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November 8, 2024

Terror alert in NE over Bangladesh outfits’ plan to target region

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Central intelligence agencies have issued high alerts to northeastern states, particularly Assam and Tripura, regarding clandestine activities of Jamaat-ul-Mujahideen Bangladesh (JMB). Increased surveillance and recent arrests of suspected operatives highlight concerns about the group’s territorial expansion efforts. Authorities emphasize the need for coordinated efforts to combat infiltration and maintain border security. Read More
November 8, 2024

UPI, RBI rules …: Why Banks are shutting down ATMs

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Indian banks are phasing out ATMs and cash recyclers despite record cash circulation. The shift is attributed to the rising popularity of digital payments and a focus on digital transformation. While cash remains significant in the Indian economy, ATM penetration is low. Read More
November 8, 2024

Sensex dives 836 points as Trump euphoria settles

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The Sensex plummeted 836 points as the post-US election euphoria faded, dragged down by foreign investors offloading Indian equities. Disappointing quarterly results from Indian companies also dampened market sentiment. Global markets were mixed, while Bitcoin reached a record high above $76,000. Read More
November 8, 2024

After Yogi’s ‘batenge…’ slogan in Maha, ally Ajit slams divisive ‘outsiders’

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NCP leader Ajit Pawar criticized Uttar Pradesh Chief Minister Yogi Adityanath’s divisive rhetoric during his Maharashtra campaign. Pawar emphasized Maharashtra’s tradition of communal harmony and pledged support for his party’s candidate, Nawab Malik, who faces money laundering allegations. He also questioned the financial viability of the MVA’s campaign promises. Read More
November 8, 2024

Re hits record low of 84.38 as dollar surges after Trump win

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The Indian rupee fell to a new low against the US dollar, closing at 84.37, driven by foreign investors selling equities and a strengthening dollar following Donald Trump’s presidential victory. Despite outperforming some Asian currencies, the rupee faced pressure from strong dollar demand. Analysts predict further depreciation before potential recovery, contingent on global factors... Read More