Pentagon on Wednesday said there is a 90 per cent certainty that Pakistan Taliban leader Baitullah Mehsud is dead and it is operating under the presumption that the top militant is no longer a threat to the people of the region. Pentagon spokesman Jeoff Morrell said the Taliban has not been able to provide any evidence contrary to this viewpoint. "We are operating under the assumption -- and it's not just an assumption," he said.
In the manufacturing sector, output is expected to decline by about 70 per cent as only food-processing, and drugs and pharma industries are allowed to operate while other segments, such as engineering and metals, have shut operations.
Has the army confronted China, equipping itself with emergency purchases that have been largely paid for by pensioners, asks Ajai Shukla.
In fact, India's investment activity growth is also estimated to touch a 17-year low in FY20. With overall demand not showing signs of revival, investment activity may take longer to recover, economists said.
Even with more power against the individual than any other modern democratic nation, the Indian government seeks more. Such laws do not exist elsewhere in the civilised world, observes Aakar Patel.
Answering questions on the clashes near Naku La Pass in the Sikkim sector which resulted in injuries to both sides, Chinese Foreign Ministry spokesman Zhao Lijian said that the most pressing issue for the world at present is the fight against the coronavirus.
For starters, the assumption of nominal (ie real plus inflation) GDP growth of 10.1 per cent for 2009-10 seems on the low side if it is assumed, as Mr Mukherjee said, that the worst of the financial crisis is over. Against this backdrop, the assumption of poor tax buoyancy in 2009-10 is confusing.
'All options are there on the table. Yesterday when this terror attack was conducted, we celebrated the 29th anniversary of the full establishment of diplomatic relations between Israel and India, exactly yesterday. So, it may not be a coincidence but all options are being investigated'
The RBI, which has no interest or mechanism to get feedback from bank customers, is unaware of this. If made aware, it remains silent, proving that it has no problem in allowing lenders to short-change its customers, says Debashis Basu.
Assuming the private bank issues 20 billion shares at Rs 10 apiece (with face value of Rs 2 each), the total capital raise will be Rs 20,000 crore. And for the 49 per cent stake, SBI will need to put in about Rs 10,000 crore.
Bharti Airtel called the prices exorbitant while Vodafone Idea wants the auctions take place in 2020. The auctions need to happen when the infrastructure is ready for the roll out, be it in terms of fiberisation levels, or optimisation of equipment and software etc. Spending a hefty amount on a technology (airwaves) that at present offers limited returns is not going to be a priority for the incumbent telcos.
What was the RBI doing, what was the PNB top management doing, what were the auditors doing, asks Debashis Basu.
Remember not to draw inferences or conclusions before reading the options.
Indian Matchmaking has clearly been produced to pander to Western audiences's awful fascination with the institution of arranged marriage, notes Kanika Datta.
'Given the 50 per cent or thereabouts increase in borrowing that has been announced, it is a reasonable estimate to say that at this time, an increase of 1.7-1.8 per cent on the 3.5 per cent budgeted fiscal deficit target is being anticipated,' Chief Economic Adviser Krishnamurthy Subramanian said on Friday.
'India resembles not just the more turbulent bits of its own past, but other 'managed' democracies, where all institutional strength and independence have been hollowed out to serve political power,' notes Mihir S Sharma.
'But the world would be much poorer without economics' contribution to understanding how societies function and without economists' suggestions as to how politicians might improve them. 'And economists themselves could do wonders by simply incorporating the country-specific factors in their econometric models rather than just applying them in toto," say Soumya Kanti Ghosh and Samir K Jha.
The governor said a decision on the issue would be taken in a "just and fair manner" in accordance with the Constitution.
To select the right platform, get the opinions of a few existing users or browse online for feedback. Select a platform that offers a seamless experience. Check that the platform you are going with is a regulated entity, suggests Sanjay Kumar Singh.
Sitharaman's Budget missed deficit target for the third year in a row, pushing shortfall to 3.8 per cent of GDP in the current fiscal as compared to 3.3 per cent previously planned.
This is the highest in the past five years and almost 24 per cent more than last year.
The government would be setting up a National Health Protection Council, National Governance Board and National Health Agency before roll-out of the scheme on August 15.
Mental health and life coach Anu Krishna tells you how to take charge of your life.
In her weekly column, mental health guru Anu Krishna offers advice on how to take charge of your life.
Why did Modi bypass the Cabinet before he committed India to the Rafale deal?
Sources said the rural development ministry has sought an additional Rs 20,000 crore for MGNREGA for 2019-20 over and above the budgeted Rs 60,000 crore for 2019-20. Though, all of the PM-KISAN savings may not be transferred to fund MNGREGA's extra needs, sources said a part of this could be transferred.
The HC was hearing three PILs challenging the restrictions on immersion of idols at the end of the five-day Durga Puja festival.
The report, compiled by COV-IND-19 Study Group, an interdisciplinary team of researchers, said while India seems to have done well in controlling the number of confirmed cases compared to other countries like the United States and Italy in the early phase of the pandemic, the country is critically missing a key component in this assessment -- the number of truly affected cases.
The finance minister could review customs duty on crude oil, other exemptions.
Infosys said it is also "aware of a securities class action lawsuit" that has been filed against the company in a federal court in the US, based on the generalised allegations in the anonymous complaints. The company intends to defend itself vigorously in such a lawsuit.
Melbourne is considered to be the most liveable city in the world.
Morgan Stanley Sales & Trading, US, believes the stock is better value for money than others and has a upside as high as 73 per cent. A slowdown in the economy has hit demand and led to a fall in overall consumption in an auto market which till recently was one of the fastest growing in the world.
"The company has been in touch with the Securities and Exchange Commission (SEC) regarding the anonymous whistleblower complaints (anonymous complaints) and has learnt that the SEC has initiated an investigation into this matter. The company will cooperate with the SEC's investigation," Infosys said in a statement.
Historically, the RBI has tried to keep the crooks at bay by issuing a circular a day. What it needs is more onsite supervision. Merely checking high-frequency data with the help of technology is insufficient, notes Tamal Bandyopadhyay.
'We will have to wait for one more year to cross the 7% mark, which should be possible in the absence of any disruptive reform,' points out CARE Ratings Chief Economist Madan Sabnavis.
The global rating agency has, however, cautioned that India's fiscal position remains 'weak'.
The English Premier League has not played any matches since March 9 due to the coronavirus pandemic but with UEFA having set a deadline of May 25 for leagues to inform them of their re-start plans, the clubs are actively seeking a way to resume the 2019-20 season and finish the remaining nine games. Doing so would ensure they avoid potential financial penalties from broadcasters, crown the champions and decide the questions of European qualification and relegation. The league will hold a meeting with all 20 clubs on Friday and say they are evaluating a number of scenarios - so what are the options?
'But can it afford to present a scenario within the existing legal framework of fiscal consolidation?', asks A K Bhattacharya.
'What we see today is bargaining.' 'The man's family sets a price for him and then they start bargaining.' 'He is sold to the family that offers the highest price.' 'In this market, a woman is just a commodity to be sold because if she remained at home, it is a humiliation for the family.'
Shares of Maruti Suzuki tanked over 5 percent last week on concerns related to its plant in Gujrat. However, its chairman says, company will deliver good results in ensung quarters.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances