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Home  Latest News

Latest News

Net FDI slows, but repatriation rise reflects maturing economy: RBI Governor

Net FDI slows, but repatriation rise reflects maturing economy: RBI Governor

  • Switzerland plans information exchange on crypto assets with India, 73 other countries

    India and Switzerland already have an automatic exchange of information framework in place for bank accounts and other financial assets held by Indians in Switzerland, and vice versa
  • Man held in Hyderabad for selling banned e-cigarettes worth Rs. 21 lakh

    A man was arrested in Saifabad, Hyderabad, for illegally selling banned e-cigarettes. Task Force officials seized 670 vapes worth Rs. 21 lakh from a flat. The accused allegedly sourced them from Delhi and sold them to students and youth.
  • Sebi attaches bank, share, mutual fund holdings of Mehul Choksi to recover Rs 2.1 crore dues

    Markets regulator Sebi has ordered the attachment of bank accounts and shares and mutual fund holdings of absconding diamantaire Mehul Choksi to recover dues totalling Rs 2.1 crore in a case of violation of insider trading rules in the shares of Gitanjali Gems
  • IndusInd Bank shares rise after RBI signals stability ahead

    Shares of IndusInd Bank rose as much as 5.3 per cent on Friday, after the Reserve Bank of India (RBI) said the problems at the private sector lender are likely to settle soon
  • Ayodhya’s Ram Temple uses 45 kg gold; visitors need passes for Ram Darbar

    Ayodhya’s Ram Temple now features 45 kg of pure gold, mainly in the sanctum and throne of Lord Ram. Following the Ram Darbar consecration, entry will be restricted via free passes. Other temple complex structures are set to complete by 2025.
  • Top bankers hail Reserve Bank’s big bang measures to boost financial inclusion

    Top bankers hailed RBI's decision to reduce repo rate by 50 basis points to 5.50 per cent and CRR by 100 basis points in four tranches, saying the policy move is expected to provide the necessary drive for credit expansion in priority sectors which will enhance the financial inclusion
  • Elon Musk warns Trump tariffs may cause recession, Tesla stock tumbles 14%

    Elon Musk has warned that Donald Trump’s new trade tariffs could trigger a US recession in the second half of the year. The fallout between the two escalated after Musk announced decommissioning SpaceX's Dragon and Tesla stock plummeted 14%.
  • Elon Musk calls for Trump’s impeachment, announces SpaceX Dragon decommissioning

    Elon Musk accused Donald Trump of being named in the Epstein files and called for his impeachment. In retaliation to the threat of cancelled government contracts, Musk announced the decommissioning of SpaceX’s Dragon programme, crucial for NASA missions and cargo return.
  • Excise constable, nephew held for peddling seized marijuana in Shadnagar

    Shadnagar police arrested excise constable Ghulam Sultan Ahmed and his nephew Amjed for allegedly peddling seized marijuana. Sultan Ahmed reportedly stole the contraband from the Tandur excise station, and gave it to Amjed to sell for profit. Both are now in custody.
  • RBI cuts CRR by steep 1 per cent, to unlock Rs 2.5 lakh crore of bank funds

    RBI decided to cut Cash Reserve Ratio (CRR) by a huge 1 per cent, which will unlock Rs 2.5 lakh crore liquidity to the banking system for lending to productive sectors of the economy
  • Starlink gets licence for satcom services in India

    Starlink is the third company to secure the licence from the Department of Telecom (DoT). DoT sources confirmed that Starlink has indeed received licence, and said they will be granted trial spectrum in 15-20 days of applying for it
  • Hyderabad: Dispute over girl ends in murder of minor boy in Kapra 

    A 16-year-old boy from Neredmet was allegedly beaten to death by a group of teens in Kapra, Kushaiguda, after a dispute over messaging a girl. Police have registered a case and are investigating to identify the attackers
  • Very little scope for further policy rate cut: Sanjay Malhotra

    Reserve Bank Governor Sanjay Malhotra on Friday said there is very little scope for rate cut in the current circumstances after the central bank reduced the policy rate by 50 basis points
  • FM Nirmala Sitharaman says India now has 1.76 lakh registered startups, 118 unicorns

    The number of registered startups has reached 1.76 lakh in the last 11 years, with 118 unicorns, thus fueling youth entrepreneurship: Finance Minister Nirmala Sitharaman
  • OYO plans to double hotel revenue by FY26

    OYO expects to double revenue from its company-serviced hotels by FY26, raising their contribution to 44%. With over 1,300 such hotels in India, OYO plans further expansion across cities as part of its profitability and customer experience focus.
  • RBI booster: EMIs, tenure set to come down for home loan borrowers

    RBI will directly benefit home loan borrowers, especially existing ones, by reducing their interest burden, experts said
  • Hyderabad: Suspended TGSRTC employees protest at headquarters, demand reinstatement

    Tension broke out at the TGSRTC headquarters as suspended employees gathered demanding reinstatement. The protestors, including women, attempted to meet MD VC Sajjanar but were stopped due to lack of permission, resulting in arguments with police personnel on the scene.
  • Hyderabad Weekend Guide: Art, culture, music, and wellness

    Hyderabad is hosting a culturally rich weekend with live music shows, traditional art workshops, fitness runs, and casting workshops. From heritage-inspired painting sessions to techno nights and lakeside pottery, the city is buzzing with something for everyone.
  • AICC incharge Meenakshi Natarajan skips constituency meetings, meets Telangana CM Revanth Reddy instead

    AICC Telangana incharge Meenakshi Natarajan’s sudden meeting with Chief Minister Revanth Reddy has stirred speculation in political circles, with party sources indicating discussions on internal discord, upcoming local body elections, and complaints against MPs and ministers for poor cadre coordination.
  • Bihar: STF arrests four, including suspended constable for hatching conspiracy to kill 2 persons

    Bihar's Special Task Force (STF) arrested four individuals, including a suspended police constable, in Samastipur district for conspiring to murder two men. Authorities seized weapons, ammunition, and documents linking the suspects to criminal activities. Further investigation is underway
  • RBI retains FY26 GDP forecast at 6.5 per cent; says Indian economy shows strength, stability, opportunity

    The FY26 growth projections are compared with the 6.5 per cent economic growth recorded in the 2024-25 fiscal year. The Reserve Bank of India (RBI) has projected economic growth at 6.5 per cent for the June quarter and 6.7 per cent for the September quarter
  • Hyderabad: Elderly couple found murdered in their apartment in Rajendranagar

    According to the police, unidentified persons brutally attacked the couple with blunt and sharp objects causing grievous injuries and killing them in their bedroom
  • RBI to raise gold loan-to-value ratio to 85 per cent for small borrowers of up to Rs 2.5 lakh

    The increase in the loan-to-value ratio for small loans means that if the gold pledged is worth Rs one lakh, borrowers can get up to Rs 85,000 as a loan, up from Rs 75,000
  • Cryptocurrencies hamper financial stability: RBI Governor

    RBI Governor Sanjay Malhotra said the central bank is concerned about cryptocurrencies as it can hamper financial stability
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