The Reserve Bank may go for a final 25 basis points increase in the current rate hike cycle next week and a reduction would come in only by the end of third quarter of FY24, economists at Axis Bank said on Wednesday. As per media reports, RBI officials met economists on Tuesday, and the latter have suggested the central bank to go for a 25 basis points hike in key rates. Since May 2022, the RBI has hiked rates by 250 basis points, hurting borrowers and some are already concerned about loan tenors extending beyond their working lives as a result of the hikes.
He also re-opened the issue of a fresh enquiry about the mysterious disappearance of Netaji and felt it would be more effective to have an investigative inquiry by experts to find out the reality.
The counsel also submitted before Rouse Avenue Court on the point of jurisdiction and limitations in the matter. He said the allegations are time barred.
The former Supreme Court employee dubbed on Tuesday as "very frightening" the atmosphere of the in-house inquiry committee and "walked out" raising various objections including denial of her lawyer's presence.
"Just because some political figures are involved, you will not investigate, we will not allow this," said the court adding that it would have appreciated if the police had enquired into specific allegations levelled against each person and then filed the report.
Openly backing the ISL as the country's elite competition for the first time, the Indian FA (AIFF) said its recommendation was based on the Master Rights Agreement it signed in 2010 with its commercial partners Football Sports Development Limited.
Several hours before a protest march, the Jawaharlal Nehru University authorities appealed to its student fraternity to 'reconsider' on account of their safety.
'The CBI should be bifurcated and the CBI's charter should be restricted to anti-corruption cases.'
'The investigation of major criminal cases having national and international implications, and national crimes spread over more than one state may be entrusted to a new national crime bureau,' recommends Dr Madhav Godbole, the former home secretary.
'What this incident must do is provide a renewed impetus to urgently bring in police reforms; changes that will ensure that political patronage and extraneous pressure are reduced to a minimum and allow the police to function independently and honestly,' argues Vivek Gumaste.
Rahul acting as 'agent' of rival firms, BJP alleges as Congress attacks govt on Rafale deal
Kerala Chief Minister Oommen Chandy, who has been under attack from the Communist Party of India - Marxist over the solar panel scam, on Friday met Congress Vice President Rahul Gandhi and discussed the political developments in the state.
The Union finance ministry has asked field officers of the income tax department to not be adversarial to assessees, and to not send high-pitched demands without a proper basis.
Singh also said that lynching incidents have been happening for years and mentioned that the biggest lynchings happened in 1984.
Jawaharlal Nehru University Vice-Chancellor M Jagadesh Kumar has appealed to "all" political parties to not "interfere" in the matters of university, which is caught in a row over an event against the hanging of Parliament attack convict Afzal Guru, and asserted that the varsity is "capable" of dealing with issues internally
The report concluded that she failed to discharge her fiduciary functions to rescue herself to avoid any conflict of interest.
The judge said that permission for prior sanction to prosecute Asthana was not required considering the facts of the case.
Through this mobile application, the handset will be used for authenticating biometrics of customers making Aadhaar enabled payment.
Leaking of official secrets of military operations is treason and those involved in it must be punished, the Congress said on Wednesday on the purported WhatsApp chats of Republic TV editor-in-chief Arnab Goswami and demanded that the prime minister must come clean.
Calling the political condition prevailing in West Bengal "horrible and frightening", Governor Jagdeep Dhankhar alleged on Tuesday that the people of the state do not have the freedom to exercise their franchise fearlessly.
In its essence, GST is a national level system of value added taxation of goods and services, says Shankar Acharya.
'He has been made CM of Uttarakhand because everybody thinks he is not a challenge to anyone.'
The much-delayed Lokpal Bill has finally been passed by both the Houses of Parliament. Following are some important features of the Lokpal and Lokayuktas Bill, 2011, passed by Parliament
The panel has also pointed out lapses on part of the university's security unit, saying it did not make any efforts to stop outsiders from shouting provocative slogans and stop them from leaving the campus.
'The Modi government has been taking credit for improvement in respect of the ease of doing business in India.' 'But when I look at the scams I cannot help feeling that it is too easy to do business with banks in India, if one is a Harshad Mehta, Vijay Mallya or Nirav Modi and their tribe,' says former Union home secretary Madhav Godbole.
Senior IAS officer B K Prasad, who probed the Ishrat Jahan missing files case and was at the centre of a row after a report alleged he was 'tutoring' a witness, on Thursday got a new Secretary-level posting for a two- year period.
Theft of gold from five packets had been reported to the police on January 16, 20, April 30.
Minister of State for Shipping Pon Radhakrishnan said the vessel had more than 32,000 tonne of oil and has been emptied.
The apex court said the present CBI director would head the special investigation team which would look into the report of the apex court-appointed panel headed by M L Sharma, a former special director of the agency, that had prima facie indicted Sinha in the matter.
Congress leaders have hit out at the BJP governments at the Centre and in Karnataka, questioning its timing.
A three-member fact-finding team of the Bharatiya Janata Party, that was going to visit the violence-hit areas of Malda district in West Bengal, was detained at the Malda railway station.
The court dismissed a plea seeking cancellation of registration of AAP for allegedly using forged documents.
Eight women died and 52 others have been hospitalised due to botched surgeries at a government-organised sterilisation camp in Chhattisgarh's Bilaspur district.
'She was either overconfident that nothing will happen to her or she underestimated the gravity of the allegations.'
'It is not impossible that there will be some arrangement with the Congress in West Bengal after the ongoing local body polls.'
"We will work out the parameters then we will see as to how mentioning will be done," he said.
Radhakishan Damani is the only billionaire to see his wealth grow by around 20% during the lockdown.
A Texas company will submit a report by June on whether a company controlled by RIL 'stole' natural gas from the wells where ONGC is contracted to operate in the KG basin, as alleged by ONGC.
Chennai Super Kings and Rajasthan Royals were suspended from the Indian Premier League for two years for betting activities of their key officials, Gurunath Meiyappan and Raj Kundra, during the 2013 season of cash-rich Twenty20 cricket tournament.
Judge Jagdale halted Dr Gupta's testimony several times because he felt it had neither order nor direction. Tightly controlling his irritation, his lips compressed, the judge explained as patiently as he could: "What he has done in this case should come (out in his testimony) in a lucid manner. You eat chapati and then rice. You cannot eat half a chapati and then have rice and then eat half a chapati..." "He is not a witness of facts. He is an expert witness. Either he is not prepared. Or you are not prepared."
'From what I hear this sister Manjula Shetye was called into the office which is far away from the barracks.' 'Even when I was there, inmates were taken to this office and beaten up mercilessly.'
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