The Union Cabinet on Wednesday approved additional funding of up to Rs 3 lakh crore at a concessional rate of 9.25 per cent through the Emergency Credit Line Guarantee Scheme (ECLGS) for the MSME sector hit hard by the coronavirus crisis. The ECLGS was the second-biggest component of Rs 21 lakh crore comprehensive package announced by Finance Minister Nirmala Sitharaman last week.
Foreign ministers trying to reach an agreement on Iran's nuclear programme in Vienna are considering extending the negotiations as the Monday deadline looms large with "serious gaps" in the dialogue.
In a possible relief for former Maharashtra chief minister Ashok Chavan, the Central Bureau of Investigation moved the Bombay high court seeking permission to delete his name from the FIR in the Adarsh Housing scam case.
'Despite much hype of optimism, everyone went home empty-handed without a clear picture where they are heading in the future,' notes Dr Rajaram Panda.
'Xi Jinping is keen that the second Trump-Kim summit happens soonest.' 'Kim is reported to have told Xi that he expects to achieve a result from a second summit that the international community would welcome,' points out Dr Rajaram Panda.
Bollywood actor Sonu Sood is a 'habitual offender' who keeps carrying out unauthorised construction work in a residential building in suburban Juhu despite demolition action initiated on two occasions in the past, the Mumbai civic body stated in its affidavit filed in the Bombay high court on Tuesday.
About 50 per cent of the accounts that availed of the EMI moratorium amid the pandemic, which made things worse in an already slowing economy, are expected to be restructured, and of these accounts that would undergo restructuring, one-third, or Rs 6-9 trillion, could turn into NPAs.
Kim did not rule out diplomacy with the Biden administration despite that Pyongyang called Biden a 'rabid dog' after Biden labelled Kim a 'thug'.
Turkey's state-run Halkbank can only resume processing Indian oil payments to Iran once Western sanctions are officially lifted following an interim deal in Geneva last month, a senior Halkbank official said on Wednesday
North Korea warns the US that it will soon 'suffer the greatest pain it ever experienced in its history'. Rajaram Panda looks at the latest twist in the North Korean crisis.
Brent crude was trading at $105 a barrel on Friday while US oil was at $96.75.
Centre ordered release of Rs 1,086 crore to four states as advance financial assistance for undertaking preventive and relief measures to deal with the cyclone.
A large number of people had gathered on the NH 08 at Panisagar and blocked it, demanding to call off the resettlement planning of the government. The Joint Movement Committee (JMC) comprising Bengalis and local Mizos had observed five days strike from Monday on the issue and blocked NH8 Saturday.
An ICC source said that Cricket South Africa hasn't yet reached a situation that demands the apex body's intervention.
Strongly condemning the blasts in Hyderabad, Prime Minister Manmohan Singh tonight said those responsible for the "dastardly" act would not go unpunished as he appealed for peace. Singh sanctioned Rs 2 lakh each to next of kin of those killed in the blasts and Rs 50,000 each to those seriously injured from the PM's Relief Fund.
October 14, 2012, was a sad day for Law Minister Salman Khurshid and the India Today group, which owns a number of print journals and TV channels, says B Raman
The state government has instructed officials in coastal districts and various departments to be alert to tackle any emergency situation
The prominent recipients include Maharashtra (275), Delhi (275), Gujarat (175), Bihar (100), Karnataka (90), Rajasthan (75).
His statement assumes significance in the wake of a row over the Centre's refusal to accept the United Arab Emirates' reported offer of Rs 700 crore to the flood-hit state.
The Supreme Court on Monday sought the response of former UP Chief Minister Mayawati on a plea seeking her prosecution in the Rs 17 crore Taj corridor scam case without the sanction of the Governor.
The number of those rescued has gone up to 25, with five more persons being pulled alive out from the debris since Monday night, police said. The dead include 11 children, aged between two to 15 years, an official said.
Speaking to reporters after a Cabinet meeting, Chief Minister Oommen Chandy said the Civil Supplies Corporation and Horticulture Corporation would get Rs 65 crore (Rs 650 million) and Rs 15 crore (Rs 150 million) respectively, while the balance amount would go to the Consumer Federation and other state agencies.
'Due to the ongoing pandemic and lockdown, we the sports bodies are unlikely to get any sponsorship and hence we may find it very difficult to restart our activities effectively'
Team Anna member Arvind Kejriwal has said corruption is one the major factors behind farmer suicides in Vidarbha region of Maharashtra, and the Jan Lokpal Bill will bring relief to the distressed peasants.
In a huge relief for India's Commonwealth Games contingent, its boxers were cleared of any doping violation, but they remained under the scanner for breaching the Games' strict 'no needle' policy.
In a blow to former Maharashtra Chief Minister Ashok Chavan, the Bombay high court on Wednesday dismissed his appeal
While flight operations have already resumed, inter-intra state train services also were partially operating since Tuesday night, they said.
The court sentenced Saeed to five-and-a-half years and imposed a fine of Rs 15,000 in each case. The sentences of both cases will run concurrently.
With satisfactory progress of monsoon rainfalls prompting farmers to bring in additional area under basmati sowing, prices are set to fall lower going forward.
Penalty must act as a deterrent. If it is too low, it could encourage the regulated entities to lap up penalty instead of complying with the norms, suggests Tamal Bandyopadhyay.
Notwithstanding how the current impasse is solved, at some point in the future, Russia will realise that just as centuries ago it developed the paradigm of securing its heartland's safety through annexing vast buffer zones between itself and the enemy, a more modern security is possible only through friendly relations and sustainable peace, observes Shyam G Menon.
The Congress and the central government heaved a sigh of relief on Tuesday with the Supreme Court holding that the prime minister was not obliged to sanction any permission to Dr Subramanian Swamy for prosecuting Telecom Minister A Raja, who has since resigned, in the 2G spectrum scam.
With reports of eight fresh deaths on Thursday, the total toll in Bihar flood increased to 135, with Bhojpur district accounting for 12 deaths in the second round of floods due to the swollen Ganga.
The Trump administration has been very clear that the acquisition of advanced Russian technology sends the wrong message to Russia at a time when it continues its aggressions, the official said.
Neither Biden nor his successors can any longer ignore the threat China has come to pose to the US in both economic and military fields, observes Virendra Kapoor.
Kyrgios out of Australian ATP Cup team as world ranking slips.
To address the supply crunch, CII has suggested leveraging the existing excess capacity in the Indian industry; rolling back import duty hike to look for alternative sources of imports; expanding credit to manufacturing units with quick loan sanctions, and one-time emergency waiver of non-performing asset regulations for three months.
In a U-turn in the Kerala fishermen killing case, the Union home ministry on Friday asked the National Investigation Agency to dilute the charges against the two accused Italian marines from murder to violence, thus sparing them from the possibility of getting death penalty.
The United States wants India to wait for a final nuclear deal between Tehran and world powers before actively engaging with Tehran.
