A Cabinet panel has allowed futures trading in 54 commodities including rice, wheat, pulses, oils, oilseeds, spices and metals, a government spokesman said on Thursday.
Former captain Sardar Singh has been included in a 13-member Hockey India selection committee, to be headed by B P Govinda, a member of the 1975 World Cup winning team.
Why did the Chinese military take over the lab in Wuhan in end January? Did something go wrong? Claude Arpi glances at the mystery surrounding the origin of the coronavirus.
A lot depends upon the composition of the monetary policy committee.
Brian McCloskey, an expert on global health security and outbreak prevention said: 'Clearly, having a vaccine would be extremely helpful, not just for the Olympics, but for all of us. But even without a vaccine I think there are other mitigation measures we will look at to make sure we can run the Games safely.'
Of the seven surveys presented under Modi govt, predictions of three were quite close to the actual GDP growth rate, one saw the base year change in between, but the last three were way off the mark.
At least a 25 basis points hike can be expected on the October 5 policy
The global heath body had earlier suspended the hydroxychloroquine arm of the clinical trials of experimental COVID-19 drugs over safety concerns.
One hopes that the government will act on the Kelkar panel recommendations.
For states like West Bengal, Bihar, Odisha, Jharkhand and Uttar Pradesh, where migration is high, the return of workers could be as much an opportunity as a liability. All states have launched portals to register migrant workers; additional fields like nature of employment and remuneration in the past 2-3 years are being added to help in skill mapping.
Gill, who studied at Modern School and Hindu College in Delhi, joined Deutsche Bank in 1991 and became its India CEO in 2012.
Here's the full text of address to the nation by President Ram Nath Kovind on the eve of the Republic Day 2022.
New Zealand coach Gary Stead termed World Cup game wash-out against India as "unfortunate and frustrating", but agreed with the International Cricket Council's assertion that reserve days will be a "logistical nightmare".
Managing expectations is a challenge for policymakers.
The members of the Internal Complaints Committee should be empowered to take independent action without any pressure from the management.
The finance ministry has put out a revised draft in public domain.
Even though the powers of the board of directors stand suspended once a company's insolvency process begins, it does not absolve the directors from actions taken up to two years earlier.
Inviting private sector in Indian Railways is a good idea.
'We can't have the best of both worlds -- large, efficient, world class government-owned banks, doing social banking and making profits. 'Why not set them free from the shackles of such obligations and run them as business units?' says Tamal Bandyopadhyay.
Maharashtra is in the beginning of a second COVID-19 wave, a central team report has said, highlighting that there is very limited active effort to track, test, isolate cases and quarantine contacts, and there is no adherence to COVID appropriate behaviour among people in rural and urban areas in the state.
'Infusion of fresh capital, handsome growth in deposits and focus on recovery should bring Yes Bank back on the growth path in the next financial year,' observes Tamal Bandyopodhyay.
'Clearly, the depositors of cooperative banks need the maximum protection.'
The PNB fiasco falls into a family line that involves non-fund limits - read contingent liabilities which are off-books. Harshad Mehta did it with bankers' receipts in 1992. Ketan Parekh exploited the ignorance of bankers who did not know the difference between a cheque and a pay-order. And the RBI blinked when it failed to insist the SWIFT platform be linked to the core banking solution. Raghu Mohan & Abhijit Lele trace the banking mess that was just waiting to happen.
India on Friday assured support to its nationals that law-abiding people have nothing to fear after authorities here arrested 31 Indians for alleged rioting in Singapore's worst outbreak of violence in over 40 years.
It could be a matter of concern that foreign shareholders of the NSE are registered in tax havens such as Mauritius and Cyprus.
Balance is needed in selecting members for the proposed monetary policy committee, says Abheek Barua.
One incident should not be used to generalise the health of all cooperative banks, says RBI governor Shaktikanta Das.
This is the fifth straight cut in rates by the Reserve Bank of India in as much policy reviews in 2019, and takes the total quantum of reductions to 1.35 per cent.
The YES Bank family tussle puts focus on RBI guidelines on appointment of directors.
The meeting is expected to chart a road map for cleaning up their balance sheets and boost credit flows, reports Somesh Jha.
'Credit expansion is probably the quickest way to get the economy going again.' 'Easy credit is like a shot of nitro in a race car: In timely, small, quick, doses it can give a tremendous boost but carried to extreme it can destroy the engine,' points out S Muralidharan, former managing director, BNP Paribas.
This is contrary to the expectations of a majority of analysts predicting for another hike given the rise in inflation lately, including domestic ratings agency Icra
Getting out of the zero-rate armchair was overdue, and many in the market will be glad it has finally happened
Pressure has been mounting on the Reserve Bank of India to cut interest rates in the wake of declining retail inflation and the need to fuel growth momentum. However, the RBI will have to do a tightrope walk as globally interest rates are inching upwards.
The new norms provide an operational framework for FPIs, a new class of overseas investors that club all existing class of investors like foreign institutional investors and Qualified Foreign Investors.
'Rolling out the vaccine is not a major challenge in India.'
While an impending rate cut is a good reason to enter debt funds, another is the high valuations in equity markets.
The financial crisis has challenged the intellectual assumptions on which previous regulatory approaches were largely built, and in particular the theory of rational and self-correcting markets.
Over 20,400 foreign nationals have been evacuated from India amid the coronavirus crisis and any decision on bringing Indians from abroad will be taken at a later stage after reviewing the situation, the government said on Friday.
It's not necessary to use only external benchmarks, there are multiple avenues to meet the requirement that the RBI wants, the bank said.
