Reserve Bank of India (RBI) Governor Shaktikanta Das had stumped the market in the previous two policies - in August and in October - first with action and then with words. In August, it was the introduction of an incremental cash reserve ratio (I-CRR) to take out excess liquidity, which took the markets by surprise. In October, there was no action. Rather, what is known as "open mouth operation", Das' comment that the central bank might conduct open market operations (OMOs) by selling bonds tempered the euphoria in the bond markets after JP Morgan's inclusion of India in its Emerging Market Bond Index.
Probably the pitch is playing on Australians' mind before the big match.
Unlike Ratan Tata's philosophy, Mistry cared about short-term gains. This is a Diwali gift for many
No matter who replaces Sharif, India must maintain its guard, says Col Anil Bhat (Retired).
With several states taking steps towards unlocking and easing of restrictions amid a decline in COVID-19 cases, Prime Minister Narendra Modi on Monday cautioned people against any laxity and asserted that COVID-appropriate protocol is the 'most effective weapon' against an unseen adversary like coronavirus that keeps changing its form.
'If we have to restrict and fight terrorism, first and foremost, we have to ensure communal harmony in the country.'
Carlos Alcaraz ended Novak Djokovic's reign to usher in a new era at Wimbledon -- a win that was being trumpeted as the changing of the guard in men's tennis.
Amphibious drones for maritime inspection... devices that extract pure oxygen from water for patients in need... self-balancing electric bikes...
Following Pakistan's forgettable World Cup in India, Babar Azam stepped down as skipper of the national team.
The equity cult has grown at a rapid pace in India in the last few years, with retail investors latching on to the stock markets like never before. At 126.6 million, the number of dematerialised (demat) accounts, where investors hold their securities in electronic form for trading purposes, are at record high levels. The growth rate, on an annualised basis, stood at 27 per cent in 2022-2023, up from barely 6 per cent a decade ago.
P Chidambaram's appointment as India's Home Minister and his finance portfolio going to Prime Minister Manmohan Singh will boost investors' confidence and stock markets will take it positively, bankers, analysts, investors said on Sunday.
The revised plan for controversial National Counter-Terrorism Centre has been recalled from the Cabinet Secretariat after Sushilkumar Shinde took charge as home minister for a thorough review by him.
A total of 26 Army personnel, including three officers and five paratroopers, and seven civilians have been killed in eight terror attacks since October 11, 2021 in the twin districts.
Delhi Capitals head coach Ricky Ponting believes Rishabh Pant could still play a role despite not being with the team as he recovers from his injury following a car accident in December.
Havelock should be your destination for 2024. It is love at every sight!
"We will raise Rs 300 crore via bonds of two-, three- and five-year tenures. This will be our maiden bond issuance and is part of our effort to widen funding sources," says Vimal Bhandari, executive vice-chairman and chief executive officer (CEO), Arka Fincap. The firm, a subsidiary of Kirloskar Oil, is only five years old and small (assets of around Rs 5,000 crore with an "AA" rating), but the response to this float will be closely watched: It would be the first by a non-banking finance company (NBFC) after Mint Road upped the risk weights on bank exposures to them by 25 percentage points. The move by the Reserve Bank of India (RBI) has caught NBFCs off guard even though the issue had been flagged by Governor Shaktikanta Das with their corner-room occupants (and that of banks) in July and August 2023 - on consumer credit and the dependency on bank borrowings.
'But he was very quick and did a very stylish adab.' 'Of course, I didn't expect him to hug.'
India aim to seal series as Tilak Varma looks for quality batting time
Angelo Mathews criticised Bangladesh's decision to dismiss him via a 'time out' as 'disgraceful'
'The time has come for all those believe in a democratic India to stand up and be counted and to make a choice.'
The two armies had mutually decided not to resort to use firearms during face-offs in sync with provisions of two agreements on border management.
The Indian cyber security agency has issued a warning against 'Royal ransomware' virus that attacks critical sectors like communications, healthcare, education and even individuals and seeks pay-off in Bitcoins for not leaking personal data in the public domain.
Walmart-owned fintech firm PhonePe said it has crossed 500 million lifetime registered users on its platform. With this milestone, 1 in 3 Indians are now on PhonePe. The company said it is the first Indian internet company to have reached this scale globally. This milestone has been achieved in just over 7 years since the PhonePe UPI (Unified Payments Interface) payments launched in August 2016.
A day before the event, I learnt from an old Mumbai crime branch informant that a group of gangsters were planning to serve breakfast to the prisoners at Balgandharva Rangmandir prior to the show.
Rusty cables, broken anchor pins, and loose bolts were among the lapses that were not addressed while renovating the suspension bridge in Morbi which collapsed last month into the Machchhu river killing 135 people, as per a preliminary probe by the Forensic Science Laboratory (FSL).
'Unfortunately, there is no movement towards peace in Manipur.'
'When my father travelled 5,000 miles to build a new home in Ireland, I doubt he ever dreamed that his son would one day grow up to become its leader.' Vaihayasi Pande Daniel/Rediff.com profiles Dr Leo Varadkar who will step down as Ireland's taoiseach (prime minister) next week.
Justice N Anand Venkatesh, who holds the portfolio for MP/MLA cases in the state, took up the cases against senior ministers Thangam Thennarasu and his wife and KKSSR Ramachandran and his spouse and also a friend of the DMK leader.
The win give holders Australia four points in their quest to retain the Ashes and the teams now move on to the three match Twenty20 International series that begins on July 1 at Edgbaston.
The government is planning new regulations that may impose penalties on both the creator and the platform hosting deepfakes, as it looks to clamp down on what IT and Telecom Minister Ashwini Vaishaw described as "a threat to democracy".
'Very severe cyclonic storm Biparjoy at 2330 hrs IST of 9th June over east-central Arabian Sea near lat 16.0N & long 67.4E. Likely to intensify further & move north-northeastwards during the next 24hrs,' the IMD said in a tweet.
Crypto assets should not be granted official currency or legal tender status, the much-awaited synthesis paper by the International Monetary Fund (IMF) and Financial Stability Board (FSB) has said ahead of the G20 leadership summit under India's presidency. However, the report has argued against a blanket ban on activities linked to crypto assets, explaining that such a move can be costly as well as technically demanding to enforce. Central banks should avoid holding crypto assets in their official reserve as they pose a risk to monetary and global financial stability, according to the synthesis paper.
The Indian Navy, which regards itself as the 'net security provider' in the Indian Ocean Region, has also stepped up to the plate, with a warship stationed at all times off the Gulf of Aden for counter-piracy tasks. 91 Indian warships have been deployed in the region since 2008, patrolling high risk areas where piracy was rampant.
'There is a hunch that BJP's 'Chanakya' is trying to create some confusion by sending Ajit to meet senior Pawar'
'What the Hinduisation of Muslim names by the BJP suggests is that the party's anti-Muslim outlook matches the virulence of almost any other far right outfit such as the Ku Klux Klan,' argues Amulya Ganguli.
Indian team will certainly feel a sense of deja vu when it takes on a red-hot South Africa on Sunday in what will be a battle of equals
Though the "eye of the storm" is away from land, the cyclone's outer periphery would leave its impact on the coast.
Apart from the 10 persons arrested so far, those found guilty of negligence in the Special Investigation Team (SIT) report should also be arrested and punished, said a man who lost his 10-year-old daughter in the tragedy.
All-rounder Hardik Pandya is set to lead India in the upcoming three-match T20I series against Sri Lanka, scheduled to start in Mumbai on January 3.
'I told them I am a Muslim, you are Sikh, you are Hindu, but we have one country to save.'
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