Daily Archives: November 20, 2018

Sirisena’s all-party meet proves inconclusive

An all-party conference convened by President Maithripala Sirisena on Sunday ended without an agreement, prolonging the political crisis that has gripped Sri Lanka for over three weeks. Mr. Sirisena called for a meeting of all party representatives on Sunday, in the wake of a political deadlock following a no-confidence motion …

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We need our own BRI, says British MP

The U.K. is “concerned” at certain aspects of China’s Belt and Road Initiative (BRI) and is keen to work with countries like India and Australia so that everyone gets the opportunity for “our own belts and our own roads” and not just one, said Tom Tugendhat, MP and Chair of …

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Govt. directions to RBI under Sec. 7 unlikely

To meet the government halfway, the RBI may take some steps to boost loans to the MSME sector that had been badly hit by the demonetisation exercise, and which the government is keen to support in an election year. However, it is to be seen how much RBI can do, …

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Quota for Marathas approved

Socially and Educationally Backward Class category created for the purpose The Maharashtra Cabinet on Sunday cleared the decision to extend reservation to the Maratha community by creating a new category called Socially and Educationally Backward Class (SEBC) on the recommendations of the State Backward Class Commission. Chief Minister Devendra Fadnavis …

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J&K all set for President’s rule

Governor’s rule, imposed under Section 92 for six months, expires in the State on January 19.Jammu and Kashmir Governor Satya Pal Malik said on Sunday that the State was all set for President’s rule in January as there were no plans to dissolve the Assembly yet.Since J&K has a separate …

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4.5 lakh reapply for inclusion in NRC

Pace likely to pick up before deadline ends next month; 175 applications challenging inclusion received About 4.5 lakh of the 40,07,707 people excluded from the draft National Register of Citizens in Assam have reapplied for inclusion in the list. Simultaneously, the authorities have received 175 applications challenging the inclusion of …

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Modi govt. divested twice as much as UPA

Rs. 2.1 lakh crore stake sale done in the last four years alone, data show The NDA government, led by Prime Minister Narendra Modi, accounts for a whopping 58% of all the disinvestment that has taken place since 1991, an analysis by The Hindu of data released by the Department …

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Govt. directions to RBI under Section 7 unlikely

Easing of PCA framework on the cards at board meeting The Union government may not invoke Section 7 of the RBI Act to issue directions to the central bank, in a bid to reduce the tension between North Block and Mint Road, sources privy to the government’s thinking told The …

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