Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto India’s forex reserves dropped by $6.925 billion to $695.355 billion during the week ended October 24, the RBI said on Friday (October 31, 2025). In the previous reporting week, the overall reserves had increased by $4.496 billion to $702.28 billion. For the week ended…
Under the proposal, at least 20% of the State’s total power consumption must be met by private companies and the states must assume part of the retailer’s debt, according to the Power Ministry presentation. File. | Photo Credit: K. Bhagya Prakash India is considering a bailout exceeding ₹1 trillion ($12 billion) for debt-laden State-run power…
U.S. Federal Reserve Chair Jerome Powell holds a press conference after the Fed cut interest rates by quarter of a percentage point, in Washington, D.C., U.S., October 29, 2025. | Photo Credit: Reuters A divided U.S. Federal Reserve cut interest rates by a quarter of a percentage point on Wednesday (October 29, 2025) and announced…
On October 28, 2025, Nvidia CEO Jensen Huang disclosed $500 billion in chip orders. | Photo Credit: AP Nvidia has become the first $5 trillion company, just three months after the Silicon Valley chipmaker was first to break through the $4 trillion barrier. Hitting the new benchmark puts more emphasis on the upheaval being unleashed…
The RBI said more than 97% of the responding DI entities were unlisted in March 2025, and that captured most of the FDI equity capital in India. File | Photo Credit: Reuters The U.S. and Singapore together accounted for over one-third of the FDI in India during 2024-25, according to the Reserve Bank’s census on…
Many have now formed their opinions about the 2025 Nobel Economics Prize and how its focus signals to the world, the criticality of the economics of innovation and growth. However, what was also curious was the quip by the 2025 Laureate Joel Mokyr (one of the three winners) that ‘economic historians don’t win the prize’….
Union Minister of Commerce and Industry Piyush Goyal meets EU Commissioner for Trade and Economic Security Maros Sefcovic, in Brussels, on October 27, 2025 | Photo Credit: ANI India and the European Union have “significantly” reduced the gaps in their negotiating positions after three days of trade discussions in Brussels, Commerce and Industry Minister Piyush…
Benchmark BSE Sensex declined by 150 points in a volatile session on Tuesday (October 28, 2025) due to profit-taking in IT, consumer durables and realty shares and weak trends in Asian markets. In a see-saw trade, the 30-share BSE Sensex closed lower by 150.68 points or 0.18% at 84,628.16. The index opened strong but erased…
The Government had announced the formation of the 8th CPC in January 2025 to examine and recommend changes in the salaries and other benefits of central government employees. Image for representation only. | Photo Credit: Getty Images/iStockphoto The Union Cabinet has approved the Terms of Reference of the 8th Central Pay Commission (CPC), the body…
File photo of Union Minister Pralhad Joshi | Photo Credit: Reuters India’s experience with PM Surya Garh and PM Kusum has been ‘excellent’ and the country is ready to share its expertise and experience in the solar sector with other countries, Union Minister Pralhad Joshi told reporters in an interaction at the sidelines of the…
