The fiscal tilt towards capex benefits companies in investment-related sectors like capital goods, defence equipment, engineering & construction and metal & mining. The planned cut in revenue expenditure will weigh on companies in consumption sectors like FMCG, consumer durables and retail.
'I fail to understand why when Rahul Gandhi himself gave me hope that I would contest the polls, how come other Congress leaders did not consider my name?'
Part-I of this three-part series dives into Delhi-NCR's SPR, Sohna, Dwarka Expressway, and Jewar Airport leading the charge.
While demand for sub Rs 50-lakh affordable housing prevails, market players cite increased land rates, escalated construction costs and low margins as key prohibiting factors.
Private players may soon be roped in for developing slums under the Manmohan Singh government's ambitious Rajiv Awas Yojna.
This is the second such initiative for urban reforms after the successful implementation of the Jawaharlal Nehru National Urban Renewal Mission launched in FY06.
A Cabinet meeting presided by Chief Minister Sheila Dikshit decided to waive Delhi Government's share of Rs 60,000 for each dwelling unit if an SC or ST family gets a flat built under Rajiv Ratan Awas Yojna.
As the Union Budget 2025-2026 (FY26) inches closer, the Indian real estate industry is seeking stamp duty cuts, revised home loan limits and updated affordable housing norms through Pradhan Mantri Awas Yojna (PMAY), single-window clearance and eco-friendly policies, among others. Industry leaders and consultancy firms, including Anarock, Raheja, Gaurs, Kanodia Group, Reach, Urban Space, Justo and Eros Group, have shared their expectations.
He asserted that it was time to "throw such forces out" to protect "mati, beti, roti" (land, daughter, bread).
Shah, while releasing the saffron party's manifesto 'Sankalp Patra' for the upcoming assembly elections in Jharkhand, announced that a Displacement Commission would be formed to ensure rehabilitation of people displaced by industries and mines in the state.
Against predictions by most exit polls that the ruling Congress had an edge in the state, the BJP banked heavily on the charisma of the PM.
Vishnu Deo Sai, a prominent tribal face of the Bharatiya Janata Party, will be the next chief minister of Chhattisgarh where the saffron party returned to power after a gap of five years following the recently-concluded assembly polls.
Chhattisgarh Chief Minister Bhupesh Baghel reached the national capital on Saturday and is likely to raise with the Congress leadership the issue of his differences with state minister T S Singh Deo, sources said.
Opposition MPs on Tuesday demanded the resignation of Manipur Chief Minister Biren Singh over the violence.
Singh Deo will, however, remain the minister for Health and Family Welfare, Medical Education, Twenty Point Implementation and Commercial Tax departments.
These houses will have amenities such as LPG, electricity and toilets, she said.
The Delhi Bharatiya Janata Party on Saturday termed as misleading the announcement of implementation of food security scheme by the city government and said it will meet the same fate as other schemes like Rajiv Ratna Awas yojna, Annashri yojna and Antyodaya yojna.
The Rural Development Ministry has been allocated Rs 1.88 lakh crore in the Union Budget for 2025-26, around 5.75 per cent more than the allocation in the previous budget.
Confident of securing a massive majority in the upcoming Lok Sabha elections, Prime Minister Narendra Modi on Wednesday outlined his vision for his next five-year term saying the Modi 3.0 government will put all its might to strengthen the foundation of 'Viksit Bharat' or a developed nation.
Uttar Pradesh Chief Minister Akhilesh Yadav made a surprise visit to Congress President Sonia Gandhi's Lok Sabha constituency of Rae Bareli on Wednesday where, among other things, he ordered action against two district officials for laxity in service.
Banerjee said her microphone was stopped after five minutes, while other chief ministers were allowed to speak for longer durations.
A string of populist promises, including extension of the free ration scheme announced by Prime Minister Narendra Modi, the Mahadev betting app issue and the Hindutva card are among key factors that have catapulted the Bharatiya Janata Party to power in Chhattisgarh after five years.
'Elections are fought to win.' 'In our party, the leadership takes the final decision, and our leaders are very clear about it.'
Against the backdrop of riots in Muzzafarnagar, Minorities Affairs Minister K Rahman Khan on Wednesday said the Centre would try to build consensus among political parties to get the Anti-riot Bill passed in Parliament.
The case pertains to a dispute with the then sarpanch of Harmada, when the activists had gone to his house to see some records.
Dismissing his Assam counterpart's claim, Meghalaya Chief Minister Conrad K Sangma on Tuesday asserted in the assembly that Mukroh village on the disputed inter-state border, where a violent clash claimed six lives last year, is a part of the hill state.
He said the people of the state took a historic decision in 2003 by removing the government of "Mr Bantadhar", apparently referring to senior Congress leader and former chief minister Digvijaya Singh.
According to the third batch of supplementary demands for grants tabled in the Lok Sabha, approval is being sought for gross additional expenditure of over Rs 1.58 lakh crore.
The family, which had refused to conduct his last rites, was assured that they would be provided Rs 10 lakh compensation, a contractual job for a dependent and a house under Indira Awas Yojna besides removal of a local revenue officer and a station house officer, police said.
Congress leader Rahul Gandhi on Monday said his party would conduct a "caste census" if elected to power as only such an exercise would ensure the "participation of OBCs, Dalits, tribals and women".
Targetting Prime Minister Narendra Modi over his 'failure' to bring back black money in 100 days after coming to power, former Bihar chief minister and senior Janata Dal-United leader Nitish Kumar on Thursday asked the former to explain to the people of country about when the amount of Rs 15 lakh would be deposited in every bank account as promised by him.
Addressing the Grah Pravesham programme, to hand over new houses to their owners, via video conferencing, Modi said his government has given topmost priority to providing houses to the poor people.
Ostracised by their kin for fear of being infected by AIDS, five siblings, all minors, have been living under a tree for the last three years in a graveyard where their parents are buried.
The NPR data can be used for transparent and efficient delivery of social benefits by linking it with various beneficiary oriented government schemes, they said.
Sitharaman said the government also proposes Pradhan Mantri Matsya Sampada Yojana to address critical infrastructure gap in fisheries sector.
Modi launched a scathing attack on the Congress alleging that the opposition party has become outdated and has always been against any kind of reservation.
'Modi must see how we live, what we have to do to educate our children.'
'There is no immediate threat to the government, and they would prefer the growth agenda.'
'We need a candidate who will do our work and fight with the authorities; someone we can hold accountable.' 'Piyush Goyal is not that candidate.'
The finance minister has stayed true to her commitment to fiscal consolidation, even though the pace of the decline in the deficit could have been faster, notes A K Bhattacharya.
