Interest rates to remain high, vigilant on inflation: RBI governor

The Reserve Bank of India (RBI) governor, Shaktikanta Das, announced that interest rates will remain high and the central bank is focused on monitoring inflation dynamics to ensure a sustained decrease in price pressures. Das stated that India’s macroeconomic fundamentals are strong and the country is well-positioned in uncertain times. He also highlighted that...

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Indians bound for Canada likely to face visa delays

Canadian visa processing in India will take a hit with Ottawa temporarily suspending in-person consular services in Bengaluru, Chandigarh and Mumbai. The same will be available only at the Canadian high commission in New Delhi. India had suspended visa processing in Canada about a month ago.

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Indians bound for Canada likely to face visa delays

Canadian visa processing in India will take a hit with Ottawa temporarily suspending in-person consular services in Bengaluru, Chandigarh and Mumbai. The same will be available only at the Canadian high commission in New Delhi. India had suspended visa processing in Canada about a month ago.

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Rate-setters wary of spikes in food prices

The Monetary Policy Committee (MPC) members of the Reserve Bank of India (RBI) expressed concerns about inflation increasing due to price shocks, especially in the food sector. RBI Governor Shaktikanta Das emphasized the need for a disinflationary policy and aligning inflation with the 4% target. The hawkish statements from the MPC members indicate that...

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Fake policeman, armed men stop car, flee with Rs 50 lakh

The Delhi Police’s Crime Branch has cracked a case involving a fake traffic cop and his associates who robbed the chief accountant of a pan masala firm of Rs 50 lakh. The investigation revealed that a government schoolteacher from north Delhi was the mastermind behind the racket. The target firm’s driver, who had accompanied...

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Concerned over departure of Canadian diplomats from India: US State Department

The United States has expressed concern over the departure of Canadian diplomats from India and called on New Delhi to uphold its obligations under the Vienna Convention on Diplomatic Relations. Canada withdrew 41 diplomats from India after the Indian government threatened to strip them of their diplomatic immunity. The US State Department spokesperson urged...

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