The ratings agency, in a report, said 'the Reserve Bank of India's deferral of the Basel 3 implementation deadline by a year has eased the pressure on banks to issue hybrid Tier 1 capital in FY15.'
The Indian Premier League is facing a rough pitch. With a little over six months to go for the third leg of the most successful cricket properties of recent times, with a brand value of $2 billion, IPL is facing hostile bouncers -- four to be precise -- that it is finding hard to negotiate.
It referred to Article 105 of the Constitution which deals with powers, privileges etc, of the Houses of Parliament and of the members and committees thereof.
We will hopefully test-fire it before the end of the year, V K Aatre, Scientific Adviser to the defence minister, said.
'Students of Tier-II and Tier III engineering colleges in the south may find 2023 to be one of the toughest years for getting jobs.'
Samsung has sounded the war bugle with the launch of Galaxy S III in London, May 3. Some experts believe that the Galaxy S III's launch was to pre-empt the forthcoming launch of iPhone 5.
Operation Meghdoot was launched on April 13, 1984, when the Indian Army and IAF advanced to the Siachen Glacier to secure the heights dominating the northern Ladakh region
Enthused over its successful launch of GSLV D5 with GSAT-14 communication satellite from Satish Dhawan Space Centre in Sriharikota on Sunday, the Indian Space Research Organisation is planning a series of GSLV launches and an experimental launch of the advanced version GSLV Mark III soon from the spaceport.
Samsung has reduced prices of its Note, Galaxy S II and Galaxy S III smartphones by more than Rs 2,000 each.
Following the Reserve Bank of India's (RBI's) action against Paytm Payments Bank, participants in the fintech ecosystem have turned their attention to giving priority to compliance with regulatory norms. Fintech industry players say the episode will ensure adherence to such measures. Executives Business Standard spoke to said companies should have clarity on their requirements.
Congress leader Shashi Tharoor on Thursday said it's a pity that since switching sides, Scindia has adopted the Modi government's "uncaring attitude" to the public.
Traction for its specialty portfolio, a strong showing in the domestic market, and better regulatory compliance are positives for the country's largest pharmaceutical (pharma) company, Sun Pharmaceutical Industries. Given the triggers, some brokerages have increased their earnings per share estimates and target price for 2024-25 (FY25). This should sustain the momentum for the stock, which has been one of the major pharma gainers in 2023-24 (FY24), rising 57 per cent. It is currently trading at Rs 1,547 per share.
While dismissing a public interest litigation that challenged the sanctity of the oath taken by members of the legislative assembly in the name of certain persons instead of as mandated in the Constitution, the high court has said that Buddha, Basaveshwara and Ambedkar are considered as divine incarnations which is the same meaning the Constitution employs to denote 'God'.
High-value insurance policies experienced muted growth in the first six months of the current financial year after the Centre decided to tax such products in this year's Budget. Simultaneously, there has been a marked improvement in the growth of policies with premiums of 'less than Rs 5 lakh', mainly originating from smaller cities. During this year's Budget, Finance Minister Nirmala Sitharaman proposed that insurance policies (excluding unit linked insurance plans or ULIPs) with an aggregate premium exceeding Rs 5 lakh, and the maturity amount, would not be exempt from tax.
This is the first time Agni-III has been test-fired.
The United States would focus on tier II and III cities in India for increasing trade as they offer huge business potential, US Commercial Consul for South India Aileen Nandi has said.
Airfares have nearly doubled in a matter of days on routes hit by the cancellation of 200 weekly flights linking Mumbai airport to 12 cities. The fares have soared as high as 193 per cent following a recent government order to cancel flights to ease "persistent congestion" that was causing delays. Aside from the reduction in flights on 12 routes, two destinations - Hubli and Jabalpur - have lost connectivity with Mumbai since last week, according to aviation analytics firm Cirium's data reviewed
For the first time, Reserve Bank has quantified the cost of implementing Basel-III norms, pegging the recapitalisation needs of the banking system at Rs 1.75 trillion, but added that it is manageable.
"Interim orders wherever granted shall continue. Re-list in first half of April, 2024," the bench said in its order and directed the parties to complete the pleadings by then.
'Rather than taking a very short-term view on the markets, equity investing should be premised on longer term growth opportunities.'
'2019 was fought on delivery. But in 2024, you can see the before and after effects.'
Martin Luther King III, who is in India to trace his father Martin Luther King Junior's 'India pilgrimage' 50 years ago, will visit Thiruvananthapuram on February 23.King will visit the Madhvi Mandiram Lokseva Trust, functioning in the name of well-known Gandhian G Ramachandran at Neyyatinkara, and address a programme 'youths against terror and violence' at the Indian Council of Gandhian Studies.
On Sunday morning, the sun shone brightly on vintage cars parked in symmetry on the grounds of ITC Maurya in New Delhi. The owners were making sure the old beauties turned up spick and span for a rally organised by ITC Hotels in partnership with the Heritage Motoring Club of India. The rally would end at ITC Grand Bharat in Gurugram, Haryana, later in the day.
Bolstering the Indian Air Force's capability to swiftly transport combat troops and equipment such as tanks to the front, Defence Minister A K Antony will on Monday formally induct its biggest 70-tonne C-17 heavy-lift transport aircraft into service at the Hindon Air Base near New Delhi.
Alternative investment funds (AIFs) have not seen any significant redemptions from financial institutions even though the 30-day timeline provided by the Reserve Bank of India (RBI) to liquidate their holdings or make full provisions ends recently. Sources said the industry is awaiting certain relaxations or extensions based on the recommendations submitted to the banking regulator. On December 19, the RBI restricted financial institutions and banks from investing in AIFs where there is any downstream link or exposure to a debtor firm.
Consumer goods firms and auto companies are witnessing an upturn in rural demand, which had been lagging for most of FY24. Expectations of a bumper rabi crop harvest have helped turn the tide. The Reserve Bank of India's (RBI's) Monetary Policy Committee kept the repo rate unchanged last week, noting that as rural demand catches up, consumption is expected to support economic growth in 2024-25.
The value of the stake is not immediately known but ONGC Videsh Ltd (OVL) -- the overseas investment arm of Oil and Natural Gas Corporation -- is likely to pay an initial $300 million for drilling operations. Russian company Rosneft, which owns 70 per cent in the project, will be offloading its stake to OVL if the deal goes through. The remaining 30 per cent stake is held by China National Petroleum Corporation.
Oil Corporation's Gujarat refinery has started production of Euro-III emission norm compliant petrol, the company said on Wednesday.
Korean multinational, Samsung said it has decided to focus on tier II and tier III markets in India by introducing customisation in products for the Indian market with an aim of driving 26 per cent of its revenues this year to come from these markets.
The commercial real estate sector has been booming in the last few years, driven by the high demand from corporates, especially IT and ITeS companies.
Scoop seems like they conclude he is but Vaihayasi Pande Daniel recommends that you watch the film to find out for yourselves.
"The scientists have produced results. It is excellent...up to the point," he said.
This will be the second launch of the 3,000-km range missile after an unsuccessful test on July nine last year from the integrated test range at Wheeler Island near Balasore in Orissa, defence officials said.
BJP president J P Nadda was safely evacuated from a Lord Ganesh pandal in Pune where a fire broke out when he was offering prayers along with the party's Maharashtra unit chief Chandrashekhar Bawankule on Tuesday evening, the police said.
Sukanya Verma lists her this week's OTT recommendations.
The first launch of the missile last year was a failure.
India will begin supplies of ultra low sulphur petrol conforming to the Euro-III vehicular emission norms in 11 major cities and Euro-II grade fuel in other parts of the country from April 1 but supply of diesel of the same grades may miss the deadli
India will begin the supplies of ultra low sulphur petrol conforming to the Euro-III vehicular emission norms in 11 major cities and Euro-II grade fuel in other parts of the country from April 1 but supply of diesel of same grades may miss the deadli
'With NPA under control, we should be able to post better profits.'
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