The RBI's mistake may have been in interpreting its mandate to maintain retail inflation at 4%, with 2% leeway in either direction, as being a mandate that permitted it to do nothing even when inflation was at or near the upper bound of 6%, observes T N Ninan.
The aircraft, an Ilyushin 62 owned by Air Koryo, the North Korean state airline, made a stopover in Myanmar on August 7 and sought air traffic controllers' permission to fly over India en route to Iran. Initially the air traffic control in Kolkata gave the plane the go-ahead, but around noon on August 7, the Directorate General of Civil Aviation in New Delhi messaged Kolkata cancelling the permission, reports WSJ
Armed with sticks, they set ablaze thatched structures near a fishing yard in Belmajur area of Sandeshkhali, venting their fury against the elusive TMC leader Shahjahan Sheikh and his brother Siraj. The torched structure, it was revealed, belonged to Siraj.
"I have not come to discuss about the NRC in West Bengal, I have come to discuss about the NRC in Assam," Banerjee said after the meeting.
The 'halwa ceremony' marks the beginning of the lockdown of several officials in the finance ministry, who remain cut off from their families until the presentation of the Budget by the finance minister in the Lok Sabha.
Modi, while addressing a rally in Barasat, said whatever happened with women in Sandeshkhali "is a matter of shame".
The BJP on Thursday alleged that the opposition parties have decided to boycott the inauguration of the new Parliament building by Prime Minister Narendra Modi just because it has been built at his initiative.
The meeting came after terrorists carried out a series of targeted killings in the Kashmir Valley that include non-Muslims, security personnel, an artist and local civilians.
Picketeers blocked rail traffic at several places in the Sealdah-Ranaghat, Sealdah-Bongaon and Sealdah-Barasat section for several hours.
This was Kim's first visit abroad as North Korea's leader and came ahead of his planned summit with Donald J Trump.
Oil Ministry officials insisted that Defence Ministry cannot withdraw the clearance after 12 years of exploration.
875 LED lights, which will change colour every few seconds, have been placed on the facade of the Parliament House. These are power efficient and uses only one-fifth of the electricity compared to other types of lights.
Ahead of the Budget, the government has achieved almost half the divestment target of Rs 65,000 crore. FY23 divestment receipts are unlikely to be anywhere close to the budgeted target.
Farmers mounted their protest demanding a financial package for losses caused by the recent floods, a legal guarantee to minimum support price, and a sweeping debt waiver.
Tarun Bajaj, an old hand at the finance ministry, on Friday assumed charge as the economic affairs secretary. He comes back to North Block at a time when the economy is facing headwinds due to the outbreak of Covid-19 pandemic.
Manchester City won an unprecedented fourth straight English top flight title with a 3-1 win over West Ham United.
"Not a single woman (from Sandeshkhali) has lodged any FIR. It was me who directed the police to lodge a suo motu case. Our block president has been arrested," she said.
FC Goa came up with yet another injury-time equaliser to salvage a point against NorthEast United FC in a thrilling 2-2 draw in an Indian Super League encounter.
The government is likely to restrict foreign direct investment in stock exchanges to 49 per cent. This follows a Reserve Bank of India suggestion for limiting FDI in stock exchanges some time ago.
'Those (Russian) fighter jets just drop bombs and fly away.' 'How will they know if a bus is carrying Indian students?'
Despite the national capital recording its best air quality on Diwali day in eight years, pollution levels may rise due to low night temperatures and sporadic burning of firecrackers though there is a ban on their manufacture, storage, sale and use within the city.
Four Telugu desam Party members of Parliament on Saturday gheraoed Home Minister Sushilkumar Shinde outside his North Block office and demanded inclusion in the GoM on Telangana of representatives from the joint action committee protesting against the proposed bifurcation of Andhra Pradesh.
A dominant NorthEast United FC scored two late goals to beat Delhi Dynamos 2-0 in their Indian Super League football match.
The government also plans to build MPs' chambers that will come up on the land where the Transport Bhawan and Shram Shakti Bhawan are located.
Firm attributes move to pandemic and legal spat with Fiat Chrysler, says it is in line with group's strategy to re-think capital allocation and drive efficiency.
Pre-Budget excercise next month should scrupulously avoid adventurism of all types and refrain from making excessively ambitious projections on revenue and expenditure numbers for 2023-24, suggests A K Bhattacharya.
The football teams will be competing amid a tense political backdrop with international negotiations stalled over North Korea's nuclear weapons and ballistic missiles.
On Monday, the agitators blocked NH-11 and continued their blockade from previous days at other places. Since the agitation began on Friday, it has affected the movement of more than 250 trains.
The United Nations Security Council on Thursday unanimously adopted a resolution against the recent North Korean nuclear tests, which adds to the sanctions already imposed on the reclusive nation.
'Can they (the Union government) provide security to every tribal in the valley? This is impossible now.'
China on Wednesday blocked access to WikiLeaks, which has released 2.5 lakh secret United States documents, with its official media stonewalling publication of the leaked cables highlighting Beijing's embarrassing predicament over its close ally North Korea and allegations that it directly authorised hacking of Google.
The government is learnt to have ordered blocking of 80 more internet pages and user-accounts on Sunday on social networking sites including Facebook, Google and Twitter to avoid panic among people of northeastern region living across India.
Both the new and the old Parliament complex and their allied buildings will be brought under a comprehensive security cover of the CISF which will also have the existing elements of Parliament Security Service (PSS), the Delhi Police and the Parliament Duty Group (PDG) of the CRPF, the sources said.
In its first decision, the Cabinet Committee on Investment (CCI) on Wednesday cleared Reliance Industries' producing KG-D6 block and gas discovery area NEC-25 along with 3 other areas where the Defence Ministry had either barred oil and gas activity or put stringent conditions on that.
North Korea's official KCNA news agency issued a brief report early on Wednesday, saying the qualifier ended in a 0-0 draw after a series of "attacks and counterattacks".
Gogamedi, the chief of Rashtriya Rajput Karni Sena, was shot dead in Jaipur on Tuesday by unidentified bike-borne criminals.
The Centre has asked him to join North Block on Tuesday but it cannot force an officer to join it without the permission of the state administration, Banerjee told a press conference.
Amid a controversy over the probe into coal block allocation, Central Bureau of Investigation Director Ranjit Sinha on Friday discussed various matters related to the functioning of the central investigating agency with Minister of State for Personnel V Narayanasamy.
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