'COVID-19 and diabetes have a very intricate relationship.' 'People with diabetes tend to get the most severe forms of COVID-19.'
Two successive reports, one by Percy Mistry in 2007 and the other by Raghuram Rajan in 2008 had provided the RBI and the finance ministry with blueprints of what to do next. Both reports, unfortunately, was put on ice. The global meltdown saved the RBI. It also saved the finance ministry from having to work on the two reports.
Private equity (PE) is set to play a bigger role in banks. Of 21 recommendations accepted by the Reserve Bank of India (RBI) out of 31 made by its Internal Working Group (IWG), its stance on non-promoter holdings in private banks is seen with excitement, though it doesn't refer to PEs explicitly. On non-promoter holdings in these banks, the RBI said this will be capped at 10 per cent of the paid-up voting equity share capital in the case "of natural persons and non-financial institutions and entities"; and "at 15 per cent for all categories of financial institutions, entities, supranational institutions, public sector undertaking, or the government." While this is a modification of the IWG's stance for the non-promoter holding in banks at up to 15 per cent, it does open up a huge window for PEs, all the same. This is because, while the RBI has remained silent on the eligibility of industrial houses for bank licences, fresh high-quality capital in large amounts can only come from PEs.
'The second wave was more virulent, more aggressive, more transmissible.'
The verdict could impact a range of life choices of Indians, including food habits and sexual orientation.
The senior Congress leader opined that the situation in Assam can now be divided into two phases -- pre-CAA and post-CAA, and it was necessary to unite all anti-CAA forces in order to protect the ethos of the Assam Accord.
Five years after demonetisation, which sought to curb black money and reduce cash circulation in the economy, 70 per cent of respondents said they paid a large component of the total payment towards a real estate transaction in cash. About 16 per cent said they paid over half the amount in cash, observes Shyamal Majumdar.
'Param Bir's letter alleges that Waze was being used directly by the home minister.' 'I think an enquiry by a high court judge is the need of the hour.'
The military is 'totally prepared to stand up to the demands made by the government and the people.'
'Mucor is an environmental fungus, and it's much more prevalent in hot and humid areas.' 'The amount of fungus in the air is much higher in India than some other parts of the world.'
In part four of a series, Arbind Modi & Arvind Subramanian explain how scrapping the exemptions for the countervailing duty will eliminate the negative protection facing Indian manufacturers
Being part of category-I implies lower compliance burden, simplified know-your-customer norms and documentation requirements, and fewer investment restrictions.
More than 30 vaccine candidates have been supported and they are in different stages of development. Three candidates are in advanced stage of Phase I, II and III trials, and more than four are in advanced pre-clinical development stage, Choubey said.
While Jay Shah has warned the media against violating his fundamental right to privacy, Tushar Mehta -- his lawyer in the defamation case -- had opposed right to privacy in the Supreme Court, says Dr Gopal Krishna.
Many of the stories, the pictures going out of India worldwide lately with these provocative processions, taunting of Muslims, bulldozers targeting mostly their properties, the sweeping 'othering' of a community of 200 million are painting the front pages and TV screens in the democratic world. That is where most of the friends we covet lie. Soon enough, these will also make our vital friends among the Muslim nations, from Bangladesh to Saudi Arabia and the UAE, uneasy. The best time for course correction is now, asserts Shekhar Gupta.
Will Akki, who remade Vijay's Thuppakki in Hindi as Holiday: A Soldier Is Never Off Duty, thwart SRK?
Czech automaker Skoda on Monday forayed into the midsize SUV segment in India with the launch of its new offering Kushaq, priced between Rs 10.5 lakh and Rs 17.6 lakh (ex showroom Delhi).
These PSU banks also account for the lion's share of bad loans or NPAs plaguing the sector and need crores of rupees in new capital in the next two years to meet global Basel III capital norms.
'Trump ready to fight for Thanksgiving just like he fought for Christmas'
LGBT citizens also enjoy the right to privacy, right to equality and above all, right to life, like any other citizen, writes Sharad Sharma.
The modus operandi for immunising the country's 1.35 billion population in stages has been thrashed out in more than one meeting among top government officials in the health ministry and the Prime Minister's Office.
The Reserve Bank has revoked the deposit-taking status of Dewan Housing Finance (DHFL), the first financial services firm to go for bankruptcy proceedings, and has reclassified it as a non-deposit taking housing finance company, before approving the Piramal group's bid to take over it towards the end of the resolution process. The revelation comes in the June 7 NCLT Mumbai order that has approved the Rs 35,250-crore bid for the once second largest mortage lender by Piramal Capital & Housing Finance, forcing over 65 per cent haircut on the creditors and just Re 1 to its NCD holders to whom it owes more than Rs 45,000-crore. On the 14th page of the 86-page NCLT order by HP Chaturvedi and Ravikumar Duraisamy, it says DHFL no longer is a deposit taking NBFC but a non-deposit taking one.
The capital infusion would help improve the financial health of banks. While some banks would get necessary regulatory capital while others would get it for fueling growth.
Thanks to the country's dominant showing for a major part of the tournament, India continued to lead the standings with 15 gold, nine silver and six bronze for a total of 29 podium finishes.
'You will still want to take all the necessary precautions, which is the right thing to do.'
The missile is capable of carrying 500/100 kg of warheads and is powered by liquid propulsion twin engines.
Responding to another question, Choubey said that the phase-I of clinical trials have revealed excellent safety of the two candidate vaccines indigenously developed by Bharat Biotech in collaboration with Indian Council of Medical Research and Cadila Healthcare Ltd, and now their immunogenicity testing is in progress. Their phase II clinical trials are ongoing.
Mandaviya said this is the second phase of the Emergency Response and Health System Preparedness Package as the Central government had given Rs 15,000 crore earlier for setting up Covid-dedicated hospitals and health centres across the country.
Investing merely on the basis of past return can land you in trouble even in debt funds, a supposedly safe asset class, suggests Sarbajeet K Sen.
'The right conferred by Article 32 has been considered as a part of the 'basic structure of the Constitution', and thus cannot be taken away by anybody, not even by amending the Constitution.'
As the April 1, 2010 deadline nears for introducing Bharat Stage-IV emission-compliant vehicles, manufacturers are worried about the availability of the BS-III fuel.
India will switch to the world's cleanest petrol and diesel from April 1 as it leapfrogs straight to Euro-VI emission compliant fuels from Euro-IV grades now -- a feat achieved in just three years and not seen in any of the large economies around the globe. India will join the select league of nations using petrol and diesel containing just 10 parts per million of sulphur as it looks to cut vehicular emissions that are said to be one of the reasons for the choking pollution in major cities.
The missile has a strike range of 2000 km, the sources said soon after it blasted off from a mobile launcher at the Launch Complex-4 of the Integrated Test Range, the sources said.
The Aadhar card will be optional for availing various welfare schemes of the government, the Supreme Court said on Tuesday and ordered that no personal information of the holders of such cards shall be shared by any authority.
A three-judge bench framed various questions, including as to whether right to privacy is a fundamental right, to be decided by the larger Constitution Bench.
In a statement issued on Thursday, the Lakshadweep Research Collective said it along with 60 other signatories from the scientific community have written to President Ram Nath Kovind seeking his intervention to withdraw the "incautious draft" Lakshadweep Development Authority Regulation of 2021.
The Centre also justified the abrogation of Article 35A of the Constitution which "enabled the then State to make laws giving special rights and privileges to permanent residents, while imposing restrictions upon others".
'The Union government has discouraged state and local governments from imposing restrictions on their own.' 'That advice should be withdrawn,' asserts Mihir S Sharma.
IMD expects day temperatures to remain above-normal in select regions across the country between March and May 2021.
The jump can be attributed to increased assistance through soft loan.
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