The strategic sale of government and state-owned Life Insurance Corporation (LIC) of India stakes in IDBI Bank might encounter procedural delays, potentially pushing the timeline for expected financial bids to the third quarter of the current financial year (2023-24, or FY24), according to sources familiar with the development. Financial bids constitute the second significant step in the divestment process, following expressions of interest (EoIs) from potential bidders. In this phase, bidders are required to quote transactional fee as a percentage of the divestment proceeds, which are then added to the government's kitty after completion of the transaction.
Passengers should undergo RT-PCR test and be isolated in a separate unit of an institutional facility if found positive
The idea behind advancing the Budget date is to ensure that the Finance Bill is passed before the start of the financial year, on April 1, so that all central government departments get their full allocations to work with right from the first day
The ruling National People's Party (NPP) in Meghalaya won 26 seats, but fell four short of the halfway mark of 31.
The government is confident of meeting the fiscal deficit target of 5.9 per cent of gross domestic product (GDP) and the nominal GDP target of 10.5 per cent despite pressure in the initial months of FY24, Economic Affairs secretary Ajay Seth told Business Standard. Normally the initial months of any financial year see proportionally a higher fiscal deficit because the expenditure is evenly paced while revenue picks up in the later months, he said. "This year the proportional fiscal deficit so far is much closer to the target than in most other years.
Chief Justice DY Chandrachud, who is heading the five-judge constitution bench which is hearing the matter, also touched upon the notion that only the very highly educated or elitist want fewer children.
Manipur Chief Minister N Biren Singh on Monday said that a police case has been filed on the basis of a complaint against the president and three members of the Editors Guild of India (EGI) for a report critiquing media coverage out of Manipur, and accused them of trying to "provoke clashes" in the state.
As scientists at the Indian Space Research Organisation (ISRO) gear up for the much-awaited soft landing of the Chandrayaan-3 spacecraft on the Moon's surface, the space agency may postpone the touchdown to August 27 in the event that health parameters of the lander module are found to be "abnormal", a senior official has said.
Don't recharge your phone at public outlets -- carry a power bank instead. Avoid clicking on links sent by 'friends'. If you get into an online sexual encounter with a stranger and get blackmailed, refuse to pay up.
In the wake of communal violence in West Bengal and Bihar, Sibal had on Sunday questioned the "silence" of Prime Minister Modi over the matter, and said "let not 2024 general elections be the reason" for the violence.
Recommends delisting of chana futures, open to lowering sugar import duty
Tourism is badly affected. Entire apple orchards have been washed away. 2 million people are threatened with loss of livelihood.
The national average of COVID-19 tests per day per million population is 865, the ministry said, asserting that the country has demonstrated an exponential increase in the COVID-19 testing infrastructure since January 2020.
The company will also deliver an exclusive workshop to the government's key administrative officers on improving productivity by using Microsoft technologies
Government websites -- including those of the Prime Minister's Office, home and petroleum ministries, and the department of telecommunications -- were out of service for many hours on Monday. An official attributed the cause to firewall problems.
Richest Indian Gautam Adani's conglomerate has cited an improved net debt to operating profit ratio and more than halving of loans from public sector banks to allay concerns about it being overleveraged. In a 15-page note in response to CreditSights report calling the group overleveraged, it said companies in the group have consistently de-levered, with the net debt to Ebitda ratio declining to 3.2 times from 7.6 times in the last nine years. "The businesses operate on a simple yet robust and repeatable business model focused on development and origination, operations and management and capital management plan," the note, reviewed by PTI, said.
'We want to make sustainability affordable.' 'We tell everyone, don't just recycle, Craste it!'
While Karnataka reported five new cases, Delhi and Telangana reported four each, and Gujarat reported one fresh case of the Omicron variant.
In a review meeting by Cabinet Secretary Rajiv Gauba, these states and the union territory were asked to continue with rigorous vigil so as to contain the spread of infection as well as take steps to reduce fatalities.
With the two members quitting, the NSC now has only two members -- Chief Statistician Pravin Srivastava and NITI Aayog CEO Amitabh Kant.
Non-basmati white rice accounts for nearly 25-30 per cent of total rice exported from the country.
Fresh formal job creation declined sequentially for a third straight month in February to fall to a 21-month low, signaling pressure in the employment market. These are the findings from the latest payroll data released by the Employee Provident Fund Organisation (EPFO) on Thursday. The number of new monthly subscribers under the Employees' Provident Fund (EPF) declined 10 per cent sequentially to 738,052 in February from 819,659 in January.
'While we have done a few thousand kilometres in India, most of the testing and data collection and analysis has been done in the US, Japan and Europe.'
The 33-year-old man, identified as Jagdish Kanani was arrested from suburban Borivali on Sunday night.
IBM Global Services has bagged a Rs 56 crore (Rs 560 million) contract from IDBI Ltd to consolidate the latter's IT infrastructure, including building and providing service support for a state-of-the-art data centre and disaster recovery site.\n\n
Skyroot Aerospace has become the first private company in India to give wings to the Indian space programme, after the sector was opened to private players by the Centre in 2020.
Uttar Pradesh has the highest pendency with more than three-fourths or 77.77 per cent of the total POCSO cases that were filed between November 2012 and February 2021, according to the data.
...or just a Covid-era practice, asks Ajit Balakrishnan.
The National Medical Commission in the Professional Conduct Regulations also bar doctors from endorsing any drug brand, medicine or equipment, or advertise them.
Interacting with state chief ministers, Modi underscored the enormity of what he described as the world's biggest vaccination exercise, which begins from January 16, saying over 30 crore citizens will get the jabs in the next few months in India against only 2.5 crore people vaccinated so far in over 50 countries in around a month.
In many states, aggregators operate without a licence; in others, with the risk of the licence being revoked by any regional transport office on the slightest pretext.
These three states sought a combined financial assistance of Rs 11,186 crore
Gulshan Rai talks to Surabhi Agarwal about the tussle with social media companies over sharing data, Section 66a of the Information Technology Act and his new job.
The BJP and Congress are the top two beneficiaries of the electoral bonds, followed by the Trinamool Congress.
The Centre is expected to apprise the court of the steps taken so far with regard to reviewing the contentious penal provision.
The issue of the United States National Security Agency monitoring internet data of India has reached the Supreme Court with a PIL filed seeking its direction to the Centre to initiate action against internet companies for sharing information with foreign authority in "breach" of contract and violation of right to privacy.
United States President Joe Biden on Wednesday said that based on what he saw, it appears that the deadly explosion at the Gaza hospital was done by 'the other team' and not the Israeli military, accepting the Israeli version of the story pinning the blame for the blast on the Palestinian militant group Islamic Jihad.
A majority of the companies said the law, aimed at jobs with a monthly salary cap of Rs 50,000, will result in them leaving Haryana or growing their operations in other states and abroad.
The map below shows the classification of this score into Mostly Dirty, Somewhat Clean and Mostly Clean.
Among the metro cities, the R-values of Pune and Delhi are close to one, suggests an analysis by researchers at the Institute of Mathematical Sciences in Chennai.
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