The country's exports in December surged 37 per cent on an annual basis to $37.29 billion, the highest-ever monthly figure, government data showed on Monday.
The interim finance minister said the Insolvency and Bankruptcy Code was helping in recovery of non-performing loans.
During their last meeting on Thursday also, the farmer leaders had their own lunch, tea and even water.
Owing to the risk perception attached with the segment by banks, the residential realty segment has been increasingly relying on non-banking financial companies and housing finance companies to raise debt financing, reports Abhijit Lele.
Opposition is expected to raise these issues in the session beginning July 19. It will be the first session of parliament after the outbreak of the devastating second wave of Covid.
A decision in this regard was taken in the Cabinet meeting chaired by Prime Minister Narendra Modi.
Gujarat and Karnataka have been ranked as the best performers in developing startup ecosystem for budding entrepreneurs, according to the ranking of states and Union territories by the Department for Promotion of Industry and Internal Trade (DPIIT). Among smaller states having population of less than one crore, Meghalaya has been adjudged as the best performer. The rankings are based on the initiatives taken to develop the startup ecosystem for promoting budding entrepreneurs.
During the review, the prime minister also stressed the need to sensitise states so that the speed of vaccination against COVID-19 doesn't come down and was briefed that around 31 per cent of the eligible population over the age of 45 has been given at least one dose, according to a statement issued by the Prima Minister's Office.
Amid a stalemate over the suspension of 12 opposition Rajya Sabha MPs, Leader of the House Piyush Goyal on Friday said how can there be a reconciliation when these members are unwilling to apologise for their unruly behaviour in the previous session.
Sources said the pandemic and the response of the government is likely to be discussed in the virtual meet.
Bharatiya Janata Party president Amit Shah, on Sunday, met Mahendra Singh Dhoni as part of the party's 'Sampark for Samarthan'
'Time and again, through their actions, often more covert than overt, the BJP has shown that it is a power-hungry party and its hunger isn't getting satiated sitting in the Opposition.'
External Affairs Minister S Jaishankar briefed the leaders on the latest situation in Afghanistan after the Taliban captured power there last week.
There was buzz of Piyush Goyal being elevated to Cabinet rank but only Prakash Javadekar made the cut.
The team also visited Tizit Police Station to meet the cross section of the society including civilians, police personnel and doctors who treated the injured for obtaining valuable information, he said.
On joining the party, the former SP leader belittled actor-politician Jaya Bachchan as someone "who used to dance in films".
The 77 ministers have been divided into eight groups to develop technology-based resources, create a pool of professionals for recruiting in their teams and other similar initiatives to be adopted in the offices of all ministers' offices to bring more transparency and further improve and efficiency of the Modi government, the sources said.
Bihar has accepted the most workers back with 100 trains, West Bengal has given nod to two, while eight more trains are in the pipeline.
The Bills are primarily aimed at helping the MSME sector and small traders, Finance Minister Piyush Goyal said while introducing these in the Lok Sabha
Aslam Hunani analyses the train mishaps that will mark Suresh Prabhu's tenure as railway minister.
Both the BJP and the Congress have banked on new and young faces, some of whom have been nominated by the parties for the first time.
Patel, who headed the RBI from September 2016 till his sudden resignation in December 2018, says in his book thta the government seemed to lose enthusiasm for the new bankruptcy law in the middle of the year he left the central bank. Though Patel does not name anybody in the book, the mid-2018 period he refers to is the time when Piyush Goyal held temporary charge of the finance ministry between May and August.
Taking a swipe at the Opposition, Jaitley said people have to decide between a government led by one captain or a team of 11 players, and that of 40 captains.
The country's exports jumped by 58.23 per cent to $34 billion in March as key sectors such as engineering, gems and jewellery and pharmaceuticals recorded healthy growth rate during the month, according to the Commerce Ministry's provisional data. Exports during April-March 2020-21, however, dipped by 7.4 per cent to $290.18 billion compared to $313.36 billion in 2019-20, the data showed. Imports during 2020-21 contracted by 18 per cent to $388.92 billion compared to $474.71 billion during 2019-20. In March 2020, the exports stood at $21.49 billion, which was a decline of about 34 per cent over March 2019 due to global slowdown induced by the Covid-19 crisis.
MLAs of smaller parties like the Bachhu Kadu-led Prahar and Independent legislators also attended the meeting, Prabhu added.
US e-commerce giant Amazon, which is said to be investigating alleged bribes paid by its legal representatives in India, spent a staggering Rs 8,546 crore or $1.2 billion in legal expenses for maintaining a presence in the country during 2018-20, sources said. Sources aware of the firm's public account filings said entities of Amazon - including Amazon Retail, Amazon Seller Services, Amazon Transportation Services, Amazon Wholesale, and Amazon Internet Services - paid Rs 3,420 crore in India during 2018-19 and Rs 5,126 crore during 2019-20 towards legal fees. Amazon is locked in a legal tussle over the takeover of Future Group and is facing a probe by the Competition Commission of India (CCI).
According to an official statement, in a letter to Goyal, Pawar said that the migrant workers, stranded in different parts of Maharashtra, may step out in big numbers to return to their states when the train services resume after the lockdown is lifted. This can lead to law and order problem (with workers coming out in big numbers), he added. To avoid this, the railway ministry should run special trains, he demanded.
The sixth round of talks between the two sides are being held after a considerable gap. The fifth round of talks was held on December 5.
The South Korean foreign minister on Tuesday 'regretted the offence' caused to the people and government of India by the social media post on the so-called Kashmir solidarity day by the Hyundai Pakistan, a day after New Delhi summoned the RoK envoy to express 'strong displeasure' over the 'unacceptable' post.
Prime Minister Narendra Modi was not present at the all-party meeting convened by the government.
Newly-elected Conservative Party leader and prime minister in waiting Liz Truss is among the senior British politicians known for championing deeper India-UK strategic and economic ties, describing them as a "sweet spot" of global trade dynamics.
No major glitches in electronic voting machines were reported and the voting passed off peacefully with high security observed at the 3,360 critical booths in 493 locations where more than 25,000 police personnel, nearly 13,000 home guards and 100 companies of paramilitary forces were deployed, officials said.
Union ministers Rao Inderjit Singh and Prahlad Patel, Subramanian Swamy, known for his strong views on a host of issues, Suresh Prabhu, Dushyant Singh, who is the son of former Rajasthan chief minister Vasundhara Raje, Vijay Goel, Vinay Katiyar and S S Ahluwalia are among those who have not found a berth in the new list while Union minister V K Singh is no longer a regular member and has been named as a special invitee.
The admit cards of the candidates appearing for JEE and NEET will be considered as authority to enter suburban stations with parents or guardians on exam days, a statement issued by the Railways said.
Commerce and Industry Minister Piyush Goyal on Monday said the existing foreign trade policy (FTP) will be extended for six months till March 31 next year. The government had earlier extended the FTP 2015-20 until September 30 this year due to the Covid-19 crisis. The FTP provides guidelines for enhancing exports to push economic growth and create jobs.
A cross-gender staff deployment -- female officers where male MPs were protesting and male officers where female MPs were protesting -- was made. But this did not deter the MPs belonging to a cross-section of opposition parties -- from the Congress to the Left to the TMC and to the DMK.
Mittal said he discussed a plethora of issues with Commerce and Industry Minister Piyush Goyal and sought the government's support for faster clearances to streamline the group's investment plans.
The first two days of the session will be devoted to swearing-in of the newly elected MPs while the Lok Sabha speaker will be elected on June 19.
The numbers become all the more important because actual tax collections fell short by Rs 1.91 trillion compared to what was projected in 2018-19. Besides, the Budget for FY20 did not give actual figures for 2018-19, but the revised numbers given in the interim Budget.
In a recent awards event, industrialist Rahul Bajaj said that India Inc was afraid of criticising the Narendra Modi government, The comment drew flak from Finance Minister Nirmala Sitharam who said spreading one's own impression "can hurt national interest".
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