Dr Nagesh Kumar, one of the three new MPC members, wanted the MPC to reduce the repo rate by 25 basis points to 6.25%.
It is 10 years since Bandhan Financial Services became the first microfinance institution (MFI) to receive the universal bank licence. A year later, in 2015, it started operations. Bandhan's entry into banking was seen as a vote of confidence by the Reserve Bank of India (RBI) for the country's microfinance sector. Subsequently, the RBI awarded small finance bank licences to nine MFIs.
'Slogans like 'Ek hai toh safe hai' and 'Batenge toh katenge' resonated with voters.'
The Sebi board on Wednesday approved a series of measures, including stricter regulatory norms for SME IPOs, a comprehensive overhaul of investment banking regulations, and an expanded definition of Unpublished Price Sensitive Information (UPSI). Also, the board approved reforms to boost ease of doing business for Debenture Trustees, ESG rating providers, InvITs, REITs, and SM REITs.
'Pro-incumbency worked big time for the ruling party.' 'It has never happened in the past of pro-incumbency working so much for the ruling party.'
The three day MPC meeting began on Monday and the decision will be announced on Wednesday by RBI Governor Shaktikanta Das.
Amardeep Singh, 22, a resident of Brampton, Surrey, and Abbotsford areas of Canada, has been charged with first-degree murder and conspiracy to commit murder.
'The BJP has killed public anger. They have killed people's self-respect.'
'The tide started to turn against the BJD when V K Pandian toured the districts gathering people's grievances last year.'
BJP general secretary Vinod Tawde sought to draw a parallel between Karnataka's handling of Neha Hiremath's killing to the way West Bengal Chief Minister Mamata Banerjee allegedly shielded the Sandeshkhali case accused Shajahan Sheikh.
'We want to ensure that no government in J&K will be formed without our support.'
From putting up a decent performance in the last Lok Sabha polls in Uttar Pradesh winning 10 seats stitching an alliance with arch rival Samajwadi Party, Mayawati-led Bahujan Samaj Party drew a blank in the current general elections, dealing a severe blow to its reputation of representing the voice of Dalits in the state.
"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.
The trader not only predicted a Trump win but also wagered on Trump's success in both the popular vote and several key swing states.
Benchmark equity indices Sensex and Nifty pared early gains to settle lower on Wednesday due to late selling in index major Reliance Industries, ITC and HDFC Bank even as the RBI took the first step towards a rate cut in its monetary policy review. Erasing its early gains, the 30-share BSE Sensex fell 167.71 points or 0.21 per cent to close at 81,467.1. During the day, it surged 684.4 points or 0.83 per cent to hit an intra-day high of 82,319.21.
Azad said Akhilesh does not want Dalits in this alliance, he just wants Dalit vote bank.
If Tamil Nadu voters preferred the DMK combine, it owed to the Modi-Annamalai combo's ideological battle which often crossed the line of political decency and also challenged 'Tamil pride', argues N Sathiya Moorthy.
Banerjee claimed that some people will try to "engineer riots" during elections and urged everyone "not to fall prey to the plot".
'I wonder if they will keep it up after the elections.' 'I fear they'll start questioning eligibility -- income, age, bank accounts -- and eventually stop the scheme altogether.'
So far 14 Kashmiri Pandits have filed nominations to contest from the valley for the upcoming Jammu and Kashmir assembly elections, aiming to ensure the return and rehabilitation of their fellow community members, whose number run up to 3 lakh.
Defying predictions of his political eclipse, Nationalist Congress Party chief Ajit Pawar has not only consolidated his position in the Bharatiya Janata Party-led Mahayuti, but also fortified his place in Maharashtra politics by becoming deputy chief minister for the sixth time.
He also targeted the Congress government in Rajasthan, saying that had it set up a special court in the Kanhaiya Lal murder case, which happened in Udaipur last year, the accused would have been hanged by now.
Calling Canada's behaviour 'the pits', India's recalled high commissioner Sanjay Verma says India was backstabbed and treated in a most unprofessional manner by a country that is supposed to be a friendly democracy.
The Reserve Bank is unlikely to ease the benchmark policy rate during 2024 given the uncertainty over food inflation, State Bank of India (SBI) chairman C S Setty has said. The US Federal Reserve's first cut in interest rates in more than four years is expected soon, triggering central banks in other economies to follow suit. "On the rate front, a lot of central banks are taking independent calls.
Congress wants to change the Constitution and rob Dalits, OBCs of quota benefits for religion-based reservation, Modi said.
Sitaram Yechury of the Communist Party of India-Marxist denied that the West Bengal government had anything to do with controversial Bangladeshi writer Talima Nasreen moving from her temporary residence in Kolkata to Jaipur.
When asked the reason for India's abstention from a resolution in the UN General Assembly on October 27, 2023, regarding the protection of civilians and upholding legal and humanitarian obligations, Jaishankar said there were many resolutions in the UN General Assembly and in some India abstained and in some, it voted in favour.
India on Friday strongly trashed the criticism against the Citizenship (Amendment) Act (CAA), including by the United States, and said 'vote-bank politics' should not determine views about a 'laudable initiative' to help those in distress.
In an unusually hard-hitting response to criticism against it in a United States government report on religious freedom, India on Friday described the findings as 'deeply biased', visibly driven by 'votebank' considerations and a mix of imputations and selective usage of facts.
'BJP has lot of money. Even a rich person like me is scared of taking on the financial muscle of the BJP.' 'What is the point of throwing money? Result toh aane wala nahi hai.'
Prime Minister Narendra Modi on Saturday said the government will extend for five years the free ration scheme, Pradhan Mantri Garib Kalyan Anna Yojana, covering 80 crore poor people.
Shah alleged that Congress was "hell-bent on snatching reservations from OBCs, tribals and Dalits and "planned to give it to minorities".
'I have had occasion to work with Bill Gates as a young engineer, and am one of the few people in India who has interacted with Steve Jobs and Larry Ellison.' 'I have worked with Andy Grove at Intel, so I know what bright and great people are like, but Modiji is a different level of perfection.'
The Biju Janata Dal will support the bill replacing the Delhi services ordinance and oppose the no-confidence motion proposed by various opposition parties against the government, the party's Rajya Sabha member Sasmit Patra said on Tuesday.
Modi brought up the emotive issue of the gurdwara in Kartarpur Sahib, a place sacred to Sikhs as Guru Nanak Dev spent the last years of his life there, and blamed the Congress for country's partition, saying they did it for sake of power.
'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.'
Perhaps Kay Kay Menon should choose his projects carefully, instead of wasting his talent like this, observes Deepa Gahlot.
How can a film that has a character declare that secularism is an illness be taken seriously, asks Deepa Gahlot.
In a bid to clarify his 'infiltrators' and 'those with more children' remarks, Prime Minister Narendra Modi has said that he did not only talk about Muslims but spoke about every poor family, adding that the day he starts doing Hindu-Muslim, he will be 'unworthy of public life'.
The Congress leader also said that the BJP wants to change the Constitution, and reduce and weaken the rights given to the people through the statute book.
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