ADB has often expressed its interest in promoting sub-regional integration in South Asia and perhaps could be involved as a facilitator.
CCPA said the primary issues raised in the notices included 'deficiency in service'. This includes lack of proper response from customer support, driver refusing to take payment by online mode and insisting for cash only.
After 2014, our growth has been average of around 5%. If this continues, we will remain here like Egypt, Brazil, South Africa and Bangladesh, points out Aakar Patel.
In the high profile co-location case, markets regulator Sebi on Wednesday imposed a penalty of Rs 1 crore on the NSE for failing to provide a level-playing field for trading members subscribing to its tick-by-tick (TBT) data feed system. In addition, the regulator levied a fine of Rs 25 lakh each on NSE's former managing directors and chief executive officers Chitra Ramakrishna and Ravi Narain. Alleged lapses in high-frequency trading offered through NSE's co-location facility came under the scanner of the watchdog after a complaint was filed in 2015.
India's current account deficit is expected to deteriorate in the current fiscal on account of costlier imports and tepid merchandise exports, according to the Finance Ministry's monthly economic review. The review released on Thursday by the ministry also said that global headwinds would continue to pose a downside risk to growth as crude oil and edibles, which have driven inflation in India, remain major imported components in the consumption basket. For the present, it said, "their global prices have softened, as fears of recession have dampened prices somewhat. This would weaken inflationary pressures in India and rein in inflation."
It's raining IPOs, with eight issues hitting the market in a span of six days. However, the pace of new filings points to a deluge during the latter part of the year. So far this year, 58 companies have filed their draft red herring prospectus (DRHP) with the market regulator for initial public offerings (IPOs), exceeding the combined tally of 50 in the last two years. Industry participants said the filing count could cross 100 this year, setting a new benchmark in terms of amount mobilised in a calendar year.
Vellore is one of the two seats that the DMK alliance won by the narrowest of margins in 2019. For the DMK's vote-score to be so low in a constituency with a substantial Muslim population has not missed the BJP strategists' eyes, observes N Sathiya Moorthy.
US companies are 'positively looking' at India.
India's progress is linked to that of all its neighbours, Prime Minister Narendra Modi said on Thursday
The consignment was imported by a trading company registered in Vijaywada in Andhra Pradesh.
'Trump's anti-trade, anti-immigrant rhetoric reminds me of Chinese history,' says A V Rajawade.
COVID-19 forced people to work from home turned into the fuel for new demat accounts, observes Debashis Basu.
When the Tatas re-boarded Air India on January 27 last year, the price of aviation turbine fuel was at over Rs 80,000 per kilolitre. Rupee was trading at around Rs 74 to a US dollar. The Omicron variant of Covid-19 was in prevalence - barely a week earlier, India had reported over 340,000 cases on a single day. Seven-day home quarantine of international travellers was the norm.
BKU (Bhanu) president Thakur Bhanu Pratap Singh told reporters he was deeply pained by whatever happened during the tractor parade in Delhi on Republic Day.
While Airtel has hiked the limit to 100 per cent in principle, the company needs to address some issues on overseas investment limits in subsidiaries, before the changes come into effect. Until then, the cap on foreign ownership will remain at 49 per cent under the automatic route.
'The deepening of China-Nepal relations need not cause heartburn in India,' says Ambassador M K Bhadrakumar.
Tractors from Punjab, Haryana, and Rajasthan have also reached on Tikri border between Delhi-Haryana as the farmers sit in for protest for nearly two months. The move comes as Delhi Police formally granted permission for the rally on January 26, assigning them routes for the same.
The annual Amarnath yatra to the 3,880-metre high cave shrine in the south Kashmir Himalayas will commence on June 28 and culminate, as per the tradition, on the day of Raskha Bandhan festival on August 22, officials said.
Biden welcomed Prime Minister Modi at the Summit and said "it is wonderful to see you again in person".
Nirmala Sitharaman's messaging was clear when she presented a well-balanced Budget with an eye on state elections in nine states followed by a general election next year, observes Ramesh Menon.
With rhino poachers creating havoc in the Kaziranga National Park, the Assam government has sent a proposal to the Union government for raising a Rhino Protection Force with more than 1,200 personnel while National Investigative Agency's help would be sought to bust the international rhino-poaching racket.
India is scrambling to crack down on a new gold smuggling tactic that it fears could accelerate a flood of illegal imports of the precious metal into the world's second-biggest buyer.
Pakistan is once again becoming a frontline State in big-power rivalry. But this time around, Pakistan stands to gain out of its geography, observes Ambassador M K Bhadrakumar.
The government was going in the "wrong direction" and it was "highly condemnable" that it did not discuss the proposed changes with trade unions and other stakeholders, says BMS, trade union arm of the RSS.
Shares of all the 14 companies are currently trading above their issue price.
Giving final touches to its most ambitious plan to build a wide network of new silk roads on land and seas to enhance global connectivity, China has invited India to join President Xi Jinping's pet project that would revive the ancient trade route and benefit the region.
If you are buying a bond to cater to your regular income needs, check the interest distribution schedule.
Tikait said the farmers are ready to talk with the government on the farm laws but made it clear that the discussions should be held without conditions.
He said that "the state of the border will determine the state of the relationship, that's natural".
Metal sector is not too happy from Budget announcements for the sector
Equity benchmark Sensex tanked over 1,000 points in the opening session on Friday tracking losses in index majors ICICI Bank, HDFC twins and Reliance Industries amid a negative trend in global markets.
'The government knows our demands and knows well about our peaceful demonstration. It can address our concern and we will be gone'
Intelligence Bureau (IB) will interrogate actor-turned-activist Deep Sidhu on Wednesday, who has been sent to seven-day police custody for his alleged role in the violence that took place at the Red Fort and other parts of the national capital on Republic Day, according to Delhi Police sources.
Talks of a merger between HDFC Bank and parent HDFC Ltd had gained steam nearly eight years ago, when the Reserve Bank of India allowed banks to issue long-term bonds to fund infrastructure and affordable housing. At that time, key executives at both entities denied any such proposal. And today, the merger has been officially announced by the two players.
Investors have gained Rs 335,770.71 crore in two days of market rally, with the Sensex scaling its fresh lifetime peak on Wednesday. Rising for the second day, the 30-share BSE benchmark jumped 476.11 points or 0.82 per cent to close at its new all-time high of 58,723.20. During the day, it gained 529.97 points to 58,777.06, its intra-day record.
Come December, India may have to re-evaluate purchases of Russian oil if a price cap on crude oil proposed by the US and the European Union (EU) comes into effect. That impacts nearly a quarter of India's oil purchases that come at a discount, helping limit marketing losses for India's state refiners and enabling New Delhi to manage inflation by freezing pump prices of motor fuels. In September, India imported 1 million barrels a day or 24 per cent of its overall imports from Russia, which became the biggest supplier of oil to India.
International oil prices retreated from an over seven-year high but was still above $100 a barrel and continue to pose threat to India's inflation rate and current account deficit. While there are no supply concerns as the oil route remained open, consumers will feel the pinch when PSU oil firms start passing on the increase in international rates through a revision in petrol and diesel prices, which have been on a pause for over three-and-a-half-months in view of elections in Uttar Pradesh and four other states. The government is "closely monitoring the situation" and will "take appropriate steps as and when required", a top official said. Brent crude oil surged past $105 per barrel on Thursday for the first time since August 2014, following Russia's invasion of Ukraine.
It said the searches that were launched on July 22 in nine cities like Bhopal, Indore, Delhi, Ahmedabad, Noida and some others are "continuing and further investigations are in progress."
