A 24-hour control room was set up in the neighbouring district of Wayanad following the Nipah outbreak in Kozhikode
The Reserve Bank is unlikely to cut the benchmark interest rate in its forthcoming bi-monthly monetary policy review later in the week as retail inflation is still a cause of concern, and there is a possibility of the Middle East crisis deteriorating further, impacting crude oil and commodity prices, say experts.
ZEE Entertainment Enterprises Ltd on Friday said its MD & CEO Punit Goenka has initiated a process of rationalisation of workforce by 15 per cent to prune staff strength across the company. In a regulatory filing, ZEE Entertainment Enterprises Ltd (ZEEL) said Goenka has proposed a lean organisation structure to the board with a lateral structure while identifying broadcast, digital, movies and music as core business units. "In line with his overall strategic approach, the MD & CEO has initiated the process of rationalisation of the workforce by 15 per cent, that will prune the staff strength across the company to arrive at a streamlined team that is sharply focused on the set goals for the future," the company said.
The Reserve Bank of India's (RBI's) state of the economy report observed that any durable alignment of headline retail inflation with the target of 4 per cent could recommence in the second half of FY25 and sustain until numbers closer to the target are seen during the course of FY26, dashing hopes of any reduction in the policy repo rate in the current financial year. The report, authored by RBI staffers, including Deputy Governor in charge of monetary policy Michael Patra, said though headline numbers may fall in July and August due to base effect, it is likely to reverse in September.
The Bharatiya Janata Party will have an understanding with former prime minister H D Deve Gowda-led Janata Dal-Secular for the 2024 Lok Sabha polls, former Chief Minister B S Yediyurappa said on Friday, an announcement that shot up political temperature in Karnataka.
The Samyukta Kisan Morcha on Wednesday said that a consensus has been reached over a revised draft proposal of the Centre on their pending demands and it will now meet on Thursday to decide the future course of the movement, even as its leaders demanded a formal communication on government letterhead.
The BJP has nominated sitting MLA Dayanand Sopte from Mandrem assembly segment, which Parsekar had represented between 2002 and 2017.
'There were two options before the government -- create a complex, cumbersome law, which will cause a tremendous amount of compliance challenges for startups or say let's go back and do a clean slate, where we do a framework of laws and policies'
The finance ministry expects a broad-based moderation in inflationary pressures on the back of an anticipated reduction in food prices as a result of the uptick in summer sowing. The retail inflation rate remained stubbornly clung to the 5 per cent mark in seven of the past eight months. "Core inflation is trending downwards, indicating a broad-based moderation in price pressures... Driven by strong domestic growth and benign global commodity prices, core inflation is declining continuously.
The core committee of the Uttar Pradesh unit of the BJP met at the party headquarters in Lucknow in the presence of Nadda.
B Y Vijayendra said power and position itself are not the ultimate objectives in politics.
The US Fed interest rate decision, domestic inflation data and global trends would be key driving factors in dictating movement in the market this week, as the Lok Sabha elections outcome and the RBI policy decision are behind us, analysts said. The past week was a roller-coaster ride for investors as markets swung sharply in both directions before closing with strong gains.
Janata Dal-Secular leader H D Kumaraswamy on Thursday said the party's second list of candidates for the May 10 Karnataka assembly polls, including for the contentious Hassan seat, will be finalised on April 7.
Most members of the Reserve Bank of India's monetary policy committee (MPC) decided to stick to the course on bringing retail inflation to the target of 4 per cent while voting for maintaining status quo in the April review, except external member Jayanth Varma who voted for a 25 bps cut in the repo rate. "I believe that the extant monetary policy setting is well positioned," RBI governor Shaktikanta Das said in the minutes of the policy review, which came out on Friday. "Monetary policy transmission is continuing and inflation expectations of households are also getting further anchored.
Three years after India declared its goal to become a net-zero economy by 2070, the policy design for achieving the target has begun, with the NITI Aayog forming dedicated multi-sectoral committees to prepare a transition plan. In 2021, India joined a select group of nations that set a target year for becoming net-zero carbon economy. At COP26 in Glasgow, Prime Minister Narendra Modi outlined a five-pronged 'Panchamitra' climate action target for India and committed to a net-zero target by 2070, joining nations like the US, the UK, and China.
The land shall forthwith vest with the original owners, their lineal descendants or legal representatives, "free-of- cost", he said.
Zee Entertainment on Friday said it has "pruned" its Technology and Innovation Centre (TIC) by about 50 per cent following the guidance of a special committee, which had conducted a critical assessment of its several business verticals. The MD & CEO has pruned TIC staff strength by 50 per cent to achieve a cost-effective structure, a Bengaluru-based business vertical of the company that offers technology solutions, Zee Entertainment Enterprises Ltd (ZEEL) said in an official statement.
"By next week, the government will work out the exact arrangement through which the work burden on Parrikar could be reduced," he said.
Century-old club Mohun Bagan was on Saturday slapped with a two-year suspension by the All India Football Federation for abandoning their violence-marred I-League match against East Bengal on December 9.
At the Team Anna meeting in New Delhi, Mufti Shamoon Qasmi, a member of its core committee, stormed out and announced his resignation. In an exclusive interview with Rediff.com, Qasmi blasts the Team Anna leadership.
At the Team Anna meeting in New Delhi, Mufti Shamoon Qasmi, a member of its core committee, stormed out and announced his resignation. In an exclusive interview with Rediff.com, Qasmi blasts the Team Anna leadership.
'The struggle of insurgents and pro-independence political activists is fuelled by a deep conviction that not only is a free Balochistan possible, but they also believe that Pakistan will inevitably break apart, leading to Balochistan's independence.'
Under attack over allegations of financial misconduct and demands for its disbanding, Team Anna on Sunday decided to formulate a constitution for its anti-corruption movement and revamp the core committee after that.
The ministry of information and broadcasting (I&B) on Wednesday held an inter-ministerial meeting with various departments to discuss issues regarding revenue sharing between Big Tech companies and digital news publishers, according to sources. The meeting - chaired by I&B Secretary Sanjay Jaju - invited senior officials from the ministry of corporate affairs (MCA), Competition Commission of India (CCI), ministry of electronics and information technology (Meity) and departments of promotion of industry and internal trade, legal affairs and consumer affairs.
Social activist Anna Hazare will receive an award of Rs 25 lakh from a Delhi-based organisation for his contribution to rural development.
Anna Hazare on Wednesday said he is going to embark on a nation wide movement against corruption from November 30 and will soon form a core committee.
After being overlooked for the India T20I captaincy, Hardik Pandya's leadership future at Mumbai Indians looks to be on shaky ground.
'Unlike in the sporting arena, where sports federations moved from partisan to impartial referees, in Indian democracy's biggest festival, it appears we are moving backward from unbiased and objective to one-sided and partisan,' observes Nilanjan Mukhopadhyay.
Denials poured in on change in the leadership in Karnataka, amid buzz over such a move by the Bharatiya Janata Party high command ahead of the assembly polls next year, as Union Minister Amit Shah was on a day-long visit to take part in various events in Bengaluru on Tuesday.
Elavenil Valarivan and Anish Bhanwala, two of India's finest young shooters, were on Friday named in a 34-member core group for the Tokyo Olympics. The National Rifle Association of India (NRAI) released the list of shooters who will be training separately for the quadrennial sporting extravaganza, scheduled to be held next summer after the COVID-19 pandemic pushed the Games back by a year.
Speaking after the core committee meeting, Yediyurappa said the disqualified MLAs have expressed intention to join the party on Thursday and they would be given the membership.
In fresh turmoil in Team Anna, two prominent activists P V Rajagopal and 'Waterman' Rajendra Singh on Tuesday quit its core committee objecting to the movement taking a "political turn" and claimed that it was mired in confusion.
The Anna Hazare Team on Thursday expressed satisfaction over the venue offered to them by police for holding the indefinite fast against Lokpal Bill even as they denied any going back on their stand on the legislation.
Medha Patkar, a member of Team Anna, on Friday said there was a need for "overhauling" the group as it was facing a number of allegations and many members of the core committee were being targeted. At the same time, Patkar said she will not be attending Saturday's core committee meeting, which Anna Hazare and Justice Santosh Hegde have also decided to skip. "I don't think there is a difference of opinion," she said.
Rajendra Singh and P B Rajagopal, disgruntled members of Team Anna and former aides of activist Anna Hazare, tell Sahim Salim why they have walked out of the core committee
The government, which is celebrating 75 years of India's Independence, has proposed that India@75 tableaux include India's freedom struggle, its achievements, actions and resolves over the past seven decades.
'People feel concerned about the future, whether it is the land or the jobs.' 'The BJP came to power in Assam with promises of maati, bheti (home, hearth and identity), land, jobs and culture.' 'Are these going to taken care of? I think those are real concerns.' 'The Assam chief minister (Sarbananda Sonowal) was one of the leaders of the All Assam Students Union which fought for and is one of the signatories to the Assam Accord.' 'Today, his comrade-in-arms (Samujjal Bhattacharya, chief advisor, AASU) is leading the opposition in the streets.'
India received consular access on at least three occasions to Nikhil Gupta, who is detained in a Czech prison following charges by the United States relating to a foiled assassination attempt on a Sikh extremist.
With the Bharatiya Janata Party deciding to move its Karnataka battleground to Delhi to parade its 105 MLAs before President Pratibha Patil on Tuesday, the Congress core committee, which met on Monday evening, decided to wait and watch the situation and not take any decision in haste.
According to a commerce and industry ministry statement, the growth rate for these eight key sectors for April 2019 has been revised upward to 6.3 per cent from 2.6 per cent reported earlier mainly due to upward revisions in production of coal, crude oil, steel, cement and electricity.
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