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Can Nitish-Tejashwi's second coming stem Bihar's rot?

Various indicators make it amply clear that there are grave challenges facing the new government of Chief Minister Nitish Kumar, reports Indivjal Dhasmana. IMAGE: Bihar Chief Minister Nitish Kumar......

Freebie culture made into art for fighting polls, will lead to disaster: Govt to SC

The 'freebie culture' has been elevated to the level of 'art' for fighting elections and will lead to 'disaster' if some political parties understand this is the only way to deliver public welfare......

UP, Maharashtra have maximum debt, says petitioner in freebies PIL

The states have outstanding liabilities of a whopping Rs 59,89,360 crore as on March 31, 2021, and the new sources of risk have emerged in the form of rising expenditure on non-merit freebies, the......

BJP envisages its own 'MY' equation in UP for 2024 polls

The Bharatiya Janata Party has planned to expand its base among the Yadavs, Jatavs and Pasmanda Muslims as part of its strategy to win all 80 Lok Sabha seats in the 2024 general election. IMAGE:......

SC likely to set up a body to look into 'serious issue' of freebies

The Supreme Court on Wednesday asked stakeholders like the Centre, Niti Aayog, Finance Commission and the Reserve Bank of India, to brainstorm on the 'serious' issue of freebies announced during......

Forex reserves fall $897 mn to $572.978 bn

The country's foreign exchange reserves declined $897 million to $572.98 billion in the week ended August 5, according to the Reserve Bank of India (RBI). Photograph: Mohamed Abd El Ghany/Reuters......

Retail inflation eases to 6.71% in July on lower vegetable, edible oil prices

Retail inflation softened to 6.71 per cent in July due to moderation in food prices but remained above the Reserve Bank's comfort level of 6 per cent for the seventh consecutive month.......

Lower bad loans push PSU banks' profitability in June quarter

Public sector banks have raked in more profits in the three months ended June on the back of a persistent decline in bad loans and the trend may have a positive bearing on their balance sheets in......

India's GDP to contribute 22% to global growth, says Morgan Stanley

India is likely to be the fastest-growing Asian economy in 2022-23, according to analysts at Morgan Stanley. Illustration: Dominic Xavier/Rediff.com They expect India’s gross domestic......

Trade settlement in rupee: Fearing sanctions by West, banks seek clarity

Banks have raised concerns over the new international trade settlement in rupee, fearing that facilitation of such a mechanism could result in them facing the ire of economic sanctions by the West,......

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