'Increased allocations for MNREGA could have provided the much needed push to rural demand and consumption at a time when recovery continues to remain uneven.'
Aircraft manufacturer Embraer has agreed to pay over $205 million (over Rs 1,371 crore) as settlement with American and Brazalian authorities for resolving corruption charges in India and three other countries.
Observing that there is liquidity overhand of Rs 13 lakh crore in the system, RBI Governor Shaktikanta Das said on Friday that the exceptional measures undertaken during pandemic will be dealt in sync with macroeconomic developments to preserve financial stability. Since the onset of the pandemic, the Reserve Bank has maintained ample surplus liquidity to support a speedy and durable economic recovery, he said while announcing the outcome of the Monetary Policy Committee (MPC) meeting. The level of surplus liquidity in the banking system increased further during September 2021, with absorption under fixed rate reverse repo, variable rate reverse repo (VRRR) of 14 days and fine-tuning operations under the liquidity adjustment facility (LAF) averaging Rs 9 lakh crore per day as against Rs 7 lakh crore during June to August 2021, he said.
External Affairs Minister Sushma Swaraj and Defence Minister Nirmala Sitharaman were to travel to the US to take part in the meeting with US Secretary of State Michael R Pompeo and Secretary of Defence James Mattis on July 6.
During his three-day UK visit until Tuesday, Modi is listed to address the COP26 summit with a national statement about India's climate action plan in the afternoon session on Monday, ahead of Australian Prime Minister Scott Morrison and Pakistan Prime Minister Imran Khan.
As the central bank continues to increase forex reserves by running down the forward book which totalled $42 billion as of end-July, signalling its strong resolve to build a bigger reserve cushion to aid its expansionary, unorthodox monetary policy, the reserves are set to top the $655-billion-mark by March, according to a report. The forex kitty declined by $2.10 billion to $619.36 billion for the week to August 13 due to a fall in the core currency assets and gold, showed the latest RBI data. The reserves had risen to a lifetime high of $621.46 billion in the previous reporting week ending August 6.
Participants can provide anonymous feedback on market manipulation.
The 26-year-old Avinash Sable, who qualified for the Tokyo Olympics 3000m steeplechase event during the World Athletics Championships last year, became the first Indian to run a half marathon under sixty one minutes.
Polling was held for over hundred civic bodies in Punjab on Sunday amid stray incidents of skirmishes at some places.
Argentineans pay almost double of Indians to buy the tablet.
We followed the highest standard of corporate governance and disclosures, says Nilekani.
Last month, President Trump offered to be the "mediator" between India and Pakistan on the Kashmir issue when he met Prime Minister Imran Khan for the first time at the White House.
The per second billing introduced by telecom companies has come as a boon to millions of mobile users in the country but it is proving to be a bane for cellular service providers as it is affecting their revenues, feel industry experts.
Six years ago, the company discovered an incident of embezzlement of about $4 mn by an employee.
Triple jumper Renjith Maheswary won a silver to swell India's medal tally to five on the third day of the Asian Indoor Athletics Championships in Doha on Sunday.
On production capacity of Covishield, the vaccine being manufactured and supplied by Serum in India under a licensing agreement with Oxford and AstraZeneca, he said the present capacity is 130 million doses per month and always try to increase it further.
World University Games silver medallist shot putter Inderjeet Singh achieved the qualification mark for the Rio Olympic Games in 2016 with a throw of 20.65m on the second day of the 19th Federation Cup at Mangala Stadium, in Mangalore, on Saturday.
Completing a marathon below two hours and 10 minutes is considered an arduous task, but Kenyan athlete William Kipsang is determined to do just that at the ninth Standard Chartered Mumbai Marathon on Sunday.
No statement has been recorded by the accused police officer, GL Singhal, in the Ishrat Jahan case under Section 164 of the Criminal Procedure Code, sources have told rediff.com
In her letter to Congress President Sonia Gandhi three days ago, Kidwai said she was relinquishing charge as party general secretary and Mahila Congress chief as he felt that Rahul Gandhi should be given the necessary space to bring in younger leaders of his choice
A fit-again Irfan Pathan feels that he is close to bowling at his best and it's just a matter of time before he is again back in contention for the seam bowling all-rounder's slot in the Indian cricket team that has been up for grabs for some time.
CBI sources told PTI that the investigating team went to Presidency Correctional Home and questioned Ghosh under Section 161 of CrPC (examination of witnesses by police).
Apprehending misuse of Section 377 of the Indian Penal Code against homosexuals in the future, Law Minister Veerappa Moily has said the law should not become an instrument of exploitation by authorities.
This is a key reason for the finance ministry's objection to fixing the tenure at 100 years, as it is pushing PSBs to be self-dependent and raise funds from the market, reports Hamsini Karthik.
Pompeo, who became the Trump administration's highest ranking official to visit Sri Lanka, said that the US and Sri Lanka shared a vision for democracy to build a relationship and the "freedom to hold democratic elections".
So far, no other vaccine has been approved globally for children below 12 years. Sohini Das reports.
A decision on repealing the controversial Section of the Penal Law which criminalises homosexuality would be taken only after considering concerns of all sections of society, including religious groups like the church, Union Law Minister Veerappa Moily said on Sunday.
'A strong foreign exchange reserve is the best safety net against global spillovers.'
Did you know that you can get a tax benefit of up to Rs 50,000 under a health insurance policy?
The Reserve Bank of India on Friday decided to leave benchmark interest rate unchanged at 4 per cent but maintained an accommodative stance as the economy faces heat of the second Covid wave.
The IAF transport aircraft landed in Jamnagar, Gujarat with over 120 people including officials and security personnel from the embassy.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Taruna Bakshi shares healthy winter recipes.
Sebi had also ordered the fund house to compensate investors who had redeemed their units since the date of allotment of shares in the I-Sec IPO.
Lok Sabha Secretary General says protesting in House amounts to contempt of Speaker and asserts need to follow procedure when registering disagreement
Bonhomie replaced an atmosphere of shock and anger in the house of Gulrez Khan alias Vickky, after Supreme Court scrapped a section 66A of IT Act.
The government on Wednesday asked the Reserve Bank to maintain retail inflation at 4 per cent with a margin of 2 per cent on either side for another five-year period ending March 2026. To control the price rise, the government in 2016 gave a mandate to the RBI to keep the retail inflation at 4 per cent with a margin of 2 per cent on either side for a five-year period ending March 31, 2021.
He said the cabinet secretary had brought to Rajiv Gandhi's notice the deterioration in situation in the capital and asked him whether they could invoke his authority to call the army.
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