'Judges have transmitted a terrible message to citizens across the nation. All right-thinking individuals will be disturbed by what the Delhi high court judges have done.'
India's forex reserves fell by $276 million to $699.96 billion during the week ended October 3, according to RBI data. In the previous reporting week, India's forex reserves had dropped by $2.33 billion to $700.24 billion.
'This is an area where good lending can happen, and that is one of the priorities for the next quarter.'
Israel's government has approved a proposal to bring all the remaining 5,800 Jews from India's north-east, commonly referred to as Bnei Menashe, over the next five years.
Agitators at Tezpur University on Sunday vowed to enforce a shutdown at the institution, which has been witnessing sustained protests since mid-September against alleged irregularities by Vice Chancellor Shambhu Nath Singh, till a formal communication from the Centre regarding the VC's removal is received.
CPGRAMS -- an online platform available to citizens 24x7 to lodge their grievances to public authorities on service delivery -- has existed for close to two decades. But it has never been this active, points out Tamal Bandyopadhyay.
What appeared to be a generous act of friendship was, in truth, a manoeuvre within a much larger strategic game. The United States used the 1962 war not just to aid India but to test how far it could be pulled into the Western fold, points out Dr Kumar.
Almost a decade after India shifted to a formal inflation-targeting regime under the Monetary Policy Committee (MPC) framework of the Reserve Bank of India (RBI), a high-level panel of economists said that the flexible inflation targeting has largely worked in keeping it under control and no major revamp is required.
Cyber fraudsters have duped Delhi residents of nearly Rs 1,000 crore so far this year, with investment scams, digital arrests and boss scams emerging as the most common cybercrimes.
India's forex reserves dropped by $2.334 billion to $700.236 billion during the week ended September 26, according to the RBI data on Friday.
Voting is underway for the second and final phase of the Bihar assembly elections across 122 constituencies. Key candidates and political dynamics are in focus as the state decides its next government.
India's merchandise trade deficit widened to a record $41.68 billion in October, as gold imports trebled and outbound shipments registered their sharpest contraction in 14 months, according to data released by the commerce department.
In Bihar, women outvoted men and, perhaps, became one of the decisive factors behind the NDA's landslide victory in the assembly polls in the state on Friday.
The National Democratic Alliance was set to sweep the Bihar assembly polls, surging ahead in over 200 of 243 seats on Friday with the Bharatiya Janata Party emerging as single largest party with about 90 per cent strike rate, reaffirming the popularity and campaign clout of Prime Minister Narendra Modi, who was the face of the ruling alliance through the poll battle in the highly sensitive political state.
'Calibrated depreciation will help rebalance external fundamentals, offset some of the tariff differentials with competitors, improve the competitiveness of domestic substitutes vis-a-vis Chinese imports, and contribute to the easing of financial conditions at a time when the inflation rate is unusually low,' explains Sajjid Z Chinoy, head of Asia Economics at JP Morgan.
This is the fourth such death reported in the state since the exercise began on November 4, sparking a political blame game.
What is currently perceived as a massive, low-tech liability could become a high-value, export-oriented economic engine, points out Ajit Balakrishnan.
India face hosts Tajikistan on August 29 followed by matches against Iran on September 1 and Afghanistan on September 4.
'This election was won because of Nitish Kumar's face and his policies.'
India's housing finance sector is riding a wave of post-pandemic revival, driven by policy support, digital innovation, and growing demand from younger homebuyers in emerging cities.
'Nitish Kumar previously held tight control over key ministries, but this concession (giving the home portfolio to the BJP) reflects either his weakened political position or a pragmatic acknowledgment of the BJP's growing dominance.'
The Supreme Court has restrained lower courts from releasing the accused in a digital arrest fraud case where a 72-year-old lawyer was duped of Rs 3.29 crore. The court expressed concern over the growing cybercrime and the targeting of elderly citizens.
Former poll strategist Prashant Kishor's Jan Suraaj expressed disappointment over its poll debacle in the Bihar assembly elections, attributing the NDA's victory to cash transfers to women.
Sporadic violence erupts across Bangladesh as the nation awaits a special tribunal verdict against former Prime Minister Sheikh Hasina in a case of alleged crimes against humanity. Security is heightened, and authorities are on high alert.
India's forex reserves jumped $4.7 billion to $702.97 billion for the week ended September 12, the Reserve Bank of India said on Friday. In the previous reporting week, the overall reserves had increased $4.04 billion to $698.27 billion.
A flight ticket reveals that Dr. Adil Ahmad, arrested in Saharanpur, traveled from Srinagar to Delhi days before the Red Fort blast, raising questions about his possible involvement.
Those who bowl at 150 kph are kings, but I am also working on slower balls, yorkers: Umran Malik
'...not merely in managing fiscal mathematics, but in demonstrating conservatism and prudence within that framework.' 'Looking forward, we believe sufficient growth drivers exist -- ranging from government reforms to revival in consumption to favourable monsoons. Numerous factors support the Indian economy.'
Bank unions on Friday deferred their two-day nationwide strike beginning Monday after they received positive assurance from both the finance ministry and the IBA on their demands, including a five-day work week and adequate recruitment in all cadres. The strike call for March 24 and 25 was given by United Forum of Bank Unions (UFBU), an umbrella organisation of nine bank employees' association.
The Deepa Thoon controversy, if not allowed to die a natural death, could take the election focus away from the anti-incumbency impacting the DMK and into the secular space. Stalin would love to have it that way, all over again, after the three past elections, points out N Sathiya Moorthy.
While the economy will wait for a rate cut in December, the banking industry should be happy with the wave of liberalisation -- a big push for growth in bank credit, points out Tamal Bandyopadhyay.
'The (Maoist) organisation is in visible decline. Their senior leaders are ageing. Forest life is unforgiving -- older leaders simply cannot cope physically.' 'Earlier, they attracted educated youth from cities. That stream has dried up. Today's recruits largely come from poor village backgrounds and lack ideological depth.'
'Unless banks focus on the Rs 10-15 lakh loan segment, growing affordable housing will remain a challenge.'
Prime Minister Narendra Modi asserted that the record turnout in the first phase of the Bihar assembly polls indicates people's trust in the NDA government. He predicted victory for the NDA, led by Chief Minister Nitish Kumar, and lauded the Election Commission for conducting successful elections.
The Bihar chief minister had a point to prove in the latest assembly elections, which were held amid speculations of a fatigue factor, if not downright anti-incumbency, made worse by rumours of his indifferent health.
There are four first-timers in Jamil's camp of 25 players -- defenders Alex Saji, Sunil Benchamin, Muhammed Uvais, and forward Manvir Singh.
An ECI statement issued from New Delhi put the voter turnout at 68.76 per cent. The female turnout (74.03 per cent) was significantly higher, compared with males (64.1 per cent).
If he cannot do it this term by using his bureaucracy and experts from different fields, it will be a tragedy, asserts Ramesh Menon.
Bihar recorded its highest-ever voter turnout of 67.14 per cent in the second and final phase of the assembly elections. The election is seen as a referendum on Chief Minister Nitish Kumar. Kishanganj recorded the highest polling percentage at 76.26.
Stock market investors this week would track the renewed tariff tensions between the US and China, domestic inflation data, besides, quarterly earnings from blue-chips HCL Tech, Infosys and Reliance Industries would also drive the momentum in equities, analysts said.
