This is first time in 25 years that a benchmark equity index in India is trading at a P/E multiple of 40x or higher.
The pandemic has brutally highlighted the inadequacy of India's administrative systems. And, the government has demonstrated its culpable inability to speed up vaccination in a timely manner, says Jaimini Bhagwati.
Finance Minister Nirmala Sitharaman on Tuesday held a review meeting on credit guarantee scheme with heads of public sector banks, and asked them to expedite loan disbursement under the Rs 3-lakh crore ECLGS for MSME sector, hit hard by coronavirus-induced lockdown. The meeting on Emergency Credit Line Guarantee Scheme (ECLGS) was held through video conference, and the minister appreciated the efforts of banks in execution of the scheme.
It said an estimated 42-66 million children could fall into extreme poverty as a result of the crisis this year, adding to the estimated 386 million children already in extreme poverty in 2019.
'What matters is meeting the needs and expectations of the people who have voted to provide governance for the country.'
Ajit Balakrishnan on learning from past technology revolutions.
'It is only natural that in such a national crisis, we should lend a helping hand to the less privileged members of our communities.'
The ICICI board is looking to the retired petroleum secretary to provide 'maturity and sagacity'.
Resident Doctors' Association of the AIIMS in Delhi, which earlier decided not to join the strike, announced withdrawal of all non-essential services from noon after a junior doctor at its trauma centre was assaulted in the early hours of Monday.
Non-profit Code for India, which inspires techies to volunteer their time and talent to the developing world, on Thursday announced that parallel India-US hackathon will be held at the Google campuses in Bangalore and in Mountain View, California.
'Everyone wants that doctors should fight from the frontlines of the pandemic, but there's no reaction from the government when they fall ill or even die because of it.'
Direct cash transfers or food coupons should be used to provide services to the poor, says Farzana Afridi.
The device is powered by AI engine that conducts risk analysis on an individual's health data to note the slightest of deviations from their healthy baselines and detect any early signs of health deterioration.
The Bill was supported by the members across party lines, however, some suggested to add in its purview hospital sanitary staff, ASHA (accredited social health activist) workers and 'Corona warriors' in emergency services such as police and personnel from other departments.
Banks and financial institutions provide 6-12 months of additional time, beyond which you need to negotiate.
Despite the recent shooting sprees in the United States, including the killing of six Sikhs in a Gurdwara, an overwhelming majority of Americans are opposed to any gun control law and support the constitutional right to own a firearm.
A bandh called by the YSR Congress, Telugu Desam Party and other anti-Telangana political parties is being observed in Seemandhra region of Andhra Pradesh on Wednesday to protest against the passage of the AP Reorganisation Bill-2013 in the Lok Sabha.
'From the very start, PM Modi was insistent that visiting foreign leaders should be exposed to an India beyond its capital.' 'Through these experiences, he felt that the full Indian narrative would be much better understood across the world,' explains External Affairs Minister S Jaishankar. A riveting excerpt from Bluekraft Digital Foundation's Modi@20: Dreams Meet Delivery.
UN intervention has been sought to address the grievances of the people of Gilgit-Baltistan in Pakistan-occupied Kashmir.
Know what terms like anti-profiteering, CGST, SGST, IGST means in the new regime
Prisoners and suspects lodged in some of Afghanistan's detention facilities are subjected to "systematic" torture by intelligence services and police authorities, but the mistreatment is not an institutional or government policy, a United Nations report has said.
Financials emerged as the top gainers while auto shares rallied on robust September sales
Britain has finalised 1 billion pounds worth of new trade and investment with India, creating over 6,500 jobs in the UK, to be signed off at a virtual summit between Prime Minister Boris Johnson and his Indian counterpart Narendra Modi on Tuesday. The investments confirmed by Downing Street on Monday evening form part of an Enhanced Trade Partnership (ETP), which will set the ambition to double the value of UK-India trade by 2030 and declare a shared intent to begin work towards a comprehensive Free Trade Agreement (FTA). "Like every aspect of the UK-India relationship, the economic links between our countries make our people stronger and safer," Johnson said.
Coronavirus is a '12-18 months' problem and the world is not going to be free of this till 2021, says Professor Ashish Jha.
While using the family to save tax is legal and smart, ensure you use the ones where clubbing income laws isn't a concern, advises Bindisha Sarang.
Despite slowing down, China and India continue to contribute more than half of the world's economic growth, a new report by an investment management and advisory services firm has claimed.
'The Indian Army served with honour and distinction in France and Flanders, East Africa, Gallipoli, Aden, Egypt, Mesopotamia, Palestine, Transcaspia, Persia and even China.' 'The sacrifice of India's soldiers was consigned to the dustbin of history in the post-colonial world.'
A government programme aimed at empowering people run by the north-east Indian state of Nagaland has won the coveted United Nations Award for Public Service from Asia and the Pacific region for 'fostering participation in policy making through innovative mechanism'.
The Wayanad lawmaker, who became the Congress president in 2017, offered to step down from his post at the Congress Working Committee meeting on May 25, taking moral responsibility for the Congress' abysmal performance in the 17th Lok Sabha elections.
In a bid to gain a bigger share of the customer's wallet, banks are ramping up their cross-selling initiatives.
The government has adopted a graded approach under 'Unlock' and to open up various economic activities, secretary in the health ministry, Rajesh Bhushan, told a press conference.
The Biden administration should expect continuity in Iran's policies under Raisi. This may not necessarily mean that strengthening of ties with the West will be Raisi's top priority, observes Ambassador M K Bhadrakumar.
Tata Steel was the biggest gainer in the Sensex pack, rising 3.36 per cent, followed by Vedanta, Bajaj Finance, TCS, IndusInd Bank, Infosys, ONGC, Kotak Bank, HDFC Bank, HDFC, M&M and ITC.
On January 20, Taliban men armed with Kalashnikovs and suicide vests attacked the landmark Intercontinental Hotel and killed around 25 people, going from room to room searching for foreigners during the more than 12-hour ordeal.
Pandey had hit the headlines recently for his vocal condemnation of the non-cooperation meted out to the Bihar police team that had visited Mumbai to probe the death of Patna-born actor Sushant Singh Rajput.
The executive order, which was signed by Trump on Thursday, prohibits certain purchases involving publicly traded securities or any securities that are derivative of or are designed to provide investment exposure to such securities of any Communist Chinese military company.
The national poll by Harvard Kennedy School's Institute of Politics said 32 per cent of 18-29 year-old Americans approve of Trump's job performance overall.
This year, the combined net profit of 24 index companies, which have declared their June-20 numbers, has declined by 37 per cent year on year, while their revenues, including other income, is down by 21 per cent YoY so far.
Investors were stuck in old schemes though they were suspended because of tax implications.
India, being the world's largest democracy, is likely to play an important role in such a summit. Biden defeated incumbent President Donald Trump in the bitterly-fought presidential election that attracted a record number of Americans to cast their votes.
