India

Jun 14: For four years, India has battled the suspicion that its new and improved GDP series is a rose-tinted view of reality. Now that Narendra Modi is prime minister for a second term, he must see that battle for what it is: a lost cause. Unlike harmless advertising puffery around a toothpaste that kills 99.9% of germs, the narrative of 7% growth has done real damage. This week, a top former

Kolkata, Jun 14: West Bengal Chief Minister Mamata Banerjee on Thursday accused the protesting junior doctors of Kolkata's SSKM Hospital of verbally abusing her during her visit. Mamata Banerjee was at the state-run hospital in the afternoon to take stock of the situation in the wake of disruption of medical services across the state. She said there were outsiders present among the agitating SSKM

New Delhi, Jun 13: A day after Arvind Subramanian's sensational disclosure that India's GDP has been overestimated by an astronomical 2.5 percentage points between 2011-12 and 2016-17 which immediately attracted a strong reaction from the government, the Prime Minister's Economic Advisory Council came to the Centre's defence, saying that proper methodology was followed and that experts were

New Delhi, Jun 13: Rahul Gandhi had offered to quit as the party chief during a May 25 CWC meeting Rahul Gandhi was, is and will remain the Congress president, chief spokesperson of the party Randeep Surjewala said on Wednesday, ending the speculation triggered by Gandhi’s insistence to quit the post for the time being. Surjewala’s assertion came after an informal meeting presided by former Union

New Delhi, Jun 13: The Cabinet has approved the Aadhaar and Other Laws (Amendment) Bill, 2019, which establishes that no individual can be compelled to provide proof of Aadhaar number unless provided by law, and the Aadhaar number on voluntary basis shall be accepted as KYC document. The Bill replaces Aadhaar and Other Laws (Amendment) Ordinance, 2019, and it will be introduced in the scheduled

Bishkek, Jun 13: Prime Minister Narendra Modi on Thursday arrived here in the Kyrgyz capital for the Shanghai Cooperation Organisation (SCO) summit, the first multilateral engagement post his re-election. Modi, in a statement before his two-day visit to Bishkek from June 13-14, said that on the sidelines of the SCO Summit, he also plans to meet several leaders, including Russian President Vladimir

New Delhi, Jun 13: Reach office on time and avoid working from home to set an example for others -- these were some of the instructions Prime Minister Narendra Modi gave to the council of ministers on Wednesday. In the first meeting of the council of ministers after the Modi-led dispensation assumed charge last month, the prime minister also asked senior ministers to hand-hold the new incumbents

Raebareli, Jun 13: Congress general secretary Priyanka Gandhi Vadra on Wednesday reprimanded Congress workers for not giving their best to make sure the party won the Lok Sabha polls resulting into a humiliating defeat in the state. "I did not want to deliver any speech here but since I have been made to speak, let me speak the truth. The truth is that this election was won with the help of Sonia

New Delhi, Jun 12: Of over 50,000 frauds that hit banks in India in the last 11 fiscal years, the ICICI Bank, State Bank of India (SBI) and HDFC Bank reported highest number of cases, according to an RBI data. Of the total 53,334 cases of frauds reported during 2008-09 and 2018-19 fiscal years, involving a whopping Rs 2.05 lakh crore, a highest of 6,811 were reported by the ICICI Bank involving Rs

New Delhi, Jun 12: The government on Tuesday rebutted former Chief Economic Adviser Arvind Subramanian's contention regarding over-estimation of the Gross Domestic Product (GDP) data and stated that proper methodology was followed in calculating the country's overall economic growth estimates. "The GDP estimates released by the ministry are based on accepted procedures, methodologies and available