The International Cricket Council's Cricket Committee has recommended that the concept of umpire's call rule in the Decision Review System should stay, citing that the ball-tracking technology is not going to be 100 per cent correct.
The Reserve Bank is likely to maintain status quo on interest rates in its forthcoming monetary policy review but may change the stance in view of retail inflation piercing its upper tolerance limit, global uncertainties created by the ongoing Russia-Ukraine war, and the urgency to protect and boost growth, feel experts. The RBI governor-headed rate setting panel -- Monetary Policy Committee (MPC) -- will be holding its first meeting of the 2022-23 fiscal from April 6 to 8. The outcome will be announced on April 8.
Reserve Bank of India (RBI) on Friday kept the benchmark interest rate unchanged at 4 per cent and decided to continue with its accommodative stance despite rising inflation. This is the 11th time in a row that the Monetary Policy Committee (MPC) headed by RBI Governor Shaktikanta Das has maintained the status quo. RBI had last revised its policy repo rate or the short-term lending rate on May 22, 2020 in an off-policy cycle to perk up demand by cutting the interest rate to a historic low.
Exactly a fortnight ahead of the Reserve Bank of India's (RBI's) next monetary policy review, a key market indicator of interest rates - the overnight indexed swap (OIS) - suggests that the central bank may tighten policy by 35 basis points and then refrain from further rate hikes. RBI Deputy Governor Michael Patra recently described the OIS as the primary instrument for hedging interest rate risk in India. The six-member Monetary Policy Committee (MPC) of the RBI will meet on December 5-7.
The administration started preparing for the demolition of two precariously standing hotels in subsidence-hit Joshimath in Uttarakhand on Tuesday, but faced protests from their owners and locals on the issue of compensation, while more families were evacuated from the danger zone as the number of affected houses rose to over 700.
15-year-old Russian skater Kamila Valieva tested positive for the banned heart medication trimetazidine in a sample collected on Christmas Day
'The statement that Indian Air Force is supporting arm to the other two services is incorrect and wrong'
Gen Bipin Rawat's appointment, first as army chief superseding two other army commanders, and then as CDS, was the consequence of his close personal rapport with National Security Advisor Ajit Doval. Now, with General Rawat gone and nobody named to replace him as CDS, it is evident that no other top military officer enjoys that relationship with Doval, observes Ajai Shukla.
Kohli had argued that the batsman should be declared out if the ball is hitting the stumps, even if marginally.
"It was a social event and we did not talk politics there," he said on his interaction with Modi.
The unrecognised Cricket Association of Bihar chief Aditya Verma, who has shaken the BCCI by dragging it to the Supreme Court over the IPL spot-fixing scandal, has demanded that the Board's former President Shashank Manohar head the probe panel against the scam.
Prime Minister Manmohan Singh will review the proposed bilateral trade and investment agreement between India and the EU at the meeting of the Trade and Economic Relations Committee (TERC) on May 29.
The decision by the World Anti-Doping Agency (WADA), imposed a four-year ban on Russia participating in a range of top-flight sporting tournaments, a period covering the 2020 Tokyo Summer Olympics, the 2022 Beijing Winter Olympics and the 2022 soccer World Cup.
CoA files contempt petition against Praful Patel, pleads to bar him from football-related activities.
A technical advisory group of the World Health Organisation was on Tuesday reviewing data on Covaxin for the emergency use listing of India's indigenously-made vaccine and it could pronounce its decision within the next 24 hours or so, a spokesperson said.
Five players and three team officials from Real Kashmir FC, one player each from Mohammedan Sporting, debutants Sreenidi Deccan FC and Aizawl FC returned positive in the tests, conducted in Kolkata, on Tuesday.
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