Armed with necessary macro and micro growth drivers, India is on its way to becoming the fastest growing major economy in the world, a finance ministry report said. Rapid vaccination and teeming festivities will push India's ongoing recovery resulting in narrowing of demand-supply mismatches and greater employment opportunities, as per the monthly Economic Review prepared by the ministry.
His son and ace golfer Jeev Milkha Singh lit the funeral pyre.
The proposed move would help in cutting down compliance costs and reducing the friction between rules enacted by capital markets watchdog Sebi, depositories and government, experts said.
In a series of tweets after the Drugs Controller General of India (DCGI) approved Oxford's vaccine Covishield and Bharat Biotech's Covaxin for restricted emergency use, Modi said it will make every Indian proud that both the vaccines are made in India.
The US regulators on Wednesday fined Citigroup, American Express, J.P. Morgan Chase & Co and Putnam Investments a combined $81.25 million for failing to provide customers with necessary information about mutual funds.
The BJP has won just eight out of the 40 zila panchayat seats in Ayodhya, a disappointment for the ruling party in the district on which the Centre and the state government have lavished much attention.
Quartermiler Mohammad Anas and long jumper Ankit Singh booked their Olympic tickets with national record shattering efforts while 200m specialist Srabani Nanda also qualified for the Rio Games in various competitions aboard on a memorable day for Indian track and field athletes on Sunday.
US market regulator Securities and Exchange Commission has charged Countrywide Financial founder Angelo Mozilo and two former executives with securities fraud. Mozilo, who is the former chief executive of financial services entity Countrywide along with David Sambol and Eric Sieracki, have been charged with fraud for misleading investors about the significant credit risk taken by the company.
Senior NCP leader and Maharashtra minister Chhagan Bhujbal on Wednesday said the Supreme Court order on the Other Backward Classes (OBCs) quota was a setback to the state government and it should do everything it can to save the community's reservation.
Asian Games medallist Tintu Luka ruled the track on the final day of competition at the 35th National Games, smashing an 18-year-old meet record to win the 800 metres gold before inspiring Kerala to the 4x400m title in Thiruvananthapuram on Friday.
The Madras High Court on Thursday stayed the operation of certain sub-clauses of the recently introduced Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021.
The thinking at the Centre is that since the RBI has ramped up purchases of government bonds, the interest earned on them will be transferred to the exchequer as dividend.
Nestle India was the top laggard in the Sensex pack, shedding around 2 per cent, followed by SBI, HDFC Bank, Axis Bank, ICICI Bank, Reliance Industries, HUL and Dr Reddy's. NSE Nifty slipped 20.10 points to 15,670.25.
The New York Stock Exchange-listed Indian IT major Satyam Computer Services' founder and then-chairman Ramalinga Raju had shocked the world three weeks ago on January 7 with the disclosure of a massive financial wrongdoing to the tune of over a billion dollar at the company. This was followed by the NYSE suspending trading in Satyam shares the very same day.
Lok Sabha Speaker Meira Kumar's secretary A P Pathak was on Friday removed from his post shortly after the Central Bureau of Investigtion searched his premises in an alleged disproportionate assets case during which the agency claimed to have recovered documents of properties worth crores of rupees.
High drama was witnessed at Tamluk in Purba Medinipur district on Sunday afternoon as West Bengal Leader of Opposition (LoP) Suvendu Adhikari was prevented by police from visiting violence-hit areas in Howrah.
India began their campaign in the World Athletics Championships on a disappointing note with sprinter Dutee Chand and quartermiler Muhammed Anas Yahiya crashing out in the first round heats in London on Saturday.
'Good to meet US Secretary of State @SecBlinken today. I welcome President Biden's strong commitment to strengthen the India-US Strategic Partnership, which is anchored in our shared democratic values and is a force for global good,' Modi tweeted.
If things go according to plan, the vaccine would be available in the market by the end of this year.
Chief metropolitan magistrate Snigdha Sarvaria allowed the police plea, which said further investigation was on.
Hedge funds maximise absolute returns using a broad range of strategies including unconventional and liquid investments. Quoting people familiar with the matter the Wall Street Journal said: "The Securities and Exchange Commission ordered more than two dozen hedge funds to turn over trading information as it ramps up its investigation into whether traders were spreading rumours to manipulate shares."
Ola co-founder Bhavish Aggarwal on Thursday said Ola Electric sold scooters worth over Rs 600 crore on the first day of the sale of its model S1. The executive noted that the company will shut the purchasing process from Thursday midnight. Ola Electric had on Wednesday commenced the sale process of its electric scooter, which comes in two trims - Ola S1 and S1 Pro.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries
As many as 40,000 units of the much-hyped handset launched exclusively on Flipkart, was sold out within 4.2 seconds, said company head Hugo Barra on Twitter.
According to the US Securities and Exchange Commission, Ramesh "Sunny" Balwani and the founder Elizabeth Holmes raised money by deceiving investors about the company's technology, business and financial performance, raising more than USD 700 million in years-long "massive fraud".
'We will be looking to prune our portfolio to make GIC Re a healthier entity.'
The 'Tamil Thai Vaazhthu', an invocation, is only a prayer song and not a National Anthem and hence, there is no need for every one to remain in standing posture when it is rendered, the Madras High Court bench here has ruled.
A multi-storeyed historic guest house in posh Malabar hill was pulled down in Mumbai on Monday by a modern implosion technique employed for the first time in this metropolis.
The US markets regulator is investigating Mark Hurd's departure from Hewlett-Packard Co as part of a broad inquiry that will also look into claims that the former chief executive leaked inside information on a multi-billion dollar deal, says a media report.
'You can put 25 per cent right now; put another 25 per cent when Nifty corrects another 500 points.' 'At 13,500 put another 25 per cent and at 13,000 one can get fully deployed.'
The Supreme Court on Monday said it would hear on January 17 the matters in which it had directed the state election commissions of Maharashtra and Madhya Pradesh to re-notify the seats reserved for the Other Backward Classes (OBCs) in the local bodies in these states under the general category.
Blinken and Indian leaders on Wednesday will discuss a plethora of pressing issues such as the fluid situation in Afghanistan, regional security concerns, COVID-19 response and ways to boost Indo-Pacific engagement, people familiar with the agenda of talks said.
Out of the two world records held by track superstar Usain Bolt, his 100m dash timing of 9.58 seconds stands more likely to be broken than the 200m mark of 19.19secs, his fellow Jamaican sprinter Asafa Powell said on Friday.
India ended their campaign at the 17th Asian Junior Championships in style as they finished third by winning 17 overall medals, including 7 gold, 4 silver and 6 bronze at Ho Chi Minh City in Vietnam on Monday.
Computer maker Dell said it has agreed to pay $100 million in a settlement with US regulator Securities Exchange Commission following a probe into the company's accounting methods and its relationship with chipmaker Intel Corp.
Despite Sharad Pawar's categorical stand, the Maharashtra government has done nothing to ease the suffering of the Bhima Koregaon 16, who have been denied their basic rights to health and to communication with their families while in jail.
Defending champion Seema Punia settled for a bronze in the women's discus throw event in the Asian Games in Jakarta on Thursday.
Homegrown auto major Mahindra & Mahindra unveiled its concept electric sports car 'Halo' which it expects to launch commercially in the next three years.
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