no-change-in-interest-rates-rbi-governor-says-may-act-on-off-policy-dates-if-inflation-does-not-mod

No change in interest rates, RBI governor says may act on off-policy dates if inflation does not mod

New Delhi, Dec 18 (ANI): Reserve Bank of India (RBI) Governor Raghuram Rajan surprised the financial markets by keeping the repo rate, or the main lending rate, unchanged at 7.75 per cent. Rajan unexpectedly kept the country's policy interest rate on hold despite calling current inflation too high, citing the prospect of easing retail prices and its concerns about the weak domestic economy. The RBI had been widely expected to lift its repo rate by 25 basis points. Dec 18, 2013
vasundhara-raje-takes-oath-as-rajasthan-chief-minister

Vasundhara Raje takes oath as Rajasthan Chief Minister

Jaipur, Dec 13 (ANI): Vasundhara Raje, who spearhead BJP's spectacular comeback to power in Rajasthan, took oath as state Chief Minister on Friday. Governor Margaret Alva administered the oath of office and secrecy to Vasundhara Raje. Top leaders of the BJP including party patriarch LK Advani, party prime ministerial candidate and Gujarat chief minister Narendra Modi, party president Rajnath Singh, Venkaiah Naidu, Nitin Gadkari, Ananth Kumar, among others attended the ceremony. The BJP returned to power in Rajasthan after five years, winning a record 162 seats and leaving the Congress bruised with just 21 members in the 200-seat legislature. Dec 16, 2013
will-reply-to-kejriwals-letter-in-two-days-shakeel-ahmed

Will reply to Kejriwal's letter in two days: Shakeel Ahmed

New Delhi, Dec 14 (ANI): Congress leader Shakeel Ahmed on Saturday said the Congress will reply to Aam Aadmi Party (AAP) chief Arvind Kejriwal's letter within the next two days, and added that the party will consider his conditions. Earlier today, Kejriwal met Lieutenant Governor Najeeb Jung and discussed the possibility of government formation in Delhi. Dec 14, 2013
pressure-builds-up-on-aap-to-form-government-and-deliver-promises

Pressure builds up on AAP to form Government and deliver promises

New Delhi, Dec 14 (ANI): Reacting to Aam Aadmi Party (AAP) chief Arvind Kejriwal's conditions for taking the support offered by the Congress, party leader Ghulam Nabi Azad on Saturday said the AAP should deliver the promises made to the people by forming the government. Delhi Congress president JP Agarwal said that the Congress party offered unconditional support so that there is no additional burden of re-elections on people of the state. Another Congress leader Jagdambika Pal said that the AAP is insulting the democratic structure of the country by not forming the government in Delhi. Earlier today, AAP chief Arvind Kejriwal met Lieutenant Governor Najeeb Jung and discussed the possibility of government formation in Delhi. Dec 14, 2013
kejriwal-meets-lg-asks-congress-bjp-to-respond-on-aaps-letter-part-1

Kejriwal meets LG; asks Congress, BJP to respond on AAP's letter - Part - 1

New Delhi, Dec 14 (ANI): Aam Aadmi Party convener Arvind Kejriwal on Saturday met Lieutenant Governor Najeeb Jung. Kejriwal said that AAP will form government in Delhi after getting response from the BJP and the Congress on all issues raised by his party. AAP has written letters to BJP chief Rajnath Singh and Congress chairperson Sonia Gandhi over unconditional support for passing Janlokpal Bill. Dec 14, 2013
kejriwal-meets-lg-asks-congress-bjp-to-respond-on-aaps-letter-part-2

Kejriwal meets LG; asks Congress, BJP to respond on AAP's letter - Part - 2

New Delhi, Dec 14 (ANI): Aam Aadmi Party convener Arvind Kejriwal on Saturday met Lieutenant Governor Najeeb Jung. Kejriwal said that AAP will form government in Delhi after getting response from the BJP and the Congress on all issues raised by his party. AAP has written letters to BJP chief Rajnath Singh and Congress chairperson Sonia Gandhi over unconditional support for passing Janlokpal Bill. Dec 14, 2013
kejriwal-meets-lg-asks-congress-bjp-to-respond-on-aaps-letter-part-3

Kejriwal meets LG; asks Congress, BJP to respond on AAP's letter - Part - 3

New Delhi, Dec 14 (ANI): Aam Aadmi Party convener Arvind Kejriwal on Saturday met Lieutenant Governor Najeeb Jung. Kejriwal said that AAP will form government in Delhi after getting response from the BJP and the Congress on all issues raised by his party. AAP has written letters to BJP chief Rajnath Singh and Congress chairperson Sonia Gandhi over unconditional support for passing Janlokpal Bill. Dec 14, 2013
bjp-hits-back-at-aap-says-kejriwal-is-arrogant

BJP hits back at AAP, says Kejriwal is arrogant

New Delhi, Dec 14 (ANI): The BJP on Saturday slammed AAP convener Arvind Kejriwal after he demanded response from the BJP and the Congress on issues raised by his party. After meeting Lt Governor Najeeb Jung, Kejriwal in a press conference had stated that he is awaiting response of his letter from both the parties now. Reacting on it, BJP leader Balbir Punj said that so much arrogance does not work in public life and added that Kejriwal thinks he is country's 'Bhagyavidhaata.' Dec 14, 2013
jd-u-mla-shoaib-iqbal-offers-unconditional-support-to-aap

JD (U) MLA Shoaib Iqbal offers unconditional support to AAP

New Delhi, Dec 14 (ANI): JD (U) MLA in Delhi Assembly Shoaib Iqbal has sent his letter of support for the Aam Aadmi Party to Lt Governor Najeeb Jung. Meanwhile, Aam Aadmi Party (AAP) convener Arvind Kejriwal on Saturday met Najeeb Jung and sought 10-day time to decide on government formation in Delhi. Dec 14, 2013
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Delhi Elections: AAP May Form Government, If Allowed

If the political deadlock continues in Delhi, then fresh elections will be unavoidable. But it is fast emerging that the newcomers - AAP party is considering on a minority government. The AAP officials are in discussion over the matter and by Friday evening a final consensus is expected. Dec 13, 2013
raghuram-rajan-admits-to-low-growth-rate-higher-inflation

Raghuram Rajan admits to low growth rate & higher inflation

Kolkata, Dec 13 (ANI): Reserve Bank of India (RBI) Governor Raghuram Rajan said that the growth rate of the economy was weaker but inflation was higher than desired. Rajan on Thursday, said that data showed a sharply higher food prices in the country. Rajan added the RBI would take all data into account and that the RBI was "very uncomfortable" with the current level of inflation. The RBI also warned regulators to be vigilant against ponzi schemes. Dec 13, 2013