Texas Governor Greg Abbott has directed state agencies and public universities to suspend new H-1B visa petitions through May 2027, a move likely to affect Indian professionals. The order comes amid ongoing debate over skilled immigration and potential impacts on academic research and innovation.
President Droupadi Murmu addressed Parliament, urging unity on national issues like 'Viksit Bharat', swadeshi, and national security. She highlighted government initiatives and the nation's progress.
'We kept this Budget on a larger plank, rather than on one incident, however serious.'
'Grassroots-level corruption, which disrupts the last-mile work, cannot be ignored in your enthusiasm and drive to get going to complete the project.' 'Like it was in MGNREGA, in some states, it is the case with the Jal Jeevan mission.' 'The last minute levels of corruption can ruin the intent of the project itself.' 'When you see that people can game a particular well-intended and well-crafted project, you need to correct that.'
8 Member of Parliaments were suspended from Lok Sabha for tearing & throwing papers at the Chair till April 2. Uproar started when Rahul Gandhi was barred from citing former Army Chief, General M M Naravane's memoir on 2020 India-China clash. Rediff.com brings you the details of these MPs who were suspended.
Tamil Nadu Chief Minister M K Stalin on Saturday claimed that Governor R N Ravi 'insulted' the gubernatorial position he holds, by not reading out the speech at the commencement of the assembly session.
Gehlot had on Wednesday refused to deliver the address to the Karnataka legislature, leading to a stalemate over the fate of the customary speech that outlines the government's policies.
The rupee slumped 5 per cent in 2025 as persistent capital outflows from foreign investors, alongside heightened dollar demand from importers, making it one of the worst-performing Asian currencies.
India was being evaluated for a potential weight of around 1 per cent in the index, an allocation that could have translated into $25 billion of inflows, spread over roughly 10 months.
India is evaluating its involvement in the Chabahar port project in Iran due to potential US tariffs. The US had granted India a waiver for the project, but it expires soon. India is exploring options to continue supporting the port's development while minimizing exposure to US sanctions.
The Reserve Bank of India (RBI), in its Financial Stability Report (FSR), cautioned that stress tests indicate two scheduled commercial banks (SCBs) may have to dip into their capital conservation buffers (CCBs), unless stakeholders infuse capital, under a scenario involving a gradual slowdown in domestic GDP growth and a moderate rise in inflation, with limited policy easing space available to the central bank.
Water conservationist Rajendra Singh blames corruption and faulty infrastructure for the contaminated water crisis in Indore, which led to multiple deaths. He criticizes the city's reliance on the Narmada River and the lack of responsible water management.
I am inclined to believe that the Venezuela adventure is not an indication of American strength, alas, but rather of American weakness, points out Rajeev Srinivasan.
China has made serious inroads into Latin America, which the US may now be hinting is simply not ok: Stay in your lane, Xi! In simple terms, China will no longer have access to Venezuelan oil, points out Rajeev Srinivasan.
A 500 per cent tariff would effectively shut out India's goods and services exports to the US.
The rupee fell 23 paise against the greenback to settle at a new all-time low of 91.01 (provisional) on Tuesday, weighed down by relentless foreign fund outflows, no breakthrough in India-US trade deal, and persistent US dollar buying.
The banking sector could see better loan growth in the third quarter of financial year 2026 (Q3FY26) with improved net interest margins (NIMs), though the full impact of latest rate cuts will be largely felt in the fourth quarter. There may be lower slippage in unsecured loans and microfinance institutions (MFIs) along with steady recovery trends, which should lower credit cost.
The passing of bills without Parliament, including the treasury benches, having any real understanding of what they contained through any rigorous process has accelerated through the Modi era, points out Aakar Patel.
Maharashtra Deputy CM Eknath Shinde launched a veiled attack on Uddhav Thackeray, invoking characters from a film to criticize Thackeray's leadership and policies ahead of upcoming municipal elections. Shinde highlighted government initiatives and defended his position, while also criticizing the opposition's performance.
Gold and silver prices are poised to maintain their record-setting rally in the coming week as investors focus on global inflation data and key macroeconomic indicators that shape central bank policy paths, analysts said.
As the rupee remains under pressure due to several headwinds and the uncertainty around the India-US trade deal, the Reserve Bank of India (RBI) has been stepping in only to calm volatility, not to stop the fall.
'This will split the Marathi and Shiv Sena vote.' 'The BJP has conducted 3 surveys indicating they shall secure 109 seats in the BMC.' 'They do not wish for the Shinde Sena to demonstrate excessive strength in the BMC.' 'If the Thackerays secure 60-70 seats, that will affect Shinde's seats.'
'We expect modest returns in 2026 versus the steep gains seen over the past few years.'
The Trump administration has sanctioned entities and individuals from India involved in sales of Iran's petroleum and petroleum products, saying the funds from this trade support Tehran's regional terrorist proxies and procure weapons systems that are a direct threat to the US.
Gold prices surged by Rs 4,000 to touch an all-time high of Rs 1,37,600 per 10 grams in the national capital on Monday, tracking firm global cues, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had closed at Rs 1,33,600 per 10 grams on Friday.
China executed Bai Tianhui, a former top official of a state-owned financial firm, for accepting bribes totaling CNY 1.108 billion (about USD 157 million).
The US Fed's interest rate decision will be the major factor dictating trends in the domestic equity market this week, with global movements and foreign investor activity also influencing sentiment, according to analysts. Stock markets ended the last week on a subdued note, with benchmark indices Sensex and Nifty closing flat.
Importers are rushing to hedge their dollar positions amid the sharp depreciation of the rupee against the American currency and expectations of further volatility even as exporters are holding off after suffering mark-to-market (MTM) losses on earlier hedges.
The rupee breached 90-levels against the greenback for the first time on Wednesday, falling 6 paise to 90.02 in early trade, as banks kept buying US dollars at higher levels and FII outflows continued.
Congress MP Manish Tewari has introduced a bill in Lok Sabha that seeks to allow parliamentarians to take an independent line in voting on bills and motions other than those affecting the government's stability in a bid to free them from "whip-driven tyranny" and promote "good lawmaking".
Indian-origin steel magnate Lakshmi N Mittal, until now based in Britain and a regular on the country's richest billionaires tally, has decided to quit the UK as the Labour Party-led government's feared tax shake-up for the super-rich nears, according to a UK media report on Sunday.
Congress leader Rahul Gandhi accuses the BJP of 'vote chori' in collusion with the Election Commission, calling it an anti-national act. He raised concerns about election reforms and institutional capture.
The US Department of the Treasury on Wednesday imposed sanctions on Russia's two largest oil companies, Rosneft and Lukoil, in an effort to pressure the Kremlin to end its war in Ukraine.
NCP (SP) head Sharad Pawar criticized Maharashtra Deputy Chief Minister Ajit Pawar's 'vote or no funds' remark, deeming it inappropriate to seek votes based on financial assurances. He also stated that the state government's aid to farmers is insufficient.
Congress MP Priyanka Gandhi Vadra challenged Prime Minister Narendra Modi to a Lok Sabha debate on Jawaharlal Nehru's 'mistakes' to address criticisms and focus on current issues like unemployment and inflation.
Parliamentary Affairs Minister Kiren Rijiju stated the government is ready to discuss the special intensive revision of electoral rolls, but cautioned the Opposition against setting timelines. This comes after the Opposition demanded an immediate discussion on the matter, citing concerns over the safety of BLOs and the importance of the issue for democracy.
The Indian banking sector could be due for a rise in profitability after several quarters of net interest margin (NIM) compression. The Q2FY26 results suggest NIMs have bottomed out.
US President Donald Trump has said that India should not be "dumping" rice into the United States market and he will "take care" of it, while stressing that tariffs will solve the "problem" easily.
Rajya Sabha Leader of Opposition Mallikarjun Kharge assured Chairman CP Radhakrishnan of cooperation from the Congress party in the smooth conduct of the House, while also urging him to treat the Opposition and Treasury benches equally. He also mentioned the previous Chairman, triggering protests.
The Indian nationals sanctioned include Varun Pula, who owns Marshall Islands-based Bertha Shipping Inc., which owns and operates Comoros-flagged vessel PAMIR.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances