While there has been no commitment from the government on the procurement of vaccines, initial volumes, or distribution plans, there is a likelihood that the low interest loans may be made available to these players only when the time to scale up manufacturing arises.
A 1985-batch Karnataka cadre officer, Kharola would be steering the national airline at a time when the government has started the process for its strategic divestment.
DEA officials to push for this at a meeting with FM Jaitley.
Hitting back at the Bharatiya Janata Party for demanding a joint parliamentary committee probe into the 2G spectrum allocation, Finance Minister Pranab Mukherjee on Friday said it had no right to speak on the issue as the Tehelka sting operation had earlier exposed its party president taking a bribe on camera. "People should not forget what we have seen in the earlier regime, what happened in Tehelka. How the president of a national party was found taking money," he said.
The government of India holds 24.5 per cent stake in GSTN while states together hold another 24.5 per cent
The Standing Committee on Petroleum and Natural Gas in a report tabled in Parliament said the proposed formula is a simple average of two methodologies -- price of imports of LNG into India by different suppliers, and weighted average of prices of natural gas prevailing at Henry Hub in USA, National Balancing Point in London and netback import price at the well head of suppliers into Japan.
'The government should refrain from 'adventurism' and 'megalomania'.' 'But this should be true of reckless government action against every Indian, whether or not they are wealthy or have access to the finance minister even when he is in hospital,' says Aakar Patel.
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.
The Pakistan Cricket Board has returned the money it had deducted from the funds of four players after they were fined heavily earlier this year for indiscipline during the disastrous tour of Australia.
The Budget has stuck to annual increases in agri credit targets.
After the initial release of funds, the central government follows certain rules and guidelines before awarding the final aid to any state for a natural calamity.
The Cabinet Committee on Security today took stock of the situation arising out of the Pune bomb blast and is understood to have discussed issues related to the upcoming foreign secretary-level talks with Pakistan.
States also demanded that Budget for 2015-16 should make adequate provisions for central sales tax compensation for early roll out of Goods and Services Tax, a Constitutional Amendment Bill for which was tabled in the Lok Sabha last week.
"My family reputation kept me a silent spectator, as I mutely watched the organisation I founded come to a point where it was publicly auctioned; where my family and myself have been stripped of our legacy, our finances and my personal credibility."
'We get to know secrets such as some of India's top-rated firms do not always make payments when due and many State-owned, listed, enterprises that borrow in bond markets default regularly.' 'Without naming the bank, he says that ever-greening of poor loans by a part of India's shadow banking lay at the doorstep of India's banking, notably 'one private bank'.' Viral Acharya's Quest for Restoring Financial Stability in India won't be music to many ears, observes Tamal Bandyopadhyay.
Banks have issues with their balance sheet profiles, say PSB executives.
The windfall from RBI may be used to trim borrowing, help fund Rs 3.3 lakh crore capex plan, capitalise banks and provide fiscal stimulus to some stressed sectors, experts and economists said.
Top Pakistani officials are refusing to disclose how and on what the country's powerful spy agency Inter Services Intelligence spent a whopping Rs 5.55 billion allocated to it during 2007-08. "This is highly sensitive information and hence I can't talk about it at an open forum," Finance Secretary Salman Siddiqui told the Public Accounts Committee of the National Assembly or the lower house of parliament.
The panel was set up to suggest ways to reform India's monetary policy.
The post of chairman and managing director has been split and the government has appointed managing directors and chief executive officers in four banks -- Indian Overseas Bank, United Bank of India, Oriental Bank of Commerce and Vijaya Bank.
Eminent economist Parthasarathi Shome will be the new advisor to Finance Minister P Chidambaram. He succeeds Vijay Kelkar, whose term ended on August 31.
The government will find it difficult to pass the Bill without the Congress's help
These parties also asked the Centre to present a revised comprehensive economic package that will be a 'true stimulus' and sought reversal of all unilateral policy decisions, especially pertaining to labour laws, as they put forth a 11-point demand charter before the government during a virtual meeting, called by the Congress to discuss the situation arising out of the pandemic as well as the lockdown.
The FRBM report, to be submitted on Tuesday, is likely to have 'excuse clauses', absolving the government of meeting its fiscal commitments under certain conditions such as war or conflict, global economic meltdowns or natural disasters.
Government on Thursday assured the Rajya Sabha that it will look into the charges of corruption in the Commonwealth Games projects in the national capital but ruled out setting up of an apex committee to oversee the Games.
Both leaders also exchanged views on the situations in South Asia, an official Chinese statement said about the meeting between Xi and Khan.
As their parties are locked in a fierce battle for Bengal, Tathagata and Saugata Roy, siblings who belong to the BJP and the TMC respectively, answer the same questions put to them about the assembly election.
After the 18-member 'Assam Advisory Committee' suggested the two organisations to form a political party, a source close to the development said the new outfit will be launched within the next 10 days.
'The new ceiling will cover around 93 per cent of all deposit accounts, up from 90 per cent earlier,' notes Tamal Bandyopadhyay.
The continued suspense over Mahendra Singh Dhoni's future has revived the debate on whether the biggest icons in Indian cricket know when the time is right to bow out of the scene gracefully.
Job openings in the UK will be advertised for four weeks for local workers, before considering a non-European worker for the same position.
Regardless of how the stalemate ends, the government needs to learn that regardless of its parliamentary strength it cannot take people for granted. A little bit of humility would do it a lot of good, recommends Virendra Kapoor.
In spite of receiving much criticism for his Budget, it has to be acknowledged that FM Chidambaram has pulled the right strings to increase allocations in various schemes. He has effectively curbed govt's spending and has also seen to it that money is not misdirected to wrong pockets. Confronted by political demands, he has responsibly maintained fiscal health and political agendas. He has shown finesse in handling political games and deserves credit for his accomplishments.
Why self-audit by NSE, why weren't charges probed under your supervision, ministry asks regulator.
The street-fighter attitude is what keeps Rane going even at 69. The expectation is -- at least in the BJP camp -- that he will be itching for a battle royale with the Shiv Sena in its bastions.
The Congress, which was not a petitioner before the apex court, wants the Rafale deal to be referred to a Joint Parliamentary Committee to go into the price arrived at by the BJP government versus the one negotiated by the previous UPA regime, as also how billionaire Anil Ambani's group with virtually no experience in manufacture of fighter jets was selected as an offset partner for the deal.
The demand for ban on futures trading in more commodities is increasing day by day.
'It's still very early. I have just been handed over the matter and therefore I haven't formed any views on it as yet,' Justice B N Srikrishna tells Pavan Lall.
