Revising up inflation bands for the central bank will hurt the poor, former deputy governor of RBI Viral Acharya said on Wednesday, terming the current 4 per cent midpoint on price-rise as a "reasonable target".
India's leading steel companies hope the Modi 3.0 Budget will continue the massive capital expenditure currently underway, focusing on infrastructure development, manufacturing, and fair trade. The infrastructure segment is the largest steel user, and the government's focus has fuelled steel consumption even as international markets have underperformed. According to provisional statistics, steel consumption grew 13.6 per cent in FY24, reaching 136 million tonnes (mt), according to a CRISIL report.
A special website has also been created to mark the year-long celebrations, Union Culture Secretary Arunish Chawla told reporters during a briefing at the National Media Centre in New Delhi.
Former Prime Minister Manmohan Singh's 1991 budget unshackled India's economy, significantly enhancing the economic prospects for hundreds of millions of Indians, first deputy managing director of the International Monetary Fund (IMF) Gita Gopinath said on Friday.
Seers from various 'akharas' took the first 'Amrit Snan' at the Maha Kumbh on Makar Sankranti on Tuesday as an unbroken stream of people converged at the Triveni Sangam on the occasion with around 3.5 crore devotees taking a dip.
Foreign investors were net sellers of domestic debt in October for the first time since the official inclusion of Indian government bonds in the JP Morgan bond indices, with net outflow worth Rs 4,697 crore. This marked the second instance in the current calendar year where foreign portfolio investors (FPIs) were net sellers in a month.
"It would be lucky if we get 6 per cent (growth rate) this year," he said while describing the 7.1 per cent gross domestic product growth rate projection of the Research and Information System for Developing Countries as 'very optimistic'. RIS director-general Nagesh Kumar in his presentation projected an economic growth rate of 7.1 per cent for the current fiscal, even as he pitched for a fiscal stimulus of $50 billion to neutralise the impact of the global slowdown.
Hopefully, the grey world of central banking in a nation hit by demonetisation, will lighten up with some of his notes soon.
Band, baaja... and a lot of star power, the makers of upcoming Ghudchadi unveiled the peppy dance track Punjabi Munde at a musical event with Raveena Tandon, Khushalii Kumar and Parth Samthaan.
An Indian student pursuing a double major at the prestigious Purdue University in the United States state of Indiana, who went missing on Sunday, has been confirmed dead, the university has said.
Here's what your favourite Bollywood celebrities are tweeting.
The situation in Manipur remained tense but under control on Wednesday after students clashed with security forces during their march to Raj Bhavan in Imphal a day before, police said.
Senior Bharatiya Janata Party leader and Karnataka Higher Education Minister V S Acharya died in Bengaluru on Tuesday. Acharya, 71, collapsed after having a heart attack, while attending a function. He was rushed to a private hospital, where he was declared dead. He had not been keeping well for some time. Acharya is survived by his wife, four sons and a daughter. "He (Acharya) is no more with us," Chief Minister D V Sadananda Gowda said as he rushed to the hospital.
BJP MP Bansuri Swaraj said there are many leaders in the Opposition parties who are "capable" of handling the work of the Leader of Opposition but it is up to them to take a decision as it is their "internal matter".
The Bangladesh Assistant High Commission in Tripura's capital Agartala on Tuesday announced the suspension of all visa and consular services with immediate effect until further notice because of 'security reasons', a day after the mission's premises was breached by a group of people protesting against the arrest of Hindu monk Chinmoy Krishna Das in Dhaka.
Acharya will contest from Saran while Bharti will try her luck in the Patliputra LS constituency.
Agitating junior doctors demanding justice for the deceased woman medic of the Kar Medical College and Hospital and workplace safety continued their hunger strike until death on Sunday in the central part of the Kolkata's Dharmatala area.
One person was killed and three others injured in post-poll violence in Bihar's Saran district on Tuesday morning, police said.
Two prominent organisations, the Hindu Yuva Sene and the Keshav Smriti Samvardhana Samithi, have a pivotal role in shaping Mangaluru's Ganesh Utsav celebrations.
'It was Ramji's blessing that we got darshan.'
Misa Bharti's election office in a khatal is meant to symbolise an emotional connect with her parents Lalu Yadav and Rabri Devi's caste, the Yadavs, who are considered traditional RJD voters.
A bench of Justices Sanjiv Khanna and Sanjay Kumar issued notice to the Chembur Trombay Education Society, which runs the 'N G Acharya and D K Marathe College', and sought its response by November 18.
Nepal's first woman deputy prime minister and senior Nepali Congress leader Shailaja Acharya died today following a long battle with pneumonia and Alzheimer's.
Film folk queued up to watch Kartik Aaryan perform in his first biopic, Chandu Champion, directed by Kabir Khan, in the film's special screening in Mumbai.
"We firmly hold that undermining the central bank is a recipe for disaster and government must desist," All India Reserve Bank Association said in a letter. The association said Acharya's comments about the government's interventionist role vis-a-vis the RBI has created a flutter across the nation. "This is, however, not a sudden outburst, but was waiting to happen due to long simmering discontent," the association said.
From setting up cutting-edge facilities to cater to the domestic market and building capabilities of global standards, the action is building up.
Severe skilled, unskilled shortage threatens to pull emergency brakes on India's industrial engine.
Alleging negligence in the construction of the temple, Das claimed that there was also no arrangement for the drainage of rainwater from the temple premises after the showers on Saturday midnight.
Agitating junior doctors in West Bengal continued their fast-unto-death for the third consecutive day on Monday, demanding justice for the rape and murder of a woman medic of the RG Kar hospital and workplace safety even as the state government remained silent to address their issues.
'For voters, PM Narendra Modi's name and developmental works in Rajkot are enough reasons to support the BJP'
Uttar Pradesh Chief Minister Yogi Adityanath, BJP national president JP Nadda and several other famous faces were seen at polling booths, exercising their franchise in the final and seventh phase of the Lok Sabha polls on Saturday.
Reacting to the remarks made by Shiv Sena-Uddhav Balasaheb Thackeray chief Uddhav Thackeray that he has not received invitation for the inauguration event of Ayodhya's Ram Temple, Acharya Satyendra Das, Chief Priest at Shri Ram Janmabhoomi Temple on Sunday said that invitations have been extended only to those who are 'devotees of Lord Ram'.
'One of our MLA's homes has already been attacked by the mob. This legislator was beaten. This MLA belongs to the Meitei community.' 'There is a complete collapse of law and order in Manipur.'
February 6 or 8 likely options; development will be the main theme
SKM won 31 of the 32 assembly seats in the polls which occurred simultaneously with the Lok Sabha elections.
Around 200 schools in Delhi-NCR on Wednesday morning received a hoax bomb threat via email which led to widespread panic among parents and students, prompting authorities to suspend classes and ask parents to pick their wards from the school.
Mutt manager Sundaresa Iyer and Kaladi Vishwanatha Iyer had sought and been granted anticipatory bail in this case.
Tyagi, the JD-U's political advisor and spokesperson, was replying to queries about the suggestion that followed Kumar's speech at a party rally in Patna on Wednesday.
>Rohini Acharya, Lalu Yadav's daughter who donated her kidney to her father in December 2022, is on her introductory campaign trail in the constituency that has been represented by her father four times.
All eyes are now on the Sena factions, led by CM Shinde, backed by the BJP, and his predecessor Uddhav Thackeray, and their performance in the coastal belt in the November 20 polls.
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