'The US reciprocal tariff has added another element of uncertainty and the central bank may prefer to wait and get further clarity.'
Uncertainties over the impact of the United States' (US') tariffs on India, along with the ongoing transmission of past rate cuts, prompted the members of the Reserve Bank of India's Monetary Policy Committee (MPC) to maintain the status quo during the August meeting, the minutes showed. While some of the external members highlighted their concern over growth, the internal members cited the one-year headline inflation rate overshooting the 4 per cent target.
Flms belonging to genres as diverse as comedy, drama, romance, crime, and history get ready for release in theatres.
The Reserve Bank of India's (RBI) Monetary Policy Committee's (MPC) decision to cut the repo rate by 50 basis points (bps) to 5.5% was contrary to the expectations of many economists. Firstly, most of the economists expected the MPC to cut the repo rate by 25 bps citing the weakening of inflation, prospects of economic growth, geopolitical uncertainty and comfortable system liquidity.
Reserve Bank of India (RBI) Governor Sanjay Malhotra said the repo rate cut in the February meeting of the monetary policy committee (MPC) was due to inflation aligning with the target and recognising the fact that monetary policy is forward-looking.
The impasse over the return of Polaris chief Arun Jain and his colleague Rajiv Malhotra from Jakarta continued for the fourth day on Monday with the local police yet to return their passports.\n\n\n\n
Towards the end of February, the Reserve Bank of India (RBI) restored the risk weighting on banks loans to non-banking financial companies (NBFCs; including to microfinance institutions, or MFIs) to 100 - back to its November 2023 position - from 125. It is only a partial relief though. "Higher risk weighting on unsecured lending continues to be in place while the same on bank funding to NBFCs has been done away with. "This is a positive step by RBI," says Rajiv Sabharwal, managing director (MD) and chief executive officer (CEO), Tata Capital.
Late-stage diagnosis is a major issue, with over 75 per cent of cases being detected at advanced stages (50 per cent at Stage 3 and 25 per cent at Stage 4). This significantly reduces survival rates.
Rajiv Malhotra's plagiarism may not be as horrifying as impersonating an exam candidate in Indore -- but they're both forms of cheating.
Those joining Prime Minister Narendra Modi's council of ministers for the first time include three former chief ministers -- Shivraj Singh Chouhan (Madhya Pradesh), Manohar Lal Khattar (Haryana) and H D Kumaraswamy (Karnataka).
'In theory, yes, Hindus are very open. I'm one of them. I've coined the phrase 'open architecture'... But I think the Wendy Doniger group is not allowing open architecture. They are closing this architecture'... 'They are bringing a point of view in such a heavy-handed way that it tends to dominate and it tends to suppress the alternative points of view. So some kind of counteraction is necessary and using the law is a decent thing to do.' Rajiv Malhotra, one of Wendy Doniger's most vociferous critics, speaks to Rediff.com's Arthur J Pais about the prejudices created by American scholars about Hindu gods and Hinduism.
A first information report was on Friday registered against six health officials, including the chief medical officer and his deputy, after a missing health department accountant was found dead under mysterious circumstances, even as his wife demanded a CBI probe in it.
Polaris chief Arun Jain and his colleague Rajiv Malhotra who were released by Indonesian police on Friday may get back their passports and other related documents on Monday.
With Kabul falling into the hands of the Taliban, bilateral trade between Afghanistan and India will get impacted significantly in these uncertain times, according to exporters. Federation of Indian Export Organisations (FIEO) director general Ajay Sahai said domestic exporters should follow caution looking into the political development in Afghanistan, particularly with regard to payments, for which adequate credit insurance may be availed by them. "The trade will be impacted. It would reduce due to the growing uncertainty in Afghanistan," he said on Monday. Former FIEO president and country's leading exporter S K Saraf too said there will be a significant fall in the bilateral trade.
Indonesian authorities on Tuesday returned the passports of Polaris chief executive officer Arun Jain and his colleague Rajiv Malhotra, which had been confiscated following their arrests in a commercial dispute case.
Here is the complete list of ministers in Modi 3.0 and their portfolios:
It is thanks to the policy of liberalisation conceived by Manmohan Singh and enforced by P V Narasimha that the Indian economy has now become the world's 5th largest economy by nominal GDP, asserts Dr Sudhir Bisht.
One of the two constables on the run after allegedly raping a minor inside a police station premises in Badaun was arrested in Bareilly on Tuesday when he was about to board a Delhi-bound train and subsequently sent to judicial custody for 14 days.
Women bikers take part in rallies in Delhi and Nagpur to commemorate International Women's Day.
A left-leaning centralised socialist model has created a shortage/entitlement economy. In fact one of the reasons for India's limited progress is that post-independent India is at odds with its true nature. It is something that educated right of centre Hindus are trying to correct, says Sanjeev Nayyar.
Arjun and Janhvi promote their films... Malaika goes to yoga class... Rakul meets her boyfriend...
'It is a great misfortune that the Nehruvian Stalinists of India have colluded with the grand project of demeaning and destroying Sanskrit. Today, the number of Sanskritists in India is low, and falling,' says Rajeev Srinivasan.
Acting on her father's complaint that his daughter Neetu Chauhan could not have committed suicide but was pushed, police has registered a case against unknown persons, Superintendent of Police Deoria Rajiv Malhotra said.
Find out which stars Photographer Pradeep Bandekar met on Wednesday.
Kangana Ranaut plays an Air Force pilot in Tejas, joining an increasing list of films and shows centered around women playing significant roles in their careers.
The project was announced in September 2019 and Prime Minister Narendra Modi laid the foundation stone of the new Parliament building on December 10, 2020.
There is, between Rao's tenure as PM and the current Modi regime, a powerful resonance of how transition can be managed. Rao's tenure saw many scams -- one where he was supposedly approached by Harshad Mehta with a bribe for making the securities scam go away. The Opposition insisted on a JPC. Despite knowing a JPC report would undermine him politically, Rao agreed to one, saying he had 'nothing to hide'.
The IWM BUZZ Digital Awards 2022 were presented on May 15 at the Taj Lands End, Mumbai.
T C A Srinivasa-Raghavan recalls a tussle between the government and RBI when Rajiv Gandhi was prime minister and how it was resolved.
Joginder Tuteja lists the biggest money-making movie murder mysteries.
If the government of the day would like to set in place a smooth and well-planned changeover and facilitate the incoming chief to chalk out his action plan well in advance, the announcement of a successor needs to be done early, observes Colonel K Thammayya Udupa (retd).
'Children should be brought up connected to our culture and should be introduced to characters from our mythologies. What is this Baa Baa Black Sheep?'
Joginder Tuteja looks at some of the biggest spy thrillers, and where you can watch them.
This year's Twenty20 World Cup could be moved to the United Arab Emirates if the COVID-19 crisis does not subside in India, the Board of Control for Cricket in India said.
Exasperated over naming of popular projects after members of the Nehru-Gandhi family, the BJP on Tuesday asked the ruling party whether the country was devoid of any other great leader. "All new institutions and programmes are named after Rajiv Gandhi, Indira Gandhi and Jawaharlal Nehru. All limits of sycophancy have been crossed by this government," BJP deputy leader in the Lok Sabha V K Malhotra said.
Joginder Tuteja lists the biggest box office successes with stars in uniform.
"It is beyond our understanding," was all the Bharatiya Janata Party could say in reaction to Priyanka Vadra's meeting with one of the conspirators in her father Rajiv Gandhi's assassination. Priyanka had earlier in the day confirmed her meeting with Nalini Sriharan, one of the conspirators in the former prime minister's assassination, last month in Vellore Central Jail. "The visit was incomprehensible and beyond our understanding," party spokesman Vijay Kumar Malhotra said.
Celebs follow a template for their special day -- an intimate ceremony with few people and a keen eye for a touch of luxury in every aspect.
Opposition government's reaction to a website claim that the key Bofors case accused had hatched a conspiracy with the LTTE to assassinate former prime minister Rajiv Gandhi.
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