Suresh Prabhu on the priority being given to safety and the need for more funds for railways to move ahead.
The survey has found that in one district, 50-60 per cent of the sampled population has developed antibodies to COVID-19, they said.
Market-linked products have been driving the growth of private insurers for some time now. But, the market volatility has forced the companies to re-think their strategies, reports Subrata Panda.
Amid the continuing stand-off with the Bharatiya Janata Party over the proposal to appoint a Chief Executive Officer for Mumbai, the Shiv Sena on Monday warned its former ally to consult it before taking any such decision for the megapolis.
Sebi has approved the norms for financial institutions setting up shop at GIF City in Ahmedabad.
Insurance sector to get lot of foreign investment: Jaitley.
At least 12 labourers were in the under-construction building and all of them are feared trapped, Chief Fire Officer Arun Kumar Singh said.
'How can we tolerate such high-handedness?'
The 30-share BSE Sensex surged by 477.24 points or 0.83 per cent to close at more than one-week high of 57,897.48. As many as 28 of its constituents closed with gains while two declined. The broad-based Nifty of the National Stock Exchange rose by 147.20 points or 0.86 per cent to settle 17,233.45, tracking gains in Sun Pharma, Asian Paints, and Reliance Industries.
Marking a key milestone in the Indian government's fight against black money allegedly stashed abroad, India will get this month the complete information on flats, apartments and condominiums owned by Indians in Switzerland as also on earnings made from such properties to help it look into tax liabilities associated with those assets.
What these elections prove beyond any doubt (if ever there was one) that Modi's hold over public mind and Shah's mastery of election management are unparalleled. It doesn't seem likely that they will be matched any time soon in the Indian political scene, reaffirms Shreekant Sambrani.
Walmart-owned Flipkart will undertake a buyback employee stock options worth about Rs 600 crore, according to sources Earlier in the day, Flipkart announced raising $3.6 billion (about Rs 26,805.6 crore) in funding from a clutch of investors that valued the e-commerce major at $37.6 billion (about Rs 2.79 lakh crore). In an e-mail to employees, Flipkart group chief executive officer Kalyan Krishnamurthy lauded the critical role played by the staff in reaching this milestone.
At the same time, it is learnt that Indian officials in Ukraine are facing growing complexities to evacuate the Indians to the neighbouring countries with Russian forces closing in on Ukrainian capital Kyiv and targeting several other key cities by land and air.
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.
The development has come in the backdrop of Yediyurappa openly seeking JD-S support.
December 2022 could be the last Christmas for Santha Bakery, a business drawing its lineage from the first Christmas cake baked in Kerala.
Adhikari, the face of the Nandigram movement that catapulated Mamata Bannerjee to power in 2011, sent his resignation letter to the chief minister by fax, which he then forwarded to Governor Jagdeep Dhankhar by e-mail.
Amendment to the Act, sovereign guarantees, investment portfolio, realty holdings, and governance issues to shape valuation.
That's the only way to convince those who have money to return to the bank fold, ditching other asset classes, says Tamal Bandyopadhyay.
Three firms, Vishvapradhan Commercial Pvt Ltd along with AMG Media Networks and Adani Enterprises Ltd, have offered a price of Rs 294 for the acquisition of up to 1,67,62,530 fully paid-up equity shares of NDTV having a face value of Rs 4 from the public shareholders.
Officials said the Nigambodh Ghat Sanchalan Samiti, which manages the operations at the crematorium, delayed the last rites by a few hours and approached municipal authorities to seek directives in view of the coronavirus outbreak.
How should one billion Indians, for whom deprivation has become an inescapable way of life, join us in celebrating 75 years of Independence? And where do we go from here? asks Kalyan Singhal.
The chief minister further expressed the way he has been feeling about lakhs of men and women, and especially senior citizens, who can barely breathe in the toxic air, which is currently evolving in Delhi.
The Supreme Court on Monday refused to entertain a plea from the BJP seeking a direction to the West Bengal government, state election panel and other functionaries to prepare a comprehensive action plan and deploy sufficient central police forces to ensure free and fair municipal polls in Kolkata.
One thing is for sure: It smacks of the regulator's lack of confidence in the bank's board, points out Tamal Bandyopadhyay.
Simran Dhir talks about Delhi, Indian parents and the inspiration behind her debut novel Best Intentions.
Apart from being the most successful cases under the IBC, Bhushan Steel and Essar Steel are among the best steel assets in the country. They also ended up helping their lenders get back a significant chunk of the money while allowing Tata Steel to consolidate its position and giving the world's two largest steel makers - ArcelorMittal and Nippon Steel - a strong foothold in India. A significant contrast was the pace at which these two cases were resolved under the bankruptcy code. In the annals of the Insolvency and Bankruptcy Code (IBC), Essar Steel may go down in history as the most noticeable resolution with the world's largest steelmaker, ArcelorMittal, and the incumbent, Ruia family, locked in an intense battle spanning more than two years and ultimately resulting in full recovery of the principal amount for the financial creditors.
The move would help insurance firms to get much needed capital from overseas partners.
"Reaching an international agreement on how large digital companies are taxed has been a priority for the chancellor since he took office," said a spokesperson for his UK treasury office. "The chancellor's consistent position has been that it matters where tax is paid, and any agreement must ensure digital businesses pay tax in the UK that reflects their economic activities. That is what our taxpayers would expect and is the right thing," the spokesperson said.
The currency market won't care for our moans, groans, cries and sighs. The rupee will find its own level, explains Tamal Bandyopadhyay.
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.
So which sectors are likely to do well in 2022? Should you focus on domestic economy-related sectors or export-oriented ones?
'The government wants foreign companies to capture the insurance market.'
President Zelenskyy's telephonic conversation with Prime Minister Modi came hours after India abstained on a UN Security Council resolution by the United States that 'deplores in the strongest terms' Russia's 'aggression' against Ukraine.
Isn't it time to review the 'fit and proper' criteria for banking licence, particularly with reference to individuals applying for it, asks Tamal Bandyopadhyay?
Violation of the provisions entails a punishment of a jail term of up to five years or with fine up to Rs one crore or with both.
Top officials of the environment ministry, Delhi Development Authority and municipal commissioners also stayed away from the deliberations.
'It is advisable to invest in them early in life and stay invested for a longer period to achieve long-term goals and accumulate wealth.'
The market price action seems to point in this direction. Let's hope we finally break out. It is about time! asserts Akash Prakash.
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.
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