Munich will not bid for the 2022 Winter Olympics after failing to win the support of the local population in a referendum on whether to bid for the Games.
"This august forum witnessed a new low on its 75th anniversary. The leader of Pakistan today called for those who incite hate and violence to be outlawed. But as he went on, we were left wondering, was he referring to himself?" First Secretary in the Permanent Mission of India to the UN Mijito Vinito said, making India's Right of Reply.
The Department of Telecommunications (DoT) has initiated discussions with banks to address financial stress in the telecom sector, particularly Vodafone Idea Ltd (VIL) that urgently requires fund infusion to stay afloat. There was a meeting of DOT officials and senior bankers on Friday on the issue of Vodafone, sources said, adding that banks have been asked to look for a solution within the prudential guidelines. According to sources, senior officials from the country's biggest lenders State Bank of India and Bank of Baroda were also present among others in the meeting. More such meetings are expected to take place in the coming days, they said.
She unfurled the AIADMK flag at the T Nagar memorial of party founder and late Chief Minister M G Ramachandran in Chennai and a plaque unveiled on the occasion addressed her as party 'general secretary,' which was strongly opposed by the main opposition party.
For 2021-22, it projected the economy to clock a growth of 10.6 per cent.
Senior BJP leader and Union minister Ravi Shankar Prasad alleged that a section of farmers has fallen in the grip of a few people with "vested interests" and asserted that the government was working to address their misgivings about the reforms, which have drawn strong protests from a section of cultivators.
Battered by the Covid-19 pandemic, the maker of the Fortuner and Innova models is staring at a steep loss in the ongoing financial year.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Given the many policy areas where the Centre and the states have not been seeing eye to eye in the last few years, it is time the Modi government convenes a meeting of the Inter-State Council, recommends A K Bhattacharya.
India is a market for low-priced cars with low running costs. The global majors don't have models that fit the bill; only Maruti and Hyundai have successful entry-level models, observes T N Ninan.
The Board of Control for Cricket in India, at its Special General Meeting on Tuesday, decided to double the incentive of the Indian cricket team from Rs 50 lakh to Rs 1 crore for their recent 2-1 Test series win against Australia last month.
Most of those punished were managers across different scales, from Scale 7 (general managers) to Scale 1 (officers). However, at least one bank - Oriental Bank of Commerce - revealed that 17 single-window operators (SWOs), five head cashiers, two clerks, one clerk-cum-cashier, and one peon-cum-housekeeper were among those penalised for staff delinquency. Punishments against these employees included withholding of increment, demotion for one year, and censure under provisions of the bipartite settlement.
No longer Bengal's finance minister, Amit Mitra, Mamata's principal chief advisor, will still advise and aid the 'chief minister and finance department on all matters relating to management of state finance', represent the 'state government in national and international events/meetings/committees' and examine 'important proposals/files and policy issues relating to financial matters referred to him for advice/views'.
The International Weightlifting Federation (IWF) was plagued by decades of corruption orchestrated by autocratic former president Tamas Ajan, said Richard McLaren after he led an independent investigation into the governing body. McLaren, the Canadian law professor whose findings in July 2016 led to Russia being banned from all international athletic competitions, including the Rio Olympics, told reporters on Thursday that the IWF was rife with corruption. This included vote buying, doping cover-ups and $10.4 million in cash that cannot be accounted for.
In 2009, FinMin proposed to move regulators' reserves into public account. These accounts were finally opened in 2013-14. However, no funds have been deposited in it so far.
The letter to Sonia Gandhi reminded her of the party's 18-point agenda "given to the last chief minister" of Punjab and said that those were "equally relevant today".
The complaint alleges that Thakur misused his position as IG and both, he and his wife, possessed properties disproportionate to their income.
Chaudhary openly questioned the decisions taken by CoA with regards to various appointments.
The Tatas are rather overwhelmed with some facets of the airline they have discovered, but even more unnerved by what they may not have yet uncovered, reveals Anjuli Bhargava.
IOA Finance Committee chairman Khanna defends decision on Tokyo Games hotel bookings for Tokyo Games, says can't authorise expenditure in absence of approval from President or Secretary General. Indian Weightlifting Federation secretary general Sahdev Yadav resigned as member of the finance committee, saying he was doing so "to maintain self-respect".
'If businesses are focused on de-leveraging, they can hardly be investing. This is the price extracted by investment mistakes during UPA rule, and should have been foreseen. 'But Modi-I must share the blame, for muted reform of the financial sector, partisan policy in telecom, the harm done to exports by an over-priced rupee, and so on,' says T N Ninan.
'In 2022, active management, long-short strategies, multi-asset strategies, and asset allocation strategies need to be considered to meet long-term investment goals.'
The Reserve Bank on Monday superseded the boards of Srei Infrastructure Finance as well as Srei Equipment Finance, citing concerns over governance and payment defaults, and decided to refer the two NBFCs for resolution under the insolvency law. This is only the second time in as many years that the Reserve Bank of India (RBI) is referring entities for the resolution process under the Insolvency and Bankruptcy Code (IBC) after taking first ever such step in the case of DHFL back in 2019. Superseding the boards of the crisis-hit Srei Infrastructure Finance Limited (SIFL) and Srei Equipment Finance Limited (SEFL), the RBI has appointed Rajneesh Sharma, former Chief General Manager of Bank of Baroda as the administrator to manage the affairs of the two companies.
Justice Bhushan, who was elevated as an apex court judge on May 13, 2016, was part of several landmark judgements including the November 2019 verdict by a five-judge Constitution bench which cleared the way for construction of Ram Temple at the disputed site at Ayodhya and directed the Centre to allot a five-acre plot to Sunni Waqf Board for building a mosque.
Thierry Delaporte's pay package would be around 34 per cent higher than the total compensation that Wipro CEO Abidali Neemuchwala received in financial year 2019-20 (FY20). It also brings the Wipro CEO's salary on par with other top IT firms such as Infosys and Cognizant.
Inflow of more funds is likely to widen the reach of insurance and drive M&A activities in the sector where growth has stalled.
The Union Budget on Monday evoked contrasting responses in the political arena with the ruling Bharatiya Janata Party hailing it as a vision for an 'Aatmanirbhar Bharat' and the Opposition describing it as a 'let down like never before' that was meant to 'deceive' people.
Indian Olympic Association president Narinder Batra hopes India's medal haul can touch the double-digit mark in Tokyo, which will be an unprecedented achievement.
The next key battle the market will watch out for will be in Congress-ruled Karnataka
The government must send out a clear signal that leadership positions at regulatory bodies are not a preserve of retired government officials, argues A K Bhattacharya.
An ICC source said that Cricket South Africa hasn't yet reached a situation that demands the apex body's intervention.
Foreign banks set the template in consumer banking in its infancy, but have almost vacated this booming space.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
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 ED has attached seven sugar mills worth over Rs 1,097 crore in a money laundering case against former Uttar Pradesh BSP MLC Mohammed Iqbal and his family, officials said.
Experts say the market is more bullish on the BJP as it will ensure continuity in policymaking.
If the fear of ED could drive the powerful people of today to be honest or at least be minimally corrupt, will it not be a great thing for our nation?, asks Sudhir Bisht.
Mahant Kamal Nayan Das, the spokesperson of Trust's president Nritya Gopal Das said, "We have suggested two auspicious dates -- August 3 and 5 -- for the prime minister's visit based on calculations of movements of stars and planets."
'India's defining characteristic has been its ability to manage and sustain democratic governance through an accommodation of ethnic, linguistic, and religious diversity.'
Trains were set afire and blocked, and public vehicles attacked as protests over 'Agnipath' swept across several places in Bihar, Uttar Pradesh, Rajasthan, Haryana, Madhya Pradesh, Delhi and Jammu on Thursday amid partisan political voices in favour and against the new recruitment scheme for the defence forces that has set off a firestorm.
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