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.
'Our problem is not a budget deficit but a trust deficit. We need to trust our institutions and industries to innovate and lead. That is the way forward for India.'
The Indian government has expressed its disagreement with the IMF staff's 'baseline' assumption that the 50 per cent US tariffs on its goods exports 'would remain in place indefinitely', based on which the staff pegged the country's GDP growth at 6.6 per cent this year, and pared its 2026-27 projection by 20 basis points to 6.2 per cent.
'Most pollution boards across the country have unused funds. There is practically no reason why pollution should not be a political priority.'
Considering the competition, engineering aspirants should ideally consider taking a minimum of five to seven entrance exams to maximise their chances of success and broaden their options when it comes to college, says rediffGURU Nayagam PP.
'The Bhashini Mission has delivered a working technology at large scale, which is as good as or better than the one with MNC tech giants.'
'Marathwada is the suicide capital of Maharashtra.' 'To stop such man-made disasters, the government should immediately come up with a rightful package, not this charitable approach to compensation.'
The era where nations thrived through rigid alignments is giving way to an age where the connective State defines power. For India, that era has arrived, points out Dr Nishakant Ojha.
Several leading scientists, academicians, and agriculturalists have called for raising government support for research and development to make Indian agriculture future-ready.
The US Trade Representative noted that India's average applied tariff rate stood at 17% per cent, the highest of any major world economy.
'Agri reforms need to go beyond the limited concerns of these three laws in improving agriculture productivity in cereal and crop diversification and production patterns.'
Thousands of workers of every description -- from journalists to steel workers, from painters to New York cops, from auto to engineering workers -- marched for two hours down 5th Avenue one of Manhattan's most iconic thoroughfares, reports Jyoti Punwani.
Here is an explainer on the functioning of the seven-year-old body.
Applications invited for the 2-year MSc (Food Technology) Degree Course of the University of Mysore for the years 2008-2010.
The government has identified nine key focus areas in the AI national programme, including agriculture, education, Indian languages, smart cities, cybersecurity, transportation, and finance.
The Lok Sabha contest in Thiruvananthapuram is shaping up to be a significant battle involving key candidates like Shashi Tharoor, Rajeev Chandrasekhar, and Panniyan Ravindran. This three-cornered fight highlights the political dynamics in Kerala's capital city, with each candidate bringing their own vision and promises for the region's development, notes Rajeev Srinivasan.
The sustainable impact of this process is under scrutiny, Tripathi added.
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.
Year by year, our cities remain defeated in the face of weather conditions, costing us time, money, resources and often lives, observe Amit Kapoor and Bibek Debroy.
Prime Minister Narendra Modi on Thursday said India has become the fifth largest economy in the world and this is not an ordinary achievement. "Every Indian is feeling proud of it. We need to maintain this enthusiasm," Modi said. He was virtually addressing beneficiaries of various government schemes and those present at a mega medical camp organised in Olpad area of Surat city in Gujarat, where the Assembly polls are due later this year.
For distressed farmers in Mandya district of Karnataka, Madhuchandan is a true saviour.
Rajiv Kumar will continue as vice-chairman of the body, along with other full-time members V K Saraswat, Ramesh Chand and V K Paul.
Beijing will be intently watching Washington's response for any hint of weakness. Xi Jinping, who feels China has a limited window of strategic opportunity, will be emboldened to take additional initiatives in the Indo-Pacific and specifically against India and Taiwan, warns Jayadeva Ranade, the former senior RA&W officer and China expert.
Launching a veiled attack on Rashtriya Janata Dal chief Lalu Prasad, who he did not mention by name, Modi said Bihar has come out of an era when rail, road and internet connectivity were made light of and people used to say of what use roads are for those who walk on their feet.
A lesson we have not learnt from China is the urgent need to knit the vast country together to keep it from falling apart at the seams. While there is considerable dent in poverty, sadly, the North East remains as distant today as it always was, points out Shreekant Sambrani.
We have our own problems for sure and they are not trivial, but for now, our economy is in not too bad a shape, our politics is as personality-driven and authoritarian as that of most countries in the world. We must make the best of what we have and not be excessively unhappy looking at the grass on the other side of the septic tank which may not be greener after all!, observes Shreekant Sambrani.
A survey conducted by Business Standard reveals that a majority of the country's states are still firmly against the move, while a few are open to considering only conditionally.
"The way in which UP has controlled the second Covid wave and stopped its spread is unprecedented," the prime minister, who arrived at his parliamentary constituency earlier in the morning on Thursday, said while addressing a gathering.
It will be interesting to see whether India-China border tensions figure during the deliberations of PLA deputies to the NPC and CPPCC, notes Jayadeva Ranade, the distinguished China expert and retired RA&W officer.
As male bovines today account for only 28 per cent of India's cattle, it clearly shows that it is the bulls and not the cows that are mostly being butchered. This makes it clear that cow slaughter is not a problem but the slaughter of male bovines is whose main utility today is in the value of their meat, says Murad Ali Baig.
The sentiments of the ignorant are what politicians unfortunately fan to inflame passions for political gain, says Murad Ali Baig
'The honourable prime minister virtually handpicked me for the Amritsar East seat.' 'Amit Shahji announced that if I am elected, the whole of Punjab will be drugs free.'
'Imagine taking care of a patient who is infected with Covid. A human nurse is unable to do that due to fear of infection. The robot can do that task, while it is controlled or supervised by the human nurse. So the robot becomes an extension of the nurse.'
A roster of the work for fresh cases notified under the order of the chief justice of India will come into effect from February 5 till further orders.
The McKinsey report said faster employment growth at 12 million non-farm jobs annually is needed in the post-Covid period till 2029-30, up from just four million created each year between 2012 and 2018.
EY said out of the nearly Rs 21 lakh crore package, Rs 8.01 lakh crore is on account of liquidity enhancing measures taken by the RBI since February.
'The Kerala saga also requires a reappraisal of Nehru himself. 'The real Nehru is to be found somewhere between the syrupy panegyrics on him and the demonisation of him that is currently happening,' says Ambassador MK Bhadrakumar.
Observing that the economic recovery was not yet fully entrenched, the RBI Governor said recovery is likely to be gradual.
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.
'The Bihar verdict has shown that the people of Bihar don't desire to go back to the mandir-masjid rhetoric.' 'Jobs, wages and development are the aspiration of the people of Bihar and we hope the next government will keep that in mind.'
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