India’s annual retail inflation rate eased to 3.34% in March 2025, according to the latest data from the Ministry of Statistics and Programme Implementation. This marks the fifth consecutive month of decline and falls below the 3.61% recorded in February, offering significant relief to policymakers and consumers alike. The main factor contributing to this moderation is the continued softening of food prices, which make up a large portion of the Consumer Price Index (CPI). Food inflation dr

In a significant policy shift, the United States government has implemented a rule mandating that all foreign nationals residing in the country for more than 30 days must register with federal authorities. This measure, rooted in historical legislation, has been revived and is now being enforced with renewed vigor. The rule stipulates that non-citizens aged 14 and above must submit their personal information, including fingerprints and residential addresses, to the U.S. Citizenshi

The Reserve Bank of India (RBI) has introduced a new initiative to connect more directly with the public by launching an official WhatsApp channel. This development is part of the central bank’s broader commitment to enhancing public awareness and making important financial and banking information accessible to every citizen, particularly those in rural and semi-urban areas who might not have regular access to official websites or traditional media. The initiative falls under the RBI&rs

In a significant policy development, RBI Governor Sanjay Malhotra announced that the Reserve Bank of India will soon release comprehensive regulations governing prudential norms and conduct-related aspects of gold loans. This move follows growing concerns over irregular practices among certain regulated entities (REs) and the recent surge in gold-backed lending across the country. The upcoming regulations aim to harmonize gold loan guidelines across various categories of lenders, including ba

India’s banking sector is projected to witness a year-on-year credit expansion of ₹19 lakh crore to ₹20.5 lakh crore in FY2025-26, amounting to a growth of approximately 10.8%, according to a report by ICRA, a leading credit rating agency. This expansion is expected to be driven by recent monetary easing measures implemented by the Reserve Bank of India (RBI), though structural challenges in deposit mobilisation and rising credit-deposit ratios may temper growth momentum. According to

Sheikh Hamdan Bin Mohammed Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, and Minister of Defence of the United Arab Emirates, will begin a two-day official visit to India on Tuesday, at the invitation of Prime Minister Narendra Modi, the Ministry of External Affairs (MEA) announced Monday. This marks the first official visit to India by Sheikh Hamdan in his capacity as Crown Prince and will include meetings with top Indian leadership as well as engagements aimed at strengthening b

Washington, D.C. — The U.S. Department of Energy (DOE) has announced a sweeping plan to power the future of artificial intelligence by identifying 16 federal sites for the rapid development of energy infrastructure. With nuclear and renewable sources in focus, these locations are poised to support the surging energy requirements of large-scale AI systems.Described by U.S. Energy Secretary Chris Wright as “the next Manhattan Project,” the initiative signals a

Timely pension payments are not merely a procedural matter—they are a lifeline for countless retired central and state government employees. These pensions, disbursed through authorised banks, are governed by the Reserve Bank of India (RBI)'s "Master Circular - Disbursement of Government Pension by Agency Banks". The RBI recently updated the circular, issuing a series of clarifications that aim to make the pension system more transparent, accountable, and senior citizen-fr

Poonam Gupta, a prominent economist with global expertise, has been appointed as the new Deputy Governor of the Reserve Bank of India (RBI). Her appointment marks a historic milestone, as she becomes the first woman in over a decade to assume this high-ranking position at India’s central bank. She succeeds Michael Patra, who retired in January 2024. Gupta brings with her nearly two decades of international experience, having worked with the World Bank, International Monet

In 2014, former U.S. Supreme Court justices Ruth Bader Ginsburg and Antonin Scalia were asked whether undocumented immigrants are entitled to the rights outlined in the First Amendment of the U.S. Constitution, which guarantees freedoms such as religion, speech, press, assembly, and petition. Both justices agreed that these rights apply to anyone present in the United States, regardless of their immigration status. Ginsburg explained that the Constitution does not limit its protections to cit

Life Insurance Corporation of India (LIC) has requested the Reserve Bank of India (RBI) to introduce long-term government bonds, including 100-year bonds, to support their investment strategies for whole life insurance policies. This request was confirmed by Siddhartha Mohanty, Managing Director and Chief Executive of LIC, during an event in Mumbai. Speaking on the sidelines of the GCA25 conference, Mohanty explained that LIC’s investment portfolio heavily depends on long-term bonds to

Tulsi Gabbard, the US Director of National Intelligence (DNI), emphasized the growing strength of US-India relations during her visit to New Delhi. In an exclusive interview with NDTV, Gabbard highlighted the close ties between Prime Minister Narendra Modi and President Donald Trump, underscoring their shared commitment to defeating Islamic terrorism and ensuring global security. “The ties between the US and India go very far back,” Gabbard stated. “In Trump's second ter

India has strongly rejected Pakistan's recent accusations of "sponsoring terrorism," following Islamabad's attempt to blame New Delhi for backing terror activities. The statement came in response to Pakistan's allegations linked to the recent Balochistan train attack, which claimed the lives of 21 passengers. However, Pakistan stopped short of directly linking India to the attack, instead shifting blame toward Afghanistan. In a firm response, Randhir Jaiswal, spokesperso

US Vice President JD Vance is set to visit India later this month, marking his second international trip since assuming office. Accompanying him on this visit will be Second Lady Usha Vance, who will visit her ancestral homeland for the first time in her official capacity. This visit follows JD Vance’s recent diplomatic trips to France and Germany, where he attended the Munich Security Conference and made headlines with his sharp critique of European governme

IDBI Bank has announced its Recruitment 2025 drive to fill key leadership roles in the organization. The Industrial Development Bank of India (IDBI) is inviting applications for three positions: Chief Economist, Head - Data Analytics, and Deputy Chief Technology Officer (Channels). These positions will be offered on a contract basis.   Vacancy Details and Key Roles The following posts are open for applications in the IDBI Bank Recruitment 202

During his speech addressing Congress, US President Donald Trump raised concerns over the rising prevalence of autism spectrum disorder (ASD) in the United States. He claimed that the country has witnessed a dramatic spike in autism cases, stating, "Not long ago, one in 10,000 children had autism. Now it's one in 36. There's something wrong."Trump’s statement has reignited discussions around the causes of

The Indian government has introduced the Income Tax Bill 2025, a major overhaul of the country’s tax laws, granting unprecedented investigative powers to tax authorities. While presented as a move to modernize tax compliance, the bill includes provisions that allow tax officers to access digital assets, emails, social media profiles, trading accounts, and cloud storage in cases of suspected tax evasion.Finance Minister Nirmala Sitharaman introduced the bill in Parliament, stating that i

Fixed deposits have long been considered a safe and reliable investment option in India, particularly among conservative investors. However, declining interest rates and rising inflation have made it increasingly difficult for FDs to offer returns that outpace the rising cost of living. With the Reserve Bank of India (RBI) reducing the repo rate, banks have responded by lowering FD rates, prompting investors to explore other options that provide higher returns while maintaining financial secu

Amazon Web Services, the cloud computing arm of Amazon, is set to invest approximately $8.2 billion in Maharashtra over the next few years, according to the Ministry of Electronics and Information Technology. IT Minister Ashwini Vaishnaw stated that the investment would play a key role in job creation while strengthening India’s cloud computing infrastructure. The investment is expected to be rolled out between 2029 and 2030.AWS is also planning to introduce its own graphics processing

Ukrainian President Volodymyr Zelensky has expressed confidence that US-Ukraine relations can be repaired following an intense diplomatic confrontation with US President Donald Trump at the White House. Speaking from London after a European security summit, Zelensky emphasized the need for closed-door discussions and reaffirmed his stance that Ukraine would not concede any territory to Russia in exchange for peace.Zelensky’s remarks came just days after his tense meeting with Trump and