As the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) prepares to unveil its policy decision this week, economists and industry experts are divided over whether the central bank will cut rates or maintain its current stance.The meeting, which begins on Wednesday, has raised curiosity about the central bank’s decision. Here is what the…
Arundhati Roy (File photos) NEW DELHI: Author Arundhati Roy has announced that she will not attend the Berlin International Film Festival (Berlinale), where a film she wrote nearly four decades ago is scheduled to be screened in the festival’s Classics section. Roy’s screenplay In Which Annie Gives It Those Ones, written 38 years ago, was…
CHHATRAPATI SAMBHAJINAGAR: BJP drew flak for fielding six members of the same family in Loha municipal council polls in Nanded, all of whom saw defeat. They were Gajanan Suryavanshi, the nominee for president, wife Godavari, brother Sachin, sister-in-law Supriya, brother-in-law Yuvraj Waghmare and his nephew’s wife Rina, who contested as corporator candidates. NCP won president’s…
South Korea is preparing to impose bank-level, no-fault liability rules on crypto exchanges, holding exchanges to the same standards as traditional financial institutions amid the recent breach at Upbit. The Financial Services Commission (FSC) is reviewing new provisions that would require exchanges to compensate customers for losses stemming from hacks or system failures, even when…
India’s consumption landscape is gearing up for a major shift over the coming decade, with the country’s retail market expected to reach $1 trillion by 2030. A new report by venture capital firm Fireside Ventures says this surge will be fuelled by rising disposable incomes, faster digital adoption and the growth of a large aspirational…
NEW DELHI: Prime Minister Narendra Modi on Wednesday hailed Isro‘s successful launch of LVM3-M6, which placed the BlueBird Block-2 satellite into its intended orbit, saying that “India continues to soar higher” further calling the mission a “proud milestone” in the country’s space journey.Congratulating Isro’s scientists and engineers, the prime minister said the achievement underlined India’s…
Check out the companies making the biggest moves in premarket trading: Novo Nordisk — Shares tumbled 10% after the Danish pharmaceutical company’s trial for Alzheimer’s disease failed to meet its main goal of slowing the disease’s progression. Tesla — CEO Elon Musk said on X that the company is close to finalizing its latest artificial-intelligence…
Why it matters: Ryan VanGrack, Coinbase’s VP of legal and global head of litigation, is sharpening Coinbase’s challenge to state regulators, saying they are trying to rewrite Congress’ authority over derivatives. Coinbase has filed lawsuits in Connecticut, Illinois, Michigan and Nevada after launching prediction markets in partnership with Kalshi. Some of those states issued cease-and-desist…
MUMBAI: Fino Payments Bank plans to hive off its business correspondent (BC) arm and expand secured lending through its merchant network once it transitions into a small finance bank, its MD & CEO Rishi Gupta said.Fino received in-principle approval from RBI in early Dec 2025 to convert into a small finance bank, a move that…
Navy chief Admiral Dinesh K Tripath NEW DELHI: India will early next year add some sharp teeth to its sea-based leg of the nuclear triad by commissioning its third nuclear-powered submarine, which is larger than the first two and capable of carrying more long-range nuclear-tipped ballistic missiles.The third such submarine, called SSBN in naval parlance,…
