All banks are eligible for privatisation. A committee of secretaries will decide which banks will be privatised, says Financial Services Secretary Debasish Panda.
It is baffling how the PM chose the LCH as an indigenous product to celebrate on Rashtriya Raksha Samarpan Parv, even while his Cabinet holds up manufacturing clearance for 15 LCHs on the grounds that they are not Indian enough.
With the increased death rate in the ongoing second wave of Covid-19, domestic cement companies are in no better condition than they were in the April-June quarter of FY21 when the country faced nationwide lockdown. "This wave has had high death rate which has impacted the business. "We are in no better situation than last (year) April. "Deaths of drivers, dealers, contractors and also employees have hit the industry really very hard since April (FY22)," M Ravinder Reddy, director of Bharathi Cements said.
Named after Satyajit Ray's famed detective, the Feluda test, which is priced at Rs 500 and can deliver a result in 45 minutes, is able to differentiate SARS-CoV-2 from other coronaviruses even if genetic variations between them are minute.
The Delhi Metro will operate at 50 per cent capacity and markets and malls in the national capital will open on an odd-even basis from June 7, Chief Minister Arvind Kejriwal said on Saturday as he announced further relaxations in lockdown.
The GoM was apprised that as of now, the death rate is around 3.1 per cent while the recovery rate is more than 20 per cent, which is comparatively better than most of the countries and may be taken as a positive effect of the lockdown in the country, along with the cluster management and containment strategy.
While the vaccine could be available at $3-6 (Rs 225 to Rs 550) per dose, herd immunity might be two years away due to implementation challenges, it said, adding the experience in large scale adult vaccination programmes is thin.
'Facilitating conversion of well-run NBFCs into banks is urgently needed.'
'I've been illegally detained yet again. Since two days, J-K admin has refused to allow me to visit @parawahid's family in Pulwama. BJP Ministers and their puppets are allowed to move around in every corner of Kashmir but security is a problem only in my case,' Mufti tweeted in English and Urdu.
India may adopt norms similar to the US Federal Reserve model, which regulates conglomerate-led banks in the country.
In September, Bharat Biotech aimed to supply 35 million doses, and take this up to 55 million by October. This is still less than what the Indian government expects from the company.
Railway traffic has dropped 32 per cent to 99.86 mt between April 1 and May 14, compared to the same time last year, while its revenue, too, dipped 41 per cent to Rs 9,094.38 crore.
Army sources indicate the first Integrated Battle Groups would come up in the plains of Jammu, Punjab, and Rajasthan, providing New Delhi instruments of retaliation in the event of grave provocation by Pakistan, such as a 26/11-style terrorist attack.
43 months after Modi's election promise that his government would create 10 million jobs, the reality does not paint a pretty picture, warns Shyamal Majumdar.
Companies, so far, were constrained by the provisions of Articles 370 and 35A, which restricted the purchase of land and hiring manpower.
As per the plans, the survey will be conducted to identify people of four communities -- Goria, Moria, Desi and Jolah of the tea tribes -- considered as indigenous.
The so-called 'fourth industrial revolution' will bring ever faster cycles of innovation, posing huge challenges to companies, workers, governments and societies alike
Foreign banks set the template in consumer banking in its infancy, but have almost vacated this booming space.
India may soon see a new set of oil barons with lesser-known companies venturing into crude oil and natural gas production. These new kids on the block have come up through a mix of entrepreneurial grit and backing from oil industry veterans. Nippon Power, South Asia Consultancy, PFH (Poddar Family Holdings) Resources and Chennai-based Adbhoot Estates could be the first ones to start production from blocks awarded during the first round of Discovered Small Field (DSF-1) auctions. Adbhoot is in a 50:50 joint venture with the Bombay Stock Exchange-listed Hindustan Oil Exploration Company that has some five oil producing assets and over 10 blocks across the country.
The Centre has ruled out door-to-door vaccination of people and said the inoculation will be done at identified COVID Vaccination Centres, both government and private, registered on COWIN for 'good, germane and rational reasons'.
Three years after the prime minister's election promise that his government would create 10 million jobs, the emerging picture is not pretty. Employment HAS TO take on a critical status in the government's agenda, says Shyamal Majumdar.
Home healthcare remains a niche segment in India even today. Nightingale provides services, starting from family physicians, short- and long-term nursing care, post-hospitalisation care and physiotherapy to stroke rehabilitation, respiratory care, bedside caregivers and attendants, intensive care at home, lab tests and speech therapy.
Jammu and Kashmir DGP S P Vaid said a possibility does exist of it carrying out a lone wolf kind of attack.
According to the bill, Indians should not exceed 15 per cent of the population.
Over two lakh posts are estimated to be created by the Central government in its various departments.
"The rescue personnel did not rest till all the bodies were recovered from the 800-feet deep gorge where the bus fell on Sunday," Raigad district collector Dr Vijay Suryawanshi said.
Since Pakistan has 'opted out' of the project, it is now being called South Asian satellite.
Hero MotoCorp, Honda Motorcycles, Scooters India, TVS, Honda India, Toyota Kirloskar Motor, Ford, Nissan, Ashok Leyland are all giving the Auto Expo a miss this time.
States are now gearing up to implement the scheme, integrating it with their own public health insurance plans and tying up the loose ends.
Chandrasekaran, who is the co-recipient of this year's USIBC Global Corporate Leadership Award, also said it is possible to have a limited deal between India and the US before the elections there in November if both sides work together to get something done and not try to solve all issues at once.
Income Tax officials plan strikes, stoppage of searches and surveys if their demands on vacant positions, infra aren't met.
Even as one bench of the Delhi High Court is for increasing the manpower of Delhi Police to segregate crime detection from law and order, another bench on Monday said the force is "overstaffed".
'An expanding army, rising salaries due to the 7th pay commission, and raised pensions due to OROP are consuming money at the cost of badly needed bulletproof jackets, rifles, artillery, submarines, warships and fighter aircraft,' notes Ajai Shukla.
Digibank will offer only savings deposits initially, but will expand to include investments and lending in the coming months.
How do you decide if you should take up a new job in these difficult times? HR guru Mayank Rautela has some tips that could help you decide.
Invensys, a UK-based global industrial automation, controls and transportation group, will invest $20 million (around Rs 86 crore) to ramp up manpower at its Invensys Development Centre in Hyderabad during the current financial year.
When the lockdown was lifted last year, Rasikbhai Kotadiya, who runs a powerloom unit in the Kim-Pipodara industrial area on the outskirts of Surat, was left with only four workers out of the 48 that he used to employ to run his 128 looms. Though the economy had been unlocked, his textile unit, and that of thousands of others, struggled to resume operations. By the last week of May, nearly 700,000 of Surat's 1.2-1.5 million migrant workers, left high and dry with no pay during the lockdown, had returned home. In Laskana, another textile weaving hub in Surat, the powerlooms were all but silent, with only 2,000 of the total 55,000 looms churning out grey cloth at a snail's pace.
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