News for 's reservation act'

BJP Or Congress? Who Will Dalits Vote For?

BJP Or Congress? Who Will Dalits Vote For?

Rediff.com20 Nov 2024

'No political party can antagonise Ambedkarite voters, particularly the neo-Buddhists.'

What's my fault, asks SUV driver arrested in Delhi flooding case

What's my fault, asks SUV driver arrested in Delhi flooding case

Rediff.com30 Jul 2024

A court in New Delhi on Tuesday reserved its order on the bail plea of an SUV driver and four owners of the coaching centre basement in the Old Rajinder Nagar area which was flooded with rainwater and led to the death of three civil services aspirants.

Reserve Bank's MPC to discuss inflation report on Nov 3

Reserve Bank's MPC to discuss inflation report on Nov 3

Rediff.com27 Oct 2022

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.

Reserve Bank imposes Rs 1 cr penalty on SBI

Reserve Bank imposes Rs 1 cr penalty on SBI

Rediff.com26 Nov 2021

Reserve Bank on Friday said it has imposed a penalty of Rs 1 crore on State Bank of India (SBI) for deficiencies in regulatory compliance. The penalty has been imposed by an order dated November 16, 2021, Reserve Bank of India (RBI) said in a statement. According to the central bank, Statutory Inspections for Supervisory Evaluation (ISE) of SBI was conducted with reference to its financial positions as on March 31, 2018 and March 31, 2019.

Jailed MP Rashid gets bail till Oct 2 for J-K poll campaigning

Jailed MP Rashid gets bail till Oct 2 for J-K poll campaigning

Rediff.com10 Sep 2024

Additional sessions judge Chander Jit Singh granted the relief to Rashid, who had moved the court seeking interim bail to campaign in the upcoming Jammu and Kashmir assembly elections.

PIL seeks disqualification of all 99 Cong MPs for financial guarantees

PIL seeks disqualification of all 99 Cong MPs for financial guarantees

Rediff.com10 Aug 2024

According to the PIL, the 'Ghar Ghar Guarantee Scheme' involves the distribution of guarantee cards that promise various financial and material benefits in exchange of votes.

'Unhappy' with chair, Opposition MPs may exit Waqf panel

'Unhappy' with chair, Opposition MPs may exit Waqf panel

Rediff.com5 Nov 2024

Opposition MPs in the parliamentary committee scrutinising the Waqf (Amendment) Bill are scheduled to meet Lok Sabha Speaker Om Birla on Tuesday to protest its chairperson Jagdambika Pal's alleged 'unilateral' decisions and attempts to 'bulldoze' proceedings, indicating that they may disassociate themselves from the panel.

First act, then think: Oppn has field day over 2000 note ban

First act, then think: Oppn has field day over 2000 note ban

Rediff.com20 May 2023

Image used for representational purpose only. Photograph: Jayanta Dey/Reuters The Congress also said demonetisation has come a full circle and added that the Rs 2,000 note was a "band-aid to cover up the foolish decision of demonetising" Rs 500 and Rs 1,000 notes.

When Zakir Hussain beat BigB to be voted 'sexiest man'

When Zakir Hussain beat BigB to be voted 'sexiest man'

Rediff.com16 Dec 2024

Zakir Hussain was the maestro of tabla, percussionist, composer and even actor -- a legend who was India's very own and yet belonged to the world. Hussain died from 'idiopathic pulmonary fibrosis', a lung disease, in a San Francisco hospital early Monday. He was 73.

Bank Account Dormant? You Can Still Get Your Money

Bank Account Dormant? You Can Still Get Your Money

Rediff.com11 Dec 2024

Ramalingam Kalirajan offers some easy steps to reactivate your accounts with banks like SBI, HDFC Bank, IDFC First Bank and PNB just so that you can start availing all the benefits linked to your account.

'Hope Manipur Finds Peace Soon'

'Hope Manipur Finds Peace Soon'

Rediff.com10 Jan 2025

'My one recommendation would be to first quell the violence and then encourage dialogue and build the trust among the different communities.' 'This is not easy but necessary, for violence cannot be the way forward.'

RBI changes policy stance to open window for a rate cut

RBI changes policy stance to open window for a rate cut

Rediff.com9 Oct 2024

The Reserve Bank of India on Wednesday decided to keep the policy rate unchanged for the tenth time in a row but changed its stance to 'neutral' that may lead to a cut in the forthcoming policies. RBI maintained status quo despite the US Federal Reserve lowering the benchmark rates by 50 basis points last month.

'Discrimination Is Present Among Scheduled Castes Too'

'Discrimination Is Present Among Scheduled Castes Too'

Rediff.com8 Aug 2024

'All of these guys who are opposing the Supreme Court judgment are from dominant scheduled caste communities and none of them come from the scavenging community.' 'Not a single scavenging leader will oppose this Supreme Court judgment.'

'Monumental mistake': Trudeau doubles down on India

'Monumental mistake': Trudeau doubles down on India

Rediff.com15 Oct 2024

"From the beginning, as of last summer, we've worked closely with our Five Eyes partners, particularly with the United States, where they have gone through a similar pattern of behaviour from India in regards to an attempted extrajudicial killing," Trudeau told reporters at a news conference in Ottawa.

Countdown Begins To Budget 2025

Countdown Begins To Budget 2025

Rediff.com7 Dec 2024

It will be the second Budget of the Modi 3.0 government and eighth straight Budget for Nirmala Sitharaman, rare in Indian polity.

Monetary Policy's Strong Message To NBFCs

Monetary Policy's Strong Message To NBFCs

Rediff.com14 Oct 2024

The RBI is fully aware that the high-cost loans and high indebtedness of the borrowers could pose financial stability risks, if not addressed by these NBFCs. Governor Shaktikanta Das has issued a stern warning, saying the RBI is closely monitoring these areas and will not hesitate to take appropriate action, if necessary, if the culprits don't opt for self-correction. Watch out for some action, soon, notes Tamal Bandyopadhyay.

SC allows states to recover royalty on minerals from 2005

SC allows states to recover royalty on minerals from 2005

Rediff.com14 Aug 2024

The Supreme Court on Wednesday rejected the Centre's plea for prospective effect of its July 25 verdict, which upheld the power of states to levy tax on mineral rights and mineral-bearing land, and allowed them to seek refund of royalty from April 1, 2005 onwards.

INDIA bloc wants to turn majority community into 2nd class citizens: Modi

INDIA bloc wants to turn majority community into 2nd class citizens: Modi

Rediff.com26 May 2024

Modi also alleged the opposition grouping will end the reservation given to SC, ST, OBC and give all of it to Muslims.

2 STF jawans killed, 4 hurt in Maoist attack in Chhattisgarh

2 STF jawans killed, 4 hurt in Maoist attack in Chhattisgarh

Rediff.com18 Jul 2024

The incident took place on Wednesday night in Tarrem area when a joint team of security personnel was returning after an anti-Maoist operation in forests on the tri-junction of Bijapur-Sukma-Dantewada districts, a police official said in Bijapur.

Maharashtra asks Centre to raise non-creamy layer ceiling to Rs 15 lakh

Maharashtra asks Centre to raise non-creamy layer ceiling to Rs 15 lakh

Rediff.com10 Oct 2024

The ordinance will be tabled in the next session of the legislature, it said, adding that 27 posts were approved for the commission.

How Wall Street created the Federal Reserve

How Wall Street created the Federal Reserve

Rediff.com6 Dec 2013

In 1910 the who's who of Wall Street met in total secrecy in an American town to work towards the first draft of the bill that would finally give the United States a central bank.

No third-party allotment of Gir Somnath demolition land: Guj govt to SC

No third-party allotment of Gir Somnath demolition land: Guj govt to SC

Rediff.com25 Oct 2024

A bench comprising Justices BR Gavai and KV Viswanathan took note of the submissions of Solicitor General Tushar Mehta, representing the Gujarat government, and did not pass any interim status quo order in the meantime as sought by the counsel of the Muslim parties.

Why RBI Cracked Down On P2P Lending

Why RBI Cracked Down On P2P Lending

Rediff.com22 Aug 2024

Following a review of peer-to-peer (P2P) platforms, certain issues -- including high non-performing asset levels, significantly high balances in escrow accounts, and non-compliance with net owned fund and disclosure requirements -- came to the RBI's attention.

Uncle Sam's Dollar Ponzi Scheme

Uncle Sam's Dollar Ponzi Scheme

Rediff.com12 Jul 2024

US's terrible political and economic leadership will ultimately cost the dollar its value. India must act early to avoid being dragged down, suggests R Jagannathan.

And Thus Was Born NIA...

And Thus Was Born NIA...

Rediff.com8 Aug 2024

Even though the NIA claims that more than 90 per cent of cases charge-sheeted have ended in conviction, the figure is likely misleading. To date, very few cases investigated by the NIA have resulted in a completed trial, points out former CBI joint director Navneet Rajan Wasan.

CRPF jawan killed, cop hurt in Manipur militant attack

CRPF jawan killed, cop hurt in Manipur militant attack

Rediff.com14 Jul 2024

The deceased has been identified as Ajay Kumar Jha, 43, a resident of Bihar.

CBI to produce Kejriwal in court today, arrest likely; AAP cries foul

CBI to produce Kejriwal in court today, arrest likely; AAP cries foul

Rediff.com26 Jun 2024

The Central Bureau of Investigation on Tuesday examined Delhi Chief Minister Arvind Kejriwal in Tihar Jail and recorded his statement related to the excise policy case.

SC verdict on Kejriwal's bail plea today

SC verdict on Kejriwal's bail plea today

Rediff.com13 Sep 2024

The Supreme Court is scheduled to deliver on Friday its verdict on Delhi Chief Minister Arvind Kejriwal's petitions seeking bail and challenging his arrest by the Central Bureau of Investigation (CBI) in the excise policy 'scam'.

Cong lodges complaints with EC against Modi, Shah

Cong lodges complaints with EC against Modi, Shah

Rediff.com14 Nov 2024

The Congress has lodged complaints with the Election Commission against Prime Minister Narendra Modi and Home Minister Amit Shah, accusing them of making 'false, divisive, malicious and slanderous' statements during their recent election campaign.

Tracking non-food retail inflation trends in India

Tracking non-food retail inflation trends in India

Rediff.com4 Sep 2024

Amid a debate on the basis of a monetary policy stance, one may be curious enough to know how non-food retail inflation has behaved over the years in India. Let the eager souls catch a glimpse of facts. In the past 10 years, non-food inflation came down below 4 per cent on two occasions - pre-Covid period of 2019-20 and now in the first four months of the current financial year (FY25).

''Growth Expected To Be 1% Below Last Year'

''Growth Expected To Be 1% Below Last Year'

Rediff.com3 Sep 2024

'A possible post-election growth momentum may be lost.'

SC notice to Centre, governors on pleas by Kerala, Bengal

SC notice to Centre, governors on pleas by Kerala, Bengal

Rediff.com26 Jul 2024

In a significant development, the Supreme Court on Friday agreed to consider the separate pleas of opposition-ruled Kerala and West Bengal, alleging the denial of assent to bills passed by the respective legislative assemblies.

Attempt To Ban Imran, Storm In A Tea Cup?

Attempt To Ban Imran, Storm In A Tea Cup?

Rediff.com16 Jul 2024

'Under the circumstances, this announcement may remain limited to bravado and little else, adding momentum to Imran's narrative of victimhood,' points out Rana Banerji, who headed the Pakistan desk at RA&W.

We will restore them if..: SC warns Gujarat on demolitions

We will restore them if..: SC warns Gujarat on demolitions

Rediff.com4 Oct 2024

The Supreme Court on Friday said if it finds that authorities in Gujarat acted in contempt of its order on demolition of properties, it will ask them to restore the structures.

Tiger Deaths Decline By 29 Percent

Tiger Deaths Decline By 29 Percent

Rediff.com31 Jul 2024

2023 was the worst for the tiger population, recording the highest number of mortalities in a decade with 178 tigers dying.

RBI directs gold loan providers to review policies and practices

RBI directs gold loan providers to review policies and practices

Rediff.com1 Oct 2024

The Reserve Bank of India (RBI) on Monday directed banks and non-banking financial companies (NBFCs) offering gold loans to thoroughly review their policies, processes, and practices to identify any gaps. The central bank also told them to closely monitoring their gold loan portfolios amid significant growth observed in this segment vis--vis some lenders. Additionally, the RBI, through a circular, instructed these lenders to ensure adequate controls over outsourced activities and third-party service providers.

Court reserves order on Aakar Patel's plea to revoke LOC

Court reserves order on Aakar Patel's plea to revoke LOC

Rediff.com7 Apr 2022

During the arguments, the CBI opposed the application saying there was likelihood of Patel fleeing from justice if he was allowed to leave the country.

Puja Khedkar gets protection from arrest till Aug 21

Puja Khedkar gets protection from arrest till Aug 21

Rediff.com12 Aug 2024

Khedkar allegedly misrepresented information in her application for the UPSC Civil Services Examination, 2022 to get reservation benefits.

'Adani Wasn't There At Meeting'

'Adani Wasn't There At Meeting'

Rediff.com14 Nov 2024

'That was my mistake.' 'Gautam Adani was not involved in forming the Maharashtra government.' 'Adani was not there in the meeting.' 'The meeting was at his guest house and we were sitting in his guest house.'

Using children in pornography a matter of serious concern, an offence too: SC

Using children in pornography a matter of serious concern, an offence too: SC

Rediff.com19 Apr 2024

The observations came from a bench of Chief Justice DY Chandrachud and Justice J B Pardiwala while reserving the verdict on an appeal filed by NGOs -- Just Rights for Children Alliance of Faridabad and New Delhi-based Bachpan Bachao Andolan -- challenging a Madras high court verdict.