Following the RBI's liquidity infusion, experts anticipate government measures to strengthen the rupee. Potential steps could include promoting exports and attracting foreign deposits. Noted changes from past currency management practices signal a focus on maintaining smooth monetary transmission rather than direct intervention in currency markets.
Related news
BCCI's new policy prevents Indian cricketers' families from joining the team in the UAE for the 2025 Champions Trophy due to the tour's duration being under 45 days. For longer tours, families can visit for up to two weeks. The 10-point policy, introduced in January, aims to bolster team building and mandates players to participate in domestic cricket.
A 30-year-old woman was brutally raped and had acid thrown on her in front of her two children in Cachar district, Assam. The accused, a 28-year-old neighbor, committed the heinous crime and fled the scene. The victim is currently in critical condition at Silchar Medical College and Hospital.
Chief Minister M.K. Stalin defends his government's opposition to delimitation based on population census, arguing it penalizes states like Tamil Nadu that successfully implemented population control measures. He also criticizes the three-language policy, viewing it as Hindi imposition, and accuses the Governor of acting against the state's interests.
A young woman was harassed and chased by a motorcycle-borne man in Panaji at 10.20pm. The man, who the police identified with the help of CCTV footage, was caught masturbating and making vulgar comments. He has a criminal history and is currently out on bail. The incident underscores the ongoing issue of harassment women face and the fear it instills.
India's tax department has clarified reporting rules for foreign income and assets. Non-disclosure invites hefty penalties under the Black Money Act, including a potential Rs 10 lakh fine and legal action.
Eleven Indians, primarily from Punjab, tragically died from carbon monoxide poisoning at a Georgia restaurant. Families are devastated and struggling to repatriate the bodies for last rites. Many victims had moved abroad seeking better lives, leaving behind grieving families and uncertain futures.
Jeff Bezos announced changes to the Washington Post opinion pages to support personal liberties and free markets, leading to the resignation of opinion editor David Shipley. This change follows the Post's controversial decision not to endorse a presidential candidate in 2024, highlighting Bezos' influence on the newspaper's direction.
The Mumbai Metropolitan Region Development Authority (MMRDA) has accused French engineering firm SYSTRA of deflecting from its own breaches following termination notices. MMRDA denies corruption allegations and is probing possible illegalities by SYSTRA concerning unauthorized access to Metro project sites and documents.
Jasprit Bumrah’s five-wicket haul ended Australia’s innings at 234, setting India a target of 340. Despite a cautious start, Rohit Sharma and Virat Kohli were dismissed early. Ravi Shastri highlighted the critical wicket of Rishabh Pant post-tea as the turning point. Australia capitalized, securing a 184-run victory with India collapsing to 169 all out.
The Economic Survey 2024-25 advocates for stringent front-of-the-pack labelling rules for India's $37.9 billion ultra-processed food industry, highlighting self-regulation inefficiencies. The report stresses including awareness of UPF ingredients in school curricula and calls for marketing restrictions and higher taxes on such products.