The recent depreciation of the rupee along with sharp fall in the country's foreign exchange (FX) reserves has sparked a debate whether stability of the exchange rate is necessary and desirable. The rupee was one of the least volatile currencies among peers for almost two years before the current downward pressure started in September after the US Federal Reserve lowered interest rate.
Amid demands for allowing Holi celebration on the Aligarh Muslim University (AMU) campus, its administration has decided that students can do so "freely" at the Non-Resident Students Centre Hall. The decision came after a controversy erupted when members of a right-wing group accused the university administration of denying permission to Hindu students to organize a 'Holi Milan' function on campus. However, the university administration clarified that the decision to allow Holi celebrations at the NRSC Hall was taken because of an AMU board examination scheduled for March 9. The administration further stated that March 10, 11, and 12 are working days and there will be classes, while March 13 and 14 are holidays, making them suitable for celebrations.
Asian champion Sunil Kumar, U-23 Asian Championship gold winner Minakshi, and several other Indian wrestlers gathered at Sports Minister Mansukh Mandaviya's residence, requesting his intervention to secure approval for their participation in the upcoming Ranking Series in Albania.
India's forex reserves dropped by $8.71 billion to $625.87 billion in the week ended January 10, the RBI said on Friday. Earlier, the overall kitty dropped by $5.693 billion to $634.58 billion in the week ended January 3, the Reserve Bank of India said.
'If it is not reversed, it will set a dangerous precedent.'
Jammu and Kashmir alleged that the pitch was tampered with overnight to favor Baroda in their ongoing Ranji Trophy clash.
Bangladesh's veteran opener Tamim Iqbal has announced his retirement from international cricket for the second time.
'Gyanendra back on the throne would be bad news for the Nepali people. He may not have learnt from his experience, but we have.'
Since Sanjay Malhotra took office as governor in December, the Reserve Bank of India (RBI) has adopted a more accommodative stance, which bodes well for banking and the economy as they navigate a growth slowdown, according to analysts.
From the launch of the 'Startup India' initiative in 2016, to the abolition of angel tax and easing of reverse flipping norms, the startup ecosystem is evolving.
Sukanya Verma lists everything that's there on OTT this week.
'All MLAs have the same demand -- to form the next BJP government in Manipur as early as possible.'
'We have opened 100 branches in the last one and a half years. Our manpower is also in place.'
A Delhi court sentenced former Congress MP Sajjan Kumar to life imprisonment for his role in the murder of two Sikhs during the 1984 anti-Sikh riots. The court cited Kumar's age and illness as mitigating factors in its decision to impose a lesser sentence than the death penalty. Kumar was convicted for being part of a mob that set fire to the victims' home and killed them. This is the second life imprisonment sentence for Kumar in connection with the 1984 riots. He is also facing other charges related to the riots.
The Congress on Sunday termed N Biren Singh's resignation from the post of Manipur chief minister as 'belated' and said people of the state were now awaiting a visit by 'our frequent-flier Prime Minister' Narendra Modi.
Akash Kanojia, a driver from Thane, was detained by the Railway Protection Force (RPF) in Durg, Chhattisgarh, as a suspect in the attack on actor Saif Ali Khan. After the real attacker was arrested, Kanojia was released but claims the police's actions have "ruined" his life, causing him mental trauma, job loss, and a broken engagement. He says he wants justice for the ordeal.
India's forex reserves dropped by $5.69 billion to $634.58 billion in the week ended January 3, the Reserve Bank of India said on Friday. In the previous reporting week, the overall kitty had declined by $4.11 billion to $640.28 billion.
A group of around 130 Dalit families in West Bengal's Purba Bardhaman district have been facing discrimination for centuries, being denied access to a local temple. The families, belonging to the traditional community of cobblers and weavers, have been ostracized and face economic hardship due to this caste-based practice. Despite recent attempts by the administration to resolve the issue, the situation remains tense and the families are left with few options.
A special court in Mumbai has directed the Anti-Corruption Bureau (ACB) to register a first information report (FIR) against former Securities and Exchange Board of India (SEBI) chairperson Madhabi Puri Buch and five other officials in connection with alleged stock market fraud and regulatory violations.
India's forex reserves dropped by $4.11 billion to $640.28 billion during the week ended December 27, the Reserve Bank said on Friday. In the previous reporting week, the overall kitty had dropped by $8.48 billion to $644.39 billion.
Serving suspension, he is not included in the tie against Baroda, currently underway in Nashik.
Total market funds are ideal for long-term investors who prefer a simple, hands-off approach, making them suitable for those unwilling to manage multiple funds.
The Delhi government has announced that vehicles older than 15 years will be denied fuel at petrol pumps starting April 1.
Around 1,000 Nepalese students studying at KIIT were issued suspension notices and asked to leave the campus immediately on Monday following protests after the body of a student, Prakriti Lamsal, was found hanging from the ceiling of her hostel room on Sunday.
The Indian rupee is likely to depreciate further against the US dollar through the end of 2024. This is due to the continued strengthening of the greenback, combined with the weakening of the Chinese yuan, which is expected to keep pressure on the Indian currency.
TikTok credited Trump's intervention for providing "clarity and assurance" to its service providers, enabling the app's rapid return.
A group of retired forest officers has written to Prime Minister Narendra Modi demanding the immediate scrapping of the 10,000-acre safari project in Haryana's Aravallis, arguing that it will harm the environment and wildlife. They highlight the "alarming destruction" of the Aravallis due to mining, quarrying, real estate development, and deforestation, and warn that the project could disturb aquifers crucial for water-starved districts. The retired officers also emphasize the importance of protecting the Aravallis, which is the only significant forest cover in Haryana, for its role in restoring humidity and rainfall in the region.
'Neither are Baloch insurgents capable of breaking up Pakistan, nor has Pakistan learned any lessons from the 1971 debacle that led to the country's dismemberment.'
For India to transform into a high-income country with a projected gross domestic product (GDP) of $23-35 trillion, will need a sustained annual growth of 8 per cent to 10 per cent. This will be powered by India's demographic dividend, technological innovation, and sectoral transformation, according to the "India@2047: Transforming India Into A Tech-Driven Economy" report by Bain & Company and Nasscom. By 2047, the services sector is expected to contribute 60 per cent of India's GDP, while manufacturing will account for 32 per cent, both playing a pivotal role in economic expansion.
Riding a bike daily for long distances can put stress on your back so maintaining proper posture is essential, says rediffGURU Dr Shakeeb Ahmed Khan.
The Nagaland cabinet has decided to meet both the NSCN-IM and the Government of India to push for a resolution to the Naga political dialogue. This comes after the NSCN-IM threatened to return to the jungles due to delays in the resolution, and demanded third-party intervention. The Nagaland cabinet will meet with Union Home Minister Amit Shah in Delhi to press for expediting the negotiations. The NSCN-IM has accused the Centre of refusing to honour key provisions of the Framework Agreement, specifically the recognition of the "Naga national flag and constitution." The state cabinet is also scheduled to meet with the NSCN-IM leadership before their trip to Delhi.
With India's EV penetration at just 2.5 per cent, the market presents an opportunity -- provided Tesla gets its pricing right.
Nadaaniyan's lack of charm, chemistry and cheek fails to create any ripples sighs Sukanya Verma.
Trump signs order banning participation of transgender athletes
'How can an Indian match referee allow this Indian replacement? Match officials should be independent to prevent bias.'
A bench comprising Chief Justice Sanjiv Khanna and Justice Sanjay Kumar also indicated that it may not take up the pending scheduled petitions, heard earlier by a three-judge bench, during the day as it was sitting in a combination of two judges.
'Our phones are taken away as we enter the room.' 'They are just asking us to sign without any discussion. If you ask for a discussion, they say, 'Sign first'.'
'As the Budget has taken some measures to spur growth, similar action from the MPC may be expected.'
The Supreme Court declined to hear a public interest litigation (PIL) seeking directions to the Election Commission and state election bodies to address purported duplication and multiple entries in voter lists. The court suggested the petitioner approach high courts with specific grievances and file representations with appropriate authorities.
Australian batting star Steve Smith has said that the cricketing authorities should urgently address the issue of pacers persistently bowling bouncers to a leg side field, as it restricts a batter's ability to hit the ball "anywhere in front of the wicket".
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