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Stating that there are strong inter-linkages between banks, NBFCs and other deposit-taking entities, he said for monetary policy to be effective and financial markets to remain stable, they should be regulated by the central bank.
For the week, the Sensex recorded a fall of 371 points, or 1.10 per cent, and the NSE Nifty 130.75 points, or 1.25 per cent.
Economists polled in a recent survey by Ficci unanimously felt that the rupee will continue to be under pressure in 2018-19
In his address at a ministerial meeting of the SCO in Moscow in the Russian capital, Singh also referred to the Second World War and said its memories teach the globe the 'follies of aggression' of one state upon another that brings 'destruction' to all.
Is there more than meets the eye to Kitex Garments, the world's second-largest children's garment producer, abandoning Kerala for Telangana?
'Terrorism continues to be the overwhelming threat to security and stability in the SCO region and therefore Dr Jaishankar strongly pitched for 'collective action',' observes Dr Rajaram Panda.
The Obama administration sees India not only as a land of huge potential for expanded business and trade but also as a strategic partner in the face of an increasingly assertive China, whose leader visited Modi in India last week.
India asked NAM nations to adopt a "zero tolerance" approach to terrorism while strongly pitching for a comprehensive reform of the UN Security Council and global financial institutions to ensure greater say for developing countries.
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
Sunak announced that the Immigration Health Surcharge (IHS) would be hiked from 400 pounds to 624 pounds.
'There is no parallel in UN history of an individual terrorist being bailed out by a world power,' points out Brigadier S K Chatterji (retd).
The Quad has come of age and its agenda covering areas like vaccines, climate change and emerging technologies makes it a force for global good, Prime Minister Narendra Modi said at the first summit of the coalition. In his opening remarks, he also talked about shared values and promoting a secure, stable and prosperous Indo-Pacific.
"Our relationship is so big that it is no longer a bilateral relationship. It has global dimensions," the report quoted Jaishankar as saying.
'We need to prove to the world that quality vaccines and R&D are possible in India.'
We have to wait and see whether Jaitley's Budget speech translates into actions and desired outcomes, says T N C Rajagopalan.
The vaccine candidate, ZyCoV-D, showed a "strong immune response" in animal studies, and the antibodies produced were able to completely neutralise the wild type virus, Zydus said. The 12 institutes have been asked by the ICMR to fast track clinical trials of the vaccine as it is being considered as one of the top priority projects which are being monitored at the topmost level of the government.
The Indian cricket board will work with the National Anti-Doping Agency for a period of six months, while attaching another rider to the tripartite agreement along with WADA
The agreement provides for extensive cooperation in the civil nuclear energy sector including in research and development for peaceful uses of nuclear energy, they said.
Finding enough shows to air, creating content that gets people to pay and watch and wooing advertisers back into the fold are going to be the biggest challenges the M&E industry faces.
As President Biden moves ahead with a new 'strategic concept' for China and Russia, the going is bound to get rough for the US and its G7 partners, notes Ambassador T P Sreenivasan.
These vaccines have not yet been approved by the World Health Organization
India and Pakistan are reportedly expanding their nuclear arsenal, despite a global trend towards disarmament, the Stockholm International Peace Research Institute has said.
Several companies and technology heavyweights including Microsoft, Oracle and Salesforce are working to create a digital vaccination passport or health passport app in the hope that governments and airlines will require travellers to upload details of their Covid-19 tests and immunisation. The vaccine passport will effectively create digital credentials that could be the key to attending crowded events or even visiting countries.
The NTAGI has also stated that those having laboratory test proven SARS-CoV-2 illness should defer COVID-19 vaccination for six months after recovery, the sources said.
Centre has already started work on developing a mechanism to ensure states producing any item in excess is able to transport it to other states where there is demand
The prime minister said that India has invited Germany to take advantage of opportunities in defence production in the defence corridors in Uttar Pradesh and Tamil Nadu.
Gen Rawat's comments about the supporting role of the Air Force came at a conference when asked about the growing perception that the Indian Air Force was not keen on setting up the proposed theatre commands integrating the capabilities of the three forces.
The telephonic talk between Modi and Xi came a day after Modi congratulated Xi on Chinese social media.
These graduates will have the opportunity to spend a year training and working for TCS at its Innovation Labs and software development centres across India between 2016 and 2020.
Amid a spurt in cases, the cabinet secretary held a meeting chief secretaries, health and urban development secretaries of all states through a video link and they were asked to also pay special attention to the emerging epicentres of COVID-19 cases and undertake stringent containment measures to check the contagion, the ministry said.
The countries with positive employment outlook included India, Mexico and Turkey, as also the Gulf Cooperation Council region.
Nasscom set up a task force last year, to position India as a global hub for providing cybersecurity solutions
Enabling labour to become more globally mobile can produce higher remittances with powerful 'brain gain' dividends.
Don't expect the synthetic stones to surpass natural ones anytime soon because the world's biggest miners of diamonds aren't looking to get into man-made diamonds.
The International Cricket Council on Thursday deferred a decision on all agenda items, including the fate of the T20 World Cup in Australia, till June 10. The World Cup is scheduled from October 18 to November 15 but there is intense speculation about the event being postponed due to the coronavirus pandemic and the window being used by the currently suspended IPL.
The FATF warned Pakistan that if it doesn't complete a full action plan by June, it could lead to consequences on its businesses
'Our automakers export 50 per cent of what they manufacture and once the policy comes into play, which is in the next 2-3 years, we would become a Rs 10 trillion industry.'
China may accord recognition to the new government in Kabul at an early opportunity, predicts Ambassador M K Bhadrakumar
India's failure to resolve the Kashmir issue and improve relationship with Pakistan has been an "impediment" to India's rise and become the greatest hurdle in it becoming a permanent member of the UN Security Council and the Nuclear Suppliers Group, Pakistan Prime Minister Nawaz Sharif's envoys have claimed.
Prominent deep-pocketed investors are lined up to finance Major League Cricket, the world's top players are supposedly ready to sign on and, according to the ICC and USA Cricket research, there is a baked-in fan base of between 15 and 20 million waiting to be served.
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