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Memoir of former RBI governor D Subbarao to release on April 30

New Delhi, Mar 20 (PTI) A book on the life and times of former RBI governor Duvvuri Subbarao will hit the stands on April 30, announced Penguin Random House India (PRHI) on Wednesday. “Just A Mercenary?: Notes from My Life and Career” is touted to be the remarkable journey of a small-town boy from a modest background to the top echelons of India’s civil services and then on to the helm of the country’s central bank. Subbarao served as governor of RBI for five years (2008-13). Prior to that, he was finance secretary (2007-08) and secretary to the prime minister’s

Narendra Modi shows confidence about elections; asks ministries for 5-year goals

NEW DELHI, March 20 (Reuters) – Indian Prime Minister Narendra Modi has asked all ministries to propose annual goals for their departments for the next five years, according to a government document, underlining his confidence of winning a general election starting next month. The document listing the instructions from Modi to government bureaucrats, which was reviewed by Reuters, was sent earlier this month, just before the Election Commission announced dates for the voting. Opinion polls predict an easy win for him and his Bharatiya Janata Party (BJP), with the opposition led by the Congress party struggling to present a united

Excise ‘scam’: Delhi High Court seeks ED’s stand on Arvind Kejriwal’s plea against summons

New Delhi, Mar 20 (PTI) The Delhi High Court on Wednesday sought the stand of the Enforcement Directorate on a petition by Chief Minister Arvind Kejriwal challenging the summons issued to him in an excise policy-linked money laundering case. The investigating agency claimed the petition of the AAP national convenor, which also challenges certain provisions of the Prevention of Money Laundering Act, was not maintainable. A bench headed by Justice Suresh Kumar Kait granted two weeks’ time to the ED to file its reply on this aspect. Kejriwal has moved the court in the wake of the latest summons, the

BJP engaged in extortion by misusing ED and CBI raids: Akhilesh Yadav

Lucknow [India], March 20 (ANI): Former Uttar Pradesh Chief Minister and Samajwadi Party chief Akhilesh Yadav stated on Tuesday that the electoral bond issue has exposed the BJP’s extortion tactics, alleging that the saffron party engages in extortion by misusing ED and CBI raids. “The government has made extortion strategies, and now with the electoral bonds it has been proven that no one could have done extortion the way the BJP has done,” said Yadav. He went on to express confidence that the BJP will be ousted in the Lok Sabha elections, thereby safeguarding democracy. The SP leader criticized the

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