Amid a debate on the basis of a monetary policy stance, one may be curious enough to know how non-food retail inflation has behaved over the years in India. Let the eager souls catch a glimpse of facts. In the past 10 years, non-food inflation came down below 4 per cent on two occasions - pre-Covid period of 2019-20 and now in the first four months of the current financial year (FY25).
The defence minister said it could not be given to the Public Accounts Committee.
The apex court directed the CBI, which is already probing the case, to file its status report in the matter within three months.
Now, every state election -- first up, Maharashtra, Haryana and Jharkhand later this year, then Delhi in January and Bihar in September next year -- will be seen by his followers for evidence of his recovery, and by rivals of sharpening decline, points out Shekhar Gupta.
The Reserve Bank of India on Friday decided to keep the policy rate unchanged at 6.5 per cent for the fifth time in a row as it maintains a tight vigil on inflation. The rate increase cycle was paused in April after six consecutive rate hikes, aggregating to 250 basis points since May 2022. Announcing the bi-monthly monetary policy, RBI Governor Shaktikanta Das said the Monetary Policy Committee (MPC) unanimously decided to keep the repo rate unchanged at 6.5 per cent.
Another meeting will be called next week at a mutually-convenient date.
The Parliamentary Standing Committee on the Lokpal Bill will meet in New Delhi on September 7 to decide its procedure to fast track the comprehensive exercise for formulating a strong legislation. It will kick off its work by hearing Central Bureau of Investigation director A P Singh and Central Vigilance Commissioner Pradeep Kumar who have been sent notices to appear before it.
The Reserve Bank of India's (RBI's) job to bring down inflation is not over, and any premature move on the policy front could undermine the success achieved so far on the price situation, according to RBI Governor Shaktikanta Das. RBI's rate setting panel, Monetary Policy Committee (MPC), had met for three days from February 6-8. The panel decided to leave the key policy rate unchanged at 6.5 per cent for the sixth time in row.
Addressing the newly elected MPs in the Central Hall of Parliament, she said far from taking responsibility for the failure, the prime minister intends to get himself sworn in again on Sunday.
The crowd at the mosque was larger than usual, unsurprisingly because it happened to be the last "Jumma" (Friday) of the holy month of Ramzan.
The coming assembly and Lok Sabha elections -- the choice of candidates, the campaign strategies and the negotiations with other Opposition parties --0 represent the real test for Mallikarjun Kharge.
The Central Bureau of Investigation on Monday approached the Supreme Court seeking modifications of its order barring it from sharing Coalgate probe report with any government agency or officers and lifting of restrictions imposed on it from changing the 33-member investigation team.
Central Vigilance Commissioner Pradeep Kumar will hold a high-level meeting on Tuesday to decide on the next Central Bureau of Investigation director.
'I gave enough evidence and proof to punish corrupt officials.' 'But my own government has not filed any FIR against such officials.'
Lok Sabha MP Mahua Moitra on Wednesday moved the Supreme Court against two ordinances brought out by the Centre under which the tenure of directors of the CBI and the Enforcement Directorate can now be extended by up to three years after the mandated term of two years.
Team Anna member Kiran Bedi on Thursday contended that the Parliamentary Standing Committee recommendations on Lokpal Bill will only help in making the ombdusman an "Enquiry Pal" with no powers at all. Bedi said Anna Hazare and his supporters did not fight for such an anti-corruption watchdog.
Prime Minister Manmohan Singh on Tuesday virtually blamed former Minister of State (personnel) Prithviraj Chavan for the fiasco involving appointment of P J Thomas as central vigilance commissioner, saying the note forwarded by him for the selection committee did not have information about corruption case against Thomas.
The selection committee meeting to chose Central Vigilance Commissioner in September last year did discuss the issue of Palmolein case against P J Thomas, Home Minister P Chidambaram said on Monday but parried a question whether a "chargesheeted" person should have been appointed.
The opposition will seek to target the government on the issue of farmers' plight as well as their demand for a legal backing for minimum support price.
Tainted Commonwealth Games official, Rajkumar Sacheti has been appointed as 'advisor' for this year's Lusofonia Games by the Goa government, leading to the resignation of the Organising Committee chairman.
"Actions of the government indicate that it's scared of a CBI headed by an independent director," the Congress leader wrote in his letter to PM Modi.
The government on Wednesday extended the tenure of Enforcement Directorate Director Sanjay Kumar Mishra by a year till November 18, 2022, days after the Centre brought ordinances to allow ED and Central Bureau of Investigation directors to occupy the office for up to five years.
President Pratibha Patil cancelled the appointment of P J Thomas on Monday as Central Vigilance Commissioner, 11 days after the Supreme Court quashed his selection by a high-power committee headed by Prime Minister Dr Manmohan Singh.
While Lok Sabha Speaker is yet to decide on Leader of Opposition, the Centre on Monday went ahead with the process of appointment of Central Vigilance Commissioner and sought nominations of eligible candidates from all secretaries.
Congress leader in the Lok Sabha Mallikarjun Kharge on Wednesday met Speaker Sumitra Mahajan and formally staked the party's claim to the post of Leader of Opposition in the House, an issue that has got embroiled in a controversy.
Union Home Minister Rajnath Singh on Saturday said that the Centre would soon take pragmatic steps to effectively manage the country's borders with Myanmar and Bangladesh to check the movement of militants and arms.
The Central Vigilance Commission will suggest to the Parliamentary Standing Committee certain changes in the proposed Lokpal bill and pitch for greater powers to prosecute higher bureaucracy in corruption-related cases.
Widening its probe, the Central Vigilance Commission (CVC) is looking into at least 22 more Commonwealth Games-related construction and procurement works carried out by different government agencies here for alleged financial irregularities.
The Centre on Monday strongly defended the appointment of controversial bureaucrat P J Thomas as the central vigilance commissioner, saying he was an 'outstanding officer' with 'impeccable integrity'. In an affidavit in the Supreme Court cleared by Attorney General G E Vahanvati, the government also said there was no need for 'consensus' of the three-member high powered committee on CVC's appointment.
The Lokpal Bill is set to be put on the fast-track with the Parliamentary panel on Law taking it for examination from Friday by hearing views of Aruna Roy and Jaiprakash Narayan who have presented their own drafts.
The Central Vigilance Commission on Saturday indicated it did not want to come under Lokpal but work closely with the proposed anti-corruption ombudsman.
After a pounding by the opposition, which demanded a Joint Parliamentary Committee to go into allegations of corruption in the Commonwealth Games, the government said on Monday that irregularities would be inquired into "exhaustively" and the corrupt will be pursued till the "end of the earth".
Prime Minister Manmohan Singh on Thursday said he respected the Supreme Court verdict on the quashing of the appointment of P J Thomas as the Central Vigilance Commissioner.
The government has notified new Lokpal search committee rules, giving it more freedom to recommend names for chairperson and members of the anti-corruption body outside the list provided by the Department of Personnel and Training.
Union Home Minister P Chidambaram on Wednesday accused Leader of Opposition Sushma Swaraj of making thoughtless allegations and "tying herself in knots" by levelling the charge that he had misled the panel which selected P V Thomas as the Central Vigilance Commissioner.
According to sources U S Misra, IPS officer of 1968 batch from Orissa cadre, is among the frontrunners.
Embattled Central Vigilance Commissioner P J Thomas on Monday side-stepped questions about him continuing in office in the wake of a corruption case against him, saying he was still the CVC. "I am still the CVC. The matter is in court. So no comments," said Thomas. The Supreme Court is hearing a PIL by the NGO Centre for Public Interest represented by advocate Prashant Bhushan, questioning the legality of the CVC's appointment by a three-member selection committee.
Slamming the government, Bharatiya Janata Party leader Sushma Swaraj termed as "untruth" its claim that the charges against Central Vigilance Commissioner P J Thomas was not brought before the high-powered selection committee of which she was a member and said she would approach the Supreme Court in this regard.
The government on Thursday told the Supreme Court that the issue of a chargesheet against Central Vigilance Commissioner P J Thomas in a corruption case and the sanction granted by the Kerala government for his prosecution were not brought before the high-powered committee for selecting a candidate for the post.This was stated by Attorney General Goolam E Vahanvati before a bench headed by Chief Justice S H Kapadia.
Faulting the procedure adopted by the government for divestment of the controversial Mumbai Centaur Hotel property, a Parliamentary Standing Committee has demanded a thorough probe by the Central Vigilance Commission into the deal.
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