IPA Webdesk
RBI Governor reiterates concerns over cryptocurrency
Reserve Bank of India governor Shaktikanta Das has once again came down heavily upon cryptocurrencies, saying that the digital assets can create a lot of financial instability in terms of the ability of the central bank to determine monetary policy. Das’ comments came in sync with his and the RBI’s...
Violent Hyderabad protests over BJP MLA’s Prophet remarks
A huge crowd of protesters gathered in Hyderabad late Wednesday night demanding action against T Raja Singh, the suspended BJP MLA out on bail after being arrested for his alleged derogatory remarks on Prophet Muhammad. Police used a lathi-charge to contain protesters who raised religious slogans, burnt effigies and...
Complaint filed against Bihar minister for Gaya temple visit
A complaint petition was filed on Wednesday in a court in Bihar’s Muzaffarpur against IT Minister Mohammad Israel Mansuri for visiting the Vishnupad temple in Gaya. Muzaffarpur-based social activist Chandra Kishore Parashar filed the complaint seeking an FIR be registered against the minister for “hurting religious sentiments of Hindus”....
Bhupendra Chaudhary tipped to be UP BJP chief
Uttar Pradesh minister Bhupendra Chaudhary is likely to be appointed the BJP’s state unit chief, sources said on Wednesday. Chaudhary, a Jat leader from western Uttar Pradesh, met BJP president J P Nadda late on Wednesday evening, they said. Chaudhary will replace Swatantra Dev Singh, who has been made...
US sees India as indispensable partner: White House
The United States sees India as an indispensable partner, the White House asserted Wednesday even as the two countries are pursuing their own national interests in Ukraine. “We see … the (Indian) partners as indispensable partners. And the US-India Strategic Partnership is grounded in our shared commitment to the...
Congress loses another young face in Jaiveer Shergill
After dismal performances in Lok Sabha and state Assembly elections in recent years, Congress is witnessing a resignation spree with its young and popular leaders switching sides for better opportunities and positions. Some of the turncoats are now serving either as ministers or MPs in the parties they have...
Supreme Court to review money laundering Act verdict
The stringent law against money laundering, which received a thumbs up from the Supreme Court recently, will be up for review again, with the top court agreeing to hear a petition that has challenged the judgment. The hearing will be held tomorrow. In a judgment last month, the court...
Nitish Kumar wins majority test, BJP walks out
Bihar Chief Minister Nitish Kumar’s new Grand Alliance government won the trust vote in the assembly today. The BJP walked out in protest during his address ahead of the voting. In the voting that followed after the BJP walkout, Kumar got all 160 votes. With 164 MLAs supporting Nitish...
Indian retail footfalls post 100% growth as pandemic ebbs
Even as the coronavirus pandemic ebbs, the Indian retail space is witnessing growing footfalls across retail and recreational spaces. The retail sector made a robust recovery in the second quarter of 2022, with transaction activity growing by more than 100 per cent on a quarterly basis. Overall, in H1...
Kejriwal calls meeting of party MLAs to discuss situation
Delhi Chief Minister Arvind Kejriwal has called a meeting of all AAP MLAs at his residence at 11 am on Thursday to discuss the ongoing political situation and central probe agencies’ raids on party leaders. It has also been alleged that the BJP, which is in opposition in the...
Gehlot denies Sonia offered him party chief post
Ashok Gehlot, the Chief Minister of Rajasthan, today denied that Sonia Gandhi had offered him the chief’s post. “I’m hearing this from the media. I don’t know about this. I’m fulfilling duties that have been assigned to me,” Gehlot told reporters in Gujarat. A report in The Hindu said...
Anand Sharma says Cong can be revived with collective thinking
Former Congress leader Anand Sharma, who quit from chairmanship of the party’s steering committee, said Congress needs an inclusive and collective thinking and approach. Stressing that the party cannot be revived by having an ‘A’ group or ‘B’ group, Sharma called for collectiveness within the party. Sharma said that...
Economists see GDP clipping 13-15.7% in first quarter
Leading economists have pencilled in a high 13-15.7 per cent uptick in the economy in the first quarter of 2022-23 with an upward bias. Soumya Kanti Ghosh, the group chief economic adviser at State Bank of India, on Tuesday said he expects the GDP to clip past 15.7 per...
Home loans get costlier as benchmark ending rate hiked
LIC Housing Finance and Bajaj Housing Finance have recently announced a hike in lending rates for home loans by 0.5 per cent. Banks and non-bank lenders have been reviewing their lending rates ever since the Reserve Bank of India (RBI) increase its key interest rate by 140 basis points in three...
Bihar face-off as Speaker dismisses no-trust motion
A face off between the ruling JD(U)-RJD alliance and Opposition BJP seems to be on the cards in the Bihar Assembly with a no-trust motion against Speaker Vijay Kumar Sinha, a senior BJP leader. The Nitish Kumar-led ‘Mahagathbandhan’ government will also face a floor test to prove its majority in...
Fadnavis slams felicitation of Bilkis Bano convicts
Maharashtra Deputy Chief Minister, the BJP’s Devendra Fadnavis, has strongly criticised the grand welcome given to the 11 men convicted for the rape of Bilkis Bano after their release from jail. The men were released on Independence Day by the Gujarat government under an old remission policy. Videos of...
Twitter India forced to hire govt agent, claims ex-staffer
A former Twitter Inc security chief has alleged that the Indian government forced the social media firm to put a government agent on the payroll, according to a whistleblower disclosure with US regulators. Peiter ‘Mudge’ Zatko raised the issue with the US Securities and Exchange Commission among other security lapse claims...
29% of NDTV acquired without discussion, consent or notice
Without any discussion with New Delhi Television Limited (NDTV) or its founder-promoters, Radhika and Prannoy Roy, a notice was served upon them by Vishvapradhan Commercial Private Limited (VCPL) stating that it (VCPL) has acquired control of RRPR Holding Private Limited (RRPRH). This entity owns 29.18% of NDTV. It has...
