Das said banks have passed only 0.29 per cent in rate cuts to their borrowers as against 0.75 per cent cuts in interest rates by the Reserve Bank till June.
India will have to sort out their top-order batting woes as buoyed by a morale-lifting 16-run victory in the previous game, a resurgent West Indies would be a tough nut to crack in the fourth and penultimate One-dayer at the Holkar Stadium, in Indore, on Thursday.
The government has only taken a pause and more measures will be announced in the days to come to help sectors hit by the coronavirus outbreak and also to make India 'Atmanirbhar Bharat', Minister of State for Finance Anurag Thakur said. Since the outbreak of the pandemic, the government has taken several steps to mitigate the hardships of the people due to lockdown and support growth, Thakur told PTI in an interview.
It plans to invest Rs 26,000 crore to develeop and manage fields.
In the 2020-21 Budget, the prime minister and the finance minister are keen to stamp their narrative, after various rollbacks following the previous Budget, said top government sources. Besides the scheduled meetings, the sources said, the Prime Minister's Office is expected to hold several meetings with top secretaries and officials on various ongoing schemes, their performance and also how some of them could be tweaked for better results.
The horror seems far from over as an injury-ravaged Indian team gears up for the third one-dayer against England at The Oval on Friday, still looking for that elusive win which would lift the sagging morale of the battle-weary side.
The India opener is returning from a shoulder surgery with very little preparation besides the two-day tour match against Northamptonshire last week.
The Sports Minister Sarbananda Sonowal is confident that India's medal tally in next year's Rio Olympic Games will go up to 10 plus from six medals, which the country's athletes bagged at London Olympics in 2012.
The government on Friday announced several relief measures including deferring one-time registration fee, lifting the ban on purchase of petrol/diesel vehicles by its departments and allowing higher depreciation, but it remained non-committal on the demand for a reduction in GST rates.
The Japanese central bank on Monday unveiled new measures, entailing short-term loans worth 10 trillion yen (about $ 118 billion) to domestic financial entities, to boost sagging economic recovery.
In a bid to lift the sagging mood and morale of its party workers over the developments of the last one month, including the crushing defeat in Bihar, the Congress party and the government have suddenly woken up to the need to effectively and aggressively counter the BJP-led National Democratic Alliance's campaign against the party.
Majority of respondents feel that the government in the forthcoming Budget will increase the standard deduction and give more incentives for housing loans.
With the economy giving positive signals, hiring is back. However, so is attrition, with disgruntled employees demanding more or moving to greener pastures to make up for lost time and money.
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India's focus on day eight will be centered around tennis mixed doubles pair of Sania Mirza and Rohan Bopanna who are to take on the US pair of Venus Williams and Rajeev Ram, on Saturday night, in the semi-finals at the Rio Olympics.
Ranked fourth in the qualification round, Deepika found the going tough against the second seed, who produced fine shooting, including a flawless third set to clinch the match 6-0 in her favour.
'The announcement has come too late. This should have been done years ago.'
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Mullah Omar, the Taliban's elusive leader, has warned United States-led troops in Afghanistan that their 'unequivocal defeat' is imminent, as the insurgents are 'forging ahead like a powerful flood' against them. In a purported online message issued to mark Eid, Omar referred to 'huge casualties and sagging morale' among the more than 100,000 North Atlantic Treaty Organisation and US-led troops in Afghanistan fighting Taliban-linked insurgents.
With sagging interest in Test cricket, the ICC is working at various ways to rejuvenate this format, perhaps by creating some form of a Test Championship League (TCL).
The Obama Administration's mega stimulus package that pumped in billions of dollars to revive the sagging US economy at the height of the recession is now giving high returns to the US Treasury, a latest report has said.
The Sensex posted its biggest single-day jump in over a decade at 1,921 points and investors' wealth soared by a staggering Rs 6.8 lakh crore after Finance Minister Nirmala Sitharaman delivered a surprise cut in corporate tax rates on Friday.
It does not stop here, though. According to field information, state ministers, AIADMK candidates and campaigners are asking BJP cadres accompanying them not to carry party flags at common rallies and also avoid their saffron shawl on those occasions. BJP cadres are also asked to stay out of the common campaign when it enters a minority-dominated areas, especially of Muslims, and re-join later, says N Sathiya Moorthy.
The actress died in her sleep but the cause is yet unknown.
The committee had eminent people on it and making any allegations like this is 'outlandish', Sitharaman said.
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Andrew Symonds has not forgiven Cricket Australia (CA) for downgrading racism charges against Harbhajan Singh and his sagging commitment dates back to the infamous 'Monkey-gate' scandal, according to reports.
The EGoM is to consider fixing users for about 50 million cubic meters per day of KG-D6 gas, official sources said. This is in addition to the initial 40 mmscmd output that was previously distributed primarily to urea and power plants.
It's not necessary to use only external benchmarks, there are multiple avenues to meet the requirement that the RBI wants, the bank said.
Aiming to bolster its sagging auto sales and ultimately getting into the black, General Motors is set to emerge leaner and cost-competitive through drastic restructuring, according to the firm's bankruptcy filing.
Bajaj Auto, the country's second-largest manufacturer of motorcycles, has phased out two more models. This makes four bike models phased out in four months, due to weak demand.
The Border Security Forces troops on Sunday foiled a pre-dawn infiltration bid by suspected militants in Ramgarh in Samba district on the Indo-Pak border in Jammu and Kashmir after a heavy exchange of fire with the ultras, prompting India to lodge a protest with the neighbouring nation over the incident.
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Be it dark colours or underwires, there is no way that your bra can trigger breast cancer, says Lakshmi Subramaniam.
Industry bodies Confederation of Indian Industry and Federation of Indian Chambers of Commerce and Industry have asked for cut in interest rates to spur the sagging economy while presenting 100-day action plans to the government on Friday. Faced with high borrowing rates and demand slowdown,industry chambers have presented separate 100-day action plans to the government asking for steps to restore the economy back on high growth trajectory.
The meet will be held in Delhi on November 20-22.
The DGCA is conducting special audit of all airlines and airports which are in monsoon-affected areas in the wake of multiple landing incidents across the country.
Import duty on steel is a critical factor determining domestic steel prices. Auto component makers and automobile majors, faced with sagging sales over the last two quarters, have expressed strong reservations against the steel industry's demand for re-imposition of 5 per cent import duty on non-alloy steel (used to manufacture car bodies and stamped auto parts).
After being down in the dumps since failing to qualify for the Olympics for the first time since 1928, the Indian men's hockey team is aiming to resurrect itself under the guidance of Spaniard Jose Brasa. The first step in the bid to revive the sagging fortunes of the country's national game, is the four-nation European tour that the team has now embarked on under new chief coach Brasa.
In the second and final part of a series, yoga acharya Shameem Akthar, takes you through all those different ways you may do while relaxing and healing cat-stretch in yoga.