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India's foreign exchange reserves saw an increase to $658.1 billion for the week ending November 29, according to the Reserve Bank of India (RBI). This rise followed an eight-week decline, with a $1.5 billion increase from the previous week. In comparison, the reserves had dropped by $1.31 billion in the prior week, reaching $656.58 billion. Foreign investors have invested Rs 1.75 lakh crore into India's debt and equity markets in 2024. However, the month of November witness

In response to growing protests in Kolkata over attacks on Hindu minorities in Bangladesh, Bangladesh has called Shikder Mohammad Ashrafur Rahman, the Acting Deputy High Commissioner in Kolkata, back to Dhaka for urgent consultations. Rahman, who also serves as the Minister - Political Affairs, is expected to return to Kolkata by the middle of this month, after attending the foreign secretary-level talks scheduled between India and Bangladesh next week. Protests, primarily led by po

On Day 1 of the second day-night Test between India and Australia in Adelaide, Mitchell Starc delivered a stunning performance, claiming three crucial wickets, including one with the very first ball of the day. India, after captain Rohit Sharma won the toss, found themselves under pressure in the opening session, ending at 82-4 by the break. The visitors were still riding high from their commanding 295-run win in the first Test in Perth, but Adelaide has been a fortress for Australi

On Friday, the Reserve Bank of India (RBI) announced it would keep the repo rate unchanged at 6.5% for the 11th consecutive time. This decision comes despite the GDP growth rate for the July-September quarter falling to a 7-quarter low of 5.4%, which was below the RBI's earlier projection of 7%. The RBI paused its rate hike cycle in April last year after raising rates by 250 basis points since May 2022. In the fifth bi-monthly monetary policy review for the current fiscal year,

An extraordinary series of events unfolded on Day 1 of the India vs Australia day-night Test in Adelaide, where KL Rahul was given two lifelines after seemingly being dismissed for a duck. The incident occurred when Rahul, who opened for India alongside Yashasvi Jaiswal, appeared to have edged the ball into the hands of Australian wicket-keeper Alex Carey off pacer Scott Boland’s delivery. However, it was later revealed that Boland had overstepped, and the delivery was a no-ball, granti

 After the passing of his mentor, the legendary Ratan Tata, Shantanu Naidu, the young manager and confidant of the billionaire philanthropist, has embarked on a new journey with his passion project, Bookies. This initiative, originally started in Mumbai, aims to reignite the joy of reading among people in today’s digital age. With successful editions already in Pune and Bengaluru, Mr. Naidu is now ready to bring Bookies to Jaipur. The launch event will be held on

On December 5, the Union Railway Minister shared an exciting update on India's high-speed transportation ambitions, announcing the completion of the country's first 410-meter Hyperloop test track. Located at IIT Madras' Discovery Campus in Thaiyur, this test track marks a significant milestone in the development of Hyperloop technology, a futuristic transportation system that promises to revolutionize travel. This project is the result of a collaborative effort between I

A major uproar occurred in the Rajya Sabha on December 5 after a bundle of cash was discovered in the seat of Congress MP Abhishek Manu Singhvi. The Vice President of India, Jagdeep Dhankhar, informed the House that the cash was found by security officials during an anti-sabotage check after the House was adjourned the previous day. Mr. Dhankhar stated that the money was found in seat number 222, which is currently allocated to Singhvi, who represents Telangana. The incident has spa

 The US Citizenship and Immigration Services (USCIS) has announced that it has received enough H-1B visa petitions to meet the annual cap. The cap includes 65,000 visas for regular applicants and an additional 20,000 for individuals holding US advanced degrees. With the lottery system in place for processing petitions once the cap is exceeded, many applicants will be notified if they were not selected. USCIS will send out non-selection notices through online accounts, with the

As of 7:10 a.m. today, gold is priced at Rs 76,520 per 10 grams, according to the India Bullion Association. The commodity's price recently crossed the Rs 77,000 mark but has since fluctuated. On December 2, it had dipped to Rs 76,680, reflecting the volatility in gold prices over the past month. This decline follows a period of lower demand post-festivities, with prices peaking at Rs 81,500 in October due to festive demand, before slipping below Rs 74,390 in November. Global fa

The International Cricket Council (ICC) has finalized a hybrid model for next year's Champions Trophy, allowing India to play its matches in Dubai, while Pakistan will co-host the event in the UAE. The decision, reached after informal discussions between ICC President Jay Shah and the Board of Directors, including Pakistan's representatives, is a major step toward resolving venue concerns in international cricket. The 2025 Champions Trophy will be held in the UAE and Pakistan, with In

Myntra has launched a new feature called M-Now, which enables customers to receive fashion, beauty, accessories, and home products within 30 minutes of ordering. This quick commerce initiative is available across a selection of 10,000 styles and is expected to expand to over 1 lakh styles within the next few months. The service is currently available in Bengaluru, with plans to extend it to other cities like Mumbai, Delhi, and Pune. M-Now aims to enhance the shopping experience by a

The Supreme Court of India has reprimanded senior bureaucrats in Delhi, including the Chief Secretary, for the delayed payment of dues to construction workers impacted by the city's construction ban aimed at reducing pollution. The court had ordered that workers should be compensated during the ban, which was imposed on November 18, but only partial payment had been made. The government had promised ₹8,000 to over 90,000 workers, but many had only received ₹2,000 as an immediate relie

In response to improved air quality in the Delhi National Capital Region (NCR), the Commission for Air Quality Management (CAQM) has eased pollution curbs. The CAQM announced the revocation of Stage-4 and Stage-3 measures of the Graded Response Action Plan (GRAP) in the entire NCR, effective immediately. This decision comes after the Supreme Court allowed the relaxation, following consistent improvement in the air quality index (AQI) since November 29, with AQI levels falling below 300. Howev

Stock Market Opening and Index Performance: The U.S. stock market opened with little change on Thursday, following a strong performance the day before where all major indices hit record highs. The S&P 500 index, a broader market indicator, started flat at 6,089.03 points. The Dow Jones Industrial Average gained a slight 24.4 points, reaching 45,038.44 points. Meanwhile, the Nasdaq C

In October 2024, the Reserve Bank of India (RBI) made a significant move by adding 27 tonnes of gold to its reserves, bringing its total gold purchases for the year to 78 tonnes. This marks the highest level of purchases since 2009, when India acquired 200 tonnes from the International Monetary Fund (IMF). The RBI's total gold reserves now stand at 882 tonnes. In comparison, India had bought only 16 tonnes of gold in 2023. The RBI's gold purchase comes amid global economic i

On Thursday, Telangana Chief Minister A. Revanth Reddy invited former Chief Minister and BRS President K. Chandrashekhar Rao (KCR) to join the ‘Praja Palana’ Vijayotsavalu celebrations, commemorating the first anniversary of the Congress government's rule in Telangana. The celebrations, planned at Hyderabad's Tank Bund, aim to be a grand success with active participation from citizens. The BC Welfare Minister Ponnam Prabhakar and other officials have been tasked with invit

On Thursday, Syrian insurgents claimed to have entered parts of the central city of Hama after intense clashes with government forces that had lasted for three days on the city’s outskirts. While Syrian state media confirmed violent clashes in the eastern areas of Hama, they denied that insurgents had breached the city itself. The city of Hama has remained under full government control throughout the ongoing civil war, which began in March 2011. Its capture would be a significant blow t

Sri Lanka has committed to completing its foreign debt restructuring by the end of December 2023, aiming to address its $46 billion external debt. After defaulting on debt in April 2022, the country has been working on rebuilding its finances with help from an IMF bailout. Deputy Minister Anil Jayantha Fernando confirmed that debt restructuring, which has been delayed for over two years, is critical for the country's economic recovery. The restructuring includes international sovereign bo

During the 15th VTB Russia Calling Investment Forum, President Vladimir Putin praised India’s economic progress under Prime Minister Narendra Modi’s leadership, particularly the "Make in India" initiative. Putin emphasized how this initiative has helped strengthen India’s manufacturing sector and attracted foreign investments, which have significantly contributed to India’s growing global economic position. He drew parallels between India's Make in India