To attract more capital inflows, RBI has decided to increase the interest rate cap on FCNR (B) deposits. These are foreign currency term deposits that non-resident Indians can open with Indian banks. With effect from Friday, banks are allowed to raise 1-year new FCNR (B) deposits at a rate not exceeding 250 bps over the … Read more
Leader of the Opposition in the Lok Sabha, Rahul Gandhi, on Friday condemned the “tear gas attack on protesting farmers to prevent them from entering Delhi”. Gandhi said, “The peasants want to come to Delhi and put their demands before the government and express their grievances”. “It is reprehensible to fire tear gas on them … Read more
The Union Cabinet on Friday approved 85 new Kendriya Vidyalayas (KVs) and 28 Jawahar Navodaya Vidyalayas (JNVs) worth Rs 8,231 crore for the biggest expansion of Kendriya Vidyalayas in a decade. The Union Territory of Jammu and Kashmir will receive the highest number of new KVs (13), while Arunachal Pradesh will receive the highest number … Read more
Three days after he publicly questioned Agriculture Minister Shivraj Chauhan about his promises to farmers, Vice President Jagdeep Dhankhar praised the former Madhya Pradesh chief minister during a question-and-answer session in the Rajya Sabha on Friday, saying he would become a “ladla” (beloved). Farmers. Addressing the centenary of the Indian Council of Agricultural Research-Centre for … Read more
Three books based on late CPI(M) leader Sitaram Yechury’s writings on culture, media, science and secularism were released on Friday. Published by Safdar Hashmi Memorial Trust (SAHMAT) and Tulika Books, the three books include the Hindi translation of Yechury’s 1993 English book Hindu Rashtra Hai Kya. The other two are: The Fight for the Republic, … Read more
Russia, the world’s biggest wheat exporter, will raise its wheat export duties by about 32%, the government said on Friday, as the country seeks to curb exports as it faces a potential supply crisis due to high inflation and poor winter crop conditions. . Tariffs have been rising by 257 rubles ($2.60) a tonne since … Read more
India on Friday said it was closely monitoring the situation as Islamist rebels continued to advance in Syria. “We have taken into account the recent fighting in the northern region of Syria. We are monitoring the situation closely. About 90 Indian nationals are in Syria, 14 of whom are working in various UN organizations,’ said … Read more
The Supreme Court on Friday sought a response from the CBI on the bail plea of Christian Michel James, an accused in the Augusta Westland VVIP helicopter scam case. A bench of Justices Vikram Nath and PB Varale gave the Central Investigation Agency four weeks to submit its reply. Michelle James, one of the alleged … Read more
Aries Horoscope Today: You have to work on the relationship Several energetic planets are simultaneously reaching the culmination of a monthly cycle of global significance and completing an annual pattern in your personal affairs. The lesson for you is that relationships have to work. Remember, there is no magic formula. taurus Today’s Horoscope: Pace yourself … Read more
A decision by the Monetary Policy Committee (MPC) to leave the repo rate unchanged would have been difficult. It is difficult to choose between rising inflation and a sudden slowdown in economic growth. Although the MPC has cut the cash reserve ratio (CRR) this time, we expect it to go further and take a stab … Read more
President Emmanuel Macron has vowed to stay in office until the end of his term in 2027 after Prime Minister Michel Barnier’s minority government dramatically collapsed in a historic vote in France’s National Assembly on Wednesday. Barnier, a veteran conservative appointed by Macron only in September, has become the shortest-serving prime minister of the French … Read more
The Delhi High Court on Friday sought the Centre’s position on a petition by former BJP MP Subramanian Swamy seeking a court direction to the Ministry of Home Affairs (MHA) on his allegations regarding the citizenship status of Congress MP Rahul Gandhi. The court, which was headed by Chief Justice Vibhu Bakhru and Justice Tushar … Read more
According to the World Bank, South Asia, “supported by strong domestic demand in India and rapid recovery in most South Asian countries,” is on track to become the world’s fastest-growing region. The bank has predicted that the growth rate of this sector will remain at 6.4 percent for the next two years. The volatility is … Read more
Cyclone Fengal, which made landfall near Puducherry on November 30, was a low-intensity storm as it maintained wind speeds of around 75-95 kmph. However, the cyclone has left a trail of destruction. At least 12 people died, mostly in Tamil Nadu, many properties were damaged, and large areas of standing crops were destroyed. Why did … Read more
December 7, 2024 02:30 IST First published: December 7, 2024 at 02:30 IST Share it At the December meeting of the Monetary Policy Committee, there was a debate over whether a sharp decline in growth would warrant a cut in interest rates even as inflation remained at the upper threshold of the RBI’s inflation targeting … Read more
Gujarat’s famously intricate silk patola also has an Indonesian royal history. Patolas, woven using the complex double ikat technique, where both the warp and weft threads are tied and dyed to the desired pattern before weaving, a process that takes months for a piece, were once a prized possession in early 18th-century Indonesia. This will … Read more
President Vladimir Putin said on Friday that Russia could deploy its new Oreshny intermediate-range hypersonic missile to the territory of its ally Belarus in the second half of next year. Putin was responding to a request from Belarusian President Alexander Lukashenko at a summit in Minsk, where the two leaders signed a mutual defense pact. … Read more
The Narmada district administration was rendered unconscious for more than six hours on Friday after a man and a woman from two villages affected by the Narmada project climbed the telecom tower in Kevadia Colony to press for the demands raised in 2016. They agreed to come down the tower only after Sardar Sarovar Rehabilitation … Read more
December 7, 2024 02:00 IST First published: December 7, 2024 at 02:00 IST Share it There is a Japanese proverb that roughly translates to “A parent’s word and cold sake have an effect later.” The first may indeed be true but the second not so much. For a drink that dates back to the 8th … Read more
A special judge of the CBI court in Ahmedabad has ordered the Dena Bank manager of the Silvassa branch in the Union Territory of Dadra and Nagar Haveli and two others to pay Rs. 1.93 crores, 3.8 lakh fines and sentenced to three years rigorous imprisonment. The convicts have been identified as Shishir Kumar Srivastava, … Read more
Anand District Police on Thursday arrested a 24-year-old Malawian national for overstaying his student visa, which expires in August 2024. The accused, identified as Chinula Abel, was arrested from Ahmedabad’s Chandkheda area on Friday evening, police said. The incident came to light when the Special Task Group (SOG) of Anand District Police was checking the … Read more
A day later Accused of fake medical degree scam Alleging that the main accused Rasesh Gujarati is related to each other, the blame game has started between BJP and Congress. While state home minister Harsh Sanghvi alleged that the Gujarati was a Congress leader, Surat city president of the Congress Dhansukh Rajput claimed that the … Read more
December 7, 2024 01:30 IST First published: December 7, 2024 at 01:30 IST Share it Rabi (winter-spring) crops, especially wheat, are currently vulnerable to mercury spikes in March, when they are in the final grain formation and filling stage. But in the last two years, in October and November, temperatures have been above average at … Read more
Hundreds of people in Chad called for the withdrawal of French troops from the country on Friday, a week after the central African country ended its military truce with its former colonial ruler. Protesters in the capital N’Djamena chanted “Chad for us, out of France!” chanted. “We don’t want to see a single French person … Read more
A 38-year-old woman from Jitgarh village in Narmada district underwent “minimally invasive surgery for esophageal cancer” at Vadodara’s SSG Hospital, a hospital statement said. “After receiving radiation therapy at SSG Hospital, the patient underwent a minimally invasive, three-stage esophagectomy. This complex procedure involves small keyhole incisions to separate the esophagus from the heart, great vessels, … Read more
A 70-year-old woman from Anand district, who was declared brain dead due to a stroke, has given new life to five patients who are waiting for organ transplant in Gujarat. Bhanumati Patel passed away on December 4 after a long illness. The bird fancier’s family decided to donate his organs eight months after his son … Read more