Modi Forms Task Force Under Nilekani to Overhaul India's Public Exam System

As monsoon revives, ‘intense’ rain likely to hit over 10 states

India drives over half of Bitchat's global downloads amid government ban

Bitchat, a messaging app that works without internet connectivity, has surged in popularity in India during the week ending July 24. India alone accounted for more than half of the app's worldwide downloads in that period. The app also rose sharply in app store rankings during this time. This growth comes despite a government order to take the app down. Civil liberties groups have condemned the takedown order, calling it unconstitutional.

FPI inflows hit 2024 high of Rs 42,000 crore in July, reversing four-month outflow trend

Foreign portfolio investors turned net buyers of Indian equities in July 2024, ending a four-month streak of significant outflows. Total foreign inflows reached Rs 42,000 crore, marking the highest monthly figure of the year and surpassing the previous peak recorded in February. The reversal signals renewed investor confidence in Indian markets after a period of sustained selling pressure in the equity segment. Meanwhile, Indian debt markets demonstrated consistent resilience, continuing to attract notable foreign inflows throughout the year.

Govt Never Blocked Student Protests Over NEET Paper Leak, Says Nirmala Sitharaman

Finance Minister Nirmala Sitharaman stated that the government did not obstruct students from protesting over the NEET paper leak controversy. Authorities arrested those responsible for the leak and ensured they faced judicial proceedings. A re-examination was conducted swiftly to prevent students from losing an academic year. Education Minister Dharmendra Pradhan subsequently resigned following the completion of the re-examination process. Sitharaman also noted that India faces inflation risks this year stemming from both external and domestic factors.