The number of people who have recuperated from the disease surged to 1,02,28,753, pushing the national COVID-19 recovery rate to 96.66 per cent.
Moody's Investors Service on Wednesday slashed India's growth projection to 9.6 per cent for the 2021 calendar year, from its earlier estimate of 13.9 per cent, and said faster vaccination progress will be paramount in restricting economic losses to June quarter.
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.
Had Finance Minister Sitharaman thought a little more about the middle class, disadvantaged sections, and the poor who are struggling, it would have been an inclusive Budget that would have made history, notes Ramesh Menon.
"The penalty has been imposed in exercise of powers vested in RBI under the provisions of section 47 A (1) (c) read with section 46 (4) (i) of the Banking Regulation Act 1949, taking into account the failure of the bank to adhere to the aforesaid direction issued by RBI," said the central bank in a statement. This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers, the RBI added.
A special court on Monday asked the Central Bureau of Investigation to clarify whether "rule of law" was followed in allocation of coal blocks to top industrialist Kumar Mangalam Birla's Hindalco.
Aggressive testing, timely diagnosis and effective management of patients either through supervised home isolation or active medical attention in hospitals have led to a surge in recovered cases which exceed active COVID-19 cases by 2,72,191 as on date
Lashing out at the micro-blogging platform over non-compliance, Prasad said that it is "astounding" that Twitter that portrays itself as the flag bearer of free speech, chooses the path of deliberate defiance when it comes to the intermediary guidelines.
The active COVID-19 caseload remained below three lakh for the 18th consecutive day.
The Bombay high court on Friday asked the Union government what was the need to introduce the recently notified Information Technology Rules, 2021 without superseding the existing IT Rules that came into effect in 2009.
Whether the third wave will ravage us depends on the pace of vaccinations, careful and calibrated opening up of establishments, and a strategy to contain the spread in specific states or pockets.
'The MEA, hopefully, made it clear that the Indian PM can't be seen in Xi Jinping's company when China has, for all intents and purposes, annexed over 1,000 sq kms of Indian territory in eastern Ladakh, and essentially that the Wuhan spirit and the Mamallapuram spirit have turned into vinegar.'
The ruling was made by the Securities Appellate Tribunal, an independent quasi-judicial body that rules on appeals against orders passed by the Sebi.
With diesel cars set to become costlier from next year with the implementation of stricter BS-VI emission norms, major automakers in India are contemplating about the future of such vehicles in their portfolios.
'He is not that crazy.' 'He is driven by a deep sense of Russian power have been diminished.'
The move assumes significance as a series of reports recently citing internal documents showed "a struggle with misinformation, hate speech and celebrations of violence" in India - Facebook's biggest market with over 40 crore users.
With 3,000 tonnes of imported onion entering the market over the next fortnight, the price should start cooling off. Soon after, the new crop of onions will arrive, further reducing prices.
MGNREGA scheme: A significant Rs 17,370.58 crore has been carried forward over to the next financial year as unpaid dues as demand for work continued unabated for the scheme in rural areas.
Registering a steady increase for the 34th day in a row, the number of active cases rose to 12,64,698, or 9.24 per cent of the total infections.
The Survey adopts an unfettered approach in thinking about the appropriate economic model for India. This endeavour is reflected in the sky blue cover of the Survey, Chief Economic Adviser Krishnamurthy V Subramanian said.
Who do you think should be part of India's playing XI for the third Test in Ahmedabad?
GST revenue for the month of June stood at Rs 92,849 crore, a 2 per cent increase over the same month a year ago, the Finance Ministry said on Tuesday. The gross GST revenue collected in the month of June 2021 stands at Rs 92,849 crore of which central GST is Rs 16,424 crore, state GST Rs 20,397, Integrated GST Rs 49,079 crore (including Rs 25,762 crore collected on import of goods) and cess is Rs 6,949 crore (including Rs 809 crore collected on import of goods), the ministry said. The GST revenues for the month of June 2021 are 2 per cent higher than Rs 90,917 crore collected in June 2020.
One in three professionals in India is burnt out due to increased workload and stress, as the pandemic forces them to work remotely, even as the majority of the workforce feels they would want to return to work in some form, a study by professional network LinkedIn has found. LinkedIn on Tuesday launched findings of the "Future of Work" perception study by research firm Censuswide that focuses on the insights of 1,108 respondents in the age group of 16 to 68, who have worked from home during the pandemic due to Covid-19 restrictions. The survey captures the sentiment of the Indian workforce towards the impact of remote work, their plans to return to work, and work model preferences for the future.
Sharpening its attack on West Bengal Governor Jagdeep Dhankhar on Tuesday, a day after Chief Minister Mamata Banerjee claimed that his name figures in the Jain Hawala scandal, the Trinamool Congress said it will think of ways to step up the demand for his dismissal.
The tragedy comes two days after 22 COVID-19 patients who were either on ventilator or oxygen support, suffocated to death when their oxygen supply stopped suddenly due to a malfunction in the main storage at a civic hospital in Nashik.
But there are challenges, observes Tamal Bandyopadhyay.
The action is based on deficiencies in regulatory compliance and not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers, RBI said.
Half-centuries from Mohammed Rizwan and Babar Azam helped Pakistan outclass Namibia by 45 runs to storm into the semi-finals of the T20 World Cup in Abu Dhabi on Tuesday.
The government's predicament is a result of its own doing: That of not ensuring adequate buy-in by the stakeholders before passage of the laws, notes Vivek Gumaste.
India captain Virat Kohli on Saturday hit out at the 'bunch of spineless people', reacting strongly to the torrent of social media abuse that was aimed at his pacer Mohammed Shami over his religion.
However, the government's draft policy on e-commerce companies has forced consumer companies to also adapt to the changes. For Dabur India, e-commerce channel continues to be a key driver of growth in urban India. The contribution of online sales to its entire portfolio is at six per cent compared to 1.5 per cent before the pandemic.
Markets regulator Sebi on Monday imposed a penalty of Rs 25 crore on Yes Bank in the matter of misselling the lender's AT-1 bonds few years ago. Besides, the watchdog has imposed a fine of Rs 1 crore on Vivek Kanwar, who was the head of the private wealth management team, and Rs 50 lakh each on Ashish Nasa and Jasjit Singh Banga. The two individuals were part of the private wealth management team at the time of violation. They need to pay the penalty within 45 days, Sebi said in its order.
The government had issued standard operating procedures for devotees and officials managing places of worship to ensure strict implement of coronavirus-related protocols and curb spread of the infection.
When Finance Minister Nirmala Sitharaman tables her Budget on February 1, the numbers could be something to cheer.
It also granted protection from arrest to Amazon Prime Video's India head Aparna Purohit in first information reports lodged over web series Tandav.
India is expected to harvest 291.95 mt of foodgrain in 2019-20
A closer look at the data reveals that a lot of the items are not part of this calculation. The notable ones include buffalo meat, marine exports, raw cotton, and plantation crops such as tea, coffee, rubber, etc.
'It will take a long time for people's memory to be misled by a prime minister who is so arrogant and who refuses to acknowledge his own faults.'
'We do not know when we will get to the business-as-usual mode.' 'Many borrowers may not be able to pay up.' 'The incidence of cheque bouncing has doubled or even trebled, some lenders say,' says Tamal Bandyopadhyay.
Maharashtra and Punjab, which are recording a surge in new COVID-19 cases, tightened curbs on Friday and the chief minister of the western state said lockdown is an option, as India added close to 40,000 cases in the biggest daily increase in nearly four months.
