Bhopal: Union Finance Minister Nirmala Sitharaman on Tuesday justified the present taxation regime, saying that the country needs resources to meet the challenges facing the nation and also to fund research and development activities. Sitharaman was addressing the 11th convocation of Indian Institute of Science Education and Research (IISER) in Bhopal. While appealing to the…
Chennai: BJP Tamil Nadu unit chief K Annamalai on Sunday called for a thorough investigation into the latest allegations made by Hindenburg Research against SEBI Chairperson Madhabi Puri Buch. While acknowledging that previous claims by the US-based firm were found to be baseless, he stressed the importance of probing the current allegations. Annamalai accused Hindenburg…
Mumbai: US short-seller Hindenburg Research alleged that it suspects SEBI’s unwillingness to act against Adani group may be because of its head Madhabi Puri Buch had stakes in offshore funds linked to the conglomerate – an allegation slammed by the SEBI head as “baseless” while Adani group said it never had any commercial relations with…
New Delhi: The Congress on Saturday hit out at the Centre over the issue of trade deficit with China and said that while other countries around the world had taken measures to restrict uncontrolled Chinese imports, “our government has been caught napping at the wheels”. Congress general secretary in-charge communications Jairam Ramesh said the data…
New Delhi: The Reserve Bank of India (RBI) and the government are asking banks to focus on core banking activity of deposits and lending, Finance Minister Nirmala Sitharaman said on Thursday. She said this while addressing the media after meeting the RBI’s Central Board of Directors. She also said interest rates on deposits and lending…
Mumbai: The Reserve Bank of India on Thursday expectedly kept the benchmark interest rate and stance unchanged for the ninth straight policy meeting, saying it cannot afford to look through persisting high food inflation and has to remain vigilant to prevent spillover. Retaining its unambiguous focus on inflation, the Monetary Policy Committee (MPC), which consists…
Saint-Denis Paris: Don’t look now, but Jamaica, that Caribbean island known for producing elite sprinters such as Usain Bolt and Shelly-Ann Fraser-Pryce, is now a field-event power. Roje Stona’s gold in the discus throw Wednesday gave Jamaica its fourth medal in the field events at the 2024 Olympics — after winning just two in history….
Saint-Denis, France: As the flash of red, white and blue streaked past one sprinter — then the next, then the next — the American man delivering the latest out-of-nowhere comeback on the track said he had one thing going through his mind: “Get home, son! Get home, son!” Quincy Hall got home in first, then…
Kolkata: Former West Bengal chief minister Buddhadeb Bhattacharjee died on Thursday at his Kolkata home following old age-related ailments, CPI(M) state secretary Md Salim said. The former chief minister was 80 and is survived by his wife Mira and daughter Suchetana who underwent gender change surgery. A party official said Bhattacharjee died at around 8.30…
Mumbai: The country’s forex reserves touched a record high of USD 675 billion on August 2, Reserve Bank Governor Shaktikanta Das said on Thursday. The previous all-time high for the kitty was USD 670.857 billion on July 19 this year, and the last reported reserve was USD 667.386 billion as on July 26. Das said…
