The Reserve Bank of India’s (RBI) tightening of norms around net open positions is likely to reshape currency market dynamics in the near term, according to Jayesh Mehta, Vice Chairman and CEO of DSP Finance. Mehta expects the unwinding of large bank positions—estimated at $20 billion to $40 billion—to keep pressure on the rupee until…
India’s move toward faster credit reporting is set to roll out in phases, with the Reserve Bank of India (RBI) laying the groundwork for more frequent updates to borrower data, though the transition to a fully weekly system will not take effect immediately. The central bank has issued multiple amendments to its credit information reporting…
Iran’s downing of two US military aircraft marks the first time in more than 20 years that American warplanes have been shot down by enemy fire, underlining Tehran’s continued ability to retaliate despite claims by US President Donald Trump that the country has been “completely decimated.”The incidents come five weeks into the ongoing US-Israeli campaign…
Military aviation experts have outlined what it takes for a fighter pilot whose jet is shot down behind enemy lines to hide, survive, and be rescued by extraction troops, as US crews conduct search-and-rescue operations after Iran reportedly downed a US Air Force F‑15E Strike Eagle on Friday.According to reports, one crew member—likely the pilot—has…
NEW DELHI: India’s vast informal manufacturing sector has seen jobs stay flat for nearly a decade, while the formal manufacturing sector has seen an increase, marking a sharp divergence in the growth trajectory of the two segments.An analysis of the latest unincorporated enterprises survey released last month showed that 3.5 crore people were employed in…
Royal Challengers Bengaluru’s Virat Kohli (PTI Photo/Shailendra Bhojak) Virat Kohli has returned to the Indian Premier League with immediate impact, delivering a match-winning performance for Royal Challengers Bengaluru in their season opener against Sunrisers Hyderabad. The veteran batter appears focused on helping RCB defend the title they secured for the first time last season. Interestingly,…
Gujarat government invites applications for 90 Staff Nurse (Ayurveda) positions under AYUSH GSSSB Staff Nurse Ayurveda 2026: The Gujarat Gaun Seva Pasandgi Mandal (GSSSB) has announced that the online application process for the recruitment of Staff Nurse (Ayurveda), Class-3, is closing soon. Candidates seeking a career under the Director of AYUSH, Health and Family Welfare…
Katherine Schwarzenegger recently ignited a heated discussion online after sharing a video celebrating her husband Chris Pratt’s impressive skills in dollhouse construction. Her playful remark, “I definitely rely on my husband for this! Who else would create such a magical dollhouse for our girls?” drew mixed reactions. Katherine Schwarzenegger has been getting backlash and hate…
TVS Venu Group has entered into definitive agreements to acquire Prudential Financial Inc’s 100% stake in PGIM India Asset Management and PGIM India Trustees Private Limited. The transaction is being carried out through TVS Venu Management and Consultancy Services Private Limited and its affiliates, and remains subject to regulatory approvals and customary closing conditions. PGIM…
A consumption-focused mutual fund has turned a ₹10,000 monthly SIP into about ₹62.9 lakh since inception, according to the latest factsheet from Mirae Asset Mutual Fund. The Mirae Asset Great Consumer Fund, launched in March 2011, has delivered an SIP return of around 15.4% since inception. A total investment of ₹17.9 lakh through monthly SIPs…
