India's stock exchanges have decided to jointly introduce the T+1 settlement cycle in phases from February 25, beginning with the bottom 100 stocks by market capitalisation. From March 2022, on the last Friday (or the immediate next trading day) of every month, the next 500 stocks from the bottom will be subject to T+1 settlement. The phase-wise implementation is expected to give all market participants, including foreign portfolio investors (FPIs), ample time to shift to the shorter cycle. The settlement cycle represents the time period within which the stock exchanges have to settle security transactions.
'In his first speech in Parliament, Modi spoke about the slavery of 1,400 years, and though he didn't say in so many words, the meaning was that he had come to re-establish a Hindu Rashtra.'
To mark the day, the BJP has asked its workers to facilitate the COVID-19 vaccination drive as it eyes record-breaking numbers on Friday.
Paes, having proved his mettle in tennis courts, now sought to champion the cause of common people as 'I have always wanted to serve the country in one way or the other'.
The prime minister in his intervention at the session on "global economy and global health" also flagged the issue of facilitating international travel and talked about the mechanism of mutual recognition of vaccine certification as a means of achieving this, according to the text of his intervention shared by his office.
'Every religion is sacred and beautiful. There's no reason for people to hate each other because they practise different faiths.'
In a late Tuesday evening development, RBI raised the repo rate, or the rate at which it lends to banks, by 50 basis points to 8.50 per cent. The cash reserve ratio, or the proportion of deposits kept with the central bank, will be increased by 50 basis points to 8.75 per cent.
5G networks in India can be deployed in three months but in limited areas as the optical fibre based infrastructure to support the technology is not ready yet, telecom industry players said on Tuesday. Nokia India head of marketing and corporate affairs Amit Marwah said that India has to take a call on deployment of 5G services otherwise it will miss to take advantage of the next generation technology that it can bring for the economy.
Finance Minister Pranab Mukherjee has said that the successful implementation of the Goods and Services Tax (GST) can give a trillion-dollar boost to the economy, taking the total output to $2 trillion in a short span of time.
The government is committed to taking India forward on the path of modernisation and industralisation to make it a superpower of knowledge economy," said the prime minister.
It's always been a struggle for economists and statisticians to forecast India's gross domestic product (GDP) correctly, and say where the economy is headed before the official numbers come out. If estimating the GDP is tough, forecasting it in real time is complicated. It involves looking at tens of indicators, such as industrial production, electricity consumption and exports, to arrive at a number.
In a recent letter to Union Home Minister Amit Shah, SII said its employees have been working round the clock in spite of various challenges because of the pandemic.
Earlier, Ambani had announced that RIL's telecom arm Jio will strive to make India free of 2G by migrating from feature phones to an affordable smartphone.
Poonawalla, who is in London, however, noted that the company is making every effort to enhance production of Covishield amid the second wave of COVID in the country.
It is largely due to his vision and efforts that we have almost quadrupled our per capita milk availability in the last 40 years, points out Shailesh Dobhal.
A key government official involved in initiatives to make doing business in the country easier said improving the ranking to 50th in a year was not possible but the country could certainly do that over two years.
'Today, he has lived up to everyone's expectations and made India proud'
'Father always wanted Siraj to play for India and make India proud in the cricketing field, but unfortunately, he is not there to see this glorious moment in Siraj's career.'
Gokhale has said that China used its "close connections" with the Left parties in India to "build domestic opposition" to the Indo-US nuclear deal.
Aadhaar architect Nandan Nilekani on Friday India is well-placed on the government and businesses fronts to leverage artificial intelligence (AI) in unique ways to solve challenges and tap into opportunities. Nilekani noted that over the last few years, the government has focussed on how to make transactions more efficient and effective, which has driven digitisation across the board. He added that as a byproduct of this, huge data now across systems has been generated and that the time is right to apply AI across the board to India's most challenging issues across areas like healthcare and education.
Flamboyant India and Mumbai Indians batman Suryakumar Yadav, who made his international debut against England after a lengthy wait on the sidelines, recalled being nervous on the momentous day but a simple advice to self calmed him down.
Asserting that India had become politically stable during the past five years, L K Advani asked the Indian expatriates to help make India a developed country by 2020 and assist their less fortunate brethren in economic development.
The T20 World Cup is scheduled to be held in India in October and November this year.
Here's the full text of address to the nation by President Ram Nath Kovind on the eve of the Republic Day 2022.
Since 2014, many of Mohan Bhagwat's speeches have acted as cues for government policy.
There should have been a focus on sanitation and not on littering or garbage. Absence of sanitation affects the health of children, explains Aakar Patel.
Prime Minister Narendra Modi on Friday launched the second phase of the Swachh Bharat Mission-Urban and Atal Mission for Rejuvenation and Urban Transformation.
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).
The number of forms to be filled to operate drones in the country have been reduced to six in draft 'Drone Rules, 2021' in comparison to 25 forms mentioned in the Unmanned Aircraft System (UAS) Rules, 2021, it said.
Asian Para Games bronze medallist Krishna, who had claimed two gold medals at the Dubai Para badminton International Championships in April, was also over the moon to know about his qualification.
India might be heading towards a "serious livelihood crisis" as the situation seems to be worse this time for the working class amid the COVID crisis and local restrictions by states already add up to something close to a nationwide lockdown, according to noted economist Jean Dreze. In an interview to PTI, he also said the government's target to make India a $5 trillion economy by 2024-25 was never a "feasible target" and was just to pander to the "super-power ambitions" of the Indian elite. About the impact of the second wave of COVID on the Indian economy, the eminent economist said the situation today is not very different from what it was around this time last year as far as working people are concerned.
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.
In a memorandum submitted to chief electoral officer Satyabrata Sahoo on Thursday he said Gandhi's political campaign in the educational institution violated provisions of the model code of conduct for which strict action including "prohibitory orders for his poll campaign in Tamil Nadu is required."
Prime Minister Narendra Modi on Friday inaugurated the second Khelo India Winter Games in Gulmarg and said that the event is a step towards making Jammu and Kashmir a hub of winter sports in the country.
Images from the felicitation for India's Tokyo Olympics medal-winners, in Delhi, on Monday.
Volvo on Tuesday inaugurated its new technology centre at Bagmane Park in Bangalore. The technology centre will support Volvo group activities in the areas of IT and truck product development.
Dubai-based auto component major Parts International Company on Monday said it would invest approximately Rs 16 crore
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