Business leaders, among others, ask govt to let go of fiscal target, seek stimulus, and direct cash transfer.
A successful entrepreneur from Karnataka, Rajeev founded Jupiter Capital, a venture development managment and investment company, in 2005 and launched the Kannada channel Suvarna in 2007.
Mathai George George Muthoot joined the family business as an office assistant and in 1979 he became the managing director and group chairman in February 1993.
According to Rajnish Kumar, the government investments alone cannot achieve it and there is a need for huge investments in the infrastructure sector which would result in boosting the GDP.
Noted economist and senior Trinamool Congress leader Amit Mitra is likely to step down as the West Bengal finance minister and even retire from active politics due to ill health, party sources said on Sunday.
"We now realise that the so-called farmer agitation hardly remains a farmers' agitation. It has almost got infiltrated by Leftist and Maoist elements, a flavour of which we saw over the last two days when there were extraneous demands to release people who have been put behind bars for anti-national (and) who have been put behind bars for illegal activities," Goyal, the Minister for Railways, Commerce and Industry and Food and Consumers Affairs, said at FICCI's annual meeting.
It would be a trial on children aged 2-18 years for which Bharath Biotech may get the licence in the third quarter of this year.
Increase in the value of Rupee combined with rising interest rates has resulted in erosion of profitability and competitiveness of Indian exports by up to 12 per cent, according to a report by Ficci.
Narinder Batra said that the government is supporting all sports in the country and there is a lot of positivity among players and they want to get back on the track.
Reversal in the declining economic growth trajectory is clearly the need of the hour and all steps should be taken to bring about this change.
Chains such as Fortis generate a significant portion of their revenue through health insurance policy reimbursements.
Sunak announced that the Immigration Health Surcharge (IHS) would be hiked from 400 pounds to 624 pounds.
Days after the government went public with its intent to examine a Sebi order in the NSE matter, its outgoing chairman Ajay Tyagi on Wednesday made it clear that the markets regulator did not "dilute" any of the quasi-judicial verdicts. The comments assume significance as they come after Finance Minister Nirmala Sitharaman, as per reports, recently said the government is examining if Sebi has taken "necessary punitive" action in the case. In a media interview, the FM had said the government was analysing if there had been "enough application of mind in dealing with this" and if after applying its mind, Sebi took adequate corrective steps.
There could be multiple measures announced in quick succession, not only by the finance minister but also other ministers regarding their respective sectors, and by the Reserve Bank of India. The total size of these announcements could rival that of other G-20 nations as a percentage of GDP.
'Even troubles/challenges seek attention/respect.'
The survey predicts that agricultural growth would contract by 1 per cent this fiscal, but the industry would grow by 8.5 per cent, and services by a smart 9 per cent.
Wipro founder chairman Azim Premji on Monday said the pandemic has been a "magnifying glass" for structural inequities and injustices that exclude millions of citizens from a life of basic dignity, and has made clear the fundamental role of public systems.
After navigating the turbulent pandemic waves, the recovering Indian economy is now sailing through unchartered waters of rising coronavirus cases, spiralling commodity prices and spiking inflation though the lighthouse of sustainable growth remains visible. As 2022 begins, a raft of developments, ranging from Budgetary announcements to continuation of stimulus measures to monetary policy, will set the tone for the domestic economy, which is projected to grow more than 9 per cent in the current fiscal ending March 2022. The country's continuing massive vaccination drive and 'precaution' doses starting for select categories of people this month will provide a firewall against any steep spike in coronavirus cases amid the emergence of the Omicron variant.
To reap the benefits following India and Pakistan governments' decision to further bilateral trade ties, a high-powered 70-member delegation of the Federation of Indian Chambers of Commerce and Industry
In order to give Corporate India the much-needed boost in its quest for growth and competitiveness, Federation of Indian Chambers of Commerce and Industry on Thursday presented the finance minister a 14-point fiscal correction agenda.
The Union Cabinet has cleared a proposal to provide Rs 30,600 crore government guarantee for security receipts issued by the National Asset Reconstruction Company (NARCL) as part of resolution of bad loans, Finance Minister Nirmala Sitharaman said on Thursday. The proposed bad bank or NARCL will pay up to 15 per cent of the agreed value for the loans in cash and the remaining 85 per cent would be government-guaranteed security receipts. The government guarantee would be invoked if there is loss against the threshold value.
Two fire officials were seriously injured while trying to contain the blaze which broke out around 1.45 am.
The committee has recommended Rs 8,000-10,000, Rs 13,000-15,000, and Rs 15,000-18,000 including PPE costs for isolation beds, and ICUs with or without ventilator, respectively, to all hospitals. Currently, hospitals are charging Rs 24,000-25,000, Rs 34,000-43,000 & Rs 44,000-54,000 (excluding PPE cost).
In an address at the annual general meeting of industry chamber FICCI, Singh said the 'unprovoked aggression' on India's Himalayan frontiers is a reminder of how the world is changing and how existing agreements are being challenged.
Sebi chief Ajay Tyagi on Wednesday said many companies are lacking on the disclosure front and asked such firms not to treat it as a check box exercise. Sebi rules primarily require listed firms to have two sets of disclosures - periodic disclosures where formats have been prescribed by the regulator; and disclosures of material events where certain events have been deemed as material and must be disclosed, and the others to be disclosed if considered by the company and its board to be material.
Projects worth over Rs 70,000 crore (Rs 700 billion) to upgrade technology have been kickstarted in the country.
The armed forces will completely ban the import of clothing, required to sustain its soldiers at extreme temperatures across the country, if the Indian textile industry is able to innovate and manufacture them, said Chief of Defence Staff (CDS) General Bipin Rawat.
Companies such as Uber, Accenture, BNY Mellon, The Lalit, Kronokare and Unhotel will be hiring candidates for various roles.
Maharashtra Chief Minister Uddhav Thackeray on Saturday said he had tried to contact Prime Minister Narendra Modi on phone regarding the oxygen supply for the state but the PM was not available since he was busy campaigning for the West Bengal elections.
The AAP government withdrew the approval given by the Sheila Dikshit-led government on allowing FDI in multibrand retail in Delhi.
Highlighting India Inc's drive for fresh investments, FICCI on Thursday called for the revival of development finance institutions by allowing agencies like IFC and ADB to play strategic roles in DFIs.
Stating that India's consolidated deficit is the highest among the G20 nations, Gopinath added it is important for India to undertake reforms.
The launch of e-RUPI, a person- and purpose-specific digital payment solution, by the government is expected to completely negate any pilferage and will ensure full benefit to intended beneficiaries, India Inc said on Monday. Prime Minister Narendra Modi has launched e-RUPI, which is aimed at improving transparency and targeted delivery of benefits. PHD Chamber of Commerce and Industry president Sanjay Aggarwal said that the move is a significant step to enhance the digitisation process of the country.
As the country moves towards creating a spot gold exchange, markets regulator Sebi's whole time member G Mahalingam on Wednesday suggested routing all the imports of the precious metal through the exchange ecosystem in the future. Such a "funnelling" would ensure that gold monetisation takes place right at the source as the metal enters the country, he said while addressing a conference organised by industry lobby Ficci. However, he also noted that the issue has not been dealt with in the papers floated by Sebi.
Mittal said any company, which does business that can cause loss of life of a magnitude where an entire township could be wiped out, needs to be responsible enough not only on technology but also that the backup is enough.
"Now the gof India has decided to soon initiate procurement from local industries to reduce import dependence," he said. Reddy, the Union Minister of State for Home, said for many years India was dependent on worldwide Original Equipment Manufacturers (OEMs) for procuring arms and ammunition.
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