Alphabet Inc. CEO Sundar Pichai has officially joined the exclusive club of billionaires in 2025, with his net worth crossing $1.1 billion, according to the Bloomberg Billionaires Index. The surge comes as Alphabet’s stock has delivered a remarkable 120% return to investors since 2023, driven largely by strong quarterly earnings, increased AI investments, and growing global digital infrastructure. Pichai, who o

Nestled at the base of the Santa Lucia Mountains, south of Salinas on California’s Central Coast, the vineyards of Scheid Family Wines stretch across fertile, fog-kissed land. Among these is Isabelle’s Vineyard, known for its high-quality pinot noir and chardonnay grapes that thrive in the cool marine air, warm sun, and nutrient-rich soil. But there's something more than just natural elements fueling this award-winning winery—it’s the wind. For over

National Doctor's Day, observed every year on July 1, holds great significance in India, as it honors the invaluable contributions of doctors and healthcare professionals to the well-being of individuals and communities. The Government of India officially designated July 1 as National Doctor's Day in 1991, marking the birth anniversary of Dr. Bidhan Chandra Roy, one of India’s most respected physicians and the second Chief Minister of West Bengal.

Buying a home is more than just a financial decision; it's an emotional one. It’s where memories are built, and dreams take shape. However, for many families, this dream seems distant due to high property prices and financial constraints. Thankfully, in 2025, the dream of homeownership has become more achievable, particularly in Ahmedabad. According to the latest Affordability Index by Knight Frank

Weeks after Japan’s ispace Mission 2 suffered a crash landing on the Moon, nasa’s Lunar Reconnaissance Orbiter (LRO) has captured detailed images of the impact site, shedding light on the final moments of the ambitious Japanese lunar mission. The spacecraft was attempting a soft landing in the northern hemisphere of the Moon, specifically targeting an area within Mare Frigoris, also known as the Sea of Cold. However, the lander experienced a loss of communication with mission cont

In a major legal setback for the Board of Control for Cricket in India (BCCI), the Bombay High Court has upheld an arbitration award, directing the board to pay ₹538 crore to the now-defunct IPL franchise Kochi Tuskers Kerala. The franchise, which played only one season in 2011, was terminated by the BCCI for allegedly failing to submit a mandatory bank guarantee, an act the board cited as a breach of contract. Thi

In a move reflecting the Reserve Bank of India’s latest policy stance, the State Bank of India (SBI) has reduced interest rates on both savings accounts and fixed deposits (FDs), effective from June 15, 2025. This rate revision is expected to impact millions of depositors across the country, as banks realign with softer monetary cues from the central bank. SBI has cut its savings account interest rate by 5 basi

In a swift and assertive response to growing public concern, Andhra Pradesh's Energy Minister Gottipati Ravi Kumar addressed the unexpected surge in electricity bills that has stirred public dissatisfaction across the state this month. The issue marks the first major public relations challenge for the newly formed NDA government in Andhra Pradesh. Over the past few days, social media has been abuzz with complaint

A 21-year-old MBBS student from Telangana tragically lost his life after a high-speed motorcycle crash in Vietnam’s Can Tho City. The victim, identified as Arshid Ashrith, was a third-year medical student and the son of Arshid Arjun and Pratima, residents of the Komaram Bheem Asifabad district in Telangana. The accident occurred in the early hours of June 4 when Ashrith was riding a 150cc motorcycle with a frie

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

For decades, owning a house was seen as a proud achievement in Indian households symbolic of success, stability, and adulthood. Parents often pushed their children to buy homes early, even if it meant burdening themselves with heavy EMIs. But in 2025, the mindset of India’s younger generation is shifting. With rising property prices, changing work patterns, and a desire for lifestyle freedom, more and more young Indians are opting to rent rather than buy. The traditional belie

In a recent development, Mumbai's King Edward Memorial (KEM) Hospital has reported two deaths involving patients diagnosed with COVID-19. Among them was a 14-year-old minor suffering from nephrotic syndrome and a 54-year-old cancer patient. Both individuals were also COVID-positive at the time of their death, but doctors have clarified that the fatalities were primarily due to their pre-existing critical conditions and not the virus itself. The Brihanmumbai Municipal Corporation

 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

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

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

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

New Delhi, April 1 – Indians working abroad sent home a record-breaking $129.4 billion in 2024, reaffirming India’s position as the world’s top remittance recipient. According to the latest figures released by the Reserve Bank of India (RBI), the last quarter of the year alone—October to December—saw the highest-ever quarterly inflows of $36 billion.   The World Bank, which tracks global remittance patterns, confirmed that India stands far a