News

India's forex kitty enough to fund over 11 months of imports: RBI chief

India's foreign exchange reserves stood at $691.5 billion, as of May 30, and are sufficient to fund more than 11 months of goods imports and about 96 per cent of external debt outstanding, RBI Governor Sanjay Malhotra said on Friday.

Jun 6, 2025

HC shields Karnataka cricket body office bearers from coercive action, refuses relief to RCB marketing head

The Karnataka High Court on Friday provided relief from coercive action to the office-bearers of the Karnataka State Cricket Association (KSCA), who were facing the prospect of arrest in connection with the stampede near Chinnaswamy Stadium during a felicitation programme for the RCB, in which 11 persons were killed.

Jun 6, 2025

Nirmala Sitharaman hails India's startup surge: 1.76 lakh ventures and 118 unicorns in 11 years

In a post on the social media platform X, the Finance Minister said that "youth in India are building startups and creating jobs". This is "a glimpse of the work done for the youth in the last 11 years under the guidance of Prime Minister Narendra Modi," she posted.

Jun 6, 2025

COVID virus shields itself during replication; new study shows how

The finding, published in the journal Nature Communications, not only provides a potential target for new Covid therapies but also offers insights that could inform future vaccine and antiviral development.

Jun 6, 2025

SEBI freezes Mehul Choksi's bank accounts and investments to recover Rs 2.1 crore

Sebi has ordered the attachment of Mehul Choksi's assets, including bank accounts, shares, and mutual funds, to recover Rs 2.1 crore in dues related to insider trading violations in Gitanjali Gems shares. This action follows Choksi's failure to pay a fine imposed in January 2022 for communicating unpublished price-sensitive information.

Jun 6, 2025

Market cheers RBI's mega decisions, Nifty closes above 25,000

Sensex gained 746.95 points or 0.92 per cent at 82,188.99 and the Nifty rose 252.15 points or 1.02 percent to close at 25,003.05.

Jun 6, 2025

Eid namaz timings in Bengaluru 2025: Complete list of mosques and Eidgahs for Bakrid (Eid al-Adha) prayers

As Muslims across Bengaluru prepare to celebrate Eid ul Adha (Bakrid) on June 7, 2025, we've compiled a complete list of prayer (Namaz) timings across major mosques and Eidgahs in the city to help you plan your prayers.

Jun 6, 2025

Top bankers hail RBI's big bang measures to boost financial inclusion

Top bankers on Friday hailed the Reserve Bank's decision to reduce repo rate by 50 basis points to 5.50 per cent and cash reserve ratio (CRR) by 100 basis points in four tranches, saying the policy move is expected to provide the necessary drive for credit expansion in priority sectors which will enhance the financial inclusion.

Jun 6, 2025

PM Modi waves Tiranga at Chenab bridge; gives befitting reply to Pahalgam plotters

Prime Minister Narendra Modi inaugurated the Chenab bridge, the world's highest railway bridge on Friday, and patted the back of engineers and construction workers who made this unprecedented project possible.

Jun 6, 2025

Trump suggests prolonging Russia-Ukraine conflict; "better to let them fight longer"

President Trump compared Russia and Ukraine with "children fighting in the park" on Thursday and suggested it might be better to let them keep on fighting for a while.

Jun 6, 2025

Bengaluru stampede: Who are the four officials arrested amid probe?

The police also arrested Kiran Kumar (Senior Event Manager) and Sunil Mathew (Vice President - Business Affairs), who were working for DNA Entertainment Network, the event management company in charge of the victory celebrations. Sosale has been RCB's marketing and revenue head for over two years now.

Jun 6, 2025

Operation Sindoor broke Pakistan's backbone, they'll never forget it: PM Modi in J&K

Addressing a rally in Katra, Jammu and Kashmir, after inaugurating the Udhampur-Srinagar-Baramulla rail link and other development projects, the Prime Minister said that Pakistan and its terror proxies never expected such a bold response from India.

Jun 6, 2025

RBI to raise gold loan-to-value ratio to 85 pc for small borrowers

Reserve Bank Governor Sanjay Malhotra on Friday said the central bank will raise the Loan-to-Value (LTV) ratio for gold loans to small borrowers of up to Rs 2.5 lakh to 85 per cent from the existing 75 per cent.

Jun 6, 2025

Lucknow Police encounter: Toddler rape accused shot dead by cops

In a heinous crime in the Uttar Pradesh's Lucknow, a two and a half year old infant was raped by a water vendor who reportedly worked in the Railways. The accused, identified as Deepak Verma, was later killed in an encounter in a retaliatory firing by the police during the intervening night of Thursday and Friday.

Jun 6, 2025

Trump vs Elon Musk: Impeachment call, SpaceX threats, and Epstein files [read now]

U.S. President Donald Trump has threatened to terminate federal contracts and subsidies to Elon Musk, calling it the "easiest way" to save billions in the national budget. The remarks, made on Truth Social, follow a heated fallout between Trump and Musk, who had been close allies until recently.

Jun 6, 2025