'In May 2020-2021, nearly 10 crores (100 million) lost jobs. 'Covid is not the reason for the present crisis. It aggravated the crisis.'
The situation in the state was 'extremely grave', said Vijayan, who spoke to Prime Minister, Narendra Modi and Home minister, Rajnath Singh, this morning seeking more central assistance for relief operations.
Investors are pushing back more often against companies' resolutions on what is paid out to top executives. In the first four months of financial year 2022-23 (FY23), there have already been five such rejections, according to shareholder voting data from tracker Adrian, a platform maintained by the proxy advisory firm Institutional Investor Advisory Services India (IiAS). Two of these have been at multiplex chain PVR and direct-to-home company Dish TV India.
CPI-M veteran Pinarayi Vijayan was elected its Parliamentary party leader, paving the way for his successive stint as chief minister of Kerala.
The National Company Law Tribunal (NCLT) on Wednesday admitted Go First's voluntary plea to initiate the insolvency resolution process against the airline. A two-member bench comprising President Justice Ramalingam Sudhakar and L N Gupta also appointed Abhliash Lal as interim resolution professional (IRP) to run the debt-ridden company. It has also put the company under protection of moratorium and directed the suspended board of directors to assist the IRP to run the company during insolvency proceedings.
Many families in the affected area are finding it hard to sever their emotional ties with their homes and move out.
Sarma's eyes, according to those close to him, were always set on the top job in Assam. However, the leader who owed his early rise to two former chief ministers from the Congress had to toil for many years with dogged determination to achieve his goal.
"Under the CO-JEET" plan, personnel of the three wings of the armed forces -- the Army, the Indian Air Force and the Navy -- have been pressed into service to help restore oxygen supply chains, set up COVID beds and provide help to the civilian administration in its fight to control the pandemic," said the Lt General, whose post of deputy chief integrated defence staff (medical) comes under the Chief of Defence Staff.
The number of subsidence-affected homes rose to 678 while 27 more families were evacuated to safety, a bulletin from the Disaster Management Authority in Chamoli said, adding so far 82 families have been shifted to safe locations in the town.
Gale-force winds, heavy rainfall and high tidal waves swept the coastal belt of Kerala, Karnataka and Goa as Cyclone Tauktae hurtled northwards towards Gujarat on Sunday, leaving four people dead in Karnataka and two in Goa, damaging hundreds of houses, uprooting electricity poles and trees and forcing evacuation.
It is time the government cast its net wide for seeking expert advice on managing the Indian economy and formed a group to help it navigate the difficult days ahead, advises A K Bhattacharya.
Gehlot also alleged that some other Union ministers, including Dharmendra Pradhan, are involved in the "conspiracy" against his government.
Several Delhi hospitals treating Covid-19 patients faced a major medical oxygen crisis with their depleting stock for the second consecutive day, prompting the Centre to increase the city's quota to 480 metric tonnes against the AAP dispensation's demand of 700 MT.
Many in the US establishment must hope that the crisis would put the brakes on China's growing military might. Well, it ain't gonna happen, says T T Ram Mohan, who was appointed a member of the prime minister's economic advisory council on Wednesday, October 28, 2021.
The Seismological department said that the quake measured 6.8 on the Richter scale and lasted for about two minutes.
Nivedita Mookerji goes in search of the elusive war room to track and respond to the coronavirus threat.
Stepping up its efforts to evacuate Indian students stranded in war-hit Ukraine, the Centre on Monday decided that Union ministers Hardeep Puri, Jyotiraditya Scindia, Kiren Rijiju and V K Singh will travel to its neighbouring countries to coordinate the evacuation mission and help students, government sources said.
India is likely to become a $40 trillion economy by 2047 -- a 13-fold jump from its current size -- driven primarily by a clean energy revolution and digitalisation, billionaire Mukesh Ambani said on Tuesday. Ambani's estimate for the Indian economy, currently the fifth largest in the world behind only the US, China, Japan and Germany, is more optimistic than Asia's richest man Gautam Adani, who last week stated that India will become a $30 trillion economy by 2050 on back of rising consumption and socio-economic reforms. "From a 3 trillion-dollar economy, India will grow to become a 40 trillion-dollar economy by 2047, ranking among the top three economies of the world," Ambani said at the 10th convocation of Pandit Deendayal Energy University in Gandhinagar.
Chief Minister Vijay Rupani said people living in the coastal belt would be shifted to safer places.
'The Congress can exist without (someone from) the Nehru-Gandhi family being its president.'
For all its claims to economic glory, the majority of India's population lives vulnerable lives, a situation that has only worsened over the past 15 years, to the extent that the government now fears to release economic data or even conduct a proper Census, notes Rathin Roy.
Despite various political leaders, including Haryana Chief Minister Manohar Lal Khattar appealing protesting Jats to maintain calm and peace, the incidents of violence and arson continued during the night in various parts of the state, crippling the normal life in worst affected places like Rohtak, Jind, Bhiwani, Jhajjar, Sonipat, Hisar.
"The situation has become irretrievable", Azad, 73, said in his parting shot to Sonia Gandhi, whose trusted confidante he remained right from the time of Sitaram Kesri's unceremonious exit as the party's chief in 2000.
The prime minister held a meeting with chief ministers via video-conferencing, and said it was imperative to work on war footing, identify hotspots, encircle them and ensure that coronavirus does not spread out.
Since becoming the president of the UAE, Sheikh Khalifa has presided over a major restructuring of both the Federal Government and the government of Abu Dhabi.
Modi said India has taken an important step forward in protecting its youth population against the disease.
'We are not able to manufacture even low-end products as cheaply as China.' 'We are not buying Chinese goods today out of any love for China.'
Indeed, there were frauds, and the politician-banker-industrialist nexus played a role in the rise of NPAs, but governance issues in Indian banking are far more nuanced and complex, reveals Tamal Bandyopadhyay.
'The Reserve Bank's independence has remained a work in progress, an enduring challenge that the nation has been grappling with on an ongoing basis,' says RBI Deputy Governor Dr Viral Acharya.
RBI has cited at least 10 areas where it has no control over PSBs.
Mother and son refuse to go away despite indications blowing in the wind that their leadership is ringing the death knell of the party, observes Ramesh Menon.
'If a major earthquake of the kind that hit Nepal hits us in Delhi, 35 per cent of our homes would be destroyed.'
A lot depends on how Srei shapes up under the new administrator and his team, which is critical for investors' interest.
Earlier in the day, Russia was banned from defending its Davis Cup and Billie Jean King Cup titles but its players will still be allowed to compete at the Grand Slams and in regular tour events.
The IMD also issued a red alert in the same 10 districts for August 3 also.
Amid questions over his future, many political observers believe he has enhanced his political stature.
Yellen, 74, was confirmed by the Senate in a broad bipartisan support of 84-15 votes on Monday. Both the Democratic and the Republican parties have 50 members in the 100-seat Senate.
Rainbow-themed badge adorns US training facility
The International Olympic Committee is considering various scenarios for the Tokyo Games amid the coronavirus pandemic but cancellation is not one of them, IOC President Thomas Bach said
From the enactment of the capital control Act to the recognition of the BSE as a stock exchange and the infamous Harshad Mehta scam, here are the 18 biggest events for stock markets from 1947 to 1993.
