United Nations, Jan 9: Fuelled by policy reforms and rebound in credit, India's economy is forecast to expand by 7.5 per cent during the 2019-20 fiscal year and retain its position as the fastest growing major economy in a world of slowing growth, according to the World Bank. The Bank`s Global Economic Prospects (GEP) report released on Tuesday kept the forecasts made for India in its June report
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New Delhi, Jan 9: Congress president Rahul Gandhi and his mother Sonia had 'escaped' incomes of Rs 300 crore in 2011-12 and their tax liability is around Rs 100 crore, according to an income tax (IT) order passed after reassessing the Congress leaders' incomes relating to Associated Journals Ltd. Rahul Gandhi and Sonia had 'escaped' of Rs 155.41 crore and Rs 154.96 crore respectively, said the
New Delhi, Jan 8: A bill seeking to provide Indian citizenship to non-Muslims from Bangladesh, Pakistan and Afghanistan was approved by the Lok Sabha on Tuesday. Piloting the contentious Citizenship (Amendment) Bill 2019, Home Minister Rajnath Singh told the Opposition that the bill was not against the provisions of the Constitution and would give succour to persecuted minorities in the three
Washington, Jan 8: Prominent Indian-American economist Gita Gopinath has joined as the chief economist of the International Monetary Fund, becoming the first woman to occupy the top post at the global lender. Gopinath, 47, joined last week at a time, when she believes the world is experiencing a retreat from globalisation, posing challenges to multilateral institutions. The John Zwaanstra
New Delhi, Jan 8: Congress leader Mani Shankar Aiyar on Monday said that Narasimha Rao-led government in 1992 failed to prevent the demolition of Babri Masjid and did not take the steps that were needed to be taken. Speaking at an event 'Ek Shaam Babri Masjid Ke Naam' organised by Social Democratic Party of India here, Aiyar said that no excuse could ever justify as to why this "unconstitutional
New Delhi, Jan 8: The Supreme Court on Tuesday reinstated Alok Kumar Verma as CBI Director and set aside the Centre's decision divesting him of his powers and sending him on leave. The top court, however, restrained Verma from taking any major policy decision till the Central Vigilance Commission inquiry is over. The apex court also said that any further decision against Verma would be taken by
Mumbai, Jan 8: Veteran filmmaker-actor Rakesh Roshan has been diagnosed with "early stage squamous cell carcinoma of the throat", his son, actor Hrithik Roshan said on Tuesday. Hrithik made the revelation on Instagram, adding his father is set to undergo surgery. "Asked my dad for a picture this morning. Knew he wouldnt miss gym on surgery day. He is probably the strongest man I know. "Got
Kochi, Jan 7: The Kerala High Court ruled on Monday that Hartals should not be called without issuing a prior notice seven days ago. The Court made the observation while considering the plea filed by Kerala chamber of commerce and Thrissur-based NGO Malayalavedi. Pointing out that such strikes should not affect the fundamental rights of the people, the court, presided over by the Division Bench of
Kolkata, Jan 7: The banking sector may only see a partial shutdown on the two-day general strike called by central trade unions on January 8 and 9, a banking union official said Monday. The State Bank of India (SBI), the country's largest bank with 85,000 branches, is likely to remain operational on the two days, along with a few other nationalised banks, the official said. "All the SBI branches
New Delhi, Jan 7: The Union Cabinet has approved 10 per cent reservation in jobs and educational institutions for the economically backward section in the general category, sources said on Monday. The section doesn't get a reservation as of now, the sources said. This reservation will be over and above the existing 50 per cent reservation, they said, adding that the government is likely to bring a