By Harsh Gour India’s Department Of Telecommunications (‘DoT’) recently quietly ordered all smartphone makers to pre-install its new “Sanchar Saathi” cybersecurity app on every phone sold in India. The directive, under the Telecom Cyber Security Rules, instructed manufacturers to push the app to new devices. Once this came to...
NEW DELHI: India on Thursday called for reducing trade barriers and expanding exports to Russia to narrow the widening bilateral trade deficit, which has surged to nearly $59 billion in 2024–25. Addressing Indian and Russian businesses at the India–Russia Business Forum hosted by FICCI, Commerce and Industry Minister Piyush...
MUMBAI: The monetary policy announcement scheduled for Friday will be the most difficult decision for RBI governor Sanjay Malhotra in his first year in the corner room on the 18th floor of the Mint Road headquarters. The MPC led by him is caught in a trilemma of blowout growth,...
CHENNAI/NEW DELHI: Fitch Ratings has lifted its forecast for India’s economic growth in FY26 to 7.4 percent from its earlier projection of 6.9 percent, citing stronger-than-expected consumer spending and the positive impact of ongoing GST reforms. The upgrade reflects Fitch’s view that domestic demand remains the backbone of India’s...
NEW DELHI: The parliamentary standing committee on consumer affairs, food and public distribution on Thursday criticised the department of consumer affairs on the disbursement of funds under the price stabilisation fund (PSF) to state and agencies including Nafed, MMTC and NCCF. “The disbursement of funds under the PSF to...
NEW DELHI: Sberbank, Russia’s largest lender, is looking to ramp up its operations in the country, opening up to 10 branches, investing surplus rupees from bilateral currency trade in Indian govt bonds and getting Russian investors to park funds in Nifty stocks. “We have a full banking licence here…...
By Dr. Gyan Pathak When Indian rupee was falling in the Mumbai market against US dollar on Wednesday, December 3, 2025 – sliding past the 90-a-dollar mark for the second day, plumbing a new low of 90.29 in the morning trade after opening flat at 89.96, analysts were pegging...
By T N Ashok NEW YORK: A global competition is reshaping technology, geopolitics, and the world economy as Washington and Beijing race to dominate artificial intelligence—with no guarantee of success. In the spring of 2024, executives at a prominent Chinese artificial intelligence company found themselves fielding an extraordinary barrage...
By Nilotpal Basu Ram and the construction of the Ram temple in Ayodhya has been the most rewarding campaign for BJP, catapulting it to political hegemony in India’s contemporary political history. Ram, revered by many and attributed with divine quality, was part of the mythology which has been engrained...
By Anjan Roy The Indian currency has depreciated beyond the psychological level of Rs 90 to a dollar in course of trading during Wednesday. It closed at 90.22 at the close of trading. It now looks as though the Indian rupee is inevitably set for continuous depreciation. Some traders...
By Tirthankar Mitra The deadly floods sweeping through Indonesia since last week mark a sobering moment for this region. It is a grim reminder that this region is long accustomed to the monsoon’s mood but rarely prepared for the nature’s most erratic turns. More than 500 people have been...
By Jenny Farrell NEW YORK: Leila Majaj Kirkconnell’s Under the Same Sky is more than a novel; it is a monumental work of witness and a significant literary achievement. It accomplishes what countless reports and statistics fail to do: It translates a vast, complex geopolitical tragedy into a deeply...
NEW DELHI: Ahead of Russian President Vladimir Putin’s visit to India, the Russian Cabinet on Tuesday cleared the signing of a memorandum of understanding (MoU) with India to deepen bilateral cooperation in civil nuclear energy. During Putin’s visit, Defence Minister Rajnath Singh and his Russian counterpart Andrei Belousov will...
MUMBAI: The services sector regained momentum in November, with business activity expanding at a faster pace after a mild slowdown in October, with the activity expansion index printing in at 59.8. According to the HSBC services purchasing managers index (PMI) survey, compiled by S&P Global, the seasonally adjusted index...
MUMBAI: While rupee depreciation does push up the landed cost of crude oil, fertilisers and edible oils, the scale of impact is seen as modest, particularly with inflation running low, oil prices softening, and several import exposures hedged, economists said. Fiscal implications would be largely limited to a possible...
MUMBAI: Continued selling by foreign investors from Indian equity markets along with trade related uncertainties were among the factors that led the value of Indian rupee cross 90 against the US dollar on Wednesday. According to experts while this may impact the near-term market sentiment, the focus of FPIs...
NEW DELHI: Big tech companies’ investments in artificial intelligence and busier M&A activity will raise the volume of debt issuance by investment-grade companies next year, bank executives said on Wednesday during a panel at the Reuters NEXT conference in New York. The funding needs of the top five U.S....
By K Raveendran The steady erosion of trust between political parties and the Election Commission has become one of the more troubling developments in India’s democratic life, revealing an institutional drift that carries implications well beyond a single electoral cycle. The body entrusted with safeguarding the integrity of elections...