Signalling stepped up operations in junglemahal after withdrawal of the offer of ceasefire by the Maoists and the killing of two Trinamool Congressmen, the West Bengal government has recalled senior Indian Police Service officer Manoj Verma as superintendent of police, counter insurgency force.
The Reserve Bank of India's (RBI's) move to ban Mastercard from issuing new cards for not complying with the local data storage guidelines may hit five private banks, a non-bank lender, and a major card-issuing company. The impact is expected to be felt for a few months as these players transition to other card networks. According to Nomura Research, RBL Bank, YES Bank, and Bajaj Finserv are the ones most impacted by the ban as all their credit card schemes are allied to Mastercard. Among others, IndusInd Bank, Axis Bank and ICICI Bank have 35-40 per cent of their credit card schemes tied to Mastercard, the report said.
One of the major advantages of buying Iran crude is the additional credit period of 90 days that the country gives to India, compared to 30 days by other countries.
The bomb attack on West Bengal minister Jakir Hossain snowballed into a political controversy with Chief Minister Mamata Banerjee alleging that it was a preplanned conspiracy as certain people were 'pressuring' him to switch over to another party, while opposition parties demanded National Investigation Agency (NIA) into the issue.
"The rest of the world should pass a motion of thanks to India for keeping its emission at a level which actually is below the level required to achieve climate sustainability," says Montek Singh Ahluwalia, a key member of Prime Minister Manmohan Singh's economic team.
US sanctions against Iran kick in from November 4, which will block payment routes. Sources said India and Iran are discussing reverting to rupee trade after November 4.
"We will be guided by our national interest," he said.
The government can argue the change targets only those residing abroad but the fact remains that it does affect the kin and friends in India of non-residents.
'Wine is an indicator of the quality of life,' says Alok Chandra.
Imported components account for up to 30% of the firm's total production cost.
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