The Indian rupee opened at 84.83 against the US dollar on Monday, a depreciation of 4 paise compared to the previous close of 84.79. The decline in the rupee is largely attributed to the uncertainty following the announcement of a leadership transition at the Reserve Bank of India (RBI). Shaktikanta Das will be succeeded by Sanjay Malhotra, sparking initial concerns in the market. However, markets quickly adjusted to the news, with experts noting that the RBI is closely monitoring banking sys

Switzerland has decided to suspend the Most-Favoured-Nation (MFN) status granted to India, which could result in higher taxes for Indian companies operating in the country. Starting January 1, 2025, Indian companies will face increased withholding tax rates on income such as dividends and royalties generated in Switzerland. The new tax rules will impose a 10% tax on dividends earned by Indian entities. This move follows a ruling by the Indian Supreme Court in October 2023, which sta

The International Cricket Council (ICC) is set to finalize the hybrid model for the 2025 Champions Trophy during a virtual meeting with Pakistan Cricket Board (PCB) Chairman Mohsin Naqvi. Under this model, India and Pakistan will not travel to each other's countries for ICC events. The 2025 Champions Trophy, scheduled from February 19 to March 9, will be played in Dubai, with eight teams divided into two groups. The top two teams from each group will advance to the semifinals. T

Elon Musk’s Tesla has become one of the top employers of H-1B workers, with over 1,700 H-1B visas approved for Tesla employees in 2020. This marks a significant reliance on skilled foreign workers as Tesla continues to grow. Musk’s early career began with illegal work on a student visa in the U.S., but now Tesla’s future is intertwined with the availability of H-1B workers, a visa program that is crucial for attracting talent to the tech industry. The Trump adminis

On Friday, Russia launched a massive aerial assault on Ukraine, firing 93 missiles and nearly 200 drones, marking one of the heaviest attacks on the country’s energy sector since the invasion began nearly three years ago. Ukrainian President Volodymyr Zelenskyy described the assault as part of Russia’s ongoing strategy to terrorize millions of people and demanded a strong global response. Ukraine's air defense systems intercepted 81 missiles, including 11 cruise miss

A tragic incident occurred in Odisha's Mayurbhanj district when a Class 10 student, Sukhdev Munda, died after allegedly being administered a wrong injection at a local pharmacy. Sukhdev, who was suffering from a skin infection, was taken to Sarbeswar Medicines pharmacy in Saharpada Market by his father for treatment. The pharmacist assured them that an injection would provide quick relief. However, shortly after receiving the injection, Sukhdev's condition deteriorated, and he passed

Prime Minister Narendra Modi, during his visit to Prayagraj on Friday, hailed the 2025 Maha Kumbh as a "mahayagya of unity" that would elevate the country's cultural and spiritual identity. Addressing a public meeting, Modi emphasized that the Maha Kumbh brings people together, transcending caste and sect divisions. He inaugurated 167 significant development projects worth Rs 5,500 crore to enhance Prayagraj's infrastructure in preparation for the upcoming Kumbh Mela.

In a politically charged move, the West Bengal BJP's Murshidabad unit has announced plans to construct a Ram temple in Berhampore, following a proposal by TMC MLA Humayun Kabir to build a mosque in Beldanga, located in the same district. The BJP's proposed Ram temple, which will be modeled after the Ram temple in Ayodhya, is scheduled to begin construction on January 22, 2025, marking exactly one year after the inauguration of the Ayodhya temple. Shakharav Sarkar, the BJP&rs

On Thursday, the Reserve Bank of India (RBI) received a bomb threat via email, which was written in Russian. The threat, sent to the RBI's official website, claimed that the bank would be blown up. Following the threat, a case was registered at the Mata Rambai Marg (MRA Marg) police station in Mumbai, and an investigation has been launched. This incident comes after a similar threat was made to the RBI through its customer care number on November 16, with the caller claiming to

In a significant move for the future development of Andhra Pradesh, Chief Minister N. Chandrababu Naidu unveiled the 'Swarnandhra - 2047' Vision document in Vijayawada. The document, titled '10 Principles-One Vision', outlines a roadmap for creating a 'healthy, wealthy, and happy Andhra Pradesh' by 2047. The unveiling event, held at the Indira Gandhi Municipal Stadium, was attended by Deputy Chief Minister K. Pawan Kalyan, along with several ministers and officials.

BEML Ltd. is working on an ambitious timeline to roll out India’s first indigenous bullet train by December 2026, as revealed by Chairman and Managing Director Shantanu Roy. The company has been tasked with designing and manufacturing the bullet trains for the highly anticipated Mumbai-Ahmedabad route. This project marks a significant milestone in India's railway history, with BEML focusing on building two prototypes. Roy emphasized the importance of intellectual property

The US Department of State’s Bureau of Consular Affairs has released the Visa Bulletin for January 2025, providing crucial updates for green card applicants, with a notable focus on Indian applicants. This bulletin offers insights into the availability of immigrant visa numbers, which are vital for individuals waiting in the green card queue. The limits for employment-based preference immigrants have been set at 140,000, while family-sponsored category immigrants have a cap of

India has achieved a major milestone by surpassing $1 trillion in Foreign Direct Investment (FDI) since the turn of the century. Latest data from the Department for Promotion of Industry and Internal Trade (DPIIT) reveals that from April 2000 to September 2024, India attracted a total of $1,033.40 billion in FDI. This surge underscores India’s growing appeal as a global investment hub. Significant contributions have come from countries like Mauritius (25%), Singapore (24%), an

Telugu actor Allu Arjun has been arrested in connection with a tragic stampede that occurred outside a Hyderabad theatre during the premiere of his film Pushpa 2: The Rule. The incident, which took place last month, led to the death of a woman and left others injured. The stampede broke out after Allu Arjun made an unscheduled appearance at the theatre, causing a surge of fans. The actor's unexpected visit reportedly led to a chaotic situation, resulting in the fatal incident.

External Affairs Minister S. Jaishankar expressed concerns in the Lok Sabha regarding the safety of minorities in Bangladesh, particularly following reports of attacks on Hindus. His statement came amidst rising incidents of communal violence in the neighboring country, where the treatment of minorities, especially Hindus, has become a matter of increasing alarm. Jaishankar emphasized that the government of Bangladesh must ensure the safety and security of its minority communities, highlighti

 A group of 55 Rajya Sabha MPs, led by Kapil Sibal, has submitted a motion seeking the impeachment of Allahabad High Court Judge Shekhar Kumar Yadav. The MPs, including prominent leaders such as P Chidambaram, Digvijaya Singh, Raghav Chadha, and Sagarika Ghose, accuse the judge of making hate-filled and inflammatory statements that promote communal disharmony. These remarks, which were made during an event organized by the Vishwa Hindu Parishad (VHP), are seen as targeting minorities and

Atul Subhash, a 34-year-old deputy general manager at a private firm in Bengaluru, tragically died by suicide on December 9, leaving behind a 24-page note accusing his wife and her family of harassment. In the note, Atul claimed that his wife had filed multiple false cases against him and his family since January 2021, causing immense mental anguish. He also alleged corruption within the judicial system, with a judge demanding ₹5 lakh to settle the case. Atul's father, Pawan K

A special two-day debate will begin on Friday in the Lok Sabha to commemorate the 75th anniversary of the adoption of the Indian Constitution. Newly elected Wayanad MP Priyanka Gandhi Vadra is expected to make her maiden speech during this significant discussion. The debate will kick off with Defence Minister Rajnath Singh, and more than 12 BJP leaders, including prominent figures such as HD Kumaraswamy, Srikant Shinde, and Jiten Ram Manjhi, are anticipated to take part. Prime Minis

On Friday, at least six schools in Delhi, including Delhi Public School in East of Kailash, Salwan School, Modern School, and Cambridge School, received bomb threats via email. This marks the second such incident this week, following a similar scare on December 9 when over 40 schools in the city received similar threats. The emails claimed that explosives had been planted within the school premises, warning of potential bomb blasts on December 13 and 14, particularly targeting schools with sc

The Lok Sabha will hold a two-day debate starting today to mark 75 years of the Indian Constitution, though tensions are high between the BJP and Congress, which are embroiled in a bitter political war. Defence Minister Rajnath Singh will kick off the debate for the BJP, with several MPs from the ruling party and allies, including Karnataka's former Chief Minister HD Kumaraswamy, expected to speak. Prime Minister Narendra Modi will respond to the debate and opposition attacks on Saturday