A plea has been filed in the Supreme Court seeking a direction to the Centre to constitute a committee monitored by a retired apex court judge to enquire and investigate into the Hindenburg Research report which made a slew of allegations against the business conglomerate led by industrialist Gautam Adani. The fresh public interest litigation (PIL), filed by advocate Vishal Tiwari, has also sought directions to set up a special committee to oversee the sanction policy for loans of over Rs 500 crore given to big corporates. Last week, another PIL was filed in the apex court seeking prosecution of short seller Nathan Anderson of US-based firm Hindenburg Research and his associates in India and the US for allegedly exploiting innocent investors and the "artificial crashing" of Adani Group's stock value in the market.
Created over the past 12-15 months, Niti's new Export Preparedness Index flagged the major intra-and inter-regional disparities in export infrastructure, problems in trade support and lack of unique exports as the main challenges hampering export growth.
The Supreme Court has agreed to hear on Friday a plea seeking a direction to the Centre to constitute a committee monitored by a retired apex court judge to inquire and investigate into the Hindenburg Research report which has made a slew of allegations against the business conglomerate led by industrialist Gautam Adani.
Above-normal heatwave days are predicted in most parts of central, east and northwest India during this period.
The increase in stubble burning has kicked off a political slugfest, with Union Environment Minister Bhupender Yadav on Wednesday saying that there had been a 19 per cent rise in farm fires over 2021 in Punjab and that the Aam Aadmi Party had turned the national capital into a gas chamber.
From the Sensex pack, Infosys, HCL Technologies, Infosys, NTPC, Mahindra & Mahindra, Tata Consultancy Services, Nestle, Tech Mahindra and Bajaj Finance were the major gainers. Power Grid, Larsen & Toubro, Maruti, Titan, HDFC Bank, Wipro, HDFC and ITC were among the laggards.
The company also announced $765,000 for Bangalore-based Centre for Budget and Policy Studies, $660,000 for Centre for Policy Research, $1,015,000 for Institute for Finance Management & Research (IFMR) while NGO database information PRS Legislative Research will get $880,000.
Siddaramaiah's anti-urban bias, which he does not bother to hide, may become the Congress government's biggest weakness unless it is corrected.
'Gujarat has a very long tradition of Panchayati Raj. And many of the social sector things we are talking about are actually implemented by the panchayats. Decentralisation exists here. Now to decentralise I need the capacity in the panchayats.In most Indian states, we don't have the capacity in the panchayats, which is why governance in India is so very bad. But Gujarat has had this since the 1960s,' economist Bibek Debroy tells Rediff.com's Sheela Bhatt.
In the first nine months of financial year 2022-23, India's exports of medical devices have grown by 17 per cent, while imports have declined by around 8 per cent, show the latest data compiled by the Association of Indian Medical Device Industry (AiMeD). However, import of 30 medical devices from China has risen between 25 per cent and 152 per cent during this period, the AiMeD has written to Commerce and Industries Minister Piyush Goyal in March. The AiMeD is an umbrella organisation of medical device makers.
An improvement in political relations, anchored in a restoration of peace and tranquillity at the border, could open up opportunities for expanded economic and commercial relations between them, suggests former foreign secretary Ambassador Shyam Saran.
The policy proposes a single-window platform for facilitation of the Indian software product industry, to help fast-track legal and regulatory issues over import and export, as well as setting up and winding up enterprises.
The Centre should privatise all public sector banks (PSBs), except the State Bank of India (SBI). This is because private banks have emerged as a credible alternative to PSBs with substantial market share. Also, government ownership hinders the ability of the Reserve Bank of India (RBI) to regulate the sector, according to a report by the National Council of Applied Economic Research (NCAER).
As the world celebrated International Day of Persons with Disabilities (PwD) on December 3, corporate India has kept up with efforts to make workplaces more inclusive and accessible. Organisations across sectors are taking initiatives such as equipping offices with practical work tools like Braille-friendly and voice-enabled lifts and screen readers. While inclusion has gained pace, only 11.3 per cent (or 3.4 million out of 30 million) Indians with disabilities have jobs.
China on Thursday told Pakistan's new Prime Minister Shehbaz Sharif that it will always put its "all-weather ally" as a priority in its neighbourhood diplomacy as it praised his commitment to promote the USD 60 billion CPEC initiative.
"The policy draft has been approved. The ministry has been renamed as education ministry," a senior HRD ministry official said. The existing NEP was framed in 1986 and revised in 1992. A new education policy was part of the Bharatiya Janata Party's manifesto ahead of the 2014 general election.
One looks upon the coming new year with foreboding as current wars in Ukraine and Gaza spill over and escalate and new ones erupt in incipient fault lines across the world, notes former foreign secretary Shyam Saran.
The further expansion and upgrade of the Chinese military does not augur well for India, which continues to confront an increasingly belligerent China on its borders, notes former foreign secretary Shyam Saran.
Greenwashing is making misleading or false environment-friendly claims about a product. Consumers in India currently do not have any way of telling whether a claim is authentic or greenwashing. And one never hears of action against any company for making false claims of being environment-friendly.
While India should be concerned about disparities, the fact is that whereas three decades ago about half the people had incomes greater than $2.15 a day, today seven out of eight do, notes T N Ninan.
Russia has accused the BBC of "waging an information war" on different fronts -- not only against Moscow, but also against other global centres of power pursuing an independent policy -- days after the British broadcaster released a controversial series on Prime Minister Narendra Modi.
"We have prepared a broad platform where we have assessed the top 50 judges of the country who would be considered for appointment to the Supreme Court of India. We have data on judgments and the quality of judgments. The idea is to make the process of appointment in the Supreme Court more transparent," the CJI said.
India and the US on Friday said they have started talks to put in place a strategic framework for human space flight by year-end as they plan to send an Indian astronaut to the International Space Station in 2024.
Replying to the notice issued, the Central government said that ex-gratia amount cannot be paid due to financial constraints and other factors.
'They have no incentive to be part of either the NDA or INDIA at this stage, but they may hedge their bets towards the winning coalition in the post-poll setting.'
With the insistence on data centres to be onshore, entities in real estate believe there is going to be a rise in demand for specialised Grade-A commercial spaces to set these up.
'The purposes of our document are three-fold: To lay out the opportunities that India enjoys in the international sphere; to identify the challenges it is likely to confront; and to define the broad approach that India should adopt as it works to enhance its strategic autonomy in global circumstances that are likely to remain volatile and uncertain for some time to come.'
One of the chapters in the document titled 'Asian Theatre' has quite elaborate comments on China, and opines that India's China strategy has to strike a careful balance between cooperation and competition, economic and political interests, bilateral and regional contexts. Rediff.com publishes verbatim a part of the chapter 'Asian Theatre'.
China's growth rate may fall to about 8.5 per cent if the European Union crisis deteriorates into a global meltdown.
Officials hint the visit could finally see a formal defence industrial road map being adopted by both nations.
Existing optimism about the capital goods sector has been enhanced by the Assembly election results, which were favourable for the BJP. The prospects of political continuity led to renewed interest in the sector. There are demand-supply gaps, especially in power, and visibility of improved pricing and strong order flows, including from private enterprises.
India can never become a great power unless it assumes hard power status, says national security hawk Bharat Karnad
Indian fintechs and associated entities are hoping that the Union Budget 2024 will provide a boost and empower firms to extend their reach beyond Tier-II regions, with an emphasis on supporting enterprises led by women. The fintech industry, which has witnessed regulatory reforms over the last year, expects the Budget, scheduled to be presented by Finance Minister Nirmala Sitharaman on February 1, will further encourage financial inclusion, empower micro-small-medium enterprises (MSMEs) with lending solutions, and push for upskilling initiatives for the country's young workforce.
The policy proposes a contingency plan to handle cyber attacks on vital installations and critical infrastructure.
The university's academic council in a meeting on Friday had passed a motion for the removal of the chapter titled Modern Indian Political Thought.
Although the BJP has never been ballistic about the BJD and Narendra Modi has avoided being critical of Naveen Patnaik, the BJP is optimistic that the party can improve its electoral fortunes in Odisha on its own, notes Rup Narayan Das.
In a rare initiative, the Centre for Policy Research will launch an event -- NonAlignment 2.0: A Foreign and Strategic Policy for India in the Twenty First Century on February 28 in New Delhi, which will focus on India's strategic affairs.
The MEA said the Grand Mufti appreciated the Prime Minister's leadership in fostering inclusivity and pluralism.
Centre mulls strategy to ensure powers given to the agencies are not misused.
'Modi is still immensely popular and, therefore, he can sustain any number of policy failures.' 'Modi himself has worn multiple faces so it would be naive to think that the Modi of 2021 will be the same Modi that will be campaigning for re-election in 2024.'
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