'The CEA suggested that could be as high as 19 per cent.'
After the RBI surprised the Centre with a record Rs 99,122 crore in surplus transfer for FY21, analysts said this will help the government tide over the revenue losses from lockdowns and extend more support to the pandemic hit industries and to the poor people. In fiscal 2020, the RBI had paid only Rs 57,128 crore in dividend to the government and the finance minister had budgeted only Rs 45,000 crore from the central bank. The higher payout followed the Bimal Jalan panel report that had set a new economic framework capital buffer for the central bank along with the contingency risk buffer at 5.5 per cent.
"There is no organ in the human body like a criminal kidney or criminal liver or criminal heart! There is no difference between the organ of a person without a criminal antecedent and the organ of a person who has no criminal antecedents. Human blood is passing through all of us," the Kerala High Court said.
Delivering a public speech hours after the RBI launched a rescue act for Yes Bank on March 6, Governor Shaktikanta Das reiterated the RBI's affirmation to do whatever was needed to combat the coronavirus impact. On that day, India had only one confirmed COVID-19 infection, the World Health Organisation was five days off from declaring it as a pandemic and the financially debilitating lockdowns were not even on the horizon. Das' promise on efforts to mitigate COVID-19 impact appeared as a footnote in news reports from the event.
There was near unanimity among the guests at the Sibal dinner that the country is ready for a change, that the ruling party has lost popularity. However in the same breath speaker after speaker lamented that without Opposition unity Modi could as well win a third successive term, reveals Virendra Kapoor.
The rules mean Caster Semenya and other athletes with DSD hoping to compete at the World Championships in Doha in September would have to start taking medication to lower their testosterone levels within one week.
Allahabad high court Chief Justice D Y Chandrachud has criticised the Uttar Pradesh government for putting the name of Justice (retd) Virendra Singh in the list sent to Supreme Court for appointment of Lokayukta, and also for "failing" to inform the apex court that a panel had "nearly reached" an understanding on a name.
The Art of Living case will go down as a test for environment activism in the country, notes M Rajaque Rahman.
DTC task force also favoured doing away with Dividend Distribution Tax by suggesting taxing dividends in the hands of shareholders.
'By the time actual action began, it was already too late.' 'The virus was raging.'
With India locked in a face-off with the United States over the arrest of senior diplomat Devyani Khobragade, Chief Justice of India P Sathasivam on Thursday said such things should not happen to high-level officials.
Retail inflation fell to a five-month low of 4.35 per cent in September from 7.27 per cent in the year-ago period as prices of vegetables and other items declined, according to government data released on Tuesday. The moderation in Consumer Price Index-based inflation is in line with the assessment of Reserve Bank Governor Shaktikanta Das who recently projected substantial softening of retail inflation. The CPI inflation was at 5.3 per cent in August and at 7.27 per cent in September 2020.
Sunil Bharala, the chairman of the state Labour Welfare Council, said stubble burning is an 'age-old practice'.
In her 'gender case' before the Court of Arbitration for Sports (CAS) in Lausanne, Switzerland, the world's top sports tribunal has suspended IAAF's Hyperandrogenism Policy, under which the AFI suspended Dutee from competitions in 2014.
A day after a group of Congress MLAs met Sachin Pilot, another party legislator on Friday expressed support for the dissident leader as trouble brewed again in Rajasthan's ruling party.
He also re-opened the issue of a fresh enquiry about the mysterious disappearance of Netaji and felt it would be more effective to have an investigative inquiry by experts to find out the reality.
On a day of dramatic turn of events in the solar panel scam probe, the prime accused in the case on Thursday night failed to 'discover' purported video clippings in which six 'powerful' Kerala politicians, including Chief Minister Oommen Chandy, were seen talking to his partner Saritha S Nair and 'engaging in wrong situations'.
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The local currency opened at 62.20 a dollar from the previous close of 61.93 and immediately touched a low of 62.29 at the interbank foreign exchange market.
It also asked the governments of Punjab and Haryana to take immediate stringent actions to curb stubble burning and authorities in Delhi-NCR to strictly check biomass burning.
'From the very start, PM Modi was insistent that visiting foreign leaders should be exposed to an India beyond its capital.' 'Through these experiences, he felt that the full Indian narrative would be much better understood across the world,' explains External Affairs Minister S Jaishankar. A riveting excerpt from Bluekraft Digital Foundation's Modi@20: Dreams Meet Delivery.
As of now, there is nothing to suggest that the 'Michaelpatti episode' has the potential to polarise Dravidian Tamil Nadu on religious lines, observes N Sathiya Moorthy.
The CoA has constituted a three-member independent panel comprising former Allahabad high court judge Justice Rakesh Sharma, former Delhi Commission of Women (DCW) chairperson Barkha Singh and former CBI director PC Sharma to probe the allegations levelled against Johri.
In a statement, Delhi Health Minister Satyendar Jain said the air pollution had reached the severe level and asked people to follow the dos and don'ts as mentioned in the advisory.
Hindi news channel News Nation TV showed laboratories in the national capital offering commissions as high as 50 per cent to doctors who referred patients to their diagnostic centres.
The report touches on variety of issues including consent, rights of children, data protection authority and right to recall data.
As many as 10 decisions by rookie West Indian umpire Joel Wilson and Pakistan's Aleem Dar were overturned by the Decision Review System during last week's Edgbaston Test. There were at least five more errors that went unreviewed.
The NGT has asked the Centre to respond to the plea of an environment enthusiast alleging that large-scale burning of municipal solid waste in Agra was turning the Taj Mahal yellow.
There is nothing to suggest that the DMK stands to gain from the AIADMK split nor is there anything indicative of an extraordinary advantage for the BJP, independently or in the company of the AIADMK, explains N Sathiya Moorthy.
NBFCs with a proven track record, supported by the brand values of reputed corporate, can play a key role in bringing the benefits of banking and economy to the underserved and newer segments of India.
The Reserve Bank on Friday retained the GDP forecast for the current financial year at 9.5 per cent and flagged global semiconductor shortages, elevated commodity prices and potential global financial market volatility as downside risks to economic growth. In his address after the three-day meeting of the rate-setting panel, RBI Governor Shaktikanta Das said recovery in aggregate demand gathered pace in August-September, and it is reflected in high-frequency indicators, like railway freight traffic; port cargo; cement production; electricity demand; e-way bills; GST and toll collections. "The ebbing of infections, together with improving consumer confidence, has been supporting private consumption," he said, and added the pent-up demand and the festival season should give further fillip to urban demand in the second half of the financial year.
For any airline to be eligible for restructuring, the current ratio has to be equal to or higher than 0.4, while 'debt to Ebitda' has to be equal to or less than 5.5.
Applications have been invited from eligible retired officials (deputy secretary level/deputy registrar level) for filling up of the post of a consultant in the office of Lokpal, the official said.
'There is a deep stigma or taboo attached to COVID-19 in rural areas.' 'People don't want to test because they fear social exclusion.' 'Even those who test positive may not reveal and not follow the quarantine protocol.'
Indian economy grew 7.9 per cent in the March quarter.
The West Bengal government on Monday reinstated its seven senior officials who were removed from their posts early last month on the directive of Election Commission, to their previous postings.
'He is not that crazy.' 'He is driven by a deep sense of Russian power have been diminished.'
Kanhaiya Kumar, Umar Khalid and Anirban Bhattacharya along with other students started the hunger strike at night and said they reject the findings and recommendations of the high-level inquiry committee that probed the incident.
The CVC report spoke about the controversial meat exporter Moin Qureshi's case and claimed that CBI team looking into the case wanted to make Hyderabad-based businessman Sathish Babu Sana an accused in the case but Verma never gave clearance.
Congress MP Sushmita Dev said that speeches given by Modi and Shah are also punishable under section 153A of the Indian Penal Code as they "blatantly promote disharmony and feelings of enmity on the grounds of religion and such acts are also likely to prejudice the maintenance of public harmony and tranquility between religious communities".
England's security advisor Reg Dickason has played down speculations that his side's Muslim players, Moeen Ali and Adil Rashid have any concerns about touring India for the five-match Test series, starting from November 9 in Gujarat. Dickason's comments came following reports of Pakistan origin ICC Elite panel umpire Aleem Dar's withdrawal from standing in the series due to the escalating tension between India and Pakistan.
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