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President Murmu confers 7 Kirti Chakras; IAF pilot, Gaganyatri Prasanth Nair among recipients

New Delhi: President Droupadi Murmu on Monday conferred seven Kirti Chakras, including two posthumously, to personnel of the armed forces displaying raw courage, unparalleled bravery, and total disregard for personal safety in the line of duty. Air Commodore Prasanth Balakrishnan Nair, an IAF pilot and a Gaganyatri, is also among the recipients of the Kirti…

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Gold is for distrust, Treasuries are for crisis

Why Central Banks Still Need Both Gold and Treasuries M Radha Madhavi The global reserve landscape is undergoing a subtle but significant transformation, according to a recent analysis by the research team at Invictus Finserv LLP. The study points to the latest reserve data released by the European Central Bank (ECB), which shows gold accounting…

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Weak monsoon may impact rural demand, private consumption: RBI governor

Mumbai:  The Reserve Bank of India (RBI) Governor Sanjay Malhotra on Friday said a projected deficiency in the south-west monsoon could impact rural demand and private consumption, though mitigation measures are expected to cushion the effect. During the post-monetary policy conference, Malhotra said rural demand and private consumption have remained healthy so far but acknowledged…

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