The Reserve Bank of India (RBI) on Wednesday met the long-standing demand of banks by allowing them to finance acquisitions by Indian companies, a move that also expands banks' capital market lending in the country.
The Supreme Court on Monday granted protection from arrest to psephologist Sanjay Kumar in connection with two FIRs lodged by the Election Commission of India accusing him of spreading misinformation over Maharashtra's electoral rolls through posts on social media.
While India has become the largest data generating nation, and hosts more than 152 data centres, it is fed by only 18 undersea cables.
Heavy rains and landslides in Himachal Pradesh have resulted in multiple fatalities and widespread disruption, including road closures and train cancellations.
Maharashtra Minister Chhagan Bhujbal opposes including Marathas in the Other Backward Classes (OBC) quota, citing limited reservation available for existing OBC communities and warning of potential protests if their share is reduced.
'It can be two months, a year, or even five years. We need to be prepared.'
West Bengal Chief Minister Mamata Banerjee accused the BJP of 'linguistic terror' and plotting to delete Bengali voters from electoral rolls, vowing to protect voting rights.
This is the third meeting of CEOs after Gyanesh Kumar took over as the chief election commissioner in February. However, Wednesday's day-long meeting assumes significance as the preparedness of a pan-India SIR are being discussed, officials said.
On July 2, the US Embassy shared data that "it said covered USAID funding in India from 2014 to 2024", including details of implementing partners, objectives, and key accomplishments of each activity undertaken, he said.
The private consortium would invest more than Rs 1,200 crore over the next five years to launch a constellation of 12 state-of-the-art Earth Observation satellites equipped with panchromatic, multispectral, hyperspectral, and microwave SAR (synthetic aperture radar) sensors.
'All governments are scared of a negative image.' 'Somehow, this government has a tendency to create a narrative that things are improving.' 'When the real data gives a different picture, they are upset.'
Incessant rains and flooding have caused widespread disruption in northern India, with states like Himachal Pradesh, Delhi, Punjab, and Jammu and Kashmir facing landslides, road closures, and displacement. Rescue efforts are underway as authorities grapple with the aftermath of the deluge.
'It is for the first time in Independent India that collection of information on caste is being done.'
The Sixteenth Finance Commission Chairman, Arvind Panagariya, has highlighted the challenges faced by southern states due to falling fertility rates and the subsequent increase in dependency ratios and ageing populations. He noted that Andhra Pradesh, Assam, and Tamil Nadu have raised concerns about these demographic trends. The Commission is currently touring the states to gather feedback and is expected to submit its recommendations after completing nationwide consultations.
You can't be the second-most expensive market in the world and deliver just 10 per cent EPS growth, points out Akash Prakash.
Among Sensex firms, Bajaj Finserv, ICICI Bank, Reliance Industries, Bajaj Finance, Larsen & Toubro and Bharat Electronics were the major gainers. However, Power Grid, Eternal, Hindustan Unilever and Adani Ports were among the laggards.
The labourers, who are said to be of Nepali origin, were engaged in the construction of a hotel.
Oil-to-telecom conglomerate Reliance Industries Ltd will invest Rs 75,000 crore in North Eastern states in setting up 350 biogas plants, expanding its telecom services, retail footprint, and clean energy projects, chairman Mukesh Ambani said on Friday. Speaking at the Rising NorthEast Investors Summit here, Reliance Industries Ltd chairman and managing director said his group will invest in factories for high-quality FMCG products in the region and setting up a 150-bed cancer hospital in Manipur.
Given that a sizeable part of this money is part of the coveted current accounts and savings accounts, it is surprising that banks are not in a hurry to revive these accounts, notes Tamal Bandyopdhyay.
Experts question whether a cloudburst caused the recent flash flood in Uttarkashi, India, citing insufficient rainfall and other potential factors like ice chunks, rockfalls, or landslides.
'Returning Indians can leverage their international skills and the strong funding environment for start-ups here.'
'There will be not less than 31 lakh people working in the census process.'
Lightning claims more lives in India annually than any other extreme weather event. Between April and July this year alone, 1,621 people died due to lightning strikes.
The NASA-ISRO NISAR mission has entered its 90-day commissioning phase, involving rigorous checks and calibrations to prepare the satellite for Earth observation. Scientists highlight the collaborative benefits and technological advancements of the mission.
The average Indian worker must labour for an extraordinary 160 full working days to afford Apple's latest iPhone 17 Pro.
The Adani Group plans to invest a record $15-20 billion across businesses over the next five years to chart out the next phase of growth, chairman Gautam Adani said on Tuesday as he touted the conglomerate's strong balance sheet and robust business to shrug off relentless scrutiny it faces. Record earnings from the businesses ranging from seaports to airports, renewable energy parks to data centres, cement to gas and electricity has built India's largest infrastructure group that not only exists just to serve the markets but to serve the nation's destiny, he said.
India and the US on Wednesday marked their maiden space collaboration with the successful flight of a GSLV rocket that placed an earth observation satellite, jointly developed by the two space agencies, in a precise orbit.
In a major initiative, Pakistan has announced the establishment of its first government-backed Strategic Bitcoin reserve as it invited investment in the country's crypto markets.
Pixxel has raised $95 million in funding and with the company's commercial Firefly satellites up in orbit selling data globally 'we know and seen what it takes to make this business work.'
The Indian government has advised states to intensify surveillance for respiratory illnesses, including influenza-like illness (ILI) and severe acute respiratory illnesses (SARI), following the detection of five human metapneumovirus (HMPV) cases in the country. The decision comes amidst reports of a surge in HMPV cases in China. The Union Health Secretary, Punya Salila Srivastava, chaired a virtual meeting with states and union territories to discuss the situation and public health measures. While there is no cause for public concern, the government is emphasizing the importance of preventive measures such as handwashing, covering coughs and sneezes, and avoiding close contact with those showing symptoms.
Generative AI is transforming workplaces but at a cost -- there are fewer jobs for young workers just entering the workforce, reveals a Goldman Sachs report.
Simplifying GST rates, removing exemptions, easing disputes, and speeding up refunds can boost investment in India and offer the best reply to Trump's tariffs, observes V S Krishnan, former member, Central Board of Indirect Taxes and Customs.
'It will be an explosion of zoonotic diseases from these places.' 'People will not be able to live or work for kilometres around these places where thousands of street dogs are kept.'
In a significant move, the Centre on Wednesday announced that caste enumeration will be part of the next population census, with the inclusion of caste details for the first time since independence hailed by the Bharatiya Janata Party and its allies as a historic step to help design truly equitable and focused policies.
Himachal Pradesh has been severely affected by flash floods, cloudbursts, and landslides since the monsoon began. At least 52 people have died, and search operations are underway for those missing.
India successfully test-fired the newly-developed tactical missile Pralay, capable of carrying conventional warheads, from APJ Abdul Kalam island off the coast of Odisha. The missile, developed by DRDO, has a range of 150 to 500 km and a payload capacity of 500-1,000 kg.
Among Sensex firms, Maruti zoomed the most by 8.94 per cent. Bajaj Finance rallied over 5 per cent, UltraTech Cement by 3.71 per cent, and Bajaj Finserv by 3.7 per cent. Mahindra & Mahindra, Hindustan Unilever and Trent were also among the gainers. However, ITC was the biggest loser, dropping by 1.26 per cent. Eternal, Tech Mahindra and Larsen & Toubro also declined.
'Whenever present-day politics do get involved, history sinks to the level of a morality play, with advocates for this or that cause seeking to praise their heroes or condemn their villains.'
Landslides blocked arterial roads leading up to Dharali where dozens of people were trapped and many homes and cars swept away by the raging waters on Tuesday. Eleven Army personnel from the nearby camp in Harsil were among those missing.
The textile and apparel sector is India's second-largest employment provider, after agriculture, and it is now caught in a wave of uncertainty following the Donald Trump administration's tariff policy.
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