Urjit Patel’s resignation signals dangerous trend: AIBEA

Urjit Patel’s resignation signals dangerous trend: AIBEA

Chennai, December 11 (IANS) Although the All India Bank Employees’ Association (AIBEA) had earlier demanded RBI Governor Urjit Patel’s resignation, his calling it quits on Monday has left the banking body shocked and disturbed and it has termed it a “dangerous trend”.   “The resignation of RBI Governor Urjit Patel is quite shocking and disturbing. […]

Congress may be heading for landslide win in Chhattisgarh

Congress may be heading for landslide win in Chhattisgarh

Raipur, December 11 (IANS) The Congress appeared to be heading for a landslide victory on Tuesday in Chhattisgarh, dealing a major blow to the ruling Bharatiya Janata Party (BJP), Election Commission officials said.   After the first round of voting, Congress candidates were ahead of their rivals in 61 of the 90 seats in the […]

Congress leads in three BJP-ruled states, TRS in Telangana

Congress leads in three BJP-ruled states, TRS in Telangana

New Delhi, December 11 (IANS) Congress candidates on Tuesday took significant leads in BJP-ruled Rajasthan and was inching ahead of the BJP in both Madhya Pradesh and Chhattisgarh in Assembly elections held in five states.   Early trends from counting centres also showed that the Telangana Rashtra Samithi (TRS) appeared set to retain power in […]

India’s growth ‘very solid’: IMF Chief Economist Maurice Obstfeld

New Delhi, December 10 (PTI): India’s growth has been “very solid” over the past four years, IMF’s Chief Economist Maurice Obstfeld said, praising the fundamental economic reforms like the GST and the Insolvency and Bankruptcy Code carried out by the government.   Obstfeld — who is set to retire this month-end — will be succeeded […]

Agusta case: CBI remand of Christian Michel extended

Agusta case: CBI remand of Christian Michel extended

Christian Michel, the alleged middleman in the multi-crore AgustaWestland chopper deal, arrives at CBI Special Court of the Patiala House Courts, in New Delhi, on Monday. Photograph: Ravi Choudhary/PTI Photo   New Delhi, December 10 (PTI): A Delhi court on Monday granted further five-day remand of Christian Michel, the alleged middleman who has been chargesheeted […]

RBI Governor Urjit Patel resigns, stuns markets

RBI Governor Urjit Patel resigns, stuns markets

The Reserve Bank of India (RBI) Governor Urjit Patel arrives to attend a news conference after a monetary policy review in Mumbai, India, December 5, 2018. (REUTERS/Francis Mascarenhas/Files)     MUMBAI, December 10 (Reuters):  Reserve Bank of India (RBI) Governor Urjit Patel resigned for “personal reasons” on Monday, a decision analysts linked to intense pressure […]

UK court orders Indian tycoon Vijay Mallya to be extradited on fraud charges

UK court orders Indian tycoon Vijay Mallya to be extradited on fraud charges

Force India co-owner, Vijay Mallya, talks outside Westminster Magistrates, in central London, Britain June 13, 2017. REUTERS/Hannah McKay/Files   LONDON , December 10(Reuters) – Indian tycoon Vijay Mallya should be extradited from Britain to India to face fraud charges resulting from the collapse of his defunct Kingfisher Airlines, a London court ruled on Monday.   […]

India-China military drill will have positive impact on ties: Beijing

Beijing, December 10 (IANS) The two-week long India-China military exercise in Chengdu city will have a positive impact on bilateral ties, an official said here on Monday.   The world’s largest standing armies, which hurled stones at each other at their disputed border and faced-off for 73 days in Doklam, jointly kicked off a counter-terrorism […]

Kushwaha blasts Modi as he quits NDA, government

New Delhi, December 10 (IANS) RLSP leader Upendra Kushwaha on Monday quit the BJP-led NDA and the Modi government, charging Prime Minister Narendra Modi with betraying Bihar and with pursuing an “opaque style of functioning and non-democratic leadership style”.   Kushwaha, who is the second BJP ally to quit the Modi government after the Telugu […]

Assembly election results could halt Prime Minister Modi’s winning streak

Assembly election results could halt Prime Minister Modi’s winning streak

A woman holds her child as she casts her vote a polling station during state assembly elections at Kanhmun village, in the northeastern state of Mizoram, November 28, 2018. REUTERS/Jayanta Dey/Files   NEW DELHI, December 10 (Reuters) – Prime Minister Narendra Modi is staring at election losses in big heartland states, polls show, suggesting that […]