A paper authored by Rajan said, state-linked banks can be a first step in altering the ownership structure of some PSBs, where the government brings down its stakes to below 50 per cent, creating distance from operations of banks, and improving governance along the way.
Reserve Bank of India Deputy Governor Viral V Acharya further said that the impact of the notes ban would only be temporary and would help in bringing informal sector into the mainstream economy.
The Budget session of Parliament was the least productive since the year 2000.
'For Mallya, it seems 'the night is dark and full of terrors' and if you believe his lawyers, he's only looking for some sunshine,' says Veer Arjun Singh.
If appointed interim head, Vishwanathan would head the central board meeting scheduled this Friday
A day after his arrest in Panaji, the Orissa police on Tuesday took into custody Raja Acharya, the prime accused in the murder of Biranchi Das, the coach of child marathon runner Budhia. The alleged gangster was produced before the local court and transit remand was attained. The accused is a noted criminal with more than 30 cases of extortion, murder and robbery against him.
Did *you* like the Thugs of Hindostan trailer?
Nima Acharya is the second MLA to quit the Congress for anti-party activities in the last few days ahead of the assembly polls.
The Jammu zone Inspector General Danish Rana said that the encounter took place on early Thursday morning in which two SPOs, who had deserted the police force in September and joined militants, were eliminated.
What India needs is not costly, brand new cities but a revamping of urban institutional structures and policies.
Should it be called Swadesi Jeans, Sanskari Jeans Patanjali Jeans or something else?
Violating the ceasefire again, Pakistani troops opened small arms firing at two forward areas in Poonch district of Jammu and Kashmir, drawing retaliation from Indian forces.
Chief Minister Arvind Kejriwal urged the Centre to provide medical oxygen to Delhi.
The last journey of the five jawans martyred in the attack by Pakistan soldiers began in the evening from Poonch town with Army officers laying wreaths on their caskets.
With Deputy Governor Viral Acharya and another member Chetan Ghate voting for a status quo, RBI governor Shaktikanta Das and three others outvoted them for reduction in repo rate to 6.25 per cent from the existing 6.50 per cent.
He sent a WhatsApp video message telling his parents to arrange Rs 50 lakh as ransom.
Tanushree Dutta has struck the first blow by declaring that no one supports the victims in the film industry.
Ranbir-Hrithik also grooved together!
'The rise in unemployment, underemployment, discouraged workers and job insecurity is likely to continue, with very adverse consequences for the nation's economic well-being and social cohesion,' warns Shankar Acharya.
The land transfer or subleasing would allow the Patanjali Group to set up the food processing facility and entitle it to other incentives under the central policy guidelines.
Even if Narendra Modi comes to power, the revival of sustainable growth is far from certain.
'Even at Galwan Valley, our soldiers are now not allowed to patrol at the point at which they used to patrol earlier. In the Pangong area, in a more than eight-kilometre area they are not allowing us to patrol, the area which we used to patrol. Previously, we used to patrol till Finger 8 and now we are not being allowed to patrol till Finger 8'
The violent protests forced the Nagaland CM to call off the elections.
'The Ayush minister (Shripad Yesso Naik) himself was suffering from COVID-19 and got treated in a modern hospital.'
Karnataka Chief Minister Siddaramaiah on Friday said the state government is yet to decide on filing an appeal in the Supreme Court against acquittal of Jayalalithaa who is set to stage a comeback as Tamil Nadu chief minister after her acquittal in the disproportionate assets case.
Violating the ceasefire again, Pakistan army fired at six Indian forward posts along the Line of Control in Poonch district of Jammu and Kashmir, drawing retaliation from Indian troops.
The move comes as the intra-party feud reached climax in the ruling NCP which has been witnessing months long tussle between two factions, one led by 68-year-old Oli and Party's chairman and another led by 66-year-old 'Prachanda', also the executive chair of the party and former premier.
'His (Das) approach to work seems that of working as a team with ease in communication.'
State Ayurved Department's licence officer Y S Rawat said the notice is being issued to the firm to explain from where it got the permission to launch a 'corona kit' as a cure from the virus.
Bangladesh might overtake India this year by per capita income in nominal dollars, but it is not yet close to becoming South Asia's economic powerhouse anytime soon, T N Ninan points out.
The tide began to turn in early September with the new Reserve Bank of India governor's confident and well-considered initial policy statement on September 4.
Despite Chief minister Devendra Fadnavis' ambitious plan, 40 per cent of the state is reeling from drought and its water tanker economy is booming. As of February 2019, the state government declared drought in 151 of the 358 talukas.
The key discovery of the oldest 'Buddhist shrine' at Buddha's birthplace in Nepal will throw more light on one of the world's earliest religions, archaeologists have said.
Macroeconomic policy aimed at short-term political gains does not augur well for a poorly performing economy.
'If the RBI board forces the management's hand on all the key issues, it should be prepared for resignations by the governor and the key deputy governor, Viral Acharya,' warns T N Ninan.
Pakistani troops fired on forward Indian posts along the Line of Control in Mendhar and Hamirpur areas of Poonch district late on Friday night in yet another instance of ceasefire violation, drawing retaliation from India.
The US economy will once again demonstrate its resilience and flexibility and grow around three per cent despite extremely fractious domestic politics over fiscal and other policies.
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In a fresh ceasefire violation, Pakistani troops on Wednesday opened unprovoked firing on five Indian forward posts along the LoC in Poonch district of Jammu and Kashmir, prompting retaliation from Indian forces.
The clothes are made using soft material such as 'makhmal' (velvet). After all, they are for Ram Lalla who is a child. The green dress has been made keeping in mind the day-specific colour, while orange is considered auspicious
