Indian banks anticipate a reduction of up to 50 basis points in their funding costs due to a surge in liquidity from robust Foreign Currency Non-Resident (Bank), or FCNR (B), flows, lessening their reliance on more expensive certificates of deposit (CDs).
The Centre has assured the Delhi High Court that it will not take coercive action against the Delhi Gymkhana Club until September 16 regarding its eviction from the 27.3-acre premises. This comes as the court hears pleas challenging a show-cause notice for eviction, following the termination of the club's perpetual lease deed by the Land & Development Office. The legal battle centres on the validity of the lease termination and the jurisdiction of the estate officer.
Jeetu, as he is known in the IAF, is known for his high intellect, ability to quickly grasp the essentials of complex situations and the readiness to articulate his views clearly and unambiguously. An excellent professional in every sense of the word, he has a well-trained military mind, honed by extensive operational flying and flight testing experience, avers Air Marshal B Manikantan (retd).
HarperCollins India has announced the publication of Congress leader Sonia Gandhi's memoir, "Belonging: A Journey of Love," in India on November 10. The highly anticipated book will offer insights into her personal life and India's political journey, covering her childhood, marriage into the Nehru-Gandhi family, and entry into politics.
For Chellam, an elderly resident of Tamil Nadu's Salem district, Tuesday began like any other hard day on the field. But by afternoon, a fleeting encounter with Tamil Nadu Chief Minister C Joseph Vijay transformed an ordinary workday into a memory she says she will cherish for the rest of her life - one she compares to winning a "crore of rupees."
Several pilgrims from Tamil Nadu, including Ilavarasi and Chitra, have gone missing in Nepal following devastating flash floods, leaving their families distraught and appealing for urgent government rescue efforts.
India and China are in what experts call 'a cooperation-versus-competition situation'.
Dr Bhairavi Joshi, a member of the Cycling Federation of India's Development Committee, has been awarded the United Nations World Bicycle Day Founder Leszek Sibilski's Certificate of Excellence for her significant efforts in promoting cycling across India through various community initiatives.
The Rajasthan government has announced that construction of a new building for a government primary school in Jaipur, which was at the centre of a recent confrontation between Cockroach Janata Party (CJP) members and villagers, will begin from September 1.
S&P Global Ratings has affirmed India's sovereign credit rating at 'BBB' with a stable outlook, citing the country's dynamic and fast-growing economy, strong external balance sheet, and stable institutions that ensure policy predictability.
The Supreme Court will hear a plea from the Centre to quash FIRs against students involved in NEET examination paper leak protests. This development comes amidst planned fresh protests by the Cockroach Janta Party (CJP) and follows previous court directives regarding the nature of charges against student protesters.
Veteran social activist Anna Hazare has been admitted to Bombay Hospital in Mumbai after blood reports indicated a renal infection. The 89-year-old anti-graft crusader was transferred from his native Ralegan Siddhi village for further assessment.
Shiv Sena (UBT) leader Sanjay Raut has criticised Chief Minister Devendra Fadnavis's decision to grant a one-year extension to autorickshaw and taxi drivers to learn Marathi, alleging it was due to 'pressure from Delhi' and a message to BJP's ally Shiv Sena.
Dahi Handi celebrations in Maharashtra turned tragic with two fatalities and over 130 'Govindas' injured. A seven-year-old boy died in Mumbai after a brick column collapsed, while a woman was crushed by an iron frame in Pune. Authorities are investigating the incidents, and political leaders have urged for safety during the festivities.
Maharashtra Chief Minister Devendra Fadnavis announced a one-year grace period for auto-rickshaw and taxi drivers to learn functional Marathi. This decision comes after the Transport Department issued notices to drivers who failed a Marathi test, prompting driver organisations to request more time due to varying age groups and educational backgrounds. During this period, no action will be taken, and Marathi classes and study materials will be provided.
Swatantra Bharadwaj, accused of assaulting Nishu Azad's father during a CJP protest, claims he acted in self-defence against a mob, stating he has video evidence and that medical reports show no serious injuries, contradicting earlier claims of a skull fracture.
The Supreme Court has advised the Tamil Nadu government to present its grievance regarding the proportionate release of Cauvery water to the Cauvery Water Management Authority (CWMA). This comes after Tamil Nadu alleged that Karnataka was not releasing its due share of water despite directions from the Cauvery Water Regulation Committee (CWRC) and CWMA, impacting farmers in the state.
Around 600 children are unaccounted for in Nepal's Rasuwa and Nuwakot districts following devastating flash floods, which have raised the death toll to 1,282 with over 4,700 people still missing.
'India is trying to project that it can engage with the world in a different way too.'
The Lucknow bench of the Allahabad High Court has dismissed a writ petition challenging Congress leader Rahul Gandhi's Indian citizenship. The petitioners failed to provide concrete evidence to support their claim that Gandhi is a British citizen, leading to the withdrawal of the plea.
Regional Indian airline FLY91 has placed a significant order for 40 new ATR 72-600 turboprop aircraft, valued at nearly USD 1 billion. This marks the single largest order for ATR planes by a regional carrier globally and is set to dramatically expand FLY91's network, connecting more unserved and underserved cities across India. Deliveries are scheduled from late 2027 to 2032, supporting the airline's goal of operating over 60 aircraft.
Andhra Pradesh Chief Minister N Chandrababu Naidu has approved the establishment of India's first dedicated Quantum and AI University campus in Amaravati by NIELIT. This significant project, funded by the MeitY, Government of India, will focus on advanced technologies like Quantum, AI, and Semiconductors, integrating education, research, and entrepreneurship.
The Delhi High Court has granted bail to Sobiya Aziz and Kamran Ashraf Reshi, accused in a terror conspiracy case related to Jammu and Kashmir and other major Indian cities. The court cited their nearly five-year incarceration and the slow pace of the trial as reasons for the decision, imposing strict conditions on their social media use.
The Tamil Nadu Assembly has unanimously passed a resolution urging the Union Government to grant a permanent exemption from the Teacher Eligibility Test (TET) for government teachers appointed before August 23, 2010. This move aims to protect the job security and benefits of over 3.28 lakh experienced educators who face the risk of losing their positions due to the mandatory TET requirement.
The Supreme Court has upheld the Bombay High Court's decision to cancel the bail of Saurabh Luthra, Gaurav Luthra, and Ajay Gupta, co-owners of the Birch by Romeo Lane nightclub in Goa. This ruling comes after a devastating fire at the nightclub last December claimed 25 lives and injured over 50. The apex court has directed the trio to surrender within two weeks and mandated the lower court to expedite the trial process.
Trinamool Congress national general secretary Abhishek Banerjee on Friday said not a single "traitor", who crossed over to the dissident factions to "protect their backs", will be allowed to return to the party.
In a major bureaucratic rejig, the Central government on Thursday promoted six 1995-batch Indian Police Service (IPS) officers holding senior ranks in different Central Armed Police Forces (CAPFs) and the Intelligence Bureau (IB).
The UP Scholarship, officially known as the Uttar Pradesh Scholarship and Fee Reimbursement Scheme, provides financial assistance to students from Classes 9 to 12 as well as those pursuing graduation, post-graduation, diploma and other post-matric courses.
Over 130 Indian nationals, including Kailash Manasarovar Yatra pilgrims and tourists, are missing or stranded in Nepal following devastating flash floods that have cut off central districts and disrupted communication links. Indian states and the embassy in Kathmandu have launched helplines to assist those affected.
The New Delhi Municipal Council (NDMC) is establishing a 24x7 command centre and implementing extensive civic preparations to ensure the smooth hosting of the 18th BRICS Summit. These measures include enhanced sanitation, beautification, traffic management, and coordination among various agencies to present a welcoming city for world leaders.
Social activist Anna Hazare's health has improved after being admitted to Bombay Hospital in Mumbai for a renal infection. The 89-year-old is now taking proper meals and is expected to remain under observation for two more days.
West Bengal Chief Minister Suvendu Adhikari symbolically destroyed nearly 2 lakh bottles of banned cough syrup in Balurghat using a road roller. This act, aimed at combating drug addiction among youth and curbing smuggling to Bangladesh, highlights improved coordination between BSF and state police. Adhikari also announced a new medical college for Balurghat during his visit.
Across India, Gen Alpha students (born between 2010 and 2024) are increasingly taking to the streets to protest against poor school infrastructure, lack of teachers, and unhygienic conditions, leading to some significant wins and drawing attention to the declining state of public education.
'Every period of excessive optimism eventually gives way to a correction, while periods of extreme pessimism often create the best investment opportunities.'
Nepal has launched a diplomatic initiative to secure climate-related compensation from major greenhouse gas emitters, asserting that post-disaster assistance for recent deadly flash floods should be viewed as a moral and legal liability, not charity. Foreign Minister Shisir Khanal highlighted Nepal's disproportionate suffering from global warming despite negligible emissions, citing rapid glacier melt and extreme mountain disasters. The country has formally approached the Loss and Damage Fund board for urgent financial aid following a catastrophic flash flood in the Bhotekoshi river basin.
The Centre has appointed two directors and a joint director to the National Testing Agency (NTA) amidst ongoing reforms and scrutiny over issues like the NEET paper leak. These appointments are part of a broader overhaul of the NTA's examination system.
A senior cryosphere specialist has warned of a potential secondary flash flood in Nepal due to debris from an ice-rock avalanche accumulating at a river confluence, creating a temporary dam that is collecting water.
Former bureaucrat Ashish Joshi was questioned for nearly nine hours by the Delhi Police Special Cell in connection with an old case. He was later released without arrest. The questioning followed claims by Congress leader Sandeep Dikshit about Joshi being taken away by police.
'If investors are trusting a new establishment in Tamil Nadu, it speaks a lot of the state's investment climate.'
'We desperately want India to send the army as the evacuation process needs to be escalated immediately.'
