The rupee remains overvalued against the currencies of India's trading partners, even as it hit record lows against the dollar in August and September. According to the Reserve Bank of India's (RBI) real effective exchange rate (REER) index, the rupee stood at 5.5 per cent above its fair value in August, down from 7.7 per cent in July. This slight easing followed fears of a US recession and the unwinding of yen carry trades, which exerted pressure on the Indian currency.
To tap Indian civil aviation market's growth potential, the government on Saturday announced a modified regional air connectivity scheme UDAN (Ude Desh ka Aam Naagrik) to connect 120 new destinations, airport projects in Bihar and upgradation of infrastructure for air cargo in the Union Budget.
Leading economist Arjun Sengupta on Tuesday defended the Manmohan Singh government's support for reservation of jobs for backward sections in the private sector saying democracy cannot afford inequality.
The bodies of the last four of the trapped labourers were pulled out from the site of the avalanche-hit Border Roads Organisation (BRO) camp in Chamoli on Sunday, taking the death toll to eight as authorities ended the nearly 60-hour rescue operation.
The actor showstops for The Story of Weaves II on Day 3 of the Kolkata FW.
Check out the pictures.
'The chances of The Shameless passing through the censorship board in India are slim to none.'
Dabba Cartel's reluctant black comedy in the body of a crime thriller starts out interestingly enough to accomplish its Narcos: Thane aspirations, notes Sukanya Verma.
While eight bodies were brought to the state-run North Bengal Medical College and Hospital (NBMCH) after the accident on Monday morning, two persons died during treatment, he said.
A state government that came to power after swearing to protect all people without discrimination refused to help a non-Christian organisation till the high court rapped it on its knuckles, observes former BJP MP Tarun Vijay, former Chief Editor, Panchjanya, the RSS weekly.
Shyam Benegal passed into the ages on December 23, leaving behind a rich legacy. We look back at some interesting moments from his life.
The year was rich in content as far as Web series were concerned.
Vikrant Massey is a man of undeniable talent. But he too can't rise above Blackout's derailed script that reduces the likes of Jisshu Sengupta, Chhaya Kadam and Mouni Roy to chumps, observes Sukanya Verma.
Arshdeep Singh registered career-best figures of 6/40 to help India D outclass India B by 257 runs.
Seniors Rohit Sharma,Virat Kohli, Jasprit Bumrah and Ravichandran Ashwin received exemptions for the Duleep Trophy, starting in Bengaluru on September 5.
'Challenge is basically near-term growth as the outlook has turned a bit adverse.'
It is a pleasure to watch talented actresses break out of their comfort zones.
Rinku Singh picked for second round as top stars leave for Test series against Bangladesh. Mayank Agarwal has been named as India A captain in Gill's place.
Zindaginama keeps its tone hopeful and steers away from making the stories tragic or depressing, observes Deepa Gahlot.
Earlier, India B were all out for 282 in their first innings in reply to D's first essay of 349.
Justice Jay Sengupta directed that the probe will be monitored by it and the SIT will file a progress report of the investigation on February 12, the next date of hearing in the case.
The likes of Shreyas Iyer, Sanju Samson, Riyan Parag and Rinku Singh will get another opportunity to enhance their red-ball credentials when the final round of Duleep Trophy matches begin in Anantapur
Mayur Sanap lists five films at MAMI 2024 that took his breath away.
India fast bowler Mohammed Siraj was ruled out of the upcoming Duleep Trophy because of illness.
Suryakumar Yadav will miss the first round match after suffering a a sprain to his right thumb.
Despite the mediocrity at large, these films had me in raptures for the emotions they evoked within as a cheering audience, critic and cinephile.
When I asked Krishna Gopal Sengupta, who had travelled through Bangladesh from Chittagong to Petrapole if the interim government had made any impact at ground level, he said, "it's been only a couple of days. They will need some time." Shyam G Menon reports from Petrapole, India's entry point with Bangladesh.
The top 10 films of the year may not be great by themselves but they stand out amidst the other OTT releases.
Shreyas Iyer, Prithvi Shaw and Ajinkya Rahane flopped with the bat as defending champions Mumbai were shocked by Baroda by 84 runs.
In the absence of national regulars, the focus will shift on the likes of Rinku, who was surprisingly not picked for the first round despite having an impressive first-class record.
Responding to the 'Women, Reclaim the Night' call given on social media by commoners, college students, home-makers and employees of offices will congregate in key thoroughfares in small towns and big cities, including in various parts of Kolkata.
The incident was reported on January 30, and it came to light after the United States-based traveller, identified as Meenakshi Sengupta, lodged a complaint against the flight attendant.
While the pace department needs some urgent solutions, the spin has a slightly different landscape.
Sushmita Sen revealed her inspiration behind how she channelled her emotions into portraying Aarya Sareen in the popular Web series, Aarya Antim Vaar.
This Dussehra will see Tiger Vs Tiger battle it out at the box office!
What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister and finance minister, he understood the importance of gradualism, except when the economy or the polity was in a crisis.
A potential risk to the rupee's appreciation trajectory lies in the event of a delay in the Federal Reserve's rate cut cycle, particularly if core inflation in the US remains elevated.
'The Budget needs to focus more on social welfare schemes.'
Foreign portfolio investors' (FPIs') net investments in the domestic debt market surged in December, marking a 77-month high, that is, since July 2017. According to market participants, this significant uptick in FPI inflows can be attributed to the post-domestic policy outcome and the US Federal Reserve's dovish stance at the December policy. FPI inflows into debt stood at Rs 18,393 crore in December against Rs 14,106 crore in November, according to data on the National Securities Depository Limited.
