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The point to note about the Reserve Bank’s new credit policy announcement today is that it has virtually adopted the Urjit Patel Committee recommendations on monetary policy making.

Reserve Bank Governor Dr Raghuram Rajan has again belied expectations, this time with a repo rate hike of 25 basis points, instead of a pause, to push the key lending rate to 8 per cent, in the context of both WPI and retail core inflation (excluding food and fuel) remaining high while aggregate demand pressures are imparting upside risk to overall inflation.

It is a classic case of how the dubious designs of a government can be frustrated by the sheer pressure public opinion.

BHOPAL: Congress Vice-President Rahul Gandhi, during his visit to Bhopal on 20 January, interacted with 230 women drawn from various parts of the country. The meeting was organised by the women's wing of the All India Congress Committee, which is headed by Shobha Oza of Madhya Pradesh.

Somnath Bharti not only suspects that at least some Africans are drug-peddlers and prostitutes, he also thinks that a section of the media is on Narendra Modi’s payroll. Manish Sisodia, on the other hand, advised journalists not to act as spokespersons of the police when questioning Bharti on his mission to cleanse Khirki, a suburb of Delhi, of wrong-doers.

Throughout the world T.B has been recognized as a dangerous disease. Although disease exhibits its direct relation with poverty and malnourishment but social inequalities make it more severe. In such conditions, women facing social inequalities are more prone to TB. After becoming TB patient, women are already facing humiliation of social discrimination, forced to tolerate the soreness of exclusion. If women are found suffering from TB, the chances to get family support for treatment and mental well being are comparatively much lesser in comparison to men.

LUCKNOW: The manner in which Uttar Pradesh chief minister Akhilesh Yadav promoted two ministers of state to cabinet rank has made it clear that Samajwadi Party wants to put up big challenge in Amethi and Rae Bareili, which are considered to be pocket boroughs of Gandhi family.

Why is Congress president Sonia Gandhi suddenly lobbying for higher gold import into India? If her reported letter to Commerce Minister Anand Sharma seeking relaxation in import duties on gold is true, it goes totally against the interest of the nation. Indian economy has been reeling under the burden of an unprecedented increase in gold imports since 2010, making a laughing stock of this poor country as it emerged the world’s largest gold importer and consumer.

New Delhi: The visiting Japanese Prime Minister and the Chief Guest at India’s Republic Day parade Shinzo Abe and his wife Akie Abe could not view the portrait of country’s strike missile Agni-V which has a range of 5,000 miles as it was not on display on the occasion.

New Delhi: India and Japan signed a joint statement to further intensify their Strategic and global Partnership, particularly in relations to defence and security.