Amid a debate on the basis of a monetary policy stance, one may be curious enough to know how non-food retail inflation has behaved over the years in India. Let the eager souls catch a glimpse of facts. In the past 10 years, non-food inflation came down below 4 per cent on two occasions - pre-Covid period of 2019-20 and now in the first four months of the current financial year (FY25).
Goyal was questioned by the Serious Fraud Investigation Office on Thursday in Mumbai in connection with allegations of some financial irregularities.
Sekhar Roy was summoned by the police in connection with a social media post he made over the alleged rape and murder of a doctor at RG Kar Medical College and Hospital.
To mollify the protesters, Jyotiraditya Scindia drove to the palace gate and asserted that he stood by them and Goyal.
India will not tailor its policies to suit US EV maker Tesla, and its laws and tariff rules will be formulated to attract all-electric vehicle manufacturers from across the world to set up a base in the world's fastest-growing economy, Commerce and Industry Minister Piyush Goyal said. Tesla has been seeking an initial tariff concession that would allow it to offset 70 per cent customs duty for cars priced less than $40,000, and 100 per cent for cars of higher value.
From referencing "josh" of Bollywood flick 'Uri', to chants of "Modi, Modi" from the Bharatiya Janata Party, there were varied reactions in Lok Sabha as Finance Minister Piyush Goyal gave his interim budget speech on Friday.
Bhandari, a three-term Congress legislator who was also a minister in the state in the past, joined the BJP in the presence of its senior leaders, including Union Minister Piyush Goyal and the party's national general secretary Dushyant Kumar Gautam.
Why did the political system in the country react to these two decisions of the Modi government in a diametrically opposite manner? asks A K Bhattacharya.
Although no fresh arrests were reported in the case, the Central Bureau of Investigation continued with its questioning of top officials of the RG Kar Hospital.
'There's significant interest from both existing and new sponsors who recognise the value of associating with Olympic athletes.'
Speaking at a joint rally of Mahayuti partners in Mumbai, Bharatiya Janata Party leader and deputy Chief Minister Devendra Fadnavis supported Shinde's claims, stating that the NDA leaders did not pay enough attention to the lies spread by the Opposition during the campaign.
Sources said they discussed and finalised the government's position for the Wednesday meeting.
Union ministers Ravneet Singh Bittu and George Kurian were elected unopposed to Rajya Sabha Tuesday along with senior Congress leader Abhishek Manu Singhvi and former minister Upendra Kushwaha.
Bharti Global, the international investment arm of Bharti Enterprises, has decided to buy 24.5 per cent equity in BT Group - a move that will make the Indian conglomerate the biggest shareholder in the UK's second-largest telecom company both in terms of market value and subscriber count. The shares are being purchased from billionaire Patrick Drahi's Altice UK through a combination of cash and debt .
Amid a stalemate over the suspension of 12 opposition Rajya Sabha MPs, Leader of the House Piyush Goyal on Friday said how can there be a reconciliation when these members are unwilling to apologise for their unruly behaviour in the previous session.
Wife Anita Goyal and one nominee of Etihad Airways PJSC would also step down from the board.
For debt-laden Jet Airways, bitter foe Tata may turn into timely saviour.
He indicated his conviction will remain firm even if that "uprising" ultimately puts the party he faithfully served for 13 years in the dock.
Union Railway Minister Piyush Goyal on Monday dismissed as wrong the allegations that two nuns belonging to a Kerala-based congregation were "attacked" during a train journey via Uttar Pradesh recently and alleged that Chief Minister Pinarayi Vijayan was "making false statements" on the issue.
The two-time Rajya Sabha MP will be succeeding Union minister Ravi Shankar Prasad, who has been elected to the Lok Sabha.
Most members of the Reserve Bank of India's monetary policy committee (MPC) decided to stick to the course on bringing retail inflation to the target of 4 per cent while voting for maintaining status quo in the April review, except external member Jayanth Varma who voted for a 25 bps cut in the repo rate. "I believe that the extant monetary policy setting is well positioned," RBI governor Shaktikanta Das said in the minutes of the policy review, which came out on Friday. "Monetary policy transmission is continuing and inflation expectations of households are also getting further anchored.
Union Minister Piyush Goyal on Friday sought an apology from the Congress for the controversial statement by party MP that suggested a call for a separate south nation over fiscal injustice, but the opposition party's president said it stands for a united nation and will not tolerate any such call.
Jazz up your summer lunch plate with this tangy potato curry.
On Monday, June 10, 2024, Prime Minister Narendra D Modi held the first meeting of his Cabinet at his residence at 7, Lok Kalyan Marg.
The Department for Promotion of Industry and Internal Trade (DPIIT) has proposed to raise the minimum local content under public procurement order in government contracts. But several local suppliers and multinational companies (MNCs) are saying such a steep target is not attainable. Class-I suppliers, whose goods, services or works offered for procurement has local content equal to or more than 50 per cent may see it hiked to 70 per cent, while it may go up to 50 per cent from 20 per cent for Class-II suppliers.
Naresh Goyal, after being ousted with his wife from the board last week, and with his shareholding halved to 25 per cent, can still make a comeback by partnering a new investor and win back majority control.
The aircraft was called back to the parking bay at the time of taxiing.
From the word go, Bihar growled its needs out when an MP from the state said aloud: "Give something for Bihar also, Madam." Every time the Budget mentioned cities and towns in Andhra Pradesh, "Kursi Bachao" was the call from Congress MPs.
Nikkei 225 index hit the 40,000 mark for the first time ever on Monday, continuing its bull-run that saw the index reclaim its 1989 peak of 34,000 levels in February. as global investors latched on to Japan's biggest companies on improving shareholder returns, the weaker yen and booming corporate profits. Analysts remain bullish on Japan, mostly aided by gains in technology shares. Adoption of artificial intelligence (AI), according to a note by Morgan Stanley, is likely to benefit Japanese companies, which is almost at par with the US-based companies.
'Bilateral trade has suffered seriously because of the growing unrest.' 'There is a standstill on both sides amid the curfew.'
The meet will see Goyal batting for structural reforms at the WTO, where India has repeatedly called for reforms, especially in the dispute resolution mechanism that has effectively been held hostage by the US.
The ministers are believed to have discussed the issues raised by farmers, and how the Union government can constructively respond to dispel concerns expressed by them over the farm laws.
According to the Federation of Resident Doctors Association, during the indefinite strike, all outpatient departments, operation theatres, and ward duties will be shut, but emergency services will continue to operate as usual, ensuring that urgent patient care remains unaffected.
According to an Andhra government statement, Naidu 'reposed confidence' in the PM's leadership.
A panel of Union ministers held a fourth round of talks with farmer leaders in Chandigarh on Sunday over their demands, including a legal guarantee of MSP, as thousands of protesting farmers camped at the Punjab-Haryana border.
Baseless allegations are being made against Pune MLA Sunil Tigre linking him to the Porsche crash that left two software engineers dead, Maharashtra Deputy Chief Minister Ajit Pawar said on Saturday.
India has flagged concerns over non-tariff barriers (NTBs) faced by its exporters with the Russian government, commerce secretary Sunil Barthwal said on Monday. NTBs faced by Indian exporters are mainly in sectors such as marine products and pharmaceuticals.
Uttar Pradesh and Bihar appear to have got the maximum representation in Prime Minister Narendra Modi's new council of ministers, while assembly poll-bound Maharashtra also found a significant presence.
Even in ruin, Jet retained its one essential brand quality: Dignity, says brand guru Sandeep Goyal.
The ASI team, comprising more than a dozen members, reached the complex in the morning.
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