The amount involved in banking system frauds surged to Rs 21,515 crore in the first half of FY26, up 30 per cent from the same period last year, even as the number of frauds fell 2.8 times to 5,092.
The Bharatiya Janata Party on Tuesday said it held a formal meeting with a Chinese delegation openly, given the "improved" relations between New Delhi and Beijing, unlike the Congress which, it alleged, "secretly" signed a memorandum of understanding with the neighbouring country's ruling party.
Governor Hari Babu Kambhampati expressed deep anguish over the incident, and stressed the need for a thorough and impartial investigation and strict punishment for the culprits as per the law.
Maharashtra minister Manikrao Kokate was stripped of his portfolios after being convicted in a 1995 cheating and forgery case. His ministries have been reassigned to Deputy Chief Minister Ajit Pawar. Kokate has been admitted to Lilavati Hospital after complaining of chest pain.
The future of India will be shaped and decided by the choices the RSS makes now, argues Colonel Anil A Athale (retd).
The Supreme Court has stated it will intervene to resolve the deadlock over the selection of vice chancellors for two technical universities in Kerala if the Chief Minister and Governor do not reach a consensus.
'China's basic purpose of taking the Shaksgam Valley was access to the Indian Ocean.'
The Supreme Court has questioned the practice of Governors withholding assent to bills indefinitely, stating that it renders the constitutional provision of 'as soon as possible' meaningless.
Whether Freedom At Midnight 2 has a political agenda, a bias or two will be read into it, depending on the affiliation of who is watching, notes Deepa Gahlot.
A woman with a doctorate boycotted Tamil Nadu Governor R N Ravi during a convocation ceremony at Manonmaniam Sundaranar University, protesting his actions against Tamil and Tamil Nadu.
'We have seen that stablecoins lack the basic attributes of money, their advantages are neither unique nor unambiguous and their risks are all too real.'
Congress leader Shashi Tharoor addresses concerns about his recent statements, asserting his alignment with the party's principles and goals.
This comes as people in Iran continue to protest against rising prices and economic hardship pouring into the streets across several provinces in Iran, with some protests escalating into fatal confrontations with security forces, CNN reported.
United States President Donald Trump held a New Year bash at his Florida resort on Thursday and when he was quizzed about his wish for the New Year he said he wanted peace on Earth, reported Fox News.
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.
A legend that sprang up after the Turkman Gate killing is that when the shrine is disturbed, the government will fall, as it happened with the Indira Gandhi government.
BJP-ruled states argued in the Supreme Court that governors and the President have autonomy in assenting to bills passed by state assemblies, asserting that courts cannot mandate assent.
'It makes law-making on the part of the state governments much more difficult and throws up bottlenecks as governors are not acting on bills.'
Security has been tightened in Beldanga, West Bengal, ahead of a foundation stone-laying ceremony for a proposed mosque, modelled on Ayodhya's Babri Masjid. The area has been placed under high security with additional forces deployed.
Reserve Bank Governor Sanjay Malhotra on Friday said the central bank does not target any band for the rupee in the forex market, and allows the domestic currency to find its own correct level.
The Supreme Court has ruled that a Governor cannot send bills to the President for consideration if the state assembly has already cleared them for a second time. The court was questioning the Centre over the powers of the Governor when it comes to granting assent to bills.
The Centre has opposed the imposition of fixed timelines on governors and the President for decisions on bills passed by state legislatures, arguing that such constraints were intentionally omitted by the Constitution's framers.
Zohran Mamdani, of Indian origin, was sworn in as the 112th Mayor of New York City, promising an agenda of affordability and inclusivity. He is the first South Asian and Muslim to hold the position.
Zohran Mamdani, of Indian descent, was sworn in as the 112th Mayor of New York City, marking a historic moment as the first South Asian and Muslim to hold the position. The ceremony took place in an old subway station, symbolizing a new era for the city.
Christmas was celebrated with devotion and festive gaiety across India, with churches decked in lights, midnight masses, and community events spreading cheer. Leaders extended greetings, and celebrations took place in various states with prayers for peace and harmony.
The Supreme Court of India has ruled that no timelines can be imposed on governors and the president to grant assent to bills passed by state assemblies, clarifying the extent of their powers under Article 200 of the Constitution.
The Indian rupee, swaying through multiple headwinds, tiding over global trade disruptions and massive foreign fund outlfows, is unlikely to arrest its descent until tariff impact overhangs, notwithstanding robust domestic macroeconomic tailwinds. The Reserve Bank of India (RBI), which sees the rupee's depreciation as a silver bullet to offset the tariff shock, expects the currency to find its stable course once India reaches a trade deal with its largest trading partner, the US.
The Supreme Court is examining the extent to which courts can intervene when governors delay or refuse to act on bills passed by state assemblies. The court questioned the Centre on whether judicial review is barred in cases of gubernatorial inaction, sparking debate on the balance of power between states and the central government.
US Vice President JD Vance has strongly criticized commentators for making derogatory remarks about his Indian-origin wife, Usha Vance, following racist comments from a right-wing podcaster.
Congress veteran and former Lok Sabha Speaker Shivraj Patil passed away at 90. He served as Union Home Minister and held several key posts during his long political career.
Shrugging off concerns over the depreciation of rupee, the RBI has cut interest rate by 25 basis points to 5.25 per cent in a bid to further bolster economic growth, which rose to a six-quarter high of 8.2 per cent in the second quarter of the current financial year.
Shrugging off concerns over the depreciation of rupee, the RBI has cut interest rate by 25 basis points to 5.25 per cent in a bid to further bolster economic growth, which rose to a six-quarter high of 8.2 per cent in the second quarter of the current financial year.
NDA constituents AIADMK and BJP have started preliminary discussions for the 2026 Tamil Nadu Assembly elections. Key leaders from both parties met to discuss strategies to defeat the DMK government and strengthen their alliance.
West Bengal Chief Minister Mamata Banerjee on Tuesday accepted Aroop Biswas's resignation as the sports minister in the wake of the controversy over the mismanagement of football icon Lionel Messi's event last week, a senior leader of the ruling Trinamool Congress said.
Overall economic activity continued to hold up in November with demand conditions remaining robust, thanks to strengthening urban demand, but manufacturing and rural demand showed some signs of deceleration even as services remained strong, according to an article on the State of the Economy written by Reserve Bank of India (RBI) officials in the central bank's December bulletin.
* Repo rate reduced by 25bps to 5.25 pc; * 4th rate cut, totalling 125 bps, since February 2025; * MPC also decided to continue with neutral stance; * GDP growth forecast for FY26 raised to 7.3 pc from 6.8 pc;
The core dilemma remains: Why provide further stimulus to an economy that is already booming at an 8 per cent growth rate? asks Rajeswari Sengupta.
The Reserve Bank of India (RBI) on Tuesday announced a fresh round of liquidity measures through open-market operations (OMOs) and a foreign exchange buy-sell swap, under which it will inject close to Rs 3 trillion into the banking system. The central bank said it would purchase Government of India securities worth Rs 2 trillion through OMOs, spread across four tranches of Rs 50,000 crore each to be conducted on December 29, January 5, January 12 and January 22.
Malik had served as the 18th governor of Goa between November 3, 2019, and August 18, 2020.
Nationalist Congress Party minister Manikrao Kokate has resigned from the Maharashtra Cabinet after a court upheld his conviction and two-year jail term in a 1995 cheating and forgery case. This marks the second NCP minister to resign this year.
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