The sessions court had discharged Venkitaraman for the offence under Section 304 IPC as there was no medical report indicating he was drunk at the time of the accident.
Following are the highlights of the RBI's first monetary policy statement of 2022-23 unveiled by Governor Shaktikanta Das: Policy repo rate unchanged at 4%; marginal standing facility rate & bank rate too remain unchanged at 4.25%. Monetary stance to be accommodative with focus on withdrawal of accommodation to keep inflation within target. GDP growth projection for FY'23 slashed to 7.2% from 7.8%; growth projections based on assumption of crude oil (Indian basket) price at $100 a barrel during FY'23. Inflation forecast hiked to 5.7% for FY'23 from 4.5%.
In November, the fiscal deficit widened by Rs 2.2 trillion, the highest ever in any month this financial year.
While the outcome will be known once the meeting is over, more than one of the prospective attendees denied the party's ties with the BJP having worsened to an extent to call for a realignment.
The Centre Thursday told the Delhi high court it has set up an appellate mechanism to deal with grievances of the users arising from the decisions of social media platforms.
'If they don't make Ajit Pawar chief minister, what can he do?'
Sibal, a prominent Opposition voice and a former Congress leader, also said that instead of a common minimum programme, the Opposition parties should talk about a 'new vision for India'.
'The Israeli government is saying, "OK, leave northern Gaza, because we're going to fight Hamas there".' 'But Hamas is not stupid. They are going to put militants in southern Gaza too. And then what's Israel going to do?' 'At some point are they going to say, 'Leave southern Gaza too because we want to fight Hamas there? Go across the border to Egypt"'? 'That's what people are worried about. Because they fear that once they cross the border into Egypt there will be no coming back.'
The Governor has to act on the aid and advice of the council of ministers if the chief minister continues to enjoy majority, but can exercise discretionary powers in ordering floor test, dissolution of house or exploring possibilities for government formation if he has doubts over the majority of the ruling dispensation, according to legal experts on Thursday.
The answer came in an impressive 2-0 victory over a strong and organised Serbia team who did not make it easy for Brazil and frustrated them in a goalless first half.
It is a question that his supporters must ask of the prime minister. It may be enjoyable for them to pass through this phase of going after other Indians. But once this has been achieved to satisfaction, then what?, questions Aakar Patel.
The third wave of the COVID-19 pandemic in India may peak by February 3, 2022, claims a modelling study by researchers at Indian Institute of Technology Kanpur.
Regulatory capacity, hyperactivity and excessive prescription are the biggest challenges the financial sector is facing, said Meleveetil Damodaran, former chairperson, Securities and Exchange Board of India (Sebi). Speaking at the Business Standard BFSI Summit on Wednesday, Damodaran highlighted the need for simpler, clear, and continuous regulations in the financial sector. He opined that the industry had felt it challenging to keep pace with the changing regulations.
A Delhi court on Thursday denied bail to Aam Aadmi Party leader Satyendar Jain and two others in a money laundering case.
The Congress leader said he sought to know whether the cooker blast was as big as the terrorist attack in Mumbai, Delhi or Kashmir.
'India's specific concerns about whether Russia will be a reliable defense supplier and diplomatic partner in the event of heightened hostilities with China has undoubtedly accelerated the process of US-India defense and intelligence cooperation intended to support Indian military positions along the Line of Actual Control.'
The Centre is staring at a combined shortfall of up to Rs 1 trillion in excise and Customs revenues in the current financial year (FY23) compared to the Budget estimates (BE), mainly because of duty cuts on edible oil and petroleum products. The government set a target of Rs 3.35 trillion for excise and Rs 2.13 trillion for Customs mop-up for FY23 while presenting the Budget in February. "As excise duty collection is mainly driven by diesel volumes, we might see a clear gap in the level budgeted for FY23, following the reduction in cesses on petrol and diesel in May. We are expecting somewhere between Rs 80,000 crore and Rs 1 trillion dip in excise and customs duty collections," a senior government official told Business Standard.
Her election to the post was a foregone conclusion as the main opposition Congress chose to stay out of contest.
'The finance ministry and the RBI will never admit to the difficulties in the economy because if they do so, it will adversely impact the financial markets, etc.' 'They like to present a rosy picture that everything is fine and under control.'
The Madras high court has declared that the statue of the main deity at a temple in Salem district is that of Buddha and not 'Thalaivetti Muniappan'.
'Our civil society here is vibrant, and courageous, although it is beaten up and beaten down, repeatedly.'
A bench of Justices KM Joseph and BV Nagarathna said from the records tabled before the court it appears that the Karnataka government's decision is based on "absolutely fallacious assumption".
'Unless India ups the ante, Beijing will continue to believe its transgressions are cost free and will feel encouraged to do more of the same.'
Congress leader Rahul Gandhi on Monday told a sessions court in Surat his conviction by a magistrate's court in a 2019 defamation case over his "Modi surname" remark was erroneous, patently perverse, and he was sentenced in a manner so as to attract disqualification as a member of Parliament.
Justice Yashwant Varma noted that the 75-year-old politician's objection with respect to the maintainability of the proceedings were not dealt with by the anti-corruption authority.
Take away Chiranjeevi from Godfather, and there's little left to keep the audience engaged, observes Deepa Gahlot. Godfather Review.
If you notice that they seem nervous or anxious when you ask about their whereabouts, it's time to have a conversation, advises Sybil Shiddell, country manager-India for Gleeden, a discreet extra marital dating Web site.
The symbolism of the sinking of a major naval ship is deeply complex and military history is replete with tales of how the loss of a single high value war ship perhaps impacted the larger war that the nation in question was engaged in, points out Commodore Venugopal Menon (retd).
We will play in India if India plays in Pakistan. But if India doesn't play in Pakistan, why should we play in India? So my solution was, let India vs Pakistan matches be played at neutral venue. That's all. You can't have your cake and eat it too, says PCB chief Najam Sethi.
The RBI on Friday retained inflation forecast for FY23 at 6.7 per cent amid uncertain price trajectory on "geopolitical shocks" and on hope that inflationary pressures would ease with pick-up in kharif sowing and supply chain improvements. In its previous monetary policy review in June, it had projected retail inflation for 2022-23 at 6.7 per cent, higher from 5.7 per cent forecast in April. The six-member Monetary Policy Committee (MPC) unanimously decided to raise the benchmark repo rate by a steep 50 basis points to 5.40 per cent with immediate effect to tame inflation while supporting growth.
In the letter, Somani said the samples of four made-in-India cough syrups linked to the deaths of 66 children in Gambia which were tested in government laboratory here were found to be complying with specifications and not to have been contaminated with DEG or EG according to the test reports.
'I believe the modified scheme is much more beneficial and simpler.'
India's macroeconomic fundamentals are strong to deal with global challenges and the central government is committed to sticking to the fiscal deficit target of 6.4 per cent of the GDP for the current fiscal, official sources said on Monday. The government is taking steps to deal with the spiralling crude oil prices in the international market, the sources said. India meets nearly 85 per cent of its oil demand through imports and a weaker rupee makes imports costlier.
Ajmer-born model and entrepreneur Rushali Yadav talks about her fashion journey.
On July 21, the former Jharkhand governor Murmu registered a historic win over her rival Yashwant Sinha in the Presidential election, becoming the first woman tribal candidate and the second woman in the country to occupy the highest office in the country.
The only real solution to the jobs crisis, whether in India or abroad, is to direct tech innovation towards job enhancing sectors, and disincentivising job-replacing ones, observes R Jagannathan.
'...despite not being ideologically aligned with a vast section of the people of the north east.' 'But the results in Tripura, Nagaland and Meghalaya show that no party, including the BJP, can say that it has really done well.'
Could it have been more reformist? Of course, but this is an election year Budget, observes Akash Prakash.
The finance minister has stayed true to her commitment to fiscal consolidation, even though the pace of the decline in the deficit could have been faster, notes A K Bhattacharya.
