Name: RBI needs to be more independent: Dy Governor
Uploaded: 2018-10-27T09:42:49.fff+05:30
Duration: T00M21S
Channel: editorji
Description: The RBI needs to be more independent to improve macroeconomic stability, its deputy governor, Viral Acharya, said on Friday. Acharya warned that undermining a central bank's independence could be "potentially catastrophic". His comments come amid government efforts to create a separate regulator for the country's payments system - which is currently handled by the RBI

The RBI needs to be more independent to improve macroeconomic stability, its deputy governor, Viral Acharya, said on Friday. Acharya warned that undermining a central b

RBI needs to be more independent: Dy Governor

The RBI needs to be more independent to improve macroeconomic stability, its deputy governor, Viral Acharya, said on Friday. Acharya warned that undermining a central bank's independence could be "potentially catastrophic". His comments come amid government efforts to create a separate regulator for the country's payments system - which is currently handled by the RBI

Protesting farmers blocked the Kundli-Manesar-Palwal (KMP) Expressway at Haryana’s Palwal toll plaza on Saturday to mark 100 days of the farmers’ protests.

Protesting farmers blocked the Kundli-Manesar-Palwal (KMP) Expressway at Haryana&rsquo;s Palwal toll plaza on Saturday to mark 100 days of the farmers&rsquo; protests. The tricolour was seen fluttering on tractors, along with loud protest songs and speeches.
Farmers blocked the Palwal toll plaza on the six-lane expressway by squatting on the road in the scorching heat. Security has been now heightened in the area.
Palwal toll plaza, almost 85 km from Delhi, marks the start of the 136-km expressway which ends at Kundli. Farmers will block the way from till evening.
The farmers&rsquo; agitation against the three agricultural laws, begun on November 26. In these 100 days, the farmers have braved harsh weather conditions, but remained firm on their demands. Thousands of farmers, mostly from Punjab, Haryana and western Uttar Pradesh, have been camping at the Delhi border points &mdash; Singhu, Tikri and Ghazipur to demand a complete repeal of laws, enacted in September, last year.

The Delhi Government on Saturday approved the formation of the Delhi Board of School Education making Delhi to have its own school board like other states. Chief Minist

The Delhi Government on Saturday approved the formation of the Delhi Board of School Education (DBSE). Delhi will have its own school education board like other states, Chief Minister Arvind Kejriwal announced on Friday. Kejriwal said that Delhi has at least 1,000 government and 1,700 private schools affiliated to CBSE, of which 20-25 schools will be taken under the Delhi Board.&nbsp;The Board will bring in best international practices and high-end techniques in school education, the Chief Minister said. It will aim at imparting such education that prepares "fiercely patriotic" and self-dependent students.
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Former Union Minister and ex-TMC leader Dinesh Trivedi joined the BJP on Saturday in the presence of BJP chief JP Nadda at BJP headquarters in New Delhi. Dinesh Trived

Former Union Minister and ex-TMC leader Dinesh Trivedi joined the BJP on Saturday in the presence of BJP chief JP Nadda at BJP headquarters in New Delhi.
Dinesh Trivedi had resigned as TMC MP in Rajya Sabha on February 12. Trivedi left the Mamata Banerjee-led party saying he felt suffocated. He also alleged that the party was "no longer in hands of" its chief Mamata Banerjee.
Dinesh Trivedi's resignation came two days after he had endorsed Prime Minister Modi's speech in Lok Sabha in which he called for a key role in the private sector. He had also applauded the BJP-led Centre saying the country is under the best leadership.
Trivedi, who represented West Bengal in Rajya Sabha for the third time and was a former railway minister.

With the West Bengal elections just a few days away, PM Modi on Thursday held one-on-one meetings with senior leaders at the BJP headquarters to understand the on groun

With the West Bengal elections just a few days away, PM Modi on Thursday held one-on-one meetings with senior leaders at the BJP headquarters to understand the on ground situation in Bengal. Reports say he also urged his party colleagues to see to it that the BJP does not indulge in name-calling or abuses and keeps the campaign positive.
Reports quoting senior BJP leaders said, the PM asked them not to indulge in negativity to counter the diatribe against the party and its leaders from the ruling TMC. PM Modi reportedly asked BJP leaders to ensure that the party's campaign is civilised.

Six BJP workers suffered injuries after some miscreants hurled crude bombs at them in West Bengal’s South 24 Parganas district. Two of them are in a critical cond

Six BJP workers suffered injuries after some miscreants hurled crude bombs at them in West Bengal&rsquo;s South 24 Parganas district. Two of them are in a critical condition.
On Friday night, miscreants threw crude bombs at the group while they were returning from a wedding. The injured have been rushed to the hospital for further treatment.&nbsp;
The injured BJP workers have claimed that Trinamool Congress workers were behind the bomb attack.&nbsp;Police have started an investigation into the incident.&nbsp;

The flooding in the Dhauli Ganga, Rishi Ganga and Alaknanda rivers, which left at least 70 people dead and 125 missing, was caused by a massive rockslide, acc

The flooding in the Dhauli Ganga, Rishi Ganga and Alaknanda rivers,&nbsp;which&nbsp;left at least 70 people dead and 125 missing, was caused by a massive rockslide, according to&nbsp;scientific findings released on Friday by International Centre for Integrated Mountain Development (ICIMOD).
According to the report the rockslide&nbsp;and the energy of the fall melted the ice creating the source of flood.&nbsp;The&nbsp;findings said the energy of the fall of about '22 million cubic metres of rock mixed with ice and snow'&nbsp;remobilised the debris and ice on the valley floor deposited by previous events, and pushed the stream water and created an excessive flood wave'.
A bridge was built over Rishiganga to restore connectivity to 13 villages of Uttarakhand&rsquo;s Chamoli district which had been cut off after a bridge was washed out in the floods on February 7.
The construction of the bridge began on February 25 and it was scheduled to be completed by March 20 but the Border Roads Organisation (BRO) worked overtime to complete it well before schedule.

India's Covid-19 tally rose to 1,11,92,088 with over 18,000 fresh cases being reported in a span of 24 hours in the country after 36 days. Active cases registered an i

India's Covid-19 tally rose to 1,11,92,088 with over 18,000 fresh cases being reported in a span of 24 hours in the country after 36 days.
Active cases registered an increase for the fourth consecutive day on Saturday and were recorded at 1,80,304, according to the Union Health Ministry.
The death toll reached 1,57,656 with 108 more fatalities, while a total of 18,327 new cases were registered in a day.
The national Covid-19 recovery rate stands at 96.98%, while the case fatality rate stands at 1.41%.

The Election Commission has asked the Union government to stop using Prime Minister Narendra Modi’s photo on Covid-19 vaccination certificates in states headed to

The Election Commission has asked the Union government to stop using Prime Minister Narendra Modi&rsquo;s photo on Covid-19 vaccination certificates in states headed to Assembly elections. The poll panel's order came on a complaint by the Trinamool Congress earlier this week.
The EC wrote to the Health Ministry on Friday reiterating its standing instructions against promoting the party in power through government means when the Model Code of Conduct was in force.
The Ministry was instructed to implement the instructions with regard to the vaccination certificates being distributed in poll-bound states West Bengal, Assam, Kerala, Tamil Nadu, and Puducherry.
The EC&rsquo;s decision came after the Health Ministry, in its reply to the panel, said the vaccination drive was an ongoing government initiative that had started much before the Model Code of Conduct came into force a week ago.
The Health Ministry will now have to update its software to introduce a filter that would mask the PM&rsquo;s picture on the certificate, say reports.

The Freedom House report which downgraded India's status to "partly free" is misleading, incorrect and misplaced, the centre said in a statement on Friday. Titled 'Demo

The Freedom House report which downgraded India's status to "partly free" is misleading, incorrect and misplaced, the centre said in a statement on Friday. Titled 'Democracy Under Siege', the report was compiled by US-based democracy watchdog Freedom House.
The Ministry of Information and Broadcasting said many states in India are ruled by parties other than the one at the national level which shows India's federal structure. It went on to add that the parties are voted to power through an election process that is free and fair and conducted by an independent election body.
Responding to allegations of crackdown on dissent in the Freedom House report, the I&amp;B Ministry said the Indian Constitution provides for freedom of expression under Article 19. Discussion, debate and dissent are part of Indian democracy, the Centre added.
Rebutting a claim in the report that suggested discriminatory policies against Muslims in the context of the North East Delhi riots, the Centre said it treats all its citizens with equality as enshrined under the Constitution.

Ahead of the upcoming Assam assembly polls, the BJP announced on Friday its decision to field Chief Minister Sarbananda Sonowal from Majuli and Himanta Biswa Sarma from

Ahead of the upcoming Assam assembly polls, the BJP announced on Friday its decision to field Chief Minister Sarbananda Sonowal from Majuli and Himanta Biswa Sarma from Jalukbari. The BJP will contest the upcoming Assam polls along with its two allies, the Asom Gana Parishad (AGP) and the United People's Party Liberal (UPPL). The BJP released a list of 70 candidates for Assam polls that will be held in thress phases between March 27 and April 6. The result will be declared on May 2.

Commenting on income tax raids on Bollywood actor Taapsee Pannu and filmmaker Anurag Kashyap, Finance Minister Nirmala Sitharaman on Friday said the same persons were r

Commenting on income tax raids on Bollywood actor Taapsee Pannu and filmmaker Anurag Kashyap, Finance Minister Nirmala Sitharaman on Friday said the same persons were raided in 2013 as well, but it wasn't turned into a big issue back then as it is being done now. The finance minister however did not talk about the outcome of the 2013 raids and if any follow-up action was taken in the last seven years. Refusing to comment on individual cases, she said it is in the national interest to know if some evasion is happening. The Shiv&nbsp;Sena&nbsp;on the the other hand said that the&nbsp;raids&nbsp;are a part of Centre's political vendetta against people who dare to speak out.&nbsp;The Income Tax Department on March 3 began raids on the homes and offices of Taapsee Pannu and Anurag Kashyap as well as his partners, who launched the now-shuttered production house Phantom Films.

India reported as many as 16,838 fresh Covid-19 cases in the last 24 hours, taking the total number of infections in the country to 1,11,73,761 on Friday. Six states-&n

India reported as many as 16,838 fresh Covid-19 cases in the last 24 hours, taking the total number of infections in the country to 1,11,73,761 on Friday. Six states-&nbsp;&nbsp;Maharashtra, Punjab, Haryana, Gujarat, Madhya Pradesh and Delhi continue to account for 84.44 per cent of the total cases, the government said on Friday.
Maharashtra continues to be the most affected with 10,216 new cases of coronavirus in the last 24 hours. Punjab reported more than 1,000 cases for the first time since November 15. Delhi recorded 312 fresh COVID-19 cases, the highest in nearly 1.5 months.&nbsp;
Delhi Lieutenant Governor Anil Baijal chaired a meeting of the Delhi Disaster Management Authority Friday and directed authorities to continue with the existing strategy against Covid-19, including cluster-based surveillance, testing and genome sequencing owing to the rise in the number of cases in the country.

Veteran Congress leader Ghulam Nabi Azad said on Friday that a victory for the grand old party in the upcoming state elections was a priority. "I will be camp

Veteran Congress leader Ghulam Nabi Azad&nbsp;said on Friday that a victory for the grand old party in the upcoming state elections was a priority.&nbsp; Azad&nbsp;said he will&nbsp; campaign&nbsp;wherever he will be invited to by the Congress party or by any individual. Former Rajya Sabha member and senior Congress leader&nbsp;has been in news&nbsp; lately after he heaped praise on Prime Minister Narendra Modi for being connected to his roots.&nbsp;

The Defence Research and Development Organisation (DRDO) on Friday successfully conducted a flight test of solid fuel ducted ramjet(SFDR) technology from a test range i

The Defence Research and Development Organisation (DRDO) on Friday successfully conducted a flight test of solid fuel ducted ramjet(SFDR) technology from a test range in Odisha. The successful demonstration of SFDR technology has provided DRDO the technological advantage which will enable it to develop long range air-to-air missiles. Defence Minister Rajnath Singh and DRDO chairman G Satheesh Reddy congratulated the scientists, Indian Air Force and the industry on the successful flight test of SFDR

India on Friday said it expects China to work with it through existing bilateral consultation mechanisms between their diplomats and military commanders to ensure early

India on Friday said it expects China to work with it through existing bilateral consultation mechanisms between their diplomats and military commanders to ensure early completion of the disengagement process in the remaining areas in eastern Ladakh. The statement comes days after the armies of the two countries concluded withdrawal of troops and weapons from the north and south banks of the Pangong lake. External Affairs Minister S Jaishankar told his Chinese counterpart Wang Yi that once disengagement is completed at all friction points, then the two sides could also look at broader de-escalation of troops in the area and work towards restoration of peace and tranquillity.

The Enforcement Directorate on Friday summoned former chief minister of Jammu and Kashmir, Mehbooba Mufti, in a money laundering case. The ED has summoned the president

The Enforcement Directorate on Friday summoned former chief minister of Jammu and Kashmir, Mehbooba Mufti, in a money laundering case. The ED has summoned the president of the People&rsquo;s Democratic Party (PDP) on 15 March. Mufti, who is critical of the government's move to scrap&nbsp;special status to Jammu and Kashmir, was released in October last year&nbsp;after being detained by the government for nearly 14 months.

Hiren Mansukh, owner of the vehicle with explosives which had been found parked near industrialist Mukesh Ambani's residence last week, was found dead in a creek in nei

Hiren Mansukh, owner of the vehicle with explosives which had been found parked near industrialist Mukesh Ambani's residence last week, was found dead in a creek in neighboring Thane on Friday, police said. The 45-year-old had gone missing on Thursday night. Thane&nbsp;DCP&nbsp;said that Mansukh&nbsp;died by suicide and the police have registered an Accidental Death Report.&nbsp;
Maharashtra Opposition leader Devendra&nbsp;Fadnavis&nbsp;has called the matter 'suspicious' and&nbsp;asked for the case to be handed over to NIA. He had spoken about giving protection to&nbsp;Mansukh&nbsp;earlier in the day fearing danger to his life.&nbsp;
Mansukh's Scorpio with gelatin sticks inside was found near&nbsp;Ambani's multi-storey residence in South Mumbai, on February 25. According&nbsp;to&nbsp;the police it had been stolen on February 18.

In a meeting of the Samyukt Kisan Morcha on Tuesday it was decided that farmers will block Kundli–Manesar–Palwal Expressway at different points fo

In a meeting of the Samyukt Kisan Morcha&nbsp;on Tuesday&nbsp;it was decided that farmers will block Kundli&ndash;Manesar&ndash;Palwal Expressway at different points for five hours between 11 am &amp; 4 pm on Saturday as the farmers' protest enters day 100.&nbsp;Tens of thousands of farmers have camped outside Delhi since end November demanding Prime Minister Narendra Modi repeal three contentious farm laws.&nbsp;On Womens' Day on March 8, women protesters will lead the protest at Delhi borders and other places across the country. Further, on March 15 farmers will join labourers &amp; employees in protest against privatisation and corporatization.&nbsp;Spokesperson of the Bharatiya Kisan Union,&nbsp;Rakesh Tikait said that till the government does not listen, the movement will continue like this.

India's one of the top-notch colleges, Miranda House is planning to start a three-month certificate programme for training young women interested in joining p

One of India's best colleges, Miranda House is planning to start a three-month certificate programme for training young women interested in joining politics at the state and national level. Principal Bijayalaxmi&nbsp;Nanda&nbsp;said that the college will begin a pilot course in April and it will be offered to&nbsp;interested students from the next academic session.
'The programme will focus on training and capacity-building of young women at all levels from gram panchayat to urban municipal bodies,' Principal&nbsp;said in a statement.

For the first time, junior commissioned officers (JCOs) and jawans will take part in India’s top military conference to be addressed by PM Narendra Modi.

For the first time, junior commissioned officers (JCOs) and jawans will take part in India&rsquo;s top military conference to be addressed by Prime Minister Narendra Modi.
So far, only the topmost brass of the three services - Army, Navy and Air Force was allowed to participate in this conference. The Combined Commanders' Conference is being held in Gujarat's Kevadia&nbsp;over the weekend.
All eyes would be on the chief of Defence Staff Gen Bipin Rawat' briefing which is likely to include developments regarding formation of new tri-services commands.

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