Resignations of Anil Ambani and four other directors were conveyed to the CoC of RCom in its meeting on November 20 and were unanimously rejected.
The revamp, which was announced in September last year, envisages a new triangular Parliament building, with seating capacity for 900 to 1,200 MPs, that is targeted to be constructed by August, 2022 when the country will be celebrating its 75th Independence Day.
Urjit Patel said said the process of remonetisation was on and estimation of costs was a complex exercise.
The overall poverty figure is 37 per cent and not 27 per cent as was estimated in 2004.
Taking advantage of the RBI's different accounting year, the Centre had started demanding an interim dividend till the time the latter's final balance sheet is prepared (usually in August). To address this anomaly, an expert committee led by former RBI governor Bimal Jalan had recommended aligning the RBI's financial year with that of the government.
Indian Parliament's new building will have a triangular shape to reflect the importance of triangles being a sacred geometry in various religions, while its interiors will have three national symbols as their main themes -- Lotus, Peacock and Banyan Tree.
Aviation turbine fuel accounts for 35-40 per cent of the total operating cost of an Indian airline.
If Nirmala Sitharaman does indeed present a 'never-before' like Budget on February 1, going by her promise, she would create a new benchmark for post-contraction Budgets, observes A K Bhattacharya.
Of the six-member rate-setting monetary policy committee, five members voted for a 25 bps cut while one by 40 bps, the RBI said.
India, which has shipped 'Made In India' COVID-19 vaccines to around 25 nations, on Wednesday urged the international community to stop 'vaccine nationalism' and actively encourage 'internationalism', underlining that hoarding superfluous doses will defeat global efforts to attain collective health security and combat the pandemic.
There were apprehensions in the SII about rival Bharat Biotech's 'indigenous' tag, opening up shortcuts for it. One senior person, who was very familiar with the sector, told me, 'The message has gone out from the very top. Somani (V G Somani -- drug controller general of India) has told me "Bharat ka karna hai".' A fascinating excerpt from Abantika Ghosh's Billions Under Lockdown: The Inside Story Of India's Fight Against COVID-19.
The Reserve Bank of India, for the second straight time, on Thursday kept its key policy rate unchanged at 5.15 per cent, maintaining its accommodative policy stance as long as it was necessary to revive growth. The central bank retained GDP growth at 5 per cent for 2019-20 and pegged it at 6 per cent for the next fiscal.
Replying to a query, whether the government has made any assessment of black money stashed by Indians in foreign countries, Jaitley said there is no official estimation of that.
This is the fifth straight cut in rates by the Reserve Bank of India in as much policy reviews in 2019, and takes the total quantum of reductions to 1.35 per cent.
UP's mills, dominated by the private sector's 94 units, have already expressed their inability to participate in the next crushing season
The International Paralympic Committee (IPC) warned Tokyo 2020 organisers on Friday that more accessible hotels and transport options must be found ahead of the showpiece event.
Going firm on their demand for repeal of the new agri laws, hundreds of farmers spent another night in the cold and withstood an early morning drizzle on Thursday on the Delhi-Uttar Pradesh border at their heavily-secured protest site at Ghazipur.
The fine is based on the loss estimated by internal committees of DoT to the national exchequer due to violation of licence norms by Vodafone.
National artificial intelligence unit stuck for lack of anchor department
Why do Innovation Revolutions happen outside India, asks Ajit Balakrishnan.
Delivering a public speech hours after the RBI launched a rescue act for Yes Bank on March 6, Governor Shaktikanta Das reiterated the RBI's affirmation to do whatever was needed to combat the coronavirus impact. On that day, India had only one confirmed COVID-19 infection, the World Health Organisation was five days off from declaring it as a pandemic and the financially debilitating lockdowns were not even on the horizon. Das' promise on efforts to mitigate COVID-19 impact appeared as a footnote in news reports from the event.
The appointment of new expenditure secretary comes a month-and-a-half ahead of the Budget for 2020-21 to be presented on February 1.
The government is also planning to set up specialised Benches for competition law to reduce the burden of the appellate tribunal, which is referred to on all matters from company law and IBC to competition law and the national financial reporting authority.
Despite the relaxation of the one-child policy in 2016, the number of live births per 1,000 people fell to a record low of 10.48 in 2019, down from 10.94 in 2018.
Extended check-in time, frequent disinfection every hour, additional queue managers at entry, exit, boarding point, check-in halls, security check areas and boarding gates, with social distancing markers and reminders - welcome to our airports post-coronavirus.
Chand pointed out that the government is willing to discuss the three farm laws clause by clause, and farmer leaders should consider this offer.
It is a record that the saffron party has created, where the majority of its legislators belonged to the minority community.
Among other things, the company is considering monetising the Global Village tech park located off Mysore Road in Bengaluru, for which private equity major Blackstone was said to have shown interest.
Brazil's government on Tuesday issued its first estimate of public spending on projects related to Rio de Janeiro's 2016 Olympic Games, though the 5.6 billion reals price tag is set to swell as more projects receive approval.
National estimates of the percentage of the population falling below the poverty line are based on surveys of sub-groups, with the results weighted by the number of people in each group.
It is time the government cast its net wide for seeking expert advice on managing the Indian economy and formed a group to help it navigate the difficult days ahead, advises A K Bhattacharya.
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The number of poor in the country declined to 27 crore (270 million) in 2011-12, from 40.74 crore in 2004-05, Minister of State for Planning and Parliamentary Affairs Rajeev Shukla said on Wednesday.
Tata Group is the country's most valuable group and has an estimated 4.1 million shareholders across its various listed companies
The panel suggests family head must be valued at skilled wage rates.
'The government must provide more funds to enable the armed forces to fight and win tomorrow's wars,' states Brigadier Gurmeet Kanwal (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.
The Reserve Bank of India (RBI) on Friday decided to leave the benchmark interest rate unchanged at 4 per cent but maintained an accommodative stance, implying rate cuts in the future if need arises to support the economy hit by the Covid-19 pandemic.
Sentiments were also bearish largely in tandem with a sell-off in global markets as US Treasury yields surged to multi-year highs on robust economic data and comments from the Federal Reserve, sparking fears of accelerating inflation, brokers said.
In this pandemic, why can't we have multiple locations for various disciplines, all of it then merged into a virtual convergence called the Olympics instead of one massive event in one city, asks Shyam G Menon.
At the Team Anna meeting in New Delhi, Mufti Shamoon Qasmi, a member of its core committee, stormed out and announced his resignation. In an exclusive interview with Rediff.com, Qasmi blasts the Team Anna leadership.
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