The move will to a large extent speed up the monetary transmission process--which is banks passing on the rate cuts that the Reserve Bank announces to their borrowers without much delays--something that has been missing all these while and something that the RBI has been unhappy with.
Summary of sports events and persons who made news on Friday
Using a Living Will, individuals can specify that they don't want any resuscitation if the death is apparent.
Popular sweetmeats are costing a staggering 35% more on spike in sugar prices, veggies are up due to intermittent rainfall the past one week
BMS, a union affiliated to RSS, plans rally at Delhi's Ramlila Ground on Nov 17; SJM to protest on Oct 29.
Power-hitting left hander Colin Munro is likely to open New Zealand's innings with Martin Guptill on the limited-overs tour of India, with Tom Latham dropping down the order, coach Mike Hesson has said.
Dhanteras is considered auspicious for investment and buying gold.
Other than Gujarat, Odisha and West Bengal, call centres would come up in Assam, Manipur, Tripura.
It had upped India's rating to Baa2 from Baa3 and changed its rating outlook to 'stable' from 'positive', saying the reforms would help stabilise rising levels of debt.
Prayers were held across the Missionaries of Charity centres and churches all over the state to mark the late Roman Catholic nun's birth anniversary and to also commemorate her journey to sainthood on September 4.
New Zealand captain Kane Williamson feels that one can "learn a lot" by watching his contemporary Virat Kohli's stellar performances in the ongoing ICC World T20.
The RBI expects the assessment to show if the systemic failure was only in PNB or in the overall banking universe
Production between January and mid-March declined by about 5.85 million kg.
The HC was hearing three PILs challenging the restrictions on immersion of idols at the end of the five-day Durga Puja festival.
The cloud kitchen market in India will hit $1.05 billion by 2023. Just 13% of the total market has been utilised so far.
India can be rated as among the best performing economies in the world
Vaccination against measles has been declining steadily over the last ten years in India. This must be reversed in order to avoid a serious outbreak of the disease, says Phalasha Nagpal.
FinMin finally sacked executive directors K V Brahmaji Rao and Sanjiv Sharan on January 18. The bank's board, however, had felt they had no criminal intent and it was a case of 'casual oversight'
According to government data, the prices have still not crossed the MSPs in some mandis.
Tatas' best bet would be to find an insider who understands the systems, say headhunters
The deposit has been made on account of the rate reductions approved by the GST Council in its November. The rate was reduced on items including shampoo, detergents, chocolates, beauty products, sanitary ware, leather clothing, cookers, stoves, after-shave, deodorant, detergent and washing power. Companies found it difficult to pass on the benefits to consumers immediately at the time of GST rate reduction owing to logistical issues.
There have been several instances of traders dumping fruits and vegetables outside mandis. Or of farmers dumping produce outside their villages or feeding them to their animals.
India has the fourth highest number of malaria cases in the world.
UP's mills, dominated by the private sector's 94 units, have already expressed their inability to participate in the next crushing season
BJP's reversals in rural Gujarat has prompted many policy watchers to predict that the Budget would have incentives for the agriculture sector and the rural economy.
Out of the 745 gardens in Assam, which accounts for over 55 per cent of total tea production, an alert has been sounded for 88 gardens, while for West Bengal, out of the 377 gardens, 65 have been cautioned.
Resident Doctors' Association of the AIIMS in Delhi, which earlier decided not to join the strike, announced withdrawal of all non-essential services from noon after a junior doctor at its trauma centre was assaulted in the early hours of Monday.
States will have exclusive control over all dealers up to a revenue threshold of Rs 1.5 crore in a year
Here's a glimpse of all that happened around the world last week, in 10 images
Around 81 per cent of the workers constitute the unorganised sector - devoid of any social security cover and outside the purview of a complex set of labour laws.
The bench also made it clear that only the court-appointed forensic auditors -- Ravi Bhatia and Pawan Kumar Aggarwal -- and persons authorised by them would enter these premises after they were sealed.
'If you are opposed to the nationwide NRC, you should oppose the NPR.'
The boom in organised retail will set the tone for major economic overhaul. The ripple effect will be improved supply chains, volume output, integration into global commerce, and higher tax collection, notes T N Ninan.
If the projections come true, then India would regain the tag of the fastest growing major economy of the world, crossing China with more than 0.7 percentage point in 2018 and an impressive 1.2 percentage point growth lead in 2019.
A recap of events that occurred in India in the past 24 hours.
A heat wave in India has already claimed more than 1,800 lives
Any return to 9-10%(economic) growth is some years away.
This incident has again exposed that despite prohibition being in force in Bihar, alcohol is still available in the black market and that the liquor mafia is very much active
Under GST, the small and medium industries would have to handle things on their own, says V S Krishnan.
