Uttar Pradesh authorities have implemented extensive security and logistical measures for the annual Kanwar Yatra, which began on Thursday and concludes on August 11. These include AI-enabled surveillance, additional security personnel, medical camps, dedicated control rooms, and traffic diversions, all aimed at ensuring a "zero incidents and zero accidents" pilgrimage for lakhs of devotees.
Union Minister Nitin Gadkari has called for Indian companies to form joint ventures with US companies to leverage new technologies, while also expressing an ambitious target to make India's automobile industry the world's number one within five years.
Hyundai Motor India Ltd (HMIL) announced plans to make Tamil Nadu its 'flagship EV hub for India', committing over 26,000 crore in investment, enhancing localisation, and creating approximately 2,000 additional jobs over the next five to six years. The company will roll out two new EV models from its Chennai facility this year, including its first mass-market dedicated EV.
West Bengal's appointment of Manoj Agarwal, the former Chief Electoral Officer, as the new Chief Secretary has ignited a political firestorm, raising concerns about the fairness and impartiality of the state's electoral processes.
The government is working to make India's automobile industry number one in the world within five years, Union Minister Nitin Gadkari said on Monday. Inaugurating the 'International Value Summit 2025', Gadkari said the automobile sector pays maximum GST revenue to the government and generates employment opportunities.
'The petrol lobby is very rich and strong.'
Several parts of Mumbai received heavy rainfall in the last 24 hours, with Vikhroli reporting the highest downpour. The IMD reported significant rainfall in various areas of the city.
India witnessed a record-breaking surge in deal activity in February, with 226 M&A and private equity deals totaling $7.2 billion -- the highest monthly deal volume in the last three years, according to the Dealtracker report of Grant Thornton Bharat. "This represents a 67 per cent increase in volumes and a 5.4-fold increase in values compared to February 2024, while a 14 per cent increase over the previous month," it said.
President Droupadi Murmu's address to the nation on the eve of the 79th Independence Day.
President Droupadi Murmu addressed the nation on the eve of Independence Day, praising the response to terrorism, highlighting achievements in defense self-reliance, and emphasizing unity and progress.
"When I go to attend international conferences where there is a discussion on road accidents, I try to hide my face," Nitin Gadkari said on Thursday, underlining he had set a target to reduce accidents by 50 per cent when he first took charge as the Road Transport and Highways Minister.
Road Transport and Highways Minister Nitin Gadkari on Tuesday favoured giving a majority 51 per cent stake to foreign partners in joint ventures for building tunnels and detailed project reports to improve work quality. Gadkari said providing a majority stake to a foreign partner in the joint venture is necessary to ensure that only serious and technically qualified players bid for tunnel projects.
Telecom service providers and the Maha Kumbh Mela administration are on their toes to ensure smooth connectivity at the grand event set to witness record teledensity.
'... that it once again shies away from renewing its commitment to strategic divestment,' points out A K Bhattacharya.
If the fiscal deficit target of 4.9% of GDP has to be met for 2024-2025, which the government must in view of the uncertainties and challenges emerging both domestically and globally, the finance ministry may see in the composition of the current year's capex a sliver of hope, notes A K Bhattacharya.
Schemes like the Mukhyamantri Majhi Ladki Bahin Yojana strain fiscal resources amid rising unemployment and prices of food items.
The Reserve Bank's growth projection for next financial year is lower than 8-8.5 per cent projected by the finance ministry in the recent Economic Survey which was tabled in Parliament on January 31. Unveiling the bi-monthly policy, RBI governor Shaktikanta Das said, "Recovery in domestic economic activity is yet to be broad-based, as private consumption and contact-intensive services remain below pre-pandemic levels."
The Enforcement Directorate on Tuesday said it has attached over a dozen properties worth Rs 12.78 crore of suspended Trinamool Congress leader Shajahan Sheikh including bank deposits, an apartment, and agricultural and fishery land in Sandeshkhali and Kolkata in West Bengal.
A sudden downpour in Delhi caught citizens off guard and caused heavy waterlogging and traffic jams on Tuesday while Mumbai breathed a sigh of relief as showers stopped a day after heavy rain brought the metropolis to its knees.
This is the full text of the address to the nation by President Droupadi Murmu on the eve of India's 78th Independence Day.
Will be given choice of govt and privately funded modes to put highway projects that didn't get bids under PPP model.
'Sonia did not visit this place once since she won. Who's to say they won't lose this one, too?'
An approximate voter turnout of 59.06 per cent was recorded in the sixth phase of the Lok Sabha elections on Saturday in 58 constituencies across six states and two Union territories with the polling percentage in the Jangal Mahal region of West Bengal touching 78.19.
Hyundai Motor India on Thursday said it will invest Rs 20,000 crore in a phased manner in Tamil Nadu over the next ten years to make further inroads into electric vehicles and modernisation of vehicle platforms. The automaker will invest in phases starting in 2023 till 2032. "Hyundai has been one of the largest manufacturers and consistent investors in Tamil Nadu.
'Fifteen days ago, we were only talking of Ayodhya. Now we are talking about farmers.'
You increase the production, only then it is possible to reduce cost, Gadkari said.
Automobile dealers' body FADA on Thursday sought a cut in GST on two-wheelers from 28 per cent to 18 per cent, saying the segment being essential for millions should not be categorised as luxury item. The industry body said it has appealed to the finance minister, chair of the GST Council, all GST Council members, the ministry of heavy industries, which supervises the automobile sector, and the ministry of road transport & highways. This timely and decisive intervention would help in making two-wheelers more affordable, reviving demand and reinvigorating an industry that has seen a significant slump in sales over the past few years, the Federation of Automobile Dealers Associations (FADA) said in a statement.
Capital expenditure by 54 large central public sector enterprises and five departmental arms, having a capex minimum target of Rs 100 crore, rose 93 per cent year-on-year (YoY) in the April-May period to Rs 1.39 trillion. The National Highways Authority of India (NHAI) and the Railways have started this financial year's capex cycle on a stronger note. In the first two months of FY24, the 54 CPSEs, along with the departmental arms, achieved 19 per cent of their combined budget target of Rs 7.33 trillion, Business Standard has learnt.
Reserve Bank of India (RBI) on Friday kept the benchmark interest rate unchanged at 4 per cent and decided to continue with its accommodative stance despite rising inflation. This is the 11th time in a row that the Monetary Policy Committee (MPC) headed by RBI Governor Shaktikanta Das has maintained the status quo. RBI had last revised its policy repo rate or the short-term lending rate on May 22, 2020 in an off-policy cycle to perk up demand by cutting the interest rate to a historic low.
No lives were lost after cyclone Biparjoy made landfall. Preparations for Biparjoy were not only extensive, they were also telecast far and wide. Ahead of the cyclone's landfall, Shyam G Menon observes there was considerable publicity on how much the government was geared up to face the storm and its aftermath.
Joginder Tuteja looks at the magic she's created with her leading men in the past.
India, is home to 15% of all traffic fatalities.
The Congress released a booklet 'Nau saal, Nau sawaal', asking nine questions from Modi. The BJP rejected the Congress' criticism as a 'bundle of lies and mountain of deception' and said the questions are born out of 'pathological hatred' of the PM.
Not ruling out the violation of Standard Operating Procedures when such a huge movement of central forces is taking place in the troubled state, officials requesting anonymity said a clear picture on loopholes, if any, will be known after a thorough probe.
RBL Bank is no Yes Bank. It's not fraught with fraud. It's a story of limitless ambition and greed for growth under a leader who doesn't want to give up, says Tamal Bandyopadhyay.
Amit Shah's net worth grew 32 per cent to Rs 37.91 crore, mainly due to 80 per cent appreciation in the market value of his securities.
Shah said he is confident that BJP will return to power in four states -- Uttar Pradesh, Uttarakhand, Goa and Manipur -- and make impressive gains in Punjab.
Prime Minister Nawaz Sharif on Monday inaugurated five 'Pakistan-China Friendship Tunnels' built at the cost of about USD 275 million (approximately Rs 1,800 crore) to restore a strategic road link to China via Gilgit-Baltistan.
The projects are to be given out on design, build operate, finance and transfer basis and are part of third phase of the National Highways Development Project, the government's programme to develop road infrastructure across the country.
Some of the bodies were so badly blown up that officials feel it may take some time to identity them.
