Around 1 out of every 5 people who gets COVID-19 becomes seriously ill and develops breathing difficulty, according to the World Health Organisation.
GST collections in March slipped below the psychological Rs 1-lakh crore mark for the first time in four months to Rs 97,597 crore as the COVID-19 lockdown that shut most businesses compounded tax collections in an already sluggish economy.
With West Bengal Chief Minister Mamata Banerjee seeking a uniform vaccination policy for the country, Union Health Minister Harsh Vardhan on Friday assured her that the Modi government was firm in its resolve to help the state fight the COVID-19 pandemic, but also flagged more than 40 per cent positivity rate in some districts of the state.
The deal brings the two start-up stalwarts - Bansal and Ola co-founder and chief executive officer Bhavish Aggarwal - together in the backdrop of growing foreign control in this space.
8 crore migrant workers will get 5 kilogram of grains per person and 1 kilogram of 'chana' for two months.
India is struggling with a second wave of the pandemic with more than 3,00,000 daily new coronavirus cases being reported in the past few days, and hospitals are reeling under a shortage of medical oxygen and beds.
also made a case for the need to create a self-sufficiency fund for innovation, construction and manufacturing clusters to make use of the emerging opportunities in the wake of disruption in global supply chain.
Sitharaman also said different departments of the government are working to provide relief to industry, which could be severely impacted by the fast-spreading virus.
Multi-cap funds are best suited to exploit the present market scenario as they are free to invest across all market capitalisations and sectors, says Naveen Kukreja, CEO and co-founder, Paisabazaar.com.
The states will get over Rs l lakh crore.
Finance Minister Nirmala Sitharaman on Monday assured the industry that momentum of economic reforms will continue to make India a hotspot of global investment. India has turned the crisis created by COVID-19 pandemic into an opportunity to push the economic reforms, which remained pending for decades, she said while addressing the National MNC's Conference 2020 organised by industry chamber CII.
A lot of work is needed to be done on the part of the insurance sector behemoth, and the government, before it is ready for its market debut.
The pandemic has confined students across all ages to home and digital education is the only way to continue learning.
The company will raise $1.8 billion for the under construction and contracted portfolio of 12 GW, which includes the country's first manufacturing-linked solar power plant of 8 GW.
This marks the second billion-dollar investment by Silver Lake in a Reliance subsidiary after the $1.35 billion investment in Jio Platforms.
They can wait, as RBI has indicated the bonds could be linked to CPI in future.
The central government partially controls diesel prices and fixes retail prices of liquefied petroleum gas and kerosene to protect the poor, leading to revenue losses at state-run Indian Oil Corporation, Bharat Petroleum Corporation and Hindustan Petroleum Corporation.
It is the first visit abroad by a senior Union minister in four months as foreign travels were restricted in view of the coronavirus pandemic.
A senior company executive said the company waited for seven years for the verdict and its shareholders needed to know when it would be concluded.
The Reserve Bank of India (RBI) on Friday decided to leave the benchmark interest rate unchanged at 4 per cent but maintained an accommodative stance, implying rate cuts in the future if need arises to support the economy hit by the Covid-19 pandemic.
Unlike in the past, the latest tranche of secret United States diplomatic cables released by WikiLeaks have not been leaked, but have been "legitimately obtained from a US government web site" and released in a user-friendly searchable format. Nearly 1.7 million diplomatic cables from the period between 1973 and 1976 -- now being dubbed as 'The Kissinger cable' -- were declassified by the US State Department in 2006.
The Central government will borrow up to Rs 1.1 lakh crore on behalf of the states to bridge the shortfall in GST collections, the finance ministry said on Thursday. A slowdown in the economy since last fiscal has resulted in a drop in the Goods and Services Tax (GST) collections, upsetting the budgets of states which had given up their right to levy local taxes such as sales tax or VAT when GST was introduced in July 2017. To make up for the shortfall, borrowing from the market was proposed.
Frontline healthcare staff, people over the age of 80 and care home workers will be among the first to get the vaccine as part of Phase 1 of the programme from Tuesday, which was approved for rollout by the UK's independent regulator earlier this week.
The central probe agency had filed a money laundering case to probe the deal and is carrying out the action to collect evidence under the Prevention of Money Laundering Act (PMLA), officials said.
Venture Intelligence data shows that during January to July 2020, investors infused $998 million in 31 deals. The total number of deals reported in 2019 was 42 worth $404 million.
Mandatory pvt participation, annual tariff hikes, conforming to FRBM limits seen difficult.
Winning an election may be a breeze for the BJP but the aftermath of victory isn't always painless.
The first tranche of the IIBs 2013-14 for Rs 1,000-2,000 crore (Rs 10-20 billion) will be issued on June 4, it said, adding that the maturity period of these bonds will be 10 years.
The expert committee sought more information from Serum Institute regarding the Oxford-AstraZeneca vaccine.
The Central Bureau of Investigation on Thursday questioned Lieutenant General (retired) Tejinder Singh and Vectra Chairman Ravinder Rishi in connection with the alleged bribe offer made by the former to the then Army Chief V K Singh to clear a tranche of allegedly substandard all-terrain vehicles.
The Central Bureau of Investigation on Monday questioned Lt Gen (retd) Tejinder Singh and Vectra Chairman Ravinder Rishi in connection with alleged bribe offer made by former to the then Army Chief V K Singh to clear a tranche of substandard all terrain vehicles.
The Central Bureau of Investigation on Saturday carried out raids at five places in Delhi after registering a case against Lieutenant General (retired) Tejinder Singh on former Indian Army chief V K Singh's complaint -- that he was had been offered a bribe to clear a tranche of 'substandard' vehicles.
Indian businessmen and philanthropy have never walked hand in hand. But change is in the air...
According to a separate stock exchange filing by the company, Kalanithi Maran and Kal Airways have increased their holding in SpiceJet to 52.14 per cent.
Falling growth, inflation and lower fiscal deficit are expected to prompt RBI to cut rates.
The Central Bureau of investigation on Wednesday questioned Lt Gen (retd) Tejinder Singh in connection with allegations levelled by former Army chief V K Singh that he was offered Rs 14 crore by him to clear a tranche of 'sub-standard' vehicles.
The best part is that an investor gets price appreciation and earns interest income as well, which is unique only to sovereign gold bond.
This is the first tranche of capital infusion for the fiscal and more funds would be provided in future depending upon the performance of PSU banks.
The National Highways Authority of India and the road transport and highways ministry are currently engaged in appraisal of the request for qualifications, said a senior ministry official.
