India

Mumbai, Dec 7: Taking markets by surprise, RBI Governor Urjit Patel today kept short term lending rate unchanged even as the central bank lowered GDP growth rate to 7.1 per cent and short term disruption in economic activities due to demonetisation. Patel-led 6-member Monetary Policy Committee, which had in its first policy review cut interest rate by 0.25 per cent in October, belied expectations

New Delhi, Dec 7: Prime Minister Narendra Modi on Wednesday flayed the opposition for its “undemocratic” act of not allowing a debate on the demonetisation issue even as he asserted that the “major reform” exercise had the support of the people. In his remarks made at the BJP Parliamentary Party meeting, he said Parliament in the past decades has debated a number of government decisions, which had

New Delhi, Dec 7: Stepping up action to check financial crimes post demonetisation, the ED today launched an 'enquiry of records' operation at over 50 bank branches across the country to detect money laundering and hawala dealing instances through these channels. Officials said multiple teams of the Enforcement Directorate (ED) swooped early morning at over 50 branches of at least ten banks, both

New Delhi, Dec 7: At least two people have died and six injured after two coaches of Capital Express train, scheduled from Bihar's Rajendra Nagar to Guwahati in Assam, derailed in West Bengal this evening. The derailment took place close to Samuktala Road Station in West Bengal's Alipurduar district, which is about 720 kilometres from Kolkata, around 9 pm. The injured have been sent to hospital

New Delhi, Dec 7: The Modi government will look to work closely with the new dispensation in Tamil Nadu, support chief minister O Panneerselvam and build an equation with Sasikala, close aide and confidant of the late J Jayalalithaa. The Centre is looking to do what it can to ensure political stability and continuity as AIADMK's 50 Lok Sabha and Rajya Sabha MPs can be a handy cushion in

Chennai, Dec 6: In death too, Jayalalithaa was in her favourite green colour saree. When her body was taken from her Poes Garden residence early this morning to Rajaji Hall, it was draped in her trademark green saree, though with a red border. It was green all the way. When she was sworn in as chief minister for a sixth time after emerging triumphant in the May 16 assembly polls, she was wearing a

Chennai, Dec 6: Lakhs of grieving men and women today bid a tearful adieu to J Jayalalithaa, the charismatic Chief Minister who held sway over Tamil Nadu politics for more than three decades with a pro-poor image, as the AIADMK supremo was buried here with full state honours. President Pranab Mukherjee, Prime Minister Narendra Modi, Congress Vice-President Rahul Gandhi, Union Minister Venkaiah

Chennai, Dec 6: Clad in a black saree, a sombre-looking Sasikala Natarajan, who remained a wall of support for Jayalalithaa through thick and thin, remained beside the casket of the departed leader as people filed past it paying their homage. Intermittently standing up and touching Jayalalithaa's face, which was kept in state at Rajaji Hall, Sasikala looked lost even as she acknowledged the

Chennai, Dec 6: Cries of "Amma" rent the air as a sea of humanity thronged the Rajaji Hall grounds today to pay their last respects to AIADMK supremo and Tamil Nadu Chief Minister J Jayalalithaa, whose body lay in state in Chennai where normal life virtually came to a grinding halt. As tributes poured in from far and wide after the actress-turned-politicians's death last night, the body of

Chennai, Dec 6: Life virtually came to a grinding halt here as the city woke up to deserted streets with shops, including eateries, remaining shut in the wake of the demise of Tamil Nadu Chief Minister J Jayalalithaa. Public transport services, including autorickshaws, were off the roads while some private vehicles were seen plying in various parts of the city where police personnel kept a tight