NITI Aayog had been asking for Rs 7,500 crore for three years to set up an AI framework.
The COVID-19 pandemic and the ensuing restrictions in mobility may result in a 75 per cent reduction in the budgetary allocation for foreign travel in FY22, a senior finance ministry official said. The government will cut "frivolous expenditure" when all the activities are going on in the virtual mode, joint secretary in the ministry of finance, Madnesh Kumar Mishra, said in an event organised by XLRI. It can be noted that the budget for the next fiscal is under preparations right now and officials are also having discussions internally and also with external stakeholders for suggestions.
The net NPA ratio declined to 3.7 per cent in September 2019 from just below 4 per cent in March 2019, reflecting increased provisioning.
Passengers and the general public can stay at the pod rooms by paying Rs 999 for 12 hours and Rs 1,999 for 24 hours.
Senior officials in the MF industry say while the finance ministry and regulators communicate regularly, this is one of the very few instances in many years where an issue between the two has come out into the open.
IMAGES from the EPL matches played on Sunday
Images from the English Premier League matches played on Sunday.
India endured a second successive disappointing result at the Australian Open with Rohan Bopanna and Ben McLachlan bowing out after a first-round defeat to Ji Sung Nam and Min-Kyu Song in the men's doubles event, in Melbourne.
Son Heung-min travelled to Seoul for surgery on a fractured arm and will be out of action in any case for several weeks, but Spurs say they will follow British government recommendations while he continues his rehab on his return.
Radhika Bose turned her love for travel and fitness into a way of life.
One can see this recipe at dhabas, homes in villages and old restaurants, who have been passing it down from one generation to another.
Rakul, Tisca miss shoots... Mini has a question...
Manchester City needed a second-half penalty from striker Erling Haaland to break the resistance of a dogged Crystal Palace.
'Unless the economy is sound in the country how can only three movies collected so much business in a single day?'
ETFs function like a mutual fund scheme and have underlying assets of government-owned companies.
Images from the English Premier League matches played on Saturday
Among other things, the agenda is likely to focus on increasing private investment, employment generation and giving relief to the farm sector
Planning to make a delicious appetiser for a get-together?
Sindhu looked in complete control as she prevailed 21-15, 21-11 over world No. 36 Tan in a 29-minute match.
"The autonomy for the central bank, within the framework of the RBI Act, is an essential and accepted governance requirement. Government of India has nurtured and respected this," the finance minister said in a statement.
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Images from Sunday's action in the Premier League.
Executive Chef Lokesh Jarodia of The Deltin, Daman shares his special Easter recipes.
Star drag-flicket Gurjit Kaur made it 4-0 by converting a penalty corner in the 10th minute.
It has been over two decades since the cabinet cleared the BharatNet project, earlier known as National Optical Fibre Network. However, progress of the programme has been slow. While the government had set the target of connecting 100,000 gram panchayats by 2013, it took another four years to achieve this target in December 2017. Progress under the current administration has improved, but the government has again missed its targets.
"The proposed visit of High Level Indian Delegation to Tokyo consisting of Govt Officials and Indian Olympic Association to review India's #Tokyo2020 preparation on 25th March is temporarily postponed," Rijiju tweeted.
Lakshya Sen recorded another comfortable win but double Olympic medallist P V Sindhu and Kidambi Srikanth had to work hard to enter the semi-finals
The finance ministry (FinMin) has asked Infosys to work on ways to extract and access taxpayers' real-time data faster and accurately as it is crucial for taking decisions on policy changes. While reviewing progress of the income tax portal 2.0, which had faced glitches, the officials also told the Infosys team to increase the scope of pre-filled data in the ITR forms. Senior officials in the ministry held a review meeting last month with the Infosys team and officials of the Central Processing Centre (CPC).
The FIFA World Cup knock-out phase kicks-off on Saturday in Qatar. Here's an overview of the teams advancing to the last 16.
Bored of spending time at home? Try out these yummy recipes.
The mines ministry on Friday said it has sought the law ministry's advice on how to go about granting leases till the proposed new mining Bill, having provisions for auctioning of mines, is passed.
Airline told to transfer non-core assets, subsidiaries to special purpose vehicle
The guild, in a statement, said it has no dispute with the ministry that journalists should behave with restraint and responsibility while enjoying their access to the finance ministry, but a blanket order is not the answer.
Kane's diving header made it 2-0 in the 37th minute to send Tottenham's fans into delirium.
Spending continues to be less as people who are getting direct benefits from the government are choosing to save in the current situation.
Since no insurance companies share data on their claims with each other, the finance ministry and Irdai suspect that a lot of the resultant claims are duplicates.
Probable reasons that led to failure of the sale process include 24 per cent government stake and corresponding rights, high debt, volatile crude oil prices, fluctuations in exchange rate, changes in macro environment, profitability track record of bidders and restriction on bidding by individuals.
A summary of Indian athletes' performances on Sunday, August 7, Day 10 of the Birmingham Commonwealth Games.
Images from Sunday's action in the Premier League.