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…
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…
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…
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…
Union Finance Minister Nirmala Sitharaman in Lok Sabha during the winter session of Parliament, in New Delhi on Wednesday. File | Photo Credit: ANI Finance Minister Nirmala Sitharaman on Thursday (December 4, 2025) said the proposed Health and National Security Cess will not be levied on essential commodities, and the proceeds will be shared with…
Representational file image. | Photo Credit: Reuters India’s smartphone exports to the U.S. more than three-fold year-on-year to $1.47 billion in October despite global challenges, according to the government data. The export stood at $0.46 billion in October last year. Cumulatively, smartphone exports to the United States surged to $10.78 billion during April-October this fiscal…
The four labour codes — Code on Wages, 2019, Industrial Relations Code, 2020, Code on Social Security, 2020 and the Occupational Safety, Health and Working Conditions Code, 2020 – were notified on November 21. File. | Photo Credit: Sushil Kumar Verma The four labour codes ushering another wave of reforms in the country are likely…
A street money exchanger holds U.S. and Iranian banknotes at Ferdowsi square, Tehran’s go-to venue for foreign currency exchange, in downtown Tehran, Iran. File | Photo Credit: AP Iran’s rial currency fell on Wednesday (December 3, 2025) to a new low of 1.2 million to the U.S. dollar as nuclear sanctions squeeze Tehran’s ailing economy….
