We can be cash positive in no time, the day we decide to slow down investments
A stake sale of Reliance's real estate portfolio would help it raise anything between $1-5 billion and could be one of the triggers for the company's shares to break out.
As the second wave of the Covid-19 pandemic abates, India's automakers are hopeful of a quick recovery in sales volumes, led by better rural sentiment, low interest rates, improved availability of finance and a gradual uptick in business and economic activity. In fact, companies have started to ramp up production already, encouraged by high order books and the growing preference for private transport in both rural and urban areas as a means to avoid infections. In early April, the industry had been bullish as the sales trend for March showed that the effects of the Covid-19 pandemic had been left behind. The total vehicle sales had grown by 77 per cent, albeit on a lower base, and for the past few months, sales had consistently touched 300,000 units per month.
There has been a welcome focus on fundamental reforms, time-bound programmes that fix accountability and the use of technology. The upcoming Budget could build on these initiatives, says Abhas Jha.
The chief minister, who had on Wednesday expanded his new cabinet by inducting 29 ministers, had played it safe by and large retaining old faces, as 23 of them were Ministers in the previous Yediyurappa cabinet, while six were new.
Dear Friend is for those who idealised Dil Chahta Hai all out of proportion, and then warmed up to the premise that friendship could be a lot more complicated, and transient, observes Sreehari Nair.
'Health will continue to be at the centre of the government's attention as it underpins economic recovery and our collective well being.'
Smart city projects to be launched in June, other housing schemes to follow.
T E Narasimhan/Business Standard reports from Chennai on how the Future group plans to shore up its small store network in the South.
China's birth rate has been in decline since 2017, despite easing of the 'one-child policy' in order to avert an incoming demographic crisis.
Thackeray said the government had earlier declared 600 acre of Aarey land as forest but now it has been revised to 800 acre.
The sources further said that around five statues, including of Mahatma Gandhi and Bhim Rao Ambedkar, in the Parliament complex are also likely to be relocated temporarily due to the construction work and they will be reinstalled at prominent places within the new complex once the project is completed.
For all the glitz and glamour, politically and socially aware emphasis on representation and support for Ukraine, the 94th Annual Academy Awards was largely a bore.
Official websites of some states haven't been updated for years
Finance Minister Nirmala Sitharaman cut fuel subsidies while slapping additional fuel taxes on unblended transport fuels in the latest Union Budget. The former will hit the rural poor, households that secured a subsidised LPG connection under the Pradhan Mantri Ujjwala Yojana (PMUY), a programme that was partly instrumental in helping the Bharatiya Janata Party (BJP) win the 2019 general elections. The latter will pretty much hurt the entire population after it kicks in from October. That's what it looks like. Or, perhaps, it's not as it appears to be, at least on the subsidy front.
'In times of recovery, we may see a rural-urban divide with the urban pockets affected more by COVID-19, but the MFI business model should encourage banks to handhold them in this hour of crisis,' notes Tamal Bandyopadhyay.
100 smart cities to become a reality as Cabinet approves the project, earmarks Rs 100 trillion for the purpose.
Good intentions and elaborate roadmaps apart, there is an urgent need for the Tamil Nadu chief minister to come up with branded schemes like MGR's meal scheme, asserts N Sathiya Moorthy.
While the main building of the National Archives will remain intact, its annexe will be demolished and a new building will be constructed, officials said.
The tepid economy has hit most sectors, from automobile and pharmaceutical industries in the district to its tourist footfall, reports Archis Mohan
If you have pursued your bachelor's degree from elsewhere, studying a master's programme in public universities in Germany is easier as 80% of the universities are free, says Sushil Sukhwani.
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India-European Union Broad-based Trade and Investment agreement came up for discussion in a meeting between Sharma and visiting Netherlands Minister of Foreign Trade and Development Cooperation Lilianne Ploumen in New Delhi.
'Increased allocations for MNREGA could have provided the much needed push to rural demand and consumption at a time when recovery continues to remain uneven.'
The postal department would be floating tenders for procurement of hardware and development of software. Pilots will be held in rural and urban post offices and the final roll out will be completed by September 2012.
Finance Minister Nirmala Sitharaman on Tuesday unveiled a Rs 39.45 lakh crore Budget with a view to fire up the key engines of the economy to sustain a world-beating recovery from the pandemic. This was Sitharaman's fourth Budget. While the taxpayers were left in the lurch, once again, was she able to cheer Corporate India?
As many as 2,508 cities in 26 states have been selected under 'Pradhan Mantri Awas Yojana' for providing affordable houses to the urban poor.
Struggling, corrupt construction industry will be challenged by the prime minster's $250-billion plan
IndusInd Bank, a private-sector bank in India promoted by the UK-based Hindujas, will launch a $1 billion fund for deployment in the country's infrastructure sector besides its foray into semi-urban and rural areas.
'We've never really been in the situation of having a difficult time with the Chinese and an increasingly difficult time with the Russians along with a relationship with the Americans which is important.'
First off the block will be a new multi-purpose vehicle which is being co-developed with Toyota - Suzuki's alliance partner. The model will also wear a Toyota badge.
The Congress is chiefly banking on the issue of water woes and "incomplete" irrigation projects to make fresh inroads in rural Saurashtra, sensing a feeling of being "left out" among the populace.
'But you cannot encroach upon the spaces that belong to the public.' 'For this new Parliament building, we envisage a minimum of 400 trucks, the huge long trailer trucks will be coming in day in and day out right into the heart of the national capital.' 'It will completely destroy Delhi's peace.' 'The beautiful sylvan surroundings of the quiet, beautiful, New Delhi is going to be destroyed for all time to come.'
HR Guru Mayank Rautela offers practical advice.
Govt to harness Delhi's private hospitals to cover 3 lakh Delhiites falling under the poverty line.
The arrest and an alleged attack on TMC workers by unknown persons whom the Trinamool Congress believes to be Bharatiya Janata Party supporters happened barely 24 hours before the Mamata Banerjee-led party's national general secretary Abhishek Banerjee is slated to reach Agartala to 'stand beside attacked party workers'.
Can Congress keep Akbar Road HQ two yrs since notice?
The Bharatiya Janata Party parliamentary board on Thursday discussed the allocation of election campaign responsibilities among its general secretaries and top office-bearers in the run-up to the assembly polls in five states and Lok Sabha polls next year.
'Economic issues do not matter during elections; it is the emotional connect that helps swing votes.'
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