Reserve Bank of India Governor Sanjay Malhotra has stated that the rupee may be 'undervalued' by many estimates and assured that the RBI will work to ensure its stability and help it find its 'correct value' amidst recent depreciation.
Police in Bahraich, Uttar Pradesh, have arrested a married couple for allegedly murdering the wife's lover, stuffing his body in a plastic sack, and dumping it in a canal. The victim, Akash Gupta, was lured to their home, and the woman's father and brother are also implicated and currently absconding.
The Reserve Bank of India's Monetary Policy Committee (MPC) has indicated that rate cuts are improbable in the near term, with headline inflation projected to reach 6 per cent in the third quarter. Minutes from the October meeting reveal growing concerns among members about inflation spreading beyond food and fuel, leading to a shift in policy stance towards calibrated tightening.
Members of the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) have indicated that interest rate hikes may be necessary sooner rather than later, as headline inflation is projected to rise from its current benign levels in the coming months, according to the minutes of the August review.
"Pressure on the current account is a temporary problem. Sooner rather than later, our external sector will improve," said RBI Governor Sanjay Malhotra.
Nirbhay Choudhary and Haqikat Grewal set new meet records in hammer throw at the Indian Open U23 Athletics Competition in Jaipur. Other records were also broken in men's 400m hurdles and 10,000m track race on the concluding day of the three-day event.
Most members of the Reserve Bank of India's Monetary Policy Committee (MPC) expressed concerns about inflation becoming generalised and highlighted uncertainties surrounding both inflation and growth prospects due to the West Asia conflict, according to the recently released minutes.
"Our endeavour is to bring headline inflation in line with the target over the medium term," said RBI Governor Sanjay Malhotra, addressing concerns about the central bank's policy stance and economic outlook.
Ikka Actress Akansha Ranjan and Sirector Sharan Sharma's wedding reception was a star-studded affair in Mumbai.
India has announced a 36-member squad, comprising 23 men and 13 women, for the World Athletics U20 Championships in Eugene, USA, from August 5 to 9. The team includes national record holder Pooja Singh and long jumper Shahnavaz Khan, and will compete across 18 track and field events.
The Vishwa Hindu Parishad has strongly protested about the controversial model-actress Poonam Pandey portraying Ravana's wife Mandodari in Delhi's UNESCO-endorsed Ram Leela.
The Athletics Federation of India (AFI) has announced a 48-member Indian team for the Asian U20 Athletics Championships in Hong Kong, featuring talented athletes like Shahnavaz Khan, Mohammed Ashfaq, and Pooja.
Uncertainties stemming from the West Asia crisis and its potential impact on inflation and economic growth were key factors in the Reserve Bank of India's Monetary Policy Committee (MPC) decision to maintain the status quo on interest rates, according to the recently released MPC meeting minutes.
Himachal Pradesh DGP Ashok Tiwari has recommended a detailed examination and action against the SDM of Solan for alleged misuse of official position, conflict of interest, and possible involvement in benami transactions related to land deals.
India's retail inflation, which has stayed below the Reserve Bank of India's (RBI's) 4 per cent target in recent times, is likely to remain benign in the coming months, RBI Deputy Governor Poonam Gupta said in a speech, on Friday, which was uploaded on the central bank's website on Tuesday. Headline inflation dipped to multi-year lows of around 1.5-2.8 per cent in late 2025.
Bollywood's ladies make a splash at Mumbai wedding.
Sooraj Barjatya's daughter Eesha Barjatya got married to Abhishek Kothari recently, and their wedding reception was a star-studded one.
Gold has emerged as the most stable asset during episodes of geopolitical stress, and crude oil has been more sensitive than others when it comes to regional conflicts and sanctions, according to a report in the Reserve Bank of India's (RBI's) monthly bulletin. Silver and the United States Treasury have showed moderate reactions.
"It is quite possible that the rates will remain low in the near to medium term, but that will depend on how conditions evolve," said RBI Governor Sanjay Malhotra.
Notwithstanding global headwinds, the Indian economy saw further momentum in October on the back of goods and services tax (GST) rate rationalisation and festival spending, as indicated by high-frequency indicators, the Reserve Bank of India's (RBI's) monthly State of the Economy report said.
Producer Ramesh Taurani celebrated his 65th birthday with the film folk he's worked with through the 45 years of his music company, Tips Music and 30 years of Tips Films.
Reserve Bank of India (RBI) Governor Sanjay Malhotra, and Deputy Governors Poonam Gupta, T Rabi Sankar, Swaminathan J, and S C Murmu on Friday addressed issues during the post-policy media interaction.
After the Filmfare OTT Awards, Alia attended the 25th ITA Awards held at the Jio World Convention Centre in Mumbai.
"We are contributing about 18 per cent, which is more than the US where the contribution is expected to be much less -- about 11 per cent or something. We are doing very well and we will continue to improve further," RBI governor Sanjay Malhotra said, replying to a question on Trump's recent comments.
Even if the Reserve Bank of India's Monetary Policy Committee decided to hold interest rates in the October meeting, it acknowledged the scope for further rate cuts while waiting for the impact of the past steps to play out.
Having made their best-ever start to a season, Gujarat Giants would back themselves to get past defending champions Mumbai Indians in the Women's Premier League (WPL) in Navi Mumbai on Tuesday.
Mumbai Indians will inch closer to play-offs if they beat Gujarat Giants in their final league game of WPL 2026.
Both teams will be hoping their key players step up as the league phase reaches a decisive stage.
Reserve Bank of India (RBI) Governor Sanjay Malhotra, with Deputy Governors Poonam Gupta, Swaminathan J, T Rabi Sankar, and M Rajeshwar Rao, responded to a range of queries in the post-policy interaction with the media
Winless in the first three outings, the Warriorz opened their account on Thursday, beating defending champions Mumbai Indians by seven wickets, and they are set to face each other for the second time in three days.
MI have managed just two wins from five outings, while Delhi Capitals are last with three losses from four matches.
Uncertainties over the impact of the United States' (US') tariffs on India, along with the ongoing transmission of past rate cuts, prompted the members of the Reserve Bank of India's Monetary Policy Committee (MPC) to maintain the status quo during the August meeting, the minutes showed. While some of the external members highlighted their concern over growth, the internal members cited the one-year headline inflation rate overshooting the 4 per cent target.
'The US reciprocal tariff has added another element of uncertainty and the central bank may prefer to wait and get further clarity.'
At nearly 82 per cent of GDP, India's public debt is very high, but the country doesn't face debt sustainability issue on account of high growth rate and higher share of local currency debt, NCAER Director General Poonam Gupta has said. Participating in an event organised by NCAER, Gupta said India's high debt levels are sustainable for now because of higher real or nominal GDP and as most of the debt is held in rupee.
The Reserve Bank of India's (RBI) Monetary Policy Committee's (MPC) decision to cut the repo rate by 50 basis points (bps) to 5.5% was contrary to the expectations of many economists. Firstly, most of the economists expected the MPC to cut the repo rate by 25 bps citing the weakening of inflation, prospects of economic growth, geopolitical uncertainty and comfortable system liquidity.
An all-women contingent from CRPF, Agniveers and camel-riding women contingent were among the many firsts for a Republic Day parade at Kartavya Path which also marks the first as the venue of the 74th Republic Day.
British Indian entrepreneur Poonam Gupta bought a painting depicting Virat Kohli's Indian Premier League journey over 10 years for a whopping 2,90,000 pounds (approx Rs 2.4 crore).
The Economic Advisory Council to the Prime Minister (EAC-PM) has distanced itself from its member Bibek Debroy's article suggesting embracing a new constitution, and said the article in no way reflects the views of EAC-PM or Government of India.
'Each state is unique, but when it comes to finance, the fundamentals cannot be different.'
'The Budget needs to focus more on social welfare schemes.'
