After attending a meeting in Mumbai with RBI's top brass headed by Governor D Subbarao, Harsha Pati Singhania, president, FICCI, said the real rate of interest remained in double digits despite inflation having declined sharply. "Given the present interest rate structure and the inflation rate, real rate of interest is still in double-digits. With the near-zero rate of inflation, the real and nominal rates of interest are almost at the same level," said another industrialist.
The incident has been widely reported in the British media along with pictures, which show the 28-year-old being pushed away by the Alfie actor who was leaving a celebrity dinner party when the incident occurred.
Match referee Farokh Engineer, who is adjudicating in the slap row involving Harbhajan Singh and S Sreesanth began his hearing at the Maurya Sheraton in New Delhi on Monday afternoon. Besides Harbhajan and Sreesanth, Lalit Modi, Chief Commissioner of the Indian Premier League, and commentator Harsha Bhogle are attending the hearing.
India's most successful captain Sourav Ganguly will start a new innings post-retirement. It will be behind the microphone, as expert analyst for the ICC World Twenty20, commencing in England on Saturday. As per a deal with ESPN-STAR Sports, Ganguly will be part of a commentary panel that includes Ian Chappell, Ian Bishop, Wasim Akram, Sanjay Manjrekar, Harsha Bhogle and Nasser Hussain.
It's going to be a four-day weekend for the officers of five associate banks of SBI - State Bank of Hyderabad, State Bank of Mysore, State Bank of Travancore, State Bank of Patiala and State Bank of Bikaner and Jaipur.
Readers share their special photographs with their mothers.
It is hard to resist this mouthwatering sweet dish.
'Speechless with the tragic news of the passing of my great mate and beloved cricketing man'
Justice Harsha Devani also stayed the bailable arrest warrants issued by the lower court against the five, including film's director Ashutosh Gowarikar. The HC issued notice to state forest department and adjourned the hearing to April 25. The complaint against Khan and others was filed in the court By Deputy Forest Officer J V Vyas, as they had not responded to the several notices sent by the Forest Department asking them to remain present for questioning, sources said.
The seven others who Kodnani wanted to be summoned as witnesses are former BJP MLA Amrish Patel, Jagdish Patel, Lakhabhai Rathod, Dhaval Shah, Dhiraj Rathod, M D Lakhiya and Kantibhai Solanki.
With an epic battle of billionaires for supremacy in one of the world's most prolific markets and a pandemic-propelled surge in online shopping in the background, India's nearly trillion-dollar retail market is hoping to touch 85 per cent of the pre-COVID business in the first half of the New Year. In a year when the COVID-19 carnage ripped apart the retail business, circa 2020 will best go down for the unravelling of the war between Jeff Bezos, the world's wealthiest man, and richest Indian Mukesh Ambani for pre-eminence in the booming market that is estimated to reach $1.3 trillion by 2025. It all started with Ambani's Reliance Industries agreeing in August to buy assets of the nation's second-largest retailer for Rs 24,713 crore, just a year after Bezos' Amazon purchased an indirect stake in the indebted Future Retail.
A fire broke out at a bank in inner circle of the busy Connaught Place area in the heart of New Delhi on Tuesday afternoon but no one was injured.
The government has sacked these officers ranging from the ranks of principal commissioner to assistant commissioner, some of whom were already under suspension.
Reaction after Cricket Australia (CA) banned sacked captain Steve Smith and vice-captain David Warner for 12 months and opening batsman Cameron Bancroft for nine months for their roles in the ball-tampering scandal in Cape Town.
ICC might now look at the possibility of adding new mode of dismissal in the rule books - Bucknored. This is the mode that genuinely describes Rahul Dravid's dismissal on Sunday.
A former Ranji player and national junior selector, his 'Cricket Bar' is his latest tribute to the game.
The BCCI expects Kapil Dev to groom the Indian speedsters who have made it to the bus to Pakistan.
Both Anand and Sethuraman inched themselves up to five points out of a possible seven and shared the joint eighth spot after a rather dull day that witnessed several draws on the top tables.
The three of the total 16 accused were held guilty in an order pronounced on April 20.
Several military veterans said that the "insulting" tweet reflected what civilian officials in the ministry of defence thought about the military.
High-flying with his superman-cap, overnight joint leader Grandmaster Gupta ran out of steam and surrendered to Nakamura on a day when B Adhiban also did well to hold Levon Aronian of Armenia to a creditable draw.
According to the decision, such entities can now first operate through e-commerce and then open brick-and-mortar stores.
WTO's new director general Pascal Lamy, who assumes office on September 1, on Friday selected four deputies including an Indian, Harsha Vardhana Singh, presently secretary of telecom regulator TRAI.
Koratala Siva on the success of his film Srimanthudu starring Mahesh Babu
News Corporation's subsidiary Star India Pvt Ltd has entered into a co-publishing venture with bookseller and publisher Popular Prakashan Pvt Ltd to launch activity books based on two popular shows, 'Shaka Laka Boom Boom' and 'Sonpari.'
The Supreme Court-instituted three-member committee probing the Indian Premier League spot-fixing scandal will speak with banned pacer Shantakumaran Sreesanth, Rajasthan Royals co-owner Raj Kundra and others, including commentator Harsha Bhogle, when it meets for three days in Mumbai, from November 16.
Indian American Aakash Dalal faces 30 years in jail after being found guilty by a New Jersey jury on charges of vandalising and firebombing North Jersey synagogues five years ago.
Demand bounces back but uncertainty over GST rate for jewellery casts a shadow over future.
Ayurvedic FMCG company Emami Ltd has signed a deal with Bollywood megastar Amitabh Bachchan for endorsing its Navratna cool hair oil brand.
Bollywood and cricket stars took to Twitter praising Mumbai Indians and Rising Pune Supergiant for a thrilling finale.
A summary of sports events and sports persons, who made news on Thursday
The hits and misses of the week.
Socila media posts from your favourite Bollywood celebs
Fondly called The Wall, India's former captain has a lot to be inspired from.
How the world reacted to Smith, Bancroft and Lehmann
As the stylish left-hander, Kumar Sangakkara, draws curtains to his illustrious career, here are tributes pouring from him from across the world.
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