Senior bureaucrats Avinash Joshi and Niraj Verma are among the 10 candidates who are in the race to become chairman and managing director of India's largest oil and gas producer, ONGC. Mangalore Refinery and Petrochemicals Ltd (MRPL) director-finance Pomila Jaspal and ONGC director for technology and field services Om Prakash Singh are the other prominent names in fray for the top job, according to a candidate shortlist by the Public Enterprise Selection Board (PESB). PESB - the government headhunter - will hold interviews to select the new head of Oil and Natural Gas Corporation (ONGC) this week. Both the bureaucrats are from the 1994 batch of IAS officers belonging to the Assam-Meghalaya cadre.
Considering all the facts, court's additional session judge Pawan Kumar Jain granted interim relief from arrest to her as police have not issued a notice to the accused.
The figures are encouraging for the auto industry amid apprehension that due to higher cost and lack of fuel availability, cars with stricter emission standards may not be popular in initial stages. Automakers had even cited this confusion as one of the reasons for dwindling car sales in India, reports Arindam Majumder.
Though the ministry is considering 2017-18 as the new base year, no decision has been taken as the committees of experts are awaiting some more data before finalising their opinion.
Six young Indian designers showcased their stylish ideas and vision to make India a fashion destination.
Police says a case of dowry death has been registered against eight persons.
As the second wave of the Covid-19 pandemic abates, India's automakers are hopeful of a quick recovery in sales volumes, led by better rural sentiment, low interest rates, improved availability of finance and a gradual uptick in business and economic activity. In fact, companies have started to ramp up production already, encouraged by high order books and the growing preference for private transport in both rural and urban areas as a means to avoid infections. In early April, the industry had been bullish as the sales trend for March showed that the effects of the Covid-19 pandemic had been left behind. The total vehicle sales had grown by 77 per cent, albeit on a lower base, and for the past few months, sales had consistently touched 300,000 units per month.
The disengagement of troops of the Indian Army and China's People's Liberation Army from the Line of Actual Control was reached after sustained negotiations at the military and diplomatic level, said the ministry of external affairs last week.
Increasing awareness about mutual funds, ease of transactions through digitisation and sharp surge in equity markets have aided asset management companies to add a staggering 3.17 crore investor accounts in 2021-22, with experts saying the trend is likely to continue this fiscal as well. This was a significant rise from 2020-21 when 81 lakh accounts (or folios in mutual fund parlance) were opened, data with the Association of Mutual Funds in India (Amfi) showed. The ongoing financial year too appears to be promising in terms of folios as increase in investor accounts will enable people to move beyond fixed deposits and savings accounts, said Priti Rathi Gupta, founder of LXME, a financial platform for women.
"Those named in the FIR should go to jail. The government should take immediate action and the matter should be probed by a sitting judge of the high court. There are videos clips, statements of eyewitnesses, the statement (of minister) in which he is threatening. As he (accused Ashish Mishra) is the son of the MoS, action has note been taken yet," he said.
Equity mutual funds witnessed an outflow of Rs 9,253 crore in January, making it the seventh consecutive monthly withdrawal, primarily due to profit booking and portfolio rebalancing amid markets touching new highs. The pace of outflows from equities has however slowed for the third month and Gautam Kalia, head - Investment Solutions, Sharekhan by BNP Paribas said that it will likely turn positive soon as investors get used to the new normal. In addition, investors pulled out Rs 33,409 crore from debt mutual funds last month after investing Rs 13,863 crore in December, data from the Association of Mutual Funds in India showed on Tuesday.
However, a net amount of Rs 11,119 crore was withdrawn from the debt segment during the same period. This translated into a net investment of Rs 1,003 crore.
Chief metropolitan magistrate Snigdha Sarvaria allowed the police plea, which said further investigation was on.
The officer said UP unit chief of Antarrashtriya Hindu Mahasabha, Ranjeet Bachchan, died on the spot after being hit by a bullet
"Would your Lordships give me time till Monday? I have almost got it done. We are working something out," senior advocate Harish Salve, appearing for the UP government, told the bench headed by Chief Justice N V Ramana. "List on Monday," said the bench which, also comprised justices Surya Kant and Hima Kohli, acceding to the request.
'We will be looking to prune our portfolio to make GIC Re a healthier entity.'
India's biggest car maker Maruti Suzuki said on Tuesday that its vehicle production in September will tumble by 60 per cent due to chip shortage. The company, which had earlier cut down production at its Gujarat plant, said the chip shortage will hit production in Gurugram and Manesar plants, effectively forcing the automaker to cut production by 60 per cent. Owing to a supply constraint of electronic components due to semiconductor shortage, the company is expecting an adverse impact on vehicle production in September in both Haryana and its contract manufacturing company, Suzuki Motor Gujarat Pvt Ltd. (SMG) in Gujarat.
Condemning the terrorists who seek to infiltrate across the Line of Control, the United States on Thursday called on all parties to reduce tensions along the LoC by returning to the 2003 ceasefire commitments.
In 2021, there is the risk of interest rates spiking. Investors should tackle duration risk with a longer investment horizon, suggests Sanjay Kumar Singh.
To help revive the economy battered by COVID-19, Finance Minister Nirmala Sitharaman on Monday announced a slew of measures, including Rs 1.1 lakh crore credit guarantee scheme for improving health infrastructure, and enhancing the limit under the ECLGS by 50 per cent to Rs 4.5 lakh crore for the MSME sector facing liquidity crunch. Sharing the details of stimulus package, the finance minister said this comprises eight relief measures and other eight measures to support the economic growth. She announced Rs 1.1 lakh crore loan guarantee scheme for COVID-affected sectors, including health sector, which includes guarantee cover for expansion or for new projects. Besides, she said, additional Rs 1.5 lakh crore limit enhancement done for Emergency Credit Line Guarantee Scheme (ECLGS) scheme.
EY said out of the nearly Rs 21 lakh crore package, Rs 8.01 lakh crore is on account of liquidity enhancing measures taken by the RBI since February.
The Bharatiya Janata Party, for whom the temple town sharpened its Hindutva plank, is facing a challenge particularly from the Samajwadi Party in the ongoing state polls.
In a joint statement, the two armies said it was agreed to earnestly implement the important consensus reached by the leaders of the two countries and ensure that the frontline troops exercise restraint and avoid misunderstanding and miscalculation.
The Indian Army on Friday strongly insisted on early disengagement of troops by China from all the friction points in eastern Ladakh at the eighth round of corps commander-level talks between the two sides that primarily focused on a roadmap for restoration of peace and tranquillity in the region, according to people familiar with the developments.
Anurag Kashyap's classic Black Friday is a must watch film.
To maintain law and order during the farmers' tractor parade, thousands of security personnel had been deployed at several border points.
'The situation is especially serious in major hotspot districts or emerging hotspots like Ahmedabad and Surat (Gujarat), Thane (Maharashtra), Hyderabad (Telangana), and Chennai (Tamil Nadu),' the MHA statement said.
Such attempts had risen sharply right before pandemic and early part of pandemic by 121 per cent.
A bench, comprising Chief Justice S A Bobde and Justice Aniruddha Bose, did not agree to the submission that the project in Lutyens' Delhi needed to be stayed as the government bodies were to approach the authorities concerned for clearance and other formalities. 'Nobody is going to do anything' during the COVID-19 pandemic, said the bench.
These images sent by our readers will ignite wanderlust in you.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
The Ayanagar weather station recorded 122.8 mm between 8.30 am on Wednesday and 8.30 am on Thursday, which was 11 times the normal rainfall.
Insiders say the BJP is now concerned the LJP putting up a good fight against the JD-U would mean benefitting the MGB in those seats. Moreover, Chirag and Tejaswi are known to be friends, and the former is battling for his political survival.
Let alone a discount, they might not even get the model, variant or colour of choice in BS-IV-compliant vehicles.
Releasing the survey report after taking into account the expert committee recommendations, Statistics Secretary Pravin Srivastava told reporter, "It is a new design and a new matrix. It would be unfair to compare it with the past. This 45- year high is your interpretation. I don't want to claim that it is 45-year low or high."
'I strongly urge China to respect norms and use diplomacy and existing mechanisms to resolve its border questions with India'
A total of 49 companies raised Rs 81,615 crore in Samvat 2077, more than the preceding four years and almost double the amount raised in the previous year. Samvat 2078 appears even more promising with mega issues of Paytm and Life Insurance Corporation (LIC) of India. However, Paytm's record could be short-lived as state-owned LIC is planning to launch a Rs 1-trillion IPO by March 2022.
Nepal recently released the revised political and administrative map of the country laying claim over the strategically key areas of Lipulekh, Kalapani and Limpiyadhura.
India on Tuesday temporarily licensed the export of paracetamol and anti-malarial drug Hydroxychloroquine in appropriate quantities to some countries, which have been particularly badly affected by the coronavirus pandemic.
'Male colleagues are stalking them on social media or sending friend requests, commenting on their pictures when they are not even friends.'
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