If they can sit together and hammer out 'Black Sea Initiative' deal for much needed food shipments, surely, they should be able to address the madness of the larger military conflict?
After a hiatus of nearly two decades, the government's programme to privatise state-owned firms restarted with the handing over of debt-laden national carrier Air India to the Tata Group. With the new owner shelling out Rs 18,000 crore for the buyout of the 'Maharaja', this would be the highest-ever amount garnered through privatisation, and is even more than the cumulative sum mopped up through strategic sales from 1999-00 to 2003-04. The government had in October last year inked the share purchase agreement with the Tata Group for sale of national carrier Air India for Rs 18,000 crore. Tatas would pay Rs 2,700 crore cash and take over Rs 15,300 crore of the airline's debt.
Changing tracks helps. But, not taking the beaten path isn't always helpful. This is the story of two of India's biggest privatisations - Air India and Bharat Petroleum (BPCL). Nearly two decades after the last privatisation, a landmark divestment concluded this year when the loss-making national carrier Air India was sold to the Tatas.
With the new owner shelling out Rs 18,000 crore for the buyout of 'Maharaja' this would be the highest ever amount garnered through privatisation or even the cumulative sum garnered through strategic sale in 1999-00 to 2003-04. The government had garnered roughly over Rs 5,000 crore during that five-year period by privatising 10 CPSEs.
'If not, we can become frighteningly chaotic, more chaotic than what we are today.' 'In today's environment in the country, we still have a window of opportunity.'
Participants are keenly awaiting the rollovers to the next series ahead of the expiry of June F&O.
n the broader market, both the BSE Midcap and Smallcap indices, were up 1.2% and 0.7% each.
Bolton said that the arguments for China joining the World Trade Organisation was that it would become a more market-oriented rules-based society.
There was buzz of Piyush Goyal being elevated to Cabinet rank but only Prakash Javadekar made the cut.
The billions India invested in dams, schools, etc in Afghanistan will be gone. The Hindu and Sikh population of Afghanistan has already shrunk from some 200,000 to about 500, points out Rajeev Srinivasan.
Ten central trade unions except Bharatiya Mazdoor Sangh are observing one-day general strike on Thursday to protest against various government policies.
Deputy director for the People's Liberation Army Office for International Military Cooperation Major General Huang Xueping held a video conference with his US counterpart Michael Chase last week.
A large chunk of the Rs 8.8 lakh crore of investments the Patnaik government had attracted is in uncertain territory.
The American agency said the data from the two instruments Mineralogy Mapper and Miniature Synthetic Aperture Radar (Mini-SAR) will contribute to its understanding of the lunar environment and are part of its implementation of its space exploration policy which calls for robotic and human missions to the moon.
Power Minister Piyush Goyal on the government's manufacturing push and other key issues.
The US House of Representatives and the Senate on Tuesday passed the National Defense Authorization Act (NDAA), which included key components of Indian-American Congressman Raja Krishnamoorthi's resolution language urging the Chinese government to end its military aggression against India along the LAC.
Among the most deprived communities in India live and work under asbestos roofs. The National Institute for Health and Family Welfare estimates exposure to asbestos has resulted in higher incidence of cancer among those living under asbestos roofs, points out Gopal Krishna.
As per commerce and industry ministry data, food inflation fell to 4.91 per cent in March from 7.79 per cent in the previous month.
Xi's visit to Nyingchi, bordering Arunachal Pradesh, signals China's opening of another front to India in the eastern sector, observes Srikanth Kondapalli, the leading China expert.
FIXES BY THE GOVERNMENT: Energy price fixed, tax issues linger.
Prime Minister Narendra Modi on Wednesday said the government has no business to be in business and his administration is committed to privatising all PSUs barring the bare minimum in four strategic sectors. "It is government's duty to support enterprises and businesses. But it is not essential that it should own and run enterprises," he said. Modi also said the Centre's policy is to either monetise or modernise public sector enterprises, with the intent that the government has "no business to be in business".
US Defence Secretary Llyod Austin described China as a pacing challenge for the United States.
The real battle for NEET abolition can take much more time and energy, observes N Sathiya Moorthy.
While the gold policy covers every aspect, from sourcing gold to trading and investing in it, experts assert that the policy is incomplete if mining of gold in India isn't promoted.
As the BCCI works out a compensation package and a formula to distribute it for the COVID-19 hit domestic cricketers, voices demanding central contracts for such players are getting louder with seasoned names like Jaydev Unadkat, Sheldon Jackson and Harpreet Singh Bhatia leading the chorus.
The apex court had observed that the allocation was arbitrary, illegal, and resulted in unfair distribution of national wealth.
The sale of 10 AGM-84L Harpoon Block II air-launched missiles is estimated to cost $92 million (Rs 699 crore), while 16 MK 54 All Up Round Lightweight Torpedoes and three MK 54 Exercise Torpedoes are estimated to cost $63 million (Rs 478.8 crore), the Defence Security Cooperation Agency said on Monday in two separate notifications to the Congress.
Chandrayaan-3's success is a must for India's space ambitions; we can't afford to lose out. And for realising our space dreams, the Indian private sector must be encouraged because if we lose this race, the moon, Mars, and mineral-rich asteroids will already be crowded before we reach there.
Biden said that 100 days since he took the oath of office on January 20 and inherited the worst pandemic in a century and the worst economic crisis in a decade, America is on the move again, turning peril into possibility, crisis into opportunity and setback into strength.
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 Group of Ministers on Telangana is set to discuss the draft bill for the creation of Telangana on Saturday.
He vowed to restore law and order, only days after a fatal police shooting of a black man sparked more street violence.
'Our confidence has been strengthened by the fact that the Supreme Court has decided to examine the Constitutional validity of all that has been done on August 5.' 'That in itself is an achievement because the Supreme Court could have very well said you don't have a case at all.' 'The very fact that the honourable court has decided to admit it for regular hearing, and refer it to a Constitutional bench, tells us that the Supreme Court has found merit in our case.'
The US is not in a forgiving mood for being humiliated in such a manner by an insurgent force and made to look 'loser' internationally, predicts Ambassador M K Bhadrakumar.
More than legal and illegal mining of sand, the issue which stares us in the face is sustainable sand mining, says Gopal Krishna
The USS John Paul Jones acted like a dog marking the lamp post, observes Ambassador M K Bhadrakumar.
Mining companies will now have to cap mining activities in Goa.
The Supreme Court order has created a new legal framework for coal mining by ruling that only the Union government and its entities can do it.
'An internationally established price of crude will encourage more players to invest in India, leading to enhanced domestic production which can be made available to domestic refineries,' recommends Anil Agarwal whose company Vedanta Resources has a controlling stake in Cairn India that operates the country's biggest onland oilfield in Barmer, Rajasthan.
Amid reports that the government plans to reach out to Congress for passage of crucial bills, senior leader Ahmed Patel on Friday said it would be "bizarre" for the Narendra Modi dispensation to expect support from the party after it has diluted UPA's policies and programmes.
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