The Indian rupee has slipped to a new record low, falling to 94.1575 per US dollar, surpassing its previous all-time low of 93.98 set earlier this week. The continued decline is being attributed to growing concerns over the ongoing conflict in the Middle East, which has placed significant pressure on global markets, including the Indian currency. Since the war broke out late last month, the rupee has weakened by about 3.5%, reflecting the heightened uncertainty in international mark

The central government has retained the 4% retail inflation target for the next five years, from April 1, 2026, to March 31, 2031, with a tolerance band of 2–6%. This decision, made in consultation with the Reserve Bank of India (RBI), continues the inflation-targeting framework that was first introduced in 2016. The move aims to maintain price stability while allowing some flexibility in the target, accommodating short-term volatility. The government’s inflation target, outline

India’s financial sector has been grappling with the persistent issue of mis-selling, especially in the realm of banking and insurance products. In a recent statement, Finance Minister Nirmala Sitharaman addressed the ongoing concern, declaring that banks cannot treat mis-selling as a routine part of their business. She went as far as to say that mis-selling is an "offence," sending a clear message to financial institutions that such practices will not be tolerated. Her remarks came at a pr

The Reserve Bank of India (RBI) will announce its latest monetary policy decision today, February 6, 2026, with markets largely expecting the central bank to keep the repo rate unchanged. This announcement follows a series of rate cuts, with the last one made in December 2025, reducing the repo rate from 5.50% to 5.25%. Experts predict that the RBI will maintain a pause in rate cuts as it assesses the impacts of the previous changes on inflation and growth. RBI Governor Sanjay Malho

The Indian rupee weakened to a fresh all-time low of 91.99 against the US dollar on January 29, extending its recent slide amid persistent pressure from global and domestic factors. The currency has now fallen 2 percent so far this year and nearly 5 percent since the United States imposed higher tariffs on Indian merchandise exports. The sharp decline reflects continued weakness in foreign capital inflows and a surge in corporate demand for dollar hedging, which have outweighed the positive i

India’s workplaces are undergoing a silent cultural shift as Gen Z employees withdraw emotionally from their jobs without formally resigning. Unlike trends in the West, where burnout and dissatisfaction have led to open resignations, young workers in India are staying employed but disengaged, creating a new pattern described by experts as silent resignation or resenteeism. A recent survey by Youngstown State University found that 46 percent of Gen Z workers in the United States pl

The Reserve Bank of India has reduced the repo rate by 25 basis points, bringing it down from 5.5% to 5.25%. This marks a total reduction of 125 basis points in 2025, sparking fresh hope among homebuyers for affordable loan EMIs as banks prepare to revise lending rates. The Monetary Policy Committee (MPC), which met on December 3, 4 and 5, voted unanimously after assessing inflation control, liquidity status and growth expectations. Governor Sanjay Malhotra confirmed the move, addin

India’s economy recorded a faster pace of expansion in the July–September quarter, with official data showing that gross domestic product rose 8.2% year-on-year. The acceleration reflects a combination of stronger consumer demand, a revival in manufacturing activity, and accelerated production schedules ahead of India’s major festive season. Economists had widely expected the quarter to deliver robust growth, but the latest figure surpassed the projected 7.3% expansion for the period, e

India’s rapid digital lending growth has made borrowing simple but also riskier. Fraudsters now target people looking for quick loans, luring them with instant approvals, zero paperwork, and guaranteed deals. These traps are becoming more sophisticated, often disguised as real banking offers. Recognizing red flags before sharing your personal or banking details can protect you from financial loss and mental stress. Unrealistic loan promises are among the biggest traps. Scammers of

Many Indians who migrate abroad continue to maintain strong financial ties with their home country through various savings and investment instruments, including the Public Provident Fund (PPF). However, once an individual’s residential status changes under the Foreign Exchange Management Act (FEMA), different rules come into play. The guidelines determine whether Non-Resident Indians (NRIs) can hold or operate PPF accounts and how the proceeds are managed upon maturity. Under exis

The Reserve Bank of India has rolled out a new framework aimed at simplifying and expediting the process of claim settlement for deceased account holders. This step comes after years of confusion caused by different practices adopted by banks, often leaving grieving families struggling with lengthy procedures and paperwork. The new rules mandate that banks must settle claims related to accounts and lockers of deceased customers within 15 days. In addition, nom

If you are an NRI parent moving to the United States or already living there, a common question is whether your child’s Indian vaccination certificate will be accepted. The good news is that in most cases the answer is yes, but there are a few important points to keep in mind. Indian vaccination records are generally recognized in the US as long as they are complete, accurate, and clearly documented. The records should include the child’s name, date of birth, vaccine nam

Parenting is challenging on its own, but when a health emergency strikes—whether it involves a parent, child, or another family member—the stress can feel overwhelming. Balancing the responsibilities of caring for children while managing medical needs requires strength, planning, and emotional resilience. With the right approach, parents can provide stability for their children while navigating uncertain times. The first step is to stay calm and organized. Children quick

Walmart has confirmed that its Neighborhood Market at 3112 Santa Rita Road will close on October 2. The store’s pharmacy will also shut down on the same date. Walmart spokesperson Anne Hatfield did not give a specific reason for the closure, but noted there are three Walmart locations within eight miles of the Pleasanton market including a full-service Walmart in Livermore and a newly remodeled Neighborhood Marke

In a recent town hall event at John Muir Middle School, Congressmember Sam Liccardo and Santa Clara County Supervisor Sylvia Arenas engaged with residents of South San Jose to discuss a range of pressing issues. The meeting, held Thursday, provided a platform for residents to voice their concerns on various political and social matters, from the federal government's stance on immigration to the ongoing Israel-Hamas conflict and public health challenges.

Artificial Intelligence is one of the fastest-growing career fields across the world, and Indian students are in a unique position to make a strong impact in this space. With global companies investing heavily in AI research and applications, the demand for skilled professionals is higher than ever. To succeed, students need more than just theoretical knowledge—they must combine technical skills, practical exposure, and the right mindset to stand out. The first foundation for

Imagine visiting a dentist not only for your teeth but also for your overall well-being, including mental health support, all in one appointment. This vision has become a reality at Asian Health Services, a community health center in Alameda County that is pioneering a first-of-its-kind integration of dental and wellness care. For thousands of patients in the area who cannot afford private care and who face language barriers, this innovative approach has become

Santa Clara County is urging support for a proposed sales tax increase that it says is critical to keeping its hospital system alive in the face of looming federal funding cuts. The measure, known as Measure A, would add a five-eighths cent sales tax and has been fast-tracked for the November 4 special election ballot. County officials warn that without additional revenue, essential public hospital services, trauma care, and safety net programs could be jeopardi

Indian markets rallied on Monday following Prime Minister Narendra Modi’s announcement of sweeping tax reforms aimed at boosting domestic consumption and supporting growth. The Nifty 50 index climbed by 1%, while the BSE Sensex advanced 0.84%. The rupee also gained strength as the US dollar fell 0.18% against it. The rally reflected optimism that the tax overhaul would provide relief to households and industries at a time when India faces steep tariffs fr