Raghuram Rajan, former Governor of the Reserve Bank of India (RBI), has linked corruption under the UPA government as the primary cause of non-performing assets (NPAs) in Indian banks. In a recent interview, Rajan explained that following the global financial crisis, several projects began facing severe delays due to corruption scandals, land acquisition issues, and other regulatory obstacles. These factors, he argued, significantly contributed to the rise of NPAs. Rajan praised the

In a recent lecture on ‘India – The Vishwaguru' in Pune, RSS chief Mohan Bhagwat expressed concern over the resurgence of temple-mosque disputes, stating that certain individuals seem to believe they can become "leaders of Hindus" by stirring such controversies. Bhagwat emphasized the importance of fostering an inclusive society and stressed that India should set an example for the world in living together harmoniously. He pointed out the country's long-standing

Tata Consumer Products Ltd (TCPL) has officially rejected recent reports claiming that Starbucks is planning to exit the Indian market, calling the rumors "baseless." These reports suggested that the American coffee giant might leave India due to high operating costs, mounting losses, and the growing competition from local, cheaper alternatives. However, TCPL, which operates Starbucks in India

India introduced the Goods and Services Tax (GST) in 2017 to simplify the tax structure and reduce the tax burden. Recent data shows that the gross GST collection for October 2024 rose by 9% to ₹1.87 lakh crore, a record second-highest figure. However, a recent proposal by the Group of Ministers (GoM) on GST Rates Rationalisation suggests a new 35% GST slab on products like aerated drinks and tobacco, which has raised concerns. The proposal aims to target 'sin' products such as thos

India and Pakistan have reached an agreement to play their upcoming ICC tournament matches at neutral venues, following a dispute over the 2025 ICC Men's Champions Trophy, which was originally set to be hosted by Pakistan. The decision was made after India refused to send its team to Pakistan, citing security concerns and political tensions between the two countries. The International Cricket Council (ICC) confirmed that matches involving both nations during the 2024-2027 cycle will take

The Board of Control for Cricket in India (BCCI) has called an urgent meeting of its Apex Council to appoint former Chief Election Commissioner Achal Kumar Jyoti as the electoral officer for upcoming elections to fill the positions of secretary and treasurer. These posts were vacated by Jay Shah and Ashish Shelar, who assumed new roles in December. According to the BCCI constitution, the Board must call a Special General Meeting and appoint an electoral officer at least four weeks before the

 On Wednesday, Minister of State for Information and Broadcasting, L Murugan, informed the Lok Sabha that the government had blocked 18 OTT platforms this year for publishing obscene, vulgar, and in some cases, pornographic content. This action is in line with the IT Rules of 2021, which impose specific due diligence obligations on intermediaries to ensure they take reasonable steps to prevent the spread of such content. The IT Rules also set out a Code of Ethics for publishers

India and China have reached a significant agreement on six points to resolve their long-standing border issues. This agreement was made during a meeting between National Security Advisor Ajit Doval and Chinese Foreign Minister Wang Yi, marking the first Special Representative-level discussions since the 2020 border clashes. Key points of the agreement include maintaining peace at the border, cross-border tourism in Tibet, resuming Kailash Mansarovar Yatra, and boosting Nathu La border trade.

India, having recently surpassed China as the world's most populous country, faces a significant demographic challenge. Fertility rates have dramatically declined across the country, especially in southern states like Tamil Nadu and Andhra Pradesh, where rates have fallen below the replacement level of two children per woman. This poses a dual challenge: the southern states worry about the implications for political representation and federal revenues, as population shifts could reduce th

A significant drug and arms seizure took place in Kupwara district, Jammu and Kashmir, as a result of a joint operation conducted by the Indian Army and local police. The operation, based on specific intelligence inputs, was carried out in the Chinotra area of the Tangdhar sector near the Line of Control (LoC). The search led to the recovery of approximately four kilograms of narcotics, including heroin-like substances, along with four pistols, six magazines, and other ‘war-like stores.

The Pakistan High Commission announced on Wednesday that it has issued 84 visas to Indian pilgrims for a visit to the Shree Katas Raj temples in Chakwal district, Punjab, Pakistan. The pilgrimage, scheduled from December 19 to 25, will allow Hindu pilgrims to visit this sacred complex of temples, also known as Qila Katas. The temples are a significant religious site for Hindus and are linked by walkways. These visits are part of the long-standing Pakistan-India bilateral protocol on

 Hamida Banu’s incredible journey from isolation to reunion underscores the transformative impact of social media in today's digital era. Deceived by a recruitment agent in 2022, Banu was promised a job in Dubai but was instead taken to Pakistan, where she spent 23 years unable to contact her family in India. Her life changed when a video interview of her, shared on social media by Pakistani activist Waliullah Maroof, went viral. Indian journalist Khalfan Shaikh shared the vide

In a dazzling celebration of beauty and talent, Caitlin Sandra Neil, a 19-year-old Chennai-born Indian American teenager, was crowned Miss India USA 2024 at the annual pageant held in New Jersey. Caitlin, who is a second-year student at the University of California, Davis, expressed her desire to leave a lasting, positive impact on her community, with a strong focus on women's empowerment and literacy. Having lived in the United States for the past 14 years, Caitlin's journe

India and China’s Special Representatives for the border mechanism, National Security Advisor Ajit Doval and Foreign Minister Wang Yi, met in Beijing on Wednesday to discuss a wide range of issues, including peace management along the Line of Actual Control (LAC) and the restoration of bilateral ties. These ties had been severely impacted by the military standoff in eastern Ladakh, which began in May 2020, following a deadly clash in Galwan Valley. The meeting, marking the 23r

Indian cricket team spinner R. Ashwin has announced his retirement from international cricket after the third Test match against Australia in Brisbane on Wednesday. Ashwin, who played a pivotal role in India’s rise to the top of Test cricket, made the announcement during a joint press conference with captain Rohit Sharma, after the game ended in a draw. Ashwin, with 537 wickets in 106 Test matches, is the second-highest wicket-taker for India, following only Anil Kumble's record of

At Chennai Airport, an Air India cabin crew member was arrested for helping a passenger smuggle 1.7 kg of gold. The incident occurred when the flight from Dubai landed on Sunday. Customs officials intercepted the passenger and the crew member after the passenger admitted to handing over the gold during the flight. Upon searching the crew member, officials found the gold concealed in the undergarments, l

India’s focus has largely been on strengthening its ties in the east, particularly under the Act East policy. While the global attention often centers on the Middle East and Europe, India has quietly turned its focus to the Korean Peninsula, particularly North Korea. This effort has been marked by caution, with diplomatic relations being conducted discreetly and behind the scenes. In July 2021, India temporarily closed its embassy in Pyongyang due to COVID-19, and the entire staff was r

Finance Minister’s View on GDP Growth: In a recent statement, Finance Minister Nirmala Sitharaman addressed the lower-than-expected growth in India’s GDP for the September quarter, calling it a "temporary blip." She emphasized her confidence that India’s economy will regain strong growth in the upcoming quarters. Despite the slowdown in the second quarter, she highligh

Union Home Minister Amit Shah recently made significant remarks regarding India’s Constitution, highlighting the democratic process of its adoption and emphasizing its deep connection with India's traditions. Shah stated that the Constitution was adopted after extensive feedback from the people, marking a democratic milestone in India’s history. Some of his key quotes touched upon the ongoing debates in Parliament about the Constitution, noting that they have served

As of 6:50 a.m. today, gold prices stood at Rs 77,170 per 10 grams, according to the India Bullion Association. This represents a slight dip from the highs seen on Monday when prices had briefly climbed after falling from Rs 79,100 on Friday. The price of gold had reached its highest level for the month on December 11 before experiencing a drop of over Rs 1,000 on Monday. Compared to November's peak of Rs 78,060 on Nov. 23, the current price of gold reflects the ongoing volatility in the