Vijay Kumar As expected, the The Reserve Bank of India (RBI) on Friday reduced the Cash Reserve Ratio (CRR). The six-member Monetary Policy Committee (MPC) raised the repo rate – the key policy rate – by 50 basis points (bps) from 4 per cent to boost liquidity in the financial system, even as it remained unchanged for … Read more
As thousands of other cases are under consideration, a large number of cases are filed in the Supreme Court every year. How does the Supreme Court decide which cases to prioritize? Since last month, the Supreme Court has been giving priority to special leave petitions (SLPs). These are cases where the court has issued notices … Read more
As nations grapple with how to implement ambitious infrastructure agendas amid rising costs and a complex regulatory environment, India has quietly pioneered an innovative solution. While much recent attention has been focused on the country’s technological advances in digital payment and identification systems, another digital transformation is revolutionizing how India manages its major infrastructure projects. … Read more
The selection of SRH all-rounder Nitish Reddy and KKR speedster Harshit Rana for the tour of Australia could not help but applaud the Indian cricket community. It alleged that ‘IPL influenced Test selection’. Add to the mix coach Gautam Gambhir’s KKR connection and an overbaked conspiracy theory was ready to be served up across the … Read more
Finance Minister Nirmala Sitharaman said on Friday that the growth in the second quarter of the current financial year was not systemic, but due to the lack of public investment in the first quarter, the administration was busy with the general election. Third-quarter gross domestic product (GDP) growth numbers will make up for the deficit … Read more
India will have sufficient suppliers of both domestic and foreign refined copper certified by the Bureau of Indian Standards (BIS) by mid-December, the mines ministry said on Friday. As a result, “no serious supply side disruption is envisaged,” it said in a press release. The ministry noted that until Adani Group’s new copper smelter in … Read more
Ahead of Delhi assembly elections early next year, the Union Cabinet on Friday approved the Rithla-Narela-Nathupur (Kundli) corridor as part of Delhi Metro Phase IV, which will improve connectivity between the capital and Haryana. The 26.46 km long corridor will be constructed over four years and is estimated to cost Rs 6,230 crore. Announcing the … Read more
More than half of Indian Institute of Technology Delhi’s (IIT Delhi) graduate students secured job offers through on-campus recruitment programmes, while around 10 per cent went into self-employment or entrepreneurship, and 1.7 per cent joined startups, an official said. According to the exit survey conducted by the Institute on Friday. Of the total graduates, 1,411 … Read more
Arguing for delay in trial and bail on parity grounds along with other co-accused in the northeast Delhi riots grand conspiracy case, student activist Umar Khalid submitted in the Delhi High Court that he has “done” or passed. Half of the sentence for the 34 offenses charged against him. At the same time, his co-accused … Read more
Days after it was revealed that a man had contacted two families — one in Dehradun and the other in Ghaziabad — claiming to be his long-lost son, the Khoda police on Friday arrested Bhim Singh alias Monu Sharma for allegedly cheating both the families. According to the police, 38-year-old Indraraj Rawat of Jaitsar district … Read more