Amid China's economic slowdown, the country's economic challenges may increase manifold and its economy may be hit harder in the wake of the Ukraine-Russia crisis.
'India is a founding and permanent member of this 'club of shame': Journalists are murdered on account of what they write or intend to write, but nobody is finally brought to justice in such cases.'
Amazon provided mere "lip service" and failed to provide any help to the debt-laden Future Group as the retail major suffered massive setback amid the COVID-induced lockdown and faced possible insolvency or debt restructuring, Future Group's promoters said in a letter to the e-commerce giant. This is the first time Future Group promoters have written to Amazon after the parties were embroiled in a legal battle over the sale of Future's retail assets to Reliance Industries. The letter from the promoters, including Kishore Biyani, was written on December 31. It alleged that Amazon's actions "lacked good faith" during the March to August period, when the group's retail business was severely hit by the lockdown.
'It would be a huge mistake to think that Gorbachev's reforms did not achieve anything.' 'We all live in the world, which is in many respects a result of Glasnost and Perestroika.'
The SJB has begun to collect signatures from MPs for the no-confidence motion, according to media reports.
She said she had told the party leadership last year that it was difficult to travel in the three hill states due to her health.
Karnataka Chief Minister B S Yediyurappa on Saturday dismissed rumours about his resignation, asserting that these were not at all true, and said Bharatiya Janata Party chief J P Nadda had told him to strengthen the party and bringing it back to power in the state.
The TMC, fresh from its resounding victory in West Bengal, is renewing efforts to mark its presence in the country's most populous state as well as politically crucial elections before the Lok Sabha battle in 2024, reports Virendra Singh Rawat.
At least one person was killed and 12 others injured on Tuesday when the police opened fire to disperse angry anti-government protestors in Sri Lanka's southwestern region of Rambukkana, officials said.
The delimitation commission will visit Jammu and Kashmir between July 6-9 and interact with political parties, public representatives and officials of the UT to gather 'first hand' information of the mega exercise to carve out new constituencies, the EC said.
The shift toward a staunchly secular identity will help Congress to rebuild its trust and confidence with the minority communities, especially Muslim voters. Arguably, this is where the Congress' future also lies in national politics, observes M K Bhadrakumar.
This was the companies' highest loss in two years.
'The kind of tax which will be generated from the second pillar may far outweigh what we may be losing in the first pillar.'
The Bharatiya Janata Party lined up several promises, including a legislation to protect traditions of the Ayyappa temple at Sabarimala and a law against "love jihad", while assuring employment for at least one person from each family and free laptops to high school students, in its manifesto for the assembly polls unveiled in Thiruvananthapuram on Wednesday.
The auditors also said that the company is in the process of monetising its assets and has submitted a draft resolution plan to the consortium of bankers for restructuring its borrowings and also there have been discussions for stake sale by the promoters to a strategic partner with further equity infusion.
Far more important than governance is to ensure how different states get necessary representation a'The pressure to expand the council of ministers will come from states where the BJP has formed a government after ousting the Congress,' predicts A K Bhattacharya.
The opposition party questioned why the government took five years after the liquidation proceedings of ABG Shipyard to lodge an FIR in connection with the alleged duping of 28 banks.
Though embattled Biren Singh has survived the crisis, media reports suggest that restructuring of the cabinet will not be an easy task for him.
Property buyers fund the project cost and the entire debt and entire equity servicing, and yet, have no locus standi in the IBC process, points out Debashis Basu.
With the Supreme Court not getting into the valuation part and leaving it to the two parties, lawyers said there was nothing much for Mistry Group to negotiate.
The meeting of the party's highest decision-making body will go into the reasons behind the party's debacle and discus as to why its poll narrative failed to convince the people.
Nothing has ever been done to make bank officers accountable, except for the rare actions when there is a public controversy, argues Debashis Basu.
On the capital raising, where there are reports of the bank needing at least Rs 20,000 crore to spring back to normalcy, Yes Bank administrator Prashant Kumar declined to give an estimate of the requirement but said it would like for most of the fund raising to happen in the first round itself.
Party leaders, sources said, maintained that Congress cannot afford to have a new leader at the helm for rebuilding the organisation at this juncture and that the responsibility for the defeat is collective and not individual.
An interview with Amit Mitra, the finance minister of West Bengal.
The ten trade unions are National Trades Union Congress, All India Trade Union Congress, Hind Mazdoor Sabha, Centre of Indian Trade Unions, All India United Trade Union Centre, Trade Union Coordination Centre, Self Employed Women's Association, All India Central Council of Trade Unions, Labour Progressive Federation and United Trade Union Congress.
The 'institution' of CDS carries tremendous responsibility of modernising the country's military forces, and reflecting the 'hopes and aspirations' of 1.3 billion Indians, Modi said.
A new military rank system had been introduced for the PLA, but all soldiers must always obey the Communist party, reveals Jayadeva Ranade, the distinguished China expert and retired RA&W officer.
Though the BJP is running too close for comfort, populist schemes and support among Muslims may help Mamata Banerjee overcome the challenge, observes Aditi Phadnis.
Political observers have said that the TMC, now desperate to shed the 'anti-Hindu' tag and embrace 'soft Hindutva', is carefully planning its moves, with help from poll strategist Prashant Kishor and team, as is evident from its decisions to organise Brahmin Sammelan, provide sops to Sanatan Brahmins, and financial aid to Durga puja committees.
A week after violence broke out at its Narasapura facility in Karnataka, contract manufacturer Wistron on Saturday said it has fired its vice-president who was heading India operations even as iPhone maker Apple placed the Taiwanese firm on probation. Wistron, which assembles the latest version of the iPhone SE at the violence-hit plant, admitted that there were faults in its wage payment processes. A section of workers at Wistron Corporation's facility in Narasapura Industrial Area in Kolar district near Bengaluru went on rampage last week over non-payment of their wages.
As the Centre pushes reforms in the power sector, especially for the beleaguered electricity distribution segment, several states, especially those ruled by Opposition parties, are clamouring against it. Maharashtra, West Bengal, Tamil Nadu, and Kerela have voiced their reservations against the proposed amendments to the Electricity Act, 2003. The irony is the states opposing the amendments on the ground of threat of privatisation already have private partnerships in power supply. The proposed Bill was slated to be placed on the floor of Parliament in the Monsoon session. But it still awaits Cabinet approval amid several states complaining that they have been not consulted on the issue.
Rahul is going about the restructuring of the Congress leadership in a gradual, deliberate fashion: No sudden jerks, no abrupt moves. So while seniors like Janardan Dwivedi were edged out, Ahmed Patel has been retained.
Rather, the existing ones should be implemented speedily to clean up the mess.
The petition was filed in 2003 by NGO Centre for Public Interest Litigation.
Actress Khushboo on Monday quit the Dravida Munnetra Kazhagam and hit out at the party leadership for ignoring her "hard work".
The Supreme Court asked the Centre and the RBI on Monday to place on record the K V Kamath committee recommendations on debt restructuring in view of Covid-19 related stress on various sectors as well as the notifications and circulars issued so far on loan moratorium.
Jack Ma, founder of China's e-commerce giant Alibaba suffered a major setback on Tuesday as Shanghai and Hong Kong Stock Exchanges suspended dual listing of the shares of his world's biggest initial public offer of $39.7 billion of the group's subsidiary - the Ant Group, 48 hours before the highly-anticipated trading was due to start. The Shanghai Stock Exchange surprised market investors with an abrupt announcement late on Tuesday that it will suspend Ant Group's IPO, as regulators and the public debate the balance between financial innovation and risk control, state run Global Times reported. According to media reports, the Hong Kong exchange followed suit several minutes later.
The Aditya Birla Group mayrestructure plan to bring all its retail verticals under Pantaloon Fashion & Retail.
Many in the US establishment must hope that the crisis would put the brakes on China's growing military might. Well, it ain't gonna happen, says T T Ram Mohan, who was appointed a member of the prime minister's economic advisory council on Wednesday, October 28, 2021.
