Washington, Sept 13: India's economic growth is "much weaker" than expected, the IMF said on Thursday, attributing the reasons to corporate and environmental regulatory uncertainty and lingering weaknesses in some non-bank financial companies. The International Monetary Fund (IMF) in July projected a slower growth rate for India in 2019 and 2020, a downward revision of 0.3 per cent for both the
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New Delhi, Sept 13: The Supreme Court on Friday asked the government to explain if it is contemplating any move to link social media accounts with Aadhaar. A bench headed by Justice Deepak Gupta asked the Centre to inform whether it is contemplating any move on framing some policy to regulate social media and linking of social media accounts with Aadhaar, by September 24, the next date fixed for
New Delhi, Sept 13: The Interpol has issued a Red Corner Notice (RCN) against Nehal Modi, brother of main accused Nirav Modi, the main accused in the USD 2 billion PNB scam case, officials said on Friday. They said the global arrest warrant against the Belgian national Nehal, 40, has been issued on charges of alleged money laundering that is being probed by the Enforcement Directorate. Nehal
Sept 13: Hitting out at Congress chief Sonia Gandhi over her remarks on the "grim" economic situation in the country, the BJP said she seemed to be talking about the economic slowdown in her party as its "moneybag handlers" were behind bars. Addressing central and state Congress leaders at a meeting here earlier on Thursday, Gandhi said the country is going through a prolonged economic slump, job
New Delhi, Sept 13: At least 11 people died after the boat they were in capsized during Ganpati Visarjan at Khatlapura Ghat in Bhopal on Friday morning. Five others have been rescued, officials said. A search operation is underway. The police said the incident occurred at around 4.30 on Friday morning when a boat carrying a group of 16 people for Ganesh immersion capsized at Khatlapura Ghat. "Five
New Delhi, Sept 12: Trying to counter his critics on India's slowing economy, Commerce Minister Piyush Goyal made a gaffe by invoking Einstein for the Theory of Gravity, which was propounded by Isaac Newton. “Don’t go by all the calculations you see on TV, that if the country has to become a $5 trillion economy, it will have to grow at 12% but right now it is currently growing at 6-7%”. “Don’t get
Sept 12: Congress president Sonia Gandhi on Thursday expressed concern over the "grim" economic situation in the country and accused the BJP government of misusing its mandate in the "most dangerous" fashion. Sources said, Gandhi, while addressing Congress leaders at a meeting at the party headquarters here asserted that the BJP government was testing the resolve and resilience of the Congress
Kolkata, Sept 12: West Bengal Chief Minister Mamata Banerjee on Thursday took out a rally in north Kolkata to protest against NRC in Assam. The TMC supremo along with her party colleagues began her march from Sinthee More in the northern fringes of the city around 3 pm. The rally will culminate at Shyambazar five-point crossing, 5 km away. The Trinamool Congress leadership, which has been one of
Sept 12: AIMIM President Asaduddin Owaisi on Wednesday targetted Prime Minister Narendra Modi within hours of the latter saying some people get "electric shocks" when someone talks about "Om and cow". Owaisi lashed out at PM Modi saying he talked about "Om and cow" keeping an eye on the assembly elections in Maharashtra and Haryana where the BJP has already kicked off its campaign. Speaking with
Ahmedabad, Sept 12: Union minister Ravi Shankar Prasad said India's first prime minister Jawaharlal Nehru was wrong and Sardar Vallabhbhai Patel, the country's first home minister, was right in handling the Jammu and Kashmir issue after Independence. Prasad was addressing a press conference here to mark the National Democratic Alliance government completing 100 days in office after being sworn in