Raghuram Rajan says India’s economic recovery ‘uneven’
Reserve Bank of India (RBI) governor Raghuram Rajan on Monday said India’s economic recovery was “uneven” though the country is doing better than a few months ago. Pointing out to the recent dip in oil prices, Rajan called for elimination of diesel subsidies. “Lower oil prices means lower... read more »
2G Scam: Supreme Court directs advocate Prashant Bhushan to submit name of ...
The Supreme Court has directed senior lawyer Prashant Bhushan to disclose the source of his information in the 2G scam case about Central Bureau of Investigation chief Ranjit Sinha. The court observed, “Just because someone made a statement, we cannot order an inquiry.” The court said... read more »
AAP to hold state convention on Bhagat Singh’s birth anniversary
Aam Aadmi Party’s (AAP) newly appointed Punjab convener Sucha Singh Chhotepur said his party would hold a state-level convention at Khatkar Kalan in Nawanshahr district on September 28, on the birth anniversary of Shaheed Bhagat Singh. Chhotepur said the party’s four members of Parliament—... read more »
Can India really provide bank accounts to 1.2 billion people?
His recent pledge to provide bank accounts to all of his country’s 1.2 billion people – and in particular its poorest citizens – is one of the most audacious ever announced by an Indian government. It is ambitious because nearly 40% of Indians, or some 480 million people, have... read more »
CWC rejects Sonia Gandhi, Rahul resignations
The offer of resignation by Congress president Sonia Gandhi and vice-president Rahul Gandhi, following the party’s worst-ever electoral defeat, was expectedly rejected by the Congress... read more »
Modi to stake claim to form govt today; silent on cabinet
In the first sign of a thaw in their chilly relationship, BJP leader Sushma Swaraj on Monday drove down to Gujarat Bhawan for her first one-on-one meeting with PM-designate Narendra Modi... read more »
Not the first CM to become PM
Prime Minister-elect Narendra Modi is not the first Chief Minister to move to the seat of power at the Centre. The distinction goes to former Karnataka Chief Minister H.D. Deve Gowda, who,... read more »
Infosys Sink As Rupee Hits 11-Month High
HCL Tech shares fell 7 per cent, while Tata Consultancy Services slumped 6 per cent on Monday tracking the sharp rise in the rupee and a churn in favour of high beta cyclicals across... read more »
SpiceJet targets top 3 tourist spots, to offer special packages
Airlines Air India (AI) and low-cost SpiceJet are introducing more flights and offering special packages for tourist destinations during the summer holidays. SpiceJet will operate special flights... read more »
