This comes amid the row over the arrest of former priest of ISKCON Bangladesh, Chinmoy Krishna Das Brahmachari, over sedition charges, which led to protests and unrest in Bangladesh.
The Reserve Bank on Friday raised the inflation projection for current fiscal year to 4.8 per cent from 4.5 per cent with Governor Shaktikanta Das saying lingering food price pressures are likely to keep headline inflation elevated in the December quarter. Consumer price index (CPI)-based inflation increased sharply in September and October 2024 led by an unanticipated increase in food prices.
Sanjay Malhotra takes charge as the 26th RBI governor at a time when headline retail inflation has shot up to 6.2%.
China's military has said it is willing to work with India to find a solution to the border issue, while also pushing for sound and stable defence ties. The statement comes after recent meetings between officials from both countries to normalize relations following a prolonged period of tension.
India and China celebrated the 75th anniversary of their diplomatic relations on Tuesday, with leaders from both countries exchanging congratulatory messages. The anniversary comes as the two countries are working to restore ties after a four-year freeze due to the military standoff in eastern Ladakh. Both countries have expressed a willingness to enhance strategic mutual trust and step up cooperation in various fields. The two sides are also exploring ways to rebuild ties and promote people-to-people exchanges.
The gap between credit and deposit growth in the banking system is expected to decline sharply to 80 basis points (bps) in the next financial year from an average of 386 bps over the FY22-Q3FY25 period, according to rating agency India Ratings. This would be against the backdrop of sharp moderation in the incremental loan deposit ratio (LDR) of the Indian banking system to 85 per cent in February 2025 from 117-118 per cent in the same month of 2024.
In a case of moral policing, a woman was socially ostracized and fined Rs 5,000 for wearing salwar-kameez in Darrang district of Assam. The incident took place in Gongajani Kuwori village where villagers held a kangaroo court and decided to fine the woman, identified as Meghali Das, for her choice of clothing. Das has filed complaints with the police and civil administration, and officials are expected to visit the village to investigate the matter.
A 17-year-old girl from Bangladesh was arrested by West Bengal Police after the Border Security Force (BSF) apprehended her for illegally crossing the border into India. The girl, who is a resident of Panchagarh district in Bangladesh, claimed that she fled after her family members were threatened by fundamentalists in Bangladesh for being ISKCON devotees. The girl's relatives confirmed that they had received threats and were planning to send her to India to protect her from harm.
The lawyer had sought a ban from the high court on the International Society for Krishna Consciousness (ISKCON) after placing some newspaper reports related to the organisation on Wednesday.
The Odisha police, in its FIR on the killing of Health minister Naba Kishore Das, said the accused assistant sub-inspector (ASI) Gopal Das had "clear intention" to kill the minister.
Prime Minister Narendra Modi and US Vice President JD Vance have expressed satisfaction with the progress made in negotiations for a bilateral trade agreement. The two leaders met in New Delhi and discussed a range of bilateral issues, including cooperation in energy, defense, strategic technologies, and other areas. They also exchanged views on regional and global issues of mutual interest.
All the 10 people travelling in the Bolero died in the accident, while those in the bus suffered minor injuries, the DCP said.
The RBI on Wednesday slashed key interest rate by 25 basis points, for the second time in a row, to support a shuttering economy hit by reciprocal tariffs imposed by the US. Following the rate cut, the key policy rate eased to 6 per cent providing relief to home, auto and corporate loan borrowers.
Of Trump's reciprocal tariffs and trade deals
'It is unjust for the Bangladesh government to send ISKCON monk Chinmoy Krishna Das, who is leading the Hindus in such peaceful demonstrations, to jail'
A Kolkata court will pronounce the sentence on Monday for Sanjay Roy, convicted of raping and murdering an on-duty doctor at the state-run R G Kar Medical College and Hospital. Roy, a former civic volunteer with the Kolkata Police, was found guilty of sexually assaulting the doctor and throttling her to death. The judge will also address questions raised by the victim's father and criticize some activities of the police and hospital authorities.
Amid a row over change in stand over voting on the Waqf (Amendment) Bill, 2025, the Biju Janata Dal (BJD) on Friday asserted it is a secular regional outfit and maintains equal distance from the Bharatiya Janata Party-led National Democratic Alliance and the opposition Indian National Democratic Inclusive Alliance bloc led by the Congress.
Sukanya Verma lists 10 terrific films available on OTT you need to watch right now.
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.
The Supreme Court of India has invalidated the appointment of 25,753 teachers and other staff in West Bengal's state-run and state-aided schools, deeming the selection process "vitiated and tainted." The court ordered the state government to conduct a fresh selection process within three months. The decision comes after a Calcutta High Court verdict in April 2024, which also annulled the appointments. The apex court, while upholding the high court's order, made some modifications, including exempting disabled employees from returning their salaries. The case stemmed from alleged irregularities in the 2016 recruitment process by the West Bengal School Service Commission (SSC), involving OMR sheet tampering and rank-jumping. The Supreme Court had previously termed it a "systemic fraud." Former West Bengal education minister Partha Chatterjee and Trinamool Congress MLAs Manik Bhattacharya and Jiban Krishna Saha are among the accused being investigated in the recruitment scam.
The train was heading to Kamakhya station in Assam's Guwahati from Bengaluru.
A great breakfast option, they make for a tasty lunchbox meal as well.
India and China held diplomatic talks in Beijing, focusing on effective border management and the resumption of cross-border cooperation and exchanges, including on trans-border rivers and the Kailash-Mansarovar Yatra. The meeting explored measures and proposals to implement decisions made during the Special Representatives (SR) dialogue in December. Both sides agreed to work together for the next SR meeting in India later this year.
The West Bengal government has sought permission from the Calcutta High Court to appeal against the Sealdah court order that sentenced Sanjay Roy to life imprisonment until death in the RG Kar hospital doctor's rape and murder case. The state government is seeking the death penalty for Roy, the sole convict in the case, and has expressed dissatisfaction with the Sealdah court's verdict, which did not consider the crime "rarest of the rare." The court also ordered Roy to pay a Rs 50,000 fine and directed the state government to pay compensation of Rs 17 lakh to the family of the deceased doctor.
Sneha, a Spanish citizen, has returned to India in search of her biological mother, who had abandoned her and her brother 20 years ago.
India's flexible (flex) office segment, having breached pre-pandemic levels, is thriving as corporates, startups, multinational corporations, and global capability centres (GCCs) expand in India, seeking low-capital yet Grade A plug-and-play facilities. In the first quarter (Q1) of 2025, the flex office segment continued to grow, with flex space leasing rising by 22 per cent to 2.2 million square feet (msf), according to Colliers.
Mohun Bagan Super Giant remain unbeaten at home with a 2-0 win over FC Goa
From CEOs to RBI governors, cricket's rich imagery and strategy resonate deeply with leadership, uncertainty, and decision-making across industries and global diplomacy, points out Suveen Sinha.
This recipe is made with low-fat yoghurt and garnished with chopped nuts, saffron and dry rose petals.
Here is a list of Q & As to explain these issues and implications of the US move.
A Mumbai court has extended the police custody of the Bangladeshi man arrested for allegedly stabbing Bollywood actor Saif Ali Khan at his home during a robbery attempt last week. The accused, Shareeful Islam Shehzad Mohammad Rohilla Amin Fakir (30), was produced before a magistrate's court in Bandra at the end of his previous remand. Police sought his custody for seven more days, arguing further investigation was required. The court granted the police plea and extended his custody till January 29.
The only silver lining in March's performance -- which otherwise dragged down the financial year's momentum -- was a 6 per cent year-on-year (Y-o-Y) growth compared to March of the previous year. This is largely due to incentives, festival-driven gains, and new launches.
India has expressed serious concern over the increasing incidents of violence and extremist rhetoric against minorities in Bangladesh, urging the interim government to fulfill its responsibility of protecting all minorities. The Ministry of External Affairs (MEA) spokesperson, Randhir Jaiswal, stated that India has consistently raised the issue of threats and targeted attacks on Hindus and other minorities with the Bangladeshi government. Jaiswal emphasized that these developments cannot be dismissed as mere media exaggeration and called upon Bangladesh to take immediate steps to ensure the safety and security of minorities.
Eliyamma Phillip (56), a staffer at Khan's residence, and househelp Junu identified Shariful as the person who attacked the actor, the official said.
Reserve Bank Governor Shaktikanta Das on Wednesday said that RBI is monitoring the situation regularly with regard to the withdrawal of Rs 2,000 currency notes and expressed confidence that the entire exercise will be completed in a non-disruptive manner. The Reserve Bank of India (RBI) on Friday announced the withdrawal of Rs 2000 denomination banknotes as part of its currency management and permitted the exchange of Rs 2000 currency notes up to Rs 20,000 in one go from Tuesday onwards. The exchange or deposit window is available until September 30, 2023.
The third piece of the knife used to attack Bollywood actor Saif Ali Khan in his Bandra home on January 16 has been recovered. The knife was recovered from close to Bandra Talao, more than a kilometre away from the actor's residence.
Sanjay Malhotra on Wednesday took charge as the 26th Governor of the Reserve Bank of India. Malhotra, a career bureaucrat, arrived at the central bank's headquarter this morning, where he was welcomed by senior RBI staffers. The central bank confirmed Malhotra's appointment through a post on the microblogging site "X" and also shared a few pictures.
Bethica Das offers a special version of the traditional Gujarati style Methi Nu Thepla.
Reserve Bank Governor Shaktikanta Das on Friday said that this stage would have been "premature" and "very very risky" as the retail inflation is still high, and future monetary policy action would depend upon the income data and outlook. Earlier this month, the RBI continued to maintain the status quo in the short-term lending interest rate (repo), citing inflationary concerns, though it changed the monetary policy stance to neutral.
The Elle List Awards was a kaleidoscope of style and sass.
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