The Centre is likely to cut budgetary support to the railways by around Rs 5,000-10,000 crore for 2018-19, out of the total budgeted GBS of Rs 53,060 crore. Due to this cut in GBS, the railways is likely to depend more on borrowings, asset monetisation, and internal generation to meet the capex target of Rs 1.465 trillion for the current year.
Sebi had directed some of these companies to wind up their unregistered schemes and repay investors.
A summary of sports events and sports persons, who made news on Tuesday
Elections 2024 is not as open and shut as has been presumed. There is some life left in it, observes N Sathiya Moorthy.
Why do we need a bad bank, owned by the banks themselves when there are at least 28 ARCs around, asks Tamal Bandyopadhyay.
Security was beefed up following a terror alert that said some terrorist have entered the state through Kutch. NSG teams have been sent to Gujarat from Delhi following intelligence inputs, police sources said.
Security around high streets in the national capital, such as Connaught Place and Khan Market, has been stepped up following the 16-hour hostage crisis at Sydney's Lindt Chocolate Caf earlier this week. The terrorist attack on a Peshawar school, killing nearly 145, has intensified the checks at many restaurants, cafes and popular hangouts.
After assuming power in 2014 with a full majority of its own, the BJP-led NDA government started an ambitious process of reforming labour laws in the form of codes aimed at making the framework less cumbersome with a variety of alterations. It had planned four codes each for industrial relations, wages, social security and welfare, and occupational safety, health and working conditions. To this end, 35 central labour laws were to be converted into four codes that would have had the virtue of streamlining labour relations. But none of the proposed code Bills could be converted into a law principally because neither trade unions nor industry representatives came on board. They hold the key to India's low-growth-high unemployment paradigm but the government may struggle to push them through this time as well. Somesh Jha explains why
'When an enemy country is looking for information to sabotage a system from a remote location, they can access your data, they can stop the functioning of our power plants, they can stop the functioning of critical systems in the network.' 'It is very important that we should have full control of everything in the network.' 'Most Indian companies buy from China only because of the kind of incentive they are getting.' 'By doing so, these Indian companies are exposing themselves to dangers in the coming years.'
ndian media reported last week that the country's air force had issued alerts to its personnel and their families against using Xiaomi phones on security concerns.
Marathas, a politically influential community that constitutes around 30 per cent of the state's population, have been demanding 16 per cent reservation in government jobs and education.
Sebi, which has been given powers to take action against all unregulated money pooling schemes worth over Rs 100 crore (Rs 1 billion) besides all public issuances of securities, has issued this fresh caution notice at a time when a large number of people have been duped by numerous schemes in various states and enforcement action is underway against such operators.
None of the four benchmarks suggested by the RBI is ideal as banks in India create loan assets from their deposits and not borrowing from the regulator or market, says Tamal Bandyopadhyay.
Under NSA, the government can detain a person for as long as it wishes and the authorities need not disclose the grounds of detention. A person booked under the provision of Gangsters Act becomes part of a gang listed in police records. It entitles the police to keep track of those booked under the Act and issue summons to them for attendance at the local police station for questioning even if no fresh case is lodged against them.
Even as outsourcing demand from Europe revives after the debt crisis, data protection regulations in the region governing trans-border data flows could hurt the $108 billion Indian IT-ITeS industry.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
A man of Islamist background has been detained by German investigators probing blasts against a bus carrying players of Borussia Dortmund soccer club, the federal public prosecutor's office said on Wednesday.
There is discrimination against women in insurance cover. As a flood of insurance companies tap the capital markets with public issues, there is however, hardly any reference to this asymmetry. Subhomoy Bhattacharjee reports
The revised sale documents for public float of 10 per cent government equity in state-owned oil company Oil and Natural Gas Corp is expected to be filed with market regulator Securities and Exchange Board of India, next week.
More than 1,500 shares listed in Shanghai and Shenzhen dived by the daily limit.
'Those who come from outside are surprised at the relatively small strength of the RBI supervisory cadre, relative to the needs of the country and the needs of the financial sector.'
The defence ministry will review all cases of blacklisted firms as it prepares a new list of such entities following the new policy unveiled by it which is a mixture of heavy fines and graded banning.
A Naik Subedar with Army was on Wednesday arrested by the Hyderabad police on the charge of sharing information about strategic locations of Army bases and deployment of units with a woman, suspected to be a Pakistani national, through the Internet.
'Gold could return 10% to 12% in the next two-three years.'
All international passengers will henceforth be screened at airports, Health Minister Harsh Vardhan said at a press conference. Earlier, travellers from only 12 countries were screened at airports for the disease that has claimed over 3,000 lives and infected more than 90,000 worldwide.
Mergers and acquisitions would continue to create big corporate conglomerates but there is a need to draw a red line to avoid dominance and curbing of open competition in market by them, he said while addressing a conference on competition issues in New Delhi.
There are unprecedented political implications of identification based on 'biological attributes of an individual', such as employed by Aadhaar, warns Gopal Krishna.
About 2,000 activists of Tehreek-i-Khatm-i-Nabuwwat, Tehreek-i-Labaik Ya Rasool Allah and the Sunni Tehreek Pakistan for more than two weeks have been blocking the Islamabad Expressway and Murree Road that connect Islamabad with its only airport and the garrison city of Rawalpindi.
Two football bosses including a former president of Honduras pleaded not guilty on Tuesday to US charges they took bribes in exchange for media and marketing contracts in a scandal that has rocked the business of global football.
Nearly 300 Whatsapp groups were being used to mobilise stone-pelters in Kashmir to disrupt security forces' operations at encounter sites, of which 90 per cent have been shut down, a police official said.
The Gujarat International Finance Tech-City, or Gift City, is expected to be spread over 886 acres and will have a special economic zone on 261 acres.
The investigative agency plans to file a second chargesheet, naming more perpetrators in the Saradha scam.
Ola and Uber have committed to spending Rs 15,000 cr to win the taxi market.
The onshore yuan trading band is tightly controlled.
Investors in LIC's insurance and other schemes are receiving a lower rate of return because LIC is subsidising incompetence at best and malfeasance at worst in institutions such as IDBI Bank and IL&FS, says Jaimini Bhagwati.
Director General of Police O P Singh said that two people lost their lives in Bijnor and one each in Meerut, Sambhal and Firozabad. But officials reported a death in Kanpur as well.
This weakness is likely to continue in the near-term.
Up to 95 per cent of units in the Noida-Greater Noida mega industrial zone are currently shut.
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