Banks are set to sell dud-loans worth Rs 90,000 crore of 22 firms in the first tranche to the National Asset Reconstruction Company (NARCL). It's reason for cheer given that such sales to asset reconstruction companies (ARCs) have been poor in recent times. In fiscal 2020, their assets under management (AUM) contracted by 4 per cent; and in fiscal 2021, it fell by another 100 basis points to Rs 1.07 trillion. So, why are we where we are?
In a virtual no-man's land ever since India became independent in 1947, more than 9,500 persons living in 51 enclaves in Coochbehar district are exercising their franchise for the first time on May 5.
Addressing a separate session on world food security, Thomas said that India's food law marks a paradigm shift in approach to food security -- from being a welfare measure to rights-based approach.
'Jaish e Mohammed has been allowed to resurge through supported terror actions in J&K in a deliberate tactic by Pakistan, if only to reduce the international pressure on the Lashkar e Taiba leadership after 26/11,' points out Rana Banerji, who headed the Pakistan desk at the Research and Analysis Wing, India's external intelligence agency.
Gen Naravane also said the Army will enhance combat capabilities along the border with China so that it is fully prepared to deal with any security challenge.
Chinese President Xi Jinping arrived in Islamabad on Monday on his first visit to Pakistan where he is expected to sign a deal for an economic corridor worth $46 billion and other agreement.
'The skills and abilities of civil servants are still respected, even though they become whipping boys when things go wrong.'
Hercules Singh Munda's father used to open the gates to a forest. Today, Hercules leaves for London to open the gates of his many dreams.
China has completed its new mega airport in Beijing after four years of construction, three months ahead of its planned grand opening. Measuring at 1.03 million square metres -- about the size of 144 football pitches -- the Beijing Daxing International Airport will be the world's largest airport terminal, according to Xinhua News. Here's a peak at the gargantuan structure.
The finance minister could well be on her way to setting a record of achieving the biggest single-year reduction in the government's fiscal deficit, explains A K Bhattacharya.
She threw a distance of 63.72m in the women's discus throw at the National Inter-State #Athletics Championship to punch her ticket to the Games.
Athletics Federation of India (AFI) has installed a special strength-building German machine for the use of the country's elite javelin throwers like Olympic-bound Neeraj Chopa and Shivpal Singh at the Netaji Subhas National Institute of Sports in Patiala.
He had come in search of jobs in America to rescue his presidency and India failed him in more ways than one, observes Ambassador T P Sreenivasan.
Pakistan Peoples Party chief Bhutto, 54, was killed in a suicide attack in Rawalpindi shortly after she had addressed an election rally on December 27, 2007.
Trains were set afire and blocked, and public vehicles attacked as protests over 'Agnipath' swept across several places in Bihar, Uttar Pradesh, Rajasthan, Haryana, Madhya Pradesh, Delhi and Jammu on Thursday amid partisan political voices in favour and against the new recruitment scheme for the defence forces that has set off a firestorm.
Experts said the outcome isn't surprising as the action initiated by Sebi was not after an investigation or findings.
'India needs to closely monitor the discussions at the UNSC and make counter-measures as this touches its core interests', points out Srikanth Kondapalli.
Ghafoor warned that military response this time will be different in case of war.
The key demand drivers -- such as low home loan rates and income tax sops, particularly for affordable housing -- that supported the recovery in H2 FY2021, remain in place and will spur recovery again, feel experts.
As part of the ritual, ''halwa'' is prepared in a big ''kadhai'' (large frying pot) and served to the entire staff involved in the Budget making exercise of the ministry. Halwa was served while maintaining COVID protocol with all present in mask and those distributing sweets were wearing gloves.
What's required is proper implementation of the rules and better coordination between market intermediaries such as stock exchanges and clearing members who play a key role in monitoring brokerages.
'A bold, progressive step forward,' Kotak Mahindra Bank CEO Uday Kotak said of Nirmala Sitharaman's corporate tax breaks.
'A narrative is needed that captures the reality in Pakistan objectively and more fully'
Indian-American Haley, in an interview to Fox News, said the Chinese were quiet and strategic during her tenure at the UN. They moved and made sure that they were trying to get positions in certain areas, and trying to get things done behind closed doors, she said.
Mopping up operations were underway at the building.
Fresh bird deaths were reported on Tuesday, including over 900 from Himachal Pradesh and Rajasthan, amid cases of avian influenza in 10 states and union territories, with the Centre saying it has issued advisories on testing and maintaining sufficient stock of PPE kits for culling operations.
Pakistan's Inter-Services Public Relations admitted three casualties among their troops at Rakhchakri in Rawalakot.
Rawat was briefed on the prevailing security situation in J&K Valley and recent operations conducted by the security forces.
What we have in the Congress is a useful glue to hold a non-cultural, unified Opposition together. That is the sacrifice the Congress must be willing to live with if showing the BJP the door is what the collective Opposition wants, observes Shyam G Menon.
The apex court has been holding hearings through video conferencing since March 25 due to the COVID-19-induced nationwide lockdown and even after the restrictions were relaxed; it has decided to continue with the practice.
The unidentified hackers had executed money transfers on two separate occasions - August 11 and August 13 - which raises the question of why pro-active measures were not taken on the first night itself
'India has ramped up infrastructure on its side, so the Chinese military is finding Indian soldiers in locations where they are not used to seeing an Indian footprint,' points out Harsh V Pant.
11 fishermen who were on board the Pakistani boat have been detained.
Breaking her silence on the series of allegations levelled by her former ally, the BJP, Mehbooba said it was sad to see the saffron party disown its own initiative and label it a "soft approach".
In a statement, the federal chief prosecutor said the 28-year old man, a dual German and Russian national identified as Sergei V., had bought options on Borussia Dortmund's stock before the attack.
Companies in China, South Korea and Indonesia pay 25 per cent tax, while those in Malaysia pay 24 per cent. Only Japan has a higher tax than India at 30.6 per cent. Hong Kong has the lowest corporate tax rate of 16.5 per cent while Singapore has 17 per cent rate and Thailand and Vietnam levy 20 per cent tax on companies.
Sushma in her address at the Shanghai Cooperation Organisation Council of Foreign Ministers meeting said that terrorism is an enemy of basic human rights.
As many as 47 people, including 20 security personnel, have been killed and over 130 injured in the R S Pura sector in Pakistan shelling and firing this year.
The chief minister still has time to repair the damage but he will have to act all-round, both at the government and party levels, suggests N Sathiya Moorthy.
The Shanghai Composite Index eased 0.2 percent in subdued trading on Wednesday morning.
