In a big push to the production-linked incentive (PLI) scheme, the government has nearly doubled (increase of 81 per cent) the allocation in five key industry segments from Rs 8,405 crore in the Revised Estimate of FY24 to Rs 15,198 crore in the Interim Budget for FY25. The segments cover over eight PLI schemes, including mobile phones, IT hardware, pharma (PLIs for medical devices, intermediates and pharmaceuticals), food processing, telecom hardware and, auto and auto components. In FY24, DPIIT officials, however, said that the disbursements would be much higher at around Rs 11,000 crore than what has been budgeted for the year.
The RJD polled the highest vote share in Bihar, but it was not reflected in the number of seats it won.
Addressing the Manipur assembly during the commencement of the budget session, she said that 198 companies of central armed police forces and 140 army columns have been deployed along with state forces to maintain law and order.
The Maldives still considers India a friend, the tourism-dependent country's economic minister has said while defending President Mohamed Muizzu's stand against the presence of "foreign soldiers" in the archipelago nation in the Indian Ocean.
Non-release of the film in West Bengal and a late release in Tamil Nadu has resulted in a loss of at least Rs 10 crore-Rs 15 crore and that's the margin by which it would stay under the lifetime total of The Kashmir Files eventually.
Rahul Gandhi has spoken to Nitish Kumar and Lalu Yadav about the Begusarai seat, but the CPI is unwilling to give up the seat.
Srinivas Bhogle and Purnendu Maji present Rediff.com's Most Valuable Player Index of IPL 2024 after Game 46.
Kohli, who hit an unbeaten 101 from 61 balls, celebrated his hundred by pointing his bat towards wife Anushka in the stands at the M Chinnaswamy stadium in Bengaluru, who also returned the compliment by blowing a few flying kisses.
'England were really good today and they put up as much of a fight as they could. But obviously -- like with any Test series and any Test match -- you look at key areas where you let the game slip.'
The country's exports edged up 1 per cent to $38.45 billion in December 2023 while the trade deficit narrowed to a three-month low of $19.8 billion, official data released on Monday showed. Imports declined by 4.85 per cent to $58.25 billion in December last year due to a dip in crude oil shipments. The previous low in trade deficit - the difference between imports and exports - was recorded in September at $19.37 billion.
Swann said he benefitted from legendary Shane Warne's advice on how to play on spin-friendly Indian wickets.
Engaging fifties by skipper Smriti Mandhana and star all-rounder Elysse Perry took Royal Challengers Bangalore to a formidable 198 for three against UP Warriorz in their Women's Premier League match in Bengaluru on Monday.
Future Gaming and Hotel Services whose director is the lottery magnate Santiago Martin is the top purchaser of electoral bonds having purchased bonds worth Rs 1,368, according to data uploaded by the Election Commission of India on its website on Thursday.
Data for the first nine days of January shows that tourist arrivals from India to the Maldives has been at similar levels as last year during the same period.
GST collections jumped 15 per cent to nearly Rs 1.68 lakh crore in November, the finance ministry said on Friday. Goods and Services Tax (GST) mop-up was over Rs 1.45 lakh crore in November 2022.
Explore some of the majestic temples dedicated to Lord Shiva across the country.
India's forex reserves have swelled by $12.74 billion to $609.02 billion in the week ended July 14, making it one of the strongest weekly surges in the kitty in recent times, the Reserve Bank of India said on Friday. In the previous reporting week, the overall reserves had risen by $1.23 billion to $596.28 billion. It can be noted that in October 2021, the country's forex kitty had reached an all-time high of $645 billion.
Terming India as one of the closest neighbours and allies of the Maldives, MATI noted that India has always been a first responder to various crises throughout the history of the island country.
India skipper Harmanpreet Kaur on Wednesday rued that her bowlers couldn't properly execute their plans in the first T20I against England but said it was a new bowling line-up and they need such games heading into next year's T20 World Cup.
West Indies, Zimbabwe and Sri Lanka will enter the ICC Men's Cricket World Cup 2023 Qualifier high on confidence
The meteoric rise of Shajahan Sheikh from a modest background of a helper in a local transport company to becoming the so-called 'tiger' of Sandeshkhali is what Bollywood film scripts are made of. And so does his fall.
The number of companies had touched a low of 792 in July 2020 amid heightened uncertainty because of COVID-19.
Sri Lanka's slender hopes of automatic qualification for this year's World Cup suffered a huge blow after the second ODI vs New Zealand was called off due to rain.
The Indian economy is likely to post better than anticipated growth in the second quarter (July-September) owing to robust urban consumption and expansion in services, a Business Standard analysis of high-frequency indicators showed. While gross domestic product growth in the September quarter is expected to come below the 7.8 per cent print in the June quarter due to a favourable base fading, analysts say the print will be much closer to 7 per cent than the 6.5 per cent anticipated earlier. While the Reserve Bank of India (RBI) had estimated 6.5 per cent growth for July-September, last month Governor Shaktikanta Das said the growth figure would surprise on the upside.
The mutual fund (MF) industry added a record Rs 10 trillion to its total assets under management (AUM) in 2023, taking the cumulative tally past the Rs 50 trillion mark for the first time, in December. This 20 per cent growth in AUM last year was fuelled by a robust rally in the equity markets and a record Rs 1.62 trillion net inflows into active equity schemes. In another first, the AUM linked to systematic investment plans, too, hit Rs 10 trillion by the end of 2023.
Following a more than 15 per cent surge in the National Stock Exchange (NSE) Nifty 50 from this year's lows, the spread between the 10-year government security (G-sec) and the Nifty earnings has approached the danger zone of 2 percentage points (ppt). At present, the G-sec yield is roughly 7.09 per cent, while the Nifty earnings are 5.12 per cent. As a result, the spread works out to 1.98 ppt, ever so slightly below the danger mark of 2 ppt.
Lok Sabha Speaker Om Birla on Wednesday admitted a no-confidence motion moved by Congress MP Gaurav Gogoi against the Narendra Modi government after a head count of over 50 MPs as required under the rules.
Roundup of Ranji Trophy matched played on Sunday
The efforts of Aryan Juyal (76) and Karan Sharma (67) stood out as Uttar Pradesh held nerves to beat 41-times champions and hosts Mumbai by two wickets in a Ranji Trophy match on Monday.
Even as top Pegatron executives went to the factory near Chennai on Tuesday to make an assessment of the fire damage to decide on a possible date for resuming operations, sources said the impact of the closure will be minimal for Apple's iPhone production. Late in the evening sources said that the factory might be operational soon-but said they are waiting for a final update. It will also not impact the availability of the newly-launched iPhone 15 and iPhone 15 Plus, they said.
Private life insurers experienced reasonable growth in the July-September quarter (second quarter, or Q2) of 2023-24 (FY24), and the October data is also encouraging. The individual weighted received premium (WRP) for private players grew by 19.8 per cent year-on-year (Y-o-Y) in October. However, Life Insurance Corporation (LIC) of India had slower growth, pulling the industry growth rate down to 13 per cent Y-o-Y.
Corporate margins and profits in India remain vulnerable to changes in crude oil prices in the international market. Historical quarterly data from listed companies (excluding banks, finance and insurance, oil and gas, and power sectors) indicate an adverse correlation between corporate margins and crude oil prices.
Life Insurance Corporation of India (LIC) reported weak growth through H1FY24 but it witnessed a boost in embedded value (EV) due to equity-market performance. But concerns regarding its stock include loss of market share as it is outpaced by private sector rivals, sticky operating expenses (reduced slightly year-on-year but up in Q2FY24 versus Q1FY24), and high sensitivity of embedded value to equity volatility. Traders may also factor in the likelihood of another stake sale by the Government of India.
Opener Shubham Rohilla struck his fourth first-class hundred to take Services to 279 for 4 against defending champions Saurashtra
'Our priority is getting Ben fit and ready to play, that's what we are concentrating on.'
Mumbai registered a handsome 232-run win after skittling out Kerala for 94 in their Ranji Trophy Group B match in Thumba, Kerala, on Tuesday.
Counter-puncher Sumit Nagal blunted the challenge of big-serving Beibit Zhukayev with his perseverance while Ankita Raina outgunned Adithya P Karunaratne without fuss as the two Indians inched closer to singles medals.
A surprise attack by Hamas militants from Gaza at daybreak killed at least 200 Israelis on Saturday even as Prime Minister Benjamin Netanyahu declared "war" and said his country would extract an "unprecedented price" from its enemy.
A round-up of the Ranji Trophy quarter-final matches played on Sunday.
