Prime Minister Narendra Modi and President Vladimir Putin held the 21st India-Russia summit, covering an array of areas with an aim to further enhance the special and privileged strategic partnership between the two countries.
'The environment has been great and the guys are having fun in the last four weeks. There is absolute clarity when we were chasing it down and there was total belief.'
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.
Noting that various mathematical models meant for predicting coronavirus waves have repeatedly failed to give reliable results due to a small sample size, the Centre on Tuesday said it is closely following the virus trajectory globally, given the emergence of its new variants.
New Zealand captain Kane Williamson admitted that playing the second leg of Indian Premier League in the United Arab Emirates helped in understanding the conditions better in the lead up to the T20 World Cup.
These are the four primary issues that have soured the relationship between SBI-led lenders and JKC and delayed the resumption of commercial flights by Jet Airways, once India's largest private airline, which went bankrupt in 2019. Over the past three years, the airline went through an insolvency process under which JKC's resolution plan was approved by a committee of creditors (lenders) and the National Company Law Tribunal (NCLT) in October 2020 and June 2021, respectively. But this didn't mean an end to the problems.
'Rain-fed farms in the drier parts of the country are feeling the pinch of lack of water, and this pinch is only going to increase. Some of the biggest companies have shut down because of non-availability of water.'
If you messed up and pushed her away, all you need is to prove to her your love and respect.
Instead of jumping into marriage Indians now like to understand the person first as friends and discover if they truly have a connection, observes Shalini Singh, founder, andwemet, an Indian matchmaking Web site.
India's immediate target is to win their remaining three group matches to try and stay alive in the Twenty20 World Cup and not worry about any run-rate scenario yet, batting coach Vikram Rathour said on Tuesday.
Wipro Chief Executive Officer Thierry Delaporte drew a pay package of $8.7 million (around Rs 64.3 crore) in the financial year 2020-21, according to a regulatory filing. Delaporte's compensation is for the period from July 6, 2020, to March 31, 2021, and includes components such as a one-time cash award, annual stock grant and one-time grant of RSUs (restricted stock units). The former Capgemini executive had joined the Bengaluru-headquartered Wipro as its chief executive officer and managing director on July 6, succeeding Abidali Neemuchwala.
'Even DK was finding it a little bit difficult at the start. The wicket played a huge role in this game. And as for that strategy, we can and we will be going with it in the next matches as well.'
Bangladesh looked to be closing in on a shock victory over world Test champions New Zealand after Ebadot Hossain's three-wicket burst in the final session of the fourth day reduced the hosts to 147-5 in the opening Test.
Raches Ella, project lead, Covid-19 vaccines at Bharat Biotech said in a series of tweets that he was 'surprised' that media and researchers were drawing conclusions based on non-peer reviewed work.
The study by a group of doctors showed that after two shots of the vaccines, 98 per cent recipients of Covishield showed antibody response, while the same was 80 per cent among Covaxin recipients. Sohini Das and Ruchika Chitravanshi report.
Twelve months on and things have not got any easier for Tennis Australia with Omicron spreading through the country just as the first players are set to arrive for warm-up events ahead of the Melbourne Park tournament.
Former NSE managing director (MD) and chief executive officer (CEO) Chitra Ramkrishna and group operating officer and her advisor Anand Subramanian ran a 'money-making scheme' during their stint at the National Stock Exchange (NSE), markets regulator Securities and Exchange Board of India (Sebi) has alleged. The order passed by Sebi dated February 11 highlights frequent increase in the compensation package of without proper appraisal, documentation or file notings, and the involvement of the human resource (HR) head or the nomination and remuneration committee. Furthermore, the order talks about Subramanian being directed to "withdraw and surrender" to the unknown person a gross amount per month as "gratitude".
Sri Lanka were reeling on 86/6 in response to India's 252 on day one of the second Test, leaving the hosts 166 runs ahead so far in the day-night game.
Samsung's connected technology solutions provider Harman on Wednesday said it has started a 5G testing lab in India to help companies test their devices for operating them on the next generation network. The company said its 5G lab enables a holistic, device-to-cloud performance analysis -- enabling chipset conformance testing, pre-certification testing, network operator approval testing, application performance verification and more. Harman Digital Transformation Services (DTS) senior vice president David Owens said advances in technologies like 5G yield significant opportunity to accelerate innovation across nearly every industry -- from healthcare and manufacturing, transportation to consumer device support.
Like their international peers, Indian CEOs too have a significant portion of their incomes coming from stock options and performance-linked bonuses
Concerned over inflationary pressures in the economy, the Reserve Bank of India (RBI) is bringing down surplus liquidity in the system rapidly. It has fallen to pre-Covid levels and almost 2 per cent of banks' net demand and time liabilities (NDTL). NDTL shows the difference between the sum of demand and time liabilities (deposits) of a bank (with the public or the other bank) and the deposits in the form of assets held by the other bank.
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.
Assets under management of India-dedicated funds have slid 20 per cent in the year to November to $35.2 billion.
Wipro chief executive Abidali Z Neemuchwala saw his pay package grow 41 per cent to $ 3.9 million during 2018-19.
New Zealand pacer Kyle Jamieson on Thursday said his team will need to make the most of the second new ball when play resumes on the second morning of the first Test against India.
Pujara admitted that the pitch is extremely difficult to bat on and the runs put on board is good enough to challenge Australia
Kagiso Rabada took five wickets as they cruised to victory over West Indies
South Africa's Quinton de Kock rediscovered his batting form with a career best 141 not out as the tourists seized control of the first Test against a wilting West Indies at the close of play on day two in Saint Lucia on Friday.
The RBI wants to include shares and options within the variable salary of the CEOs, proposed to be capped at 200 per cent of their fixed salary; the floor for it is 50 per cent.
A lot of grey areas are yet to be addressed, but a young Indian team, with an admirable collective temperament, will start as favourites in the series-deciding fifth T20 International against South Africa, in Bengaluru, on Sunday.
Their winning streak halted by defending champions Chennai Super Kings, Royal Challengers Bangalore will hope Harshal Patel returns to the playing eleven and contribute in bringing their campaign back on track when they face Delhi Capitals in the IPL match at the Wankhede Stadium in Mumbai on Saturday.
To further strengthen the supervision on non-banking entities (NBFCs), the Reserve Bank on Tuesday issued revised guidelines on a Prompt Corrective Action (PCA) framework for such companies, excluding government-owned ones, effective from October 1, 2022, on the lines of what it had introduced for banks in 2002. The RBI came up with stricter supervisory norms under the PCA framework for banks after their bad loans mounted and balance-sheets bled badly. This involved restricting them from fresh lending, brand opening and, hiring, among others. The RBI said the revised PCA framework is also applicable to all deposit-taking non-banking financial companies (NBFCs), all non-deposit taking NBFCs in the middle, upper and top layers, including investment and credit companies, core investment companies, infrastructure debt funds, infrastructure finance companies and microfinance institutions.
Russia President Vladimir Putin on Monday described India as a great power, a friendly nation and a time-tested friend and echoed common concerns over terrorism, drug trafficking and organised crime as he held wide-ranging talks with Prime Minister Narendra Modi.
'The deaths of the children in the Gambia would batter India's reputation as the developing world's pharmacy.'
Shifting his focus to the basics and a 'special chat' with his Royal Challengers Bangalore teammate AB de Villiers helped India skipper Virat Kohli bounce back to his best in the second T20 International against England, in Ahmedabad, on Sunday.
Infosys CEO Salil Parekh has got a massive 88 per cent jump in annual remuneration to Rs 79.75 crore, making him one of the highest-paid executives in the country. The software services firm has sought shareholders' approval for the reappointment of Parekh as chief executive officer and managing director for a second five-year term beginning July 1. According to the company's annual report released on Thursday, Parekh, 58, took home a salary of Rs 71.02 crore in the fiscal year ended March 31, 2022.
Images from Day 2 of the first Test between India and New Zealand, in Kanpur, on Friday.
It is a mistake to believe that children are unaware when parental battles happen behind closed doors.
The Reserve Bank may be hitting the end of its tolerance for high inflation and will most likely hike interest rates in the first half of 2022, analysts said on Friday. The central bank will also start rolling back its accommodative policies which have led to easy liquidity conditions, they said. The view from analysts came even as inflation cooled down to 5.6 per cent for July, after two months of breaching the upper end of the RBI's tolerance band of 6 per cent.
Rediff.com's Rajesh Karkera and Hitesh Harisinghani spotted these stylish attendees at the FDCI x Lakme Fashion Week in Mumbai.
