"The deal is being implemented. We witnessed attempts on the part of the US to undermine this cooperation and make India obey the American orders to follow the American vision of how this region should be developed," Russian Foreign Minister Sergey Lavrov said.
The move came after Prime Minister Narendra Modi told chief ministers of the seven worst affected states on Wednesday that his government has increased the states' limit to spend the SDRF to boost infrastructure to fight the pandemic.
The development comes close on the heels of Uber planning to invest substantial part of $3.5 bn Saudi money in India.
The country's new economic roadmap highlights the importance of creating a virtuous cycle of investment, savings and exports in order to sustain rapid economic growth over the next five years.
'Health will continue to be at the centre of the government's attention as it underpins economic recovery and our collective well being.'
Maharashtra Chief Minister Uddhav Thackeray told British billionaire Richard Branson that he would study the Mumbai-Pune ultrafast Hyperloop transport project and take further decisions. Branson met Thackeray in Mumbai to clear "misunderstandings" and gauge the new administration's interest in the $10 billion project. Branson had said the entire cost of the project will be borne by the private sector and it will not depend on any funding from the state.
Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.
Adani said he expected the number of flyers in the country to grow five-fold, which means India would require 200 additional airports to handle over 1 billion domestic and international passengers across the tier-1, -2 and -3 cities.
At present, 2,265 villages were inundated and 1,12,667.06 hectares of crop area has been damaged across Assam, the Assam State Disaster Management Authority (ASDMA) said.
'Our automakers export 50 per cent of what they manufacture and once the policy comes into play, which is in the next 2-3 years, we would become a Rs 10 trillion industry.'
The idea is to do away with the need for the approval of the Core Group of Secretaries on Divestment for privatisation of companies, especially in non-strategic sectors.
'There can be potential hotspots for spread of infection like industrial clusters with closed work environment, people coming from high prevalence areas, other high density areas such as slums, prisons, old age homes etc'
Akansha Dixit, who works in a firm in Mumbai, tells Rediff.com's A Ganesh Nadar what she would like to see in Finance Minister Nirmala Sitharaman's Budget.
Gadkari said that the MSME sector contributes significantly in pushing the country's economic growth and creating employment.
Automobile dealers' body FADA on Monday said passenger vehicle (PV) retail sales in October witnessed a year-on-year decline of 8.8 per cent to 2,49,860 units, as registrations slowed down owing to supply issues. According to the Federation of Automobile Dealers Associations (FADA), which collected vehicle registration data from 1,257 out of the 1,464 regional transport offices (RTOs), PV sales stood at 2,73,980 units in October 2019. Two-wheeler sales declined 26.82 per cent to 10,41,682 units last month, as compared to 14,23,394 units in October 2019.
Taliban failed to honour Doha accord, never renounced Al-Qaeda: US general Mark Milley
The experts said that climate change is not only raising temperatures and making India's heatwaves hotter, but also changing weather patterns that further drive dangerous weather extremes.
The first dimension of this vision will be to build physical as well as social infrastructure for a $10-trillion economy and to provide ease of living: Goyal.
The total allocation for the road sector has been Rs 97,000 crore.
A Japanese delegation will soon visit India to study the opportunities
Investors should await consistent growth metrics before looking at an investment in the company.
'To set up a successful business, one must have a solution to an existing problem or a better way of addressing the current solution.'
'We have to take all preparations because the third wave is likely to start from September-October onward'
Smart cities can provide more safety, better management of traffic congestion, a low-carbon environment and better services.
Kharola leads from the front. As a team player, he also uses technology to improve processes whether it is training or assessing metrics, a key trait that would help to improve service quality of the national carrier.
Automaker Citroen on Wednesday said it has commenced home deliveries of C5 Aircross SUV, its first model in the Indian market. The company, which is a part of Stellantis group formed by the merger of two global auto majors FCA and Groupe PSA, is taking online bookings for the model and then directly delivering the SUV to customers from its Tiruvallur-based (near Chennai) manufacturing plant. It is the first of its kind sales initiative in the country. Citroen currently has showrooms across ten cities in the country, including Bengaluru, Ahmedabad, Chennai, Mumbai, Pune, Hyderabad, Kolkata, Delhi, Kochi, and Gurugram. For customers outside these cities, it has launched a 100 per cent direct online buying for its flagship model.
If 2019-20 (FY20) was an unusual year for highway construction in India, with the pace of work slowing down for the first time since the Narendra Modi government assumed power in 2014, largely due to the general elections in May and liquidity crunch, the outbreak of the Covid-19 pandemic in 2020-21 (FY21) only made matters worse with lockdowns and labour unavailability. The pace of highway construction in 2021-22 (FY22) has not been able to bulldoze the pandemic barriers in a year marred by two Covid-19 waves - the second at the start of the fiscal year, the third towards the close. With localised lockdowns and restrictions on mobility, highway construction growth in the country has now fallen to a five-year low.
Parks would cut transport cost by 10% for industries, allow freight movement on larger trucks and rail.
The state government says Ola was using its existing cab aggregator licence to promote bike taxi services.
The hit to economic activity will be mostly confined to the first quarter. And a third wave, if it materialises, is unlikely to be hugely disruptive for the economy, predicts T T Ram Mohan.
Public bicycle-sharing systems are entering this untapped market.
'The government needs to think if a draconian, outdated and colonial law is needed in a democratic, multi religious, diverse country governed by a democratic government.'
Let's take a look at some of the best and worst cities in the world.
The latest avatar of the F-15 is designed to deal with the world's most potent air threats that are emerging from China.
The draft document released on Wednesday states that private train operators have to maintain 95 per cent punctuality through the year. Private operators also have to pay penalties for misreporting their revenue or in case of train cancellations for reasons attributable to them.
The RBI should provide readily accessible summary information on its website about all corporate debt defaulters and the amounts involved.
All people who have arrived in Saudi Arabia from European countries, as well as other states where the new coronavirus strain has emerged, will have to self-isolate at home for two weeks. Those who have visited these countries in the past three months will need to get tested for Covid-19, according to SPA.
'You will not have a vaccine for everyone initially.'
Maharashtra Chief Minister Uddhav Thackeray on Saturday said he had tried to contact Prime Minister Narendra Modi on phone regarding the oxygen supply for the state but the PM was not available since he was busy campaigning for the West Bengal elections.
Bharti Global and UK government-led OneWeb on Friday announced the launch of 36 communications satellites and said it aims to offer high-speed internet from its constellation of satellites in India by mid-2022. The recommencement of satellite launches by OneWeb comes within weeks of billionaire Sunil Bharti Mittal-run Bharti Group along with the British government taking over as the new owners of the broadband satellite communications company, which emerged from bankruptcy. The Low Earth Orbit (LEO) broadband satellite communications company on Friday launched the 36 satellites from a Soyuz launch vehicle, which began from the Vostochny Cosmodrome, in Russia.
