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Israeli archaeologists uncover remains of dramatic mountaintop royal palace

Tel Aviv, Dec. 5 -- A team of Israeli archaeologists has uncovered a new piece of the puzzle at the ancient Alexandrium fortress, the dramatic mountaintop site rising 650 meters above the Jordan Valle... Read More


Market ends flat as broader market faces selling pressure

Mumbai, Dec. 5 -- Domestic equities ended the week on a muted note, with the frontline indices closing almost flat despite notable intra-week volatility. The market remained under pressure for three o... Read More


Ponguleti hits back at KTR, says BRS has no moral right to criticise HILT policy

Hyderabad, Dec. 5 -- Telangana Revenue Minister Ponguleti Srinivasa Reddy on Friday launched a sharp counterattack on BRS working president K T Rama Rao's remarks on the State's HILT policy, accusing ... Read More


Ponguleti hits back at KTR, says BRS has no moral right to criticise HILT policy

Hyderabad, Dec. 5 -- Telangana Revenue Minister Ponguleti Srinivasa Reddy on Friday launched a sharp counterattack on BRS working president K T Rama Rao's remarks on the State's HILT policy, accusing ... Read More


FIEO welcomes RBI rate cut, anticipates strong boost for exporters, trade finance and economic growth

New Delhi, Dec. 5 -- The Federation of Indian Export Organisations (FIEO) welcomed the Reserve Bank of India's decision to reduce the repo rate by 25 basis points, describing it as a timely and encour... Read More


Airport turbulence: IndiGo requests relief, no solace for travellers after 600 flights cancelled

India, Dec. 5 -- India's biggest airline IndiGo cancelled over 400flights on Thursday - the third consecutive day of chaos - as the carrier admitted to aviation regulators that its operational meltdow... Read More


FISME, Other Industry Bodies Hail Rate Cut, Hope Banks Transmit It Soon

New Delhi, Dec. 5 -- Industry associations have hailed the RBI's 25-basis-point cut in the policy repo rate to 5.25 per cent as a timely measure to enhance liquidity and ease borrowing costs for busin... Read More


Rare goldilocks period: RBI Governor points to India's high economic growth, low inflation phase

Mumbai, Dec. 5 -- RBI Governor Sanjay Malhotra on Friday characterised India's current macroeconomic moment as a "rare goldilocks period", that currently marks high economic growth and exceptionally l... Read More


JPY/INR futures end lower at 58.22

Mumbai, Dec. 5 -- On the NSE, USD/INR futures ended marginally higher at 90.12. EUR/INR and GBP/INR edged lower to end at 105.10 and 120.10 respectively. JPY/INR also fell 0.13% to close the day at 58... Read More


RBI Governor revises inflation outlook downward to 2% for FY26, reducing 0.6%

Mumbai, Dec. 5 -- The Reserve Bank of India (RBI) on Friday revised the inflation outlook for the current financial year, FY26, projecting CPI inflation at 2 per cent, marking a reduction of 0.6 per c... Read More