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MUMBAI: Reserve Bank of India has opened the dollar tap by taking on the currency risk itself to draw in overseas money, while nudging state-owned borrowers to look abroad for cheaper funds.RBI will not charge any premium for swapping dollars raised through foreign currency non-resident bank FCNR(B) deposits, effectively absorbing the entire forex risk and…

‘Challenge To Ensure Inclusive Participation’ NEW DELHI: India’s digital revolution has succeeded in putting mobile phones in nearly every household, but it has fallen short of delivering meaningful digital inclusion. A report has found that while 95.1% of households own a mobile device and 74.8% have access to a smartphone or internet-enabled phone, only 39.7%…

NEW DELHI: CBSE on Monday defended the functioning of its post-result services portal, stating that more than 1.6 lakh candidates had submitted requests for verification and re-evaluation between June 2 and June 7 (the window for the purpose), even as several questions regarding the review process and the ongoing On-Screen Marking (OSM) controversy remain unanswered.In…

KOLKATA/NEW DELHI: Trinamool Congress lurched towards its biggest rupture in 28 years Monday after rebel MP Kakoli Ghosh Dastidar claimed support of 20 MPs and wrote to Lok Sabha Speaker Om Birla seeking recognition as a separate parliamentary bloc that would back BJP-led NDA.If the numbers hold, rebels would clear the two-thirds threshold needed to…

Cricket great Kapil Dev has called for patience with Vaibhav Sooryavanshi after the 15-year-old earned his first India call-up, saying it would be unfair to place heavy expectations on him so early in his career.Sooryavanshi recently became the youngest player selected for India’s senior men’s team, surpassing Sachin Tendulkar‘s long-standing record. He has been named…

NEW DELHI: The Supreme Court was extremely disappointed on Monday to find that a man — arrested as a 28-year-old in Nov 1983 for shooting dead a person — waited for more than four decades in the Allahabad high court for a decision on his appeal against conviction and a life term awarded by a…

NEW DELHI: Mocking INDIA bloc’s allegation of “vote-chori” through SIR, the BJP on Monday accused the opposition of hypocrisy as it pointed to poll results in Tamil Nadu and Kerala, two of the states where electoral rolls were revised, and said Congress has no problem with them as they went against the governing party.“In reality,…

NEW DELHI: Buffeted by political drift and marginalisation of its key pillars, INDIA bloc on Monday decided to meet every two months to enhance cohesion in its functioning to counter the BJP onslaught. Its next meeting in Aug in Hyderabad will discuss an “organisational structure” for the common platform.Taking stock of the state of the…

NEW DELHI: Citing the changing times and acknowledging the reality that premarital sex has become common, the Supreme Court has said that being in such a relationship cannot be termed as moral turpitude to draw adverse inferences about a person’s character. The authorities must keep in mind this reality and not initiate punitive action on…

NEW DELHI: Noting that a delay in declaring results may derail the process of admission of students in West Asian countries to colleges, the Supreme Court on Monday directed Central Board of Secondary Education (CBSE) to take effective steps to announce Class XII Improvement Examination results at the earliest and asked it to present a…