Sanjay Malhotra, who took office as the Reserve Bank of India (RBI) Governor in December 2024, is expected to shift the RBI’s monetary policy towards a more growth-friendly stance. This marks a departure from his predecessor, Shaktikanta Das, who focused on controlling inflation with higher interest rates for the past two years. Under Malhotra’s leadership, Read More…
Kerala has secured a major boost to its healthcare infrastructure with a ₹2,424.28 crore loan from the World Bank, aimed at transforming the state’s healthcare delivery. The initiative, approved by the state Cabinet under the leadership of Chief Minister Pinarayi Vijayan, focuses on critical areas such as the management of Non-Communicable Diseases (NCDs), strengthening healthcare Read More…
The Karnataka State Road Transport Corporation (KSRTC) is facing a severe financial crisis, seeking a ₹624 crore loan to clear statutory arrears, including provident fund and fuel payments. The crisis has intensified two years after the introduction of the free bus ride scheme for women, the Shakti Yojana. As of December 2024, the four state-run Read More…
Kochi: Gold prices continue their meteoric rise, shattering previous records and edging closer to the ₹63,500 mark. After breaching ₹63,000 per sovereign yesterday, prices climbed further by ₹200 today, reaching ₹63,440 per sovereign. The per-gram price also saw a ₹25 jump, now standing at ₹7,930. The surge is driven by investors flocking to gold as Read More…
In a major development, 104 Indian nationals, primarily from Punjab, were deported from the United States and arrived in Amritsar on a U.S. military flight. These individuals had entered the U.S. illegally, often through the treacherous U.S.-Mexico border, after paying hefty sums to agents who lured them with dreams of a better future abroad. For Read More…
Kochi: In a breakthrough in the Kerala question paper leak case, the Crime Branch has arrested two teachers from M.S. Solutions, Fahad and Jishnu, who were taken into custody early this morning from their home in Koduvally, Kozhikode. M.S. Solutions, a tutoring center owned by the prime suspect Mohammed Shuhaib, is allegedly involved in leaking Read More…
Mumbai: The Indian Rupee, which showed signs of recovery yesterday, slipped again today, losing 9 paise in early trading. The rupee is currently trading at 87.16 against the US dollar. The ongoing trade war between the US and China, where both nations have imposed tariffs on each other, continues to influence the rupee’s movement. Yesterday, Read More…
OpenAI CEO Sam Altman recently visited India to explore the country’s plans for building a low-cost artificial intelligence (AI) ecosystem. During his visit, Altman met with India’s Information Technology Minister, Ashwini Vaishnaw, to discuss potential collaborations. Vaishnaw outlined the Indian government’s strategy to develop a robust AI infrastructure, including GPUs, models, and applications, and emphasized Read More…
Prime Minister Narendra Modi marked his presence at the Maha Kumbh Mela in Prayagraj, immersing himself in the sacred waters at the confluence of the Ganges, Yamuna, and the mythical Saraswati rivers. He called it a “moment of divine connection,” highlighting the profound spiritual significance of the event. The Maha Kumbh Mela, one of the Read More…
Kochi: Gold prices continue to skyrocket in the state, hitting an all-time high of ₹63,240 per pound, following a ₹760 increase. The price per gram also surged by ₹95, now standing at ₹7,905. This comes just a day after gold surpassed ₹62,000 for the first time. This sharp rise follows U.S. President Donald Trump’s announcement Read More…