A large number of American companies like Google, Uber and IBM are offering their resources to help India successfully fight the battle against the deadly coronavirus pandemic.
The ICICI board is looking to the retired petroleum secretary to provide 'maturity and sagacity'.
UN economists announced a likely USD 50 billion drop in the worldwide manufacturing exports in February alone as the extent of the damage to the global economy caused by the novel coronavirus (COVID-19) moved further into focus. Citing the China Manufacturing Purchasing Manager's Index (PMI), Pamela Coke-Hamilton, who heads UNCTAD's Division on International Trade and Commodities, said that it had fallen to 37.5 -- a drop of about 20 points -- the lowest reading since 2004. "This also correlates directly to exports and also implies a two per cent drop in overall exports," she said, with a resulting "ripple effect" worldwide "to the tune of a USD 50 billion fall in exports."
Stand together and overcome these challenging times: Chhetri
From crisis leaders to future Goliaths, India Inc saw them all in 2017, says Shailesh Dobhal.
Key stimuli of the government's relief package will be a tax break on jet fuel, waiver of parking and landing charges at airports for the next six months and deferment of payment to oil companies by three months.
'India does not have the wherewithal to successfully manage a full blown covid-19 crisis,' warns Vivek Gumaste.
Support staff, officials and ground staff over 60 years of age and with individuals with underlying medical conditions are barred from attending training camps until "suitable guidelines are issued by the Government".
The reshuffle had politics at its heart, so the biggest complement of new ministers, both Cabinet rank and below, came from UP, which will see assembly elections in a few months.
India poses a "bigger problem" than China when it comes to fighting climate change, particularly on reducing carbon emissions, Democratic presidential aspirant and former New York mayor Michael Bloomberg has claimed. During his maiden appearance on a Democratic presidential primary debate in Las Vegas on Wednesday, Bloomberg said it was "ridiculous" of the Trump administration to take the US out of the 2015 Paris climate agreement, as he outlined his approach to tackling climate change.
Besides regular buyers, there is lot of interest among those in essential services, such as health, banking, and IT. The sales will be helped by social distancing becoming the new normal in both urban and rural regions as people will be averse to using public transport.
With cash shortage and plans going awry, the AirAsia owner is looking to cash out of the venture he built with Ratan Tata in 2013.
'It is very clear that Air India cannot be managed by the government.' 'Air India should be run as a separate profit entity.'
Union Home Minister Amit Shah spoke to Chief Minister Uddhav Thackeray through video conference and took stock of the state's preparedness to tackle any eventuality, the latter's office said. 10 units of the National Disaster Response Force (NDRF) have been deployed in vulnerable districts, while six others have been kept on a stand-by, officials said.
'The Covid situation is like demonetisation.' 'People were upset with the government initially, but eventually they voted for the BJP again.'
Addressing a meeting of the Congress Working Committee, Gandhi said it should worry every Indian and her party will have to work hard to repair this damage.
A party source said most of the leaders, however, are hoping that Gandhi will continue to lead the party as the Nehru-Gandhi family acts as a "glue" that binds the party together.
Though three crops of onions are raised in a year - early kharif, late kharif and rabi - their harvests are not evenly spread out.
By Monday morning, a dozen dissidents were ready to leave the Pilot camp. Having found a hole at the bottom of his boat, Pilot, with dwindling numbers, in sheer desperation, connected with Priyanka Gandhi, reveals Prakash Bhandari.
Singapore is the most favoured destination for people living in India, Indonesia, Thailand, Hong Kong and the Philippines when it comes to post-lockdown travel.
The weather office on Monday forecast heavy to very heavy rainfall over the next three days over some parts of Uttarakhand, which is still recovering from a deluge last week that is feared to have taken over 1,000 lives.
Two victims of the deadly Sydney siege were remembered on Tuesday by tearful mourners at private memorial services here, a week after a gunman held them hostage inside a downtown cafe in Australia.
'RBI was focusing on public sector banks perhaps thinking that private sector banks are managed efficiently while PSU banks are not.' 'Now, RBI has to focus on private sector banks too.'
Vardhan's elevation to the chairmanship of the 34-member World Health Organisation (WHO) Executive Board comes amid growing calls, including by United States President Donald Trump, to investigate how coronavirus originated in China's Wuhan city and subsequent action by Beijing.
The Seismological department said that the quake measured 6.8 on the Richter scale and lasted for about two minutes.
The combined Left parties drew a blank in the polls to the assembly which they had run with an overwhelming majority for 34 long years, with their vote share dwindling to a mere 5.47 per cent in 2021.
One fear among regulators is that allowing side pocketing could lead to fund managers taking higher risks. Even in the US, side pocketing is not allowed in mutual funds, only in hedge funds
'Time and again, through their actions, often more covert than overt, the BJP has shown that it is a power-hungry party and its hunger isn't getting satiated sitting in the Opposition.'
News of all that's transpired on and off the football field.
Equity benchmark Sensex tumbled 674 points on Friday, weighed by losses in banking stocks as an unabated spike in new coronavirus cases fuelled uncertainty over the economic impact of the pandemic. After hitting a low of 27,500.79 during the day, the 30-share BSE barometer ended 674.36 points or 2.39 per cent lower at 27,590.95. The NSE Nifty shed 170 points, or 2.06 per cent, to finish at 8,083.80.
"Now is the time for countries with room in their budgets to deploy -- or get ready to deploy -- fiscal firepower. In fact, low interest rates may give some policymakers additional money to spend," new IMF chief Kristalina Georgieva said.
The hospital, in the commercial hub of Bandra-Kurla Complex, will serve as an isolation facility for non-critical COVID-19 patients. Expected to be ready in a fortnight, the new makeshift facility can be scaled up to 5,000 beds, if needed. The Brihanmumbai Municipal Corporation will run the hospital that will have, among other things, oxygen facilities and pathological laboratories. Sohini Das reports.
Mamata Banerjee fended off a spirited challenge by a resurgent Bharatiya Janata Party in West Bengal with a landslide victory for her Trinamool Congress on Sunday for a third consecutive term and the saffron party and the Left Democratic Front were poised to form government again in Assam and Kerala respectively while the Dravida Munnetra Kazhagam stormed back to power in Tamil Nadu after a gap of 10 years.
Corporate leaders said a stable government at the Centre will help boost infrastructure spend, address agricultural distress, and encouraging employment.
How President and Managing Director Karl Slym is steering General Motors India after its US parent filed for bankruptcy.
Coming down heavily on MF players who in recent past chose to use shareholder fund to buy out debt of bleeding invested companies, Sebi said MFs can't have standstill agreements with companies and will take action against fund houses for such deals.
The defence minister clearly asserted that there will be no budgetary constraints to enhance the capability of the Army and meeting its other requirements.
The 41st meeting of the GST Council, to be held via video conferencing, has just one agenda for discussion -- making up for shortfall in states' revenues, sources said.
'We have been telling the government that we need handholding.' So, we sent a series of recommendations to the government, but nothing happened.' 'And the condition of industry became worse.'
Vishal Sikka who was made vice-chairman till his successor was appointed, also quit the board with immediate effect.
