He also pointed out that the home ministry was neither consulted, nor did it give the necessary security clearance
Finance Minister Nirmala Sitharaman on Monday presented the Budget for 2021-22 in the Lok Sabha that is expected to provide relief to the pandemic-hit common man as well as focus more on driving economic recovery through higher spending on healthcare, infrastructure and defence amid rising tensions with neighbours, As India emerges from the COVID-19 crisis, the ninth Budget under the Modi government, including an interim one, is widely expected to focus on boosting spending on job creation and rural development, generous allocations for development schemes, putting more money in the hands of the average taxpayer and easing rules to attract foreign investments.
Discrimination between old and new customers have come down after base rate.
Traditionally, most PSUs have been cash-rich, which added to their value. However, the government has been tapping regularly into their cash resources to boost revenue for the exchequer
If purists are surprised as to why and how people are not demanding prohibition or not talking about past promises, both in the election manifestos five years back and even those made to the courts, the answer lies in how the state has been evolving and changing these past few years, says N Sathiya Moorthy.
A recent report by Citi had pegged the total amount stuck in stalled projects across seven major Indian cities (Bengaluru, Mumbai Metropolitan region, National Capital Region, Ahmedabad, Hyderabad, Kolkata and Pune) at Rs 80,000 crore.
The move is likely to help 4.59 lakh housing units across the country.
The two-day nationwide strike call, demanding early wage revision among other issues, was given by United Forum of Bank Unions that comprises nine national unions.
The total value of holdings of domestic institutional investors as a percentage of the value of FII holdings has reached its highest level in four years.
Clearly, the extra borrowing of Rs 4.2 trillion the government has planned so far will not be enough to meet the shortfall in revenues which could be between Rs 8 trillion and Rs 10 trillion, points out A K Bhattacharya.
According to a research note by Bank of America Merrill Lynch, while foreign institutional investors' holding in Sensex has gone up to the highest level in last eight years, while LIC and domestic MFs were net sellers.
The solution for railways lay in understanding the strengths of the system,
Say will take up the issue with the HUL management.
Congress termed the raids as highly vindictive and said it is part of "PM Narendra Modi's hate agenda and political vendetta against the Congress and its leaders".
The judge posted the matter for argument to May 29 after the CBI sought time to file a reply to the bail pleas by Singh.
This was not Sharad Pawar or Prithviraj Chavan speaking. It was Uddhav Thackeray, the undisputed chief of the Shiv Sena!
Institutional investors have hiked their holding in Reliance Industries Ltd to nearly 29 per cent - highest in about 7 years - as LIC and foreign funds stocked up shares worth Rs 1,000 crore in the last quarter.
Public sector insurance major Life insurance Corporation of India hopes to register a total premium income of Rs 10,000 crore (Rs 100 billion) from the Varisth Pension Bima Yojana in 2004-05
'They want (the ownership and management of PSU banks) to pass into the hands of a private sector entity.' 'Ownership of these banks will go from the public sector to private sector.'
Nomura analysts said the Reserve Bank of India and the government would need to segregate the potential solvency issue at DHFL from liquidity issues at other larger wholesale NBFCs and HFCs.
Over the years, NHAI's expenses have spiraled due to sharp increase in land acquisition costs, while budgetary support has shrunk, leading it to fall back on internal resources and market borrowings
Investing in these precious and base metals is as easy as investing in stocks. Here's how
The suggestion comes within days of reports that LIC and the Employee Provident Fund Organisation snapped up the entire Rs 7,400-crore (Rs 74-billion) bond issue of the debt-ridden Air India.
Investing in such properties is high-risk proposition, as developers do not have requisite approvals. At a later stage, projects can be delayed or even shelved for lack of funds.
Brace yourselves to shell out more for home loan instalments.
'No commercial bank will be allowed to fail. There is nothing to worry about.'
RBI said the improvement in asset quality was driven by state-run lenders which saw a drop both in both GNPA and in the net NPA ratios.
The NMDC issue was oversubscribed 1.73 times on Wednesday, fetching Rs 6,000 crore (Rs 60 billion) for the government for its 10 per cent stake, thanks to strong participation from FIIs and state-run insurer LIC.
The government's 4 per cent stake sale in Hindustan Copper was on Friday over-subscribed, marking the start of ambitious Rs 30,000-crore (Rs 300 billion) disinvestment programme that is crucial for meeting the fiscal deficit target.
'Imagine the message it sends to people. They will think tobacco cannot be a killer because LIC is investing in it.' 'The so-called rakshak (protector) has become a bhakshak (destroyer).'
'I have been advising investors since the last couple of months to at least take their capital out.' 'Most of the people have made 50-60 per cent in the market, if not more, they must at least take their capital out.'
Some lenders in talks with LIC for pvt placement
UTI, HDFC, Reliance MF and SBI MF already source 17-25% of funds from small towns.
Life Insurance Corporation of India and General Insurance Corporation of India are planning to take exposure in Maruti Udyog from the secondary market once the shares in the automaker drop below Rs 115.
More than a dozen corporates, including big names such as Aditya Birla Group, M&M, L&T, as well as state-owned PFC, LIC and India Post, are likely to apply to the Reserve Bank for licence to open banks.
Companies which have been dropped from the list include Tata Motors, Hindustan Unilever, MRF, Glaxo SmithKline Consumer Healthcare, Pfizer, Dr Reddy's Labs, Glenmark Pharmaceuticals, HDFC and Kotak Mahindra Bank
Suriya Loganathan achieved a golden double, winning the 5,000 metres, at the 52nd National Open Athletics Championships in Chennai on Thursday. The Tamil Nadu lass, who had earlier got the better of Asian Games gold medallist Preeja Sreedharan in the 10,000 metres, held off a strong challenge from Railways' O P Jaisha and LIC's Monika Athare to emerge triumphant.
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