Prefer a stance in which words are consistent with actions: Jayanth Varma in RBI MPC minutes
Jayanth Varma, an external member of the Reserve Bank of India's rate-setting panel, has criticized the lack of consistency between the committee's promises to withdraw accommodation and its decision to keep rates unchanged. Varma believes that the committee should communicate its intention to maintain high real interest rates for as long as necessary to achieve the inflation target. Key Points
Economic TimesA memoir about 3 Peshawar sisters traces Partition history with new lens. No blood & gore
Indira Verma says it is almost as if she underwent two separate births — the physical one in Peshawar and a rebirth in India. And Lest We Forget is a repository of this experience. Key Points
ThePrintIndia's economic growth appears to be very fragile, says RBI monetary policy committee member Jayanth Varm
While noting that high interest rates make private capital investment more difficult, Varma said the government is in fiscal consolidation mode, thus reducing the support to the economy from this source. Because of all these factors, I fear that growth may fall short of what we need to meet the aspirations of our growing workforce given our demographic context and income level, he said. Key Points
Economic TimesRam Gopal Varma joins politics, to contest Lok Sabha election from Andhra Pradesh's Pithapuram
Earlier in the day, the Telugu Desam Party and Bharatiya Janata Party-Jana Sena Party (JSP) declared their alliance. Under the new deal, it was decided that Tollywood actor and JSP chief Pawan Kalyan would be fielded from the Pithapuram seat. Key Points
Business Today‘Give me a nice guy role next time’: Vijay Varma on what he told Reema Kagti after Dahaad offer
In Dahaad, Vijay Varma essays Anand, a school teacher suspected of a series of murders. The series will start streaming on Prime Video from May 12. Key Points
The Indian Express
Tamannaah Bhatia says 'marriage is not a party' after confirming relationship
Tamannaah Bhatia recently talked about assuming that she would be married by 30. She is currently dating actor Vijay Varma. | Bollywood Key Points
Hindustan Times‘Who Vijay Varma?’: Dahaad actor says designers rejected him on first Cannes trip, friend gifted him Zara suit
Vijay Varma first attended the Cannes Film Festival in 2013, to attend the premiere of his film Monsson Shootout. He is back at the festival this year, as a part of the Indian delegation. Key Points
The Indian ExpressMPC Minutes: War against inflation not yet won, premature to declare end to tightening cycle, says Jayanth
Two inflationary risks have come to the fore since the February meeting. The first risk emanates from the announcement of an output cut by OPEC+ during the weekend just before the MPC meeting. The second risk relates to the monsoon, said Jayanth Varma. Key Points
Economic TimesPrivate capital expenditure to pick up in coming years: MPC member Jayanth R Varma
RBI Monetary Policy Committee member Jayanth R Varma predicts that capacity utilization is increasing and private capital expenditure will pick up in the coming years. He believes that the government has borne the burden of investment, while private capital expenditure has been muted. Varma also believes that large public sector infrastructure investments have the potential to crowd-in private sector investments. Key Points
Economic TimesWar against inflation not yet won, says Monetary Policy Committee member
A member of India’s Monetary Policy Committee (MPC), Jayanth R. Varma, has said that it would be premature to declare an end to the tightening cycle and the war against inflation has not yet been won. Varma expressed reservations about the second resolution, stating that he could not put his name to a stance that he did not understand. He emphasized the need for heightened vigilance in the face of fresh risks such as an output cut by OPEC+ and monsoon-related issues. Varma also highlighted that a deficient monsoon could create inflationary pressures that would require counteracting with monetary policy measures Key Points
The Hindu
The blemish in BJP’s Tripura win: Deputy CM Jishnu Dev Varma pays for misjudging TIPRA Motha
Varma lost narrowly to his nephew Pradyot Debbarma’s party. Before polls, he had said the outfit was more hype than anything else. Key Points
The Indian ExpressIndia withstood geopolitical shocks; will navigate future uncertainties too: MPC's Jayanth R Varma
India's economy has proven its resilience in the face of geopolitical shocks over the past few years and will continue to navigate uncertainties in the future, according to Jayanth R Varma, a member of the RBI Monetary Policy Committee. Varma expressed confidence in a positive outcome for 2024, with lower inflation and robust growth. Key Points
Economic TimesTamannaah Bhatia has a cute response for Vijay Varma's latest Instagram post
Vijay Varma took to Instagram to share a set of pictures from a recent shoot. Here's what girlfriend Tamannaah Bhatia commented. | Bollywood Key Points
Hindustan TimesHigh real interest rate may halt private investments, hinder pace of growth: MPC member Jayant Varma
Professor Jayant Varma, who was the sole dissenter at the February monetary policy meeting when the MPC held rates steady at 6.50%, voted for the repo rate to be cut by 25 basis points. Key Points
mintInflation readings to remain well above RBI's tolerance band for a couple months: MPC's Jayanth Varma
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) member, Jayanth R Varma, has stated that inflation readings for the next few months are likely to remain above the RBI's tolerance band of 2-6%. Varma warned against declaring victory based on a couple of months' inflation data and expressed discomfort with the self-congratulatory tone of the MPC statement. However, Varma believes there is no need to panic and that the trajectory of inflation over the next few quarters will provide a clearer picture. Key Points
Economic Times
Railway officials explain why Kavach would not have prevented the Odisha train accident
Railway officials have dismissed the suggestion that the Kavach system could have prevented the recent train accident in Odisha. An official from the Railway Board said that if an obstruction suddenly appears in front of a high-speed vehicle, no technology in the world could prevent an accident. Key Points
Economic TimesPrasanth Varma announces HanuMan sequel on Ram Mandir Pran Pratishtha
HanuMan marked the beginning of Prasanth Varma Cinematic Universe. Now, director Prasanth Varma has announced the sequel to the film. Key Points
Hindustan Times'Not sorry for miscommunication': Ram Gopal Varma denies political entry
Filmmaker Ram Gopal Varma has clarified he was not contesting from Pithapuram and was not entering politics. He said his post was about participating in a short film contest. Key Points
India Today'Macbeth': Check out what we know about limited theatrical release, production, cast, release date and mor
Ralph Fiennes and Indira Varma star in a modern rendition of Shakespeare's Macbeth, directed by Simon Godwin. This limited theatrical release on May 2 and 5, 2024, offers audiences a unique opportunity to witness the classic tragedy on the big screen, featuring innovative set design and a talented ensemble cast. Key Points
Economic TimesRam Gopal Varma says Sandeep Reddy Vanga's Animal is mental therapy for industry
Animal, directed by Sandeep Reddy Vanga, released on December 1. The Ranbir Kapoor film is doing exceptionally well at the box office. | Bollywood Key Points
Hindustan Times
Indian refiner MRPL to phase out exports as it adds retail outlets
India's Mangalore Refinery and Petrochemicals Ltd (MRPL.NS) plans to phase out fuel exports in the next two to three years as it expands its local retail network to diversify its sources of revenue, its managing director said. Key Points
ReutersKaalkoot trailer: Vijay Varma takes break from serial killer roles, plays a cop
Kaalkoot, also starring Shweta Tripathi, will see Vijay Varma as a cop investigating an acid attack case. The series will drop on JioCinema on July 27. Key Points
Hindustan TimesHere's what Vijay said when Tamannaah told him he'd be her first onscreen kiss
Vijay Varma recalls the time he met Tamannaah and ‘broke the ice’. That was also the time when she told him that he was the first person she'd kiss onscreen. | Bollywood Key Points
Hindustan TimesTamannaah Bhatia confirms her relationship with Vijay Varma
Tamannaah Bhatia has admitted that her relationship with Vijay Varma started on the sets of Lust Stories 2. She said it happened organically. | Bollywood Key Points
Hindustan TimesRecord-breaking SRH beat MI by 31 runs
Sunrisers Hyderabad outperformed Mumbai Indians in a high-scoring IPL match. SRH set a record total of 277, with notable contributions from Travis Head, Abhishek Sharma, and others. MI's efforts fell short with a total of 246. Key Points
Economic Times
Vijay Varma recalls being dropped from a film as astrologer didn't like his pics
Vijay Varma spoke about Naseeruddin Shah's advice on wanting to become an actor. He said he was prepared to 'wait till his time comes’. | Bollywood Key Points
Hindustan TimesTamannaah Bhatia and Vijay Varma twin in all-black on date night. Watch
Tamannaah Bhatia and Vijay Varma twinned during their date night in Mumbai, dressed in all-black outfits. Their fans called them a 'perfect jodi'. | Fashion Trends Key Points
Hindustan TimesVegetable vendor in tears over soaring tomato prices, Rahul Gandhi shares video
A vegetable vendor couldn't hold back his tears upon learning about the exorbitant price of tomatoes at the Azadpur wholesale market in Delhi. A video of the same has gone viral on social media with Rahul Gandhi, too, sharing the clip. Key Points
India TodayRate-setting panel member asks RBI to talk clearly for greater good
Jayanth Rama Varma, a member of the Reserve Bank of Indias monetary policy committee, has criticised the bank's lack of transparency and its confusing stance on policy. Varma has called for the committee to be transparent with the public about its intentions in a clear manner. He claims the bank is still using coded language instead of plain, transparent language. The committee has stated it plans to monitor its withdrawing from its pandemic period accommodation approach in the face of posed inflationary risks from the weather and geopolitical disruptions. Key Points
Economic TimesVijay Varma shares happy pictures from Cannes expressing heartfelt gratitude for a thunderous response to 'Dahaad'-Entertainment News , Firstpost
Basking high in the success of his latest hit #Dahaad actor Vijay Varma extends his heartfelt thanks to all his fans across the world. Delivering a thunderous performance, Vijay Varma has yet again created goosebumps amongst his audience. Key Points
Firstpost