India received 41 per cent more rainfall than normal from October 1-21 with Uttarakhand alone recording more than five times its normal precipitation, IMD data showed on Thursday.
Farmers flaunting colourful turbans, sunshades, long beards and twirling moustaches danced on tractors, distributed sweets and hugged each other to mark the occasion that seemed like a festival.
The highway authority's annual toll earning for 2009-10 was in the range of Rs 1,700 crore (Rs 17 billion) from 141 public-funded toll plazas in the country.
Our country needs massive investment in access of Rs 50 lakh crore in infrastructure to increase growth of GDP and integrate the nation with a network of roads, airports, railways, inland water and to provide good quality services to the people: FM
Recently, world headlines buzzed with Elon Musk's announcement that he was shelving his audacious bid for social media platform Twitter. Away from the media spotlight, questions are being asked about the maverick billionaire's plans in India, too. A few days ago, a Reuters report said Musk's flagship Tesla had put on hold its plan to launch electric cars in India.
'Wherever in the world there is political instability, those countries are beset with severe crises today. But India is in a much better position than the rest of the world due to the decisions taken by my government in the national interest,' President Droupadi Murmu said in her address to both Houses of Parliament.
He said he spoke whatever he felt from within and added 'neither I dream it, nor there is any liaisoning, nor any PR'.
As the mother still lay still, he wobbles away from her, announcements continuing in the background about the arrival and departure of trains that would bring in tens of thousands of people in a rush to get away from hunger and hardship they face in large cities that could sustain them no more.
The intention is to have a model with a single-clearing house.
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."
'All imaginary figures are pushed by government bureaucrats.' 'They never showed that the production of wheat was less this time.'
In Assam, nearly 27.80 lakh people across 26 districts have been affected by the deluge. The deaths were reported from the Barpeta, Kokrajhar and Morigaon districts. The death toll due to floods and landslides this year has risen to 122.
By May this year, awards in highways projects will swell to Rs 2 lakh crore from Rs 1.6 lakh crore now
He said unwarranted rumour-mongering, speculation, and bear hammering of all Reliance Group companies shares over the last few weeks had caused grave damage to all our stakeholders.
Automakers are caught in a chicken-and-egg situation: Prices have to come down if volumes are to increase, and volumes won't increase unless prices come down, notes Pavan Lall.
To beat BJP, you either deny them a critical mass of Hindu vote or build a regional leader and party strong enough to protect their turf, observes Shekhar Gupta.
'It is not about trusting the governor but the ground situation not matching with what he has said,' Jammu and Kashmir People's Movement chief Shah Faesal, who was one of the leaders to meet the governor tells Rediff.com's Prasanna D Zore.
Desperate people waiting for a lift or walking on foot has become a common sight in the trouble-torn Kashmir Valley where public transport has remained suspended for the past 80 days.
Finance Minister Nirmala Sitharaman on Monday presented the Budget for 2021-22 in the Lok Sabha that is expected to provide relief to the pandemic-hit common man as well as focus more on driving economic recovery through higher spending on healthcare, infrastructure and defence amid rising tensions with neighbours, As India emerges from the COVID-19 crisis, the ninth Budget under the Modi government, including an interim one, is widely expected to focus on boosting spending on job creation and rural development, generous allocations for development schemes, putting more money in the hands of the average taxpayer and easing rules to attract foreign investments.
Tawang wears its history -- and also its present -- with ease. The flourishing town, with restaurants selling everything from noodles to dosas and locals returning home to new business prospects, shows little sign of the tension building up at the border about 40 km away to the north.
The police on Sunday detained 53 Bajrang Dal activists after foiling their bid to move towards Baltal base camp of Amarnath cave shrine in Kashmir, ahead of the commencement of the annual pilgrimage in June. Flagged off by Vishwa Hindu Parishad state chief Rama Kant Dubey from Jammu city, a group of 150 members boarded two buses and left for Kashmir Valley. They were intercepted by the police on the Jammu-Srinagar National Highway at Jajjarkotli, 35 km from Jammu.
According to a new report by international management consulting firm Arthur D Little, the worst of COVID-19's impact will be felt by India's most vulnerable in terms of job loss, poverty increase and reduced per-capita income, which in turn will result in a steep decline in the Gross Domestic Product (GDP). "Given the continued rise of COVID-19 cases, we believe that a W-shaped recovery is the most likely scenario for India. This implies a GDP contraction of 10.8 per cent in FY 2020-21 and GDP growth of 0.8 per cent in FY 2021-22," the report said.
The world's biggest lockdown that shut a majority of the factories and businesses, suspended flights, stopped trains and restricted movement of vehicles and people, may have cost the Indian economy Rs 7-8 lakh crore during the 21-day period, analysts and industry bodies said.
Assocham president Niranjan Hiranandani said his talks with government officials showed dues to industry and states were pending in the form of refunds of income tax, value-added tax, and GST, and compensation, payments to discoms in the power sector, fertiliser subsidies, etc.
Had Finance Minister Sitharaman thought a little more about the middle class, disadvantaged sections, and the poor who are struggling, it would have been an inclusive Budget that would have made history, notes Ramesh Menon.
The work on India's longest road tunnel has begun, with engineers blasting a part of a hill to make way for the construction of the 9-km-long Chenani-Nashri tunnel in Udhampur district in Jammu and Kashmir.
Sathe had suffered multiple injuries on his skull in that incident, but due to his strong will power and passion he cleared the test and started flying again, his cousin said.
PM to launch works on Zojila tunnel, other infrastructure projects.
Over a dozen IAF planes, including Mirage-2000 fighters and Sukhoi 30s, besides 35,000 kg C-130J Super Hercules aircraft, took part in the exercise.
Long-term funding was a requirement for infrastructure projects, and asset-liability mismatch in the banking system, impacts the access to finance for infrastructure projects. One of the key challenges would, however, be to get private sector back into investing.
Fresh clashes broke out in curfew-bound Kashmir Valley on Saturday in which 30 persons, including 15 security personnel were injured, as protests against the Ramban killings on Thursday continued in Jammu and Kashmir.
The number of recoveries stands at 6,12,814, while there are 3,31,146 active cases of coronavirus infection presently in the country. "Thus, around 63.25 per cent of patients have recovered so far," an official said.
At least 10 people were charred to death and another 12 got injured when a gas tanker caught fire and exploded after being hit by a truck on a highway near Beelpur village, 35 kilometres from Jaipur, late Saturday night.
Kiran Kumar Grandhi, 38, was earlier in charge of the urban infrastructure and highways business, which contributes five per cent of the Rs 10,000-crore revenue of GMR Infra.
'The situation has improved because oxygen tankers are now coming.' 'Before this it was chaotic.'
Finance Minister Arun Jaitley on Monday presented the Union Budget for 2016-17.
The government needs about Rs 3.31 lakh crore (Rs 3.31 trillion) to meet its target of developing 35,000 kms of national highways over the next five years.
Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.
Raj Thackeray and the MNS protested against tolls in Maharashtra to demonstrate that it still has political clout, says Neeta Kolhatkar.
Hyperloop runs faster than an aircraft at a speed of 1,120 kmph and can cut the distance between Nagpur and Mumbai in 35 minutes