About 50 per cent of the accounts that availed of the EMI moratorium amid the pandemic, which made things worse in an already slowing economy, are expected to be restructured, and of these accounts that would undergo restructuring, one-third, or Rs 6-9 trillion, could turn into NPAs.
Existing trade deals, especially the 2009 pact with the Asean bloc, have been panned by the Centre for not boosting exports but flooding the domestic market with cheap imports. Subsequently, New Delhi has called for reviewing FTAs with Japan and South Korea. Going by that, a trade deal with the US is unlikely to be beneficial, say experts.
Cars and two-wheelers attract 28% GST and a cess in the range of 3-22%, taking the effective tax rate to up to 50%.
It is a record that the saffron party has created, where the majority of its legislators belonged to the minority community.
Pollution levels in Delhi during the Diwali period are likely to remain in the higher end of the 'very poor' category in the absence of emissions due to fireworks, the Ministry of Earth Sciences' air quality monitor, SAFAR said.
Three TMC leaders Amit Mitra, Bratya Basu and Rathin Ghosh were sworn-in virtually. Mitra is unwell and both Basu and Ghosh are recuperating from COVID-19.
Setting short term goals and helping them achieve those, reinforces self-confidence, and builds hope, ultimately helping them come out of the dark phase.
The polls were deferred due to the spread of coronavirus.
Probable reasons that led to failure of the sale process include 24 per cent government stake and corresponding rights, high debt, volatile crude oil prices, fluctuations in exchange rate, changes in macro environment, profitability track record of bidders and restriction on bidding by individuals.
Cisco, which employs about 73,000 people worldwide, has warned against a 'challenging macro environment'
Closure has meant loss of Rs 2,000 crore to the public exchequer; around three per cent of Tamil Nadu's Gross State Domestic Product is from the facility
The move comes as the intra-party feud reached climax in the ruling NCP which has been witnessing months long tussle between two factions, one led by 68-year-old Oli and Party's chairman and another led by 66-year-old 'Prachanda', also the executive chair of the party and former premier.
'Now, the government will have to ensure even stronger surveillance to curb the infection but if that will be done is something to be observed'
January 2021 more than recovered the loss of employment of the past three months, notes Mahesh Vyas.
He said that CSK brings the best out of him and the skipper Mahendra Singh Dhoni is largely responsible for that.
Foreign Direct Investment into India rose by 13 per cent in 2020, boosted by interest in the digital sector, and while fund flows "declined most strongly" in major economies such as the UK, the US and Russia due to the Covid-19 pandemic, India and China "bucked the trend", the UN has said.
India's water future remains very bleak. The monsoon season, which once extended to 4 months, is now down to less than 30 days of heavy rain.
The top court said that it was not against anyone but the primary concern is illegal constructions in Coastal Regulation Zone areas, which eventually lead to natural disasters.
At a press conference, the NBCC CMD defended the move, saying it is a sacrifice that one has to make for development and they would be compensating by increasing the green cover 15 times.
The problem is so severe that multiple agencies have issued several precautionary measures.
The panel also stated that without the lockdown the country would have witnessed a peak of over 140 lakh cases.
Investment in infrastructure was necessary for the economy, as power shortages, inadequate transport and poor connectivity affect overall growth performance, as per the Economic Survey 2019-20 tabled in Parliament by Union Finance and Corporate Affairs Minister Nirmala Sitharaman. "To achieve GDP of USD 5 trillion by 2024-25, India needs to spend about USD 1.4 trillion (Rs 100 lakh crore) over these years on infrastructure so that a lack of infrastructure does not become a constraint to growth," it said.
The over 3,800-km-long Brahmaputra, one of the longest rivers in the world passes through China, India and Bangladesh and has several tributaries and sub-tributaries.
India is adopting a 'wait and watch' approach after the installation of the new government in Pakistan, the minister of state for external affairs told reporters in New Delhi.
The World Bank also approved $200 million for Pakistan, $100 million for Afghanistan, $7.3 million for the Maldives and $128.6 million for Sri Lanka.
'Modi-Shah have understood the risks their cynical mixing of domestic political motivations with strategic national interests was soon going to become counterproductive asserts Shekhar Gupta.
Wipro said it expects its IT service revenue for the October-December quarter of 2016-17 to be in the range of $1,916 million to $1,955 million
Winning an election may be a breeze for the BJP but the aftermath of victory isn't always painless.
A steady demand environment, prudent debt management and faster absorption of office space gave them an edge over others.
A three-judge bench headed by Justice AM Khanwilkar, by 2:1 majority, held that the grant of the environmental clearance and the notification for change in land use for the project was valid.
Our precipitous decline is being noticed and recorded abroad with alarm. It is strange that within India we are carrying on as if it is business as usual, observes Aakar Patel.
While 2017 was a record year for private equity investments in India after $23.5 billion in 660 deals, 2018 too has begun with a bang.
Round-tipping creates the opportunity for exporters to source funds at a much cheaper cost, which they divert to some other business.
With the latest expansion of the Union Council of Ministers, the total number of crorepatis there has risen to 72, while the number of those with declared criminal cases is up at 24, a study said.
While it is good to appreciate how others manage, set your own goals as a family, says Fatema Agarkar.
As of December 2018, a total amount of Rs 51,513 crore has been infused into PSBs.
The pacts were signed by Finance Minister P Chidambaram and German Development Minister Gerd Mller.
For the current woes of the state to end, in city after city, town after town, village after village, unauthorised constructions have to be removed, no questions asked, says N Sathiya Moorthy.
The fact that the government has no specific deadline to impose this policy was revealed through a response to an RTI application in February 2017.
Sectors that attracted maximum FDI include services, trading, automobile and power.
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