On April 8, 2026, India’s stock markets experienced a remarkable surge, with the BSE Sensex climbing over 2,700 points, marking a 3.66% increase, and the Nifty rising by more than 3.4%. Investor wealth swelled by over Rs 14 lakh crore during the early trade, signaling a sharp recovery after a period of volatility. This rally was fueled by multiple factors, including easing global geopolitical tensions, softer crude prices, and an increase in investor confidence. The biggest trigge

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

RN Ravi was sworn in as the 22nd Governor of West Bengal

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 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

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

Becoming a parent for the first time is a life-changing experience filled with both joy and challenges. As a new mom or dad, you may find yourself feeling overwhelmed with the multitude of advice, but don’t worry – it’s all part of the journey. Here are some smart parenting tips to help ease the transition and make the experience of raising your little one more enjoyable and rewarding. First and foremost, it's essential to trust your instincts. While there is p

A leaked audio recording has revealed that Bangladesh’s former Prime Minister, Sheikh Hasina, allegedly authorized the brutal crackdown on student protesters in 2024. The recording,  captures Hasina’s conversation with a senior government official in which she directs security forces to use "lethal weapons" and to "shoot wherever they find them," referring to the protesters. The conversation took place on July 18, 2024, whi

China has acknowledged that the longstanding border dispute with India remains "complicated" and will require time to resolve. However, the Chinese Foreign Ministry expressed readiness to engage in discussions on delimiting the border and maintaining peace in the border areas. This statement came in response to remarks made by Indian Defence Minister Rajnath Singh during his meeting with Chinese Defence Minister Dong Jun in Qingdao on June 26, 2025,

YSR Congress Party (YSRCP) leader Chevireddy Bhaskar Reddy was arrested at Bengaluru International Airport by the Special Investigation Team (SIT) while allegedly trying to escape to Sri Lanka. Chevireddy, listed as Accused No. 38 in the massive Andhra Pradesh liquor scam, was accompanied by his benami aide, Venkatesh Naidu (34), at the time of arrest. Both were detained moments before boarding their flight, marking a crucial development in the ongoing probe.

During a White House press briefing, President Donald Trump addressed growing public speculation about alleged drug use by Elon Musk, the billionaire entrepreneur and former government official. Trump was responding to circulating reports claiming Musk had frequently used substances such as ketamine, ecstasy, and psychedelic mushrooms during the 2024 presidential campaign period. When questioned, Trump offered a cautious response, stating, “I really don’t know. I don’t think so

Mumbai's financial sector has witnessed a significant recalibration as a once-popular deposit product—the Japanese yen (JPY)-linked special deposit—loses momentum following regulatory scrutiny and shifting bank strategies. These fancy financial instruments, heavily marketed to attract non-resident Indian (NRI) funds and appease analysts with attractive yield spreads, are now undergoing a correction. The Reserve Bank of India (RBI) has reportedly advised certain banks to ensure

In a landmark moment for Indian-origin executives in global tech, Tesla’s Chief Financial Officer Vaibhav Taneja outpaced some of the highest-paid CEOs in the world in 2024. Taneja earned a staggering $139 million (approximately ₹1,157 crore), eclipsing the total compensation of Microsoft CEO Satya Nadella and Alphabet CEO Sundar Pichai. Taneja’s pay package, largely driven by Tesla stock options and equity grants following his promotion to CFO in August 2023, propelle

Authorities are actively seeking assistance from the public in solving a deadly shooting that took place in Newark earlier this year. A $5,000 reward is being offered to anyone who can provide information that leads to an arrest in the killing of 22-year-old Jaheem Futrell. The shooting happened shortly before 11 p.m. on March 2, 2024, along the 300 block of South 8th Street. Months after the incident, no suspects have been apprehended, and investigators are urging community members to come forw

 In recent years, affluent Indian families have increasingly turned to offshore gifting as a means to support their children settled abroad, whether for education, property acquisitions, or participation in investor immigration programs like the U.S. EB-5 visa. While such familial financial support is common, the Reserve Bank of India (RBI) has intensified scrutiny over these transactions, particularly when they involve significant foreign investments and large remittances. T

New Jersey residents officially have just one week remaining to obtain a Real ID before the federally enforced deadline of May 7. After this date, travelers without a Real ID-compliant license or a valid passport may be denied boarding at airport security checkpoints. The identification upgrade, long delayed since its original rollout, is about to become a strict requirement. The Real ID Act, passed to enhance national security, will require travelers to present federally approved identification