Lenders and shareholders of Reliance Industries Ltd (RIL) will meet on May 2 to demerge the firm's financial services business. This is expected to create a big player in segments including the NBFC (non-banking financial company) space with net worth of Rs 25,851 crore as of March 2022. According to the plan, RIL shareholders will get a share in the demerged entity for each one held in the company.
Seeking to address international concerns, foreign ministry spokesman Zhao Lijian said China has been adjusting the zero-COVID policy based on the changing circumstances.
Ramesh stressed that the prime minister should participate in the debate on Manipur.
Economists praise Das for his pragmatism and willingness to face challenges head on. And in doing so with the finesse of an able administrator.
Two of Xi Jinping's chosen officials have disappeared from view, an indication of turmoil in Xi's government, months after he installed a collection of loyalist leaders in his cabinet, observes Dr Rajaram Panda.
He told PTI in an interview that parties that are still thinking of 'being the leader' of a possible united front against the Bharatiya Janata Party in the 2024 Lok Sabha polls have not understood the gravity of the situation at all.
In his first tweet after election results started coming in US President Trump claimed success. "Tremendous success tonight. Thank you to all!".
Under the policy, the US recognises and has formal ties with China rather than the island of Taiwan, which China sees as a breakaway province to be reunified with the mainland one day.
Xi is widely expected to continue in power for life.
The Tamil Nadu assembly on Monday adopted a resolution to urge the Centre and the President to fix a timeframe for state governors to approve bills adopted by the respective houses.
A fight broke out in the MCD House as Bharatiya Janata Party and Aam Aadmi Party members kicked, punched and pushed one another amid shouting after mayor Shelly Oberoi declared one vote invalid in the election to a key six-member municipal committee on Friday.
Susan Rice, the tough-talking United States Ambassador to the UN, was named as President Barack Obama's new National Security Advisor, in a significant shakeup to the White House foreign policy team.
Bootstrapping has put Nithin Kamath of Zerodha in a position where he can trifle with talk about valuation, points out Suveen Sinha.
Some 404 houses were handed over to the Indian-origin people, mostly Tamils.
At the World Bank Banga will be replacing David Malpass, a former Trump treasury official, reports axios.com. Malpass had already announced that he will resign by July, months ahead of his term expired. "Ajay is uniquely equipped to lead the World Bank at this critical moment in history," President Biden said in a statement. Banga, 63, currently serves as vice chairman at General Atlantic.
From the seas to the stars, this partnership will now be deepened by the defining role of technology, the statement said.
Its 'failure not just affects the military's effectiveness but could also be politically vulnerable for the BJP,' observes Ajai Shukla.
'You had earlier sent a Prime Minister from Assam (referring to Manmohan Singh) whom people do not even remember now'
A number of Indian diaspora organisations in the UK have issued letters objecting to the creation of a new cross-party parliamentary group for British Gujaratis, warning that the move could be "divisive".
The Reserve Bank's rate-setting panel, Monetary Policy Committee (MPC), began its three-day deliberations on Wednesday amid expectations of a status quo on benchmark rate mainly on account of uncertainty over the impact of the second wave of COVID-19 pandemic. Moreover, the fears of firming inflation may also refrain the MPC from tinkering with the interest rate in its bi-monthly monetary policy outcome to be announced on Friday. The RBI had kept key interest rates unchanged at the last MPC meeting held in April.
Many people believe that India's first prime minister Jawaharlal Nehru made a blunder when he recognised China's sovereignty over Tibet but he did what he thought was best for his country, said the president of the Tibetan government in exile.
CREDAI Chairman Lalit Jain said a long term status quo on interest rates would not help prospective home buyers.
There are no major legal complications in implementing the bill right now but the Narendra Modi government putting it off for 10 years, he said.
It was one of the key promises made by the Congress ahead of the 2018 assembly polls, following which the party returned to power in the state after a gap of 15 years.
A study conducted by CBRS reveals there are abundant homes lying vacant in urban India.
According to sources, several opposition leaders are also considering boycotting the inaugural function on Sunday, alleging that the government has insulted the President.
'Replacement of the CM with a more acceptable face may be a good start towards resolving Manipur's problem.'
The external affairs ministry's files, as distinct from those of the ministry of defence or the agencies, at least from before 1974 should be declassified. And if select files that are more than 40 years old are not to be declassified, the ministry should follow explicit guidelines to justify taking such a view, says Jaimini Bhagwat.
'India will want a lot of help from the US, but it's not going to want US troops.'
West Bengal Chief Minister Mamata Banerjee on Tuesday assured her counterpart from Delhi Arvind Kejriwal, that her party would support him in his fight against the central ordinance to control appointments and transfer of bureaucrats.
Lok Sabha Speaker Om Birla on Wednesday said a "new tradition" of levelling allegations and counter-allegations being observed in Parliament and state Assemblies these days is not proper for the country's constitutional democracy, and stressed the need for constructive debate and discussion in Houses to make democracy "lively and active".
The bickering between allies All India Anna Dravida Munnetra Kazhagam and Bharatiya Janata Party in Tamil Nadu over late Dravidian stalwart C N Annadurai peaked on Monday with the regional party snapping ties with the saffron organisation, saying it cannot tolerate any affront to the late chief minister and its other leaders.
'It is commendable that India is able to persuade all sides.' 'It shows that India counts and finally, we are reaching a position where we can find a place in the sun at the global level.'
Rather, cold reactions are expected considering the contentious issues the US is bound to raise -- Taiwan, human rights, and North Korea.
'The Modi visit will prove to be the watershed where India and the United States commenced technology trade and transfer.'
Amid slogan shouting by MPs from the Trinamool Congress, the Congress and other opposition parties from the Well of the House, Modi began replying to the debate on the motion thanking the President for her address to the joint sitting of Lok Sabha and Rajya Sabha at the start of the Budget Session, and accused the Congress of adopting only 'tokenism' to solving problems the country faced.
Taiwan on Sunday expressed gratitude to India and several other countries for their calls for exercising restrain and avoiding unilateral actions to change the status quo in the Taiwan Strait in the face of China's belligerent military posturing following United States House Speaker Nancy Pelosi's visit to the island.
By comparing I.N.D.IA. with banned terror outfits, Modi has exhibited the kind of nervousness never ever associated with him even at the height of the Gujarat riots, and certainly since his prime ministerial days, observes N Sathiya Moorthy.
The second cyber attack on AIIMS took place just last fortnight, but the hospital's cyber security systems were able to successfully thwart this attempt.
Glimpses from the first State dinner at the White House in the Biden administration.
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