As per the survey, the trade sector that comprises wholesale and retail grew by 4.8 per cent to Rs 14.79 lakh crore (Rs 14.79 trillion) in 2012-13, accounted for 15.8 per cent share in the gross domestic product.
According to an official statement, Modi, at a high-level meeting, instructed relevant officials to remain vigilant, closely monitor developments in Sudan and evaluate safety of Indian nationals there.
Begin the year-end review by assessing whether your portfolios are on track to achieve your life goals.
'If you look at assets truly working for us, you should look at Aakash and Great Learning.'
In a relief to senior Indian Police Service (IPS) officer Sanjay Kundu, the Supreme Court on Friday set aside the Himachal Pradesh high court direction to remove him from the post of state Director General of Police over allegations that he tried to pressure a businessman who claimed to have received a threat to his life from his partners.
The self-employed should invest in the National Pension System, a government-backed, low-cost retirement avenue where they can choose the mix of debt and equity that is right for them.
Under sharp attack, the Prime Minister's Office on Wednesday said the twitter account @PMOIndia has been "secured" by the microblogging company and will be handed over to the new dispensation which will take over next week.
The judge said the attitude of the accused left no option for the court, but to freeze Musharraf's bank accounts and confiscate his property.
'In the present era of strategic uncertainty and rapidly changing threats, no military professional now disputes the unavoidable necessity of a joint planning staff for the planning and conduct of joint operations so that integrated operations can be planned 'top down',' says Brigadier Gurmeet Kanwal (retd).
At the moment the process of "cooling down" was on at the Bagree Market and 15 fire tenders have been pressed into service for it.
'However, to establish a quid pro quo, one can potentially see several things, like whether they got any benefits from the party that they gave money to. That is something that people (of India) will gauge. But to finally establish that there was money paid as consideration, it would require an investigation, a proper investigation, to be able to come up with such conclusions.'
According to DMK, the voters are already consolidated on ideological lines, hence the impact of anti-incumbency, whether against the BJP Centre or the DMK state may not be too much, notes N Sathiya Moorthy.
Rahul Gandhi thinks his imaginary Congress is the silver bullet; Narendra Modi thinks he himself is the silver bullet; Arvind Kejriwal seems to think that neighbourhood councils are a silver bullet. But none of them is right, says Mihir S Sharma.
The company's accounts were audited by CAG as its shareholders include public sector banks.
Rishi Piparaiya lists three simple steps to manage the impact of rising prices and protect your financial future
Amidst a debate on controversies surrounding some of the Comptroller and Auditor General reports, the high level committee that went into the Commonwealth Games related projects, has suggested changes in the functioning and structure of top audit and vigilance bodies like the Comptroller and Auditor General making it a three-member body.
While presenting the Union Budget to Parliament earlier this month, Finance Minister Nirmalal Sitharaman had raised fiscal deficit target to 3.8 per cent of the GDP from 3.3 per cent pegged earlier for 2019-20 due to revenue shortage.
Over 100 people have been arrested so far in the crackdown, according to Punjab Police.
Jaahnavi Kandula was killed in January after she was struck by a police vehicle driven by officer Kevin Dave.
The Organised Crime and Corruption Reporting Project (OCCRP) on Thursday trained its guns on the Adani Group, alleging hundreds of millions of dollars were invested in publicly traded group stocks through Mauritius-based 'opaque' investment funds managed by partners of promoter family, charges the conglomerate denied vehemently.
Ahead of the Winter session of Parliament beginning on December 4, the Congress' Lok Sabha leader Adhir Ranjan Chowdhury on Saturday wrote to Speaker Om Birla, saying the expulsion of Trinamool Congress MP Mahua Moitra from Parliament is an 'extremely serious punishment and has very wide ramifications'.
The 55 basis point (bps) spike in the US 10-year bond yield, triggered by a combination of FOMC's hawkish commentary and BOJ's relaxation of the yield control curve (YCC) has made analysts cautious on Asian equities and expect them to trade sideways in the short-to-medium term.
Estimates (BE), slightly better than 74.4 per cent in the same period a year ago, according to Controller General of Accounts (CGA) data released on Friday.
MMFS is looking at a compounded annual growth rate (CAGR) of 18 per cent in assets under management (AUM) during FY23 to FY26 on the back of the strong recovery. The company has initiated risk-mitigating initiatives, including diversification into non-vehicle loans, building digital capacity and re-classification of customer profiles into affluent and mass-affluent in semi-urban segments to better target marketing.
The Centre's capital expenditure (capex) outlay for the April-June quarter (first quarter, or Q1) of 2022-23 (FY23) could be close to Rs 1.5 trillion, Business Standard has learnt. As a percentage of full-year capex Budget Estimates (BE) of Rs 7.5 trillion, this could be at similar levels to the trends in the past few fiscal years. It is in the July-September quarter (Q2) of FY23 that capex is expected to pick up, when a bulk of the long-term capex loans to states are expected to be expended.
The Attorney General of India Mukul Rohatgi, on Friday, asked the Supreme to recall its order on the BCCI in the case regarding the Lodha recommendations to be followed by the Indian cricket board.
Fiscal deficit in the first four months of 2012-13 stood at 51.5 per cent of the budget estimates -- slightly better compared to 55.4 per cent in the same period a year ago -- according to Controller General of Accounts (CGA) data released on Friday.
The Imphal Valley in Manipur, which remained peaceful for most of Friday, witnessed sporadic clashes later in the day as more security forces were rushed in from other states by road and air to calm down a state which had witnessed bloody ethnic rioting over the last 48 hours.
Policies to break down the business group format are far more likely to be effective, argues Simon Commander.
The power sector is always strongly correlated to economic activity and is receiving its share of investor attention as India's post-Covid-19 recovery continues. India's leading integrated power producer, the public sector undertaking (PSU) NTPC controls around 25 per cent of India's power capacity. It continues to increase installed capacity, in thermal as well as renewables (solar, wind, green hydrogen) and hydropower and pumped hydro, and also has backward integration into coal mining, and explored nuclear.
In a memorandum submitted to Manipur Governor Anusuiya Uikey, the 21 opposition MPs who signed the document demanded urgent rehabilitation and resettlement of the affected people to bring peace and harmony to the state.
The affordable housing segment may be seeing an uptick which is a good sign of consumption momentum. This is the biggest-ticket purchase for middle income and lower income families. The current activity is at least partly driven by a pause in interest rate hikes.
'While it is very easy to blame the chief minister, the bureaucracy should be held accountable. Chief ministers come every five years but bureaucracy is a permanent setup. The bureaucracy is trained for handling such situations with alacrity.'
The Union Government's fiscal deficit remained above the annual target for second month in row at the end of August, mainly on account of the impact of lockdown on revenue collections. According to the data released by the Controller General of Accounts (CGA), fiscal deficit during April-August was at 109.3 per cent of the annual target estimated in the Budget.
Congress leader Sachin Pilot on Thursday expressed happiness that the Congress party has taken cognisance of the issues raised by him about welfare of youth and corruption under the previous Vasundhara Raje government in Rajasthan, and asserted the party will contest the assembly polls unitedly to secure a massive victory.
DGCA's move seeks to ban perfumes for pilots as they have alcohol and can affect the results of breathanalyser tests. But the FAA and EASA have different standards, says senior journalist Shobha John.
Fiscal deficit had soared to seven-year high of 4.6 per cent of GDP in 2019-20, mainly on account of poor revenue realisation which dipped further towards the close of March because of the lockdown.
Expressing anguish over the manner in which women were subjected to grave atrocities in Manipur, the Supreme Court has said that mobs use sexual violence to send a message of subordination to the other community and the state is bound to stop this.
The Union government's fiscal deficit further widened to Rs 9.53 lakh crore, which is nearly 120 per cent of the annual budget estimate, at the end of October of the current financial year, according to official data released on Friday. The deficit widened mainly on account of poor revenue realisation. The lockdown imposed to curb spreading of coronavirus infections had significantly impacted business activities and in turn contributed to sluggish revenue realisation.
'Israelis arrested us before this war and continue to do so -- even more so -- now.'
