Former Union home minister Chidambaram lashed out at the government over the alleged sluggish pace of inoculation against the viral disease and claimed that the country will not achieve 100-per cent first-dose vaccination by December 31.
The RBI working group's proposal to allow corporate houses to set up banks is a "bombshell" and at this juncture, it is more important to stick to the tried and tested limits on involvement of business houses in the banking sector, according to an article jointly written by former RBI Governor Raghuram Rajan and ex-Deputy Governor Viral Acharya. They also said that the proposal is "best left on the shelf".
UAE Prime Minister Sheikh Mohammed Bin Rashid Al Maktoum received a dose of the Covid-19 vaccine on Tuesday. Sheikh Mohammed shared a picture on Twitter of him getting vaccinated by a medical staffer.
India's largest two wheeler-maker Hero Honda will pay Honda 45 billion yen (about Rs 2,4.5 billion) till 2014 as part of a new licencing agreement signed between the Hero Group and the Japanese auto major after deciding to part ways on their joint venture.
The Finance Ministry said on Thursday it is holding consultations with the Reserve Bank f India and will approve the draft guidelines for granting new banking licences within 15 to 20 days.
PB Fintech, the parent of Policybazaar and Paisabazaar, has set a price band of Rs 940-950 apiece for its initial public offering (IPO), which will open on November 1 and close on November 3. The company may be valued at around Rs 44,000 crore, and looking to raise an amount of around Rs 5,826 crore. The IPO comprises a fresh issue of Rs 3,750 crore, along with an offer for sale (OFS) of Rs 1959.72 crore by existing promoters and shareholders.
Terming the killing a "cowardly act", the protesters said assurances given by the Centre and the Jammu and Kashmir administration to ensure the safety of minorities in the Valley have proved to be false.
The world knew who Balasaheb's Shiv Sainik was. But who was Uddhav's Shiv Sainik? And most importantly, why did he believe in Uddhav, and not Nitin Gadkari or Devendra Fadnavis?
We must resist the temptation to look at the absolute numbers being vaccinated, and focus instead on the percentage of the population vaccinated, he said in his letter.
There have been increasing complaints regarding hit-and-run cases by vehicles without the registration plates, and also complaints of extortion by gunmen using such vehicles.
The Central Bureau of Investigation (CBI) on Friday raided the home of Delhi Deputy Chief Minister Manish Sisodia and 30 other locations in connection with alleged corruption in the implementation of the Delhi Excise Policy.
The government will send notices to 85 companies asking why their licences should not be cancelled for suppressing facts, said Telecom Minister Kapil Sibal on Monday.
The popular American magazine will be launched in India in 2008.
The most common complaint of financial consumers is cumbersome processes, complicated products, usurious charges, and mis-selling of products, which finally don't deliver what is promised or as expect, notes Debashis Basu.
India's IT and business services market is expected to grow 5.4 per cent annually to reach $13 billion by December this year, research firm IDC said. The segment grew 5.3 per cent year-on-year (y-o-y) in January-June (H1) 2020 period as compared to 8.9 per cent growth in H1 2019, IDC said in a report. Of the IT and business services market, the IT services market contributed 77.4 per cent in H1 2020, growing 5.9 per cent y-o-y as compared to 9.3 per cent growth in the year-ago period.
Seventeen firms had originally applied for the licence but the figure has since come down to 12, with several big players in the mix.
Start your digital detox today before irreversible damage to health and mental complications stalk your life, advises Ramesh Menon.
Under the proposed rules, individuals or companies will have to register with the central licensing authority to run an e-pharmacy; state-wide registration is not required.
Maharashtra minister and NCP leader Nawab Malik on Thursday accused NCB's zonal director Sameer Wankhede and his family of obtaining two separate certificates of his mother following her death in 2015, each mentioning her as Muslim and Hindu.
The proposed amendment to the Cigarettes and Other Tobacco Products Act puts the livelihooNewd of millions of women in jeopardy, according to a study. The new insertion (Section 10A(3)) makes it mandatory for persons to obtain licences, permissions and registrations for manufacturing, selling and distributing any tobacco product, it said. "This insertion if implemented will be an extremely harsh measure for small vendors who do not have the competency or financial means to obtain such licence," said the study by human rights lawyer Vibha Vasuki and senior professor of anthropology Siva Prasad Rambhatla.
Jadhav said the country should have followed the WHO guidelines and prioritised vaccination accordingly.
His father Prakash Singh, who is known for introducing several police reforms and has been awarded Padma Shri as well, had served as the BSF DG from 1993-94.
Few people know Ratan Tata as well as R K Krishna Kumar does. Widely perceived to be among the managers closest to Tata, Krishna Kumar assesses Ratan Tata, the man and business leader, in this exclusive interview to Rediff.com's Vaihayasi Pande Daniel.
The Maharashtra government will amend its agriculture law to protect farmers and Agriculture Produce Marketing Committees (APMCs) as the three central farm laws are not in the interest of agriculturists, state Revenue Minister Balasaheb Thorat said.
Ramdev's herbal medicine company Patanjali Ayurved has launched 'Coronil tablet and Swasari vati' medicines claiming they can cure the highly contagious disease within seven days.
Indian Pro boxer Chandni goes down to Shin Bo in WBO Asia Pacific title clash.
Supreme Court had on October 24 upheld government contention that non-core revenue in telecoms groups should be included in adjusted gross revenue. According to DoT's calculations, Bharti Airtel faces a liability of around Rs 42,000 crore after including licence fees and spectrum usage charges while Vodafone-Idea may have to pay about Rs 40,000 crore.
Meat shops falling under the Gurgaon Municipal Corporation's jurisdiction will remain shut every Tuesday as proposal to this effect was passed by the MC House.
The first nasal vaccine against COVID-19, developed by Bharat Biotech, has received regulator's nod for conducting phase 2 clinical trials, the Department of Biotechnology said on Friday.
Fair trade regulator CCI on Friday ordered a probe against Google for its alleged abuse of dominant position. "In a well-functioning democracy, the critical role played by news media cannot be undermined, and it needs to be ensured that digital gatekeeper firms do not abuse their dominant position to harm the competitive process of determining a fair distribution of revenue amongst all stakeholders," CCI said. It added that the Commission is of prima facie view that Google has violated provisions of Section 4 of the Competition Act, 2002 which pertains to abuse of dominant position.
E-commerce giant Amazon on Thursday announced a $250 million (about Rs 1,873 crore) fund that will focus on digitising small and medium businesses, and driving innovation in the areas of agri-tech and health-tech in India. "Small and medium sized businesses are often the engine and the lifeblood of economies and I think it's true in India as well. "And we are very passionate about trying to enable acceleration of SMBs in fuelling innovation and the economy in India," Amazon Web Services CEO Andrew Jassy said.
Government think-tank body Niti Ayog CEO Amitabh Kant supported the industry demand and called for setting up of a single window clearance system for expeditious approval of projects. Start-ups and small medium enterprises requested the prime minister to provide support in low-cost capital at the virtual launch of space and satellite industry body Indian Space Association (ISpA).
"No government can be formed without Congress, which is a major and deeply-rooted party in the country. Congress is the main opposition party too. Others are regional parties," Raut said in Pune
Some complained of being beaten up as they tried to join the fleeing crowds, purely because of their skin colour.
If that happens, Jet Airways will be the first bankrupt airline which will be revived under the Insolvency process.
The Kerala high court on Wednesday extended till February 7 its interim order putting on hold the implementation of the Centre's bar on Malayalam news channel MediaOne's telecast.
The NIH said results of two studies of blood serum from people who had received Covaxin suggest that the vaccine generates antibodies that effectively neutralise the B.1.1.7 (Alpha) and B.1.617 (Delta) variants of SARS-CoV-2, first identified in the United Kingdom and India, respectively.
Google has removed indigenous social media app Bolo Indya from Playstore on a copyright complaint made by music company T-Series. Super Cassettes Industries Pvt Ltd, which operates under the brand name T-Series, has served an infringement notice to social media and video sharing platforms about a year ago to pay around Rs 3.5 crore in damages from using its copyrighted contents. While most of the companies have settled the row with T-Series, Bolo Indya is yet to come to terms with the music company.
The case relates to alleged violation of norms by directors of the aviation company for relaxation of 5/20 rules to get licenses for international operations
Paving the way for takeover of crisis-ridden Punjab and Maharashtra Cooperative Bank (PMC), the Reserve Bank of India on Friday granted in-principle approval to the Centrum Financial Services to set up a small finance bank. Centrum Financial Services was one of the applicants for takeover of the PMC Bank. "This 'in-principle' approval has been accorded in specific pursuance to the Centrum Financial Services Limited's offer dated February 1, 2021, in response to the expression of interest notification (November 3, 2020) published by the PMC Bank Ltd," the RBI said in a statement.
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