29 years ago, Karnataka was hurled into a huge political crisis after MLAs withdrew support to S R Bommai's Janata Dal ministry. As the governor recommended that the chief minister be dismissed and President's Rule imposed in the state, then President R Venkataraman disagreed with Rajiv Gandhi's Cabinet and argued that 'the question whether a ministry commanded the confidence of the assembly should be tested in the House and not by the governor.' A fascinating excerpt from President Venkataraman's My Presidential Years, published with the kind permission of the publishers HarperCollins India.
The 12-day strength and conditioning pre-season camp, ahead of Mumbai Indians's first game on March 27, is being held at their in-house training facility at the Reliance Jio Stadium in Navi Mumbai.
The minister said the Constitution of India is a 'religious document' for everyone, especially the government, and 'anything which is alien to the Constitution merely because of the decision taken by the courts or some judges, how do you expect that the decision will be backed by the country'.
'His music compositions were like a canvas painting.' 'The flow of notes, its juxtaposition with the rhythm gave a visual movement to the songs.'
Both Houses have been witnessing a ruckus over the Rafale fighter jet deal and Cauvery river issue, among other matters.
Will open radio access network technology (O-RAN) disrupt the way 5G networks roll out in the country? After all, it promises to offer a substantially lower capital cost, enables the choice of an array of vendors, and provides more network flexibility - all very important for telcos who expect to invest over Rs 60,000 crore to roll out a pan-India 5G network and that's without spectrum costs. But more importantly, it counters the stranglehold of global telecom gear makers such as Ericsson, Nokia, and Samsung over telcos to whom they sell propriety technology and bundled hardware and software.
The Supreme Court on Friday rejected the NIA's application and ordered social activist Gautam Navlakha to be put under house arrest within 24-hours after shifting him from Taloja jail in Navi Mumbai.
Reserve Bank of India Governor Shaktikanta Das on Monday stressed on achieving 100 per cent self-sufficiency in banknote manufacturing in the near future. He was speaking after dedicating Varnika, the ink manufacturing unit of Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL), to the nation in Mysuru. BRBNMPL, a wholly-owned subsidiary of the RBI, has set up Varnika with an annual ink manufacturing capacity of 1,500 MT to enhance the security of banknotes.
India's residential market is expected to sustain demand momentum despite rise in mortgage and property rates as sales this year across the top 7 cities are likely to breach pre-pandemic level of 2.62 lakh units, industry players said. After braving four back-to-back disruptions in form of demonetisation, RERA, GST and COVID-19 in the last 6 years, industry experts feel the housing market is going through a lot of structural changes and is now at the start of a long-term upcycle. Homebuyers body FPCE gives credit to the Real Estate Regulatory Authority (RERA) under the Real Estate (Regulation & Development) Act, 2016 for this improved buying sentiment.
The procurement proposals were approved by the Defence Acquisition Council headed by Defence Minister Rajnath Singh, the ministry said.
No matter how smug they sound on the surface about the potential of the dissenters to disturb the proverbial applecart, the Congress and the BJP know that their electoral calculations are precariously hinged in a seemingly tight contest.
The Prime Minister will commission INS Vikrant at Cochin Shipyard Limited in Kochi and during the event, he will also "unveil the new naval ensign (Nishaan), doing away with the colonial past," the PMO said in a statement.
Close to six months since the launch of Tata Neu, the super application (app) from Tata Sons Group is all set for a revamp. The highlights include a reimagined rewards programme or NeuPass, a more seamless user experience by increasing the digital maturity of brands, adding more brands to the platform, and hiring category leaders to drive the next phase of growth. When it comes to brands, Titan will join Tata Neu by Diwali. Tata Motors and Air India will be on board after the Festival of Lights.
To set up a future-ready administration geared towards the target of $2 trillion exports by 2030, the Department of Commerce has decided to set up a dedicated trade promotion body to drive overall promotion strategy, export targets, and execution as part of a restructuring exercise. The trade promotion body will formulate and drive overall trade promotion strategy; create and drive India's branding across focus markets and sectors; drive coordinated action across missions, states and export promotion councils; strategic initiatives, including advisory and buyer-seller meet; and develop digital platforms for exporters and buyers. Based on a 14-volume 'restructuring dossier' by the Boston Consulting Group, the commerce department has already implemented some of the recommendations.
As many as 174 members voted in favour of the motion in the 342-member House while members of the ruling Pakistan Tehreek-e-Insaf were absent during the voting.
Housing sales mostly declined during the first and the second wave of the coronavirus pandemic but prices did not fall in most of the cities but rather increased in some cities, according to the Economic Survey 2021-22. The pre-Budget document also highlighted that the housing demand recovered after both the waves on the back of pent up demand, low interest rates on home loans and reduction in stamp duty by some states. The survey has analysed the National Housing Bank's data on change in housing transactions in Q1FY21 (first COVID-19 wave) and Q1FY22 (second COVID-19 wave) over the pre-pandemic levels of Q1FY20. It also looked into change in housing prices index during this period.
With Chinese companies Huawei and ZTE excluded from participating in the 5G roll out, their absence leaves a vacuum in the market which will have to be filled by three vendors: Ericsson, Nokia and Samsung.
The 1,600-member crew and a slew of civilian workers were working like busy bees on Friday preparing the majestic warship IAC Vikrant for its commissioning on September 2.
The Speaker of Lok Sabha in a two-page letter said that people had great expectations from MPs and had reposed their faith in them.
'There have been many cases where clients have indicated that they feel suicidal as they feel they have no other options to deal with their financial hardship.'
The Congress is likely to enforce the 'One family, one ticket' formula granting exemption to only another family member who has been doing 'exemplary work' for the party for a period of at least five years, as the grand old party promised big ticket changes while acknowledging that it had not kept pace with changing times.
Congressman Mark Meadows posted two photos -- one of the Democratic party sit-in and the other of AIADMK protest by lawmakers inside the Rajya Sabha in March - saying they look 'disturbingly similar'.
Akash Ambani's first big job as he takes over as chairman of Reliance Jio, the group's telecom arm, is a no-brainer - he has to get his company through the long-awaited 5G auctions that are a few weeks away. But his bigger job, analysts said, will be to lead the transformation of the telecom company into a tech giant, a process that is underway as it seeks to list in the US. Insiders said there has been plenty of debate within the company's top executives on the auction strategy.
Shumsher K Sheriff, who took over as secretary general of Rajya Sabha last month, was on Thursday introduced in the House by Chairman Hamid Ansari.
Price escalation seems to be one of the primary reasons for the sales trend.
Maharashtra Minister of State for Transport and senior Nationalist Congress Party leader Gulabrao Deokar was on Monday arrested for alleged involvement in a 1997 housing scam related to the construction of 11,000 low-cost houses in Jalgaon, north Maharashtra. Deokar, who was a member of the Jalgaon Municipal Council between 1995 and 2000, was summoned to the Zilla Peth police station at Jalgaon and arrested, police sources said.
'In Byculla, a lot of boys hero-worship the bhais.' 'Hamza grew up in that environment, but he got a government job.' 'And he did this so he could marry the woman he loves.' 'Now, after getting the government job, he thought he would get to bully people...' 'But bechara, he's getting bullied at work.'
The chief minister said that it was indeed a mistake and assured that it will not be repeated after Leader of Opposition Ramvir Singh Bidhuri raised the matter in the Delhi assembly.
How should one billion Indians, for whom deprivation has become an inescapable way of life, join us in celebrating 75 years of Independence? And where do we go from here? asks Kalyan Singhal.
The house located in Tandel Mohalla of the town came crashing down at around 5 am when its occupants, all members of one family, were asleep, the police said.
The country's largest private lender HDFC Bank is planning to facilitate a shift in its payments module from the existing core banking platform. This would ensure minimal payments downtime, even if core banking is not available. "This 15-month project will be followed by hollowing the customer-master modules from its existing core systems. "It will ensure a single system of record for customers across various products," said Sashidhar Jagdishan, managing director (MD) & chief executive officer (CEO), in the annual report for 2021-22.
The new amendment, which came into force on April 21, has been introduced to detect discrepancies between the expenses and incomes of people who do not have to file tax returns.
Rajesh Karkera journeys through verdant countryside to the little-explored pristine Lonar lake in eastern Maharashtra.
Recently, TPEM's first born electric concept, Avinya broke cover. The model promises a minimum range of 500 kilometres and advanced technology features, aimed at buyers in India and outside. TPEM, the newly formed entity may also consider a separate dedicated sales channel for the EVs with a distinctive corporate identity once the volumes reach a critical mass and throughput is large enough for the dealers to be profitable, said Chandra. Elaborating further on the hiring strategy he said, "We will hire from everywhere-wherever the talent of the required competency is available."
Realty sector is facing a huge slowdown for last 3-4 years, leading to a significant delays in possession of flats to customers.
Three members of a family were on Monday killed in a house collapse as a fresh spell of rains stalled relief operations in flood-ravanged Uttarakhand, where the authorities said that the number of people missing has mounted to over 4,700.
Debt-ridden Future Group is now focusing on saving and rebuilding firms such as -- Future Lifestyle Fashions, Future Supply Chain Solutions, Future Consumer and Future Enterprises, after the Rs 24,713-crore deal with Reliance Retail was rejected by secured creditors, according to industry sources. However, Future Group's flagship firm Future Retail Ltd (FRL), which has nearly Rs 18,000 crore debt, is bound to face the corporate insolvency resolution process before the National Company Law Tribunal (NCLT). Other companies like Future Enterprises Ltd (FEL), Future Lifestyle Fashions Ltd (FLFL), Future Supply Chain Solutions Ltd (FSCSL), Future Consumer Ltd (FCL) can sustain on their own and can be rebuilt by restructuring their liabilities with the help of current lenders and investors, said an industry source close to the Future Group.
Democrats narrowly won majority in the United States Senate while Republicans retained the control of the House of Representatives, leaving newly-elected President Barack Obama to deal with a divided Congress once again.
The agency has moved with its charge sheet against Shukla after getting a go ahead from the government to prosecute the retired judge, they said.
Mian Javed Latif said a decision on PML-N supremo and the three-time prime minister Sharif's anticipated return will be discussed with the coalition partners.