Will lead a central bank oriented toward reform, says new chair WASHINGTON: Kevin Warsh was sworn in as chair of the US Federal Reserve on Friday at a pivotal moment for an American economy where surging gasoline prices due to the Iran war are pushing up inflation and eroding consumer sentiment, potent ingredients for a…
MUMBAI: The Reserve Bank of India board on Friday okayed a dividend of Rs 2.87 lakh crore to govt, 6.7% more than last year’s Rs 2.69 lakh crore, even as it sharply raised transfers to its contingency risk buffer amid a surge in earnings and balance sheet expansion.The higher dividend came despite a transfer of…
NEW DELHI: Gross foreign direct investment (FDI) grew 16.7%, its fastest pace of expansion in six years, to a record $94.5 billion in 2025-26, helping reverse the four-year falling trend of net FDI.Net FDI was estimated at $7.7 billion during the last financial year, compared with under $1 billion in the previous year. After excluding…
Vaibhav Sooryavanshi (ANI Photo) The rise of teenage sensation Vaibhav Sooryavanshi is no longer just an Indian phenomenon. The 15-year-old’s extraordinary IPL 2026 campaign has captured global attention, with former England captain Michael Vaughan revealing that even fans in the United Kingdom are tuning in specifically to watch the young batter.Sooryavanshi’s fearless batting and remarkable…
MUMBAI: Domestic economic activity exhibited resilience in April, with industrial and services sectors maintaining strength across several segments, even as global uncertainties and geopolitical tensions continued to cast a shadow, RBI said in its latest State of the Economy article.At the same time, the central bank struck a note of caution, stating that “India’s near-term…
Cabinet secretary T V Somanathan NEW DELHI: For the first time, government has carried out a performance assessment of ministries on various administrative parameters, including delays in clearing of files, grievance redressal and responses to Cabinet proposals. Cabinet secretary T V Somanathan, on Thursday, presented the ranking of ministries and departments on each of these…
Jennifer Garner and Ben Affleck raised eyebrows with their latest spotting. Not only were the Hollywood exes spotted together on a day out, but the two were seen twinning from head to toe in matching outfits.Ben Affleck and Jennifer Garner spotted on day outAccording to reports, the pair were seen grabbing a meal together on…
MUMBAI: RBI stepped up dollar sales in FY26 to manage exchange rate volatility. The central bank recorded a total net sale of $53.1 billion over the course of the fiscal year an increase of $12 billion compared to net sales of $41.1 billion in FY25. Despite temporary periods of dollar accumulation, the central bank maintained…
Bobby Deol recently reflected on the massive success of Animal and how the film completely changed the perception surrounding his career. Speaking to Shekhar Suman on his chat show, the actor opened up about his comeback journey, his struggles, and his emotional bond with father Dharmendra.During the conversation, Bobby revealed that Dharmendra was initially unsure…
Climbers walk in a long queue as they head to Camp 4 from Camp 3 on their way to ascend Mount Everest in the Solukhumbu district, also known as the Everest region. (Reuters) Two Indian climbers — Hyderabad-based tech professional Arun Kumar Tiwari and Sandeep Are, 46 — died while descending Mount Everest after reaching…
