A division bench of Justices AS Gadkari and Sharmila Deshmukh on September 8 dismissed the petition filed by Manoranjan Roy, who claimed to be a tax volunteer, seeking an independent investigation to inquire into alleged wrongful activity and action by certain RBI officials
Reserve Bank Governor Shaktikanta Das on Wednesday said that RBI is monitoring the situation regularly with regard to the withdrawal of Rs 2,000 currency notes and expressed confidence that the entire exercise will be completed in a non-disruptive manner. All pictures: PTI
The 131-day window to exchange junked Rs 2000 currency notes opened on Tuesday with a mixed bag of small queues of people at some banks. Rs 2000 currency notes continue to be legal tender for now, and the exchange window is more than double of that provided in 2016. Pics/ PTI
Reserve Bank of India (RBI) Governor Shaktikanta Das said the deadline of September 30 for the exchange of Rs 2000 notes was decided so that people take the process seriously and it does not become endless (Pics/PTI)
Museums play a key role in spreading awareness about ancient times and the rich culture and heritage of societies. Mumbai is home to many such museums which are worth visiting. They not just educate us about the city's history but also reflect life in Mumbai. On International Museum Day 2023, here are 5 city museums you can visit
The monetary policy committee of the Reserve Bank of India voted unanimously to keep the repo rate unchanged at 6.50 per cent. Experts say this means those with existing home loans should see no change in EMIs. However, the question of whether a borrower should choose a floating or fixed rate going. RBI Governor Shaktikanta Das informed about the unchanged repo rate.
Reserve Bank of India (RBI) Governor Shaktikanta Das held a press conference on June 08 where he informed that the monetary policy committee unanimously decided to keep the repo rate unchanged at 6.5 per cent. He also spoke about the growth in the Gross Domestic Product (GDP) of India which was recorded at 7.2 per cent in 2022-2023. Earlier, it was estimated to be 7 per cent. He also said that by taking all the factors into consideration, the real GDP growth for the year 2023-24 is projected at 6.5 per cent. “India’s real Gross Domestic Product (GDP) recorded a growth of 7.2 per cent in 2022-23, stronger than the earlier estimate of 7 per cent. It has surpassed its pre-pandemic level by 10.1 per cent...Taking all factors into consideration, the real GDP growth for the year 2023-24 is projected at 6.5 per cent,” said Shaktikanta Das.
Former Principal Secretary to Prime Minister Narendra Modi Nripendra Misra on May 22 said that the PM was not keen on the introduction of the Rs 2,000 notes but went along with the advice of his team. “PM Modi was not at all in favour of Rs 2000 notes. But, as demonetisation was to be done in a limited time, he gave reluctant permission for it. PM never considered Rs 2000 note as a note of the poor, he knew Rs 2000 has hoarding value instead of the transactional value,” said Nripendra Misra.
Reserve Bank of India (RBI) Governor Shaktikanta Das while briefing the media persons assured that note of Rs 2000 will remain legal tender despite it being withdrawn from circulation.“Let me clarify and re-emphasise that it is a part of the currency management operations of the Reserve Bank. For a long time, the Reserve Bank has been following a clean note policy. From time to time, RBI withdraws notes of a particular series and issues fresh notes. We are withdrawing the Rs 2000 notes from circulation but they continue as legal tender,” said Shaktikanta Das.
Hailing from Dombivli, Nilesh Kulkarni worked his way up the ranks to represent Mumbai at the junior level before going on to become the Ranji Trophy team’s go-to spin bowler, playing under the likes of Sachin Tendulkar and Sanjay Manjrekar. He played a big role in several Ranji Trophy triumphs for Mumbai, but the 1996-97 one, whose final was played under floodlights in Gwalior, will remain special. As will the wicket of Sri Lanka’s Marvan Atapattu off his very first ball in Test cricket in 1997. Kulkarni dwells on his beginnings, his Test career and how he was mentored by English fast bowling great Frank Tyson through a bowling scheme in the early 1990s. He also talks about how he made his post-cricket career meaningful by opening a management institute.
India's ex-wicketkeeper, Kiran More played domestic cricket for Baroda, but he came to Mumbai to be part of the inter-office and club cricket circuit. He talks about how inter-office matches were like wars between teams and attributes his India selection to the experience of 'keeping to Mumbai stalwart Padmakar Shivalkar in the Tata Sports Club side. More also dwells on his rivalry with friend and Mumbai stalwart Chandrakant Pandit, for a spot in the Indian team.
Mumbai’s ex-batsman Jatin Paranjape turns back the clock to how he was introduced to the tough yet exciting world of Mumbai’s club cricket by being part of the Dadar Union Sporting Club, before graduating to U-19 cricket for India and a Mumbai Ranji Trophy call-up. An ankle injury proved a spanner in the works a few games into his India ODI career in 1998, but doors opened in the corporate field before becoming a national selector, followed by a post in a BCCI committee to pick the current national selection committee.
Ex-Rajasthan’s Mumbai-based spinner Suresh Shastri reveals that he was one of the first to emerge from the famous Ramakant Achrekar cricket stable and how he progressed every step of the way in the hard world of Mumbai and domestic cricket, playing with the best names on the circuit; his journey encompassing several games against touring teams in the 1970s.
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