February 12, 2025 7:31 PM

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Akashvani organises Rag Radio Rang Radio programme On eve of World Radio Day

On the eve of World Radio Day today, Akashvani organised the Rag Radio Rang Radio programme at Pandit Ravi Shankar Studio in New Delhi. During the programme, a panel discussion was held, featuring renowned classical singer Sita Vasantha Lakshmi, actor Yogendra Tikku, radio jockey Ritu Roy, scriptwri...

February 12, 2025 7:16 PM

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RBI Lifts Business Restrictions on Kotak Mahindra Bank

The Reserve Bank of India (RBI) has lifted the business restrictions imposed on Kotak Mahindra Bank Limited after the bank addressed supervisory concerns and implemented necessary remedial measures.   On April 24, 2024, the RBI directed the bank to cease onboarding new customers through its online a...

February 12, 2025 6:43 PM

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US Market Ends Mixed as Fed Signals No Rush for Rate Cuts

US stocks ended mixed yesterday, as investors digested mixed corporate earnings reports. The Dow Jones Industrial Average increased by 0.28 percent, and the S&P 500 ended flat, while the Nasdaq Composite slipped over 0.3 percent.   Meanwhile, the US Federal Reserve Chair Jerome Powell, in his op...

February 12, 2025 6:41 PM

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Asian Markets Rally, European Indices Trade Mixed

Major Asian indices logged gains today. Hong Kong's Hang Seng surged over two and a half percent, China's Shanghai Composite index gained over 0.8 percent, Japan's Nikkei rose over 0.4 percent, and South Korea's Kospi as well as Singapore's Straits Times index both added over 0.3 percent each.   Amo...

February 12, 2025 6:34 PM

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Oil Prices Dip as US Crude Stocks Rise

Oil prices fell today, ending their gaining streak, after industry body data indicated a rise in US crude inventories. The traders also weighed the hawkish remarks from Fed Chair Jerome Powell that signalled slower rate cuts this year. Brent crude was trading over 0.8 percent down at 76 dollars and ...

February 12, 2025 6:35 PM

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West Bengal Budget 2025: ₹18 Lakh Crore GSDP, ₹1,500 Cr for Roads, New ‘Nadi Bandhan’ Scheme Announced

West Bengal Finance Minister Chandrima Bhattacharya today presented the budget in the State Assembly. According to the budget statement, West Bengal's Gross State Domestic Product (GSDP) crossed 18 lakh crore rupees. The budget has a revenue deficit of 35314 crore rupees.   1500 crore rupees have be...

February 12, 2025 7:16 PM

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India’s CPI Inflation Drops to 4.31% in January, Lowest in 5 Months

India's retail inflation eased to a five-month low of 4.31 percent in January from 5.22 percent in December, as the rate of increase in food prices slowed. According to data released by the Ministry of Statistics and Programme Implementation (MoSPI), inflation in rural areas stood at 4.64 percent co...