NEW DELHI: RBI deputy governor Poonam Gupta Friday said that India has strong macroeconomic fundamentals, which can help it sustain 7.5% growth with low inflation, and added that she was not seeing a major impact on the balance of payments situation due to the West Asia conflict.At a conference organised by the Isaac Centre for…
NEW DELHI: While acknowledging possible stress due to the West Asia conflict , expenditure secretary Vumlunmang Vualnam Friday said that the Centre will prioritise capital expenditure and seek to ensure that the entire allocation for public spending is utilised.“The fiscal stress is indeed very much a reality, but at the same time… the capex will…
Mitchell Starc’s fiery spell on return (Image: IPL/BCCI) Axar Patel, captain of the Delhi Capitals, heaped praise on Mitchell Starc after the left-arm pacer claimed three wickets in his first game of IPL 2026 as Delhi Capitals beat Rajasthan Royals by 7 wickets. Australian fast bowler Mitchell Starc returned to professional cricket after almost three…
Jane Street Group’s journey to the top of Wall Street has been a lucrative ride for its workforce. The firm doled out $9.38 billion in compensation last year — more than double the amount in 2024 — as the market maker vaulted past its biggest Wall Street rivals, according to people familiar with the matter…
Elon Musk sparred with lawyers for a third day Thursday at his California trial against OpenAI, struggling to explain why his own for-profit AI empire differs from the one he is trying to take down.“Few answers are going to be complete, especially when you cut me off all the time,” the visibly irritated multi-billionaire said…
Jason Holder had to wait for his chance at Gujarat Titans, but when it arrived, the West Indies allrounder gave the clearest reminder yet of why the franchise had invested Rs 7 crore in him at the auction. Brought into the XI in place of Glenn Phillips, Holder produced a decisive all-round display in Gujarat’s…
MUMBAI: InGovern Research has called on the RBI to reject Tata Sons’ application to surrender its financial licence, describing the move as a “strategic manoeuvre to sidestep mandatory listing obligations” and to order the company to list on domestic exchanges by March 2027.InGovern argued that the application, filed in March 2024, is “dead on arrival”…
NEW DELHI: With consumption at 154 billion units in April, power consumption in India witnessed over 4% year-on-year growth compared to the same period in 2025.Though peak power demand broke the all-time high record, officials said subdued temperatures during the first 10 days of month due to spells of rain in parts of the country…
MUMBAI: RBI governor Sanjay Malhotra on Friday called for Indian banks to emerge as market-makers in offshore markets, urging a more active global role for domestic lenders as the central bank seeks to shift rupee price discovery onshore, speaking at the FIMMDA-PDAI Annual Conference in Amsterdam.Noting that Indian banks deal only with offshore market makers…
Riyan Parag (Image credit: BCCI/IPL) NEW DELHI: Coming into the match after being fined 25% of his match fee and handed one demerit point for breaching Level 1 of the IPL’s Code of Conduct – for using a vape inside the dressing room – Riyan Parag ensured he put the controversy behind him when he…