Quoting Shakespeare, he noted: "As Shakespeare said of the earlier Queen Elizabeth, she was a pattern to all princes living."
The Reserve Bank of India (RBI) on Wednesday announced an extension of interim ways and means advances (WMAs) limit of Rs 51,560 crore to state governments till September, to help them tide over the financial stress posed by the second wave of COVID-19. WMAs are temporary advances given by the RBI to the states to tide over any mismatch in receipts and payments. There are two types of WMA - normal and special. While normal WMA are clean advances, special WMA are secured advances provided against the pledge of the government of India dated securities.
Congress leaders have supported the Union government's stand of abstaining from voting in the anti-Russia resolution in the United Nations General Assembly, informed sources on Thursday.
In veiled criticism of the Ashok Gehlot government on Tuesday, Congress leader Sachin Pilot called for zero tolerance to incidents like the recent killing of a Dalit boy and called for action against local officials for an alleged lathi-charge on the victim's family.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Britain on Thursday warned that there was a 'very credible' report of an 'imminent' terrorist attack by the Islamic State terrorists targeting those gathering at Kabul airport in an attempt to flee war-torn Afghanistan.
Ulhas Joshi, Head -- Sales, Rank MF, a mutual fund investment platform, answers your queries.
With a report on Uber by the International Consortium of Investigative Journalists (ICIJ) opening a Pandora's box, the company is in a damage-control mode. Distancing itself from the actions of its management pre-2017, Uber, while acknowledging the "mistakes" of the past, has said that under CEO Dara Khosrowshahi, it "is a different company". "There has been no shortage of reporting on Uber's mistakes prior to 2017.
President Ram Nath Kovind appointed Kejriwal as the CM of Delhi. The President has also appointed six MLAs -- Manish Sisodia, Satyendar Jain, Gopal Rai, Kailash Gehlot, Imran Hussain and Rajendra Gautam -- as ministers of the Delhi government following the advice of the CM.
Kher reportedly had earlier said that all the issues in the valley will be resolved if Article 370, which provides special autonomous status to Jammu and Kashmir is abolished.
This came after the Jammu and Kashmir administration issued an advisory to tourists and Amarnath Yatris to leave the Valley immediately, citing a terror threat.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your mutual fund queries.
The DGCA advised airlines to remain ready to operate additional flights from the Srinagar airport if the need arises.
'Being alert is the most important weapon in one's armoury when one is on her own or is venturing out in unknown territory.'
Government sources said the Pakistani action was "blatant violation" of the SCO charter and against all its established norms of safeguarding the sovereignty and territorial integrity of SCO member states.
Nearly three weeks after students and staff members were mercilessly gunned down by Taliban terrorists at the army-run school in Peshawar on December 16, 2014, the doors of the school were reopened on Monday, with classes resuming later this week.
Setting aside Sebi's direction, the Securities Appellate Tribunal (SAT) on Monday allowed PNB Housing Finance to go ahead with the shareholders' meeting on Tuesday to consider the proposed Rs 4,000 crore-investment by private equity firm Carlyle and others in the mortgage firm. However, results of the shareholders' voting will not be disclosed till further directions from the tribunal. The ruling comes hours after PNB Housing Finance informed stock exchanges that it has appealed against Sebi's direction on June 18 wherein it was asked to defer consideration of the proposed capital infusion proposal till a valuation of the company's shares is done by a registered independent valuer.
The apex court, which has been mulling over the issue in its meetings held at the residence of Chief Justice of India S A Bobde on Thursday and Friday, took note of the government's March 5 advisory cautioning against mass gatherings in view of the fact that the World Health Organisation has declared COVID-19 a 'global pandemic'.
Ulhas Joshi, Head -- Sales, Rank MF, a mutual fund investment platform, answers your queries.
Independent directors
'China, much more than Pakistan, is a credible potential adversary with the ability to hurt our interests.' 'It must figure higher in our national security concerns,' says Vice Admiral Premvir Das (retd).
Sebi on Monday barred Franklin Templeton AMC from launching any new debt scheme for two years and fined it Rs 5 crore for violating regulatory norms in the case of winding up of six debt schemes in 2020. Also, it has been asked to refund investment management and advisory fees to the tune of Rs 512 crore, including interest, collected with respect to the six debt schemes, Sebi said in its 100-page order. In a separate order, the regulator has barred Vivek Kudva, former head of Asia Pacific (APAC) for Franklin Templeton, and his wife Roopa from the securities market for one year for redeeming units of Franklin Templeton MF schemes while in possession of non-public information.
Ulhas Joshi, Head -- Sales, Rank MF, a mutual fund investment platform, answers your queries.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Regional States will be worried that the US's nascent engagement with the Taliban behind the fig leaf of humanitarian aid enables the return of US intelligence personnel to Afghanistan, observes Ambassador M K Bhadrakumar.
Risk is difficult to evaluate, warns Harsh Roongta.
The two Tests will be played from February 3 to 7 and February 11 to 15 in Chittagong and Dhaka respectively.
'Better to prevent than to wait for evidence. Protection delayed can also mean protection denied'
Online auto classified platform CarTrade Tech on Tuesday said it fixed a price band of Rs 1,585-1,618 a share for its nearly Rs 2,999-crore initial public offer. The initial public offering (IPO) will open for subscription on August 9 and conclude on August 11. The bidding for anchor investors will open on August 6, the company announced. The initial share-sale will be entirely an offer for sale (OFS) of 18,532,216 equity shares.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
It is learnt that the camp office in Lviv would be able to coordinate the evacuation of Indians to Poland and Hungary while the one at Chernivtsi would facilitate exit to Romania.
'Movement of naval forces at sea is often more than just perfunctory deployment -- reading the messages that they send is important,' alerts Vice Admiral Premvir Das (retd).
India is primarily focusing on evacuating its nationals from conflict zones in eastern Ukraine including Kharkiv and Sumy, and that the total number of Indians still stuck in the battle-scarred nation is roughly in the range of 2,000 to 3,000.
Consumer stocks remain the biggest laggard on the bourses. The Nify50 weighting of FMCG stocks declined to a decade low of 9.9 per cent at the end of March this year, down 150 basis points from 11.4 per cent a year ago. At their peak in March 2013, major FMCG stocks, such as Hindustan Unilever, ITC, and Asian Paints, together accounted for 15 per cent of the Nifty50. But now together with automobile stocks, the consumer goods sector accounts for only 14.7 per cent of the index, down 200 basis points in the past 12 months and 37 per cent from the record high weighting of 23.4 per cent at the end of March 2014.
Earlier this month, Sobha Kapoor and Ekta Kapoor, part of the promoter group of Balaji Telefilms, faced shareholder ire when they failed to obtain the requisite votes on resolutions proposing pay increases for them. In recent months, several promoter-directors, including Siddharth Lal of Eicher Motors and Pawan Munjal of Hero MotoCorp, have faced similar situations. Clearly, large institutional shareholders - and public shareholders - are not taking kindly to promoter-directors upping their remuneration takeaways at a time when the prospects of business recovery are clouded by the anticipated third wave of the Covid-19 pandemic.
While Mizoram alleged that personnel of the Assam police fired on its civilians injuring one, the neighbouring state claimed that the men in uniform only returned the fire after miscreants from the other side of the border sprayed bullets on them.
Jaishankar also emphasised the need for ensuring that Kabul's neighbours are not "threatened by terrorism, separatism and extremism".
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
All TV channels have been asked not to broadcast live anti-terrorist operations to avoid any adverse impact on rescue exercise.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
