RBI has cut the repo rate by 25 bps to 5.25%. That’s great news for borrowers but it can be bad news for fixed deposit investors. Here’s what may happen to FD rates, what senior citizens can do

The RBI’s six-member MPC cut the repo rate by 25 bps to 5.25% and kept the policy stance neutral.

The Trump administration has tightened checks on H-1B visa applicants once again. This time, even your LinkedIn activity and content moderation history could determine your eligibility. Here’s what’s

The Income Tax Department has launched a fresh compliance drive targeting undisclosed foreign assets and income. Around 25,000 individuals will receive SMS and email alerts asking

Stranded flyers face brunt of IndiGo turmoil: Following flight cancellations, airfares of Air India, Akasa, Spicejet rise exponentially, dealing a double blow

indigo airlines, indigo

Business Standard

Withdrawal of rules comes a day after IndiGo told the DGCA that the disruptions were caused due to 'misjudgment and planning gaps' in the implementation of the rules

India suspends new pilot duty-time rules to stabilise IndiGo after massive cancellations, as government launches inquiry and expects normal operations within 3 days

Following cancellation of several IndiGo flights, stranded passengers search for their luggage at the Bengaluru airport on Friday 	photo: pti

Leaders of several opposition parties met in Parliament on Wednesday to discuss their joint strategy for the Winter Session.
Floor leaders of various parties, including the Congress, DMK, RJD, SP, JMM, CPI-M, CPI, IUML, NCP-SP, and SS-UBT, attended the meeting, while Trinamool Congress (TMC) skipped it.
The TMC was also absent from the last meeting of Opposition leaders, held on December 1  the first day of the winter session.
Leaders of Opposition in Lok Sabha, Rahul Gandhi, and in Rajya Sabha, Mallikarjun Kharge, were present at the meeting, which was held in Kharge's chamber.
During the meeting, the leaders also stressed that their unity and continued pressure on the government have forced it to agree to their demand for a discussion on Electoral reforms, including SIR.
They also called for the smooth functioning of Parliament, saying it is the government's responsibility to ensure it.
The Opposition has been protesting in Parliament over their demand for a discussion on ...

Parliament, New Parliament

Press Trust of India

The brokerage believes the recent correction in Shoppers' Stop stock price offers a margin of safety, while the "Shoppers Stop 2.0" is beginning to show tangible results

Shoppers Stop share price

Congress parliamentary party chairperson Sonia Gandhi on Wednesday claimed that since coming to power, the Modi government has displayed a particularly "venal streak of cynicism" in relation to environmental protection, while alleging that it has now "nearly signed a death warrant" for Aravalli hills.
She demanded that the government must withdraw the amendments it "bulldozed" through Parliament in the Forest (Conservation) Act, 1980 as well as the Forest Conservation Rules (2022).
Gandhi said the government's declaration that any hills in the Aravalli range with an elevation of less than 100 metres are not subject to the strictures against mining is an open invitation for illegal miners and mafias to finish off 90% of the range which falls below the height limit set.
"The Aravalli range, which runs from Gujarat through Rajasthan and till Haryana, has long played a significant role in Indian geography and history. It has served as a barrier to the spread of desertification from the 

Sonia Gandhi, Sonia

The Trump administration is bringing back dozens of Education Department staffers who were slated to be laid off, saying their help is needed to tackle a mounting backlog of discrimination complaints from students and families.
The staffers had been on administrative leave while the department faced lawsuits challenging layoffs in the agency's Office for Civil Rights, which investigates possible discrimination in the nation's schools and colleges. But in a Friday letter, department officials ordered the workers back to duty starting Dec. 15 to help clear civil rights cases.
A department spokesperson confirmed the move, saying the government still hoped to lay off the staffers to shrink the size of the department.
"The Department will continue to appeal the persistent and unceasing litigation disputes concerning the Reductions in Force, but in the meantime, it will utilize all employees currently being compensated by American taxpayers," Julie Hartman said in a statement.
In the let

demonstration, US education deprtment

A federal judge on Friday sharply questioned the Trump administration's authority and need to maintain command of California National Guard troops it first deployed to Los Angeles in June following violent protests.
At a hearing in San Francisco, US District Judge Charles Breyer suggested conditions in Los Angeles had changed since the initial deployment, and he questioned whether the administration could control state Guard troops forever under its interpretation of federal law.
"No crisis lasts forever," he said. "I think experience teaches us that crises come and crises go. That's the way it works."
He pressed an attorney for the government for any evidence that state authorities were either unable or unwilling to help keep federal personnel and property in the area safe and noted President Donald Trump had access to tens of thousands of active duty troops in California.
California officials have asked Breyer to issue a preliminary injunction returning control of remaining ...

Members of the National Guard near the scene of a shooting in Washington, DC

Frank Gehry, who designed some of most imaginative buildings ever constructed and achieved a level of worldwide acclaim seldom afforded any architect, has died. He was 96.
Gehry died Friday in his home in Santa Monica after a brief respiratory illness, said Meaghan Lloyd, chief of staff at Gehry Partners LLP.
Gehry's fascination with modern pop art led to the creation of some of the most striking buildings ever constructed. Among his many masterpieces are the Guggenheim Museum in Bilbao, Spain; The Walt Disney Concert Hall in Los Angeles and Berlin's DZ Bank Building.
He also designed an expansion of Facebook's Northern California headquarters at the insistence of the company's CEO, Mark Zuckerberg.
Gehry was awarded every major prize architecture has to offer, including the field's top honour, the Pritzker Prize, for what has been described as refreshingly original and totally American work.
Other honours include the Royal Institute of British Architects gold medal, the Americans

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Trump admin recalls education dept workers to tackle civil rights backlog

US judge questions Trump's authority over California National Guard troops

Frank Gehry, the most celebrated architect of his time, passes away at 96

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IndiGo crisis sends fares spiralling, Delhi routes cross ₹1 lakh threshold

DGCA relaxes weekly rest rule for pilots as IndiGo crisis deepens

Govt grounds new pilot rest rules for 2 months as IndiGo crisis deepens

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