Expressing the government's commitment to continue with reforms, Finance Minister Nirmala Sitharaman on Thursday assured India Inc that it is ready to do everything required to revive and support economic growth hit by the COVID-19 pandemic. Stressing that there is a need to promote growth as it helps bring down poverty, she however said it would not be at the cost of inflation. RBI has been mandated to keep inflation at 4 per cent, with tolerance level of 2 per cent on either side.
The continuing fiscal stimulus is heavily tilted towards capex, to the extent that it chips away a part of revenue spending. Accounting for other areas of revenue expenditure, such as salaries, pensions, subsidies and defence (committed spend), the room to spend on welfare schemes, health and education will narrow in FY22.
Looking to suck out every dollar available, cricket was suffering from an overkill and the coronavirus-forced break should be used to introspect whether the game is heading in the right direction, says West Indies fast bowling great Michael Holding. The 66-year-old cricketer-turned-commentator personally believes hitting the pause button for a while was necessary amid excessive commercialisation of the sport.
Given the costs, you would need to be a high-value target for a government agency to spend this sort of money, points out Devangshu Datta.
Steve Waugh feels Kohli is now much more in control as a player and would be keen to lead the team to a series win abroad.
'A time-wise, as well as price correction, so that the market can absorb the gains made over the past 17 months.'
Serena Williams has gone 3-2 in matches that all lasted three sets and have taken a toll on her weary legs.
'I wish I had a medal, but I hope everyone is still happy. Going into the round, I didn't think about it (people watching her on TV) too much.'
Images from the 2022 Wimbledon Championships at the All England Club in London on Sunday.
Naomi Osaka suffered more pain during her post-match news conference at the US Open
Retail investors may safely invest in shorter-duration funds, suggests Sanjay Kumar Singh.
The alacrity with which regional States responded to Delhi's invite signals that expectations are high regarding an Indian role in the efforts to stabilise the situation in Afghanistan, observes Ambassador M K Bhadrakumar.
'After my illness, I encountered another unfortunate situation that caused me not to be able to come back to Bollywood.' 'I do not want to talk about that, maybe one day I will.'
This design serves two purposes -- first, keeps the health workers well-ventilated, while preventing bodily discomfort, and second, keeps them safe from various fungal infections.
Subhash K Jha picks five unforgettable Hindi films that capture the inequality of the caste system.
Phone sex on a day to day basis in addition to exchange of saucy texts will keep the relationship electrifying and make your partner go nuts
Most of India's reserves for war in the mountains have been sucked in by the standoff with China. A large part of India's airpower has also similarly been committed on the eastern border. By moving these reserves to the China border, India has been weakened vis-a-vis Pakistan. All in all, the nightmare scenario for India of a two-front war may well come true, warns Colonel Anil A Athale (retd).
The costs of providing free vaccines are way lower than the costs of a freewheeling epidemic.
'The pandemic ends only when 70 per cent of the world is vaccinated with two doses.'
Caroline Wozniacki said she felt 'cursed' at Melbourne Park after losing in straight sets to a resurgent Victoria Azarenka in the Australian Open second round on Thursday.
Zomato has the potential to be an equally important milestone for Indian equity markets, notes Akash Prakash.
If Irrfan could have been our finest professor of empirical philosophy, and Nawaz is our foremost poet of that space halfway between the gutter and the stars, then Jaideep Ahlawat has to be our greatest artist-scientist, asserts Sreehari Nair.
RBI's liquidity tightening stance had stumped the Street as a result of which bond yields had risen.
'At this time, staying in the game is more important.' 'If we do that, then wealth can be generated.'
Indian Olympic Association has decided to come up with a battery-powered mask through which athletes will be able to train without worrying about COVID-19.
The S&P BSE 500 index, which accounts for 94% market capitalisation of BSE listed companies, has gained 45% from its March 24 low. However, out of the BSE 500 index stocks, 225 have underperformed the index by gaining less than the broader index during this period.
The referee consulted with the VAR (video assistant referee) system before awarding the spot kick to Cueva after a foul by Yussuf Poulsen, but he spurned the chance to break the deadlock, firing the ball high over the bar.
Do not sugar coat your relationships, see it for what it really is, advises psychologist and spiritual coach Modmonk Anshul.
Scanty rainfall, last year's lockdown, growing competition from Nepal and the disaster of the 2017 Gorkhaland agitation are steadily weakening exports and sales of Darjeeling tea.
Canadian tennis player Eugenie Bouchard is undecided about her participation in next month's Rio Olympics over concerns about the Zika virus, the 22-year-old said.
Sukanya Verma looks at 12 times the superstar offered food for thought on subjects as varied as nation building, team spirit and the stupidity of big fat Indian weddings while wolfing down a meal.
The woman suffered multiple fractures in the incident and is under observation at the city-based Nanavati Hospital.
'Kangana and her sister trying to discredit me and my hard work, calling me names, putting wrong allegations on me is actually an equal level of harassment, if not more.'
'Galwan has turned everything.' 'The casualties on both sides alerted the Chinese to the fact that Indians are not going to take it lying down.'
The Reserve Bank of India on Tuesday hiked the cash reserve ratio by 25 basis points.
'I think there's a bit of safeguarding towards the potential of India not coming (on a tour in December/January) which is worth something like 250 to 300 million dollars'
The trick-shots, underarm serves and tirades at spectators are all part of the theatre, and the 'what will he do next?' lure puts bums on seats, in much the same way John Daly still draws a crowd in golf.
It looks more like a broom out of a Harry Potter book that does more than just cleaning, says Khalid Anzar.
Looking to introduce your child to films that will cultivate their taste and broaden their horizon? Sukanya Verma offers a list of movies that is as entertaining as it is enriching.
Images from Day 9 of Wimbledon at the All England Lawn Tennis and Croquet Club in London, on Wednesday.
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