The Press Information Bureau (PIB) Fact Check has refuted claims circulating on social media about a government notification that reportedly declares Saturdays as holidays for public sector banks. The misinformation originated from a fabricated document that sparked confusion among the
A pilot test section of new road construction technology has recently been established along the main carriageway of National Highway 44 (NH-44) in Jhansi, India. Officials overseeing the pilot project reported that this innovative approach has the potential to reduce
The Indian government is set to introduce new stock limits for sugar dealers, effective from October 15 to November 30, 2023. Under the revised regulations, dealers will be allowed to maintain an inventory cap of 1,000 quintals, with a holding
The global economy is currently facing significant challenges, with rising debt levels becoming a focal point of concern for many nations. As governments and individuals alike grapple with financial obligations, the question arises: is the world truly drowning in debt?
In the initial trading session today, the Indian rupee opened at 95.87 against the US dollar before experiencing a dip to 95.97. This depreciation can be primarily linked to heightened demand for US dollars, particularly from oil marketing companies as
The Indian economy demonstrates a robust resilience, supported by strong domestic demand and active sectoral engagement. Recent high-frequency indicators indicate a notable economic improvement, particularly influenced by heightened demand in rural areas. Despite this positive trend, the ongoing crisis in
Gold Prices Experience Decline Amid Rising Treasury Yields Gold prices have faced significant challenges recently, with a notable decline of nearly 12% from their peaks in August. As of today, the price of gold has reached a seven-week low, trading
Anthropic, a notable player in the artificial intelligence sector, is targeting a valuation exceeding $2 trillion as part of its ambitious growth strategy. In a move to support its expansion, the company has committed to substantial infrastructure investments amounting to
Net collections from small savings schemes are anticipated to exceed the budgeted target of ₹3.59 lakh crore for the financial year 2026-27, according to government officials. During the first four months of the fiscal year, inflows have shown a remarkable
Bank of America Securities has revised its forecast regarding future interest rate adjustments by the Reserve Bank of India (RBI), projecting substantial rate hikes by mid-2027. The financial institution has moved its expectation for the initial rate increase to October
