The government on Tuesday appointed three external members -- Ram Singh, Saugata Bhattacharya and Nagesh Kumar -- to the RBI's rate-setting Monetary Policy Committee for four years. The central government has reconstituted the Monetary Policy Committee (MPC) of RBI, the finance ministry said in a statement. Ram Singh is the director of the Delhi School of Economics, Saugata Bhattacharya is an economist, and Nagesh Kumar is the director and Chief Executive, Institute for Studies in Industrial Development, New Delhi.
Equity markets this week will take cues from global trends, trading activity of foreign investors and quarterly earnings, with TCS kick-starting the results calendar on Thursday, analysts said.
Ahead of the introduction of bills on holding simultaneous polls, the government Tuesday said the concept is not new to the country.
A suspected Pakistani terrorist and a Central Reserve Police Force jawan were killed following the terrorist attack on the village near the International Border (IB) on Tuesday evening, which also left a civilian injured.
In the Union Budget for Financial Year 2023-24 (FY24), Finance Minister Nirmala Sitharaman had held forth on the need for better governance and investor protection in the banking sector. She had proposed certain amendments to the Reserve Bank of India Act (RBI Act), 1934; the Banking Regulation Act (BR Act), 1949; and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970.
'Let Fadnavisji prove to the people of Maharashtra that he acts fairly against one and all.'
Declaring the Telangana government's support to the Telugu film industry, Chief Minister A Revanth Reddy on Thursday said the former would take steps to make Hyderabad a destination for international film shootings.
In 2025, Indian firms may face higher premiums for fire and engineering insurance covers as reinsurers are likely to revise rates due to rising claims from catastrophic events and higher loss ratios, according to people in the know.
The executive committee approved a few suggestions that were earlier forwarded to it by the competitions committee, the first of which was concerning the senior men's national football championship for Santosh Trophy.
Simultaneous polls will help save resources, spur development and social cohesion, deepen "foundations of democratic rubric" and help realise the aspirations of "India, that is Bharat", the panel had said.
Ratra, a former Indian wicketkeeper-batter, brings with him a wealth of experience and an impressive track record in both domestic and international cricket.
A day after he hit the spotlight with a comment on parents and sex, trouble mounted for influencer Ranveer Allahbadia on Tuesday with Mumbai police at his doorstep, YouTube pulling down the episode of 'India's Got Latent' and the issue being raised in Parliament.
'It was specifically mentioned in the Gadgil Committee report that this particular area where the colossal landside happened now should be in the Environmentally Sensitive Area under Zone 1.' 'Zone 1 is the most important and ecologically sensitive area, and that it has to be protected entirely.' 'At least 90% of the Wayanad disaster is man-made.'
'Nearly 10 million people will benefit from the increase in the rebate limit for those earning up to Rs 12 lakh.' 'We expect all that money will come back into the economy in either savings, consumption, or investments.'
During his recent appearance on the show, Ranveer Allahbadia asked a contestant whether they would rather watch their parents have sex for the rest of their life or join them once and put a stop to it.
Delhi recorded a voter turnout of over 19 per cent in the first four hours of polling on Wednesday across 70 assembly constituencies, with the highest voter participation witnessed in North East district.
The Maharashtra government has terminated the services of two members of the Juvenile Justice Board (JJB) in Pune in connection with bail given to a juvenile accused in the Pune Porsche crash case, officials said on Thursday.
The Reserve Bank of India's (RBI's) interest rate decision, West Asia conflict and trading activity of foreign investors are the key factors that will dictate investors' sentiment in the market this week, analysts said. Moreover, quarterly earnings from IT bellwether TCS, domestic macroeconomic data and movement in global oil benchmark Brent crude would also guide trends in the market. Worsening tensions in the Middle East and foreign fund outflows were the major culprits behind the equity markets sharp fall last week.
'Today, let us reaffirm our commitment to strive to realise Gandhiji's dreams. His watchwords, truth and nonviolence, will continue to remain relevant for the whole world. He also taught us that rights and duties are but the two sides of the coin - indeed, the true source of rights is duty. Today we recall his lessons in compassion too - compassion not only for our human neighbours but also for our other neighbours, namely, flora and fauna, rivers and mountains.'
The government is proposing to use Artificial Intelligence and other innovative methods to check traffic violations and ensure that penalties are levied accurately, Union minister Nitin Gadkari said on Thursday. Addressing the 12th edition of the Traffic InfraTech Expo, the minister outlined plans for upgrading toll collection methods, including the exploration of satellite toll systems, which would improve efficiency and ensure transparency in toll collection. Gadkari noted that road safety cannot be achieved without integrating advanced engineering solutions, enforcement of laws, and the adoption of cutting-edge technologies like Artificial Intelligence (AI).
On its 177th anniversary, Utkarsh Mishra explores the history and relevance of The Communist Manifesto.
The cabinet of the new government led by Rekha Gupta balances representation of all major communities that propelled the Bharatiya Janata Party to power in Delhi with a massive majority after over 26 years.
Will allowing business correspondents to hawk insurance products help in reviving 5-lakh strong field agents as a viable channel?
Farmer representatives and agricultural stakeholders urged the government to provide cheaper long-term credit, implement lower taxes, and double the PM-KISAN income support during a comprehensive pre-budget consultation with Finance Minister Nirmala Sitharaman on Saturday. The two-hour meeting saw a detailed discussion of proposals, aimed at addressing multiple challenges in the agricultural sector, with key demands focusing on financial relief, market reforms, and strategic investments.
Global factors and FII activity will dictate trends in domestic equity markets this week while assembly poll results of Maharashtra and Jharkhand may impact stocks on Monday, say analysts. Stock markets witnessed a spirited recovery on Friday with benchmark Sensex and Nifty notching the best single-day gains in more than five months and offering relief after weeks of correction.
The Bharti Kisan Union (Krantikari) has criticized the Punjab government for issuing arrest warrants against 25 farmers and adding an attempt to murder charge in the FIR related to the 2022 prime minister security breach incident. The union claims the farmers were protesting peacefully and had no knowledge of the prime minister's route. They argue the government is acting under pressure from the central government.
The Budget should undertake further reductions in import tariffs and seriously consider an announcement of India's intention to join one or both of the two Asian mega-regional free trade agreements, suggests Shankar Acharya, former chief economic adviser to the Government of India.
Senior Congress leader and former Rajasthan chief minister Ashok Gehlot said the proposed scheme would be a game-changer as it will provide comprehensive health coverage to families, covering medical expenses for critical illnesses, hospitalisations, and treatments.
The Reserve Bank on Monday said asset quality of banks improved further and their gross non-performing assets (GNPA) or bad loans ratio declined to a 12-year low of 2.6 per cent in September 2024 on the back of falling slippages and steady credit demand. The RBI also flagged concern over a sharp rise in write-offs, especially among private sector banks (PVBs), which could be partly masking worsening asset quality in unsecured lending segment and dilution in underwriting standards.
Facing criticism from the government over the central bank prioritising inflation over growth, the new RBI Governor Sanjay Malhotra on Monday said that prospects of the Indian economy are expected to improve on the back of high consumer and business confidence in 2025. "As we strive to preserve financial stability to support a higher growth path for the Indian economy, our focus remains steadfast on maintaining stability of financial institutions and, more broadly, systemic stability," Malhotra said in foreword to the Financial Stability Report.
'Going forward, the encouragement would be to move to the new tax regime.'
Small things were changed in the Indian Davis Cup set-up for the tie against Togo and it was evident that they made a difference.
The decision to suspend the IMA membership of Ghosh, who is the vice president of the association's Kolkata branch, was taken by its disciplinary committee.
The ministry of home affairs has constituted a committee that is to be headed by the ADG, Border Security Force, Eastern Command to monitor the current Indo-Bangladesh Border situation.
Shaktikanta Das will demit the office on Tuesday after completing six years as the 25th Governor of the Reserve Bank of India. Revenue Secretary Sanjay Malhotra will replace him as the 26th Governor. He was appointed as the Governor on December 12, 2018, after the abrupt exit of Urjit Patel.
Indian Olympic Association (IOA) President PT Usha on Tuesday insisted that its commitment to host the 2036 Summer Games "remained steadfast" despite the "internal challenges" her organisation has been facing due to her feud with the Executive Council members.
The Mahayuti landslide in Maharashtra will leave the state assembly without a leader of opposition as no party outside the ruling alliance has been able to get the mandatory minimum 29 seats.
Students at Udai Pratap College in Varanasi, India, protested demanding the removal of a mosque located on the campus. The protest came after tensions arose when a section of students recited Hanuman Chalisa near the mosque while prayers were being offered. The college administration has denied claims by the Uttar Pradesh Sunni Central Waqf Board that the mosque and surrounding land are Waqf property, stating that the mosque was built illegally. The college administration has also accused the mosque of stealing electricity.
The government has not set up any committee to probe allegations a US short seller labelled against the Adani Group, but stock market regulator SEBI is investigating market allegations against the group, the Lok Sabha was informed on Monday. A separate investigation into imports of Indonesian coal by the conglomerate hasn't reached finality, Minister of State for Finance Pankaj Chaudhary said. Lok Sabha saw several questions being put by MPs to the government on the Adani issue, which were replied through written responses by the minister.
Amid escalating tensions over the Sinjauli mosque in Shimla, a Muslim welfare committee on Thursday urged the municipal commissioner to seal the unauthorised portion and also offered to demolish it in accordance with a court order.
