RBI Governor Sanjay Malhotra expressed hope that the negotiations between India and US will minimize the impact of the additional 25% tariffs effective from August 27. He assured ample liquidity to support growth and stated that the foreign exchange reserves are sufficient. The RBI is also working on rationalizing macro policies and implementing a grievance redressal mechanism in banks.
South Africa made history by chasing down a huge target of 359 runs in Raipur. Despite India's strong batting, their bowlers failed to take advantage of the pitch, leading to the Proteas' victory. The game saw many records being broken, with Virat Kohli surpassing Sachin Tendulkar and Rahul Dravid to become the player with the most 50+ scores against South Africa.
Uday Kotak, founder and director of Kotak Mahindra Bank, urged Indian businesses to break out of their comfort zone as the rupee hit a record low against the dollar. He attributed the decline to foreign institutions selling Indian equities, which have been on a buying spree. The rupee is one of Asia's worst performers, with foreign investors selling $17 billion worth of stocks this year.
India's paper sector is thriving, with projected growth in demand and production capacity by 2030. It is a key source of rural employment, MSME development, and plays a vital role in packaging and education. The government is promoting renewable energy and carbon-neutrality in the industry, highlighting India's environmental commitment.
India's rapid adoption of AI has transformed automation and data solutions in research, enterprises, and startups. To ensure sustainability and long-term business resilience, leaders must avoid overengineering AI, invest in sustainable infrastructure, manage data value, prioritize people, and measure AI sustainability metrics.
India's Women's Cricket World Cup win has opened up immense commercial prospects for women's sports, with a projected global revenue of $2.35 billion by 2025. Top players like Jemimah Rodrigues and Smriti Mandhana have witnessed a surge in endorsement values, with Mandhana charging Rs. 2 crore per brand. Sponsorships and digital viewership have also seen a boost.
Indian IT workers were once known as "cyber coolies" for their menial tasks, and now there are fears of a similar fate in the age of AI. However, efforts are being made to develop homegrown AI models and India's position in the ecosystem is adaptable. To avoid the label of "bot coolie," Indian companies must prioritize AI development.
IIT K kicks off 2025-26 placement season with record-breaking 672 job offers on first day, 16% increase over last year. 253 PPOs, 9 international offers. Over 250 companies, including Accenture, BlackRock, HSBC, SAP, Airbus, PwC, Navi, Qualcomm, Deutsche Bank, show interest. IITs Roorkee and Madras also see positive trend with top firms returning after two muted years.
Mohit Sharma, the Indian fast bowler, announced his retirement from all forms of cricket, including IPL, in an emotional Instagram post. He thanked his support staff, friends, and family for shaping his journey from Haryana to the international stage. Despite playing for multiple IPL teams, he never won the championship title.
The Dells have donated $6.25 billion to the Trump Accounts, a federal program providing $1,000 investment accounts to American babies. The initiative, part of the One Big Beautiful Bill Act, aims to reach 80% of eligible children in 75% of US ZIP codes. The money can be used for education, retirement, or starting a business after turning 18.
CrowdStrike, a US-based cybersecurity firm, is expanding in India through partnerships with major tech and consulting companies like Infosys, Wipro, TCS, HCL, and Cognizant. Their aim is to reach $5 billion in annual revenue by 2026, with a focus on AI and digital transformation.
Healthify and Novo Nordisk India have joined forces to offer personalized nutrition assistance to GLP-1 medication users. They have also launched Ria Voice, an AI health coach powered by OpenAI. With the increasing adoption of GLP-1 drugs in the US and decreasing prices in India.
India and Russia aim to improve their trade ties by focusing on sectors like engineering goods, pharmaceuticals, chemicals, and agriculture. Currently, India's exports to Russia make up only 2.3% of their imports, leading to a trade deficit of $59 billion.
Experts predict that the rupee's depreciation will have a small effect on the prices of crude oil, fertilisers, and edible oils, while overall inflation remains low. The government plans to raise fertiliser subsidies to maintain stable prices and protect farmers from inflation. Economists have differing opinions on the impact of a weaker rupee, but it is expected to affect inflation.
Virat Kohli continues to impress in ODI format, scoring his 83rd international century in a match against South Africa. He reached his 53rd ODI century in 90 deliveries, leading India to a 17-run win. Sunil Gavaskar praises Kohli's abilities and compares him to a superhero. Ruturaj Gaikwad also shines, scoring 105 runs and fulfilling his dream of batting with Kohli.
The US job market is facing stress in 2025 due to slowing job growth, rising unemployment, and a mismatch between available jobs and workers. In November, private-sector payrolls dropped by 32,000, driven by small businesses shedding 120,000 positions. This raises concerns about labor market stability and may impact the Federal Reserve's rate decision.
JSW Steel has entered into a joint venture with JFE Steel Corporation, restructuring the ownership of Bhushan Power and Steel (BPSL) and creating a separate platform for its future expansion. The deal will reduce JSW's consolidated net debt by Rs 37,250 crore by 2026.
The Indian rupee has reached 90 against the US dollar, raising concerns about the RBI's inconsistent foreign exchange interventions. Analysts suggest that the governor's approach of letting market forces dictate the exchange rate has led to the rupee's decline.
The Indian rupee has reached a record high of 90 against the US dollar due to foreign investors selling and trade uncertainties. This could affect market sentiment in the short term, but FPIs are still interested in earnings, valuations, and trade clarity.
As Russian President Vladimir Putin prepares to land in Delhi tomorrow evening, India and Russia have pulled out all stops to make sure his visit goes smoothly. From elite commandos to high-tech drones and AI monitoring systems, a massive security plan is already in place.
Finance Minister Nirmala Sitharaman stated that the reintroduction of excise duty on tobacco products is not an extra tax burden, but a restoration of the pre-GST system. This will benefit states as 41% of the tax collected will be shared with them. The new rates will replace the current compensation cess, which is expiring soon. She also addressed concerns regarding India's economy.
Sir Benjamin Slade, a 79-year-old British aristocrat, is offering a £50,000 annual salary, accommodation, and meals to find a younger wife who can produce a male heir and secure his family's legacy. Due to COVID-19, he is also looking to sell his estate and has a stockpile of frozen sperm for IVF. Slade has previously used Tinder and ads to find a bride.
Republican Matt Van Epps wins Tennessee's 7th Congressional District special election with a smaller margin than expected, maintaining the seat for Republicans. The district, once a stronghold for Republicans, has become more competitive for Democrats.
The Indian rupee reached a historic low of 90/$ due to the delayed trade deal with the US, limited intervention by the RBI, and foreign outflows. It closed at 90.19 with some support from the RBI, and has depreciated by 5.53% this year, the worst in three years. While the CEA is not concerned, analysts and traders trust the RBI's actions.
The Indian rupee has reached a record low of 90.17 against the dollar, raising doubts about a rate cut at the upcoming RBI meeting. Economists predict that the strong growth of 8.2% in the second quarter and the depreciating rupee will lead to a pause in rate cuts.
Arun Kumar Singh, current chairman of ONGC, has been granted a rare one-year extension till December 6, 2026, showcasing government's trust in his leadership and desire for continuity. Singh's tenure has brought stability and reversed decline in production of crude oil and natural gas. His tough approach and prior experience in the industry make him a valuable asset.
The weakening rupee will greatly affect sectors reliant on imports, such as crude oil, natural gas, edible oils, fertilizers, and FMCGs. The aviation industry, heavily dependent on dollars, will also be impacted.
IndiGo faced major disruptions on Wednesday as over 70 flights were cancelled due to crew shortages and delays. Netizens reported over 200 cancellations and the situation is expected to last for 48 hours.
Katrina Kaif's makeup brand Kay Beauty has achieved a 46% increase in gross sales in just one year, making it one of Nykaa's top five performing beauty brands. This is a remarkable achievement for celebrity-led beauty brands in India, especially when compared to the struggles faced by other similar brands.
Former US President Donald Trump made over 160 posts on his new social media platform, Truth Social, late Tuesday night. He criticized Democratic leaders, including President Joe Biden and Representative Nancy Pelosi, and questioned the citizenship of Representative Ilhan Omar.
India's economy is thriving with an 8% growth rate, but the rupee has weakened by 5% against the dollar. This is attributed to foreign portfolio outflows, stagnant FDI, and a significant trade deficit. However, the rupee's decline is not indicative of domestic weakness, but rather external financing strain.
SEBI has introduced a new framework, SWAGAT-FI, for low-risk foreign investors to easily access the Indian securities market. This will simplify compliance and attract more investments to the country. The framework includes a single-window registration process for multiple investment routes and extends the registration period to 10 years.
Mayor-elect Zohran Mamdani stood up for immigrant communities in NYC after a recent ICE raid sparked protests and arrests. He emphasized his duty to represent all residents, including immigrants, and spoke out against the raids to President Trump. Demonstrators chanted "ICE out of New York" and formed human barriers to block the agency, showing solidarity against their actions.
The government has withdrawn its order mandating the pre-installation of the Sanchar Saathi cybersecurity app on all new smartphones, citing a surge in voluntary downloads. The app, which helps track and block stolen handsets, verify device authenticity, and report cyber fraud, has gained traction without enforcement.
Jaguar Land Rover's chief creative officer, Gerry McGovern, has left the company in an unceremonious exit, following CEO Adrian Mardell's retirement in August. His departure comes as PB Balaji assumes the CEO role, signalling a shift in leadership under Balaji.
Tata Capital settles case with SEBI over unlisted CRPSs, pays Rs 14.4 lakh. Settlement application filed, no admission or denial of findings. SEBI found CRPSs issuance a "public issue", violating Companies Act and SEBI regulations. Navi AMC and Navi Trustee also settle with SEBI in separate case.
The recycling and primary copper production industry, responsible for 75% of domestic production, is being affected by price distortion caused by untaxed end-of-life scrap being used by some recyclers. This results in unfair competition and losses for the government due to fake invoicing and GST arbitrage.
Miley Cyrus is stepping into a new chapter of her life, and her Malibu mansion reflects that transformation perfectly. Set on an expansive stretch of land with sweeping ocean views, the Mediterranean-inspired home blends luxury, privacy and calm - making it one of the star’s most impressive properties yet.
The Calcutta High Court's Division Bench overturned a previous single bench order that had terminated the appointments of 32,000 primary school teachers in West Bengal. The court found irregularities in the recruitment process, but stated that there was no concrete evidence of fraud or bribery.
The Chief Economic Adviser has dismissed worries about the rupee's decline, stating that it will not affect inflation or exports. The rupee has reached record lows and dropped by 5% this year due to foreign outflows and stalled India-US trade negotiations.
Between 2021-2023, there was a notable rise in cases filed by women in India, with Uttar Pradesh having the most reported cases. This data, from the National Crime Records Bureau, revealed an increase in crimes such as domestic violence, kidnapping, rape, and assault.
The Hurun Indian Art List 2025 showcases the top 10 most successful artists in the country, with Aneesh Kapoor taking the lead. 100-year-old Krishen Khanna has made headlines for his impressive work and Rs 91 crore turnover. The list also proves that age is not a barrier to creativity, with artists ranging from 60 to 100 years old. Only two newcomers and one female artist made the cut.
US Defense Secretary Pete Hegseth became the center of attention during a Cabinet meeting with President Donald Trump due to a typo on his name card. While defending a controversial boat strike, Hegseth's card read 'SSecretary of War', causing online backlash and criticism from California Governor Gavin Newsom.
India's textile and apparel exports industry is struggling due to the rupee's record low and steep US tariffs. Challenges include lower export volumes and squeezed margins. The recent depreciation of the rupee has also affected textile processing units. The industry's hope for improvement rests on a resolution of the trade issue with the US in December.
Indian-American former federal prosecutor Saritha Komatireddy is seeking the Republican nomination for New York Attorney General, hoping to replace indicted incumbent Letitia James. With a strong background in law and numerous awards, she is favored to win as most AGs are re-elected without opposition. Her campaign is gaining momentum.
Delhi schools to begin admissions for Nursery, KG, and Class 1 from December 4, following NEP 2020 guidelines. Last date to apply is December 27, with admissions decided by a transparent draw of lots. Age criteria: 3 years for Nursery, 4 years for KG, and 5 years for Class 1. First list of selected candidates to be released on January 23.
The Central government has directed industries in Delhi-NCR to install emission monitors and air pollution control devices by December 31 or face closure. States have been asked to submit their 2026 air pollution action plan this month. The decision was made in a meeting chaired by Union Environment Minister Bhupendra Yadav and attended by CPCB Chairperson Vir Vikram Yadav.
JSW Steel and JFE Steel Corporation have joined forces in a joint venture for Bhushan Power and Steel Ltd, with an equity value of Rs 31,500 crore. JFE Steel will invest Rs 15,750 crore for a 50% stake, making it a slump sale for Rs 24,483 crore. This will boost JSW's balance sheet, increase production capacity, and contribute to the growth of the Indian steel industry.
Airbus has lowered its 2025 delivery goal to 790 commercial aircraft, citing a quality problem in its A320 family. The issue has affected production and deliveries, but the company's financial goals remain unchanged. The A320 has surpassed Boeing's 737 as the top delivered jet, but Airbus is dealing with software recalls and supply chain difficulties.
Chief Economic Advisor of India, V Anantha Nageswaran, is not concerned about the falling rupee against the dollar as it is not affecting inflation or exports. The rupee is expected to improve next year. The reasons for the rupee's decline include reduced intervention by the RBI and high tariffs on Indian exports to the US. The RBI's meeting today will determine if they will intervene
At 62 years old, Bollywood actor Jaaved Jaaferi's youthful looks have sparked curiosity. In a recent interview, he revealed his 'reverse ageing' lifestyle, consisting of a nutrient-rich, low-carb diet and regular exercise. His son, Meezan Jafri, credits his father's healthy habits, like abstaining from alcohol and smoking, for his remarkable appearance.