General Bipin Rawat, his wife and 11 others were killed in a helicopter crash near Coonoor in Tamil Nadu on Wednesday, the Indian Air Force said.
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.
The Reserve Bank on Friday set up a three-member committee under former Governor Bimal Jalan to scrutinise applications for new bank licences, which are expected to be awarded by January.
A top official of the Pakistan Cricket Board said he would advise the PCB against sending its national team to India for the planned bilateral series in December.
This is not her first stint in North Block or in leading a major economic ministry. She started Prime Minister Narendra Modi's first term as minister of state for finance, was made the commerce minister, and then became the defence minister.
'The PCA framework was revised and tightened in April 2017, but there was no discussion in any board meeting. The government does not know the rationale behind revising the framework and how the RBI arrived at it. Similarly, there was no discussion in the board meeting on the revised NPA framework,' said an official.
North Block is concerned that when India is trying to attract more investment, putting up restrictions on audit firms could create an avoidable bad advertisement.
The Japanese and Tokyo metropolitan governments, local organisers and the International Olympic Committee (IOC) have all sought to quash persistent speculation that the Games could be cancelled or postponed.
Central Reserve Police Force and police personnel moved to search the vehicle and came under fire of the terrorists hiding in the truck. They retaliated resulting in an encounter.
R Gopal, the editor of Tamil magazine 'Nakkheeran', who had written articles on a sex scandal involving a woman college teacher, was picked up by police from the airport before he could board a flight to Pune, officials said.
Cyber thieves have been using RBI logos to send out mails to cheat customers
Tamal Bandyopadhyay offers some unsolicited advice for a government wh,ich came to power, with brute majority and the nation's pragmatic chief money man.
Kris Kolluri, a former New Jersey senior government official, was recently appointed the new chief executive officer of the Rowan University/Rutgers-Camden board of governors.
Thanks to the recapitalisation by the government and measures taken by the central bank, collapse of any large housing finance company won't pose as big a risk as it had six months ago.
With a view to protect prudent commercial decision of bankers, the government has taken a slew of decisions, including doing away with personal responsibilities of MD and CEO of PSBs for compliance in dealing with large value frauds committed by bank officials.
The former bureaucrat said he will take measures which the economy requires in a timely manner and as the first step, will meet the heads of public sector banks.
The Supreme Court on Monday agreed to hear a petition seeking removal of Madhya Pradesh Governor Ram Naresh Yadav on the ground of his alleged involvement in the scam in the massive admission and recruitment scam in the Madhya Pradesh Professional Examination Board.
This is reportedly the first time that the names recommended by a search committee have been shot down by the HRD ministry
'It is not something that is going to unfold in the next few weeks or even the next few months.' 'This process will continue for some time. And that's how it should be.' 'If the politicians are coming on board, then that is a welcome step.'
Several Congress leaders interpreted it as a dig at Prime Minister Modi who is yet to address a single press conference in his 54-month tenure.
The 39-year-old Imphal-based journalist was detained under the NSA on November 26 for allegedly uploading videos criticising the BJP-led governments in Manipur and at the Centre for observing Rani Jhansi's birth anniversary.
Former Australia player Stuart Law has been confirmed as the Pakistan Cricket Board's first choice for the post of national team chief coach.
Yellen is currently Vice Chairman of the Board of Governors of the Federal Reserve System.
With many getting payment reminders, confusion prevails among borrowers, term-plan investors and credit cardholders over the implementation of the three-month moratorium on all loan repayments amid disruptions caused by the coronavirus outbreak. As part of measures to alleviate hardships faced by people, the Reserve Bank of India, on March 27, announced a slew of steps, including a three-month moratorium on loan repayments.
RBI says haste in easing norms for banks harmful to economy.
'We are very watchful about inflation and growth. But the main challenge is economic revival and growth.'
The committee had eminent people on it and making any allegations like this is 'outlandish', Sitharaman said.
The central bank said its board of directors had approved the broad contours of the proposals.
The national capital has so far recorded six cases of coronavirus.
"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.
The group, headed by former RBI deputy governor H R Khan, has also pitched for liberalised investment cap, review of prohibited sectors for foreign investment for FPIs, permitting FPIs for off-market transactions and review of restriction on sovereign wealth funds for investment in corporate debt securities.
As many as 362 passengers and six train staff were on board at the time of the incident.
True, Azam Khan is being targeted rather disproportionately and also because of his Muslim identity. That must be protested and resisted. But to say that he is a big messiah, and his profit-making educational enterprise is an issue concerning all Muslims of India, is absolutely unjustified, assert Mohammad Sajjad and Md Mohammad Zeeshan Ahmad.
Given Indian corporates's high indebtedness, new credit will be used for servicing loans rather than building factories. This is setting us up for more companies on life support and more zombie banks, warns Rahul Jacob.
Among sectoral indices, telecom led the chart, spurting 3.08 per cent, followed by oil and gas.
Being part of category-I implies lower compliance burden, simplified know-your-customer norms and documentation requirements, and fewer investment restrictions.
The agitated workers waved black flags and chanted slogans against him.
The South Carolina governor has become the first woman and minority to join Trump's administration.
The resignation is sure to create more political firestorms for the government as it comes on the eve of the winter session of Parliament where the Opposition has already made it clear to the treasury benches that infringing on the RBI autonomy would be a big talking point for them.
Other members of the high-level advisory committee are former RBI Deputy Governor Usha Thorat, former Securities and Exchange Board of India Chairman C B Bhave, and Nachiket M Mor, Director of the Central Board of Directors of RBI, Governor Raghuram Rajan said.
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