Nearly 50 million doses of Bharat Biotech's COVID-19 vaccine, Covaxin lying with the firm are set to expire early next year as there are no takers owing to poor demand, company sources said.
Amid protests in Barak Valley, Morigaon and Dhubri, the crackdown on child marriage in Assam entered the fourth day on Monday, with the number of arrests rising to 2,441.
Dearness Allowance for central government employees has been hiked to 31 per cent of the basic pay from 28 per cent with effect from July 1, 2021, the Finance Ministry said. In an office memorandum, the Department of Expenditure, under the Finance Ministry, said the term 'basic pay' means the pay drawn as per the 7th pay commission matrix and does not include any other type of pay like special pay, etc. "....the Dearness Allowance payable to central government employees shall be enhanced from the existing rate of 28 per cent to 31 per cent of the basic pay with effect from July 1, 2021," said the office memorandum dated October 25.
BSE will become the fourth player in currency derivatives in India
Namrata Thakker brings you the highlights from the fun episode!
Sliding for the fourth straight day, the BSE Sensex shed 152 points in choppy trade on Wednesday amid mixed global cues ahead of the US Federal Reserve's policy decision.
State-run NTPC Ltd is likely to sign by month-end an agreement to buy natural gas allocated by the Centre from Mukesh Ambani-run Reliance Industries Ltd at government-approved rate of $4.20 per mmBtu, power secretary H S Brahma said on Wednesday.
The State of the Union address is an annual political event in which the US president, presents to both Houses of the US Congress and the nation at large, his proposed federal budget for the upcoming calendar year within the framework of the past year's events and the general direction in which the country is heading. And Bush's was one for the ages, for all the wrong reasons.
Major Indian businesses and temples issued a joint statement opposing the proposed California Caste Bill SB 403.
'While many policies say that they will cover mental illnesses, the wordings of a few still have mental illness as a permanent exclusion.' 'After the new IRDAI circular, such exclusions should go away.'
Even if the GST rate is 18-20 per cent, there would be no average impact on inflation.
The information technology services sector will see a sharp fall in revenue growth to 12-13 per cent in FY23 from 19 per cent in FY22, ratings agency Crisil said on Thursday. However, the current depreciation in the rupee, strong demand for new age technologies like artificial intelligence, cloud computing and Internet of Things will help the over $220-billion sector maintain a double digit growth, it said in a report. The moderation from 19 per cent to 12-13 per cent will be the highest in the last eight years, it said and attributed the decline to expected tightening of IT expenditure by corporates amid the inflationary headwinds in the United States and European Union (EU), which together contribute almost 85 per cent to the sector's revenue.
India's aviation safety ratings have been downgraded by the Federal Aviation Administration (FAA) from the top to the second category, which would affect expansion of flights by Indian carriers to the United States.
A week before Pakistanis vote in the parliamentary elections, the "vast majority" -- 75 percent -- want President Pervez Musharraf to leave office, with his approval rating touching a new low of 15 per cent, the Washington Post reported.
Morgan Stanley expects the central bank to cut rates this week, 125 bps in cuts through 2015.
On Wednesday, the court approved revision in toll rates at the gate in Manesar. Subsequently, the road ministry gave a nod to an 80 per cent rise in toll rates.
A bill seeking to explicitly ban caste discrimination has been introduced in the California Senate by a Democratic lawmaker, which, if passed, could make America's most populous state also the country's first to outlaw caste-based bias.
Its association with India is over 70 years old and spans both civil and military aviation. The Douglas DC-3 transport aircraft used by the air force beginning the 1940s and the iconic Boeing 747 aircraft flown by Air India, both had Pratt & Whitney (P&W) engines. The Indian Air Force's present-day, heavy-lift C-17 Globemaster III and the yet-to-be-inducted C-295 planes, too, have P&W power plants.
The Central Board of Trustees on Wednesday deferred the decision on the interest rate for 3 crore (30 million) subscribers of the Employees Provident Fund.
While the government had in June approved a new formula for pricing of all domestically produced natural gas, the Cabinet yesterday allowed the same principles to also be applied to Reliance Industries' currently producing fields in KG-D6 block subject to certain conditions.
Believe it or not, the regulator is even stretching its arm to identify stressed borrowers and gauge the 'distance to default' as a measure of a particular bank's fragility, reveals Tamal Bandyopadhyay.
Members of the Opposition bloc MVA latched on the HC ruling and staged demonstrations in the legislature complex in Nagpur against the state government.
Ankit Mehra, founder and CEO, GyanDhan, an education financing marketplace, tells you how to apply for an education loan in the pandemic.
Last week, RIL and urea companies failed to settle the key terms of gas supply from April 1 upon expiry of the five-year contracts that priced gas from the eastern offshore KG-D6 fields at $4.205 per million British thermal units.
There is nothing exceptional in the plot that will blow your mind away, warns Divya Nair. Yashoda Review
In big bang reforms, the Union Cabinet on Wednesday approved a relief package for the telecom sector that includes a four-year moratorium on payment of statutory dues by telecom companies as well as allowing 100 per cent foreign investment through the automatic route. Briefing reporters on the decisions taken by the Cabinet, Telecom Minister Ashwini Vaishnav said nine structural reforms for the telecom sector were approved. The definition of AGR, which had been a major reason for the stress in the sector, has been rationalised by excluding non-telecom revenue of telecom companies.
If you pledge market-linked instruments and their value plummets, you will have to provide additional collateral, points out Sanjay Kumar Singh.
Despite their opposition based on ideology, both the political Right and the political Left possess similar behaviour, observes Shyam G Menon.
The Union Cabinet on Wednesday approved restoration and continuation of the Member of Parliament Local Area Development Scheme (MPLADS), which was suspended in view of the Covid-19 pandemic.
The government on Friday came out with Foreign Trade Policy (FTP) 2023 which seeks to boost the country's exports to $2 trillion by 2030 by shifting from incentives to remission and entitlement based regime. Unlike the practice of announcing 5-year FTP, the latest policy has no end date and will be updated as and when needed, said Director General of Foreign Trade (DGFT) Santosh Sarangi while briefing media about FTP 2023. Earlier, Commerce and Industry Minister Piyush Goyal unveiled FTP 2023 which will come into effect from April 1, 2023.
The majority of the International Cricket Council's Board members on Saturday voted in favour of restructured revenue sharing model including rollback of the Big 3 formula despite vehement opposition from Board of Control for Cricket in India's representative Vikram Limaye.
The three undersea cable station owners were asked by Trai to submit the Cable Landing Station - Reference Interconnect Offer,' containing the terms and conditions, charges and time limit for providing access. Now, Trai has approved the RIO of four cable landing stations of VSNL in the country and one each of Bharti and Anil Ambani's Reliance.
The government should not go in for an 'aggressive fiscal consolidation' in the upcoming Budget as global risks have not abated, RBI Monetary Policy Committee (MPC) Member Ashima Goyal said on Wednesday. Goyal further said subsidies are expected to come down as food and energy inflation moderates. WPI inflation in food articles in November was 1.07 per cent against 8.33 per cent in the previous month.
Rate-sensitive sectors like banks, auto and realty witnessed strong buying demand in trades today
The number of houses that have developed cracks has now risen to 826 out of which 165 are in the "unsafe zone", a bulletin from the Disaster Management Authority said.
Broader markers outperformed their larger peers.
Despite strong AUM growth, MFs lag behind other popular investment avenues. MFs received only 6 per cent of total household savings in 2021-2022.
India has a history of jugaad, and retrofitting vehicles is one such manifestation of the legendary Indian skill. Not so long ago autorickshaws and small Marutis used to strap on subsidised LPG cylinders and power themselves to a cheap ride. There were the odd explosions, lives were lost, but the jugaad continued. Then compressed natural gas (CNG) was introduced in Delhi following a court order. Initially, customised CNG kits were fitted to conventional (internal combustion engine or ICE) autos cheaply, enabling commuting at less than half of what you would cough up for diesel. The industry is better organised now with Suzuki and Hyundai designing CNG-fired vehicles, and Mahindra and TVS manufacturing liquefied petroleum gas (LPG)-powered three wheelers.
Tata Group-owned AirAsia India, which is in the process of being merged with Air India Express, has taken short-term loans worth Rs 630 crore during the last six months to deal with cash crunch. AirAsia India has been making losses since its first commercial flight on June 12, 2014. Its net loss increased by 42 per cent to Rs 2,178 crore in FY22.
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