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NEW DELHI: Pharma stocks were under selling pressure in morning trade on Wednesday on strong rupee.
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Taking a swipe at Prime Minister Narendra Modi over his promise of
doubling farmers' income in five years, his predecessor Manmohan Singh
said it would end up just being another election 'jumla' (rhetoric) as
the government had no concrete plan to achieve the target.
Singh, addressing a press conference here today, said that in order
to achieve the target of doubling farmers' income in five years, the
agriculture sector needed to grow at a rate of 10 per cent.
He also slammed the Modi government, saying its "nice sounding slogans"
such as 'Start up India, Stand up India' and 'Skill India' are not backed by effective policies.
In a veiled attack on Modi's style of functioning, Singh said leaders
should also listen to criticism to take corrective action, instead of just expecting praise.
Modi has said that he dreamt of seeing farmers' income getting doubled by 2022 when the country completes 75 years of its Independence.
CHENNAI: Prime Minister Narendra Modi today greeted and shook hands
with veteran actor Rajinikanth and a host of others at the platinum jubilee event of a Tamil daily here.
After completing his 25-minute address at the function, Modi
walked down from the dais, exchanged pleasantries and shook hands with Rajinikanth, who was clad in a white shirt and pant.
Modi was here to participate in the platinum jubilee celebrations of 'Dina Thanthi.
The meeting between Modi and Rajinikanth was very brief as the prime minister moved on and greeted a host of others including state Ministers, India Cements.
Vice-chairman N Srinivasan and several actors including Prabhu, Surya and Karthi.
India has slipped in 'business optimism' index to the 7th position in the September quarter, from the 2nd slot in the previous three months, showing clear signs of lag in the economy, says a survey.
Indonesia is at the top, followed by Finland (2nd), the Netherlands (3rd), Philippines (4th), Austria (5th) and Nigeria (6th), as per Grant Thornton's International Business Report (IBR).
According to the quarterly global survey on business optimism, Indian businesses have expressed low confidence over revenue expectations in the next 12 months.
Indonesia is at the top, followed by Finland (2nd), the Netherlands (3rd), Philippines (4th), Austria (5th) and Nigeria (6th), as per Grant Thornton's International Business Report (IBR).
According to the quarterly global survey on business optimism, Indian businesses have expressed low confidence over revenue expectations in the next 12 months.
Amazon Key will be available on November 8 in 37 cities and surrounding areas across the U.S., with more locations rolling out over time. Delivery is available on tens of millions of items sold on Amazon.com and the delivery is available at no extra cost for Prime members. Amazon Key works with Same-Day, One-Day, Two-Day and Standard Shipping. Once set-up is complete, receiving in-home delivery is as simple as a click: customers select “in-home” while shopping and Amazon handles the rest.
Want to make Air India vibrant, says Civil Aviation Minister A Gajapati Raju
The national carrier Air India, entirely funded by government, was making losses and was now in a debt trap due to interest burden.
Civil aviation minister Ashok Gajapati Raju today said the government wants to make Air India vibrant for which plans on an ‘alternative mechanism’was being worked out. The national carrier, entirely funded by government, was making losses and was now in a debt trap due to interest burden.“We want to make Air India a vibrant entity and not to go the Kingfisher way”, Raju told reporters here. He said the government was working on an ‘alternative mechanism’ and all options were being explored.
Raju said “Air India’s financials are bad. But we want it to continue to be in the skies”. The minister said private carrier Indigo had given expression of interest in Air India’s overseas operations, while the Tatas were making only verbal enquiries. “There is nothing in writing from the Tatas, it is only verbal”, he said.Meanwhile, the department of investment and public asset management (DIPAM) of the finance ministry had decided to go for a strategic divestment route in Air India. Transaction advisors had also been appointed, Raju said.
The national carrier Air India, entirely funded by government, was making losses and was now in a debt trap due to interest burden.
Civil aviation minister Ashok Gajapati Raju today said the government wants to make Air India vibrant for which plans on an ‘alternative mechanism’was being worked out. The national carrier, entirely funded by government, was making losses and was now in a debt trap due to interest burden.“We want to make Air India a vibrant entity and not to go the Kingfisher way”, Raju told reporters here. He said the government was working on an ‘alternative mechanism’ and all options were being explored.
Raju said “Air India’s financials are bad. But we want it to continue to be in the skies”. The minister said private carrier Indigo had given expression of interest in Air India’s overseas operations, while the Tatas were making only verbal enquiries. “There is nothing in writing from the Tatas, it is only verbal”, he said.Meanwhile, the department of investment and public asset management (DIPAM) of the finance ministry had decided to go for a strategic divestment route in Air India. Transaction advisors had also been appointed, Raju said.
