The Reserve Bank of India (RBI) Governor, Sanjay Malhotra, expressed optimism about the Indian economy’s prospects, projecting improvement in 2025 despite global uncertainties. In his foreword to the Financial Stability Report released on Monday, Malhotra highlighted strong consumer and business confidence as driving forces for economic recovery.

The Ministry of Defence (MoD) has signed two significant contracts worth ₹2,867 crore to bolster the Indian Navy’s underwater warfare capabilities. The agreements focus on retrofitting Kalvari-class submarines with Air Independent Propulsion (AIP) systems to increase their endurance and integrating electronic heavy-weight torpedoes (EHWT) to enhance their firepower.

Charles Dolan, the visionary billionaire founder of HBO and Cablevision, passed away at the age of 98, his family confirmed on Saturday, December 28. Dolan, who revolutionized the media and entertainment industry, died of natural causes, according to a statement reported by Newsday. His death marks the end of an era for the media mogul, whose innovations continue to shape modern television.