Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Reserve Bank Governor Sanjay Malhotra on Friday (December 5, 2025) said the central bank does not target any band for the rupee in the forex market, and allows the domestic currency to find its own correct level. The Governor’s statement came at a time…
Image used for representational purpose only. | Photo Credit: Murali Kumar K Aam Aadmi Party (AAP) leader Raghav Chadha on Friday (December 5, 2025) demanded the termination of 10-minute delivery services offered by quick commerce players, terming the practice as “cruelty” towards gig workers who risk their lives to meet deadlines under extreme pressure. Raising…
A man walks past the Reserve Bank of India (RBI) logo outside its headquarters in Mumbai. File | Photo Credit: Reuters The Reserve Bank Of India (RBI) on Friday (December 5, 2025) decided to conduct Open Market Operations (OMO) purchases of government securities of ₹1 lakh crore in December in a bid to maintain sufficient…
Representational image of the Bombay Stock Exchange (BSE) building in Mumbai. File | Photo Credit: PTI Stock market benchmark indices Sensex and Nifty faced highly volatile trends in early trade on Friday (December 5, 2025) ahead of the Reserve Bank of India’s (RBI) monetary policy decision due later in the day. Investors also remained on…
Reserve Bank of India Governor Sanjay Malhotra speaks on Monetary Policy Statement, in New Delhi on December 5, 2025. Photo: YouTube/Reserve Bank of India Noting that since the October Policy, the Indian economy has witnessed rapid disinflation, Reserve Bank of India (RBI) Governor Sanjay Malhotra on Friday (December 5, 2025) announced that the Monetary Policy…
Image used for representational purpose only. File | Photo Credit: The Hindu The rupee appreciated 20 paise to 89.69 against the U.S. dollar in early trade on Friday (December 5, 2025), ahead of the Reserve Bank of India’s (RBI) monetary policy decision. Forex traders said investors remain cautious ahead of the RBI’s monetary policy decision,…
Silver extended its retreat from an all-time high earlier in the week, as traders took profits from a rally that had become overheated. Gold also slipped. The white metal fell below $57 an ounce, having lost more than 2 per cent in the previous session to snap an eight-day winning streak. The latest pullback has…
Just nine Fugitive Economic Offenders (FEOs) owed Indian banks over ₹58,000 crore in principal and interest. Despite having arrest warrants issued against them, these FEOs have left India and refuse to return to avoid criminal prosecution. Of this, the principal amount owed is ₹26,645 crore, while interest accounts for ₹31,437 crore. To date, banks have…
Talking about hotspots, it said that smuggling remained concentrated in Maharashtra, Tamil Nadu, Gujarat, and West Bengal, serving as entry points or redistribution hubs due to their strategic location | Photo Credit: REUTERS Gold smuggling seems to have come down with the Directorate of Revenue Intelligence (DRI) data showing that the volume of seizures dipped…
Commerce Minister Piyush Goyal speaks at the India-Russia Business Forum in New Delhi, on December 4, 2025. | Photo Credit: Reuters Russia has a huge demand for industrial goods and consumer products, which can be fulfilled by Indian businesses if only they take a “leap of faith”, said Commerce Minister Piyush Goyal on Thursday (December…
