'The finance ministry's decision to accept the deficit target of 4.5 per cent in 2025-2026 appears to have emanated from its endorsement of the Finance Commission's view that the Indian economy will continue to remain impacted by the pandemic, adversely undermining its growth potential,' notes A K Bhattacharya.
The Delhi high court has quashed four FIRs lodged for the alleged offences of looting and setting on fire a compound during the North East Delhi riots last year, saying there cannot be a second FIR and fresh investigation for the same cognisable offence.
The tax department will remain a source of endless nightmares for citizens and 'transparent taxation' will remain an empty slogan and a cruel joke, observes Debashis Basu.
Observing that there is liquidity overhand of Rs 13 lakh crore in the system, RBI Governor Shaktikanta Das said on Friday that the exceptional measures undertaken during pandemic will be dealt in sync with macroeconomic developments to preserve financial stability. Since the onset of the pandemic, the Reserve Bank has maintained ample surplus liquidity to support a speedy and durable economic recovery, he said while announcing the outcome of the Monetary Policy Committee (MPC) meeting. The level of surplus liquidity in the banking system increased further during September 2021, with absorption under fixed rate reverse repo, variable rate reverse repo (VRRR) of 14 days and fine-tuning operations under the liquidity adjustment facility (LAF) averaging Rs 9 lakh crore per day as against Rs 7 lakh crore during June to August 2021, he said.
Trading sentiment in the equity markets this week will be guided by global cues, Covid-19 trends and quarterly earnings by market heavyweight TCS, analysts said. Investors will also monitor movement of rupee and crude oil as well as progress of monsoon, they added.
The Supreme Court on Thursday appreciated the decision of the West Bengal Government to withdraw the cases against some persons, including editors of a news web portal, in connection with articles published by them and hoped that it would be followed by other states.
Addressing a gathering of priests and devotees, he said the redevelopment of centres of faith in India shows the country's growing pride in its ancient saints and philosophers like Adi Guru Shankaracharya and Swami Vivekananda.
All members of the Monetary Policy Committee (MPC) -- Shashanka Bhide, Ashima Goyal, Jayanth R Varma, Mridul K Saggar, Michael Debabrata Patra and Shaktikanta Das -- had unanimously voted to keep the policy repo rate unchanged at 4 per cent after the three-day meet of the panel earlier this month. Further, except Varma, other members voted to continue with the accommodative stance as long as necessary to revive and sustain growth on a durable basis and continue to mitigate the impact of COVID-19 on the economy, while ensuring that inflation remains within the target going forward. Varma expressed reservations on this part of the MPC resolution, according to the minutes.
'Congress leaders don't believe in themselves and in the potential of the party.' 'Unless they have faith in themselves, only then will the public have faith in them.'
Supreme Court Judge Justice Indira Banerjee on Friday recused from hearing a plea field by kin of two Bharatiya Janata Party workers, who were killed in poll related violence on May 2 in West Bengal, seeking court monitored probe and transfer of cases to the Central Bureau of Investigation or Special Investigation Team (SIT).
Taruna Bakshi shares healthy winter recipes.
Local trains will be allowed to operate with 50 per cent capacity till 7 pm, while all shopping malls and markets will be allowed to remain open till 10 pm but with half their capacities, he said.
Europe's leading car maker, Groupe PSA, officially announced its re-entry in India this April with the Citroen brand. Citroen C5 Aircross SUV will challenge the likes of Mahindra XUV500, Tata Harrier, Hyundai Tuscon, Jeep Compass and the upcoming MG Hector. The C5 Aircross will be the first of several differentiated products from the company's vehicle manufacturing unit in Tiruvallur, Tamil Nadu.
External Affairs Ministry spokesperson Raveesh Kumar said India rejects all references made by the Turkish President on Jammu and Kashmir, stating that the region is an integral and inalienable part of India.
A bench comprising Chief Justice N V Ramana and Justices D Y Chandrachud and Surya Kant also issued a notice to the Agartala police on the plea filed by advocates, Mukesh and Ansarul Haq, and journalist Shyam Meera Singh against lodging of the FIR.
The Pakistani army had shelled the brigade headquarters and other Indian military formations in Jammu and Kashmir's Poonch on October 23.
The possibility of the use of weaponised drones for terrorist activities against strategic and commercial assets calls for serious attention by the global community, India has told the United Nations General Assembly, a day after two explosives-laden drones crashed into the Indian Air Force (IAF) station at Jammu airport.
Top security czars of India, Russia, Iran and five central Asian countries on Wednesday pledged to work for ensuring that Afghanistan does not become a safe haven for global terrorism and called for the formation of an open and truly inclusive government in Kabul.
Sunil Narine and Varun Chakravarthy, have done an excellent job in restricting the oppositions but KKR's top-order batting has hurt them the most.
There have been calls to boycott the June 16 World Cup face-off against Pakistan at the Old Trafford in the aftermath of the dastardly attack but the Indian cricket board has not taken a call, putting the ball in government's court.
Something seems to be working for Indian consumers. Yet, the Indian consumer expresses some caution this festive season, reveals Mahesh Vyas.
The Reserve Bank's rate-setting panel, Monetary Policy Committee (MPC), began its three-day deliberations on Wednesday amid expectations of a status quo on benchmark rate mainly on account of uncertainty over the impact of the second wave of COVID-19 pandemic. Moreover, the fears of firming inflation may also refrain the MPC from tinkering with the interest rate in its bi-monthly monetary policy outcome to be announced on Friday. The RBI had kept key interest rates unchanged at the last MPC meeting held in April.
The Supreme Court Thursday agreed to hear a plea of two advocates and a journalist seeking quashing of a criminal case lodged under the harsh Unlawful Activities (Prevention) Act provisions against them for allegedly bringing facts through social media posts about the 'targeted violence' against the minority community in Tripura.
BCCI official says while the board has tightened the system further, issues raised by players are swiftly answered by the finance department.
The victim in his police complaint said that his attackers removed his cap and slapped him, while asking him to chant Bharat Mata ki Jai and Jai Shri Ram.
Why didn't the BCCI CEO mention Pakistan in his letter?
The IPL, by giving a large pool of Indian talent the opportunity to compete with the best international players, has also come to be seen as the cauldron that spews out the most exciting talent for not only the shortest format but also the longest and the one in between, says Suveen Sinha.
The road leading from Hanumangarhi to Naya Ghat wore an illuminated look in the evening, with several earthen lamps lit outside shops, houses, guest houses and dharamshalas.
The top court termed the Rs 10 crore compensation paid by the Republic of Italy over and above the payment already made as "reasonable and adequate".
Bilateral ties subject to approval from PMs of both countries, says the BCCI president-elect
Shi explained that she and a group of researchers obtained samples of coronavirus on December 30 last year and performed high-throughput sequencing of the samples and the isolation of pathogens.
The report, however, said it remains watchful of the upside risks to inflation emanating from pass-through of minimum support prices (MSPs), adverse movement in crude oil prices, volatility in global financial markets, lagged impact of the rupee weakness on input prices, adverse implications from fiscal slippage and staggered impact of HRA increases by states and its second-round impact.
The real battle for NEET abolition can take much more time and energy, observes N Sathiya Moorthy.
India has conveyed its concerns to the top security and intelligence officials of the United States, the United Kingdom and Russia over the possible implications of Pakistan's links with the Taliban and various terrorist groups operating in Afghanistan for regional security and stability, people familiar with the development said.
Many in the US establishment must hope that the crisis would put the brakes on China's growing military might. Well, it ain't gonna happen, says T T Ram Mohan, who was appointed a member of the prime minister's economic advisory council on Wednesday, October 28, 2021.
The seat-share progression should worry the BJP. From the previous assembly polls of 2017, through the assembly segments in its favour in the 2019 Lok Sabha polls and now in 2022, the BJP's seat-share has come down from a high 312 to 275 to 255. N Sathiya Moorthy reads the political tea leaves after the UP and Punjab election verdicts.
The US president is deeply grateful for the honour, courage and determination of the US' men and women who served in Afghanistan for almost two decades, as well as the sacrifices made not just by those troops, but also by their families, a senior Biden administration official told reporters during a conference call.
The Taliban have postponed the formation of a new government in Afghanistan for next week, their spokesman Zabiullah Mujahid said on Saturday, as the insurgent group struggles to give shape to a broad-based and inclusive administration acceptable to the international community.
The move will avoid hoodwinking the system and reduce the blind spots, which will ultimately lead to protection of depositors' money.
Aditya-L1 is meant to observe the corona, which are the outer layers of the Sun, extending to thousands of kilometres.
