Finance Minister Nirmala Sitharaman on Tuesday announced allocation of whopping Rs 48,000 crore for completion of 80 lakh houses under the Pradhan Mantri Awas Yojana (PMAY), both rural and urban, during the next fiscal year. In her budget speech, the minister said: "In 2022-23, 80 lakh houses will be completed for the identified eligible beneficiaries of PM Awas Yojana, both rural and urban. Rs 48,000 crore is allocated for this purpose." The Centre would work with states for reduction of time required for all land and construction related approvals, for promoting affordable housing for middle-class and Economically Weaker Sections (EWS) in urban areas, she said.
Amid a debate on the freebies, the Election Commission on Tuesday proposed amending the model code to ask political parties to provide authentic information to voters on the financial viability of their poll promises.
Presenting the second last batch in the nine-part series.
The daily COVID-19 cases have been recorded at less than one lakh for the last 11 consecutive days.
It has also been decided to make heavy deployment of forces in some pockets of Kanpur ahead of Friday prayers, police said.
The 10-member jury was headed by filmmaker Vipul Shah. The awards were announced by jury member Dharam Gulati.
The issue price for Sovereign Gold Bond Scheme 2021-22, which will open for subscription for five days from November 29, has been fixed at Rs 4,791 per gram of gold, the Reserve Bank of India said on Friday. The Sovereign Gold Bond Scheme 2021-22 - Series VIII will be open for subscription from November 29 - December 03, 2021. "The nominal value of the bond...works out to Rs 4,791 per gram of gold," the RBI said.
The three-day meeting between the two commissioners of PCIW completed discussions on all agenda items on Wednesday.
In a first since the signing of the Indus Water Treaty between the two countries, three female officers will also be part of the Indian delegation, which will be advising the Indian Commissioner on various issues during the meeting, the official said.
Voters can be relied on to punish a party which makes reckless promises without actually implementing them, asserts Virendra Kapoor.
Ajit Balakrishnan on how to arrest a worldwide decline.
Buckingham Palace has expressed its disappointment over a British tabloid to dig out private archival pictures showing a young Queen Elizabeth II seemingly performing a Nazi salute in 1933.
National Council of Educational Research and Training (NCERT) invites applications for National Talent Search Examination.
However, hours after the high court order was pronounced, Akshay's mercy plea was rejected by the President on Wednesday evening. The mercy pleas of Mukesh and Vinay have already been rejected. Pawan is yet to seek that relief.
The Nizam's descendants, Prince Mukarram Jah -- the titular eighth Nizam of Hyderabad -- and his younger brother Muffakham Jah, joined hands with the Indian government in the legal battle against Pakistan for possession of over around 35 million pounds lying with NatWest Bank plc in London.
Responding to a complaint by Right to Information activist Saket Gokhale, the commission said it has found no violation of the provisions of the model code in the issue.
Hundreds of people descended on the town of Ashbourne in central England on Tuesday to play a traditional football game in which the rules are hazy and the goals three miles apart.
As per reports, the new Social Science textbook for Class VIII in schools of Rajasthan has erased Nehru from the pages of history.
The Delhi high court on Friday stayed the Centre's eviction notices to two Congress members of Parliament and ex- ministers, Ambika Soni and Kumari Selja.
Private equity (PE) is set to play a bigger role in banks. Of 21 recommendations accepted by the Reserve Bank of India (RBI) out of 31 made by its Internal Working Group (IWG), its stance on non-promoter holdings in private banks is seen with excitement, though it doesn't refer to PEs explicitly. On non-promoter holdings in these banks, the RBI said this will be capped at 10 per cent of the paid-up voting equity share capital in the case "of natural persons and non-financial institutions and entities"; and "at 15 per cent for all categories of financial institutions, entities, supranational institutions, public sector undertaking, or the government." While this is a modification of the IWG's stance for the non-promoter holding in banks at up to 15 per cent, it does open up a huge window for PEs, all the same. This is because, while the RBI has remained silent on the eligibility of industrial houses for bank licences, fresh high-quality capital in large amounts can only come from PEs.
The 3, Motilal Nehru Place type VIII bungalow, spread over 2.5 acres, was vacated by former Delhi Chief Minister Sheila Dikshit recently.
A mere two-bedroom apartment - albeit quite spacious, covering 3,000 square (sq.) feet (ft) - will set you back 5.8 million. That's the asking price from the Indian-owned Hinduja Group, if you desire a nest in London Whitehall's iconic Old War Office (OWO). Its 1,100 rooms are now being converted into 85 residences and a first-ever hotel to be operated in Britain by Singapore's legendary Raffles Hotels chain. Gopichand Hinduja, co-chair of the conglomerate, said: "Every decision made on The OWO (as the building is fondly called) is underscored by our passion and respect for the heritage of the building and long-term commitment to London."
Blackstone on Monday said funds managed by the private equity firm will acquire a majority stake in IT firm Mphasis Ltd, triggering an open offer for acquisition of up to 26 per cent stake for about Rs 8,262 crore. A wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA), UC Investments (Office of the Chief Investment Officer of The Regents, University of California) and others will co-invest along with Blackstone, a statement said. Based on the open offer subscription, the blended purchase price will vary between Rs 1,452 to Rs 1,497 per share (12-16 per cent premium to 12-month average price and 3-6 per cent discount to 6-month average price) and the purchase consideration will vary between Rs 15,200 crore to Rs 21,000 crore (approximately$2-2.8 billion), the statement said.
The Election Commission on Wednesday ruled out any change in the schedule of the West Bengal assembly polls and told the Trinamool Congress that its suggestion to club the last three of the eight phases is "not feasible".
The Amity Indian Military College opens admissions to students of Class VIII and IX.
The government is offering a total of 70 oil and gas blocks under NELP-VIII and 10 blocks have been offered under CBM-IV.
With 4,00,000 sq km in acreage and over 100 blocks to be awarded, Nelp VIII is touted as India's biggest-ever auction of oil and gas blocks. Industry observers say there is a strong case for the government to postpone the Nelp VIII, keeping in account the present liquidity situation and low crude oil prices. "It will make sense to postpone Nelp VIII as a lot of exploration and production companies are re-looking at their investment strategies," said a sector expert.
A diamond bracelet and jewelled decorative elephants from Jaipur are some of the Indian heirlooms that made up a collection of 350 personal items belonging to Patricia Mountbatten, Lord Louis Mountbatten's eldest daughter, which fetched over £5.6 million (Rs 56 crore) at an auction in London.
With the exit polls predicting Gujarat Chief Minister Narendra Modi led National Democratic Alliance government at the center, not only have the Bharatiya Janata Party leaders started allocating portfolios but also revealing their priorities for the next government.
Security has been tightened outside three luxury hotels, police said on Sunday.
Students of class VIII in Rajasthan schools will no longer study the contribution of Jawaharlal Nehru in their social science textbook as references to the first prime minister have been dropped.
Education is not simply a private affair whereby we can say that good money buys good education and little money buys not-so-good education, says Shubhashis Gangopadhyay
Human Resource Development Minister Smriti Irani said a controversy over German being replaced in KV schools has been created "deliberately" and asserted that its continuation as third language would have been a violation of the Constitution.
The Public Provident Fund and National Savings Certificate are the most popular tax-saving investments. But which one scores better when it comes to saving more tax or getting better returns?
The Supreme Court has accepted the proposal mooted by the Centre that KV students of class VI, VII and VIII will not have to take examination for third modern Indian language Sanskrit in this academic session and they may continue to study German as an optional subject.
Army was "handling" the situation arising out of the latest incursion in Ladakh, Defence Minister A K Antony said on Monday after Chinese troops prevented Indians from patrolling up to LAC in Finger-VIII area where they have built a road inside Indian territory.
These changes will entail a relook at the various laws governing banks in the country - the two Bank Nationalisation Acts (passed in 1970 and 1980); the State Bank of India (SBI) Act of 1955; and the Companies Act of 2013.
The trigger is UPSC's new exam pattern, entrance exams in PSU banks and undertakings, says Sanjay Jog
The book 'Modern Indian Political Thought', for MA course under the Distance Learning Programme, meant for the upcoming academic year, is not yet available in the market.
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