Despite current headwinds, India remains the world's fastest-growing major economy and should not allow near-term challenges to obscure its long-term growth potential, said Jane Fraser, Citi Chair and Chief Executive Officer.
Non-resident Indians (NRIs) in the Gulf region are increasingly purchasing term life insurance policies from India, driven by geopolitical uncertainties in West Asia and the significant cost advantages offered by Indian products, with the GCC region now contributing over half of the total NRI demand.
Global investment firm KKR remains optimistic about India's long-term growth, citing rising incomes, premiumisation, financial deepening, and demand for quality services as key drivers for its consumption story, even as higher energy prices and AI disruption pose near-term challenges.
Ferrari have secured Charles Leclerc's future with a long-term contract extension ahead of the Monaco Grand Prix, reaffirming their commitment to the Monegasque star as he continues his title challenge in Formula One.
India's procurement of Venezuelan crude oil has picked up momentum since April and the South American nation has already emerged as the third largest oil supplier to the country.
An anti-terrorism court in Pakistan's Punjab province has sentenced Al-Qaeda operative Sadiq Akbar to 31 years in jail for plotting a terror attack. Akbar was arrested in Sahiwal with explosive materials and IED components, having travelled from Khyber Pakhtunkhwa to carry out the attack on his group's orders.
The National Anti-Doping Act will be modified to criminalise trafficking and distribution of prohibited substances to athletes, with jail terms of up to five years for suppliers.
State Bank of India Chairman C S Setty has expressed support for a 'pause' in policy rates by the Reserve Bank of India's monetary policy committee, believing it will help stabilise conditions and support economic growth. He also urged investors to look beyond short-term equity market movements and focus on India's structural transformation, driven by reforms and digital infrastructure.
A 23-year-old British Sikh man has been sentenced to life imprisonment for the murder of a teenage student in Southampton, with the judge highlighting the racial tensions the case has ignited across the UK.
A court in Mizoram's Aizawl district on Tuesday sentenced two Border Security Force (BSF) jawans to 42 years of rigorous imprisonment for raping a woman and attacking her with acid in 2017.
Gianni Infantino confirms he will seek a fourth term as FIFA president, with elections set for 2027 amid ongoing expansion reforms and criticism.
Gujarat's Director General of Police Gyanendra Singh Malik describes the devastating Air India crash in Ahmedabad a year ago, which killed 260 people, as the 'most painful' chapter of his career, highlighting the unprecedented speed of the emergency response and DNA identification process.
Confusion arose regarding the hospitalisation of TMC leader Abhishek Banerjee after he complained of pain following an alleged attack. Despite initial reports suggesting superficial injuries, Banerjee was admitted to the ICU, leading to allegations of political interference in his medical treatment.
Himanta Biswa Sarma was sworn in as the chief minister of Assam for a second consecutive term, along with four other ministers, marking the formation of the third successive NDA government in the state.
The court directed Asaram to surrender in view of the conviction. He is currently out on temporary bail, which was extended by seven days on Monday.
Siddaramaiah has resigned from his position as Chief Minister of Karnataka, following instructions from the Congress high command. D K Shivakumar is expected to succeed him. The decision follows internal discussions and political manoeuvring within the Congress party.
Union Home Minister Amit Shah met President Droupadi Murmu, following a similar meeting by Prime Minister Narendra Modi, intensifying speculation about an imminent reshuffle of the Union Council of Ministers. Recent resignations and new organisational appointments for some ministers are contributing to the buzz.
Amazon CEO Andy Jassy met Prime Minister Narendra Modi and announced the company's intention to invest an additional USD 13 billion in India by 2030, focusing on expanding AI and cloud infrastructure.
Union Minister of State for Minority Affairs George Kurian has resigned from the council of ministers following the conclusion of his Rajya Sabha term. President Droupadi Murmu accepted his resignation, which was effective immediately.
BJP leader Himanta Biswa Sarma has been appointed as the Chief Minister of Assam, marking the NDA's third consecutive government in the state. Sarma's swearing-in ceremony is scheduled for May 12, with key political figures expected to attend.
The demerger of Vedanta's four new entities - Vedanta Aluminium Metal, Vedanta Oil & Gas, Vedanta Power, and Vedanta Iron & Steel - has led to a 16% appreciation in aggregated market capitalisation, with Vedanta Aluminium Metal identified as a likely near-term top performer due to its scale, low production costs, and favourable commodities cycle.
The Supreme Court overturned a Delhi High Court order that had suspended the life sentence of former BJP MLA Kuldeep Singh Sengar in the 2017 Unnao rape case, instructing the High Court to reconsider the plea.
The RBI seems to be acknowledging that all deposits are not equal -- a deposit with a lower run-off assumption is inherently more valuable than one that could disappear overnight, points out Tamal Bandyopadhyay.
'Actual implementation of the 14-point agreement is proving hard to achieve let alone striking and sustaining a long-term treaty or deal.'
A new study reveals that adults who experienced early childhood adversities may have increased mitochondrial respiratory capacity, a 'hypermetabolism' that, while initially a response to cellular stress, can be detrimental to long-term health. The research highlights how early life experiences translate into biological changes affecting physical and mental well-being.
A new study reveals that adults who experienced early childhood adversities may have increased mitochondrial respiratory capacity, a 'hypermetabolism' that, while initially a response to cellular stress, can be detrimental to long-term health. The research highlights how early life experiences translate into biological changes affecting physical and mental well-being.
'India has initiated a bear market and we will still go lower. It has nothing to do with the economy.'
A court in Odisha's Nabarangpur district sentenced nineteen people to life imprisonment for their involvement in a 2016 clash over land cultivation that resulted in three deaths.
The FIFA World Cup trophy's gold content has more than doubled in value since 2022, now estimated at USD 713,000, driven by a broader rally in gold prices due to geopolitical tensions and economic uncertainty. This makes it the most valuable sporting trophy by melt value, significantly surpassing other major awards like the Champions League and American sports trophies.
India's foreign exchange reserves saw an increase of USD 963 million, reaching USD 672.587 billion for the week ending June 19, as reported by the RBI. This rise follows a previous week's drop. While foreign currency assets decreased, the value of gold reserves significantly increased, contributing to the overall growth.
Union Steel Minister HD Kumaraswamy has urged the Indian steel industry to adopt advanced technologies like AI, Machine Learning, and IoT to enhance global competitiveness and productivity. Speaking at a Chintan Shivir, he highlighted that digitalisation is crucial for achieving ambitious steel capacity targets by 2035 and addressing challenges such as operational efficiency, decarbonisation, and export competitiveness. The minister also emphasised how technology can improve safety and reduce downtime in steel plants.
World Cup 2026 is on track to become the biggest betting event in history, with global wagers expected to exceed $50 billion as sportsbooks report record-breaking activity driven by the expanded tournament format and growing legal gambling markets.
West Bengal Chief Minister Mamata Banerjee asserted that the TMC will return to power for a fourth consecutive term, urging opposition parties to unite against the BJP-led NDA government at the Centre.
Amazon CEO Andy Jassy announced an additional USD 13 billion investment in India, bringing the company's total capital commitment to USD 48 billion by 2030. This significant investment will primarily focus on expanding AI and cloud infrastructure, supporting job creation, boosting e-commerce exports, and digitising small businesses, aligning with India's growing digital economy.
Prime Minister Narendra Modi's week-long ongoing tour of France and Slovakia is his 100th foreign trip since he assumed the high office 12 years ago.
The United States and India are on the verge of finalising a landmark bilateral trade deal, aiming to boost trade to USD 500 billion by 2030, according to US Deputy Assistant Secretary of State Bethany Poulos Morrison. The agreement seeks to open India's 1.4 billion-strong market to American goods on reciprocal terms, with ongoing high-level discussions to recalibrate the pact after recent changes in US tariff policy.
Water levels were even lower than the 10-year average in 27 reservoirs in eastern India and around 47 in southern India.
Lending is no longer just about what you've done. It is about how you manage money over time, says Mohit Jain, Co-founder, Finfinity.
Madhya Pradesh BJP president Hemant Khandelwal has termed the land scam allegations against Yadav as "baseless", saying whenever the state has a CM from the backward class, the Congress attempts to weaken him.
A simple SIP-first approach can help reduce debt, avoid EMIs and build lasting financial freedom through disciplined spending, advises Ramalingam Kalirajan
