Equity investors became poorer by over Rs 9.75 lakh crore in two days of heavy decline in the equity market, with the Sensex plunging 1,457 points on Monday. The 30-share BSE benchmark tanked 1,456.74 points or 2.68 per cent to settle at 52,846.70 on Monday. It had ended 1,016.84 points or 1.84 per cent lower at 54,303.44 on Friday.
Mudasir Ahmed Khan alias 'Mohd Bhai, an electrician with a graduate degree and a resident of Pulwama, arranged the vehicle and explosives used in the terror strike.
The Congress hit back at Modi and accused him of indulging in his 'trademark petty politics' and seeking to hide his 'abject failure and weak-kneed' approach to fighting Naxalism.
Here's the full text of Prime Minister Narendra Modi's address to a joint session of the United States Congress, delivered on Thursday.
Rediff.com does a quick checklist on what the two manifestos have to say on hot-button issues of the day.
India's Food Security Act entitles 82 crore people to 5 kg of foodgrains per person a month at Rs 1-3 per kg.
An order issued by the ministry of home affairs on Wednesday said Deputy Inspector General Meena has been "recalled" by the Central Reserve Police Force. Another CRPF DIG, Rajeev Ranjan Kumar, will be the new CEO of the canteens board with immediate effect for a period of three months, it added.
Axis Bank was the top gainer in the Sensex pack, rising around 3 per cent, followed by Sun Pharma, Reliance Industries, ONGC, HDFC, ICICI Bank, Kotak Bank and Bharti Airtel. On the other hand, Infosys, IndusInd Bank, HCL Tech, Nestle India and Tech Mahindra were among the laggards.
Leader of Opposition Mallikarjun Kharge, speaking on the Motion of Thanks on the President's address, charged the government with not delivering on its various promises, including generating two crore jobs per year.
The Centre said it does not object if Grione's bail conditions are relaxed on the same lines as was done in the case of another marine Massimiliano Latorre.
The four labour codes are unlikely to be implemented this fiscal in view of slow progress on the drafting of rules by the states and also for political reasons like elections in Uttar Pradesh, a source said. The implementation of these laws assumes significance because once these are implemented there would be reduction in take-home pay of employees and firms have to bear higher provident fund liability. "The ministry of labour is ready with the rules under the four labour codes. But the states have been slow in drafting and finalising those under new codes.
With lakhs of these workers stranded on highways and inter-state bus terminus, the government stepped in and asked states and union territories to immediately set up relief camps for migrant workers and others who are returning to their home states or trying to do so during the nationwide lockdown period.
President Ram Nath Kovind on Friday strongly defended the three new agri laws saying their benefits have begun reaching 10 crore small farmers instantly, and condemned as 'very unfortunate' the Republic Day violence and 'dishonour' to the tricolour during the tractor parade by the protesting farm unions in New Delhi.
Only three percent of Indians pay income tax; our tax-GDP ratio is among the lowest in the world. This must change. Our elites must realise that India's poverty has damaging consequences for them, and that they can help decrease it. The food security bill, with all its limitations, will hopefully contribute to generating such awareness, says Praful Bidwai.
The implementation of four labour codes in one go from April 1 next year will usher in a new wave of reforms in industrial relations and also help in attracting more investments but employment generation will remain a key challenge in 2021. This year has also been a challenging year for the work force as well as for employers due to the outbreak of the COVID-19 pandemic. The government imposed a nationwide lockdown from March 25, which had an adverse impact on economic activities and resulted in exodus of migrant workers from large cities to their homes in the hinterland. Many migrant labourers lost their jobs and it took months for them to return back to their work places from their native places.
'There is no point in just saying, 'hum wapas bhej denge (we will send Kashmiri Pandits back)'.'
Modi called for timely evacuation of those involved in off-shore activities.
'Mithun has showed Hindi cinema that a tall, dark man with a charming smile and a great physique can take the world on.'
China on Friday hiked its defence budget to $209 billion, maintaining a single-digit growth for the sixth consecutive year with a 6.8 per cent increase in 2021.
The murder of Atiq and his brother and the police encounter with his son have raised many questions about the propriety of how crime is tackled by the Yogi government. But Yogi knows he has the support of the people who are fed up with crime holding the state to ransom for decades, asserts Ramesh Menon.
A large percentage of total tourism business activity of India, which is estimated at $28 billion+ in forex and upwards of Rs 2 lakh crore in domestic tourism activity will be at economic risk through the year.
The IMF and World Bank have stopped loans, and the FATF warned its 39 member nations to block Taliban assets.
In Chanda's defence, one can always say, why would the Videocon Group take care of her husband as a quid pro quo to get a loan? After all, the group has taken money from the entire banking industry and ICICI Bank's share in the pie is not even 10 per cent. So, if it had a quid pro quo with Chanda to get the money, it must have had similar arrangements with other banks, too. If this is not the case, one must accept that it had got money from all banks, including ICICI, without any under-the-table conditions, points out Tamal Bandyopadhyay.
Arvind Singh, a member of Mahabodhi temple management committee, said the two injured included a national of Myanmar and another of Tibet. They have been admitted to the Magadh MedicalCollege and Hospital, he said
The Essential Defence Services Bill, 2021, introduced by Minister of State for Defence Ajay Bhatt amid din created by the Opposition over three new agri laws and the alleged Pegasus snooping controversy, seeks to replace an ordinance issued in June.
'The Chinese fault lines are tremendous and we need to exploit them.'
The Group of Ministers constituted for the creation of a separate state of Telangana on Wednesday discussed the sharing of river water and irrigation resources in Andhra Pradesh after the state's bifurcation, but failed to arrive at a resolution.
India must first improve working condition, then it can concentrate on Make in India concept.
Whether India can create labour-intensive factory jobs instead that it needs to put millions to work in the next few years looks very unlikely.
Sources said that the woman was waiting for a taxi near AIIMS when a cab driver offered her lift to Noida on Thursday. Midway, the driver stopped the car at a secluded place near Moti Bagh in South Delhi and allegedly raped her.
Record liquidity infusion by the central bank in the banking system during the financial year 2020-21 amid sluggish economic activity resulted in banks investing more in safe government papers than in extending loans, data from Reserve Bank of India (RBI) showed. This trend has not been seen in nearly two decades, barring 2016 - the year of demonetisation.
Our large military requirements make for an enormous buyer's leverage, which the defence ministry fritters away in piecemeal purchases
'Headley's testimony indicates to what extent the Pakistan government and its proxies can go to destroy not only Indian scientific talent but also international expertise.'
The labour ministry has made public a list of 60 officers -- essentially labour commissioners in 20 regions across the country -- along with their e-mail address and contact numbers. They will deal with distress calls from workers who are working under the 'central sphere'.
Counting of votes for the bypolls in Delhi, Uttar Pradesh, Punjab, Tripura, Andhra Pradesh and Jharkhand will be taken up on Sunday.
Suspected pro-Tamil protesters attacked and damaged a hotel run by a native of Karnataka in Chennai.
The defence minister clearly asserted that there will be no budgetary constraints to enhance the capability of the Army and meeting its other requirements.
From triple talaq to simultaneous polls, Prime Minister Narendra Modi on Sunday touched upon the various issues n his monthly 'Mann ki Baat' radio address.
After assuming power in 2014 with a full majority of its own, the BJP-led NDA government started an ambitious process of reforming labour laws in the form of codes aimed at making the framework less cumbersome with a variety of alterations. It had planned four codes each for industrial relations, wages, social security and welfare, and occupational safety, health and working conditions. To this end, 35 central labour laws were to be converted into four codes that would have had the virtue of streamlining labour relations. But none of the proposed code Bills could be converted into a law principally because neither trade unions nor industry representatives came on board. They hold the key to India's low-growth-high unemployment paradigm but the government may struggle to push them through this time as well. Somesh Jha explains why
The Eknath Shinde-led Maharashtra government has come under fire following the Centre's announcement that Tata-Airbus C-295 transport aircraft project would be set up in Gujarat, with the opposition seeking to know why the project that was supposed to come up in Maharashtra went to the neighbouring state.
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