The scheme, touted as a panacea to burgeoning CAD, was a huge flop that fostered a spike in smuggling and allowed several Gitanjali-like players to make a killing
Such is the force of his oratory that many Muslims, even those who don't vote for him, have come to believe that Asaduddin Owaisi is the first and only politician who speaks up for Muslims since Independence, observes Jyoti Punwani
With the Maldives facing a national crisis after a fire in its capital's lone water treatment plant, India on Friday sent nearly 200 tons of water by air and dispatched a naval vessel carrying a large consignment of water and RO facility to the island nation.
India's status as the pharmacy of the world is at stake.
A division bench of justices R M Sawant and Sadhana Jadhav was on Monday hearing a public interest litigation by Pune resident Pradeep Bhalekar challenging the regular paroles and furloughs granted to Dutt when he was serving his sentence.
The mortal remains of Bharat Ratna Pandit Bhimsen Joshi were consigned to flames on Monday evening in Pune with state honours in the presence of tearful mourners.
"We have been importing 3 million barrels of crude oil per month from Iran. There is no change in that status... there has been no disruption in supplies... We continue to import same volumes (this month)," Essar Oil Managing Director and CEO Naresh Nayyar said.
A Karachi-bound cargo vessel from Bangladesh with heavy military supplies, including explosives, was on Friday detained by the police at Diamond Harbour in West Bengal's South 24 Parganas district, top police officials said.Director General of Police Bhupinder Singh said, "It is a consignment of heavy military supplies meant for a consignee in Karachi. Five tonnes of explosives and a huge quantity of arms and ammunition were found after the police detained the vessel."
Federation of Indian Export Organisations president A Sakthivel said the quotations from the Chinese suppliers do not reflect the real value of the dollar, hurting the Indian interests.
Chelsea failed to deliver the Premier League gift that might have taken the suffocating pressure off an absent friend as manager Jose Mourinho was forced to endure yet another defeat at Stoke City.
The mortal remains of Sepoy Karam Chand, who died while fighting Chinese aggressors in Arunachal Pradesh in 1962, were consigned to flames with full military honours in his native village near Palampur on Thursday morning. Touching scenes were witnessed at the cremation ground as his family members had assumed that Chand had been made a Prisoner of War.The martyr's body was spotted under the debris by a detachment of the Border Roads Organisation in Walong area on July 1.
India sharpened measures to curb imports of the yellow metal by hiking the import duty and restricting consignment imports, after shipments jumped to more than 300 tonnes in April and May.
'The Modi government, like the Singh one, has run into what is called a perfect storm, where everything that can go wrong does so at the same time,' points out T C A Srinivasa-Raghavan.
Farmers may be grinning ear to ear as the rain god is smiling on Punjab and Haryana, but industries in these states are busy calculating their losses.
Most listed corporate entities in the country are in a fix. With the sudden declaration in late March of a nationwide lockdown to tackle the Covid-19 pandemic, the final calculations of their financial results for the year 2019-20 (FY20) are hanging in limbo. Till April 19, only 41 of the 3,947 companies listed on the BSE have managed to finalise the dates for the declaration of their yearly financial results.
Finance Minister Arun Jaitley's decision to cut arbitrage may ensure that the standards of purity of the refined gold in the Indian market meet the global benchmark
With the Lodha Committee seeking direction from the Supreme Court on appointment of former Union Home Secretary GK Pillai as observer to "guide" BCCI, the top brass of the board are unaware as to how the process of awarding nearly 100 pending tenders will be carried out.
As he endeavours to reduce trust deficit between India and Pakistan, Prime Minister Manmohan Singh sent a consignment of mangoes to his counterpart Yusuf Raza Gilani on Tuesday. About 20 kgs of special Alphonso mangoes were despatched to the Indian High Commission in Islamabad, which will pass these on to the Prime Minister's office there, sources said.
America's decision to give India exemption from imposition of certain sanctions for the development of the port is driven by the South Asian strategy, which was announced by President Donald Trump in August.
Amid a sombre mood, the mortal remains of former vice-president and thrice Rajasthan chief minister Bhairon Singh Shekhawat were consigned to flames with full state honours in Jaipur on Sunday.
The Finance Commission, which makes recommendations on sharing of tax revenues by the Centre and States, has suggested a new path for fiscal prudence in its report submitted to President Pratibha Patil on Wednesday.
Washington-based Pharmaceutical Research and Manufacturers of America (PhRMA), the representative body of US-based drug firms, has said it does not support the seizure of legitimate generic medicines meant for developing country destinations.
India's disastrous hockey World Cup campaign ended with a 2-4 defeat to Argentina, consigning them to eighth place in the mega-event, in Delhi, on Friday.
The first major consignment of 3,886 Micra cars left the Ennore Port for European markets on Tuesday, Nissan Motor India said.
India and the European Union (EU) have begun discussions to resolve the ongoing dispute over the seizure of Indian generic drugs consignments in transit at European ports. Lutz Guellner, spokesperson for the European Trade Commissioner, told Business Standard that a meeting of the EU-India Joint Customs Cooperation Committee held in New Delhi on Thursday proved "constructive" with an "open discussion of the issues" taking place.
A huge cache of explosives, which was seized by the Patna police during raids conducted over the weekend, was sent by Bangladesh-based terrorist outfit Harkat-ul-Jihad-al-Islami to the Maoists operating in Jharkhand, say Intelligence Bureau officials."The huge consignment of explosives, firearms, live cartridges and chemicals were brought here from Bangladesh, through the bordering districts of Kishanganj and Purnia, to supply to Maoists," said IB sources.
Some packaged food makers have welcomed the move.
Grape producers are facing a loss of an estimated Rs 2.73 billion (Rs 273 crore) as the European countries have rejected consignments from India for using a chemical to preserve the fruit, exporters have said.
The incident caused panic among passengers who were not allowed to exit the terminal for some time.
The first trial consignment of six cars left for Barcelona from its Oragadam plant (near Chennai) through the Ennore Port, on Monday.
Images from the men's singles quarter-finals at Wimbledon, on Wednesday.
The government is planning to approach the dispute settlement body of the World Trade Organization against frequent seizure of Indian medicines at various European ports.
The Department of Pharmaceuticals has submitted a freight subsidy scheme for exporters to the Commerce Ministry so that they could take alternate routes and avoid transit through Europe, which is a shorter route with better connectivity.
Rentals were already high due to strong manufacturing sector growth.
Move comes after agencies unearth several cases of misuse of the 80:20 scheme.
The Department of Revenue Intelligence, Customs and Central Excise have intercepted a container at Cochin, which had arrived from Dubai, suspecting that it is carrying counterfeit currency notes. The owner of the consignment had told the Customs officials that the container had children's diapers and it was brought from China after conducting all clearances, informed sources.
Daniel Sturridge's third goal in as many matches gave Liverpool a 1-0 win over bitter rivals Manchester United in a feisty Premier League match at Anfield on Sunday.
It is a virtual war that has been launched along the Line of Control by Pakistan -- and to add to the misery of constant ceasefire violations is the pumping in of fake currency which in the past six months has been valued at Rs 27 crore.
The need for the body bags and the caskets was felt for the first time during the Kargil conflict.
Two men face each other, knowing that a single kick is about to decide their teams' fate as more than 700 million viewers watch: it must be a World Cup penalty shootout.
