MMFs invest in fixed-income instruments maturing in less than one year, minimising interest-rate risk.
Three different invitations were sent out for the wedding and the receptions with top-run guests being sent a large red box that contained an intricate chest incorporating a mini silver temple featuring gold idols of various Hindu deities, including Lord Ganesh, Radha-Krishna, and Goddess Durga.
Prosus-backed fintech firm PayU is set to acquire India's earliest payment gateway BillDesk in an all-cash transaction of $4.7 billion. This will be the largest acquisition in India's digital payments space. The deal will also give exit to investors General Atlantic, TA Associates, Temasek, Clearstone Ventures, and Visa. The proposed acquisition will help PayU, the payments and fintech business of Prosus which operates in more than 20 markets, become one of the leading online payment providers globally by total payment volume (TPV).
The Reserve Bank of India's (RBI's) record surplus transfer to the government has raised hopes among bond traders that the government might reduce its gross borrowing for the current financial year (2024-25/FY25) by up to Rs 1 trillion. The RBI approved a dividend of Rs 2.11 trillion for the central government for 2023-24, marking an increase of roughly 141 per cent from 2022-23 (FY23). In addition, the contingency risk buffer has been raised to 6.5 per cent from the previous 6 per cent.
After Uttar Pradesh Chief Minister Mayawati, Bihar Member of Rajya Sabha Ejaj Ali was garlanded with currency notes by his supporters in Patna on Wednesday, soon after his arrival from New Delhi.
'The BJP, already falling short of a strong OBC leader from Maharashtra, will be more than happy to welcome Chhagan Bhujbal in its fold.'
The ruling BJP has issued a whip to its MPs, asking them to ensure their presence in the House.
The demand was raised during a debate on the Constitution (123rd Amendment) Bill 2017 in the Upper House, which was passed by the Lok Sabha on August 2 superseding the amendments earlier carried out by the Rajya Sabha.
Trouble is brewing for the Women's Reservation Bill with a section of the Bharatiya Janata Party Members of Parliament in Lok Sabha expressing their opposition to the measure and threatening to vote against it and the party decided to crack on the dissenters by issuing a whip to them to back it on Thursday.
The bill, which criminalises instant divorce by Muslim men and seeks jail term for the guilty, was the first draft legislation tabled by the Narendra Modi government in this first session after it took oath of office for a second term in May.
'The common belief in political circles is that if you provide reservation to somebody, s/he will automatically come up.' 'This is a very faulty understanding.'
The Reserve Bank of India (RBI) has barred Paytm Payments Bank from most operations, including taking deposits and fund transfers with effect from March 1, 2024. The curbs on the bank come amid several alleged failures such as violations of know-your-customer (KYC) norms. Under such a scenario, here's what works for customers using Paytm Payments Bank, according to the company.
'I started getting ads. People started to recognise me. Now I cannot go out alone.' 'It feels good when hoardings of my name are there, when people scream my name.' 'I feel that I have done something in my life.'
He asserted that the concept of 'one flag, one prime minister, one Constitution' was not a political slogan and the Bharatiya Janata Party firmly believes in the principle and finally implemented it with regard to Jammu and Kashmir.
The government on Monday said that matters regarding Chinese intrusion can't be discussed in Parliament as it concerns the security of the country.
The proposed law seeks bars on storing and processing of personal data by entities without the explicit consent of an individual. It, however, provides for exemptions for "reasonable purposes" such as "prevention and detection of any unlawful activity including fraud, whistle-blowing, merger and acquisitions, network and information security, credit scoring, recovery of debt, processing of publicly available personal data and the operation of search engines".
Excluding the Bharatiya Janata Party, which ardently opposed the bill both inside and outside the assembly, the entire Opposition supported the Backward Class, Scheduled Castes and Scheduled Tribes Reservation Bill, 2017, which will be now debated and passed by the state legislative council.
'Lack of self-control over spending leads to a credit card debt trap.' 'People think they have money and spend using a credit card, but when it's time to pay, they realise they don't have the money.'
The Haryana State Employment of Local Candidates Bill, 2020 provides the quota for local people in private sector jobs that offer a salary of less than Rs 50,000 a month.
Did you know Dev Anand worked as a clerk at a salary of Rs 85 before he became an actor?
In the event of the BJP's poor performance in the assembly polls this year and in early 2025, Modi's hold will get further weakened because he will no longer remain the invincible electoral persona tightly controlling the machine at his disposal, asserts Nilanjan Mukhopadhyay.
The 102nd Constitution Amendment Act of 2018 inserted articles 338B, which deals with the structure, duties and powers of the National Commission for Backward Classes, and 342A that deals with the powers of the president to notify a particular caste as an SEBC and the power of Parliament to change the list. Article 366 (26C) defines SEBCs.
'If you solve it in one day, it will go after a day.' 'If it is there for 100 years or 1,000 years, reservation has to continue.'
This form of government, where secrets and major decisions are kept from the Cabinet itself, appears to be continuing, which is why the speculation around this special session, asserts Aakar Patel.
Did Jeff Bezos decide against endorsing Harris because it would hurt his business interests? Only God and Bezos know, and neither of them are talking, notes Prem Panicker.
'The moment the BJP loses a state, it announces some policy which never takes off.'
In her first address to a joint sitting of the two Houses in the new Parliament building in which she touched on varied issues ranging from insurgency to inflation, Murmu said a country can progress at a fast pace only when it defeats the challenges of the past and puts maximum energy into building the future.
'The people of Tamil Nadu in particular Chennai know about the double standards of the BJP. Nothing will work for them here.'
Click on the map to see the quantum of reservation across all our states.
In 1910 the who's who of Wall Street met in total secrecy in an American town to work towards the first draft of the bill that would finally give the United States a central bank.
Amid noisy scenes, Law Minister Ravi Shankar Prasad introduced the Muslim Women (Protection of Rights on Marriage) Bill 2017 for discussion and passage, but pandemonium broke out in the Upper House with the opposition creating an uproar and the BJP countering it vociferously.
"At present, there is no reservation for women in government jobs. We will bring forward a bill providing reservation for women in government jobs," he said, addressing a meeting to thank voters in his constituency Sivaganga. Chidambaram also said he was confident that the bill for 33 per cent reservation for women in Parliament and assemblies would be passed.
The Rajya Sabha on Tuesday passed a bill on protection of rights of transgenders after a motion to refer it to a Select Committee of the Upper House was defeated.
The country's total debt, or the total outstanding bonds which are being traded in the market, rose to $2.47 trillion (Rs 205 lakh crore) in the September quarter, according to a report. The total debt amount in the March quarter of the previous fiscal was $2.34 trillion (Rs 200 lakh crore). The central government's debt stood at $1.34 trillion, or Rs 161.1 lakh crore, in the September quarter, up from $1.06 trillion, or Rs 150.4 lakh crore, in the March quarter, Vishal Goenka, co-founder of Indiabonds.com, said, quoting data provided by the Reserve bank of India.
Rajya Sabha also rejected an opposition sponsored motions to send the bill to a select committee of the House and for making triple talaq a civil offence with 100 votes against it as compared to 84 in favour.
Parliamentary Affairs Minister Prahlad Joshi has said that 31 bills will be taken up in the monsoon session. Among these include the Digital Personal Data Protection Bill, 2023.
Social Justice Minister Thaavarchand Gehlot sought to allay doubts raised by several opposition members about the legislation's fate if challenged in the Supreme Court, saying he can say with confidence that the apex court will accept it.
The Vishwaguru who addressed the maximum rallies and boasted of being blessed with divine energy, who promised guarantees in his own name, turned out finally not invincible, points out Jyoti Punwani.
Prime Minister Narendra Modi on Saturday vowed to thwart alleged attempts to rob Dalits and backward classes of reservations by the Indian National Developmental Inclusive Alliance (INDIA) which he accused of 'enslavement' and performing 'mujra' for Muslim vote bank.
The Uttarakhand assembly on Wednesday passed a stricter anti-conversion Bill making unlawful conversion a cognisable and non-bailable offence punishable with imprisonment for a term of at least three to a maximum of 10 years.
