The Congress on Friday questioned the silence of the government on the veracity of a video which purportedly shows injured Indian soldiers in captivity of the Chinese and said if it is genuine, then Prime Minister Narendra Modi must ensure that China is held globally accountable for indulging in war crimes.
US e-commerce giant Amazon has written to Ajay Tyagi, chairman of market regulator Securities and Exchange Board of India (Sebi), to take action as is necessary to comply with the Supreme Court Judgment, related to the $3.4-billion merger deal between Future Group and Reliance. Amazon has requested Sebi to direct the Indian stock exchanges to withdraw the Observation Letters related to this deal with immediate effect. In January this year, Sebi had given a go-ahead onto Future Group's scheme of arrangement and sale of assets to Reliance, based on which the Bombay Stock Exchange also granted its "no adverse observation" report to the Rs 24,713-crore ($3.4 billion) deal.
Retail inflation fell to a five-month low of 4.35 per cent in September from 7.27 per cent in the year-ago period as prices of vegetables and other items declined, according to government data released on Tuesday. The moderation in Consumer Price Index-based inflation is in line with the assessment of Reserve Bank Governor Shaktikanta Das who recently projected substantial softening of retail inflation. The CPI inflation was at 5.3 per cent in August and at 7.27 per cent in September 2020.
The tech giant said it is unable to provide revenue outlook for FY 21 due to business uncertainty amid COVID-19 outbreak.
'If things don't work on the ground and they continue moving at this pace, it will vanish.'
'A flower garden is being created on the Delhi-Dabur Tiraha road. This will cover the dirt lying on road stretches, and also emanate fragrance and improve the environment around'
Our demonisation and dehumanisation of minorities and especially Muslims is so complete that calls for the abduction of and sexual violence against Muslim girls are acceptable in our society today and can be made in public spaces. The damage we have done to India internally and externally will be lasting, warns Aakar Patel.
The results of the study, being published on the website of top academic journal Nature on May 20, implied the Huanan Seafood Market in Hubei's capital Wuhan may not be the birthplace of COVID-19, although the virus outbreak emerged in Wuhan had a strong link to contacts with the market.
Representatives from the United States and Qatar, the UN, China, Uzbekistan, Pakistan, the United Kingdom, the EU, Germany, India, Norway, Tajikistan, Turkey and Turkmenistan joined a regional conclave on Thursday to discuss ways to contain the escalating security situation in Afghanistan.
Uncertainty is emerging as the only certainty, said RBI Governor Shaktikanta Das as he emphasised on continued policy support at the December MPC meet during which members expressed concerns over spread of the Omicron variant of coronavirus, as per the minutes of the rate-setting panel released on Wednesday. After three days of deliberations, the six members of the Monetary Policy Committee (MPC) on December 8 unanimously voted for status quo on policy rates for the ninth consecutive time. At the meeting, the RBI Governor said risks stalking the global economy have amplified with rapid spread of the virus mutations, including the Omicron variant, leading to countries scrambling for restrictions.
"We have long witnessed unfortunate attempts to employ force to change the status quo at our unresolved borders", Singh said at the inaugural ceremony of Aero India-2021, the country's premier Defence and aerospace show, at Yelahanka Air Force Station in Bengaluru.
'No other military in the world could accomplish what we and our allies and partners did in such a short span of time. That is a testament not only to our forces' capabilities and courage but also to our relationships and the capabilities of our allies and partners,' Austin said in a statement at the conclusion of the American mission in Afghanistan.
The Union minister was arrested on Tuesday afternoon from Maharashtra's Ratnagiri district following his remarks made during his 'Jan Ashirwad Yatra' in Raigad on Monday that he would have slapped Chief Minister Thackeray for what he claimed as the latter's ignorance of the year of India's independence.
Gross bad loans of banks may rise from 6.9 per cent in September 2021 to 8.1-9.5 per cent by September 2022 if the Omicron variant strikes the economy hard, as per the financial stability report of the Reserve Bank released on Wednesday. The report also said that the rising stress level in the retail loan portfolio of banks -- the mainstay of bank credit for many years now -- was led by home loans, which grew in double-digits so far this fiscal. While asset quality improved, with gross non-performing assets (GNPA) and net NPA (NNPA) ratios declining to 6.9 and 2.3 per cent, respectively, in September 2021, the slippage ratio inched up during the same period as private sector banks showed a higher rate of deterioration in asset quality, as per the report.
'Congress leaders don't believe in themselves and in the potential of the party.' 'Unless they have faith in themselves, only then will the public have faith in them.'
UN Secretary General Antonio Guterres has termed Russian President Vladimir Putin announcement of a special military operation in Ukraine as the "saddest moment in my tenure", while Security Council members blasted the Russian leader for the "unprovoked and unjustified' action and for delivering a "message of war".
The FATF "strongly" urges Pakistan to swiftly complete its action plan when the last set of action plan items are set to expire.
The tax department will remain a source of endless nightmares for citizens and 'transparent taxation' will remain an empty slogan and a cruel joke, observes Debashis Basu.
Biden has ruled out any change in the plan to withdraw its troops from Afghanistan despite the Taliban increasingly gaining control over large swaths of the war-torn country
'Any future course of action towards active participation in the alliance when formed would need a lot of deliberation, long term vision and should be in our best national interests,' notes Commodore Vengalil Venugopal (retd).
The Reserve Bank of India has issued several warnings that the public should not fall prey to such unscrupulous activities and verify the companies offering loans online and through apps.
The incident occurred when BJP members, all set to release the balloons, burst firecrackers while garlanding a farmers wing state level office-bearer, Muthuraman at Padi on Friday.
The Supreme Court on Thursday appreciated the decision of the West Bengal Government to withdraw the cases against some persons, including editors of a news web portal, in connection with articles published by them and hoped that it would be followed by other states.
Delving into implications of the latest developments in Afghanistan, Russian Ambassador Nikolay Kudashev said that there is a danger of the possible spread of terror into Russian territory as well as Kashmir, noting that India and Russia will continue to work together to counter any threat of terrorism.
Observing that there is liquidity overhand of Rs 13 lakh crore in the system, RBI Governor Shaktikanta Das said on Friday that the exceptional measures undertaken during pandemic will be dealt in sync with macroeconomic developments to preserve financial stability. Since the onset of the pandemic, the Reserve Bank has maintained ample surplus liquidity to support a speedy and durable economic recovery, he said while announcing the outcome of the Monetary Policy Committee (MPC) meeting. The level of surplus liquidity in the banking system increased further during September 2021, with absorption under fixed rate reverse repo, variable rate reverse repo (VRRR) of 14 days and fine-tuning operations under the liquidity adjustment facility (LAF) averaging Rs 9 lakh crore per day as against Rs 7 lakh crore during June to August 2021, he said.
The Delhi high court has quashed four FIRs lodged for the alleged offences of looting and setting on fire a compound during the North East Delhi riots last year, saying there cannot be a second FIR and fresh investigation for the same cognisable offence.
Addressing a gathering of priests and devotees, he said the redevelopment of centres of faith in India shows the country's growing pride in its ancient saints and philosophers like Adi Guru Shankaracharya and Swami Vivekananda.
All members of the Monetary Policy Committee (MPC) -- Shashanka Bhide, Ashima Goyal, Jayanth R Varma, Mridul K Saggar, Michael Debabrata Patra and Shaktikanta Das -- had unanimously voted to keep the policy repo rate unchanged at 4 per cent after the three-day meet of the panel earlier this month. Further, except Varma, other members voted to continue with the accommodative stance as long as necessary to revive and sustain growth on a durable basis and continue to mitigate the impact of COVID-19 on the economy, while ensuring that inflation remains within the target going forward. Varma expressed reservations on this part of the MPC resolution, according to the minutes.
Local trains will be allowed to operate with 50 per cent capacity till 7 pm, while all shopping malls and markets will be allowed to remain open till 10 pm but with half their capacities, he said.
'The finance ministry's decision to accept the deficit target of 4.5 per cent in 2025-2026 appears to have emanated from its endorsement of the Finance Commission's view that the Indian economy will continue to remain impacted by the pandemic, adversely undermining its growth potential,' notes A K Bhattacharya.
Rediff readers shared these interesting photographs of India from their travels across the country.
The govt said the onus is on Pakistan to create such a conducive atmosphere, including by taking "credible, verifiable and irreversible" action to not allow any territory under its control to be used for cross-border terrorism against India.
Supreme Court Judge Justice Indira Banerjee on Friday recused from hearing a plea field by kin of two Bharatiya Janata Party workers, who were killed in poll related violence on May 2 in West Bengal, seeking court monitored probe and transfer of cases to the Central Bureau of Investigation or Special Investigation Team (SIT).
A bench comprising Chief Justice N V Ramana and Justices D Y Chandrachud and Surya Kant also issued a notice to the Agartala police on the plea filed by advocates, Mukesh and Ansarul Haq, and journalist Shyam Meera Singh against lodging of the FIR.
Trading sentiment in the equity markets this week will be guided by global cues, Covid-19 trends and quarterly earnings by market heavyweight TCS, analysts said. Investors will also monitor movement of rupee and crude oil as well as progress of monsoon, they added.
Top security czars of India, Russia, Iran and five central Asian countries on Wednesday pledged to work for ensuring that Afghanistan does not become a safe haven for global terrorism and called for the formation of an open and truly inclusive government in Kabul.
Taruna Bakshi shares healthy winter recipes.
India has been seeking global action against Pakistan for allowing terror safe havens in its territories, and has been pressing for punishing Pakistan-based terrorists involved in a series of attacks in India, including the 2008 Mumbai attack.
The possibility of the use of weaponised drones for terrorist activities against strategic and commercial assets calls for serious attention by the global community, India has told the United Nations General Assembly, a day after two explosives-laden drones crashed into the Indian Air Force (IAF) station at Jammu airport.
Something seems to be working for Indian consumers. Yet, the Indian consumer expresses some caution this festive season, reveals Mahesh Vyas.
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