The ministry of home affairs on Tuesday clarified India's stand of giving Asylum to Myanmar refugees, saying that the country is not a signatory to the 1951 UN Convention relating to the Status of Refugees and the 1967 Protocol thereon.
Increasing awareness about mutual funds, ease of transactions through digitisation and sharp surge in equity markets have aided asset management companies to add a staggering 3.17 crore investor accounts in 2021-22, with experts saying the trend is likely to continue this fiscal as well. This was a significant rise from 2020-21 when 81 lakh accounts (or folios in mutual fund parlance) were opened, data with the Association of Mutual Funds in India (Amfi) showed. The ongoing financial year too appears to be promising in terms of folios as increase in investor accounts will enable people to move beyond fixed deposits and savings accounts, said Priti Rathi Gupta, founder of LXME, a financial platform for women.
Sujata Mondal Khan, wife of Bharatiya Janata Party MP Saumitra Khan, switched over to the Trinamool Congress from the saffron camp on Monday.
In Goa, where Assembly elections are a few months away, a delegation of Trinamool Congress (TMC) leaders led by Lok Sabha member Saugata Roy and including former Union Minister Babul Supriyo and the party's vice president Luizinho Faleiro met Governor P S Sridharan Pillai and requested him to immediately seek resignation from the chief minister and announce investigation by an independent agency.
The move is significant since it signals the growing importance of foods in Marico's overall strategy. It also comes six months after Marico stepped into honey, a Rs 1,500-crore category dominated by players such as Dabur.
The MP from East Burdwan, who defected to the BJP last December, has been put on 'probation' by the TMC, which he wants to rejoin.
'To get success in business one should know how to create and attract talent and how to retain it.'
The government has decided to observe January 23 as 'Parakram Diwas' to commemorate the birth anniversary of Netaji Subhas Chandra Bose, Union minister Prahlad Singh Patel said on Tuesday.
Sanjiv Mehta, chairman of the country's largest consumer goods company, HUL, believes that the second wave of the Covid-19 pandemic between April and June this year has been a mere pause in India's consumption story, and that it will not change the country's overall growth trajectory. India is poised for growth, especially in the fast-moving consumer goods (FMCG) sector, Mehta told shareholders at the company's annual general meeting on Tuesday. The signs of recovery are becoming evident with many states lifting lockdown restrictions in recent weeks.
With a revival in demand and consumption, FMCG companies are looking forward to 2022 with positivity and hopes of sustaining a healthy growth trend across both rural and urban markets while gearing up to cater to the ever-increasing digitally active consumers and tackle the challenge of higher commodity prices. Health and wellness and convenience are going to remain key trends and FMCG companies are strengthening their core brands, driving premiumisation across their portfolios with targeted innovations as consumers are gravitating towards trusted brands looking for quality, purity and hygiene, in continuation of the trend that started since the pandemic last year. FMCG makers are accelerating digitalisation and are investing in building capability in e-commerce and Direct-to-Consumer channels, identifying it as a key vector of their growth as the threat of a possible third wave is still not away.
District health officials said that these leaders are all associated with different hospitals as members of the Patients' Welfare Committees, making them eligible for the vaccination programme in the first round.
If the sanction is accorded, the four leaders might be named in the charge sheet.
The minister, while replying to the debate on Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Bill, 2020, was responding to various issues raised by the Congress and other Opposition parties about the PM CARES Fund.
60-65 per cent of the FMCG industry's overall sales come from urban areas; 35-40 per cent from rural areas.
The plea for contempt action has been filed as there are repeated incidents of violence and false cases are being lodged against their members, advocate Amar Dave, appearing for TMC, said.
Innovation and quick decision making are key to growth in business.
External Affairs Minister Sushma Swaraj will make a statement in Parliament on December 14 on the recent developments in India-Pakistan relations.
A bill to modify the list of scheduled castes in Tamil Nadu by grouping of seven castes which presently exist as separate castes, was passed by the Lok Sabha on Friday.
A six-member delegation of Indian parliamentarians will visit Sri Lanka from April 8 to 12. The multi-party delegation visiting Colombo and Jaffna will not, however, include MPs from Tamil Nadu.
BJP leader Hema Malini was among those who played Holi with other MPs and appealed the people of the country to enjoy the festival but not misuse it
Stating that there will be no turning back on the decision to exit the United Progressive Alliance government, Trinamool Congress leader Saugata Roy on Wednesday clarified that the decision to resign on Friday was taken only because the ministers had to personally submit their resignations and not because there may be some scope for a negotiation.
Meanwhile, the government accused the Congress on Thursday of instigating violence in the northeast.
Trinamool Congress Member of Parliament Saugata Roy on Monday came out in full defence of West Bengal Chief Minister Mamata Banerjee, saying she is being unfairly criticised by a section of the media. "Some media houses are acting in a motivated way to malign the chief minister and bring down her prestige. They are doing harm to the state by trying to pull down a democratically elected chief minister," said Roy, when asked Banerjee was angry.
Former United Progressive Alliance ally Trinanmool Congress on Sunday said West Bengal was "thoroughly deprived" in the reshuffle of the Union council of ministers as none was made a Cabinet minister and the three Congress leaders made ministers of state were there only to "needle" TC.
Though senior TMC leader Saugata Roy, Union Minister of State for Urban Development, told the media afterwards that 'the decision to withdraw support was a unanimous one', our sources in the party had a different tale to tale.
Ahead of the crucial meeting of Trinamool Congress parliamentary party, prominent leader Saugata Roy indicated that party could pull out its ministers from the Union council of minister if its roll back demands on FDI in retail, cap on LPG subsidy and diesel price hike were not met with.
Greater public and private participation is required in sectors such as railways, ports and power as India looks at investing USD 1 trillion in infrastructure over the next five years, Minister of State for Urban Development Saugata Ray said.
High inflation print is the price that the Reserve Bank of India (RBI) will have to pay to nurse a fragile growth back, say economists. Wholesale Price Index-based inflation rose to a record high of 12.94 per cent in May, aided by low base effect, but also because of higher fuel and commodity prices. Retail inflation, too, surprised by rising to 6.30 per cent, while the core inflation, which is the non-food and non-fuel component, rose to an 83-month high of 6.55 per cent. These numbers are much above RBI's upper limit of 6 per cent inflation target, but there is very little that the RBI can do at this moment.
Railway Minister Pawan Kumar Bansal on Thursday hinted at a hike in passenger fare as he asked Parliamentarians to be "realistic" if they want the railways to move forward.
Trinamool Congress on Tuesday protested in Lok Sabha against alleged misuse of Central Bureau of Investigation in the Saradha scam by wearing black bands on their mouth and staged a walkout.
The Reserve Bank of India (RBI) is precariously balancing two opposing objectives - maintaining easy financial condition in the domestic market, while ensuring external stability - and economists have started taking note. They say India is going through the classic trilemma of the 'Impossible Trinity'. The RBI cannot have an independent monetary policy (setting domestic interest rates) in an environment of an open capital account and flexible exchange rates. What is even more complicated for the central bank now is that financial market stability overlays all the other three objectives.
A Trinamool Congress delegation met the Election Commission (EC) on Friday and demanded a high-level probe into an alleged attack on West Bengal Chief Minister Mamata Banerjee in Nandigram and claimed it was not an 'unfortunate incident', but a conspiracy.
Adhikari joined the BJP amid Shah's two-day visit to West Bengal ahead of the assembly elections in 2021.
TMC leaders are expected to meet over the weekend to finalise a plan of action for the coming week.
Bengali sub-nationalism is slowly emerging as a rallying cry ahead of the West Bengal assembly elections due next year.
The RBI is understood to be dithering since it would want more clarity on the cost of the fiscal policies the new government would undertake before it decides to cut rates, even though it has pencilled in a lower gross domestic product growth rate for this fiscal year.
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West Bengal Chief Minister Mamata Banerjee on Thursday said there is no alternative to the Trinamool Congress, and no other party can take its place in the state.
He said the strife-torn region had seen a 'new trend' of late in which youths from nearby villages gather at the sites of encounter between security forces and terrorists and pelt stones to help the terrorists holed-up there to flee.
The Government on Thursday said foreign direct investment will not be allowed in housing projects for urban poor.
