'India has a skill shortage of 56%.' 'This is a very interesting paradox -- the unemployment rate is 6% to 7%, and at the same time 20% of those qualified are unemployed.'
'There's significant interest from both existing and new sponsors who recognise the value of associating with Olympic athletes.'
Public-sector lenders Indian Overseas Bank (IOB) and Uco Bank are likely to raise funds through qualified institutional placement (QIP) next month. Punjab & Sind Bank is likely to follow suit later this financial year to meet the public shareholding norm of 25 per cent. When a public-sector unit raises funds through QIP, the money goes to the company because it involves issuing new shares whereas in the case of offer for sale (OFS), the money raised goes to the government because its shares are sold.
The CAS banned teenage figure skater Kamila Valieva in January for four years for doping, effective from December 2021, a decision that also stripped the Russian Olympic Committee of its gold medal in the team event at the 2022 Games, nearly two years after the competition.
'Opportunity is there in each segment of the market. There is opportunity in affordable and specifically governed by government initiatives as well as for housing for all.'
'Modi knows the people here are opposed to this project, but he is using the might of government to push this port down our throats.'
This is the first conversation between Modi and Yunus after he assumed the responsibility following the fall of the Sheikh Hasina-led government.
Had you invested Rs 10,000 each in JSW Steel, Titan Company and Bajaj Finance 20 years ago, when they were just penny stocks (trading below Rs 10), you would have become a millionaire by now.
Khamenei, who has the last word on all state matters and is also the commander in chief of the armed forces, instructed military commanders from the Revolutionary Guards and the army to prepare plans for both an attack and a defence in case the war expands and Israel or the US strike Iran, the officials said.
'The structural story of India is a multi-decadal story.' 'One should stay invested in that story and avoid reacting to what is happening globally.'
The application accuses Hasina and others of orchestrating a violent crackdown on student protestors, resulting in widespread casualties and human rights violations.
It is advisable to file your ITR right away and not rely on potential extensions.
India no longer needs big ticket reforms but small and basic ones to drive the growth forward, Chief Economic Advisor V Anantha Nageswaran said on Monday. Addressing the media after the Economic Survey 2023-24 presented in Parliament, Nageswaran said there is a need to pursue all possible approaches without any ideological orientation. "In terms of the kind of reforms that we need to do, it is no longer big-ticket reforms that dominate your front pages but more about grunt works.
rediffGURU Anil Rego answers readers' personal income tax queries.
Neeraj Chopra will have a special supporter at the Paris Olympics: a Kerala cyclist who has travelled all the way from Calicut, riding more than 22000 kilometers over two years.
The best solution would be the one followed in 2018 -- allow cost indexation until March 31, 2024 -- but exit at any time. The second-best alternative would be to allow time until March 31, 2025 for investors to exit their investments under the old indexation regime, points out Harsh Roongta.
The Congress on Sunday called for fixing accountability over the death of three IAS aspirants due to waterlogging in a building in Delhi with Rahul Gandhi asserting that common people are paying the price for irresponsibility of institutions at every level.
However, the 6,000-odd athletes, 3,000 performers, 300,000 spectators and dozens of world leaders had to endure heavy rain for much of the event.
Styris did not have any doubt over Pandya's talent but the Kiwi wanted him to infuse more consistency into his performances.
'In women's singles now, there are a lot of long rallies and long matches, being consistent. I am confident in that now.'
In the event of the BJP's poor performance in the assembly polls this year and in early 2025, Modi's hold will get further weakened because he will no longer remain the invincible electoral persona tightly controlling the machine at his disposal, asserts Nilanjan Mukhopadhyay.
Chief executive officers (CEOs) across sectors have expressed intentions to expand capacities, expecting the government's target to invest a record Rs 11.11 trillion on infrastructure development will act as a catalyst for a jump in consumer demand. "With the government planning a capex of Rs 11.11 trillion, private sector investment will come in a big way. Companies will be preparing for it right from today," H M Bangur, chairman of Shree Cement, told Business Standard. For the past few years, the investment scene in India has been dominated by government capital expenditures; private investments in the manufacturing sector have remained muted.
Twenty-three million tuned in to watch the opening ceremony in France - more than for matches in the Euro 2024 soccer championship.
The proposed exemption in customs duty on import of lithium, cobalt and other rare minerals in the Union Budget 2024-25 is likely to lower the battery production cost and help in making electric vehicles more affordable for the buyers, auto industry leaders said on Tuesday.
Despite the rally in equities over the last few years, India, according to Christopher Wood, global head of equity strategy at Jefferies, is still in early stages of an equity cult. Any changes to the capital gains tax for equities - both long-term and short-term - in Budget 2024 scheduled to be announced on July 23, he believes, can trigger a bigger correction that what the markets witnessed post the Lok Sabha election outcome on June 4 that saw the Bharatiya Janata Party (BJP) lose majority, though it was able to form the government with the help of coalition partners.
The response was tepid in other parts of the country even as several INDIA bloc parties as well as other non-BJP outfits extended their support to the bandh.
Singh's comments come just a day after India's foreign coach Baek Woong Ki was denied accreditation for the Games. The Korean, who had reached the French capital with the Indian team after overseeing its preparation in Marseille, said on Saturday that he "was removed from the Olympic coaching role at a critical time" and will now be flying back to India with his return ticket already booked.
Systematic Withdrawal Plan, or SWP, can help you achieve your financial goals. Ramalingam Kalirajan's step-by-step guide on how to effectively use an SWP.
A Congress source termed the process of drafting and presenting of the Bill before the state cabinet on Monday as a "unilateral" effort by the chief minister's office and ministers that are close to him.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
The cricketer said a sale agreement was executed between him and his mother on one side and the builder on the other for the purchase of an apartment for over Rs 14 crore in the real estate project initiated by Brilliant Etoile Pvt Ltd in Hauz Khas under the name 'Sky Mansion' and displaying the name 'Risland'.
The Jaishankar-Wang talks came amid the dragging border row in eastern Ladakh that entered its fifth year in May.
How India's athletes fared at the Paris Paralympic Games on Friday.
As news of Hasina's departure spread, hundreds broke into Hasina's residence, vandalising and looting the interiors, providing dramatic expression to the anti-government protests that have killed more than 100 people in the last two days. At the centre of people anger is the Hasina government's controversial quota system reserving 30 per cent jobs for families of veterans who fought the 1971 liberation war. With volatile crowds taking to the streets -- some clambering on Hasina's father and Bangladesh founder Sheikh Mujibur Rahman's statue and smashing it with hammers in a lasting image underscoring the fickleness of history -- Army chief General Waqar-uz-Zaman announced that the 76-year-old prime minister has resigned.
The apex court in May agreed to hear a plea filed by the father of one of the victims challenging the high court's order acquitting Koli in the case.
'We used to give these boxers a hammering in the ring and now they are teaching youngsters how to defend. Come on man!' 'People like Akhil Kumar and Jitender Kumar were among the top boxers in the world, but instead of choosing them to train young boxers they are picking people who are yes men.'
Banerjee also appealed to the people of West Bengal not to get provoked over matters concerning the current situation in Bangladesh.
A political crisis involving the ruling All India NR Congress-Bharatiya Janata Party coalition is brewing in the union territory with a section of saffron party MLAs expressing displeasure against the government over issues including corruption, and have knocked on the doors of the national leadership with a plea to set things right before they 'become worse'.
A few students were detained after they staged a protest in Old Rajinder Nagar in New Delhi on Sunday, demanding action against those responsible for the deaths of three civil services aspirants at a coaching centre in the area, and compensation for their families.
Religion and economic barriers continue to define love in modern India, discovers Preshth Bhardwaj.
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