The four-member fact-finding committee recommended Vice Chancellor M Jagadesh Kumar be dismissed and criminal investigation initiated against him. It also demanded a complete rollback of the JNU fee hike.
Mumbai, Bengaluru, and Kochi airports have hiked their landing charges by up to 45 per cent, increasing the operating cost for airlines at a time they are facing financial constraints because of the two months of grounding and weak demand.
'He has gone through several financial crises and emerged from it. He will find a way out of this one too.'
Some of the leading fund houses have already hiked upfront fees and annual trail commissions in certain schemes. The country's second-largest fund house, HDFC Mutual Fund, has raised the upfront commission to 0.8 per cent for investments of less than Rs 5 crore and the trail commission to 0.4 per cent for first and second years. DSP Blackrock has hiked the upfront commission to 0.45 per cent and the trail commission to 0.4 per cent for first and second years.
The central contracts stand-off between Pakistan Cricket Board and top national players ended on Wednesday.
The implementation of the NEP and four-year undergraduate programme were approved by the Standing Committee on Academic Matters and the Academic Council last week.
While most borrowers calculate the gain they stand to make from switching to a lower interest rate, they often fail to take into account all the costs.
Undeterred by the threat of coronavirus infection or the 'special corona fee' of 70 per cent levied on alcohol, hundreds of tipplers queued up outside liquor vends in the national capital for the second consecutive day on Tuesday, keeping the police on their toes.
Dear Finance Minister, We don't expect magic, just a little understanding and some tax relief that feels like a real reward, not a bare minimum. A little extra fuel in our wallets could go a long way, pleads Vatsal Ramaiya
Jawaharlal Nehru University Students' Union president Aishe Ghosh, who was injured in the violence at the university, was discharged from the AIIMS in New Delhi on Monday. Ghosh suffered head injuries in the violence that took place on the campus on Sunday.
The services sector growth in India fell to a one-year low in November on softer expansions in new work intakes and output, despite receding price pressures, a monthly survey said on Tuesday. The seasonally adjusted S&P Global India Services Business Activity Index fell from 58.4 in October to a one-year low of 56.9 in November. Despite witnessing a month-on-month decline, the rate of expansion was stronger than its long-run average.
The Board of Control for Cricket in India's Committee of Administrators (COA) on Tuesday doubled the annual retainership amount to Rs 2 crore for seven Grade A cricketers, including captain Virat Kohli and former skipper Mahendra Singh Dhoni.
India's largest PSU bank, State Bank of India, delivered excellent results, once the impact of a big jump in employee expenses was adjusted for. The net interest income (NII) beat the Street due to a better net interest margin (NIM) and good loan growth. The credit growth at 5.2 per cent quarter-on-quarter (Q-o-Q) (15 per cent year on year) was excellent for a large bank.
This country is a democracy. Why only artistes, even a common can go anywhere and express his opinion, Javadekar said.
As per the initial version of the Unified Licence on August 2, DoT had exempted Internet services revenue from adjusted gross revenue -- part of telecom company's earnings on which annual licence fee is levied.
The three-member committee of experts, which has recommended a substantial hike in the salary and allowances of Delhi MLAs, on Wednesday justified their proposal saying it was a product of "careful and thorough" examination and will not make city legislators the highest paid in the country.
The GST rate on mobile phones will be hiked to 18 per cent while that on maintenance repair overhaul (MRO) services for aircraft will be lowered to 5 per cent with effect from April 1, Finance Minister Nirmala Sitharaman said on Saturday. The GST rate on handmade and machine-made matchsticks has been rationalised to 12 per cent from 5 per cent and 18 per cent respectively.
It is the first time that the JMI has been placed among the top 10 universities in the (HRD) Ministry's National Institutional Ranking Framework rankings.
The move is aimed at raising funds for the $600 million spending plan to boost security at the porous US-Mexico border.
'Try to obtain a secured personal loan or credit card by offering some collateral, such as a fixed deposit or gold.' 'Not only will this improve your eligibility, but the lender may even offer a lower interest rate.'
SEBI has published data showing that more than 90 per cent of investors lose money in futures and options, explains Harsh Roongta.
Vodafone Idea (Vi) is in continuous talks with network vendors to finalise its 5G rollout plans, Vodafone Idea CEO Akshaya Moondra said. "We are in early stages of 5G deployment. "5G is an important development and we are keeping our eyes on it," Moondra said on Wednesday in a post-result analyst call. Already five months behind rivals Jio and Airtel in the 5G race, Vi's efforts will be on the deployment of 5G in target geographies.
Manufacturing activities in India accelerated further and touched a four-month high in April, boosted by robust new business growth, mild price pressures, better international sales, and improving supply-chain conditions, a monthly survey said on Monday. The seasonally adjusted S&P Global India Manufacturing Purchasing Managers' Index (PMI) increased from 56.4 in March to 57.2 in April, indicating the fastest improvement in the health of the sector so far this year. The March PMI data pointed to an improvement in overall operating conditions for the 22nd straight month.
Experts say companies wanting to launch IPOs will have to scale back their expectations given the fall in valuations.
Even though electric two wheeler (e2W) companies saw a slight recovery in July of 12 per cent with 49,518 registrations - after a wash out in June because the government slashed the FAME 2 subsidy by a third - registrations are still lower for the second month in a row compared to April FY24. The slow pace has raised doubts about whether the registrations will reach anywhere near either Niti Aayog's ambitious target of 2.4 million vehicles in FY24 or whether they will be closer to the trimmed down industry expectation of around one million. In June, e2W registrations plunged to a mere 44,253, the worst month in more than a year, as companies hiked scooter prices.
'I am willing to help/assist in any way to help bring in a change. It's shocking to say the least that the payment system hasn't been changed since 2004. Imagine the value of 100 rupees then and now. It is so different' 'The guys can't even plan their future because they don't know whether they would earn Rs 1 lakh or Rs 10 lakh in that year and it leads to huge issues in their lives and families and (affects) state of mind. Anyway, let's try and gently make a change for our brothers'
The five-member panel will recommend measures to ensure safety of students and will probe lapses in security, if any. The students and civil society members, meanwhile, took out a protest march demanding resignation of the V-C.
The sector seems set for a rally that may be somewhat temporary.
Every banker loves the four-letter word Casa as it plays an important role in lowering the cost of deposits. Every bank wants to increase its Casa, as a higher portion of Casa in the overall deposit liability brings down its cost of money, points out Tamal Bandyopadhyay.
India's manufacturing sector activity moderated in January amid slower increase in total sales, and headcounts were broadly unchanged amid sufficient staff numbers to cope with current requirements, according to a monthly survey. The seasonally adjusted S&P Global India Manufacturing Purchasing Managers' Index (PMI) fell from December's recent high of 57.8 to 55.4 in January, as factory orders and production rose at sharp, albeit slower, rate. The January PMI data pointed to an improvement in overall operating conditions for the 19th straight month.
SBI Cards and Payment Services reported numbers that met Street expectations in the first quarter of the 2023-24 financial year (Q1FY24). The net profit came in at Rs 590 crore, while pre-provision operating profit grew 17 per cent year-on-year (YoY) (a little better than expectations). But provisions were hiked due to surprise stress from pre-Covid-19 period of 2018-19, and that dragged earnings.
The stage is set for the loading of cash into automated teller machines (ATMs) through the cassette-swap mode with an initial four-phased roll-out across 30 cities from June 1. The lockable cassette-swap will do away with the current practice of open-cash replenishment into ATMs. Cash-in-transit (CIT) firm personnel, tasked with loading cash into ATMs, will not have to touch it anymore. Cash-handling will be done by CITs at the cash centre, and the task of taking into account the amount of cash remaining from the last cassette-load will also be made simpler.
Online skill-based gaming industry has made a case for retaining the service under 18 per cent GST slab instead of putting it into the highest 28 per cent tax rate category, saying the move will badly hit the $2.2-billion sector. The increase in taxation would not only have catastrophic impact on the industry but also encourage offshore operators who would circumvent Indian tax jurisdiction by hosting games in some other country, Games24x7 Co-CEO Trivikraman Thampy said. "It would be a triple whammy -- the industry loses out, the government loses out on tax revenue and players loses out as they would be exposed to unscrupulous operators," he said.
C P Chandrasekhar, who has served on key statistical panels in the past both as a chairman and member, said he was present in the campus when the ruckus broke out on Sunday and found the incident "disturbing" and "unprecedented", and that it further undermined the faith in the system. Somesh Jha reports.
The rupee depreciation will work in favour of students who are currently studying in the US and plan to secure a job that pays in dollars.
First Rajya Sabha approved the Rs 45 lakh-crore spending proposed in the Budget, followed by the nod to the Finance Bill that contains tax proposals.
'Unlike on the western and eastern borders where there is an enemy at the gate, here there is an invisible enemy which is building its own capability and can come into play at a time and place of his choosing.'
Suresh Prabhu announced ambitious plans.
Six years ago, the company discovered an incident of embezzlement of about $4 mn by an employee.
