The central bank held 72.5 per cent equity in Nabard worth Rs 1,450 crore, of which 71.5 per cent amounting to Rs 1,430 crore were divested way back in October 2010 and the residual shareholding was divested on February 26, 2019.
Markets finished lower for the sixth consecutive day as hopes of the Goods and Services tax (GST) bill being passed in the current session of the Parliament faded considerably.
A 7:2 majority verdict by the apex court ruled that the tax legislation by the state does not require the consent of the President under Article 304 B of the Constitution
After initial reservations, Pakistan's political leaders on Friday agreed to amend the constitution to set up military courts for speedy trial of terrorists in the aftermath of the deadly Peshawar school attack.
Nifty is likely to remain under selling pressure unless and until it breach the 7,700-7,720 levels on closing basis.
The poll process for the second tier of the Panchayati Raj system will be completed by November 5, he said.
The Rajya Sabha on Wednesday approved the biggest tax reform since Independence.
"India has given a stern signal to its enemies by conducting surgical and air strikes. This tells us that India is changing and can take the most difficult decisions and isn't reluctant to implement them," Prime Minister Narendra Modi said on Sunday in his Independence Day address to the nation.
"We have taken note of this anger. We should not take upper caste votes for granted believing that they will not vote for any other party as there is no option," a senior BJP leader said.
A bench of Justices Ranjan Gogoi and Naveen Sinha, while referring to an earlier judgment of the apex court, said, "We are holding that it is a workable piece of legislation and it is not justifiable to keep this pending."
The S&P BSE Sensex slipped 305 points to end at 25,400 and the Nifty50 dropped 87 points at 7,783.
"They should go wherever they want," Bihar Chief Minister and Janata Dal-United chief Nitish Kumar said on Thursday when asked of Prashant Kishor and Pavan Verma's repeated questions about the party's stand's on the newly enacted Citizenship Act.
He asserted that the BJP does not carry out any action with a vindictive approach.
Xi Jinping is winning the war without firing a shot in Sri Lanka, observes Colonel R Hariharan (retd).
The Constitution (124th Amendment) Bill on providing 10 per cent reservation in jobs and education to the general category poor was passed by Parliament on January 9.
Chaos in Parliament threw a spanner in the government's efforts to revive the economy and kick-start reforms.
He has Biden's ear and because of the past relationship, Biden will actually listen to him, unlike some past residents of Roosevelt House.
The US had also said there was an "urgent need" for dialogue among all actors to reduce tensions and to avoid a potential military escalation in South Asia.
'In the Indian context it is not easy for rival parties to come together, especially pre-elections.' 'Having pulled it off, they should be taken seriously.'
'Had Muslims been a vote bank, they wouldn't be in the condition they are now,' Asaduddin Owaisi tells Jyoti Punwani.
The future of cryptocurrencies in India appears uncertain but that has not deterred young Indians from embracing the so-called 'fourth industrial revolution' world, where interconnectivity and smart automation, much of it relying on blockchain technology, drive human civilisation. Reserve Bank of India (RBI) Governor Shaktikanta Das has repeatedly warned of macroeconomic instability and even "serious consequences" if cryptocurrencies turn mainstream. The country's monetary authority wants a China-like total ban on crypto, not even allowing these currencies to be treated as investments. Though Parliament's website had listed the Cryptocurrency and Regulation of Official Digital Currency Bill as one seeking a total ban of cryptocurrencies in the country, it was not presented in the Winter Session. India now has the highest number of cryptocurrency investors in the world.
For his first Budget in July 2014, Jaitley inherited a fiscal deficit target of 4.1 per cent of GDP. From 4.1 per cent, the fiscal deficit came down to 3.4 per cent by 2018-19, with two slippages from the budgeted targets, in 2017-18 and 2018-19, the former due to introduction of the GST, says Arup Roychoudhury.
'I don't believe in jumlebaazi.' 'Kahan hua hai sabka saath, sabka vikas?'
The prime minister, who spoke in the Upper House as it bid farewell to 53 retiring MPs, noted that Rajya Sabha members are representatives of the states and the interest of their state should be a priority for them.
'Every person has two identities in India, that of his caste and nation.' 'It is understandable in a multi-caste, multi-religious society and I don't mind this.' 'What I mind is the State has failed in doing enough to melt these two identities in such a way that everybody has access to citizenship which is more important than your caste.' 'That is why people remain in the narrow identities of his caste or religion.'
The law was amended to bring parity between public and private sector employees (including PSUs) after the gratuity limit was raised for central government on similar lines
Delivering the key mote address at the Citi's Investor Summit, Jaitley hoped that as a professional organisation the Reserve Bank will take 'the best decision'.
An eerie silence prevails with concertina wire barricades laid on deserted streets and police and armed forces personnel allowing civilians to move only after thorough checking.
What Rajya Sabha can do for the states, no other House can do, the Prime Minister said.
Finance Minister Arun Jaitley had came out with a host of proposals last month.
Raghuram Rajan said the passage of the GST Bill augurs well for the growing political consensus for economic reforms.
The finance ministry on Wednesday said the government will borrow Rs 4.34 lakh crore in the second half of the current fiscal to meet its expenditure requirement amid COVID-19 crisis afflicting the country's economy.
Leader of Opposition Mallikarjun Kharge, speaking on the Motion of Thanks on the President's address, charged the government with not delivering on its various promises, including generating two crore jobs per year.
With the number of Members of Legislative Assembly from the Seema-Andhra region exceeding those from Telangana, it is very likely that the resolution favouring Telangana will be struck down in the Andhra Pradesh Legislative Assembly.
'If there are provocations and people try to exploit and manipulate the situation along linguistic, religious lines, then Assam might relapse into its troubled past.'
The Madhes-based parties have been protesting for over four months against the seven-province model proposed in the new Constitution that divides their ancestral land.
It's difficult to understand if GDP growth has actually improved.
'There are girls out there who are gonna feel self accepting through this film because she's someone who just wants to live her own life. She's not a particularly selfish person, or reckless, but well thought.'
Technical rallies and short covering may arise only if the markets break this 500 point band
