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

As Illinois prepares for its 2026 primary election, early voting is already underway in several parts of the state, setting the stage for a contest that could reshape the political landscape despite the absence of a presidential race. The March 17 primary arrives at a pivotal moment, marked by the retirement of long-serving U.S. Sen. Dick Durbin and a series of high-profile matchups across statewide and congressional offices. In suburban Cook County, early voting begins Monday, with

LARGO, Md. — Facing mounting public pressure over sharply rising utility costs, Maryland lawmakers and local officials are advancing a series of measures aimed at delivering immediate financial relief while pursuing long-term changes to the state’s energy infrastructure. The coordinated push reflects growing concern among residents who say recent power bills have become increasingly difficult to manage. In Annapolis, the administration of Gov. Wes Moore introduced Senate Bill 38

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

As people across the globe prepare to welcome the New Year with countdowns, fireworks, and celebrations across different time zones, a small group of astronauts orbiting far above Earth will experience the arrival of the new year in a way unlike anyone on the planet. Aboard the International Space Station, astronauts currently in orbit will celebrate the New Year an astonishing 16 times, highlighting the extraordinary reality of life in space and the unique way time is experienced beyond Earth.

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

State regulators have approved CenterPoint Energy’s $2.9 billion systemwide resiliency plan, setting the stage for a series of gradual rate increases that will begin affecting customers next year. Under the approved structure, electric bills will rise by about one dollar per month at the start, eventually reaching an additional four dollars per month by 2028. These increases come at a time when many Houston-area residents are already adjusting to multiple rate changes that have occurred over t

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

Novak Djokovic captured yet another milestone in his illustrious career on Saturday, claiming his 101st ATP singles title after a gripping three-set victory over Italy’s Lorenzo Musetti at the Vanda Pharmaceuticals Hellenic Championship in Athens. The 38-year-old Serbian, who continues to redefine longevity in tennis, battled for more than three hours to secure a 4-6, 6-3, 7-5 win that tested both players to their physical and mental limits. The final was a showcase of resilience,

In a remarkable achievement for Indian academia and space research, Assistant Professor Alok Sagar Gautam from the Department of Physics at Hemvati Nandan Bahuguna Garhwal University has been selected to join the Indian Space Research Organisation’s upcoming Venus Orbiter Mission, officially known as Shukrayaan-1. This marks a significant moment in India’s pursuit of interplanetary exploration, as the mission represents the nation’s first dedicated effort to study Venus, often referred

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

The State Fair of Texas has officially opened its gates for the 2025 season, bringing with it a mix of exciting new attractions, traditional events, and the kind of festive atmosphere that has made it a landmark in Dallas culture for decades. The fair began its three-week run on Friday morning when Fair Park opened at 10 a.m., followed by the opening day parade at noon. To mark the start of the season, an evening ceremony took place on the steps of the Hall of State at 6:30 p.m., drawing crowds

Sachin Tendulkar, India’s cricketing legend, has firmly dismissed speculation linking him with the position of BCCI president. Tendulkar’s management issued a statement clarifying that no nomination or discussion has taken place regarding his involvement in the upcoming elections. The BCCI elections are scheduled for September 28 during the Annual General Meeting, where key roles including president, vice president, secretary, joint secretary, and

For decades, Publishers Clearing House was a household name, surprising families across America with oversized checks, balloons, and promises of financial security for life. But in April 2025, the company filed for bankruptcy, and those life-changing promises have now unraveled for many of its prize winners. One of the most striking stories comes from John Wyllie of White City, Oregon, who in 2012 was surprised with a prize that guaranteed him $5,000 a week for life. With cameras ro