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RBI won battle against inflation, war continues, Governor Sanjay Malhotra says

MUMBAI, July 25, 2025 – The RBI (Reserve Bank of India) has won the battle against inflation but the war continues as price stability remains the primary objective, Governor Sanjay Malhotra said in a fireside chat at an event organised by newspaper Financial Express on Friday. “Our primary objective [is] to maintain price stability and we have mentioned that it is not inconsistent with the other objectives we have of growth because that is a pre-requisite,” the governor said, adding that the upcoming rate decision will be guided by the revised forecast numbers. The comments come ahead of the central

Tea-loving Nepal is warming up to coffee

KATHMANDU, Nepal, July 25, 2025 (AP) — Coffee hasn’t always been an easy sell in Nepal. The Himalayan country is a major tea producer, as well as a major consumer. When people greet each other in the morning, they don’t ask “how are you.” They say “have you had your tea?” Tea — usually served with as a sweet, milky beverage in a piping hot glass tumbler — is as much a part of Nepal’s culture as rice, a constant presence at homes, meetings and social gatherings. But a growing number of Nepalis are warming up to coffee, as trendy

A 100,000-year-old burial site in Israel is changing what we know about early humans

SHOHAM, Israel, July 25, 2025 (AP) — Archaeologists believe they have found one of the oldest burial sites in the world at a cave in Israel, where the well-preserved remains of early humans dating back some 100,000 years were carefully arranged in pits. The findings at Tinshemet Cave in central Israel, published in an academic journal earlier this year, build on previous discoveries in northern Israel and add to a growing understanding of the origins of human burial. Of particular interest to archaeologists are objects found beside the remains that may have been used during ceremonies to honor the dead

Rupee falls 19 paise to 86.59 against US dollar in early trade

Mumbai, Jul 25 (PTI) The rupee depreciated 19 paise to 86.59 against the US dollar in early trade on Friday, a negative trend in domestic equities and foreign fund outflows dented investors’ sentiments. Forex traders said the local unit is trading in a range-bound manner as investors weighed the latest global trade developments. At the interbank foreign exchange, the domestic unit opened at 86.59 against the greenback, registering a decline of 19 paise from its previous closing level. On Thursday, the rupee pared initial gains to settle just 1 paisa higher at 86.40 against the US dollar. Meanwhile, the dollar

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