India

New Delhi, June 19: There are seven candidates on a long list to replace Reserve Bank of India Governor Raghuram Rajan, a senior government official told Reuters on Saturday. The candidates are Vijay Kelkar, Rakesh Mohan, Ashok Lahiri, Urjit Patel, Arundhati Bhattacharya, Subir Gokarn and Ashok Chawla, the official said, speaking on condition of anonymity due to the sensitivity of the matter. Of

New Delhi, June 18: The political battle has begun over the announcement of RBI Governor Raghuram Rajan that he would not serve a second term at the central bank. Senior Congress leader P Chidambaram has said the government 'didn't deserve Dr Rajan'. Union Finance Minister Arun Jaitley meanwhile said Rajan's successor would be announced soon. "I am disappointed and profoundly saddened by the

Mumbai, Jun 18: Badgered by political attacks on him, RBI Governor Raghuram Rajan today said no to a second term in the post, in a surprise announcement putting at rest all speculation over his continuance. "... on due reflection, and after consultation with the government, I want to share with you that I will be returning to academia when my term as Governor ends on September 4, 2016," Rajan said

London, Jun 18: Vijay Mallya, who has been declared a proclaimed offender by a Mumbai court in a money laundering case, has been spotted at a book launch event at London School of Economics this week that was attended by the Indian envoy. Social media was in a frenzy after it emerged that Indian High Commissioner Navtej Sarna, who was one of the special guests at the event on Thursday evening to

Hyderabad, Jun 18: The Indian Air Force on Saturday inducted its first batch of women pilots, comprising three cadets into its fighter squadron. Bhawna Kanth, Avani Chaturvedi and Mohana Singh, will undergo another six months of training in the Hawk Advanced Jet Trainer before they start flying the fighter jets in regular missions like their male counterparts. They graduated from the IAF academy

Mumbai, Jun 17: In an apparent snub to BJP ahead of the 2017 Brihanmumbai Municipal Corporation polls, Shiv Sena has not invited its ally for its 50th anniversary celebrations on Sunday. "We have not invited the BJP because it is an internal celebration of our party which is aimed at gearing up our party workers. Recently, BJP held its National Executive meet in Allahabad for which none of its

Ahmedabad, Jun 17: Calling the Gulberg massacre as the "darkest day" in the history of civil society, a special SIT court here today sentenced 11 convicts to life imprisonment in the case of burning alive of 69 people, including former Congress MP Eshan Jafri in the 2002 post-Godhra violence. Rejecting the demand for death sentence for all the convicts, the court said life imprisonment for the 11

Jammu, Jun 17: Authorities today decided to suspend all Internet services across Jammu region to stop spread of rumours on social networking sites following the desecration of a temple here last evening. All mobile and broadband-based Internet services have been suspended, a district official said. "To stop rumour mongering on social networking sites in the wake of the desecration of Shiv temple

Jabalpur (MP), Jun 17: A 33-year-old man was killed and six others injured, five of them seriously in a clash between two camps in the early hours of the day over an objectionable photo of Congress chief Sonia Gandhi in a WhatsApp messenger group, police said here. Area City Superintendent of Police Inderjeet Balsavar said that one Umesh Verma who sustained injuries in the clash, succumbed to his

New Delhi, Jun 16: Prime Minister Narendra Modi today set a target for the taxmen to double the taxpayer base to 10 crore and warned "the long arm of the law" will catch up with those evading taxes. At the same time, he asked tax officers to be "soft and sober" in their approach and not treat everyone as tax evaders. Addressing the inaugural session of the two-day annual conference of tax