Latest News

RBI Governor Shaktikanta Das’s term likely to be extended further, sources say

NEW DELHI/MUMBAI, Nov 18 (Reuters) – The Indian government is likely to extend the term of RBI (Reserve Bank of India) governor Shaktikanta Das for a second time, three sources with direct knowledge of the matter told Reuters, an unprecedented move that would make him the longest serving chief since the 1960s. Das was one of the most trusted bureaucrats in Prime Minister Narendra Modi’s administration before he was appointed to lead the Reserve Bank of India in December 2018, at a time when the relationship between the government and the regulator was tumultuous. Das, whose current term is due

Tirupati Temple board passes resolution on “no political statements in Tirumala”

Tirupati (Andhra Pradesh) [India], November 19 (ANI): The Tirumala Tirupati Devasthanams (TTD) Trust Board has passed a resolution prohibiting political statements within Tirumala, stating that legal action will be taken against violators as well as on those who propagate them. Additionally, the board has decided to write to the Andhra Pradesh Government, requesting appropriate action regarding non-Hindu employees working in Tirumala. The TTD Trust Board has also resolved to use enhanced quality ghee in preparing the iconic Srivari Laddu. These resolutions along with others were taken in the first meeting of the Tirumala Tirupati Devasthanams (TTD) Trust Board under the

Indira Gandhi was example of love and courage: Rahul Gandhi

New Delhi, Nov 19 (PTI) The Congress paid rich tributes to former prime minister Indira Gandhi on her birth anniversary on Tuesday with Rahul Gandhi saying that it is from his grandmother that he learnt that real strength is to fearlessly walk on the path of national interest. Indira Gandhi, often described as the ‘Iron Lady of India’, was born on November 19, 1917 in Uttar Pradesh’s Allahabad. Congress president Mallikarjun Kharge and Rahul Gandhi paid floral tributes to Indira Gandhi at her memorial ‘Shakti Sthal’ here. Rahul Gandhi also paid floral tributes at the Indira Gandhi Memorial at 1,

Government plans minority stake sale in Central Bank of India, Indian Overseas Bank, UCO Bank, and Punjab and Sind Bank, source says

NEW DELHI, Nov 19 (Reuters) – The Indian government is considering selling minority stakes in four state-run banks to comply with public shareholding norms mandated by the country’s markets regulator, a government source told Reuters. The finance ministry is likely to seek approval of the federal cabinet in the coming months to dilute the stake in Central Bank of India, Indian Overseas Bank, UCO Bank and Punjab and Sind Bank, the source said. The Indian government owns more than 93% in Central Bank of India, 96.4% in Indian Overseas Bank, 95.4% in UCO Bank and 98.3% in Punjab and Sind

1 … 1,131 1,132 1,133 1,134 1,135 … 1,531