Reserve Bank Governor Shaktikanta Das on Wednesday said underlying economic activity in India continues to be strong, but external factors will cause some "dent" to the economy. Speaking at the BFSI Insight Summit 2022 organised by Business Standard, Das said the RBI tracks 70 fast moving indicators and most of them are in the "green box". It is the external sector, mired by a fear of recession or clear visibility about slowing growth in a large part of the world, where the challenges lie, he said, adding that the impact of external demand will "dent" the economy.
The Directorate of Enforcement is investigating Ringing Bells, the company which has launched smartphone for Rs 251, for alleged contravention of FEMA.
The Enforcement Directorate has been asked to investigate alleged violation of FDI regulations by e-commerce company Flipkart Online Services and cash & carry chain Bharti Walmart.
Three teenage girls have made a brief documentary which shows a much more cheerful side of Afghanisthan's capital, Kabul. It has broken the stereotype of bombed out sites and terror attacks the world associates with this war-ravaged country.
The government said on Friday it is considering offloading 10 per cent of its equity stake in navratna public sector unit Bharat Heavy electricals Limited.
Sources said a notification to this effect will be released soon. Indian arms of foreign firms make it a rule that audits must be conducted by their foreign partners for Indian companies approaching the overseas markets for any reason. No such rule exists, the source said, although the practice is common. "We are screening partnership agreements of all these firms to analyse the legal basis on which the foreign firms audit Indian companies," the source added.
Leicester pushed forward after the interval but were caught out on the break in the 64th minute when Ritchie's pass released Wilson who coolly rounded Schmeichel before sliding home.
When Jiang Zemin traveled, as you can see in the photographs here, a Kodak Moment was never far away.
The Reserve Bank of India has decided to bring offshore outsourcing of financial services by foreign offices of Indian banks under its ambit as a part of its policy on cross-border supervision.
To ensure its financial inclusion drive is not restricted to meeting branch opening targets, the Union finance ministry is to ask banks for a performance report of the 'ultra small' branches set up in the past two years in about 73,000 villages.
A bench comprising Chief Justice A P Shah and Justice S Muralidhar issued notice to the government and fixed the matter for further hearing on December 10. The petition filed by an NGO, Telecom Watchdog, contended that the government alloted the spectrum without following any policy and cellular operators were provided excess spectrum without charging them for the scarce resource since 2001.
Karim Benzema scored twice in the final few minutes to give Real Madrid a 3-1 win at Espanyol, while Barcelona breezed past Real Valladolid with a comfortable 4-0 LaLiga victory.
Tata Steel and Indian Hotels on Wednesday said they have always made all relevant disclosures and have no further comments to offer following comments made by ousted Tata Group chairman Cyrus Mistry that Tata group firms could face a potential USD 18 billion writedown.
The Mumbai chawl serves as a setting for Karan Johar's runaway hit Agneepath, starring Hrithik Roshan.
We present some of the best photographs from across the globe in the week gone by.
The vigilance department of the Insurance Regulatory and Development Authority is looking into such complaints in Rajiv Gandhi Shilpi Swasthya Bima Yojana, Weather Insurance Scheme, Shetkari Apghati Durghatana Bima Yojana and Panjikrut Kishan Durghatana Bima Yojana, according to a letter written by IRDA to Finance Ministry on its ongoing probe.
The task force has provided probe agencies with a list of attributes, including disproportionate investments, debt, advances or cash, to red-flag such firms.
The medicines include tuberculosis drug moxifloxacin, antipsychotic olanzapine and valgancicloivir, a medicine often needed for HIV/AIDS patients. The groups allege that none of these drugs qualified the criteria specified under the Indian Patents Act and were given patent protection because the patent examiners overlooked the legal safeguards meant to avoid grant of patents to known substances or their mere improvements.
The case relates to alleged wrong classification of mixed xylene
Pakistan Prime Minister Shehbaz Sharif on Thursday chose Lt Gen Asim Munir as the new Army chief to replace incumbent General Qamar Javed Bajwa.
FSSAI is the central body which lays down science-based standards.
Six years and nine months after she was arrested for allegedly murdering her daughter Sheena Bora, former media executive Indrani Mukerjea walked out of the prison.
After recovering from issues such as defaults on foreign currency convertible bonds and piling debts, pharmaceutical major Wockhardt has been on the slow lane through the last six months, following warnings from global regulators such as the US Food and Drug Administration (FDA) and the UK Medicines and Healthcare Products Regulatory Agency.
Ishaan Nair, who got his acting break as Varun Verma, a happy, pudgy teenager, in his aunt Mira Nair's hit film Monsoon Wedding, is more focused on writing and directing films.
Lionel Messi's early goal earned Paris St Germain a 1-0 win at Olympique Lyonnais on Sunday as they opened a two-point lead at the top of Ligue 1.
Cable and DTH companies cannot hold more than 20 per cent stake in each other.
Barcelona wasted a golden opportunity to extend their lead at the top of LaLiga as they were shocked 1-0 at lowly Almeria on Sunday thanks to a first-half strike by El Bilal Toure.
Includes those dealing in high-value property and petrol pump owners
Except for Xi, 69, all top officials including the number two leader, Premier Li Keqiang will be replaced in the massive reshuffle to follow in the days to come, which included a new foreign minister replacing the incumbent Wang Yi.
Ahead of a crucial meeting next week, the Foreign Investment Promotion Board is scrutinising the commercial cooperation agreement between Jet Airways and Etihad Airways to ensure control is not passed on to the Abu Dhabi-based airline.
CCI had initiated investigation into alleged anti-competitive practices by Google.
Stung by the controversy over the sudden sacking of the Managing Director at India's largest microfinance institution, SKS Microfinance, lenders have decided to raise corporate governance issues at board meetings of other MFIs.
The income-tax department intends to bring individuals under the ambit of the proposed controlled-foreign companies (CFCs).
Sukanya Verma applauds the man, the movies and the many, many, MANY memories he's created on big screen through 80 Amitabh Bachchan moments.
According to local media reports, Christopher was fatally shot and was hit in the abdomen by a suspect.
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