The two leaders had a complex relationship yet formed a partnership and even after their parting of ways, the two admired each other in their efforts for India's freedom.
RBI Governor Shaktikanta Das on Friday said the government and the central bank are in discussion with South Asian countries to have cross-border trade in rupee. He also said the central bank digital currency (CBDC) is in trial phase and the RBI is moving very carefully and cautiously on digital rupee launch. After the successful launch of the wholesale pilot, the Reserve Bank of India (RBI) on December 1, last year, began its retail CBDC pilot project.
A Bangladeshi national, arrested for the knife attack on Bollywood actor Saif Ali Khan, entered India illegally seven months ago and used a fake Aadhaar card to procure a SIM card before moving to Mumbai, police said. The accused, Shariful Islam Shehzad Mohammad Rohilla Amin Fakir (30), was arrested from Thane for the stabbing incident at Khan's residence in Bandra. Fakir, who changed his name to Vijay Das, crossed the Dawki River to enter India illegally and used the Aadhaar card of a local man in West Bengal to procure a SIM card before moving to Mumbai in search of a job. He also tried to get an Aadhaar card for himself but failed. In Mumbai, he worked at places where he didn't need to furnish documents, with a labour contractor helping him get housekeeping work in pubs and hotels in Worli and Thane.
Jamshedpur FC dominated Mohammedan SC in their Indian Super League match, securing a 2-0 victory.
Three Hindu temples were vandalized by a mob in Bangladesh's Chattogram on Friday, following protests and violence sparked by the arrest of a former ISKCON member on sedition charges. The attack occurred in the port city's Harish Chandra Munsef Lane, where the Shantaneshwari Matri Temple, the nearby Shoni Temple, and the Shantaneshwari Kalibari Temple were targeted. Temple authorities reported that a group of hundreds threw brickbats at the temples, causing damage to the Shoni Temple and the gates of the other two. The incident has triggered diplomatic tensions between India and Bangladesh, with both countries expressing concerns over the safety of their respective minorities.
Seasoned bureaucrat and a stickler for rules Finance Secretary Tuhin Kanta Pandey will be at the helm of capital market regulator, Securities and Exchange Board of India (SEBI), for three years. The 1987-batch Odisha-cadre Indian Administrative Service (IAS) officer, Pandey, would replace Madhabi Puri Buch, whose three-year term ends on Friday.
Senior bankers anticipate discussions on issues related to technology, cyber security, and customer protection.
A man who was detained in Chhattisgarh's Durg railway station in connection with the January 16 Saif Ali Khan attack case was released on Sunday. Mumbai police earlier arrested a 30-year-old man from Thane near the metropolis in the case. The man detained from the Mumbai LTT-Kolkata Shalimar Jnaneshwari Express at Durg station on Saturday afternoon was just a suspect and he has been released after inquiry. Mumbai police said it had arrested alleged attacker Mohammad Shariful Islam Shehzad, a Bangladeshi national who had illegally entered India and changed his name to Bijoy Das. As per preliminary probe, he had entered the Bollywood star's home, in Satguru Sharan building in Bandra, in the early hours of January 16 with the intention of theft, police said in the metropolis. Khan (54) was stabbed multiple times in the attack, after which he underwent a five-hour surgery in nearby Lilavati Hospital.
'The BJP lacks a credible mass leader who matches Mamata Banerjee's popularity.' 'Given the division of votes among Opposition parties, the West Bengal government's dole-giving strategy, and the consolidation of the poor, significant sections of scheduled caste groups and Muslim minorities behind the ruling party, it will be difficult to dislodge the Trinamool from power.'
Saints and seers gathered at the Triveni Sangam for the 'Amrit Snan' on the occasion of Basant Panchami on Monday cautioned political leaders against misusing Sanatan Dharma and spreading rumours for political gain, and praised Chief Minister Yogi Adityanath over arrangements at the Maha Kumbh.
Olympic champion Neeraj Chopra, who had pulled out of two top events -- FBK Games in the Netherlands and Paavo Nurmi Games in Finland -- due to a muscle strain he sustained last month, has started training but is yet to recover fully.
'No woman is stronger than one who acknowledges her vulnerabilities.'
India needs to address Bangladesh's longstanding concerns to improve bilateral ties between Dhaka and New Delhi, Hossain said adding: Bangladesh's previous (ousted) government addressed the concerns of India, but India did not address Bangladesh's concerns.
Olympic champion Elaine Thompson's mentor Jerry Holness joins as Indian women's 400m coach
In a tightening cycle, a premature pause in monetary policy action would be a costly policy error, Reserve Bank Governor Shaktikanta Das opined while voting along with five other members of the MPC for raising the key lending rate by 35 basis points earlier this month, according to the minutes of the meeting released on Wednesday. Prior to the December hike in repo rate, the RBI had raised the key short-term lending rate by 190 bps in four tranche.
On the 94th anniversary of the revolutionary giant's martyrdom, Utkarsh Mishra revisits the events of February 27, 1931.
Firodia talked about his plans for the EV-components business, and the components business at large for the group
Towards the end of February, the Reserve Bank of India (RBI) restored the risk weighting on banks loans to non-banking financial companies (NBFCs; including to microfinance institutions, or MFIs) to 100 - back to its November 2023 position - from 125. It is only a partial relief though. "Higher risk weighting on unsecured lending continues to be in place while the same on bank funding to NBFCs has been done away with. "This is a positive step by RBI," says Rajiv Sabharwal, managing director (MD) and chief executive officer (CEO), Tata Capital.
West Bengal Chief Minister Mamata Banerjee alleged that some of the 95 Indian fishermen released by Bangladesh after being arrested for illegally entering its waters were beaten up in jail. Banerjee, who was in Sagar Island to oversee preparations for the upcoming Ganga Sagar Mela, felicitated the fishermen and described them as "victims of circumstances". She said some fishermen were limping and told her they were assaulted in jail with their hands tied, resulting in injuries below the waist and legs. She also announced two schemes to help fishermen in the state: 'Samudra Sathi' and 'Matsajibi Bandhu'.
Bangladesh will be without premier all-rounder Shakib Al Hasan for the ICC Champions Trophy after the veteran was excluded after getting suspended from bowling in all competitions.
The Reserve Bank on Wednesday announced the increase of the UPI Lite wallet limit to Rs 5,000 and per-transaction limit to Rs 1,000, in order to encourage wider adoption of the popular instant payment system through mobile phones. A limit of Rs 500 per transaction and an overall limit of Rs 2,000 per UPI Lite wallet, is presently applicable, with the facility of auto-replenishment. Unveiling the October bi-monthly monetary policy, Reserve Bank Governor Shaktikanta Das also said the per-transaction limit in UPI123Pay will be enhanced to Rs 10,000 from the current Rs 5,000.
A Haryana man who paid Rs 35 lakh to agents to facilitate his journey to the USA via the 'dunki' route was deported back to India after being apprehended in the US. The man, Pankaj Rawat, has filed a complaint with the Gujarat police accusing the agents of human trafficking and cheating.
Meanwhile, multiple fingerprints of the accused have been collected from various spots from actor's building, police said.
He said the air conditioners were run non-stop at a very low temperature, and they were given thin blankets, which were even thinner than silver foil paper and one could see through them.
The Gujarat police arrested filmmaker Avinash Das on Wednesday in a case related to sharing on Twitter a photo of Union Home Minister Amit Shah with arrested IAS officer Pooja Singhal, an official said.
Preliminary investigation suggests that he climbed the stairs to the seventh-eighth floor of the building where Khan and his actor wife Kareena Kapoor live with their children and domestic staff.
A man allegedly gate-crashed his niece's wedding reception in Maharashtra's Kolhapur district and mixed poison in the food prepared for guests as he was against her marriage, police said on Wednesday.
The Central Bureau of Investigation (CBI) on Friday filed an appeal before the Calcutta high court, seeking death penalty for RG Kar hospital rape-murder case convict Sanjay Roy.
Teenage sensation Dhinidhi Desinghu continued her impressive performance at the 38th National Games, winning her fifth gold medal as Karnataka dominated the swimming events.
Reserve Bank Governor Shaktikanta Das on Wednesday pitched for higher investment in infrastructure and reforms in labour and product markets to achieve sustainable growth post-pandemic. Addressing AIMA National Management Convention, Das underlined the need for increased investment in healthcare education, digital and physical infrastructure to ensure sustainable growth and generate employment opportunities.
I'...additional concessions, such as opening government procurement, reducing agricultural subsidies, weakening patent protections, and allowing unrestricted data flows -- demands India has resisted for decades.'
RBI cuts GDP growth projection to 6.6 per cent for current financial year, from earlier forecast of 7.2 per cent.
'The choice is clear: We either embrace this transformation and cement our global leadership, or hesitate, lose ground, and fade into irrelevance.'
Saif Ali Khan, the Bollywood actor, was stabbed multiple times by an intruder in his Mumbai home on January 16. The accused, Shariful Islam Shehzad Mohammad Rohilla Amin Fakir, has told police that he stabbed Khan in the back to free himself from the actor's grip after he was caught trying to steal. The actor underwent emergency surgery and was discharged from the hospital on Tuesday.
'The central bank has highlighted that the slowdown in growth has been limited to a few sectors and overall growth is expected to pick up in the second half of the year.'
Private sector bank board members have urged the Reserve Bank of India (RBI) top brass to consider workload management of the boards as they feel there are too many issues that go to the boards for approval and the situation becomes unmanageable at times. The views were conveyed to the regulator on Monday in a conference of directors of private sector bank boards on the theme "Transformative Governance Through Sound Boards". RBI governor Shaktikanta Das, deputy governors Swaminathan J and M Rajeshwar Rao, and other senior officials of the central bank participated in the conference.
At the PMO, policies are framed by factoring in analytical perspectives, implications, sustainability, and other dimensions.
Perhaps because the Modi government had some differences of opinion with two of the economist governors (one of whom was appointed by the Manmohan Singh government), there is a view that its political leadership prefers a civil servant to head the RBI, notes A K Bhattacharya.
The Reserve Bank on Wednesday retained the retail inflation projection at 4.5 per cent for fiscal 2024-25, with Governor Shaktikanta Das stressing that the central bank will have to closely monitor the price situation and keep the "inflation horse" under tight leash lest it may bolt again. Unveiling the October bi-monthly monetary policy, the Governor also said the flexible inflation targeting (FIT) framework has completed 8 years since its introduction in 2016 and is a major structural reform of the 21st century in India.
The Bangladeshi national arrested for attacking Saif Ali Khan gained entry into the actor's building by scaling its compound wall and went inside the main entrance after finding the security guards asleep, police said. The Mumbai police recreated the crime scene with the accused at the Satguru Sharan building in Bandra area, where the actor resides. Khan was stabbed repeatedly by the intruder, Shariful Islam Shehzad Mohammad Rohilla Amin Fakir alias Vijay Das, inside his 12-floor apartment in the wee hours of January 16. The actor suffered multiple stab injuries in the attack and underwent an emergency surgery at the Lilavati Hospital. He returned home on Tuesday. The police arrested the accused from neighbouring Thane city on Sunday.
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