Shiv Sena-Uddhav Balasaheb Thackeray MP Sanjay Raut on Thursday took a dig at the Bharatiya Janata Party-led central government while raising doubts on its longevity, saying that he has doubts in his mind about whether the Union government will survive after 2026 or not.
'It is ensured that no adversaries or people who oppose Tahawwur Rana's philosophy are housed in the same ward or jail.' 'Additionally, it is ensured that he does not have any prior contacts within that jail.' 'So, the lodgment of such a high-profile prisoner is done very carefully.'
Has there existed another cricketer who has been hailed as a spinner, fielder, captain, umpire, selector, and above all, a consummate team man, asks K R Nayar.
The Securities and Exchange Board of India (Sebi) has introduced stricter Key Performance Indicator (KPI) disclosures for initial public offers (IPOs). These new standards, developed in collaboration with industry associations, aim to enhance transparency and provide investors with a clearer understanding of a company's valuation and business performance.
Former RBI governor Raghuram Rajan on Monday said the central bank will have to raise interest rates to tame inflation and the hikes need not be considered by politicians and bureaucrats as some "anti-national" activity. Known for his frank views, Rajan also said it was important to remember that the "war against inflation" is never over. "Inflation is up in India. At some point, the RBI will have to raise rates, like the rest of the world is doing," he said in a LinkedIn post.
The Mammootty-starrer is a passable procedural, let down by half-baked ideas that don't necessarily come together, observes Arjun Menon.
The Indian government has established two expert committees aimed at elevating the country's sports performance.
Indians' belief in the country's economic future has diminished in the recent years, with the COVID-19 pandemic taking a further toll on sentiment while pushing many middle-class citizens into poverty, former RBI governor Raghuram Rajan has said. Virtually addressing an event organised by the NALSAR University of Law, Rajan further said the domestic stock market is booming but that does not reflect the reality that many Indians are in deep distress.
Terrorists opened fire at a popular tourist spot near Kashmir's Pahalgam town on Tuesday afternoon, killing 26 people, mostly holidayers from other states, in what is the deadliest attack in the Valley since the Pulwama strike in 2019.
Amid concerns over minorities being targeted in India, former Reserve Bank governor Raghuram Rajan on Thursday cautioned that an 'anti-minority' image for the country can lead to loss of market for Indian products and may also result in foreign governments perceiving the nation as an unreliable partner. India enters the perception battle from a position of strength, the professor at Chicago's Booth School of Business said, alluding to credentials like democracy and secularism, but warned that this battle is "ours to lose". The comments came a day after bulldozers tore down several concrete and temporary structures close to a mosque in Jahangirpuri as part of an anti-encroachment drive, days after the northwest Delhi neighbourhood was rocked by communal violence.
Gangster Chhota Rajan, arrested in Bali on Monday and who is likely to be extradited to India, was not one to forgive or forget easily. Mumbai's foremost crime writer S Hussain Zaidi recalls the time when Rajan was almost killed in an attack by his rival Chhota Shakeel, and how Rajan extracted revenge across continents.
Police in Maharashtra have registered two FIRs against BJP general secretary Vinod Tawde, party candidate Rajan Naik and others for allegedly distributing cash to voters at a hotel in Palghar ahead of the state assembly elections. A separate FIR was also registered against BJP and Bahujan Vikas Aghadi functionaries for allegedly attempting to hold a press conference, violating election code of conduct. The incidents occurred on the eve of the Maharashtra assembly polls, with allegations of cash distribution and attempts to influence voters.
The Indian economy has "some bright spots and a number of very dark stains" and the government should target its spending "carefully" so that there are no huge deficits, noted economist and former RBI Governor Raghuram Rajan said on Sunday. Known for his frank views, Rajan also said the government needs to do more to prevent a K-shaped recovery of the economy hit by the coronavirus pandemic. Generally, a K-shaped recovery will reflect a situation where technology and large capital firms recover at a far faster rate than small businesses and industries that have been significantly impacted by the pandemic.
Eminent cardiac surgeon Dr K M Cherian, who performed the country's first coronary artery bypass surgery about 50 years ago, has passed away. The veteran surgeon, in his 80s, died in Bengaluru on Saturday after reportedly collapsing during a function. Prime Minister Narendra Modi and Tamil Nadu Chief Minister M K Stalin have expressed their condolences, recognizing Dr Cherian's contributions to cardiology. Dr Cherian, who founded the Frontier Lifeline hospital in Chennai, was a recipient of the Padma Shri award.
Rajan said the government focussed more on fulfilling its political and social agenda rather than paying attention to the economic growth.
The fervour for the India-Pakistan match is so intense that for many beating Pakistan in Dubai seems even more important than winning the Champions Trophy itself, observes K R Nayar, the veteran cricket writer.
'There is need for India-specific pricing.' 'Google, Microsoft and others also have different pricing.' 'It is important for OpenAI to think on these lines as the global pricing may not work in the Indian context.'
During Emergency Indira Gandhi acquired absolute power. Lakhs of political opponents, students, activists were arrested.
'Those seeking short-term benefits are joining the Shinde-led Sena and the ones looking at long-term benefits are joining the BJP.'
'At the age of 68, I am in the best phase of my life.' 'What I have left of my life, I want to live with dignity.'
Observing that it is not yet clear to him what the government means by 'Atmanirbhar Bharat', Rajan said if it is about creating an environment for production, then it is a re-branding of the Make in India initiative.
Free speech is the soul of a great university. By compromising on it, the founders have bartered away its soul, said Rajan.
A special Central Bureau of Investigation court in Mumbai has accepted the closure report filed by the probe agency against jailed gangster Chhota Rajan in a case of attempt to murder of a noted journalist in 1997.
India needs foreign exchange buffer reserves to insulate itself from exchange rate volatility as we have "no friends" for swap lines and Japan was the only country that helped during the taper tantrum in 2013, former RBI Governor Raghuram Rajan said on Tuesday. Participating in a virtual event organised by economic think tank NCAER, Rajan said during the taper tantrum in 2013, India asked for swap lines, and only country who helped was Japan. "We need this (foreign exchange) reserve buffer to insulate ourselves because we have no friends.
Former Reserve Bank of India governor Raghuram Rajan said that Rs 65,000 crore is required to help the poor affected by the coronavirus-induced lockdown. He also laid stress on the need to restart the economy while taking precautions.
The argument that India is going towards a 'Hindu rate of growth' is "ill-conceived, biased and pre-mature" when weighed against the respective data on savings and investments, said SBI Research in its Ecowrap report. The term Hindu rate of growth was coined by economist Raj Krishna in 1978, which denoted the economic growth of about 3.5-4.0 per cent in terms of GDP during 1947-1980. "India's quarterly sequential Y-o-Y GDP growth has been in a declining trend in FY23.
Shinde had retained most of the sitting MLAs, who chose to be with him when he led the rebellion two years ago. They delivered for him on Saturday when votes for the state polls were counted.
Rajan's departure from the RBI is an end to 'outside interference' in policy making, government insiders feel.
Shruti, who lost her entire family in the Wayanad landslide disaster and later her fianc in a road accident, began a new chapter of hope by joining government service. The state cabinet had recently decided to provide a government job to the young woman, who had endured back-to-back tragedies. She joined the Revenue Department as a clerk in the mountainous district, expressing gratitude to the government for its support during her difficult times.
Two years after his dismissive stance on India's AI potential raised eyebrows here, OpenAI CEO Sam Altman on Wednesday gave a ringing endorsement to Artificial Intelligence momentum in the country -- and billed India as an important market not just for the new-age technology itself but for the ChatGPT creator as well. In New Delhi on Wednesday, Altman -- while sharing dais with Union IT minister Ashwini Vaishnaw -- said India is the second biggest market for the company and that Open AI had tripled its users here in the last year.
rediffGURU Vipul Bhavsar answers readers' personal income tax queries.
The Bahujan Vikas Aghadi supporters gheraoed Vinod Tawde and raised slogans.
Jaitley slams Rajan for MSME banking crisis statement, says postmortem is easier than action
Bharatiya Janata Party general secretary Vinod Tawde on Wednesday dismissed the allegations of distributing money to influence voters, saying he was well aware of the rules and not foolish to indulge in such an activity at the hotel of political opponents.
Reserve Bank Governor Shaktikanta Das on Tuesday said the fiscal-monetary coordination was at its best during the last six years even as he thanked Prime Minister Narendra Modi for giving the opportunity to head the monetary authority of the country. Das, in a series of posts on X, on his last day of his six-year term as RBI Governor, also thanked the Finance Minister, various stakeholders and his colleagues at the central bank.
The process for deportation of underworld don Chhota Rajan has begun even as India and Indonesia are to expedite the work on implementation of an extradition treaty.
As many as 190 people have died and over 200 injured in the massive landslides that hit Wayanad district two days ago, with the numbers expected to increase even more as rescuers unearth debris, the district administration said on Thursday.
Both she, and her fashion choices, are as cute as a button.
The India Meteorological Department (IMD) on Monday issued a warning of significant rainfall in Kerala due to cyclone Fengal, currently positioned as a strong low-pressure area over northern Tamil Nadu.