After winding up all the 19 consultative groups set up for Mid-Term Appraisal of the Tenth Plan, the Planning Commission is carrying out consultations with outside experts as well as chief ministers for their inputs on the issue.
Shehbaz Sharif, the younger brother of former premier Nawaz Sharif, is expected to become Pakistan's new prime minister as the coalition of leading political parties led by them is set to comfortably cross the simple majority mark to form the next government after elections produced a split mandate.
There were reports that some Commission officials were against the Rajan panel's suggestion to replace Gadgil- Mukherjee formula with Rajan Committee's Multi Dimensial Index for allocation funds to states.
Adani Ports and Special Economic Zone Ltd (APSEZ) on Wednesday said it has decided to exit its investment in Myanmar by June next year. APSEZ, the largest port developer in India, is part of the globally diversified Adani Group. "The Board has decided to actively work on a plan on exiting Company's investment in Myanmar including divestment opportunities (expected to be concluded by March - June 2022)," APSEZ said in notes to its second quarter results.
'If the central government does not give rights to the people of Ladakh, then it won't be good for our country.'
NMDC reported a strong standalone revenue at Rs 5,410 crore, rising 45 per cent year-on-year (Y-o-Y) and 35 per cent quarter-on-quarter (Q-o-q) in line with consensus. Iron ore sales at about 11.4 million tonnes (MT) grew 18.9 per cent Y-o-Y (19 per cent Q-o-Q). Realisation stood at Rs 4,679 per tonne, higher by 22 per cent Y-o-Y (12.9 per cent Q-o-Q).
The Planning Commission pegs decline at 7.8 percentage points between 2009-10 and 2011-12.
In a move that will benefit a significantly large number of Indian technology professionals, the US is set to begin a pilot programme for domestic renewal of certain categories of H-1B visas in December. The H-1B visa is a non-immigrant visa that allows US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise. Technology companies depend on it to hire tens of thousands of employees each year from countries like India and China.
Nationalist Congress Party supremo Sharad Pawar convened the meeting of leaders of opposition parties in the Rajya Sabha, which was attended by Congress leader Digvijaya Singh, independent Rajya Sabha member Kapil Sibal, Samajwadi Party leader Ramgopal Yadav, Shiv Sena (Thackeray faction) member Anil Desai and Bharat Rashtra Samithi member K Keshav Rao among others.
'This might prove to be a temporary gain for the BJP, but at a huge cost to the people of Gujarat and democracy in India.'
Creating a positive reform that does away with an official who constitutes a flawed aspect of Indian democracy will allow the BJP to rightfully claim this as one of its positive legacies, suggests Karan P Shah.
Paramount Global has agreed to sell its 13 per cent stake in its Indian TV business to Reliance Industries for Rs 4,286 crore, the Indian firm said on Thursday. In a stock exchange filing, Reliance said it has signed a binding agreement with two subsidiaries of Paramount Global to acquire 13.01 per cent equity stake of Viacom 18 Media Private Limited held by Paramount Global. Similarly, in a filing on the US Securities and Exchange Commission (SEC), Paramount Global said the closing of the transaction is subject to the satisfaction of certain customary conditions, including receipt of applicable regulatory approvals, as well as the completion of a previously announced joint venture involving Reliance, Viacom18 and Star Disney.
The former Congress president alleged that PM Modi had a "monopoly over corruption".
So, he approached Rajiv Gandhi and the then president Venkataraman and was advised by both to accept it only if no other job was available.
Favours stricter impact mitigation rules, monitoring.
Neither the BJP, nor the Congress before it, made any manifesto commitments on defence spending, even though allocations have plummeted from 4 per cent of gross domestic product (GDP) in the late 1980s to less than 2 per cent today, points out Ajai Shukla.
Inter-ministerial group to meet on Thursday to finalise model concession pact.
Shareholders have given approval to the appointment of Ambani scions Akash, Isha and Anant on board of Reliance Industries, the company said in a stock exchange filing.
One consequence of this shift will be that other sectors will see a reduction in the amount of resources allocated over the 11th Plan period. On the whole, the non-priority sectors, which accounted for 44.8 per cent of the total allocation during the 10th Plan period (2002-07), will now only get 25.3 per cent.
The Planning Commission has recommended that the private company in 50:50 joint sector infrastructure projects should be selected through competitive bidding.
A bench of justices Abhay S Oka and Prashant Kumar Mishra, which heard the matter in a special hearing, urged the Chief Justice of India to assign the matter to a larger bench.
Setalvad was taken into custody on June 25 last year along with former Gujarat Director General of Police R B Sreekumar and ex-IPS officer Sanjiv Bhatt in an offence registered by Ahmedabad crime branch police for allegedly fabricating evidence to frame "innocent people" in the post-Godhra riots cases.
The food security Bill is likely to adopt a three-pronged strategy to ensure food for all, particularly for the most vulnerable sections of the society. The National Advisory Council (NAC) in its initial discussions on the Bill had talked about a universalised scheme.
The Planning Commission on Monday said employment generation has almost doubled and initial trends indicated that the Tenth Plan target of 50 million jobs could be met if the eight per cent growth rate is achieved.
Bangladesh Prime Minister Sheikh Hasina on Sunday secured a record fourth straight term as her Awami League party won two-thirds of the seats in the general elections marred by sporadic violence and a boycott by the main opposition BNP and its allies.
Planning Commission echoed Prime Minister Manmohan Singh's concern that corporate salaries were excessive but said there was no proposed move to impose any cap on their salaries.
After the historic success of its Chandrayaan-3 lunar mission, Indian Space Research Organisation (ISRO) is going full throttle with its plans to send Indian astronauts for the first time to the Moon by 2040, ISRO Chairman S Somanath said.
The centres will be set up under a pilot project on PPP (public-private partnership) mode across the country, principal advisor (skill development mission) of Planning Commission Jayati Chandra said, adding that these are expected to come up by the middle of the year.
Banks may become more cautious in extending loans, as more and more farmers may take loans, relying on the assurance that a debt relief commission will back them in the event of default.
This time Modi has no emotive message to take to the stump. Muscular nationalism doesn't work against the backdrop of China's successive inroads into Indian territory. Rising prices is a sore point that cuts across class and caste barriers; unprecedented levels of unemployment has the youth in a ferment. This has reduced the BJP campaign to a laundry list of recycled grievances and thinly veiled communal appeals, neither of which are working as well as they have in the past, argues Prem Panicker.
Tension mounted in the hills of Manipur after a video from May 4 surfaced on Wednesday showing two women from one of the warring communities being paraded naked by a few men from the other side, officials said in Imphal on Wednesday.
The verdict in the Google versus Epic Games antitrust case in the US has spread cheer among the Indian gaming and app developers. Ending a three-year legal battle, the San Francisco jury found that Google turned its Play app store and billing service into an illegal monopoly. American video game maker Epic Games, best known for Fortnite, had sued Google in 2020.
'It is important to understand that the disability is not in the person.' 'The problem lies in societal attitude and the discriminatory treatment given to disabled people in our country.'
According to the Pentagon report, the PLA is creating options for dissuading, deterring, and defeating external intervention in the Indo-Pacific region.
To check onion prices, which soared to Rs 70-80 per kg, the government slapped a ban on onion exports till January 15 to improve domestic supplies and moderate price rise.
Calling the incident 'disorderly behaviour' by unknown individuals outside the Glasgow area, it further added that the Gurdwara is open to people from all communities and backgrounds.
Economists say even 8.5 per cent growth is an optimistic target, which could not be met, unless the government pushes for economic reforms.
The mega procurement proposal will shortly be placed before the Defence Acquisition Council, the defence ministry's top body on procurement, they said.
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