The DMK feels its genuine gestures have had no bearing on the governor's politico-administrative conduct, which is 'more political and politicised than administrative and Constitutional', observes N Sathiya Moorthy.
Proposals from the Centre's side include raising the 5 per cent slab to anywhere between 6 and 8 per cent, and doing away with the 12 per cent slab. A few states may oppose such a move because it involves hiking tax on items consumed by the poor. They have instead proposed raising the 18 per cent slab.
The focus will be on tackling the unfinished agenda requiring immediate attention like tax structure for solar projects, uniform tax rate on state-organised and state-authorised lotteries, taxing non-potable alcohol besides certain changes in the law, extension for NAA and rate rationalisation.
Ten central trade unions on Friday gave a call for a nationwide strike on May 22 to protest against the suspension of labour laws by some states during the lockdown period, and also decided to take the matter to International Labour Organization (ILO). "The joint platform of Central Trade Unions (CTUs) in their meeting held on May 14 , 2020 took note of the critical situation for the working people in the country during the lockdown period and decided to enhance united actions to meet the challenge," a joint statement by 10 CTUs said.
Corporate ministry documents show that the Siva's firm kept taking loans from public sector banks like State Bank of India, Punjab National Bank which gradually turned to bad loans.
"They have produced stale news. This is two years ago when there were differences in the Congress and I said I will form my own party. Where is the question of joining the BJP? I think there are too many channels and there is too little news," he said.
Patanjali, the lone player left in contention after the exit of Adani Wilmar, had last month increased its bid value by around Rs 200 crore to Rs 4,350 crore for Ruchi Soya.
Three-four big gem and jewellery firms are showing financial weaknesses and might find it tough to withstand shocks
Historically, the RBI has tried to keep the crooks at bay by issuing a circular a day. What it needs is more onsite supervision. Merely checking high-frequency data with the help of technology is insufficient, notes Tamal Bandyopadhyay.
Lenders can now initiate recovery proceedings since the SC has lifted the standstill on asset classification, which protected stressed accounts from slipping into NPAs.
The prime minister is likely to talk about its possible extension.
'The question often being asked is whether the demand for petrol and diesel is price inelastic?' asks Arun Balakrishnan, former chairman and managing director, Hindustan Petroleum.
The price for pushing the envelope beyond the comfort zone that the land of storytelling is used to is a hefty one, observes Meghna Chadha.
The Centre stressed that the next three weeks will be critical for the country reeling from the worst health crisis as it announced a series of measures to shore up medical infrastructure and supplies and scale up vaccination.
Since most banks have tightened lending to diamond merchants and others are about to do so, many medium and small diamond dealers are approaching large players for credit facility within the industry
The video conference, which began at 11 am, comes amid indications that the central government may extend the nationwide lockdown with some possible relaxations even as Punjab and Odisha have already announced extending the lockdown beyond April 14 when the current spell of 21-day shutdown across the country ends on Tuesday.
Pakistan President Asif Ali Zardari on Monday expressed concern at damage to the centuries-old Katasraj temple in Punjab province due to environmental degradation caused by industrial complexes and sought a report from authorities.
'A scatterbrained film that fails to encash Arshad Warsi and Naseeruddin Shah's screen presence,' says Prasanna D Zore.
Farmer leader Kanwalpreet Singh Pannu said that thousands of farmers will start their 'Delhi Chalo' march from Rajasthan's Shahjahanpur through the Jaipur-Delhi Highway at 11 am on Sunday.
Despite a massive decline in crude oil prices since 2012 -- Modi has been prime minister in six of these eight years -- petrol in Delhi has become 10 per cent costlier and diesel 97 per cent, as of July 2.
After a gap of two months, domestic passenger flight operations resumed on Monday amid reluctance by various states to open up their airports in view of rising cases of the novel coronavirus.
Each region in India has its own culinary narrative that speaks through its distinct dishes. Each cuisine packs within itself, textures, layers, ideas and historical nuggets so that all of Indian food cannot be pigeonholed together to say that there is one Indian cuisine. A fascinating extract from Sonal Ved's Whose Samosa Is It Anyway?.
The Indian Premier League cricket fever is all set to spread online with the merchandise of Chennai and Punjab teams being available on shopping website eBay for avid fans.Right from Lassi Glasses to Mugs to Badges, the merchandise of the two IPL teams -- Kings XI Punjab and Chennai Super Kings are on sale on the website.
Leaving behind the luxe life and dapper suits of foreign banks, Puri and his team at the upstart venture shared fizz drinks, wore a footwear brand popular among the middle class, shared a rat-infested space in a yet-to-be gentrified work space to plan and execute it.
Almost 70 per cent of alcohol distribution in India happens through liquor vends or shops, while 30 per cent happens on-premise, that is, in bars, pubs, and hotels.
ED has come across two immovable assets - one flat in Dubai and one land parcel in London. It is examining the valuation of both properties, estimated between Rs 150 crore and Rs 200 crore.
'We are a young nation. But I wanted to explore the conflict between the young and the old.' 'The cynicism of people who have lived it versus the optimism and naivete of the young.'
Varun Dhawan hosted a party and invited his friends from the industry.
'Stumbling blocks teach a lot and should be taken as stepping stones.'
Five years after Chief Minister Nitish Kumar imposed total prohibition in Bihar, the liquor mafia continues to thrive, reports MI Khan.
Last year, Ranbaxy had to pay a fine of $500 million to the US authorities after it pleaded guilty to fraudulent activities and misrepresenting data to seek fast approvals.
'For years, the RBI has been warning banks on probable frauds in bank guarantees and advised them to exercise due care.' 'PSB staffers feel their jobs are secured, hence there is no need to be vigilant and exercise financial prudence.'
The ministry of home affairs, however, said there was a need to maintain a strict lockdown till May 3 so that the gains are not squandered away.
There was a massive 24% decline in India's gems and jewelry exports to $2,321 million for September 2018 as against $3,053.38 million in the same period last year.
The fifth round of talks was held on December 5, while the sixth round originally scheduled for December 9 was called off after an informal meeting of Home Minister Shah with some union leaders failed to reach any breakthrough.
In heart-wrenching scenes reminiscent of the aftermath of the 2019 Pulwama terror attack in which 40 CRPF personnel were killed, coffins of soldiers arrived in several states for the last rites with full military honours.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
'Rubina has created an image of being this sanskari contestant, but she is totally opposite of what is shown on TV.'
According to a senior government official, the plan is to do "collective bargaining" for certain medical devices and implants by assuring a bulk requirement to the manufacturers. "The requirement for these devices runs into millions. We assure them that the requirement is going to be in bulk. In return, they should offer us better rates," he said.
