'There is a law that prevents the government from diluting its equity in the PSBs below 50 per cent.' 'That law has to be amended and given the parliamentary arithmetic of the political parties, it is not as simple to do that.'
The new numbers show India's economic growth rate averaged 6.7 per cent during the Congress-led United Progressive Alliance regime as compared to 7.3 per cent under the present government. Previous numbers had put the average growth rate during the 10-year UPA rule at 7.75 per cent.
On the 20th anniversary of the first flight of the Tejas, we must congratulate the entire team who made sure that the LCA flew and returned safely on January 4, 2001, sowing the seed for development of a state-of-the-art fighter airplane that our country so badly needed, says IAF veteran Air Commodore Nitin Sathe.
'Unless the economy is sound in the country how can only three movies collected so much business in a single day?'
'If the Modi government doesn't act now, it will demoralise and hurt the people who voted in hope of a better times,' argues former BJP MP Tarun Vijay.
The victim in his police complaint said that his attackers removed his cap and slapped him, while asking him to chant Bharat Mata ki Jai and Jai Shri Ram.
PSB chiefs tried to argue that liquidity is in surplus in the system and the problem was related to lack of demand in the economy, instead of banks' reluctance to lend, but 'the FM said it is a perception issue that loan is not available, which we need to dispel,', reports Somesh Jha.
Capital infusion seen necessary for banks to maintain regulatory norms at the time of paying interest towards AT-1 bonds
'The main characteristic of Bihar politics is that it has always affected Delhi.'
'It is important for states to agree 10-15 per cent duty cut and take home the same amount of tax revenue as budgeted.'
The finance minister also said that the merger would not result in any retrenchment but rather improve the benefit of the employees.
Economic Affairs Secretary Subhash Garg is the finance ministry's primary liaison with the RBI.
During the meeting with Finance Minister Nirmala Sitharaman, the auto industry broadly presented factors such as issues regarding availability and affordability of financing, increasing cost of acquisition of vehicles and change in axle load capacity for commercial vehicles that have hurt demand.
A panel will examine the merits and demerits of various dates for the commencement of the financial year.
"In response to India's payments data circular, we've built a system that stores payments-related data locally in India," WhatsApp spokesperson said in a statement.
Government suspects that many of these bank accounts were used to launder money, especially after the demonetisation in November 2016.
Andhra Pradesh and Maharashtra are at second and third spot, whereas Uttar Pradesh and Bihar remained at the bottom.
The NDA government will be following the footsteps of its predecessor, the UPA, which had introduced the concept of "loan mela" to boost credit by directing banks to lend to people through public meetings.
Vijaya Bank assured employees that the service conditions 'will remain unaffected and staff benefits retained'
A senior Kolkata police officer said no ransom was paid for her release.
Polling for three parliamentary seats and 29 assembly constituencies were held on October 30, an exercise being seen as a barometer of the political mood in the country ahead of assembly elections in politically critical Uttar Pradesh as well as other states.
The wicketkeeper-batsman's quickfire knock of 113 runs helped Jharkhand reach 147 for two at close, after bowling out Orissa for 110.
It is also considering to hike FDI cap for public sector from 20 per cent to 49 per cent
Sitharaman said economic slowdown seems to have bottomed out and the coming festive season will help the economy start looking up.
The training programme will contain thought leadership courses, group exercises, simulations, including role plays and situation analysis and personal explorations workshops
The current fiasco now completely established that there is no communication between the selectors and senior players, who decide their own schedule. 'Dhoni feels that it would not be fair for him to join us at this stage, given that the team has done so well and reached the quarter-final stage in his absence. He does not want to upset the team balance'
He said no matter how much evolution happens in technology, India could never become a fully cashless economy.
The term of the 243-member Bihar legislative assembly comes to an end on November 29.
Large trade deficit and rupee decline against the US dollar are putting pressure on the CAD, and these steps are likely to have a positive impact on the external sector.
He said, clothing, footwear and electronic sectors are large job creators and need big reforms.
The spectacles on the Gandhi bust in Kannur were broken while the Ambedkar bust had red paint splashed across it.
Bihar scored 211 for seven against Tripura's 187 all out on the second day of the four-day Ranji Trophy Elite 'B' match.
As the government plans to take sector-specific steps to tackle the slump, Finance minister Nirmala Sitharaman will soon hold talks with representatives from various sectors to get and take steps so that the confidence of those sectors can be restored.
Expressing disappointment over the RBI's move for not cutting the key policy rates, India Inc on Tuesday asked the government to take immediate action to revive growth and boost investments.
He has enjoyed prime form in first class cricket this season, but despite being excluded from the IPL auctions list, Jharkhand's Ishant Jaggi tells Rediff.com's Harish Kotian that he is mentally strong and will continue to perform. He also reckons that the auditions and the simulation tests conducted by the IPL franchises to identify players is not the right way to go about things.
The finance ministry official may have claimed that the ministry does not have information on the loans sanctioned by different banks to Mallya or the details of the guarantee given by Mallya against those loans, but the ministry had responded to questions in this regard in Parliament in the past.
'How do you deliver wealth when you don't have the slightest idea about it?' asks T C A Srinivasa Raghavan.
The ease of doing business has not picked up in a vast number of states and Union Territories.
