Banks say that unless cost of funds comes down, they will not be able to reduce their lending rates. The RBI, on the other hand, argues that further rate cuts will depend upon banks reducing their rates in response to previous rate cuts. The first bi-monthly Monetary Policy Statement for
After the government’s green light to NRIs to cast their votes from abroad, the Election Commission has set up a committee of senior officers to consider whether electoral laws can be changed to empower voters who have migrated to other States within the country. The poll body is considering whether
The Prime Minister Narendra Modi, who arrived here earlier on Sunday, tweeted, “Hallo Germany! Reached Hannover a short while ago.” From the Langenhagen Airport he went straight to his hotel where several Indians enthusiastically greeted him. He shook hands with some of them as they shouted ‘Modi, Modi’ Prime Minister
Friday’s order dealt with Ms. Laxmi’s final demand for getting victims proper treatment, aftercare and rehabilitation. In an order likely to have far-reaching effects, the Supreme Court ruled on Friday that private hospitals could neither “turn away” victims of acid attack nor wash their hands of after providing first aid.