Reserve Bank of India (RBI) on Friday kept the benchmark interest rate unchanged at 4 per cent and decided to continue with its accommodative stance despite rising inflation. This is the 11th time in a row that the Monetary Policy Committee (MPC) headed by RBI Governor Shaktikanta Das has maintained the status quo. RBI had last revised its policy repo rate or the short-term lending rate on May 22, 2020 in an off-policy cycle to perk up demand by cutting the interest rate to a historic low.
White House press secretary Jen Psaki warned of the potential use of chemical weapons in Ukraine after Moscow alleged the United States was housing biological weapons in Ukrainian territory.
The move, which is likely to allow the Chinese to mine the mineral-rich area of Gilgit Baltistan rampantly, has triggered another wave of protests and violence by the local communities.
Michael Dalvi, who played first class cricket for Delhi, Tamil Nadu and Bengal, once hit a century against a fiery Malcolm Marshall and the West Indies. At 77, he has a razor sharp memory, a ready wit and is a rare cricketing treasure.
Premises of former Karnataka chief minister B S Yediyurappa's close aide Umesh were among those raided by Income Tax sleuths in the State on Thursday.
The ministry-making exercise took so long because many factors needed to be balanced. But now that it is in place, not everyone is happy with the resultant equation.
While we seem to want soldiers on short-term engagement, warfare itself is getting more technical and needs skilled manpower. The world has seen the dismal performance of armies that rely on short tour of duty soldiers or have outsourced war to 'contractors' in Afghanistan and now in Ukraine, points out Colonel Anil A Athale (retd).
TV visuals showed the giant crane falling on the ground with a loud thud.
Chinese state-sponsored hackers had targeted India's power grids in Ladakh possibly for information on India's critical infrastructure or to prepare for sabotage in the future, according to the American cybersecurity firm Recorded Future.
Mickey Contractor brings the ladies together.
The legendary Sunil Gavaskar wants Rishabh Pant to succeed Virat Kohli as the next India Test captain as he believes a sense of responsibility will make the glovesman a better cricketer in all forms of the game.
Finance Minister Nirmala Sitharaman is scheduled to address the post-budget meeting of the RBI's central board on Monday and highlight key points of the Union Budget 2022-23, including the fiscal consolidation roadmap and high capex plan. It has been a custom that the finance minister addresses the RBI board, consisting of RBI Governor and existing four deputy governors, after the Budget. The meeting has been scheduled for February 14 where she would be addressing the board members and talk about announcements made in the Budget to perk up growth hit by three waves of COVID-19, sources said.
Reliance Industries Ltd, whose offering of rock-bottom tariffs shook up the telecom industry, is looking to repeat the feat in the green energy business, where its billionaire chairman Mukesh Ambani sees promise to outshine all existing growth engines in 5-7 years. Having pledged Rs 6 lakh crore on green energy, Ambani says RIL will scale up investments in this business which will start going live in the next 12 months. "Over the next 12 months our investments across the Green Energy value chain will gradually start going live, scaling up over the next couple of years," Ambani, chairman and managing director of RIL, said in the company's latest annual report.
'Cyrus was always very different. He would think before acting.'
The eastern part of Ukraine has been witnessing intense fighting between Russian and Ukrainian troops.
While the rich are buying expensive luxury vehicles in Patna, the poor continue to suffer. The pandemic, discovers M I Khan, has cast new light on the stark economic divide in the capital city of Bihar, India's poorest state.
Kejriwal said the previous Congress government was called "20 per cent commission government" and the current Bharatiya Janata Party government "40 per cent commission government."
Success in Karnataka's assembly polls will hinge on two factors: Drop a large number of incumbent MLAs and project Modi and not the state leaders, least of all Bommai.
The official confirmed that these are the first four Americans that "we've facilitated in this manner" since the withdrawal of US troops from Afghanistan.
11 categories of industries will be exempt from the Madhya Pradesh Industrial Relations (MPIR) Act of 1961. This includes textile, leather, cement, iron and steel, electrical goods, sugar, electricity, public motor transport, engineering including manufacture of motor vehicles, among others.
An ONGC helicopter carrying nine persons including two pilots, on Tuesday fell into the sea while attempting to land on a company's rig in the Arabian Sea, the company said, adding that six persons have so far been rescued.
Waze's letter claimed that in January 2021, another state minister Anil Parab asked him to look into an inquiry against "fraudulent" contractors listed in the BMC and collectat least Rs 2 crore from about 50 such contractors.
Rakesh Ballav, the captain of the barge, and others have been named in the FIR, a Mumbai Police spokesperson said.
Plans to offer up to 10% of project cost as bonus to highway contractors, compared to 5% at present
At a time when crude oil and natural gas prices are sky-high, public sector behemoth ONGC's haphazard planning and mismanagement in developing showpiece deep-sea KG-D5 block is costing the nation over Rs 18,000 crores due to the delayed output of oil and gas, government officials said. ONGC was originally to start gas production from the Cluster-II fields in block KG-DWN-98/2 (KG-D5) in June 2019 and the first oil was to flow in March 2020. But these targets were quietly shifted to end-2021 because of deferments in awarding the fragmented work packages of the project, two officials with direct knowledge of the matter said on condition of anonymity.
The Reserve Bank of India on Thursday kept the benchmark interest rate unchanged at 4 per cent and decided to continue with its accommodative stance against the backdrop of an elevated level of inflation.
Birsa Munda International Hockey Stadium in Sundargarh district will be packed to the rafters during the FIH Men's Hockey World Cup.
With the increased death rate in the ongoing second wave of Covid-19, domestic cement companies are in no better condition than they were in the April-June quarter of FY21 when the country faced nationwide lockdown. "This wave has had high death rate which has impacted the business. "We are in no better situation than last (year) April. "Deaths of drivers, dealers, contractors and also employees have hit the industry really very hard since April (FY22)," M Ravinder Reddy, director of Bharathi Cements said.
'The 10% increase in women voters was a determined bloc of voters.' 'They were willing to try this third party, specially because it seemed it had done something in Delhi.'
Protesters attacked what they deemed to be US' disproportionate response -- the killing of 24 militiamen on Sunday in retaliation for the death of an American contractor on Friday.
Post-bribery disclosure, Cognizant is not pursuing greenfield expansion in the country and relying on leased facilities for new demands. The incident, which came to light in 2016, is also said to have claimed 200-300 jobs so far mainly in areas like administration, legal, and procurement.
'The BJP talks about prosperity, but it doesn't want anybody to prosper.'
Meet Nita Ambani's go-to make up artist, Mickey Contractor.
'The selling in India may emerge as soon as the RBI reverses its interest rate stance.'
However, the government has enacted an important change to the fixed-term employment framework that may help companies in handing out contractual jobs to its existing permanent workforce.
Though largely seen as an official visit, with less than a year for elections, Shah during this trip is likely to meet senior party leaders including Chief Minister Basavaraj Bommai, veteran leader B S Yediyurappa among others
To be able to manage any such uptick, Indian IT services players are hiring more locals, and relying on hybrid work models.
At least 14 workers were injured after a girder of an under-construction flyover at MTNL junction in suburban Bandra Kurla Complex in Mumba collapsed early on Friday, civic officials said.
Deepika bonded with Aishwarya. Anil Kapoor and wife mingled with the Thackerays.
State Health Minister Rajesh Tope ordered a probe.
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