India’s annual retail inflation rate eased to 3.34% in March 2025, according to the latest data from the Ministry of Statistics and Programme Implementation. This marks the fifth consecutive month of decline and falls below the 3.61% recorded in February, offering significant relief to policymakers and consumers alike. The main factor contributing to this moderation is the continued softening of food prices, which make up a large portion of the Consumer Price Index (CPI). Food inflation dr

As immigration concerns and political unpredictability in the United States intensify, Britain—particularly London—is increasingly becoming a preferred destination for not only global travellers and academics but also for vibrant artistic talent. Recent trends highlight a noticeable drop in the number of British citizens traveling to the US, while simultaneously showcasing a surge in visibility and success of Indian-origin actors on the West End stage The drop in Briti

The Reserve Bank of India (RBI) has introduced a new initiative to connect more directly with the public by launching an official WhatsApp channel. This development is part of the central bank’s broader commitment to enhancing public awareness and making important financial and banking information accessible to every citizen, particularly those in rural and semi-urban areas who might not have regular access to official websites or traditional media. The initiative falls under the RBI&rs

Karnataka Chief Minister Siddaramaiah has landed in fresh controversy after social activist H Ramamurthy Gowda submitted a formal petition to Governor Thaawarchand Gehlot, seeking sanction to prosecute the CM under the Prevention of Corruption Act, 1988. The complaint alleges that Siddaramaiah accepted a Rs 500 crore bribe in 2015 for renewing eight mining leases without opting for the auction route. The petition, accessed exclusively by India Today, claims that Siddaramaiah’s

In a significant policy development, RBI Governor Sanjay Malhotra announced that the Reserve Bank of India will soon release comprehensive regulations governing prudential norms and conduct-related aspects of gold loans. This move follows growing concerns over irregular practices among certain regulated entities (REs) and the recent surge in gold-backed lending across the country. The upcoming regulations aim to harmonize gold loan guidelines across various categories of lenders, including ba

India’s banking sector is projected to witness a year-on-year credit expansion of ₹19 lakh crore to ₹20.5 lakh crore in FY2025-26, amounting to a growth of approximately 10.8%, according to a report by ICRA, a leading credit rating agency. This expansion is expected to be driven by recent monetary easing measures implemented by the Reserve Bank of India (RBI), though structural challenges in deposit mobilisation and rising credit-deposit ratios may temper growth momentum. According to

Timely pension payments are not merely a procedural matter—they are a lifeline for countless retired central and state government employees. These pensions, disbursed through authorised banks, are governed by the Reserve Bank of India (RBI)'s "Master Circular - Disbursement of Government Pension by Agency Banks". The RBI recently updated the circular, issuing a series of clarifications that aim to make the pension system more transparent, accountable, and senior citizen-fr

Poonam Gupta, a prominent economist with global expertise, has been appointed as the new Deputy Governor of the Reserve Bank of India (RBI). Her appointment marks a historic milestone, as she becomes the first woman in over a decade to assume this high-ranking position at India’s central bank. She succeeds Michael Patra, who retired in January 2024. Gupta brings with her nearly two decades of international experience, having worked with the World Bank, International Monet

American comedy superstar Kevin Hart is officially heading to India for the very first time as part of his ongoing world tour titled Acting My Age. The announcement has sparked massive excitement among Indian fans, who will finally get the chance to experience Hart's dynamic comedic style live on stage. The much-anticipated performance is scheduled for April 30, 2025, and will mark a historic milestone in the celebrated comedian's career. The news was confirmed on April 1 by

Bank of America has issued essential guidelines for customers to help them avoid their accounts being labeled as abandoned property. Accounts that show signs of inactivity for extended periods, often more than three years, are at risk of being classified as abandoned and subsequently turned over to the state. This process is called escheatment, and it can result in the loss of access to your funds if not managed properly. However, the bank provides several proactive steps for customers to kee

Life Insurance Corporation of India (LIC) has requested the Reserve Bank of India (RBI) to introduce long-term government bonds, including 100-year bonds, to support their investment strategies for whole life insurance policies. This request was confirmed by Siddhartha Mohanty, Managing Director and Chief Executive of LIC, during an event in Mumbai. Speaking on the sidelines of the GCA25 conference, Mohanty explained that LIC’s investment portfolio heavily depends on long-term bonds to

Nestled along Karnataka’s coastline, Mulki is emerging as India's newest surfing hotspot. Just 30 km from Mangalore, this quiet fishing village offers golden beaches, rolling waves, and a laid-back vibe that’s worlds apart from the bustling shores of Goa or Kerala. If you're seeking unspoiled beaches and an authentic coastal experience, Mulki is the ideal getaway.   Mulki's Thriving Surf Scene Mulki is home to Mantra S

The Directorate of Revenue Intelligence (DRI) has arrested Kannada actor Ranya Rao in connection with a ₹12.56 crore gold smuggling case. According to the DRI’s arrest memo, Ranya attempted to smuggle 14.2 kg of 24-karat gold into India, concealing it in her clothing, shoes, and pockets to evade customs duty. The DRI’s memo outlines that Ranya Rao was intercepted on March 3, 2025, at Kempegowda International Airport (KIAL) in Bengaluru while arriving from Dubai on Emirates Fligh

Fixed deposits have long been considered a safe and reliable investment option in India, particularly among conservative investors. However, declining interest rates and rising inflation have made it increasingly difficult for FDs to offer returns that outpace the rising cost of living. With the Reserve Bank of India (RBI) reducing the repo rate, banks have responded by lowering FD rates, prompting investors to explore other options that provide higher returns while maintaining financial secu

The Andhra Pradesh government has taken a firm stand against drug peddling by introducing stringent measures under the Narcotic Drugs and Psychotropic Substances (NDPS) Act. This move comes after growing concerns regarding unchecked drug trafficking in the state during the previous administration. With the NDA-led government now in power, the authorities have made it a priority to curb the rampant drug menace that had reportedly flourished in recent years. One of the significant steps in this

On February 23, 2025, at the 31st Screen Actors Guild Awards, Jane Fonda was honored with the prestigious SAG Life Achievement Award in a ceremony that celebrated not only her remarkable contributions to film and television but also her enduring commitment to activism and social justice. The event, streamed live for audiences around the world, marked a significant milestone in Fonda’s illustrious career, which spans more than six decades. At 87 years o

The Reserve Bank of India (RBI), in its latest bulletin released on February 19, stated that the tax cuts in the Union Budget 2025, along with moderating inflation, are expected to provide financial relief to the middle class and boost overall household spending. This announcement comes after the February Monetary Policy Committee (MPC) meeting, where the newly appointed RBI Governor, Sanjay Malhotra, emphasized the positive economic impact of the tax relief measur

Indian stock markets experienced a significant fall in early trade on Monday, even though the Reserve Bank of India (RBI) announced a rate cut and the Bharatiya Janata Party (BJP) emerged victorious in the Delhi Assembly elections. The benchmark indices opened lower and continued to decline amid growing selling pressure. The BSE Sensex lost over 600 points, while the NSE Nifty dropped nearly 200 points.   The Sensex hit a low of 77,189.04, down from the previous session&

The Reserve Bank of India (RBI) announced a 25 basis points cut in the benchmark interest rate, marking its first reduction in five years. The decision, led by Governor Sanjay Malhotra, aims to boost economic activity but was met with mixed reactions from investors. Despite expectations of a rate cut, the market remained cautious as the RBI maintained a neutral stance without introducing additional liquidity measures. Foreign Institutional Investors (FIIs) continued outflows amid concerns ove

The Reserve Bank of India (RBI) is inviting applications for the position of Medical Consultant (MC) on a contract basis. This is an excellent opportunity for qualified medical professionals to work with RBI. The last date to apply is February 14, 2025, at 4:40 pm.   Vacancy Details: The recruitment is for medical professionals with an MBBS degree, with a preference for those having postgraduate qualifications in General Medicine and at least two years o