The government on Thursday permitted 100 per cent foreign investment under the automatic route in oil and gas PSUs which have received in-principle approval for strategic divestment. The move would facilitate privatisation of India's second biggest oil refiner Bharat Petroleum Corp Ltd (BPCL). The government is privatising BPCL and selling its entire 52.98 per cent stake in the company.
Participants are keenly waiting for the January IIP.
He has also convened the first meeting of the extended CWC on July 22 to chalk out the party's future strategy.
'The Indian state is very benevolent when it comes to corporates,' says Tom Thomas, chief executive officer of Praxis, and convenor of CRW India.
The agreement provides for extensive cooperation in the civil nuclear energy sector including in research and development for peaceful uses of nuclear energy, they said.
Congress general secretary and chief spokesperson Randeep Surjewala accused the BJP of pushing India into a dark age of religious polarisation to "subserve its parochial political agenda in the short term".
The Confederation of All India Traders has approached Union Home Minister Amit Shah, Union Health Minister Harsh Vardhan, Delhi Lieutenant Governor Anil Baijal, and Chief Minister Arvind Kejriwal, and urged them to shut markets in Delhi.
The staff of public sector banks had gone on a nationwide strike for two days beginning February 10 after discussions with the IBA failed.
As per the EPFO income projections, retaining 8.8 per cent rate of interest for the current fiscal would have left a deficit of Rs 383 crore. Hence, it was lowered to 8.65 per cent
The Great Showman's five children remember him on his 93rd birth anniversary.
Political power has now been outsourced fully to the Modi government. Even if the RSS is still, in principle, his guru, nobody would dare to whisper a word of advice to Modi, forget some whiff of criticism. When the shishya grows into such a popular and domineering leader, the guru has to applaud from the sidelines, points out Shekhar Gupta.
Two powerful US Senators have urged President Joe Biden not to impose provisions of the punitive Countering America's Adversaries Through Sanctions Act against India for buying the S-400 surface-to-air missile system from Russia.
Why are the poor turning Right instead of turning toward far-Left parties, ponders Pranab Bardhan.
According to the industry body, the 16-member RCEP has the potential to become one of the largest and economically dynamic trading blocs of the world, even bigger than the European Union.
The amount constitutes 45 per cent of the railways' total wage bill.
Nirmala Sitharaman's messaging was clear when she presented a well-balanced Budget with an eye on state elections in nine states followed by a general election next year, observes Ramesh Menon.
We have our own problems for sure and they are not trivial, but for now, our economy is in not too bad a shape, our politics is as personality-driven and authoritarian as that of most countries in the world. We must make the best of what we have and not be excessively unhappy looking at the grass on the other side of the septic tank which may not be greener after all!, observes Shreekant Sambrani.
As the nation woke up to images of Prime Minister Narendra Modi splashed across the front page of newspapers by Reliance Industries to announce the launch of its 4G services, Shiv Sena's Member of Parliament from South Mumbai, Arvind Sawant, was not impressed.
Experts attribute the lower target to increased allocation under the credit guarantee scheme for small businesses. Out of the Rs 3.21 trillion worth loans sanctioned under the Pradhan Mantri Mudra Yojana (PMMY) in the last financial year, Rs 3.12 trillion were disbursed to entrepreneurs, according to official data.
The eighth strike this year by the pilots over retirement benefits forced Germany's largest airline to cancel more than 1,500 flights on Monday.
'Now, it feels like the darkness has descended again.'
'By holding forth on Swadeshi economics, Bhagwat is showing his intent to fight back,' says Shekhar Gupta.
The move could affect thousands of people, including Australian cricketers currently playing in the Indian Premier League in India
"This august forum witnessed a new low on its 75th anniversary. The leader of Pakistan today called for those who incite hate and violence to be outlawed. But as he went on, we were left wondering, was he referring to himself?" First Secretary in the Permanent Mission of India to the UN Mijito Vinito said, making India's Right of Reply.
'While all organisations welcome the suggestions of the Supreme Court to stay the implementation of the farm laws, they are collectively and individually not willing to participate in any proceedings before a committee that may be appointed by it,' a statement issued by the Samyukt Kisan Morcha said.
"A Maputo morning, an African dawn! PM @narendramodi arrives in Mozambique for the first leg of his visit," Ministry of External Affairs spokesperson Vikas Swarup tweeted on Modi's arrival in Mozambique's capital Maputo.
Of the three major Budget announcements related to the banking sector, privatisation of PSBs is the most audacious, says Tamal Bandyopadhyay.
The protests against farm laws saw a fair share of controversies as well with climate activist Greta Thunberg and pop sensation Rihanna making their way to India's prime time debates and terms such as 'toolkit' and 'andolanjeevi' entering the Indian political lexicon.
Ties between India and Pakistan nosedived after a terror attack on the Pathankot Air Force base in 2016 by terror groups based in the neighbouring country. Subsequent attacks, including one on Indian Army camp in Uri, further deteriorated the relationship.
Bharat Krishak Samaj demanded that the Pradhan Mantri Fasal Bima Yojana should be replaced with a new crop insurance and compensation scheme.
Almost all recent labour strikes were declared illegal by the labour department of Gujarat.
Under a new British-Irish visa scheme announced by Ireland's minister for justice Frances Fitzgerald, tourists and business visitors from India and China will be allowed to travel freely in the 'common travel area' of Britain and Ireland with either an Irish or a British visa.
'The escalation of tension along the border of Ukraine with the Russian Federation is a matter of deep concern'
The death toll climbed to 4,73,537 with 211 fresh fatalities.
Union Minister of Commerce and Textiles Piyush Goyal has stirred up a hornet's nest by taking on India Inc, specifically the Tata group, which is among the companies that lobbied against the Modi government's pro-consumer draft e-commerce policies. While Goyal's comments, made at a Confederation of Indian Industry (CII) event, were streamed live on YouTube, the industry lobbying body later edited the video and subsequently withdrew the entire speech. Goyal had said the Tata group and other Indian companies often lobbied for their interest, while ignoring national interest.
After witnessing cloudy skies this year, the country's renewable energy sector is expected to boom with a likely investment of over $15 billion in 2022 as the government focuses on electric vehicles, green hydrogen, manufacturing of solar equipment as well as achieving the ambitious 175 GW renewable capacity target. India, which has an installed renewable energy generation capacity of a little over 150 GW, aims to reach 175 GW in 2022. Out of the total mix, 100 GW would be from solar, 60 GW from wind, 10 GW from bio-power and 5 GW from small hydro power projects.
The people will view it from their viewpoint, their immediate interest, historical experiences, their insecurities, he said.
Senior freedom fighter, social worker and former Union Minister Dr Mohan Dharia passed away on Monday morning. He was 88. Dharia was a close associate of former Prime Minister Chandrashekhar and was among the Young Turks of the Congress during the late 60s.
'If you behave like a nail, the adversary will behave like a hammer.'
Pakistan Prime Minister Imran Khan on Wednesday said India will be benefitted economically by having peace with his country as it will enable New Delhi to directly access the resource-rich Central Asia region through Pakistani territory.
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