In an exclusive interview with India Today, Reserve Bank of India (RBI) Governor Sanjay Malhotra describes the Indian economy as being in a 'Goldilocks period' characterized by high growth and low inflation. Reflecting on his first year in office, Malhotra highlights the central bank's decision to cut the policy rate by 125 basis points since February 2025 to 5.25%, citing benign inflation and a neutral policy stance. He projects a robust 7.3% GDP growth for the current fiscal year despite global headwinds like US tariffs and geopolitical tensions. Addressing concerns about the rupee crossing 90 to the dollar, Malhotra asserts the RBI does not target a specific level but focuses on curbing undue volatility. He also notes improvements in the banking sector's asset quality and expresses confidence in sustaining growth momentum through consumption and private investment.
In an exclusive interview with India Today, legal expert Harish Salve discussed the constitutional crisis in West Bengal following Chief Minister Mamata Banerjee's refusal to resign despite losing her seat and the decisive mandate against her party.
An India Today ground report from Tehran details the ongoing conflict, its impact on the city's infrastructure and how Iranians have gathered at Enghelab Square to demonstrate solidarity and unity amid war.
The Congress state unit in Tamil Nadu held an online meeting and decided to extend support to TVK. Congress is seeking a power-sharing agreement and is likely to demand two cabinet portfolios, along with a few board and corporation chairman posts, and other government roles such as trust members and directors.
Watch as India Today's Geeta Mohan brings this exclusive ground report from Iran's fourteenth-century Golestan Palace, which was damaged during the US-Israel airstrikes on Tehran.
