The government on Tuesday appointed C S Setty as chairman of the country's biggest lender State Bank of India (SBI) for a period of three years. Setty, currently senior most MD of the bank, will replace incumbent chairman Dinesh Kumar Khara on August 28.
Perhaps because the Modi government had some differences of opinion with two of the economist governors (one of whom was appointed by the Manmohan Singh government), there is a view that its political leadership prefers a civil servant to head the RBI, notes A K Bhattacharya.
The government on Wednesday approved 12 new industrial cities in 10 states on the lines of Greater Noida in Uttar Pradesh and Dholera in Gujarat to boost domestic manufacturing with an estimated investment of Rs 28,602 crore. These industrial areas will be in Khurpia in Uttarakhand, Rajpura-Patiala in Punjab, Dighi in Maharashtra, Palakkad in Kerala, Agra and Prayagraj in UP, Gaya in Bihar, Zaheerabad in Telangana, Orvakal and Kopparthy in AP, and Jodhpur-Pali in Rajasthan, and one in Haryana. A decision in this regard was taken in a meeting of the Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi.
"We should not have a repeat of what happened in Mumbai. That there was a terror attack and there was no response," Jaishankar told reporters in Mumbai.
Boxing's already uncertain Olympic future was thrown into further jeopardy after the sport's Asian governing body voted against leaving the suspended International Boxing Association (IBA) to join the rival association.
Due to the differences in circadian rhythms between the Northern and Southern Hemispheres, some cheetahs developed thick winter coats during the Indian summer and monsoon last year, anticipating the African winter (June to September).
With billionaire Gautam Adani charged in the United States with alleged bribery and fraud, the Congress on Thursday said it 'vindicates' its demand for a Joint Parliamentary Committee investigation into the various 'scams' involving his conglomerate.
Nearly 50 senior doctors of RG Kar hospital on Tuesday tendered their resignations in a mark of solidarity with medics who have been on fast-unto-death since October 5 demanding justice for the institution's rape and murder victim.
The IOC has escalated its feud with the International Boxing Association by effectively asking member countries to de-recognize national federations that remain aligned to the suspended body, a directive that the IBA lambasted as "unacceptable gaslighting".
Chief Justice of India Sanjiv Khanna has recused himself from hearing pleas related to the alleged illegal felling of hundreds of trees in the Delhi Ridge area. The decision comes after a previous bench, led by former CJI D Y Chandrachud, sought a personal affidavit from Delhi Lieutenant Governor V K Saxena in the case, which also sought contempt proceedings against certain DDA officials. CJI Khanna stated that his prior involvement with the Delhi LG while serving as the NALSA chairman would make it inappropriate for him to hear the plea. The bench has ordered the listing of the pleas before a different bench starting November 27.
The highest-ever goods and services tax (GST) evasion has been done by the online money gaming industry.
'A possible post-election growth momentum may be lost.'
The new administrative panel would be elected within two months after convening a general body meeting, it said.
Union Home Minister Amit Shah on Friday appealed to Naxals to give up violence, lay down arms and surrender, saying an all-out operation will otherwise be carried out against them.
'The RBI's MPC will maintain the current policy rates (6.50%) at the policy meeting, given ongoing inflationary pressures.'
Karnataka Bharatiya Janata Party MLC C T Ravi was arrested after a first information report (FIR) was registered against him, for allegedly using a derogatory word against minister Laxmi Hebbalkar in the Legislative Council on Thursday, police said.
Leader of Opposition in the Lok Sabha Rahul Gandhi along with the five other Congress MPs from Uttar Pradesh will visit violence-hit Sambhal on Wednesday, party's state unit chief Ajay Rai said.
The Bharatiya Janata Party (BJP) has alleged that former Congress president Sonia Gandhi has links to an organisation financed by the George Soros Foundation, which has reportedly supported the idea of an independent Kashmir. The party claims this connection demonstrates foreign influence in Indian internal affairs. This comes after BJP's claims of US involvement in destabilizing India, which the US has denied. The BJP also accused Congress leader Rahul Gandhi of collaborating with the Soros-funded OCCRP to damage India's economy and reputation. The allegations have drawn criticism from the US embassy and the opposition Congress.
IOA president P T Usha on Sunday slammed the revolting executive council members, saying they 'seem more focused on self-serving power play and monetary gain'
The auction, a violation of democratic norms, has been condemned by several political leaders. Elections to gram panchayats in Punjab will be held on October 15.
Union Finance Minister Nirmala Sitharaman on Tuesday announced that comprehensive development of Vishnupad Temple corridor at Gaya and Mahabodhi Temple at Bodh Gaya in Bihar will be supported by the government to transform them into world-class pilgrim and tourist destinations. These corridors will be modelled on the successful Kashi Vishwanath Temple Corridor, she said. Vishnupad Temple is one of the most ancient Hindu shrines located next to the Falgu river, while the Mahabodhi Temple is a UNESCO World Heritage Site.
The court emphasised that all parties must comply with Section 16 of the POSH Act, ensuring confidentiality of the identities involved.
The three day MPC meeting began on Monday and the decision will be announced on Wednesday by RBI Governor Shaktikanta Das.
A local court in Ajmer has issued notices to the dargah committee, the Ministry of Minority Affairs, and the Archaeological Survey of India on a plea seeking to declare the shrine of Sufi saint Khwaja Moinuddin Chishti a temple. The petition, filed in September, has sparked a heated debate, with politicians and community leaders weighing in on the potentially volatile issue. The dargah committee has declined to comment, but the Anjuman Syed Zadgan, a body representing the caretakers of the dargah, described the petition as a deliberate attempt to fracture society along communal lines. The petition comes just days after four people were killed in Sambhal, Uttar Pradesh, following a local court ordering survey of a Mughal-era shrine. The Places of Worship (Special Provisions) Act, 1991, which fixed August 15, 1947, as the cut-off date for status quo on the character of religious places, is at the centre of much of the debate. Several politicians, including Union minister Giriraj Singh and PDP chief Mehbooba Mufti, have weighed in on the issue. The Communist Party of India (Marxist) has called the civil court's decision to entertain the petition unwarranted and has asked the Supreme Court to immediately intervene.
Once identified, these individuals are drawn into private groups where they are exposed to manipulative content, including fabricated videos depicting atrocities allegedly committed by security forces, the officials said.
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.
The central government's ambitious Project Cheetah is facing a major problem, with the animals translocated from South Africa developing a "winter cover", a thick coat of fur, in anticipation of African winter, the Supreme Court was told on Monday.
Former wrestler Sakshi Malik made some startling revelations in her her recently-released book titled Witness, claiming that their protest developed cracks when 'people close to' Bajrang Punia and Vinesh Phogat began to fill their minds with 'greed'.
'Some of the astounding proposals, if translated into statutory provisions, would be suicidal.' 'This would not be a wonder cure for increasing insurance penetration and only result in mushrooming growth of players like paan kiosks with deleterious consequences.'
PCB Chairman Mohsin Naqvi on Wednesday said that South African Gary Kirsten ended his tenure as Pakistan white-ball head coach as he made "some breaches" of his contract with the Board.
It is time for the administration to wake up from 'deep slumber' and take appropriate steps to address the condition of Delhi's coaching centres, the Delhi high court has said, while granting interim bail till November 30 to four co-owners of the basement of an Old Rajinder Nagar building that housed a coaching centre where three civil services aspirants drowned in July.
The All India Tennis Association (AITA) on Tuesday suggested that the country's top player Sumit Nagal perhaps deliberately missed the Davis Cup tie against Sweden last week
The central government's Great Nicobar development project, proposed around an unprecedented transhipment port, will be executed to keep environmental impact minimal, and is essential as it is of national importance, the government has said amid calls to abort the controversial project due to ecological concerns, the Centre said in an official statement.
