Government offices located in New Delhi's central area, including North Block and South Block, will be closed from 2 pm on Thursday till 9:30 am on Friday in connection with the 'Run for Unity' to be flagged off by Prime Minster Narendra Modi.
Global banks Morgan Stanley and Citigroup and private equity firm Actis today collectively bought a six per cent stake in the National Stock Exchange (NSE) for an undisclosed sum.
The hit to economic activity will be mostly confined to the first quarter. And a third wave, if it materialises, is unlikely to be hugely disruptive for the economy, predicts T T Ram Mohan.
From March 3, investors in India will be able to trade in select US stocks through the NSE International Exchange (NSE IFSC), a wholly owned subsidiary of the National Stock Exchange (NSE). Investors can invest in NSE IFSC receipts on US stocks, which will be in the form of unsponsored depository receipts (DRs). For a start, this will include DRs of 50 US stocks such as Apple, Alphabet, Amazon, Tesla, Microsoft, Morgan Stanley, Nike, P&G, Coca-Cola, and Exxon Mobil. Indian retail investors will be able to transact on the NSE IFSC platform under the Liberalised Remittance Scheme (LRS) limits prescribed by the Reserve Bank of India (RBI), which currently stand at $250,000 per year.
The Enforcement Directorate, which continued its searches against Modi, Choksi and their companies for the fourth day on Sunday , is also moving to attach at least two dozen immovable properties under the Prevention of Money Laundering Act.
All the action from around the world last week, in case you missed it.
In one of the largest settlements arising from corporate scandals in the past five years, US-based Citigroup Inc has agreed to pay $2.65 billion to investors who claimed that the bank helped hide huge losses piling up at WorldCom
Telecom operator Reliance Jio Infocomm has arranged credit facilities worth $1.5 billion with lenders, including Bank of America and Barclays, to refinance existing loans.
Indicating a shift in stand, Shiv Sena MP Sanjay Raut on Thursday said his party is open to consider quitting Maharashtra's ruling alliance Maha Vikas Aghadi (MVA) if the rebel MLAs camping in Assam return and discuss their grievances with CM Uddhav Thackeray, while coalition allies Nationalist Congress Party and the Congress vowed support to the beleaguered governing bloc and asserted its majority can only be determined in the assembly and not outside.
Unprecedented rainfall in Japan unleashed heavy floods on Friday that ripped through parts of the island nation on Thursday, forcing more than 1 lakh people from their homes.
CCPA said the primary issues raised in the notices included 'deficiency in service'. This includes lack of proper response from customer support, driver refusing to take payment by online mode and insisting for cash only.
While the likely intensity of the third wave is still a matter of debate, wisdom lies in being financially prepared for it, advises Bindisha Sarang.
Learning perhaps from the Kargil debacle, Musharraf tried hard to evolve as a statesman in his dealings with India, recalls Rana Banerji, who headed the Pakistan desk at RA&W.
The 39-year-old was arrested by the Enforcement Directorate from Ranchi after the agency conducted multi-city raids against him, Singhal, her businessman husband Abhishek Jha and others, on May 6.
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.
At the bottom of the water index for 2016-17 are Odisha, Bihar, Jharkhand, Uttar Pradesh (UP), and Haryana, which are major producers of paddy, wheat, along with a host of horticulture crops.
'Today with Taliban at our doorsteps literally, we can't even put up our national flag. Only Allah knows, what will happen to Afghanistan now'
"Throughout our history we've learned this lesson -- when dictators do not pay a price for their aggression, they cause more chaos. They keep moving. And, the costs and threats to America and the world keep rising," Biden said addressing the joint session of the Congress in his first State of the Union.
Though largely seen as an official visit, with less than a year for elections, Shah during this trip is likely to meet senior party leaders including Chief Minister Basavaraj Bommai, veteran leader B S Yediyurappa among others
The resurgence of COVID-19 has dented but not debilitated economic activities in the first half of Q1 of the current fiscal even though caseload of infections is much higher than before, according to an RBI article. The ferocity of the second COVID-19 wave has overwhelmed India and the world, the article said, adding that war efforts have been mounted to stop the surge in its tracks. "The impact of the second wave on the real economy seems to be limited so far in comparison with the first wave. Evidently, the localised nature of lockdowns, better adaptation of people to work from home protocols, online delivery models, e-commerce and digital payments are at work," the article on the state of economy authored by RBI Deputy Governor M D Patra and other officials said.
The complex, parts of which are over 250 years old, is situated on the banks of the Ganga and is endowed with high ceilings, huge doors, and hanging skylights.
'I'm 79 + now, and I've been doing all this since my late 20s.' 'Sometimes the ideological war extends to the home as well.' 'Many nights I couldn't sleep when someone close to me uttered the smallest insult.' 'It would cause me a lot of pain. But one has to be honest to oneself.'
This year, the festival is being celebrated amid the Covid-19 pandemic, and many devotees said that they prayed to Chhathi Maiyya to keep everyone safe from the virus. "I am keeping fast without water for four days. We will pray to Chhathi Maiyya to keep everyone safe from COVID-19," says Rinku Devi, a devotee, after taking a dip in the river.
If the visit takes place, it will be the first trip by a senior Chinese leader to India after the eastern Ladakh standoff between the two countries began in May 2020.
When Kishore Biyani- led Future Group opened the 200,000 square feet Home Town store in Mumbai's Vikhroli early last year, it became a symbol of the group's giant-sized ambitions in home solutions.
Indians spent more on foreign investments during the past 12 months than they have since at least 2012.
Tag for defaults on nearly Rs 7,000 cr loans to long-grounded Kingfisher Airlines
'According to CMIE data, employment in manufacturing saw a reduction from 51 million in the country in 2016 to 27 million in 2021. 'That is, it has halved in just 5 years. 'At the same time, the national lockdown resulted in reverse migration to rural areas, and an increase in the number of workers in agriculture. 'It also means joblessness has increased in agriculture because there are too many workers; the number of workers went up from 200 million to 232 million.'
Chief minister Arvind Kejriwal on Saturday appealed to rival leaders to "not do politics" over Chhath Puja, even as he asserted that the restrictions imposed on its celebrations at riverbanks and other public places were for the safety of people amid the ongoing COVID-19 pandemic.
Olonga wasn't a cricketing great, not even Zimbabwe's best during the golden era of the country's cricket, but the beaded hair, a slinging action and a mean bouncer to get Sachin Tendulkar out on a lifeless Sharjah track made him a household name in India.
He also attacked Modi on the CBSE question papers leak and on the 'leak' of assembly election date for Karnataka, saying Modi was silent on these issues too.
The Reserve Bank of India (RBI) on Friday kept the key repo rate unchanged at 4 per cent in view of rising inflation and faint signs of economic growth amid the gradual lifting of coronavirus related countrywide lockdown.
The Budget emphasises on capacity building and empowerment of marginalised sections of society including farmers.
On the itinerary: Luxury camping, tribal homestays, heritage cities.
The BJP can't be sure if it should celebrate that the old rival is fading or worry that new ones are rising. Because the last thing the BJP wants to see is alternatives rising, if only to the Congress, observes Shekhar Gupta.
The once-delayed Games are due to start on July 23
The Income Tax department is likely to initiate prosecution against close to 300 people whose names have been submitted to the Supreme Court in connection with the probe into alleged black money accounts in HSBC Bank in Geneva.
GST mop-up likely to fall in May, June after touching record levels in April and March.
Over 20,000 people were evacuated to safer places in these three districts. State capital Mumbai too witnessed water-logging in many areas after overnight rains on Thursday.
The ceasefire, which followed mounting pressure from the United States, Egypt and other international brokers to halt the violence, came into effect on Friday.
