Away from the distraction of its new high-profile politics, Wayanad's worries seemed very down to earth, discovers Shyam G Menon.
Iran has offered to help India meet its energy needs by relaunching rupee-rial trade for export of oil and gas, said Iranian ambassador to India Ali Chegeni. Chegeni said if both the countries resume rupee-rial trade, bilateral trade can touch $30 billion. Iran used to be India's second largest oil supplier but New Delhi had to halt imports after the former US president Donald Trump withdrew from the nuclear deal with Iran and re-imposed sanctions on its oil exports.
The Rs 2,500-crore Chowgule Group announced a split on Thursday, with businesses being divided between siblings Vijay and Padma, the third generation of the Goa-based family. After months of dissonance where the young family members had shown discomfort at business affairs in the over-a-century-old, reticent group, the family arrived at an amicable settlement of businesses on Wednesday in a meeting, a source told PTI. As part of the settlement, termed as a group "restructuring" exercise, Padma Chowgule will get control of the mining, pellets, salt, shipbuilding and educational institutes, according to an official statement.
The popular National Electronic Funds Transfer (NEFT) system for online transfer of funds will remain unavailable for 14 hours from Saturday mid-night till Sunday afternoon due technical upgrade, the Reserve Bank of India said on Monday. National Electronic Funds Transfer (NEFT) is a nation-wide centralised payment system owned and operated by the Reserve Bank of India (RBI). It is available round the clock availability on all days of the year.
"We've been told every time that... (the phone call) will happen, it's technical reasons or whatever. But frankly, people don't believe it," he said. "If a phone call is a concession, if a security relationship is a concession, Pakistan has options," he added, refusing to elaborate.
The dispute arose after Nissan alleged that Tamil Nadu hadn't paid certain incentives under a 2008 agreement to set up a car plant at Oragadam, near Chennai.
Speaking on the occasion, Modi said the flag unfurled at the temple is not just symbol of our spirituality, but shows that our faith remains strong despite passage of centuries, and added that the centres of faith and spiritual glory of India are now being re-established.
Pakistan's nuclear arsenal is 'simply a deterrent' to protect the country and there will no longer be any need for it once the Kashmir issue is resolved, Prime Minister Imran Khan has said as he asserted that if the Americans have the resolve and the will, the issue can be sorted out.
A court in Canada has ordered the seizure of amounts collected by the International Air Transport Association (IATA) on behalf of Air India and the Airports Authority of India (AAI). Separate orders were passed on November 24 and December 21 on pleas by shareholders of Devas Multimedia Private Limited who have filed multiple petitions to enforce arbitration awards against the Indian government. According to a Devas spokesperson, more than $30 million has been seized to date under the IATA action.
The winners of the Natural History Museum's prestigious Wildlife Photographer of the Year competition were announced at an awards ceremony in London. American photographer Karine Aigner was announced as this year's Wildlife Photographer of the Year.
India said on Tuesday that terrorist safe havens and sanctuaries must be dismantled immediately and terrorist supply chains disrupted for enduring peace in Afghanistan as it called for zero tolerance for terrorism in all its forms and manifestations including cross-border attacks.
They may accept revision of pension once in two years instead of one year as demanded by them.
As many as 8.5 lakh bank employees are set to benefit from the wage hike, which will be effective from November 2017.
Of the 2,562 customer complaints received between January 2020 and March 2021, a majority relate to illegal apps. At least two dozen suicide cases have been reported, perpetrated by the harassment by loan app operators, points out Tamal Bandyopadhyay.
The Enforcement Directorate (ED) on Thursday said it has arrested Karvy Stock Broking Limited (KSBL) CMD C Parthasarathy and group CFO G Krishna Hari in connection with a money laundering investigation linked to alleged diversion of clients' securities of over Rs 2,873 crore. The agency produced the two-- already lodged in central jail, Bengaluru after being arrested by the police-- before a special Prevention of Money Laundering Act (PMLA) court in Hyderabad on January 20 and on January 25 it remanded them to four days of ED custody from January 27-30, it said in a statement. The ED case, filed under the criminal provisions of the PMLA, is based on multiple Telangana Police FIRs filed by the HDFC Bank, few other banks and investors alleging clients' securities were illegally diverted by Karvy Stock Broking Ltd and these were later pledged with banks and non banking financial companies (NBFCs) for loans which were later "defaulted".
'The entire public needs to be evacuated immediately. Any day, the entire town can collapse.'
India's largest IT services firm Tata Consultancy Services (TCS) on Wednesday said its up to Rs 16,000-crore share buyback programme will commence on December 18 and close on January 1, 2021. Last month, TCS shareholders had approved a proposal to buy back up to 5,33,33,333 equity shares of the company at Rs 3,000 per scrip for an aggregate amount not exceeding Rs 16,000 crore.
The Reserve Bank of India (RBI) has announced a dollar-rupee two-year sell-buy swap auction for $5 billion on March 8, which will suck out rupee liquidity from the system. The swap will be in the nature of a simple sell/buy foreign exchange from the RBI side, in which a bank will buy US dollars from the central bank and simultaneously agree to sell the same amount of US dollars at the end of the swap period. "With a view to elongating the maturity profile of its forward book and smoothen the receivables relating to forward assets, it has been decided to undertake sell/buy swap auction of $5 billion on March 8, 2022," the RBI said in a statement. The auction cut-off will be based on the premium amount in paisa terms up to two decimal points.
Sanjib Jha, CEO, Coverfox Insurance Broking, answers your health insurance related queries.
'Countries around the world are like passengers aboard the same ship. For the ship to navigate the storm and sail toward a bright future, all passengers must pull together'
To minimise hardship for legal heirs, home loan borrowers must purchase additional insurance cover while taking a home loan.
'The escalation of tension along the border of Ukraine with the Russian Federation is a matter of deep concern'
One smells a rat when cases are settled for too small a price offered either by the highest bidder or the promoter -- within and outside the legal ambit of insolvency process, observes Tamal Bandyopadhyay.
Ahead of signing of the deal, US Secretary of State Michael Pompeo said the United States will closely watch the Taliban for their compliance with their commitments and calibrate the peace of the American withdrawal from Afghanistan with the group's action.
How the Johnny Depp-Amber Heard relationship evolved and dissolved.
Zostel could get upwards of $600 million if arbitration goes through.
The three options are - a one-time settlement, restructuring of loans and of course go to IBC.
'Transformation of Ukraine into some kind of permanent strategic challenger, which Russia would have to contain and deter, spend a significant part of political and strategic resources on it.'
As US President Joe Biden launched a new trade deal with 12 Indo-Pacific nations, including India, to enhance trade, economic and investment opportunities, China, which sees the pact as a threat to its dominance in the region, went on the offensive against it, promising more opening up, while the official media here termed it as "economic Nato".
Farmers had threatened to block other roads of Delhi in the coming days if the new agriculture laws are not scrapped soon.
Individual banks should break away from the industry pact and have their own settlements with the unions, recommends Tamal Bandyopadhyay.
Buoyed by Sooryavanshi's success, the Hindi film industry is banking on 25-30 big movies lined up with a collective cost tag of Rs 2,000 crore.
Britain's Cairn Energy has secured a French court order to seize 20 Indian govt properties to recover arbitration award, it is learnt.
Sources said the parties have sought settlement under the provisions of The Places of Worship Act, 1991 which provides that no dispute with regard to any mosque or other religious places, which have been constructed after demolition of temples and are existing as in 1947, would be raised in a court of law.
The Budget proposed abolishing the under-performing, authority of advance ruling, to replace it with a two-member board of advance ruling.
Loans for Indian airlines have dried up as banks have become cautious to lend to the sector.
Atmar briefed Jaishankar about the situation in the war-torn country amid growing security concerns over the Taliban fighters rapidly seizing control of a large number of areas, forcing many countries to scale down their presence there.
Special envoys of China, Russia and Pakistan have met the top officials of the Taliban's interim government as well as Afghan leaders Hamid Karzai and Abdullah Abdullah in Kabul and discussed the formation of an inclusive government, combating terrorism and humanitarian situation, a top Chinese official said on Wednesday.
The Chinese authorities have been rapidly building defence infrastructure along the Line of Actual Control, indicating that they are preparing for a long period of tension with India, points out Jayadeva Ranade, the former senior RA&W officer and China expert.
HCL Tech was the top gainer in the Sensex pack, rising over 4 per cent, followed by HDFC Bank, Infosys, NTPC, Nestle India, TCS and HUL. NSE Nifty surged 337.80 points to 14,845.10.
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