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Transmission of rate cuts to improve further; credit growth momentum gathering pace: RBI chief

News Desk February 16, 2020 0

Reserve Bank Governor Shaktikanta Das on Saturday said momentum is gathering pace on credit growth and expressed hope that transmission of rate cuts will improve further in the coming days His comments come against the backdrop of concerns over growth of the economy, which has also registered

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Government is maintaining “fiscal prudence”, says RBI governor Shaktikanta Das

News Desk February 16, 2020 0

Amid concerns over economic slowdown, RBI chief Shaktikanta Das on Saturday said credit growth momentum is picking up and ruled out any possible spike in inflation due to Budget proposals as the government is maintaining “fiscal prudence” After the first meeting of the RBI board post 2020-21 Budget presentation, Das also expressed hope that transmission […]

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Pak court sentences Hafiz Saeed to 11 years in jail in terror financing cases

News Desk February 15, 2020 0

Mumbai attack mastermind and Jamat-ud-Dawa (JuD) chief Hafiz Saeed was on Wednesday sentenced to 11 years in jail by an anti-terrorism court in Pakistan in two terror financing cases. Saeed, a UN designated terrorist whom the US has placed a USD 10 million bounty on, was arrested on July 17 in the terror financing cases. […]

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Has Indian Judiciary failed to deliver justice,Nirbhaya convicts still play with technicalities

News Desk February 3, 2020 0

Feb 2 (PTI) Solicitor General Tushar Mehta on Sunday told the Delhi High Court that there is a deliberate, calculated and well thought of design by the Nirbhaya gangrape and murder case convicts to “frustrate mandate of law” by getting their execution delayed. Mehta told Justice Suresh Kait that convict Pawan Gupta’s move of not […]

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Budget cuts personal income tax, raises customs duty

News Desk February 3, 2020 0

Finance Minister Nirmala Sitharaman on Saturday announced cuts in personal income tax, extended tax benefits for affordable housing and gave relief to companies on payment of dividend in the Union Budget for 2020-21 as the government looked to boost consumption to bring the economy out of the worst slowdown in 11 years The minister proposed […]

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Brought CAA to correct historical injustice: PM Modi

News Desk January 28, 2020 0

Prime Minister Narendra Modi on Tuesday said the government has brought the Citizenship Amendment Act to correct “historical injustice” and to fulfil the BJP’s “old promise” to religious minorities living in neighbouring countries Speaking at the Annual Prime Minister’s National Cadet Corps (NCC) Rally 2020, Modi said the problem in

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Govt to sell 100 pc stake in Air India; issues bid document

News Desk January 28, 2020 0

The government on Monday announced sale of 100 per cent stake in debt-laden Air India as it issued the preliminary bid document for the strategic disinvestment with the deadline for submitting expression of interest set as March 17 As part of the strategic disinvestment, Air India would also sell 100 per cent stake in low-cost […]

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WB assembly passes anti-CAA resolution, demands its repeal

News Desk January 28, 2020 0

The West Bengal Assembly Monday passed a resolution against CAA brought by the state government demanding that the contentious citizenship law be repealed forthwith and NPR and the proposed NRC be withdrawn. Speaking on the resolution, Chief Minister Mamata Banerjee said the Citizenship Amendment Act is “against the Constitution and humanity”. “We want

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CAA pleas: SC says no stay without hearing Centre, gives govt four weeks to respond

News Desk January 24, 2020 0

Making clear it will not stay the Citizenship (Amendment) Act without hearing the Centre, the Supreme Court on Wednesday gave the government four weeks to respond to petitions challenging the act and said a five-judge Constitution bench will hear the matter. Hearing a batch of 143 petitions, an apex court bench headed by Chief Justice […]

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BJP calls Cong ‘Muslim League Congress’, oppn party hits back with Godse jibe

News Desk January 24, 2020 0

The BJP on Wednesday cited reported comments of Maharashtra minister Ashok Chavan to accuse the Congress of “Muslim appeasement” and “insulting” Hindus, and said that the opposition party should be called “Muslim League Congress”. At a briefing, BJP spokesperson Sambit Patra referred to comments of several opposition leaders, including