For his first Budget in July 2014, Jaitley inherited a fiscal deficit target of 4.1 per cent of GDP. From 4.1 per cent, the fiscal deficit came down to 3.4 per cent by 2018-19, with two slippages from the budgeted targets, in 2017-18 and 2018-19, the former due to introduction of the GST, says Arup Roychoudhury.
About 50 per cent of the accounts that availed of the EMI moratorium amid the pandemic, which made things worse in an already slowing economy, are expected to be restructured, and of these accounts that would undergo restructuring, one-third, or Rs 6-9 trillion, could turn into NPAs.
Chennai Super Kings coach Stephen Fleming lost his cool and lashed out at those questioning the thought process behind sending Kedar Jadhav ahead of Mahendra Singh Dhoni in their Indian Premier League match against Sunrisers Hyderabad, on Friday.
In a meeting on Thursday evening, the RCom management, led by CEO Punit Garg, requested the bank representatives to release Rs 260 crore it received as I-T refund so that it could repay the dues to Ericsson.
In a Facebook post on the second anniversary of demonetisation, Jaitley said in first four years of the National Democratic Alliance government, the number of income tax returns filers has gone up to 6.86 crore from 3.8 crore in May 2014.
Experts point to the bitter experience of countries including Mexico, Thailand, South Korea and Russia and desist from going forward with plans of issuance of such securities. They say rather than going abroad, the country should increase participation of foreign investor in the government securities which does not have any forex risk.
Sreesanth, who was part of the triumphant Indian squads in the 2007 World T20 and the 2011 World Cup, was earlier named in one of the squads for a local T20 tournament to be conducted by Kerala Cricket Association in Alappuzha from December 17.
Former Chief Information Commissioner Wajahat Habibullah had earlier told the top court that the protest was peaceful and inconvenience being caused to commuters was due to barricades "unnecessarily" put by police on roads far away from the site.
It's party time for the team.
The driver and the conductor of a bus that got stuck at the Minto Bridge underpass due to waterlogging were rescued by fire department personnel, officials said.
A plea was on Friday filed in a Delhi court to seek its nod to examine Prime Minister Manmohan Singh and Congress President Sonia Gandhi as witnesses in a private complaint case filed against Union Home Minister Sushilkumar Shinde for his alleged "Hindu terror" remarks made at Jaipur.
Images from Saturday's Indian Premier League match between Kings XI Punjab and SunRisers Hyderabad, in Dubai.
Uttar Pradesh comfortably beat Delhi by 46 runs to reach Hazare semi-final.
Leading automakers Maruti Suzuki, Hyundai and Tata Motors on Thursday reported robust sales in March as a shift towards personal mobility and pent up demand continued to help companies push dispatches to their respective retail partners. Toyota Kirloskar Motor, Honda Cars and Mahindra and Mahindra (M&M) also reported strong sales last month as compared to the year-ago period, when dispatches were adversely impacted due to the impending transition to BSVI from April 2020 and the nationwide lockdown to contain the coronavirus pandemic. The country's largest carmaker Maruti Suzuki India said its domestic sales stood at 1,49,518 units last month. The auto major had reported sales of 76,976 units in March 2020.
Taking suo motu cognisance of media reports on the incident, the court initiated proceedings at 1 pm, Registrar General (RG) Dinesh Kumar Sharma said.
Be it bad loans resolution or his uncanny focus on inflation fighting which earned him criticism of being a policy hawk, Acharya was at the centre of it all and deftly steered the policy machinery.
Time is fast running out for the Mahendra Singh Dhoni-led Chennai Super Kings, a team which desperately needs its batting to click when it takes on SunRisers Hyderabad in Dubai on Tuesday in a battle to keep its IPL hopes alive.
The 13th edition of the IPL will have added significance as 2020 is also a T20 World Cup year.
Images from Sunday's IPL match between Sunrisers Hyderabad and Rajasthan Royals, in Dubai.
A Delhi court on Monday granted bail to one of the alleged middlemen in the Rs 10-crore railway bribery case while reserving its order on the bail plea of Vijay Singla, nephew of former Railway Minister Pawan Bansal.
Twenty-five tenders were rushed to the spot to douse the fire.
The rate of cash withdrawals over deposits was almost double in Uttar Pradesh, Andhra Pradesh and Telangana, according to the latest analysis submitted by the RBI to the finance ministry.
Dilip Pandey, Atishi and Raghav Chadha, who unsuccessfully contested the 2019 Lok Sabha polls, will also contest the assembly elections to be held on February 8.
While India's GDP growth slowed to five-year low of 5.8% in Q4, China grew at 6.4%.
The incident took place at Asawati village in the Faridabad parliamentary constituency where polling was held on May 12.
A K Bhattacharya lists three reasons why Finance Minister Arun Jaitley will most likely present a full Budget on February 1, 2019.
Finance Secretary Hasmukh Adhia vacates his post on November 30 and Expenditure Secretary Ajay Narayan Jha, the second seniormost bureaucrat in the finance ministry, retires on January 31, the day before Jaitley presents the 2019-20 interim budget.
Royal Challengers Bangalore will look to shrug off the disappointment of two back-to-back defeats and get back to winning ways when they taken on Sunrisers Hyderabad as they aim to seal their place in the play-offs, in the IPL match, in Sharjah, on Saturday.
Among the Indians, while Robin Uthappa was bought by Rajasthan Royals for 3 crore, Test specialists Cheteshwar Pujara and Hanuma Vihari went unsold.
Reader Virinder Bahadur Garg has sent us this photograph of the popular television anchor and actress.
The junior Ambanis - Anmol and Anshul - were inducted on the board to respect the wishes of the shareholders who during the recent AGM asked the management to get fresh blood into the company by bringing them on board.
Continuing its probe into covert activities of Lashkar-e-Tayiba, the National Investigation Agency has arrested a man hailing Bihar in the national capital,
Fury over the death of a 21-year-old Indian man in West Footscray on his way to work at a fast-food outlet on Saturday night has spilled onto India's news websites.
Images from Sunday's Indian Premier League match between Mumbai Indians and Sunrisers Hyderabad, in Sharjah.
The group will be in a better position to now scale up most of its segments irrespective of government policy, but the bad news others add is its growing debt.
Delhi Capitals have made the perfect start to IPL, with two morale-boosting victories, while SunRisers Hyderabad are the only side yet to register a win in the tournament, having lost both their games.
As Arvind Kejriwal-led Aam Aadmi Party registered a thumping victory in the Delhi assembly polls, take a look at how the heavyweights fared.
Apart from navigating the bank through the Covid crisis, Jagdishan may also have to deal with the latest development on the auto loan lending practice scam. He will be expected to deliver consistent profit growth of 20 per cent-plus quarter after quarter, irrespective of the operating environment.
Most Indian start-ups and e-commerce are largely funded by foreign investors
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