'Over the next two quarters, markets will be guided by observing the earnings resilience of corporates during the second lockdown, progress of the monsoon and the damage, if any, to rural spending power due to the second wave.'
Sitharaman said the government also proposes Pradhan Mantri Matsya Sampada Yojana to address critical infrastructure gap in fisheries sector.
'We are having an outsize impact not only on the lives of the customers and livelihood, but also the economy of India.'
The Kerala Tourism Development Corporation boat 'Jalakanyaka', which sank in the Thekkadi lake in the first week of October, killing 45 tourists, suffered from faulty construction.A probe conducted by a committee appointed by the state government and headed by Dr Pyarelal, head of the department of Ship Technology in Cochin University of Science and Technology, has concluded in its report that there were severe technical faults in the construction of the boat.
The royalty payment obligations will be subject to arbitration.
RBI Governor Shaktikanta Das on Thursday said financial inclusion will continue to be a "policy priority" for the central bank to make the post-pandemic recovery more equitable and sustainable. The Reserve Bank of India will very soon be coming out with the first financial inclusion index, which will assess progress in terms of access, usage and quality, Das said, while speaking at the Economic Times Financial Inclusion Summit. It is the responsibility of all stakeholders to ensure that the financial ecosystem (including the digital medium) is inclusive and capable of effectively addressing risks like mis-selling, cybersecurity, data privacy and promoting trust in the financial system through appropriate financial education and awareness, he added.
Record-busting shoes loom large in marathon debate
Navy chief Admiral Sunil Lanba's wife Reena Lanba launched the submarine, which has been constructed by shipbuilder Mazagon Dock Limited in Mumbai.
The Maglev train takes 19 minutes and 30 seconds to complete the 18.5 km journey.
'It is entirely possible that there are many treasures of our history and our faith buried deep underground,' points out Rajeev Srinivasan.
Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.
The proposed policy is increasingly becoming an item of negotiation, as the US pushes hard to change India's stance.
SoftBank will hold majority stake in the joint venture.
IT, FMCG and manufacturing sectors are less attractive to foreign portfolio investors
Sumitra Mahajan has written a letter to the Centre proposing to build a state-of-art Parliament building as the existing 88-year-old structure is showing signs of 'distress'.
Online travel portals and airlines say the demand from companies is being led by essential services sectors like pharmaceutical, oil and gas, and power.
Reliance Industries Ltd on Thursday announced a Rs 75,000 crore investment in new energy business over the next three years as the operator of the world's largest oil refinery pivots towards a greener and cleaner version. Reliance will build solar manufacturing units, a battery factory for energy storage, a fuel cell-making plant and an electrolyzer unit to produce green hydrogen as a part of the business, chairman Mukesh Ambani said at the company's annual general meeting with shareholders on Thursday. It will also set up 100 gigawatts (GW) of solar power generation capacity by 2030 and invest in setting up a carbon fibre plant.
Three stockmarket experts give their best picks for the New Year.
Observing that Laxman rekha of separation of power is 'sacrosanct,' Chief Justice of India N V Ramana Friday said at times courts are compelled to intervene in the interest of justice and the intention is to nudge the executive, and not to usurp its role and they should not be projected as judiciary targeting another institution.
Social media platform Twitter is learnt to have written to the government that it is in advanced stages of finalising chief compliance officer as per the new IT rules and additional details will be submitted to the government within a week, according to an official source.
The number of new jobs created declined by around 65 per cent to 64,000 in April-June 2017, from 185,000 in January-March 2017, according to the Labour Bureau's quarterly report on employment.
Highlighting the role of MSMEs in enhancing exports and helping the country achieve self reliance, Union Minister Nitin Gadkari on Monday said India does not need to import from China. "Already in automobile sector, in many sectors now, in agriculture, automobiles, everywhere, we have already found the solutions. Now we don't need to import from China," said the minister. He observed that India was exporting a lot of items instead of importing them.
'Defence funding is channelled to State-owned research organisations where scientists are merely bureaucrats holding meetings and sending out minutes of meetings and press releases, but have long ago stopped any innovative work.' 'Unless this tragedy is fixed, India's chances to create world-conquering and job-creating new industries are slim,' says Ajit Balakrishnan.
China will prioritise the development of a floating nuclear power platform in the coming five years.
Larsen & Toubro (L&T), India's largest construction and engineering player, has lost as many as 14 large orders in the country because companies that don't possess adequate technical expertise and experience, of late, have won the projects by bidding lower, claimed A M Naik, non-executive chairman of L&T. But the company has made up for the losses by winning projects overseas, where it has acquired a sizeable market share amid tough competition from large global players, he said.
'Some are doing one vaccination with one mobile number and the second with another.' 'Creating more accounts will not multiply the number of slots.'
The senior RBI official, who assumed office on July 31, a day before he was to retire from the state-run Bank of Baroda as its chairman, said developments in construction technologies should make it possible for developers to bring down home prices.
The launching ceremony for the first warship was held at the Hudong Zhonghua Shipyard in Shanghai on Sunday. Pakistan-China defence ties turn a new chapter with the launch of the first ship of Type-054 class frigate, Pakistan's state-run APP news agency reported.
India has been maintaining that China has no locus standi in commenting on Jammu and Kashmir.
So vaccinate employees and families, staff at home, rickshaw drivers, milkmen, service providers, shopkeepers and street vendors, says Naushad Forbes.
The labour force at large has turned less needy, due to various government financial incentives and freebies.
'Women's voices are too high or too low, or they are seen as too short or too tall, or too fat or too thin, to be great leaders.' 'These judgments wear us down.'
Prime Minister Narendra Modi on Friday launched the second phase of the Swachh Bharat Mission-Urban and Atal Mission for Rejuvenation and Urban Transformation.
In the test, a space rocket boosted a hypersonic glide vehicle, one capable of carrying a nuclear device, which circled the globe before impacting.
'When we talk of disaster, it is a combination of hazard and vulnerability.' 'If we reduce vulnerability, it will remain a hazard.'
'We don't have any more time.' 'We should close down, and vaccinate as many people as possible.'
At the outset, decide whether you want to be a trader or an investor, suggest Sarbajeet K Sen and Sanjay Kumar Singh.
The move by Westinghouse, which is to build six reactors in India under the Indo-US civil nuclear deal inked in 2008, has raised uncertainties over the future of the implementation of the historic pact.
Like ants declining to question the rules of the anthill, they feel innately justified in their approach, notes Shyam G Menon.
Russia and China have a broad consensus today on almost all core issues related to global strategic stability, which is unprecedented in modern history, observes Ambassador M K Bhadrakumar.
