The panel is expected to suggest various relief measures to put economy back on track as soon as possible, the sources said.
The group, headed by former RBI deputy governor H R Khan, has also pitched for liberalised investment cap, review of prohibited sectors for foreign investment for FPIs, permitting FPIs for off-market transactions and review of restriction on sovereign wealth funds for investment in corporate debt securities.
Boeing's confirmation that the Super Hornet has flown off a ski-jump is a statement that it is ready to operate off existing Indian aircraft carriers.
Princess Sheikha Latifa is the daughter of Sheikh Mohammed bin Rashid al-Maktoum, the ruler of Dubai and the prime minister of the UAE.
WhatsApp on Tuesday said its latest policy update does not affect the privacy of messages as the Facebook-owned company sought to address concerns around security of user data on the platform.
'The UPA was the gang that couldn't shoot straight. The NDA is the gang that can't stop shooting. They (the Modi government) are shooting at anybody, everybody, all directions, shooting themselves in the foot.'
Pakistan justifies the act saying it may be too onerous for small countries to have to participate in another working group as they have staffing issues.
The president said he will be signing a number of executive orders over the next several days of the week.
Britain has finalised 1 billion pounds worth of new trade and investment with India, creating over 6,500 jobs in the UK, to be signed off at a virtual summit between Prime Minister Boris Johnson and his Indian counterpart Narendra Modi on Tuesday. The investments confirmed by Downing Street on Monday evening form part of an Enhanced Trade Partnership (ETP), which will set the ambition to double the value of UK-India trade by 2030 and declare a shared intent to begin work towards a comprehensive Free Trade Agreement (FTA). "Like every aspect of the UK-India relationship, the economic links between our countries make our people stronger and safer," Johnson said.
S&P Global Ratings on Monday expressed scepticism over allowing corporate ownership in banks given India's weak corporate governance amid large corporate defaults over the past few years. It also said that the Reserve Bank of India (RBI) will face challenges in supervising non-financial sector entities at a time when the health of financial sector is weak. Last week, a RBI panel had proposed that large corporate may be permitted to promote banks, as well as raising the cap on promoters' stake in private sector banks to 26 per cent, from15 per cent at present.
11 new confirmed cases of the novel coronavirus infection and 13 deaths were reported on the Chinese mainland on Friday, NHC said, adding all of the deaths were in the Hubei Province, the epicentre of the disease.
Besides the 27 asymptomatic patients, 10 new confirmed COVID-19 cases, including six from Chinese returning from abroad, were reported in the country on Wednesday.
Salzburg defender Max Woeber said that fitness exercises at home were getting on the players' nerves as the Austrian champions re-started training while observing social distancing guidelines.
'This four-member committee cannot supersede the four-five member ministerial committees, 25 top-level government bureaucrats, with whom we have had nine rounds of discussions each of which lasted for more than six-seven hours.'
India, which has been at the forefront of the years-long efforts to reform the UNSC, began its two-year tenure at the Council on Friday last.
The tournament brings together the six continental champions from across the world, with European Champions League winners Bayern Munich the first to have qualified.
Henry Kissinger once said, 'It may be dangerous to be America's enemy, but to be America's friend is fatal.' India will have to wait and see, observes Rajeev Srinivasan.
Modi's hardline policy towards Pakistan and J&K has created numerous leverages and bargaining positions that New Delhi can bring to the bargaining table and translate into concessions, argues Ajai Shukla.
A portion of the Nanda Devi glacier broke off in Uttarakhand's Chamoli district on Sunday, triggering an avalanche and a deluge in the Alaknanda river system that washed away hydroelectric stations, leaving at least seven people dead and 125 missing who are feared dead.
In an address at the Council of Heads of Government meeting of the eight-member SCO, Vice President Venkaiah Naidu said the most important challenge faced by the region is terrorism, particularly cross-border terrorism, and that India remained concerned about threats emerging from ungoverned spaces as well.
Economists praise Das for his pragmatism and willingness to face challenges head on. And in doing so with the finesse of an able administrator.
Professional football has been wiped off the map for weeks, maybe months, after all the major leagues, cups and international competitions were suspended, culminating in the postponement of Euro 2020 and Copa America on Tuesday.
''None of the existing vaccines have 100% efficacy.' 'Each vaccine will work openly on a certain percentage of the population.'
Interestingly, in his entire remarks, Modi never once mentioned regional security, Ambassador M K Bhadrakumar points out.
Rahul Johri has been included in the six-member working group, set up by the ICC, to consider the sanctioning of players' release for the franchise-based Twenty20 leagues across the world.
Bad loans of PSBs are at Rs 20 trillion. Most of it is, I sense, due to corruption and behest lending. Nobody pays a price for this charade. Not the promoters, the bankers, RBI officials, finance ministry bureaucrats or politicians, points out Debashis Basu.
The postponed FIFA Under-17 Women's World Cup in India was on Tuesday rescheduled to next year from February 17 to March 7 after the world body made a "thorough assessment" of the situation arising out of the COVID-19 pandemic. The tournament was originally scheduled to be held from November 2 to 21 this year but was postponed last month due to the coronavirus outbreak, which brought global sports activities to a grinding halt.
Doval and Salman also deliberated on a range of bilateral, regional issues including the missile and drone attacks on Saudi oil facilities last month and ways to further deepen anti-terror cooperation.
Rajya Sabha took up the discussion on The Farmers' Produce Trade and Commerce (Promotion and Facilitation) Bill, 2020 and The Farmers (Empowerment and Protection) Agreement of Price Assurance and Farm Services Bill that have already been passed by Lok Sabha.
Union leaders, who came out of the meeting venue shouting slogans, said the talks remained deadlocked and some of them threatened to boycott any further meetings if no solution was found at Thursday's meeting.
India has said that the terrorist attack in Uri in Kashmir has highlighted Pakistan's desire to use "poison" instead of dialogue as it lodged a strong protest against Islamabad at the Non-Aligned Movement summit at Margarita Island in Venezuela for its "mischievous" and "malignant" support to terror.
The recommendation is being forwarded to the Union government.
'Put the assets of PMC Bank and the personal assets of the HDIL promoters and head of PMC Bank in an escrow account and ring-fence it from the ad hoc action of the revenue departments and creditors,' recommends Debashis Basu.
Is the RBI unable to accept with grace that beyond 55, one can have the ability to head the compliance functions in a bank, asks Tamal Bandyopadhyay.
New BCCI Treasurer Arun Dhumal spoke about his immediate priorities, which include increasing the Board's revenue despite the fact that the BCCI remains the richest body in international cricket.
The working groups will comprise representatives of airlines, airport operators and the AAI.
The meet will see Goyal batting for structural reforms at the WTO, where India has repeatedly called for reforms, especially in the dispute resolution mechanism that has effectively been held hostage by the US.
Cricket Australia chief executive Kevin Roberts' apprehension about the global body's plans will be music to BCCI's ears.
The Working Group set up to look into the implementation of the findings of Lodha Committee report on IPL spot-fixing scandal met representatives of Mumbai Indians and KXIP co-owner Ness Wadia, who stated that he is not in favour of inviting foreign teams to fill the void.
The 47-year-old Ganguly was officially entrusted with the task of heading Indian cricket for the next nine months at the BCCI's General Body meeting in Mumbai, ending a tumultuous 33-month reign of the Supreme Court-appointed Committee of Administrators (CoA).
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