highlights of the Supreme Court judgment in which it unanimously granted the entire 2.77 acre of the disputed Ram Janambhoomi-Babri masjid land in Ayodhya to deity Ram Lalla.
The Cabinet on Wednesday gave in-principle approval for strategic disinvestment along with transfer of management control in IDBI Bank in line with the Budget announcement earlier this year. The central government and LIC together own more than 94 per cent equity of IDBI Bank. LIC, currently the promoter of IDBI Bank with management control, has a 49.21 per cent stake. The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi approved the strategic sale of IDBI Bank, an official statement said on Wednesday.
After the disengagement process is completed, the two armies are likely to hold further talks to take the process further.
The share of public sector undertakings (PSUs) in the total market capitalisation of listed companies--at an all-time low of 10 per cent currently --- may get a leg-up from the government's divestment push. Recently the government announced the successful sale of national carrier Air India to Tata Sons, India's first privatisation of a PSU since 2002-03. The transaction is expected to be completed by December.
'Above 2,000 metres the gradient of the Himalayas is very steep and if you build any infrastructure (roads, dams, hydro power projects) in these regions, it will not be able to sustain these events (the onslaught of debris that comes down with great speeds).'
Amid an increase in localised lockdowns across the country, Reserve Bank Governor Shaktikanta Das on Wednesday said there is no need for a loan repayments moratorium at present, stating that businesses are better prepared to face the situation. It can be noted that the RBI had announced a six-month moratorium in the early days of the national lockdown last year to help borrowers impacted by a chilling in economic activity. The entire state of Maharashtra is in a lockdown for non-essential services and localised and night lockdowns are being observed in many pockets of the country, including the national capital, to restrict the surge in cases.
The central government's highway award and construction target for the current fiscal is dominated by the Bharatmala scheme.
It seems that the People's Liberation Army (PLA) is not in a mood to de-escalate the situation on the Line of Actual Control (LAC) as it has continued deployment of around 40,000 troops in its front and depth areas for the Eastern Ladakh sector.
Even at the entry-level, professionals who have proficiency in emerging technologies will have an edge over others in these domains.
'We are having an outsize impact not only on the lives of the customers and livelihood, but also the economy of India.'
Advice to the new finance minister from former RBI governor Raghuram Rajan: 1. Clean up banks by reviving projects that can be revived after restructuring debt. 2. Improve governance and management at public sector banks. 3. De-risk banking by encouraging risk transfers to non-banks and the market. 4. Reduce the number and weight of government mandates for public sector banks, and for banks more generally.
The Supreme Court on Friday posed tough questions on allotment of Rs 1,078 crores under National Urban Livelihood Mission to states and asked the Centre to apprise it as to what happened to the huge money and whether new shelter homes for urban poor have been built.
The CM said that initial probe indicated "mismanagement" to be the prime reason for the accident, which occurred on Wednesday evening.
Enthused by rising potato prices after a prolonged slump, Pradeep Sharma was planning to sow the crop on his 15-acre farm near Agra slightly earlier than usual. The delayed departure of the southwest monsoon also prompted his decision, since the good soil moisture would have saved at least one initial irrigation. But the acute shortage of diammonium phosphate (DAP), a crucial nutrient ahead of the sowing season for potatoes, nipped those hopes in the bud. DAP is the second-most used fertiliser in the country after urea.
'Our competitiveness with China is very important.' 'If the exchange rate depreciates, it is good for us because it helps in our competitiveness.'
Choubey said till February 4 total 81 AEFIs, which is 0.096 per cent of the total beneficiaries who have been administered Covaxin, have been reported.
Finance secretary Ajay Bhushan Pandey on Sunday hinted that the government was working on another stimulus package but he refrained from giving a timeframe.
TMC and other opposition party members rushed into the well of the House as Vaishnaw was called to make a statement over the issue.
With economic growth slowing to a six-year low, IMF Chief Economist Gita Gopinath says the government should undertake structural reforms such as bank clean-up and labour reforms to address the slowdown in domestic demand. She rooted for government policies focusing on managing a slowdown in domestic demand, and on boosting productivity growth and supporting employment creation in the medium term.
'The global semiconductor shortage has inadvertently provided an immense fillip to the pre-owned car market'
A multi-layered security cover has been put in place to secure the historic Red Fort from where Prime Minister Narendra Modi will address the nation on the 75nd Independence Day on Sunday.
Agriculture activity, according to recent channel checks by Prabhudas Lilladher, is expected to continue at a strong pace in FY22.
Megha Rajagopalan's Xinjiang series won the Pulitzer Prize in the International Reporting category.
The Reserve Bank on Friday accepted most of the recommendations of its working group on corporate ownership of private sector banks, by allowing unrestrained promoter shareholding in the first five years of operations and hiking the same to 26 per cent after 15 years from the extant 15 per cent and also the new capital requirements. The move will benefit leading banks like Kotak Mahindra Bank and IndusInd Bank, among others, which have been seeking more time from the regulator to divest their stakes for many years now. Accepting 21 of the 33 recommendations of the internal working group, the central bank said the remaining suggestions are under its consideration.
Over 160 rights groups call on IOC chief to revoke 2022 Beijing Winter Games
The exchange came at a time when the finance minister was listing out the various measures adopted by the central government to stem rising onion prices in the country.
'But thereafter the same trend is again getting popular and that is what is disturbing and alarming.' 'If this practice goes unchecked, then the entire edifice of the rule of law which gives protection to citizens of this country would crumble into pieces.'
On this day last year, ICC Anti-Corruption council officer Steve Richardson chose to eat breakfast in the executive lounge on the ninth floor of Cinnamon Grand instead of heading down to restaurant, a decision that saved him from the Easter Bombings. Richardson, who was in the country along with his colleagues to investigate corruption charges against Sri Lanka Cricket (SLC), was staying on the ninth floor of the hotel in Colombo, one of the six locations where bombs went off in a series of blasts, killing and injuring hundreds of people across the country.
The six-wheeled solar-powered rover named Zhurong, resembling a blue butterfly and with a mass of 240 kg, slowly trundled off a ramp on the lander to hit the red, sandy soil of Mars, starting its journey to explore the fourth planet from the Sun.
Stock exchanges and other market infrastructure institutions as well as their top officials are liable to face penalties for lapses in handling and recitfying technical glitches, with Sebi putting in a place a stricter compliance system driven by "financial disincentives". The markets watchdog has come out with a detailed Standard Operating Procedure (SOP) for Market Infrastructure Institutions (MIIs) less than five months after a technical glitch halted trading at the country's largest bourse NSE for nearly four hours. There will be a "financial disincentives" structure for MIIs -- stock exchanges, clearing corporation and depositories -- for any business disruption beyond pre-defined time, according to a circular issued on Monday.
As many as eight officers of the IVRCL have been arrested under Sections 302 (murder), 307 (attempt to murder) and 120B (criminal conspiracy) of the Indian Penal Code.
Prime Minister Narendra Modi on Wednesday made it clear that he will work for strengthening the federal structure of the country and would like his office to consider issues, especially those raised by the states on priority and with sensitivity.
Insisting that fitness standards in Indian cricket have improved over the years, the national team's Australian physiotherapist Patrick Farhart says he closely monitors each member of the squad as the body-types of players differ considerably.
Sports Minister Rajyavardhan Singh Rathore, on Tuesday, issued a stern warning to National Sports Federations (NSFs), saying there would be zero tolerance for misgovernance.
There will be around 4,000 security personnel at the Red Fort and they will stand in adherence with social distancing norms.
Of the 272-km Udhampur-Baramulla rail line, nearly 111-km stretch between Katra and Banihal is incomplete.
The historic coastal town is witnessing a flurry of activity, including infrastructure development in view of the high-level meet between Prime Minister Narendra Modi and Chinese President Xi Jinping next week.
The substantially increased economic dualism may exert lasting negative influences which could include a reduced potential for economic growth; the persistence of a very weak employment and poverty situation; rising social and political discord; and heightened vulnerability to geopolitical challenges, cautions Shankar Acharya, former chief economic adviser to the Government of India.
With a team of 20-odd people, Snafu tries to unearth the rough diamonds from millions of songs. Can AI help look for a needle in a haystack? Ritwik Sharma finds out.
The intrusions into India were likely carried out by the PLA's better trained and equipped 'mobile operational units'.
