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INR has broadly mirrored the movement in crude oil prices amid West Asia crisis, says RBI

Mumbai, May 23 -- The Indian rupee depreciated in April, though the decline was limited by the temporary ceasefire announcement and various measures undertaken by RBI. Thereafter, the INR broadly mirr... Read More


Economic Buzz: India's near-term outlook somewhat clouded by supply-side pressures, notes RBI Bulletin

Mumbai, May 23 -- India's near-term outlook is somewhat clouded by supply-side pressures, and the spillover impact of the West Asia conflict on domestic inflation needs to be monitored, according to t... Read More


US Senator urges sanctions on entities paying Iran for passage via Strait of Hormuz

Washington DC, May 23 -- US Senator Tom Cotton sent a letter to Treasury Secretary Scott Bessent encouraging the administration to use existing authorities to sanction any entity assisting Iran with w... Read More


I asked ChatGPT how I can double my Rs.25K savings in Mumbai: AI's answer shows how it can grow to Rs.40- Rs.45 lakh in 5 years

New Delhi, May 23 -- In the city of dreams, those dreams often come with a heavy monthly invoice. The cost of living in Mumbai - including daily expenses such as food, transport, and rent - is usually... Read More


"Work is still in progress": Sonam Wangchuk on Article 371 safeguards for Ladakh

New Delhi, May 23 -- In a sign of flexibility in months, offering a glimmer of hope to locals who have been protesting for land, job, and cultural protections in the ecologically fragile Himalayan reg... Read More


Global economy continues to be shadowed by uncertainties in West Asia: RBI Bulletin

Mumbai, May 23 -- The Reserve Bank of India, in its May bulletin noted that the global economy continued to be shadowed by uncertainties in West Asia. Domestic economic activity exhibited resilience i... Read More


Food poisoning an increasing menace to children: Food Minister

Dhaka, May 23 -- Food and Public Administration minister Abdul Bari on Saturday said food poisoning is increasingly affecting children due to a lack of food safety. "The situation is due to excessive... Read More


RBI approves record rRs.r2.87 lakh crore dividend transfer to Centre for FY26

India, May 23 -- The Reserve Bank of India (RBI) on Friday approved a record dividend transfer of Rs.2.87 lakh crore to the central government for fiscal year 2026 (FY26) while sharply increasing prov... Read More


Nepal reports its unreadiness to graduate from least developed country club

Kathmandu, May 23 -- Nepal has formally decided to postpone its graduation from the Least Developed Countries (LDC) category for at least three years, citing worsening economic and geopolitical challe... Read More


Public calls fuel price hike a "big blow", demands regulation as petrol, diesel rates rise for third time in 10 days

New Delhi, May 23 -- The repeated increase in petrol and diesel prices across the country has drawn sharp reactions from the public, with many people describing it as a major burden on middle-class fa... Read More