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RBI saw growth slowdown, acted ahead of time by cutting rates from Feb: Das

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RBI Governor Shaktikanta Das on Monday said the central bank had acted ahead of time by starting to slash rates in February this year, and hoped the decision to pause the cuts earlier this month will prove to be a right call over time. He also hoped for the US-China truce on trade tariffs, announced over the weekend, would last as he pitched for coordinated efforts to push global growth like those after the 2008 financial crisis. The comments from Das come following a series of five consecutive rate cuts…

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NEWS CATEGORIES WORLD NEWS 

Britain’s Johnson sets off on post-election Brexit mission

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Prime Minister Boris Johnson will unveil a new government Monday that wields a sweeping mandate to take Britain out of the European Union after years of acrimonious debate. Johnson’s simple promise to “get Brexit done” resonated in a snap election Thursday that became a re-run of Britain’s 2016 EU membership referendum. A narrow majority had then opted to quit the European project. UK leaders have been arguing about how — or even whether — to cut ties with the other 27 nations in the bloc ever since. The arguments were…

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NATIONAL NEWS NEWS CATEGORIES 

From Lucknow to Hyderabad, protests across campuses against police crackdown in Jamia

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Unrest over the police crackdown in Delhi’s Jamia Miiia Islamia rippled through the country on Monday with demonstrations in several campuses, including in Hyderabad, Lucknow, Mumbai and Kolkata The morning after violence broke out in the national capital following protests over the Citizenship Amendment Act, hundreds of students took to the streets demanding a probe into the usage of teargas inside the Jamia library as well as police entering the campus without permission from the varsity authorities Several Delhi University students boycotted exams to express their solidarity. They said they…

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NEWS CATEGORIES WORLD NEWS 

Boko Haram kill 19 Nigeria herders in clashes: sources

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Boko Haram jihadists gunned down 19 cattle herders Saturday in northeast Nigeria, civilian militia sources and residents told AFP on Sunday.Ethnic Fulani herders, besieged by a spate of armed attacks targeting their cattle, pursued Boko Haram, sparking a fierce gunfight outside Fuhe village, near Ngala close to the border with Cameroon.”The insurgents killed 19 of the herdsmen in the fight,” anti-jihadist militia leader Umar Kachalla told AFP. Bodies of the slain herders were brought to the police by militiamen, Kachalla said.The herders had earlier repelled an attack by Boko Haram…

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NEWS CATEGORIES SPORTS 

Messi doesn’t need to win Chess: Of Karpov’s critical remark and Anand’s rise

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Anatoly Karpov once critically remarked that Viswanathan Anand “doesn’t have the character” to win big games. The observation “hit a raw nerve”, says the Indian, who has since become a name as big as the Russian in chess world.”Ah, well Vishy’s a nice guy but he just doesn’t have the character for a big win,” was what Karpov had said about Anand after beating him in the final of the 1998 world championship. Anand recalled the remark in his newly-released autography — ‘Mind Master – Winning Lessons from a Champion’s…

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NATIONAL NEWS NEWS CATEGORIES 

Death penalty debate rages on as court considers plea of Nirbhaya convict

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“The death penalty has no place in the 21st century.”The quote by UN Secretary General Ant nio Guterres seems convincing, but over 50 countries still allow capital punishment and gruesome crimes such as the Nirbhaya gang rape-and-murder case serve as a reminder that the issue of doing away with death penalty is not a settled one. The 50 countries that still allow death penalty include India, Afghanistan, Pakistan, Nigeria, the US, Iran, Japan, Kuwait, Bangladesh, Iraq, Indonesia and the UAE, according to information in public domain.The US-based Death Penalty Information…

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LEGAL NEWS NEWS CATEGORIES 

Delhi court to pronounce verdict in Unnao rape case against Kuldeep Sengar on Monday

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 A Delhi court is scheduled to pronounce on Monday its judgement in the case of alleged kidnapping and rape of a woman by expelled BJP MLA Kuldeep Singh Sengar in Unnao in 2017.During in-camera proceedings, District Judge Dharmesh Sharma had said he was likely to pronounce the verdict on December 16 after conclusion of hearing of final arguments by the CBI and the accused in the case.The judge heard the case on a day-to-day basis from August 5 after it was transferred to Delhi from a court in Lucknow on…

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ENTERTAINMENT NEWS CATEGORIES 

Chulbul Pandey in ‘Dabangg’ was originally a negative character: Salman

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Superstar Salman Khan has revealed that “Dabangg” was originally a dark film with its lead character Chulbul Pandey being “out and out negative.”Directed by Abhinav Kashyap, the 2010 film featured Salman as Pandey, a fearless yet corrupt police officer with unorthodox working methods. It received critical acclaim and was a blockbuster upon its release.In a group interview, Salman revealed that before him, actor Randeep Hooda and his brother Arbaaz Khan were approached for the project.”It was a very dark film, small film to be made under Rs 2 crore. At…

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BUSINESS NEWS CATEGORIES 

FM to hold pre-Budget consultations with stakeholders beginning Monday

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Beginning the customary pre-Budget consultation exercise from Monday, Finance Minister Nirmala Sitharaman will seek inputs from various stakeholders including industry bodies, farmer organisations and economists for reviving consumption and boosting growth.Sitharaman is likely to present her second Budget for the Modi 2.0 government in Parliament on February 1.Sources said the pre-Budget consultations starting Monday will last till December 23.They said the main focus of the Budget this time will be on boosting economic growth, which slowed to an over six-year low of 4.5 per cent in the second quarter of…

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BUSINESS NEWS CATEGORIES 

Seventh Economic Census To Be Complete By March 2020, Says Official

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The 7th Economic Census, which is being conducted nationwide through common services centres (CSCs), is expected to be completed by March 2020, Central Statistics Office Director General (Social Statistics) AK Sadhu said on Friday. The Ministry of Statistics and Programme Implementation (MoSPI) has tied up with CSC e-Governance Service for the 7th Economic Census. The survey was launched in Delhi on Friday.  “For the first time, the entire Census is being conducted on a digital platform by the use of an application which will ensure high accuracy and data security. …

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