What it means for EMIs, markets and India’s economy now

When a central bank cuts interest rates, the world usually assumes one of two conditions. Either the growth is faltering or inflation is dangerously high. India today meets neither condition. Growth is roaring. Inflation is (comfortably) low. Consumption remains resilient. Services continue to expand. The financial system is flush with liquidity. Yet, in a move…

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‘We did nothing wrong’: Indian truck drivers challenge California over mass licence cancellations | World News

Thousands of Indian truck drivers in California have launched a legal challenge against the state after being told their commercial driving licences will be cancelled. Drivers say the move threatens their livelihoods and has left their families in limbo. The lawsuit follows decisions by the California Department of Motor Vehicles to revoke licences issued to…

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‘Decorative piece’: After India slams razing of Hindu statue, Thailand offers explanation | India News

Thailand on Thursday defended the demolition of the Vishnu idol, describing it as a “decorative structure” along its border with Cambodia, after criticism from India.Thailand’s prime minister Anutin Charnvirakul also defended the move, telling reporters on Thursday that “a destroyed statue cannot compare to soldiers’ lives or limbs”.The Thai government further said that the structure…

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Karnataka: Returning from prayers, 4 youths killed in bike crash near Chikkaballapura | India News

Karnataka: Returning from prayers, 4 youths killed in bike crash near Chikkaballapura CHIKKABALLAPURA: Four youths were killed on the spot when the motorcycle they were travelling on collided head-on with a tipper near Ajjavara village on the outskirts of Chikkaballapura, which is 70 kms from Bengaluru, on Thursday night. The accident occurred around 9.30 pm,…

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Birthplaces of 25 ‘Baraputras’ to get heritage makeover in Phase I | Bhubaneswar News

The Odisha government is embarking on an inspiring journey to convert the birthplaces of 25 renowned personalities into vibrant heritage museums. These locations will be enriched with facilities such as libraries and open-air theatres, not only to safeguard the rich cultural history but also to stimulate local economies through tourism and craft sales. Bhubaneswar: The…

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Ruble surges in 2025: Russian currency emerges as top performer against US dollar; why it’s a headache for its war economy

The Russian currency Ruble emerged as the top-performing major currency against the US dollar this year, surging 45% since January. This unexpected strength caught Russian officials off guard and poses challenges for the country’s war-affected economy. The currency is now trading around 78 per dollar, similar to levels before Russia’s Ukraine invasion, as reported by…

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More US colleges push state-funded stipends to help students afford summer internships in high-demand industries

US colleges expand state-funded stipends to support students in summer internships across high-demand sectors. (Getty Images) US colleges are increasingly turning to state-funded stipends to help students overcome financial barriers to summer internships, with public universities in South Carolina expanding programmes that pay students directly while strengthening local workforce pipelines.Following large-scale participation at Clemson University…

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