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

Former Indian cricketer Vinod Kambli, once hailed as one of the most promising batters in the country and childhood friend of Sachin Tendulkar, is currently battling severe health issues and financial instability. The 52-year-old ex-India star, who played 104 ODIs and 17 Test matches, came into the public spotlight again in December 2024 after being hospitalized in Thane for urinary infections and severe cramps. Kambli was admitted to Akruti Hospital on December 21, 2024. His medical conditio

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

In yet another setback to India’s rapidly growing digital economy, UPI (Unified Payments Interface) services across the country suffered a major disruption on Saturday morning. This marks the third significant outage in less than a month, severely impacting users and businesses who rely on the platform for quick and seamless financial transactions. Saturday’s outage left countless users stranded, unable to send or receive money through popular UPI-enabled apps such

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

In a move that offers much-needed relief to Public Provident Fund (PPF) account holders across India, Finance Minister Nirmala Sitharaman has officially announced that individuals will no longer have to pay any fees to add, update, or remove nominee details in their PPF accounts. The announcement was made via a post on social media platform X and follows a recent government notification that amends the applicable savings rules. Through Gazette Notification 02/4/25, changes have been introduce

Artificial intelligence (AI) is on track to become one of the most transformative technologies of the 21st century, with its market value expected to surge to $4.8 trillion by 2033, nearly the size of Germany’s economy. This staggering growth, as outlined by the United Nations Conference on Trade and Development (UNCTAD), is set to drive productivity gains and contribute significantly to digital transformation across industries. However, this anticipated boom raises serious concerns, pa

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

As the popularity of short-form videos continues to skyrocket on platforms like Instagram, TikTok, Facebook, and YouTube, a new health concern has emerged—‘reel-induced eye damage’. At the ongoing Joint Meeting of the Asia Pacific Academy of Ophthalmology (APAO) and All India Ophthalmological Society (AIOS), top ophthalmologists have sounded the alarm over what they describe as a silent epidemic affecting eye health across all age groups. The concern is roo

As the new financial year begins on April 1, 2025, taxpayers, investors, and banking customers in India must prepare for several important changes in financial regulations. These reforms, previously announced by the government and regulatory bodies, are aimed at improving compliance, digital security, and financial transparency. Here’s a simple breakdown of the key changes that come into effect starting April 1.   1. Higher Income Tax Exemption Limit

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

At least 100 people were killed in Gaza early Tuesday as Israel launched a wave of intense airstrikes, shattering the fragile ceasefire that had held since January. The attacks targeted multiple locations across Gaza, including Gaza City, Deir al-Balah, Khan Younis, and Rafah. The strikes marked the most intense Israeli bombardment since the ceasefire agreement took effect. According to Palestinian health officials, many of the victims were children as airstrikes struck heavily populated resi

Bitcoin prices showed minor declines across major exchanges on Monday, March 17, reflecting losses of under 2 percent. On CoinMarketCap, Bitcoin was trading at $83,687 (approx. Rs. 72.6 lakh) on global platforms. Meanwhile, on Indian exchanges like CoinSwitch and Giottus, the asset’s value fluctuated between $83,810 (approx. Rs. 72.7 lakh) and $87,506 (approx. Rs. 76 lakh). The leading cryptocurrency’s sluggish performance has persisted for over two weeks following a price dip ear

Indian badminton stars PV Sindhu and Lakshya Sen are set to continue their quest for top form at the Swiss Open 2025 in Basel, starting Tuesday. The USD 250,000 BWF Super 300 tournament will witness a strong Indian presence across multiple categories. Two-time Olympic medallist PV Sindhu, seeded seventh, will face compatriot Malvika Bansod in a much-anticipated opening-round clash. This intriguing encounter between India's top female shuttlers will highlight the battle of experience versu

Sourav Ganguly, former Indian cricket team captain, grabbed headlines with his surprise role as a cop in the promotional video for Netflix’s web series 'Khakee: The Bengal Chapter'. In the recently released promo, Ganguly appears in a police uniform, acting out various scenes under the director’s guidance. In one standout moment, when asked by the director to display aggression, Ganguly recalls his infamous history with former India coach Greg Chappell — a reference

Tulsi Gabbard, the US Director of National Intelligence (DNI), emphasized the growing strength of US-India relations during her visit to New Delhi. In an exclusive interview with NDTV, Gabbard highlighted the close ties between Prime Minister Narendra Modi and President Donald Trump, underscoring their shared commitment to defeating Islamic terrorism and ensuring global security. “The ties between the US and India go very far back,” Gabbard stated. “In Trump's second ter

The United States is set to impose reciprocal tariffs starting April 2, raising concerns about potential disruptions to Indian exports. While traders remain uneasy about the impact on export-driven sectors, a report by SBI Research suggests that India's economy is resilient enough to withstand these changes with minimal consequences. According to SBI Research, the newly imposed US tariffs are projected to result in only a 3-3.5% decline in Indian exports. Despite the tariff hike, India&rs

The Central Pension Accounting Office (CPAO) has issued fresh guidelines to streamline the pension disbursement process for retirees under the National Pension System (NPS). The new instructions aim to ensure that pensioners receive their dues on time without unnecessary delays. In a memo dated March 12, 2025, the CPAO emphasized the need to follow the same procedural framework as the Old Pension Scheme (OPS) to avoid errors. The CPAO’s latest reminder follows an earlier directive issue