The Centre has informed the Supreme Court that the North and South blocks, which cover nearly 27 acres housing government offices in national capital, are proposed to be converted into national museums.
More than a year of Covid-19 has pushed most businesses into gloom but Reliance Industries Ltd (RIL) managed to reduce its gross debt 25 per cent, enabling it to turn towards its next phase of capital expenditure that has come in the form of a Rs 75,000-crore plan for green energy and power storage. The company managed to stay afloat during the pandemic because of its large presence in the consumer-centric businesses of retail and telecommunication (see chart: "A new Reliance"). These two businesses constituted 45 per cent of its EBITDA during FY21 from 36 per cent in FY20.
Indian economist Kalpana Kochhar, who heads the Human Resources Department of the International Monetary Fund, is leaving the organisation to join the Bill and Melinda Gates Foundation, the IMF announced on Wednesday. Kochhar, who served in various senior positions during her three decades at the IMF, will retire on July 30, it said.
Noah Dominic, Maya Dominic, Durga Dominic and Dominic Xavier recall via sketches a spectacular vacation in Lucknow.
A special aircraft of the Indian Air Force was sent on Saturday to bring back the Indian diplomats, officials and other staff members including a group of Indo-Tibetan Border Police personnel.
The latest rains since Saturday evening led to lakes and other water bodies overflowing and triggering flooding of several low-lying areas, including places affected last week, in Hyderabad and on the outskirts.
The sad truth is that the debt-to-GDP ratio will shoot up close to 90 per cent in the coming year, and the fiscal deficit glide path does not promise to reduce it substantially any time soon, predicts Mihir S Sharma.
With six airports handed over to the Adani group for 50 years, the government is now all set to hand over another 25 airports to private players in a bid to 'monetise' them. Official figures reveal that since 2017-18, the government has spent and will be spending Rs 14,500 crore on significantly revamping infrastructure at most of these airports before handing them over to private players. The Airports Authority of India (AAI), which operates these airports for the government, has spent billions of rupees in building new terminal buildings, runways, reinforcing taxiways, upgrading aircraft landing systems, radars and a host of other heavy duty and capital intensive infrastructure works.
"Twelve years after India's worst terror attack on Mumbai, two Taj hotels -- Colaba and Bandra have received a terror threat from Karachi. "I have had detailed discussions on beefing up security arrangements with both Maharashtra DGP and Mumbai Commissioner of Police," Deshmukh said.
'Personally, I have reached that stage where I think material things can't give you any satisfaction.'
The suggestions submitted to the Centre on Thursday evening also recommended restarting construction activities and allowing movement of labourers within the city, sources said.
The silver lining is that after two years, e-commerce has emerged as the top sector with $689 million in investments across 15 deals, accounting for 43 per cent of all investments in January 2021.
Prime Minister Narendra Modi on Sunday paid homage to the fallen soldiers at the newly-built National War Memorial in the nation's capital on the Republic Day for the first time instead of the Amar Jawan Jyoti beneath the India Gate arch.
The Tata group's tryst with mobile services, with either CDMA or GSM technology, did not really fly, forcing it to close operations and write off losses. Now the group is back in the big game, this time straddling the telecom equipment, network and technology space in India as well as the global market. To this end, it is leveraging the opportunities that flow from 5G technology through open radio access network, or O-RAN. Recently, the Tata Sons' subsidiary Panatone Finvest acquired 43.3 per cent in Bengaluru-based telecom equipment manufacturer Tejas Network for Rs 1,850 crore and announced it would buy another 26 per cent of the voting capital through an open offer.
Jelena Jankovic teamed up with men's world number one Djokovic at his tennis complex in Serbia's capital and beat the duo of Serbia's Davis Cup captain Nenad Zimonjic and 19-year-old prospect Olga Danilovic 7-6 in a mixed doubles contest.
The epicenter of the quake was Sonitpur and the quake occurred at 7.51 am at a depth of 17 kilometres, it said.
The 69 retired bureaucrats claimed that the country's public health infrastructure was crying out for investment
Punjab faces many mortal threats. For most of these the people of Punjab are themselves responsible. And unless they take a brutal hard look within, their future generations have to be resigned to continue living with this constant slide, warns Shekhar Gupta.
The Delhi Police has asked commuters to avoid Rajpath and its connecting roads on Friday morning as nearly 30,000 people are expected to throng the Red Fort on the occasion of International Day of Yoga, traffic officials said.
The memorial pays tribute to soldiers who laid down their lives defending the nation.
In another tweet, he congratulated his own government for completing the construction work on time.
If the initial analysis of this YJ-21 is correct, then China becomes the first country in the world to operationally field such a missile from a naval vessel.
'Pakistan has power -- they have the power of terrorism and the reluctance of the world to act against them.'
Most of the scanty 6.35% rise in the defence budget is accounted for by manpower and running expenses.
'Frankly, India has no role to play.' 'This is a showdown between the US and NATO on one hand and Russia on the other.' 'That said, the outcome of this titanic struggle in Central Europe will remould the world order and affect India profoundly,' argues Ambassador M K Bhadrakumar.
'Though I welcome the reduction of tax rates for corporates, I wonder why the benefits have been restricted to corporates and not to other business entities such as limited liability partnerships and partnership firms. This needs consideration', says Dinesh Kanabar.
Why do we need a bad bank, owned by the banks themselves when there are at least 28 ARCs around, asks Tamal Bandyopadhyay.
Several people had taken shelter under the recently constructed structure while it rained. The dead, all of them men, were mostly relatives or neighbours of Jai Ram, who was being cremated at that time, officials said.
Delhi Chief Minister Arvind Kejriwal on Thursday said dedicated centres will be set up for the treatment of black fungus or mucormycosis cases at three city government-run hospitals.
RBI says haste in easing norms for banks harmful to economy.
L&T was the top gainer in the Sensex pack, rallying 4.81 per cent, followed by M&M, Sun Pharma, Tech Mahindra, NTPC, SBI, ICICI Bank and Titan.
In the last five years, 37 bridges have collapsed in Uttarakhand. Another 27 bridges are on the brink of collapse. 'Our politicians don't view these bridge collapses as a setback.' 'Rather they see them as an opportunity to make more money.'
From the beginning of 2021 Wipro has moved on to a new organisational structure. Analyst tracking the company are now wondering if CEO Thierry Delaporte's attempt to bolster Wipro's presence in the BFSI (banking, financial services and insurance) space by acquiring Capco for $1.45 billion is a step taken too early. Though many agree that Capco as a target may be good, but Wipro, which has been the most aggressive player in acquiring firms compared to its Indian players, does not have much to show in terms of performance as it continues to lag peers.
The four death row convicts are Mukesh, Vinay Sharma, Akshay Singh and Pawan Gupta.
At Rs 340 a square feet a month, the nine-year pact is among the costliest.
India is ready, after battling the pandemic for two years, to travel once again.
Police are probing both the cases and efforts are on to trace the missing 9mm pistol, they said.
However, economic growth in five years of the UPA and NDA cannot be compared because of the now complex back series data, reports Indivjal Dhasmana.
Is anyone in the BJP listening -- to what Nitin Gadkari had to say, but possibly left unsaid? asks N Sathiya Moorthy.
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