In a relatively rare occurrence, the growth in manufacturing jobs exceeded the pace of sector growth in 2022-23 (FY23). The number of persons engaged in the segment grew by 7.43 per cent in FY23, according to figures from the Annual Survey of Industries (ASI) released on September 30. The gross value added for the manufacturing sector grew by 4.24 per cent in current prices and declined by 2.2 per cent in real terms for FY23, according to earlier annual figures released by the government.
Among the cities that have fully implemented their projects are Agra, Varanasi, Madurai, Coimbatore, Udaipur, Pune, Surat, and Vadodara
Dr. Shriram Singh, a 58-year-old Indian academic and entrepreneur, was shot and killed in Atlanta, Georgia. His family suspects business rivalry may be behind the murder. Dr. Singh, a native of Gonda, India, had been living in the US for nearly four decades and had built a successful business empire. His family is seeking justice and security after his tragic death.
Given the possibilities that next year's assembly elections could throw up, Stalin told the state assembly that an interim report had to be submitted by January 2026. The outcomes may well find its way into the DMK's poll manifesto, thus seeking to keep the electoral focus still on the BJP-ruled Centre and Prime Minister Modi, observes N Sathiya Moorthy.
The need for a manufacturing policy, reining in food inflation and raising investment in the country were among key suggestions given by economists who met Finance Minister Nirmala Sitharaman and senior ministry officials in the first round of pre-Budget consultations on Friday.
Army troops in Bangladesh intensified their patrols on the streets of Dhaka as the country witnessed rising tensions with the newly formed student-led National Citizen Party (NCP) accusing the military of political interference. The NCP staged protest rallies at the premier Dhaka University campus vowing to thwart at any cost a military-backed plot to rehabilitate deposed prime minister Sheikh Hasina's Awami League which was toppled seven months ago in a student-led violent street protest in July-August last year. A key leader of NCP, which was floated last month with widely assumed blessings of Professor Muhammad Yunus, accused the military of political interference over a proposal for inclusiveness that would allow Awami League to participate in the next elections. The military, which is now entrusted with maintaining nationwide law and order with magistracy power, however, did not enter the campus but continued their intensified patrol, particularly in the capital. The NCP convenor Nahid Islam said at the Muslim fast-breaking iftar party that the army or any other state institution had no "authority to propose or make decisions" about politics. He added that in no way "we will allow installation of another 1/11 government" in the country.
The Trump trade shock is a chance to push long-overdue reforms, rather than tinker with tariffs to appease the US, suggests M Govinda Rao.
Tracking losses in the broader market that has seen the Nifty Smallcap 250 index and the Nifty Midcap 100 indices slip 9 per cent 6.1 per cent in the last three sessions, the frontline Nifty 50 index has remained resilient and registered a fall of 2.2 per cent during this period. Going ahead, can the nervousness in the mid- and small-cap universe spread to the large-cap peers? Most analysts do not think so. They expect a minor dip and a sharp recovery as investors flock to the large-caps in search of safety and value buying as the mid-and small-caps falter.
Two Indian students in their 20s were killed and two others injured in a car crash in County Carlow, southern Ireland. The Indian Embassy in Dublin issued a condolence message on social media. The four friends had been sharing a house in the local area and had recently finished third-level education at South East Technological University (SETU) in Carlow.
Food, feminism, fights, father-son issues, famous rivalries, OTT is as loaded as it gets this week.
Temples across Uttar Pradesh were packed with devotees on Sunday for Ram Navami, with Chief Minister Yogi Adityanath leading prayers at the Gorakhnath Temple. Heavy crowds were witnessed at temples in Lucknow, Gorakhpur, and Varanasi, where security was heightened. In Gorakhpur, Adityanath performed the traditional kanya pujan ritual, while in Varanasi, a 51-foot statue of Lord Ram has become a major attraction. The festival was celebrated with enthusiastic fervor across the state.
The last time this happened was in 1996.
First-time MLA Rekha Gupta will be the new chief minister of Delhi, capping 11 days of suspense over who will get the top post after the Bharatiya Janata Party returned to power after over 26 years ending the 10-year rule of the Arvind Kejriwal-led Aam Aadmi Party.
The incident took place around 6 am on January 9 near Stellar Jeevan Society in the Bisrakh police station area when the Jaguar car allegedly struck the boy from behind, as per a complaint lodged by the victim's father, Murari Singh.
Senior Congress leader and former Rajasthan chief minister Ashok Gehlot said the proposed scheme would be a game-changer as it will provide comprehensive health coverage to families, covering medical expenses for critical illnesses, hospitalisations, and treatments.
Debutant legislator Rekha Gupta was sworn in as Delhi chief minister along with six ministers on Thursday in a grand show of strength full of colour and spectacle to mark the Bharatiya Janata Party's return to power in the city after more than 26 years.
Deploring the fast falling trend of the reputation of the University of Madras, the Madras high court has suggested the authorities concerned to award capital punishment to the erring officials.
India's Army Chief, General Upendra Dwivedi, emphasized the Indian Army's role as a "melting pot" and cited the harmony between Kuki and Meitei soldiers in the same units as an example of the force's unifying nature. He made the remarks during a lecture in Pune, highlighting the Army's efforts to promote unity and integration within its ranks. General Dwivedi also touched upon the Army's role in internal security in Jammu and Kashmir, the Northeast, and the upcoming Olympics.
'Within India, people want high-quality, personalised banking services, and the demand for such services has exploded.'
Should we really pay attention to them, asks Ajit Balakrishnan.
What is pushing students to take this extreme step?
MNC funds invest in companies where foreign promoters have more than 50 per cent shareholding.
The Indian insurance industry is set to focus on customer-centric technological adoption and expansion into rural areas to drive growth in 2025.
Dalal Street minnows stole the show in 2024, giving handsome returns to investors, helped by a largely optimistic trend in the stock market and impressive retail investors' participation. Analysts attributed the positive trend in the equity markets, where the benchmark indices shattered many records this year, to robust domestic liquidity, strong fundamentals of the Indian economy, and policy continuity.
A non-strategic investor like Poonawalla brings in not only capital but also creative freedom. Indian cinema needs more investors like him, reports Vanita Kohli Khandekar.
The Budget assumes significance as it comes on the back of lower-than-expected growth numbers during the second quarter and geopolitical uncertainty.
Businesses have resumed but it's not business as usual in the capital city of Bangladesh.
India should convert the Trump threat to an India opportunity, re-embracing a more liberal trade regime as a way of reviving manufacturing output and exports.
The bids on Rishabh Pant could well soar like his audacious no-look six in the ongoing Perth Test, as he seems poised to become the highest paid player among the 577 who will go under the hammer at the two-day IPL mega auction, starting in Jeddah on Sunday.
Sarma claimed the university is demolishing all the hills on its campus to construct new buildings to start a medical college and that is "one of the reasons" for waterlogging in Guwahati.
The majority of active largecap funds are set to outperform for the second year in a row in 2024, thanks to the strong performance of their midcap and smallcap allocations.
'He may respect others, but he is unlikely to admire them'
Net NPAs increased to Rs 36,260 crore in the December quarter from Rs 34,843 crore in September and Rs 33,116 crore in December 2023, observes Tamal Bandyopadhyay.
What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister and finance minister, he understood the importance of gradualism, except when the economy or the polity was in a crisis.
As RBI governor, Sanjay Malhotra will have to give the highest priority to the interest of the economy while deciding on the growth-inflation trade off at Mint Street.
Growth in corporate profits needs to be commensurate with wages to boost the economy, Economic Survey 2024-25 said, noting that sharp disparities between the two pose risk to the economy by curbing demand. The document tabled in Parliament on Friday noted that while the labour share of GVA (gross value added) shows a slight uptick, the disproportionate rise in corporate profitsredominantly among large firmsaises concerns about income inequality.
The real intention of the 'Tariff Man' (as Trump calls himself) may not even be to put the 'Tariff King' (as he describes India) on the mat with a knockout punch but to arm-twist the Indian leadership to agree to some multi-billion dollar mega arms deal, argues Ambassador M K Bhadrakumar.
'Consider 40% to 50% in equities, 10% in gold as a hedge, and the remaining 30% to 40% split between multi-asset funds and hybrid funds.'
What some of our politicians were up to on Friday, October 18, 2024.
Activist short-seller Nathan Anderson, known for his high-profile campaigns against the likes of Adani Group, said he is closing his firm, Hindenburg Research, not because of any threat -- legal or otherwise -- and that he stands by all its reports.
