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.
'Just think about it. She's a prosecutor, he's a convicted felon. I love that juxtaposition.' 'She's a woman, and she's black and South Asian. He's a white guy who grew up with enormous [wealth].' 'She grew up in a very average, lower middle class/middle class kind of setting with a single mother.'
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.
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.
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.
Farmers on Saturday evening ended their three-day 'rail roko' stir that hit the movement of trains, causing inconvenience to passengers in Punjab and Haryana.
Other ministers who have presented five straight annual financial statements include Arun Jaitley, P Chidambaram, Yashwant Sinha, Manmohan Singh and Morarji Desai.
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.
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.
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.
A summary of Tuesday's first leg quarter-final action in the UEFA Champions League.
A dominant NorthEast United FC scored two late goals to beat Delhi Dynamos 2-0 in their Indian Super League football match.
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.
Closely watched by the world for any escalation, the Iran-Israel conflict is already showing early signs of stress for India Inc - longer deliveries, doubling freight rates, extended working capital cycles, and higher costs. For those yet to feel the heat, there is growing apprehension and nervousness over future developments, observed industry executives.
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.
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 football teams will be competing amid a tense political backdrop with international negotiations stalled over North Korea's nuclear weapons and ballistic missiles.
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.
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.
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.
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.
'Those (Russian) fighter jets just drop bombs and fly away.' 'How will they know if a bus is carrying Indian students?'
'Das is friendly, but he finally does what he does. The quality of engagement is very good.'
Senior leaders of the Bharatiya Janata Party and the Congress were stopped by police on Friday from visiting the trouble-torn Sandeshkhali, escalating the political tensions in the state as the leaders accused West Bengal Chief Minister Mamata Banerjee of fostering a 'lawless situation' and attempting to 'communalise' the issue.
Enquiries indicate it belongs to an industrialist with links to a prominent cricketer.
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.
Drivers of commercial vehicles, including trucks and tankers, stopped work in several states on Monday and blocked roads at some places to protest against the provision in the new penal law regarding hit-and-run accident cases involving motorists.
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.
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".
'I have been asking whether the chief minister (N Biren Singh) is in charge of the situation in Manipur.' 'Law and order is a state subject and chief minister is a Constitutional authority. Why did he follow the diktat, if at all there is a diktat from the Union government?'
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.
Uttam Ghosh offers his take on Union Minister Anurag Thakur's incendiary slogan.
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.
Tokyo -- the songs Japan, Love In Tokyo and Sayonara from the 1966 Hindi film automatically pop up in the mind -- is buzzing and crowded like any other metropolis, discovers Deepa Gahlot. The modern apartment blocks are built cheek by jowl, so close together that one can open the window and borrow sugar from the neighbour in the next building. One of the fears of the Indian traveller is the unavailability of vegetarian food. Every city and town in Japan has an array of Indian restaurants that serve every variety of cuisine, right from Gujarati to Punjabi to Andhra and Kerala meals.
During this time of the year, potatoes and vegetables come from Punjab and Haryana.
JSPL, Tata Power, Monnet Power, Jindal Photo in the dock.
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.
A consortium of Bharat PetroResources, Videocon Industries and the US-based Anadarko Petroleum Corp have discovered additional oil in their block in the Campos basin, off the Brazilian coast.
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