These changes will entail a relook at the various laws governing banks in the country - the two Bank Nationalisation Acts (passed in 1970 and 1980); the State Bank of India (SBI) Act of 1955; and the Companies Act of 2013.
Experts of the NSG and investigators of the NIA are being sent to Jammu and Kashmir to join the probe into the terror attack.
Delhi Chief Minister Arvind Kejriwal announced that primary schools will be closed from Saturday in view of spike in pollution levels in the national capital.
The institute expects to complete both, phase-2 and 3 trials in India by the end of this year.
The career bureaucrat-turned-central banker walked into the 19th floor corner room of the Reserve Bank on December 12, 2018. Since February 2019, the Das-led RBI has cut the repo rate by a whopping 135 basis points to support the sagging growth, including an unprecedented 35 bps reduction in August. As he completes one year at the helm, woes in the NBFC sector, overall health of the banking sector and steeply falling economic growth are among the major challenges that needs to be tackled sooner than later.
Ramdev's herbal medicine company Patanjali Ayurved has launched 'Coronil tablet and Swasari vati' medicines claiming they can cure the highly contagious disease within seven days.
Wang Yang and Xi Jinping's visits signal the beginning of a major Chinese push to bring about a transformation of Tibet, observes Jayadeva Ranade, the distinguished China expert and retired RA&W officer.
New infections have spiked ahead of the Olympics, which are set to start in July
The Sri Lankan government has appointed an advisory committee comprising eminent economic and fiscal experts to provide guidance on addressing the current debt crisis and engaging with the International Monetary Fund (IMF) and other lenders as the country struggles to combat the unprecedented shortage of foreign reserves.
'From environmental impact assessment to forest clearances, this has turned out to be an unscientific road-widening project with catastrophic consequences.'
During a joint press conference with the Jammu-Kashmir Chief Minister Mehbooba Mufti, the home minister also said that there is no future for India without Kashmir.
Delhi Chief Minister Arvind Kejriwal on Thursday said dedicated centres will be set up for the treatment of black fungus or mucormycosis cases at three city government-run hospitals.
'Our automakers export 50 per cent of what they manufacture and once the policy comes into play, which is in the next 2-3 years, we would become a Rs 10 trillion industry.'
'His (Das) approach to work seems that of working as a team with ease in communication.'
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.
While many exit polls have given either the Bharatiya Janata Party or Congress a majority in Uttarakhand, several of them have predicted a close fight between the two major players or a hung assembly -- a scenario in which the role of winning independents and candidates of regional outfits like the Aam Aadmi Party, the Samajwadi Party, the Bahujan Samaj Party and the Uttarakhand Kranti Dal will become significant in government formation.
Ushering in a big wave of reforms by implementing the four labour codes, setting up the national social security fund to cover over 38 crore informal sector workers and improving the ease of doing business will top the agenda of the labour ministry in the New Year. In a major move, the ministry launched the e-Shram portal on August 26, 2021 for creating a national database of over 38 crore informal sector workers. It will help the government to ensure last-mile delivery of benefits of various social security schemes to the informal-sector workers.
A three-year validity of an inflation target is, perhaps, more reasonable and practicable.
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.
A visit to Tibet appears to have become the new touchstone for expressing fealty to Xi Jinping, observes Jayadeva Ranade, the retired senior RA&W officer and distinguished China expert.
The Reserve Bank is likely to maintain status quo on interest rates in its forthcoming monetary policy review but may change the stance in view of retail inflation piercing its upper tolerance limit, global uncertainties created by the ongoing Russia-Ukraine war, and the urgency to protect and boost growth, feel experts. The RBI governor-headed rate setting panel -- Monetary Policy Committee (MPC) -- will be holding its first meeting of the 2022-23 fiscal from April 6 to 8. The outcome will be announced on April 8.
'By the time actual action began, it was already too late.' 'The virus was raging.'
'The issue is not whether the farm laws are beneficial for the farmers or not.' 'The farmers have taken a stand that they do not want these laws.' 'Why do you want to thrust these laws down their throat?'
'Ultimately, we have to understand that we don't have the supply at the population scale. 'Therefore, it has to be prioritised.' 'That's what the government has done.'
People spent a sleepless night as a series of aftershocks shook Assam after a strong 6.4 magnitude earthquake caused extensive damage to buildings.
Despite a go-ahead from the Centre, the state government will not resort to culling of the pigs immediately and will adopt an alternate mechanism to prevent the spread of the highly contagious disease, Assam Animal Husbandry and Veterinary Minister Atul Bora said at a press conference.
'Kerala is probably the only state, where (with regard to) the clinical management and the overall protocols, we have an infectious disease team heading the whole containment plan.'
'The present government swears by Hinduism. But we lost three of our sants during earlier BJP regimes.'
The Drug Controller General of India has sent a letter to the Glenmark seeking clarifications on pricing as well as claims of therapeutic efficacy. While Glenmark has claimed this drug is effective in comorbid conditions like diabetes, hypertension, according to protocol summary (of clinical trials) the trial was not designed to access the Fabiflu in comorbid conditions.
Following the Supreme Court verdict which clipped the powers of the LG, the bone of contention between the Delhi government and his office continues to be control over the services department.
In a video issued by the Health Ministry, Dr Randeep Guleria, Director of the All India Institute of Medical Sciences (AIIMS) answered commonly asked questions regarding the dosage of the vaccine saying that two doses of the vaccine will have to be taken 28 days apart and protective levels of antibodies generally would develop two weeks after the second dose.
Wang Junzheng, Tibet's new Communist party boss, is on a number of sanctions lists by the US, Britain, the EU and Canada, for his tough role in Xinjiang, aimed at China's Uyghur ethnic minority, observes Jayadeva Ranade, the retired senior RA&W officer and distinguished China expert.
Massive relief and rescue operations have been launched in Manipur where a strong 6.8 magnitude earthquake on Monday claimed nine lives, shattered buildings and caused panic.
National security, consolidation of border defences and border security highlights China's Tibet policy, points out Jayadeva Ranade, the former senior RA&W officer and China expert.
On the COVID-19 tests, the Home Ministry also said from Thursday tests will be done with the new Rapid Antigen method approved by the Indian Council for Medical Research and Delhi will be given priority for these tests. It said 169 testing centres have also been set up across the national capital.
Blockchain's promise: Dramatically speeding up transactions, explains Ajit Balakrishnan.
The Reserve Bank of India (RBI) has clarified that loans which have remained standard without any defaults as of March 1, 2020, will be eligible for restructuring under the pandemic-related resolution framework issued in August.
Progress on monsoons along with favourable base effect in 2HFY2017 continues to point towards RBI achieving its near 5 per cent inflation target by the year-end
More than 30 vaccine candidates have been supported and they are in different stages of development. Three candidates are in advanced stage of Phase I, II and III trials, and more than four are in advanced pre-clinical development stage, Choubey said.
Despite a temporary relief, foreign investors still see the sword of double-taxation hanging above their hard earned returns.
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