Referring to the demand of giving a Kunbi certificate to all 54 lakh people whose proof of being Kunabi has been found till now, Patil said that they will be given the certificates soon.
Opinions vary, but fund managers remain bullish.
'We now look at divestment as an opportunity for maximising the value of public assets, not necessarily as a short-term resource-raising measure.'
Grasim Industries has announced a rights issue of around Rs 4,000 crore with the promoters committed to fully subscribing to their entitlements and to covering any unsubscribed portion. This is to part-fund capital expenditure (capex) of Rs 10,000 crore in a new foray into the paints business. The company has already invested Rs 3,640 crore in the paints business (by Q1FY24). The management has outlined a capex of Rs 5,700 crore for FY24, which includes Rs 4,280 crore allocated for the paints business, of which Rs 1,050 crore has already been spent in Q1FY24.
Thakur's tenure as chief minister is best remembered for implementation of the recommendations of the Mungeri Lal Commission, whereby quotas for backward classes were introduced in the state in 1978. This panel was the forerunner of the Mandal Commission. Both Mungeri Lal and B P Mandal were from Bihar, which has a long history of socialist struggles.
Looking for Treasures From Mizoram to embrace through 2024 and beyond.
Looking for Treasures From Mizoram to embrace through 2024 and beyond.
The ministry of external affairs and the embassy of India in Berlin have been persistently advocating for the return of Ariha Shah to India.
Foreign portfolio investors (FPIs) pumped in Rs 1.7 trillion into domestic stocks in 2023, one of the highest net inflows ever witnessed during a calendar year, of which 25 per cent went into the direct buying of stocks. Data provided by depository NSDL revealed that Rs 44,950 crore of the total FPI flows last year went into primary issuances. A large portion of the FPI investments through the stock exchange route went into block deals, thereby reducing the actual investments made via direct buying of stocks. Last year saw selldowns or block deals worth Rs 2 trillion.
The benchmark Nifty and Sensex could see another 8-10 per cent from the current levels, said HDFC Securities in its outlook for equity markets in 2024. The brokerage said that the market movement in the next year will not be linear, and there will be more volatility. When asked about the market reaction to the General Elections in 2024, Dhiraj Relli, managing director and CEO of HDFC Securities, said more than the outcome of the elections, the market movement in the next three to four months will decide the market trajectory post elections.
Now that the economy is growing at a higher-than-expected rate, it is time to accelerate the pace of fiscal consolidation, and the Budget could be a good starting point, argues Rajesh Kumar.
ICC rejected Khawaja's application to have a sticker showing a black dove holding an olive branch on his bat and shoes during the Boxing Day Test against Pakistan.
'They have since only tried to improve systems. Also, with regulatory guidance from time to time, we are in a position to assess a situation and react in time.'
Pakistan's ministry of foreign affairs said that the violation of Pakistan's sovereignty is "completely unacceptable" and warned of serious consequences.
'Just the amount of work which is there just to become more and more successful in banking. For this to happen you need to have leaders who understand technology.'
Chief Economic Advisor (CEA) V Anantha Nageswaran considers absolute poverty a more direct and pressing concern for India. He argues that inequality is a relative concept. Simultaneously, with formerly economically deprived sections joining the ranks of the middle class, policy attention needs to extend beyond 'roti, kapda, makaan' to keep the growth engine up and running.
It is 10 years since Bandhan Financial Services became the first microfinance institution (MFI) to receive the universal bank licence. A year later, in 2015, it started operations. Bandhan's entry into banking was seen as a vote of confidence by the Reserve Bank of India (RBI) for the country's microfinance sector. Subsequently, the RBI awarded small finance bank licences to nine MFIs.
'Will make sure that we create value. We will again look for organic and inorganic opportunities.'
The way video is being watched and monetised is changing. This is the first thing that stands out as the penetration of smart TVs continues to rise.
England opener Philip Salt opened up about not being picked in the Indian Premier League (IPL) 2024 auction and said that he was expecting to be chosen by a franchise but "these things happen".
Tata Group remained India's largest business conglomerate in market capitalisation in calendar year 2023 while the Mukesh Ambani camp raced ahead of the Adani businesses to become the second-largest. The Tata companies ended 2023 with a combined group market capitalisation of Rs 28.68 trillion, up 35 per cent from the Rs 21.2 trillion at the end of December 2022. Ambani's group mcap is Rs 19.42 trillion at the end of CY23, up 10.7 per cent from the Rs 17.6 trillion a year ago.
Biden told reporters in Hanoi in the Vietnamese capital that he also raised the importance of respecting human rights with Prime Minister Modi.
Harping on putting up a united front, the Congress alleged that democracy is being "mercilessly murdered" and MPs who raise people's issues are suspended from the House.
Cummins, who skipped the IPL last season, was also the most expensive buy in the 2020 IPL Auction.
'To the believers of crypto regulations, I have only one question to ask, how will you regulate it?'
'If you look at assets truly working for us, you should look at Aakash and Great Learning.'
Byju's plans to raise funds at a lower valuation of $7-8 billion as the embattled edtech major looks to shore up its financials with adequate liquidity, a senior company executive said on Tuesday. Banking on overall "improved performance", Think and Learn, the parent of Byju's, is hopeful of a higher valuation ahead of its rights issue being planned in February to raise funds. Byju's India chief financial officer Nitin Golani said the company is in need of funds and plans to raise it at a lower valuation to make the offer lucrative for investors as well as ensure adequate liquidity support for the edtech firm.
Actively managed debt funds with the flexibility to go long on duration made a strong comeback on the returns chart in 2023, thanks to softening bond yields. The average one-year returns of floater, long-duration, gilt, and dynamic bond funds, which ranged between 2.3 per cent and 4.5 per cent at the end of 2022, now stand at over 7.2 per cent, with some schemes delivering over 8.5 per cent, according to data from Value Research. Debt fund returns are inversely related to yields of underlying investments, meaning a decline in yields is positive for funds.
Special judge Hardeep Kaur remanded Jha in Delhi police's custody after the public prosecutor said he was the mastermind of the incident and was required to be questioned to unearth the entire conspiracy.
A bench of Justices BR Gavai and Sandeep Mehta, which had allowed anticipatory bail to Surat resident Tusharbhai Rajnikantbhai Shah in a cheating case, got irked when it was informed that the businessman was remanded in police custody.
'BJP has lot of money. Even a rich person like me is scared of taking on the financial muscle of the BJP.' 'What is the point of throwing money? Result toh aane wala nahi hai.'
It is the first warship to have been named after a city from the Northeastern region, the approval for which was accorded by the President in April 2019.
A dominant Australian side produced a superb all-round performance to secure their fourth ICC Under-19 World Cup crown.
Pakistan on Thursday said that the country's air force struck terrorist hideouts in Iran's Siestan-Balochistan province, a day after Islamabad recalled its ambassador from Tehran in the wake of Iranian missile and drone strikes in Balochistan.
India has also taken note of reports of Saeed's son Talha contesting elections in Pakistan and said the "mainstreaming" of radical terror outfits in the neighbouring country is nothing new and that it has been part of its State policy for a long time.
Kashvee Gautam becomes first uncapped player to fetch Rs 2 cr
The Congress on Wednesday said the Supreme Court judgment on certain matters relating to transactions by the Adani Group has proven to be 'extraordinarily generous' to Securities and Exchange Board of India (SEBI) and asserted that the party's fight against crony capitalism and its ill-effects on prices, employment and inequalities will continue.
Fundraising through qualified institutional placement (QIP) has revived this year, led by commercial banks, after a lacklustre 2022. According to data compiled by Prime Database, Indian companies have raised Rs 53,070 crore in 2023 so far, of which seven banks - Union Bank of India, Indian Bank, Bank of India, Federal Bank, IDFC First Bank, Bank of Maharashtra, and J&K Bank - account for Rs 21,290 crore, or about 40 per cent. If other financial institutions are included, the figure surges to Rs 26,690 crore.
In the IPL 2024 auction, some notable players went unsold, facing unexpected outcomes despite their credentials.
Joseph was one of our top three targets, says RCB Director of Cricket Mo Bobat
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