Tag: thellv

  • RBI Governor Shaktikanta Das: Future in Doubt as Term Ends Soon”

    RBI Governor Shaktikanta Das: Future in Doubt as Term Ends Soon”

    Shaktikanta Das, the Governor of the Reserve Bank of India (RBI), stayed quiet about whether he will continue in his job after December 10, 2023. When asked about it during a recent press conference, he said, “I am not giving you any headlines.” People are guessing that the government might ask him to stay on for a third time. If this happens, he would become the longest-serving RBI Governor since the 1960s.

    Das began his time as RBI Governor in December 2018 and has already worked longer than the usual five-year term most governors have had in the last few years. If his term is extended, he will also have worked longer than Benegal Rama Rau, who served for 7.5 years from 1949-1957.

    Before joining the RBI, Das held important roles in Prime Minister Narendra Modi’s government. He helped manage a tricky time when the government and the RBI did not always agree.

    Sources told Reuters that right now, no selection committee is looking for a new governor and that Das is likely to get another year in the role. However, the government has not made any official announcement yet.

  • Congress Backs Farmers’ Protests: Key Demands & Ongoing Struggles”

    Congress Backs Farmers’ Protests: Key Demands & Ongoing Struggles”

    On Friday, the Congress party showed strong support for farmers and their ongoing protests. The farmers are marching from their protest site at Shambhu border, between Punjab and Haryana, to Delhi. This comes after Vice President Jagdeep Dhankhar spoke out about farmers’ issues at a ceremony in Mumbai. He asked why promises made to farmers were not kept and what should be done to fulfill these promises.

    Jairam Ramesh, the Congress leader, stated that the Vice President’s remarks have given a big boost to the farmers’ movement. He said farmers are demanding several things, including:

    1. A legal promise for Minimum Support Price (MSP) for their crops.
    2. Setting MSP at 1.5 times the calculation of growing costs, based on recommendations from the MS Swaminathan Commission.
    3. One-time debt relief for farmers, similar to how banks have written off huge amounts owed by private companies.
    4. Decisions on importing and exporting farm goods must involve farmers’ opinions, through an independent agency.
    5. A restructuring of the PM Fasal Bima Yojana to truly support farmers.

    Ramesh also reminded people that the Congress party has promised similar support before the elections. Farmers want a legal guarantee for MSP, especially as they march towards Parliament.

    To prepare for the protesters, security forces have been heavily deployed at the Haryana border. The Ambala district has restricted gatherings of five or more people to maintain order. The farmers are organized under groups like Samyukta Kisan Morcha and Kisan Mazdoor Morcha. They have been at the Shambhu and Khanauri border areas since February 13, after police stopped their march to Delhi last year.

    In addition to the MSP demand, farmers want debt waivers, pensions for themselves and farm workers, no increase in electricity rates, the dropping of police charges against them, and justice for victims of violence in 2021. They also want changes to the Land Acquisition Act of 2013 and compensation for families of farmers who died in past protests

  • Nitin Gadkari Warns About Delhi’s Pollution Crisis Effecting Health

    Nitin Gadkari Warns About Delhi’s Pollution Crisis Effecting Health

    Union Minister Nitin Gadkari recently shared his worries about Delhi’s high pollution levels, saying that it impacts his health and makes him think twice about visiting the city. At an event in New Delhi, Gadkari, who is a senior leader of the Bharatiya Janata Party and represents Nagpur, expressed that the bad air quality is a major reason why many people choose to stay away from Delhi.

    “I often wonder if I should come to Delhi,” Gadkari said in Hindi. “The pollution is really terrible.” He explained that the polluted air makes him sick, prompting him to practice yoga for two hours before arriving in the capital.

    Along with discussing how India depends too much on fossil fuels, Gadkari suggested that the country should switch to alternative energy sources to tackle pollution. “By using alternative fuels, we can decrease our imports of fossil fuels,” he stated, noting that India spends a massive ₹22 lakh crore every year on imported fossil fuels.

    Interestingly, Gadkari’s remarks came during a time when Delhi’s air quality had slightly improved, with an Air Quality Index (AQI) dropping to the “moderate” category of 165, down from 178 the previous day. In response to this change, the government also eased some pollution control measures.

    Despite this improvement, many civil groups are still worried about the pollution crisis in Delhi. A petition was introduced in Parliament, urging members to address what activists called a serious environmental and public health emergency.

    The petition highlighted that Delhi’s air quality has been rated as “poor” or “very poor” since September. It also pointed out the frightening statistics: air pollution causes 1.7 million deaths in India every year and can decrease life expectancy by about 3.57 years across the country and as much as 12 years in Delhi.

  • AAP Member Avadh Ojha’s Interview Stopped Over Controversial Question

    AAP Member Avadh Ojha’s Interview Stopped Over Controversial Question

    A recent interview by BBC Hindi with Avadh Ojha, a new member of the Aam Aadmi Party (AAP) and a well-known educator, was unexpectedly stopped at the party’s office in Delhi. Ojha, who has taught in classrooms and now coaches students on YouTube, joined AAP after rumors of him joining BJP or Congress, and after both parties did not give him Lok Sabha tickets.

    The interview got tense when BBC reporter Anshul Singh asked Ojha if he would keep praising BJP leader Yogi Adityanath and Congress leader Rahul Gandhi, since they are rivals of AAP. Ojha, who often admires different leaders in his videos, said it’s good to recognize others’ successes, just like famous cricketer Sachin Tendulkar praised Brian Lara.

    However, an AAP member interrupted, saying, “I had told you not to ask any strange questions. Stop this.” Singh insisted he was just asking a normal question. When Singh asked Ojha if he found the question inappropriate, Ojha answered, “Look, the party will decide what to say. This is what they will decide.” He then took off his microphone, ending the interview.

    In a description of the video shared on YouTube, BBC News Hindi claimed that AAP officials stopped the recording and did not let the conversation finish.

  • Keira Knightley Opens Up About the Harsh Reality of Fame

    Keira Knightley Opens Up About the Harsh Reality of Fame

    In a recent interview, British actress Keira Knightley talked about her experience with sudden fame when she was a young woman. After starring in the popular movie “Bend It Like Beckham,” she became famous worldwide for her role as Elizabeth Swann in the “Pirates of the Caribbean” films. However, this fame came with challenges. Knightley shared that being famous at such a young age made her feel like her privacy was taken away, and it was very hard to deal with all the attention.

    She explained that during her teenage years, she faced a lot of strange situations, including being stalked by men. “It was tough to be watched under a microscope when you are still growing up,” she said. Knightley admitted that even though fame helped her build a stable life and career, it was not easy. She described the atmosphere around her as “violent” and “misogynistic,” saying that some people made her feel like she wanted bad things to happen to her.

    Today, she worries about the impact of social media on young girls, explaining that fame often leads to public shame, which can be really hard to handle. Knightley’s latest project is “Black Doves,” a spy thriller series that came out on Netflix this month.

  • RBI’s Shaktikanta Das: Key Insights on Growth and Inflation Explained

    RBI’s Shaktikanta Das: Key Insights on Growth and Inflation Explained

    Shaktikanta Das, the Governor of the Reserve Bank of India (RBI), recently shared his thoughts about the economy. Here are important things he mentioned:

    1. Growth is Important: Das said that the RBI is really focused on helping the economy grow, especially after tough times like the pandemic.

    2. Inflation Needs Attention: Even though growth is vital, prices of things (inflation) are also a concern. The RBI wants to make sure prices do not go up too much.

    3. Global Issues: There are problems worldwide, like rising prices in oil and food. These affect India too. The RBI is watching how these issues influence our economy.

    4. Future of the Pandemic: The economic impacts of the pandemic are still felt, and the RBI is cautious about how quickly we can recover.

    5. Support for Small Businesses: The RBI aims to support smaller businesses, as they help create jobs and strengthen the economy.

    6. Financial Stability: Ensuring that banks and financial systems are stable is a major task for the RBI.

    7. Interest Rates: Das mentioned that interest rates may need to adjust, depending on what happens with the economy. Higher rates can help control inflation, but they can also make borrowing more expensive.

    8. Taking Steps Wisely: The RBI will make decisions carefully to boost growth while keeping an eye on prices and global events.

    9. Future Challenges: There are still challenges ahead, and the RBI is prepared to face them while supporting economic growth.

    10. Hope for Recovery: Overall, Das feels hopeful about the future of the Indian economy and believes that with the right steps, growth can return.

  • Health Scare at Galaxy Theatre During Pushpa 2 Screening: Police Investigate

    Health Scare at Galaxy Theatre During Pushpa 2 Screening: Police Investigate

    Mumbai Police are looking into a scary incident that happened at Galaxy Theatre in Bandra during the screening of the popular movie Pushpa 2: The Rule. Moviegoers reported that the film stopped for about 15 to 20 minutes right after the break.

    An unknown person sprayed something in the theater, which made people cough, feel sick, and even vomit. One person who watched the movie, Deen Dayal, explained, “We left for a break, and when we came back, we started coughing because of a strange smell. The show stopped for about 10 minutes, and the police came in to check on everyone.”

    Another viewer, Ramzan, added, “When we returned after the break, we started coughing, and I had to go to the bathroom to throw up. The bad smell lasted for about 10 to 15 minutes but went away when the doors were opened. The movie started again after that, and the police are still investigating.”

    In another city, Hyderabad, fans of actor Allu Arjun rushed to the Sandhya theatre to see the same film on its premiere night. Unfortunately, things got out of control, and the police had to use sticks to manage the crowd. Sadly, a woman lost her life, and a child got hurt in the chaos.

    The Deputy Commissioner of Police for Central Zone in Hyderabad said, “We have filed a case against those responsible for the stampede, based on complaints from the family of the deceased. We will take strict action according to the law.”

    Pushpa 2: The Rule is directed by Sukumar and produced by Mythri Movie Makers and Muttamsetty Media. It features Allu Arjun, Rashmika Mandanna, and Fahadh Faasil in key roles.

  • Today’s Most Traded Stocks: Gains & Losses on the NSE

    Today’s Most Traded Stocks: Gains & Losses on the NSE

    NEW DELHI: Today, many stocks are being traded on the National Stock Exchange (NSE). The top five most traded stocks are:

    – Srestha Finvest (5.64 crore shares traded)
    – Thinkink Picturez (2.23 crore shares traded)
    – Vodafone Idea (1.92 crore shares traded)
    – GTL Infra (1.71 crore shares traded)
    – JP Associates (1.53 crore shares traded)

    Other stocks like Avance Tech (1.38 crore), Cressanda Sol (0.74 crore), Mishtann Foods (0.70 crore), GI Engineering (0.68 crore), and Atreya Petro (0.64 crore) are also seeing a lot of activity.

    As of 10:39 AM on Friday, the NSE Nifty index is down 18.71 points at 24,689.7. Meanwhile, the BSE Sensex index is down 30.23 points at 81,735.63.

    However, some stocks are losing value:

    In the Nifty index, a few stocks are performing well today:

    – Bajaj Auto Ltd. (up 2.18%)
    – Bharat Petroleum Corp. Ltd. (up 1.39%)
    – Axis Bank Ltd. (up 1.16%)
    – ITC Ltd. (up 1.14%)
    – Larsen & Toubro Ltd. (up 0.84%)

    – Cipla Ltd. (down 1.09%)
    – Infosys Ltd. (down 0.75%)
    – HDFC Life Insurance Co. Ltd. (down 0.65%)
    – Tata Motors Ltd. (down 0.59%)
    – HDFC Bank Ltd. (down 0.55%)

  • Stampede at Pushpa-2 Premiere: Woman Dies, Son Hurt – Investigation Underway

    Stampede at Pushpa-2 Premiere: Woman Dies, Son Hurt – Investigation Underway

    Mogadampalli Bhaskar never thought that going to see the late-night movie “Pushpa-2: The Rule,” starring his favorite actor Allu Arjun, would turn tragic. It led to his wife, Revathi, losing her life and their son, Sritej, getting hurt.

    This unfortunate event happened at the famous Sandhya Theatre in Hyderabad late Wednesday night when many fans gathered to see Allu Arjun. The excitement turned chaotic, creating a stampede.

    Bhaskar, who is 40 years old, was heartbroken as he recalled that Revathi had once saved his life by donating her liver to him in 2023. Now, he is left grieving and currently jobless while recovering from his own health issues. They went to the movie premiere because Allu Arjun was expected to be there.

    During the chaos, Revathi was with Sritej, and Bhaskar had taken their other child, Sanvi, away to calm her down. In the stampede that followed when Allu Arjun arrived, Revathi tried to protect Sritej but sadly lost her life. Sritej passed out from suffocation and had to be rushed to a nearby hospital for help. Doctors say he is in critical condition. Bhaskar expressed his anger towards the theatre management, saying, “We want action taken against them. My son is a huge fan of Allu Arjun, and now we have lost his mother.”

    After this tragic incident, the police filed cases against Allu Arjun, his security team, and the theatre management. The Deputy Commissioner of Police (DCP) stated that they will take strict action against those responsible for what happened. He mentioned that the theatre did not inform the police about Allu Arjun’s presence, which caused the crowd to get out of control.

  • RBI Meeting: Rate Cuts and Growth Forecasts Under Scrutiny

    RBI Meeting: Rate Cuts and Growth Forecasts Under Scrutiny

    The Reserve Bank of India (RBI) will reveal its latest decisions on Friday at 10:00 am. This comes after a three-day meeting that started on December 4. For the first time in more than two years, the committee in charge of monetary policy will pay more attention to the slowing growth of the economy.

    The RBI has kept its interest rate at 6.5% for the last ten meetings. They have been careful about inflation, especially because food prices have been high, but they remain hopeful about the economy bouncing back due to good rains and expected spending on infrastructure projects. Recently, they changed their view from “removing support” to a more neutral stance on the economy.

    The central bank has a 7.2% growth forecast for the economy in the financial year 2024-25, but this has come under pressure after a big drop in growth seen in the last quarter. Some economists have lowered their growth expectations to 6%. High inflation, partly caused by changing food prices, has kept general prices at an elevated 6.2% in October. Because of this situation, the RBI may lower its growth forecast and increase its inflation expectations.

    What to Expect?
    With more people calling for interest rate cuts to help the economy, more members of the RBI committee are likely to support lowering rates. In the last meeting, one external member voted for a small cut in the interest rate, and analysts expect at least two more members to agree this time.

    The availability of money in the banking system has dropped significantly, making it likely that the RBI will lower the required reserves that banks must hold. Initially, there was about ₹4.5 trillion in September, but it has now dropped to just ₹1.2 trillion. Because of this tight situation, economists expect the RBI to take action with longer-term loans.

    The future of RBI Governor Shaktikanta Das is also important, as his term ends on December 10, and it is unclear if he will stay or be replaced.

    Outcomes from the Last Meeting
    At the last meeting on October 9, the RBI kept the interest rate at 6.5% with a majority of votes. They wanted to balance keeping prices in check while helping the economy grow. Their growth forecast stayed at 7.2% for the upcoming financial year, with predictions showing steady growth throughout.

    Inflation was projected at 4.5%, with expectations of slight increases in the coming quarters. Meanwhile, the Indian rupee has been stable compared to other currencies.

    In other news, the RBI increased limits for UPI transactions to make digital payments easier. They also introduced a new feature for account lookups to prevent mistakes in money transfers. Governor Das emphasized that banks should be careful about their financial exposures.

    Foreign investment has shown positive signs, but India’s current account deficit has widened. The RBI also allowed individuals taking floating-rate loans to avoid pre-payment penalties and is looking into new funding options for Urban Cooperative Banks.

    Finally, the RBI is launching a new system to help banks manage risks related to climate change