A vast majority of the business leaders believe that the Production Linked Incentive (PLI) schemes have been beneficial and expect an extension to other sectors in the coming years, a Deloitte Survey said on Friday. An overwhelming number of survey respondents hope the budget will fuel growth across industries by building strong domestic demand and focussing on capital expenditure and believe that it would define the 'Amrit Kaal'. "Critical to this growth will be the pace of capital expenditure, infrastructure development, and the need to boost infrastructure financing through private partnership. 60 per cent of respondents suggested raising funds through Indian Government Bonds," the survey said.
'There was not a moment when the guns were out of action.'
In its verdict, the top court said that non-examination of one of the daughters and the father of one of the deceased as a witness has no material bearing.
India scripted history as the ambitious third Moon mission of the Indian Space Research Organisation (ISRO) touched down on the Moon's south pole, propelling the country to an exclusive club of four and making it the first nation to land on the uncharted surface.
Perhaps the finance ministry or NITI Aayog could take a detailed look at what governments actually deliver and at what cost; how their services can be improved and expanded where necessary; how much money can be saved through doing things differently; and how many things the government does which it can safely leave to the private sector, argues T N Ninan.
Begin by tackling small and manageable math problems. Gradually increase the difficulty level as you build confidence and familiarity, suggests Aashish Sood.
It is the lightest gold nugget ever created, researchers said.
Although the pact would focus mainly on the Pacific and the South China Sea region, any action designed to deter China with or without New Delhi's active participation is a welcome move, notes Commodore Venugopal Menon (retd).
Buying a car, particularly a diesel-powered one, is set to pinch the customers' pockets even more from the next financial year, as the second phase of Bharat Stage VI (BSVI) emission norms kicks in. The rules require cars to be compliant with real driving emission (RDE) norms, which measure pollutants emitted by cars while they are being driven on the road, unlike in a laboratory test. The norms may increase the cost of producing diesel vehicles by nearly Rs 75,000 to Rs 80,000, and petrol-powered ones by Rs 25,000 to Rs 30,000, analysts said.
Micron plans an assembly testing, marking and packaging project of $1 billion, and talks are on to set up a memory chip plant for captive requirements.
Bank of Baroda Q4 results: Key brokerages have raised their target prices on Bank of Baroda after the state-owned lender posted better-than-expected March quarter (Q4FY23) results. Analysts now see up to 29 per cent upside in the stock from a one-year perspective as they believe BoB is well-placed among the large public banks with nearly all key business metrics moving closer to the top-tier banks. Valuations, too, remain attractive despite steady strong quarterly performances.
Indrani is in a buoyant and energetic frame of mind these days -- in a full-on Mood Positive. She has a tell-all book titled Unbroken out, that she terms as an 'eet ka jawab kalam se' and appears in media interviews all over the place, when she is not kick-boxing, doing yoga, or travelling, visiting temples, or floating in shikaras on Srinagar's Dal Lake.
The CBI had registered a preliminary enquiry in 2016 which was later converted into a regular case, they added.
Consolidated earnings of Bharat Forge in Q3FY23 missed estimates, largely due to higher-than-expected interest burden, although operational numbers (including standalone numbers) were close to consensus. Still, the management guidance was positive and appeared to be based on logic.
The Centre Thursday told the Delhi high court it has set up an appellate mechanism to deal with grievances of the users arising from the decisions of social media platforms.
With the fashion world blurring the lines between innovation, technology and reality, shopping is all set to be revolutionised.
Reading books will make you curious, build your imagination and nourish your brain into an organic super power.
The Centre had, in an affidavit filed in the apex court earlier, said it had issued a letter on April 18 to all states inviting comments and views on the "seminal issue" raised in these petitions.
A special National Investigation Agency (NIA) court in Mumbai on Monday rejected the bail plea of human rights activist Gautam Navlakha, an accused in the Elghar Parishad-Maoist links case.
'From the look of those photographs and videos, it cannot be made available to anyone,' the judge said.
The ministry said the rocket system has been upgraded with advanced technologies enhancing the range to meet the emerging requirements.
I suggest we build a Vigyan Mandir (Temple of Science) with the ambience of a place of worship, so that it becomes a destination for pilgrims. We should embed on its walls bronze plaques describing each scientist mentioned here along with about a dozen of our ancient mathematicians, recommends Professor Kalyan Singhal, historian of science and technology.
The submissions were made by the CBI in a short written reply while opposing the senior Aam Aadmi Party leader's bail plea, which it said was devoid of any merit and was an attempt to misuse the intricacies of law to thwart the progress of investigation in the case.
Last year, China held a meeting with some South Asian countries on COVID-19 vaccine cooperation without the participation of India.
The launch of the crewed space mission, Gaganyaan, is being planned before the next Independence Day and this will be proceeded by two uncrewed missions, Lok Sabha was informed on Wednesday.
The Supreme Court on Tuesday said limited scope of a judicial review in economic policy matters does not mean that the court will fold its hands and sit back, observing that the manner in which a decision is taken by the government can always be examined.
Four companies - Rajesh Exports, Hyundai Global Motors Company, Ola Electric Mobility and Reliance New Energy - are eligible for receiving benefits under the production-linked incentive (PLI) scheme for advanced chemistry cell battery storage, the heavy industries ministry said on Thursday. The allotment was made for a total of 50 GWh of battery capacity to the four successful bidders. These firms, the ministry said, will receive incentives under India's Rs 18,100 crore programme to boost local battery cell production.
The government is helping vaccine manufacturers get more production units, financing and supply of raw materials, the Prime Minister's Officer said on Friday after Prime Minister Narendra Modi reviewed the progress of the country's COVID-19 vaccination drive.
AK-203 assault rifles, with an effective range of 300 meters, are lightweight, robust and easy to use modern assault rifles with proven technology.
While pronouncing the order, the high court said there was no illegally or infirmity in the trial court's order by which the bail pleas were dismissed.
The 30-share BSE Sensex surged by 477.24 points or 0.83 per cent to close at more than one-week high of 57,897.48. As many as 28 of its constituents closed with gains while two declined. The broad-based Nifty of the National Stock Exchange rose by 147.20 points or 0.86 per cent to settle 17,233.45, tracking gains in Sun Pharma, Asian Paints, and Reliance Industries.
Equity indices overcame a wobbly start to clock gains for the third session on the trot on Tuesday, propped up by banking, metal and energy stocks amid a mixed trend in global markets. A recovery in the rupee also bolstered sentiment, traders said. The 30-share BSE Sensex advanced 246.47 points or 0.45 per cent to settle at 54,767.62 after starting the trade on a weak note. In a volatile session, the benchmark hit a high of 54,817.52 and a low of 54,232.82 during the day.
The top court had on January 18 said the Centre will have a role in drafting the model community kitchens scheme and, particularly, exploring the possibility of providing additional food grains for it.
Passenger and commercial vehicle prices are expected to rise as automobile companies invest in upgrading vehicles to meet stricter emission norms that kick in from April next year. The Indian automobile industry is currently working to make their products meet the second phase of Bharat Stage VI, equivalent to Euro-VI emission norms, in real time driving conditions. Four-wheeler passenger and commercial vehicles will need more sophisticated equipment to be added to meet the next level of emission standards.
Investors became poorer by over Rs 4.47 lakh crore on Friday as markets faced severe drubbing, mirroring weak trends in global equities. The 30-share BSE benchmark dived 866.65 points or 1.56 per cent to settle at 54,835.58. During the day, it tumbled 1,115.48 points or 2 per cent to 54,586.75.
On November 7, the top court while acquitting the three convicts had said the law does not permit courts to punish an accused on the basis of moral conviction or on suspicion alone.
Exclusion of SCs, STs and OBCs, who constitute a large segment of the population, from the reservation for economically weaker sections in admissions and government jobs violates the right to equal opportunity, the Supreme Court said on Monday in its minority verdict striking down the 103rd Constitution amendment.
Reliance Industries Ltd on Thursday announced a Rs 75,000 crore investment in new energy business over the next three years as the operator of the world's largest oil refinery pivots towards a greener and cleaner version. Reliance will build solar manufacturing units, a battery factory for energy storage, a fuel cell-making plant and an electrolyzer unit to produce green hydrogen as a part of the business, chairman Mukesh Ambani said at the company's annual general meeting with shareholders on Thursday. It will also set up 100 gigawatts (GW) of solar power generation capacity by 2030 and invest in setting up a carbon fibre plant.
The industry is expecting double-digit growth on a year-on-year basis, helped by a possible price correction after softening of raw material inputs and factors such as positive sentiments, pent up demand and improving economic conditions. Besides, a shift in consumer behaviour from price consciousness towards technologically advanced premium products with quality, value proposition and safety aspects leading to a rise in demand for home automation products is making the industry upbeat. With the government's production linked incentive (PLI) scheme for white goods, which has witnessed a committed investment of Rs 4,614 crore, in place, many manufacturers are gearing up to make the most out of the opportunity as well as take steps towards reducing their dependency on imports and make products more affordable.
'Unlike on the western and eastern borders where there is an enemy at the gate, here there is an invisible enemy which is building its own capability and can come into play at a time and place of his choosing.'