The World Bank must become Archimedes's lever to help change the world into a more prosperous, inclusive, and sustainable planet in the 21st century. The change in leadership now provides that opportunity, observes Ajay Chhibber.
The curfew imposed under Section 144 of the Code of Criminal Procedure (CrPC) will be relaxed from 7 am to 10 am, it said.
Jet fuel prices on Monday were hiked by a steep 5.3 per cent - the tenth straight increase this year -- to an all-time high, in line with a surge in global energy prices. The price of aviation turbine fuel (ATF) -- the fuel that helps aeroplanes fly -- was hiked by Rs 6,188.25 per kilolitre, or 5.29 per cent, to Rs 1,23,039.71 per kl (Rs 123 per litre) in the national capital, according to a price notification of state-owned fuel retailers. This is the 10th straight increase in jet fuel prices this year.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
New Delhi's upscale Khan Market continues to be the most expensive place to hire a shop in the country, even though its ranking worldwide has dropped by three notches to 31st position.
Painter MF Husain passed into the ages on Thursday. And messages mourning his demise are pouring in from around the world. Rediff.com spoke to eminent artists about their memories of Husain. Here's what they had to say.
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.
Apple's stock market value rose beyond $700 billion.
Pharma major Sun Pharma remained the worst loser in the Sensex pack for the second day in a row after reports that regulator Sebi may reopen the insider trading case against the company.
Should we not be creating roles in India for the talented, asks Ajit Balakrishnan.
Caught in the crossfire of Sino-India border skirmishes and strained by the severe impact of the pandemic on its business, Brand Hector is foregoing the bustle and frenzy for a quiet digital campaign that talks about its British roots, the smart tech powering its drive and its made-for-India models. The tone is subdued and the brand seems to be deliberately playing down its ownership by Chinese company, SAIC.
Markets under pressure; IT financials grab spotlight.
Most of the jewellers who had reopened their showrooms in confusion on Monday, kept shutters down today at Mumbai's Zaveri Bazar and several other places, demanding rollback of the proposal.
The easiest way to explain this away is by dismissing it as a non-representative sample, for such it is in the broad national context. But that would be to miss the point. Admittedly, a database of 10 million rsums from educated people who have access to computers, in a total labour force of 470-odd million and a workforce of 458 million (the difference between the two is the number of unemployed people), is not the ideal database to use for assessing a national problem.
The country, last year, stood at the 27th spot for effective regulation and supervision of securities exchanges.
The government on Tuesday imposed restrictions on sugar exports from June 1, a move aimed at increasing availability of the commodity in the domestic market and curbing price rise. "Export of sugar (raw, refined and white sugar) is placed under restricted category from June 1, 2022 onwards," the Directorate General of Foreign Trade (DGFT) said in a notification. However, it said that these restrictions would not be applicable on sugar being exported to the EU and the US under CXL and TRQ. A specified amount of sugar is exported to these regions under CLX and TRQ.
The last time he left his country was a month after the coronavirus appeared in a market in the Chinese town of Wuhan in December 2019.
King Charles III, Britain's new monarch who ascended to the throne on the death of his mother Queen Elizabeth II, has a strong connection with India and its age-old traditions of Yoga and Ayurveda.
Once the US dollar launches into its final bull leg from the 79 region towards 84, the appreciating currency should put a lot of pressure on commodities that will perhaps trigger the capitulation that the market needs in commodities liker gold, silver and WTI crude, says Sonali Ranade.
Despite a strong start to trade today, key benchmark indices retreated sharply from their higher levels following bouts of profit-taking amid fresh weakness in the rupee against the dollar.
Pope Francis on Sunday condemned the "massacre" in Ukraine and said the "unacceptable armed aggression" must stop.
'At the heart of the strategic relationship between our countries are economic ties.'
The government is not in a "crazy rush" to sell everything and it will continue to have a presence in four strategic sectors, including telecom, Finance Minister Nirmala Sitharaman said on Saturday. In strategic sectors, a bare minimum presence of the existing public sector commercial enterprises at the holding company level will be retained under government control. The remaining enterprises in a strategic sector will be considered for privatisation or merger with another PSE or for closure.
Messi's image is everywhere, adorning the sides of buildings.
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.
'I still feel my body is serving me, is listening to me well. That's the key I think when you get to 35-plus.'
Stock investors can expect another rollercoaster ride on Dalal Street this week as the equity markets remain vulnerable to meltdown in the US sub-prime mortgage
The World Bank has appointed Indermit Gill, an Indian national, chief economist and senior vice-president for development economics at the multilateral development bank. "Indermit Gill brings to this role a combination of leadership, invaluable expertise and practical experience working with country governments on macroeconomic imbalances, growth, poverty, institutions, conflict, and climate change," World Bank President David Malpass said in a statement. His appointment will be effective September 1, 2022.
Markets ended higher, amid firm global cues, and are on track for third straight day of gains.
The first state visit of Prime Minister Narendra Modi to the US is likely to be a defining moment for Indo-US relationship and both sides are working on a robust outcome document that may take up matters that would decide the contour of the bilateral ties for decades to come, according to people familiar with the planning of the high-profile trip.
'Initially, Gift City was just another real estate project, but all that changed with Modi moving to New Delhi,' notes Tamal Bandyopadhyay.
Per capita income has more than doubled to Rs 1.97 lakh in around nine years. Indian economy has increased in size from being 10th to 5th largest in the world in the past nine years. Seven priorities of the Budget, 'Saptarishi', are inclusive development, reaching the last mile, infrastructure and investment, unleashing the potential, green growth, youth power and financial sector.
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.
They will grow at 5.8 per cent a year.
A court document released in July, alleges that Barcelona initiated negotiations in 2011 with the player, paying him 40 million euros to ensure his move when his contract with Santos expired in 2014 and thereby preventing other clubs from signing him.
Your financial goals are of utmost importance and the tax saving is an added incentive, advises Dwaipayan Bose.
Seven months after it was launched in India, Apple is expected to start manufacturing the iPhone 13 at the Foxconn plant in Sriperumbudur near Chennai from April, according to sources. The phones will be for both the domestic and export market. The production of the iPhone 13 in the Chennai plant was meant to start from January but had to be postponed after Apple suspended production following protests in December by women workers about food poisoning. An Apple spokesperson did not respond to an e-mail query.
Indian cricket in 2022 was chaotic, to say the least and messy at most of the time both on and off the field.
President Xi Jinping on Monday vowed to build China's military into a "Great Wall of steel" to protect its sovereignty and developmental interests as he sought a bigger role for Beijing in global affairs, days after brokering a Saudi Arabia-Iran detente, regarded as a diplomatic coup.
