Tag: india politics
Delhi blame game over air pollution intensifies
The blame game between the ruling AAP and the opposition BJP on the pollution crisis intensified on Saturday even as Delhi remained gripped by the crisis of hazardous air quality. The AAP blamed the BJP-governed Haryana for the crisis faced by people in t...
SP preparing to contest all 80 UP seats
Samajwadi Party president Akhilesh Yadav on Saturday said his party is making preparations on all the 80 Lok Sabha seats in Uttar Pradesh as it will also help support its INDIA partners on the seats allocated to them in the 2024 elections. This comes days...
Modi accuses Cong leaders of ‘filmy’ conduct
Prime Minister Narendra Modi on Saturday said the Congress leaders, their ”dialogues” and their announcements are all ”filmy” as he took a jibe at ’tear clothes’ remarks of the Madhya Pradesh Congress leaders. Speaking at a rally at Ratlam in BJP-ruled Ma...
Investors Lap Up 50-Year Bond; Insurers, Pension Funds Line Up To Grab A Share
MUMBAI: The government’s auction of the first 50-year bond evoked a strong demand from investors on Friday as the Reserve Bank of India (RBI) received bids worth Rs 40,200 crore (4x) for these ultra-long bonds, against the notified amount of Rs 10,000 cro...
Firms Dither On Hiring As Labour Market Stagnates, Says NCAER Survey
NEW DELHI: The share of companies looking to increase permanent employees in the next six months nearly halved to 15.9 per cent in the September quarter from 30.9 per cent in the previous quarter, reflecting the stress in the labour market. Similarly, the...
Sunrise Food Processing Sector Got Rs 50,000 Crore Worth FDI In Last 9 Years: PM
NEW DELHI: India’s sunrise food processing sector has attracted Rs 50,000 crore FDI in the last nine years, Prime Minister Narendra Modi said on Friday, as he stressed on reducing post-harvest losses and food wastage. He also said India’s food processing...
Services Activity Pace At 7-Month Low In October
NEW DELHI: Services activity grew at the slowest pace in seven months in October as fierce competition and subdued demand due to an uptick in price pressures weighed down on expansion and dented business sentiment. The seasonally adjusted S&P Global I...
Banks Raise Unhedged Currency Risk Issue With RBI
MUMBAI: Indian lenders expect North Block to seek a lower premium while selling green bonds in a higher-for-longer yield environment this fiscal year and are concerned the relative currency-market stability, a fallout of calibrated central bank interventi...
Mahua says ready for probe, calls for decency
Trinamool Congress MP Mahua Moitra, who accused the Lok Sabha Ethics Committee of asking humiliating questions during a ”cash-for-query” hearing, expressed her readiness to cooperate with the probe while stressing the importance of protection from misogyn...
AAP minister accused of hawala payments to China
The Enforcement Directorate on Friday alleged that Delhi minister and AAP leader Raaj Kumar Anand has been accused by the Directorate of Revenue Intelligence (DRI) of making hawala payments to China and evading customs duty of Rs 7 crore on imports. The f...
ILO Doesn’t Clock In To NRN’s 70-Hour Work Week Model
The International Labour Organisation has said the 70-hour work-week is not mandated under any national law in any country. Instead developed nations are moving towards the ILO’s latest convention that mandates a 40-hour work-week in place of the 48- hour...
Satcom Spectrum Allocation, OTT Rules Set To Be Delayed
NEW DELHI: Two major industry issues which has divided telecom operators and big tech firms — regulation of OTT (over-the-top) communication services and allotment of satellite spectrum – are unlikely to be resolved anytime soon. This is because the Telec...
Zurich Insurance To Pick 51 Per Cent Stake In Kotak Gen Insurance For Rs 4,051 Crore
MUMBAI: Switzerland-based Zurich Insurance Group will acquire a 51 per cent stake in Kotak Mahindra General Insurance Company for about Rs 4,051 crore through a combination of fresh capital infusion and share purchase. This will be the largest investment...
Corporate Bond Issuances Slow Down Amid High Interest Rates, Volatility
MUMBAI: Indian Inc raised as much as ₹5.33 trillion during the first seven months of this fiscal through corporate bond issuances, up by 3.2% compared to the same period in FY22. While the fund raised has improved marginally, what is surprising is the sha...
Insolvency Board Seeks To Expedite Resolution Process
NEW DELHI: In a bid to streamline the Corporate Insolvency Resolution Process (CIRP) and prevent delays in the execution of the resolution plans, the Insolvency and Bankruptcy Board of India (IBBI) has floated a discussion paper and proposed amendments to...
