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RBI ED Indranil Bhattacharyya nominated as MPC member 

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RBI ED Indranil Bhattacharyya nominated as MPC member 

RBI Executive Director Indranil Bhattacharyya | Photo Credit: LinkedIn The Central Board of Directors of Reserve Bank of India (RBI), at its meeting held in Lucknow, under the chairmanship of Governor Sanjay Malhotra, approved the nomination of Indranil Bhattacharyya, Executive Director, as an ex officio member of the Monetary Policy Committee (MPC). The Board assessed…

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Indian-origin truck driver faces homicide charges in U.S.

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Indian-origin truck driver faces homicide charges in U.S.

Image used for representation | Photo Credit: Reuters An Indian-origin truck driver is facing charges of vehicular homicide in the U.S. after three people were killed when he allegedly took a wrong turn while driving a truck on a Florida highway, according to a media report. Harjinder Singh, 28, who fled to California after the…

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Stock markets halt 6-day rally; Sensex, Nifty dive nearly 1% as HDFC Bank, Reliance drag

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Stock markets halt 6-day rally; Sensex, Nifty dive nearly 1% as HDFC Bank, Reliance drag

A view of the Bombay Stock Exchange in Mumbai. File | Photo Credit: PTI Equity benchmark indices Sensex and Nifty fell sharply by nearly 1% on Friday (August 22, 2025), snapping their six-day winning streak, amid intense selling in market heavyweights HDFC Bank and Reliance Industries. The 30-share BSE Sensex tumbled 693.86 points or 0.85%…

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Rupee declines 27 paise to close at 87.52 against U.S. dollar

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Rupee declines 27 paise to close at 87.52 against U.S. dollar

Image used for representation purpose only,. | Photo Credit: Reuters The rupee fell 27 paise to close at 87.52 (provisional) against the greenback on Friday (August 22, 2025) as domestic equity markets ended weaker and the U.S. dollar strengthened ahead of the speech of Fed Chairman Jerome Powell. However, inflow of foreign funds and a…

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Scooter category has grown faster than other categories: TVS Motor MD

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Scooter category has grown faster than other categories: TVS Motor MD

Sudarshan Venu, Managing Director, TVS Motor Company. File Sudarshan Venu, Managing Director, TVS Motor Company, said the share of scooters, both the ICE segment and EVs, will continue to grow. “Scooter category has grown faster than other categories in the last few years. We are continuously launching products and keeping our products fresh,” he said,…

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U.N. declares famine in Gaza, first ever in Middle East

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U.N. declares famine in Gaza, first ever in Middle East

The United Nations on Friday (August 22, 2025) officially declared a famine in Gaza, the first in the Middle East, with its experts saying 500,000 people were facing “catastrophic” hunger. U.N. aid chief Tom Fletcher said the famine was entirely preventable, saying food could not get through to the Palestinian territory “because of systematic obstruction…

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