Of the 2,562 customer complaints received between January 2020 and March 2021, a majority relate to illegal apps. At least two dozen suicide cases have been reported, perpetrated by the harassment by loan app operators, points out Tamal Bandyopadhyay.
The four labour codes are unlikely to be implemented this fiscal in view of slow progress on the drafting of rules by the states and also for political reasons like elections in Uttar Pradesh, a source said. The implementation of these laws assumes significance because once these are implemented there would be reduction in take-home pay of employees and firms have to bear higher provident fund liability. "The ministry of labour is ready with the rules under the four labour codes. But the states have been slow in drafting and finalising those under new codes.
8 out of 10 people were in favour of compulsory vaccination before a date.
The sweeping economic sanctions on Russia - the second largest producer of crude oil - following its invasion of Ukraine late last month can cull global and domestic growth along with the added pains of higher inflation and currency depreciation, RBI Deputy Governor Michael Patra has said. And if the war lingers on, it can even lead to deglobalisation and even a recession, he added. The ongoing war has only added a whole new dimension to the outlook, and in fact, a weighty downside, Patra said in a lecture at the industry lobby IMC on Friday evening.
Petrol and diesel prices are likely to be hiked this week as oil companies prepare to pare losses accumulated from keeping rates steady for over four months in the run-up to assembly elections in five states, including UP, despite international oil prices jumping to a 13-year high of $140 per barrel. West Texas Intermediate crude futures, the US oil benchmark, rose to $130.50 per barrel on Sunday evening, its highest since July 2008, before retreating. The international benchmark, Brent crude, hit a high of $139.13 at one point overnight, also its highest since July 2008.
The Consumer Price Index (CPI)-based inflation is now projected to be at 5.3 per cent for 2021-22 with risks evenly balanced. In its August policy, the central bank had estimated inflation to be at 5.7 per cent due to supply side constraints, high crude oil and raw materials cost.
'Mr Kejriwal has played it cool in distancing himself from Delhi's hotspots, adroitly pandering to the BJP's Hindu vote.' 'He neither visited the scene of JNU violence nor has he dropped by at Shaheen Bagh,' notes Sunil Sethi.
Petrol and diesel price hikes are likely to resume after state elections get over next week to bridge the Rs 9 a litre gap created by international oil prices soaring past $100 a barrel. International crude oil prices shot above $110 a barrel for the first time since mid-2014 on fears that oil and gas supplies from energy giant Russia could be disrupted, either by the conflict in Ukraine or retaliatory western sanctions. The basket of crude oil India buys rose above $102 per barrel on March 1, the highest since August 2014, according to information from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry.
The message for 2024 is that the man on the street is not going to be euphoric if the G-20 crowns Modi as king-emperor for 2023, or if India sends its first man to space just ahead of the Lok Sabha polls. Even a 'temple consecration' in Ayodhya, or a Uniform Civil Code, or both of them together, may not have enough electoral purchase if fuel and commodity prices are not rolled back, and money-in-the-pocket does not fatten, points out N Sathiya Moorthy.
The announcement came late Monday evening - and broke the internet. Elon Musk, the world's richest man, had bought microblogging site Twitter for a neat $44 billion. The little blue bird, which is known to take on many avatars depending on the mood, leanings and interests of who it is chirping for, went into overdrive. While some Twitter users flooded the site with memes and humorous takes on the move, the deal also had a fair share of critics.
The Rajya Sabha on Thursday approved a bill to raise the foreign investment limit in the insurance sector to 74 per cent, with Finance Minister Nirmala Sitharaman saying while control will go to foreign companies, the majority of directors and key management persons will be resident Indians who will be covered by law of the land.
The report admits that converting MSP to a floor price of auction on the eNAM portal will not completely solve the problem as the current data shows that average modal prices in e-NAM mandis is lower than the minimum support price in all commodities except urad.
A CBSE student is angry with the board's generosity in awarding Cumulative Grade Point Average of 10 to all and sundry
What these elections prove beyond any doubt (if ever there was one) that Modi's hold over public mind and Shah's mastery of election management are unparalleled. It doesn't seem likely that they will be matched any time soon in the Indian political scene, reaffirms Shreekant Sambrani.
Ganderbal district recorded the highest of 56.40 per cent polling in the Valley, while Poonch district of Jammu region polled the highest of 71.62 per cent votes across J-K.
Opposition parties demanded that all elections in the future be held through ballot papers.
No change in retail prices as oil marketing firms to absorb increase
The defence minister has to correct a major asymmetry. Will his discipline come in the way?
"Articles 15(4) and 16(4) (dealing with provision for socially and educationally backward classes, and reservation) do not put any limit on the percentage of quota and there is no constitutional hurdle in increasing the same," Sharad Pawar said.
The overall voting percentage in the bypolls to 51 assembly seats was nearly 56.84 per cent, the Election Commission said while releasing data available till 7 pm, adding that the polling passed off peacefully.
This may leave those not opting for any of the two options offered by the Centre before the GST Council meet scheduled for October 5 in the lurch. It is clear from the present situation that these states will have to wait till June 2022 to get their compensation, subject to the council extending the cess collection period beyond June 30, 2022.
Poonch district of Jammu region recorded the highest turnout at 75.42 per cent. Ganderbal district recorded the highest polling in Kashmir valley at 56.28 per cent.
'Every time you put on a mask and take the mask off and adjust the fit, you are putting additional fatigue on the materials.'
Covid-19 pandemic that brought life to a near standstill in 2020 has left Indian adults poorer by 6.1 per cent in 2020, suggests the Credit Suisse Global Wealth Report 2021. Wealth per Indian adult in 2020, according to the report, dropped to $14,252 by 2020-end compared to pre-pandemic levels. On a cumulative basis, Credit Suisse estimates the drop in the wealth of Indian adults at $594 billion.
Flush with liquidity, banks are eager to lend. And, therein lies the problem, warns Tamal Bandyopadhyay.
'The entire value of LIC is created by its shareholders because after the initial invest net of Rs 5 crores in 1956, the government has not given any additional capital to the LIC.' 'If the corporation has expanded and emerged as the biggest financial institution in the country, it is only because of the policyholders.'
SBI is the first major bank to cut its base lending rate this year.
The results were supposed to be declared on September 8.
As the number of COVID cases rise in Bihar, data indicates that the state is slowing down on testing. It is also relying more on the Rapid Antigen Test than the more accurate RT-PCR test.
Russian made amends for their opening loss to Belgium as the group remains wide open.
Investors and manufacturers have long advocated the GST.
Bhagwat also expressed concern over Bitcoin and OTT platforms and asked the government to take efforts to regulate these things.
'The Congress can exist without (someone from) the Nehru-Gandhi family being its president.'
Insurance firms want more clarity before increasing foreign partner's stake.
If you are scouting for a property, finalise the deal within the next seven months and benefit from this measure, suggests Bindisha Sarang.
The council also cut GST rates on affordable housing to 1 per cent from the current 8 per cent.
'If you don't have children, that's also a problem.' 'There's no right way to live because everybody has an opinion about your personal life, and how you should live.' 'You have to listen to them, unless you can pick a fight with everyone.'
All of V R College's 1,007 students secured a first class in the Class 12 exam! 222 of them got identical marks!
'An individual who maybe has had two vaccines, or has had two vaccines, and a booster, is going to be pretty well protected.'
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