India

New Delhi, Nov 7: New Delhi needs to become more "transparent" on the fiscal numbers as it is a "laggard" among the G20 peers on this front, a senior official from the International Monetary Fund said on Wednesday. The government has been missing its budgeted fiscal targets for the past few years and there is a need for a "credible fiscal consolidation" which is more ambitious as well, the

Lucknow, Nov 7: The Centre has asked all states to remain alert ahead of the Supreme Court verdict on Ram Janmabhoomi-Babri Masjid title dispute and ensure security in sensitive areas, officials said on Thursday. The Ministry of Home Affairs (MHA) has also dispatched around 4,000 paramilitary personnel for security deployment in Uttar Pradesh, particularly in Ayodhya. A general advisory has been

Kozhikode, Nov 7: The two CPM youths arrested over alleged Maoist links and against whom UAPA charges were slapped, were denied bail by the Kozhikode District Principal Sessions Court on Wednesday. The bail pleas of Alan Shuhaib and Thaha Fasal were rejected by the court on what is said to be 'strong' evidence against them by police. Alan and Thaha were arrested on Saturday and police claimed that

Varanasi, Nov 6: Varanasi, Prime Minister Narendra Modi's Lok Sabha constituency, is no exception to the extreme air pollution that has held the North India captive, especially post Diwali. PM 2.5 in Varanasi's air touched 500 this week. With air quality worsening by the day, devotees in the holy city are helping gods avoid toxic air by covering the faces with anti-pollution masks. At the famous

Mumbai, Nov 6: In further relief to customers of scam-hit Punjab & Maharashtra Cooperative (PMC) Bank, the Reserve Bank on Tuesday enhanced the withdrawal limit to ₹50,000 per account from ₹40,000 earlier. In September, the RBI had put restrictions on PMC for six months and allowed depositors to withdraw up to ₹1,000 of their total balance. Since then the RBI has been raising the withdrawal limit

New Delhi, Nov 6: Within days of government approving a relief package for the ailing corporation, state-owned BSNL has rolled out a voluntary retirement scheme for its employees, and said it expects 70,000-80,000 personnel to opt for it leading to savings of about Rs 7,000 crore in wage bill. BSNL Chairman and Managing Director P K Purwar told PTI that the scheme will be open between November 4

New Delhi, Nov 6: Infosys on Wednesday said speculations of co-founders and former employees being involved in the recent whistleblower allegations were "appalling" and seem to be aimed at tarnishing the image of some of "the most accomplished and respected individuals". Infosys - which is investigating whistleblower complaints that alleged unethical practices by the company's top management -

Nov 6: The festival of Diwali is supposed to herald India’s biggest shopping season of the year. Purchases did happen, but not a lot, according to a Bank of America Merrill Lynch report. More than 90% of storekeepers indicated footfalls were lower than the last year’s festival period, according to the report, based on analysts’ visits to more than 120 retail outlets in the financial capital of

Mumbai, Nov 6: Finance Minister Nirmala Sitharaman on Tuesday said the government will soon use its strong electoral mandate to usher in the next wave of reforms, and not to miss the bus this time. Nirmala Sitharaman said the government's efforts last time were thwarted by the poor numbers in the Upper House. "...I am sure we will now show the commitment for reforms happens fast. That is where the

Mumbai, Nov 6: Senior Shiv Sena leader Sanjay Raut on Wednesday claimed there was a "consensus" between the BJP and his party before the Maharashtra assembly elections on sharing the chief minister's post. Amid the stalemate continuing over government formation in the state, Raut told reporters here that no fresh proposal has been received from the BJP or sent to it. To a question on when there