Nudging the RBI to cut interest rates to boost growth, Finance Minister Arun Jaitley on Sunday said he had already made his mind clear and hoped the central bank will take decision after taking into account various factors.
Kin of victims of the Nigerian Dana Air crash that killed at least 153 passengers and crew on board, including an Indian, have rejected mass burial of corpses.
'...Unless we muck up our policies.' 'We have to become a modernised economy.' 'Our institutions should be stronger. And that is most important.' 'The rule of law should prevail and contracts should be enforced.' 'Above all, we have to recognise the importance of globalisation.' 'It is in our favour at this stage. We should grow and become globally competitive.'
Irked by Wasim Akram questioning PCB's decision to form an inquiry committee on team's disastrous show in Asia Cup, influential board official Shakil Sheikh has threatened to open old files related to legendary fast bowler's alleged involvement in match-fixing. "I don't think Wasim is 'King of Swing'. I think he is 'King of Betting'. He should think before criticizing anyone because his past is known to all and old files in the board can be opened," Sheikh, who is the head of PCB's inquiry committee told Geo Super channel on Monday night. As far as old files are concerned, Sheikh was referring to report submitted by Justice Malik Qayyum on match fixing inquiry at the start of the millennium. Sheikh, who also heads the Islamabad regional cricket association made references to his name (Wasim) being linked to betting in cricket and in the Justice Malik Qayyum match-fixing inquiry. Sheikh was upset with the remarks made by Akram recently at a press conference in which he questioned the purpose of the board appointing an inquiry committee on the eve of the World T20 to probe into the national team's poor performance in the Asia Cup.
He also launched 70-lakh tree sapling planting drive to commemorate the 70th birth anniversary celebrations of late Jayalalithaa.
Advice to the new finance minister from former RBI governor Raghuram Rajan: 1. Clean up banks by reviving projects that can be revived after restructuring debt. 2. Improve governance and management at public sector banks. 3. De-risk banking by encouraging risk transfers to non-banks and the market. 4. Reduce the number and weight of government mandates for public sector banks, and for banks more generally.
'Although the tactical move to outflank the BJP fell through with New Delhi's decisive intervention and eventual dissolution of the state assembly, the PDP, NC and the Congress appeared to be more than satisfied.' 'They see the assembly dissolution as their 'great achievement'.' 'If one were to believe what they say, this was also their main objective,' reveals Mohammad Sayeed Malik, the doyen of Kashmiri commentators.
Finance Minister Pranab Mukherjee on Friday dismissed as speculation reports that he has emerged as a front runner in the race for presidential election.
There was no word on whether or when Patel would be talking to the media about his priorities and plan of action as head of Mint Street
More than 30 accused wanted in connection with the Madhya Pradesh Professional Examination Board scam have died since the probe began in 2012, said chairman of the special team monitoring the investigation in the scandal that has rattled BJP government in the state.
Will RBI chief have the final say, in the form of a veto
The JD-U leader intends to parade the MLAs before President Pranab Mukherjee.
India and other foreign countries have asked Nigeria to quickly release the bodies of their nationals killed in a plane crash in Lagos that claimed the lives of 153 people on board and an unknown number on the ground.
The Samajwadi Party will hold its parliamentary board meeting on Wednesday to decide it's chief ministerial candidate.
The Reserve Bank of India is not a free agent. It never has been, nor should it ever be.
Sardar Sooran Singh, the Special Assistant to Chief Minister Khyber Pakhtunkhwa, was assassinated in Pir Baba area of Buner district.
'NSCN-IM leader Muivah warns that the NSCN-IM has come very close to an honourable solution to the peace process with the Government of India, but if it does not materialise, then the Nagas will go away so far that it would be difficult to bring them back to the negotiating table easily,' note Sandeep Pandey and Meera Sanghamitra.
The annual pilgrimage to the Amarnath shrine will begin on Monday albeit only from the Baltel route as the traditional south route via Pahalgam is still snow-bound.
Madhya Pradesh Governor Ram Naresh Yadav's son Shailesh, who was recently named as an accused in the multi-crore Vyapam scam in MP, was found dead on under mysterious circumstances at his father's official residence in Lucknow.
The bench said the AAP contention that the LG is bound to act on the aid and advice of Council of Ministers was "without substance and cannot be accepted".
Pakistan Cricket Board (PCB) has decided that suspended off-spinner, Saeed Ajmal should play two One-day games against Kenya this month before he goes for his final biomechanics test in Chennai.
Arun Jaitley had proposed to set up a Public Debt and Management Agency.
Based on this screening, the committee may weed out applications that do not meet the eligibility yardstick or the 'fit and proper' criteria for securing a licence.
PCB Chairman, Najam Sethi is in the UK meeting with the British legal firm for advise. PCB's chief operating officer, Subhan Ahmad has also flown to London for the same purpose.
Pakistan Cricket Board Chairman Shaharyar Khan insisted that his country will not play its 'home' series in India and asked the BCCI to honour its commitment to play the proposed series in the UAE.
The Delhi government on Wednesday moved to remove DCW Chief Barkha Singh by proposing Hindi novelist Maitreyi Pushpa's name to head the women's commission even as Singh accused the ruling Aam Aadmi Party of targeting her for summoning Law Minister Somnath Bharti in the south Delhi raid episode.
Rejecting the appeal of Governor N N Vohra and Chief Minister Ghulam Nabi Azad, the protesters poured on the streets and thorough fares of the city early Saturday morning, demanding revocation of order under which 39.88 hectares of forest land were transferred to the Amarnath board last month. However, the police action proved futile as the protesters, after dispersing temporarily, reassembled to continue their agitation, they said.
Apart from SBI, UPI 2.0 partner banks are HDFC Bank, Axis Bank, ICICI Bank, IDBI Bank, RBL Bank, YES Bank, Kotak Mahindra Bank, IndusInd Bank, Federal Bank and HSBC.
'Government of India has the right to give directions to RBI'.
Addressing a press conference at the AAP headquarters, senior party leader Manish Sisodia, who was the deputy chief minister in the outgoing government, said the cabinet ministers will also take oath along with Kejriwal.
French Finance Minister Christine Lagarde on Tuesday became the first woman to head the International Monetary Fund after its executive board chose her over Mexican central bank governor Agustin Carstens.
'Normally, the system is geared towards counting notes -- it is equipped to do x amount of work and one day you are asking them to do 20 x.' 'The processes involved are very complex.'
'We are warning that if you get these 3.5 lakh additional non-medical people with licence, our infant mortality rate and maternal mortality rate will deteriorate'.
The evolving RBI-government relationship, a reversal in the interest rate cycle and return to profitability will dominate bankers' conversation this year, says Tamal Bandyopadhyay.
The safeguards issue is unlikely to come up at Thursday's meeting of IAEA's Board of Governors and will come up for approval at a special Board meeting later. IAEA Director General Mohamed El-Baradei and Atomic Energy Commission chairman Anil Kakodkar initiated the talks.
Menon is expected to press India's case for allowing it to have civil nuclear cooperation with the international community. He is likely to cite India's impeccable track record on the non-proliferation front despite being a non-signatory to the NPT.
The IIM's new centre in Trichy, the 11th in the country, would commence operations from the academic year starting June.
Nair, who has been barred from holding any government post for his alleged role in the controversial Antirx-Devas deal, was in Patna on Friday to bid farewell to his colleagues.
Ahead of the fourth round of planned talks with a governor's panel, the Shri Amarnath Sangarsh Samiti also said any solution should also give the shrine board exclusive control of the land during the yatra. There was no official word of any peace formula to end the crisis.
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