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.
While 28,141 applicants accepted internship in round one, in the second phase this was down to 24,638.
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.
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.
India's first lifestyle and music festival -- Myntra GlamStream Fest 2025, where fashion, beauty, music, and pop culture come together -- was held on November 16 at the MMRDA Grounds in Mumbai.
All of a sudden, the Ramayana is a much sought-after source for epic movie makers.
Vogue World 2025 was all about cinema and Hollywood glamour but Maitreyi Ramakrishnan brought a pinch of desi to the Los Angeles red carpet.
Both Suryavanshi and skipper Mhatre are coming into the tournament following a great run of form in the ongoing Syed Mushtaq Ali Trophy.
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.
Manish Malhotra kicked off the Diwali party scene by inviting his A-lister friends over. The ladies did come over, and it looked like a Manish Malhotra ramp walk into his home.
Sunita Kapoor hosted her annual Karwa Chauth party for friends, and they came in various shades of red and yellow.
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.
'I'm so grateful Kathal is getting the recognition it deserves.'
The Reserve Bank of India on Tuesday said it will shortly issue banknotes of Rs 100 and Rs 200 denominations bearing the signature of Governor Sanjay Malhotra. "The design of these notes is similar in all respects to Rs 100 and Rs 200 banknotes in Mahatma Gandhi (New) Series," it said in a statement
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.
Nancy Tyagi's sari-inspired look for Tyla's maiden visit to India is the inspiration moment that aptly blends global glam with desi charm.
'From the heartbreak of 2005 to the fight of 2017, every tear, every sacrifice, every young girl who picked up a bat believing we belong here, it all led to this moment.'
Sanya Malhotra made even a colour like grey look good at the world premiere of her new film, Bandar, at the Toronto International Film Festival.
'The industry has lost a legend... and we've lost someone who shaped the very soul of our cinema.'
Akhanda 2: Thandavam may appeal to Nandamuri Balakrishna's fans and will be a madcap awakening for those uninitiated in Boyapati Sreenu's no goofball ideas in constructing action, notes Arjun Menon.
Sanjay Malhotra on Wednesday took charge as the 26th Governor of the Reserve Bank of India. Malhotra, a career bureaucrat, arrived at the central bank's headquarter this morning, where he was welcomed by senior RBI staffers. The central bank confirmed Malhotra's appointment through a post on the microblogging site "X" and also shared a few pictures.
Following the high-intensity blast outside the Red Fort, which claimed the lives of at least 12 people, members of the film fraternity have come forward to condole the tragic loss.
Film folk and politicians spent Monday evening rubbing shoulders at the grand wedding reception of Vedant Birla, son of industrialist Yashovardhan (Yash) and Avanti Birla, and Tejal Kulkarni, Supriya and Sanjeev Kulkarni's daughter, at the luxurious St Regis hotel in central Mumbai.
Instagram is sure looking pretty these days, as actresses glam up the feeds in their Diwali ensembles and share beautiful wishes.
Reserve Bank Governor Sanjay Malhotra on Wednesday exhorted the fledgling fintech ecosystem to focus on the underserved sections of the society to deepen financial inclusion. Speaking at the annual Global Fintech Fest in Mumbai, Malhotra accepted that serving the "privileged" will be a lucrative business, but urged the smaller companies to focus on the underserved.
Film folk have been looking very glamorous in the last two days, thanks to the Bollywood Hungama OTT India Fest.
Esquire India, in association with Michael Kors, hosted its first ever Diwali Party in Mumbai this year, and invited the hottest faces of the film industry.
This year at Manish Malhotra's annual Diwali bash, someone new caught everyone's attention.
Reserve Bank Governor Sanjay Malhotra on Wednesday said there is no proposal to levy any charge on UPI transactions.
The Supreme Court questions the government's reluctance to consider lethal injection as an alternative to hanging for death row convicts, highlighting the need for evolution in execution methods.
From double dates to Demogorgon, it's all there on OTT this week. Sukanya Verma lists them.
#WeTheWomen returned to Mumbai for its eighth edition.
'Rate cut looks unlikely and there is reason to believe that the cycle is over.'
A retired banker in Delhi lost his entire life savings, amounting to Rs 23 crore, to cyber fraudsters who posed as ED and CBI officers. The victim was kept under 'digital arrest' for over a month and forced to transfer funds under duress.
The wedding season is on, and it's time to turn up the style quotient and spice things up.
Satish Shah passed away into the ages on Saturday, October 25. He was 74. His funeral was held on Sunday. The talented actor's prayer meet was held in Mumbai on October 27, it was attended by friends from the television and film industries.
Producer Ramesh Taurani hosted a Diwali bash for friends and colleagues from show business, and many, MANY of them turned up!
The government on Monday appointed Revenue Secretary Sanjay Malhotra as the 26th Governor of the Reserve Bank of India. The Appointments Committee of the Cabinet cleared Malhotra's name, who has been appointed as the RBI Governor for three years, starting Wednesday. Malhotra, a 1990 Batch Rajasthan Cadre IAS Officer, will replace Shaktikanta Das, whose tenure ends on Tuesday (December 10, 2024).
'I enjoy making gestures, big or small, based on what makes my partner and me feel comfortable.'
Celebs everywhere are ditching the done-to-death cholis and opting for corsets instead. From saris to lehengas, these cinched up fits are giving desi wear a hot new update.
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