'The reason being we cannot let premiums go beyond a certain point.'
After raising interest rate by a cumulative 250 basis points in 11 months, the Reserve Bank of India (RBI) on Thursday unexpectedly kept benchmark rate unchanged as global banking woes added uncertainty to the economic outlook. Five out of six members of MPC voted to remain focused on the withdrawal of accommodation to ensure inflation aligns with target while focusing on growth, RBI Governor Shaktikanta Das said on Thursday. The Monetary Policy Committee of the central bank decided to take a pause after a rate hike seen in previous six consecutive policies.
The conclave will be held at the national capital from April 18-22 and will be chaired by Army Chief Gen MM Naravane.
Defence Minister Rajnath Singh on Wednesday asked the Army to maintain strong vigil along the Line of Actual Control (LAC) with China as the situation in the northern sector remained "tense" in view of deployment of PLA troops.
Tesla Inc chief Elon Musk is set to acquire micro-blogging site Twitter for about $44 billion. Back home, India Inc, too, is seeing aggressive merger and acquisition (M&A) activity with PVR-Inox and HDFC-HDFC Bank announcing their mergers recently. While Axis Bank recently acquired Citi India's India retail business, reports suggest Larsen & Toubro Infotech (LTI) and Mindtree could be eyeing a merger.
'...through the will of the people and commitment of leaders.' 'It may not happen today or tomorrow, but it will happen.'
Reserve Bank will have to constantly re-assess the "dynamic and fast changing situation" and tailor its actions accordingly, Governor Shaktikanta Das said during the recent meeting of the Monetary Policy Committee (MPC) which decided to maintain status quo on key interest rate. According to the minutes of the six-member MPC meet released by Reserve Bank of India (RBI) on Friday, the five other members had also expressed a similar opinion amid the ongoing Russia-Ukraine conflict's impact on the global and domestic economies. MPC, which held its meeting from April 6-8, unanimously decided to keep the borrowing costs unchanged at a record low for the 11th time in a row in a bid to continue supporting economic growth despite inflation edging higher in the aftermath of Russia-Ukraine conflict.
India has recorded 1,134 new coronavirus cases, while the active cases increased to 7,026, according to the Union health ministry data updated on Wednesday.
'I think we just got to make the protocol we set out: that if you're flying from China, you got to be tested, and so on'
'If the Chinese were keen to mend fences with India, they would merely have to withdraw their troops in Eastern Ladakh.' 'They have not done so and they have not said that they will do so.'
'There are a few states which are reporting higher numbers of cases indicating possible localised spread of infection,' Union Health Secretary Rajesh Bhushan has said in a letter to these states.
The decision was taken in a high-level review meeting chaired by principal secretary to prime minister PK Mishra.
If Hockey India does not adopt a Sports Code-compliant Constitution at the earliest, the country runs the risk of losing the hosting rights of the Hockey World Cup, scheduled to be held from January 13 to 29.
Shreyas Iyer could "walk back" into India's playing eleven if he can take the load of a five-day Test. He deserves a spot in the side after playing some under-pressure knocks recently, says Head Coach Rahul Dravid.
The International Monetary Fund (IMF) said on Thursday that a multilateral response is critical to overcome the COVID-19 pandemic in India and globally as it hailed recent announcements by several countries to provide immediate support to India. India is struggling with a second wave of the pandemic with more than 300,000 daily new coronavirus cases being reported in the past few days, and hospitals are reeling under a shortage of medical oxygen and beds.
'If you want it to grow well and serve the true needs of the economy, it needs a lot of freedom and flexibility, which comes in terms of the reform objective set by the regulator.'
The reason is that because of the hybrid immunity after three waves of natural infection and a large proportion of adults receiving both doses of COVID-19 vaccine, the susceptible pool has come down drastically, Lahariya said.
Sunil Chhetri defies age and conditions to produce a masterclass
The declaration may have come a tad too late owing to the team management's assessment of the Green Park pitch as unresponsive but debutant Shreyas Iyer backed his spinners to secure an Indian victory on the final day of the opening Test.
'China would want to take a tougher stance against India forming those strategic partnerships and prevent Quad from becoming a military alliance.'
Representatives from the United States and Qatar, the UN, China, Uzbekistan, Pakistan, the United Kingdom, the EU, Germany, India, Norway, Tajikistan, Turkey and Turkmenistan joined a regional conclave on Thursday to discuss ways to contain the escalating security situation in Afghanistan.
An India-Japan joint statement said the two leaders expressed serious concern over the conflict and the unfolding humanitarian crisis in Ukraine.
Once the tanks roll back, a zero-based assessment of future equations with China is necessary. Given the conflict situations that China is imposing on India time and again, the red, amber and green lines of interactions with China need to be laid down and communicated in no uncertain terms, asserts Srikanth Kondapalli, the leading China expert.
Bumrah also that the team respects Kohli's decision to give up Test captaincy and was duly informed by the star batter.
Five years before Rajiv Gandhi was killed in 1991, the US Central Intelligence Agency had prepared a very detailed and thorough "brief" on what would happen if he is assassinated or makes an "abrupt departure" from the Indian political scene.
The Union health ministry on Thursday termed as 'misleading' and 'fallacious' media reports which claimed that regulatory approval for COVID-19 vaccine Covaxin was rushed due to political pressure.
The suicides have involved more NEET aspirants than JEE. 'It's a make-or-mar situation.' 'Either you get into a government medical college, where the fee is much lower than in private institutes, or you don't make it.'
There has not been a large impact of untimely rain and hailstorm so far in several major wheat-growing areas, and those might have damaged around 3 per cent of the standing crop -- not enough to make a big dent in the expected 112 million tonnes of production in FY24, a senior government official said on Tuesday. Relentless rain pounded most North Indian states all through March. Separately, the chairman of Food Corporation of India (FCI), Ashok K Meena, told reporters the agency was on track to achieve the targeted 34 million tonnes of procurement in FY24 on the back of a strong start to the purchase season from Madhya Pradesh.
'Ravi was very streetsmart, cricketsmart, so that made him more adaptable whenever situations changed or conditions changed.'
The local administration has set up relief centres at four-five places in the Himalayan town, Garhwal commissioner Sushil Kumar said.
"It has been decided that for approval of COVID-19 vaccines in India for restricted use in emergency situation which are already approved for restricted use by US Food Drug Administration, European Medicines Agency, UK Medicines and Healthcare products Regulatory Agency, Pharmaceuticals and Medical Devices Agency Japan or which are listed in WHO Emergency Use Listing and which are well established vaccines from the stand point that millions of individuals have already been vaccinated with the said vaccines, the requirement of conducting post approval bridging clinical trials and of testing every batch of vaccine by CDL, Kasauli can be exempted, if the vaccine batch/lot has been certified and released by National Control Laboratory of country of origin," it said.
'Investors should look to incrementally allocate towards equity from a medium-to-long term horizon.'
The Supreme Court adjourned to Tuesday the hearing on a plea of the Securities and Exchange Board of India (SEBI) seeking extension of six months to complete a probe into allegations of stock price manipulation by the Adani group. The hearing on the market regulator's plea and PILs could not take place on Monday due to paucity of time and on account of scheduled hearing of certain matters before a special bench at 3 pm. A bench comprising Chief Justice D Y Chandrachud and justices P S Narasimha and J B Pardiwala on May 12 had said it would consider granting three more months to Sebi for concluding its probe into the allegations of stock price manipulation and lapses in regulatory disclosure.
Xi said that China's extraordinary efforts have helped it prevail over unprecedented difficulties.
NITI Aayog has not said what the reasons were for having achieved or not having achieved what was sought to be achieved, or what lessons can be learned for the future, points out Aakar Patel.
With Western corporations, including Microsoft, AWS and Oracle, shutting down their operations in Russia, the rest of the world has become acutely aware of its dependence on a clutch of technology service providers.
Populism gains momentum during election periods, and this trend is evident in at least four states: Telangana, Rajasthan, Madhya Pradesh and Chhattisgarh.
Whenever there is an evaluation scheme, it is human tendency to score as high as possible. None would like to highlight their shortcomings, and everyone likes to highlight their positives. This is what is happening in this context of rankings as well, points out Profesor N Ravichandran.
The G20's Bali Declaration Wednesday acknowledged differences among members on the Russia-Ukraine war but said it was essential to adhere to international law, including protection of civilians caught in conflicts.
'Pocketing' is a dating situation in which a partner does not disclose or acknowledge your relationship in public and prefers to keep it a secret, explains Sybil Shiddell, country manager India, Gleeden, a discreet extra marital dating Web site.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances