Protests against the Waqf Act turned violent in parts of West Bengal on Friday, with demonstrators setting ablaze vehicles, disrupting traffic and rail movement, and injuring several policemen. The unrest erupted in Suti, Murshidabad district, where protesters defied prohibitory orders, hurled stones at security personnel, and torched police vans and public buses during processions. Police responded with lathi charges and tear gas, while some officers were forced to seek refuge in a nearby mosque. Similar protests were held in Malda and Kolkata, prompting Governor C V Ananda Bose to direct the state government to take swift action against those responsible. The governor also contacted Union Home Minister Amit Shah and held discussions with Chief Minister Mamata Banerjee. The Waqf (Amendment) Bill, which was recently passed by both houses of Parliament, aims to improve the management of Waqf properties, safeguarding heritage sites and promoting social welfare.
Among heavy criticism of West Bengal Chief Minister Mamata Banerjee's remarks on Prayagraj's Mahakumbh, Jagadguru Shankaracharya Swami Avimukteshwaranand Saraswati Maharaj on Wednesday supported the CM, saying that the religious event has been mismanaged.
'The reasons being given for not having our COO and tournament director on stage for the final presentation make no sense to us.'
RBI Deputy Governor Swaminathan J has asked banks to follow KYC guidelines with both "precision and empathy", failing which regulatory actions will be taken against them by the central bank. Addressing a Conference of Directors of Private Sector Banks here on Monday, the Deputy Governor also expressed concern that in many cases, customer grievance mechanisms, including the Internal Ombudsman structure, are treated more as a formality than as a robust, effective resource.
Former Prime Minister Manmohan Singh was a brilliant economist with a visionary outlook on India's potential, combined with a fine sense of political feasibility, former RBI Governor Raghuram Rajan said on Friday. Singh, the architect of India's economic reforms, passed away here late on Thursday at the age of 92.
The ruling Aam Aadmi Party termed the LG's orders removing Shah and Gupta from the boards of discoms "illegal and unconstitutional". The LG does not have the power to issue such orders, it claimed.
Protesters in West Bengal's Murshidabad district set fire to police vehicles and hurled stones during a demonstration against the Waqf (Amendment) Act. The incident occurred on Tuesday afternoon in the Jangipur area, where a large crowd had gathered demanding the withdrawal of the legislation. Police responded with lathi charges and tear gas to control the situation. Several people were detained and police personnel were injured in the stone-pelting. The West Bengal Police has said the situation is under control and strict action will be taken against those who resorted to violence.
'We never waste a crisis. There will be learning and the supervisory tools will get better with each episode.'
The move came after the Bhagwant Mann-led Aam Aadmi Party government on Monday approved an amendment to the British-era Sikh Gurdwaras Act, 1925.
'As they assaulted me, they kept shouting, "So, you rascal, you speak against officers? Against ministers?" -- and each accusation was accompanied by more blows. 'Seeing that I could not get up, they began stamping on me with their feet and continued until they were exhausted.' Pinarayi Vijayan -- now Kerala's chief minister -- was imprisoned during the Emergency. This is his account of what the police torture he suffered in jail. A revealing excerpt from Goa Governor P S Sreedharan Pillai's Democracy Enchained, Nation Disgraced: Dark Days Of India's Emergency. The first of a series to mark 50 years of the Emergency.
Reserve Bank of India (RBI) Deputy Governor Swaminathan J criticised some non-banking financial companies (NBFCs) for lax loan appraisal practices and charging excessive interest rates, even as he acknowledged the sector's rapid expansion over the past decade, especially in recent years. "Unfortunately, some NBFCs seem to believe they can operate with weak underwriting in the pursuit of fast growth while levying excessive and unsustainable interest rates - sometimes disguised as upfront or processing fees - followed by aggressive recovery methods in case of default," Swaminathan said at the conference of NBFCs in Chennai last month.
The situation in Muslim-dominated Murshidabad district of West Bengal, which was marred by incidents of violence following protests over the Waqf (Amendment) Act, was calm and peaceful on Wednesday with no reports of any untoward incident. Prohibitory orders were clamped in and around Raghunathganj and Suti police station areas and large police force deployed in all sensitive areas of the district, especially in and around Jangipur town, where a large number of people had assembled on Tuesday afternoon, demanding the withdrawal of the legislation. Internet connectivity remained suspended within the areas under the Jangipur sub-division to prevent the spread of any disinformation. Protestors, who had gathered in large numbers on the NH-12 in the Jangipur area to protest against the Waqf Bill, hurled stones at the police who were deployed in the area, on Tuesday afternoon. A couple of vehicles belonging to the police were allegedly torched during the protest and police had to resort to lathi-charge and use tear gas shells to bring the situation under control. A few policemen were injured in the stone pelting. Police have also detained a few people in connection with the incident. West Bengal Governor C V Ananda Bose condemned the incident and said attempts to disturb the law and order situation in the state "should be put down with an iron hand". The opposition BJP alleged that the law and order situation in the state was "crumbling" under Chief Minister Mamata Banerjee, who was busy with "minority appeasement". The Waqf (Amendment) Bill was passed by the Lok Sabha on Thursday, and by the Rajya Sabha in the early hours of Friday after marathon debates in both Houses of Parliament. The Act aims to streamline the management of Waqf properties (assets permanently donated by Muslims for religious or charitable purposes) with provisions to safeguard heritage sites and promote social welfare. It also seeks to improve governance by enhancing transparency in property management, streamlining coordination between Waqf boards and local authorities and protecting stakeholders' rights.
Eminent cardiac surgeon Dr K M Cherian, who performed the country's first coronary artery bypass surgery about 50 years ago, has passed away. The veteran surgeon, in his 80s, died in Bengaluru on Saturday after reportedly collapsing during a function. Prime Minister Narendra Modi and Tamil Nadu Chief Minister M K Stalin have expressed their condolences, recognizing Dr Cherian's contributions to cardiology. Dr Cherian, who founded the Frontier Lifeline hospital in Chennai, was a recipient of the Padma Shri award.
A plea that the banking regulator's stress should be on the strategic role of boards and an increase in the remuneration of independent directors were among the issues put forward to the Reserve Bank of India's (RBI's) top brass in its interaction with the full boards of state-run banks held on Monday. The meeting, the first leg of first-of-its-kind interactions with the boards of state-run banks, will now be followed by those of private banks in Mumbai on May 29. The RBI's press release, issued late on Monday, did not refer to the specific points that found mention in the deliberations, but top sources told Business Standard the twin concerns were taken up in the open-house interaction with the banking regulator's brass.
Senior bankers anticipate discussions on issues related to technology, cyber security, and customer protection.
Rajbaris are a link to Bengal's rich past, of grand mansions, classical fine dining, and allow guests to be pretend zamindars for those few hours or days that they stay.
'It concerns the sea and the security of the nation. What has happened is a big tragedy.'
Like other central banks, the Reserve Bank of India is also concerned that spurt in food, commodity and oil prices coupled with fears of US recession could fuel inflation and slow down the economic growth. RBI Governor Y V Reddy and Deputy Governor Rakesh Mohan are also expected to deliberate on the impact of recent policy measures announced by the central bank.
Seasoned bureaucrat and a stickler for rules Finance Secretary Tuhin Kanta Pandey will be at the helm of capital market regulator, Securities and Exchange Board of India (SEBI), for three years. The 1987-batch Odisha-cadre Indian Administrative Service (IAS) officer, Pandey, would replace Madhabi Puri Buch, whose three-year term ends on Friday.
Mint Road, on December 21, 2023, flagged the role of self-regulatory organisations (SROs) in strengthening the compliance culture in regulated entities (REs) and providing a consultative platform for policymaking. It also decided to issue an omnibus framework for SROs.
'The BJP lacks a credible mass leader who matches Mamata Banerjee's popularity.' 'Given the division of votes among Opposition parties, the West Bengal government's dole-giving strategy, and the consolidation of the poor, significant sections of scheduled caste groups and Muslim minorities behind the ruling party, it will be difficult to dislodge the Trinamool from power.'
Even before it faces the confidence vote in the Lok Sabha, the government will brief the International Atomic Energy Agency board of governors in Vienna on July 18 on the India-specific safeguards agreement, which the board is likely to discuss on August 1 to help the implementation of the Indo-US nuclear deal. India on Monday informed the 35 member-countries on the board of governors about the July 18 briefing, IAEA sources said.
The dastardly dimensions of the attack are gradually sinking in even as the Government of India announced its immediate diplomatic and other retaliatory measures. It is generally expected to be followed up with punitive military action across the LoC, sooner than later, observes Mohammad Sayeed Malik, the distinguished commentator on Kashmir affairs.
It said Article 200 of the Constitution empowers the governor to either give assent to a bill passed by the state legislature, or to withhold the assent, or reserve the bill for consideration of the President.
'Pakistan is no longer a front-burner issue for America.'
In what was perhaps the most critical meeting before full-scale war broke out, Shastri defined India's immediate war objectives to his defence minister, army, and air force chiefs: 'To defend against Pakistan's attempts to grab Kashmir by force and to make it abundantly clear that Pakistan would never be allowed to wrest Kashmir from India; To destroy the offensive power of Pakistan's armed forces...' A fascinating excerpt from Shiv Kunal Verma's must-read 1965: A Western Sunrise India's War With Pakistan.
Noting that these three Cs haunt Indian education today, the Congress Parliamentary Party chairperson said in an article that this "carnage" of India's public education system must end.
Indo-Canadian Anita Anand and Delhi-born Kamal Khera are part of new Canadian Prime Minister Mark Carney's cabinet. Anand is the Minister of Innovation, Science and Industry while Khera is Minister of Health. Carney's cabinet with 13 men and 11 women is smaller than Trudeau's 37-member team.
The Indian government has appointed Finance Secretary Tuhin Kanta Pandey as the new chairman of the Securities and Exchange Board of India (SEBI). Pandey, a 1987-batch IAS officer, will replace Madhabi Puri Buch, whose three-year tenure ends on February 28. Pandey's appointment comes at a time when the markets are experiencing bear pressure due to withdrawals by foreign institutional investors (FIIs). Pandey has extensive experience in the finance ministry, having served as the longest-serving secretary in the Department of Investment and Public Asset Management (DIPAM) and the Department of Public Enterprises (DPE). He also played a key role in the framing of the 2025-26 Budget and the drafting of the new Income Tax Bill. Pandey's appointment is for an initial period of three years.
West Bengal Chief Minister Mamata Banerjee has defended her support for teachers who were dismissed following a Supreme Court verdict, accusing the BJP and CPI(M) of "hatching a conspiracy" to influence the ruling. She dared the BJP to arrest her for supporting the affected candidates, while asserting that her government will abide by the verdict but explore all legal options. The development has triggered political reactions with the BJP demanding Banerjee's resignation, while the CPI(M) expressed concern over the impact on the education system. Banerjee also criticized the BJP's handling of the Vyapam scam in Madhya Pradesh, drawing parallels to the school jobs scam in West Bengal.
A bench of Chief Justice DY Chandrachud and Justices PS Narasimha and JB Pardiwala was told by solicitor general Tushar Mehta that he had some discussion with the governor on the issue and would make a statement on the next date of hearing.
The race to acquire diversified fintech firm Religare Enterprise Limited (REL) intensified as Dabur group promoters, the Burman family, said it was going ahead with the open offer on Monday and claimed that the counter offer made by US-based businessman Digvijay Gaekwad wasn't valid and will not stand scrutiny of market regulator Sebi. The Burman family claimed that the competing offer falls outside the 15-day window stipulated by the Sebi takeover code, following their initial offer on October 4th, 2023.
'Will the LG be ready to rule with a light hand, having been vested with powers that amount to using a hammer to kill a fly?' asks Aditi Phadnis.
The Central Bureau of Investigation has asked former Jammu and Kashmir governor Satya Pal Malik to answer certain queries in connection with an alleged insurance scam in the Union Territory, officials said on Friday.
Four BJP leaders and former Supreme Court judge S Abdul Nazeer, who was part of the Constitution bench that upheld the archaeological report on Ayodhya, were among six new faces appointed as Governors on Sunday.
Trump said that the funds used to support students with disabilities and scholarships will be preserved and these duties will be provided to other institutions.
Rekha Gupta had the support of the RSS, which actively participated in the Delhi assembly poll campaign to help the BJP win.
A stampede-like situation at New Delhi Railway Station on Saturday evening left at least 15 people injured, and fatalities are feared. The incident occurred due to overcrowding on platforms 14 and 15, triggered by a rush of passengers heading to Prayagraj for the Maha Kumbh. Eyewitnesses described a chaotic scene with passengers fainting from suffocation and a scramble for space. Authorities are investigating the incident, with initial reports suggesting overcrowding due to the influx of passengers for the religious festival. Rescue teams and fire tenders were dispatched to the scene, and the injured were taken to hospitals for treatment.
The NCAA previously allowed transgender women to compete as long as they met testosterone limits on a sport-by-sport basis.
West Bengal Governor Jagdeep Dhankhar was on Saturday announced as the Bharatiya Janata Party-led National Democratic Alliance's vice presidential candidate.
