In the late 1990s, the construction cost of the Ram temple, according to unofficial estimates, was pegged at Rs 120 crore. Adjusting for inflation to the current financial year, the edifice would entail an investment of nearly Rs 450 crore, excluding the land cost.
If the nominations are not in place, the heirs need to go through a lengthy process to get access to the money cautions Bindisha Sarang.
'Modi, with his sharply honed political savvy and undoubted grasp of international affairs, is a past master at taking the measure of world leaders.' 'He would be the last person to think of the unpredictable and not too well-regarded Trump as the mediator,' says B S Raghavan.
Barring a few nuts, no one will dispute that it has done rather a good job of carrying out its remit
The genesis of the arbitration lies in a bitter public battle that began in July when Rakesh Gangwal wrote to capital market regulator Sebi alleging lack of corporate governance in the company. He alleged that Rahul Bhatia, who holds controlling power of the company, had used it to execute questionable related-party transactions.
You can save Rs 35,000-Rs 50,000 in lawyer's fee at a district forum and several lakhs at the National Consumer Disputes Redressal Commission.
The simultaneous decline of several trade-related indicators should put policy makers on guard for a sharper slowdown.
The Pakistani PM believed New Delhi rebuffed his offer of talks because his country is an issue in the elections in the neighbouring country.
He warned low interest rates globally could distort markets and would be difficult to abandon
The government has given up plans to reconvene a parliament session to secure approval for a common goods and services tax.
With 75 per cent of votes counted, the ND party was leading with 39.6 per cent of total votes heading towards a majority in the 300-member Greek Parliament, while Tsipras' leftist Syriza was behind with 31.6 per cent of total votes, CNN reported.
The new data comes a day after China and the US signed a long-awaited phase one deal, marking a ceasefire in the 18-month-long trade war which saw the world's two largest economies slap 25 per cent tariffs on about half a trillion-dollar worth of each other's exports. The world's second-largest economy grew by 6.1 per cent last year, its worst performance since 1990, but it remained above the psychologically important mark of six per cent, according to the National Bureau of Statistics (NBS).
The affidavit came in response to the government moving the Delhi high court seeking to block Reliance selling 20 per cent stake in its oil and chemical business to Saudi Aramco for $15 billion, in view of pending dues of $3.5 billion in Panna-Mukta and Tapti oil and gas fields. Countering the charges, RIL said it was a 'falsehood' and the petition is an abuse of process.
Overbooking by an airline cannot be done ignoring the sense of duty or liability towards passengers with confirmed tickets, the national commission ruled.
'While many Chinese policy makers dismiss the political, economic and technological component of US-India relations, they express caution on the defence-related ties which also happens to be a major driver in US-India relations,' explains China expert Srikanth Kondapalli.
Under Sebi guidelines, AIFs can operate broadly in three categories.
On Wednesday, Daiichi Sankyo's lawyers argued for a stay on stake sale by Fortis, which was opposed by counsels of the hospital chain and promoter entities.
A delegation of victims of the 1984 anti-Sikh riots have urged Union Home Minister Rajnath Singh to further increase the amount of compensation given to them.
'Even before the outbreak of the flu, it had become clear that the tax revenue numbers for 2019-2020 were overestimated,' observes A K Bhattacharya.
Around 81 per cent of the workers constitute the unorganised sector - devoid of any social security cover and outside the purview of a complex set of labour laws.
In his book, former governor Subbarao says Chidambaram, Pranab were piqued by his tight rate policy.
Chaos in Parliament threw a spanner in the government's efforts to revive the economy and kick-start reforms.
The highest decision making body of the IMF met at its headquarters in Washington on Saturday in the wake of the corruption charges that have surfaced against its chief.
The Congress, however, dubbed Swamy as the 'undeclared spokesman' of Modi.
A woman Indian Administrative Service officer, who had clamped down on illegal mining and resolutely taken head on the powerful sand mafia in Uttar Pradesh, has been suspended barely 10 months after she got her first posting in the state.
Besides their terrific acting talent, of course!
Jaitley said the Congress party which ruled the country for decades is out of sync with the ground realities and aspirations of India as it exists now.
The 30-share Sensex gained 117 points to end above 29,000 at 29,006 while the 50-share Nifty gained 32 points to close at 8,761.
Money is a touchy topic for most of us. Money fights between couples are all about control and freedom. Keeping the communication channels open and respecting each other's attitudes can help couples manage finance better.
The Centre also justified the abrogation of Article 35A of the Constitution which "enabled the then State to make laws giving special rights and privileges to permanent residents, while imposing restrictions upon others".
The finance ministry has put out a revised draft in public domain.
Hailing India for keeping "neutral stand" over the South China Sea issue despite pressure from the US and Japan, state-run Chinese media on Wednesday said there are some contradictions and frictions between the two nations but the overall bilateral relations have been developing smoothly.
Despite returns from gold down over 5% in the past three months, it is a good idea to keep this asset class in your portfolio.
'The Gujarat model was never an economic model; it was essentially a governance model.'
'Mr Modi identified what would help him win votes and got it done, like 24x7 power in three phases, better roads, more water, etc.'
'Good economic governance at state level is quite different from good governance at national level,' points out T C A Srinivasa-Raghavan.
Nifty, which has struggled around 8550-8560 levels managed to blast past this resistance and close above the psychological mark of 8600.
Budget has several small steps which will boost growth
A Harvard study says India's GDP will grow at 7.9 per cent annually in the next 8 years, well ahead of China's 4.6 per cent
A will is important not only to divide the assets but to close the succession loop.
China will resolutely safeguard its border sovereignty in conflicts with Indian troops even at the cost of war, GT said.
Finance Minister Arun Jaitley on Monday presented the Union Budget for 2016-17.
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