The RBI on Wednesday slashed key interest rate by 25 basis points, for the second time in a row, to support a shuttering economy hit by reciprocal tariffs imposed by the US. Following the rate cut, the key policy rate eased to 6 per cent providing relief to home, auto and corporate loan borrowers.
A blaze triggered by a suspected short circuit in a building near the iconic Charminar here on Sunday left 17 people dead, with a majority of them being children.
A Bharatiya Janata Party delegation on Tuesday called on Manipur Governor Ajay Kumar Bhalla at the Raj Bhavan in Imphal amid a leadership crisis following the resignation of N Biren Singh as the chief minister of the ethnic violence-hit state two days ago.
The Supreme Court of India has asked DMK leader V Senthil Balaji to choose between his ministerial post in Tamil Nadu and his freedom. The court expressed concern over Balaji's reinstatement as a minister despite being granted bail in a money laundering case related to the "cash-for-job" scam. The court fears that Balaji's presence as a minister could influence witnesses in the case. The court has given Balaji until April 28 to make a decision.
Union Home Minister Amit Shah arrived in Srinagar to review the security situation in Kashmir following a deadly terror attack in Pahalgam that killed 26 people, including tourists. Shah chaired a high-level meeting of security officials, including those from the Army, CRPF, and police. The attack, claimed by The Resistance Front (TRF), a shadow group of the banned Pakistan-based Lashkar-e-Taiba (LeT) terror group, is the deadliest in the valley since the 2019 Pulwama strike.
To support tourists affected by the attack or in need of information, Jammu and Kashmir police set up a dedicated help desk at the Police Control Room.
In what was perhaps the most critical meeting before full-scale war broke out, Shastri defined India's immediate war objectives to his defence minister, army, and air force chiefs: 'To defend against Pakistan's attempts to grab Kashmir by force and to make it abundantly clear that Pakistan would never be allowed to wrest Kashmir from India; To destroy the offensive power of Pakistan's armed forces...' A fascinating excerpt from Shiv Kunal Verma's must-read 1965: A Western Sunrise India's War With Pakistan.
The security review was held after the February 20 ultimatum given by the governor to everyone holding illegal and looted arms to surrender.
Protesters in West Bengal's Murshidabad district set fire to police vehicles and hurled stones during a demonstration against the Waqf (Amendment) Act. The incident occurred on Tuesday afternoon in the Jangipur area, where a large crowd had gathered demanding the withdrawal of the legislation. Police responded with lathi charges and tear gas to control the situation. Several people were detained and police personnel were injured in the stone-pelting. The West Bengal Police has said the situation is under control and strict action will be taken against those who resorted to violence.
The Iranian government has said that the explosion was likely related to chemicals being stored.
Donald Trump is catering to the basest fears and prejudice of unenlightened Americans -- yes, there are those too, in sizeable enough numbers to elect one of their own as president. That would most certainly not Make America Great Again, asserts Shreekant Sambrani.
'We were told that the 'yuvaraj' had announced to contest 151 seats, and they were not willing to back down on that number'
Reserve Bank on Wednesday cut India's growth forecast to 6.5 per cent from 6.7 per cent estimated earlier for the current financial year on account of impact of global trade and policy uncertainties. Prospects of agriculture sector remain bright on the back of healthy reservoir levels and robust crop production in 2025-26, RBI Governor Sanjay Malhotra said while unveiling the outcome of the first bi-monthly Monetary Policy Committee meeting for the current financial year.
The grilling of Brigadier-General Dyer by Akshay Kumar's Sir C Sankaran Nair, as shown in Kesari 2, is purely an imaginary sequence, proves Utkarsh Mishra.
Manipur police have arrested 16 members of various banned outfits in the last 48 hours, including seven militants of the Kangleipak Communist Party (People's War Group) who were apprehended during a midnight operation in Thoubal district. The arrests come amidst ongoing security operations in the state following ethnic violence that erupted in May 2023.
The Meitei group Arambai Tenggol surrendered 246 firearms to security forces in Manipur, bringing the total number of weapons surrendered to 307. The surrender follows a deadline set by Governor Ajay Bhalla for the return of illegal weapons. Arambai Tenggol's decision was influenced by assurances from the governor, including the eradication of opium poppy cultivation, implementation of border fencing, and a general amnesty for members of the group. Officials believe the surrender will contribute to restoring peace in the state, which has been rocked by ethnic violence for nearly two years. The police have urged others in possession of illegal firearms to surrender them before the deadline. Former Chief Minister N Biren Singh welcomed the surrender, calling it a "big step towards peace."
'After a long time, we have a governor who is approachable. The RBI's interactions with us are now much better.'
Bhimrao Ramji Ambedkar, the architect of the Indian Constitution, is also credited with the creation of the Election Commission of India. An amendment he brought to the Constituent Assembly led to the establishment of the Election Commission as an independent body responsible for conducting elections. Ambedkar's amendment consolidated election authority into a centralized body, headed by a chief election commissioner appointed by the President, rather than separate commissions for the Centre and states. This article delves into the historical context and the importance of Ambedkar's contribution in establishing the Election Commission of India.
Days after the Pahalgam terror attack, Jammu and Kashmir authorities have deported 59 Pakistani nationals, including the mother of Shaurya Chakra awardee Constable Mudasir Ahmad Sheikh. The Pakistani nationals were living in the valley for decades and were transported to Punjab for repatriation. However, the mother of the deceased soldier was later allowed to stay back. The deportation comes after the Indian government announced a slew of measures against Pakistan in the wake of the Pahalgam attack, including the suspension of the Indus Waters Treaty and the downgrading of diplomatic relations.
'Pakistan is no longer a front-burner issue for America.'
Prime Minister Narendra Modi inaugurated the Pamban sea bridge, providing rail link between Rameswaram island and the mainland and flagged off the new Rameswaram-Tambaram (Chennai) train service. The bridge is India's first vertical sea-lift bridge, spanning 2.08 kilometers, and includes a 72.5-meter-long vertical lift span that can be raised up to 17 meters, allowing the smooth passage of large ships while ensuring seamless train operations. Built at a cost of over Rs 550 crore, the bridge features stainless steel reinforcement, high-grade paint, and fully welded joints, enhancing durability while reducing maintenance requirements. The bridge is a remarkable blend of tradition and technology.
The Supreme Court of India strongly condemned the terrorist attack in Pahalgam, Kashmir, that killed at least 26 people, mostly tourists. The court observed a moment of silence in tribute to the victims and expressed condolences to their families. The attack was described as an affront to the values of humanity and the sanctity of life. The Supreme Court Bar Association and other legal bodies also condemned the attack and expressed solidarity with the victims and their families.
Shubham Dwivedi, a 31-year-old businessman from Kanpur, was shot dead by terrorists in Kashmir's Pahalgam on Tuesday, just two months after his wedding. Dwivedi was on a vacation with his wife and family when the incident occurred. The terrorists reportedly asked Dwivedi to recite an Islamic declaration of faith and shot him in the head when he failed to do so. The attack has sparked outrage and condemnation across India.
'A repo cut will be very good for the market as it will mean that everything is being done to spur growth in these uncertain times.'
Kharge claimed that the Centre accepted "intelligence failure" in an all-party meeting and said it should be held accountable for "not reinforcing" security arrangements in Kashmir to protect people.
The high court also instructed both the Mamata government and the Centre to submit detailed reports on the situation. The matter is scheduled for further hearing on April 17.
Scenes from polling stations in Mumbai which voted in the Lok Sabha election on Monday, May 20, 2024.
It took Udham Singh 21 years to avenge the massacre of Jallianwala Bagh. And 34 years for his remains to return to India after execution in a British prison.
Vice President Jagdeep Dhankhar on Thursday questioned the judiciary setting a timeline for the President to take decisions and act as a "super Parliament", saying the Supreme Court cannot fire a "nuclear missile" at democratic forces.
In a significant step towards restoring peace in Manipur, representatives of the warring Meitei and Kuki communities met face-to-face for the first time since ethnic violence erupted nearly two years ago. The meeting, facilitated by the Union Home Ministry, aimed to enhance trust and cooperation between the communities and find a roadmap to restore normalcy in the state.
Quraishi asserted that India has, is and will always stand up and fight for its constitutional institutions and principles.
A police officer and his eight siblings, including five sisters, were deported to Pakistan on Wednesday despite a court order granting them temporary relief. The nine members of the extended family, who have been living in Jammu and Kashmir for generations, were among more than two dozen people, mostly from Pakistan-occupied Kashmir (PoK), who were served deportation notices following the April 22 Pahalgam terror attack. The deportation has sparked outrage, with protests and appeals for intervention from the home minister and lieutenant governor. The family members claim they are not Pakistani nationals and have been living in the region for generations, presenting revenue records to support their claims. The court has ordered a detailed report on the case within two weeks and will hear it again on May 20.
More than 1,000 people died in two days of clashes between Syrian security forces and allied forces and supporters of ousted President Bashar Assad, DW reported a war monitoring group as stating.
Reserve Bank of India (RBI) Deputy Governor Swaminathan J criticised some non-banking financial companies (NBFCs) for lax loan appraisal practices and charging excessive interest rates, even as he acknowledged the sector's rapid expansion over the past decade, especially in recent years. "Unfortunately, some NBFCs seem to believe they can operate with weak underwriting in the pursuit of fast growth while levying excessive and unsustainable interest rates - sometimes disguised as upfront or processing fees - followed by aggressive recovery methods in case of default," Swaminathan said at the conference of NBFCs in Chennai last month.
According to a senior officer, during the two-week deadline for surrender of arms and ammunition, a total of 990 arms were surrendered with 11,526 ammunition.
The Telangana government has become the first state in India to implement Scheduled Castes (SC) categorisation, dividing the 59 SC communities into three groups with varying reservation quotas. The decision was made after a commission headed by retired High Court judge Justice Shameem Akther recommended the categorisation. The implementation of SC categorisation in Telangana coincides with the birth anniversary of BR Ambedkar, architect of the Indian Constitution.
The move has come after an organization 'Matheran Paryatan Bachao Sangharsh Samiti' (Save Matheran Tourism Struggle Committee) has called for the indefinite bandh due to growing menace of horse owners operating in the hill station.
The situation in Muslim-dominated Murshidabad district of West Bengal, which was marred by incidents of violence following protests over the Waqf (Amendment) Act, was calm and peaceful on Wednesday with no reports of any untoward incident. Prohibitory orders were clamped in and around Raghunathganj and Suti police station areas and large police force deployed in all sensitive areas of the district, especially in and around Jangipur town, where a large number of people had assembled on Tuesday afternoon, demanding the withdrawal of the legislation. Internet connectivity remained suspended within the areas under the Jangipur sub-division to prevent the spread of any disinformation. Protestors, who had gathered in large numbers on the NH-12 in the Jangipur area to protest against the Waqf Bill, hurled stones at the police who were deployed in the area, on Tuesday afternoon. A couple of vehicles belonging to the police were allegedly torched during the protest and police had to resort to lathi-charge and use tear gas shells to bring the situation under control. A few policemen were injured in the stone pelting. Police have also detained a few people in connection with the incident. West Bengal Governor C V Ananda Bose condemned the incident and said attempts to disturb the law and order situation in the state "should be put down with an iron hand". The opposition BJP alleged that the law and order situation in the state was "crumbling" under Chief Minister Mamata Banerjee, who was busy with "minority appeasement". The Waqf (Amendment) Bill was passed by the Lok Sabha on Thursday, and by the Rajya Sabha in the early hours of Friday after marathon debates in both Houses of Parliament. The Act aims to streamline the management of Waqf properties (assets permanently donated by Muslims for religious or charitable purposes) with provisions to safeguard heritage sites and promote social welfare. It also seeks to improve governance by enhancing transparency in property management, streamlining coordination between Waqf boards and local authorities and protecting stakeholders' rights.
'Das is friendly, but he finally does what he does. The quality of engagement is very good.'
Reserve Bank Governor Sanjay Malhotra on Saturday said that the market forces decide the value of rupee with respect to the US dollar and the central bank is not worried about day-to-day movement of the currency value.
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