MUMBAI: Even as RBI’s balance sheet has grown by 8.2 per cent to Rs 76 lakh crore in FY25, the central bank is working to build immunity into its foreign exchange reserves, which now account for over 74 per cent of its assets. At the heart of its concern is the “weaponisation of reserves” –…
Israel has agreed to a new US-backed proposal for a temporary ceasefire with Hamas, the White House confirmed on Thursday, in what could mark a major step toward halting the devastating war in Gaza and securing the release of more hostages.White House press secretary Karoline Leavitt told reporters that Israel has “backed and supported” the…
The $44 billion impact: Why international students are vital to the US economy. (AI Image) International students in the US have long been seen as an academic asset, but their contribution goes far beyond the classroom. In fact, they play a significant role in boosting local economies, supporting jobs, and fueling growth in various sectors….
Elon Musk officially announced his departure from the Donald Trump administration on May 28, 2025 marking the end of his brief but headline-grabbing tenure as head of the US Department of Government Efficiency, better known as DOGE. Appointed as a “Special Government Employee” with a limited 130-day term, Musk’s presence in Washington was as disruptive…
Chief Economic Advisor V Anantha Nageswaran on Thursday urged India Inc to scale up capital expenditure and align worker compensation with profitability growth to ensure the Indian economy sustains a growth trajectory of over 6.5 per cent and moves closer to its goal of becoming a developed nation by 2047.Speaking at a CII event, Nageswaran…
Novak Djokovic with officials as he plays Mackenzie McDonald of the U.S. during their first round match of the French Tennis Open, at the Roland-Garros stadium (AP Photo/Thibault Camus) Tennis superstar Novak Djokovic was spotted cycling around the iconic Arc de Triomphe in Paris during a nighttime ride, less than 24 hours before his scheduled…
In a high-stakes battle shaking the pillars of American higher education, President Donald Trump and Harvard University are locked in a tense standoff over diversity, academic freedom, and the role of international students in U.S. universities.Over the past few months, the Trump administration has escalated its campaign against Harvard, freezing approximately $2.3 billion in federal…
Suyash Sharma (Image credit: BCCI/IPL) NEW DELHI: The googly proved to be Suyash Sharma’s deadly weapon as he helped Royal Challengers Bengaluru secure a commanding eight-wicket victory over Punjab Kings in Qualifier 1 at the Maharaja Yadavindra Singh International Cricket Stadium, propelling RCB into the IPL 2025 final. The leg-spinner credited some assistance from the…
India has the seventh largest gold reserves internationally. (AI image) The Reserve Bank’s gold assets value (including gold deposits) saw a substantial rise of 57.12 per cent, reaching Rs 4,31,624.8 crore as of March 31, 2025. This increase was primarily attributed to the addition of 54.13 metric tonnes of gold and the yellow metal’s price…
Phil Salt and Virat Kohli (BCCI/IPL Photo) NEW DELHI: Phil Salt was in a hurry, and so were Royal Challengers Bengaluru (RCB), as they stormed into the IPL 2025 final with a thumping eight-wicket win over Punjab Kings (PBKS) in Qualifier 1 at the Maharaja Yadavindra Singh International Cricket Stadium, Mullanpur on Thursday.After Suyash Sharma…
