Congress MP Rahul Gandhi stated his party's state election victories would lead to the central government's fall. He made these remarks during a campaign event in Punjab's Barnala district. Gandhi claimed the current administration is afraid of opposition unity. He predicted a shift in power following the upcoming state assembly results.
The Reserve Bank of India has raised the average cash reserve ratio requirement for banks. This new rule mandates that banks must maintain a higher daily average of deposits with the central bank. The policy change was announced by RBI Governor Shaktikanta Das. The adjustment aims to better manage liquidity within the banking system.
The Delhi government has ordered a 24-hour suspension of internet services in parts of the national capital. This action was taken in response to planned protests by the Confederation of Jain Pilgrims (CJP). The suspension began at 10 PM on Tuesday. Authorities stated the measure was necessary to maintain public order and prevent the spread of misinformation.
Susan Dell, wife of billionaire Michael Dell, recently made a public appearance. Her look at the event garnered widespread attention on social media. The Economic Times reported that her appearance sparked an online frenzy. The specific reasons for the intense public reaction were not detailed in the report.
The Economic Times reported that rising tensions in the Middle East are impacting global space industry supply chains. Key materials and components for satellites and rocket launches are facing shipment delays and rising costs. These disruptions stem from heightened security risks affecting major shipping routes. Industry executives warn this could slow down global space projects and increase operational expenses.
A Parliamentary panel has recommended that the National Testing Agency implement a vetting process for paper setters. This follows recent controversies over irregularities in several national-level examinations. The panel's report emphasizes the need for greater transparency and accountability in the exam process. The suggestion aims to restore public trust in the country's major testing system.
Health authorities in the United States and Canada are expressing concern over a rise in Shigella infections. These cases are driven by strains resistant to common antibiotics, classifying them as superbugs. The bacteria cause shigellosis, a gastrointestinal illness that can be severe. The primary concern is the limited treatment options available for these drug-resistant infections.
The Income Tax Department has introduced a new form for individuals to apply for waivers on penalties and late fees. This form is specifically for cases where fines were levied under sections 234A, 234B, 234C, 234E, or 270A of the Income Tax Act. Taxpayers can use this form to request relief by citing genuine reasons for their delays or defaults. The move aims to streamline the process for taxpayers seeking leniency from mandatory penalties.
Sriram Finance has increased its fixed deposit interest rates. The new rates go as high as 7.85% per annum. This revision applies to deposits made on or after March 7, 2024. The move aims to attract more deposits from investors in a competitive market.
Congress leader Saurav Das stated that an emergency has been imposed in the country. He made these remarks during a press briefing. Das argued that the current environment stifles democratic dissent and opposition. His comments were reported by The Economic Times.
Following a 'Delhi Chalo' protest call by farmers, Delhi Police have implemented traffic restrictions and closed several borders as of February 13. The Delhi Transport Corporation has suspended some bus services to affected areas, while the Delhi Metro continues to operate normally. Schools and colleges in the capital remain open, but advisories for remote work have been issued for some government offices. These measures are intended to manage the anticipated influx of protestors and maintain public order.
According to a report, streaming service Netflix plans to lay off around 5% of its employees. The information was reported by The Economic Times. These job cuts represent the latest in a series of workforce reductions at the company. The move is part of a broader effort by Netflix to manage its costs amid changing market conditions.
The Canadian government is offering rebates for installing heat pumps through a program associated with Mark Carney. Households can claim up to $10,000 to offset the cost of purchasing and installing the energy-efficient units. The initiative aims to reduce heating costs and lower carbon emissions. Applications must be submitted through the program's official channels to qualify.
Two stations on Delhi's Namo Bharat rapid rail corridor are temporarily closed. The closure, which began on October 6, will last until October 10, 2024. This is to facilitate maintenance work on the rail line. The stations are located in Sahibabad and Duhai.
Multiple Delhi schools have switched to online classes or declared holidays due to a protest by farmers. The protest, called the 'Chalo Delhi' march, involves farmers from Punjab and Haryana. Authorities have implemented traffic restrictions and heightened security, citing potential disruptions. The shift aims to ensure student safety during the protest activities.
Reliance Industries is considering an initial public offering for its telecom subsidiary, Jio. According to a report, the potential price band is between 2,000 to 2,500 rupees per share. The IPO is expected to be one of India's largest public listings. This move aims to unlock value and fuel further growth for the digital services company.
Delhi Police Commissioner Sanjay Arora issued a public statement on Friday. He urged citizens to maintain calm and exercise restraint. This appeal comes ahead of a planned protest by the political group CJP outside the Supreme Court. The call for restraint aims to ensure public order and safety in the capital.
The Economic Times compared quarterly income from a Rs 7 lakh investment in the Senior Citizen Savings Scheme and a State Bank of India fixed deposit. This analysis was based on current interest rates for both savings instruments. The comparison aimed to show the income differences retirees could expect from each option. It provides factual data to help senior citizens make informed investment decisions.
West Bengal Chief Minister Mamata Banerjee stated that the BJP has found a friend in the minority community. She made these remarks during a public address in West Bengal. The comments were reported by The Economic Times. This assertion highlights the political dynamics regarding minority support ahead of elections.
The Supreme Court of India has questioned the Delhi government's justification for a new metro line through forested ridge areas. Justices expressed concern that the project's environmental damage may outweigh its transportation benefits. The court suggested exploring less destructive public transit alternatives. A final decision on the project's approval is pending further government submissions.