(PTI) The Reserve Bank today left lending rates unchanged citing risks to inflation due to spurt in farm loan waivers by states but raised lending capacity of banks to support economic growth. The government has been pressing for a cut in interest rates to increase private investment and had sought a meeting with the members of the Monetary Policy Committee, but RBI Governor Urjit Patel said that all of them declined to meet. Senior officials of the Finance Ministry were scheduled to meet MPC members on June 1 and 2 but all six members decided against the meeting.Headed by Patel, MPC…
Author: Aruna Sharma
(AU) चुनाव आयोग ने प्रेस कॉन्फ्रेंस कर आज राष्ट्रपति चुनाव की तारीखों का ऐलान किया। मौजूदा राष्ट्रपति प्रणब मुखर्जी का कार्यकाल 25 जुलाई को खत्म हो रहा है। ऐसे में नए राष्ट्रपित का चुनाव 25 जुलाई से पहले ही होगा। नई दिल्ली में मुख्य चुनाव आयुक्त नसीम जैदी राष्ट्रपति चुनाव पर मीडिया का संबोधित करते हुए कहा कि राष्ट्रपति चुनाव बैलट पेपर होंगे। सभी राज्यों के विधायक, केंद्र द्वारा प्रशासित राज्यों के विधायक और दोनों सदनोंं की सांसद वोट डालकर भारत के 14वें राष्ट्रपति का चुनाव करेंगे। इनकी कुल संख्या 4,896 है। लोकसभा और राज्यसभा में सांसदों की संख्या 776 है और कुल 4100 विधायक मतदान…
(AU) मध्य प्रदेश के मंदसौर में उठा किसान आंदोलन थमने का नाम नहीं ले रहा है। मध्य प्रदेश के गृह मंत्रालय ने केंद्रीय गृह मंत्रालय को पत्र लिखकर नीमच, मंदसौर, देवास और उज्जैन में अतिरिक्त पुलिसबल भेजने की मांग की। वहीं पीएम मोदी ने वरिष्ठ मंत्रियों के साथ बैठक की। मीडिया रिपोर्ट्स के मुताबिक कर्ज माफी और फसल के वाजिब दाम की मांग कर रहे किसान लगाातार उग्र होते जा रहा है। न्यूज एजेंसी एएनआई की खबर के मुताबिक किसानों मौके पर पहुंचे मंदसौर के कलेक्टर से भिड़ गए। इतना ही नहीं किसानों ने वहां पहुंचे अधिकारियों को भी भगा दिया।…
(PTI) Prime Minister Narendra Modi and Chinese President Xi Jinping are expected to meet this week on the sidelines of SCO summit in Astana, amid growing differences between the two countries over a host of issues including the China-Pakistan Economic Corridor and NSG. Efforts were on through diplomatic channels to arrange a meeting between the two leaders, informed sources told PTI here. The summit of the Shanghai Cooperation Organisation (SCO) being held on June 8-9 in Astana, the capital of Kazakhstan, is special for India as it would be formally admitted into the China dominated six-nation grouping along with Pakistan.…
(PTI) Oil India Ltd (OIL), the nation’s second largest state explorer, on Tuesday said it has made an oil discovery in the Baghjan area of upper Assam basin. “The well South Baghjan-2 encountered multiple sands in Narpuh and Lakadong+Therria formations. On testing, a 15 meter thick sand at a depth of 4,154 meters produced oil at the rate of 100 cubic meters per day,” the company said in a statement. The discovery was made in the Baghjan Petroleum Mining Lease (PML) in the upper Assam basin. “Presently, the well has been put on regular production,” said the company, adding further appraisal…
(ET) The Department of Investment and Public Asset Management (DIPAM) will shortly seek cabinet approval for Oil and Natural Gas Corp to buy the government’s entire stake in refiner Hindustan Petroleum Corp Ltd in line with the oil ministry’s proposal of creating a domestic oil giant, people with direct knowledge of the matter told ET. The move is based on the recommendations of consultancy Deloitte, which the oil ministry had hired to suggest ways of restructuring state firms. The ministry has left it to the department of investment to decide on how the divestment in HPCL should be achieved, although…
(North East Today) Manipur Chief Minister N. Biren Singh emphasised on the need for proper and judicious implementation of Government schemes in order to deliver the benefits to the targeted people. He was speaking as the chief guest at the launching function of Pradhan Mantri Ujjwala Yojana (PMUY) at City Convention Centre, Palace Compound, Imphal on Monday. Biren said that many noble Central Government sponsored schemes had become a failure in the State in the past due to violation of norms and dishonesty of State Government officials. As such, there is need to implement these schemes in a transparent and…
(NDTV) Reserve Bank Governor Urjit Patel-led Monetary Policy Committee (MPC) on Tuesday began its bi-monthly interest rate review amid the government pitching for a reduction in borrowing cost to help push private investments. Most analysts, however, expect no change in interest rates in view of more than $60 billion of excess liquidity in the system. Those seeking a cut in interest rates cite consumer price inflation slowing down to 2.99 per cent in April, economic growth during the last fiscal at its slowest pace in two years and weakest loan demand since at least 1992.Finance Minister Arun Jaitley on Monday made…
In a bid to promote medicinal plantation in villages identified as Ganga Grams, a meeting was organised by National Mission for Clean Ganga (NMCG) and National Medicinal Plant Board (NMPB) in New Delhi today during which a booklet of guidelines titled – ‘Home Herbal Garden’ was jointly released by DG, NMCG, Shri UP Singh and Deputy CEO, National Medicinal Plants Board (NMPB), Smt. Padampriya Balakrishnan. NMPB in a presentation on ‘Medicinal Plants and its Role in Rejuvenation of Ganga and Ganga Catchment Areas’ highlighted the plans and programmes for villages, benefits of medicinal plants, selection of plants, the modality of…
(FE) Madhya Pradesh farmers’ protest: Chief Minister Shivraj Singh Chouhan-led state government is facing a huge agitation over farm loan waiver issues. The agitation, with its epicentre based in Mandsaur – a town in western Madhya Pradesh – has entered its sixth day today. The situation is grim – 5 protestors have died, internet services are reportedly suspended and section 144 has been imposed in several parts of the states. The farmers have put forth several demands among which, better remuneration for their produce and a loan waiver is at the top. Agitation took a violent turn on Tuesday when 5…