'Rate cut should reiterate RBI's commitment in providing confidence to consumers and small business.'
"We will raise Rs 300 crore via bonds of two-, three- and five-year tenures. This will be our maiden bond issuance and is part of our effort to widen funding sources," says Vimal Bhandari, executive vice-chairman and chief executive officer (CEO), Arka Fincap. The firm, a subsidiary of Kirloskar Oil, is only five years old and small (assets of around Rs 5,000 crore with an "AA" rating), but the response to this float will be closely watched: It would be the first by a non-banking finance company (NBFC) after Mint Road upped the risk weights on bank exposures to them by 25 percentage points. The move by the Reserve Bank of India (RBI) has caught NBFCs off guard even though the issue had been flagged by Governor Shaktikanta Das with their corner-room occupants (and that of banks) in July and August 2023 - on consumer credit and the dependency on bank borrowings.
In a letter he wrote to the Chairman, Kharge urged him to not take up any other business in the House and keep the proceedings limited to the discussion on the security breach.
Following the party's sweep of assembly elections in three Hindi heartland states against the odds, the BJP's brain trust is now busy game-planning as to how it can improve on its 2019 Lok Sabha election tally of 303 seats.
Election Commission officials said they have deployed around 680 companies of central police forces and over 20,000 state police personnel in over 53 constituencies of South 24 Parganas, Kolkata South and Hooghly districts going to the hustings on Saturday in the fifth phase of polling.
A dozen teams of the NDRF will be deployed to ensure the safety of the people who embark on the yatra from July 1, they added.
The alliance adopted a resolution to this effect and said its theme for the elections will be "Judega Bharat, Jeetega India, (India will unite, India will win)".
Tech titan Google on Thursday announced new online safety initiatives in India, including multi-city cybersecurity roadshows to upskill about 100,000 developers and digital safety-focused grants of $2 million from Google.org to community organisations.
'India has ramped up infrastructure on its side, so the Chinese military is finding Indian soldiers in locations where they are not used to seeing an Indian footprint,' points out Harsh V Pant.
Union Law Minister Sadananda Gowda asked the Karnataka government to form a special squad to keep a watch on foreign students, in the wake of the Sunday incident.
Aziz said all issues, including Kashmir, would be part of the peace talks under the agreed formula for the fresh re-engagement with India.
The two sides, sources said, also agreed to stop ceasefire violations along the International Border "through enhanced communication via multiple modes at all possible levels".
The announcement comes days after senior journalist Shujaat Bukhari was shot dead in Srinagar.
The Vishwa Hindu Parishad has too decided against observing the 27th anniversary of the demolition as "Shaurya Diwas".
Days after rebuffing outreach attempt by a group of MPs, hardline Hurriyat Conference Chairman Syed Ali Shah Geelani has said that talks with New Delhi are bound to fail till the "gravity and intensity" of the Kashmir issue is agreed upon.
'However, a lot of preparatory work would have to go in and China must be prepared to announce an end to the standoff by disengaging from the remaining areas along the LAC.'
If the analysis of the satellite imagery is accurate, North Korea may be taking a small but significant step toward the disarmament.
The Indian position has never been correctly articulated by successive governments, says security expert Ajay Sahni.
Prohibitory orders imposed under Section 144 of the CrPC will be relaxed for a total of 10 hours on Friday in view of improvement in the situation, the ministry said.
Against the backdrop of recent incursions by Chinese troops into India, the two countries are working to conclude a new border defence agreement with an aim of signing it when Prime Minister Manmohan Singh travels to Beijing possibly in October.
Uttarakhand minister Satpal Maharaj said an inquiry will be conducted to find out how multi-storey buildings were allowed to be constructed in Joshimath which has been sinking for at least 20 years.
The relation between India and China has broad influence on Asia's security and the United States will continue to engage with them to encourage regional stability, the nominee for the Pentagon's top policy post for the Asia-Pacific region said.
India on Friday said the onus is on China to address the remaining unresolved issues relating to the eastern Ladakh row and that peace and tranquillity along the frontier were key for the restoration of normal relations between the two sides.
As Covid-19 cases surge in India, companies have realised it's a tightrope walk between maintaining production and ensuring employee safety.
Step away for a team lunch, vacation and outings which will help keep a check in with the emotional, mental and physical wellbeing of everyone.
'India is showing a reasonable amount of resilience, but we are still living in a world that is quite fragile.' 'That's why we hope that the government will continue to invest significantly in public capex so that we are able to ride through this cycle till the private sector is able to play its part in investing and adding to the capex cycle.'
The Budget oration of the finance minister and the confidence with which she delivered it, along with the measures and the recent upsurge in the economy would all contribute to unleashing the storied 'animal spirits' and help the economy run on the growth path quite smoothly. Or so the government hopes, notes Shreekant Sambrani.
'The PLA is under constant watch.' 'There is an escalation matrix. For every degree of escalation, responses are thought of and trained for.'
Delving into deeper topics, fleshing out a timely satire, rooting for womanhood while being full of beans, dance, music, charm and comedy, Greta Gerwig's creativity knows no bounds, raves Sukanya Verma.
Bootstrapping has put Nithin Kamath of Zerodha in a position where he can trifle with talk about valuation, points out Suveen Sinha.
Maybe, the need for secrecy may have tied the government's hand from sharing details in Parliament. Still, it should consider the need of sharing the utmost within any consultative committee, so that relative secrecy is still maintained. But such a course should involve the prime minister or home minister, as it is much more serious than is being made out to be, argues N Sathiya Moorthy.
Describing the boundary talks with China as "positive", National Security Adviser Ajit Doval on Friday said India has inalienable positions and the government will protect vital national interests.
In a major setback to peace talks, the Pakistani Taliban on Wednesday refused to extend the 40-day "gift of ceasefire" but said they were committed to the process the government initiated to find a solution to the decade-long insurgency that has claimed thousands of lives.
This was the first round of talks for Wang after he succeeded State Councillor Yang Jiechi earlier this year.
The government has asked the eleven municipal areas to step up monitoring in old cities, urban slums and other high density pockets like camps and clusters for migrant workers for management of COVID-19 cases.
India said a new mechanism will be set up for issues relating to trade and investment.
Reserve Bank Governor Shaktikanta Das said on Monday that fair and impartial auditing is essential for a resilient economy as it instils confidence among citizens. Addressing officers at the National Academy of Audit and Accounts, Das said that audit is important for the country as public expenditure decisions are based on these reports. Observing that there is a need to improve the quality and depth of audit, he said the Reserve Bank has taken a host of steps in consultation with the Institute of Chartered Accountants of India (ICAI) for improving the audit of banks and financial institutions.
MEA said Pakistan has been using terrorism as state policy against India and it must stop exporting terror.
Protesters also burnt effigies of Banerjee and vowed to continue their fight for Gorkhaland.
The stand by China spelt out by its foreign ministry insisting that it takes the 1959 line on perception of the LAC amid a nearly five-month-long border standoff in eastern Ladakh triggered a strong reaction from India.
