In its letter, finance ministry has pointed to sections 35, 35A and 36 of the Banking Regulation Act, 1949, to highlight the powers and functions of the RBI as regulator
India's captain Virat Kohli staved off the threat of defeat before their fast bowlers ensured the hosts finished on a high in the drawn opening Test against Sri Lanka in an enthralling final day at the Eden Gardens in Kolkata on Monday.
Rajneesh Gupta presents the interesting numbers from the second day of Kingston Test between West Indies and India
Summary of sports events and persons who made news on Tuesday
The broad market depicted strength. 1,525 shares rose and 1,131 shares fell. A total of 156 shares remained unchanged
As people crisscross the country, eager to return to their homes, the cases have raced past 80,000 with at least 2,649 deaths, according to the Union health ministry on Friday. While there is no exact count, this includes a large number of those who have returned to their states.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
Recently, Hindu religious seers had threatened to boycott the ceremonial Kumbh snan if the Ganga was not clean.
Analysts believe the film should cross Rs 120 crore over the four-day weekend.
Petrol and diesel prices are likely to be cut by close to Re 1 per litre this weekend on sliding global oil rates.
Twitter initially said the account had been "inadvertently deactivated due to human error", but later indicated it was done intentionally by a departing worker.
This was Sri Lanka's second loss in as many matches, and, as a consequence, they have been knocked out of the tournament.
The hosts, chasing a mammoth 550 for a win, only managed 245 runs before their second innings folded in the final session of the penultimate day after Dimuth Karunaratne had been dismissed for 97.
News of all that's transpired on and off the football field.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Ashwin takes 6 wickets to clinch an innings victory.
Criticised for lack of planning, the National Rifle Association of India (NRAI) decided to accept the recommendations of Abhinav Bindra-led review committee, which looked into Indian shooters' flop show in Rio Olympics, in 'toto' and said it will form a separate panel to ensure the implementation of the suggestions.
Joe Root struck an unbeaten 90 as he and Chris Woakes steered England to a four-wicket victory over West Indies in their second One-day international on Sunday.
The Indian skipper joined South African great Hashim Amla as the fastest to 50 centuries in international cricket in 348 innings.
Finance Minister Nirmala Sitharama on Thursday stated the government is planning to provide a relief package of Rs 1.7 lakh crore to the underprivileged, poor and migrant workers affected by the lockdown amid the coronavirus outbreak. The scheme has been named the Pradhan Mantri Garib Kalyan Scheme.
Cardiff had lost six of their previous seven games but, knowing that anything but a victory would probably end their survival hopes after one season in the top flight, overcame a strong Brighton start to play with growing confidence and fully deserved their victory.
Rain and thunderstorm wrecked havoc in several parts of Uttar Pradesh leaving at least 21 dead
Twelve people died of dengue and over 1,900 fresh cases have been reported in the past one week.
Kumar Sangakkara struck his 37th Test hundred as he and his retiring team mate Mahela Jayawardene powered Sri Lanka to 252 for two wickets before rain washed out the final session on day three of the first Test against Pakistan on Friday.
The reason why private banks will play the deposit pricing game strategically is the weakening of banks' deposits base given the competition from MFs and insurance companies due to tax-savings schemes.
The Congress, which was not a petitioner before the apex court, wants the Rafale deal to be referred to a Joint Parliamentary Committee to go into the price arrived at by the BJP government versus the one negotiated by the previous UPA regime, as also how billionaire Anil Ambani's group with virtually no experience in manufacture of fighter jets was selected as an offset partner for the deal.
'We probably didn't think it was going to move around like it did. It was tough but Jimmy (Anderson) was magnificent' 'I think we're still reasonably confident, obviously the last two days haven't gone to plan but I think we're still in front of the game'
Ravindra Jadeja struck a career-best 70 not out as he and his lower order colleagues earned India a substantial 71-run first innings lead by lunch on the third day of the third Test against England on Monday. - Scorecard: The hosts were 354 for seven at the break with Jayant Yadav batting on 26, the pair having already amassed 53 runs for their flourishing eighth-wicket partnership.
Matt Henry shrugged off the disappointment of missing out on selection for next month's World Twenty20 with a hostile spell of pace bowling that helped New Zealand ease to a 159-run win over Australia in the first one-day international on Wednesday.
The apex court at the same time made it clear that it does not want information on pricing and technical parameters relating to the fighter aircraft.
Adam Voges continued to capitalise on an early reprieve by scoring his fifth test century as Australia eased to 463 for six by the close of the second day's play of the first match against New Zealand at the Basin Reserve on Saturday Voges was unbeaten on 176 at stumps with Peter Siddle on 29 as the Australians stretched their advantage to 280 runs, snuffing out any hope New Zealand had of claiming victory in captain Brendon McCullum's 100th test. The 36-year-old Voges has made the most of a lifeline when he was bowled by Doug Bracewell for seven with two deliveries remaining on Friday, only for umpire Richard Illingworth to signal a no-ball. Television replays showed the delivery was legal but because the infraction had been called on the field, New Zealand were unable to ask for a review. Voges has now scored 500 consecutive runs without being dismissed and now averages more than 100 from 19 innings. The Western Australian not only bettered Bradman's batting average, he broke the 12-year-old record of India's Sachin Tendulkar, who posted 497 consecutive runs - scores of 241no, 60no, 194no and 2 - from January to April 2004.
Virat Kohli (76 batting) and Abhinav Mukund (81) put on 133 runs for the third wicket as India reached 189 for three in 46.3 overs at stumps on a rain-affected day three.
Over 16,000 families in Pakistan refused to vaccinate their children against polio during the first two days of the latest round of polio campaign in the country, as community opposition and Taliban threats block efforts to eradicate the crippling disease from the country.
The health ministry said that 86 per cent of the total active cases were recorded in 10 states of the country.
Ravichandran Ashwin's 25th five-wicket haul was the cornerstone of India's remarkable turnaround as the hosts defeated Australia by 75 runs in the second cricket Test to level the four-match series.
News of all that transpired on and off the football field.
England debutant Toby Roland-Jones wreaked havoc as he picked four wickets to have South Africa reeling at 126 for 8 at stumps on Day 2 of the third Test at the Oval on Friday.
Coal and steel were only two sectors that saw some growth.
A dominant India on Saturday outclassed an injury-ravaged and out-of-sorts Sri Lanka by 304 runs in the opening Test to bury the ghosts of a humilating loss at the same venue, exactly two years ago.
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