During the talks, both sides failed to reach on a conclusion and has agreed to meet again in June.
RBI's intention to keep its target inflation rate at 5% was the main reason behind keeping rates unchanged, says Adhil Shetty, CEO of BankBazaar.com.
Every time the Indian economy has faced headwinds due to international developments, the oil sector has played a crucial role, explains A K Bhattacharya.
India's Permanent Representative to the United Nations, Syed Akbaruddin, on Thursday lambasted Pakistan for peddling a false narrative on New Delhi and said there are no "takers for your malware here".
Vajpayee had always felt that India must act with conviction and panache. He decided that, irrespective of the attendant risks, he would undertake what many felt was a precarious course. A fascinating excerpt from N K Singh's Portraits Of Power: Half A Century Of Being At Ringside on Atalji's 96th birthday, December 25.
'When we look at the quality of our retail loan book, the non-performing asset percentage is low.'
India and Saudi Arabia have decided to further strengthen and deepen their counter-terrorism cooperation, nearly a year after Riyadh deported Abu Jundal, wanted in the 26/11 Mumbai terrorist attack.
The money will be used to build capacity.
Under the deal, Russia will provide design, technology know how and key materials to GSL for construction of the ships in India.
'India is still hierarchical, but not as much as Japan and people appreciate a flat working culture,' Charles Frump, managing director, Volvo Cars India, tells Pavan Lall.
India has already shortlisted the names of two-three heads of states for extending invitation to be chief guest at the Republic Day parade.
The Chinese premier's visit may be considered rather moderately successful, which has covered a profusion of convergent ideas while leaving many more areas of divergence untouched, says Sana Hashmi.
Bikash Mohapatra picks six individual performances that proved decisive in India beating Australia 4-0 in the just-concluded Test series.
The decision to revise the target by $10 was taken in New Delhi at the India-Africa Ministers Round Table conference chaired by Commerce, Industry & Textiles Anand Sharma.
Notwithstanding intense pressure by Tamil parties, India on Wednesday maintained suspense over its position on a resolution on human rights to be moved against Sri Lanka at the United Nations, with Prime Minister Manmohan Singh saying it will depend on the final draft.
'The undiminished threat, therefore, has the potency of sustaining itself in multiple ways in the near and medium term.' 'The state agencies need to utilize innovative methods in countering radicalization and violent extremism to address this growing threat'.
Kerala will be one of those places where the line between tourism, a land, a people and their way of life will blur. It won't be tourism; it will be a visit to experience Kerala.
Life insurers, on the prodding of global reinsurers, are set to hike premiums on term plans because rising mortality after the second wave of the pandemic has led to an increase in the number of settlements. Some will do so next month while others may wait till January. Global reinsurer Munich Re had nudged its insurance partners on the hike in September and insurers have been engaged in negotiations with the reinsurer on the amount of the increase. Term plan prices in India were among the lowest in the world for a long period but in the past couple of years, they have been increased a few times.
'The one aspect which no Indian military thinker would wish to see emerge is a LoC type of posture at the LAC.' 'The LoC is manned for 750 km and terrorist infiltration has led to the creation of a virtual fortress along its entire length.' 'Something mirroring this at the LAC is going to be expensive although deployment everywhere is not warranted there.' 'However, given the complete trust deficit, there appear few alternatives,' notes Lieutenant General Syed Ata Hasnain (retd).
The budget constraints notwithstanding, the All India Football Federation is looking for a technical director whose profile is bigger than former national coach Bob Houghton, according to AIFF officials.
According to sources close to ANI, "Bharat Biotech has informed Union health ministry that it will rectify the issues pointed out by WHO in 15 to 20 days." "World Health Organisation (WHO)'s suspension is not related to safety or efficacy issues but limited only to supply for United Nations agencies."
Notwithstanding National Investigation Agency slapping murder charge against two Italian marines, India will honour the assurance given to Italy that the duo will not face death penalty for allegedly killing two fishermen off Kerala coast.
Notwithstanding the COVID-19 second wave hitting the nation hard, Indian organisations have displayed resilience, and the salary increment is being projected to grow from an average of 8.8 per cent this year to an estimated average of 9.4 per cent in 2022, according to a survey. According to the Aon's 26th Annual Salary Increase Survey released on Tuesday, most businesses have an optimistic view going into 2022, with 98.9 per cent of companies intend to give salary increases in 2022, as compared to 97.5 per cent companies in 2021. There is positive sentiment across most sectors, and India Inc is firmly on the path to recovery, with most firms projecting salary hikes back to FY 2019 levels by FY 2022.
In a first, the Comptroller and Auditor General's (CAG) officers reached out to several ministries in the last week of April as part of a confidence-boosting measure. The meeting brought the CAG officials and those from the ministries across the table to discuss the pain points in their relations. CAG of India Girish Chandra Murmu took this novel step because of growing tensions between those audited and the auditor.
The study focuses solely on persons with a net worth of $30 million and above (after accounting for shares in public and private companies, residential and investment properties, art collections, planes, cash and other assets).
A series of steps taken by the government to promote ease of doing business and liberalisation of foreign direct investment norms have helped India receive record FDI inflows so far this year, and implementation of measures like PM Gati Shakti, single window clearance and GIS-mapped land bank are expected to further push investments in 2022. Notwithstanding the global slowdown and the COVID-19 pandemic, total foreign direct investments into India rose to a record $81.72 billion in 2020-21. During April-July this fiscal, FDI (foreign direct investment) into the country increased by 62 per cent to $27.37 billion.
On her 72nd birthday on September 18, Sukanya Verma gives three cheers to the legend and lists 20 of her stellar performances.
Rahane said Virat Kohli and his men are taking the match as just another game.
The 62 per cent increase in natural gas prices by the Indian government will boost the profitability of upstream companies in the country and support their investment spending, Fitch Ratings said on Tuesday. The price for gas from fields that were assigned by the state to oil companies, mainly Oil and Natural Gas Corporation (ONGC) and Oil India Ltd (OIL), increased to $2.90 per million British thermal units (mmBtu) for October 2021-March 2022, from $1.79 per mmBtu in the previous six months. "Higher gas prices will increase the input cost for key end-consumer sectors, to the extent the price hike is passed on," Fitch said.
Notwithstanding how the current impasse is solved, at some point in the future, Russia will realise that just as centuries ago it developed the paradigm of securing its heartland's safety through annexing vast buffer zones between itself and the enemy, a more modern security is possible only through friendly relations and sustainable peace, observes Shyam G Menon.
As some BJP pollsters concede, the Modi leadership's sweeping success in elections 2019, especially across central India, owed not to Hindutva ideology, but to welfare schemes, all of them borrowed from Tamil Nadu, reveals N Sathiya Moorthy.
With its political colour dominated by less than democratic trends, BRICS currently leaves some of us wondering -- where in this grouping is there an assurance that human freedom will be respected unconditionally? It would be nice to see the new members of BRICS drawn from the ranks of countries wedded to preserving and guarding human freedom, observes Shyam G Menon.
Carrying forward their engagement process, India and Pakistan on Wednesday announced new Confidence Building Measures, notwithstanding the unhappiness in New Delhi about Pakistani Foreign Minister Hina Rabbani Khar's meeting with Kashmiri separatist leaders.
'We keep saying that we have a very close historical, cultural, linguistic and religious affinity with Nepal. Then why be so insensitive that we cannot find time to talk to them for more than 5-6 months'
India has decided to attend the ceremony where the Nobel Peace Prize will be presented to Chinese dissident Liu Xiaobo in Oslo on Friday, notwithstanding China's call for a boycott of the function.Although China has called upon all countries including India to keep away from the ceremony, New Delhi does not see it as a bilateral issue with Beijing. India is among 44 countries which has confirmed its participation.
Notwithstanding Pakistan President Pervez Musharraf terming as "intriguing" India's comment on Balochistan, New Delhi Sunday asserted there was nothing wrong in reacting to the "serious situation" in the neighbouring country.
The prime minister said that India needs to fully depend on itself.
The Reserve Bank on Wednesday retained the GDP growth forecast at 9.5 per cent for the current fiscal but cautioned that the economic recovery is not yet strong enough to be self-sustaining and durable.
'What has India got out of Howdy India in substantive terms?' asks Ambassador M K Bhadrakumar.