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According to an internal assessment of the food ministry, shared with chief ministers recently, Tamil Nadu, Kerala, Jammu & Kashmir and Himachal Pradesh will see a massive reduction in their annual grain allocation.
Since the beginning of 2020, i-bankers have collected nearly Rs 1,800 crore by way of IPO fees. Interestingly, the India fees this year form just 1 per cent of the global fee pool of $13.7 billion from IPOs.
Union finance secretary T V Somanathan recently said the Centre had saved Rs 10,000 crore in FY22 on interest payments after adopting new accounting mechanisms for central government agencies and centrally sponsored schemes (CSS) for state governments. Speaking at an event, Somanathan said due to these, there was an unspent balance of Rs 1.2 trillion with state agencies from CSS as on March 31, 2022. This means this amount will be reduced from the Centre's borrowing for now and it can be considered a short-term saving for the exchequer.
'Most of the measures the finance minister announced will take effect after the lockdown.' 'By that time, millions of people will be starving.'
Not displaying the mandatory information, including country of origin, on products sold on their platforms in India, draws government's attention.
'I am sceptical of the Indian economy returning to a sustained high-growth trajectory any time soon'
A one-day complete lockdown to tackle the rapidly rising COVID-19 cases was enforced across Tamil Nadu on Sunday while police, local and health authorities stepped up measures to check violations.
Pfizer can show the FDA approval to the Indian regulator and present a case that based on whatever data submitted, the US regulator has granted a full marketing nod, says Sohini Das.
Cracking down further on hoarding, the Centre on Wednesday put onion and potato under purview of the Essential Commodities Act and imposed stock holding limits in a bid to improve availability and rein in prices.
A day ahead of former Congress chief Rahul Gandhi's visit to Rajasthan to raise the voice of the farmers against the farm laws, he said that the Centre should withdraw the laws and after thorough consultation with farmers and states, come up with a new set of legislations which the tillers would themselves want and is not something that is forced upon them.
Rupani on Sunday met Governor O P Kohli and staked claim to form the government, a day after he was elected by BJP legislators to succeed Anandiben Patel.
Under the TFA, a proposal of developed countries, WTO members are negotiating ways to facilitate trade, simplify and harmonise customs rules and reduce transactions cost. Although India is willing to negotiate on TFA, it has raised few concerns over the proposed agreement.
Suggestions have been invited from the public to improve the draft bill and July 19 is the last date for it.
The proposed lockdown, sans present relaxations, will be implemented from June 19 to 30 and on two Sundays (June 21 and 28) there shall be a full scale shutdown without any relaxations.
Strict lockdown-like restrictions are already in place in the southern stateand the Pinarayi Vijayan government decided to clamp the complete shutdown in the wake of severe spike in the positive cases.
The poll panel also referred to the reported strong oral observations of the top court against it during the last hearing on the PIL on the issue, saying they have "caused irreparable damage to the reputation of this institution built over the years".
'Everybody should be given rations. Nobody should be excluded.' 'Without an income, the present ration quota is not enough.' They should increase it so that one person can eat adequately for a month.'
Now, government is also contracting imports.
'When we talk about social distancing, it almost impossible to maintain this in slums.' 'So we had to talk to the people about cleanliness.' 'It was a task because everybody uses public toilets. So our volunteers targeted those spots to spread awareness.'
The 1,600-member crew and a slew of civilian workers were working like busy bees on Friday preparing the majestic warship IAC Vikrant for its commissioning on September 2.
The second part of our series on Prime Minister Narendra Modi's ministers with a criminal record.
Ola has reported its first operating profit of Rs 89.82 crore for 2020-21, even as the ride-hailing company's revenue declined 65 per cent to Rs 689.61 crore amid COVID-19 induced lockdowns. As per regulatory documents filed by ANI Technologies - the parent company of Ola - it had logged standalone operating profit (profit before finance cost, depreciation, amortisation and tax (EBITDA)) of Rs 89.82 crore in FY21 on a standalone basis, while it had registered a loss of Rs 610.18 crore in the preceding fiscal year.
After the Gujarat and Himachal elections and the municipal polls in Mumbai and Delhi, Karnataka, Rajasthan, MP and Chhattisgarh will elect new assemblies next year leading up to the Lok Sabha election in April-May 2024, points out Virendra Kapoor.
However, organisations such as the Missionaries of Charity will not be eligible for the extension benefits as their applications for a renewal of the FCRA registration have already been rejected, according to a notice issued by the ministry of home affairs.
'This four-member committee cannot supersede the four-five member ministerial committees, 25 top-level government bureaucrats, with whom we have had nine rounds of discussions each of which lasted for more than six-seven hours.'
Strengthening the portfolios of the home minister and the finance minister is a message that should not be missed, points out A K Bhattacharya.
Bureaucratic insensitivity gave way to compassion with the state administration, police and passersby joining forces to help the stream of Indians fleeing Delhi.
The reshuffle is aimed at speeding up the implementation of the government's ambitious programmes like the SmartCity project and focus on key sectors like Mines, Information Technology and Road Transport.
Mr Prime Minister, good economics and the welfare of the people are always good politics. If you follow my advice, you will be enthusiastically rewarded come election time. If you fail, history will hold you responsible, warns Kalyan Singhal.
Eying a prominent role in the next government at the Centre, the All India Anna Dravida Munnetra Kazhagam on Tuesday promised to extend populist schemes like distribution of free mixies, grinders, fans, milch cows and goats across the country in its Lok Sabha manifesto.
Coal Secretary Anil Swarup has been appointed as school education secretary.
Calling for public cooperation to the government's efforts to stem the spread of the virus, Stalin urged people to follow due protocol like social distancing and wearing of masks.
At an average national price of Rs 90 a kg in the retail market, it shows a jump by 20% in the last two months.
As the COVID wave gradually shifts to rural areas, several states are gearing up to check its spread through self-proclaimed lockdowns by Panchayati Raj institutions, creating a database of migrants and providing free online medical consultation to the sick.
Debt-ridden Future Group is now focusing on saving and rebuilding firms such as -- Future Lifestyle Fashions, Future Supply Chain Solutions, Future Consumer and Future Enterprises, after the Rs 24,713-crore deal with Reliance Retail was rejected by secured creditors, according to industry sources. However, Future Group's flagship firm Future Retail Ltd (FRL), which has nearly Rs 18,000 crore debt, is bound to face the corporate insolvency resolution process before the National Company Law Tribunal (NCLT). Other companies like Future Enterprises Ltd (FEL), Future Lifestyle Fashions Ltd (FLFL), Future Supply Chain Solutions Ltd (FSCSL), Future Consumer Ltd (FCL) can sustain on their own and can be rebuilt by restructuring their liabilities with the help of current lenders and investors, said an industry source close to the Future Group.
Union Ministers Smriti Irani and D V Sadananda Gowda have been dropped from Inter-State Council, official sources said on Wednesday.
To ensure effective distribution and supply of foodgrains through rations shops, the food ministry has called for creating advisory committees of experts in places where godowns of Food Corporation of India (FCI) and other state agencies are located.
The vaccine arrives at a critical moment for the US. Hospitalisations due to COVID-19 hit record highs for the seventh day in a row on Saturday.
Initial public offerings (IPOs) by start-ups are bringing cheer to investors and investment bankers alike. After food delivery company Zomato, Nykaa has issued the fattest pay cheque to the managers of its share sale -- Rs 148 crore, or 2.8 per cent of its issue proceeds of Rs 5,300 crore. In absolute terms, this is the second-highest amount paid to investment bankers for handling an IPO, while in percentage terms, it is the highest for large IPOs (>$300 million) in the last one year, shows an analysis of the data provided by Prime Database, a primary market tracker.
'They are not tom-tomming what a great thing the Supreme Court decision is.' 'If they say it was a great thing, the public will react because people suffered and are still suffering.'
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