Indian rupee experienced a marginal decline, closing 2 paise lower at 85.52 against the US dollar on April 2, 2025. This marked the first trading session of the new fiscal year 2025-26. The currency’s movement was influenced by a combination of domestic and global factors, including trade tariff uncertainties, rising crude oil prices, and foreign…
The government has appointed Dr. Poonam Gupta, the Director General of the National Council of Applied Economic Research (NCAER), as the Deputy Governor of the Reserve Bank of India (RBI) for a three-year term. This marks a significant milestone as Dr. Gupta becomes the first woman economist to hold this prestigious position. Dr. Gupta’s appointment…
In a recent session of the Rajya Sabha, Trinamool Congress (TMC) MP Mohammed Nadimul Haque made a passionate appeal for Indian-origin NASA astronaut Sunita Williams to be awarded the Bharat Ratna, India’s highest civilian honor. Haque highlighted Williams’ remarkable achievements in space exploration and her deep-rooted Indian heritage, emphasizing that such recognition would be a…
The Waqf (Amendment) Bill, 2025, has sparked significant controversy in Jammu and Kashmir, with political parties and community leaders strongly opposing it. The bill, introduced in the Lok Sabha by Union Minority Affairs Minister Kiren Rijiju, aims to reform the management of Waqf properties by introducing technology-driven oversight and addressing existing complexities. However, critics argue…
The Indian Commerce Ministry is actively formulating a range of contingency plans to mitigate the potential economic fallout from possible US tariffs, according to sources within the government. This proactive approach underscores the government’s commitment to safeguarding Indian trade interests in the face of evolving global trade dynamics. The ministry is reportedly analyzing various scenarios,…
The Delhi Police have placed themselves on high alert ahead of the scheduled parliamentary debate on the Waqf Bill, sources confirmed today. This heightened state of preparedness comes amidst concerns regarding potential security risks and public reactions to the sensitive legislation. The Waqf Bill, dealing with the management and regulation of Islamic endowments, is set…
Diesel prices in Karnataka will increase after the state government hiked the sales tax on diesel by 3 percent on April 1, with immediate effect.As per the state government notification on Tuesday, Karnataka Sales Tax (KST) on diesel has been increased from 18.4 percent to 21.17 percent. According to the Akhila Karnataka Petroleum Dealers Association,…
Foreign portfolio investors (FPIs) showed signs of returning to Indian equities, as sharp outflows, witnessed early in the year, were followed by renewed buying interest in March. Despite heavy selling in January and February, FPIs turned buyers towards the end of March, helping the benchmark Nifty recover by nearly 6 per cent in this month….
Renault’s decision to buy out Nissan’s stake in their Indian joint venture marks a significant shift in their partnership dynamics. This move is likely aimed at streamlining operations and gaining full control over the venture’s strategic direction in India. By acquiring Nissan’s stake, Renault can independently focus on its growth plans, product development, and market…
Since 2014, the National Commission for Minorities (NCM) in India has received a total of 568 complaints related to acts of violence against minorities. This data sheds light on a persistent and alarming issue that affects minority communities across the country. These complaints, lodged by individuals and groups, reflect a range of incidents, including physical…
