Senior Congress leader Digvijaya Singh on Saturday lauded the organisational power of Rashtriya Swayamsevak Sangh-Bharatiya Janata Party as he shared Narendra Modi's old picture and said how a grassroots worker went on to become the chief minister and prime minister by sitting at the feet of their leaders.
'Previously, contributing only 25 per cent of material costs, states now face burdens of 40 per cent to 100 per cent of total costs, ensuring poorer states will curb project approvals, directly stifling work demand.'
Even if the Reserve Bank of India's Monetary Policy Committee decided to hold interest rates in the October meeting, it acknowledged the scope for further rate cuts while waiting for the impact of the past steps to play out.
Two modules published by the NCERT, Swadeshi: Vocal for Local (for middle stage) and Swadeshi: For a Self-Reliant India (for secondary stage), carry excerpts from the prime minister's Independence Day address in which he stressed that self-reliance would drive India's journey towards a Viksit Bharat.
Uncertainties over the impact of the United States' (US') tariffs on India, along with the ongoing transmission of past rate cuts, prompted the members of the Reserve Bank of India's Monetary Policy Committee (MPC) to maintain the status quo during the August meeting, the minutes showed. While some of the external members highlighted their concern over growth, the internal members cited the one-year headline inflation rate overshooting the 4 per cent target.
'The US reciprocal tariff has added another element of uncertainty and the central bank may prefer to wait and get further clarity.'
'India has the potential to grow at more than 7%, with the monetary policy providing a supportive hand.'
The Reserve Bank of India's (RBI) Monetary Policy Committee's (MPC) decision to cut the repo rate by 50 basis points (bps) to 5.5% was contrary to the expectations of many economists. Firstly, most of the economists expected the MPC to cut the repo rate by 25 bps citing the weakening of inflation, prospects of economic growth, geopolitical uncertainty and comfortable system liquidity.
They are not just underreporting income; they are reshaping what the income tax system perceives, says study.
If you want to watch a meaningful movie that will feed your soul, watch Ram Singh Charlie, recommends Namrata Thakker.
Roshmila Bhattacharya shows us just why India has lost her Mr Bharat.
One of the highlights at the Pushkar Mela is the stylish mustache competition, where competitors in colourful traditional attire show off their moustaches.
Reserve Bank of India (RBI) Governor Sanjay Malhotra said the repo rate cut in the February meeting of the monetary policy committee (MPC) was due to inflation aligning with the target and recognising the fact that monetary policy is forward-looking.
Out of the 10 gold on offer on the opening day of athletics competitions, Maharashtra and Services picked up two each, while Odisha, Himachal Pradesh, Delhi, Uttar Pradesh, Haryana and Tamil Nadu claimed one each.
India's rich cultural diversity, military prowess, economic progress and the strides it has taken in sectors, such as science and technology, were on full display at the 76th Republic-Day celebrations on Kartavya Path on Sunday, in the presence of Indonesian President Prabowo Subianto.
The Reserve Bank of India on Friday decided to keep the policy rate unchanged for the 11th time in a row but sharply lowered the GDP growth forecast to 6.6 per cent for the current fiscal, as against earlier projection of 7.2 per cent. The Reserve Bank of India (RBI) maintained the status quo on interest rate despite July-September quarter GDP growth falling to 7-quarter low of 5.4 per cent, as against its own projection of 7 per cent.
India as a sovereign democratic republic completed 75 years of its eventful journey on Sunday, with the stage set at the Kartavya Path in New Delhi for the ceremonial parade during which the country will showcase its military prowess and rich cultural heritage.
The government on Tuesday appointed three external members -- Ram Singh, Saugata Bhattacharya and Nagesh Kumar -- to the RBI's rate-setting Monetary Policy Committee for four years. The central government has reconstituted the Monetary Policy Committee (MPC) of RBI, the finance ministry said in a statement. Ram Singh is the director of the Delhi School of Economics, Saugata Bhattacharya is an economist, and Nagesh Kumar is the director and Chief Executive, Institute for Studies in Industrial Development, New Delhi.
'If it doesn't, it will continue with measures to infuse liquidity, signalling a new cycle,' predicts Tamal Bandyopadhyay.
Floor leaders of the Opposition Indian National Developmental Inclusive Alliance met on Monday ahead of the start of Parliament's winter session and decided to raise the issue of alleged corruption in the Adani Group and demand a Joint Parliamentary Committee on the matter.11111111111111111111111111
Dr Nagesh Kumar, one of the three new MPC members, wanted the MPC to reduce the repo rate by 25 basis points to 6.25%.
'The central bank has highlighted that the slowdown in growth has been limited to a few sectors and overall growth is expected to pick up in the second half of the year.'
A resident of Jainabad in the Chinhat area in Lucknow, Mohit Kumar was arrested in connection with a case on Saturday.
The three day MPC meeting began on Monday and the decision will be announced on Wednesday by RBI Governor Shaktikanta Das.
The Reserve Bank is unlikely to cut the benchmark interest rate in its forthcoming bi-monthly monetary policy review later in the week as retail inflation is still a cause of concern, and there is a possibility of the Middle East crisis deteriorating further, impacting crude oil and commodity prices, say experts.
Ahead of senior BJP leader Narendra D Modi's election rally in Karakat on May 25 to support National Democratic Alliance candidate Upendar Kushwaha, the BJP finally acted against Pawan Singh, who refused to withdraw from the fray.
Indian boxing's image continued to take a massive beating with the Sports Authority of India on Sunday expelling Olympic medallist Vijender Singh's roommate Ram Singh from the national camp here after he confessed to consuming drugs.
Describing the death of the prime accused in the Delhi gangrape case in Tihar Jail as a 'major security lapse', Union Home Minister Sushilkumar Shinde on Monday said the preliminary inquiry suggested he committed suicide.
Delhi gang-rape accused Ram Singh's autopsy will be done on Tuesday at the All India Institute of Medical Sciences, clearing all doubts on his death inside Tihar Jail.
Five people were killed and over 45 are missing following several incidents of cloudburst in Himachal Pradesh, where rain washed away many houses, bridges and roads, the officials said on Thursday.
After missing the bus for the Beijing Olympics by three seconds, long distance runner Ram Singh Yadav achieved the qualifying mark set for this year's London Games by dipping more than a minute under the B standard in the Standard Chartered Mumbai Marathon.
More than a dozen Mountain Rescue Teams assisted thousands of pilgrims during this year's Amarnath pilgrimage in the south Kashmir Himalayas, officials said on Monday, as the annual yatra concluded with more than 5.10 lakh pilgrims offering prayers at the cave shrine.
A fast track court on Monday sought an inquiry report by Tuesday from the Tihar jail officials on the alleged suicide by one of the accused in the Delhi gang rape-cum-murder case in the national capital.
The Union home ministry on Monday sought a detailed report from Tihar Jail administration hours after Singh committed suicide in his cell. Minister of State for Home RPN Singh said: "The home ministry has demanded a detailed report from the Delhi Police and the Tihar jail administration into the suicide of Ram Singh."
Embroiled in a battle for survival, Left parties marginally improved their performance in the 2024 Lok Sabha elections, leading in eight to 10 seats according to vote counting trends.
Ram Singh Yadav, India's lone entrant in men's marathon, failed to replicate the feat through which he qualified for the Olympic Games on the winding streets of London as he finished a distant 78th from 105 starters on Sunday.
A Delhi police official on Tuesday told a special court that the bus in which a 23-year-old girl was gang-raped on December 16 night was identified by the victim's friend and the main accused Ram Singh was arrested from the vehicle itself.
The National Human Rights Commission on Tuesday asked its director general (Investigation) to inquire into the death of Delhi gang rape prime accused Ram Singh in Tihar Jail.
Senior BJP leader and Patnagarh MLA KV Singh Deo and debutant from Nimapara assembly segment Pravati Parida took oath as deputy chief ministers.
A prosecution witness on Monday told a fast track court that the bite marks on the body of the December 16 gang rape victim were likely caused by two of the accused in the case.
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