The FM he said non-performing assets of PSBs have come down by Rs 1 lakh crore.
The deal, which is expected to close in the next four to five weeks, will give exit to investors Alibaba, Abraaj Group and IFC. The parties are awaiting approval from the Competition Commission of India (CCI).
As the coronavirus pandemic is triggering fears of a global recession, foreign investors have started rowing back from the Indian capital markets by withdrawing a massive over Rs 1 lakh crore in March after remaining net buyers for six consecutive months. In order to contain the spread of coronavirus, lockdowns have become a norm the world over and have led the FPIs to adopt a cautious stance, market experts said.
The aim of the mission is to accelerate the development of at least six vaccine candidates and ensure that they are licenced and introduced in market for emergency use at the earliest.
Local trains have been off bounds for the general public since March last year due to the coronavirus pandemic.
Investor wealth zoomed over Rs 10.48 lakh crore in two days as the Budget-driven market euphoria continued to charge bulls on Tuesday.
The new Parliament building will be constructed close to the existing one under the Central Vista redevelopment project, and it is expected to be completed in 21 months.
The average wealth expectancy of those in India with enough disposable income to save and invest is just Rs 3.6 crore and this would give them Rs 93,000 per month to live during retiremen. On an average, this would give the affluent class Rs 93,000 to live on per month during retirement, which is less than both their current income and wealth aspirations.
The scheme is the biggest fiscal component of the Rs 20-lakh crore Aatmanirbhar Bharat Abhiyan package announced by Finance Minister Nirmala Sitharaman last month.
P-note is, however, now not a preferred route for investing in India as Sebi has made registration easier and also desirable for FPIs.
LIC, EPFO and PSBs are likely to be asked to subscribe to bonds.
Liability goes up by Rs 1,000 cr for every Rs 1 change in $ exchange rate
While the authenticity of the video has not yet been verified independently, the BJP dubbed it as 'fake and misleading', and said it has been released to tarnish Mishra's image.
The panel has proposed lower rates of 10 per cent for annual income between Rs 5 lakh and Rs 10 lakh, 20 per cent for income between Rs 10 lakh and Rs 20 lakh. For income of Rs 20 lakh to Rs 2 crore, the suggested rate is 30 per cent.
Abu Dhabi-based sovereign wealth fund Mubadala Investment Co will invest Rs 6,247.5 crore to buy a 1.4 per cent stake in Reliance Industries Ltd's retail arm -- the billionaire Mukesh Ambani-led firm's third such deal in less than two days.
Rough estimates from plantation companies have pegged production loss in excess of 100 million kg (mkg) across India which is valued at around Rs 2000 crore. Usually, plantation companies in Assam and West Bengal produce around 15 per cent of the total tea during March-April.
The government also proposed promoting 'one product one district' for better marketing and export of horticulture crops. It also called on states for early implementation of three key central model laws on land leasing, agriculture produce and livestock marketing and contract farming.
Shahrukh Pathan, who had allegedly pointed a gun at a Delhi Police Head Constable during the 2020 communal riots, on Monday moved a court here seeking discharge from all the offences in the case.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Move to accelerate investments; Japan to have a share in corpus
The outgo for major subsides, is the highest in the first quarter.
OnePlus has over 5,000 offline stores, including partnered stores, across the country, and plans to scale this up to 8,000 stores in the coming quarters.
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.
Amid heightened security across Jammu and Kashmir after the recent bombing of an IAF station by armed drones in Jammu, authorities in the border district of Rajouri on Wednesday ordered ban a on the storage, sale or possession and use and transport of the flying machines.
Till December 2015, the prime minister has flown abroad 19 times, but the bills have been processed only for 2014 till now
Measures to promote ease of doing business, cut in tax rates for smaller enterprises to 25 per cent, and reduction in interest rates are creating the right atmosphere for new businesses to flourish, particularly SMEs.
The department for promotion of industry and internal trade has asked the telecom department and State-owned BSNL to put on hold the tender for setting up 4G network, valued at Rs 9,000 crore, after allegations emerged that the tender favoured foreign companies. The tender was floated by BSNL in March under the new management for setting up the 4G network.
In the current financial year, the Centre released nearly Rs 1 lakh crore compensation to the states till September.
Congress leader Rahul Gandhi appeared before the Enforcement Directorate (ED) on Wednesday for the third consecutive day of questioning in the National Herald money laundering case, with the agency seeking answers on decisions taken with regard to the media organisation and its owner Young Indian.
As many as 48 persons were injured in these incidents and 25 still missing, while so far, 2,29,074 persons have been evacuated from the flood and rain-affected affected areas and moved to safer places, the government said in a statement in Mumbai.
The length of the main trunk pipeline is 1,385 km from Kakinada to Bharuch and 75 km is the length of the spur lines.
HR Guru Mayank Rautela offers practical advice.
The NIA has said its investigation has revealed Waze and other accused had hatched a conspiracy to eliminate Hiran on March 2 and 3.
HR Guru Mayank Rautela offers practical advice.
The procurement will come at a cost of Rs 38,900 crore.
HR Guru Mayank Rautela offers practical advice.
"We see no reason to interfere with the high court order," said a bench of Justices U U lalit, S Ravindra Bhat and Bela M Trivedi, refusing to consider the submissions raised by the NIA which had moved the apex court against the December 1 order.
According to the food ministry, about 142 lakh migrants will benefit in Uttar Pradesh and in Bihar (86.45 lakh), Maharasthra (70 lakh), West Bengal (60.1 lakh), Madhya Pradesh (54.64 lakh), Rajasthan (44.66 lakh), Karnataka (40.19 lakh), Gujarat (38.25 lakh), Tamil Nadu (35.73 lakh), Jharkhand (26.37 lakh), Andhra Pradesh (26.82 lakh) and Assam (25.15 lakh).
RCom is expected to have a 50% stake, Aircel 40% and MTS 10%
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