The announcement was part of late All India Anna Dravida Munnetra Kazhagam supremo J Jayalalithaa's promise to usher in prohibition in the state in a phased manner, Palaniswami said in his first formal press conference since his elevation as chief minister last week.
For fast-moving consumer goods, growth is likely to be tepid.
India will allow locally registered foreign firms to mine and sell coal when commercial mining is permitted as part of the opening up of the nationalised industry after four decades, Coal Secretary Anil Swarup told Reuters.
The Sensex ended above 27,000 for the first time while the Nifty topped 8,100.
New Google CEO Sundar Pichai made ascent with low-key style and technical chops.
More than legal and illegal mining of sand, the issue which stares us in the face is sustainable sand mining, says Gopal Krishna
'The story of how Modi won a re-election in the face of severe agrarian crisis, mounting unemployment, looming economic crisis, is the story of how the power of the message can be put to devastating effect in the hands of a strong leader,' says Saisuresh Sivaswamy.
The Sensex, which began the year at 26,160.90 level, has shed nearly 1,400 points.
Food prices probably fueled a sharp rise in India's retail inflation in December after the record low struck the previous month.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
It is not a good idea to take the line that since demonetisation happened in the third quarter, everything that happened then was a consequence of that, says Chief Statistician TCA Anant.
If Android One succeeds, it will only cement Pichai's so-called position as the most powerful man in the mobile world.
Experts pick the most effective advertisements of the year.
The 30-share Sensex ended down 159 points at 27,425 and the 50-share Nifty closed down 24 points at 8,299.
On an average most commodities are up between 20-30 per cent compared to a year ago levels.
Dividend payouts seem recession-proof.
During 2013-14, imports from Japan, South Korea and Malaysia stood at $9.49 billion, $12.47 billion and $9.21 billion respectively.
Another 8 pm prime ministerial speech. Will this one too lead to a scramble and chaos like his previous 8 pm telecasts?
Chelsea will pay 30 million euros ($33.54 million) for the player, three of which will be based on performance, the Spanish champions said on their website.
Majority expect economy to slow down, but are satisfied with Modi govt's performance.
Stating that the forthcoming elections will delay the reform process and hurt growth, international rating agency Moody's on Monday said it expects growth to pick up to only 5.5 per cent in FY15.
A weaker rupee could aid corporate earnings through its positive impact on export intensive sectors such as information technology services, pharmaceuticals and commodity producers such as metal and mining, and oil and gas companies.
'Earlier compensation was less, but we have increased compensation four fold. As a result, farmers want to give up their land.' 'Infrastructure projects will create 50 lakh jobs. If today we are building 14 km of road per day, by next March, we hope to take it up to 30 km. My own hope is we can take it to 100 km per day.' 'The government's ambitious Sagarmala project aims to develop port infrastructure along the country's 7,500 km coastline. The project includes modernisation of our ports and islands, setting up of coastal economic zones, new major ports and fish harbours.'
The RBI has targeted 6 percent inflation by January 2016
Many analysts find market expensive, even at current levels.
In one of the first steps towards coal block re-allocation, the government has finalised the methodology to calculate coal price for e-auction and a Cabinet proposal on this is likely to be floated in a fortnight.
The focus will be on tackling the unfinished agenda requiring immediate attention like tax structure for solar projects, uniform tax rate on state-organised and state-authorised lotteries, taxing non-potable alcohol besides certain changes in the law, extension for NAA and rate rationalisation.
Industry demands the basic customs duty on all steel imports to be raised to 25%
The PM said his visit -- the first ever by an Indian premier -- was "based on the deep centuries-old connection between our two peoples."
Among key stocks, Tata Motors, Hero MotoCorp, L&T, Wipro, ICICI Bank, Dr Reddy's Labs and ICICI Bank, all up between 1%-3%
It's time to move on from fights and dances and clich, says Kshmaya Daniel.
There are several examples of one name standing in for many brands.
Typically, about four to six weeks ahead of the polls, activity in the property market picks up as politicians begin to pull out their money parked in real estate. But this time, it's all quiet till now in real estate so far.
PSUs will get direct allotment.
It's been months since Jindal returned the private land to the state government, free of cost, but not a cottah has been distributed
Revenues of Indian companies, excluding those engaged in banking and oil, are expected to grow marginally at 5-6 per cent in the first quarter of this fiscal.
The company aims to make Lanjigarh refinery the first zero-based refinery in the world.
'Reports of hitherto 'atmanirbhar' breadwinners having to stand in line for a plastic bag of khichdi or, travelling thousands of kms with nothing but packets of biscuits, have not moved the prime minister,' observes Jyoti Punwani.
Summary of sports events and persons who made news on Sunday
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances