Jennifer Lopez sang, Ranveer Singh danced, Janhvi Kapoor, Varun Dhawan, Shahid Kapoor, Kriti Sanon, Jacqueline Fernandez, Nora Fatehi performed at American businessman Rama Raju Mantena's daughter, Netra Elizabeth's Udaipur wedding with tech entrepreneur Vamsi Gadiraju.
The transmission of the February and April rate cuts is now complete, validating the central bank's monetary stance and contributing to a revival in credit growth, said Reserve Bank of India (RBI) Governor Sanjay Malhotra on Friday. "We now have preliminary figures for June credit rates, and we find that for new loans, the rates are lower by at least 50 basis points (bps)... within two months of our 50-bp cut, we are in June, and the whole of the monetary policy transmission has happened.
Union Finance Minister Nirmala Sitharaman on Tuesday commended Indian financial sector regulators for doing a "world-class job" and bringing greater transparency into the system. Underlining that she is not against questioning or critiquing regulators, Sitharaman said there is a need to be "extremely conscious" about contributions made by them as well. Speaking at the Financial Express Best Banks Awards, the finance minister said, "I strongly recommend that facts are taken on board before we discuss anything to do with the regulators, strictly speaking."
Reliance Jio Infocomm (RJIL) has written to the Telecom Regulatory Authority of India (Trai) stating that a recent complaint against it by Bharti Airtel is a deliberate, malicious attempt at defaming RJIL's consumer-friendly tariff. RJIL has also asked the regulator to warn Airtel against 'making such frivolous complaints in the future'. The move is in response to Airtel recently requesting Trai to bring content aired through broadband under the regulatory fold and keep a check against discriminatory bundling tactics.
Prime ministers turning up with such frequency to launch trains is an indication of the political mileage resident in public transport. Will our railways step out of the government's shadow? After all, they are the ones manufacturing trains and running them, notes Shyam G Menon.
Unfortunately, in India, infrastructure projects are lost in a miasma of political and personal vanity, observes Shyam G Menon.
I believe that UP has been doing this consistently -- of grossly under-reporting the Covid-positive cases. Nothing else explains the glaring differences in UP's positivity rates versus other badly affected states, says Omkar Goswami.
Loss of investor confidence in Flipkart last year sparked off a chain reaction in startup sector
Monday's notices seek damages of Rs 2,000 crore (Rs 20 billion) each from The Times of India and The Economic Times, both owned by Bennett, Coleman & Co, and The Financial Express, owned by the Indian Express group, alleging some of their articles defamed Infosys.
It will house the company's first diesel engine developed for markets like India.
The AMT technology essentially allows a driver to drive both in a fully automatic mode or in a partially-automatic mode.
With 37,000 mw of existing power capacity lying unutilised, the additional 88,000 mw announced by the power minister will find few takers unless tariffs go up.
Earlier govt said it won't allow it to sell items such as textile products and office supplies.
A Ganesh Nadar/Rediff.com brings you some fascinating facts and photographs from India's first international rail exhibition.
NSE's own handle @nseindia was content tweeting out the press release in seven tweets.
The Indian conglomerate is also studying investments in automobiles, software and hotel businesses, as well as biofuel in South American markets such as Brazil and Argentina.
It'll only be when other states start following this discrimination for a large enough number of products, presumably, that the political class will wake up to it. Hopefully, the courts will too.
Dr Baru and Dr Singh struck up a close relationship when the latter was finance minister in 1991; in fact, when Dr Singh resigned from Prime Minister P V Narasimha Rao's Cabinet over the stock exchange scam in the 1990s, it was Dr Baru who broke the story.
With the Indian stock markets clawing back after the Monday meltdown, an investment advisers' survey says that global emerging markets are predicted to be the best performers in the next three years.
The Tata Group is looking for investments in Bangladesh's steel, power and fertiliser sectors worth $2billion, a media report said in Dhaka on Saturday.
'Whenever you see him on television or anywhere else, he gives off grandfatherly vibes.'
India's new Finance Minister P Chidambaram has directed his ministry officials to be prepared to present the Union Budget on either July 2 or July 5.
'It is best Sidhu shuns his role as Kapil Sharma's Paaji and instead concentrates on serving the people of Punjab,' says Sudhir Bisht.
Of 650 billion cubic metres of water available for irrigation nationwide, 15 per cent, or 100 BCM of water, is used by sugarcane , which is planted on no more than 2.5 per cent of India's farmland
India's banks are propping up too many weak producers.
CLP saw early that the pollution caused by China's rush for industrial growth would lead inevitably to demands for cleaner electricity.
The CBI is probing whether the former IRDA chief J Hari Narayan had misused his discretionary powers to favour Reliance General Insurance Company, which has admitted that the extra amount collected by it way of premium was not Rs 1.07 crore, as originally believed, but 20 times as much, report Paranjoy Guha Thakurta and Pranati B Mehra.
This has spelt trouble for the mills. Most of them are unable to pay the farmers.
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