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 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.
Malik had served as the 18th governor of Goa between November 3, 2019, and August 18, 2020.
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.
A Constitution bench comprising Chief Justice B R Gavai and Justices Surya Kant, Vikram Nath, P S Narasimha and A S Chandurkar, would fix the timelines on July 29 and commence hearing on the presidential reference in mid-August.
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.
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.
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.
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.
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.
* 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;
'Most of them (H-1Bs) are from one country, India, there's a cottage industry about how all those people make money off this system.'
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.
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.
West Bengal Governor C V Ananda Bose led a search operation at the Raj Bhavan following allegations by a TMC MP that arms and ammunition were stored there.
On day two of her visit, President Murmu paid her respects to the brave women warriors of Manipur at the Nupee Lal Memorial Complex in Imphal, here and below. The memorial stands as a tribute to the sacrifice of Manipuri women and commemorates their uprisings in which they challenged the British and feudal powers with great courage.
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.
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.
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.
Navjot Kaur Sidhu claims support within the Congress party after being suspended for her controversial remarks. She also accuses Sukhjinder Singh Randhawa of corruption and links to smugglers.
'Salman is a very hard-working actor whose diligence I have to commend despite the fact that during the shoot, my heart was in my mouth.'
Officials from both India and the US in the recent past have indicated that a "fair deal" will be concluded soon, with Indian officials holding that more formal rounds of talks are not needed.
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.
Navjot Singh Sidhu will return to active politics if the Congress declares him as the party's chief ministerial face in Punjab, his wife and party leader Navjot Kaur Sidhu has said.
The last rites of veteran Congress leader and former Union minister Shivraj Patil were performed with full state honours in his home district, Latur, in Maharashtra on Saturday, with many top leaders in attendance.
The new complex housing the Prime Minister's Office (PMO) will be called 'Seva Teerth', officials said. The renaming reflects a shift towards service-oriented governance and a focus on duty and transparency.
From the Sensex firms, State Bank of India, Bajaj Finserv, Bajaj Finance, Maruti, HCL Tech, Larsen & Toubro, Mahindra & Mahindra and Infosys were among the major winners. However, Hindustan Unilever, Eternal, Tata Motors Passenger Vehicles, and Sun Pharma were among the laggards.
Students at Tezpur University in Assam have shut down the institution, protesting against Vice Chancellor Shambhu Nath Singh over allegations of corruption and financial irregularities. The shutdown has led to the cancellation of end-term examinations and has garnered support from teachers and non-teaching staff.
The All India Football Federation (AIFF) issued a statement clarifying that Lionel Messi's event in Kolkata was a private event organised by a PR agency and the federation was not involved in the "planning or execution" of the event at Salt Lake Stadium on Saturday.
The Reserve Bank of India (RBI) on Friday allowed multiple entities in a bank group to undertake the same business as long as they cater to different client segments, while mandating board approval to ensure that any overlap in business has proper rationale and justification.
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.
Returning to the Brahmaputra for Vijay Diwas was not just a journey across geography, but across memory of war, service, sacrifice, and the enduring bond between the Indian Air Force and the north east, asserts Air Commodore Nitin Sathe (retd).
The Congress leader was Union Home Minister from 2004 to 2008 and the 10th Speaker of the Lok Sabha from 1991 to 1996. He was the Governor of Punjab and also served as Administrator of the Union Territory of Chandigarh from 2010 to 2015.
Former Indian cricket captain Mohammad Azharuddin was sworn in as a minister in Telangana CM A Revanth Reddy's cabinet. His appointment is seen as significant ahead of the Jubilee Hills bypoll.
NDA partners engage in intense lobbying to finalize cabinet berths ahead of the swearing-in ceremony of the new Bihar government led by Nitish Kumar. The new cabinet is expected to include fresh faces from BJP and JD(U), along with representation from smaller alliance partners.
Governor C V Ananda Bose, meanwhile, urged citizens not to be swayed by "provocative statements and rumours" and asked the state to ensure there was 'no disturbance anywhere'.
'I was just a little kid in a darkened theatre, and I remember that beam of light just cut across the room, and I remember looking up, and it seemed to just explode on the screen.'
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