'We will see a lot of investments from the private sector.' 'As long as we are not impacted by some global events, I think we will be in a strong place.'
The move would help the PM Modi shape a women-centric narrative.
A delegation of Scheduled Caste and Scheduled Tribe Members of Parliament, including some union ministers, on Tuesday met Prime Minister Manmohan Singh to demand that an order providing reservation in government jobs be replaced by an Act to bring greater benefits to them. "Members of the SC/ST Parliamentary Forum met the prime minister today to demand that an Act is necessary to provide reservations to SC/ST, which is done through a government order," LJP chief Paswan said.
Economic criteria to ensure that the benefits of government policies reach the target group is not "proscribed" and a "recognised" basis of classification, the Supreme Court orally observed Wednesday while hearing pleas challenging the Centre's decision to grant a 10 per cent quota for the EWS category in admissions and jobs.
Modi and Chouhan have visited Mahakoshal multiple times and reached out to tribals to shore up support for the BJP.
The Kerala government has moved the Supreme Court claiming that Governor Arif Mohammed Khan was delaying giving his assent to bills passed by the state assembly, which was "defeating the rights of the people".
The Supreme Court on Friday reserved its verdict on petitions seeking re-conduct of All India Pre-Medical Test 2015 for alleged large-scale irregularities in the examination held on May 3.
A bench of Justices KM Joseph and BV Nagarathna said from the records tabled before the court it appears that the Karnataka government's decision is based on "absolutely fallacious assumption".
'Just the amount of work which is there just to become more and more successful in banking. For this to happen you need to have leaders who understand technology.'
'The two sides agree to continue firmly supporting each other in safeguarding their respective core interests,' a joint statement issued at the end of Muizzu's talks with Chinese leaders said.
Lok Sabha on Friday passed the Finance Bill 2023 with 64 official amendments, including the one that seeks withdrawal of long-term tax benefits on certain categories of debt mutual funds and another for setting up the GST Appelate Tribunal. The Finance Bill that gives effect to tax proposals for fiscal year starting April 1 was passed without a discussion amidst ruckus by opposition members demanding a JPC (Joint Parliamentary Committee) probe into the allegations against the Adani group of companies. While moving the bill for passage and consideration, finance minister Nirmala Sitharaman also announced the setting up of a committee under finance secretary to look into pension issues of government employees.
Shiv Sena-Uddhav Balasaheb Thackeray chief Uddhav Thackeray on Tuesday said the country needs a strong government but not of 'one party with brute majority', and batted for a coalition rule.
Should the Income-Tax Act have been simultaneously amended to exclude Sikhs and Jains from the definition of HUF once they were declared a minority by the government? Sanjeev Nayyar discusses the curious dichotomies in our laws.
Lok Janshakti Party leader Ram Vilas Paswan on Thursday said the creamy layer should not be excluded from reservation benefits while Congress leader Digvijay Singh said Parliament was supreme in policy issues.
Investors may take a 5 to 10 per cent exposure to silver. 'Have a long-term investment horizon when investing in silver ETFs to ride out short-term market fluctuations.'
Narendra D Modi and his party campaigned in these elections uncharacteristically without any big ideas. Of course, winning each election at all costs could be a big idea as well, observes Shekhar Gupta.
Reserve Bank of India Governor Shaktikanta Das tells Anup Roy, Raghu Mohan and Niraj Bhatt that it is time for banks to lower interest rates and start lending to cash-starved finance companies after due credit appraisal and proper risk assessment.
Our caste warriors will not even ask these questions, let alone explore better solutions to address the problems of inequality and skewed life outcomes, argues R Jagannathan.
Something is cooking in online food delivery. After 15 years of grappling with the demands of the business - read cash burn - Gurugram-based Zomato reported its first profit in the first quarter of 2023-24 (FY24). Not satiated, it reported a profit in the following quarter as well: Of Rs 36 crore in the second quarter compared to Rs 2 crore in the first. A year ago, in the second quarter of FY23, it had reported a loss of Rs 251 crore.
The government has said it would implement the Supreme Court verdict on the OBC quota and does not want to seek a review of the judgment. Human Resource Development Minister Arjun Singh sought to mollify allies upset over the exclusion of creamy layer, stating the government as also the United Progressive Alliance favoured reservation benefits for the creamy layer. Singh steered clear of the demands by allies, including the DMK, for a fair and just review of the verdict.
Every banker loves the four-letter word Casa as it plays an important role in lowering the cost of deposits. Every bank wants to increase its Casa, as a higher portion of Casa in the overall deposit liability brings down its cost of money, points out Tamal Bandyopadhyay.
'Within a short span, it increased attendance, improved children's physical fitness, and led to a rise in the enrolment ratio.'
The Centre's decision to grant 10 per cent quota for the EWS category in admissions and jobs violates the basic structure of the Constitution on multiple counts including that it breaches the 50 per cent cap on reservation, the Supreme Court was told on Tuesday.
The International Financial Services Centres Authority (IFSCA) has proposed key exemptions to the current listing framework and measures for setting up holding companies (holdcos) and special purpose acquisition companies (SPACs) to encourage domestic startups list at GIFT City, the country's only international financial services centre (IFSC). Under the current framework, to be eligible to list on IFSC exchanges, an issuing company should have operating revenue of at least $20 million in the preceding financial year and average pre-tax profits of at least $1 million during the preceding three financial years. An expert committee has noted these conditions have acted as hurdles to listing new-age companies, and they need a relook.
They all seem to forget that the Music Academy is as much an independent institution as T M Krishna is an individual musician. In drawing those red lines for the Academy management, they do not even seem to recognise that they too have crossed a red line themselves, points out N Sathiya Moorthy.
Benefiting from higher credit off-take and loan repricing, listed commercial banks are expected to post 43.9 per cent year-on-year (YoY) growth in their net profit in the quarter ended June 30 (Q1FY24), analysts have said. Controlled credit costs due to a healthy asset quality profile and a steady treasury book will also support a strong bottom line for the lenders in the first quarter. However, net profit may shrink sequentially, according to analysts' estimates for 13 banks sourced from Bloomberg data.
Prime Minister Narendra Modi on Tuesday expressed hope that digital transactions will soon surpass cash as Unified Payments Interface (UPI) is increasingly becoming the most preferred payment mechanism in the country. Modi after the launch of the cross-border connectivity between the UPI and PayNow of Singapore said about 74 billion transactions amounting to more than Rs 126 trillion, which is approximately 2 trillion Singapore dolla, was done through UPI in 2022. "Many experts are estimating that very soon India's digital wallet transactions are going to overtake cash transactions," he said.
If the Budget makes no big announcements on new schemes, projects, or tax giveaways, the government would face a major political dilemma as it may have to reluctantly consider shunning the practice of unveiling pre-election sops to woo voters, notes A K Bhattacharya.
Investors looking for a fixed-income product that is free of credit risk may invest in these bonds.
The ministry also submitted that the identification of scheduled castes is centred around a specific social stigma that is limited to the communities identified in the Constitution (Scheduled Castes) Order, 1950.
The Karnataka government issued orders to implement the 'Gruha Jyoti' and 'Shakti' schemes.
Fitch on Tuesday affirmed India's sovereign rating at 'BBB-' with a stable outlook, on robust growth and resilient external finances, but said weak public finances remain a challenge. India's rating has been unchanged at 'BBB-', which is the lowest investment grade, since August 2006. "Fitch Ratings has affirmed India's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB-' with a Stable Outlook," it said in a statement, adding strong growth potential is a key supporting factor for the sovereign rating.
The judgment was reserved after a marathon hearing which went on for 38 days spanning four months.
As per the orders, 3 of the 85 posts for IAS this year will now go to persons with disabilities such as low vision or blindness, hearing impairment and cerebral palsy.
'Continue with your SIPs to get the benefit of lower average prices in this challenging market environment.'
Before you buy a cashless benefit plan at lower premiums, check if you can make full use of it. Most don't even exhaust the entire benefit.
Business tycoon Ratan Tata feels that it is better to give 'equal opportunities' to all and create a level playing field instead of extending reservation benefits in the private sector.
'Policy-sensitive sectors will wait and watch, but policy-agnostic areas will continue based on normal consumption demand.'
But this might not be the best time to enter these, as probability of further reductions in near future is low
