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Speaking exclusively to PTI during his recent visit to the city to participate in a curtain-raiser event of the 16th edition of the Apeejay Kolkata Literary Festival, where his latest title 'Chhaunk: On Food, Economics and Society' was launched, Banerjee said he felt India's «explicit political preference for Hindu migrants from Bangladesh» is what prompted the population to leave their homeland in the past, rather than the attacks on the community. «People always leave for another country where they have their families or to a richer nation where the economic opportunities are higher,» the Nobel laureate said, «I am not surprised that Hindu Bengalis have left Bangladesh and settled in, say, large pockets of Assam because of India's overt preference for Hindus instead of Muslims.»

Shaktikanta Das, another finance ministry bureaucrat has been appointed as the governor of the Reserve Bank of India (RBI). Revenue Secretary Sanjay Malhotra will replace Das. Economists were speculating over the future of Das in the wake of data showing the South Asian economy expanded 5.4% from July to September, a seven-quarter low and far below the Reserve Bank of India’s 7% projection, Bloomberg reported. When Shaktikanta Das joined the central bank six years ago, he had waded into a government-RBI rift. A deft bureaucrat like his predecessors Duvvuri Subbarao and YV Reddy, Das had a tough job: to clean the mess left by high-profile economists Raghuram Rajan and Urjit Patel whose tenure at the helm of the RBI was marked by spats with the government, erosion of confidence and high uncertainty. Now, when expectations for a rate cut have spiked after a long rate pause and the GDP dip, Malhotra will be heading the Monetary Policy Committee (MPC) when it considers a rate cut in its February meeting.

«Polarization means division, but it's a very specific kind of division,» said Peter Sokolowski, Merriam-Webster's editor at large, in an exclusive interview with The Associated Press ahead of Monday's announcement. «Polarization means that we are tending toward the extremes rather than toward the center.» The election was so divisive, many American voters went to the polls with a feeling that the opposing candidate was an existential threat to the nation. According to VoteCast, a survey of more than 120,000 voters, about 8 in 10 Kamala Harris voters were very or somewhat concerned that Donald Trump's views — but not Harris' — were too extreme, while about 7 in 10 Trump voters felt the same way about Harris — but not Trump.

Sanjay Malhotra on Monday was appointed as the 26th Governor of the Reserve Bank of India as current Governor Shaktikanta Das' term ends on Tuesday. Malhotra, a 1990 Batch Rajasthan Cadre IAS Officer, will assume office on December 11, 2024 for a period of three years, the appointment committee of the cabinet said in a notification. His appointment comes at a critical juncture as the RBI battles challenges like inflation control and slowing down of economic growth.

Jay-Z refutes claims that he and Sean Diddy Combs abused a 13-year-old in 2000. A woman who claims that Sean Diddy Combs assaulted her has added claims that Jay-Z also assaulted her at the same party to her lawsuit. The woman added Shawn Carter, the rapper and businessman known as Jay-Z, as a defendant in the civil lawsuit on Sunday after it was first filed against Combs in October. In relation to Combs, Carter is the first well-known person to face allegations of assault. Carter described the accusations as so heinous in nature that he implores to file a criminal complaint, not a civil one, in a statement to CNN.

Rajnath Singh attended the Commissioning Ceremony of INS Tushil at Russia's Kaliningrad on Monday. In a post on X, Defence Minister's Office stated, «Raksha Mantri Shri @rajnathsingh attending the Commissioning Ceremony of #INSTushil at Kaliningrad, Russia.»

benchmark indices ended in red for the second session in a row dragged by FMCG and auto stocks. While the S&P BSE Sensex settled at 81,508.46, down by 200.66 or 0.25%, the broader Nifty50 closed at 24,619, lower by 58.80 or 0.24%. Commenting on the day's action, Dr. Praveen Dwarakanath, Vice President of Hedged.in, said that momentum indicators continue to show bullishness in the Nifty index despite remaining closer to the overbought levels. «Nifty is consolidating near its resistance level of 24,850. The last two days have shown an insider candle for the index, indicating it has lost momentum. The index trades above the 50-day moving average, indicating that bullishness could continue. Options writer's data for the monthly expiry showed increased writing of the calls and puts at the 24,700 level, indicating a range-bound move in the index,» Dwarakanath said.

YesMadam, a Delhi-NCR-based home salon services company, is under scrutiny after reports emerged that it terminated over 100 employees based on the results of a workplace stress survey. The incident has sparked widespread criticism online, with many questioning the company’s approach to employee well-being. Amid this, many have also questioned if this is some kind of a PR stunt by the company to grab attention. According to reports, the company conducted a survey to assess stress levels among its workforce. Employees who indicated significant levels of stress were allegedly let go immediately. A screenshot of an email from YesMadam’s Human Resources department, which has gone viral on social media, outlines the decision. The email reportedly states that the company parted ways with employees identified as experiencing major stress as part of its efforts to maintain a healthy work environment. The screenshot was posted on LinkedIn by Anushka Dutta. According to her bio, she is a UX copywriter at YesMadam. In her social media post, she shared a screenshot of the email and expressed frustration over the company's actions, highlighting that over 100 employees, including herself, were abruptly terminated after participating in a stress survey. She questioned the company's decision and tagged the incident as a mass firing. It should be noted that she did not share the screenshot of the mail addressed to her.

Indian Navy's Russian-manufactured guided missile frigate INS Tushil was commissioned into the force at Russia's coastal city of Kaliningrad on Monday. Defence Minister Rajnath Singh, Chief of Naval Staff Admiral Dinesh K Tripathi and several other senior Indian officials were present at the commissioning ceremony. INS Tushil is expected to significantly bolster the Indian Navy's operational capability in the Indian Ocean, a region that has witnessed increasing forays by China's PLA Navy in the last few years. The warship has been constructed in Russia as part of an over USD 2.5-billion deal that New Delhi had inked with Moscow in 2016 for four stealth frigates for the Indian Navy.

George Soros Foundation-funded organisation's activities. Addressing a press conference at the BJP headquarters here, party national spokesperson Sudhanshu Trivedi alleged that a «systematic anti-India experiment» was underway and the dots were now connecting. «The Congress' hand is with foreign forces. It's clearly visible now. The Congress wants to make the country's condition worse,» he said, a day after the BJP alleged that Sonia Gandhi had links to the Forum of the Democratic Leaders-Asia Pacific (FDL-AP) Foundation, an organisation financed by George Soros Foundation, which has backed the idea of Kashmir as an independent nation. This association shows the influence of foreign entities in India's internal affairs, the ruling party said in a series of posts on X.

stocks rallied as much as 15% in Mumbai trading on Monday even as equity benchmarks, BSE Sensex and NSE Nifty, traded in the amid brisk in frontline bluechip counters. Stocks that surged in excess of 15% included, Indo Asia Fin(20.00%), The Phosphate Co.(20.00%), Sundaram Brake(20.00%), Indo Us Bio-Tech(19.99%), Orbit Exports(19.99%), Ind Swift Ltd(19.99%), Rajdarshan Ind(19.98%), Apoorva Leasing Finance(19.98%), Mahalaxmi Rub(19.98%) and AdityaBirlaMoney(19.97%).

Jitin Prasada said on Monday. “Despite being the largest connected nation globally, our presence in the critical global public forums where global standards and technologies for the Internet are determined — it is notably underrepresented,” the minister said. “It is a priority of our government to address this imbalance and ensure that our nation's perspectives contribute significantly to shaping the global discourse on internet governance.”

Joseph Hill, senior investment analyst at HL, said it had been informed by Ninety One that it had conducted a strategic review of its fund range, and as a result, was intending to merge the UK fund into the global strategy. EdenTree and Ninety One set to adopt SDR 'Sustainability Impact' label «This reflects a reduction in the number of UK equity funds the business will run, from five to three and means the UK Sustainable Equity fund will no longer exist in its current form,» Hill said. The merger is still subject to shareholder resolution, but HL has taken the decision to remove t...

UAE government announced a partnership with UiPath, a leading enterprise automation and AI company, to advance Agentic Automation — a transformative approach to automation powered by AI. This collaboration will focus on developing AI-powered automation solutions across government entities while equipping UAE talent with critical AI skills. The Memorandum of Understanding, aligned with the UAE National Strategy for AI and supporting the UAE's vision to become a global leader in AI by 2031, was signed by Omar Sultan Al Olama, minister of state for Artificial Intelligence, Digital Economy, and Remote Work Applications, and Daniel Dines, founder and CEO of UiPath, along with the UiPath team

On the BSE, Mishtann Foods(down 19.96 per cent), Vision Corp(down 14.49 per cent), Conart Engg(down 13.53 per cent), Novateor Research(down 9.98 per cent) and IO System Ltd(down 9.96 per cent) stood among the top losers in today's trade.

«Today I have moved the adjudication application in the court. The final report of the survey is ready and is in the final stage. This report will be presented in a sealed envelope but due to health issues, I have asked for 15 days time from the court,» Raghav told reporters. «I had fever for three-four days. I have not been able to analyse the report yet. The other party will file its objection. After hearing the objection, the court will give its decision at around 4 pm,» he added.

Bengal Chief Minister Mamata Banerjee expressed hope that Indian Foreign Secretary visiting Bangladshesh becomes successful in his diplomacy and she expects peace to return.«We expect the diplomacy to be successful and expect peace to return. The foreign secretary will hold meetings in Bangladesh,» she said. Foreign Secretary is visiting Bangladesh today and will hold meetings «We expect peace to return,» she said. She gave a strong message to former army men of Bangladesh who dared India about capturing Bengal, Bihar and Odisha.

Subscribe to enjoy similar stories. As US president, Joe Biden charted a new economic path for the Democrats by siding unabashedly with the working class and introducing a wide range of industrial policies to reinvigorate US manufacturing, reshore supply chains and promote the green transition. Most of these new policies made economic sense, and like many other progressives, I thought they made political sense as well.

Shriram Finance Ltd. 0.36 per cent to Rs 3113.25 in Monday's trade as of 12:34PM (IST). The stock hit a high price of Rs 3161.40 and low of Rs 3105.05 during the session.

Lupin Ltd. traded 0.37 per cent in Monday's session at 12:39PM (IST). The stock opened at Rs 2133.55 and has touched an intraday high and low of Rs 2139.00 and Rs 2113.65, respectively, during the session so far. The stock quoted a 52-week high of Rs 2312.00 and a 52-week low of 1200.35. About 4,778 shares changed hands on the counter so far.

Farmers under the banner of the Samyukta Kisan Morcha (non-political) and Kisan Mazdoor Morcha have been camping at Shambhu and Khanauri border points between Punjab and Haryana since February 13 after their march to Delhi was stopped by security forces. The plea, filed in the apex court by a social activist hailing from Punjab, also sought directions to the Centre and others to remove restrictions on farmers' protests and to ensure that national highways and railway tracks are not blocked by the agitating farmers.