Ahead of the assembly elections, the saffron allies may be ecstatic over the swelling, but it's a double-edged sword with many older leaders wondering what they have got after putting in years of hard work, reports Radhika Ramaseshan
Reserve Bank Governor Shaktikanta Das on Thursday said the central bank's asset purchases, aimed at mitigating COVID-19-related liquidity stress in the system, did not dilute its balance sheet or compromise on core principles of central banking. In the wake of the pandemic, the RBI undertook several conventional and unconventional measures. "Unlike many central banks, the RBI's asset purchases did not dilute its balance sheet and hence, did not compromise on core principles of central banking," Das said while addressing an event organised by the Bombay Chamber of Commerce. These purchases were confined to risk-free sovereign (government) bonds including state government securities only, he said.
This visit has ended on a vastly different note in comparison with Modi's previous visits. Call it a rebuke, call it a censure, call it a distancing from Modi, the sharp message would have gone home, observes Ambassador M K Bhadrakumar.
The Congress used Raj Bhavans to topple legally elected governments. The BJP is letting governors get away with all manner of impropriety, notes Aditi Phadnis.
Stalin's personal intervention in the Adheenam row may have contained the avoidable political damage and social tensions at least for now, observes N Sathiya Moorthy.
The Russian Direct Investment Fund (RDIF) and Dr Reddy's Laboratories have agreed to cooperate on clinical trials and distribution of Sputnik V vaccine in India, RDIF and Dr Reddy's said in a joint statement.
'India should not be taken by surprise if the Biden administration seeks China's cooperation at some point,' alerts Ambassador M K Bhadrakumar.
Modi announced a USD 14-million grant for community development projects in the Caricom and another USD 150 million line of credit for solar, renewable energy and climate- change related projects, a statement released by the Ministry of External Affairs said.
Industry fears waiver of interest on interest would distort credit culture, may encourage borrowers who can pay to defer repayment.
'We try to pick up stocks early and hold onto them for the long term.' 'We are not someone who buys and sells on a daily basis.'
"We have to collectively address all doubts. The vision of flexibility with which this policy was brought... We will have to show in a similar way maximum flexibility in implementing it," Modi said while addressing the 'Governors' Conference on the Role of NEP in Transforming Higher Education'.
British nationals arriving in India, irrespective of their vaccination status, will have to undergo 10 days of mandatory quarantine from October 4 as part of the reciprocal actions initiated by the government following the vaccine certification row between the two countries.
The government allowed sugar companies and distilleries to make hand sanitizers using ethanol. Sugar companies supply ethanol to oil marketing companies for blending with petrol.
The BRICS stressed on resolution of conflicts in a declaration issued after a virtual meeting of foreign ministers of the member nations of the grouping. The meeting was attended by External Affairs Minister S Jaishankar and his Chinese counterpart Wang Yi.
In his address at a ministerial meeting of the SCO in Moscow in the Russian capital, Singh also referred to the Second World War and said its memories teach the globe the 'follies of aggression' of one state upon another that brings 'destruction' to all.
Against the backdrop of the standoff between Indian and Chinese troops in eastern Ladakh, the White House press secy said the United States was closely monitoring the current situation and supports its peaceful resolution.
Heavy rains pounded south and central Kerala on Saturday wreaking havoc in many parts with some people feared missing in the landslides that occurred in hilly areas bordering Kottayam and Idukki districts prompting the state government to seek the assistance of the Army and Air Force for rescue operations.
Instead of "the dragon and the elephant compete with each other", "the dragon and the elephant dance together, Chinese Foreign Minister Wang Yi said.
China will also set up 50 joint laboratories with countries participating in the Belt and Road initiative to enhance cooperation on innovation.
NCP workers had staged protests in Mumbai earlier when the ED named Sharad Pawar in the case.
The average rate of COVID-19 vaccination in the country has been 10.8 million per week. At that rate, it will take India till December 2024 to complete two billion doses.
Johnson was to spend a few days in India starting April 26 as part of a planned itinerary, which is expected to include finalising a UK-India Enhanced Trade Partnership.
India has told China not to "shift goalposts" and "confuse" managing the border affairs and restoring peace at the frontiers with the larger issue of the resolution of the boundary question, which is dealt with by different designated mechanisms.
'Sholay wallah kahani hai: 'Gabbar Singh aayega, Gabbar Singh aayega.' 'But what is inside Gabbar Singh nobody knows.'
The Taliban is showing its strong discontent as the high hopes given to it by the Pakistani military have been dashed, observes Ambassador M K Bhadrakumar.
India has got the second set of Swiss bank account details of its nationals and entities under the automatic exchange of information pact with Switzerland, marking a key milestone in the government's fight against black money allegedly stashed abroad.
China is in no hurry to disengage at the border and the region and international community is moving on. The spectre of a long haul in Ladakh haunts India, points out Ambassador M K Bhadrakumar.
'As long as we have such partners, Russia cannot be isolated.'
Chouhan met some farmer leaders on Saturday, but failed to reach a compromise.
'Banking is a business of trust.'
'General Secretary Xi Jinping has greenlighted a brutal campaign of repression against Chinese Muslims, a human rights violation on a scale we haven't seen since World War II. Now, the PLA has escalated border tensions with India'
India ranks very low at 111th position in terms of economic freedom.
Financial Intelligence Unit data show many of these societies have become the biggest draw for laundering money. Subhomoy Bhattacharjee reports.
"I think, this is something that all Indians should be concerned about because strength of our institutions is really important for our growth, sustainable growth and equity in the economy," said Rajan.
The farmer leaders said they are not willing to participate in any proceedings before a committee appointed by the Supreme Court, but a formal decision on this will be taken by the Morcha.
Why did the Chinese military take over the lab in Wuhan in end January? Did something go wrong? Claude Arpi glances at the mystery surrounding the origin of the coronavirus.
'The crisis has strengthened America's resolve to work towards building its relationship with India as a bulwark against Chinese aggression'
If Pakistan continues with the 'Grey List' or put in 'Dark Grey' list, it would be very difficult for the country to get financial aid from the IMF, the World Bank and the European Union, making its financial condition more precarious.
At present, the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015, covers only resident Indians. The Finance Bill has expanded the definition of assessees to include NRIs.
India's most powerful prime minister in five decades gets publicly admonished -- if gently -- by the US vice-president. The question is, would this make him reflect on how and why, or which ones of his government and party's missteps exposed his flank like this? asks Shekhar Gupta.
