The Reserve Bank is likely to maintain status quo on interest rates in its forthcoming monetary policy review but may change the stance in view of retail inflation piercing its upper tolerance limit, global uncertainties created by the ongoing Russia-Ukraine war, and the urgency to protect and boost growth, feel experts. The RBI governor-headed rate setting panel -- Monetary Policy Committee (MPC) -- will be holding its first meeting of the 2022-23 fiscal from April 6 to 8. The outcome will be announced on April 8.
"Now I get credit for the idea which actually I neither invented nor actually believed in," he said.
The panel suggests the government be authorised to raise the thresholds, which trigger applicability of Corporate Social Responsibility provisions.
No other corporate house in India is in a better position than Tata group for the takeover of debt-laden airline Air India, former deputy chairman of erstwhile Planning Commission Montek Singh Ahluwalia said on Thursday. Tata Sons has emerged as the top bidder for the takeover of the state-run airline but the bid is yet to be approved by a group of ministers headed by Home Minister Amit Shah. "You can't have a better corporate, with a better position than the Tatas, we can hand it (state-run airline Air India) over," he said while replying to a question in a virtual event.
Bombay House turns evangelist for new Tata products.
The top panel has built-in tweeters that help in spreading the sound wider, says Erick Massey.
Noted housing finance expert Deepak Parekh will head an eight-member committee appointed on Tuesday by the ministry of housing and urban poverty alleviation to discuss the draft guidelines of government's ambitious Rajiv Awas Yojana which aims to make the country slum-free.
These self-appointed well-wishers of AMU are basically for the control or police model of university governance. They have no faith whatsoever in the democratic functioning of the universities, observes Faizan Mustafa, former dean, Faculty of Law, and Registrar, Aligarh Muslim University.
The first all electric Mercedes AMG launched in India
The recommendation, if implemented, is likely to face opposition from the government's key support base among Hindu traders and businesspersons.
GST rates on under-construction houses maybe reduced from 12 pc with input tax credit to 5 pc without ITC. Similarly, the rate for under-construction affordable houses could come down to 3 per cent without input tax credit, from the current 8 per cent.
Michael Dalvi, who played first class cricket for Delhi, Tamil Nadu and Bengal, once hit a century against a fiery Malcolm Marshall and the West Indies. At 77, he has a razor sharp memory, a ready wit and is a rare cricketing treasure.
A Parliamentary Committee has expressed serious concern over 855 vacant posts in the country's premier investigation agency Central Bureau of Investigation and recommended strategic steps on a war-footing to fill them.
Pavitra Punia gets pulled up by host Salman Khan while Naina Singh bids adieu to the show.
Finance Minister Nirmala Sitharaman on Tuesday said the government is working out a new Bill on cryptocurrency which will be placed in the ongoing session of Parliament after approval of the Union Cabinet. The ongoing winter session is scheduled to end on December 23. Replying to a series of questions in the Rajya Sabha, she said the new Bill takes into account the rapidly changing dimensions in virtual currency space, and incorporate features of the earlier Bill that could not be taken up.
While sport climbing made its debut in the Olympics only this year, it has had a popular home in India for many years now.
'All Shatabdis and Rajdhanis should be converted to this type of high-speed train.' 'There should be a sleeper version of the train.' 'Right now, there is only a day version of the train.' 'Unless you develop a sleeper version, it will not be possible to replace the Rajdhani.' 'Work on the sleeper version was stopped for some reason. It should be revived now.'
Success in Karnataka's assembly polls will hinge on two factors: Drop a large number of incumbent MLAs and project Modi and not the state leaders, least of all Bommai.
The move assumes significance as the government decided to go ahead with the formation of the search committee despite Congress leader in Lok Sabha, Mallikarjun Kharge, boycotting meetings of the Lokpal selection panel.
Amid the pandemonium and chaos, which many senior members termed as a "black mark" and "unprecedented" in the House's century old history, it was adjourned sine-die within minutes after it met for the day.
The Insurance Regulatory and Development Authority (Irda) has constituted a seven-member committee on health insurance for senior citizens.
Police produced Saeed and his four aides before the board at Lahore registry of the apex court.
Alleged Rashtriya Swayamsevak Sangh activist Sunil Joshi wanted to kill Justice U C Banerjee who headed an inquiry commission on Godhra train burning case, and had even conducted reconnaissance of his house in Kolkata, according to a witness in the 2006 Malegaon blasts case.
Abhishek Manu Singvi, chairman of 30-member Standing Committee of Parliament, on Wednesday adopted the Lokpal draft for consideration and approval by the union cabinet before it is tabled in both houses in the form of an anti-corruption bill.
Union Ministers Smriti Irani and D V Sadananda Gowda have been dropped from Inter-State Council, official sources said on Wednesday.
The bench said, "It is not an issue which can be taken up through an election petition and therefore, requires to be heard."
Justices Dilip B Bhosale, Pradip Kumar Mohanty, Abhilasha Kumari and Ajay Kumar Tripathi have been appointed as judicial members in the anti-corruption ombudsman.
Friday is the last day of Winter Session.
"The situation has become irretrievable", Azad, 73, said in his parting shot to Sonia Gandhi, whose trusted confidante he remained right from the time of Sitaram Kesri's unceremonious exit as the party's chief in 2000.
A team of the National Commission for Women (NCW) on Sunday met the family members of a woman who died after being brutally raped, and also visited the crime spot as well as the hospital where she was treated, a police official said.
Taking a leaf from the US, Canada and the UK, where students and research scholars get to work with Parliamentary panels, Lok Sabha Speaker Sumitra Mahajan is pushing for induction of interns in the Parliamentary standing committees.
Both Houses of Parliament were rocked recently over the issue with members alleging distortions in the books portraying patriots and certain castes in bad light.
Vice President Dhankar's and Law Minister Rijuju's recent interventions have the danger of destabilising the Constitutional equilibrium, cautions N Sathiya Moorthy.
Elections for 18 of these 24 seats were deferred due to the coronavirus pandemic. Of these 18 seats, four each are from Andhra Pradesh and Gujarat, three each from Madhya Pradesh and Rajasthan, x'two from Jharkhand, and one each from Manipur and Meghalaya.
In his letter to Lok Sabha Speaker Om Birla, Tharoor took strong objection to Dubey's remarks on Twitter that 'the Chairman of Standing Committee does not have the authority to do anything without discussion of the agenda with its members'.
Protest in the House that day was prompted by the National Democratic Alliance agitation against price rise, which found its echo in both Lok Sabha and Rajya Sabha after the opposition members formed a human chain outside Parliament complex to denounce the government's failure to check the price spiral.
Asim's brother Umar sets the record straight.
The inflation target of the RBI would be reviewed once every five years.
The Bills adopted in 2017 for the same purpose during the AIADMK regime did not get the President's assent.
