Rupee’s spectacular fall: Why RBI isn’t targeting a price band, but inflation — the ‘Impossible Trilemma’ explained

In early December 2025, the Indian rupee reached a key milestone when it surpassed Rs 90 per dollar for the first time. The rupee had been falling steadily throughout the year, as foreign investors sold off Indian stocks and US tariffs made Indian exports less competitive.However, on December 5, 2025, Reserve Bank of India Governor…

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‘Did nothing wrong’: Mamata Banerjee on action during ED raids; makes coal scam charge against BJP | India News

NEW DELHI: West Bengal chief minister Mamata Banerjee on Friday defended interfering during Enforcement Directorate‘s I-PAC raids, accusing the agency of attempting to “steal” her party’s details. She further levelled serious allegations against “senior BJP leaders in Delhi”, claiming that they received “coal scam proceeds” and she could “furnish proof before public”.“What I did yesterday…

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Telecom relief: Vi to pay Rs 1,144 crore over next 10 years for frozen Rs 87,695 crore AGR dues; bulk repayments start March 2036

Vodafone Idea (Vi) will pay the government Rs 1,144 crore over the next 10 years, with the remaining adjusted gross revenue (AGR) dues — frozen at Rs 87,695 crore — to be paid in instalments starting March 2036, the company said on Friday, reported PTI.The Union Cabinet has frozen Vi’s AGR dues at Rs 87,695…

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Himachal Pradesh: 8 dead as private bus rolls down the hill in Sirmaur – video | India News

NEW DELHI: At least eight people were killed on Friday after a private bus rolled off a hilly road near in Himachal Pradesh’s Sirmaur district, officials said. The bus was travelling from Kupvi to Shimla, news agency ANI reported. The death toll is feared to rise as several passengers sustained serious injuries.According to police, the…

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Union Budget 2026: PLI scheme should be extended to new tech sectors like AI, robotics; here’s what EY India recommends

EY India has recommended to extend the existing Production-Linked Incentive (PLI) scheme to new technology sectors such as AI, space, and robotics, while urging the FY27 Budget to focus on sustaining growth and ensuring tax certainty through a dedicated Customs dispute resolution mechanism. The firm said a forward-looking policy approach would be key to strengthening…

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Monetary policy view: Should RBI cut rates now? PwC says no need to ‘waste a bullet’ as growth holds firm

Making a case for maintaining the status quo on interest rates, PwC Partner and Economic Advisory Services leader Ranen Banerjee said any rate cut at this stage would amount to “wasting a bullet” at a time when economic growth is robust and inflation remains benign.The Reserve Bank of India is unlikely to reduce the policy…

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‘Removed from reality’: SC pushes back on Sharmila Tagore’s plea in stray dogs case — what court said | India News

NEW DELHI: Supreme Court on Friday continued hearing pleas seeking changes to its earlier order on stray dogs, with actor Sharmila Tagore appearing as one of the applicants through her counsel. The top court sharply pushed back against the submissions made on Tagore’s behalf, saying such arguments were “completely removed from reality.”Appearing for Tagore, counsel…

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Mutual funds trends: Equity funds see 6% dip to Rs 28,054 crore in December; debt outflows hit AUM

Equity mutual fund inflows declined by over 6% to Rs 28,054 crore in December, even as investor interest in equities and gold remained intact amid heavy redemptions from debt schemes, data released by industry body AMFI showed on Friday.The moderation in equity inflows came from Rs 29,911 crore in November, though collections were still higher…

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