No longer Bengal's finance minister, Amit Mitra, Mamata's principal chief advisor, will still advise and aid the 'chief minister and finance department on all matters relating to management of state finance', represent the 'state government in national and international events/meetings/committees' and examine 'important proposals/files and policy issues relating to financial matters referred to him for advice/views'.
The ministry of health and family welfare spent Rs 3,948 crore in May this year compared to Rs 7,816 crore in the corresponding month of the previous year. On the other hand, at Rs 12,930 crore, the expenditure had risen almost 200 per cent in April against Rs 4,327 crore in the corresponding month of 2019-20.
Leg spinner Pravin Tambe was on Monday surprisingly included in the Mumbai Ranji Trophy team to take on Jharkhand in the four-day Group A match starting at the Wankhede Stadium in Mumbai on December 6.
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.
Outlay for infra is also expected to see a significant increase in view of the government's Rs 111-trillion investment plan under the national infrastructure pipeline to develop social and economic infrastructure over five years.
While the farmers are not getting remunerative prices for their produce, at the same time they are forced to pay high prices for items they consume.
The internals of the food inflation are worrying, given a broad-based uptick across categories that tend to be sticky, such as proteins, and a narrower-than-expected reduction in inflation for vegetables.
Imports too declined 26 per cent to $29.47 billion in August, leaving a trade deficit of $6.77 billion.
Sachin Tendulkar, who got off the mark with a boundary with his trademark straight drive, dragged an incoming delivery from pacer Mohit Sharma back on to his stumps and was bowled for five on Day 1 of the Ranji Trophy match against Haryana.
The immediate revenue loss could worsen the Centre's fiscal deficit, from the budgeted 3.3 per cent of gross domestic product (GDP) to 3.7 per cent of GDP -- a massive 40-basis-point increase. It was stabilised at 3.4 per cent since 2016-17, report Abhishek Waghmare and Dilasha Seth.
Parthiv Patel led from the front and got good support from Manprit Juneja to help Gujarat take a handy 63-run lead over defending champions Mumbai at stumps on Day 2 of the Ranji Trophy final in Indore on Wednesday.
Mumbai will be without injured pace bowler Dhawal Kulkarni for their Ranji Trophy semi-final against Madhya Pradesh, starting February 13, at Cuttack.
No plaque marks the historic meeting place of the fathers of two nations. And no history textbook tells us about that first meeting and their mutual admiration, common ethos and comradeship.
The mismatch between PMI and core sector could also be due to the fact that while core sector is calculated year-on-year, PMI is calculated month-on-month.
Mop up grows 10% y-o-y at Rs 1.05 trillion, almost equal to levels in February before a nationwide lockdown to contain the coronavirus pandemic
'The government is making more reservations for scheduled castes and scheduled tribes. That, I believe, will ruin Indian industries,' says Professor Baldev Nayar.
Henry Kravis, co-founder of global private equity firm Kohlberg Kravis Roberts & Co, thinks India should go for a bad bank to deal with bad assets in banks. In an interaction with journalists in Delhi, he says there are plenty of opportunities in India. He was joined by India CEO Sanjay Nayar.
Talent squeeze has been eroding some benefits of Indian vendors.
Banks have so far succeeded in passing on almost the entire increase in cost of funds to the borrowers, but are close to reaching a point where it won't be possible to transfer to borrowers the entire burden of increase in interest costs.
Sectors with positive growth during the month include rice, iron ore, oil seeds, oil meals, meat, dairy and poultry products, pharmaceuticals, coffee, engineering goods, and plastic.
India's factory output climbed 22.4 per cent in March, benefiting from the base effect of the lockdown-marred month a year back as well as a turnaround in the manufacturing sector, while retail inflation slipped to a three-month low of 4.29 per cent in April. The high positive annual growth in the index of industrial production (IIP) in March 2021 came on back of a contraction of (-)0.9 per cent and (-)3.4 per cent in January and February 2021 respectively, according to the data released by the National Statistical Office (NSO) on Wednesday. This turnaround was led by recovery in the mining, manufacturing and electricity sectors.
Nayar urged the court to takeup the matter at an early date in view of the high number of vacant seats likely to be filled in the near future.
NCA came into the picture at just the right time to rebuild their bodies and careers.
The annual list of 'Heroes of Philanthropy', compiled by Forbes Asia magazine, features a total of 48 people from the the Asia-Pacific region, including countries like China, Singapore, Hong Kong and Indonesia.
Reigning champions Mumbai, gunning for their 42st Ranji Trophy title, on Wednesday inducted uncapped teenage batsman Prithvi Shaw into their squad for the semi-finals against two-time champions Tamil Nadu to be played at Rajkot from January 1 to 5.
Virender Sehwag's experiment to bat in the middle-order failed, and Gautam Gambhir's woeful run of form continued, as India 'A' were restricted to 191 for 3 at stumps on the second day of the second unofficial 'Test' against West Indies 'A', at the Jawaharlal Nehru National College of Engineering cricket ground, in Shimoga, on Thursday.
The inflation in the food basket spiked to 7.89 per cent in October 2019 as against 5.11 per cent the preceding month.
Middle-order batsman Suryakumar Yadav joined rookie opener Jay Bista in the list of Mumbai centurions as the Ranji Trophy champions amassed an imposing first innings score of 603 against Rest of India in the Irani Cup match in Mumbai on Monday.
Such a disruption will take the clock back by many years - in terms of passengers handled - for these airports, thus raising questions among some of the airport operators over a delay in expansion plans.
Kishore Biyani-led Future Retail Ltd (FRL) on Thursday told the Delhi high court that Amazon was opposing the Rs 24,713 crore deal with Reliance as the Mukesh Ambani company was a competitor, a contention denied by the US-based e-commerce giant which said it was interested in salvaging FRL. FRL contended before a bench of Chief Justice D N Patel and Justice Jyoti Singh that Amazon was not concerned if the deal falls through then all the shops of the Indian company would be closed down and it's more than 25,000 employees would be without any livelihood. Senior advocate Harish Salve, appearing for FRL, told the court that the US-based e-commerce giant was only concerned that the Mukesh Ambani group company should not get the shops as they are a competitor of Amazon.
When word got around in the ministry of external affairs that Siddhartha and Malavika were going to New York and would be with SM Krishna, protocol officers went to Delhi airport to see off the couple. Siddhartha chided them for doing so and when the officials said a government vehicle would be picking them up at John F Kennedy airport on arrival, he told them that he would take a taxi to reach the New York Palace hotel where his father-in-law was staying. K P Nayar reports.
Much of the Q3 data will simply not be available for the CSO to factor in its calculation.
Deflation masked the rise in food inflation to a 5-month high.
A clinical display by the bowlers gave Mumbai a crucial first innings lead before captain Aditya Tare's fine show with the bat helped them reach to a commanding position on the third day of their Ranji Trophy quarterfinal match against Hyderabad. On a topsy-turvy day, defending champions Mumbai bowled out Hyderabad, who began the day on 167/3, for 280 with left-arm spinner Vijay Gohil picking up three of the five wickets to fall. Abhishek Nayar, who made 59 in the first innings, took 4 wickets for 60. Hyderabad needed 127 runs to wipe out the first innings deficit and they came within 15 runs of the lead. But a lower order collapse resulted Hyderabad slipping from 255 for 5 to 280 all out. Wicketkeeper Kolla Sumanth battled through to make 44 and he was the last man to be dismissed.
Experts warn of over-interpreting the numbers and said their sustainability needed to be watched beyond November, says Indivjal Dhasmana.
'The real lifting of the economy will happen only if this momentum sustains in the coming months.'
Skipper Cheteshwar Pujara scored his third triple hundred in first-class cricket as India gained a stranglehold over the West Indies 'A' in the third unofficial 'Test' in Hubli n Friday. The Saurashtra batsman registered an unbeaten 306 as the home side declared their first innings at 564 for 9, just at the stroke of tea, in reply to the West Indies' 268, to take a 296-run lead.
Young Gujarat batsman Manprit Juneja showed perfect temperament for the longer format of the game, scoring a patient, unbeaten 178 in India A's first innings total of 408 for 7 against New Zealand 'A' at stumps, on the third day of the second unofficial 'Test', in Visakhapatnam, on Wednesday.
Citigroup Global Markets veteran Rajiv Nayar is cautiously optimistic as he sees bouts of risk-on and risk-off sentiments affecting capital raising by Indian companies.
This is the third consecutive month when GST mop-up remained below the Rs 1 lakh crore mark, despite the festival season.
