Rajan says RBI can never abandon inflation to focus on growth

Brand-new DELHI: Raghuram Rajan may have actually got another term as head of the Reserve Bank of India but he would certainly apparently not have actually been available for the period that the government wanted him. That possibly led to Rajan’s unexpected announcement on June 18 that he would certainly Read More

China not opposed to India’s NSG bid, clarifies Sushma Swaraj

BEIJING: Acknowledging that India is “inching closer” to get membership of the Nuclear Suppliers Group, Chinese official media on Thursday said if Brand-new Delhi is accepted into the elite grouping, “nuclear balance” between India and Pakistan will be broken. Stating that India’s entry into Nuclear Suppliers Group (NSG) will “shake Read More

Raghuram Rajan says he won’t serve second term as RBI Governor

NEW DELHI: Raghuram Rajan has announced that he would not be serving a second term as the Governor of the Reserve Bank of India. The announcement comes on the back of intense speculation and criticism over the international banker. BACKGROUNDX RBI governor Raghuram Rajan faces ghosts of rupee’s past Highlights Read More

Pak’s N-programme has increased risk of conflict with India: US report

WASHINGTON: Pakistan’s “full spectrum deterrence” nuclear doctrine and increasing fissile production capability have increased the risk of a BACKGROUNDX Pakistan, a nuclear nightmare, dangerous to the world The fact that Pakistan is also home to a slew of extremist groups, some of which are backed by a paranoid security establishment Read More

Jaish handler who directed Pathankot attack flees Pakistan 

WASHINGTON: Pakistan has actually not taken “sufficient action” versus terror groups like LeT and JeM, blamed for attacks in India, the US has actually said while noting that these outfits continue to operate, train, organise and fundraise in that country. The State Department in its annual ‘Country Reports on Terrorism Read More

‘Acche din’ for flyers: Cap on airfares, lower fee on excess baggage

NEW DELHI: The Union Cabinet on Wednesday approved the much-awaited BACKGROUNDX Union Cabinet approves civil aviation policy Highlights Civil aviation minister Ashok Gajapathi Raju said the policy is a “game-changer”. India would be the third largest civil aviation market by 2022. India’s domestic air traffic market logged the fastest growth Read More

All states, except Tamil Nadu, support GST: Arun Jaitley

Brand-new DELHI: If parties supporting the current GST bill and those who had reservations, but have actually edged closer to supporting the legislation, are taken together, the longpending landmark tax reform has actually now more than two-thirds support needed for its passage in Rajya Sabha. As things stand, around 163 Read More

‘Sedition’ video clips of Kanhaiya, others are authentic: Police

NEW DELHI: The raw video footage of the controversial February 9 event at the Jawaharlal Nehru University, based on which a sedition case was registered versus the university’s students’ union president BACKGROUNDX Finishing PhD has become a responsibility: Kanhaiya JNU Students’ Union president Kanhaiya Kumar said that finishing his PhD Read More

US calls PM’s vision of India-US ties the ‘Modi Doctrine’

WASHINGTON: Describing the just concluded US visit of Prime Minister Narendra Modi as “historic”, the Obama administration has christened his vision of Indo-US ties that has overcome the “hesitations of history” and working for the betterment of the global good as “Modi Doctrine”. “The most important outcome in my mind Read More

Eye on China: India set to export BrahMos cruise missile to Vietnam

Brand-new DELHI: India has stepped up efforts to sell an advanced cruise missile system to Vietnam and has at least 15 more markets in its sights, a push experts say reflects concerns in Brand-new Delhi about China’s growing military assertiveness. Selling the supersonic BrahMos missile , made by an Indo-Russian Read More