The economy is gaining traction with gradual pick up in manufacturing activity and moderation in contraction of services, spurred by comfortable liquidity conditions, an RBI article on Tuesday said. Observing that the retreat of the second wave of coronavirus pandemic has been slow, the RBI in an article on the 'State of Economy' said, the aggregate demand conditions are buoyed by the release of pent-up demand post unlock, while the supply situation is improving with the monsoon catching up to its normal levels and sowing activity gaining pace. "Reaffirming the traction that the economy is gaining, the manufacturing activity is gradually turning around, while contraction in services has moderated.
Sitting MLAs from various political parties in Assam have received extortion demand from the anti-talks faction of the United Liberation Front of Asom.
Images from Thursday's IPL match between Pune Warriors and Kolkata Knight Riders in Pune.
India's first World Cup winning captain is slated to visit the red-and-gold camp to receive its highest honour, Bharat Gaurav, on Thursday.
The Reserve Bank remains laser-focused to bring back retail inflation to 4 per cent over a period of time in a non-disruptive manner, Governor Shaktikanta Das stressed while voting for status quo in interest rates, as per minutes of the October policy meeting released on Friday. The central bank has been mandated by the government to ensure the Consumer Price Index (CPI) based inflation is at 4 per cent, with a band of 2 per cent on either side. The retail inflation, which was above 6 per cent during May and June, has started moving down and stood at 4.35 per cent in September.
The uncertainty created by the jump in COVID-19 infections and localised lockdowns prompted RBI Governor Shaktikanta Das and other members of the rating setting panel MPC to unanimously vote for status quo in interest rates and an accommodative policy stance to support growth, as per minutes of the meeting released on Thursday. "The need of the hour is to effectively secure the economic recovery underway so that it becomes broad-based and durable," the Governor said during the three-day meeting of the Monetary Policy Committee (MPC) which ended on April 7. The renewed jump in COVID-19 infections in several parts of the country and the associated localised and regional lockdowns add uncertainty to the growth outlook, he observed, as per the minutes of the meeting released by the central bank.
Veteran Syed Abbas Ali smashed an unbeaten century to guide Tripura to 228 for six against Andhra Pradesh on the opening day of their Ranji Trophy Group C match in Ananatapur.
Kolkata Knight Riders produced a clinical performance in their concluding group match as they comprehensively thrashed Titans by 99 runs in the Champions League Twenty20.
BCCI president Ganguly said the game has been completely sold-out on the first three days
Kolkata Knight Riders signed up four domestic players, including two from Bengal for the upcoming IPL season five, starting on April 4.
Skipper Gautam Gambhir struck his fourth half-century of the season as Kolkata Knight Riders defeated Chennai Super Kings by five wickets in the Indian Premier League on Monday.
Reserve Bank Governor Shaktikanta Das has pitched for policy support from all sides -- fiscal, monetary and sectoral -- to nurture recovery of the economy hit by the second wave of the coronavirus pandemic. The dent on economic activity due to the second wave of the pandemic during April-May necessitated continuation of monetary measures to support the process of economic recovery to make it durable, Das had said while participating in the meeting of the Monetary Policy Committee (MPC) earlier in the month. "Overall, the second wave of COVID-19 has altered the near-term outlook, and policy support from all sides - fiscal, monetary and sectoral - is required to nurture recovery and expedite return to normalcy," Das said, as per the minutes of the meeting released on Friday.
The committee has also made several recommendations to protect the interests of small and marginal farmers.
Medium pacer Harmeet Singh kept his composure as he bowled a tight final over helping Kings XI Punjab record a thrilling two-run win over Kolkata Knight Riders, in an IPL match, in Kolkata.
68-year-old Goswami was brought to the Guwahati Medical College Hospital late Saturday night after she complained of respiratory problems and was immediately put on ventilation, senior doctor of medicine department Debabrata Goswami said.
The national football players are providing the needy, in their respective localities, monetary aid and food items, besides setting up camps and spreading awareness about social distancing.
Top Left leaders Prakash Karat (Communist Party of India-Marxist), A B Bardhan (Communist Party of India), Debabrata Biswas (Forward Bloc) and Abani Roy (Revolutionary Socialist Party), led the demonstration near Parliament House.
A Trinamool Congress delegation met the Election Commission (EC) on Friday and demanded a high-level probe into an alleged attack on West Bengal Chief Minister Mamata Banerjee in Nandigram and claimed it was not an 'unfortunate incident', but a conspiracy.
India suffered a 0-3 defeat at the hands of United Arab Emirates in a World Cup football second round qualifying match which was marred by two Indians being ejected early on at Al Ain near in Abu Dhabi.
Questioning the government's approach towards Maoists, members of an official panel that had looked into the issue of Left-wing extremism have said that instead of telling the ultras to abjure violence, both sides should declare a ceasefire and create an atmosphere for talks. "If the government is serious enough to alleviate the tribal problem, then it should persuade the Maoists to come for talks," said chairman of the panel and former IAS officer Debabrata Bandopadhyay.
'There are some high-frequency indicators where uptick is visible and some where it is not'
Gogoi's final journey began on Tuesday morning from Gauhati Medical College and Hospital (GMCH), where he breathed his last due to post-COVID-19 complications, to his official residence in Dispur.
East Bengal finally got an investor with West Bengal chief minister Mamata Banerjee announcing on Thursday a joint venture of the century-old club with city-based Shree Cement company and making a strong pitch for its inclusion in the Indian Super League this year.
An Indian PhD student's daughter who braved odds by doing cleaning jobs in a hospital to finance her studies in the UK has been awarded the prestigious VQ Learner of the Year Award.
FC Goa's chief coach Zico will arrive in the state on July 6 to take stock of all new signings.
>The BJP's star campaigner could not help even half the number of candidates for whom he campaigned in his aggressive 'Didi-o-Didi' style in Bengal
A college student was killed and several others injured in a clash between supporters of CPI-M and Trinamool Congress at Nakkatigachh in Cooch Behar district, the police said.
The Left parties will submit by July 10 to President Pratibha Patil their letter withdrawing support to the UPA government, Forward Bloc general secretary Debabrata Biswas said on Monday.
Pranab Bardhan became the oldest man in Indian contingent to win a medal at the 18th Asian Games as he joined forces with Shibhnath Sarkar to clinch gold in men's pair event of the bridge competition.
Although there is headroom for further monetary policy action, at this juncture it is important to keep our arsenal dry and use it judiciously: RBI's Das.
India's schedule at the Asian Games: Day 4
The CAB president's post was lying vacant after former India captain Sourav Ganguly took over the reins of the BCCI.
East Bengal said they will travel to Srinagar for their match against Real Kashmir on February 28 if 'forced' to do so by the AIFF.
A summary of the final day's play in the Ranji Trophy matches across the country.
'They know everyone and have everyone's horoscope. If they feel Himanta Biswa Sarma is the right man for Assam, they will give it to me, if they feel Sarbananda Sonowal is the right man, they will give it to him, or if they feel both of them are not good, let's bring another person'
Myanmar's pro-democracy leader Aung San Suu Kyi will be conferred the first Netaji Subhas Award for her outstanding contribution to the struggle for restoring democracy in her country.
Mohammad Rafi's goal gave the Mumbai side a 2-1 victory in the I-League match at the Cooperage in Mumbai on Sunday.
"I did not get any such letter (announcing withdrawl of support). I learnt about it only through the media. I will speak to Debabrata Biswas (AIFB general secretary) on his party's grievances," Koda said when asked for his reaction.
