Indian economist Kalpana Kochhar, who heads the Human Resources Department of the International Monetary Fund, is leaving the organisation to join the Bill and Melinda Gates Foundation, the IMF announced on Wednesday. Kochhar, who served in various senior positions during her three decades at the IMF, will retire on July 30, it said.
Adani Airports is planning to centre its airport business around Mumbai and Ahmedabad by developing them as gateway airports, feeding them with traffic from other airports in the company's portfolio. The Ahmedabad-based conglomerate - with investments in logistics, transportation, utilities and energy - intends to spend Rs 35,000 crore in the airport business in the next five years. This forms the bulk of the conglomerate's total capex of Rs 50,000 crore. According to a presentation given by the company in an investor call with Bank of America, gateway airports of Mumbai and Ahmedabad will be connected with the feeder airports of Lucknow, Guwahati, Trivandrum, Jaipur and Mangalore.
Reports suggest state-owned banks have lapped up Rs 40,000 crore, so far, using both bonds and equity instruments. The question, though, is whether there will be a perceptional change for PSB stocks.
Before migrating into the theatre command concept, it would be worthwhile to study the shortfalls experienced by the Tri Services Command in the Andaman and Nicobar islands and make good the deficiencies, suggests Commodore Venugopal Menon (retd).
'Cyrus was always very different. He would think before acting.'
Narayanan said while there would be some redundancies as a result of integration of the back-end functions of Myntra and Jabong, it will, however, be less than 10 per cent of the overall headcount
Costume designer Neeta Lulla on her fabulous work on the film, which won her a National Award.
Owaisi said the CBI should appeal against the judgment "to protect its independence."
Business failures rise when growth declines. When Indian growth slowed in the last decade, defaults increased. This is the normal working of the market economy, points out Ajay Shah.
The following is the chronology of events related to the Ram Janmabhoomi-Babri Masjid land dispute in which, after the Supreme Court verdict, Prime Minister Narendra Modi on Wednesday conducted the 'Bhoomi Pujan' or ground breaking ceremony and laid the foundation stone for the temple's construction.
'Since each chief single-mindedly pursues his service's interests in the competition for turf and in core matters such as budget share. The CDS, therefore, must act as an "honest broker" whose decisions serve the broader national purpose, rather than narrow service interests,' says Ajai Shukla.
Summary of sports events and persons who made news on Thursday
Top security czars of India, Russia, Iran and five central Asian countries on Wednesday pledged to work for ensuring that Afghanistan does not become a safe haven for global terrorism and called for the formation of an open and truly inclusive government in Kabul.
'The honourable prime minister virtually handpicked me for the Amritsar East seat.' 'Amit Shahji announced that if I am elected, the whole of Punjab will be drugs free.'
Enterprise data management will be a USD 105 bn business by 2020.
Enthused by the consensus in reaching four-tiered GST tax structure, particularly the unanimity achieved with Congress-ruled states, senior government sources were confident that the Central GST and Integrated GST Bills will be passed by both the Houses.
'The immediate attempt by China is to get its way and gain territory through small steps without having a full-scale war.'
Streak gave inside info to suspected bookie during IPL coaching stint.
It will be heard by a five-judge Constitution Bench headed by Chief Justice Ranjan Gogoi.
GST rate for petrol and diesel cars and hybrid vehicles is already at the highest bracket of 28 per cent plus cess.
Here is a timeline of the second-lengthiest case in the apex court history:
The PM said that the Union Budget will accelerate the economic growth, financially empower every citizen and strengthen the foundation of the economy in the new decade.
All of the 56 impacted associates, eight in the senior management and 48 in the middle as well as lower management, have been offered enhanced severance benefits and out placement services to support their transition, the company said.
The tax portal problem is a goof-up by both sides, and making Infosys the only villain in the story is quite unfair, argues Shyamal Majumdar.
The project shows a lack of respect for history, even if an inalienable part of it is colonial history, asserts T N Ninan.
"We are faced with certain hard facts like several courts do not have proper facilities. Some courts function out of dilapidated buildings. Judicial infrastructure is important for improving access to justice," he said.
Visvesvaraya National Institute of Technology (Nagpur) opens admissions to its full-time MTech programmes for 2008-10.
'Demand is wonderful. We have crossed 10 million on many days.' 'The Swedish trade commissioner recently said, "You guys are vaccinating the entire Sweden in one day".'
Amid deepening concerns in China over the regrouping of the ETIM, blamed by Beijing for all the violent attacks in its volatile Xinjiang province and elsewhere in the country, Foreign Minister Wang Yi met Mullah Baradar at Tianjin and sought to prevail on him to build a 'positive image and establish a broad and inclusive political structure that suits Afghanistan's national realities'.
'I play in the present without thinking about the buzz in the background,' says Vivek Sagar Prasad, who has just won the FIH Rising Star of the Year award.
Under the India-China agreement on the disengagement process in eastern Ladakh, the Chinese army will pull back its troops to east of Finger 8 areas in the northern bank of Pangong lake, Defence Minister Rajnath Singh said in Parliament on Thursday, in what is seen as a significant step to dial down tensions in the key face-off site.
The novel mRNA vaccine candidate, HGCO19, is supported with seed grant under the Ind-CEPI mission of the Department of Biotechnology. The mRNA vaccines do not use the conventional model to produce immune response. Instead, they carry molecular instructions to make the protein in the body through a synthetic RNA of the virus.
The new Parliament building will be constructed close to the existing one under the Central Vista redevelopment project, and it is expected to be completed in 21 months.
The days of a thousand cuts are over. These mini wars will remain under the threshold of undeniable war, but will escalate closer to that threshold when their big brother pushes in. Chinese aggression has changed the matrix, the strategies, and surely the objectives too, warns David Devadas.
The special package assistance would be used to augment irrigation structures in drought-prone areas to address the agrarian distress and drinking water crisis.
City hold a 2-1 lead after an impressive performance in Paris last week and Guardiola's men are within touching distance of their first Champions League final.
'Defence does not new 'planning commissions'; it needs an implementation commission.'
As per the agreement reached by the two sides, India and China will withdraw the forward deployment in a phased and coordinated manner, the defence minister said.
GST compensation law allows for imposition of cess on certain luxury goods like tobacco, high-end cars and aereated drinks to create a corpus for compensating states for any loss of revenue in the first five years
'If we accept this, then in a few years we will not see a democratic India that we know'
