What would be the best way to see if the current time lies between say 10:30 AM and 4:30 PM.

I could think of the following, not sure how correct:

from datetime import datetime
nw = datetime.now()
hrs = nw.hour;mins = nw.minute;secs = nw.second;
zero = timedelta(seconds = secs+mins*60+hrs*3600)
st = nw - zero # this take me to 0 hours. 
time1 = st + timedelta(seconds=10*3600+30*60) # this gives 10:30 AM
time2 = st + timedelta(seconds=16*3600+30*60)  # this gives 4:30 PM
if nw>= time1 or nw <= time2:
    print "yes, within the interval"

Please let me know if this the correct approach, can something better be written?

My original answer focused very specifically on the question as posed and didn’t accommodate time ranges that span midnight. As this is still the accepted answer 6 years later, I’ve incorporated @rouble’s answer below that expanded on mine to support midnight.

from datetime import datetime, time

def is_time_between(begin_time, end_time, check_time=None):
    # If check time is not given, default to current UTC time
    check_time = check_time or datetime.utcnow().time()
    if begin_time < end_time:
        return check_time >= begin_time and check_time <= end_time
    else: # crosses midnight
        return check_time >= begin_time or check_time <= end_time

# Original test case from OP
is_time_between(time(10,30), time(16,30))

# Test case when range crosses midnight
is_time_between(time(22,0), time(4,00))

I still stick to my original comment below that most applications of this logic would probably be better suited with datetime objects where crossing midnight is reflected as a date change anyway.

The above accepted solution does not work with overnight times, this does:

import datetime as dt  
def isNowInTimePeriod(startTime, endTime, nowTime): 
    if startTime < endTime: 
        return nowTime >= startTime and nowTime <= endTime 
    else: 
        #Over midnight: 
        return nowTime >= startTime or nowTime <= endTime 

#normal example: 
isNowInTimePeriod(dt.time(13,45), dt.time(21,30), dt.datetime.now().time())

#over midnight example: 
isNowInTimePeriod(dt.time(20,30), dt.time(1,30), dt.datetime.now().time())

here’s little example for @rouble’s answer:

from datetime import datetime

def isNowInTimePeriod(startTime, endTime, nowTime):
    if startTime < endTime:
        return nowTime >= startTime and nowTime <= endTime
    else: #Over midnight
        return nowTime >= startTime or nowTime <= endTime


timeStart="3:00PM"
timeEnd = '11:00AM'
timeNow = '2:59AM'
timeEnd = datetime.strptime(timeEnd, "%I:%M%p")
timeStart = datetime.strptime(timeStart, "%I:%M%p")
timeNow = datetime.strptime(timeNow, "%I:%M%p")

print(isNowInTimePeriod(timeStart, timeEnd, timeNow))

My 2 cent, it works for me and it is easy

while True:
    now = datetime.now()
    current_time = now.strftime("%H:%M:%S")
    start="19:19:00"
    end = '19:19:20'
    if current_time > start and current_time < end:
        print('in')
        print(current_time)
        tempo.sleep(1)
    else:
        print('out')
        print(current_time)

I had a similar requirement where I wanted a certain task to run on every weekday between 9 AM and 3:30 PM.

def somefunction():
    cdate = datetime.datetime.strftime(datetime.datetime.now(), "%d-%m-%Y")
    if (0 <= time.localtime().tm_wday <= 4) and (datetime.datetime.strptime(cdate + " 09:00:00", "%d-%m-%Y %H:%M:%S") <= datetime.datetime.now() <= datetime.datetime.strptime(cdate + " 15:30:00", "%d-%m-%Y %H:%M:%S")):
         << do something >>

explanation:

cdate variable gets current date in string format.

The condition checks if the current week day is >= 0 (Monday) and <= 4(Friday). It also checks if the current time in datetime format is >= 9:00 AM on today’s date and if current time is <= 15:30 on today’s date.

Take a look in py-time-between package: https://pypi.org/project/py-time-between/

Test cases:

from datetime import time
from timebetween import is_time_between


def test_is_time_between():
    t, s, e = time(0), time(0), time(0)
    assert is_time_between(t, s, e)

    t, s, e = time(0, 0, 0, 1), time(0), time(0, 0, 0, 2)
    assert is_time_between(t, s, e)

    t, s, e = time(0, 0, 0, 1), time(0, 0, 0, 1), time(0, 0, 0, 2)
    assert is_time_between(t, s, e)

    t, s, e = time(0, 0, 0, 2), time(0, 0, 0, 1), time(0, 0, 0, 2)
    assert is_time_between(t, s, e)

    t, s, e = time(0, 0, 1), time(23, 59, 59), time(0, 0, 2)
    assert is_time_between(t, s, e)

    t, s, e = time(12, 0, 0), time(23, 59, 59), time(0, 0, 0)
    assert is_time_between(t, s, e)

    t, s, e = time(23, 59, 57), time(23, 59, 59), time(23, 59, 57)
    assert is_time_between(t, s, e)

    t, s, e = time(23, 59, 58), time(23, 59, 59), time(23, 59, 57)
    assert not is_time_between(t, s, e)

    t, s, e = time(22), time(22), time(5, 59, 59)
    assert is_time_between(t, s, e)

Can be simplified further:

def isNowInTimePeriod(startTime, endTime, nowTime):
    if startTime < endTime:
        return startTime <= nowTime <= endTime
    else: #Over midnight
        return nowTime >= startTime or nowTime <= endTime

A solution that may be closer to OP’s request than the selected answer.
It uses datetime rather than time as the object to check against.
It also uses a duration rather than a time to specify the end of the interval.

from datetime import datetime, time, timedelta

def is_date_within(begin_time, span_time, check_date=None):
    """                                                                                        
    Return True if given check_date is within the interval begining                            
    at begin_time with a duration of span_time.                                                
                                                                                               
    Args:                                                                                      
       - begin_time: datetime.time object                                                      
       - span_time: datetime.timedelta object                                                  
       - check_date: datetime.datetime object.                                                 
           If None, default to current UTC date                                                
    """
    check_date = check_date or datetime.utcnow()
    if check_date.time() >= begin_time:
        begin_date = check_date.combine(check_date.date(), begin_time)
    else:
        begin_date = check_date.combine(check_date.date() - timedelta(days=1),
                                        begin_time)
    return begin_date <= check_date <= begin_date + span_time

test_date = datetime(2020, 6, 22, 11, 31)
assert(is_date_within(time(10,30), timedelta(hours=4), test_date) == True)
assert(is_date_within(time(10,30), timedelta(hours=1), test_date) == False)

# Span midnight                                                                                
assert(is_date_within(time(23,30), timedelta(hours=13), test_date) == True)
assert(is_date_within(time(23,30), timedelta(hours=1), test_date) == False)