New Delhi, Apr 10 (PTI) Differences have emerged between the lenders and the RBI-appointed administrator of debt-ridden Reliance Capital Ltd (RCL) over the resolution process of the company's different subsidiaries or clusters which are on the block, sources said. As many as 54 bids were received for the resolution of RCL and its multiple subsidiaries [...]
Kathmandu, Apr 10 (PTI) Nepal’s central bank has announced a ban on the import of vehicles and other luxury items, citing liquidity crunch and declining foreign exchange reserves, despite government assurances that the economy will not go into a tailspin like Sri Lanka. Nepal Rastra Bank (NRB), the country’s central bank, issued this directive last [...]
New Delhi, Apr 10 (PTI) Bengaluru-based realty firm Sobha Ltd's sales bookings rose by 23 per cent to its all-time high of Rs 3,870.2 crore during the 2021-22 financial year on higher volumes driven mainly by low-interest rates on home loans. According to a quarterly operational update, the company's sales bookings in volume terms increased [...]
London, Apr 10 (PTI) An internal inquiry has been launched into how the tax affairs of Akshata Murty, daughter of Infosys co-founder Narayana Murthy, were leaked to a newspaper, according to UK media reports on Sunday. The Whitehall investigation within UK government quarters will look into how the information about the non-domicile status of the [...]
Sydney, Apr 10 (The Conversation) The latest report from the Intergovernmental Panel on Climate Change (IPCC) — which one of us (Arunima) contributed to — has emphasised the need for enormous change if we are to keep within the 1.5 degree Celsius warming limit.This Paris Agreement goal is currently beyond our reach. Achieving it would [...]
New Delhi, Apr 10 (PTI) Stressing that reforms are necessary for the agriculture sector, Niti Aayog member Ramesh Chand on Sunday said the repeal of three farm laws has come as a 'setback' to higher price realisation by cultivators and could be a factor in achieving the goal of doubling farmers' income by 2022. He [...]
Farm sector growth to be around 3 pc in FY22; can improve in FY23 if monsoon, other conditions are favourable: Niti member Ramesh Chand. PTI BKS ABM ABM
Jerusalem, Apr 10 (PTI) Eighteen agricultural officers from seven Indian states are on a 15-day visit to Israel to learn about new innovative approaches and smart technologies in the key sector that can add more value to the farmers.The agricultural officers from Indo-Israel Centers of Excellence (CoE) are taking part in an extensive state course, [...]
Shillong, Apr 10 (PTI) Over 350 mobile towers will be set up in Meghalaya to ensure that all villages come under mobile network, officials said on Sunday. Meghalaya has 6,839 villages of which 1,164 villages are not covered by any mobile network, they said. The chief secretary recently reviewed implementation of the Universal Service Obligation [...]
Strong SIP book and lower returns from traditional investments made equity mutual funds an attractive investment destination for investors with equity-oriented funds receiving a staggering net inflow of Rs 1.64 lakh crore in 2021-22. This comes following a net outflow of Rs 25,966 crore during 2020-21, data with Association of Mutual Funds in India (Amfi) showed. [...]
