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Following the untimely demise of Ajit Pawar, Maharashtra politics witnessed a historic transition as Sunetra Pawar was sworn in as Deputy Chief Minister, becoming the state’s first woman to hold the post. Elected NCP legislature party leader, Sunetra brings decades of political lineage and public-life exposure. Her elevation marks continuity, stability, and a significant milestone in Maharashtra’s
Following the US capture of Nicolas Maduro, President Donald Trump revealed that Venezuela’s interim authorities will deliver 30-50 million barrels of high-quality sanctioned crude to America. The oil will be sold at market rates, with proceeds managed by the US to aid citizens of both nations. Energy Secretary Chris Wright is tasked with immediate execution via storage ships. The news triggered a
Following massive AI-driven layoffs in tech throughout 2025, the banking sector is emerging as the next major target. Morgan Stanley’s latest analysis predicts over 200,000 job losses across European banks in the coming five years, driven by rapid artificial intelligence adoption and widespread branch closures.
Following the US military’s daring Operation Absolute Resolve on January 3, 2026, which captured Venezuelan President Nicolas Maduro and his wife from Caracas, China has vehemently condemned the action as a violation of sovereignty and international law. With over $105 billion in loans and aid tied to oil supplies since 2006, Beijing faces significant financial uncertainty as political upheaval th
Following the capture of Nicolas Maduro, President Donald Trump announced the US oil embargo on Venezuela remains fully enforced, with American troops deployed solely to safeguard energy assets, not govern the country. Trump stated US officials Marco Rubio, Pete Hegseth, Dan Caine will manage operations during transition. Rubio has engaged Venezuela’s VP for reforms. Trump dismissed opposition lea
Following IndiGo’s massive December 2025 operational crisis cancelling over 5,000 flights and stranding thousands, India’s civil aviation ministry approved two new carriers—Al Hind Air and FlyExpress—with NOCs, while Shankh Air prepares 2026 launch. Minister Naidu emphasized boosting competition and regional connectivity via UDAN scheme supporting smaller operators.
Following RBI’s 25 bps repo rate cut to 5.25% on 5 Dec 2025, major banks swiftly reduced lending rates. HDFC Bank cut MCLR to 8.30-8.55%, PNB dropped RLLR to 8.10%, Bank of Baroda to 7.90%, Indian Bank to 7.95%, Bank of India to 8.10%, and Bank of Maharashtra to 7.10% for home loans with waived processing fees. Floating-rate borrowers will see lower EMIs soon, easing monthly burdens amid falling i
Following the RBI’s repo rate cut to 5.25% on December 5, major banks like HDFC Bank, Punjab National Bank, Bank of Baroda, Indian Bank, Bank of India, and Bank of Maharashtra have lowered their lending rates for home and retail loans. This pass-through reduces EMIs for existing floating-rate borrowers or shortens loan tenures, depending on benchmarks like RLLR, RBLR, or MCLR, with changes effecti
