'Previously, contributing only 25 per cent of material costs, states now face burdens of 40 per cent to 100 per cent of total costs, ensuring poorer states will curb project approvals, directly stifling work demand.'
Reserve Bank of India (RBI) Governor Sanjay Malhotra, and Deputy Governors Poonam Gupta, T Rabi Sankar, Swaminathan J, and S C Murmu on Friday addressed issues during the post-policy media interaction.
The reduction in the goods and services tax (GST) rates has increased the momentum in India's economic activity both on the supply and demand sides, while robust agricultural activity - reflected in the strong onset of rabi sowing and adequate reservoir levels - has reinforced the outlook for food supply and rural incomes, the finance ministry said on Thursday.
The Supreme Court has directed chief secretaries of states and Union Territories (excluding West Bengal and Telangana) to appear on November 3 to explain the lack of compliance affidavits in the stray dogs case.
Mumbai faces a shortage of dog shelters following a Supreme Court order to relocate stray canines after sterilization and vaccination. The city has over 90,000 stray dogs but only eight shelters, requiring significant expansion to comply with the court's directive.
The government has extended the tenure of the 16th Finance Commission by one month till November 30. The 16th Finance Commission was constituted by the government on December 31, 2023, with former Niti Aayog vice-chairman Arvind Panagariya as its Chairman.
Fraud reported by banks declined in 2024-2025 to 23,953 as compared to 36,060 in the previous year though the amount involved jumped to Rs 36,014 crore from Rs 12,230 crore.
The Supreme Court has directed the removal of all cattle and other stray animals from highways and expressways, citing safety concerns and frequent accidents.
The Supreme Court has ordered the removal of all stray dogs from Delhi-NCR streets following concerns about rabies and dog bite incidents, particularly those involving children. The court criticized animal lovers and activists, questioning their ability to compensate for the loss of life due to rabies.
'There are no additional benefits for banks and market participants to use CBDC...'
The Supreme Court on Friday modified its August 11 direction prohibiting release of stray dogs from pounds in Delhi-NCR and said the picked up canines should be sterilised, vaccinated and released back in the same area.
'It will be an explosion of zoonotic diseases from these places.' 'People will not be able to live or work for kilometres around these places where thousands of street dogs are kept.'
World Junior C'ships: Tanvi Sharma, Unnati Hooda register easy wins to kick-off campaign
Wholesale price inflation (WPI) softened to 0.13 per cent in September on easing in prices of food articles and manufactured items, government data showed on Tuesday. WPI-based inflation was 0.52 per cent in August and 1.91 per cent in September last year.
The Supreme Court has directed the Delhi government and civic bodies to address the 'extremely grim' stray dog menace by picking up strays and housing them in shelters for sterilization and immunization. The court also warned against obstructing authorities and ordered the creation of a helpline for reporting dog bite cases.
The Supreme Court of India has emphasized the importance of aggressive sterilization programs to control the growing population of stray dogs, balancing animal rights with public safety concerns.
The Chhattisgarh High Court has directed the state government to pay Rs 25,000 each to 84 students who consumed mid-day meals soiled by a dog. The court cited negligence on the part of the government and emphasized the need for vigilance in providing mid-day meals.
'Other sectors that manage the savings pools of Indians are giving tough competition to life insurance companies.'
The Reserve Bank of India (RBI) is in no rush to launch the central bank digital currency (CBDC) nationwide, as its most promising use case - cross-border payments - depends on other countries rolling out their own CBDCs simultaneously for the system to work effectively. That said, the CBDC pilot is progressing well, with the user base in India expanding to about seven million, said RBI Deputy Governor T Rabi Sankar.
The SC said every day, hundreds of dog bites were being reported in the city and on its outskirts, leading to rabies and ultimately, children and the aged were falling prey to the dreadful disease.
Its August 11 direction, which prohibits the release of stray dogs from dog shelters, shall be kept in abeyance for the time being, the apex court said.
A Chennai policeman on night patrol sparked controversy after making a 'harassment' remark to a woman feeding stray dogs at Thiruvanmiyur beach. The incident, including the cop snatching her phone, went viral on social media.
The recent death of six people from bites by an unidentified animal in Madhya Pradesh's Barwani district prompted a massive search operation by the forest department after villagers reported sightings of a hyena in the area, officials said on Wednesday.
Reserve Bank of India (RBI) Governor Sanjay Malhotra, with Deputy Governors Poonam Gupta, Swaminathan J, T Rabi Sankar, and M Rajeshwar Rao, responded to a range of queries in the post-policy interaction with the media
A two-judge bench of the top court had on August 11 directed authorities in Delhi-National Capital Region (NCR) to start picking up stray dogs from all localities "at the earliest" and relocate the animals to dog shelters.
The GenZ violence that engulfed Nepal is not only against nepo-babies -- its anger is broader and riddled with contradictions, making it difficult for interim PM Sushila Karki, points out Aditi Phadnis.
The Supreme Court has asked 'dog lovers' and NGOs opposing the permanent relocation of stray dogs in Delhi-NCR to deposit funds to be heard in the matter. The funds will be used for stray dog infrastructure.
IMD data shows in the 24 hours between September 1 and 2, Haryana received 806 per cent more rainfall than normal, Punjab 759 per cent, Himachal Pradesh 510 per cent, Delhi 740 per cent, Chandigarh a staggering 1,638 per cent, and Rajasthan 193 per cent.
The Supreme Court has directed authorities in Delhi-NCR to relocate stray dogs to shelters, emphasizing public safety and addressing concerns about dog bites, particularly among vulnerable populations.
Finance Minister Nirmala Sitharaman on Tuesday asked fintech firms to focus on risk management at a time when criminals are using AI to mimic voices, clone identities and create lifelike videos to manipulate people.
The Supreme Court on Friday said a 'blanket direction' to pick up stray dogs in Delhi-NCR and place them in shelters without evaluating the existing infrastructure might lead to a 'catch-22 situation' as the directive might be impossible to comply with.
ISRO has projected wheat production of 122.24 million tonnes.
The protesters shouted slogans such as KP Chor, Desh Chhod (K P Sharma Oli is a thief, quit the country), "Take action against corrupt leaders".
The Supreme Court's order to remove stray dogs from Delhi-NCR localities has sparked mixed reactions, with RWAs welcoming the move and animal rights activists raising concerns about implementation and potential harm.
Untimely rains during March have caused damage to rabi crops and may result in lower yields, a report said on Wednesday. Between March 1 and 21, cumulative rains have been 20 per cent more than normal, and in the past four days, it was 3-4 times more than usual, according to a report by Crisil Market Intelligence and Analytics. On March 21, the rain volume in central India was 1,600 per cent more than normal, the report said, adding that unfortunately, this ongoing harvest window for rabi crops has been lashed by an untimely torrent.
Shahvaz, a student of class 8, died on Monday evening when he was being brought back to Ghaziabad from Bulandshahr, where he was taken for treatment after his condition deteriorated, they said.
India's macroeconomic health is in a "relative goldilocks situation", and although the risk of higher landed oil prices, due to insurance cost surges and closure of choke points due to the brief Israel-Iran war, has receded, it is "too soon to sound the 'all clear' for the rest of the year", the Finance Ministry said on Friday.
A prolonged break in monsoon rains in most parts of the country is threatening to hit the yield of kharif crops. It could even delay the upcoming rabi sowing. Major agricultural states, such as Maharashtra, Madhya Pradesh, Andhra Pradesh, Punjab, and Gujarat, have witnessed a deficit of 30-80 per cent in southwest monsoon rainfall in August compared to the long-period average for the month. Meteorologists see no big revival in monsoon rains from hereon, though they forecast "some activity" over the Bay of Bengal on September 5-6.
Passenger vehicle retail sales witnessed 3 per cent on-year decline in May with customers delaying purchases in several states due to India-Pakistan conflict and further softening of demand for entry-level models, dealers' body FADA said on Friday. The passenger vehicle registrations last month stood at 302,214 units, as compared to 311,908 units in May 2024.
'When India opened its doors to the world, moving away from an agrarian to a market economy, everything, whether life or love, was commodified.'
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