'There is a law that prevents the government from diluting its equity in the PSBs below 50 per cent.' 'That law has to be amended and given the parliamentary arithmetic of the political parties, it is not as simple to do that.'
Apart from the Google team led by AI scientist Manish Gupta, the company will also partner with the research community across the country to focus on tackling challenges in fields like healthcare, agriculture, and education.
'India missed the software products revolution (and now is in danger of missing the platform revolution), complacent that we are the software experts of the world based on IT services prowess,' points out Rajeev Srinivasan.
Reserve Bank of India Governor Shaktikanta Das on Friday said the central bank will ensure adequate liquidity in the system to ease the financial stress caused by the Covid-19 pandemic. The central bank reduced the reverse repo rate -- the rate at which banks park their fund with the central bank -- by 25 basis points to 3.75 per cent.
The differences between the rich and developing nations have always been at the core of the World Trade Organisation, set up in 1995 to facilitate greater trade flows across the world, and it came as a major breakthrough when the US and India reached a deal over food security issues in 2014.
Economy to grow by 7.2-7.5 per cent in second half of current fiscal, says FM.
Onions and tomatoes are essential cooking ingredients and both have witnessed rise in prices.
'If we play our cards right, we may even benefit from the competition between the US and China as seen from increased investment from each of these countries into India.' 'The size of our market gives us an important lever of power which we shall have to play adroitly and intelligently,' points out Ambassador Gautam Bambawale -- who served as India's envoy to China -- in the Professor V M Dandekar Memorial Lecture 2019, delivered on March 8, 2019 in Pune.
India is currently under the 21-day lockdown since March 25, with only essential services exempted to contain the fast-spreading virus.
The Chinese smartphone maker's focus on offline retail has helped it overtake Samsung in top 50 cities in India.
'In many parts of the country, the empty nest-and-empty-nest egg story is a painful boom-to-bust saga.' 'Among the old and young, it is hitting pockets hard, in a linked chain of debt-laden banks, corrupt politicians and builder mafias and disastrous government policies,' says Sunil Sethi.
The Economic Survey was tabled in the Parliament on Friday.
New filers reported an average income, in many cases, close to the income tax threshold of Rs 250,000, limiting the early revenue impact.
At $2.6 trillion, the Indian economy is currently ranked sixth in the world behind the US, China, Japan, Germany and the UK.
Dismissing the contention that the decline in inflation was on account of the steps taken by the NDA government, Chidambaram said he wanted to know, 'what measures were taken by the government that contributed to decline in inflation rates.'
Chinese economy slowed down to 6.9 per cent last year.
Dairy, sugar prices fall sharply, despite El Nio fears
The forecast of deficient monsoon rainfalls scared farmers.
IFFCO beat competition from among the 523 cooperatives from 30 counties that were surveyed for the agriculture and food industries sector.
A public interest litigation was filed on Saturday in the Supreme Court seeking quashing of controversial Food Security Ordinance on the ground that the constitutional provision has been misused for pre-election propaganda and political gains.
'The Budget has maintained fiscal prudence while announcing a number of steps to boost growth, particularly in infrastructure and rural sectors.'
Chouhan met some farmer leaders on Saturday, but failed to reach a compromise.
'India's first and longest-serving prime minister created -- or at the very least imagined -- a modern, democratic nation-State of the 20th century,' says Sunil Sethi.
The prime minister said India will continue to support Nepal according to that country's priorities, adding both sides have agreed to expedite all connectivity projects.
Traders estimate lower vegetable output this year.
India had proposed amending the formula to calculate the food subsidy cap of 10 per cent.
'Till the time the Modi government is ruling, they will write off loans of corporates and give opportunities to rogue businessmen to run away, so we will have to come again and again on the roads to demand our just rights.'
'The stimulus message was tagged on to what was meant to be an exhortation to self-reliance, glossing over the near impossibility of merging the immediate requirement of relief for a huge population and a questionable strategy for the future trajectory of a large economy aspiring to superstardom,' points out Shreekant Sambrani.
Haryana Chief Minister Manohar Lal Khattar said protesting against the government 'will not serve any purpose'.
For existing technologies, unless appropriate financing is available, deployment at scale is difficult.
'It is this new brand of nationalism, where the saffron has elbowed out the other shades in our Tiranga, that will go before the electorate later this year.' 'And it is this new nationalism that will power Modi back into office with 300-plus seats when elections are held,' says Saisuresh Sivaswamy.
The two countries also asked all nations to stop cross-border movement of terrorists and asserted that a decisive collective response from the international community without 'double standards and selectivity' was required to combat the threat of terrorism.
In a marathon address to the nation from the ramparts of the Red Fort, Prime Minister Narendra Modi on Saturday underlined India's unity and diversity and the progress of his 15-month-old government's policies.
Sensex ended up 190 points at 25,519 and Nifty climbed 57 points to end at 7,626.
The farming community expects much more substance from the government, Ajay Vir Jakhar.
This will be an area where bilateral or regional trade pacts may not be able to perform well.
SBI had a tough journey in the last 40 years.
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India eats 1.2 million tonnes of onions a month and the current stock will last till the end of August.
'The majority of the spread is by people coughing, or sneezing or talking loudly, in a very short distance, two metres from one another, and a mask will prevent that sort of transmission.'
Jaitley said a 10 per cent tax long on capital gains exceeding Rs 1 lakh made from the sale of shares has been introduced but those made till Janaury 31 would be grandfathered. A 10 per cent tax on distributed income by equity oriented mutual funds has also been proposed in the budget.
