The bank is using readily available satellite images from ISRO and NASA for the purpose, and plans to scale up to 63,000 villages in the next three months.
HDFC Bank managing director Aditya Puri on Wednesday said the lender's business is returning to pre-COVID-19 levels and full normalcy is expected to be restored soon.
People in different parts of the country have already started celebrating the festival of colours.
Each year the nation is glued to its television screen as the country shows off its might at the Republic Day parade. However, it takes much practice with sessions starting 5 am, and dedication of the participating paramilitary jawans, other participants and behind-the-scenes helpers -- labourers, cleaners and security staff, among others -- who brave the relentless Delhi chill to make the parade a flawless spectacle.
Pakistan will buy sugar and cotton from India, newly appointed Finance Minister Hammad Azhar announced on Wednesday, lifting a ban on their import from the neighbouring country imposed in the wake of heightened tension over Kashmir in 2019. The decision was taken at the meeting of the economic coordination committee (ECC), which was chaired by Finance Minister Azhar.
The agency also carried out searches at 15 locations spread across Delhi; West Bengal's Kolkata, Siliguri and Murshidabad; Uttar Pradesh's Ghaziabad, Punjab's Amritsar and Chhattisgarh's Raipur, they said.
As many as 3,691 centrally-protected monuments and archaeological sites maintained by the ASI were shut from March 17 in view of the coronavirus crisis.
Vigourous gymming by an 18 year old post-lockdown led to a medical condition that caused malfunctioning of his kidneys.
The Cabinet on Wednesday approved the National Mission on Edible Oils - Oil Palm (NMEO-OP) with a financial outlay of Rs 11,040 crore to promote domestic cultivation of oil palm in the next five years, and reduce the country's dependence on edible oil imports. The decision comes after Prime Minister Narendra Modi announced the new central scheme on August 15 during his Independence Day speech at Red Fort. Briefing the media, Union Information and Broadcasting Minister Anurag Thakur said the Cabinet approved the NMEO-OP with a focus on the northeast region and the Andaman and Nicobar Islands with a financial outlay of Rs 11,040 crore.
Just to promote govt's policy of Make in India, BSNL said, it cannot afford to procure sub-standard equipment from inexperienced companies, not having proven technology. BSNL complained that when competitors were procuring world-class 4G equipment from experienced vendors, why should BSNL be compelled to procure locally.
Zomato has the potential to be an equally important milestone for Indian equity markets, notes Akash Prakash.
Online booking of tickets will be encouraged but box office will be open for single-screen theatres.
Inflation print for food articles, as a basket, remained nearly flat at 7.47 per cent during the month.
'He's at best a holding-CEO. Not one who will re-imagine the bank,' a senior banker and former colleague tells Raghu Mohan about HDFC Bank CEO & MD Sashidhar Jagdishan.
Coal, crude oil, natural gas, cement, and electricity recorded a negative growth of 8.6 per cent, 5.4 per cent , 3.9 per cent, 4.9 per cent and 2.9 per cent, respectively, in August.
Bandhan Bank is expecting that a little less than 50 per cent of its portfolio will be dominated by affordable housing loans in the next three to five years.
As per the assessment done by the RBI, the gross NPA of the SBI was 11,932 crore more at Rs 1,84,682 as against Rs 1,72,750 reported by the bank. As a result the bank has to make additional provisioning of Rs 12,036 crore in the balance sheet.
In his every first international innings he was run out for 0. He will end his career as one of the most feared batsmen in international cricket.
Over 73.44 lakh voters exercised their franchise in 10,592 polling stations spread over 13 districts in the Barak Valley, the hill regions and parts of central and lower Assam.
Bangladesh put in a disciplined performance in the field to restrict New Zealand to 145-8 in a World Twenty20 Super 10 stage match at the Eden Gardens on Saturday.
'There is little doubt that India's tobacco epidemic is contributing to its TB epidemic,' says Neil W Schluger.
The earliest ones included whistles shaped like birds, toy monkeys that could slide down a string and small carts made from materials found in nature such as sticks, clay and rocks. While there might be no disputing India's rich toy-making tradition, the industry is languishing for lack of investment and technology, and also owing to competition from cheap imports. And though it has been listed among 24 key sectors under the government's Atmanirbhar Bharat Abhiyaan, the question remains: will this push help place it in the global game? Currently, 80-odd per cent of the toys sold in India are imported - nearly 60 per cent of them from China.
'For around five hours the storm, reportedly the strongest one ever recorded in the Bay of Bengal, that mother of many a deathly vortex, shook Kolkata like a toddler playing with a rattling toy,' observes Debashish Chatterjee.
India have emerged winner in all five matches against Pakistan in T20 World Cups, starting from the inaugural World T20 in 2007.
With this lending rate reduction, the bank has lowered 40 bps so far this fiscal year in five successive rate cuts beginning April.
Any shift in investor sentiment may result in speculators fleeing the gold market, driving its price down sharply, quickly. One significant risk for gold is a near-term reversal in the dollar, which recently fell to a two-year low.
The department for promotion of industry and internal trade has asked the telecom department and State-owned BSNL to put on hold the tender for setting up 4G network, valued at Rs 9,000 crore, after allegations emerged that the tender favoured foreign companies. The tender was floated by BSNL in March under the new management for setting up the 4G network.
Coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and comprise 40.27 per cent of the weight of items included in the Index of Industrial Production.
SBI is expected to mop up almost $202 million via the share sale.
'There will always be hiccups given that the Namami Gange programme is spread over different sectors and involves several agencies.'
From the protests in Belarus, to people in Beirut picking up the pieces after the deadly blast, to the Democratic National Convention held in Delaware in the United States, here are the top images from the week gone by.
As many as seven of eight core industries saw a contraction in output in September.
Terming investment in infrastructure "quintessential" to boost growth, the Economic Survey on Friday said post unlocking of the economy, infra sectors are poised for growth and construction of roads is expected to return to the high pace attained before COVID-19. The infrastructure sector will be the key to overall economic growth and macroeconomic stability, the Survey said emphasising that the year after the crisis (2021-22) will require sustained and calibrated measures to facilitate the process of economic recovery and enable the economy to get back on its long-term growth trajectory. "Basic infrastructure facilities in the country provide the foundation of growth. In the absence of adequate infrastructure, the economy operates at a suboptimal level and remains distant from its potential and frontier growth trajectory.
The economic survey for 2020-21 has suggested revision in the weightage of food items to gauge the true picture of inflation in the country, and said new sources of price data also need to be incorporated in the wake of increasing retail e-commerce transactions. As per the survey, the current spike in consumer price-based retail inflation of food prices is mainly a supply-side phenomenon. The survey noted that the weights of all items in retail inflation are based on the NSO household consumption expenditure survey of 2011-12, adding the weight of food items in the index might have significantly decreased over the decade since then.
Sequentially, the loss widened from Rs 2,416.37 crore in the third quarter ended December 2017.
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'These officers should have sat together and sorted things out.' 'And if things were not working out amicably then the other organisations which control the CBI -- be it the CVC or the prime minister's office or even the home ministry -- someone should have gone ahead and solved these problems rather than reducing it to this farcical situation.'
The human toll in the floods and relentless rain across the country reached almost 200 by Thursday, even as thousands in Gujarat, Rajasthan, Assam, Odisha, West Bengal, and elsewhere were forced out of their homes into temporary shelters.
"I am very happy and proud of his achievements. I am yet to speak to him. I think he must be sleeping as it's still night in the United States," she said.
They also warned that banks will start reporting higher non-performing assets after September, once the six-month moratorium on loan repayment ends.
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