'At the first board meeting I chaired, I sensed that corporate governance is an issue in this company.' 'I started taking steps that may have aggrieved a few.' 'This has now become a mission I intend to accomplish before I step down.'
Pakistan on Wednesday informed India that Indian inmate Kirpal Singh died of a heart attack at a jail in Lahore two days back after the issue of his mysterious death was taken up with the Pakistani authorities even as the government said it was awaiting further details in the case.
As the United States prepares to sell F-16s to Pakistan, the country's former top diplomat has warned the Congress that such fighter jets would end up being used against India and not against terrorists.
The US president lauded the announcement on Twitter, writing "Great progress being made but sanctions will remain until an agreement is reached. Meeting being planned!"
Experts said the direction is meant to maintain party unity.
The Malegam committee on the RBI's capital adequacy had suggested that the RBI must move away from its methodology to calculate the foreign exchange gains to a weighted average cost-based valuation method. Central bank may done away with provisioning requirements, to enable higher transfer of surplus in the 2017-18 fiscal, analysts say.
The airline intends to raise the money to meet its cash flow requirements and had got the shareholders' approval for the same on July 24.
India's Parliamentary Standing Committee on Food and Consumer Affairs has called for a complete ban on futures trading in essential commodities like wheat, rice and sugar.
The government on Friday said it has started implementing liberal FDI rules under which proposals up to Rs 1,200 crore (Rs 12 billion) foreign equity would be cleared by the Finance Minister without seeking approval of the Cabinet Committee on Economic Affairs.
A committee of secretaries will be meeting soon to consider a draft proposal, which suggests that decision-making on all policy issues pertaining to FDI be transferred from the Department of Industrial Policy & Promotion (DIPP) in the Ministry of Commerce to the Department of Economic Affairs (DEA) in the Ministry of Finance.
'The Himmatsinghji Report is still 'missing'.' 'It is a great loss for the knowledge of India's borders.' 'It would have an immense value at a time China is bound to shift its attention to other border fronts in the Himalayas,' notes Claude Arpi.
The government is likely to announce significant policy measures relating to allowance of foreign direct investment (FDI) in the multi-brand retail segment, even as the Department of Industrial Policy and Promotion (Dipp) under the Ministry of Commerce and Industry is giving final touches to the draft report prepared by an inter-ministerial committee.
'This is such a dynamic time for our entire community.' Ami Bera tells Aziz Haniffa/Rediff.com what his selection means for desis in America.
'After a strategic pause though, Beijing will revive its policy of slowly creeping towards acquiring sovereignty over the South China Sea.'
Top Pentagon officials have shown an understanding of India abstaining at the UN on resolutions against the Russian aggression against Ukraine but had a hard time pacifying many US lawmakers during a Congressional hearing on the Indo-Pacific on New Delhi's repeated abstention at the world body in New York.
After nearly five months wait, the government on Friday cleared UK's BP Plc buying 30 per cent stake in most of Reliance Industries' oil and gas blocks, including the showpiece KG-D6 gas fields, for $7.2 billion.
Beijing's growing assertiveness as kingmaker in Kabul has suffered a setback with Washington quietly moving in, observes Ambassador M K Bhadrakumar.
At present, a project with investment of more than Rs 600 crore in sectors routed through the Foreign Investment Promotion Board has to be referred to the Cabinet Committee on Economic Affairs.
The Sports Ministry removed the Rs 2 lakh cap on the salary given to Indian coaches for training elite athletes in a bid to encourage them to produce better results. The move is also aimed at attracting former players to become high performance trainers.
India and China achieved a major milestone this year when their bilateral trade crossed the landmark figure of $100 billion but it did not generate any fanfare in both capitals as the two Asian giants are going through a "particularly bad patch" in their relations due to a set of actions by Beijing in violation of agreements that led to the military standoff in eastern Ladakh. Starting with a modest $1.83 billion in 2001, the bilateral trade crossed $100 billion-mark in the first 11 months this year, a significant milestone for which the two countries carried out campaigns to boost trade and build it as a major stakeholder to improve the relations between two nations, whose ties otherwise remained frosty over the festering boundary dispute and strategic rivalry. According to last month's data from China's General Administration of Customs (GAC), the India-China bilateral trade totalled $114.263 billion, up 46.4 per cent year-on-year from January to November 2021.
Juster played a key role in the landmark Indo-US civil nuclear deal.
13 Russian nationals and 3 Russian companies have been indicted for interfering in the 2016 US presidential election through social media propaganda.
The government on Wednesday asked the Reserve Bank to maintain retail inflation at 4 per cent with a margin of 2 per cent on either side for another five-year period ending March 2026. To control the price rise, the government in 2016 gave a mandate to the RBI to keep the retail inflation at 4 per cent with a margin of 2 per cent on either side for a five-year period ending March 31, 2021.
In a communication to the empowered committee on PLI recently, the Indian Cellular & Electronics Association (ICEA) has stated that except one player (Samsung), all the other eight players (which include vendors of Apple Inc) selected under the scheme were facing numerous challenges in fulfilling the qualification criteria.
A large number of associations of small grocery shops have opposed foreign direct investment in multi-brand.
The Central Bureau of Investigation had called Karti for questioning on Thursday in connection with the foreign investment clearance given in the Aircel-Maxis deal in 2006 when his father Chidambaram was the finance minister.
'India's reputation is not and cannot be dependent on the whimsical opinions of some obscure foreign advisory committee packed with Hindu-phobic acolytes,' declares Vivek Gumaste.
The relaxation will apply to those sectors that have composite caps (foreign direct investment or FDI plus FII). "The move will not impact sectors like banking and insurance which are governed by Acts of Parliament. However, sectors with composite caps which see administrative control like telecommunication services, broadcast services like direct-to-home and FM radio will benefit," a Delhi based FDI policy expert told Business Standard.
The four recommendations came from Civil Aviation Minister Praful Patel, Minister for Overseas Indian Affairs,Vayalar Ravi, member of US Congress Joseph Crowley and Dalis Adler, staff associate, sub-committee on the Middle East and South Asia under the House Committee on Foreign Affairs.
China, a veto-wielding member of the UNSC, has blocked the move by India and other member nations three times in the past to designate Azhar.
'There is no meritocracy or at least there is none that is visible and transparent.' 'The Congress has two opportunities to change this,' says Aakar Patel.
The Union Cabinet on Thursday cleared the Rs 2,058 crore (Rs 20.58 billion) stake sale deal between Jet Airways and Abu Dhabi carrier Etihad.
Nepal recently released the revised political and administrative map of the country laying claim over the strategically key areas of Lipulekh, Kalapani and Limpiyadhura.
The 15 proposals were cleared following recommendations by Foreign Investment Promotion Board.
'The opposition party was disappointed that the UN listing does not mention the Pulwama terror attack, in which 40 CRPF personnel lost their lives, and has no reference to Jammu and Kashmir'
The Cabinet Committee on Security today took stock of the situation arising out of the Pune bomb blast and is understood to have discussed issues related to the upcoming foreign secretary-level talks with Pakistan.
As lobbying and counter-lobbying intensify, right now, it looks like a T20 match, discovers Tamal Bandyopadhyay.
"A Biden administration will be mostly positive for India," said Rick Rossow from the Centre for Strategic and International Studies think tank. "I expect most positive areas of cooperation -- notably defence -- to be maintained," he said.
The three runaway UK schoolgirls have now crossed the border to Syria according to the Scotland Yard.
