The Indian rupee has reached a historic low of 96 against the US dollar, affecting household budgets, imported goods, and fuel prices. With each dollar costing more in rupees, daily expenses are rising for families across India. Why the Rupee Is Weak Today Several factors are driving the rupee’s decline: Rising Oil Prices Global tensions near key oil routes have pushed crude prices above $

Dr. Marty Makary Resigns as FDA Commissioner Dr. Marty Makary has resigned from his position as the commissioner of the U.S. Food and Drug Administration (FDA), as confirmed by President Donald Trump on May 12. In a social media post, Trump revealed that Makary had informed him of his decision to step down, effective Tuesday. While Makary did not offer an explicit reason for his resignation, Trump praised his leadership, calling him a “hard worke

Iran Leadership Transition: First Meeting Confirmed Iran’s new supreme leader Mojtaba Khamenei has held his first known in-person meeting with President Masoud Pezeshkian, signaling stability in Iran’s leadership transition. Pezeshkian confirmed the two-and-a-half-hour discussion, describing it as “constructive and based on trust,” offering the clearest sign yet of internal unity after months of uncertainty.

Regulatory action culminates in license cancellation What happened to Paytm Payments Bank? RBI cancels its license after violations forms the central development in India’s financial sector, as the Reserve Bank of India revoked the banking license of Paytm Payments Bank Ltd wi

Tim Cook, the long-serving CEO of Apple, has announced that he will step down from his role after nearly 15 years of leadership. He will officially transition out of the CEO position on September 1, 2026, and take on a new role as executive chairman. Cook took over from

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

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