India can now, if required, borrow up to $30 billion a year, up from $6 billion, from the International Monetary Fund for a three-month period which can be renewed twice more in 3-month cycles.
The source said logistics became a big issue for almost all the participating countries.
The whole idea is to have a balance between long-term and short-term goals.
The Centre needs to have dialogue with the Opposition instead of letting politics come in the way; it needs to stoop to conquer, says Aditi Phadnis.
The central bank is the money manager of the government, and not a guarantor of any debt.
'Everyone wants to get involved when there is success.' 'But what about guaranteeing it?' 'Making sure girls have the opportunity to succeed all the time?'
In household savings, there has been a persistent shift towards physical assets.
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The Union home ministry and the labour ministry have asked state governments to coordinate with the chief labour commissioner's (CLC's) office to give a comprehensive data of all the migrant workers by April 11.
The political-electoral calculus favours spending thousands of crores on vanity projects like Sardar Patel's statue and the Central Vista over building up our military to handle the confrontations and conflicts that loom large, points out Ajai Shukla.
The United States on Wednesday filed a case against China with the World Trade Organisation, alleging that the Asian powerhouse was illegally subsidising the production of wind power equipment.
Find out how you can put your gold -- stored in safes at homes and bank lockers -- to good use in case you urgently need money at comparatively low rates of interest.
The Indian Navy has a big role to play in support of our strategic objectives in the Indian Ocean. The increasing Chinese presence in the Indian Ocean is a matter of concern and need to be factored. Hence, the requirement of an Aircraft Carrier is a foregone conclusion, asserts Commodore Venugopal Menon (retd).
'Apart from providing you with the ability to withstand escalating medical expenses, a dedicated financial plan for health will also ensure financial independence in old age,' advises Arun Thukral, MD & CEO, Axis Securities.
A summary of sports events and sports persons, who made news on Saturday
Salil Dhawan shares his stock market wisdom as 2017 is all set to ring out.
Nitisha Negi, was one of the five Indian footballers who were swept away by a huge wave on Sunday when they ventured into the seawaters after the completion of the Games. The Pacific Games were not recognised by the International School Sports Federation, the parent international body. The Indian contingent had around 120 members.
Is the worst over for Indian banks? The past two years saw them ride on treasury trades as deposits soared and credit growth dipped sharply. Gross and net non-performing assets (NPAs) moved south, and the provision coverage ratio (PCR), capital buffers, and profitability indicators are back at pre-pandemic levels. So, what's the plot ahead?
Pointing out that action should be immediate, IMF said there should be a collective effort and that each country that has fiscal space should contribute. According to the agency, as the current crisis would last at least for several more quarters, the fiscal stimulus can rely, more than is usual, on spending measures.
'Democracy and dissent are being strangulated. It is not good for the country.'
ICICI Prudential has tied up with the healthcare service provider to enable investors in its ICICI Prudential Savings Fund use the money seamlessly for medical purpose.
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If the earnings in the first quarter of the current financial year are an indication, most banks, particularly those majority-owned by the government, have fared well, reveals Tamal Bandyopadhyay.
The immediate job at hand is the Asian Games where the men's team will defend the gold it won in Incheon four years ago.
The event will also hurt PNB's asset quality in the March 2018 quarter. While the finer details of the fraud have not been provided, making it difficult to gauge the exact impact, analysts say it will dent the bank's financials.
Operating sales in Mumbai and London were weaker by 20 per cent and 50 per cent, respectively.
The government plans to immunise 30 million people in the first phase, starting February, and by July, the target is to vaccinate 250 million people, reports Sohini Das.
Borrowing from BRICS bank will help India avoid other kinds of politics emanating from the West. Overall, the BRICS institutions will necessarily adopt alternative ways of doing things based on their own cultural and socio economic needs, says M K Venu.
'Everyone has to recalibrate their plans, preparations, peaking, meaning the tournaments they will play in in the lead-up to the Olympics.'
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Modi said a separate rating agency would help the economies of the member countries as well as other developing nations.
The PM said there was a need to tackle the problem of terrorism in an organised manner.
Lieutenant General Syed Ata Hasnain (retd), former general officer in commanding, 15 Corps, explains what may have happened during the Indian Army's anti-terrorist operation in Kashmir in which four soldiers and one policemen, including the commanding officer 21 Rashtriya Rifles, made the supreme sacrifice for the Motherland.
Last year, the US assistance to Pakistan was $534 million.
Supreme Court had on October 24 upheld government contention that non-core revenue in telecoms groups should be included in adjusted gross revenue. According to DoT's calculations, Bharti Airtel faces a liability of around Rs 42,000 crore after including licence fees and spectrum usage charges while Vodafone-Idea may have to pay about Rs 40,000 crore.
Prime Minister Manmohan Singh on Thursday announced Rs 500 crore as a special package for rehabilitation of rain-affected victims in Maharashtra in addition to the Rs 200 crore from the National Contingency and National Calamity Funds.
