Fali S. Nariman, one of India’s most eminent constitutional lawyers and a champion of civil liberties, passed away today at the age of 96. Known for his unparalleled knowledge of constitutional law and renown as an advocate, Nariman had a legal career spanning over six decades. Born on August 10, 1929 in a Parsi family […]
India is again seeing an outbreak of farmer protests over demands for minimum support prices for farmers. Many economists and experts have called MSPs an outdated mechanism to provide pricing and income support to farmers and protect them from sharp fluctuations in the market. We examine the experiences and lessons learnt by other countries that […]
Brent crude oil prices have jumped above $90 per barrel, driven by heightened geopolitical tensions that threaten to disrupt global oil supplies, and this could rise further in coming months due to geopolitical developments, said a new report. This comes as the oil market was already heading into a large deficit in the fourth quarter […]
India has managed to buck the global inflationary tide so far, with wholesale prices declining for six straight months. But this deflationary trend could prove short-lived if crude oil prices see a sustained spike over the coming months, raising the stakes for the ruling party at the Center. With no end in sight to the […]
To understand the Jewish-Palestinian fight, one has to travel back 3,000 years to the time of the Pharaohs and trace the long history of the Jewish people
The Election Commission of India today said it is ready and willing to act on the subject of increased disclosure related to funding of electoral promises. Chief Election Commission of India Rajiv Kumar made the announcement after declaring the dates for the upcoming state assembly elections in Rajasthan, Madhya Pradesh, Chhattisgarh, Telangana and Mizoram. Kumar […]
The Election Commission of India will announce the dates and time-table for elections into the legislative assemblies of five Indian states – Madhya Pradesh, Rajasthan, Telangana, Chhattisgarh and Mizoram – at 12 noon today. These elections are significant because as they as seen as a semi-final before the national elections that will be held in […]
The Reserve Bank of India (RBI), the country’s central bank and banking regulator, today announced major policy decisions taken at its bi-monthly monetary policy review meeting held during 3rd to 5th October. While the RBI’s Monetary Policy Committee (MPC) kept key rates unchanged in its rate setting review, the policy measures announced cover significant areas […]
The Reserve Bank of India’s Monetary Policy Committee (MPC) unanimously decided to keep the benchmark repo rate unchanged at 6.5% while maintaining its stance of withdrawal of accommodation. In his statement, RBI Governor Shaktikanta Das emphasized that the global economy is experiencing a slowdown amidst tightening financial conditions, lingering geopolitical tensions and increasing fragmentation. However, […]
Recent Reserve Bank of India (RBI) data on a sharp fall in savings rate of Indian households during the last financial year has created a lot of controversy. Critics of the current government alleged that the sharp fall in savings rate to 5.1% of GDP — the lowest in 47 years and considerably lower than […]
The central government’s steps to rein in rising food inflation through initiatives like weekly auctions of wheat and rice under the Open Market Sale Scheme (OMSS) met with lukewarm response for rice, even as wheat saw brisk off-take. In the 15th e-auction held on October 4, Food Corporate of India received bids for only 0.05 […]
The central government has witnessed growth in revenue receipts during the first five months (April-August) of financial year 2023-24, as per data released by the Controller General of Accounts. Total receipts of the government in April-August 2023 stood at Rs 10.3 trillion, a 21.3% increase over the same period last year. This accounts for 38.8% […]
India’s current account deficit (CAD) rose sharply to $9.2 billion in the first quarter (April-June) of this year from $1.3 billion in the preceding, January-March, quarter. However, on a year-on-year basis, there was some good news, as it represented a fall from the $17.9 billion seen in the same quarter last year, according to data […]
India’s fertilizer industry is bracing for a potential squeeze on profitability in the coming months due to a combination of rising input costs and reductions in government subsidies based on declining international prices. According to industry analysts, prices of key inputs like ammonia, phosphoric acid, potassium and sulfur have rebounded strongly over the past two […]
A Nipah virus infection has again broken out in Kerala — the third time in five years. It is a dangerous disease that has caused outbreaks in parts of Asia. Below, we present 10 tips you can follow to help prevent infection and spread of the Nipah virus: Following basic precautions like these can go […]
As India prepares for its next general elections in mid-2024, the biggest question is whether Prime Minister Narendra Modi will secure a third consecutive term at the helm, or whether the new INDIA alliance will ride a way of anti-incumbency sentiments to power. According to recent research reports by prominent brokerage houses Jefferies and IIFL […]
Income Tax Department said it has revamped its website, soon after implementing mega changes to the income tax e-filing website, incometax.gov.in. The new website, which will be available on incometaxindia.gov.in, has been designed with a user-friendly interface, value-added features, and new modules, the Central Board of Direct Taxes said. “This website serves as a comprehensive […]
As India prepares for its next general elections scheduled to be held in early 2024, all eyes are on Prime Minister Narendra Modi and whether he will secure a third consecutive term. Riding high on his continued popularity, Modi remains the frontrunner for 2024. However, he faces some emerging challenges that could complicate his re-election […]
Bangalore, India’s IT capital, is the best city for bachelors, while Ahmedabad in Gujarat was ranked at the bottom, according to a ‘liveability’ survey conducted among residents of housing societies and gated communities by MyGate app. In fact, Bangalore topped in six out of the ten parameters on which the app users were asked to […]
Reserve Bank of India governor Shaktikanta Das today warned investors to exercise caution when investing in crypto-currencies. “I have made our position very clear on this. Private crypto currency or whatever you call it, is a very big threat to our macro-economic and financial stability. “RBI’s position is that private crypto-currencies will interfere with RBI’s […]
