India's economic growth is estimated to have slowed down to 11-year low of 5 per cent during the current financial year ending March 2020.
The action follows multiple summons issued by the ED against Raut, the latest being on July 27.
Categorically denying the charge, he slammed the BJP spokesperson Sambit Patra's claim that Punjab, along with other Opposition-ruled states, had expressed doubts and refused to accept the vaccination.
Shiv Sena MP Sanjay Raut on Friday appeared before the Enforcement Directorate (ED) in Mumbai to record his statement in connection with a money laundering probe.
Summary of sports events and persons who made news on Monday
Dev alleged that Prime Minister Narendra Modi had created an atmosphere pitting Muslim women against Muslim men through the triple talaq law.
The top court was hearing a plea which referred to his statement on restoring Article 370, which gave special status to Jammu and Kashmir, and contended it clearly amounts to a seditious act and therefore he is liable to be punished under section 124-A of the IPC.
Delhi on Monday sounded an alert of its depleting vaccine stock, with Health Minister Satyendar Jain saying that the national capital has only one day's Covaxin jabs left and its Covishield doses will last for just three to four days.
The RBI governor is focused on growth, and keeping rupee slightly depreciated is part of that 'Atmanirbhar Bharat' strategy.
The Reserve Bank remains laser-focused to bring back retail inflation to 4 per cent over a period of time in a non-disruptive manner, Governor Shaktikanta Das stressed while voting for status quo in interest rates, as per minutes of the October policy meeting released on Friday. The central bank has been mandated by the government to ensure the Consumer Price Index (CPI) based inflation is at 4 per cent, with a band of 2 per cent on either side. The retail inflation, which was above 6 per cent during May and June, has started moving down and stood at 4.35 per cent in September.
The uncertainty created by the jump in COVID-19 infections and localised lockdowns prompted RBI Governor Shaktikanta Das and other members of the rating setting panel MPC to unanimously vote for status quo in interest rates and an accommodative policy stance to support growth, as per minutes of the meeting released on Thursday. "The need of the hour is to effectively secure the economic recovery underway so that it becomes broad-based and durable," the Governor said during the three-day meeting of the Monetary Policy Committee (MPC) which ended on April 7. The renewed jump in COVID-19 infections in several parts of the country and the associated localised and regional lockdowns add uncertainty to the growth outlook, he observed, as per the minutes of the meeting released by the central bank.
The rejection of the pleas of the top Congress leaders, including Oscar Fernandes, will pave the way for the Income Tax Department to scrutinise their records for the assessment year 2011-12.
Singh Deo will, however, remain the minister for Health and Family Welfare, Medical Education, Twenty Point Implementation and Commercial Tax departments.
The Congress' rebuttal came after the Gujarat police on Friday opposed activist Teesta Setalvad's bail application.
AkshayaPatra's vision is that no child shall be deprived of education because of hunger. It's hard to imagine isn't it? But that is what Akshaya Patra is trying to achieve.
Members of the Monetary Policy Committee (MPC) felt that though the Indian economy was resilient in the third wave, it, however, lost some momentum and with inflation likely to soften, there is room to continue with the accommodative stance and support revival, the minutes of the MPC meeting released on Thursday revealed. The six-member MPC voted to keep the policy rate unchanged and continued with the accommodative stance at its meeting on February 10. However, external member Jayanth Verma voted against the stance because he felt a switch to neutral was long overdue and the current stance has become counterproductive and deflects focus away from addressing recessionary trends that date back to at least 2019.
Against the backdrop of a nearly four-hour outage at the National Stock Exchange last month, an RBI article on Friday suggested allowing trading of benchmarks Nifty and Sensex on all stock exchanges. Trading was halted at the NSE for nearly four hours on February 24, reportedly due to telecom links failure leading to unavailability of the online risk management system of the NSE Clearing Ltd (NCL). NCL, a wholly-owned subsidiary of NSE, is responsible for clearing and settlement of all trades executed on the exchange, according to the article.
Fadnavis said the decision of the top court proved that there was no conspiracy behind action by the state police against Varavara Rao, Arun Ferreira, Vernon Gonsalves, Sudha Bharadwaj and Gautam Navlakha.
In its manifesto, the party made a string of promises, including expeditious construction of a Ram temple, doubling farmers income and the scrapping of Article 370 that gives special status to Jammu and Kashmir.
Three days before the first phase of the Lok Sabha elections, the Bharatiya Janata Party on Monday, April 8, released its manifesto with a focus on development and national security.
Sharma had on Monday slammed Congress' association with the ISF led by Muslim cleric Abbas Siddiqui in West Bengal, contending that it was against the "Gandhian and Nehruvian secularism" and the party cannot be selective in fighting "communalists".
The political row over the Rafale deal intensified on Tuesday with the Congress and Bharatiya Janata Party trading barbs over it.
After selling dollars for the past few months, the Reserve Bank of India (RBI) may take a hands-off approach before its annual account closing by not trying to prop up the rupee as geopolitical tensions show signs of stabilising with global crude oil prices easing from its $140 peak. The central bank was a net buyer of dollars between April and September, and then turned a net seller in the following months, the data released by the RBI showed. The RBI continued to be a net buyer of $36.6 billion in this fiscal year - between April and January. In 2020-21, it purchased $68 billion on a net basis.
Deputy Chief Minister Manish Sisodia on Friday claimed there is no report approved by the Supreme Court-appointed Oxygen Audit Committee about Delhi exaggerating its oxygen requirement by four times during the second wave of the COVID-19 pandemic.
Uttar Pradesh Chief Minister Yogi Adityanath on Thursday directed officials to speed up setting up of a commando training centre in Rampur and also form a skilled team of women commandos.
The manifesto promises better drinking water facilities, better street lights, free community toilets, provision of pink toilets for women, grant of Rs 20,000 for construction of personal toilets, provision of adarsh nagar panchayat, e-tendering and provision of kanji house for stray animals.
The government on Wednesday appointed RBI's senior-most executive director M Rajeshwar Rao as the deputy governor of the central bank. Rao was appointed to the post vacated by N S Vishwanathan, who stepped down three months ahead of his extended tenure on health grounds.
In the Upper House of Parliament, Chairman M Venkaiah Naidu did not allow adjournment notices moved by opposition members on the issue of price rise, prompting members of the Congress, the Trinamool Congress, the Left parties, the Dravida Munnetra Kazhagam, the Aam Aadmi Party, the Nationalist Congress Party, the Rashtriya Janata Dal and the Shiv Sena to create an uproar.
The AAP chief said the BJP had tried to polarise the assembly polls and that they hadn't cleared the Shaheen Bagh road because of the elections.
The brutal killing of tailor Kanhaiya Lal in Rajasthan's Udaipur was a "terrorist incident", he said, alleging that Riyaz Attari, one of the main accused, was a BJP member since 2019.
The government on Wednesday cut interest rates on small savings schemes, including NSC and PPF, by up to 1.1 per cent for the first quarter of 2021-22 in line with falling fixed deposit rates of banks. Interest rate on Public Provident Fund (PPF) has been reduced by 0.7 per cent to 6.4 per cent while National Savings Certificate (NSC) will now earn 0.9 per cent less at 5.9 per cent. Interest rates for small savings schemes are notified on a quarterly basis. The rates of interest on various small savings schemes for the first quarter of the financial year 2021-22 starting from April 1 has been revised, the finance ministry said in a notification.
Former Congress president Rahul Gandhi on Sunday accused Prime Minister Narendra Modi and the Bharatiya Janata Party of weakening the country by spreading fear and hatred, and said only the Congress can unite the country and take it to the path of progress.
Earlier, Patra compared the Opposition to 26/11 Mumbai terror attack mastermind Hafiz Saeed.
Rashtriya Kisan Mazdoor Mahasangh national president Shiv Kumar Kakka said that every day from July 22, 200 farmers, wearing identification badges, will go to Jantar Mantar from the Singhu border to hold the protest.
The year 2021 could turn out to be India's year of IPO with the domestic unicorns through their public issues setting "domestic stock markets on fire and global investors in a frenzy", an RBI article said on Tuesday. The successful Initial Public Offerings (IPOs) by new age companies in the recent months are a reflection of bullishness about Indian technology, it said. "...growth impulse is igniting financial markets. 2021 could well turn out to be India's year of the IPO.
Minutes of the MPC meeting show Das felt economy needs more monetary stimulus as inflation outlook remains uncertain.
"Although our tradition does not allow this, we wish to say that now the value of the rupee has fallen to the age of your respected mother," he said.
Gandhi said the prime minister continued shooting for a film till even three hours after news of the Pulwama terror strike came in.
