Not thinking about an IPO as of now, says chairman

Dr Krishna Ella

India's rage is misplaced and hardly serves to endear the country to those appalled by the idea that it may have had a Canadian citizen killed

India Canada

Electronics & IT Minister says India can emerge as a global leader in this category

Ashwini Vaishnaw

NABARD to issue social sector bonds on Tuesday

Bonds, Govt bond

The Reserve Bank is likely to maintain status quo on policy rates for the fourth time in a row at its bi-monthly monetary policy review meeting early next month, as retail inflation continues to remain high and the US Federal Reserve has decided to keep a hawkish stance for some more time, according to experts.
The Reserve Bank had raised the benchmark repo rate to 6.5 per cent on February 8, 2023 and since then it has retained the rates at the same level in view of the stubbornly high retail inflation and certain global factors including elevated crude oil prices in the international market.
The Reserve Bank Governor-headed six-member Monetary Policy Committee (MPC) meeting is scheduled for October 4-6, 2023. The last meeting of the MPC, the highest rating-setting panel, was in August.
"We do expect the RBI to hold on to a status quo position this time as inflation is still high and liquidity tight. In fact, going by RBI forecast on inflation, it would be above 5 per cent in Q3 too

RBI, Reserve Bank of India

Amid protests in Karnataka against the release of Cauvery river water to Tamil Nadu, JD(S) chief H D Deve Gowda on Friday expressed displeasure over the Congress government's handling of the inter-state water dispute.
The Supreme Court has refused to interfere with the order of the Cauvery Water Management Authority (CWMA) and the Cauvery Water Regulation Committee directing the Karnataka government to release 5,000 cusecs of water per day to Tamil Nadu for 15 days.
Karnataka has been maintaining that it is not in a position to release water, taking into account its own need for drinking water and irrigation in the Cauvery basin areas, as there has been water scarcity due to deficit monsoon rains.
"The state officials are not attending CWMA meetings physically. They are participating in it virtually... Will things work if you attend virtual meetings?" Gowda, a former prime minister, told reporters expressing dissatisfaction over the way the issue was being handled.
He said that sin

Former Prime Minister & JD (S) Supremo HD Deve Gowda during a press conference, in Bengaluru

After six months of payments, SpiceJet's Ajay Singh has to pay regular instalments of $500,000 to Credit Suisse

SpiceJet

Earlier in the day, JPMorgan said it would include India in its global emerging market bond indices over 10 months starting June 2024, triggering close to $24 billion in flows.

US Office of Foreign Assets Control advises banks to halt ACU-related payments, raising concerns for India's trade settlement with ACU nations

The prosecution concluded its arguments on Friday against the applications filed by some of the people accused of hatching the conspiracy behind the 2020 northeast Delhi riots, seeking to know the status of the probe in the case, saying those were not maintainable.
Additional Sessions Judge Amitabh Rawat posted the matter on October 3 for rebuttal by the counsel for the accused applicants.
During the proceedings, Special Public Prosecutor Amit Prasad cited a judgment and said, "A different and not less well-recognised rule, namely, where a power is given to do a certain thing in a certain way, the thing must be done in that way or not at all. Other methods of performance are necessarily forbidden."
He said this doctrine of law is settled and has been followed by the Supreme Court and all other courts consistently.
"So when the right is not given to the accused in the garb of this application, they cannot design a new procedure. Therefore, the maintainability of the application goes

Delhi riots

The largest Hindu temple will be inaugurated on October 8, 2023, in New Jersey, US. The Majestic Mahamandir took 12 years to complete, and more than 12,500 volunteers were involved in the construction

The largest Hindu temple will be inaugurated on October 8, 2023, in New Jersey, US

The country must adopt strategies for various transport corridors to ensure a resilient and adaptable trade supply chain

Ram Singh

Around 165 associations in Tamil Nadu are participating in the strike, bringing about loss of labour for a day for almost three crore workers. The government's revenue loss will be ₹ 1,200 crores

Shaheen Bagh, NRC, Citizenship, CAA, protests, strike, women

The Uttar Pradesh government has sacked over 50 doctors and served notices to more than 700 medical practitioners found absent from their place of posting, Deputy Chief Minister Brajesh Pathak has said.
He, however, asserted that the shortage of government doctors in Uttar Pradesh will be over very soon as the recruitment of specialist doctors has already started.
According to official data, against a sanctioned strength of 19,000, Uttar Pradesh has around 12,000 doctors at government facilities across the state. However, there are of complaints that many doctors do not attend duty at the place of posting.
"Over 50 absentee doctors have been sacked and notices served to 724 government doctors found continuously missing from their place of posting," Pathak, who is also in charge of the Medical Health and Family Welfare Department, told PTI in an interview.
Asked about the shortage of doctors in the state, he said, "For the first time, the Uttar Pradesh government has started recruit

Brajesh Pathak

Maharashtra Deputy Chief Minister Ajit Pawar on Monday said he had held a meeting with the state minorities department minister and officials and would raise the Muslim quota issue with Chief Minister Eknath Shinde to find a road ahead.
Speaking to reporters in Pune, the NCP leader said he recently held a meeting with state minorities minister Abdul Sattar, officials from the concerned departments, and representatives of some organisations on the issues concerning the Muslim community.
"Topics related to Maulana Azad Mandal, Wakf Board properties, and other issues were discussed at the meeting," he said.
Pawar recalled that Muslims were granted the quota in education and government jobs (when the UPA government was in power).
"The (high) court accepted the reservation (for Muslims) in education, but the quota in jobs was rejected. The Right To Education (RTE) Act was brought by the government for equal education later," he said.
Pawar said he told the meeting that it was the opini

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Largest overseas hindu temple to be unveiled in New Jersey on October 8

It's time for India to invest in maritime corridor through North Sea Route

MSMEs in Tamil Nadu go on strike over rising power costs today

Govt sacked over 50 docs, served notices to 724 found absent: UP Dy CM

Will raise Muslim quota issue with CM Shinde and Fadnavis: Ajit Pawar

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