The argument that India is going towards a 'Hindu rate of growth' is "ill-conceived, biased and pre-mature" when weighed against the respective data on savings and investments, said SBI Research in its Ecowrap report. The term Hindu rate of growth was coined by economist Raj Krishna in 1978, which denoted the economic growth of about 3.5-4.0 per cent in terms of GDP during 1947-1980. "India's quarterly sequential Y-o-Y GDP growth has been in a declining trend in FY23.
The fervour for the India-Pakistan match is so intense that for many beating Pakistan in Dubai seems even more important than winning the Champions Trophy itself, observes K R Nayar, the veteran cricket writer.
During Emergency Indira Gandhi acquired absolute power. Lakhs of political opponents, students, activists were arrested.
'There is need for India-specific pricing.' 'Google, Microsoft and others also have different pricing.' 'It is important for OpenAI to think on these lines as the global pricing may not work in the Indian context.'
'At the age of 68, I am in the best phase of my life.' 'What I have left of my life, I want to live with dignity.'
'Those seeking short-term benefits are joining the Shinde-led Sena and the ones looking at long-term benefits are joining the BJP.'
Jaitley slams Rajan for MSME banking crisis statement, says postmortem is easier than action
The process for deportation of underworld don Chhota Rajan has begun even as India and Indonesia are to expedite the work on implementation of an extradition treaty.
Shinde had retained most of the sitting MLAs, who chose to be with him when he led the rebellion two years ago. They delivered for him on Saturday when votes for the state polls were counted.
The court said that Rajan suspected that J Dey was working for Dawood Ibrahim and the journalist was showing him in a poor and weak position.
Twelve stamps each of Rajan and Bajrangi were printed under the 'My Stamp' scheme, which was launched by the department a few years back, an official added.
Shruti, who lost her entire family in the Wayanad landslide disaster and later her fianc in a road accident, began a new chapter of hope by joining government service. The state cabinet had recently decided to provide a government job to the young woman, who had endured back-to-back tragedies. She joined the Revenue Department as a clerk in the mountainous district, expressing gratitude to the government for its support during her difficult times.
There were two questions everyone wanted to know the answer to. 1. Did Raghuram Rajan advise the Congress on the much-discussed NYAY scheme, as claimed by Rahul Gandhi? 2. Will Raghuram Rajan become India's next finance minister?
The Bahujan Vikas Aghadi supporters gheraoed Vinod Tawde and raised slogans.
Rajan, 57, who was RBI governor for three years until September 2016, is currently working as a professor at the prestigious University of Chicago.
Two years after his dismissive stance on India's AI potential raised eyebrows here, OpenAI CEO Sam Altman on Wednesday gave a ringing endorsement to Artificial Intelligence momentum in the country -- and billed India as an important market not just for the new-age technology itself but for the ChatGPT creator as well. In New Delhi on Wednesday, Altman -- while sharing dais with Union IT minister Ashwini Vaishnaw -- said India is the second biggest market for the company and that Open AI had tripled its users here in the last year.
rediffGURU Vipul Bhavsar answers readers' personal income tax queries.
What once used to be a hut in this village in Faltan tehsil of Satara district in western Maharashtra has been replaced by a mansion, the best in the vicinity.
Calling Rajan "no less patriotic", he virtually ticked off Swamy saying "if anybody considers himself above the system then it is wrong".
Bharatiya Janata Party general secretary Vinod Tawde on Wednesday dismissed the allegations of distributing money to influence voters, saying he was well aware of the rules and not foolish to indulge in such an activity at the hotel of political opponents.
Reserve Bank Governor Shaktikanta Das on Tuesday said the fiscal-monetary coordination was at its best during the last six years even as he thanked Prime Minister Narendra Modi for giving the opportunity to head the monetary authority of the country. Das, in a series of posts on X, on his last day of his six-year term as RBI Governor, also thanked the Finance Minister, various stakeholders and his colleagues at the central bank.
Both she, and her fashion choices, are as cute as a button.
As many as 190 people have died and over 200 injured in the massive landslides that hit Wayanad district two days ago, with the numbers expected to increase even more as rescuers unearth debris, the district administration said on Thursday.
Raghuram Rajan joked he wasn't expecting to win any votes or Facebook 'likes' in the position.
Rajan said he believes that capitalism is breaking down because it is not providing equal opportunities.
If we persist in talk and little action, I think we will slip. I fear the consequences of sustained slow growth. We need strong, sustained, clever action today, Rajan said.
...but when they awaken, it's going to be overly optimistic to assume everybody will walk off the sleeping bed and come back to full life, Rajan noted.
Mr Swamy has written letters to the Prime Minister's Office asking for Mr Rajan's services to be terminated.
A paper authored by Rajan said, state-linked banks can be a first step in altering the ownership structure of some PSBs, where the government brings down its stakes to below 50 per cent, creating distance from operations of banks, and improving governance along the way.
On Monday, April 29, 2024, Aditya Thackeray, the Shiv Sena (Uddhav Balasaheb Thackeray) MLA, embarked on a roadshow for Rajan Vichare, the sitting MP and party candidate for the Thane Lok Sabha seat.
The India Meteorological Department (IMD) on Monday issued a warning of significant rainfall in Kerala due to cyclone Fengal, currently positioned as a strong low-pressure area over northern Tamil Nadu.
Raghuram Rajan's three-year term is the shortest of any G20 country and the recent governors have been given second terms as much as seven months in advance.
Over 150 people were injured, including eight seriously, in a fireworks accident during a temple festival near Neeleswaram in Kasaragod late Monday, police said.
RBI Governor Raghuram Rajan's decision to not seek a second term is a "personal one" which everybody should respect, Chanda Kochhar MD & CEO, ICICI Bank said.
Traditionally, food prices have been seasonal in nature.
Gross non-performing assets of public sector banks have gone up.
At the Mumbai launch of his latest book, The Third Pillar: How Markets And States Leave The Community Behind, former RBI governor Raghuram Rajan served up an interesting mix that included Taylor Swift, Donald Trump, privileged families and a strong dose of commonsense economics.
P Chidambaram on Saturday wondered whether the Modi government "deserves" Raghuram Rajan
What differentiates Rajan from his predecessors is his proactive steps in anticipating a problem and coming up with out-of-the-box solutions
Underworld don Chhota Rajan, who was arrested on arrival from Australia, on Sunday received consular access with an Indian diplomat.
