The Supreme Court on Monday will take up the final report on the Indian Premier League (IPL) spot-fixing scam submitted by a committee headed by Justice (Retired) Mukul Mudgal on November 3.
The high-level panel also asked the government to work towards re-orienting subsidies in a targeted manner from the crop sector to the non-crop sector and redesign the electronic National Agriculture Market.
The package includes raising of Rs 15,000 crore sovereign bonds to meet the immediate capital requirement of both the companies, 4G spectrum allocation worth Rs 20,140 crore, Rs 29,937 crore for VRS covering 50 per cent of their employees, and Rs 3,674 crore for goods and services tax that will be levied on allocation of radiowaves.
Chief Economic Adviser K V Subramanian on Friday said there is an "upside potential" in the estimates about the economy during the current financial year amid a faster-than-expected recovery. He said the final print could be better than GDP estimates given by various institutions, including the Reserve Bank of India, which projected contraction of 9.5 per cent during 2020-21. During the second quarter, India's economy recovered faster than expected as a pick-up in manufacturing helped GDP clock a lower contraction of 7.5 per cent and held out hopes for further improvement on consumer demand bouncing back.
Here are some pictures of people who found interesting methods to avoid suffering under the fiery sun.
A tough initial lockdown was imposed beginning March 25 but dreams of a V-shaped recovery after it was eased in May have been obliterated by a surge in cases and new lockdowns.
Authorities have put almost the entire country under lockdown, banning gathering of people and suspending road, rail and air traffic till March 31.
Under the UASL norms, spectrum is linked to licences, and a particular band of radio wave is restricted to be used in a particular technology
The yellow metal witnessed some token buying but failed to take off on Dhanteras, a day considered auspicious for buying gold, silver and other valuables and is largely celebrated in North and West India.
SBI chief Rajnish Kumar said the focus going forward will be on cost reduction, rationalisation and reskilling of workforce, improving staff productivity and redeployment of workforce from admin offices to sales roles.
Virat Kohli helped India survive a top-order collapse and beat Pakistan by six wickets in a tight game on Saturday to revive their World Twenty20 campaign and maintain their impeccable World Cup record against the arch-rivals.
National Disaster Response Force personnel left the spot, while State Disaster Management Department personnel continued their rescue work at the accident site with cranes, earth movers and drilling machines.
Here are some of the best images clicked across the globe in the month of August.
The challenge before the management is ensuring simultaneous disclosure of key information to stock exchanges and investigating agencies.
The social impact of this could be worse as 300 million subscribers may face the annoyance of network shutdown and churn.
The law does not permit a builder to handover possession under any situation, not even for 'fitout' unless the building completion certificate is obtained, points out Jehangir B Gai.
Kerala's Tirur betel leaf, Tawlhlohpuan and Mizo Puanchei from Mizoram, and Palani Panchamirtham, a temple 'prasadam' from Tamil Nadu have been awarded Geographical Indication tag.
Loss takes analysts by surprise, as they were expecting the bank to post a net profit of Rs 19 billion.
The companies have offered to pay upfront the principal amount due for licence fees and spectrum usage charges (SUCs) on the basis of adjusted gross revenue (AGR). This amount will not include the interest, the penalty, and the interest on the penalty.
However, the areas under paddy - the biggest cereal grown during the kharif season - continue to be less than last year, mainly due to delayed onset of rains and also on account of shift towards the more lucrative maize.
Forgot the major events that shaped the news last week? Here's a quick recap of the incidents of the previous week.
The review will not only present data, trends but also list out the achievements of the Narendra Modi government
The production in Maharashtra is pegged higher at 11-11.5 million tonnes against 10.71 million tonnes
Police personnel in adequate strength were deployed across the state to maintain law and order, officials said.
East India, along with a major portion of central India, is likely to be at a higher risk of being rain deficient, especially during the first half of the season.
Branded and packaged edible oils are currently selling at around 50 per cent premiums over their loose varieties. Hence, products using edible oils would be costlier going forward.
New Zealand are preparing for the third test against India as scheduled despite a local media report that the remainder of the tour has been cancelled by the Indian cricket board due to financial problems. The Indian Express newspaper quoted an unnamed official from the Board of Control for Cricket in India (BCCI) as saying the board's bank accounts had been frozen after a recommendation by the Lodha Committee, a court-appointed panel set up to look into its operations.
India consumes around 24-25 million tonnes of pulses, but sowing trends show this year production is expected to be lower compared to last year.
'He's at best a holding-CEO. Not one who will re-imagine the bank,' a senior banker and former colleague tells Raghu Mohan about HDFC Bank CEO & MD Sashidhar Jagdishan.
'In the total of black wealth, only 1% or less than 1% constitute cash.' 'So, even if cash is completely weaned out, it impacts only 1% of the black wealth.'
A page called 'My First Vote For Modi' accounts for the largest number of ads by number (2,765). Another one called 'Bharat Ke Mann Ki Baat' was second (2,429). 'Namo Supporters' was third with 2,153 ads, reports Sachin P Mampatta.
Mother Teresa will be declared a saint by Pope Francis of the Roman Catholic Church in a canonisation ceremony in Vatican City on Sunday in the presence of over a lakh of her followers from all over the world.
The states which achieved "extraordinary growth" in total taxes collected include Kerala (44 per cent), Jharkhand (20 per cent), Rajasthan (14 per cent), Uttarakhand (13 per cent) and Maharashtra (11 per cent), an official statement said.
The Cabinet on Wednesday approved the National Mission on Edible Oils - Oil Palm (NMEO-OP) with a financial outlay of Rs 11,040 crore to promote domestic cultivation of oil palm in the next five years, and reduce the country's dependence on edible oil imports. The decision comes after Prime Minister Narendra Modi announced the new central scheme on August 15 during his Independence Day speech at Red Fort. Briefing the media, Union Information and Broadcasting Minister Anurag Thakur said the Cabinet approved the NMEO-OP with a focus on the northeast region and the Andaman and Nicobar Islands with a financial outlay of Rs 11,040 crore.
Soaring fuel prices give birth to a jugaad system in Bihar's border towns abutting Nepal with residents smuggling in India-supplied cheaper petrol and diesel from the mountain kingdom.
Portuguese striker Helder Postiga scored twice as defending champions Atletico de Kolkata (ATK) started their campaign on a winning note beating Chennaiyin FC 3-2 of the cash-rich Hero Indian Super League (ISL) in Chennai.
But this could be shortlived as the rise has been buoyed on Chhattisgarh assembly poll freebies
First, the industry is hoping for brisk business, as, according to projections there will be normal monsoon. Secondly, it is relieved at the fall in import of cheap umbrellas from China which had dented the domestic market for several years.
'There will always be hiccups given that the Namami Gange programme is spread over different sectors and involves several agencies.'
Here's a recap of events that occurred in India in the past 24 hours.
