Mumbai's financial landscape has seen significant changes as the Reserve Bank of India (RBI) takes action on JPY-linked special deposits. Once a popular tool for attracting NRI funds, these deposits were marketed as premium rupee plans (PRPs), offering high returns by leveraging the forward premium on the Japanese yen. Banks, like IndusInd Bank and Yes Bank, had been using these products to attract NRI deposits by offering high yields based on the yen's forward premium in the foreign exchange
Mumbai's financial landscape has seen significant changes as the Reserve Bank of India (RBI) takes action on JPY-linked special deposits. Once a popular tool for attracting NRI funds, these deposits were marketed as premium rupee plans (PRPs), offering high returns by leveraging the forward premium on the Japanese yen. Banks, like IndusInd Bank and Yes Bank, had been using these products to attract NRI deposits by offering high yields based on the yen's forward premium in the foreign exchange
Bank of India recently hosted an NRI Meet, “Pravasi Sampark,” in Mumbai’s North Zone, designed to enhance its engagement with the Non-Resident Indian (NRI) community. This initiative is part of the bank’s ongoing strategy to provide customer-centric financial services, catering to the evolving needs of NRIs, including banking, investment, and remittance solutions. The event highlighted the bank’s commitment to strengthening long-term relationships with global Indians by leveraging a
Bank of India recently hosted an NRI Meet, “Pravasi Sampark,” in Mumbai’s North Zone, designed to enhance its engagement with the Non-Resident Indian (NRI) community. This initiative is part of the bank’s ongoing strategy to provide customer-centric financial services, catering to the evolving needs of NRIs, including banking, investment, and remittance solutions. The event highlighted the bank’s commitment to strengthening long-term relationships with global Indians by leveraging a
Kalvakuntla Kavitha, once labeled the "Lady in Liquor Scam" during the Delhi liquor scam controversy, has been acquitted by the CBI court in Delhi. The court cleared her of all charges, citing a lack of evidence in the case. The allegations against Kavitha had sparked months of intense political scrutiny and legal battles. At one point, the Bharat Rashtra Samithi (BRS) party took action and removed her from her position within the party amidst the ongoing legal concerns. Despite the serious p
Kalvakuntla Kavitha, once labeled the "Lady in Liquor Scam" during the Delhi liquor scam controversy, has been acquitted by the CBI court in Delhi. The court cleared her of all charges, citing a lack of evidence in the case. The allegations against Kavitha had sparked months of intense political scrutiny and legal battles. At one point, the Bharat Rashtra Samithi (BRS) party took action and removed her from her position within the party amidst the ongoing legal concerns. Despite the serious p
Prime Minister Narendra Modi has achieved a significant milestone in the digital space, becoming the first world leader to cross 100 million followers on Instagram. The achievement highlights his strong presence on social media and reflects his influence in the global political landscape. Since joining Instagram in 2014, Modi’s account has steadily expanded in reach. What began as a platform to share official engagements, foreign visits, and personal moments gradually evolved into
Prime Minister Narendra Modi has achieved a significant milestone in the digital space, becoming the first world leader to cross 100 million followers on Instagram. The achievement highlights his strong presence on social media and reflects his influence in the global political landscape. Since joining Instagram in 2014, Modi’s account has steadily expanded in reach. What began as a platform to share official engagements, foreign visits, and personal moments gradually evolved into
India has issued a safety advisory for its citizens currently living in or travelling to Mexico following reports of ongoing clashes and heightened security operations in several parts of the country. The Indian Embassy in Mexico City released the advisory on Sunday, urging Indian nationals to remain vigilant and strictly follow local safety guidelines. In its official communication, the embassy advised Indians in specific high-risk regions to shelter in place until further notice.
India has issued a safety advisory for its citizens currently living in or travelling to Mexico following reports of ongoing clashes and heightened security operations in several parts of the country. The Indian Embassy in Mexico City released the advisory on Sunday, urging Indian nationals to remain vigilant and strictly follow local safety guidelines. In its official communication, the embassy advised Indians in specific high-risk regions to shelter in place until further notice.
In a significant development with potential global trade implications, the United States Supreme Court on Friday struck down a major portion of former President Donald Trump’s sweeping tariff framework. The court ruled that the law used by the administration to justify many of the import duties does not grant the president unilateral authority to impose tariffs, a decision that could indirectly affect key trading partners, including India. Delivering a 6–3 majority opinion, Chief Justice
In a significant development with potential global trade implications, the United States Supreme Court on Friday struck down a major portion of former President Donald Trump’s sweeping tariff framework. The court ruled that the law used by the administration to justify many of the import duties does not grant the president unilateral authority to impose tariffs, a decision that could indirectly affect key trading partners, including India. Delivering a 6–3 majority opinion, Chief Justice
India on Thursday participated as an observer in the inaugural meeting of United States President Donald Trump’s newly formed Board of Peace initiative focused on the Gaza Strip. According to the official list of participants, India was represented by Namgya Khampa, Chargé d’Affaires at the Indian embassy in Washington, DC. Government sources indicated that New Delhi has not formally joined the Board of Peace and is currently maintaining an observer position as it closely tracks development
India on Thursday participated as an observer in the inaugural meeting of United States President Donald Trump’s newly formed Board of Peace initiative focused on the Gaza Strip. According to the official list of participants, India was represented by Namgya Khampa, Chargé d’Affaires at the Indian embassy in Washington, DC. Government sources indicated that New Delhi has not formally joined the Board of Peace and is currently maintaining an observer position as it closely tracks development
New Delhi: India is emerging as a central force in global artificial intelligence collaboration as Canada’s Minister of Artificial Intelligence and Digital Innovation, Evan Solomon, highlighted the rapid progress of trilateral cooperation between India, Canada and Australia. Speaking in the national capital, Solomon described the three democracies as natural partners in the AI domain, pointing to India’s growing technological capabilities and talent strength. The minister acknow
New Delhi: India is emerging as a central force in global artificial intelligence collaboration as Canada’s Minister of Artificial Intelligence and Digital Innovation, Evan Solomon, highlighted the rapid progress of trilateral cooperation between India, Canada and Australia. Speaking in the national capital, Solomon described the three democracies as natural partners in the AI domain, pointing to India’s growing technological capabilities and talent strength. The minister acknow
Prime Minister Narendra Modi is set to undertake a two-day visit to Israel from February 25 to 26, in what is expected to be another significant step in strengthening India’s strategic engagement with the West Asian nation. According to official sources, the final programme is being worked out, with the visit likely to feature high-level discussions focused on expanding cooperation in key sectors. Modi is also expected to address the Israeli parliament, the Knesset, during the trip.
Prime Minister Narendra Modi is set to undertake a two-day visit to Israel from February 25 to 26, in what is expected to be another significant step in strengthening India’s strategic engagement with the West Asian nation. According to official sources, the final programme is being worked out, with the visit likely to feature high-level discussions focused on expanding cooperation in key sectors. Modi is also expected to address the Israeli parliament, the Knesset, during the trip.
US President Donald Trump held high-level talks with Israeli Prime Minister Benjamin Netanyahu on Wednesday, with discussions focusing heavily on Iran’s nuclear programme, regional security concerns and ongoing diplomatic efforts in West Asia. The meeting comes at a time of renewed tensions involving Tehran and carries broader implications for global geopolitics, including countries such as India that maintain strategic and economic interests across the region. After the meeting,
US President Donald Trump held high-level talks with Israeli Prime Minister Benjamin Netanyahu on Wednesday, with discussions focusing heavily on Iran’s nuclear programme, regional security concerns and ongoing diplomatic efforts in West Asia. The meeting comes at a time of renewed tensions involving Tehran and carries broader implications for global geopolitics, including countries such as India that maintain strategic and economic interests across the region. After the meeting,
US President Donald Trump has once again asserted that the threat of trade tariffs played a significant role in halting several international conflicts, including the recent military tensions between India and Pakistan. Speaking in a televised interview on Tuesday, Trump claimed that economic pressure through tariffs helped bring rival nations to the negotiating table and prevented further bloodshed. Referring specifically to the four-day confrontation between the two nuclear-armed
US President Donald Trump has once again asserted that the threat of trade tariffs played a significant role in halting several international conflicts, including the recent military tensions between India and Pakistan. Speaking in a televised interview on Tuesday, Trump claimed that economic pressure through tariffs helped bring rival nations to the negotiating table and prevented further bloodshed. Referring specifically to the four-day confrontation between the two nuclear-armed
Actor Vijay, amidst the mounting uncertainty surrounding his much-anticipated film Jana Nayagan, made a public appearance at a high-profile wedding in Chennai on January 31. The actor, dressed in a white shirt and beige blazer, attended the wedding of Sahil and Vedika, hosted by YS Sunil Reddy, and was seen interacting with guests, including YSR Congress Party leader Jagan Mohan Reddy. The wedding quickly became a talking point with fans and celebrities alike, especially given Vijay'
Actor Vijay, amidst the mounting uncertainty surrounding his much-anticipated film Jana Nayagan, made a public appearance at a high-profile wedding in Chennai on January 31. The actor, dressed in a white shirt and beige blazer, attended the wedding of Sahil and Vedika, hosted by YS Sunil Reddy, and was seen interacting with guests, including YSR Congress Party leader Jagan Mohan Reddy. The wedding quickly became a talking point with fans and celebrities alike, especially given Vijay'
A moment of immense joy has arrived for Tollywood’s beloved couple, Ram Charan and Upasana Konidela, as they welcome twins— a baby boy and girl—on January 31. The joyful news was shared by Ram Charan’s father, megastar Chiranjeevi, who expressed his gratitude and pride as a grandfather. Both the newborns and Upasana are doing well, with Chiranjeevi describing their arrival as a divine blessing. The news has been met with an outpouring of congratulatory messages from fans, ce
A moment of immense joy has arrived for Tollywood’s beloved couple, Ram Charan and Upasana Konidela, as they welcome twins— a baby boy and girl—on January 31. The joyful news was shared by Ram Charan’s father, megastar Chiranjeevi, who expressed his gratitude and pride as a grandfather. Both the newborns and Upasana are doing well, with Chiranjeevi describing their arrival as a divine blessing. The news has been met with an outpouring of congratulatory messages from fans, ce
Sitara Ghattamaneni, the 13-year-old daughter of Tollywood superstar Mahesh Babu and actress Namrata, is garnering significant attention due to her poise and maturity. Recently, she was seen at a promotional event in Hyderabad as the brand ambassador for a jewelry label, further solidifying her growing presence in the public eye. Despite her fame and her family’s legacy in the film industry, Sitara is not rushing into acting. At just 13, she has emphasized that her priority remain
Sitara Ghattamaneni, the 13-year-old daughter of Tollywood superstar Mahesh Babu and actress Namrata, is garnering significant attention due to her poise and maturity. Recently, she was seen at a promotional event in Hyderabad as the brand ambassador for a jewelry label, further solidifying her growing presence in the public eye. Despite her fame and her family’s legacy in the film industry, Sitara is not rushing into acting. At just 13, she has emphasized that her priority remain
The political scene in Telangana has recently witnessed an intense and aggressive exchange between BRS working president KTR and Telangana Congress leader, Revanth Reddy. Known for their vocal reprimands, the leaders of Andhra Pradesh and Telangana often engage in heated verbal battles, and KTR's recent address at a BRS roadshow was no exception. During his speech, KTR made several provocative remarks targeting Revanth Reddy, which has quickly become a hot topic of discussion in Telangana pol
The political scene in Telangana has recently witnessed an intense and aggressive exchange between BRS working president KTR and Telangana Congress leader, Revanth Reddy. Known for their vocal reprimands, the leaders of Andhra Pradesh and Telangana often engage in heated verbal battles, and KTR's recent address at a BRS roadshow was no exception. During his speech, KTR made several provocative remarks targeting Revanth Reddy, which has quickly become a hot topic of discussion in Telangana pol
Mohan Babu and his son, actor-politician Manchu Vishnu, are at the centre of a growing controversy in Tirupati after a police case was filed in connection with a student protest at Mohan Babu University. The protest, led by the Students Federation of India (SFI) and SV University leaders, was sparked by concerns over the university’s high fee structure, with students accusing the institution of exploitation. The situation intensified when allegations emerged that several student l
Mohan Babu and his son, actor-politician Manchu Vishnu, are at the centre of a growing controversy in Tirupati after a police case was filed in connection with a student protest at Mohan Babu University. The protest, led by the Students Federation of India (SFI) and SV University leaders, was sparked by concerns over the university’s high fee structure, with students accusing the institution of exploitation. The situation intensified when allegations emerged that several student l