India Financial News

Shaktikanta Das, the Governor of Reserve Bank of India (RBI), on October 26, received award for A+ grade in Central Bank Report Cards 2024, for the second consecutive year. The award, presented by Global Finance in Washington D.C., USA, recognised RBI Governor's excellent performance and effective leadership in steering India's apex bank through complex economic challenges. In a social media post on X, RBI posted, «Governor @DasShaktikanta received the award for A+ grade in Central Bank Report Cards 2024, for the second consecutive year. Presented by Global Finance at an event held today in Washington DC, USA.»

border patrolling agreement between India and China along the Line of Actual Control (LAC). He, however, also emphasised that it would take time to build trust and willingness between the two nations. Addressing an interactive session with students at FLAME University in Pune, Jaishankar said that since 2020, «The situation in the border has been very disturbed and that's had a very negative impact on the overall relationship».

Indian Army's Romeo Force, in a joint operation with Special Operations Group (SOG) police, busted a terror hideout in the Balnoi sector in Poonch, officials said. According to the Poonch police, the operation that took place on Saturday led to the recovery of two grenades and three PakistMines from the hideout. Meanwhile, a search operation was carried out in Tangmarg and several parts of Jammu and Kashmir as the Indian Army and police intensified their searches to trace the accused in terror attacks in Gulmarg, Baramulla in north Kashmir and Gagangir in the Ganderbal district of the Union Territory.

Nirmala Sitharaman urged the G7 and G20 nations to intensify their support for the African countries and highlighted India's commitment to the continent, particularly in areas such as infrastructure development and healthcare. The Finance Minister participated in the G7 African Ministerial Roundtable on Saturday (local time), the Ministry of Finance stated. During her address at the meet on the sidelines of the Annual Meetings 2024, Sitharaman highlighted the «deep-rooted partnership between India and Africa, which has been redefined by Prime Minister Narendra Modi through 10 guiding principles» that aim to support Africa's growth by focusing on capacity-building, enhancing public services, and addressing climate change, the Ministry added.

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Harold and the Purple Crayon, which is based on the beloved book by Crocket Johnson, will soon be available for streaming on Netflix. The film follows Harold, a young boy who creates magical adventures with his purple crayon.

satellite spectrum administratively for 20 years at minimal charges, while telecom operators Reliance Jio, Bharti Airtel and Vodafone Idea are pushing for allocation at market-determined prices to ensure a level playing field. Satcom companies and telcos will be fighting for a share of the wireless broadband market in India, which is poised for strong growth. The firms have submitted their recommendations to the Telecom Regulatory Authority of India (Trai), which will now come out with recommendations on the pricing and other modalities concerning the spectrum. Reliance Jio and Vodafone Idea, though, have sought reissuance or a supplementary consultation paper as the current paper does not cover key issues, including the level playing field.

This guide will explore the best helmets under 1500, covering a range of options that ensure safety, durability, and style without stretching your budget. Whether you’re a daily commuter or a weekend rider, these helmets offer reliable protection and comfort, meeting the Bureau of Indian Standards (BIS) and making them solid choices for cost-effective safety.

Pedro Sanchez will begin a three-day official visit to India on Sunday-the first by a Spanish head of government in 18 years-which officials said will focus on defence industry partnership and cooperation in infrastructure and the Mediterranean region. Sanchez will land in Vadodara within 24 hours of German chancellor Olaf Scholz's departure from India, making it a back-to-back meeting with two European heads of government for Prime Minister Narendra Modi. In Vadodara, Sanchez and Modi will inaugurate the Tata Advanced Systems Ltd's (TASL's) final assembly line facility for the C295 aircraft on Monday, according to officials.

Indian nationals who stayed in the country illegally, the US Department of Homeland Security said on Friday, adding that this has been done in cooperation with the Indian government. «Indian nationals without a legal basis to remain in the United States are subject to swift removal, and intending migrants should not fall for the lies of smugglers who proclaim otherwise,» Kristie A Canegallo, acting deputy secretary at the Department of Homeland Security, said in a statement. The chartered flight was sent to India on October 22. The statement said the Department of Homeland Security continues to enforce US immigration laws and deliver tough consequences for those who enter unlawfully by swiftly returning those without a legal basis to remain in the US while encouraging the use of lawful pathways.

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Mizoram Chief Minister Lalduhoma stated that the Ministry of Road Transport and Highways will award a compensation to two parties claiming same plots of land; so that the construction work of a four-lane highway between Vairengte and Sairang can begin adding that this is the first compensation of such its kind in the history of India. Lalduhoma while talking to media persons said that during his week-long tour of New Delhi, he participated in a review meeting on highways led by the Minister of Road Transport and Highways, Nitin Gadkari. The Chief Minister stated that he later met Gadkari and apprised the Minister that the construction of a four-lane highway between Vairengte and Sairang cannot be started as forest clearance could not be obtained; and added that though the Supreme Court had directed the Chief Secretary to find an alternative solution to the problem, the claim of the land by both the forest department and the land owners has credibility with both parties accurate in their claim.

GST) in India was a «classical example of cooperative federalism,» Chief Justice of India D Y Chandrachud said here on Saturday. The courts have, over the last few decades, evolved a robust framework on federalism to ensure that the states' rights are protected, he said, speaking on 'Understanding Federalism and Its Potential" at the inaugural annual lecture series organized by the Marathi daily 'Loksatta'. Federalism, for Indians, is not a «monolithic concept» but has multiple facets, the CJI said.

Meta has announced a partnership with the ministry of electronics and information technology to set up a Centre for Generative Artificial Intelligence (AI), the latter said. The IT ministry said the Centre for Generative AI, to be set up at the Indian Institute of Jodhpur, will work towards advancing open-source AI in India. “The partnership will enable development of indigenous AI applications, advance skill development in AI, boost research capabilities with the aim of contributing to India’s AI mission of ensuring tech sovereignty and the vision of building AI solutions that are tailor made for India,” IT ministry said.

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Rahul Gandhi on Saturday expressed concern over the recent sharp decline in the Indian stock markets and said the party must evolve ways to protect the interests of youngsters, the salaried class and the common people who have invested their money. In a video of a phone conversation with Pawan Khera — chairman of the Congress' media and publicity department — Gandhi described the stock market as a «space of risk» and urged party leaders to devise innovative ways of cautioning retail investors for protecting their hard-earned money. «If you want me involved in it, tell me how,» Gandhi told Khera, expressing his willingness to be part of a communication campaign to protect the interests of retail investors. The former Congress president posted a video of the conversation with Khera on Instagram with the caption, «Who is in the syndicate that guards the corrupt?»

India slammed Pakistan's «mischievous provocation» and "political propaganda" during a Security Council meeting on women, peace and security, saying the condition of women belonging to minority communities, notably Hindus, Sikhs and Christians in the country remains deplorable. «It is despicable yet entirely predictable that one delegation has chosen to indulge in mischievous provocation based on their tried and tested tactic of spreading misinformation and disinformation,» India's Permanent Representative to the UN Ambassador P Harish said in the UNSC on Friday. Harish delivered India's statement at the UNSC Open Debate on 'Women Building Peace in a Changing Environment'.

Olaf Scholz on Saturday said borders should not be changed by «war or force», and Russia's invasion of Ukraine poses the biggest threat to international peace today as «it is about changing borders». Inviolability of national borders is the basis for peace, he said, interacting with the students of Birla Institute of Technology And Science (BITS) Pilani at Vasco during a visit to Goa during which he also visited the German Naval ship FGS Baden-Wurttemberg docked at Mormugao Port. The chancellor, on a three-day visit to India, referred to the ongoing Russia-Ukraine war while replying to a question.

advisory to social media companies such as X (formerly Twitter) and Meta, in the face of increasing hoax bomb threats to Indian airlines, reported TOI. The advisory calls for these platforms to make «reasonable efforts to disallow such malicious acts including hoax bomb threats from being disseminated on their platforms.» «The scale of spread of such hoax bomb threats has been observed to be dangerously unrestrained due to the availability of the option of 'forwarding/re-sharing/re-posting/re-tweeting' on the social media platforms,» the Ministry of Electronics and IT highlighted on Friday. These hoax threats primarily consist of misinformation that significantly disrupts public order, airline operations, and the security of travellers. According to the TOI report, social media intermediaries are required to «observe their due diligence obligations that include the prompt removal or disabling access to such unlawful information specified under the IT Rules, 2021, including hoax bomb threats, well within the strict timelines as prescribed under the IT Rules, 2021.»

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