Higher growth in vegetable demand relative to supply in the recent past has led to an upward trend in inflation, with spikes becoming more frequent. A study by rating agency Crisil found that vegetable inflation has been the most volatile in the food category, in fact. Inflation volatility is detrimental for both consumers and farmers and also sidetracks policymakers in the short term, necessitating frequent and repeated price-smoothing measures.
"We are building 20 km roads a day. But is this enough?"
Facing protests from a section of the Rajput community over Union Minister Parshottam Rupala's remarks, the Bharatiya Janata Party in Rajasthan's Chittorgarh -- a Rajput-dominated seat -- is hoping that the 'Modi factor' and the development work undertaken by his government will help it retain the Lok Sabha constituency.
Over 68,000 Army soldiers, around 90 tanks and other weapon systems were airlifted by the Indian Air Force to eastern Ladakh from across the country for rapid deployment along the Line of Actual Control (LAC) after the deadly clashes in the Galwan Valley, top sources in defence and security establishment said.
"There are five Indian and six foreign companies which have submitted expression of interest (EoI) for buying stake in the gas transportation company (RGTIL)," a source privy to the development said.
Finance Minister Nirmala Sitharaman on Thursday announced a Rs 11.11 lakh crore spending on infrastructure and vowed to continue reforms as she resisted resorting to populist measures in Modi government's last Budget before general elections, instead choosing to stay on the path of cutting deficit while bolstering measures for focus groups.
The 4.5 kilometre-long Silkyara tunnel project in Uttarakhand, which is part of the central government's strategic 900-km 'Char Dham Yatra All Weather Road', will continue after the necessary safety audit and repair of the broken structure, a senior road ministry official said on Wednesday.
This is Union Health Minister Mansukh Mandaviya's maiden Lok Sabha election, but political experts and voters feel he can easily win Porbandar seat in his home state Gujarat, despite the electorate facing some key issues like unemployment.
Reeling under a series of derailments, the Budget is likely to announce creation of a separate safety fund of about Rs 1 lakh crore over the next five years.
The earthquake damaged houses, roads, as well as other infrastructures, state-run Xinhua news agency quoted eyewitnesses from the area as saying.
India also went on an overdrive in expanding its military engagement with like-minded countries in its neighbourhood and beyond in the face of China's relentless attempts to become a regional hegemon and establish its primacy in South Asia.
How the 4 ministries have performed
In an astonishing escalation of infighting, Russia accused Wagner mercenary chief Yevgeny Prigozhin of calling for an armed mutiny, reported ABC News.
After agreeing to sell 30 per cent stake in the 23 blocks in India to BP, Mukesh Ambani is reportedly looking for buyers for its gas transportation and marketing company.
The government on Friday announced it had entered into an agreement with the United States to establish an Aviation Cooperation Programme to modernise the sector's infrastructure.
General Singh was assigned to receive leaders representing the planet's two superpowers -- the president of the United States and the premier of the People's Republic of China.
The government on Tuesday decided to set up a committee of secretaries to fast-track implementation of infrastructure projects along the border with China.
In his letter to the Congress National President, Mallikarjun Kharge, Lovely said that all unanimous decisions taken by the senior Delhi Congress leaders have been unilaterally vetoed by the AICC general secretary (Delhi in-charge).
While some of the journeys are memorable for fun and adventure, others highlight the pathetic transport infrastructure which fails to offer a comfortable ride to daily commuters.
The oil industry experienced three upheavals between 1973 and 1991, which seem to be etched in the memory of the industry's decision makers. Naturally, at the sign of a new crisis, the decision makers like to dip into those tumultuous decades to find ways to deal with the new shock, in addition, of course, to expert reports and forecasts. So, the industry bigwigs turned the pages of history to get a peek into the future of oil price movements after Russia invaded Ukraine in 2022, Israel attacked Gaza in 2023, Iran-linked Houthi rebels pounded tankers crossing the Red Sea in support of Palestine the same year, and Iran rained missiles on Israel in 2024.
Prime ministers turning up with such frequency to launch trains is an indication of the political mileage resident in public transport. Will our railways step out of the government's shadow? After all, they are the ones manufacturing trains and running them, notes Shyam G Menon.
Downstream oil sector regulator Petroleum & Natural Gas Regulatory Board had been pushing for cancellation of the authorisation given to RGTIL.
The airline industry is projected to register a net profit of $25.7 billion in 2024 as more normal growth is expected in both passenger and cargo segments, global grouping IATA said on Wednesday. For 2023, the net profit is estimated at $23.3 billion, significantly higher than the $9.8 billion projected by the International Air Transport Association (IATA) in June this year. IATA has more than 300 airlines as members.
Accelerated development of highways will be taken up with 2,500 km access controlled highways and 9,000 km of economic corridor. In addition, there will be 2,000 km each of strategic highway projects and port connectivity projects, she said.
Delays in execution of mega infrastructure projects has seen a massive Rs 52,446 crore jump in their original cost estimates.
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Stocks to watch: Container Corp, Snowman Logistics & Transport Corp
Tariff fixation has become such a politicised exercise that the institution is losing its importance in the national transport infrastructure.
The UK-based group, run by billionaire Hinduja brothers, is already present across various countries including India in sectors like banking, auto, energy, technology and healthcare and has a turnover of over $25 billion (about Rs 1.4 lakh crore or Rs 1.4 trillion).
The company, which has opened an exclusive showroom in Gurgaon, plans to open more showrooms in metros and mini metros in the coming months, the company said in a statement.
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.
According to the report, the demand for materials needed for infrastructure projects like metals, minerals, buildings and transport equipment is expected to increase as the country invests in building its civil infrastructure.
'Neither did I approach the BJP nor did they ask me to join them. It was a natural choice for both of us to make.' 'It was never for me to ask or for them to give.'
Valuation slips on rights cancellation; OIL pulls out, GAIL puts plan on ice.
Board would start selling the bid documents on November 22.
The ministry refused to buy RGTIL's argument that the government has already allocated all of the projected mmscmd of gas output from the KG-D6 fields to customers in Andhra Pradesh, Maharasthra and other northern states, leaving no gas for transportation through its proposed pipelines from Kakinada to Howrah, Chennai, Tuticorin and Mangalore.
Presenting the Budget for 2020-21, Sitharaman said Rs 1.7 lakh crore has been provided for transport infrastructure in 2020-21.
Bansal said he would also pursue for the approval of projects identified as being of national importance, including the Bilaspur-Manali-Leh, Jammu-Poonch via Akhnoor, Tanakpur-Bageshwar and Parsuramkund-Rupai.
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