Unacceptably high inflation led to 50 bps rate hike; expect measured policy moves from now: Das
Mumbai: The “unacceptably high” inflation trending around 7 per cent mark led the Reserve Bank of India to hike rates by an aggressive 0.50 per cent on Friday, according to Governor Shaktikanta Das. Stating that there are signs that headline inflation, which has breached the 6 per cent upper threshold set for the RBI for […]
No GST on room rents of ‘sarais’ managed by religious or charitable trusts: CBIC
New Delhi: The Finance Ministry has said that the Goods and Services Tax will not apply on room rents of ‘sarais’ (inns) or properties managed by religious and charitable institutions. The clarification was issued by the Central Board of Indirect Taxes and Customs (CBIC) on Thursday evening to clear the confusion with regard to the […]
Modi gave all-reaching, all-inclusive govt in 8 years: Amit Shah
Bengaluru: Union Home Minister Amit Shah on Thursday said Prime Minister Narendra Modi gave an all inclusive and all reaching government in the last eight years. Taking a swipe at the erstwhile UPA government at the Centre, Shah alleged that there was “policy paralysis” then, while a number of scams also happened. “In eight years […]
Tourism in J&K getting big boost due to transformative initiatives like Art 370 abrogation: Reddy
New Delhi: Union minister G Kishan Reddy on Thursday said Jammu and Kashmir registered a “record footfall” of tourists at airports and sightseeing places in the last several months due to “transformative initiatives” of the Modi government such as the abrogation of Article 370. His remarks came a day ahead of the third anniversary of […]
No foreign entity has any locus standi: Govt on US religious freedom report
New Delhi: No foreign entity or government has any locus standi to comment on the fundamental rights of Indian citizens, the government said on Thursday, rejecting a report by the US state department on the alleged curtailment of religious freedom in India. Replying to a question in Rajya Sabha on the International Religious Freedom Report, […]
Chinese military conducts precision missile strikes over Taiwan Strait a day after Pelosi’s visit
Beijing: The Chinese military on Thursday launched a four-day war game with precision strikes using ballistic missiles over the Taiwan Strait, in retaliation to US House Speaker Nancy Pelosi’s visit to Taipei disregarding Beijing’s vociferous warnings. The People’s Liberation Army (PLA) fired several ballistic missiles into waters to the east of Taiwan on Thursday afternoon, […]
LS adjourned for the day amid Oppn uproar over ‘misuse’ of ED
New Delhi: Lok Sabha proceedings were adjourned for the day on Thursday amid sloganeering by Congress members against the alleged misuse of the Enforcement Directorate by the government. As soon as the House met at 2 pm, papers were laid on the table and two resolutions adopted amid slogan shouting and protest by Congress members. […]
ED summons during Par session to ‘intimidate’ Cong: Kharge in RS
Goyal says 'face the law', govt does no interference
New Delhi: Raising in Rajya Sabha the issue of the ED summons to him during Parliament session, Leader of Opposition in the House Mallikarjun Kharge on Thursday alleged it was done to “frighten and intimidate” the Congress party, a charge rejected as “baseless” by Leader of the House Piyush Goyal. The government does not interfere […]
Rs 1,400cr worth of mephedrone drug found near Mumbai; 5 held
Mumbai: Mumbai police seized more than 700 kilograms of mephedrone worth Rs 1,400 crore, the largest recovery of the synthetic stimulant drug in Maharashtra in the last one year, after a raid at a drug manufacturing unit at Nalasopara in Palghar district, and arrested five persons, officials said on Thursday. The Anti-Narcotics Cell (ANC) of […]
With SSLV launch on Aug 7, ISRO eyes share in global small satellite market
New Delhi: The Indian Space Research Organization on August 7 will launch its smallest commercial rocket — SSLV — to put in orbit two satellites, offering cheap rides to space and eyeing a share in the burgeoning small satellite launch market. The 34-metre Small Satellite Launch Vehicle (SSLV) is 10 metres shorter than ISRO’s warhorse […]
