The Reserve Bank on Wednesday hiked key benchmark policy rate by 25 basis points to 6.5 per cent, citing sticky core inflation. This is the sixth time interest rate has been hiked by the Reserve Bank of India (RBI) since May last year, taking the total quantum of hike to 250 basis points. Announcing the bi-monthly monetary policy, RBI Governor Shaktikanta Das said the Monetary Policy Committee (MPC) by a majority decided to raise the policy repo rate by 25 basis points and keep a 'strong vigil' on inflation outlook.
Ambassador Islam A'Isi' Siddiqui -- who recently resigned from his position as chief agricultural negotiator in the office of the United States trade representative -- has joined the Center for Strategic and International Studies as senior adviser on Global Food Security.
The online world is filled with love gurus promising to teach "how to woo someone in minutes", unlike those who talk about the need to do the self-work.
Science is a young person's game. An award to a young scientist could free up that person to do productive work, or help win more grants by enhancing reputation, argues Devangshu Datta.
It is not unlikely that ahead of the Lok Sabha elections, the BJP government comes up with more imaginative schemes aimed at constituency-building. The party under Modi's leadership has a more modern thinking in such matters unlike its rivals, which are still steeped only in ideology, points out N Sathiya Moorthy.
The World Bank on Sunday said the coronavirus outbreak has severely disrupted the Indian economy, magnifying the pre-existing risks to its outlook. In its 'South Asia Economic Update: Impact of Covid-19', the World Bank estimated the Indian economy to decelerate to 5 per cent in 2020 and projected a sharp growth deceleration in fiscal 2021 to 2.8 per cent in a baseline scenario.
FIFA named an African woman with no experience in football administration as its second most powerful official on Friday, part of changes made by the sport's ruling body to move on from a major corruption scandal.
Captain Shiva Chouhan is the first woman army officer to be deployed at 15,632 feet in the Siachen Glacier. 'It has been a memorable journey,' says the 25-year-old who has gone where no women officer has gone before.
Organisers warn participants against eating out over COVID-19 risks.
The Food Security Bill, the Land Acquisition Bill and the Aadhar card could bring electoral dividends to the government as it tries to hard to woo the poor, reports Renu Mittal
Swiss food giant Nestle will end its partnership with the International Association of Athletics Federations because of scandal surrounding the sport.
Jai Bhagwan has been without a job for six years. When we ask him how he managed to run his house without a job, he says matter of factly, 'I sold my wife's jewels.'
A G Padmanabhan's dream is to make India a 'no food waste economy' and promote sustainable ideas.
Lives "will once again be at risk" if funding is not urgently secured, United Nations officials have said on the eve of the first anniversary of a military crackdown that forced them to flee their country.
288 first-time offenders have been coaxed to leave the path of crime and lead a normal life.
Critical of the hurried clearance of the food security ordinance, Bharatiya Janata Party President Rajnath Singh said on Thursday the United Progressive Alliance government was just doing a "political gimmick in a hurry" before the 2014 general elections.
Only three percent of Indians pay income tax; our tax-GDP ratio is among the lowest in the world. This must change. Our elites must realise that India's poverty has damaging consequences for them, and that they can help decrease it. The food security bill, with all its limitations, will hopefully contribute to generating such awareness, says Praful Bidwai.
'If you look at the order books of capital equipment companies or money deployed on the ground, there is forward movement in terms of actual investment by the private sector.'
Here's the full text of address to the nation by President Droupadi Murmu on the eve of the Republic Day 2023.
The dinner Jill Biden and her husband US President Joe Biden hosted for Indian prime minister Narendra Modi, June 22, at the White House brought together, Indians and Americans from so many firmaments.
Accusing Congress of 'abuse culture', Prime Minister Narendra Modi on Wednesday urged the people of Karnataka to punish those indulging in abuse, while casting their vote in polling booths on May 10.
A lesson we have not learnt from China is the urgent need to knit the vast country together to keep it from falling apart at the seams. While there is considerable dent in poverty, sadly, the North East remains as distant today as it always was, points out Shreekant Sambrani.
'Nirmalaji must consider herself a very lucky finance minister, partly because of the government's response to covid and partly because we as a nation have done very well as an economy, post pandemic.'
Move over Sydney Opera House, Theatre Royal Drury Lane, Mumbai has a new entertainment venue that will rival many a global address.
'If one crore is sanctioned to make a road, they spend only Rs 40 lakhs and the remaining 60 lakhs is looted by the politician, bureaucrats and the contractor.'
Terming the ordinance promulgated by the Union cabinet to implement the Food Security Bill as a "cruel joke" on democracy, Bharatiya Janat Party President Rajnath Singh said that his party would not oppose the passage of the bill in Parliament but seek amendments to it.
After 24 months of slowdown beginning in January 2018 before the pandemic and then 18 months of collapse since January 2020, we have become the world's worst performing economy, observes Aakar Patel.
'A delay of two years has happened, but stretching it to 2024 is a bit too far.' 'And we do not know about 2024 also.'
'We would like to develop Andhra Pradesh into a logistics hub not only for India, but also for South Asia.'
Taking a dig at UPA government's ambitious food security programme, Gujarat Chief Minister Narendra Modi has said that the Centre was under the impression that merely bringing in the Bill would lead to food reaching the needy.
'Wherever in the world there is political instability, those countries are beset with severe crises today. But India is in a much better position than the rest of the world due to the decisions taken by my government in the national interest,' President Droupadi Murmu said in her address to both Houses of Parliament.
Mothers' advice from 50 years ago reappears, notes Ajit Balakrishnan.
'That is the one headline the world is reading about India this week, and it is a potentially damaging story...' 'I don't think a panic mentality has set in, but this story is one that investors and market watchers are absolutely seized with.'
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Can the leaky public distribution system, or PDS, deliver the subsidised grain to two-thirds of the population?
Prime Minister Narendra Modi's announcement of providing free inoculation to all adults will entail total spending of anywhere between Rs 45,000 crore and Rs 50,000 crore. This is higher than Rs 35,000 crore that the government had budgeted.
Taking to Twitter, Modi said that the Kashi Vishwanath Dham project will add to Kashi's spiritual vibrancy.
Prime Minister Narendra Modi will release cheetahs being brought from Namibia in Madhya Pradesh's Kuno National Park on Saturday morning, an official said on Friday.
'Should you give a man fish, or teach him how to fish?' 'Lurking hidden in the new bout of welfarism seems to be an admission that the State can't deliver for the poor anything other than cash,' notes T N Ninan.
As Commerce and Industry Minister Anand Sharma ruled out any possibility of a compromise, whispers were already being heard of a possible collapse of the talks.
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