23:12
Indian-American Abhijit Banerjee, who jointly won the 2019 Nobel Economics Prize with his wife Esther Duflo and Harvard's Michael Kremer, said on Monday that the Indian economy is 'doing very badly' even as the government is increasingly recognising that there is a problem. The economy is doing...
22:32
Nobel winner Abhijit Banerjee went back to sleep after getting the news from Stockholm early Monday morning that he and his wife Esther Duflo and Harvard's Michael Kremer have been awarded the coveted prize 'for their experimental approach to alleviating global poverty'.Yes. It was very early in...
21:53
Indian-American MIT professor Abhijit Banerjee, who jointly won the 2019 Nobel Economics Prize with his wife Esther Duflo and Harvard professor Michael Kremer, on Monday said he is delighted that work focussed on the world's poorest people has been awarded the prestigious prize and it honours all...
21:21
Retail inflation climbed to a 14-month high of 3.99 per cent in September due to costlier vegetables and pulses but still remained within the Reserve Bank of India's comfort zone, government data showed on Monday.The Consumer Price Index-based inflation stood at 3.28 per cent in August and 3.70...
20:42
Nobel laureate Amartya Sen on Monday said he was 'very very happy and delighted' over Abhijit Vinayak Banerjee jointly winning the Nobel in Economics.Sen had won the same award in 1998 for his contribution to welfare economics.Speaking to PTI from Boston, Sen said Im very very happy and delighted...
20:23
Nobel Prize winner Indian-American Abhijit Banerjee was the inspiration behind the Delhi government's education reform scheme Chunauti to put a check on dropout rate of the students, Delhi Chief Minister Arvind Kejriwal said on Monday. Abhijit Banerjee's pathbreaking work has also benefitted...
20:02
Launching a broadside against the Congress, Prime Minister Narendra Modi on Monday asked the opposition party to explain its love for Article 370 to the families of security personnel martyred in Jammu and Kashmir. Addressing his first of four election rallies in Haryana this week, he said the...
19:47
And finally, a congratulatory tweet from PM Modi for Dr Abhijit Banerjee. Prime Minister Narendra Modi on Monday congratulated Indian-American Abhijit Banerjee on winning the Nobel Prize for Economics, saying he has made notable contributions in the field of poverty alleviation. Banerjee...
19:42
BJP president Amit Shah said on Monday that he will make way for a new leader to head the saffron party when its organisational elections are over by the end of this year. Shah, who is also the Union home minister, said a new party president is expected to take charge by December. Speaking...
19:39
For the third time since its punitive actions, the Reserve Bank on Monday increased withdrawal limits at the crippled cooperative PMC Bank to Rs 40,000 from the present Rs 25,000 per account holder. The move follows the weekend assurance by finance minister Nirmala Sitharaman to urge the Reserve...
19:36
The government is unlikely to seek help from economists like Dr Manmohan Singh or Raghuram Rajan or Abhijit Banerjee to revive India's flailing economy. In fact, Meghalaya governor Tathagata Roy's mindset is an inkling of how the Centre probably thinks. In the wake of Dr Banerjee's Nobel prize,...
19:11
It was a proud day for Jawaharlal Nehru University as its alumnus Abhijit Banerjee won the Nobel Economics Prize on Monday, with his former professors saying they always knew his immense contributions to the field would be recognised. Indian-American Banerjee, his wife Esther Duflo and Michael...
19:04
A new book by Abhijit Banerjee and Esther Duflo, the Nobel Prize winners in Economic Sciences for 2019, will explore topics pertaining to global economy, publisher Juggernaut Books announced Monday. The book, titled Good Economics for Hard Times - Better Answers to our Biggest Problems, will...
18:58
Nirmala Banerjee, the mother of Nobel Prize winner Abhijit Banerjee Monday said it was a proud moment for her and she is very happy for his achievements. She said she is also happy as one of the joint winners of the prestigious award is her daughter-in-law Esther Duflo. Indian-American...
18:20
For those naysayers who doubted the Congress party's poverty allieviation scheme -- NYAY -- would work, here's an eyeopener: Economist and MIT professor Abhijit Banerjee who won the Nobel Prize for economics worked closely on it. Rahul Gandhi offers his congratulations saying,...
18:00
The rupee declined by 21 paise to close at a three-week low of 71.23 against the US currency on Monday as investors rushed to safe haven bets on fading hopes of an initial trade deal between the US and China. Weak Chinese trade data also weighed on the domestic currency, analysts said. At the...
17:58
Nirmala Banerjee, mother of Abhijit Banerjee who was awarded the Nobel Prize 2019 for Economics along with his wife Esther Duflo and USA's Michael Kremer 'for their experimental approach to alleviating global poverty' reacts saying: I am very happy. It's a big glory for the entire family.
17:55
Congratulating India-born professor Abhijit Banerjee and his French-American wife Esther Duflo for winning the Nobel prize in Economics, the Massachusetts Institute of Technology (MIT) said that their work has dramatically improved global ability to fight poverty in practice, including in...
17:40
The Delhi High Court Monday said it would hear on Tuesday the bail plea of Karnataka Congress leader D K Shivakumar in a money-laundering case. Justice Suresh Kait, who was scheduled to hear the matter today, was told by the counsel for the Enforcement Directorate that it has filed a status...
17:37
The Supreme Court Monday directed the Uttar Pradesh government to provide security forthwith to the UP Waqf Board Chairperson Zafar Ahmed Farooqui. A 5-judge Constitution bench, headed by Chief Justice Ranjan Gogoi, took note of the communication addressed to it by the mediation committee that...
17:27
Yogendra Yadav tweets: The first Nobel Prize for JNU ! Abhijit Banerjee was my batchmate (1981-83). Did MA (Eco) from CESP/SSS, JNU.
17:17
Reliance Industries chairman Mukesh Ambani, the richest Indian, comes third among philanthropists, in a list that is led by Shiv Nadar of the technology company HCL. Azim Premji, who created headlines by announcing a USD 21 billion commitment to charity, is second in the Edelgive Hurun India...
17:10
Eight months after Indian Air Force bombed the Jaish-e-Mohammed terrorist camp in Pakistan's Balakot, intelligence agencies have received inputs that 45-50 hardcore terrorist including suicide bombers are being trained there.Around 45-50 suicide bombers are training inside the Jaish-e-Mohammed...
17:04
Congress leader Rahul Gandhi on Monday hit out at Prime Minister Narendra Modi, calling him a loudspeaker of big businessmen and accusing him of taking money from the pockets of the poor to give it away to his rich friends. Addressing a poll rally, his first for the October 21 assembly...
16:47
As congratulatory messages pour in for India-born, JNU and Presidency-college bred Nobel economics co-winner Abhijit Banerjee, the congratulatory tweet from the Twitter-happy PM is missing. We wonder if its because Banerjee has been a vocal critic of the government's economic policies, like this...
16:39
The Presidency University said on Monday that it is a proud moment for the institute that Abhijit Banerjee, one of its alumni and mentor group members is a joint winner of the 2019 Nobel Prize for Economics. Presidency University feels happy that two of its alumni members, both stalwarts in...
16:28
Indian-American Abhijit Banerjee, who won the 2019 Nobel Prize for Economics jointly with his wife Esther Duflo and another economist Michael Kremer on Monday, is currently the Ford Foundation International Professor of Economics at the US-based Massachusetts Institute of Technology...
16:23
Finance Minister Nirmala Sitharaman said on Monday that public sector banks have sufficient liquidity and efforts are being made to ensure that due payments are released to micro, small and medium enterprises (MSMEs) sector by large corporates.To ensure liquidity for small businesses, banks have...
16:01
The BJP on Monday hit back at Rahul Gandhi for accusing Prime Minister Narendra Modi of diverting public attention from real issues, saying the former Congress president was a failed leader and needed to be ignored. Nobody is taking Rahul Gandhi seriously. He has disowned the responsibility of...
15:55
Esther Duflo is the second female winner of the Nobel prize in economics, 50 years after it was first awarded. The first was Elinor Ostrom in 2009.Abhijit Banerjee is the second India to win Amartya Sen the Nobel Prize for Economics.
15:46
The Royal Swedish Academy explains why the trio won the Economics Nobel:In the mid-1990s, Economic Sciences Laureate Michael Kremer and his colleagues demonstrated how powerful an experiment-based approach can be, using field experiments to test a range of interventions that could improve school...
15:31
The 2019 Sveriges Riksbank Prize in Economic Sciences in memory of Alfred Nobel has been awarded to Abhijit Banerjee, Esther Duflo and Michael Kremer for their experimental approach to alleviating global poverty. In a statement, the Nobel committee said that the research conducted by the...
15:04
The Jamaat-ul Mujahideen Bangladesh was trying to spread its tentacles across India and a list of 125 suspects have been shared with different states, National Investigation Agency chief Y C Modi said on Monday. Addressing a meeting of chiefs of the anti-terrorism squads, Modi said the JMB...
14:51
Prince William and his wife Kate Middleton, who will arrive in Pakistan on Monday amidst tight security, want to build a lasting friendship with the people of the country, the British envoy to Islamabad has said.In a video message shared on Twitter, British High Commissioner Thomas Drew, said...
14:34
India is a heaven for minorities while Pakistan has proved to be a hell for them, Union minister Mukhtar Abbas Naqvi said on Monday. He also asserted that the government was working on a war-footing to provide quality education and employment oriented skills to the needy including...
14:29
A fire broke out at a commercial building in Andheri, Mumbai. Four fire tenders have rushed to the spot. More details are awaited.
13:51
Finance Minister Nirmala Sitharaman's husband Parakala Prabhakar has advised the Narendra Modi-led Bharatiya Janata Party government to embrace the economic model put forward by former prime ministers PV Narasimha Rao and Manmohan Singh.In a column for The Hindu, Prabhakar has argued...
13:39
Wholesale prices based inflation eased to 0.33 per cent in September, as against 1.08 per cent in August due to fall in prices of non-food articles, government data showed on Monday. The annual rate of inflation, based on monthly wholesale price index, was at 5.22 per cent in September...
12:45
The workers of Hindustan Aeronautics Limited across its nine units in the country, began an indefinite strike on Monday, pressing various demands including wage revision.All India HAL Trade Unions Coordination Committee had on Sunday announced the indefinite strike after talks with the management...
12:43
Pakistan is under a lot of pressure at the Financial Action Task Force meeting, currently under way in Paris, to rein in terror groups operating from its soil, National Security Advisor Ajit Doval said on Monday. Doval, who was addressing a meeting of the chiefs of the Anti Terrorism...
12:39
Haryana chief minister Manohar Lal Khattar on Sunday took a dig at Sonia Gandhi's return as the interim president of the Congress party.Addressing an election rally, Khattar said, After losing the Lok Sabha elections, Rahul Gandhi resigned as the Congress president and started saying that the...
12:18
Superstar Shah Rukh Khan is one happy man as he got an opportunity to meet his heroes, veteran actors Jackie Chan and Jean-Claude Van Damme. The 53-year-old actor, who is in Riyadh, Saudi Arabia, to participate in Saudi Arabia film industry event Joy Forum, shared a picture with Chan...
12:08
After the 71-day lockdown in the Kashmir Valley, postpaid mobile services have been resumed.However, over 20 lakh prepaid mobile phones, and mobile and other internet services will remain deactivated for now.Restrictions were imposed after the Centre on August 5 abrogated the state's special...
11:40
The indefinite strike by unions of Telangana State Road Transport Corporation continued for the tenth day on Monday even as a bandh was being observed in Khammam district following the death of a driver.D Srinivas Reddy, 55, driver of TSRTC Khammam depot, who set himself ablaze on Saturday,...
11:25
Shares of Indian Railway Catering and Tourism Corporation zoomed over 101 per cent in debut trade on Monday against its issue price of Rs 320. It listed at Rs 644, reflecting a huge jump of 101.25 per cent as compared to the issue price on the BSE. On the NSE, it skyrocketed...
11:12
The Kalyan unit of the Shiv Sena will oppose any plan of the Maharashtra government to rename Ulhasnagar township in Thane district as Sindhu Nagar, a local leader said on Sunday.Chief Minister Devendra Fadnavis had reportedly said at a rally in Ulhasnagar a couple of days ago that a metro line...
10:45
All India Majlis-e-Ittehadul Muslimeen chief Asaduddin Owaisi on Sunday took a dig at Rashtriya Swayamsevak Sangh chief Mohan Bhagwat over his remarks that Muslims in the country were happy, saying the Constitution and not magnanimity of majority determined it. Referring to...
10:35
French energy giant Total on Monday announced acquisition of 37.4 per cent stake in Gautam Adani-led Adani Gas. The gas marketing and distribution company, however, did not reveal the value of the deal. The announcement comes a year after the two firms announced a 50:50 joint...
10:29
Kareena Kapoor Khan says whenever actor-couple Ranbir Kapoor and Alia Bhatt tie the knot, she would be the happiest girl in the world. Ranbir and Alia have been dating for more than two years and rumours of their marriage keep surfacing.At the Jio MAMI Movie Mela with Star, 2019, Alia was...
10:27
Uttar Pradesh deputy chief minister Keshav Prasad Maurya has said voting in favour of the Bharatiya Janata Party will mean dropping of a nuclear bomb on Pakistan. He said the upcoming Maharashtra and Haryana assembly elections are crucial as these will be the first polls in the country after the...
10:07
Prime Minister Narendra Modi, who is known for his ability to connect with the masses through social media, has now 30 million followers on Instagram, in just over a month after the tech-savvy leader had crossed the 50 million follower mark on Twitter.With this, Modi is now the most followed...
09:32
Tibetan leader in exile, Dalai Lama on Sunday said he enjoys freedom by living in India.We already enjoy freedom living in India for over sixty years. In one way I'm a refugee but I enjoy India's freedom, he said. Asked about freedom of Tibet, Dalai Lama recalled that the former Prime...
09:28
At least 10 persons died and some others were injured when a cylinder exploded at a house in Walidpur area in Uttar Pradesh's Mau distirct on Monday, a senior government official said. Additional chief secretary-home Awanish Awasthi said, As per District Magistrate of Mau, the death toll in...
08:45
Pakistan Prime Minister Imran Khan on Sunday discussed the situation in Kashmir with Iranian President Hassan Rouhani amidst tensions with India after New Delhi abrogated Jammu and Kashmir's special status. Khan, who visited Tehran on Sunday to help mitigate tensions between bitter regional...
08:26
After 71-day lockdown, the postpaid mobile services to resume in Kashmir from Monday noon.However, over 20 lakh prepaid mobile phones, and mobile and other internet services will remain deactivated for now.Restrictions were imposed after the Centre on August 5 abrogated the state's special status...
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