'I need 3-4 lakhs for the wedding. All prospective grooms demand a motorcycle which costs 1 to 1.5 lakhs, then you have to also give a bed, cupboard, utensils, fridge,' says Kamala, her wrinkled forehead furrowing with despair.
The UK government on Sunday announced that it will support "iconic British brand" Jaguar Land Rover (JLR) with a loan guarantee of up to 1.5 billion pounds to give certainty to the Tata Motors owned carmaker's supply chain following a devastating cyber-attack. The loan will come from a commercial bank, backed by the Department for Business and Trade's (DBT) Export Development Guarantee (EDG), provided by export credit agency UK Export Finance, to be paid back over five years.
Despite corporate bond yields hardening by 20-25 basis points, Indian corporates are not warming up to bank funding for their capital expenditure needs as bank lending rates remain elevated due to the higher cost of liabilities, compared to current rates in the debt capital market.
Lok Sabha Speaker Om Birla recognised Rahul Gandhi as the leader of opposition on Wednesday, a day after the Congress communicated its decision to name him for the position to the Lok Sabha Secretariat.
Mounting repayment pressure for some borrowers, particularly micro, small and medium-sized enterprises, amid India's interest rate hikes will test banks' loan underwriting quality, Fitch Ratings said on Thursday. However, asset-quality risks from higher rates should generally be moderate for most banks, it said in a statement. Higher rates will also affect securities valuations and could make it harder for banks to raise fresh capital, particularly at state banks, although wider net interest margins (NIM) will have offsetting positive credit effects, it added.
The retired president is also entitled to a secretarial staff consisting of a private secretary, an additional private secretary, one personal assistant, two peons, and office expenses up to Rs 1 lakh per annum.
For Pinarayi, a victory in Thrikkakara would have come as public endorsement of his development initiatives, including controversial K-Rail project, which has witnessed widespread protest
Asking people to cooperate by wearing face masks and maintaining social distancing, he said officials have been instructed to take strict measures against those not wearing masks from Tuesday itself.
A former aide of A Raja and key witness in 2G spectrum case on Wednesday failed to recall in a Delhi court if the ex-telecom minister had discussions on telecom issues with his erstwhile senior cabinet colleagues Pranab Mukherjee and P Chidambaram before sending the letters to the Prime Minister in November and December 2007.
After a month of protest against commencement of trial, former Telecom Minister A Raja on Thursday opened his defence with the cross-examination of key Central Bureau of Investigation witness Aseervatham Achary, who was his former additional private secretary.
Former telecom minister A Raja, who has so far not cross-examined any witness in the 2G case trial, is likely to open his defence next week by questioning his former additional private secretary Aseervatham Achary, a prosecution witness, sources said.
A Raja, former telecom minister and the key accused in the 2G scam, on Friday accused the Central Bureau of Investigation in a Delhi court of making his ex-aide Aseervatham Achary a "false witness" to depose against him. "He is a created false witness and this is my ultimate case," senior advocate Sushil Kumar, who is defending Raja, contended before Special CBI Judge O P Saini.
A key 2G case witness and ex-aide of A Raja on Monday told a Delhi court that the former telecom minister was in touch with Swan Telecom promoters, Shahid Usman Balwa and Vinod Goenka and Unitech MD Sanjay Chandra and had cleared their projects during his stint with ministry of environment and forests in 2004-07.
Critics said a 10-plus per cent annual increase in incomes is a tall order, given that between 2002-03 and 2012-13, farm incomes grew yearly by 3.6 per cent.
Sun TV's stock ended the day with a loss of 4.84 per cent at Rs 392.10 on the BSE. During the day, it lost 9.54 per cent to Rs 372.70.
Besides pressing into service 3,000 additional buses, the government has issued two helplines -- 011-42400400 and 011-41400400 -- for people to register their complaints and suggestion in connection with the scheme.
Sibal took the action following a complaint filed by National Brain Research Institute Director Dr Vijayalakshmi Ravindranath.
Maran was called on Monday but he skipped the scheduled meeting.
The condition of Union Commerce Minister Murasoli Maran, undergoing treatment in a hospital in the United States, has suffered a "set back".
The Central Bureau of Investigation on Wednesday night arrested three people, including V Gowthaman, the then additional private secretary of Dayanidhi Maran, in connection with alleged allotment of more than 300 high-speed telephone lines to the then telecom minister's residence in Chennai which were extended to his brother's TV channel.
Reeling under the pressure of two catastrophic aviation tragedies, Malaysia Airlines is mulling a name change and restructuring of routes in a bid to repair its reputation, a media report has said.
A day after Central Bureau of Investigation arrested his close aide and 2 others in illegal telephone exchange case, former Telecom Minister Dayanidhi Maran on Thursday charged the agency with trying "to fix" him to please an Rashtriya Swayamsevak Sangh leader from Tamil Nadu.
The former Haryana chief minister is facing a court case over land deals in Manesar.
Private banks are assumed to be more efficient at intermediating between depositors and investors.
With India lagging behind on several human development indices including healthcare and education, the Union government's decision to up the spending on these sectors is a step in the right direction. However, much more needs to be done in the way of increasing accountability and arresting corruption if headway is to be made on these fronts, says Devanik Saha.
Companies use journalists as conduits.
Complying with the Supreme Court directive, the Union home ministry has asked all states to ban across-the-counter sale of acid in the wake of rising incidents of attacks on women using the chemical.
The Prime Minister's Office has clarified that the total sanctioned strength of the PMO has been around 525 in the period 2011-14. As against this, the actual strength of the PMO in the years 2011, 2012 and 2013 was in the range of 407 to 411. The number has now declined to 385.
The elements are all aligned to make India a global powerhouse, says IMF Managing Director Christine Lagarde.
Moving ahead with their new mantra -- Chalein Saath Saath: Forward Together We Go -- Prime Minister Narendra Modi and United States President Barack Obama on Tuesday vowed to deepen cooperation in every sector for the benefit of global stability and people's livelihoods over the next ten years.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances