The rural co-operative credit sector in the country is set to get a boost with $1 billion loan from the Asian Development Bank to the centre.
Yoga sessions will be organized for central government employees and their dependents by the 'Grih Kalyan Kendra', a welfare society working under the aegis of the Centre.
Tuesday's talks between Modi and Trump are likely to send across a clear message of growing congruence of interests between India and the US on major geopolitical developments in the region and beyond, particularly when China has been expanding its military and economic clout.
India is going into the longest lockdown in the world, with the least amount of notice given to its people and the least preparation by its government.
Infrastructure ministries asked to quickly resolve issues.
Modi said India and Russia have been friends for a long time and thanked Putin for inviting him for the first-ever informal meeting at Sochi.
The Haryana government is considering the proposal to set up special tourism zones on the pattern of special economic zones in the state and places of historical importance would be developed as tourism destinations
All that India must aim for is to match China's military prowess adjusted to equal Beijing's India-specific military capability, argues Vivek Gumaste.
The Congress has conceded the plum Finance portfolio to its junior partner, resolving a thorny issue, after its president Rahul Gandhi intervened and spoke to Kumaraswamy.
The main difference of opinion between RBI and FinMin is over the transfer of the RBI's 'excess' capital reserves. The Jalan panel seeks to convince finance secretary Subhash Garg to soften his dissent note language. The move is aimed at maintaining the now-cordial relations between the RBI and the finance ministry.
The government would be ironing out issues related to the controversial 'bail-in' clause in the earlier Bill, explore hiking the deposit insurance cover of customers, and decide whether the resolution framework should apply to public sector banks.
The central government has appointed India Invest Economic Foundation, a private agency, as consultant for operationalisation of new pension scheme by this month.
I kept insisting that Rs 100 notes were in short supply and there was an urgent need to augment the supply of 100 rupee notes while also rapidly bringing into circulation the proposed new Rs 500 notes. But this was easier said than done because all the note printing machines of the RBI were programmed for printing Rs 2,000 notes and required at least three weeks before the machines could print the new Rs 500 currency notes. The availability of currency paper posed another major bottleneck, and it had to be imported. It was decided to immediately start printing the Rs 500 notes. It was only when the supply of the new Rs 500 notes started improving and the process of change of cassettes at the ATMs gathered momentum that the situation began limping back to normal. A fascinating excerpt from former SBI chairman Rajnish Kumar's The Custodian of Trust: A Banker's Memoir, five years after demonetisation, November 8.
The agreement would divert China's attention and keep them busy in the Pacific theatre, probably resulting in a reduction in threat perception in our area of interest in the Indian Ocean, notes Commodore Venugopal Menon (retd).
Refusing to link his seeking voluntary retirement, a year before his superannuation, to his transfer to the relatively low profile power ministry, he said that he had conveyed his decision to the Prime Minister's Office on July 18.
'A fierce crusader against communalism, George joined hands with majoritarian forces, never to revisit or re-assess his saffron association.' 'He was a Union minister in 1998-2004, a time when people like Graham Staines were lynched in Orissa.' 'On the Gujarat pogrom of 2002, George went on to kind of justify the slashing of pregnant women, by saying in the Lok Sabha that this was nothing new for India.' 'Thus, he was in sharp contrast to what he had himself stood for in the heyday of his political career in the 1970s and 1980s, says Mohammad Sajjad.
After the Kerala government declared the coronavirus outbreak as a 'state calamity', as the three positive cases were detected from Thrissur, Alapuzha and Kasaragod, tourism minister Kadakampally Surendran admitted that the sector had suffered a hit. The sector had aggressively launched promotional advertisements in the domestic and international markets after the floods to revive the sector. However, all the efforts took a beating, with mass cancellations of hotel bookings after the outbreak of the infection in the state was reported.
According to the RTI reply, absconding diamantaire Choksi's company Gitanjali Gems tops the list of the defaulters with a whopping amount of Rs 5,492 crore. This is followed by REI Agro with Rs 4,314 crore and Winsome Diamonds with Rs 4,076 crore. Rotomac Global Private Limited has funded advances of Rs 2,850 crore which have been technically written off and Kudos Chemie Ltd with Rs 2,326 crore, Ruchi Soya Industries Limited, now owned by Ramdev's Patanjali, with Rs 2,212 crore and Zoom Developers Pvt Ltd with Rs 2,012 crore being the other companies to default on the payment. Mallya's Kingfisher Airlines figures in the list at number 9, with outstanding of Rs 1943 crore which have been technically written off by the banks.
On the White House website, his staff post a variety of proposals ranging from an "American First Foreign Policy" to killing former President Obama's climate action plan with agenda largely echoing his campaign website.
Led by Ajay Shriram, chairman and senior managing director, DCM Shriram, the CEO's delegation seeks to convey to their American counterparts the sense of optimism amongst Indian industry.
...but are we chasing yesterday's dreams, asks Ajit Balakrishnan.
Both civil and criminal action was being initiated against the hospital which was severely indicted of lapses by a probe panel in its report pertaining to the death of the seven-year-old girl, an official spokesperson said.
E-commerce giants such as Amazon, Netflix and Flipkart, whose headquarters are not in India, potentially have to pay the additional levy of 2 per cent from April 1.
Overall, cumulative direct investment from China stood at just $2.05 billion till June 2018, according to consolidated DIPP figures
'The answer for a quicker boost to growth is simple -- run a much larger deficit, use the resulting public resources to ensure adequate price support for agriculture, subsidise wage costs of MSMEs and accelerate public sector construction-intensive activities,' advises Nitin Desai.
The Cabinet can take a decision on the matter only after the Election Commission's approval.
The tripartite agreement was signed by Assam Chief Minister Sarbananda Sonowal, top leadership of the four factions of the NDFB, ABSU, Joint Secretary in the Home Ministry Satyendra Garg and Assam Chief Secretary Kumar Sanjay Krishna in presence of Union Home Minister Amit Shah.
The Modi PMO is like none other: It is staffed by people who are so low profile that the only dominant personality is the Prime Minister's.
The United States has said it has no problem with India's engagement with Russia, but cautioned that it was not the right time to have trade deals with Moscow because of a series of international sanctions against it.
Entrepreneurship, education and training will be provided in 2,200 colleges, 300 schools, 500 government ITIs and 50 vocational training centres through massive open online courses.
The Parthasarathy Shome committee gives its second reform report to finance ministry.
Huawei came under a cloud after allegations that the firm's electronic and telecom devices helped China spy on US corporations and agencies.
The Australian immunologist, who cautioned that the number of COVID-19 cases will rise in the coming days, said the earliest time frame for an effective vaccine 'going into large numbers of people' is nine to 12 months.
'The clearest interpretation of the November 8 mandate is that the backwards, Dalits and minorities, and a huge proportion of women cutting across caste and class, displayed massive consolidation to the extent that despite chipping of votes by the Left Front, by the Third Front and by the BSP, Mahagathbandhan candidates won, and in many cases by huge margins,' says Mohammad Sajjad.
The government has sought loan for converting 6,372-km of 1-lane highways to 2-lane out of the total 19,702 km single lane highways in the country under National Highways Development Project Phase IV.
The rate of cash withdrawals over deposits was almost double in Uttar Pradesh, Andhra Pradesh and Telangana, according to the latest analysis submitted by the RBI to the finance ministry.
China should not feel cornered by a raft of geopolitical moves by the US and Japan against it by forging closer ties with India, Russia and others in the region and Beijing should focus on becoming a strong economic and military power, a state-run daily said on Thursday.
The capital recorded 2,373 fresh coronavirus cases taking the tally to 92,175. With 61 deaths, the fatalities now stand at 2,864.
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