RBI stated that while it has directed banks not to charge excessive rates of interest, it does not directly regulate the rates charged by banks

Supreme Court, SC

The government on Friday announced an increase in the minimum support price (MSP) for copra by up to Rs 420 to Rs 12,100 per quintal for 2025 with a budget outlay of Rs 855 crore.
A decision in this regard was taken by the Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi.
The MSP for 'milling copra' has been increased by Rs 420 to Rs 11,582 per quintal, while for 'ball copra' by Rs 100 to Rs 12,100 per quintal for 2025, Information and Broadcasting Minister Ashwini Vaishnaw told reporters.
The total financial implication would be Rs 855 crore.
Cooperative agencies Nafed and NCCF will be the central nodal agencies for the procurement of copra, he added.

Ashwini Vaishnaw, Ashwini, Vaishnaw

December marked the second policy review meeting for the external members, who have a fixed four-year term

Inflation, Vegetables, Fruits, Budget 2024

IPO-bound overseas education loan company Credila suspected fraud during the September quarter

Fraud, Online scam,scam

The benchmark 10-year bond yield ended at 6.7465 per cent, compared with the previous close of 6.7588 per cent

Bond yields slide as reports tout progress in global listing of Indian debt

Government bonds, bond yield

Speaking to broadcasters Star Sports, Gavaskar compared Ashwin's decision to MS Dhoni's mid-series retirement in 2014-15

Sunil Gavaskar on Ashwin's retirement

Prime Minister Narendra Modi on Wednesday condoled the loss of lives in a boat accident off the Mumbai coast and announced an ex-gratia of Rs 2 lakh for the next of kin of each deceased.
Thirteen persons died and 99 others were rescued after a Navy craft crashed into a ferry off the Mumbai coast on Wednesday, the Navy said.
At about 4 pm, a Navy craft undergoing engine trials lost control and collided with passenger ferry Neel Kamal off Karanja near Mumbai, the Navy said in a statement. The ferry was carrying passengers from the Gateway of India to Elephanta Island, a popular tourist destination.
"The boat mishap in Mumbai is saddening. Condolences to the bereaved families. I pray that the injured recover soon. Those affected are being assisted by the authorities," Modi was quoted as saying by his office in a post on X.
"The Prime Minister has announced an ex-gratia of Rs 2 lakh from PMNRF for the next of kin of each deceased in the boat mishap in Mumbai. The injured would be given

Modi, Narendra Modi

The Trump administration has earmarked clearly three areas on the basis of which it will determine trade negotiations. One clearly is to look at ways to reducing its trade deficit with some countries

trade deficit

Fugitive liquor baron Vijay Mallya questions excess recovery claims, seeks relief from authorities

Indian businessman Vijay Mallya leaves the Royal Courts of Justice in London, Britain February 11, 2020. (REUTERS/File Photo)

The Congress on Saturday hit out at the Election Commission for tweaking an election rule to prevent public inspection of certain electronic documents such as CCTV camera and webcasting footage, asking why the poll panel was afraid of transparency.
Congress general secretary in-charge communications Jairam Ramesh said the party would legally challenge amendment.
"If there was ever a vindication of our assertions regarding the rapidly eroding integrity of the electoral process managed by the Election Commission of India (ECI) in recent times, this is it," Ramesh said in a post on X.
Sharing a December 20 notification, the Congress leader said, "This move of the ECI will be challenged legally right away."
The government has tweaked an election rule to prevent public inspection of certain electronic documents such as CCTV camera and webcasting footage as well as video recordings of candidates to prevent their misuse.
Based on the recommendation of the poll panel, the Union law minist

Jairam Ramesh, Jairam

The number of domestic migrants is estimated to have lowered by around 12 per cent to 40.20 crore between 2011 and 2023, indicating increased economic opportunities across the country, said a report by prime minister's economic advisory panel EAC-PM.
According to a working paper by the Economic Advisory Council to the Prime Minister (EAC-PM), the number of domestic migrants stood at 40,20,90,396 in 2023, which was 11.78 per cent lower compared to the figure registered as per Census 2011.
The paper titled '400 Million Dreams! Examining volume and directions of domestic migration in India using novel high frequency data', said as per Census 2011, the total number of migrants stood at 45,57,87,621.
"Overall domestic migration in India is slowing. We estimate the overall number of migrants in the country, as of 2023, to be 40,20,90,396. This is about 11.78 per cent lower as compared to the number of migrants enumerated as per Census 2011 (45,57,87,621)," it said.
Consequently, the pape

Indians, Immigrants

By claiming ill-treatment of party leader and MLC CT Ravi by police post his arrest, the BJP was attempting to deviate public attention from the original issue of him allegedly using derogatory language against a woman minister, Karnataka Deputy Chief Minister D K Shivakumar alleged on Saturday.
Highlighting that conscience was important, he hit out at the BJP leadership in the state for supporting Ravi, who was arrested for making a derogatory comment against state minister Laxmi Hebbalkar.
"...ask them (BJP) if what he (Ravi) said was right or not. Let's discuss other things later. This shows the culture of their party and leader...what happened in the court is left to him (Ravi) and the police and the crime he committed. The main issue is his language and his culture," Shivakumar told reporters here in response to a question on the High Court ordering Ravi's release on Friday.
Alleging that Ravi has used derogatory language against several people in the past, the deputy CM said h

D K Shivakumar,  Shivakumar

The rating agency's arm said that India's recent consumer price inflation at around 5 per cent was without clear evidence of a trend towards slowing price pressures

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said

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Why is ECI afraid of transparency, asks Cong after election rule tweak

Number of domestic migrants drops by 12% to 402 mn since 2011: EAC-PM

BJP diverting public attention with CT Ravi ill-treatment claim: Shivakumar

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Supreme Court removes 30% interest cap on late credit card bill payments

Cabinet hikes copra MSP by upto Rs 420 to Rs 12,100 per quintal for 2025

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