The recapitalisation, the finance minister said, will enhance the lending capacity of state-owned banks and help them come out of RBI's Prompt Corrective Action framework.
Air India Chairman Rajiv Bansal has been appointed as the new aviation secretary as part of a major top-level bureaucratic reshuffle effected by the Centre on Wednesday. K Rajaraman, additional secretary in the department of economic affairs, has been appointed as secretary, department of telecommunications, a personnel ministry order said.
Since no insurance companies share data on their claims with each other, the finance ministry and Irdai suspect that a lot of the resultant claims are duplicates.
He has enjoyed prime form in first class cricket this season, but despite being excluded from the IPL auctions list, Jharkhand's Ishant Jaggi tells Rediff.com's Harish Kotian that he is mentally strong and will continue to perform. He also reckons that the auditions and the simulation tests conducted by the IPL franchises to identify players is not the right way to go about things.
"In response to India's payments data circular, we've built a system that stores payments-related data locally in India," WhatsApp spokesperson said in a statement.
The action comes two days after Congress president Sonia Gandhi held a key meeting and broke the ice by starting dialogue with some of the prominent 'letter-writers', who had earlier written to her demanding an overhaul of the party and an effective leadership.
Sports Minister hands over trophies to 2020 National Sports Awards winners
Among the many exits from the billionaire's club in 2022 are D Uday Kumar Reddy of Tanla Solutions (net worth down 66 per cent), Sushil Kanubhai Shah of Metropolis Healthcare (down 65.7 per cent), Vijay Shekhar Sharma of One97 Communications (down 66 per cent), and C K Birla (down 43.4 per cent).
Protests against 'Agnipath' left Bihar in flames on Friday when rampaging mobs set fire to dozens of railway coaches, engines and stations and torched Bharatiya Janata Party offices, vehicles and other property, prompting the police to suspend internet services in nearly a third of the state.
In a communication sent to Kumar, the EC asked him to be cautious in future while making statements.
He said, clothing, footwear and electronic sectors are large job creators and need big reforms.
The chief minister has asked officials for the 'factual status' of the case.
The victim in his police complaint said that his attackers removed his cap and slapped him, while asking him to chant Bharat Mata ki Jai and Jai Shri Ram.
The dinner Jill Biden and her husband US President Joe Biden hosted for Indian prime minister Narendra Modi, June 22, at the White House brought together, Indians and Americans from so many firmaments.
As the government plans to take sector-specific steps to tackle the slump, Finance minister Nirmala Sitharaman will soon hold talks with representatives from various sectors to get and take steps so that the confidence of those sectors can be restored.
It is also considering to hike FDI cap for public sector from 20 per cent to 49 per cent
Farmers protesting the contentious farm laws will hold demonstrations outside the residences of Bharatiya Janata Party lawmakers across the country on Saturday, a Bharatiya Kisan Union (BKU) office-bearer said.
In his 'last appeal' to the over 9,000 Pradesh Congress Committee (PCC) delegates who constitute the electoral college to pick the next All India Congress Committee (AICC) chief, Tharoor noted that from his conversations over the last few days he gathered that many of them may have concerns or hesitation about change.
Shamita wants to make Tejasswi's life difficult in the house!
Experts will give their inputs for Budget.
This is a huge honour for Tendulkar, who retired from international cricket eight years ago in 2013
'Unless the economy is sound in the country how can only three movies collected so much business in a single day?'
Vijaya Bank assured employees that the service conditions 'will remain unaffected and staff benefits retained'
Shashi Tharoor has also been retained as the chairman of the panel on Information Technology.
Quite a few superstars are bringing their big releases to the big screen this month.
The spectacles on the Gandhi bust in Kannur were broken while the Ambedkar bust had red paint splashed across it.
"To make sure there isn't a Covid surge in the country, PM Modi has asked us to be careful. The government is also preparing if at the Covid cases increase. Today, mock drills are conducted across Covid hospitals in the country to make sure people get proper treatment," Mandaviya said.
The finance ministry official may have claimed that the ministry does not have information on the loans sanctioned by different banks to Mallya or the details of the guarantee given by Mallya against those loans, but the ministry had responded to questions in this regard in Parliament in the past.
Suggestions made by the different experts have been noted and would be forwarded to Prime Minister Narendra Modi.
In his concluding remarks at the 'Chintan Shivir' in Udaipur, Gandhi had said that it is only the Congress that can fight the BJP at the national level and regional outfits cannot fight this battle of ideology.
Government suspects that many of these bank accounts were used to launder money, especially after the demonetisation in November 2016.
Since December 2018, monetary policy has been eased substantially by RBI with policy rates being cut by 75 bps and policy outlook being changed to 'accommodative'.
Hearing a petition by former Maharashtra chief minister Uddhav Thackeray against the Election Commission's interim order freezing Shiv Sena's name and election symbol, the Delhi high court on Monday asked why it should not wait for the final decision of the poll panel on the dispute between the party factions.
The Centre is grappling with the question of its fiscal roadmap not only for this year but for 2018-19
Why MP Rajiv Pratap Rudy and his party, the BJP, are angry with Pappu Yadav.
The training programme will contain thought leadership courses, group exercises, simulations, including role plays and situation analysis and personal explorations workshops
The National Democratic Alliance government has asked states to emulate the Gujarat water management model to address the problem of water scarcity.The Centre has forwarded a compact disc received from Gujarat government's Water and Sanitation Management Organisation on the subject "The state-wide water supply grid" to the states to study how the Bharatiya Janata Party-ruled state managed the problem of water scarcity.
Indian comic book character Chacha Chaudhary has been declared as the mascot of the government's Namami Gange Programme with an aim of bringing behavioural change among children towards the Ganga and other rivers.
According to experts, Bishnoi had been sulking since the Congress ignored him for the post of its Haryana unit chief during a revamp earlier this year.
Large trade deficit and rupee decline against the US dollar are putting pressure on the CAD, and these steps are likely to have a positive impact on the external sector.
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