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Modi’s BJP says US State Department targeting India

NEW DELHI, Dec 6 (Reuters) – Indian Prime Minister Narendra Modi’s BJP (Bharatiya Janata Party) has accused the State Department and “deep state” elements in the U.S. of trying to destabilise India in conjunction with a group of investigative journalists and opposition leader Rahul Gandhi. The accusation comes as a surprise as New Delhi and Washington have forged a strong relationship in the last two decades and both have vowed to further strengthen ties despite some differences and irritants. Gandhi’s Congress party used the Organized Crime and Corruption Reporting Project (OCCRP)’s articles that “singularly focused” on the Adani Group and

Lok Sabha proceedings adjourned till 12 noon

New Delhi, Dec 6 (PTI) Lok Sabha proceedings were on Friday adjourned till 12 noon after opposition MPs try to raise their issues during the Question Hour, with Speaker Om Birla asserting that he would not allow the dignity of the House to be lowered. As soon as the House met, opposition MPs, mostly Congress members, tried to raise some issues which the Speaker objected to, saying since it is time for the Question Hour, he can’t allow other subjects to be discussed. “You don’t want to allow the Question Hour to continue ? The House has high standard and

Opposition MPs take out protest march in Parliament against industrialist Adani

New Delhi, Dec 6 (PTI) Several Opposition MPs led by the Congress on Friday held a protest march inside Parliament complex on the Adani issue, wearing black masks that read “Modi Adani bhai bhai”. The protest saw several leaders from some of the INDIA bloc parties marching, holding a copy of the Constitution and raising slogans against industrialist Gautam Adani. RJD, JMM and left parties’ MPs were among those who joined the protest. TMC and Samajwadi Party, which did not participate in demonstration, have so far stayed away from any such denunciation of Adani. The decision has been seen by

RBI keeps repo rate unchanged; cuts banks’ cash reserve ratio

MUMBAI, Dec 6 (Reuters) – The RBI (Reserve Bank of India) kept its key interest rate unchanged on Friday but cut the cash reserve ratio (CRR) that banks are required to hold, effectively easing monetary conditions as economic growth slows. The country’s GDP growth rate fell to 5.4% in the July-September quarter, its slowest pace in seven quarters, while inflationary pressures are on the rise again and the rupee is under pressure, limiting the RBI’s room to manoeuvre. The CRR was cut by 50 basis points to 4%, effective in two tranches on Dec.14 and Dec. 28. The cut will

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