Russian President Vladimir Putin has approved the country's 2025 budget, allocating $126 billion (13.5 trillion rubles) to national defence, which accounts for 32.5% of the total government spending. This marks a significant increase from last year’s budget, highlighting the ongoing strain the war in Ukraine has placed on Russia’s finances. The budget sets a new record, with military spending expected to account for over 6% of Russia's GDP. In contrast, expenditu

Cyclone Fengal continues to affect Karnataka, with Bengaluru and other regions expected to experience rainfall for the next two days. The India Meteorological Department (IMD) has forecast widespread rainfall across Coastal Karnataka and South Interior Karnataka, with moderate rainfall expected on Tuesday. The intensity of rainfall will decrease from the third day. A yellow alert has been issued for Bengaluru, Hassan, Mandya, and Ramanagara, indicating heavy rainfall between 6 cm an

The Reserve Bank of India’s Monetary Policy Committee (MPC) is expected to maintain the status quo on the benchmark repo rate at 6.5% in its upcoming meeting from December 4 to 6. Despite India's GDP growth slowing to 5.4% in the July-September quarter, economists suggest that inflation concerns will likely take precedence, making a rate cut unlikely in December. Retail inflation rose to 6.2% in October, exceeding the RBI’s target range of 2-6%. Though a repo rate cu

The Indian cricket team has significantly boosted its chances of qualifying for the ICC World Test Championship (WTC) final with a commanding 295-run victory over Australia in Perth. However, the qualification process remains complex, with multiple scenarios playing out over the next few months. India, currently leading the WTC points table, needs to secure a solid result against Australia in the upcoming Border-Gavaskar series, while also hoping for specific outcomes from South Africa and Sr

The rapid increase in satellites and space junk is threatening the future of Low Earth Orbit (LEO), the most accessible region of space. Experts and industry insiders have raised alarms, stating that without international cooperation and data sharing, LEO could soon become overcrowded and unsafe. According to the United Nations, more than 14,000 satellites, along with over 120 million pieces of debris, are already in orbit, with many more expected in the coming years. This growing congestion

Traffic in parts of Delhi and Noida has been significantly affected as farmers march toward the Parliament complex on Monday to demand key changes in land acquisition policies. The farmers, representing at least 20 districts, will be gathering at 12 pm to press for five major demands related to land compensation, employment for landless farmers, and proper settlement of acquired areas. Reports show long traffic queues at the Chilla border and Delhi-Noida direct flyover, with heavy s

US President Joe Biden announced on Sunday that he had granted a pardon to his son, Hunter Biden, who was convicted of making false statements on a gun background check and illegally possessing a firearm. Hunter Biden had also pled guilty to federal tax charges, admitting to failing to pay $1.4 million in taxes. President Biden expressed that his decision to pardon his son came after years of what he described as unfair, politically motivated prosecution. Biden stated that he had pr

The Indian Rupee has depreciated to a record low of 84.61 against the US Dollar, marking a fresh setback for the currency. This comes after former US President Donald Trump's threat to impose a 100% tariff on BRICS nations if they fail to continue using the US Dollar. Trump's demand for a commitment from BRICS countries not to create a new currency or back alternatives to the dollar has put additional pressure on global markets, including the Indian Rupee. Along with this geopolitical

Kash Patel: Five Things to Know About Trump’s Indian-Origin Pick for FBI Chief US President-elect Donald Trump has announced Kash Patel as his nominee for the next Director of the Federal Bureau of Investigation (FBI). Here are five key things to know about him: 1. Born in New York to Indian Parents Kashyap Pramod Patel, popularly known as Kash Patel, was born to Gujarati-Indian parents in Long Island, New York. Raised as

RBL Bank and Bajaj Finance Ltd. have mutually decided to stop issuing new co-branded credit cards following discussions that have taken place over the past month. While the change will not affect RBL Bank’s overall credit card business, it marks the end of a significant partnership that previously accounted for a large portion of RBL Bank’s card issuances. As of September 2023, Bajaj Finserv co-branded cards represented 41% of RBL Bank’s total credit card issuances.

The Indian Ministry of External Affairs (MEA) has clarified that the government has not received any communication from the United States regarding the Adani Group. In its weekly briefing, MEA spokesperson Randhir Jaiswal rejected media reports about the US summoning Adani Group Chairman Gautam Adani and other executives. He emphasized that the issue is a private legal matter involving individuals and the US Department of Justice, with no prior notification sent to the Indian government.

Over the last few years, military coups have reemerged in countries like Mali, Niger, Burkina Faso, Sudan, and Guinea, raising alarm among observers and analysts. These coups reflect a broader return of militarism in African politics, a political system where military objectives blur into governance, and military values dominate the state. Despite the Cold War-era decline of military dictatorships, recent events suggest that the political order in West and Central Africa is being reshaped by

As of October 2024, the Union government's fiscal deficit for the financial year 2024-25 stands at 46.5% of the total budgetary target, amounting to Rs 7.5 lakh crore. This is in line with the government's fiscal consolidation strategy, which aims to bring down the fiscal deficit to 4.9% of GDP for the year, an improvement from the previous fiscal year's target of 5.6%. The fiscal deficit gap, which represents the difference between government expenditure and revenue, is

The New Pamban Bridge, inaugurated by Railway Minister Ashwini Vaishnaw, is a groundbreaking feat of modern engineering, representing India’s first vertical lift railway sea bridge. This bridge, located in Rameswaram, Tamil Nadu, replaces the century-old Pamban Rail Bridge, which had been in operation since 1914. The old bridge was decommissioned in December 2022 due to corrosion, paving the way for this state-of-the-art structure. Stretching 2 kilometers, the new Pamban Bridg

Shahid Afridi, the former Pakistan cricket captain, has voiced his support for the Pakistan Cricket Board (PCB) in rejecting the hybrid model proposed for the 2024 Champions Trophy, which is set to be held in Pakistan. Afridi criticized the Board of Control for Cricket in India (BCCI) for mixing politics with sports, pointing out that Pakistan has toured India multiple times despite security concerns, including a white-ball series after the 2008 Mumbai terror attacks. Afridi emphasized that t

The wait for Maharashtra's next Chief Minister is nearing its end as the three key leaders of the ruling alliance—Devendra Fadnavis, Eknath Shinde, and Ajit Pawar—met with Union Home Minister Amit Shah in Delhi. The meeting, which concluded late at night, is expected to be the final step before an official announcement. Sources suggest that the decision is now almost finalized and will only require a sign-off from Prime Minister Narendra Modi. The developments come a

YS Jagan Mohan Reddy, former Chief Minister of Andhra Pradesh, faced an onslaught of trolling after his latest press conference turned into a series of awkward moments. During the scripted event, Jagan’s remarks about the NDA government, where he lamented not being rewarded for his actions on the power contract, were met with online ridicule. This was particularly pointed given the U.S. Department of Justice's involvement in a bribery case linked to his tenure. Further add

The Finance Ministry is set to review the windfall tax on fuel exports, including petrol, diesel, and Aviation Turbine Fuel (ATF), following the stabilization of global crude oil prices. The tax, introduced in July 2022, was implemented to address the substantial profits earned by oil refiners exporting fuel, which had an impact on domestic supplies. The review will assess the tax’s effectiveness and the revenue it has generated, with the Ministry of Petroleum and Natural Gas already re

A recent survey by global real estate services firm JLL reveals that Indian organisations require more office attendance compared to the global average. According to the Future of Work Survey 2024 – India Insights, 90% of Indian employers mandate at least three days of office presence per week, which is higher than the global average of 85%. Moreover, over half (54%) of Indian organisations anticipate an increase in the number of office days by 2030, surpassing the global expec

The State of Sustainability Readiness Report 2024 by IBM reveals a strong trend among Indian business leaders to significantly increase investments in IT for sustainability over the next 12 months. With 98% of respondents planning to expand their IT budgets, Indian executives view sustainability as essential for driving environmental responsibility, long-term business resilience, and improving brand reputation. The report highlights AI's transformative potential in helping busine