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

A recent podcast hosted by Nikhil Kamath has drawn widespread attention after former UK Prime Minister Rishi Sunak shared a candid reflection on his early career choices and family expectations. In a light-hearted moment, Sunak remarked that he may have “disappointed” his parents by not pursuing a care

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

Alphabet, Google’s parent company, achieved a remarkable financial milestone in Q4 2025, surpassing $400 billion in revenue for the first time in its history. The key growth driver behind this success has been Google's expanding AI capabilities, particularly through its full AI stack, with Gemini 3 leading the charge. Sundar Pichai, CEO of both Alphabet and Google, highlighted how the company's growth was primarily fueled by advancements in AI, with Gemini 3 seeing massive engagem

US President Donald Trump on Wednesday addressed global political and business leaders at the World Economic Forum in Davos, marking the completion of his first year in office with a forceful assessment of his administration’s economic record. Speaking to the annual gathering, Trump said public sentiment toward his leadership remained overwhelmingly positive, while asserting that the country had undergone a dramatic reversal in economic conditions since he assumed office. During h

Former Maryland Republican Gov. Larry Hogan has announced that he will not seek public office again, drawing a definitive line under years of speculation about his political future despite continued encouragement from supporters to pursue a national role. Hogan made the announcement in an opinion column published Tuesday, stating that while he remains deeply invested in the well-being of Maryland and concerned about the broader direction of national politics, his time as an electora

Success stories in technology are often presented as clean narratives of vision, speed and inevitable triumph. An idea is born, a product is launched, and adoption follows. For students and young entrepreneurs trying to understand how innovation truly unfolds, these stories can feel motivating yet incomplete. The more useful insights frequently emerge not from success, but from missteps that expose the limits of confidence, timing and execution. That perspective was at the center of

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

Warren Buffett, one of the most influential investors of all time, has written his final letter to shareholders, marking the close of a remarkable chapter in his career. At 95, the legendary business figure announced that he will no longer write annual shareholder letters or address investors at yearly meetings, ending nearly sixty years of consistent communication. His note, titled A Few Final Thoughts, was filled with reflection, warmth, humor, and timeless advice that extended far beyond the

Siddhant Awasthi, an Indian-origin engineer who rose from intern to the head of the Cybertruck program, has announced his departure after more than eight years of service. His exit marks the conclusion of an extraordinary journey that began as a young engineering intern and ended with him leading one of the most ambitious vehicle projects in the electric automotive industry. Awasthi shared the news of his decision through a professional networking post, reflecting on his growth, challenges, and

Elon Musk has once again redefined corporate ambition. At Tesla’s annual shareholder meeting in Austin, the company’s investors voted to approve an unprecedented $1 trillion compensation plan for its CEO. The package, designed to stretch over a decade, is tied to a series of extraordinary performance goals that could transform Tesla into one of the most valuable and diversified technology companies in the world. Unlike conventional executive pay structures, Musk’s plan contain

Speaker Emerita Nancy Pelosi, one of the most influential figures in modern American politics, announced her retirement Thursday morning in a video message to her constituents. Pelosi, a Democrat from California who made history as the first woman to serve as Speaker of the House, confirmed she will not seek re-election in 2026, closing a chapter on a congressional career that has spanned nearly four decades. “San Francisco, know your power,” Pelosi said in her recorded message.

Thousands of demonstrators across the United States took to the streets on Saturday for the “No Kings” protests, a series of nationwide rallies denouncing President Donald Trump’s leadership and the ongoing government shutdown. The events brought a mix of political activism and festive energy to city squares, parks, and the nation’s capital, as participants called for accountability, the protection of democratic institutions, and an end to what they described as authoritarian tendenci

Thousands of Americans gathered across the country on Saturday as part of the expanding “No Kings” protests, a growing grassroots movement challenging the leadership and policies of President Donald Trump. From major metropolitan centers to smaller towns, citizens voiced their concerns over what they describe as an erosion of democratic principles, rising authoritarianism, and government overreach. The movement’s slogan, “No Kings,” symbolizes a call to uphold the constitutional bal

Elon Musk’s business empire is facing a wave of senior-level departures across Tesla, X and xAI as his relentless management style, shifting strategies and personal rivalries continue to drive churn at the top. Over the past year, several of the billionaire’s closest lieutenants and senior executives have chosen to walk away, leaving behind questions about the stability of leadership inside some of the world’s most closely watched companies. Tesla, once considered the most sta

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

San Jose city workers started clearing a homeless encampment at Columbus Park on Monday morning, but the process took a tragic turn when a man was discovered dead inside his RV. Authorities confirmed that the body was found as crews began moving through the area. The cause of death has not yet been determined, but friends of the man believe the stress of the encampment sweep and the uncertainty of losing his shelter may have played a role.