The RBI under new Governor Sanjay Malhotra on Friday cut interest rate for the first time in nearly five years as the central bank pivoted the policy stance to support a shuttering economy. The 25 basis points rate cut to 6.25 per cent comes after last rate reduction in May 2020. The last revision of rates happened in February 2023 when the policy rate was hiked by 25 basis points to 6.5 per cent.
Congress does unto AAP what Kejriwal's party had done to it in Haryana.
'International cricket is incomplete without Pakistan.'
'Stay disciplined, and remain invested.' 'Volatile times are the best to invest in structural opportunities at the right price.'
'Unless a comedian is involved in something society deems unforgivable...'
Analysts have largely maintained their positive outlook on HDFC Bank, as the private lender reported in-line results for the October-December quarter (Q3) of the current financial year (2024-25/FY25). They believe the results were 'strong' given the tough macro environment, and relative to peers.
Sally Holkar left America and made India her home nearly 60 years ago. She went on a mission to revive a dying craft and changed the lives of rural weavers.
'If tax-and-spend was expected to trickle down, it has failed; India's rural wages are stagnant, which has wrecked consumption growth,' points out Debashis Basu.
The deportation of Indians from the United States, deaths in the Maha Kumbh stampede and the joint Parliamentary committee report on the Waqf bill were among the issues that led to heated exchanges and some disruptions in an otherwise smooth first part of the Budget session that ended on Thursday.
The solution to Manipur's problems lies in the government giving concessions to Meitis in jobs and education and to accept autonomy for the tribal dominated areas inhibited by the Kukis, suggests Colonel Anil A Athale (retd).
'I believe that the overall demand for commercial vehicles will improve, even though there is a slowdown in the GDP.'
In today's rapidly evolving digital payment landscape, security concerns remain a top priority for stakeholders across sectors.
According to the report, Lancashire issued a statement saying they had been looking for a partner, preferably from the IPL, and now that the deal has been secured they foresee an "exciting future" for the side.
The RBI is likely to reduce the key interest rate by 25 basis points this week after keeping it on hold for two years, complementing the Union Budget initiatives to push consumption-led demand, though the sliding rupee continues to be a concern. As the retail inflation has remained within the Reserve Bank's comfort zone (less than 6 per cent) for most of the year, the central bank can take rate action to boost growth hit by sluggish consumption, opined experts.
'The choice is clear: We either embrace this transformation and cement our global leadership, or hesitate, lose ground, and fade into irrelevance.'
The BJP's victory in the 2025 Delhi Assembly elections was largely attributed to the Yamuna pollution issue, with the party successfully capitalizing on the backlash from Haryanvi-origin voters who perceived AAP's narrative on the river's pollution as an attack on their home state. The BJP's campaign focused on presenting itself as both the protector of Haryana's honor and the party with a concrete vision for the Yamuna's revival, ultimately leading to AAP's significant decline in the Yamuna belt and rural areas.
'Growth for some companies has been hard to come by and this is a smart way to get there.'
'We are getting to understand the mind of this generation.' 'Minor tweaks are being made to ease the process as we go along.'
Zomato emerged as the biggest gainer, followed by Reliance, Nestle, Asian Paints and Power Grid.
Gold demand in India witnessed a 5 per cent on-year rise at 802.8 tonnes in 2024 supported by reduction in import duty, and purchases related to weddings and festivals, and going ahead consumption of the yellow metal in 2025 is likely to be between 700-800 tonnes, according to the the World Gold Council. The World Gold Council (WGC) in a report on Wednesday said gold demand in the country in 2024 stood at 802.8 tonnes, as against 761 tonnes in 2023.
Hailing the Bharatiya Janata Party's Delhi assembly polls victory as 'historic', Prime Minister Narendra Modi on Saturday launched a stinging attack on the Aam Aadmi Party and the Congress, saying the country needs a serious political transformation and not politics of 'dhoort-ta (deceit) and moorkhta (foolishness)'.
'As the Budget has taken some measures to spur growth, similar action from the MPC may be expected.'
We the people are left in the wind, waiting on the whims of an unengaged president and an oligarch with a nearly bottomless wallet, observes Sree Sreenivasan.
Simplifying investment policies at the micro level and introducing a time-bound framework will be critical for India's growth targets, notes Krishna Ella.
'We will be very, very proactive in providing whatever liquidity requirements are needed.'
State Bank of India, Adani Ports, Tata Consultancy Services, ICICI Bank, Reliance Industries and PowerGrid were also among the laggards.
The national team, captained for the bulk of those years by Misbah Ul Haq, hosted its 'home' games in the United Arab Emirates and remained relatively successful until fixtures trickled back onto Pakistani soil in 2018.
India's forex reserves increased $5.57 billion to $629.56 billion in the week ended January 24, the Reserve Bank said on Friday. In the previous reporting week, the overall kitty had dropped $1.89 billion to $623.98 billion.
We must bring a laser focus on our own interests, and define our friends and foes more clearly instead of trying to live by somebody else's rules. We must grow up, think for ourselves, think India First, asserts R Jagannathan.
'We face the risk of remaining a low-income country for a very long time unless something changes in the next few years.' 'Instead of constantly talking about becoming a developed economy, we need to start fixing the problems of the economy one by one.' 'There is so much potential, and we are squandering away the opportunity.'
'The finance minister has done as much as she can when you look into the fiscal constraints she had.'
'Once filed, it cannot be revised or rectified.'
Gujarat and Himachal Pradesh are set for a high-stakes clash as they battle for the final quarter-final spot from Elite Group B.
The government on Saturday announced a host of measures such as setting up of a new Fund of Funds Scheme (FFS) with Rs 10,000 crore corpus; and extension of period of incorporation by five years with a view to promote growth of budding entrepreneurs.
Karnataka need to win with a bonus point win against table-toppers Haryana in their final league match to advance to the quarter-finals.
The draft digital personal data protection (DPDP) rules, which require banks to obtain explicit consent from their customers before using their data for purposes beyond the original intent, although is being followed in spirit, leaves no room for regulatory arbitrage, experts said. They said that the potential business impact is difficult to assess at this stage, but the formalisation of these rules will mean banks now need to establish clear data processing agreements with third-party entities to ensure compliance.
The monthly Rs 2500 payment for poor women is expected to cost Rs 11,000 crore while the pension scheme of Rs 2000 for every senior citizen will cost around Rs 4100 crore. The Yamuna clean up will cost over Rs 10,000 crore while a similar amount is required to upgrade Delhi's hospitals. Ultimately, the new BJP government will have no choice but to ask the centre for financial support, notes Rashme Sehgal.
The Supreme Court of India ordered the release of a man who had spent 25 years in prison for murder, ruling that he was a juvenile at the time of the crime. The court found that the convict, Om Prakash alias Raju, had been wrongly convicted due to errors by the courts in determining his age. The case highlights the importance of proper age verification and the need for courts to actively ensure the fair treatment of juveniles within the legal system.
The Reserve Bank of India on Friday decided to keep the policy rate unchanged for the 11th time in a row but sharply lowered the GDP growth forecast to 6.6 per cent for the current fiscal, as against earlier projection of 7.2 per cent. The Reserve Bank of India (RBI) maintained the status quo on interest rate despite July-September quarter GDP growth falling to 7-quarter low of 5.4 per cent, as against its own projection of 7 per cent.
'Some part could be used for consumption purposes, and the rest could be used to meet important financial goals.' 'The split can be 30:70 to 50:50, depending on one's situation.'
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