'A one-party State is not possible in a diverse country like India.'
UK-headquartered consumer goods giant Unilever on Tuesday announced a major organisational shakeup to make the company leaner, which involves some of its Indian-origin executives, and plans to lay off 1,500 staff as part of the wider restructuring of its global operations. Sanjiv Mehta retains executive leadership of Mumbai-headquartered subsidiary Hindustan Unilever, while Unilever chief operating officer (COO) Nitin Paranjpe will take on a new role as chief transformation officer & chief people officer, leading the business transformation and heading the HR function for the transformed organisation. The company said Sunny Jain, president of beauty & personal care, has decided to leave Unilever to set up an "investment fund in technology megatrends".
The Reserve Bank on Wednesday retained the GDP growth forecast at 9.5 per cent for the current fiscal but cautioned that the economic recovery is not yet strong enough to be self-sustaining and durable.
"I have been the chief minister twice with your blessings. I have decided that the 2023 assembly election will be my last fight. It is not for me to come to power or become the chief minister," he said.
To help the country emerge as a true welfare State, political parties must put the country's interests first before strategising to win elections and short-term goals, argues Ramesh Menon.
Ulhas Joshi, Head -- Sales, Rank MF, a mutual fund investment platform, answers your queries.
'I saw an opportunity to provide people with employment, enabling them to sustain themselves and, in the process, help alleviate society's suffering.'
Tax Guru Anil Rego answers your personal income tax queries.
Preparations are underway for Kumbh Mela 2021 to be held from April 1 to 30 in Haridwar. The Uttarakhand government has decided to limit the Kumbh this year to 30 days.
Joe Root and Jonny Bairstow slammed majestic centuries as England pulled off their highest-ever successful run chase in the longest format for a convincing seven-wicket win over India in the rescheduled fifth Test in Birmingham on Tuesday.
The Centre is looking to convene a meeting of the all-powerful Goods and Service Tax Council in early January. The meeting is likely to focus on rectifying the inverted duty structure for a few more items and will also serve as a platform for pre-Budget discussions between Union Finance Minister Nirmala Sitharaman and state finance ministers, Business Standard has learnt. "The current Winter Session of Parliament ends on December 23, followed by the Christmas-New Year period. "After that we would like to have a meeting of the GST Council, depending on whether there can be a quorum," a top government official said.
Indrani laughed loudly. She looked like the cat that got the cream, smiling gaily. Vaihayasi Pande Daniel reports from the Sheena Bora murder trial.
Backed by the 'China Plus One' sentiment globally, India's textile exports is expected to grow by 81 per cent to $65 billion by 2026 from the pre-Covid level of around $36 billion in 2019, said a report by the Confederation of Indian Industry (CII) and global consulting firm Kearney. This jump is likely to generate 7.5-10 million new jobs. A large chunk of this targeted increase, or around $16 billion may come from the China Plus One sentiment due to India's relatively large strategic depth compared with Vietnam or Bangladesh, the report said.
'If we want to ensure this isn't a once-in-four-decade phenomenon, then we have to produce 1,800 players all the time, create infrastructure, so that we are constantly challenging at the top of the ladder.'
Every time we look at the Congress, its future, strengths, weaknesses, opportunities and threats, we find the situation more hopeless than even a few months earlier, observes Shekhar Gupta.
While reasonable safeguards should be built in, there can't be restrictions on the individual's right to leave her/his money to whoever s/he wants, notes Harsh Roongta.
In May, Satpal Singh, who runs a dairy business with three buffaloes in Jewar, near Noida, was worried about the steep spike in input costs. Singh said dry fodder rates, which cost Rs 1,500-2000 per tractor trolley last year, were quoting at Rs 4,500-5,000. The price of other cattle feed ingredients (that include mustard meal and similar mixes) had also gone up from Rs 2,000 per quintal to Rs 3,100-3,200 per quintal.
Year 2021 was another great year for fund-raising through equities. A total of Rs 1.8 trillion was raised through initial public offerings (IPOs), qualified institutional placements (QIPs), and rights issues, against the Rs 1.7 trillion raised in the previous year. Funds raised through IPOs quadrupled, while those from rights issues and QIPs reduced.
While he has been primarily a white-ball bowler, in 2020 during the first COVID-19 lockdown, Mohsin Khan got a rare chance to train with Mohammed Shami at his residential ground in Amroha.
Work stress is unavoidable even if you love what you do, but there are steps you can take to keep job stress to a minimum, says Nakshi Satra, founder, Inha Wellness.
An RTI plea reveals that Rashtrapati Bhavan employs 545 people, and incurs a monthly wage bill of Rs 1,34,68,927.
Once the new rules kick in, you will have less cash-in-hand and may feel tempted to scale back on savings and investments.
Friendships are not merely severed, but built over scuffles. And just about anything can stir things up -- a long-standing feud, a pointless stare, a disrupted moral stance, a fist that ricochets off a face and smacks another face in the near vicinity, observes Sreehari Nair.
PWD Minister Ashok Chavan later told reporters that the application was filed on Monday morning and added the counsels representing the government will try to see that the hearing on the application takes place soon.
"That is a fact of life because we are not being able, after 75 years, to bring the SCs and STs to the same level of merit as the forward classes," Attorney General K K Venugopal told a bench headed by Justice L Nageswara Rao.
Sawant took the oath in Konkani language.
He also rejected allegations of being a vote cutter and cleared the air about his fallout with the Akhilesh Yadav-led party.
The top court said a balanced approach of sustainable development ensuring environmental safeguards needs to be resorted to while dealing with the issue of sand mining.
That is what you will hear again after Nirmala Sitharaman presents a speech that will prove to be meaningless and numbers that will show themselves to be wildly off the mark, observes Aakar Patel.
Equity benchmark Sensex climbed 154 points to end at a fresh all-time high on Monday, tracking gains in ICICI Bank, L&T and Kotak Bank amid persistent foreign fund inflows and a largely positive trend in global markets.
The Delhi Metro will operate at 50 per cent capacity and markets and malls in the national capital will open on an odd-even basis from June 7, Chief Minister Arvind Kejriwal said on Saturday as he announced further relaxations in lockdown.
The events of the last few years shows that pessimism about where we have arrived and where we are headed is justified, asserts Aakar Patel.
>The farmers will go home but the country will not get the agricultural reform it badly needs -- if nothing else, then to prevent a bigger water crisis than already exists, argues T N Ninan.
Spin's rather old-fashioned and vanilla depiction of the Indian American way is a bit of a bummer, feels Sukanya Verma.
'The central BJP has worked out an arrangement -- Yogi manages the state while Modi manages the Centre.'
Starting afresh in a new domain or with a new employer or opting for entrepreneurship can be the brighter side of job loss.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Having a single point KYC that is automatically used across all financial and non-financial entities is a single piece of reform that should be an easy win to achieve, points out Harsh Roongta.
