Finance Minister Nirmala Sitharaman on Tuesday said the upcoming Budget for 2021-22 will sustain the momentum of public spending on infrastructure and have a "vibrancy" to ensure the economic revival continues. She also said the pace of divestment, which has been hit by the COVID-19 pandemic, will pick up in the coming months. "We shall definitely sustain the momentum of public spending in infrastructure. Because that is the one way we assure that the multipliers will work and the economy's revival will be sustainable.... "I am conscious that the forthcoming Budget will have a vibrancy that is so required for the economy's revival, sustainable revival," she said at the Assocham Foundation Week. The Budget for the 2021-22 fiscal is expected to be tabled in Parliament on February 1.
The COVID-19 case fatality rate stood at 1.44 per cent.
'Only then will we withdraw the agitation.'
What some of us think are strong, bold and firm decisions are cruel, harsh and unwanted for others. This is what we need to consider when we look at what has happened with the farm laws, asserts Aakar Patel.
At 9 am on Tuesday, the overall AQI of Delhi docked at 381, which falls in the 'very poor' category.
In a business friendly move, the Reserve Bank of India on Friday said that Real Time Gross Settlement System (RTGS), used for large value transactions, will be made available round-the-clock from December. In December 2019, the National Electronic Funds Transfer (NEFT) system was made available on a 24x7x365 basis. Currently, RTGS is available for customers from 7.00 am to 6.00 pm on all working days of a week, except second and fourth Saturdays of every month.
'The immune protection may well wane somewhat, and that's what we have to monitor.' 'Should it wane to the point where vaccinated individuals are getting severe disease, then we really will need to give them booster shots and that'll apply regardless of what vaccine they've got the first time.'
These states and UTs are Maharashtra (seven districts/municipalities), Telangana (four), Tamil Nadu (seven), Rajasthan (five), Assam (six), Haryana (four), Gujarat (three), Karnataka (four), Uttarakhand (three), Madhya Pradesh (five), West Bengal (three), Delhi (three), Bihar (four), Uttar Pradesh (four), and Odisha (five).
IT major Wipro's Azim Premji donated Rs 22 crore a day or Rs 7,904 crore in a year to emerge as the most generous Indian in FY20 and top a list of philanthropy. Premji pipped HCL Technologies' Shiv Nadar, who had earlier topped the list collated by Hurun Report India and Edelgive Foundation, by a wide margin.
Analysts at Barclays pitched for a 0.25 per cent cut to generate demand advising the central bank to throw caution to the wind.
With the results pouring in for the five states, celebrations and distribution of sweets have also begun. The Congress wasted no time to start bursting firecrackers after early trends showed that the party was surging ahead in Rajasthan and Chhattisgarh. Take a look at the festivities.
India's COVID-19 tally had crossed the 20-lakh mark on August 7, 30 lakh on August 23 and 40 lakh on September 5. It went past 50 lakh on September 16, 60 lakh on September 28 and crossed 70 lakh on October 11.
The actor wore a washed out look as a showstopper for Anushree Reddy at LFW.
Farmer leader Kulwant Singh Sandhu had said that 32 farmer unions from Punjab held a meeting on Tuesday and discussed the next course of action.
Critics who cannot stop gloating, pronouncing Modi to be a lame-duck prime minister, may be making a huge mistake, predicts Virendra Kapoor.
Here are the top 10 images from the big news that shook the world in the previous week.
Indian shooters failed to make the final of the men's 10m air rifle event of the ISSF World Cup, in New Delhi, on Monday.
The parties also said that the decision has come in late and had the Modi government shed its 'arrogance earlier' and repealed the laws opposed by farmers, a number of precious lives lost during the nearly year-long agitation could have been saved.
The bench expressed displeasure over the trend of filing of sedition cases just after senior advocate F S Nariman made opening submissions on behalf of Singh, saying 'the gentleman has served as the Additional Director General of Police (ADGP) and was acting as the Director of the Police Academy and now the proceedings under section 124A (sedition) of the IPC have been initiated against him'.
Last year, Sitharaman had ditched the long-standing tradition of carrying budget documents in a leather briefcase and went swadeshi with a 'bahi-khata'.
The coronavirus caseload surged to 56,46,010, while the death toll climbed to 90,020 with 1,085 people succumbing to the disease in a span of 24 hours, the data updated at 8 am showed.
Wipro chief executive Abidali Z Neemuchwala saw his pay package grow 41 per cent to $ 3.9 million during 2018-19.
The COVID-19 case fatality rate has reduced from around 3.33 per cent in mid-June to 2.25 per cent.
Budget has already bombed at the box office and passing it without a revisit will be a mockery of the exercise though any modification may be short lived and perfunctory, observes V Ranganathan.
This announcement comes a day after the DGCA asked IndiGo to take 'appropriate action' after it found alleged violation of safety and social distancing protocols by mediapersons in the airline's Chandigarh-Mumbai flight that had actor Kangana Ranaut as a passenger.
On Thursday, the overall AQI in Delhi was 312 around 8:30 in the morning.
The focus of the meeting will be on enabling businesses and households to avail of the revival framework on the basis of viability, necessary steps like finalising bank policies and identifying borrowers, and discussing issues that require addressing for smooth and speedy implementation.
Melting roads, deserted streets, exhausted pedestrians, and thirsty animals is what the scorching summer has left Indians with. Severe heat wave conditions currently prevail over many parts of the nation with temperatures in central and western India soar beyond 45C. Take a look!
According to SAFAR, both stubble burning in surrounding states of Delhi and firecrackers are causing deterioration of air quality in the national capital.
Industry players believe the new DFI model will be initially risk capital, which will then be used to mobilise additional resources from development agencies such as World Bank.
Had Finance Minister Sitharaman thought a little more about the middle class, disadvantaged sections, and the poor who are struggling, it would have been an inclusive Budget that would have made history, notes Ramesh Menon.
Around 1,200 protesters demanding scrapping of the amended citizenship act were detained on Thursday when they defied prohibitory orders imposed by the Delhi Police in Red Fort area. Internet, voice and messaging services by Airtel, Vodafone, Idea and Reliance Jio were suspended in parts of Delhi-NCR, in perhaps for the first time that the national capital experienced such restrictions.
'How low GDP would have been, we don't know.' 'It raises serious questions because so many indicators are pointing to such a sharp decline and GDP estimates are still showing 4 per cent growth.'
The Department of Telecom on Tuesday approved applications of telecom companies -- Reliance Jio, Bharti Airtel, Vodafone Idea and MTNL -- for conducting 5G trials but none of them will be using technologies of Chinese entities. The list of telecom gear makers approved for trials include Ericsson, Nokia, Samsung, C-DOT and Reliance Jio's indigenously developed technologies.
People took to the streets in New Delhi, Mumbai, Ahmedabad, Jammu, Bhopal, Patna and other cities and set fire to the Chinese flag and photos of the neighbouring country's President Xi Jinping. Protesters urged the Modi government to ensure that martyrdom of the soldiers in the Galwan Valley did not go in vain.
The accused were killed by the police when they tried to escape while being taken to the crime spot.
Zomato said it has consistently gained market share over the last four years to become the category leader in the food delivery space in India in terms of gross order value from October 1, 2020 to March 31, 2021.
Tennis star Sania Mirza on Friday announced that a biopic on her will be made by Bollywood film-maker Ronnie Screwvala.
From March 1, as many as 2,35,901 beneficiaries more than 45 years old with specific co-morbidities and 16,16,920 people aged more than 60 years have received anti-coronavirus vaccine dose, it stated.
British lawmakers will debate the issue of press freedom and safety of protesters in India next Monday in response to an e-petition which had crossed the 100,000-signature threshold required for such a debate, the House of Commons Petitions Committee confirmed on Wednesday.
