Bharti Airtel chairman Sunil Mittal has expressed hope that the government and regulators will step in to ensure the sector remains a viable place for continued investments and asserted that the industry requires "long overdue" support to maintain its current 3+1 structure. In the latest annual report of Airtel, Mittal said as the sector's role in the economy becomes more pervasive, its challenges loom larger. Issues such as unsustainable pricing and low returns in a highly capital-intensive environment, coupled with legacy legal issues, "have extracted their toll", Mittal observed.
Individuals flew the flag for philanthropy in FY20, escalating their contribution significantly in comparison with company and foreign fund donations, according to the Dasra/Bain & Co India Philanthropy Report of 2021. Funding by individual philanthropists went up by 42 per cent from Rs 21,000 crore in FY19 to Rs 30,000 crore in FY20.
The MPC headed by RBI Governor Shaktikanta Das will announce the resolution of the meeting at around noon on Thursday.
One Raj Shah has been the top Indian American in the Obama administration; the other Raj Shah is poised to play a key role in the Trump administration.
Making it easier to do business is a key element of our strategy, says Foreign Secretary S Jaishankar.
External Affairs Minister Jaishankar on Wednesday described the second wave of the Covid-19 pandemic as an "all consuming" challenge posed by a virulent strain of coronavirus and welcomed the enormous goodwill from countries around the world as a sense of solidarity in diplomacy.
As you ring in the New Year, here's a list of the 10 most important financial resolutions to get your money train back on track.
He again assured farmers that the existing government support system for them will continue.
Rahul said it is clear that the management of the first and second wave of COVID-19 was "disastrous".
The former McKinsey India head is presently on board of many big Indian conglomerates.
In the last budget, then finance minister Arun Jaitley had allocated Rs 85,010 crore for the education sector which was later revised to Rs 83,625.86 crore.
American business tycoon and philanthropist Bill Gates, co-chair of the Bill and Melinda Gates Foundation on Friday announced an emergency relief fund of $700,000 for the flood victims of Jammu and Kashmir.
By January-February, it's expected to have at least 100 million doses for the Indian government, reports Sohini Das.
"The policy draft has been approved. The ministry has been renamed as education ministry," a senior HRD ministry official said. The existing NEP was framed in 1986 and revised in 1992. A new education policy was part of the Bharatiya Janata Party's manifesto ahead of the 2014 general election.
More than 2 million people have been diagnosed with coronavirus across the world, and the pharmaceutical industry is pulling out all stops to find potential treatments and vaccines for the global pandemic. According to the World Health Organization, there are now more than 70 potential vaccines under evelopment, with some already in clinical trials.
Combining affordable IT with native Indian ingenuity and entrepreneurship F C Kohli believed would enable Indian small businesses match anyone and thrive.
Former Indian cricket captain Rahul Dravid announced his association with GoSports Foundation, on Monday, with an aim to contribute towards the development and mentorship of Indian junior Olympic and Paralympic athletes.
Leaders hope the Ayodhya temple ceremony would pave way for harmony.
A Foreign Office official told PTI that the eight-member Indian delegation arrived in Lahore at 9.15 am (local time).
As many as 3.2 lakh shareholders attended the meeting on the newly-minted JioMeet platform from 550 cities in 48 countries.
In his departure statement ahead of his week-long visit, Modi referred to Indo-US relations and said working together, the two nations can contribute to building a more peaceful, stable, secure, sustainable and prosperous world.
The prime minister said the country would give befitting response to every terrorist.
'We like to look at a screenplay as a spiral staircase.' 'You never know what awaits at the next turning.'
The IAF chief also said Pakistan has become a pawn of Chinese policy and its dependence on China would increase further in future. He said India needs to understand the interplay of some major events in its vicinity that would impact the security scenario of the region.
'The kind of jobs the advent of artificial intelligence, data science and so on are creating simply didn't exist before'
Indian Olympic Association president Narinder Batra was elected a member of the International Olympic Committee, on Wednesday. Batra was elected to the prestigious seat during the IOC Session in Lausanne as one of the 10 new members, after garnering 58 votes and four against.
Terming investment in infrastructure "quintessential" to boost growth, the Economic Survey on Friday said post unlocking of the economy, infra sectors are poised for growth and construction of roads is expected to return to the high pace attained before COVID-19. The infrastructure sector will be the key to overall economic growth and macroeconomic stability, the Survey said emphasising that the year after the crisis (2021-22) will require sustained and calibrated measures to facilitate the process of economic recovery and enable the economy to get back on its long-term growth trajectory. "Basic infrastructure facilities in the country provide the foundation of growth. In the absence of adequate infrastructure, the economy operates at a suboptimal level and remains distant from its potential and frontier growth trajectory.
At an online book release event, former vice president Hamid Ansari lays to rest the controversies surrounding his tenure.
'Both the Centre and the states cannot say that they have been taking good care of public health.'
The Forbes 30 Under 30 list is harder to get into than Stanford or Harvard University. Meet the desis who made the cut this year.
Xi, 67, already roiling the Communist Party with a 'rectification' campaign and mass persecution of foes, will launch 'another brutal purge' following the Chinese army's failures on the Indian border, the Newsweek said in an opinion piece.
In an address at the Council of Heads of Government meeting of the eight-member SCO, Vice President Venkaiah Naidu said the most important challenge faced by the region is terrorism, particularly cross-border terrorism, and that India remained concerned about threats emerging from ungoverned spaces as well.
After a 25-year stint at ICICI Bank, Mor suddenly quit as he wanted to add more value in the bigger areas of health care and financial inclusion.
'This chauvinistic attitude, what they call nationalism in the name of religion, is sad.' 'It is a tragic state that we are all in currently.'
'In politics, not everything is spoken and there are a lot of messaging done very discreetly.'
Constantly evolving rules and anomalies over tax treatment have constrained corporate programmes in the first year that the government's CSR mandate has been in force.
Shortage of ICU beds, oxygen, ventilators, vaccines, doctors, nurses and crematorium space in India has dominated headlines around the world in the past few weeks with Covid-19 cases surging beyond control and the government failing to deliver. Yes, election rallies, Kumbh Mela, blatant flouting of social distancing and mask protocols coupled with a messy vaccination process are said to be responsible for the health crisis of colossal proportions that India is facing today. But an analysis of Budget speeches made by finance ministers over 75 years also offers a glimpse of how low on the priority list healthcare has featured for the political class and policy-makers, which is a significant reason for the current situation.
We should be relieved that we got the doses but we must also know where they came from and who was and who was not responsible for this achievement, notes Aakar Patel.
'I want to assure this House that in these talks we have not conceded anything.' Full text of what Defence Minister Rajnath Singh told Parliament on the Chinese pullback in eastern Ladakh.
Along with IAF officials, the AAIB will also reach out to experienced private sector executives, meteorologists, and aviation psychologists to be part of the probe.
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