Urjit Patel must have lost count of the number of times he has been referred to as “shy and reticent” after being selected as the 24th governor of the Reserve Bank of India. Media commentaries and conversations in the corridors of power show a strange anxiety: What does the new RBI governor stand for? That’s because most people are clueless Read More

Amid the debate about whether the rupee should be depreciated sharply to benefit exporters, currency market participants are not sure it will boost India’s prospects of cornering a larger slice of the global market. However, the underlying message to the Reserve Bank of India (RBI) could be to lower rates. A low interest rate makes the country less attractive for Read More

A fresh row has broken out between the Big Three telecom operators and Reliance Jio over number portability. Jio has written to Telecom Regulatory Authority of India (Trai) that the three leading telcos – Airtel, Vodafone and Idea – are preventing consumers from shifting to Jio. In a letter to Trai chairman R S Sharma, dated September 14, Jio said: Read More

A day after Hurriyat leaders snubbed members of the all-party delegation who reached out to them, Home Minister Rajnath Singh on Monday said the behaviour of the separatists shows they do not believe in ‘Kashmiriyat‘, ‘Insaniyat‘ and ‘Jamooriyat‘. Addressing a press conference on the second day of the delegation’s visit, Singh said he was confident that peace will be restored Read More

The Left-affiliated central trade unions have called for a nationwide strike on September 2 to protest against ‘anti-labour policies’ of the government. The trade unions will also be joined by the employees of six public sector banks in their fight. Many banks have already communicated to their customers about the likely inconvenience. The possible fallout of the strike could mean a shutdown Read More

The advocate for the complainant who has filed a case of rape against Anmol Ratan, a fellow research scholar of the Jawaharlal Nehru University (JNU), has written to the SHO of the Vasant Kunj (North) police station asking him to clarify the “misleading and false” details of the case being circulated in the media. Advocate Vrinda Grover has also asked Read More

To coordinate next year’s Golden Jubilee celebrations of the induction of the first submarine in the Navy, more than 100 retired officers of the submarine branch started a WhatsApp group last month. This group, which includes three-star officers who have spent decades with submarines, went abuzz at midnight last Tuesday after The Australian newspaper reported that 22,400 pages of documents Read More

Union Tourism Minister Mahesh Sharma on Sunday advised tourists not to wear skirts and refrain from going out alone at night in small towns. Responding to questions from the media about the safety of tourists in Agra during a press conference, Sharma said here, “…Paryatako ko, jab wo airport par aate hain, unko ek welcome kit di jaa rahi hai. Ek Read More

Head of Dwarkashardapeeth Shankaracharya Swami Swaroopanand Saraswati on Tuesday said cow is the mother of not only Hindus but also of Muslims as its milk is as much beneficial for believers of one faith as for those of another. In a statement here, Swami Swaroopanand said a Hindu gets as much protein out of cow’s milk as a Muslim. So Read More

As the curtains come down on the Rio Olympics, post mortems about the Indian contingent’s performances are already underway. And while there is talk of the need to improve and to already get a plan in place for Tokyo 2020. The mood is one of cautious optimism. Optimism that has been fuelled by the excellent performances of Sakshi Malik and Read More