RBI Governor Shaktikanta Das on Wednesday defended the Reserve Bank's handling of the price situation, saying acting prematurely on inflation would have exerted a heavy cost on the economy and citizens. Acknowledging that the inflation target has been missed, Das said the RBI decided to support the economy by not introducing a rate hike in face of a spike in inflation. "We prevented a 'complete collapse of the economy' by keeping rates lower and stayed away from premature tightening," Das said speaking at the annual FIBAC conference of bankers in Mumbai.
'The consecration of Ram Lalla in Ayodhya has demoralised them.' 'And, now it is reflecting in their individual reactions as they are losing hope to take on the BJP in 2024.'
The 21st Law Commission said the special status given to the entity of HUF was a 'so-called gift by the British', who could not comprehend the complex socioeconomic structure of Indian families. 'Now, this status is being used for the evasion of tax only,' it said.
They said members of Congress and Bahujan Samaj Party urged committee chairman Jual Oram to allow a discussion on the Agnipath scheme, arguing it has huge implications and required parliamentary scrutiny, but were denied from doing so.
'Similar to the case of the digital payment system where the government created a public platform and others joined in, we are exploring a similar structure to create a PPP platform where the compute required for AI could be accessed by the small player.'
The club's cricket committee considers the nomination of players for life membership as recognition to the 'outstanding international careers for some of the greats of the game'.
"Pawar saheb himself had said about the necessity of change in the guard a few days ago. We should see his decision in the light of his age and health also. Everyone has to take a decision according to time, Pawar saheb has taken a decision and he won't take it back," Ajit Pawar said.
Congress MP Shantaram Naik on Tuesday gave a notice for breach of privilege against Bharatiya Janata Party leader Subramanian Swamy in Rajya Sabha.
People close to the erstwhile royal family underline that Jyotiraditya Scindia is neither as accessible nor as unpretentious as his father.
The Supreme Court on Wednesday agreed to re-examine its 1998 judgment granting MPs and MLAs immunity from prosecution for taking bribe to make a speech or vote in Parliament or state legislatures.
Hari Balakrishnan, an Indian-origin MIT professor, has received the prestigious Marconi Prize for his fundamental discoveries in wired and wireless networking, mobile sensing, and distributed systems.
The Congress has, however, countered this saying someone who is not an MP of Rajya Sabha cannot be called to the House and there cannot be any discussion/reflection on or about an MP of Lok Sabha.
Women politicians bring to politics and policy a sensitivity that most of their male counterparts, at least until a generation back, lacked.
The Supreme Court Thursday dismissed a plea filed by Facebook India Vice President and MD Ajit Mohan challenging the summons issued by the Delhi Assembly's Peace and Harmony committee for failing to appear before it as witness in connection with the north-east Delhi riots last year.
The Supreme Court said on Wednesday it will examine whether the immunity granted to lawmakers from prosecution for taking bribe to make a speech or vote in Parliament and state legislatures extends to them even if criminality is attached to their actions, as it began reconsideration of its 1998 judgement in the JMM bribery scandal that rocked the country 25 years ago.
Uniform Civil Code is aimed at replacing personal laws based on religions, customs, and traditions with one common law for everyone irrespective of religion, caste, creed, sexual orientation, and gender. Personal laws and laws related to inheritance, adoption and succession are likely to be covered by a common code.
Following the order, the Peace and Harmony Committee of the Delhi Assembly deferred its proceedings, and said it would notify the further course of action and the next date of sitting in due course of time.
Former RBI governor Raghuram Rajan has asked why SEBI has not yet got to the bottom of ownership of the four Mauritius-based funds who are said to have parked 90 per cent of their $6.9 billion in Adani group stocks, saying does the market regulator need help of investigating agencies for this? The funds -- Elara India Opportunities Fund, Cresta Fund, Albula Investment Fund and APMS Investment Fund -- have been under cloud for last couple of years after allegations that they may be shell companies. They came into focus once again in January when a US short seller alleged that Adani Group used offshore shell companies to inflate stock price.
The Rajya Sabha on Wednesday passed the Digital Personal Data Protection Bill 2023 by voice vote following a walkout by opposition members over the Manipur issue.
'The upper caste elite's belief that they are casteless is a belief that is available only to the upper castes. Because all the lower castes are reminded by society every day what their caste is.'
Promoters of the bill, being led by non-profit Equality Lab, said that a similar bill is being introduced in the State House of Representatives, before it can be sent to the Governor to be signed into a law.
The move came after the Lok Sabha Privilege and Ethics Committee asked the Home Ministry to seek a report from the Maharashtra government.
Olympic high jump champion Dick Fosbury, who revolutionised the event with a radically different jumping technique that was eventually named after him, died on Sunday aged 76.
The demand for Tharoor's removal comes days after the Parliamentary Standing Committee on Information and Technology was set to question government officials on the Pegasus spyware issue.
The Supreme Court on Monday stayed the disqualification of Janata Dal-Secular MLA D C Gowrishankar Swamy from the Tumkur Rural constituency in Karnataka and allowed him to contest the upcoming assembly polls in the southern state.
Indian-origin Rishi Sunak, who will take over as Britain's prime minister from Liz Truss, on Monday promised 'stability and unity' as his priority.
Chinese President Xi Jinping is all set for an unprecedented third five-year term as he was 'elected' to the powerful Central Committee of the ruling Communist Party on Saturday while several top leaders including Premier Li Keqiang have been left out in the major shake-up at the top.
'If the authorities go about completing this project the way they have proposed, this is going to cause a HUGE environmental impact not only on Malabar Hill but also on the rest of the city.'
'You can still hear gunshots, and this time even children know they are not normal.'
Justice Joseph, while penning the verdict, gave illustrations where the top court had resorted to giving directions, which had the colour of a legislation, if there was a void in law or no legislation.
'I LOVE YOU, Roger. Thank you for everything you've done in tennis and with myself. Tennis world will never be the same without you.'
The 54-year-old Lekhi, who took oath as a Union Minister of State on Wednesday on her second term as the MP from the prestigious New Delhi constituency, has been at the forefront of struggles on a host of issues ranging from those pertaining to women and environment to law and development.
Meeting in Lucknow, the board also urged the judiciary to take a serious note of "injustice" being meted out to the weaker sections and the minorities.
The Reserve Bank will hold a special meeting of its rate-setting committee on November 3 to prepare a report for the government on why it failed to keep retail inflation below the target of 6 per cent for three consecutive quarters since January. The six-member Monetary Policy Committee (MPC) headed by RBI Governor Shaktikanta Das will prepare the report on reasons for failure to meet the inflation target as well as the remedial measures the central bank is taking to bring down prices in the country. "Under the provisions of Section 45ZN of the Reserve Bank of India (RBI) Act 1934... an additional meeting of the MPC is being scheduled on November 3, 2022," RBI said in a statement on Thursday.
Is it a divine, sacrosanct university, a holy cow, prohibiting human intervention?
Members in both Houses of Parliament on Wednesday demanded stringent action against Delhi Police and CRPF personnel for assaulting and detaining two Left MPs and several students protesting growing attacks on Northeastern people in Delhi last week.
Houses were adjourned for the day over the breach of privilege issue.
Tamil Nadu is the celebrated home of the 'social justice' movement in the country, yet caste differences and violence has only been increasing in numbers and becoming more brutal in recent years, observes N Sathiya Moorthy.
The Congress on Wednesday expressed its disapproval of the move by some Members of Parliament writing to United States President Barack Obama, seeking denial of visa to Gujarat Chief Minister Narendra Modi, saying the "nation is bigger than politics".
The old Parliament building, an architectural splendour and a historic landmark that guided the destiny of India for nearly a century and whose illustrious legacy will now be consigned to the pages of history, was inaugurated on January 18, 1927 by the then Viceroy Lord Irwin.
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