The RBI is understood to be dithering since it would want more clarity on the cost of the fiscal policies the new government would undertake before it decides to cut rates, even though it has pencilled in a lower gross domestic product growth rate for this fiscal year.
AAP leaders, accused of violating prohibitory orders in New Delhi and obstructing public servants in discharge of their duty during an agitation were on Monday directed to appear before a Delhi court on May 15.
When asked if he sees himself back in Chicago, he said, "Yeah, Chicago has been kind to me over my history".
Defence Secretary Mattis said he cannot certify that Islamabad has taken 'sufficient actions' against the dreaded Haqqani terror network.
The President has begun studying Constitutional and Presidential precedents in anticipation of a fractured mandate in next year's general election, reveals R Prema.
'If the nub of India's sensitivity over the Chinese presence in Doklam is the enhanced threat to the Siliguri Corridor, a vital link to the northeast, does it serve the national purpose to have the districts along it, and then much of the tribal northeast, in turmoil?' asks Shekhar Gupta.
The way the present government has dealt with appointments of civil servants remains to be a cause for concern.
Shah apprised the leaders of four major political parties of Delhi on the steps taken to check the coronavirus pandemic and sought their views on the issue, a home ministry official said. Leaders of the Bharatiya Janata Party, Congress, Aam Aadmi Party and the Bahujan Samaj Party have attended the meeting.
Cristiano Ronaldo continued his record-breaking form for Portugal as he grabbed two more goals in his country's 6-0 thrashing of Luxembourg in a Euro 2024 qualifier on Sunday.
El-Sisi welcomed Modi, who is on a two-day state visit to Egypt, at the Presidential Palace where the two leaders were closeted for one-on-one meeting after which the two sides signed a memorandum of understandng.
Train services of Eastern Railway were affected as irate supporters of Sourav Ganguly put up a blockade protesting his exclusion from the ODI squad.
West Bengal Chief Minister Mamata Banerjee defied protocol in a review meeting chaired by Prime Minister Narendra Modi on the post-cyclonic situation in the state and is misleading on the controversy surrounding chief secretary Alapan Bandyopadhyay, said Government of India (GoI) sources.
The speed at which he led the central bank in different areas -- ranging from internal reorganisation to inflation fighting, stabilising the currency, taking on rogue corporations, cleaning up bank balance sheets, and opening the sector -- makes one believe that Rajan knew he had only three years to do his job. A fascinating excerpt from Tamal Bandyopadhyay's MUST-READ Roller Coaster: An Affair with Banking.
Israel's President Isaac Herzog on Monday appealed to Prime Minister Benjamin Netanyahu to immediately halt his controversial judicial overhaul, warning that the move has put the country's security, economy and society under threat.
The presidential secretariat which was occupied by the protesters from July 9 till Friday last is re-opened and the staff reported to work on Monday, officials said.
It is unclear if he would be renamed the finance minister soon after his return.
The levy of retrospective tax on the UK's Cairn Energy Plc is a tale of bizarre twists and turns that saw its attached shares being sold in May 2018 amid the passing of the baton from a full-time finance minister to interim one and the talks at the highest level to resolve the dispute, to claims that levy of back taxes was a result of an investigation into Panama Papers leak. The government late last month refunded about Rs 7,900 crore it had collected from selling residual shares of the British firm in its erstwhile India unit, seizing dividend and withholding tax refunds, to settle an eight-year-old dispute that had tarred the country's reputation as an investment destination. But, this did not come about easily. For seven years, the establishment vehemently justified in courts and outside seeking of Rs 10,247 crore in back taxes plus interest and penalty from a firm that gave India its biggest onshore oil discovery.
The rumblings of discontent from Righteous Europe over Qatar's admittedly appalling human rights record can only be viewed as deeply disingenuous and phoney, argues Kanika Datta.
The family, originally from Harsi Pind in Hoshiarpur, Punjab, was kidnapped at a business in Merced County, California, on Monday.
It was another chilly morning in the national capital as icy winds swept the city while early morning fog disrupted rail operations, delaying 52 trains.
Agitating students of Film and Television Institute of India-Pune on Friday.
In Bihar, where a bandh had been called, a railway station and a police vehicle were torched, an ambulance attacked and security personnel injured in stone-pelting incidents on the fourth consecutive day of the agitation, while protesters vandalised Ludhiana railway station in Punjab and blocked roads and rail tracks in West Bengal, Haryana, Rajasthan, Maharashtra, Odisha and Uttar Pradesh.
The finance minister is ready to present a second financial package. The Centre has ruled out a mega stimulus and will rely on targeted, incremental packages. Industry is clamouring for a bailout, the liquidity upheaval in capital markets is nowhere close to being sorted out, and all budgetary forecasts now stand irrelevant, reports Arup Roychoudhury.
Officials said protests took place at 17 places across the state, including Ballia, Aligarh, Gautam Buddh Nagar and Varanasi.
A large number of people had gathered on the NH 08 at Panisagar and blocked it, demanding to call off the resettlement planning of the government. The Joint Movement Committee (JMC) comprising Bengalis and local Mizos had observed five days strike from Monday on the issue and blocked NH8 Saturday.
Each of Assam's border disputes has its own legacy of claims and counter-claims:
'Education played the most significant role in entrenchment of Hindutva ideology in coastal Karnataka.' 'Teachers of most of the schools, junior colleges, degree colleges and universities are active agents of Hindutva propaganda.'
As part of the long-standing ritual, the sweet dish is prepared in a large vessel and consumed by a large number of official and support staff who are required to stay in the North Block office till the presentation of the Budget, which is February 28 this year.
'You are an instrument at the hands of one man with one ambition -- to resurrect the Soviet Union... For ambitions of one man, we are paying a very high price.'
'I would like to see Kharge include Shashi in the Congress Working Committee.' 'The other alternative is that the Congress will marginalise him.'
West Bengal Chief Minister Mamata Banerjee on Monday wrote to Prime Minister Narendra Modi, requesting him to withdraw the Centre's order recalling Chief Secretary Alapan Bandyopadhyay, and said her government 'is not releasing' the top bureaucrat.
The Congress will reach out to civil society members and like-minded political groups for the 'Bharat Jodo' yatra from October 2 for rallying support to combat polarisation and protect Constitution, democracy and various institutions, senior party leaders said on Thursday.
The probe into Sunday's serial blasts near a political rally addressed by the Bharatiya Janata Party prime ministerial candidate Narendra Modi has been handed over to National Investigation Agency following recommendation from the Bihar government.
'It was more than ego.' 'It carried with it a sincere belief that he was the quintessence of the country, that the country's destiny was irrevocably intertwined with his destiny.' An excerpt from T J S George's The Dismantling of India: In 35 Portraits.
Protests were held in different parts of Kolkata, North 24 Parganas, Hooghly, Howrah, Birbhum, South 24 Parganas, Jalpaiguri districts, and Trinamool Congress supporters briefly blocked roads in some areas.
Bulldozers demolished several structures at Jahangirpuri on Wednesday amid a heavy paramilitary and police presence during the NDMC's anti-encroachment drive that was stopped within hours following a Supreme Court order.
General Pande said the northern border region has been peaceful and steps have been taken to maintain peace through established protocol and existing mechanism.
Budget-makers in North Block are looking to maintain this fiscal status quo, in spite of tax revenues nowhere close to where the government wants and in spite of possible higher expenditure commitments.
Senator Faisal Javed, who was injured when a bullet grazed his face, said that a party worker was killed during the attack, while another was severely injured.
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