If Kerala wants to sustain its room for independent thinking and talk back to Delhi when needed, it should put its finances in order. Or - if one takes the North East example - Kerala's political posturing may end up commensurate with its financial dependence on others, suggests Shyam G Menon.
The Securities and Exchange Board of India (Sebi) is working on a new payment system for the secondary market, which could prevent brokers from accessing their client funds. It will be on the lines of the Application Supported by Blocked Amount (ASBA) process used for subscribing to initial public offerings (IPOs), where funds move out of an investor's bank account only after the trade is confirmed. Sebi chairperson Madhabi Puri Buch on Wednesday said that despite the challenges, the new system would be ready in a few months.
An ISIS suicide bomber was responsible for the explosion outside the Kabul airport, Politico reported citing US officials.
Is self-reliance the right approach in a mega-buck game, or better to be part of a network? asks T N Ninan.
Indian diaspora is a "great capital" for the country which needs to be nurtured, Prime Minister Narendra Modi said on Thursday as he sought its cooperation in transforming India that awaits them with opportunities.
Singh made the remarks while addressing a "CEOs' Roundtable" at the 14th edition of Aero India at the Yelahanka Air Force station complex on the outskirts of Bengaluru.
On a cloudy Monday this month, Mohammed Irshad flew from Kochi to Gurugram to attend an exclusive investor networking event. Among a handful of founders selected for the event, Irshad was to pitch his peer-to-peer learning start-up Notespaedia for funding in front of top venture capital investors such as AngelBay, Elevation Capital, and Inflection Point Ventures. He failed to woo them, but the feisty entrepreneur was determined to continue his hunt.
The Supertech twin towers in Noida were demolished on Sunday, a year after the Supreme Court's direction to raze the illegally built structures to the ground. The nearly 100-metre-high structures - taller than Delhi's iconic Qutub Minar (73 metres) - were brought to the ground in seconds literally like a house of cards by the 'waterfall implosion' technique, in a breathtaking spectacle of modern day engineering. They were the tallest structures to be demolished in India.
Sisodia was arrested after nearly eight hours of questioning on various aspects of the excise policy for 2021-22, which the probe agency says suffered from irregularities both in its formulation and implementation, allegedly intended to benefit people with links to the AAP.
Sources said the process has taken time because of a delay in leasing of aircraft. As per the original plan the aircraft were to be leased through GIFT City, Gujarat, but this is proving costlier than doing it offshore.
Incessant showers lashed Mumbai and its neighbouring areas on Wednesday morning, leading to flooding in many low-lying areas and traffic snarls on roads, officials said.
Two sparring partners -- her teammates in Sashastra Seema Bal (SSB), a physiotherapist and a masseuse have already been quarantined in the new hostel at the JLN complex.
These are the four primary issues that have soured the relationship between SBI-led lenders and JKC and delayed the resumption of commercial flights by Jet Airways, once India's largest private airline, which went bankrupt in 2019. Over the past three years, the airline went through an insolvency process under which JKC's resolution plan was approved by a committee of creditors (lenders) and the National Company Law Tribunal (NCLT) in October 2020 and June 2021, respectively. But this didn't mean an end to the problems.
Delhi logged 23 COVID-19 fatalities on Tuesday, the highest since June 16, and the positivity rate rose to 25.65 per cent with the government directing closure of all private offices, except those in exempted categories.
Terming it as an important day in history, Shah said Madhya Pradesh has become the first state in the country to start the MBBS course in Hindi.
Sarma also said he has nothing to do with the politics of Maharashtra where the survival of the Uddhav Thackeray-led government is at stake after 38 of his party's MLAs rebelled and are currently camping at a hotel in Guwahati after being flown there in several flights.
The Delhi high court on Tuesday dismissed a PIL challenging the appointment of Gujarat-cadre IPS officer Rakesh Asthana as city police commissioner.
The Delhi Metro will operate at 50 per cent capacity and markets and malls in the national capital will open on an odd-even basis from June 7, Chief Minister Arvind Kejriwal said on Saturday as he announced further relaxations in lockdown.
Foreign portfolio investors (FPIs) who invest from Mauritius into Indian companies that dole out bonus debentures will get impacted by the tax avoidance provisions on bonus stripping. The FY23 Budget has extended these provisions - applicable only to MFs, so far - to shares and units of REITs, InvITs and AIFs. The move will especially affect large institutional investors who sell original units within nine months after the record date because the loss arising from sale of original units would have to be ignored for the purposes of computing taxable income and cannot be set off against any other capital gain.
'A slum free Mumbai cannot happen with Dharavi at the centre of the city.'
Congress local leader Rashid Khan on Tuesday claimed that prayers were earlier held at the Charminar, an Archeological Survey of India protected site, however, Muslims were debarred from offering prayers at the site two decades ago.
When there is a state government committed to development, it is important that Mumbai has a civic body that, too, shares that goal, Modi said.
'The entire idea behind the serial bomb blasts was to strike fear in the minds of Indians.' 'I don't think the blasts were targeted to derail the Indian economy; the idea behind the blasts was retribution.'
Bihar is no stranger to being at the centre of a tectonic shift in national politics fuelled by turbulent regional forces.
'Me and my family along with Sarfaraz have given our entire life towards this dream.'
A tormenting heatwave swept through North India on Sunday with the mercury crossing 49 degrees Celsius in pockets of Delhi, while the weather office forecast some relief Monday onwards.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
A group of villagers from Meghalaya allegedly vandalised and burnt down a forest office in Assam's West Karbi Anglong district, following the killing of six people in violence that occurred in a disputed area along the border between the two states, officials claimed on Wednesday.
The maximum temperature at the Safdarjung Observatory, Delhi's base station, is likely to rise to 45 degrees Celsius.
Harsh Vardhan said that 51 crore COVID-19 vaccine doses will be made available by July and 216 crore more between August and December.
Indian businesses' weak ability to compete overseas says much about the infirmities imposed by the intensity of government dominance of economic policy and the nature of this dominance, observes Kanika Datta.
The Trinamool Congress MP, considered number 2 in the party, also advised Shah to teach nationalism to his son and make sure that the law and order situation improves in Delhi.
Shankar Prajapati, a 57-year-old potter in Dharavi, has given up hope of getting a bigger house for his family. He lives cheek by jowl in a hutment measuring 200 square (sq.) feet (ft) in the nondescript shanty town. "We have surrendered to our fate. We cannot wait forever for better accommodation. "Perhaps we are not meant to dream big," despairs Prajapati. Raju Korde, president, Dharavi Redevelopment Committee, and a local resident, agrees with Prajapati.
Arunachal Pradesh police on Wednesday charge sheeted three accused involved in the shooting incident of a lady journalist in Itanagar last year.
Members of the public began filing past at 5pm local time and will have until 6.30am on the day of the funeral, by which time several thousands are expected to have queued for hours to pay their respects to the Queen.
US bank Citigroup on Wednesday announced the sale of its Indian consumer banking businesses, including credit cards, retail banking, wealth management and consumer loans, to private lender Axis Bank for Rs 12,325 crore, as part of its plans to exit retail operations in 13 markets.
Thousands lined the route to catch a glimpse as Queen Elizabeth II's coffin, seen in public for the first time, made its journey on Sunday from Balmoral Castle in Aberdeenshire to arrive at the late monarch's official Scottish residence of Holyroodhouse Palace in the capital city of Edinburgh.
People came out of homes in large numbers, offered namaz at mosques, greeted each other with hugs and exchanged food and gifts across the length and breadth of India to celebrate Eid-ul-Adha on Sunday.
These could include strengthening the public-private partnership (PPP) dispute resolution mechanism, uniform PPP institutional framework, easier terms for infrastructure companies accessing bond markets, and tax sops, Business Standard has learnt. Investment in infrastructure projects with high multiplier effect has been the Centre's main plank to revive the economy, create employment and boost consumption.
There is money to buy the central public sector enterprises, but buyers will need a firm assurance that the disvestment programme will keep environment issues front and centre of their corporate plans.
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