I-T dept investigating black money angle; FM hints against bailout for bourse's investors.
There is the problem of regions in the North East being theatre for power-play by nations with borders and influences converging in those parts, which in turn requires a sizable presence of the armed forces, notes Shyam G Menon.
News, as a business, faces its biggest crisis ever, globally. To fight it needs investment in feet-on-the-ground journalism, tech tools like artificial intelligence among other things.
Indian economist Kalpana Kochhar, who heads the Human Resources Department of the International Monetary Fund, is leaving the organisation to join the Bill and Melinda Gates Foundation, the IMF announced on Wednesday. Kochhar, who served in various senior positions during her three decades at the IMF, will retire on July 30, it said.
Coming Wednesday, Finance Minister (FM) Nirmala Sitharaman will present the 2023 Union Budget - the last full Budget ahead of the 2024 Lok Sabha elections. While India exited 2022 as a relatively bright spot in the global economy, the FM will endeavour to present a Budget that insulates India's economy against global headwinds and recession in advanced economies, while sticking to the path of fiscal consolidation. In this, she is being helped by her core team of trusted advisors.
'Without doubt, India's success story will come up for close scrutiny when Modi's prime ministerial legacy is summed up in history.' 'A failure is simply unthinkable.' 'And the success will largely depend on national unity,' notes Ambassador M K Bhadrakumar.
Negotiations on with three brokers holding 5% of about Rs 5,500-crore (Rs 55 billion) overall dues
Acknowledging a job well done can go a long way especially for professionals who are the driving force behind an enterprise's business operations, notes Vijay Gupta, director-global human resources at Rahi, a tech solutions provider.
'No one needs to lose sleep if a person with better operational credentials supersedes lesser endowed peers,' says Group Captain Murli Menon (retd).
From the enactment of the capital control Act to the recognition of the BSE as a stock exchange and the infamous Harshad Mehta scam, here are the 18 biggest events for stock markets from 1947 to 1993.
That AAP managed a sizeable vote share in Gujarat is creditable. The BJP can no longer ignore AAP's growing presence in its strongest bastion, explains Ramesh Menon, long-time observer of Gujarat politics.
As many as 26 premises are being searched in these cities by the federal agency under the criminal sections of the Prevention of Money Laundering Act, they said.
The bench said the Union Cabinet Secretary will be the convenor of the task force and may nominate an officer not below the rank of Additional Secretary to depute for him, when necessary.
Since becoming the president of the UAE, Sheikh Khalifa has presided over a major restructuring of both the Federal Government and the government of Abu Dhabi.
Rainbow-themed badge adorns US training facility
'Most of the cases in Mumbai are asymptomatic -- 85 per cent you can say.' 'Only 10 to 15 per cent are symptomatic.'
IMF's Chief Economist Gita Gopinath will leave her job in January next year and return to the prestigious Harvard University, according to the global financial institution.
A second wave of Covid driven by the Delta variant engulfed the country in May-June bringing the health system to its knees and leaving people gasping for help.
The organisation established its electoral presence post-Independence in states such as Tamil Nadu, Andhra Pradesh, Kerala and Assam, with West Bengal being its main stronghold, but eight decades down the line, the party, now limited to just some pockets of the country, has no MP or MLA in its kitty.
LIC identifies the problems well, but what the markets will watch is how nimble it is with the solutions.
The action comes days after the CBI registered an FIR in the country's biggest alleged bank loan fraud case till date.
"The unsound analysis of the said article is based on the extrapolation of data without any epidemiological evidence," the ministry said, adding the studies used by the magazine to estimate the mortality are not validated tools for determining the death rate of any country or region.
'This pandemic has given him a new platform to perform,' says a member of the government. 'He should feel lucky that he has got an opportunity now to demonstrate to the world his original talent.' 'He needs a visionary script to perform.' Sheela Bhatt reports on the politics of the pandemic.
China said Islamabad is at the frontline of combating terrorism.
The sale will be quicker if an Indian private bank buys it; it will take longer for regulatory clearances if a foreign bank or an NBFC buys it, points out Tamal Bandyopadhyay.
Terming investment in infrastructure "quintessential" to boost growth, the Economic Survey on Friday said post unlocking of the economy, infra sectors are poised for growth and construction of roads is expected to return to the high pace attained before COVID-19. The infrastructure sector will be the key to overall economic growth and macroeconomic stability, the Survey said emphasising that the year after the crisis (2021-22) will require sustained and calibrated measures to facilitate the process of economic recovery and enable the economy to get back on its long-term growth trajectory. "Basic infrastructure facilities in the country provide the foundation of growth. In the absence of adequate infrastructure, the economy operates at a suboptimal level and remains distant from its potential and frontier growth trajectory.
'The 10% increase in women voters was a determined bloc of voters.' 'They were willing to try this third party, specially because it seemed it had done something in Delhi.'
Talking about the Tablighi Jamaat congregation, Agarwal said, "If the Tablighi Jamaat incident had not taken place and we compare the rate of doubling -- that is in how many days the cases have doubled, we will see that currently it is 4.1 days (including Jamaat cases) and if the incident had not taken place and additional cases had not come then the doubling rate would have been 7.4 days."
India may adopt norms similar to the US Federal Reserve model, which regulates conglomerate-led banks in the country.
Remember the trees that bend during the storm will survive; the ones that try to defy and stand straight tend to get damaged and uprooted, points out management guru Virender Kapoor.
The Supreme Court on Monday said it will examine the interpretation of sedition law, particularly in the light of media rights and free speech, as it gave protection to Telugu news channels -- TV5 and ABN Andhrajyothi -- from any coercive action in a case lodged against them under the colonial era provision.
Scientists associated with Indian SARS-CoV-2 Consortium on Genomics (INSACOG), the government panel that conducts research on different variants of the coronavirus, said they were surprised at noted virologist Shahid Jameel's decision to quit the group and wondered whether he was disillusioned with the government's handling of the pandemic.
Teams of the National Disaster Response Force started landing in Gujarat with the help of the Indian Air Force to undertake preventive evacuation of people living on the west coast, an IAF official said.
The defence minister clearly asserted that there will be no budgetary constraints to enhance the capability of the Army and meeting its other requirements.
It also opposed the suggestion that the contributions be transferred to the National Disaster Response Fund.
'We were number one in commodity, currency, electricity, bonds, spot and everything. 'The purpose was to create an accident and then exploit it to eliminate the group. There were so many vested interests and therefore they did this," said Shah.
Volkswagen fitted emissions cheating software for Australia cars too.
Executive lounges with happy hours, complimentary hors d'oeuvres, and complimentary services have been the norm - but not anymore.
'The prime minister did not think that COVID-19 was a serious challenge as late as March 20.'