New Delhi: Government will come out with an alternative strategy in 2-4 weeks to push PSU disinvestment in volatile markets, Finance Minister Arun Jaitley said today. “We have to find out an alternative method for this (disinvestment). Wait for 2-4 weeks, the government will come out with an alternative strategy as to what to do in such volatile markets,” he said.
Mumbai: State Bank of India chairman Arundhati Bhattacharya today said banks are apprehensive about the Reserve Bank of India’s deadline of March 2017 for banks to clean up their balance sheets as the move may affect lenders bottomline.
Brussels: Top officials in Britain and the European Union say they are optimistic about striking a deal next month on reforms aimed at discouraging Britain from leaving the 28-nation bloc. EU Commission President Jean-Claude Juncker said today that he is “quite sure” a deal will be brokered at a February 18-19 summit in Brussels. That would allow Prime Minister David Cameron to call a referendum on Britain’s EU membership as soon as the summer.
New Delhi: Jet Airways today said it has inked a loyalty programme pact with the Bangkok Airways under which the frequent fliers of the two carriers can redeem reward points while travelling on each other’s network.
New Delhi: Realty major Tata Housing is in talks with online marketplace Amazon India for marketing of its properties. Tata Housing, the real estate arm of the Tata group, sold over 2,000 apartments through online platform in the last two years.
Madrid: The draw for the Copa del Rey quarter-finals, which took place here on Friday at the headquarters of the Royal Spanish Football Federation, resulted in a clash between Barcelona and Athletic Bilbao in a repetition of the final of the last edition, eventually won by the Catalan giants.
Berlin: Chancellor Angela Merkel will host Turkish Prime Minister Ahmet Davutoglu for talks next Friday, her spokesman said, with discussions to centre on the suicide attack in Istanbul that claimed 10 German lives. Tuesday’s “attack in Istanbul will play a central role” in the talks, said Steffen Seibert, spokesman for Merkel.
Kolkata: Stating that she didn’t believe that Netaji Subhas Chandra Bose died in air crash, West Bengal Chief Minister Mamata Banerjee today demanded that the ‘Russian angle’ in Netaji’s disappearance needs to be probed.
Islamabad: A consultative meeting of Pakistan’s senior political leaders decided on Friday to form a steering committee headed by Prime Minister Nawaz Sharif to oversee the implementation of the China-Pakistan Economic Corridor project. It was decided that all the four provincial chief ministers would be included in the committee, which would meet every three months to review the progress of the mega project.
New Delhi: BJP today latched onto former Law Minister H R Bhardwaj’s claim that he was under “pressure” to get a favourable Supreme Court verdict over imposition of the President’s Rule in Bihar, saying it only confirms the public opinion of Congress being an “undemocratic and dictatorial” party.
New Delhi: Juveniles aged 16 to 18 years would now be tried as adults in cases of heinous crimes like rape and murder with a new law in this regard coming into force from today. The Juvenile Justice (Care and Protection of Children) Bill was passed by Rajya Sabha in the Winter Session and signed by the President into Act on January 4.
New Delhi: Senior Punjab Police officer Salwinder Singh, who is being questioned by NIA in connection with Pathankot terror attack probe, will undergo a lie detector test next week after he gave consent for it.
London: Presence of a gene variant involved in sensory pleasure and pain reduction may contribute towards making a population happier than others, suggests new research.
New Delhi: Supreme Court today had a word of caution for the government that any deviation from its stand that the issue of Indian Prisoners of War (POWs) languishing in Pakistani prisons cannot be taken to the International Court of Justice (ICJ), will have its own ramifications.
New Delhi: Students of Zeenat Mahal Sarvodaya Kanya Vidyalaya in North East Delhi’s Zafrabad area have written to Deputy Chief Minister Manish Sisodia urging him to reinstate a science teacher who was transferred in November last year.
Los Angeles: Jennifer Lawrence, who is nominated at the Oscars for her role in “Joy”, says it is great to be recognised along side other amazing women in the best actress category. “I am beyond grateful and humbled by this nomination. I feel incredibly honored to be recognized among the other amazing women in this category. Joy is an incredibly inspiring story about an ordinary woman who does extraordinary things,” Lawrence said in a statement.
New Delhi: Consumers have the right to get compensated for call drops and this was different from the quality of service guidelines that cellular service providers have to follow under the licence conditions, TRAI told Delhi High Court today.
Berlin: Friendship may not be unique to humans as chimpanzees also bond with each other based on trust, a new study suggests. The findings suggest that friendship based on trust has evolved much earlier than previously thought.
Kolkata: Former RBI Governor C Rangarajan today said the government would have to step up public investment to boost growth to the desired level. “Public investments by the government will have to pick up. Only this will stimulate private investments and generate demand in the economy,” Rangarajan told reporters on the sidelines of Indian Statistical Institute convocation here.