The controversial colonial-era Kohinoor diamond claimed by India is to be cast as a symbol of conquest as part of a new display of Britain's Crown Jewels at the Tower of London set to open to the public in May.
India and the US on Monday committed to further improving bilateral ties, exploring alternate mechanisms for funding renewable energy and actively pursuing the G20 agenda which includes strengthening MDBs and taking coordinated action to deal with climate change. Several issues, including climate action, rising indebtedness in low and middle income countries and digital public infrastructure, figured during a bilateral meeting between Finance Minister Nirmala Sitharaman and US Treasury Secretary Janet Yellen held on the sidelines of the G20 meeting of Finance Ministers and Central Bank Governors. India, Sitharaman said, will "look forward to furthering ... bilateral interests through development cooperation and new investment opportunities through Alternate Investment platforms for renewable energy."
India has also taken note of reports of Saeed's son Talha contesting elections in Pakistan and said the "mainstreaming" of radical terror outfits in the neighbouring country is nothing new and that it has been part of its State policy for a long time.
Several opposition MPs on Wednesday demanded an explanation from Home Minister Amit Shah after two visitors jumped into the Lok Sabha chamber from the visitors' gallery and opened canisters that emitted coloured smoke, triggering panic among the members.
She further said that Rahul Gandhi's words were not driven by animosity, despite his disqualification and subsequent legal victory.
The last minute decision of the Congress to withdraw Rahul Gandhi's name as the lead speaker on the no-confidence motion in the Lok Sabha led to heated exchanges between the opposition and treasury benches on Tuesday.
'They have since only tried to improve systems. Also, with regulatory guidance from time to time, we are in a position to assess a situation and react in time.'
US nominee for World Bank president, Ajay Banga, has tested positive for COVID-19 following which the meetings scheduled during his two-day visit to India have been cancelled. According to a Finance Ministry statement, Banga's meeting with Nirmala Sitharaman would not happen as he is in quarantine. "During routine testing, Ajay Banga tested positive for COVID-19 but remains asymptomatic.
Hafiz Abdul Salam Bhuttavi, an United Nations-designated terrorist who trained the Lashkar-e-Taiba (LeT) attackers for the 2008 Mumbai terror attack and acted as the outfit's chief on at least two occasions, died in a prison in Pakistan's Punjab province while serving a sentence for terror financing, his aide said on Wednesday.
'Higher inflows into these securities should lead to lower borrowing costs for the government.'
The Upper House was earlier adjourned twice in the afternoon session when it took up the discussion on the Budget after Prime Minister Narendra Modi finished his speech on the motion of thanks on the President's address and the motion was passed.
The Reserve Bank of India's (RBI's) decision to withdraw the incremental cash reserve ratio (I-CRR) is expected to benefit banks during the festival season. They are likely to increase deposit rates by up to 25 basis points (bps) in select maturity buckets. The rise in demand for funds to cover tax payments and meet quarter-end business targets could influence rate decisions by banks, according to bankers and money market executives.
When he didn't respond (Mr Saver has lost count of how many relationship managers he has had in the past few years!), the gentleman landed up at his doorstep and started pleading with him to open fixed deposits with the bank, observes Tamal Bandyopadhyay.
Meanwhile, US President Joe Biden condemned Russia's annexation of Ukrainian territory on Friday.
Know the forts India has nominated to the UNESCO World Heritage list.
Finance Minister Nirmala Sitharaman's Budget speech on Wednesday was marked by the usual thumping of benches by the ruling alliance members, but the loudest cheer was reserved for her announcement of income tax relief, which was welcomed by 'Modi, Modi' chants in Lok Sabha that also witnessed a few instances of protest by the Opposition.
on Thursday adjourned sine die, ending the four-week-long second leg of the Budget session, during which treasury and opposition members locked horns over Rahul Gandhi's 'democracy' remark and the Adani issue.
If the war in the Israel-Gaza region escalates into a larger West Asian conflict, it could pose problems.
Prime Minister Narendra Modi on Monday expressed confidence that the NDA will get more than 400 seats and the BJP will win at least 370 seats in the Lok Sabha elections.
Ruling and opposition members in Rajya Sabha on Tuesday sparred over 'foul' remarks made by Congress president Mallikarjun Kharge in Rajasthan's Alwar, with treasury bench members seeking an apology from him.
In his letter to Ajit Pawar, who too is a deputy CM, Fadnavis said Malik has the right to attend the assembly as an MLA and added that "we (the BJP) do not harbour any personal animosity or grudge" against him.
Sonnalli Seygall got married to Ashesh Sajnani in an intimate gurudwara wedding in Mumbai but threw the doors wide open for the reception.
"I want to send you my good wishes that you prepare so much that you get a chance to bring a no-confidence again in 2023," he had said while replying in Lok Sabha to the no-confidence motion in 2019, ahead of the general elections.
The UK government announced on Monday that it has facilitated London-based banking major HSBC to buy the embattled UK arm of Silicon Valley Bank for 1 pound, securing the deposits of more than 3,000 customers worth around 6.7 billion pounds. Santa Clara, California-based Silicon Valley Bank - which specialised in lending to technology companies - was shut down by US regulators on Friday in what was the largest failure of a US bank since 2008. According to experts, although the UK arm of SVB was small with only around 3,000 business customers, its collapse would have presented a risk for the tech sector which is seen as crucial to Britain's economic growth.
'Rhetoric and chest-thumping are running high on India's recent growth record.'
'But will the giant waves developing elsewhere allow us to sail smoothly into fair winds?' asks Debashis Basu.
In the chair was Defence Minister Rajnath Singh, a Bharatiya Janata Party leader of the old school with friends across parties unlike the duo who currently run the BJP.
He said the prime minister has received global recognition and India was rising under his leadership.
The banking system's liquidity slipped into deficit for the first time in the current financial year (2023-24) due to the imposition of the Incremental Cash Reserve Ratio (I-CRR) for banks and outflows from goods and services tax (GST) payments, according to dealers. Reserve Bank of India (RBI) data shows it injected Rs 23,644 crore on August 21. The last time liquidity was in deficit was on March 27, when the RBI injected Rs 45,575 crore.
Foreign flows into Indian equities are expected to pause in the short to medium term, say analysts. The outlook is influenced by multiple factors, including rising oil prices, actions from global central banks, climbing bond yields, and the dollar index gaining prominence. "Valuations appear rich with the markets at record highs.
Congress president and Leader of Opposition in Rajya Sabha Mallikarjun Kharge on Wednesday claimed he was 'insulted' as his mic was turned off while he was speaking in the House the previous day.
Parliament's Budget session has been a washout since the beginning of its second part on March 13, with the BJP demanding an apology from Gandhi.
The no-confidence motion was defeated by voice vote in the state assembly shortly after 1 am following a 13-hour debate.
Those who consider the rupee as a proxy for virility have started thumping their chests and dreaming of dethroning the dollar from its coveted position, observes Tamal Bandyopadhyay.
'Data-dependence means you can raise or drop rates. The present stance is only for raising rates.'
Ahead of the Parliament session, the government will hold a meeting with leaders of all parties on Sunday to brief them and hear their views, amid an intense buzz on whether it will have some surprise item up its sleeve during the five-day sitting.
The Congress on Wednesday came out in defence of Rahul Gandhi saying he never disrespects women and the Bharatiya Janata Party is indulging in an 'indecent' act of accusing him of 'misconduct' as it does not want a debate on Manipur violence.
Only a misogynistic man can gesture a flying kiss to female parliamentarians, Irani said.
The stock of the country's largest passenger vehicle maker, Maruti Suzuki India (MSIL) was down 1.06 per cent in trade on margin pressures in Q1FY24, mixed market share outlook, and earnings impact due to the buyout of Suzuki Motor Gujarat. While MSIL has decided to terminate the contract manufacturing agreement and acquire Suzuki Motor Gujarat, the quantum of payment and mode (cash/equity swap) has not been decided. If the cash option is opted for, there would be a 3.5-4 per cent hit to MSIL's FY25 earnings per share as the deal is expected to be completed by the end of the current financial year.
'Gold prices thrive on volatility and more so when the stock markets trend downward.'
The Khalistan movement leader is trying to provoke Hindu Canadians to react and divide the Hindu and Sikh communities in Canada, Arya said.
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