'In times of recovery, we may see a rural-urban divide with the urban pockets affected more by COVID-19, but the MFI business model should encourage banks to handhold them in this hour of crisis,' notes Tamal Bandyopadhyay.
The move comes amid growing concerns over an upswing in the number of coronavirus cases in the state.
'There is indeed a link between BCG vaccination and resistance to COVID-19.'
Automaker MG Motor India on Monday said it has partnered with Bharat Petroleum Corporation Ltd (BPCL) to bolster EV charging infrastructure across the country. The partnership with BPCL will add momentum to EV adoption by expanding opportunities for intercity travel as the two entities will install EV chargers across highways and within cities, the automaker said in a statement. With BPCL's vast customer reach and operations and MG's strides in the EV space, the two entities can combine expertise to strategically identify charging sites, garner consumer insights, devise loyalty programs, and create technology to manage charging systems, it added.
The decision was taken at a high-level meeting chaired by Chief Minister Basavaraj Bommai in which senior ministers including Revenue Minister Ashoka, Health Minister Dr K Sudhakar and Higher Education Minister Dr C N Ashwath Narayan, medical experts and senior officials participated.
The Supreme Court Monday rued the 'general practice' of speakers delaying decisions on pleas seeking disqualification of lawmakers and the subsequent arguments that courts should 'stay away,' while hoping that the West Bengal assembly speaker would decide on such a plea against Mukul Roy who defected to the Trinamool Congress from the Bharatiya Janata Party after the state polls.
The words 'industry', 'industrial development', 'jobs', and 'employment' have been ringing with higher frequency since Mamata Banerjee stepped into her third term with landslide victory after a high-octane election last year. "Our government's next target is industrial development," the chief minister (CM) had been heard stating at different public meetings in the past few months - perhaps setting the tone for the sixth edition of the Bengal Global Business Summit (BGBS) slated for later this month. Investor summits by any state are about intent, big numbers, and tall claims. Yet in competitive federalism, its importance as a marketing tool is undeniable.
'The margin of victory or loss would make both camps rethink their strategies for the 2024 assembly election in Maharashtra.'
The review petition, filed through Dr Babar Awan and Azhar Siddique, named the Pakistan Peoples Party, Pakistan Muslim League-Nawaz, Supreme Court Bar Association, Sindh High Court Bar Association and the Sindh Bar Council as respondents.
A total of 22.05 crore applications were received during the period.
Also, a court in Mohali's Kharar sent the three accused, including the woman student, to seven-day police remand.
The Bombay high court on Tuesday directed the Mumbai civic body to demolish the unauthorised construction at Union minister Narayan Rane's bungalow in Juhu area in Mumbai, noting that it violated the Floor Space Index (FSI) and Coastal Regulation Zone (CRZ) rules.
'Only time will tell how difficult it would be for the BJP when Mr Modi may not be in a position to actively run affairs of the party and be its biggest vote catcher.'
'Then the BJP could even split.'
The wife and brother-in-law of an NRI man, who had been found infected with the Omicron variant of COVID-19 here in Gujarat a week back, were also detected with the new strain, officials of the Jamnagar Municipal Corporation (JMC) said on Friday.
There are loans to salaried people where the borrower is employed, but has failed to make repayment. Such loans would be identified and sold in a pool to ARCs.
The decision was taken at a high-level meeting chaired by Modi in which it was decided that the CBSE will take steps to compile the results of Class XII students as per a well-defined objective criteria in a time-bound manner.
On Friday also he attacked the Centre over the surge in the cases of novel coronavirus cases across the country.
Finance Minister Nirmala Sitharaman presents her fourth Budget in Lok Sabha on Tuesday.
From powering mobile devices, US chip designer Qualcomm has tied up with Ola Electric to power its electric scooters. Qualcomm is providing the key 4G connected octa core android platform which provides connectivity, computing capabilities and enables rich immersive displays with power saving software.
The number of times public sector undertakings (PSUs) have held conference calls with investors, their capital management, and debt financing are among the parameters that the Centre will use to judge their performance for the first time, a senior official in the know said. The government will evaluate PSUs for FY22 based on new parameters that were finalised by the Department of Public Enterprises (DPE) in consultation with the Department of Investment and Public Asset Management (DIPAM) last year, the official said. The government had included more conditions in the memorandum of understandings (MoUs) - used to set annual targets - that public sector enterprises sign with the DPE every year. These included a consistent dividend policy, which seeks to transfer dividends by PSUs every quarter; and market capitalisation or share price improvement over the sectoral index on an annual average basis for listed companies.
Known for delivering time-bound results, Sharma earned Modi's confidence as his secretary during his tenure as the Gujarat chief minister by successfully handling the Vibrant Gujarat campaign to get investments to the state.
Its governing allies are not happy on the economy and complain of ignored concerns but find themselves unable to be assertive.
The insurance regulator wants the removal of the minimum entry capital requirement of Rs 100 crore for setting up an insurance business in a bid to facilitate the entry of multiple players such as standalone micro insurers and niche players. Debasish Panda, chairman, Insurance Regulatory and Development Authority of India (Irdai), said it should be left to the regulator instead to decide what should be the entry fee for interested players, depending on the size of the business and operations. According to the current norms, insurers are required to have a minimum paid-up capital of Rs 100 crore.
The claims were made after the Income Tax department had on July 6 raided 36 premises of the Bengaluru-based Micro Labs Ltd. across nine states.
India is a passion with him. He is immersed in India. But he cannot help worrying about India too.
Supreme Court judge Justice DY Chandrachud has said that the decriminalisation of Section 377 of IPC by the apex court has enabled queer people to emerge as legally empowered citizens.
Initial public offering (IPO)-bound Life Insurance Corporation (LIC) of India's assets under management (AUM) increased to Rs 38 trillion as of September 2021, compared with Rs 37 trillion as of March 2021, said sources in the know. Its AUM is almost 3x the AUM of all the private life insurers in the country and over 15x more than the AUM of the second largest life insurer, SBI Life, as of September 2021. SBI Life's AUM was approximately Rs 2.4 trillion as of September 2021, said sources.
Amid outrage over personal accounts of Vice-President M Venkaiah Naidu and Rashtriya Swayamsevak Sangh chief Mohan Bhagwat losing verified blue tick marks, Twitter on Saturday said the blue badge and verified status could be automatically removed from an account if it is incomplete or inactive for six months as per its rules.
A flop Bharat Jodo Yatra could unleash more resignations from a party which under its current leadership is dying a slow death, warns Virendra Kapoor.
The dilemma is that if farming is to be efficient, farmers will be worse off -- and if farmers are to be better off farming will be worse off, reveals T C A Srinivasa-Raghavan.
Madhya Pradesh humbled domestic powerhouse Mumbai by six wickets in a one-sided final to win their maiden Ranji Trophy crown, at the M Chinnaswamy Stadium, in Bengaluru on Sunday. It was an achievement of sorts for coach Chandrakant Pandit, who exorcised the ghosts of losing one at the same venue 23 summers ago. It was a record sixth national title for Pandit as a coach.
The Sikh taxi driver was assaulted by an unidentified man, who knocked off his turban and also used expletives against him.
"A first step in this direction is the new project launched by Kerala to eradicate extreme poverty. A survey, that is being conducted as part of it, will be completed within four months," the CM said.
The Twitter officials were told that there should not be any "international interference" in the Lok Sabha polls.
The dip in the air quality can be attributed to low wind speed and temperatures which allowed accumulation of pollutants.
They say that a stimulus package may not be necessary because, unlike last year's total lockdown, public transport, including the railways and airlines, is running and the restrictions on movement are localised and, in some cases, are partial rather than total.
'If he loses Gujarat, then he has a major, major, problem coming up in 2024.'
According to highly placed sources, the finance ministry is likely to extend ECLGS and other loan guarantee schemes for micro, small and medium enterprises (MSMEs), hospitality and tourism sector, and the health infrastructure beyond March 31, Business Standard has learnt. This is likely to be announced by Finance Minister Nirmala Sitharaman as part of her Budget speech on February 1.
Not only has the Mudra loan mela generated no jobs, it has frittered away trillions of taxpayers' money and it's time to bury the scheme, argues Debashis Basu.
"The PMJDY has been the foundation stone for the Modi government's people-centric economic initiatives. "Whether it is direct benefit transfers, Covid-19 financial assistance, PM-KISAN, increased wages under MGNREGA, life and health insurance cover, the first step was to provide every adult with a bank account, which PMJDY has nearly completed," Nirmala Sitharaman said on the sixth anniversary of the scheme.
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