Business

Analysing the means of funding for India's healthcare and educational bodies as against the global ways, Jaitley said such institutions in the country receive donations from religious groups and CSR programmes.

As dollar was weak against major countries in global markets which supported the local currency. Rupee opened strong by 8 paise against US dollars, recovered 4 paise to close at 70.14.

Global equities were subdued as a partial US government shutdown that entered was set to stretch through Christmas.

Once the poster boys of the spirit of Indian entrepreneurship, the flamboyant Mallya, Choksi and Modi also became convenient tools to be used by political parties -- ruling and the Opposition alike -- to score brownie points over each other.

The NITI Aayog said the sector should strive to increase the number of foreign tourist arrivals from 8.8 million to 12 million.

An integrated commercial project will be set up by Ikea at Noida, Gautam Budh Nagar. After the establishment, approximately 4,000 direct and 4,000 indirect employment opportunities are being created by this project.

Traders said sustained selling of the American currency by exporters and banks ahead of the US Fed policy decision propped up the rupee, while sliding oil prices eased current account deficit concerns.

K Bangarurajan, a senior official at the CDSCO, told Reuters powder samples were tested earlier but nothing wrong was found in them.

It is important to note that the intention of Trai with the new regulation was to make the entire framework completely transparent, provide choice to consumers, and ensure a fair deal among audience.

The former chief executive parted ways with the airline after Goyal initiated discussions with his investment partner Etihad Airways for further stake sale to garner funds, said another source.

"The units of the power station will be progressively put under commercial operation," NTPC Ltd said in a regulatory filing.

The ED said it has seized an agricultural land worth over Rs 10.27 crore in Delhi's Bijwasan area as an equivalent amount of the asset held abroad.

Loan waivers, as the RBI has repeatedly argued, vitiate the credit culture, and stress the budgets of the waiving state or central government, he said.

Forex traders said strengthening of the US dollar against some currencies overseas and caution ahead of RBI central board meeting under new Governor Shaktikanta Das weighed on the local unit.

Increased government influence on the central bank could undermine progress, the rating agency said.

In a statement, Urjit Patel said it was a privilege and honour to serve the central bank and expressed his gratitude to his colleagues and directors of the RBI central board.​