India's cities are bursting at the seams because poor people are migrating to them in search of work.
Experts point to the higher contribution of rural from the north for the growth reported by the region, a point endorsed by companies who've been pushing their presence aggressively there.
India is currently home to 52 unicorn startups and one of the fastest-growing startup ecosystems.
Fitch Ratings on Monday said it expects a moderately worse sector outlook for Indian banks for the next fiscal beginning April 1 based on muted expectations for new business and revenue generation, and deteriorating asset quality. Fitch believes that the disproportionate shock to India's informal economy and small businesses, coupled with high unemployment and declining private consumption, have yet to fully manifest on bank balance sheets. The rating agency said the impact of the COVID-19 pandemic is likely to pose challenges to Indian banks' improving financial performance once asset-quality risks manifest in the financial year ending March 2022.
Mandaviya said this is the second phase of the Emergency Response and Health System Preparedness Package as the Central government had given Rs 15,000 crore earlier for setting up Covid-dedicated hospitals and health centres across the country.
Supertech Managing Director Mohit Arora said the company will file a review petition in the SC.
'We referred the case to the attorney general.' 'I told Mukul Rohatgi, "mujhe aap ka honest opinion chahiye".' 'He too said those were different offers.' Trai could not have stopped Reliance even if the Jio offers had been the same, Trai chief Ram Sewak Sharma tells Subhomoy Bhattacharjee.
The state government is closely monitoring the situation in areas outside the cities of Mumbai, Pune, Nashik, Nagpur, Aurangabad and Amravati, a senior state official said.
The states were advised to plan for the requisite number of isolation, oxygen supported and ICU beds based on the prevalent and expected case growth rate. the Ministry of Health and Family Welfare is also monitoring the COVID-19 hospital infrastructure, he said.
'There is a deep stigma or taboo attached to COVID-19 in rural areas.' 'People don't want to test because they fear social exclusion.' 'Even those who test positive may not reveal and not follow the quarantine protocol.'
Indian companies are expecting generous tax incentives from the Union Budget that will help them invest more in building capacities in the coming years. While the productivity-linked incentives (PLIs) are a good start to spur local manufacturing, the government should also take steps to boost consumer demand, which is not showing encouraging signs, say chief executive officers (CEOs) of India Inc. Statistics released by the Reserve Bank of India (RBI) shows that Indian banks had sanctioned loans worth Rs 75,558 crore in 220 new projects - a record low - in the pandemic-hit financial year ending March 2021. This is not showing any signs of a significant pick up in the last nine months of the ongoing financial year.
The Asian Development Bank has approved a US$ 1.5 billion (around Rs 11,185 crore) loan to India for COVID-19 vaccine procurement.
Planning for your future can be tough for anyone especially in this age of unlimited spending and investment choices. But with these pieces in place, you'll be well on your way to financial security.
While the New Delhi Municipal Council area was given the 'Cleanest Small City' award, Uttarakhand's Gauchar was adjudged the 'Best Ganga Town' in the central government survey.
The new cabinet, predictably, has a sizeable number of Yadavs and Muslims, though members of other sections of the society also find a place.
'Loss of these urban salaried jobs is, therefore, likely to have a particularly debilitating impact on the economy, besides causing immediate hardship to middle-class households,' points out Mahesh Vyas.
The nod by the Heritage Conservation Committee came nearly a week after the Supreme Court asked the Centre to seek prior approval from the panel and other relevant authorities before starting construction of the new parliament building.
Indian cities need hard infrastructure but ultimately they are not about buildings, roads and sewage drains but about people and their varied social and economic interactions, says Sanjeev Sanyal.
'If your paper writes something you don't agree with, will you criticise it?' Nitin Gadkari asks Aditi Phadnis when quizzed about demonetisation.
The Tokyo Metropolitan Government said it plans to also open up other Olympic venues in the coming months, although that could change depending on the coronavirus situation.
The CBI has said the mall belongs to Yadav who has made investment in the project through a company.
Waste management, digital urban land management and urban transportation key areas of focus
I thought Saudi Vellakka a glancing, loving depiction of the judicial system as a pageantry filled with performers trying to do right by everyone, do everything by the book, and failing despite their best attempts, observes Sreehari Nair.
The Maharashtra government on Friday announced that proposed flyovers and roads in Mumbai would have noise arresters to curb sound pollution.
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Amul plans to bring camel milk to the breakfast table
Children have to get into the role of advisors to help parents steer their retirement funds in the right direction
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.
CBI has alleged that Rana Kapoor entered into a criminal conspiracy with Kapil Wadhawan, DHFL director-promoter for round-tripping of funds where loans from Yes Bank to DHFL landed in companies owned by Kapoor's daughters, DoIT Urban Ventures.
The end-to-end exercise was undertaken in Krishna district of Andhra Pradesh, Rajkot and Gandhinagar of Gujarat, Ludhiana and Shaheed Bhagat Singh Nagar of Punjab, and Sonitpur and Nalbari districts of Assam on Monday and Tuesday.
China's deteriorating economy is a serious concern. Xi Jinping and China's new premier will have a difficult task ahead of them after the 20th party congress, notes Jayadeva Ranade, the retired senior RA&W officer and China expert.
Indian Railways plans Rs 39,000 crores non-fare revenue. Via: Branding of trains. Vinyl-wrapping of Rajdhanis, Shatabdis and Garib Raths. Moving billboards.
The publishing house faced massive backlash online on Friday after an advertisement of the book launch on Saturday with Bharatiya Janata Party leader Kapil Mishra as a guest of honour did the rounds on social media.
While the benefits offered by the new-generation products are alluring, choose a plan that offers features you may actually need in the future
The six satellites will be launched on PSLV-C29 from the Satish Dhawan Space Centre in Andhra Pradesh on December 16, 2015.
The lawyer attached a digital forensic report from a Massachusetts-based forensic firm Arsenal Digital which mentioned that a hacker hacked Rona Wilson's laptop and planted 10 letters right before Wilson's arrest.
Italy failed to qualify for the second consecutive edition of the FIFA World Cup after succumbing to Northern Macedonia in the UEFA Qualifiers
Her research was focused on urban development, macro-economic reforms, industrial development, and social sector development issues in India.
RRVL will make an open offer to acquire up to an additional 2.17 crore equity shares of Just Dial, representing 26 per cent stake, in accordance with Sebi Takeover Regulations, a regulatory filing said.
After a controversy arose over some civic bodies' plans to act against handcarts selling non-veg foods on main thoroughfares, Chief Minister Bhupendra Patel on Monday had said the state government has no problem with people's food choices.
Reliance Infocomm on Thursday announced new schemes for its four important prepaid user segments - youth, semi and urban groups and rural segment in Tamil Nadu.
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