The Reserve Bank of India on Tuesday said it will inject Rs 37,500 crore into the system through purchase of government securities in February to increase liquidity.

The RBI said it has been monitoring the evolving liquidity conditions and durable liquidity requirements of the system.

"Accordingly, it has been decided to conduct purchase of government securities under Open Market Operations (OMOs) for an aggregate amount of Rs 375 billion in the month of February 2019 through three auctions of Rs 125 billion each during the 2nd, 3rd and 4th week," the RBI said in a release.

There will be no auction during the first week due to the scheduled MPC meeting, it added.

The apex bank said it will inform about the auction dates in the due course.

The OMO for the month is indicative and the RBI retains the flexibility to change it, depending on the evolving liquidity and market conditions, it said further. 

The Indian women's Hockey team put up a spirited display to stun World Cup bronze medallists Spain 5-2 in the third international hockey match of the four match series in Murcia on Tuesday.

By virtue of this win, India  managed to level the series 1-1 in the second game, after having lost the tour opening match 2-3.
India will play its fourth and final match against Spain tomorrow.

Uttar Pradesh state cabinet today approved construction of a four-lane Ganga Expressway connecting Prayagraj to Western Utter Pradesh which would cost about 36,000 crore rupees.

Briefing media persons about Cabinet decisions at Prayagraj, Chief Minister Yogi Adityanath said this expressway will provide better connectivity to Prayagraj. He said Ganga Expressway will be 600 kilometres long and can be expanded to six-lane in future. Chief Minister said after completion it would be longest in the world.

The state cabinet also gave approval to several other infrastructure and pilgrimage augmenting projects and schemes. The Chief Minister said along with Bundelkhand Defence Manufacturing Corridor, a new 291 kilometres long Bundelkhand Expressway will also be constructed at a cost of 8864 crore rupees.

Mr. Adityanath also said Gorakhpur link of Poorvanchal Expressway would be expanded to Azamgarh and Ambedkar Nagar Districts.

For the promotion of spiritual tourism, the government also gave its nod to augment develop and beautify Rishi Bhardwaj, Valmiki, Rishi Shringi, Mata Shanta and Nishadraj located at Prayagraj.

The nation pays homage to Father of the Nation Mahatma Gandhi on his 71st death anniversary today.
The day is also observed as Martyrs' Day. He was assassinated on this day in 1948.

President Ram Nath Kovind and Prime Minister Narendra have paid tributes to Father of Nation Mahatma Gandhi on his death anniversary today.

In a tweet, Mr Kovind said, on Martyrs’ Day the nation gratefully remembers Mahatma Gandhi and the countless freedom fighters who sacrificed their all for our Independence.

In a tweet on Tuesday, Prime Minister said that on Bapu’s Punya Tithi, he will be in Dandi, Gujarat, the place from where Mahatma Gandhi challenged the might of colonialism.

He said, in Dandi, the National Salt Satyagraha Memorial will be dedicated to the nation and this is a tribute to Satyagrahis led by Gandhi Ji, who worked for India’s freedom.

The leaders from different political parties will pay tributes to Bapu at Rajghat in New Delhi. A Sarva-Dharma Prarthana will be held at Gandhi Samadhi, Rajghat this morning.

Prime Minister Narendra Modi on Monday paid tribute to Mahatma Gandhi, the Father of the Nation, on his 69th death anniversary.

"Tributes to beloved Bapu on his 'Punya Tithi'(death anniversary)," Modi tweeted.

On this day in 1948, Mohan Das Karamchand Gandhi was assassinated by Nathuram Godse, a Hindu nationalist, who fired three bullets into his chest during a prayer meeting at the Birla House here.

Gandhi is admired across the world for his nonviolent philosophy of passive resistance. He was known to his many followers as the Mahatma.

Prime Minister Narendra Modi will visit Surat and Dandi in Gujarat today.

During the daylong visit, Prime Minister Modi will lay the Foundation Stone for the extension of Terminal building at Surat Airport and attend the New India Youth Conclave. He will also inaugurate a hospital in Surat.

The Surat Airport Terminal building will be constructed at a cost of Rs.354 Crore in 25,500 square meters area. It will be an eco-friendly sustainable building, using solar energy and LED lighting.

Once completed, it will have a peak handling capacity of over 1800 passengers. Surat airport is the third busiest airport in Gujarat after Ahmedabad and Vadodara in terms of both aircraft movements and passenger traffic.

In Surat, PM will also interact with the youth at the New India Youth conclave. He will also inaugurate Rasilaben Sevantilal Shah Venus Hospital and visit the facilities there.

Later, Prime Minister Modi will visit Dandi in Navsari District on the coast of the Arabian Sea wherein 1930 Mahatma Gandhi had ended his historic Salt March.

He will dedicate the National Salt Satyagraha Memorial in Dandi. The National Salt Satyagraha Memorial to be dedicated to the nation on Mahatma Gandhi’s death anniversary has statues of Mahatma Gandhi and 80 Satyagrahis, who had marched with Mahatma Gandhi during the historic Dandi Salt March.

The memorial also has 24-narrative murals depicting various events and stories from the historic 1930 Salt March. The Prime Minister will also address a public meeting there.

Ambati Rayudu will not be allowed to bowl in international cricket. (AP)

Ambati Rayudu has been suspended from bowling in international cricket, the International Cricket Council (ICC) announced on Monday (January 28). This was after Rayudu failed to submit to a test of his bowling action within the stipulated period of 14 days.

A statement by ICC said, “The player elected not to submit to a test of his bowling action within the stipulated period of 14 days of being reported for a suspect action, and therefore he has been suspended with immediate effect in accordance with clause 4.2 of the ICC regulations, which can be found here.”

“The suspension will remain in place until he is tested, and can demonstrate he is able to bowl with a legal action,” it added.

Rayudu was reported for suspect action during the first one-day international of India’s series against Australia in Sydney on January 12.

As a part-time bowler, Rayudu had bowled just two overs during the match and gave away 13 runs without picking up a wicket. However, his action drew comparisons with Sri Lankan great Muttiah Muralitharan, who himself had been pulled up by match officials for suspect bowling action a number of points in his career.

Five-time world champion Viswanathan Anand had to be content with a joint third place finish following a draw with compatriot Vidit Gujrathi in the 13th and final round of the Tata Steel Masters here.

With three victories, a lone loss against winner Magnus Carlsen of Norway and nine draws, Anand ended the event on 7.5 points and will add six points to his existing rating. He is now sixth in world rankings.

Carlsen expectedly won the event after drawing rather easily with Anish Giri of Holland in the final round.

Leading by a half point over Giri, Carlsen started the day with black pieces and went for his recent pet Sveshnikov Sicilian.

Giri admitted he had not looked so deep and at one point sacrificed an exchange to spice things up.

Carlsen, who scored 9 points, thought if anyone was better it was black but simply chose a safer option to close the event. This was Carlsen's seventh victory in the super tournament. Anand has won this event five times earlier.

The charges against the world's second largest smartphone maker include bank fraud, obstruction of justice and theft of technology.

The case could ratchet up tensions between China and the US, and impact the firm's global expansion efforts.

Both Ms Meng and Huawei deny the allegations.

Ms Meng was arrested in Canada last month at the request of the US for allegedly evading sanctions on Iran.

"For years, Chinese firms have broken our export laws and undermined sanctions, often using US financial systems to facilitate their illegal activities. This will end," said US Commerce Secretary Wilbur Ross.

In a statement, Huawei rejected the charges, saying it didn't commit "any of the asserted violations" and that it "is not aware of any wrongdoing by Ms Meng".

It said the allegations were already the subject of a settled civil suit, in which a jury found "neither damages nor willful and malicious conduct on the trade secret claim".

Union Minister for Minority Affairs Mukhtar Abbas Naqvi on Monday said that GST on Haj has been reduced from 18 per cent to 5 per cent and this will significantly lower the air fare thus saving Haj pilgrims’  113 crore rupees this year. 

He was speaking at the inauguration ceremony of a new conference hall and passport section at the Haj House in Mumbai. 

Mr. Naqvi said this for  the first time since the independence that 2,340 women from India will go on 2019 Haj without Mehram.