
Melania Trump to Skip Traditional White House Meeting with Jill Biden
Melania Trump will not be attending the traditional White House meeting on Wednesday with first lady Jill Biden, sources said. Traditionally, when the outgoing President hosts the incoming President-elect in the Oval Office, the first lady hosts her successor for tea in the residence. Michelle Obama hosted Melania Trump for tea in the Yellow Room after the 2016 election. However, Melania Trump did not meet with Jill Biden after the contentious 2020 race as Donald Trump repeatedly claimed he w
Melania Trump to Skip Traditional White House Meeting with Jill Biden
Melania Trump will not be attending the traditional White House meeting on Wednesday with first lady Jill Biden, sources said. Traditionally, when the outgoing President hosts the incoming President-elect in the Oval Office, the first lady hosts her successor for tea in the residence. Michelle Obama hosted Melania Trump for tea in the Yellow Room after the 2016 election. However, Melania Trump did not meet with Jill Biden after the contentious 2020 race as Donald Trump repeatedly claimed he w

Nara Lokesh's Emerging Leadership in Andhra Pradesh
That Andhra Pradesh state IT and education minister Nara Lokesh is gradually emerging as the heir apparent of his father and chief minister N Chandrababu Naidu is being established gradually in the TDP and also the government. The way the TDP ranks have been calling Lokesh the future chief minister of Andhra Pradesh on social media and the state government carrying his picture on the front page advertisements of the official programmes along with his father clearly indicated that Lokesh is em
Nara Lokesh's Emerging Leadership in Andhra Pradesh
That Andhra Pradesh state IT and education minister Nara Lokesh is gradually emerging as the heir apparent of his father and chief minister N Chandrababu Naidu is being established gradually in the TDP and also the government. The way the TDP ranks have been calling Lokesh the future chief minister of Andhra Pradesh on social media and the state government carrying his picture on the front page advertisements of the official programmes along with his father clearly indicated that Lokesh is em

RBI's Gold Reserves Increase to 854.73 Metric Tonnes Amid Economic Uncertainties
The Reserve Bank of India (RBI) has reported an increase in its gold reserves, which now stand at 854.73 metric tonnes as of September 2024, up from 822.10 metric tonnes in March 2024. According to the half-yearly report on the management of foreign exchange reserves released on Tuesday, this increase indicates a strategic shift by the central bank amid rising geopolitical tensions, persistent inflation, and a stable interest rate environment. Out of the total gold reserves, 510.46
RBI's Gold Reserves Increase to 854.73 Metric Tonnes Amid Economic Uncertainties
The Reserve Bank of India (RBI) has reported an increase in its gold reserves, which now stand at 854.73 metric tonnes as of September 2024, up from 822.10 metric tonnes in March 2024. According to the half-yearly report on the management of foreign exchange reserves released on Tuesday, this increase indicates a strategic shift by the central bank amid rising geopolitical tensions, persistent inflation, and a stable interest rate environment. Out of the total gold reserves, 510.46

"RBI Cuts GDP Growth Forecast to 6.8% Amid Festival Season Optimism"
The Reserve Bank of India (RBI) has reduced its GDP growth forecast for India to 6.8% for the second quarter of fiscal 2024-25, a decrease of 20 basis points. In its October bulletin titled "State of the Economy," the RBI attributed this revision to a slackening momentum observed in some high-frequency indicators, which were partially impacted by unusual heavy rainfall in August and September. This latest forecast is lower than the previous projection of 7% made by RBI Gov
"RBI Cuts GDP Growth Forecast to 6.8% Amid Festival Season Optimism"
The Reserve Bank of India (RBI) has reduced its GDP growth forecast for India to 6.8% for the second quarter of fiscal 2024-25, a decrease of 20 basis points. In its October bulletin titled "State of the Economy," the RBI attributed this revision to a slackening momentum observed in some high-frequency indicators, which were partially impacted by unusual heavy rainfall in August and September. This latest forecast is lower than the previous projection of 7% made by RBI Gov

RBI Bars Four NBFCs from Disbursing Loans Over High Interest Rates
The Reserve Bank of India (RBI) has taken a significant step by barring four non-banking financial companies (NBFCs) from sanctioning and disbursing loans starting October 21. The companies affected include Asirvad Micro Finance, Navi Finserv, Arohan Financial Services, and DMI Finance. This action comes in light of serious supervisory concerns related to high lending rates and non-compliance with regulatory standards. In a press release, the RBI emphasized its ongoing commitment to
RBI Bars Four NBFCs from Disbursing Loans Over High Interest Rates
The Reserve Bank of India (RBI) has taken a significant step by barring four non-banking financial companies (NBFCs) from sanctioning and disbursing loans starting October 21. The companies affected include Asirvad Micro Finance, Navi Finserv, Arohan Financial Services, and DMI Finance. This action comes in light of serious supervisory concerns related to high lending rates and non-compliance with regulatory standards. In a press release, the RBI emphasized its ongoing commitment to

"Noel Tata Appointed Chairman of Tata Trusts Following Ratan Tata's Passing"
In a significant transition for the Tata Group, Noel Tata has been appointed Chairman of Tata Trusts, succeeding his half-brother Ratan Tata, who passed away at the age of 86 in a Mumbai hospital. Ratan Tata's death marks the end of an era for Indian business, where he transformed the Tata Group into a global powerhouse, reshaping the country’s industrial landscape. Noel Tata has been an influential figure within the Tata Group since he joined in the early 2000s. His appoi
"Noel Tata Appointed Chairman of Tata Trusts Following Ratan Tata's Passing"
In a significant transition for the Tata Group, Noel Tata has been appointed Chairman of Tata Trusts, succeeding his half-brother Ratan Tata, who passed away at the age of 86 in a Mumbai hospital. Ratan Tata's death marks the end of an era for Indian business, where he transformed the Tata Group into a global powerhouse, reshaping the country’s industrial landscape. Noel Tata has been an influential figure within the Tata Group since he joined in the early 2000s. His appoi

RBI's Stance on Inflation: A Tight Leash Amid Rising Risks
The Reserve Bank of India (RBI) is taking a cautious approach to inflation management following a slight rise in the latest inflation readings. During a policy address on Wednesday, RBI Governor Shaktikanta Das emphasized the need to keep inflation on a "tight leash" due to potential upside risks stemming from adverse weather conditions and ongoing geopolitical tensions. In August, India's retail inflation, measured by the Consumer Price Index (CPI), edged up to 3.65%,
RBI's Stance on Inflation: A Tight Leash Amid Rising Risks
The Reserve Bank of India (RBI) is taking a cautious approach to inflation management following a slight rise in the latest inflation readings. During a policy address on Wednesday, RBI Governor Shaktikanta Das emphasized the need to keep inflation on a "tight leash" due to potential upside risks stemming from adverse weather conditions and ongoing geopolitical tensions. In August, India's retail inflation, measured by the Consumer Price Index (CPI), edged up to 3.65%,

Arvind Kejriwal Resigns as Delhi Chief Minister; Atishi Takes Over Amidst Liquor Policy Case Controversy
Kejriwal’s Resignation: Arvind Kejriwal, the Chief Minister of Delhi, resigned from his position on Tuesday evening, making way for colleague Atishi to take over. This decision follows a dramatic four-day period after Kejriwal's release on bail related to the liquor policy case. Atishi’s Appointment: Atishi, newly appointed as the leader of the legislative party, will serve as the acting Chief Minister unt
Arvind Kejriwal Resigns as Delhi Chief Minister; Atishi Takes Over Amidst Liquor Policy Case Controversy
Kejriwal’s Resignation: Arvind Kejriwal, the Chief Minister of Delhi, resigned from his position on Tuesday evening, making way for colleague Atishi to take over. This decision follows a dramatic four-day period after Kejriwal's release on bail related to the liquor policy case. Atishi’s Appointment: Atishi, newly appointed as the leader of the legislative party, will serve as the acting Chief Minister unt

Chandrababu Naidu’s Innovative Flood Relief: Drones and On-the-Ground Efforts Receive Widespread Praise
Chief Minister N. Chandrababu Naidu is earning widespread acclaim for his prompt and effective response to the recent floods in Andhra Pradesh. The state has been grappling with severe flooding due to relentless rains and significant inflow from upstream areas, leading to overflowing water bodies and breaches. In this challenging scenario, Naidu’s leadership and innovative approach to flood relief
Chandrababu Naidu’s Innovative Flood Relief: Drones and On-the-Ground Efforts Receive Widespread Praise
Chief Minister N. Chandrababu Naidu is earning widespread acclaim for his prompt and effective response to the recent floods in Andhra Pradesh. The state has been grappling with severe flooding due to relentless rains and significant inflow from upstream areas, leading to overflowing water bodies and breaches. In this challenging scenario, Naidu’s leadership and innovative approach to flood relief