May 17, 2026

Central

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RBI reshuffle: Shirish Murmu takes charge of key departments; central bank realigns deputy governor portfolios

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The Reserve Bank of India (RBI) on Thursday announced a reshuffle of portfolios among its four deputy governors, redistributing oversight of its 32 departments.Shirish Chandra Murmu, who assumed charge as deputy governor following the retirement of M Rajeshwar Rao, has been assigned key divisions, including the departments of communication, government and bank accounts, regulation, and…

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Gold rush! Despite gold prices at record high, central banks add yellow metal to forex portfolio; but RBI isn’t buying as much as last year

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Data from the World Gold Council revealed that global central banks made net additions of 15 tonnes to their gold reserves in August. (AI image) Gold prices are hitting new lifetime highs every week, but the rally is not deterring central banks around the world from stacking up gold to diversify foreign exchange reserves away…

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Watch: Rowdy celebrates birthday inside Bengaluru central prison; video of him cutting cake goes viral | Bengaluru News

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A viral video shows undertrial prisoner Gubbachhi Seena celebrating his birthday with cake and a large knife inside Bengaluru’s Central Prison BENGALURU: A video of a rowdy-sheeter celebrating his birthday inside Central Prison, Parappana Agrahara, has gone viral after it was shared on WhatsApp and Instagram by his aides, prompting an inquiry by prison officials….

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Diwali cheer for central government staff! 3% DA, DR hike likely to be approved by Cabinet; check details

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The government implements biannual revisions of DA and DR. DA, DR hike cheer! The Cabinet is likely to approve a 3% hike in Dearness Allowance (DA) and Dearness Relief (DR) for working and retired central government employees on Wednesday, sources told TOI. As the festival of Diwali nears, employees and pensioners of the Central Government…

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RBI keeps repo rate at 5.5%: Central bank projects inflation at 2.6% for FY26; revises GDP growth upward to 6.8%

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The Reserve Bank of India (RBI) on Wednesday lowered its FY26 inflation forecast to 2.6% from 3.1%, while revising India’s GDP growth upward to 6.8% on the back of a good monsoon and GST rate rationalisation. The central bank also kept the policy repo rate unchanged at 5.5% for the second straight review.The decision comes…

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Canada rate cut: Central bank trims lending rate to 2.5%; economy struggles under Trump’s tariff war

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Canada’s central bank on Wednesday lowered its key lending rate to 2.5%, giving some relief to borrowers as the country’s economy feels the strain of US President Donald Trump’s trade war.The Bank of Canada had kept its rate steady at 2.75% since March, while assessing the impact of Trump’s shifting tariffs on Canadian businesses that…

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Saudi Arabia’s central bank launches Google Pay and announces Alipay+ acceptance by 2026 | World News

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The announcement came during the Money20/20 Middle East conference and exhibition at the Riyadh International Convention and Exhibition Center in Mulham/ Image: SPA In a significant step toward realizing Saudi Arabia’s Vision 2030 goals, the Saudi Central Bank (SAMA) announced the launch of Google Pay and a new agreement with Ant International to introduce Alipay+…

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‘I will have to do all the talking’: Trump hints at central role in Russia-Ukraine talks; says Zelenskyy, Putin hate each other

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US President Donald Trump said on Monday that a face-to-face meeting between Ukrainian president Volodymyr Zelenskyy and his Russian counterpart, Vladimir Putin, is difficult, citing personal hostility between the two leaders. “The hatred between Zelenskyy and Putin is unfathomable, they hate each other so much they can’t breathe,” Trump told reporters.He added that the “hatred”…

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Duleep Trophy final: Ankit Sharma, Andre Siddarth delay Central Zone’s victory march against South | Cricket News

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Duleep Trophy final (PTI Photo/Shailendra Bhojak) (PTI09_14_2025_000350B) BENGALURU: For the first three days of the Duleep Trophy final here, Central Zone called the shots. Their bowlers were on target, the batters on point, and the grip on the trophy was tightening. At one point, they reduced their opponents, the South Zone, to spectators.But, on Sunday,…

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