Current policy rate appropriate amid buoyant economic growth, benign inflation: RBI Guv

Sanjay Malhotra named new RBI Governor as Shaktikanta Das’ term ends

Mumbai: Reserve Bank Governor Sanjay Malhotra voted for the status quo in the key interest rate earlier this month, saying the current policy rate was appropriate, given the buoyant economic growth and benign inflation, according to the MPC meeting minutes released Friday. The Reserve Bank kept the short-term lending rate (repo) unchanged at 5.25 per cent after the Monetary Policy Committee (MPC) meeting held from February 4 to 6. The governor...

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NH toll plazas likely to go cashless from April 1: NHAI proposes only FASTag, UPI payments

FASTag introduced on State Highway-10

New Delhi: Highways authority NHAI is considering discontinuing cash payments at highway toll plazas from April 1, requiring commuters to use only digital modes such as FASTag or UPI for toll payments. Post implementation, all toll payments at National Highway fee plazas will be processed exclusively through digital modes, using FASTag or Unified Payments Interface (UPI), the National Highways Authority of India (NHAI) said. The authority said it is contemplating completely...

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SC orders deployment of judicial officers in Bengal’s SIR exercise

Supreme court

New Delhi: In an extraordinary order, the Supreme Court Friday directed the deployment of serving and former district judges to assist the Election Commission in the controversy-ridden special intensive revision of electoral rolls in West Bengal. Ruing the "unfortunate blame game" between the EC and the TMC-led government, a bench of Chief Justice Surya Kant and justices Joymalya Bagchi and Vipul M Pancholi passed a slew of fresh directions to ensure...

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Youth Congress workers stage ‘shirtless protest’ at AI Summit, 10 detained

Youth Congress

New Delhi: A group of Indian Youth Congress workers Friday staged a dramatic 'shirtless protest' at an AI Impact Summit exhibition hall, walking around holding T-shirts with slogans against the government and the India-US trade deal printed on them, before being whisked away by security personnel. A senior police officer said that around 10 people were detained when they were protesting at the AI Summit. "They were removed immediately and were...

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Odisha CM proposes four new universities in state; details here

Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi Saturday proposed setting up four new universities in Kendrapara, Bhadrak, Jharsuguda and Jagatsinghpur districts while presenting the annual Budget for 2026-27 in the state Assembly. The Chief Minister, who also holds the Finance portfolio, also proposed two new government engineering colleges in Paradip and Bolangir to strengthen technical education infrastructure...

Odisha allocates Rs 530 Crore for flood management

Bhubaneswar: The Odisha government has allocated Rs 530 crore for flood management in the state budget. An outlay of Rs 1,000 crore has been earmarked for the In-Stream Storage Structure Programme, while Rs 180 crore has been allocated for the Nabakrushna Choudhury Secha Unnayan Yojana. The government has also set aside Rs 280 crore for the Mukhyamantri...

Supreme court

SC orders deployment of judicial officers in Bengal’s SIR exercise

New Delhi: In an extraordinary order, the Supreme Court Friday directed the deployment of serving and former district judges to assist the Election Commission in the controversy-ridden special intensive revision of electoral rolls in West Bengal. Ruing the "unfortunate blame game" between the EC and the TMC-led government, a bench of Chief Justice Surya Kant and justices...

IMF chief Kristalina Georgieva

AI can lift global growth, help India achieve Viksit Bharat goal: IMF chief

New Delhi: IMF Managing Director Kristalina Georgieva Friday said artificial intelligence could lift global growth by 0.8 per cent and help India achieve the Viksit Bharat goal, but poses a significant risk of displacement of jobs and financial stability. While being optimistic about the technology, Georgieva cautioned against "sugarcoating" the impact of AI and called for striking...

Raj Kundra

Raj Kundra gets bail in Bitcoin money laundering case

Mumbai: A special court here Friday granted bail to businessman Raj Kundra after he appeared before it in a money laundering case linked to an alleged Bitcoin scam. Special judge for cases under the Prevention of Money Laundering Act, R B Rote, had in January issued a summons to Kundra after taking cognisance of a charge sheet...

Odisha CM presents Budget for financial year 2026-27

Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi, who also holds the Finance portfolio, presented the annual Budget for the financial year 2026-27 in the state Assembly Saturday. This year, the total Budget outlay is reportedly Rs 3.10 lakh crore. Out of the total outlay, Rs 1,80,000 crore has been earmarked for programme expenditure, around 58 per cent...

 

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