Earlier, such entities were only permitted to invest their rupee surplus balance in accounts in central government securities, including treasury bills. "It has now been decided to also permit investment of these balances in non-convertible debentures/bonds and commercial papers issued by an Indian company," the RBI said.
'The pace of gold's ascent is striking, with prices rising from $3,500/oz to $4,000/oz in just 36 days -- far quicker than the historical average of 1,036 days taken to achieve similar $500/oz gains.'
Prime Minister Narendra Modi on Monday said the exceptional coordination among the three armed forces -- fear instilled by the Navy, extraordinary skills of the Air Force and bravery of the Army -- forced Pakistan to its knees during Operation Sindoor in no time.
Suryakumar also gave due credit to Rohit Sharma for teaching him the tricks of the leadership trade.
'They are positioned as defensive products and can potentially give marginally higher returns than liquid funds.'
Manchester United manager Ruben Amorim would have enjoyed some relative calm during the international break after backing from club co-owner Jim Ratcliffe but will find himself in the Premier League maelstrom once again at Liverpool on Sunday.
Varun Chakravarthy said head coach Gautam Gambhir has instilled in the Indian team a mentality that leaves no room for mediocrity and where losing is not an option.
'I said, fellas, come on, let's make a deal, let's do some trading, let's not trade nuclear missiles, let's trade the things that you make so beautifully, and they both have very powerful leaders, very strong leaders, smart leaders, and it all stopped.'
Lower rates effectively increase disposable income, strengthen purchasing capacity, and support broader consumption growth.
Prime Minister Benjamin Netanyahu on Monday nominated United States President Donald Trump for the Israel Prize, the country's highest civilian honour, hailing him as 'the greatest friend that Israel has ever had in the White House'.
Murders disguised as accidents. In one horrifying case, a man insured his father, mother, and wife -- then allegedly killed them all. He claimed Rs 54 crore in insurance.
A court in Antwerp on Friday cleared the extradition of fugitive diamantaire Mehul Choksi, noting that his arrest by the Belgian authorities on India's request was valid, officials in the know of the development said.
The White House has criticized the Nobel Peace Prize Committee for allegedly overlooking President Donald Trump's contributions to global peace, citing his efforts in brokering deals and resolving conflicts.
'Kasparov was lucky to clinch the first game as disaster struck Anand at a close-to-winning position when the Indian ran out of time after "forgetting" to keep an eye on the clock.'
The development comes as relations between the two countries showed marked improvement following the four-day military conflict between Pakistan and India in May.
'Shah Rukh takes any attack on his friends personally.'
A string of welfare schemes and promises tests the state's budget, which is already heavily dependent on central support and spends little as capital outlay.
Retail inflation slipped to 1.54 per cent in September from 2.07 per cent in the preceding month mainly due to subdued prices of food items, including vegetables and pulses, according to government data released on Monday. The consumer price index (CPI) based inflation was 5.49 per cent in September 2024.
'We cannot deny that Pakistan also played brilliantly.'
Sprint legend Usain Bolt will trade his running spikes for football boots as he is set to visit India for a unique exhibition match in Mumbai on October 1.
India Inc, which is sitting on cash balances of 13.5 trillion, is using the funds to meet capital expenditure as well as brownfield expansion, resulting in 'anaemic' demand for bank loans, State Bank of India (SBI) chairman CS Setty said at an event on Monday. He added that a slowdown in corporate credit is mainly due to lack of demand.
Sri Lanka head coach Sanath Jayasuriya has lauded India opener Abhishek Sharma's fearless batting, crediting the team management for allowing the youngster to play his natural game.
'Look after your own mother before looking after your neighbour's mother.' 'I don't believe in starving my own mother and feeding sweets to the neighbours.'
Indian Super League side FC Goa suffered a 0-2 defeat to FC Istiklol of Tajikistan in their second AFC Champions League 2 Group D match in Hisor, Tajikistan on Wednesday.
'When I joined the India team, M S Dhoni had told me, "Kisi ki baaton mein nahin aana. Jab tu acha karega, toh poori duniya tumhare saath rahegi, aur jab kharaab karega, yahi duniya tujhe gaali degi".'
Bhutia calls for systemic overhaul, urges India to follow Asian football models
Yash Dhull smashed his way to 92 but Vidarbha bowling unit proved too good for Rest of India as they comfortably won the Irani Cup by 93 runs in Nagpur on Sunday.
Harsh Dubey wants to represent India but the Vidarbha spin bowling all-rounder is in no hurry to don the national team jersey.
'The biggest game changer has been the belief among Maoists that they can surrender and join the mainstream'
The Reserve Bank of India (RBI) has allowed banks to grant need-based working capital loans to manufacturers using gold as raw material, extending the provision currently available only to jewellers. Banks are generally prohibited from lending for the purchase of gold/silver in any form, or lending against the security of primary gold/silver.
Banking credit in the economy grew by 11.1 per cent year-on-year (Y-o-Y) in the fortnight ended March 7, while deposits grew at 10.2 per cent during the same period, which is a gap of around 90 basis points (bps), according to the latest data from the Reserve Bank of India (RBI).
Ahead of India game, Alyssa Healy derives confidence from Australia's incredible depth
'Funny enough, I'm not one for records, but when you mention Meg Lanning, I'm glad I'm above that one. As long as we are winning the games, then I'm all good.'
Some of the leading life insurance companies have reported a sharp decline in the number of lives covered in FY25, largely due to a slowdown in credit-linked life insurance policies. Stress in the microfinance segment has reduced loan disbursements and, in turn, the flow of new customers to insurers.
India's brittle energy security is inextricably linked to two opposing paradigms - fossil fuels, and the transition to green energy. The first powers the present; the second paves the way for Viksit Bharat in 2047.
This weekend, we lost Diane Keaton, that piece of American heart, Hollywood's darling hummingbird. Thank God she is still alive in her films. Aseem Chhabra on the Hollywood star he was in love with.
'This is not a case of tax evasion but the result of long-standing ambiguities in GST rules and unawareness.'
The entire election process will be concluded by November 16.
CPGRAMS -- an online platform available to citizens 24x7 to lodge their grievances to public authorities on service delivery -- has existed for close to two decades. But it has never been this active, points out Tamal Bandyopadhyay.
Former captain Heather Knight guided England to a four-wicket win over a spirited Bangladesh in the Women's World Cup on Tuesday.
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