'From the very start, PM Modi was insistent that visiting foreign leaders should be exposed to an India beyond its capital.' 'Through these experiences, he felt that the full Indian narrative would be much better understood across the world,' explains External Affairs Minister S Jaishankar. A riveting excerpt from Bluekraft Digital Foundation's Modi@20: Dreams Meet Delivery.
The decision has come amid a spike in the number of infection cases, which had crossed 35,000 on Saturday.
There are several welcome standalone reforms, but these do not add up to a coherent strategy to achieve a $5 trillion economy or secure Aatmanirbharta, observes Rathin Roy.
Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday announced the buyout of British battery maker Faradion Ltd for an enterprise value of 100 million, as the oil-to-retail conglomerate continued with the acquisition of end-to-end technology for its multi-billion-dollar clean energy portfolio. Reliance New Energy Solar Ltd (RNESL), a unit of the nation's most valuable company, signed definitive agreements to acquire 100 per cent shareholding in Faradion for an enterprise value of 100 million and will invest an additional 25 million as growth capital to accelerate the commercial roll-out, the company said in a statement. Based out of Sheffield and Oxford in the UK and with its patented sodium-ion battery technology, Faradion is one of the leading global battery technology companies.
'I tried to behave with humility and respect and I hope that is what remains of me when I leave the club.'
The CMS allows e-adjudication of certain lapses and paying penalties online, doing away with the need to visit an MCA office or go through a legal process.
A sensible investor who is always invested will get high returns over the long term.
'The goal is achievable. What is stopping us from getting there?' asks Aakar Patel.
A country lost in time? Or a country slowly stirring with ambition? Kushal Chowdhury wonders as he travels through the Mongolian capital.
India Inc's earnings seem to have gathered momentum with a surge in the BSE Sensex over the past two quarters.
'We need to retell this history from many different perspectives.'
The league said last week that the deal, called 'Boost La Liga', would strengthen its clubs and give them funds to spend on new infrastructure and modernisation projects as well as increasing how much they could spend on players' salaries.
'He was keen to win the IPL with the team he had, he had no desire to have big names in his team.' 'He just wanted good players, who he knew he could mould into match-winners.'
'When there is unlocking, there is demand revival.' 'This is going to be the main growth engine in this kind of an economic scenario.'
Around 15 years ago, when Reliance Industries (RIL) struck natural gas in the Krishna-Godavari (KG) basin off the east coast, the government made plans to supply that fuel cheaply to scores of generators that sprang up in India triggered by the discovery. Most of the plants, which account for 6 per cent of India's total generation capacity, operate sparsely after the KG-D6 area first failed to meet production targets, and then finally shut shop. Affordable domestic gas was why those thermal plants came up and the rate of the fuel today is why those generators hardly operate. Record liquefied natural gas (LNG) rates may yet again unravel India's ambitions to expand use of gas in industries, households and vehicles. Rates, while volatile, may stay strong this decade as developed nations with higher purchasing power embrace gas as the transition fuel.
There will be different ways of returning the money, depending on the profile of the depositors and the amount, predicts Tamal Bandyopadhyay.
'It's a toss-up between a fire sale of equity or merger with a strong bank,' points out Tamal Bandyopadhyay.
'She has never advocated people taking to the streets and calling for a revolution.' 'I don't know if that will change now.'
The weakness in the rupee and broader markets has led to evaporation in the market cap.
'It is a worrying trend as we are not seeing too much fresh capital being raised for new projects, plants, expansion or diversification. It's just private equity or venture capital or promoters cashing out.'
Experts believe the market will fall between 1 and 3%.
Neither Biden nor his successors can any longer ignore the threat China has come to pose to the US in both economic and military fields, observes Virendra Kapoor.
'It's so hard to shoot here right now that I can't even imagine what it must be like to live here under these conditions.'
Hasty, ill-conceived steps show how isolated Mamata Banerjee had been from the national political trend. A fascinating excerpt from Sugato Hazra's Losing The Plot: Political Isolation Of West Bengal.
Besides urging the Centre for extension of loan moratorium, the hotel and travel industries have also demanded deferment of GST and advance tax payments and waiver of fees for all forthcoming licences and permits.
Fears of the Congress not having a credible face, after the death of its three-time chief minister Sheila Dikshit last July, and ceding its vote bank to the Aam Aadmi Party came true with the Arvind Kejriwal-led party capturing the space once occupied by the grand old party.
Rally restricted to big stocks; FIIs have hit investment caps in many large companies.
There was near unanimity among the guests at the Sibal dinner that the country is ready for a change, that the ruling party has lost popularity. However in the same breath speaker after speaker lamented that without Opposition unity Modi could as well win a third successive term, reveals Virendra Kapoor.
The JD-U said that the conduct of the two leaders in recent past has made it clear that they don't want to abide by the party's discipline. Both leaders have been critical of the party president and Bihar Chief Minister Nitish Kumar over the CAA/NRC issue.
Anil Ambani had given a personal guarantee to the loans given by SBI to Reliance Communications and Reliance Infratel in August 2016.
Analysts now expect India Inc to report a decline in both top line and bottom line for the September quarter.
'However, this time it looks like that is not working.'
Analysts mostly prefer domestic plays beside select films with foreign exposure.
The unions said the minimum support price (MSP) cannot be separated from the demand of repealing the contentious agriculture laws, asserting that the issue of a legal guarantee for the MSP is a key part of their agitation.
There is a lot of optimism as regards the defence, railway and manufacturing sectors.
Strategic direction post-COVID-19 and further details on asset monetisation are key expectations from the 43rd AGM of RIL, analysts said.
Is there more than meets the eye to Kitex Garments, the world's second-largest children's garment producer, abandoning Kerala for Telangana?
'Some cases do not get a single hearing for 6 to 8 months, while some have been pending for as long as 8 years.'
Images from the English Premier League matches played on Saturday.
It is rare for Cabinet ministers to tick off state-owned companies publicly, yet that was what then petroleum and natural gas minister Dharmendra Pradhan did for ONGC. Speaking at an event on June 29, Pradhan said he has asked India's premier exploration company to find fresh oil acreages fast. "Do it yourself through some joint venture (or) through a new business model. But the government cannot permit you to hold resources for an indefinite time." The reason for this stricture is India's rising dependence on imported oil and gas. Or, to put it another way, falling domestic production (see chart: "Crude truth"), especially from ONGC, which faces a simple problem.
