India, the world's third largest oil importing and consuming nation, is likely to save as much as Rs 1.8 lakh crore on import of crude oil and LNG if the trend of softening international energy rates continues, Icra said Wednesday. India, which meets over 85 per cent of its crude oil needs through imports, spent $242.4 billion on buying crude from overseas in the fiscal year ended March 31, 2025.
Prime Minister Narendra Modi has described sports as an essential aspect of India's journey towards becoming a developed nation, saying that the new National Sports Policy will ensure a sporting growth that covers the farthest school to the elite Olympics.
BJP will find it tougher to push contentious Bills, especially those that would require Constitutional amendments, without the support of its allies and cooperation from the Opposition.
'Subjecting each such creative content to scrutiny will impose burdens on the OTT platforms and impact user experience.'
India-US relations, like Rome, were not built in a day, nor can they be demolished in a day.
All said and done, when the new global order emerges, India can only remain with the democracies, asserts Ambassador T P Sreenivasan.
India's goods exports rebounded in July after two months of contraction, with outbound shipments rising 7.3 per cent to $37.24 billion, led by a surge in exports to the United States before the country's reciprocal tariff kicked in and bolstered by a recovery in exports to other key markets.
Google on Friday announced that third-party 'in app' billing system pilot will be extended to India and some other markets, allowing non-gaming developers to offer users the choice of an alternative billing mechanism alongside that of Google Play. A reasonable service fees will continue to apply in order to support investments in Android and Play, according to Google. However, specifics of what the reasonable service fees will be, have not been disclosed.
Amid talk of an ordinance on the Food Security Bill, the law ministry has warned that without putting a proper mechanism in place to distribute foodgrains, a law should not be implemented.
India's doping woes came to the fore once again with the country topping the World Anti-Doping Agency's 2023 testing figures among countries which analysed 5,000 or more samples even as the sports ministry promised an "aggressive clean-up" and an amended Anti-Doping Act after addressing objections from the WADA.
Former Union Law Minister Ashwani Kumar has argued for replacing the existing collegium system for judicial appointments, asserting that public sentiment leans toward an alternative mechanism, potentially resembling the National Judicial Appointments Commission (NJAC). He believes that the government has the authority to propose a revised constitutional amendment for judicial appointments that would withstand judicial scrutiny. Kumar also urged the Supreme Court to establish a robust internal process to address concerns within the judiciary, including allegations against judges.
'Session musicians, background singers, and studio instrumentalists fill out the sound of India's biggest hits. But their names rarely show up on screen.' 'Their royalties never arrive. And their contribution, no matter how iconic, vanishes once the track is mastered.'
The Congress on Tuesday claimed the bill on holding simultaneous polls was against federalism and 'anti-constitutional', and said the voting at its introduction stage in Lok Sabha showed the Bharatiya Janata Party lacks the two-thirds majority required to pass a constitutional amendment.
The Reserve Bank of India (RBI) brass, including its Governor Sanjay Malhotra, on Tuesday told a Parliamentary panel that it was "optimistic" about the impact of the US tariffs on the Indian economy and, in long-run, it could benefit the country due to dipping trade relations between the US and China.
The two 'One Nation One Election' (ONOE) bills, including one requiring an amendment in the Constitution, that lay down the mechanism to hold simultaneous elections were introduced in the Lok Sabha on Tuesday after a fiery debate.
The Rajya Sabha has already given its nod to the Chief Election Commissioner and Other Election Commissioners (Appointment, Conditions of Service and Term of Office) Bill, 2023.
In the wake of the recent hostilities, both sides have moved from weapons to words, with India dispatching several delegations to visit more than 30 capitals across the world. A similar effort by Pakistan is set to start on Jun 2.
Top military officials from India and Pakistan highlighted their views at the Shangri-La Dialogue in Singapore, billed as Asia's premier defence forum, amid heightened tensions between the two sides following last month's military confrontation.
The Congress on Wednesday hit out at the government over the women's reservation bill, saying the only appropriate description of what Prime Minister Narendra Modi has done with the matter is "it is a post-dated cheque drawn on a failing bank".
'Of course, people will have to carry documents all the time. There is overall uncertainty in living in the US.'
Rajya Sabha Chairman Jagdeep Dhankhar has rejected a privilege notice against Union Home Minister Amit Shah after he cited a 1948 government press release to authenticate his statement that a Congress leader was part of the management of Prime Minister's National Relief Fund. Congress general secretary Jairam Ramesh had moved the notice against Shah for "casting aspersions" on Congress Parliamentary Party head Sonia Gandhi.
The Indian government defended the Waqf (Amendment) Act, 2025 in the Supreme Court, arguing that waqf, while an Islamic concept, is not an essential part of Islam. Solicitor General Tushar Mehta stated that waqf is essentially charity, which is recognized across religions, and cannot be considered a fundamental tenet of any faith. He also argued that the amended law addresses secular aspects of waqf and activities unrelated to Islam, and that "waqf by user" does not grant ownership of public land. Mehta highlighted the extensive consultations involved in the bill's creation, including feedback from various stakeholders. The hearing will continue on Thursday.
"Before the BJP came into existence, its forerunners Jan Sangh and RSS had opposed Babasaheb while the Constitution was being adopted," Prakash Ambedkar, who heads Vanchit Bahujan Aghadi, told reporters in Pune.
The government on Thursday tabled the Digital Personal Data Protection Bill 2023 in the Lok Sabha with an aim to protect the privacy of Indian citizens, while proposing a penalty of up to Rs 250 crore on entities for misusing or failing to protect digital data of individuals.
Several opposition leaders on Sunday criticised the bill on the appointment and service conditions of the chief election commissioner and election commissioners at an all-party meeting as "anti-Constitution" and "anti-democratic", sources said.
Anticipating US action on tariffs, India seems to have made the first move by revamping its tariff structure by reducing the slabs to eight rates, points out Mukesh Butani.
The draft rules have been issued after Parliament approved the Digital Data Protection Bill 2023 about 14 months back.
The number of cyberfraud cases has skyrocketed from 2,677 in 1999-2000 to 29,082 in FY24 -- more than a 10-fold increase. The RBI pegs digital payment frauds at Rs 1,457 crore in FY24, up more than five times in a year. It's not just the number of frauds. What's alarming is the growing sophistication of the fraudsters, exposing the vulnerabilities within the financial system, observes Tamal Bandyopadhyay.
The Rajya Sabha on Wednesday passed the Digital Personal Data Protection Bill 2023 by voice vote following a walkout by opposition members over the Manipur issue.
They stated that when a soldier fights for the nation, he does so not as a Hindu, Muslim, or any other religion, but as a patriot.
The Parliament on Wednesday passed a bill which seeks to provide a statutory framework for the functioning of the National Anti-Doping Agency and the National Dope Testing Laboratory.
'We are not asking for incentives, but at least taxation can be aligned such that the rupee tax on consumers remains the same.'
The eighth Budget of Finance Minister Nirmala Sitharaman continued to focus on 'GYAN' (Garib, Youth, Annadata, Nari) to maintain a consistent and coherent strategy initiated over the years in pursuing the government's vision for Viksit Bharat. The approach, characterised by incremental yet impactful steps, aims to create a compounding effect over time.
The National Judicial Commission Bill, 2022, was introduced after the majority of voice votes were in its favour.
'...how do they consume and contribute to the GDP?'
The ministry of information and broadcasting (I&B) on Wednesday held an inter-ministerial meeting with various departments to discuss issues regarding revenue sharing between Big Tech companies and digital news publishers, according to sources. The meeting - chaired by I&B Secretary Sanjay Jaju - invited senior officials from the ministry of corporate affairs (MCA), Competition Commission of India (CCI), ministry of electronics and information technology (Meity) and departments of promotion of industry and internal trade, legal affairs and consumer affairs.
Max Verstappen, who could seal his fourth successive championship on Saturday, will line up fifth on the starting grid
The government on Tuesday proposed to launch a mission to give fillip to the domestic output of critical minerals like copper and lithium, their recycling as well as acquisition of such assets abroad. Presenting Union Budget for 2024-25, Finance Minister Nirmala Sitharaman also said the government will launch the auction of the first round of offshore mining blocks.
The results of the assembly elections in Gujarat and Himachal Pradesh are likely to play out during the winter session of Parliament beginning Wednesday.
India on Thursday asked Pakistan to address the 'shortcomings' in a bill brought out to facilitate reviewing the case of Indian death row convict Kulbhushan Jadhav, saying the proposed law does not create a mechanism to reconsider it as mandated by the International Court of Justice (ICJ).
The bill provides for severe punishment ranging from 1 year to 10 years and pecuniary fines ranging from Rs 2 lakh to Rs 50 crore to act as deterrent.
