The Reserve Bank on Wednesday retained the retail inflation projection at 4.5 per cent for fiscal 2024-25, with Governor Shaktikanta Das stressing that the central bank will have to closely monitor the price situation and keep the "inflation horse" under tight leash lest it may bolt again. Unveiling the October bi-monthly monetary policy, the Governor also said the flexible inflation targeting (FIT) framework has completed 8 years since its introduction in 2016 and is a major structural reform of the 21st century in India.
Opposition MPs in the parliamentary committee scrutinising the Waqf (Amendment) Bill are scheduled to meet Lok Sabha Speaker Om Birla on Tuesday to protest its chairperson Jagdambika Pal's alleged 'unilateral' decisions and attempts to 'bulldoze' proceedings, indicating that they may disassociate themselves from the panel.
Naxalites blew up the mini-goods van in which the security personnel were travelling by using an Improvised Explosive Device (IED), police sources said.
In his maiden public speech eight months after announcing the launch of TVK, Vijay said the late veterans MG Ramachandran and NT Ramarao were ridiculed as mere cinema actors when they made their political plunge "but they continue to remain in the hearts of the people" of the respective states, i.e Tamil Nadu and Andhra Pradesh.
rediffGURU Radheshyam Zanwar, founder of Zanwar Classes, helps aspirants prepare for competitive exams such as MHT-CET, IIT-JEE and NEET-UG.
Reliance Industries Limited has been granted approval to set up a battery manufacturing facility for up to 10 GW under the Rs 3,620 crore-Production Linked Incentives (PLI) scheme for ACC Battery Storage, the government said on Wednesday. The Ministry of Heavy Industries had received bids from seven bidders under global tender for Production Linked Incentives (PLI) scheme for 10 GWh Advanced Chemistry Cell (ACC) manufacturing, with a maximum budgetary outlay of Rs 3,620 crore, announced on January 24, 2024.
Unemployment rate for persons aged 15 years and above has remained unchanged at 3.2 per cent in July 2023 to June 2024, according to the labour force survey annual report released on Monday. The unemployment rate (UR) is defined as the percentage of persons unemployed among the persons in the labour force. The report stated that while the UR for male has shown a marginal decline from 3.3 per cent during July 2022 - June 2023 to 3.2 per per cent during July 2023 - June 2024, among female it has increased from 2.9 per cent to 3.2 per cent during the same time span.
The Reserve Bank of India (RBI) on Monday directed banks and non-banking financial companies (NBFCs) offering gold loans to thoroughly review their policies, processes, and practices to identify any gaps. The central bank also told them to closely monitoring their gold loan portfolios amid significant growth observed in this segment vis--vis some lenders. Additionally, the RBI, through a circular, instructed these lenders to ensure adequate controls over outsourced activities and third-party service providers.
The board of Reliance Industries Ltd on Thursday approved issuing 1:1 bonus shares -- the first bonus issue in seven years. Reliance, the nation's most valuable company, had last issued bonus shares in September 2017.
Hitting back at the Election Commission after it dismissed allegations about slowing down the updating of Haryana election results, the Congress on Tuesday said the poll watchdog's reply degrades the conversational level to an 'unacceptable low' and 'misrepresents crucial facts' in a vein similar to that done by the Bharatiya Janata Party.
In her oeuvre, Han Kang confronts historical traumas and invisible sets of rules and, in each of her works, exposes the fragility of human life.
The highest-ever goods and services tax (GST) evasion has been done by the online money gaming industry.
Khedkar, who was from the 2023 batch, has been accused of cheating and wrongly availing Other Backward Classes and disability quota benefits to ensure her selection in the government service.
A seven-kilogram improvised explosive device (IED) was detected on Sunday near the crowded general bus stand area in Jammu, averting a major tragedy and a plan by terrorists to set off an explosion on the second anniversary of the 2019 Pulwama attack, officials said.
Once we break free of the idea that land is scarce, real estate is just a pile of bricks, steel, and glass. Any price surge will kick off a supply response, which kills off the possibility of sustained price appreciation, points out Ajay Shah.
The NIA had arrested Mussavir Hussain Shazib and Adbul Matheen Ahmed Taahaa from Kolkata for their alleged role in March 1 blast at Rameshwaram Cafe here, which left 10 people injured.
The Reserve Bank of India (RBI) on Wednesday issued a draft framework for alternative authentication mechanism for digital payments, wherein it has mandated that all digital payment transactions would have to be authenticated with an additional factor of authentication (AFA), except small value contactless card payments for up to Rs 5,000 at point of sale terminals, e-mandates for recurring transactions, and small value digital payments through offline mode, among others. Additionally, it has said that all digital payment transactions, other than card present transactions, have to ensure that one of the factors of authentication is dynamically created, i.e., the factor is generated after initiation of payment; is specific to the transaction; and cannot be reused.
Congress president M Mallikarjun Kharge, meanwhile, came to Siddaramaiah's defence, stating that the party is standing with him and will support him.
The encounter took place at Qasbayar area of the south Kashmir district.
A bench headed by Justice Prathiba M Singh said the temple shall endeavour to have at least one witness from both sides, who is either a relative or an acquaintance who has known them for a reasonable period of time.
The income tax department on Wednesday issued FAQs on changes in the capital gains tax saying the idea behind it was to simplify the tax structure and promote ease of compliance. The holding period for various asset classes for the purpose of short- and long-term capital gains tax has been rationalised. The holding period of all listed assets will be now one year for the purpose of long-term capital gains tax (LTCG).
The early morning crackdown against the terror group in Ballari and Bengaluru in Karnataka, Amaravati, Mumbai and Pune in Maharashtra, Jamshedpur and Bokaro in Jharkhand and Delhi, led to the foiling of a plan by the accused to carry out terror acts, especially improvised explosive device blasts.
The case dates back to 2005, when the Punjab police arrested a man under the provisions of the Narcotic Drugs and Psychotropic Substances Act (NDPS) and later claimed that he escaped from custody. His father filed a habeas corpus and a few days later, a body was found and it was assumed that it was of the accused person arrested under the NDPS charges. Incidentally, the man was found alive after 14 years.
The incident took place on Wednesday night in Tarrem area when a joint team of security personnel was returning after an anti-Maoist operation in forests on the tri-junction of Bijapur-Sukma-Dantewada districts, a police official said in Bijapur.
Poland striker Robert Lewandowski scored from his second attempt from the penalty spot against France.
Weeks after it informed that parts of the purported skeleton of murder victim Sheena Bora were untraceable, the prosecution on Wednesday told the trial court in Mumbai that they were lying at the Central Bureau of Investigation's (CBI) office in New Delhi.
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
Chandrasekhar -- former minister of state for Electronics and IT -- disagreed with Musk's opinion about EVMs, and argued that the latter's statement was a "huge sweeping generalisation".
Notice for ticket holders ahead of Durand Cup semis Kolkata
Markets regulator Sebi has barred industrialist Anil Ambani, 24 other entities, including former key officials of Reliance Home Finance from the securities market for five years for diversion of funds from the company. Sebi has imposed a penalty of Rs 25 crore on Ambani and restrained him from being associated with the securities market including as a director or Key Managerial Personnel (KMP) in any listed company, or any intermediary registered with the market regulator, for a period of 5 years.
Athletics Federation of India vice-president Anju Bobby George believes that while the spotlight will undoubtedly be on javelin thrower Neeraj Chopra to defend his Olympic title,
Life Insurance Corporation (LIC) on Wednesday said markets regulator Sebi has granted an additional 3 years time till May 16, 2027 to comply with the 10 per cent public shareholding norm. Currently, government holding in LIC is 96.50 per cent, while public holding is 3.50 per cent.
'INDIA will easily cross 50 seats out of 90 in Jammu and Kashmir.'
WazirX lost about 45 per cent of its crypto assets to the security breach. People privy to the discussions say North Korea has been mentioned.
rediffGURU Anil Rego answers readers' personal income tax queries.
Kerala pumpkin curry has to be the best way to eat kadu. And ever tried an imli-ginger relish?
rediffGURU Dr Karthiyayini offers expert advice on how you can manage your overall health and fitness.
In a landmark verdict, the Supreme Court on Monday held that watching and downloading child pornography are offences under the POCSO Act and the information technology law.
The Delhi police told a court in Delhi that they were probing the "larger conspiracy" behind the "brutal attack" on Rajya Sabha MP Swati Maliwal by Chief Minister Arvind Kejriwal's aide Bibhav Kumar.
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