The new Delhi govt faces significant financial challenges in delivering on BJP's ambitious election promises, including monthly payments for underprivileged women and seniors. With a projected tax revenue of Rs 58,750 crore against increasing expenses, funding these schemes may require reallocating funds from other sectors or seeking central assistance.
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Sanjay Malhotra, the incoming RBI chief, is expected to focus on growth and technology adoption within the banking sector. Brokerages are divided on whether he will prioritize faster interest rate easing. While some anticipate a more accommodative monetary policy given his finance background, others believe the chances of a rate cut have diminished.
India pulled off a dramatic escape on Day 4 of the third Test against Australia at the Gabba, narrowly avoiding the follow-on. A spirited unbeaten last-wicket stand of 39 runs between Akash Deep (27*) and Jasprit Bumrah (10*) propelled India past the follow-on target of 246, ending the day at 252/9.
A third-year B-Tech student at KIIT in Bhubaneswar allegedly died by suicide, possibly due to being blackmailed by another student. This led to unrest among Nepali students on campus. Police have registered a case, and investigations are ongoing. The university has taken precautionary measures to stabilize the situation.
BigBasket, backed by Tata, plans to go public within 12 to 24 months, targeting $3 billion in annual revenue and a positive Ebitda margin. The company is expanding its operations and improving its supply chain to boost profitability in preparation for the IPO.
Police busted two gangs involved in using stolen mobile phones to transfer funds by exploiting weak passwords. The gangs, which trained juveniles in theft, smuggled stolen phones to Bangladesh, Nepal, and Bihar, amassing Rs 12 lakh. Four individuals were apprehended, and 271 phones were recovered.
Pariksha Pe Charcha 2025 featured an open-air discussion where PM Narendra Modi engaged with students on various topics, emphasizing skill development and the importance of using technology wisely. He reassured students about exam stress and advised them on balancing hobbies with studies.
Following the discovery of a purported ancient temple in Sambhal, Muslim residents began demolishing homes built on allegedly encroached temple land. Authorities initiated anti-encroachment and anti-power theft drives, particularly in minority-dominated areas, after a mosque survey sparked violence. A sealed well near the mosque is now under excavation, adding to the ongoing investigation and restoration efforts surrounding the temple's rediscovery.
A devastating explosion at a firecracker manufacturing unit in Anakapalle district's Kailasapatnam village resulted in the death of five individuals and injuries to seven others. The incident occurred on Sunday afternoon, prompting a police investigation to determine the cause and legality of the unit.
Israeli PM Netanyahu's office dismisses a video release by Hamas as propaganda. The footage shows Israeli hostages, with appeals to the Israeli government for the completion of the ceasefire deal. Netanyahu's office remains firm on their stance against Hamas’s tactics, while families of hostages demand urgent action for their release.
Shreyas Talpade and Alok Nath have been named in an FIR concerning a cheating and breach of trust case in Haryana. The FIR includes 13 accused and alleges that the Human Welfare Credit Cooperative Society duped investors. Police are investigating the actors' possible involvement.