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Star India is set to produce a new web series spotlighting the <keyword id="19899810" type="General" weightage="100" keywordseo="Reserve-Bank-of-India" source="keywords">Reserve Bank of India</keyword> (<keyword id="19899808" type="General" weightage="20" keywordseo="rbi" source="keywords">RBI</keyword>) and its critical role in shaping India’s economy over the past 90 years. The RBI, established in 1935, celebrated its 90th anniversary this April, and the upcoming series will aim to deepen public understanding of the central bank’s operations and achievements. Several prominent media companies — Star India Private Limited, Viacom 18, Zee Entertainment Network Limited, and Discovery Communications India — competed for the project. Following a request for proposal (RFP) by the RBI in July, Star India secured the contract, valued at Rs 6.5 crore, after progressing through final evaluations alongside Viacom 18. The RBI's vision for the series, as outlined in the RFP, includes five episodes of about 25-30 minutes each. This format will allow for an engaging, in-depth look into the RBI’s journey, from its establishment in pre-independence India to its modern-day functions. The episodes will delve into the RBI's mission and vision, major achievements, and ongoing developments, aiming to make the central bank’s functions more relatable and accessible to the general public. With expert interviews, high-quality visuals, and storytelling, the series is designed to demystify complex financial topics for a broad audience. By presenting the RBI's key initiatives, collaborations, and challenges in an engaging way, Star India hopes to foster greater transparency and trust in the central bank. The series will be available on both national television and OTT platforms, expanding its reach and impact. The RBI views this web series as a valuable tool to promote financial literacy. By making the central bank's work understandable and interesting, the series could serve as a bridge between the RBI and the public, contributing to a more financially aware society. (With inputs from agencies)

Curious to know what the Reserve Bank does? Star India will soon produce a web series narrating the RBI's 90-year journey

<ul><li><keyword id="19914172" type="General" weightage="20" keywordseo="Sony" source="keywords" meta.keywordsubtype="org" meta.entityname="Sony" meta.hostid="261" meta.entityid="Sony">Sony</keyword> has unveiled a new look for the <keyword id="20157738" type="General" weightage="20" keywordseo="PlayStation-5" source="keywords">PlayStation 5</keyword></li><li>The new look is a nostalgic ride</li><li>Gamers are quite excited about the new look</li></ul> Back in the good old days when the world was simpler for 90s kids, Sony's first ever <keyword id="20027785" type="General" weightage="100" keywordseo="playstation" source="keywords">PlayStation</keyword> came to India. The grey-themed console was a hit worldwide and all PlayStation loyalists have some fond memories attached to it. Now, on the occasion of the first ever console completing 30 years of release, Sony has given a <keyword id="21911711" type="General" weightage="20" keywordseo="retro-look" source="keywords">retro look</keyword> to the recently-launched consoles as well. The PlayStation 5, the PlayStation 5 Pro and the dual-sense controllers are among the devices that are getting a makeover. Sony’s making only a handful of such consoles and is advising people to pre-order so that they don’t miss out. <h2>PlayStation 5 retro look unveiled</h2> Sony has taken PlayStation fans on a nostalgic trip back in time with the unveiling of a special retro design for the PlayStation 5. The company revealed its limited-edition PlayStation <keyword id="23243853" type="General" weightage="20" keywordseo="30th-Anniversary-Collection" source="keywords">30th Anniversary Collection</keyword> in a blog post, giving the PS5 a striking makeover inspired by the iconic design of the 1994 classic. The limited-edition PS5 consoles feature the grey colour scheme that was synonymous with the first PlayStation, aiming to blend the past with the present. These retro-styled consoles will be available in two main bundles: the <keyword id="20673043" type="General" weightage="20" keywordseo="PS5-Pro" source="keywords">PS5 Pro</keyword> Console 30th Anniversary Limited Edition and the PS5 Digital Edition 30th Anniversary Limited Edition, both coming with a range of matching accessories. The PS5 Pro bundle, for instance, includes a 2TB SSD, Wi-Fi 7 support (in supported regions), and a collection of accessories such as the DualSense wireless controller and a vertical stand. Fans will also get collector’s items like a poster, a PlayStation sticker, and even a quirky PlayStation-themed paperclip, making it a perfect homage to the original console. Meanwhile, the PS5 Digital Edition will come with a 1TB SSD and similar accessories, minus the disc drive. Standalone items in the anniversary collection, including the DualSense Edge Wireless Controller and PlayStation Portal Remote Player, will also be available in the new retro theme. <h2>Gamers are excited </h2>Ever since the new look was announced, gamers across the globe have been expressing their excitement about it. "Wow, they nailed the PlayStation 30th anniversary collection, right down to the box art," a user wrote while another one mentioned, "PlayStation bringing back memories! Definitely picking one up. Anyone else?" With only 12,300 units available, each console will have a unique number etched onto it, symbolising the December 3, 1994, release date of the first PlayStation. The PlayStation 30th Anniversary Collection will be available for pre-order from September 26, exclusively on PlayStation’s official site in select regions, with wider retailer pre-orders starting October 10. The price details of the consoles are not out yet.

Sony unveils PS5 and PS5 Pro's retro look on PlayStation’s 30th anniversary and gamers can’t keep calm

<keyword id="19944464" type="General" weightage="100" keywordseo="matthew-perry" source="keywords">Matthew Perry</keyword>, who gained the spotlight for playing Chandler Bing in '<keyword id="343" type="General" weightage="20" keywordseo="friends" source="Orion">Friends</keyword>', received an emotional tribute during the 2023 <keyword id="199972" type="General" weightage="20" keywordseo="emmys" source="Orion">Emmys</keyword> In Memoriam segment. The segment also included late stars such as Len Goodman, Andre Braugher, Lance Reddick, Paul Reubens, Barbra Walters, Kirstie Alley, among others. Pop singer Charlie Puth and singer-songwriter duo The War and Treaty performed during the segment, first starting with a rendition of Puth's 'See You Again' before delivering a stripped-down cover of the 'Friends' theme song "I'll Be There for You" by The <keyword id="20205733" type="General" weightage="20" keywordseo="rembrandts" source="keywords">Rembrandts</keyword>, reports variety.com. Perry died unexpectedly in October 2023 at 54 years old. He was found unresponsive in a hot tub at his Los Angeles home, according to law enforcement. There were no signs of foul play or drugs on the scene. The Los Angeles County Medical Examiner's Office later revealed that he died from "the acute effects of ketamine". Perry was best known for playing the hilarious, sarcastic Chandler Bing on 'Friends' in the '90s and early 2000s. He starred in more than 200 episodes of the NBC sitcom across 10 seasons. "We are all so utterly devastated by the loss of Matthew. We were more than just cast mates. We are a family. There is so much to say, but right now we're going to take a moment to grieve and process this unfathomable loss," Perry's 'Friends' cast members Jennifer Aniston, Courteney Cox, Lisa Kudrow, Matt LeBlanc and David Schwimmer wrote in a statement following the news of his death. "In time we will say more, as and when we are able. For now, our thoughts and our love are with Matty's family, his friends, and everyone who loved him around the world." The award event can be streamed on Lionsgate Play in India.

75th Emmys: Matthew Perry honoured with cover of 'Friends' theme song

Bengaluru: Last week, <keyword id="19902762" type="General" weightage="100" keywordseo="Google" source="keywords" meta.keywordsubtype="org" meta.entityname="Google" meta.hostid="265" meta.entityid="Google">Google</keyword> unveiled a series of new AI-powered partnerships aimed at advancing healthcare, <keyword id="19895783" type="General" weightage="20" keywordseo="sustainability" source="keywords">sustainability</keyword>, and agriculture in India The tech giant is collaborating with both local and international organisations to implement AI-driven solutions in <keyword id="21690244" type="General" weightage="20" keywordseo="diabetic-retinopathy" source="keywords">diabetic retinopathy</keyword> screening, urban waste management, and agricultural development. According to Google, these announcements were made during a roundtable in Bengaluru, marking the fifth anniversary of Google's Research Lab in the city. This follows the 10th edition of the Google for India event, which showcased the potential of AI to benefit individuals, businesses, and society at large. Dr Manish Gupta, Research Director of Google DeepMind, stated, "Collaborating with key Indian organisations, our focused research in India across language understanding, healthcare, agriculture, and sustainability is helping tackle many of the country's unique challenges and creating AI-led solutions that will improve billions of lives." Google is working with <keyword id="23588208" type="General" weightage="20" keywordseo="Forus-Health" source="keywords" meta.keywordsubtype="org" meta.entityname="Forus Health" meta.hostid="265" meta.entityid="Forus Health">Forus Health</keyword> and AuroLab in India and Perceptra in Thailand to provide 6 million AI-assisted screenings for diabetic retinopathy over the next decade. These screenings aim to detect and prevent blindness in diabetic patients, particularly in resource-limited communities. The AI model has already supported over 600,000 screenings worldwide, with initial research and deployment carried out in India. Sunny Virmani, Group Product Manager, Health AI Research at Google, remarked, "From our initial research to the first patient screening in Madurai, India, we've been committed to translating AI's potential into meaningful change for people globally. And now the partnerships with Forus Health, AuroLab, and Perceptra are helping us expand on this commitment, as a global network of innovators comes together to eradicate preventable blindness due to diabetic retinopathy." Google's CircularNet, an AI-driven computer vision model for waste management, is being deployed in partnership with Bengaluru-based Saahas Zero Waste. CircularNet helps identify and sort plastic waste, facilitating recycling and reducing the strain on landfills. Powered by Google's TensorFlow, the model has shown approximately 85% accuracy in detecting plastic waste during a pilot programme, potentially boosting revenue for material recovery facilities by 10-12%. To support data-driven decision-making in agriculture, Google is also opening its Agricultural Landscape Understanding (ALU) Research API to developers. The API leverages satellite imagery and machine learning to provide farm-level insights, such as field boundaries, water bodies, and vegetation. The technology aims to optimise resource allocation and guide sustainable farming practices in India. (ANI)

Google announces AI-led collaborations for India's health, sustainability, and agriculture sectors

After a seven-year break, the <keyword id="23464279" type="General" weightage="100" keywordseo="Hong-Kong-Sixes" source="keywords">Hong Kong Sixes</keyword> are finally back, and cricket fans couldn’t be more thrilled! This fast-paced, high-energy tournament is set to take place from November 1 to November 3 at the Tin Kwong Road Cricket Ground in Hong Kong. Known for its short, thrilling six-a-side format, the Hong Kong Sixes is a unique event in the cricket calendar, bringing together international talent and enthusiastic spectators in a vibrant carnival-like atmosphere. With 12 teams competing, including <keyword id="23729824" type="General" weightage="20" keywordseo="cricketing-heavyweights" source="keywords">cricketing heavyweights</keyword> like India, Pakistan, Australia, and South Africa, the excitement is set to reach new heights. The Hong Kong Sixes has had a history of ups and downs. Originally launched in 1992, it became popular for its compact and thrilling format. However, financial challenges and organizational hurdles led to irregular schedules and ultimately a seven-year hiatus after the 2017 edition. But with renewed sponsorships and a strong commitment from the <keyword id="23729823" type="General" weightage="20" keywordseo="Hong-Kong-Cricket-Association" source="keywords" meta.keywordsubtype="org" meta.entityname="Hong Kong Cricket Association" meta.hostid="261" meta.entityid="Hong Kong Cricket Association">Hong Kong Cricket Association</keyword>, the tournament is making a comeback, promising a cricketing spectacle packed with action, music, and food. <h2>What makes this tournament special?</h2>The Sixes format is designed to thrill from start to finish. Each game lasts just five overs per side, with only six players on each team, meaning the action is intense, and every ball counts. Matches are often high-scoring and fast, keeping fans on the edge of their seats. And, this year, the experience is elevated with live performances, music, and a variety of food stalls – a perfect mix for cricket lovers and casual spectators alike. The 12 teams have been divided into four pools of three. Each team will compete in a round-robin format within its pool, with the top two teams from each pool advancing to the quarterfinals. The bottom teams will have their own battle in the Bowl Competition, while quarterfinal losers will compete in the Plate semifinals, ensuring that there’s never a dull moment for spectators. <ul><li>Pool A: Hong Kong, South Africa, New Zealand </li><li>Pool B: Australia, England, Nepal </li><li>Pool C: India, Pakistan, UAE </li><li>Pool D: Sri Lanka, Bangladesh, Oman </li></ul>A thrilling lineup is expected, with the much-anticipated India-Pakistan showdown happening right on the first day! Other exciting clashes include Australia facing off against England and South Africa taking on New Zealand. One of the special events this year is a Women’s Exhibition Match on the tournament’s final day, commemorating the 75th anniversary of the founding of the People’s Republic of China. This addition shows the tournament’s dedication to promoting inclusivity and gender representation in cricket. <h2>Teams and Captains</h2>This time around, India’s lineup will consist of Robin Uthappa, Kedar Jadhav, Manoj Tiwary, Stuart Binny, Shreevats Goswami, Bharat Chipli and Shahbaz Nadeem. Each team features a mix of talented and experienced players, including former internationals and domestic stars. Here’s a look at some of the captains: <ul><li>India: Robin Uthappa </li><li>Pakistan: Faheem Ashraf </li><li>Australia: Dan Christian </li><li>England: Ravi Bopara </li><li>Hong Kong: Nizakat Khan </li></ul>With a vibrant atmosphere, thrilling matches, and some of the best cricketing talent on display, the Hong Kong Sixes 2024 is set to be an unmissable event in the cricket calendar. Whether you’re cheering for India, Pakistan, or the underdogs, make sure to catch all the action starting November 1.

Hong Kong Sixes 2024 returns after 7 years with 12 teams! Here's all you need to know about this unique cricket tournament

January 26, 2023 marks the 74th anniversary of India adopting the status of a sovereign, democratic and republican state. So, it is only fitting we look back on stories of people who helped the country gain freedom. Enter Barefoot Boys, a podcast hosted by <keyword id="6413189" type="General" weightage="20" keywordseo="konkona-sen-sharma" source="Orion">Konkona Sen Sharma</keyword> on <a href="https://spiral5-dot-yamm-track.appspot.com/2NogNr3rB9wIIQyDF9cpiFhdw157mWNZcyPX6Bk_fNT1gxX1ohAF7XIYXpq1xZ7n02u9UGjdFtCdenB1dKN5p0yNqFk4W67HdDzePpi1tpsOqiXhFgF10FtVWtpbq0QpltljfMxR4UdIyBsrK8Vo3-Lby-nBwyLTN7rXA55xVO0Iy0xbO">Luminary</a>, a subscription podcast network with an award-winning lineup of original shows. Luminary’s Barefoot Boys is an attempt to bring out stories from India, and this story, in particular, deserves to be lauded. An unconventional battlefield Barefoot Boys is a lesser-known story from the early 1900s when the love for football was brewing in British Calcutta. It is the story of eleven boys from Bengal who joined the Indian independence movement by fighting their enemy on the most unconventional battlefield—the football ground. In this podcast series, Konkana Sen Sharma, the celebrated Indian actress, writer, and director with a wide repertoire of Hindi and Bengali films, traces the journey of how these boys pulled-off this unimaginable feat. Defeating the Coloniser India, then still under British rule, was far from receiving independence. Plus, football was a new sport for Indians. In contrast, the British team was well funded, better trained, experienced and significantly, had football shoes. But this didn’t deter the eleven boys from playing against their colonisers, and displaying a level of courage and spirit a few could. While Calcutta was reeling under the news that their ‘capital’ status would be lost to Delhi in 1911, there was news that made waves, locally in Calcutta, across the subcontinent, and reaching the farthest reaches of the Empire: The Barefoot Boys from Calcutta, had defeated the British team in soccer. Brazil of the East Soon, the country earned the moniker ‘Brazil of the East’. Indian football had started to come of age. Beating the British at their own game, the eleven barefoot boys came to be fondly known as Amor Ekadosh, or “Immortal Eleven” for having made their country win at one of the oldest football tournaments in the world, all without boots on their feet! However, football was not considered an Indian sport; with most Indians having grown up playing Gulli-danda and other regional games. How, then, did Indians who had learnt to play football only thirty years before, go on to defeat the very country which was ruling over them? A Luminary Original To commemorate the 74th Republic Day and shed light on this lesser known chapter from India's freedom struggle, Luminary will be opening up the podcast for free streaming through the Republic Day weekend (26th January, 2023 - 29th January, 2023). Listeners who want to live the tale through Konkana’s beautiful storytelling will get access to all the ten episodes released until that week. Konkana, who has received two National Film Awards and four Filmfare Awards, and has built a unique brand for herself, does a stellar job bringing forth this exceptional story. Listen to Sen talk about the majestic Amor Ekadosh, India’s fight for independence, and the interplay of politics and sport, only on Luminary. Disclaimer: Luminary has partnered with Times Bridge to scale and expand its reach in India. Business Insider is a part of Times Bridge, a company of Times Internet Limited.

Luminary’s Barefoot Boys’ Free Stream during the Republic Day weekend: Hosted by Konkana Sen Sharma

On September 18, 2024, the US <keyword id="19900043" type="General" weightage="20" keywordseo="fed" source="keywords">Fed</keyword> delivered a jumbo-sized surprise to the global economy. Not only did they trim their interest rates by a massive 50 basis points to bring their yields down to 5%, but also hinted at further rate cuts in the upcoming months. This move from the fed and several other central banks globally had pushed expectations high for a similar rate slash closer home, from the <keyword id="19899808" type="General" weightage="20" keywordseo="rbi" source="keywords">RBI</keyword> this month. But governor <keyword id="19913110" type="General" weightage="20" keywordseo="shaktikanta-das" source="keywords">Shaktikanta Das</keyword>, in a “picture abhi baaki hai” moment, decided to hold the repo rates here steady, leaving them unchanged at 6.5% for the record 10th straight time. Although, he did tinker with the policy stand, changing it from “rate cuts are absolutely off the table” to a more accommodating “we’re okay with bringing down the rates, if needed”. This, rather neutral, stance from India’s financial custodian sparked hopes for a rate cut in December this year. However, the stubborn inflation levels in September have again dented such hopes. As consumers, you may be wondering what all the hullabaloo this is about, since it hardly makes a difference to your regular financial routine. Well, the majority of both economic growth and inflation is closely connected to this policy stance from the central bank and it does have a rather indirect effect on both our earnings and spending. But more directly, it would have clear implications for those looking to own a house. Even the slightest modification of interest rates, or the lack of it, influences the <keyword id="19916018" type="General" weightage="20" keywordseo="emi" source="keywords">EMI</keyword> you pay significantly. So, all aspiring homebuyers, is this the right time to take out a loan and buy a house? Can you expect a rate cut anytime soon, and what will that mean for your home-owning dreams? We lay it out. <h2>What’s the connection?</h2>You see, buying a house is no small feat, at least financially. The task becomes even more herculean if you are scouting for your own roof in cities like Delhi, Noida, Bangalore or Mumbai where, as Circuit from Munnabhai says, “room shuru hote hi khatam ho jata hai”. Naturally, you’ll have to take a <keyword id="6354730" type="General" weightage="100" keywordseo="home-loan" source="Orion">home loan</keyword> from the bank. Don’t be mistaken, the bank won't give you a loan that covers 100% of the value of the property you want to own. Rather, your loan amount will be equivalent to a certain percentage of the property’s total value. RBI’s guidelines on this are pretty clear: <ul><li>If your loan amount is up to Rs 30 lakh, you can get a loan worth 90% of the property’s value.</li></ul><ul><li>If the loan amount is between Rs 30 lakh and Rs 75 lakh, you are eligible for a loan worth 80% of the property’s value.</li><li>If you are taking a loan of more than Rs 75 lakh, your loan amount will be equivalent to 70% of the property’s value.</li></ul>Now assuming that you have the money, it's all about paying back the principal amount, but not without a little (read hefty) interest added on top. See, when you’re taking a home loan, you are actually signing up for a long-term, even multi-decadal financial commitment, which will unfailingly present itself to your bank accounts and finances every single month, in the form of EMIs, or equated monthly instalments). When you take a home loan, you can choose to pay the interest in two ways (talk about choices!). One is that you decide to keep a fixed rate of interest throughout the tenure of your home loan. So, if you opt for a 25-year fixed-rate home loan at the rate of 8.8% p.a., you’ll have to pay interest at this rate for the next 25 years, till your entire loan is paid off. Yes, you can go backsies and switch to a floating-rate home loan by paying a fee. Floating, as the name suggests, means that your interest rate is not set in stone. But starting October 2019, when it comes to a floating interest rate home loan, your payable interest and EMIs are directly impacted by any changes in <keyword id="20094323" type="General" weightage="20" keywordseo="repo-rate" source="keywords">repo rate</keyword>, which were left unchanged by RBI this time around. Why are these two so chummy, you might ask. Well, home loan interest rates are a sum of two things: <ol><li>Repo Rate (the rate at which RBI lends money to banks)</li><li>Operational cost + margins</li></ol>Any plus or minus in this equation would send your home loan interests tanking, or skyrocketing. Vivek Iyer, Partner, Grant Thornton Bharat explains that any change in the repo rates impacts the cost of funds and thereby the home loan interest rates. “When the interest rates are expected to reduce, the corresponding impact will be in the form of a reduced EMI. Home loan borrowers should always try to borrow at a floating rate when interest rates are expected to reduce and at a fixed rate when the interest rates are expected to increase. This minimizes the outflow in the form of EMIs that the home loan borrowers will experience”, he continues. So, no change in repo rates means no change in your home loan interest payout and no financial relief whatsoever. A rate cut, which most experts are anticipating will start this December, would mean your EMI payments come down, and your wallet might save a little more. But there’s also a chance of an UNO reverse happening. In case RBI is in the mood to hike the interest, your home loan EMIs might end up taking more from your pockets. Consider this. You took a floating interest rate home loan worth Rs 50 lakh in January 2022 at 8% p.a., for a period of 20 years. This brings your total monthly EMI to Rs Rs 41,822. But, as luck would (or won't) have it, RBI raised the interest rate by 250 basis points between May 2022 and February 2023, bringing it to its current status of 6.5%. Some back-of-the-envelope calculations suggest that now, your home loan interest payout will also rise by a hefty 2.5%, taking the total to 10.5%. In other words, you’ll have to dish out Rs 49,919 per month as EMI. Now, won't you heave a sigh of relief if the RBI were to bring down the interest rate by say, even 50 basis points, or 0.5%? Agreed, your EMI will come down just marginally, to Rs 48,251. But look at this over a 20-year period, and you’ll see how big the difference is. <h2>Are rates set to change anytime soon?</h2>Generally, RBI hikes the repo rates if it sees inflation spiralling out of control. Then, in a bid to reduce consumer spending, it raises interest rates to make borrowing expensive. But when the apex bank sees sluggish consumption in the economy, inflation in control and wants to boost spending, it slashes down on interest rates, making it more lucrative for people to borrow. As of now, most experts are not anticipating any changes in the interest rates anytime soon. This means home loans are not getting cheaper anytime soon. The CPI data, which came out yesterday, saw inflation rise to 5.49% in September, compared to 3.65% last month. Food and beverage prices jumped to a four-month high of 8.36% in September, as opposed to a 5.3% rise in August. So a rate cut seems a no-go at the moment! Apurva Sheth, Head of Market Perspectives and Research, SAMCO Securities explains that the RBI had probably expected a hardening of inflation and that's why it chose to hold on to the rates in the monetary policy announcement last week. “Now, it seems that RBI will take a cautious stance going ahead and will not be in a hurry into rate cuts like its global peers”, he added. In all this, one thing is clear, in the grand movie of the Indian economy, the RBI has chosen stability over drama. And just like in every good Bollywood film, we're left wondering what twist the sequel will bring. Until then, it might be “The End" for rate cuts, but the show must go on for the Indian economy!

You Searched For "India 75th anniversary" and got 7 results

Curious to know what the Reserve Bank does? Star India will soon produce a web series narrating the RBI's 90-year journey

BI India Bureau

Sony unveils PS5 and PS5 Pro's retro look on PlayStation’s 30th anniversary and gamers can’t keep calm

Divyanshi Sharma

75th Emmys: Matthew Perry honoured with cover of 'Friends' theme song

IANS

Google announces AI-led collaborations for India's health, sustainability, and agriculture sectors

ANI

Hong Kong Sixes 2024 returns after 7 years with 12 teams! Here's all you need to know about this unique cricket tournament

BI India Bureau

Luminary’s Barefoot Boys’ Free Stream during the Republic Day weekend: Hosted by Konkana Sen Sharma

BI India Partner

Boom or bust — how RBI’s decision to leave rates unchanged affects homebuyers

Ira Alok Puranik

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