In a tightening cycle, a premature pause in monetary policy action would be a costly policy error, Reserve Bank Governor Shaktikanta Das opined while voting along with five other members of the MPC for raising the key lending rate by 35 basis points earlier this month, according to the minutes of the meeting released on Wednesday. Prior to the December hike in repo rate, the RBI had raised the key short-term lending rate by 190 bps in four tranche.
The court also directed the state to pay a compensation of Rs 17 lakh to the family of the deceased doctor.
Jamshedpur FC now have 34 points, while FC Goa tally 33.
Former Bangladesh opener Imrul Kayes reckons the absence of Jasprit Bumrah will provide his team an opportunity to put India's pace attack under pressure.
A Kolkata court on Saturday convicted prime accused Sanjay Roy of raping and murdering an on-duty doctor at the state-run RG Kar Medical College and Hospital, 162 days after the crime that sparked nationwide outrage and led to prolonged protests.
Adding to Manipur's joy, L Nilam Devi secured the bronze medal, ensuring two podium finishes for the state.
The police had cited suspicion about the involvement of more persons in the crime as one of the grounds for seeking the arrested accused's custody in the remand application, the official said without elaborating further on the matter.
Despite not securing a win at the 2025 Golden Globe Awards, All We Imagine As Light Director Payal Kapadia expressed gratitude for the experience and the memories.
Reserve Bank Governor Shaktikanta Das on Wednesday pitched for higher investment in infrastructure and reforms in labour and product markets to achieve sustainable growth post-pandemic. Addressing AIMA National Management Convention, Das underlined the need for increased investment in healthcare education, digital and physical infrastructure to ensure sustainable growth and generate employment opportunities.
The Gujarat police arrested filmmaker Avinash Das on Wednesday in a case related to sharing on Twitter a photo of Union Home Minister Amit Shah with arrested IAS officer Pooja Singhal, an official said.
Senior bankers anticipate discussions on issues related to technology, cyber security, and customer protection.
Rohit Sharma's poor form in red-ball cricket continued as he fell for a 19-ball 3 before Mumbai conceded a first-innings lead against Jammu and Kashmir
Three Hindu temples were vandalized by a mob in Bangladesh's Chattogram on Friday, following protests and violence sparked by the arrest of a former ISKCON member on sedition charges. The attack occurred in the port city's Harish Chandra Munsef Lane, where the Shantaneshwari Matri Temple, the nearby Shoni Temple, and the Shantaneshwari Kalibari Temple were targeted. Temple authorities reported that a group of hundreds threw brickbats at the temples, causing damage to the Shoni Temple and the gates of the other two. The incident has triggered diplomatic tensions between India and Bangladesh, with both countries expressing concerns over the safety of their respective minorities.
Akash Kanojia, a driver from Thane, was detained by the Railway Protection Force (RPF) in Durg, Chhattisgarh, as a suspect in the attack on actor Saif Ali Khan. After the real attacker was arrested, Kanojia was released but claims the police's actions have "ruined" his life, causing him mental trauma, job loss, and a broken engagement. He says he wants justice for the ordeal.
The Indian government has defended the use of Amritsar as a deportation hub for US flights carrying Indian deportees, despite objections from Punjab Chief Minister Bhagwant Mann. Government sources said Punjab has the highest number of deportees among Indian states, with 126 out of 333 people deported since February 5. The sources added that 23 flights carrying Indian deportees have arrived in the country since May 2020, all landing in Amritsar. The move has sparked controversy, with opposition parties protesting the treatment meted out to the deportees and demanding that the Indian government take up the issue with the US. Mann has accused the Centre of trying to defame Punjab and said a holy city like Amritsar should not be made a "deport centre".
Will allowing business correspondents to hawk insurance products help in reviving 5-lakh strong field agents as a viable channel?
The two leaders had a complex relationship yet formed a partnership and even after their parting of ways, the two admired each other in their efforts for India's freedom.
A Bangladeshi national, arrested for the knife attack on Bollywood actor Saif Ali Khan, entered India illegally seven months ago and used a fake Aadhaar card to procure a SIM card before moving to Mumbai, police said. The accused, Shariful Islam Shehzad Mohammad Rohilla Amin Fakir (30), was arrested from Thane for the stabbing incident at Khan's residence in Bandra. Fakir, who changed his name to Vijay Das, crossed the Dawki River to enter India illegally and used the Aadhaar card of a local man in West Bengal to procure a SIM card before moving to Mumbai in search of a job. He also tried to get an Aadhaar card for himself but failed. In Mumbai, he worked at places where he didn't need to furnish documents, with a labour contractor helping him get housekeeping work in pubs and hotels in Worli and Thane.
Jamshedpur FC dominated Mohammedan SC in their Indian Super League match, securing a 2-0 victory.
A man who was detained in Chhattisgarh's Durg railway station in connection with the January 16 Saif Ali Khan attack case was released on Sunday. Mumbai police earlier arrested a 30-year-old man from Thane near the metropolis in the case. The man detained from the Mumbai LTT-Kolkata Shalimar Jnaneshwari Express at Durg station on Saturday afternoon was just a suspect and he has been released after inquiry. Mumbai police said it had arrested alleged attacker Mohammad Shariful Islam Shehzad, a Bangladeshi national who had illegally entered India and changed his name to Bijoy Das. As per preliminary probe, he had entered the Bollywood star's home, in Satguru Sharan building in Bandra, in the early hours of January 16 with the intention of theft, police said in the metropolis. Khan (54) was stabbed multiple times in the attack, after which he underwent a five-hour surgery in nearby Lilavati Hospital.
India needs to address Bangladesh's longstanding concerns to improve bilateral ties between Dhaka and New Delhi, Hossain said adding: Bangladesh's previous (ousted) government addressed the concerns of India, but India did not address Bangladesh's concerns.
Saints and seers gathered at the Triveni Sangam for the 'Amrit Snan' on the occasion of Basant Panchami on Monday cautioned political leaders against misusing Sanatan Dharma and spreading rumours for political gain, and praised Chief Minister Yogi Adityanath over arrangements at the Maha Kumbh.
Seasoned bureaucrat and a stickler for rules Finance Secretary Tuhin Kanta Pandey will be at the helm of capital market regulator, Securities and Exchange Board of India (SEBI), for three years. The 1987-batch Odisha-cadre Indian Administrative Service (IAS) officer, Pandey, would replace Madhabi Puri Buch, whose three-year term ends on Friday.
Sehwag mistakenly retweeted the video, only to delete it after the goof-up was brought to his notice.
'No woman is stronger than one who acknowledges her vulnerabilities.'
The Reserve Bank on Wednesday announced the increase of the UPI Lite wallet limit to Rs 5,000 and per-transaction limit to Rs 1,000, in order to encourage wider adoption of the popular instant payment system through mobile phones. A limit of Rs 500 per transaction and an overall limit of Rs 2,000 per UPI Lite wallet, is presently applicable, with the facility of auto-replenishment. Unveiling the October bi-monthly monetary policy, Reserve Bank Governor Shaktikanta Das also said the per-transaction limit in UPI123Pay will be enhanced to Rs 10,000 from the current Rs 5,000.
Olympic champion Elaine Thompson's mentor Jerry Holness joins as Indian women's 400m coach
'The BJP lacks a credible mass leader who matches Mamata Banerjee's popularity.' 'Given the division of votes among Opposition parties, the West Bengal government's dole-giving strategy, and the consolidation of the poor, significant sections of scheduled caste groups and Muslim minorities behind the ruling party, it will be difficult to dislodge the Trinamool from power.'
He was being brought to Ahmedabad for further action, the official said.
West Bengal Chief Minister Mamata Banerjee alleged that some of the 95 Indian fishermen released by Bangladesh after being arrested for illegally entering its waters were beaten up in jail. Banerjee, who was in Sagar Island to oversee preparations for the upcoming Ganga Sagar Mela, felicitated the fishermen and described them as "victims of circumstances". She said some fishermen were limping and told her they were assaulted in jail with their hands tied, resulting in injuries below the waist and legs. She also announced two schemes to help fishermen in the state: 'Samudra Sathi' and 'Matsajibi Bandhu'.
Bangladesh will be without premier all-rounder Shakib Al Hasan for the ICC Champions Trophy after the veteran was excluded after getting suspended from bowling in all competitions.
Reserve Bank Governor Shaktikanta Das on Thursday described cryptocurrencies as "clear danger" and said that anything that derives value based on make believe, without any underlying, is just speculation under a sophisticated name. The government is in the process of finalising a consultation paper on cryptocurrencies after gathering inputs from various stakeholders and institutions. Reserve Bank of India (RBI) has been flagging concerns about cryptocurrencies, which are seen as a highly speculative asset.
On the 94th anniversary of the revolutionary giant's martyrdom, Utkarsh Mishra revisits the events of February 27, 1931.
Firodia talked about his plans for the EV-components business, and the components business at large for the group
Meanwhile, multiple fingerprints of the accused have been collected from various spots from actor's building, police said.
When it comes to running between the wickets -- which is exactly what an FM and a governor do -- Jadeja always defers to Dhoni's larger judgement of the situation and the needs of the team, observes T C A Srinivasa-Raghavan.
Towards the end of February, the Reserve Bank of India (RBI) restored the risk weighting on banks loans to non-banking financial companies (NBFCs; including to microfinance institutions, or MFIs) to 100 - back to its November 2023 position - from 125. It is only a partial relief though. "Higher risk weighting on unsecured lending continues to be in place while the same on bank funding to NBFCs has been done away with. "This is a positive step by RBI," says Rajiv Sabharwal, managing director (MD) and chief executive officer (CEO), Tata Capital.
Reserve Bank Governor Shaktikanta Das on Monday said despite the latest headwinds arising from the Jackson Hole summit leading to extreme volatility, our banking system and financial markets are strong enough to withstand such pressures. Taking the markets by surprise, US Fed chair Jerome Powell had told the annual Jackson Hole summit of central bankers and economists last week that he would have to keep raising federal fund rates to tame inflation, which remains the biggest challenge to the world's largest economy. He also warned of the pains that such monetary policy actions would create on growth and jobs.
Preliminary investigation suggests that he climbed the stairs to the seventh-eighth floor of the building where Khan and his actor wife Kareena Kapoor live with their children and domestic staff.
A man allegedly gate-crashed his niece's wedding reception in Maharashtra's Kolhapur district and mixed poison in the food prepared for guests as he was against her marriage, police said on Wednesday.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances