While its performance in Bihar, has boosted fund collections, corporate contributors are still waiting to see its performances in Assam, Kerala, Tamil Nadu and West Bengal before committing funds to the Congress.
Taking exception to top Indian tennis players' reluctance to compete in the recent Asian Games, the Sports Ministry on Wednesday said individual players will be able to avail government grants only if they undertake to be available for India whenever called upon.
A top official of the Paralympic Committee of India (PCI) said that the para-athletes were initially denied entry when they arrived at the Games Village as the Sports Ministry had not till then cleared funds to the tune of US$2.5 lakh.
Private sector banks reported a robust profile with healthy growth in net interest income (NII), credit offtake and reduction in provision burden for the fourth quarter ended March 2023 (Q4 of FY23). However, as a pack, their net profit declined by 9.7 per cent year-on-year (YoY) at Rs 25,317 crore in Q4. This is because Axis Bank posted losses due to its one-time hefty charge for the acquisition of Citibank India's consumer business.
The Department of Telecommunications (DoT) has asked Vodafone Idea (Vi) to come back to it with a business plan soon in light of its decision not to launch 5G services for now (unlike its competitors Reliance Jio and Bharti Airtel) and in view of its assessment of the possible impact of BSNL's impending launch of 4G in a few months and then 5G by August 15. "We are worried about Vi as we want to have three private players and one government player in the market. "The global trend now is to have two to three players.
The two leaders discussed the law and order issue. Mann told Shah about the circumstances leading to the Ajnala incident, sources said.
It was BCCI that 'bought' Neeraj Chopra's javelin during e-auction in 2021
Days after a renowned cyclist accused her coach of sexual harassment, a national level female sailor has alleged that a coach made her "uncomfortable" during a foreign exposure trip to Germany.
The balance sheet of the Reserve Bank plays a critical role in the functioning of the country's economy.
Being made a member of the Cabinet Committee on Political Affairs makes her an important player in BJP politics, observes Rashme Sehgal.
The Reserve Bank on Tuesday directed digital lending entities to disclose upfront the names of of their empanelled agents authorised to contact borrowers in case of default of loan, and also intimate the details to customers before initiating the recovery process. In August last year, the RBI had tightened norms for digital lending to prevent charging of exorbitant interest rates by certain entities and also check unethical loan recovery practices. Under the new norms, all loan disbursals and repayments are required to be executed only between the bank accounts of borrower and the regulated entities (like banks and NBFCs) without any pass-through/ pool account of the Lending Service Providers (LSPs).
The probe pertains to alleged financial irregularities in the Congress-promoted Young Indian Private Limited, which owns the National Herald newspaper.
The challenge for the RBI in 2024 is likely to be less about containing elevated inflation and more about curbing excessive financial market exuberance and a 'problem of plenty', notes Sajjid Chinoy, Chief India Economist JP Morgan.
From the date you put in your papers, the employer will promptly freeze your salary payouts and you will get everything along with the full and final settlement.
If you are planning for a long-term goal like your child's education in a foreign university, invest about 20% of your portfolio in foreign assets that can provide a hedge against the rupee's depreciation.
There are loans to salaried people where the borrower is employed, but has failed to make repayment. Such loans would be identified and sold in a pool to ARCs.
'Citizens have given money to PM-CARES, so they have the right to know what has happened to their money.'
Qin, who recently succeeded Wang Yi, had a phone call at the request of Bilawal on January 9, a Chinese Foreign Ministry statement in Beijing said on Tuesday.
'The Pakistani military has encouraged and supported terrorist organisations, especially in Kashmir, as a means of waging proxy war against the Indian military and the country's superior economic resources.' 'The evidence is irrefutable with the recent killing of 46 paramilitary troops being just the latest example.'
Also build a contingency fund equal to 9 to 12 months of expenses.
States have been told to prepare in advance to counter any impact of an adverse southwest monsoon.
To further strengthen the supervision on non-banking entities (NBFCs), the Reserve Bank on Tuesday issued revised guidelines on a Prompt Corrective Action (PCA) framework for such companies, excluding government-owned ones, effective from October 1, 2022, on the lines of what it had introduced for banks in 2002. The RBI came up with stricter supervisory norms under the PCA framework for banks after their bad loans mounted and balance-sheets bled badly. This involved restricting them from fresh lending, brand opening and, hiring, among others. The RBI said the revised PCA framework is also applicable to all deposit-taking non-banking financial companies (NBFCs), all non-deposit taking NBFCs in the middle, upper and top layers, including investment and credit companies, core investment companies, infrastructure debt funds, infrastructure finance companies and microfinance institutions.
However, flow of funds, would naturally rest on economic growth, reports Ajai Shukla.
Thakur lauded her and all others who finished on the podium, presenting them with mementos to honour their feats.
Resist the temptation to react to every move of the market and remain disciplined with your investments till you reach your financial goal.
'The Jalan Committee has now provided very clear guidelines on how the (RBI's) balance sheet should be looked at, what kind of disclosures should be made, what are the principles on which the Contingency Risk Buffer should be maintained, what should be the revaluation reserves, and the market risk to the Contingency Risk Buffer.'
Farmers in Mathura, Uttar Pradesh, were a distressed lot when compensation cheques issued to them for crop damage by state government bounced.
The states have outstanding liabilities of a whopping Rs 59,89,360 crore as on March 31, 2021, and the new sources of risk have emerged in the form of rising expenditure on non-merit freebies, the Supreme Court was told on Thursday by a PIL petitioner opposing irrational handouts.
Commercial banks in the country continued with their improving asset quality trend in the October-December 2021 quarter with slippages remaining under control coupled with healthy recoveries and upgradation of asset classification. The 28-listed banks reported improvement in bottom line with net profits rising 64.1 per cent year-on-year (YoY) and 21.5 per cent sequentially. This is mostly on account of a fall in provisions and contingencies.
The move will increase working capital requirement for brokers, raise the work load on the system and will leave little room for contingencies.
The central government should provide for free vaccination to all Indian citizens and greatly ramp up RT-PCR testing in both rural and urban areas, a group of former civil servants said on Thursday in an open letter to Prime Minister Narendra Modi.
Tax benefit on WFH expenses, regulatory clarity on cryptos figure high on their wish list.
Limited visibility around tariff hike and lack of clarity on new funding could make Vodafone Idea "more dependent" on any form of government relief for improvement of its fundamentals, BofA Securities has said in its latest report. The top brass of cash-strapped telco Vodafone Idea had last week said 'floor price' remains the "best and most preferred" fix for industry's woes arising from tariff-related issues. The company, whose fundraising plans have been significantly delayed, had further said it is in active talks with potential investors, and emphasised that there is no reason to start working on an alternate 'Plan B'.
Just in case you have surplus funds and are thinking about it, here are some pros and cons you must know...
A sport ministry source said the government has not granted permission to any athlete to travel to Pakistan for the event.
Chances of staying true to your goals tend to be high when you don't lose sight of what you set out to achieve, advises Arun Thukral, MD & CEO, Axis Securities.
Sri Lanka is facing its worst economic crisis since gaining independence from the UK in 1948.
The fourth day of questioning was deferred from June 17 to this day after Gandhi requested the agency for postponing the session as he wanted to be with his mother and Congress president Sonia Gandhi in hospital, where she is admitted for post-Covid issues.
A cyclonic circulation over Haryana was the trigger for the deadly dust storm that swept parts of Rajasthan and Uttar Pradesh, weather experts said.
Cabinet sub-committee to review the situation and take necessary steps.
