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RBI proposes changes to banks’ forex positions

The Reserve Bank on Wednesday proposed changes to rules governing banks’ foreign exchange positions. The amendments to net open position (NOP) were made following a comprehensive review of the existing instructions, according to an official statement. NOP refers to the difference between banks’ total foreign currency assets and liabilities, revealing their exposure to currency fluctuations…

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IND vs NZ: ‘Very difficult’ – Shubman Gill rues lack of wickets in middle overs after 2nd ODI loss | Cricket News

Shubman Gill (PTI Photo/Ravi Choudhary) NEW DELHI: India captain Shubman Gill admitted that his team failed to seize control in the crucial middle overs during their seven-wicket loss to New Zealand in the second ODI at the Niranjan Shah Stadium in Rajkot on Wednesday. Gill felt that the inability to pick up wickets during that…

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Harvard now hosts more students from China than India: A tale of two countries and two choices

For much of the last two decades, the story of international students in the United States came with a familiar refrain: China set the rhythm, the rest followed. But the refrain has changed. Open Doors 2025—the annual snapshot of international enrolments published by the Institute of International Education—puts hard numbers to that shift. The US…

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Delhi govt launches 81 Ayushman Arogya Mandirs to provide accessible healthcare | India News

NEW DELHI: Delhi chief minister Rekha Gupta on Wednesday dedicated 81 new Ayushman Arogya Mandirs to the people of the national capital on Makar Sankranti, taking the total number of such centres in the city to 319. The new facilities were inaugurated in the Hari Nagar Assembly constituency. The expansion marks progress towards the government’s…

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Budget 2026: CII pushes green hydrogen mandates with incentives to unlock demand; seeks policy clarity

Industry body CII has called on the government to issue clear green hydrogen mandates, supported by incentives, to accelerate demand creation and help India transition towards a cleaner industrial economy, PTI reported.The Confederation of Indian Industry said sectors that currently rely heavily on grey hydrogen — such as refining, fertilisers and natural gas — are…

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‘Roadmap for next 21 years’: AIFF chief Kalyan Chaubey borrows ideas from world’s ‘top leagues’, unveils blueprint for ISL and I-League | Football News

President of the All India Football Federation (AIFF) Kalyan Chaubey (PTI Photo/Karma Bhutia) NEW DELHI: The All India Football Federation (AIFF) has “taken references” from the world’s top leagues in Spain, Germany, and England, while drawing its roadmap for the next 21 years, including establishing an all-powerful governing council and a management committee.As part of…

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Shaksgam Valley: India bristles over China’s fresh claim – dispute explained | India News

NEW DELHI: China’s fresh assertion that the Shaksgam Valley “belongs to China” has reopened a largely forgotten but strategically explosive fault line in the long-running Kashmir dispute. Beijing’s defence of infrastructure construction in the region — tied closely to the China-Pakistan Economic Corridor (CPEC) — has drawn a sharp response from New Delhi, which has…

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