The liquidity crisis at Dewan Housing Finance Corporation Limited (DHFL) has dented the fortunes of ace investor Rakesh Jhunjhunwala, who increased his stake in the troubled company in the March 2019 quarter (Q4FY19).
At Trump's request, India had last month allowed the export of 50 million hydroxychloroquine tablets to treat COVID-19 patients in America, the country worst hit by the pandemic.
'The answer for a quicker boost to growth is simple -- run a much larger deficit, use the resulting public resources to ensure adequate price support for agriculture, subsidise wage costs of MSMEs and accelerate public sector construction-intensive activities,' advises Nitin Desai.
The PM-elect wants to fix the coal sector; cut coal imports by boosting output.
Overseas education consultant NNS Chandra offers advice on how to pick the right international career
Retail inflation inches up to 3.77%; IIP growth dips to 3-month low
On April 21, 2008, Satyam announced its plans to acquire the market research and customer analytics business unit from CAT for a total consideration of $60 million (approximately Rs 300 crore), comprising an initial payment of $10 million (Rs 50 crore), which Satyam paid to the seller on August 6, 2008, besides issuing a $50-million (Rs 250 crore) promissory note.
'I wonder how much of the guilt do I bear for having started off the cycle in the first place by giving her a job,' says Keya Sarkar.
Pride is all ours and of those who made a beeline to Halls 3 and 5 that showcased indigenous defence technologies at the Make In India Week.
Military sources said the research ship Shi Yan 1 forayed into Indian waters in September but was forced to retreat after it was suspected to be involved in spying.
Brokerage house Nomura today said the downward revision of FY'13 growth figure by the Central Statistics Office will have a positive base effect for GDP expansion in the current fiscal.
R-Power, Essar could be hit as state mulls benefit-sharing levy for ecology loss.
Raghu Ramakrishnan, a vice president at Yahoo!, has been awarded the 2008 Innovation Award by the Association for Computing Machinery Special Interest Group on Knowledge Discovery and Data Mining for his significant technical achievements in the field.
The internals of the food inflation are worrying, given a broad-based uptick across categories that tend to be sticky, such as proteins, and a narrower-than-expected reduction in inflation for vegetables.
India's water future remains very bleak. The monsoon season, which once extended to 4 months, is now down to less than 30 days of heavy rain.
When BJP leaders, including Mr Modi's number two, Amit Shah, use the pandemic to launch an assault on state governments run by opposition parties, or to topple them, they are exploiting a grave crisis in cynical political self-interest, notes Shekhar Gupta.
If the protests die down and the bureaucracy speeds up, India might just get a new world-class university. Mining magnate Anil Agarwal is putting $1 billion into this dream.
India's GDP is estimated to contract by a record 7.7 per cent during 2020-21 as the COVID-19 pandemic severely hit the key manufacturing and services segments, as per government projections released on Thursday. Amid overall decline in economic activities, some respite was provided by the agriculture sector and utility services like power and gas supply, which have been projected to post positive growth during the current fiscal ending March 2021.
The Child Protection Services programme under the Integrated Child Development Services was increased to Rs 1,500 crore from Rs 925 crore.
If purists are surprised as to why and how people are not demanding prohibition or not talking about past promises, both in the election manifestos five years back and even those made to the courts, the answer lies in how the state has been evolving and changing these past few years, says N Sathiya Moorthy.
Automation, artificial intelligence, cryptocurrency and virtual reality would demand more jobs.
'Even after vaccines are given, precautions like using a mask and maintaining social distancing have to be taken.'
Mission Shakti 'shows the development within India's military space programme, its desire to be seen as a global space power and its recognition of the potential dangers of China's counterspace programme.'
The rapidly widening gap between mine production and jewellery demand could lead to a strong rally in gold prices culminating in a fresh high this year, according to the latest forecast by Gold Fields Mineral Services (GFMS).The independent London-based consultancy and research company projected that the metal could hit the psychological $1,100-an-ounce barrier this year.
It is the lightest gold nugget ever created, researchers said.
After launching missiles from land and sea, India is in the process of developing suspersonic missile aircraft that would hit long range targets from air.
The entire gamut of China's activities is aimed at keeping India on tenterhooks, cause fatigue to its troops and keeping its security system unstable, so that it cannot play a meaningful role in international geopolitics as an effective partner of the US and Japan, observes Lieutenant General Syed Ata Hasnain (retd).
The modular courses of around ten hours will be conducted live through video conferencing at IIT Kharagpur campuses in Kolkata and Bhubaneswar.
Empathy, creativity, and ability to deal with failure are just some the skills that will prepare students for the future, says Ajinkya Potdar.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The melting of polar ice, he said, had nothing to do with man-made carbon dioxide. They come off due to the physics of ice and the flow of ice, Plimer said.
HSBC Group Service Centre, Kolkata is recruiting Managers, Assistant Managers and Business Analysts.
Iceland retained the top spot while Afghanistan is now the least peaceful country in the world.
There is a high demand for IT professionals who can envision, design and develop applications for the future.
Here's a recap of events that occurred in India in the past 24 hours.
In 2006, Chinese mines produced 240 tonnes of gold, about 10 per cent of global production, and up from 224 tonnes in 2005. Output was just 11 tonnes behind Australia, the world's third largest gold producer. So far this year, gold output is up 13.10 per cent from last year, and reports indicate steady growth over then next five years.
Moody's Investors Service on Friday said India's economy is expected to contract for the first time in more than four decades saying economic damage owing to the coronavirus-induced lockdown will be significant with lower consumption and sluggish business activity. Even before the coronavirus outbreak, Indian economy already was growing at its slowest pace in six years and with the stimulus measures announced by the government falling short of expectations, the disruptions are likely to be greater. "We now expect India's growth to register a real GDP contraction for the fiscal year ending in March 2021 (fiscal 2020-21), from our earlier projection of zero growth," it said in a research note.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
