In key organisational changes, the Congress on Wednesday appointed young face Anil Chaudhary as its Delhi unit chief and named D K Shivakumar, known to be the party's chief troubleshooter in crisis situations, as the head of the Karnataka Pradesh Congress Committee.
With India's GDP clocking a lower contraction of 7.5 per cent in the September quarter, industry and experts expressed confidence of further recovery in the coming months and said the government's actions are bearing fruit. In a tweet, Vedanta chairman Anil Agarwal said, "Q2 #GDP numbers show that economy is recovering. Government's efforts on stimulus and reform are showing results. Hopefully, we will have positive growth in H2 FY21 and double digit growth in FY22."
India's economy recovered faster than expected in the September quarter as a pick-up in manufacturing helped GDP clock a lower contraction of 7.5 per cent and held out hopes for further improvement on better consumer demand. The gross domestic product (GDP) had contracted by a record 23.9 per cent in the first quarter of the 2020-21 fiscal (April 2020 to March 2021) as the coronavirus lockdown pummelled economic activity.
The Vedanta group on Wednesday confirmed putting in a preliminary expression of interest (EoI) for buying the government's stake in Bharat Petroleum Corp Ltd (BPCL).
The franchise will be seen donning a red jersey with golden stripes for this season, opting for a different, unique design for this new-look team.
Committed to keep fiscal deficit under check, Prime Minister Manmohan Singh has convened a high-level meeting on Tuesday to push forward the disinvestment programme with a view to achieve the budgetary target of Rs 40,000 crore (Rs 400 billion) in the current fiscal.
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RIL had objected to the state government's decision to receive bids in sealed envelopes instead of an open auction.
One smells a rat when cases are settled for too small a price offered either by the highest bidder or the promoter -- within and outside the legal ambit of insolvency process, observes Tamal Bandyopadhyay.
A restructured Kings XI Punjab have all the required ingredients to achieve success in the upcoming IPL but they have to ensure that good starts are not squandered and their overseas combination is apt.
'My goal initially was to play for the team (KKR) regularly and contribute to the wins. Hopefully, I will be able to perform for the Indian team. I want to thank selectors for having faith in me.'
Kings XI Punjab are likely to continue with the captain and coach combine of K L Rahul and Anil Kumble for next year despite finishing sixth in the 2020 Indian Premier League.
Corporate leaders said a stable government at the Centre will help boost infrastructure spend, address agricultural distress, and encouraging employment.
As coach Ricky Ponting pointed out, he would expect a better "on his feet" thinking from the young captain.
Punjab Kings have under-performed since IPL's inception, reaching the final only once in 14 attempts.
Ten of top 15 companies in 1991 were PSUs; now, there are only six. Their revenue share has also fallen from 86% to 45%
Cairn has slashed its planned capital expenditure (capex) by 60 per cent to $500 million against the earlier $1.2 billion.
Sun Pharma was the biggest gainer in the Sensex pack, advancing 1.79 per cent.
Cairn's contractual term for exploring and producing oil from the Rajasthan Block RJ-ON-90/2 expires in 2020 and the area is to return to the block licensee, ONGC.
The retrospective tax controversy was highlighted by Vodafone, but Cairn Plc's continuing problems point to the impact this law has had on FDI in India's oil and gas sector.
Counsels for AgustaWestland VVIP chopper scam accused Christian Michel and fugitive diamantaire Nirav Modi were also the potential targets of Israeli spyware Pegasus.
Here is a look at the team that will open its campaign against Rajasthan Royals in Mumbai on April 12.
For many, he is the Dhirubhai Ambani of Kerala. For others, he is the most influential Indian in West Asia. M A Yusuff is back in the spotlight after the controversy surrounding the UAE's reported offer of a Rs 7 billion aid package for flood-hit Kerala.
Anil Agarwal, chairman of the Vedanta group, has not started the New Year on a good note.
A desperate Sunrisers Hyderabad would seek inspiration from skipper David Warner to arrest any further slide when they take on Punjab Kings in an IPL match, in Chennai, on Wednesday.
Though the NDA government had been trying to privatise 20 companies, a decision for which was taken in 2017, and included national carrier Air India, the investor community evinced little enthusiasm for any of them. Now, with an in-principle approval for privatisation of BPCL, CCI and SCI, the government has taken the plunge again.
Who are the five current Indian cricketers Dada would have loved to have in his team?
Chasing 165, Nicholas Pooran smashed a 28-ball 53 as Glenn Maxwell and Chris Gayle played useful knocks as Kings XI Punjab completed a hat-trick of victories.
Frequently changing captains and coaches has hurt Kings XI Punjab in the past and that is why the franchise has decided to work on a three-year plan under Anil Kumble and K L Rahul to take the side forward, co-owner Ness Wadia said.
According to industry experts, companies in sectors such as consumer durables (fans, air-conditioners), power cables and the electrical industry will be hit, given that they are big users of copper.
Prime Minister Manmohan Singh has asked administrative ministeries to work out viable plan for disinvestment of BHEL and Coal India, including dividend payment, so as to achieve Rs 40,000 crore (Rs 400 billion) target in the current fiscal.
This is the first time that Gayle has been included in the West Indies squad since the 2019 World Cup. The left-handed batsman also admitted that he had considered walking away from international cricket and that he had planned to focus on franchise cricket.
The match, at the Dubai International Cricket Stadium, will also be a face-off between skippers KL Rahul and Shreyas Iyer, both seen as future India captaincy material.
The task of Union Finance Minister Arun Jaitley to keep inflation under check, even when the country reeled under severe drought for two years in a row, and reduce the current account deficit, was made easier by low crude oil prices.
Investors should consider debt mutual funds, banks fixed deposits or high-rated corporate debt instruments.
The aide, Dayashankar Agnihotri, was injured in his leg in retaliatory firing by police after he tried to attack them and flee, the official said, adding that no police personnel was hurt. Police have also taken into custody the sub-divisional officer (SDO) and another employee of the power sub-station from where electricity supply was interrupted on the intervening night of Thursday-Friday at the time of the police raid at Dubey's house in Bikru village.
A teenager hailing from Jharkhand was arrested for allegedly posing as a Pakistani national and sending a death threat through an email to industrialist Anil Ambani. 17-year-old Rajesh Kumar Agarwal, a student from Dhanbad district of Jharkhand, was arrested from his home town and was being brought to Mumbai, Additional Police Commissioner (Crime) Deven Bharti said.
Opportunistic face of SP has come before the people: Yogi Adityanth.
They say that a stimulus package may not be necessary because, unlike last year's total lockdown, public transport, including the railways and airlines, is running and the restrictions on movement are localised and, in some cases, are partial rather than total.
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