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RBI says flexible inflation targeting framework served India well amid global challenges

The Reserve Bank of India (RBI) has said that the flexible inflation targeting (FIT) framework has performed well since its introduction, meeting the needs of the country even during challenging times. In a recent report, the RBI highlighted that the FIT framework, introduced to maintain price stability in India, has broadly delivered on its objectives. […]

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Former Sri Lankan President arrested on allegations of state funds misuse

Former Sri Lankan President Ranil Wickremesinghe was arrested by the Criminal Investigation Department (CID) on Friday in connection with allegations of misuse of state funds, local television channel Ada Derana reported. Wickremesinghe, 76, was taken into custody after arriving at the CID office in the capital Colombo, to record a statement in an investigation into […]

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PM Modi unveils ₹12,000 crore projects in Bihar, vows anti-graft law, action on infiltrators

Prime Minister Narendra Modi on Friday inaugurated and laid the foundation stone of development projects worth nearly Rs 12,000 crore in Gaya, while asserting that the NDA government is committed to the rapid development of Bihar and the dignity of its people. Addressing a public meeting, the Prime Minister said the projects spanned energy, road, […]

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E-commerce leads refund grievances with 3,594 cases and Rs 1.34 crore refunds, says NCH

The e-commerce sector recorded the highest number of refund-related grievances, with 3,594 cases in July 2025, resulting in refunds worth Rs 1.34 crore, the Ministry of Consumer Affairs, Food & Public Distribution said on Friday. Overall, the National Consumer Helpline (NCH) successfully facilitated refunds totaling Rs 2.72 crore last month, addressing 7,256 consumer grievances across […]

International News

Moscow calls on London not to hinder efforts to settle Ukrainian conflict: Russian Foreign Ministry

Russia has called on the UK authorities to refrain from actions that undermine Russia and the United States’ efforts to settle the Ukrainian conflict, Russian Foreign Ministry spokesperson Maria Zakharova said. “Against the backdrop of the genuine desire demonstrated by the Russian and US leadership in Anchorage for a comprehensive, fair, and sustainable settlement of […]

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UN Security Council debates future of Lebanon Peacekeeping Force amid US and Israel opposition’

The United Nations Security Council convened on Monday to discuss a French-drafted resolution proposing a one-year extension of the UN Interim Force in Lebanon (UNIFIL) mandate, set to expire on August 31, 2025, with the ultimate goal of withdrawing the peacekeeping force. The proposal has sparked significant debate, with Israel and the United States reportedly […]

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Syria faces food crisis as worst drought in 36 years devastates harvests

Syria is confronting a severe food crisis triggered by the worst drought in nearly four decades, threatening the livelihoods and food security of millions in the war-battered country. The prolonged dry spell has severely impacted agriculture, compounding the impact of years of conflict and economic turmoil. According to experts, water levels in rivers and reservoirs […]