For 'a person who has dedicated his life to teaching students, guiding them to restoring monuments and preserving our built heritage, I never dreamt that my home will one day be demolished.'
In a major blow to Nirav Modi, a bankruptcy court in the US has rejected a petition of the fugitive diamond merchant and two of his associates, seeking dismissal of fraud allegations against them by the trustee of three companies they previously owned indirectly.
A majority of employees seem dissatisfied with their current salaries, a recent survey conducted by JobBuzz, an employer rating platform powered by TimesJobs, revealed.
SEZs account for just about a third of India's merchandise exports (and roughly the same proportion of services exports). Yet, the notion of creating global manufacturing centres of the kind that propelled China to superpowerdom retains a durable appeal within the Indian policy-making establishment, notes Kanika Datta.
American analysts and their camp followers in India are talking absolute rubbish when they try to establish that India is facing a Hobson's choice in regard of Donbass, called upon to take sides between Russia and the West, asserts Ambassador M K Bhadrakumar.
Barring stray references such as the 'dual control' of banks and shifting the goalposts during demonetisation, he is not in a fault-finding mode with the government, notes Tamal Bandyopadhyay.
The Narendra Modi government was on Wednesday pulled up by the Gujarat high court for "inaction and negligence" on its part during the 2002 post-Godhra riots that led to large-scale destruction of religious structures. A division bench of acting chief Justice Bhaskar Bhattacharya and Justice J B Pardiwala made these observations, while ordering compensation for over 500 religious structures in the state.
Tamil Nadu CM Jayalalithaa said the "unprecedented" northeast monsoon killed 470 people and nearly a lakh livestock besides damaging crops in over 3.83 lakh hectares.
Chian it was open to international efforts to identify the source of the deadly virus.
Automakers are caught in a chicken-and-egg situation: Prices have to come down if volumes are to increase, and volumes won't increase unless prices come down, notes Pavan Lall.
Modi may take satisfaction from his display of considerable political skill in managing a mercurial, temperamental and unpredictable US president and nudging him into uncharacteristic restraint and even carefully orchestrated remarks. This personal chemistry will come in handy if Trump returns as president in the November elections, says former foreign secretary Shyam Saran.
Most producers have put off plans to make capital investments in their wineries, and implemented cost-reduction measures to conserve cash.
Thomas Isaac has been in and out of the national news in his role as Kerala's finance minister since 2018 for various path-breaking tax initiatives. But it is 2020 that he has become more prominent, principally in the GST council.
In the small-scale sector, the chief minister claimed to have created 12 lakh jobs.
The Union government acquired land for widening of an under-construction highway, overruling farmers objections in Rohtak, Haryana.
As India gets increasingly urbanised, one man tries to minimise its silent casualty.
The state has allowed industrial units in special economic zones (SEZs) to lay off workers without government's sanction, regardless of the number of workers
The auto ancillary industry - one of the worst hit due to the labour exodus - will need at least three months to get its factories up and running.
As of now, 1,77,500 people have been housed in over 351 camps, the chief minister said, adding food, and medical amenities were being provided to them by the government.
West Bengal Chief Minister, Mamata Banerjee, on Friday invited industrialists to set up base in the state, but cautioned against acquiring land forcefully.
Chief Minister Arvind Kejriwal on Tuesday gave deadline of one week to them to address the problem of outages saying government will not hesitate to cancel their licenses if they fail to comply with the directive.
Allegations abound that traders milked the scheme to artificially keep prices down, while a significant amount of growers didn't even register owing to multiple difficulties in registration and were deprived of the payout.
Ridiculing Odisha government's claim that land acquisition for the proposed Posco project near Paradip was complete, CPI-backed Posco Pratirodh Sangram Samiti (PPSS) said demolition of betel vines did not mean taking over possession of farmers' land.
In March 2020, soon after the cessation of airline operations globally and domestic flights within India, many in the aviation sector had written Delhi-headquartered low-fare airline SpiceJet's obituary well before that of most of its rivals. Unlike IndiGo, GoAir (now rechristened Go First), Vistara and even AirAsia India, SpiceJet did not have founders or backers with deep pockets. Although it is the only other listed carrier in India besides IndiGo, it was considered the weakest and the least likely to survive the pandemic. But chairman and managing director Ajay Singh surprised everyone by not only surviving but taking the lead on many fronts. Within a few weeks of the scheduled flight stoppage, SpiceJet was doing as many charter flights as it could get hold of.
"We are looking at new markets", said P G Suresh Kumar, tourist information officer on the sidelines of a roadshow held in the city to promote the state's tourism. Admitting that though there had been a 30 per cent drop in oveseas tourist arrivals, he said it had been adequately compensated with the domestic tourist arrivals in the state.
For both India and China, the most likely option -- and the most challenging -- appears to be a freezing of the status quo.
The average salaries for the engineering positions across product development companies in India have come down by 3 per cent. Bangalore continues to be the highest in its pay scale followed by Chennai, Pune and NCR, says Compensation and Benefit Study 2008 Report by Zinnov - a management consulting firm. The reason for the dip is the increased hiring at the junior-level.
The size of the Indian financial services market could touch around $340 billion in the next few years.
The change in stance follows a strong opposition by automakers of the proposed government plan to ban two-wheelers (below 150cc) and three-wheelers by 2023 and 2025, respectively
The IT industry advisories show that they think they've weathered the worst, observes Devangshu Datta.
'This is against the Constitution and we will oppose it tooth and nail.'
The Department of Heavy Industry has been undertaking appraisals of each loss making CPSE to assess the prospects of revival.
MotherCare, the baby and maternity clothes retailer that annually sourced garments worth Rs 100 crore from a single exporter in Tirupur, filed for bankruptcy in the UK and will close all its 79 shops in that country. It was the latest world-famous brand to pull down Tirupur's fortunes.
Labour law changes for three years may not be enough as it takes a couple of years for factories to build and operations at a proper scale start only in the third or fourth year.
'We plan to touch Rs 1 trillion of Amul brand's turnover in the next five years.'
India's tax pie seems to have undergone a subtle change with a sharp drop in direct tax collections resulting from a disproportionate impact of the COVID-19 carnage on incomes. The share of indirect taxes, which mainly comprise of levy on goods and services as well as import duty, has risen while that of direct taxes - made up of corporate and personal income tax - has gone down in 2020. In an interview with PTI, finance secretary Ajay Bhushan Pandey said in a pandemic like this where the economy has been impacted, any large scale changes impact direct taxes more severely, whereas indirect tax collection is mostly proportional to business turnover and compliance.
'Why the restrictions for Bakri Eid?'
The manner in which a large proportion of common people have mortgaged their rationality and questioning spirit to let hatred, prejudice, and bigotry take over their minds is a cause of worry, observes Mohammad Sajjad.
'Install the app for yourself and your family.' 'Make sure that everybody you come in contact with on a daily basis -- your drivers, your maids, your colleagues at work -- make sure they too are using the app.' 'Also encourage people who carry some influence, like office managers, to convince their employees to do the same.' 'This only helps in improving your safety levels.'
The fairy tale turnaround story has, however, taken a few knocks after a second wave of the pandemic has brought a series of default notices and has posed the toughest test for the 55-year old Singh to save the airline he founded and sold to the Marans only to assume control later.
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