Political parties in Tamil Nadu, including the MDMK, VCK and MMK, have called for a State-wide bandh seeking total prohibition. However, not all parties are backing the bandh. On Sunday, the TMC and PMK refused to support the bandh. DMK president M Karunanidhi, who had triggered a debate on prohibition, demanded that it be implemented immediately.
Raghuram Rajan is likely to hold rates in the RBI’s bi-monthly monetary policy review today. Uncertainty over the progress of the monsoon and its likely impact on retail inflation could see the central bank keep the policy repo rate unchanged. Watch markets.
Mozambique President Filipe Jacinto Nyusi arrives on a five-day visit to India. The tour is expected to strengthen bilateral business ties between the countries, especially in the hydrocarbon and coal sectors.
A special court is to hear a coal scam case allegedly involving Congress leader and industrialist Naveen Jindal and others, after the accused said they did not receive certified copies of documents filed by the CBI. The case pertains to irregularities in the allocation of Amarkonda Murgadangal coal block in Jharkhand to Jindal firms.