Just one year after taking office, Prime Minister Narendra Modi is facing a challenge that could come to haunt him.
Insurers cover the house on market value, and not on construction cost. They also don't insist on bills when giving the policy
'Nature doesn't bother even if the Supreme Court says it is legal!' 'If something is in the wrong place, it will be damaged or destroyed by nature.'
Cabinet sub-committee to review the situation and take necessary steps.
Tamil Nadu Chief Minister J Jayalalithaa on Monday said the Centre's "inadequate response" to apprehension and detention of Indian fishermen "has emboldened the Sri Lankan Navy to harass" them, and sought a "robust diplomatic response" on the emotive issue.
A photograph of Kumar snapped while scurrying across the bridge with the child two days ago, has gone viral on the social media with people showering praise on him.
It is a complete mayhem in West Bengal, Manipur and Odisha with more than 60 dead
A National Disaster Relief Force team was also camping in the district. Relief camps have been set up at 83 places to accommodate flood victims, officials said.
he government is examining a plan of bank recapitalisation and considering an urban version of MNREGS.
As part of the fund mobilisation move, the cabinet decided to seek financial aid from abroad through non-resident Keralites, from major cities in the country and also from educational institutions in Kerala.
India's gold import bill, estimated at $3 billion in May, is seen falling further this month
India's economy grew an historically modest 7 per cent last quarter but industrial output has generally been strong.
More than 180 people have lost their lives and nearly one crore people were affected in floods in West Bengal, Gujarat, Rajasthan and Odisha.
Critics argue that much more could have been done and that the government was slow to react to many events.
'The prime minister expressed concern and assured all possible help to the state,' CMO said.
The CM also said that the Parliament Secretariat had issued a circular to the MPs stating that they can allot Rs 1 crore worth renovation and rehabilitation efforts in the flood-affected districts from Members of Parliament Local Area Development Scheme
Indrani Mazumdar ' Mumbai April 23, 2015 Last Updated at 15:57 IST Stock Tips for Tomorrow Subscribe, Know which stocks to buy Tomorrow only Profitable Stock tips www.live-market-tips.com/Tomorrow Ads by Google Add to My Page Tiny URL RELATED NEWS Markets end flat after paring gains; HDFC Bank down 1.6% Sensex, Nifty extend losses; TCS, L&T down 2% Sensex gains over 100 points; Wipro surges nearly 6% Sensex, Nifty up 1%; bank shares zoom Nifty slips below 8,400 mark; HDFC down over 1% Hiranandani Properties Prices Starting at Just 15 Lacs. An Excellent Opportunity. Visit Nowhouseofhiranandani.com Aviva Term Plan Get 1 Cr Life Cover @Rs 16*/day. High Protection at Minimal Cost!avivaindia.com/Term-Insurance Ads by Google Markets ended lower on Thursday despite the clarification on minimum alternate tax by the government while a weak monsoon forecast raised concerns about an uptick in inflation. Further, investors turned cautious ahead of fourth quarter earnings from Infosys while worries about Greece also dampened sentiment. Meanwhile, rating agency Moody's today said emerging economies in Asia Pacific region, including India, have a high degree of immunity to external shocks, but will face challenges when the US Federal Reserve begins raising interest rates. The 30-share Sensex dropped 155 points to end at 27,735 and the 50-share Nifty shed 31 points to close at 8,398. MARKET VIEW "The last 6 out of 7 days, we have witnessed an extreme bout of selling in the key indices and stocks. Every rise getting sold and Bulls coerced to give in recently, with key supports breached. Today, was no different day, where volatility was extreme. We believe that the approach to the market remains cautious. If the indices break the previous low and close below that (i.e. 8270), then it could trigger a short term correction. Else, this could very well be termed as a bounce off the support levels. However, for a new trend to begin, Banknifty has to break 19000 levels. " said Kunal Bothra, Head -Advisory, LKP. ECONOMY The clarification from the Indian government that it would honor tax treaties while making a demand of Minimum Alternate Tax (MAT) at the effective rate of 20 per cent came as a relief for favorable treaty nations. But, dilemma still hangs over funds from other nations whose treaties do not grant an exemption from capital gains. The first monsoon forecast by the Indian Metrological Department (IMD) has predicted below normal rainfall during the season for the second straight year in 2015 primarily due to the build-up of El Nino conditions in the Pacific Ocean. Disruptions in the normal rainfall is likely to put further pressure on the agriculture sector which is already reeling under the impact of unseasonal rains that have damaged crops in parts of country and may lead to higher food inflation making further rate-cuts by Reserve Bank of India less likely. KEY STOCKS On the sectoral front, BSE Healthcare, Auto, Capital Gods, Oil & Gas, Realty and Power indices are trading lower up to 1%. However, BSE Consumer Durables and Metal indices are trading higher by 1% each. Metal stocks ended firm in today's trade after Bank of America-Merrill Lynch said the sector's return on equity will double by FY17 end. The research house reinstated coverage on Indian steel makers, with "buy" ratings on Tata Steel, SAIL, JSW and Jindal Steel and Power. Tata Steel gained 5%. Vedanta (earlier known as Sesa Sterlite) climbed nearly 0.5% and Hindalco was up 0.2%. Coal India advanced 1.3% after Brokerage firm CLSA maintained its 'buy' rating on the stock. YES Bank ended higher by 7% on the National Stock Exchange (NSE) on back of heavy volumes after the private sector lender said that its board approved a proposal to increase foreign institutional investor (FII)/foreign portfolio investors (FPI) limit to 74% from the existing limit of 49% of the paid-up share capital. According to media reports, Maruti Suzuki has plans of launching a series of new cars for the Indian market in 2015. Unveiled at the 2015 Geneva Motor Show, the Maruti Suzuki YRA model will be named as 'Fronx' for the Indian market. The stock was up 1%. TCS ended the session with marginal gains after the company teams up with Solace Systems team to deliver digital Reimagination solutions and services. Select IT shares remained under pressure for the seventh straight session over concerns about quarterly earnings. Infosys shed over 0.7% ahead of the quarterly earnings due tomorrow and Wipro lost nearly 2%. According to reports, M&M is planning to invest Rs 2,500 crore in expaniding its existing auto manufacturing facility in Telangana., which will increase its capacity to 1.5 lakh vehicles per year. The stock slipped over 1%. On the concern of poor monsoons ahead of the June-to-September monsoon season, auto, financials and FMCG stocks ended lower. ITC was down 0.3%, Tata Motors lost over 2%, Hero motocorp shed 1%, HUL slipped 0.6%, SBI dropped 2.4%, Axis Bank and ICICI Bank dipped 0.3% each. HDFC Bank lost 0.4%. HDFC Bank posted a 20.6% rise in net profit in the fourth quarter ended March 31, 2015 due to a higher loan growth. The bank had a net profit to Rs 2806.91 crore for Q4 compared to Rs 2,326.52 crore in same quarter previous fiscal. The number of new launches in residential real estate has come down by 55 per cent in the first quarter this year owing to subdued sales, according to a report. From the realty pack, Unitech, IB Realty, Godrej, Anantraj, HDIL and NBCC were down up to 2%. In the broader market, BSE Midcap index outperformed the peers and was up 0.6%. However, BSE Smallcap index lost 0.2%. Market breadth ended lower with 1,434 declines versus 1,377 advances. Read more on: Nifty ' Sensex ' Nse ' Bse ' Maruti ' Tcs ' Infosys ' Yes Bank ' Hdfc Bank ' Tata Steel Read More Sensex drops 189 points to end below 28,000 Provisionally, the 30-share Sensex ended down 189 points at 27,701 and the 50-share Nifty shed 39 points to close at 8,391 Add to My Page Tiny URL Recommended for you Monthly SIP Investments Invest as low as Rs 1000pm in Top SIPs in just 2mins. Start a ZipSip. www.myuniverse.co.in/ZipSip Luxury 2 & 3 BHK Mumbai Pay 10 lacs now, Rest on Possession 63 Storey Twin Towers in Kandivali lovealpine.com/Special-Offer Ads by Google Advertisements Prof. Mikkel Draebye explains the importance of corporate entrepreneurship. Read More Plan a vacation to unveil the dense wildlife at Tadoba. Buidling a smarter India with our contribution of new automation. Get up to 5 years of onsite warranty & great discounts. Know more Zero Account Opening Fees. Click here to know more $ Daily One Sure Intraday Stock Tip. Get Profit by 11:30 AM @ 0988877963 Leaders should be responsible for organisation and co-workers. "Prof. Massimo Magni" Unveil the marvellous hill stations of Maharashtra Back to Top Quick Links Go LATEST NEWSAll NewsIn This Section Nifty ends shy of 8,400; YES Bank top gainer PDP-BJP coalition govt a change for the worse: Omar Abdullah Arms case: Salman Khan fails to appear in court for recording statement MRF Q2 net surges 95% to Rs 333 crore Banking sector fraud has gone up by more than 10%: Deloitte Building leadership, capabilities in big data labs critical for analytics: Nasscom YES Bank extends intra-day gain on board nod to hike FII/FPI limit to 74% Gammon India to issue Rs 100-crore debentures to promoters Smart maps an $8 bn opportunity for India: Study Exercise financial prudence: Parrikar to Armed Forces News you can use Rss icon Don't reduce PF contribution What is Gratuity? What are NEFT and RTGS? Check your Income Tax Credit credit status form-26AS online Saving capital gain tax on sale of property Calculate tax on your house property income How to Check your EPF Balance & status online Featured Videos Why some of Japan's elderly want to go to jail video The 1341hp electric car beats a Bugatti video The maps that tell you when it's safe to breathe video How to add Michael Jordan's shoes to your portfolio video MOST POPULARReadSharedCommented BK Birla group plans mega recast Samsung to set up $100-mn plant in Hyderabad Rains seen below normal for 2nd straight year Jet Airways puts its wide-body fleet on sale to reduce debt FIIs with tax pact shield may be exempt from MAT Market News Signs of steel prices bottoming out a ray of hope for steel players CNX Metal index that fell to one-year lows of close to 2,293 in mid-March now trading at 2,460 levels Markets under pressure; Sensex slips below 27,800 The auto and capital goods space are exerting pressure on the indices in noon trades. Ashoka Buildcon dips after pricing QIP issue at discount The board has approved issue of 2.84 crore shares to Qualified Institutional Buyers at Rs 175.80 per share Cardamom rises by 0.4% as demand picks up Speculators created fresh positions at prevailing levels, taking positive cues from spot market on pick up in demand Crude palm oil falls by 0.1% on sluggish demand speculators indulged in reducing positions due to subdued demand in spot market The 30-share Sensex dropped 155 points to end at 27,735 and the 50-share Nifty shed 31 points to close at 8,398.
Wiping off nearly Rs 4 lakh crore of investors' wealth during the day, benchmark Sensex crashed on Friday.
Modi assured to extend all required assistance to the state to face the situation, the Chief Minister's office said.
The prime minister also underlined the belief of many Hindus that cow is like mother, but said that this should not let people take law in their own hands and every state government should act against violation of the law.
As Kerala gets into the festive mood, police are maintaining tight vigil with the army receiving information that there may be a terror attack in southern parts of the country.
It has already cut the rate three times this year to loosen credit and boost slowing growth in Asia's third-largest economy.
Residents in Kerala, Karnataka and Maharashtra continue to struggle as floods leave them in a watery hell.
Come the rains and two-wheeler racing fanatics line-up for the popular off-beat challenge. The latest edition was on Sunday, August 8. There were entries from Mumbai, Nashik, Pune, Thane, Bangalore, Bhopal, and Jodhpur. Like previous years, this time too Sportscraft chose the backwoods of Navi Mumbai to give riders a chance to test their driving and racing skills in a safe environment.
Pakistan's army on Thursday used helicopters and boats to rescue thousands of stranded people as the country grapples with the deadliest floods in its history that have killed over 260 people and affected over a million others in Punjab and PoK.
Shab is too coy about sexuality and sleepy in its reflections of loneliness to get anywhere, feels Sukanya Verma.
Globally, jewellery buying fell 14%, investment slid 11%.
The great pity is that Mr Siddiqui has a remarkable, even inspiring, story to tell, feels Sunil Sethi.
While incessant rain in the past 24 hours has wreaked havoc in parts of the northeast, triggering flash floods, the national capital experienced one of its hottest days.
Technology and prudent practices can ensure that crop output does not suffer in years of drought.
Extensive anthropogenic interference, as part of developmental activities, is a significant factor that increases this hazard manifold. As a result, the landscape in the Himalayan, north-eastern regions and many other regions of India are highly susceptible to reoccurrence of landslides, says Dr Nitish Priyadarshi.
Greek crisis is coming at a time when India is short of hard news on the domestic front.
Mumbai received 231.4 mm rain in the last 24 hours, while Thane received 229.81 mm.
Heavy rains triggered by northeast monsoon and a low pressure area over Bay of Bengal lashed several parts of Andhra Pradesh for the fourth consecutive day on Friday, prompting authorities to evacuate thousands of people from low-lying areas.
Nearly 200 people have been killed in floods and rain-related incidents in Pakistan with four days of incessant showers, officials said on Monday.
CPI inflation will remain below the target of 6 per cent set for January 2016.
The Indian contingent of more than 300 navy personnel was assisting in the relief, with divers searching the brackish waters and medical teams seeing patients in makeshift tents set up at shelters.
Dozens of farmers have already committed suicide in India after damage from unseasonal rains this year.
A senior official of the Union water resources ministry said it was an unprecedented situation on the Chinese side where Tsangpo broke a 150-year record with swollen waters and hence China has shared the information with India.
While the RBI, in the recent past, appeared keen to move to an inflation-targeting framework, industry and academia remain divided on this issue.
