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India has never followed any diktat from abroad: Russian President Putin at SPIEF

India has never followed any diktat from abroad: Russian President Putin at SPIEF

Tamil Nadu BJP vice president Karu Nagarajan resigns

KTR demands judicial probe into ‘missing coal stock’ of Singareni

BRS working president writes to Union Coal Minister Kishan Reddy for probe

After Annamalai's exit, TN BJP vice president Karu Nagarajan, 15 others resign from party

Following K. Annamalai's resignation from the BJP and announcement of a new political movement, significant fallout has hit the Tamil Nadu unit. State vice president Karu Nagarajan and 15 other officials, including state secretary Sumathi Venkatesh, have also quit. Annamalai cited differing visions and a desire for a broader platform, while the state BJP president downplayed the impact.

After Annamalai, Tamil Nadu BJP Vice President, Secretary Walk Out Of Party

After Annamalai, BJP state vice president Karu Nagarajan and State Secretary Sumathi Venkatesh also tendered their resignations.

NSDC vice president visits MITS

Malayidamthuruth row: govt. urges claimant to give away portion of disputed land to Dalit residents

Watch: Trump takes swipe at Indian journalist, sparks racism row

During a White House press interaction, President Trump questioned an Indian journalist's nationality before taking her question, later stating he was "kidding." He then described Indian Prime Minister Modi as a "good friend" and expressed confidence in a trade agreement, asserting the US now benefits significantly from its economic ties with India.

'Everyone Abroad Was Discussing Bengal': PM Modi Hails BJP's Huge Mandate In 2026 Assembly Polls

World leaders, including US President Donald Trump, had congratulated PM Modi for BJP's historic victory in West Bengal, where it ousted TMC's 15-year reign.

‘Ready to co-develop Su-57 further with India without restrictions’: Putin hardsells fighter jet

Russia's President Putin has offered India joint development and production of the fifth-generation Su-57 stealth fighter jet. Despite India's withdrawal from a previous joint project, Russia is open to collaboration, aiming to bolster defence ties amidst India's own AMCA project and regional security concerns.

Putin plans to expand Indo-Russian trade deal to $100 bn, energy seen as main driver

As Russia sets its sights on elevating trade relations with India to a remarkable $100 billion, President Putin emphasized the importance of current nuclear energy projects like the Kudankulam plant. He also hinted at forthcoming collaborations in the hydrocarbons sector.

Supreme Court denies bail to YouTuber accused of spying for Pakistan

Jyoti Malhotra, a resident of Hisar in Haryana, is accused of passing sensitive information to Pakistani intelligence officials.

Case against relegating Tamil Thai Vazhthu to third place during T.N. CM Vijay’s swearing-in ceremony withdrawn

Judges say they cannot entertain the petition without there being any challenge to the Union Home Ministry’s circular regarding the playing of the national song and national anthem during events attended by the President/Governors

Fake Passports, Forged Documents, Tihar Stay: Hotel Owner's Past Under Spotlight In Delhi Fire Case

Bajaj admitted that he had knowingly allowed the accused individuals to use his residential address for obtaining Indian identity documents in exchange for money.

Annamalai floats ‘political movement’, to fight next general election in Tamil Nadu

The political movement is inspired by the ideals of former President A.P.J. Abdul Kalam. No animosity against the BJP, says Annamalai who is the former president of BJP’s Tamil Nadu unit

India takes big moves to attract foreign investments in bonds: How will this impact stock market?

As India sees incessant FII selloff so far this year, the government and RBI announced a slew of measures to ease foreign investments in government securities, with analysts suggesting that these may provide some short-term support for Dalal Street.India scrapped the long-term capital gains tax on investments by foreign institutional investors (FIIs) in government securities through an ordinance issued on Friday. The government has now exempted FIIs from tax on any interest income from government securities, as well as capital gains arising from their sale, exchange or transfer, according to an official gazette. Separately, while announcing the outcome of the MPC meeting, RBI Governor Sanjay Malhotra also unveiled a series of measures to boost FPI investments, including expanding the Fully Accessible Route (FAR) to cover new issuances of 15-, 30- and 40-year government bonds.Limits on investments by NRIs and OCIs in equity instruments without Sebi registration are being raised, allowing them to invest larger amounts without regulatory registration. The facility is also proposed to be extended to all Persons Resident Outside India (PROIs), bringing them on par with NRIs and OCIs. This came as the RBI kept the repo rate unchanged at 5.25%What does this mean for Indian stock market?The proposal to increase investment limits for NRIs and OCIs in listed equity instruments without Sebi registration, and to extend the same facility to all individual Persons Resident Outside India (PROIs), is a significant step toward broadening participation in Indian capital markets, which is expected to improve market depth, liquidity and long-term capital inflows, said Arun Poddar, CEO of Choice International.He highlighted that equally important is the removal of capital gains tax on government securities investments for foreign investors. “This move strengthens the attractiveness of India's bond market and could encourage greater foreign participation in government debt. At a time of heightened global volatility, these measures reinforce investor confidence, support capital inflows, and reaffirm India's commitment to building deeper, more globally integrated financial markets, with the policy rate expected to remain low for an extended period,” he said.The government's move to exempt Foreign Institutional Investors (FIIs) from capital gains tax on any interest earned from government securities is “highly positive” for the capital markets, said Sumit Singhania, Head of Research at Bajaj Broking. “This fiscal cushion arrives at a crucial time, offering a strong shield to domestic markets as the RBI chief warned of volatile forex markets driven by shifting global sentiments,” he added.The policy is distinctly positive for bond markets and well-capitalized Banks and NBFCs, which benefit from targeted hedging subsidies and systemic stability, according to Archit Doshi, Senior Vice President at PL (Prabhudas Lilladher) AMC. “Conversely, one should be underweight rate-sensitive sectors, which remain highly vulnerable to margin compression, higher inflation expectations, and the threat of the RBI reaching its tightening tipping point,” he said.Rajeev Radhakrishnan, CFA, CIO of Fixed Income at SBI Mutual Fund, also said that the announcements aimed at enabling more dollar inflows are more significant in the near term, even though the overall policy stance has been broadly in line with expectations. “The concessional swap facility should help stabilise short end market rates and the foreign exchange market in the near term,” he said.For equities and debt markets, the measures to attract FII inflows are supportive of liquidity and inflows, while for the rupee, they signal a clear intent to anchor expectations and reduce volatility amid global oil shocks and sustained foreign selling pressure, said Ajit Mishra, Senior VP of Research at Religare Broking.Sachin Bajaj, Chief Investment Officer at Axis Max Life Insurance, also said that the initiatives are expected to support capital inflows, deepen domestic bond markets, and provide support to the Indian rupee over the short to medium term.RBI’s hawkish tone and the Indian stock marketWhile the measures taken to attract FII inflows in the debt market will likely provide short-term support for Dalal Street, analysts advised caution over the RBI’s hawkish policy stance. While the RBI maintained its policy repo rate as per expectations, the tone was much more cautious than in previous meetings.Sachin Bajaj highlighted that the policy emphasised preserving macroeconomic stability amid the prevailing global macroeconomic environment. “We believe there are significant risks to inflation in the coming months due to the pass-through of higher commodity prices to consumers and elevated food prices resulting from a below-normal monsoon. Going forward, there is a risk of an upward revision in inflation projections, and given the evolving global backdrop, we believe the RBI is likely to maintain a prudent, data-dependent approach. Future policy actions will be contingent on evolving growth-inflation dynamics and global developments,” he added.Also read: Explained: Sebi's Rs 15.15 lakh crore revenue inflation allegations against Rajesh ExportsWhile hawkish rhetoric without an accompanying rate hike provides a temporary respite for equity markets, it does not constitute an unequivocal endorsement of investment, particularly in highly rate-sensitive sectors such as real estate, automotive, and consumer discretionary goods, said Vipul Bhowar, Senior Director, Head of Equities at Waterfield Advisors.“Should inflation necessitate a rate increase later this year, these sectors are likely to experience pressure on both margins and demand. For investors, the current strategy emphasises capital preservation by focusing on high-quality equities with strong pricing power. This cautious approach is designed to navigate the prevailing geopolitical uncertainties until conditions stabilise,” the analyst added.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

'Beauty to be destroyed': Rahul Gandhi reiterates concern over Greater Nicobar Project

Rahul Gandhi recounted his visit to the Nicobar region, where he said he observed pristine forests, coral ecosystems, and spoke to local residents.

Ex-minister Aroop Biswas’s brother held in alleged extortion in Tollygunge film industry

Swarup Biswas, the former president of the Federation of Cine Technicians & Workers of Eastern India (FCTWEI), was arrested based on an FIR lodged by the female make-up artist who accused him of blacklisting her for two years and asked for money and sexual favour to get work

'In best of families...': Netanyahu responds to Trump's 'crazy' remark

Israeli Prime Minister Netanyahu acknowledged 'tactical disagreements' with US President Trump over regional conflicts but emphasized their shared goals, particularly countering Iran's nuclear ambitions and Hezbollah. Despite recent heated exchanges, Netanyahu hailed Trump as Israel's 'greatest friend,' citing his strong support for the nation. Both leaders aim for regional stability.

Rupee rises 50 paise to 95.24 against US dollar post RBI policy decision

The rupee appreciated 50 paise to 95.24 against the US dollar on Friday after the RBI liberalised norms for FPI investment in government securities. Forex traders said the announcements in the RBI policy boosted investor sentiments after the apex bank asserted that the country's forex reserves provide sufficient buffer against external shocks. At the interbank foreign exchange market, the rupee opened at 95.72, then touched 95.24 in intraday trade, registering a rise of 50 paise from its previous close. On Thursday, the rupee rose 2 paise to settle at 95.74 against the US dollar. The Reserve Bank on Friday expectedly kept interest rates unchanged for the second time in a row as it weighed the impact of rising energy prices and supply disruptions caused by the West Asia crisis. Announcing the second bi-monthly monetary policy for the current fiscal, RBI Governor Sanjay Malhotra said the Monetary Policy Committee (MPC) has unanimously decided to retain short-term lending rate or repo rate at 5.25 per cent with a neutral stance. Moreover, the RBI raised limit for investments by Non-Resident Indians, Overseas Citizens of India in equity instruments. Malhotra also said that the central bank's policy on exchange rate remains unchanged and it does not target any specific rate/band for the rupee. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading at 99.40, higher by 0.01 per cent. Brent crude, the global oil benchmark, was trading up 0.36 per cent at USD 95.37 per barrel in futures trade. On the domestic equity market front, Sensex fell 142.06 points or 0.19 per cent to 74,217.95, while the Nifty was down 38.75 points or 0.17 per cent at 23,377.80. Foreign institutional investors offloaded equities worth Rs 4,447.06 crore on a net basis on Thursday, according to exchange data. Meanwhile, RBI has lowered GDP growth projection to 6.6 per cent from 6.9 per cent earlier for the current fiscal and raised CPI inflation projection to 5.1 per cent for FY27, higher from earlier estimate of 4.6 per cent. PTI