'There is merit in appointing people with ability and energy, then leaving them to do the job.' 'The Modi government would have had a better record if it had stuck to this formula from the beginning,' argues T N Ninan.
In a major relief to stressed assets, the Cabinet approved the proposed IBC amendment that the licences, permits, concessions, and clearances for a corporate debtor cannot be terminated or suspended or not renewed during the moratorium period. The Cabinet also allowed amending the code to streamline the corporate insolvency resolution process and protect last-mile funding to boost investment in financially distressed sectors.
North Korea has threatened to go to war against South Korea a day after the latter fired dozens of artillery rounds across the rivals' border in response to what it said were several rounds of Pyongyang's artillery launched at the South.
'This country has become cynical, the country has lost hope. Prime Minister Narendra Modi is getting back hope in this country.' 'We are deconstructing the past which had corruption, inefficiency, policy paralysis, a tottering economy where investors had lost confidence, and people had become cynical. We are changing that, we are bringing confidence back to the people of India.'
Almost every home in this area has a slogan 'Jal, Jangal, Jameen' painted outside. Rashme Sehgal reports for Rediff.com on the four-year battle to save the Mahan forest in Madhya Pradesh.
Justice Handyala Lakshminarayanaswamy Dattu was appointed as the next Chief Justice of India on Friday and will have a tenure of 14 months. The President is pleased to appoint Justice Dattu as the CJI with effect from September 28, 2014, the law ministry announced in New Delhi.
The Centre on Saturday issued fresh guidelines relaxing the nationwide lockdown, the fourth phase of which ends on May 31.
According to sources, Kingfisher Airlines allegedly diverted funds by opening a current account in HDFC Bank and had a balance of Rs 7.5 crore (Rs 75 million) as on date.
Among the three Deputy Chief Ministers are Govind Karjol, who has also been given the charge of PWD and Social welfare; Ashwath Narayan the portfolio of Higher Education, IT & BT, Science and Technology; and Laxman Savadi with Transport department.
India's water future remains very bleak. The monsoon season, which once extended to 4 months, is now down to less than 30 days of heavy rain.
'The coronavirus has provided each one of us a chance to press the 'reset' button. I take this National Medical Emergency to announce a process of national healing.' 'As of midnight tonight, my government will drop all talk of NRC and NPR, and my Muslim brethren should sleep peacefully that this is as much their country as mine.'
The Central Vigilance Commission has convened a meeting with Central Bureau of Investigation Director Ranjit Sinha to discuss the missing files with details of coal block allocations.
Sai said the revenue on account of steel exports stood at Rs 29,994 crore (Rs 299.94 billion) in 2013-14.
The government has already withdrawn the RFP for heavy weight torpedoes for Socrpene submarines which was won by WASS, a Finmeccanica subsidiary, during the United Progressive Alliance regime. The government is now working out the alternatives.
The Narendra Modi-led National Democratic Alliance government has given environment clearance to five projects since it took charge on May 26.
Tax shortfall: Finmin asks banks to deposit March TDS by month end.
The government is working towards setting up an international diamond trading centre in the country and is keen to encourage investment by Indians in diamond mines abroad, Union Minister of Commerce and Industry Kamal Nath said on Tuesday.
The Reserve Bank of India (RBI) has liberalised the procedure for facilitating the import of rough diamonds (termed roughs in the trade).
The first task facing the authorities of the Pakistan-occupied Kashmir and India is to repair the road along the 170 km stretch and de-mine the area.
Following is the Facebook post of Finance Minister Arun Jaitley on one-year of the BJP-led NDA government.
Chinese companies invested $3.62 billion in non-financial sectors overseas in 2004, an impressive growth of 27 per cent year-on-year, the ministry of commerce said in Beijing.
As mostly sports-mad Mongolians cheer on the country's two medalists at the Rio Olympic Games, deepening economic troubles at home mean the new government cannot afford to pay its athletes.
There is a proposal to term forests as areas so notified and not include plantations on private land.
All this is happening at a time when aluminium prices in the world market are firming up.
The RSS chief's comment that if war broke out, the military would not be ready for at least six to seven months is correct as it faces a shortfall in training and alertness and an even greater lack of funds for defence preparedness, notes Ajai Shukla.
India has shortlisted five of the 17 hi-tech items of military hardware offered by the US for co-production and co-development under a one-of-its kind American offer to boost bilateral defence cooperation.
Investment in infrastructure was necessary for the economy, as power shortages, inadequate transport and poor connectivity affect overall growth performance, as per the Economic Survey 2019-20 tabled in Parliament by Union Finance and Corporate Affairs Minister Nirmala Sitharaman. "To achieve GDP of USD 5 trillion by 2024-25, India needs to spend about USD 1.4 trillion (Rs 100 lakh crore) over these years on infrastructure so that a lack of infrastructure does not become a constraint to growth," it said.
The Narendra Modi-led government has issued around 50 fresh guidelines easing conditions for industry in about six months, beside launching an online system for applying environment clearances.
C Venkataramana, chairman and managing director of public sector alluminium major Natioan Alluminium Company has gone on leave following registration of a first information report against him by Mumbai Police for allegedly molesting a woman colleague
'At its peak, COVID-19 in Korea felt like half-disaster, half-disaster movie.'
The Supreme Court judgement will hopefully ensure that those in power and authority will hesitate before allotting precious natural resources that belong to each and every citizen of the country in an arbitrary and corrupt manner, says Paranjoy Guha Thakurta.
After the revival of its ailing subsidiary IISCO, Steel Authority of India Ltd has sought the Centre's approval to merge it with itself.
In a bid to break the monopoly of public sector coal companies, the government is planning to permit private coal mining companies to sell the commodity, thus overcoming the need for legislative changes.
A recent data released by the Central Statistics Office (CSO) confirm that both the manufacturing and mining sectors shrunk in 2013-14 with fall in output.
Raghuram Rajan, who was Chief Economic Advisor in the Finance Ministry before taking over as RBI Governor on September 4, is scheduled to announce the next mid-quarter policy review on December 18.
Union minister for coal and mines Mamata Banerjee on Monday announced 15 per cent interim relief for coal miners and employees and said no collieries would be closed and no retrenchment would be made.
