Images of the events that shaped the world last week.
Govt fine-tunes strategies for smooth passage of mines and coal Bills.
Two aborted missions, three different ministers, multiple rule changes and two decades later, Indian taxpayers will no longer have to pay Rs 20 crore per day to keep the loss-making Air India flying. While opposition Congress expectedly attacked the decision as selling the family silver, DIPAM secretary Tuhin Kanta Pandey said what Tata is getting is not a cash cow but an airline which is bleeding where money needs to be pumped in to refurbish obsolete aircraft and dust up strangled ones while being unable to touch any employee for one year and only be able to resize staff after paying a VRS. "It won't be a very easy task there. Only advantage is they (new Air India owner) are paying the price which they think they can manage. "They are not taking the excessive debt accumulated to fund years of losses. We are continuing it as an ongoing concern.... This process has also saved huge amount of taxpayers money going forward," Pandey told PTI.
The spotlight is back on the hawala trade in diamonds.
DLF has long been embroiled in a controversy over a deal that brought windfall profits to Robert Vadra, son-in-law of United Progressive Alliance Chairperson Sonia Gandhi.
It is a record that the saffron party has created, where the majority of its legislators belonged to the minority community.
As we near the end of another eventful year, 15 top moments from the world of arts and culture.
As yields on 10-year government bonds rose from 6.65% in April 2017 to around 7.50% now, liquidity pressures have increased the cost of funds for housing finance companies.
From working as a labourer on a daily wage of Rs 60 to fetching an Indian Premier League contract worth Rs 20 lakh, Jammu and Kashmir batsman Manzoor Dar has covered a distance more awe-inspiring than the 100-metre sixes he is known for.
A revenue court on Wednesday ordered return of the land sold to Rajiv Gandhi Charitable Trust by an industrial house to Uttar Pradesh State Industrial Development Corporation.
Once owned by underworld don Dawood Ibrahim, an eatery on the narrow Pakmodia Street in South Mumbai, a green sedan and tenancy rights to a property in suburban Matunga will on Wednesday go under the hammer in Mumbai.
In another jolt to the Bahujan Samaj Party, Mayawati's once trusted lieutenant and former minister R K Chaudhary on Thursday quit the party accusing her of "auctioning" tickets to contest assembly polls in Uttar Pradesh.
100 years ago, Dr Annie Besant was interned by the British in a bungalow in Ooty.
The Big Two telecom companies have accelerated their moves towards this next-gen technology, though they have chosen very different routes to getting there.
The Congress leadership has become stunted, it does not understand agriculture and the party is trying to mislead farmers for its own vested interests, said Union Agriculture Minister Narendra Singh Tomar.
The Bharatiya Janata Party on Tuesday asked its MPs to be present all day long in both Houses of Parliament for passage of crucial bills including the land bill coming up in Lok Sabha and the coal and mines bills in Rajya Sabha.
The reforms will help FPOs procure directly from farmers, something that they have been pressing for long.
'... and all of the symbolism, history, the colours of his motherland, the earth, the sky, all of that is there and it always remains with him.'
Rahul Khullar, Trai chairman beleives politicians and corporates who own media houses should give freedom to editors.
The company plans to collaborate with stopover management consolidators, who will participate in the bids to develop food courts and rest areas along the highways. Such stopovers will house multiple restaurant brands, reports Avishek Rakshit.
PM Modi's pinstriped suit monogrammed is the star attraction at an auction.
Restrictions on buying land are among barriers holding up projects worth almost $300 billion
In March this year, the banks tried to sell the Kingfisher House in Mumbai to recover a part of their dues.
The Board of Control for Cricket in India's current joint secretary Amitabh Chaudhary and treasurer Aniruddh Chaudhry's presence at an informal unsanctioned gathering, arranged by former president Narayanswami Srinivasan has brought them under the scanner of Committee of Administrators (COA).
Five saris, designed by fashion house Satya Paul, will be auctioned by online website eBay and its proceeds will be donated to a charitable organisation.
A combination of demonetisation, a poorly and hurriedly implemented GST, and more recently the "botched up" lockdown of the economy to control the spread of Covid has brought the economy to its knees.
The Duchess of Cornwall Camilla Parker Bowles' brother Mark Shand has died after sustaining a serious head injury. Shand was chairman of the Elephant Family, a movement which exists to save the endangered Asian elephant in countries such as India.
On Wednesday, a suspect used a pick axe and sledgehammer to carve the Republican presidential nominee's name out of the sidewalk.
'The government has to stop trying to fix things for lenders, projects, homeowners and developers and think instead about how to fix the market for houses,' says Mihir S Sharma.
The bench asked the official liquidator, attached with the Bombay high court, to auction Aamby Valley properties, estimated to be worth Rs 34,000 crore, and directly report to it
The National Democratic Alliance is united in its demand for resignation of Prime Minister Manmohan Singh, cancellation of coal block allotments done by UPA government and their auctioning, its Convenor Sharad Yadav said on Thursday.
Export of mango, especially alphonso, to European countries has been negligible this season; shipments to the Gulf fell 40-50 per cent.
Senior advocates Kapil Sibal and Mukul Rohatgi, appearing for Sahara, has sought time till August 15 for realisation of the cheque and giving a road map for depositing the remaining amount.
The New York Film Festival served an amazing plate of films. Aseem Chhabra picks the best ones.
Here's your weekly digest of the most Weird, True and Funny News from the across the globe.
'It was one of the greatest learnings in my life to see someone like the great Amitabh Bachchan go through such a tough phase.' 'He had been there, done it all and really didn't need to prove himself.' 'Yet, he channelised it all and came out with one of his best performances,' Rakeysh Omprakash Mehra tells Savera R Someshwar/Rediff.com in a fascinating conversation about the films he has made and the actors he has worked with.
The real estate sector is a major employment provider and the economy cannot afford its hard landing. Harsh Roongta suggests measures that can revive the under-construction market
The RBI on Friday said it will give banks Rs 1 trillion through targeted long-term repo operations (TLTROs), of up to three-year maturity, to deploy in "investment-grade corporate bonds, commercial paper, and non-convertible debentures over and above the outstanding level of their investments in these bonds as of March 27, 2020."
Any delay in passing the coal bill may cause a crisis in the coal sector which would also affect the power sector.
When the third round of bids was opened, Oaktree's offer was the highest, but with several riders. While Piramal offered higher upfront cash and offered to merge its financial business with DHFL, Adani was ranked third in the race, reports Dev Chatterjee.
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