Unfortunately, in India, infrastructure projects are lost in a miasma of political and personal vanity, observes Shyam G Menon.
All special trains -- 15 pairs running on the Rajdhani routes since May 12 and 100 pairs of mail/express trains operating since June 1 -- will continue.
Relaxing FDI norms will provide a major impetus to employment and job creation.
A bench of Justices S J Kathawalla and Madhav Jamdar gave permission after the Maharashtra government granted hearing to a local Shia Muslim organisation that had petitioned the court seeking permission for a symbolic procession for Muharram amid the Covid-19 pandemic.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
The BJP stormed back to power in the crucial state of Uttar Pradesh, trouncing its main rival SP, with Chief Minister Yogi Adityanath asserting that people have buried the politics of caste and religion.
The government further defended its move to introduce fixed-term employment, insisting that the present system of hiring workers through contractors is exploitative.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Russia is among the top buyers of Indian tea, accounting for about 18 per cent of the industry's total exports.
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.
Meanwhile, Prime Minister Narendra Modi expressed anguish at the loss of lives in Uttarakhand and noted that rescue operations are underway to help the affected.
A Congress leader said that party president Sonia Gandhi and MP Rahul Gandhi have decided to organise the yatra 'to remind our new generations about the sacrifices made by our leaders in achieving freedom from the British Raj'.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
"The Delhi government will function on the principles of these two freedom fighters," Kejriwal said.
Telecom operator Bharti Airtel on Friday said it has paid Rs 15,519 crore to the government towards prepayment of its entire deferred liability pertaining to spectrum acquired in the 2014 auction. The company had acquired 128.4 MHz spectrum (including Telenor spectrum) for a consideration of Rs 19,051 crore in the 2014 auction, Airtel said in a statement. The company estimates that the prepayment to Department of Telecom (DoT) will likely result in interest cost savings of at least Rs 3,400 crore over the residual life for fully substituted capital.
The change in leadership at the railway ministry comes at a time when the national transporter is grappling with low passenger earnings even as it is trying to increase freight loading and open up its doors to private investment. Union Minister Ashwini Vaishnaw took charge from Piyush Goyal who got the railway portfolio in 2017 after Prime Minister Narendra Modii dropped Suresh Prabhu from the Union Cabinet. Completing freight corridors, negotiating land for the bullet train, and speeding up monetisation plans would be some of the major focus areas for Vaishnaw.
Telecom operator Bharti Airtel Chairman Sunil Mittal on Wednesday said the telecom sector reforms approved by the Cabinet will ensure that the industry is able to invest fearlessly, and the company will respond to Prime Minister Narendra Modi's call to invest and accelerate the country's growth. Among a series of breathers for the stressed telecom sector, the Cabinet has approved the inclusion of revenues earned only from telecom services in the adjusted gross revenue (AGR), and the removal of penalty on dues to be paid to the government prospectively. Mittal congratulated and thanked the government for undertaking these seminal reforms to lift an industry that is at the core of his Digital India vision.
Leonard Barsoton of Kenya and Ethiopia-based Bahraini athlete Desi Jisa set new course records in the men's and women's elite international section en route to winning titles at the Tata Steel Kolkata 25K marathon.
Addressing the annual Dussehra rally at the iconic Shivaji Park ground in Mumbai, Thackeray lashed out at Shinde, whose rebellion in June this year brought down the Thackeray-led Shiv Sena-NCP-Congress government in the state.
There are 2.5 lakh undocumented Indians across the United States. While President Barack Obama's executive order last week does help, only the US Congress can really address the needs of those caught in the immigration tangle.
Nearly 6,000 passengers were stranded as train services on the Konkan Railway route in Maharashtra's Ratnagiri district were suspended on Thursday after a river overflowed following heavy rains, while incessant downpour badly hit road and rail traffic in several parts of the state, including around Mumbai, as authorities called in NDRF to help the administration in rescue efforts.
Jet Airways will restart domestic operations by the first quarter of 2022 and short haul international flights by the last quarter of the next year, Jalan Kalrock Consortium, the winning bidder for the grounded airline, stated on Monday. The first flight of Jet Airways would be on Delhi-Mumbai route, it mentioned, adding that the airline would now be headquartered in Delhi instead of Mumbai. The National Company Law Tribunal (NCLT) in June this year had approved the Jalan Kalrock Consortium's resolution plan for Jet Airways, two years after the once-storied full-service carrier went into insolvency proceedings.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Planemakers have started pitching their latest aircraft to a privatised Air India which has been acquired by salt-to-steel conglomerate Tata Sons. European aerospace major Airbus on Monday said that it is in talks with the airline to sell its long haul aircraft Airbus A350-900. The wide-body aircraft is capable of flying non-stop between India and United States- one of the most popular and revenue generating routes.
The Income Tax Department has detected "concealment of income" to the tune of Rs 17 crore after recent raids on institutions linked to former Maharashtra home minister Anil Deshmukh and his family members, official sources claimed on Monday.
A round-up of Day 4 of the Ranji Trophy quarter-finals on Friday.
Security agencies are also working in close coordination with the US Secret Service, officials said. In Ahmedabad, over 10,000 policemen from different parts of Gujarat have been deployed at strategic locations as part of the elaborate security arrangements, officials said.
Prohibitory orders were imposed in parts of Ranchi city after some policemen, including an Indian Police Service officer, and others were injured in Ranchi on Friday while trying to control a mob near a temple, an official said.
This can mean companies like Apple, Zara can sell in India through wholly-owned subsidiaries
'Suicide rates among Indian farmers were a chilling 47 per cent higher than they were for the rest of the population in 2011. In some of the states worst hit by the agrarian crisis, they were well over 100 per cent higher. In Maharashtra, farmers were killing themselves at a rate that was 162 per cent higher than that for any other Indians excluding farmers. A farmer in this state is two-and-a-half times more likely to commit suicide than anyone else in the country, other than farmers,' says P Sainath.
Civil Aviation Minister Hardeep Singh Puri Monday said the Airports Authority of India (AAI) will continue to receive revenue share after the government sells its stake in the airports in Delhi and Mumbai. "Those who are raising concerns should also know that the Delhi's airport and the Mumbai airport are on a 60 yr lease. "These & the 6 other airports will be back with AAI after the lease period. So, nothing as they claim, is being 'sold out!" he said on Twitter. Congress leader Rahul Gandhi on Monday attacked the government over reports that it plans to sell its residual stake in the already privatised Delhi, Mumbai, Bengaluru and Hyderabad airports, alleging that such privatisation hurts the public and benefits only a handful of cronies.
Pint-sized 13-year-old Momiji Nishiya took gold in street skateboarding -- new to the Olympics in Tokyo -- while in one of the Games's staple sports a "Terminator" hunted down a dominator to set the swimming pool alight.
More than 60 small and medium enterprises (SMEs) are expected to tap the market in one year to raise equity funds for supporting their business requirements, a BSE top official said on Wednesday. These companies will get listed on the exchange's SME platform, Ajay Thakur, head of BSE SME and Startup told PTI. Last year, only 16 SMEs had tapped the initial public offering (IPO) route and raised Rs 100 crore.
'The rail network all across the state of Punjab is presently totally clear for uninterrupted movement of goods trains,' a home department statement said in Chandigarh. However, hours after the Punjab government's statement, the Railways accused it of 'misguiding' people over the extent of blockade of rail tracks in the state by the protesting farmers.
With capacity for 110,000 spectators, the Motera Stadium will dislodge the Melbourne Cricket Ground as the world's largest cricket stadium.
Railways Ministry spokesperson Anil Saxena said several people have been rushed to nearby hospitals with injuries, and the casualties may go up.
'The partnership of Amit Shah and Narendra Modi has made their biggest mistake. They have been very successful for their party in the last two years, but this batting pair has made the biggest political mistake of their life so far, which is calling Kejriwal a chor. It will backfire on them.'
Round-up of Ranji matches played on Tuesday.
IPO-bound mobility platform Ola, said it has successfully raised $500 million via a Term Loan B (TLB) from marquee international institutional investors. This term loan has no impact on the valuation of Bhavish Aggarwal-led Ola. The Bengaluru-based firm recently raised $139 million. This is part of a $1 billion funding round for which the company is in talks with investors, increasing its valuation to about $7.5 billion, according to the sources.
