palestinian refugees. Trump also directed the US to review its participation in UNESCO, citing concerns about anti-Semitism and anti-Israel sentiment within the organizations. The executive order argues that the UNHRC, UNESCO, and UNRWA have drifted from their missions and act contrary to US interests. Trump previously halted funds for UNRWA during his first term, and President Joe Biden put a block on US funds for UNRWA in January 2024 over allegations that staff for the agency participated in Hamas's October 7, 2023, attack against Israel.
President Mohamed Muizzu on Wednesday said by bolstering the defence capabilities of the Maldives, the country will soon reach a point where there is no 'foreign' military presence, weeks after he sought the withdrawal of Indian defence personnel from the archipelago nation.
Who accompanied Prime Minister Narendra D Modi to his Thursday meeting with US President Donald J Trump in the Oval Office, and who did POTUS bring along?
In a major shift from his earlier stance, United States-President elect Donald Trump has expressed his support for the H-1B visa programme and acknowledged frequently using it for his own properties, calling it a 'great programme', according to a report by New York Post.
The new proposal comes close on the heels of six measures introduced by Sebi to curb frenzy in index derivatives.
The development comes amidst officials of the foreign ministries from the two sides exchanged goodwill messages.
The CBI had sought an urgent hearing of the plea before the alternate bench of Justice Kotwal.
Marseilles was the base of the Indian troops in France during the 1914-18 war and throughout the War the Royal Navy, the Merchant Navy, British troops and labour units worked in the port or passed through it, the CWGC website said.
An FIR was registered against 20-25 people and nine teams of security personnel were formed to conduct a probe into the incident, police commissioner GS Malik said.
Hyundai Motor India Ltd (HMIL) has since 2019 saved around Rs 5,700 crore in foreign exchange (forex) by locally manufacturing or sourcing more than 1,200 components, including battery packs for electric vehicles, said a senior executive of the automaker. The company's efforts for Aatmanirbhar Bharat, the government's campaign for domestic manufacturing, have resulted in a localisation rate of 92 percent in India, said Gopalakrishnan Chathapuram Sivaramakrishnan, whole-time director and chief manufacturing officer at HMIL.
Younger investors with long investment horizons may continue their SIPs.
'Trump has signaled that he has changed his stance on the H1B visa from his first term.'
rediffGURU Rohit Gupta, co-founder and COO of College Vidya, provides a list of competitive exams that can help you land a job in the public sector.
'Skilled labour is different from immigration.' 'While any adverse immigration ruling will impact Indians, it may not necessarily affect the IT services industry.'
The Ministry of Tourism is inviting people from around the world to visit Prayagraj and experience the Maha Kumbh Mela, one of the largest religious gatherings on Earth. The event, which begins on January 13th and runs for 45 days, will feature an "Incredible India Pavilion" showcasing cultural heritage, luxury tent accommodations, and enhanced air connectivity. The ministry is also launching a major social media campaign to generate buzz about the event, encouraging people to share their experiences and moments from the Maha Kumbh.
The RBI on Monday asked banks not to approve any proposal of foreign law firms to open a branch office, project office or liaison office in the country under FEMA for the purpose of practicing legal profession. The RBI has issued a circular in this regard in view of a Supreme Court order wherein the apex court held that advocates enrolled under the Advocates Act, 1961 alone are entitled to practice law in India and foreign law firms or foreign lawyers cannot practice the profession of law.
Indians are the main beneficiaries of the H-1B visas, which bring in the best of the talent and brains from across the world. Highly skilled professionals from India walk away with the overwhelming number of H-1B visas - which is Congressional mandated 65,0000 every year and another 20,000 for those who received higher education from the US.
Sally Holkar left America and made India her home nearly 60 years ago. She went on a mission to revive a dying craft and changed the lives of rural weavers.
"These three officers have primarily been held responsible for the incident. Their services have been terminated by the central government with immediate effect. Termination orders have been served upon the officers on August 23," it said.
Indian Americans contribute approximately 5% to 6% -- roughly $300 billion -- in federal tax revenues annually.
The China threat continues to resonate in the strategic partnership between India and the USA, points out Rup Narayan Das.
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