Suppose you had bought a television set that came with a one-year warranty. It breaks down two years after purchase. You can't react emotionally and say that such an expensive set should last for at least five-six years.
A US special envoy met senior Taliban representatives in Tashkent, Uzbekistan, and discussed the issue of Afghan central bank reserves.
Leader of Opposition in Kerala Assembly Ramesh Chennithala demanded a judicial probe into the circumstances that led to opening of shutters of 40-odd dams at a time in the state.
The agreement has ended a wartime standoff that had threatened food security in several countries and cleared the way for exporting tons of Ukrainian grains.
'We are facing a crackdown for more than a year. Our permission to collect funds was cancelled. Our bank accounts were frozen.' 'We believe that our work in India is very important. We want to be the environment watchdog. We do not want to waste time fighting legal battles.'
About 17 lakh investors, mostly in West Bengal, who have lost crores of rupees in the Saradha chit fund scam are fast losing hope. The scandal continues to roil West Bengal political circles with several ruling Trinamool Congress leaders being implicated and some arrested. Even West Bengal Chief Minister Mamata Banerjee's name has been dragged into the sordid mess. Indrani Roy presents a FAQ on what the scam is about and the main players behind it.
Rationalisation in the rates offered by small savings schemes is a must.
A committee suggested that CSR expenditure be made tax deductible, in order to incentivise spending by companies. It also said that CSR should not be used as a means of resource-gap funding for government schemes.
Finance Minister Nirmala Sitharaman on Wednesday raised the personal income tax rebate limit, doled out sops on small savings and announced one of the biggest hikes in capital spending in the past decade as she did a tight rope walk in the Budget between staying fiscally prudent and meeting public expectations in the year before general elections.
Whilst substantive public allocations have been made in the infrastructure sector, this strategy is plateauing due to the fiscal deficit constraint, capacity limitation of statal implementing agencies, the declining ability of PSUs, and the precarious situation of the Railways' operating ratio. It is, thus, high time to get the policy compass to point at rejuvenating private sector investments in infrastructure, says Vinayak Chatterjee.
Heavy rains triggered by a deep depression in the weather system claimed as many 38 lives in Gujarat on Wednesday.
On his maiden visit to Beijing, Pakistan Prime Minister Shehbaz Sharif held talks with Chinese President Xi Jinping during which the two leaders agreed to strengthen the all-weather friendship and the USD 60 billion China-Pakistan Economic Corridor (CPEC).
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.
One man was killed and two others injured in Thrissur district on Tuesday after an uprooted tree fell on them in heavy rains and strong winds.
Basil had negotiated the Indian economic relief package to help Sri Lanka tackle the current foreign exchange crisis.
An International Monetary Fund study published on Tuesday showed that Greece needs far more debt relief than European governments have been willing to contemplate so far, as fractious parties in Athens prepared to vote on a sweeping austerity package demanded by their lenders.
The BJP also announced a Rs 5 meal scheme for all, named after religious guru Anukul Chandra, and setting up of a Regional Institute of Medical Sciences hospital in Agartala.
Let's wait for the monetary policy on February 8 -- to see how it complements the fiscal commitments, points out Tamal Bandyopadhyay.
West Bengal Chief Minister Mamata Banerjee on Thursday said there is no alternative to the Trinamool Congress, and no other party can take its place in the state.
Modi highlighted the fact that normal rules and procedures have been set aside in view of the emergency nature of requirement in Kerala.
The president said the European Union has "failed to take the same precautions" as his administration had implemented to contain the coronavirus outbreak.
Tamil Nadu government on Wednesday announced a solatium of Rs three lakh each to the next of kin of those gunned down in red sander smuggling in neighbouring Andhra Pradesh.
Stock market investors are expecting a balanced Budget with a focus on job creation, increased spending on infrastructure, reigning in the deficit, and bringing the economy back on track, experts said on Wednesday. Stock markets have been subdued in the run-up to the Union Budget with BSE's benchmark Sensex is almost flat so far this month. Even the corporate earning season failed to excite the markets, while some indices like IT and bankex have seen some positive movements.
The Odisha government on Wednesday provided a financial assistance of Rs 5 lakh to widow of Mahatma Gandhi's killer Nathuram Godse's captor.
Given the fiercely competitive political environment, observers naturally associated an element of appeasement with the Shinde government's move, Shyam G Menon points out.
The government will amend the six-and-a-half-decade old Essential Commodities Act to deregulate food items, including cereals, edible oil, oilseeds, pulses, onion and potato, Finance Minister Nirmala Sitharaman said on Friday. The amendment, besides deregulating production and sale of food products, will provide for no stock limit to be imposed on any produce.
The flood situation in Assam remained grim after fresh heavy rainfall in Meghalaya's Garo hills and Goalpara district as the death toll mounted to 40.
Some developers point out that what comes in the way of low-cost housing is the sky-high price of land
Railway officials also indicated that possible 'sabotage' and tampering with the electronic interlocking system, which detects the presence of trains, led to the Friday accident.
At least five states were hit by unseasonably powerful storms and tornadoes on Friday night, including Arkansas, Illinois, Kentucky, Missouri and Tennessee.
While Air India employees are contributing a day's salary to the Prime Minister's Relief Fund, its pilots have offered to forego their allowances to operate to Dehradun.
The Union health minister said of the total active COVID-19 cases in the country, 1.5 per cent are on oxygen support and 2.34 per cent are in ICUs.
Nine members of a family were among the deceased in the first incident which took place around 11.15 pm on Wednesday, when Mumbai experienced heavy rains throughout the day, at the New Collector Compound on Abdul Hamid Road in the Malwani area of suburban Malad, the officials said.
Syed Ahmad Shakeel and Shahid Yousuf, who are sons of Hizbul Mujahideen chief and one of the most wanted terrorists, Salahuddin, were also dismissed from service for allegedly being involved in terror funding, the officials said.
The CM announced an ex gratia relief of Rs four lakh for the deceased and Rs one lakh each to the injured and assured that the state government will bear all medical expenses.
'There were literally thousands of houses with cracks.' '40 percent of the town has been affected.'
Enduring harrowing days after her right hand was chopped off allegedly by her employer in Saudi Arabia, Kasturi Munirathinam arrived in Chennai on Saturday.
Maharashtra Chief Minister Uddhav Thackeray met Prime Minister Narendra Modi on Tuesday and discussed issues related to the Maratha reservation, pending GST compensation and the proposed Metro car shed in Kanjur.
Finance Minister Nirmala Sitharaman on Tuesday met IMF managing director Kristalina Georgieva and discussed a range of issues, including impact of geopolitical situation on global growth.
The funds will be released to West Bengal, Odisha, Karnataka, Madhya Pradesh, Maharashtra and Sikkim as assistance for the damage caused by cyclone, floods and landslides during the year.
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