The finance ministry on Monday said it will transfer Rs 6,000 crore as the second tranche of GST compensation shortfall to 16 states and 3 Union Territories -- including Maharashtra, Bihar, Assam, Puducherry and Delhi. The Centre had on October 23 transferred Rs 6,000 crore to 16 states and 2 UTs of Delhi and Jammu and Kashmir. In the second tranche of transfer, Union Territory of Puducherry has been included.
Financials were the top losers while oil shares also declined amid weak crude oil prices.
'Antony and I have been friends for over half a century, and I know the man does not tell lies. The problem is that what he believes to be the truth might not actually be true. He may believe that India needs the Congress, and that the Congress in turn needs the Nehru-Gandhi family, but that does not mean that India shares those articles of faith,' says T V R Shenoy.
It was 55.3 per cent for the same period last year, and data shows the fiscal deficit for April-May was kept in reasonable check in spite of heavy frontloading of expenditure.
There are actually great similarities between the two PM
NSO has pegged economic growth at 5 per cent in 2019-20 in its second advance estimates.
MCA portal clocks 5 mn views in 8 months; ministry to integrate company records portal with DGFT, I-T dept this year
BJP's success in two state elections gave Modi room to cut through a thicket of regulations and state controls.
Since January this year, Indian exporters have begun to dread the shipping news. That's because most of it would be about another lot of shipping companies deciding to avoid Indian ports on account of delays.
Barack Obama, who will be the first US president to be the chief guest at the Republic Day celebrations, will have a loaded itinerary with engagements ranging from political to economic and academic during his three-day trip beginning Sunday that will culminate with a visit to iconic Taj Mahal.
Merger of the three key ministries is expected to help in removing the hurdles in these areas.
CBI has also named unknown officials of the union environment ministry in the PE.
The target is called Intended Nationally Determined Contributions.
Import segments which recorded negative growth include gold, silver, transport equipment, coal, fertiliser, machinery and machine tools. However, exports of oil seeds, coffee, rice, tobacco, spices, pharma, and chemicals reported positive growth in June.
PlanCom makes presentation with secretaries of key ministries in tow.
From Kudankulam to the Land Bill, the author takes the Twitter route to capture the infra action of 2013.
BC Tripathi, who helms India's largest natural gas marketer and transporter -- GAIL, discusses last-mile connectivity to homes with Jyoti Mukul and Shine Jacob.
Index heavyweights Reliance Industries, HDFC and Infosys were the top Sensex gainers.
Budget is widely seen as a test of Prime Minister Narendra Modi.
Electricity generation has outperformed the industrial production index for five months in a row this financial year, even as the broader economy is struggling to grow.
A series of steps taken by the government to promote ease of doing business and liberalisation of foreign direct investment norms have helped India receive record FDI inflows so far this year, and implementation of measures like PM Gati Shakti, single window clearance and GIS-mapped land bank are expected to further push investments in 2022. Notwithstanding the global slowdown and the COVID-19 pandemic, total foreign direct investments into India rose to a record $81.72 billion in 2020-21. During April-July this fiscal, FDI (foreign direct investment) into the country increased by 62 per cent to $27.37 billion.
As Prime Minister Narendra Modi arrived in New York on Friday on a five-day US visit, he was greeted with 'Har Har Modi' slogan.
The murder of Atiq and his brother and the police encounter with his son have raised many questions about the propriety of how crime is tackled by the Yogi government. But Yogi knows he has the support of the people who are fed up with crime holding the state to ransom for decades, asserts Ramesh Menon.
Dharmendra Pradhan, Mukhtar Abbas Naqvi, Nirmala Sitharaman and Piyush Goyal have been elevated to Cabinet ministers.
Contrary to the popular belief that the IAS cadres manage the country - they are actually required to manage politicians, most of whom do not pass any sort of muster, says T C A Srinivasa-Raghavan.
The average rating was seven out of 10.
The highest water-use efficiency of more than $ 50 per cubic metre is in Oceania, Australia, New Zealand, Singapore, Israel, Denmark, Finland, and Great Britain while the lowest is in Central and South Asia, including India, at less than $ 10 per cubic metre.
NTPC has vowed to raise the amount of energy it generates from renewable resources
The Centre will soon announce a power tariff policy to ensure that states have a uniform approach towards fixing electricity tariff, Power Secretary R V Shahi said on Tuesday.\n\n\n\n
India remains North Korea's 2nd-largest import source after China, according to several estimates by multilateral bodies, says Subhayan Chakraborty.
RBI Governor Shaktikanta Das and Finance Secretary Subhash Chandra Garg are also expected to attend the meetings.
The growth of eight core sectors slowed down to 2.6 per cent in August mainly due to contraction in steel output.
The NSE 50-share Nifty also closed higher by 61.60 points, or 0.59 per cent, at 10,504.80 after shuttling between 10,513 and 10,441.45.
In the Sensex kitty on Wednesday, Tata Motors emerged as the top loser falling 3.01 per cent, followed by Vedanta shedding 2.92 per cent. Other laggards include HUL, Kotak Bank, NTPC, Infosys, HDFC Bank, Bajaj Finance, Hero MotoCorp, ICICI Bank, Yes Bank, HDFC, IndusInd Bank and PowerGrid, falling up to 1.77 per cent.
Here comes the moment of truth. Modi prides himself on offering an "incorruptible" government. Will he dilute the Prevention of Corruption (Amendment) Bill to coax the administration's fealty and compromise his self-image?
India, the bank's second biggest shareholder after China, is looking to borrow from the AIIB.
Sharp fall in capital goods production and manufacturing activity also dented sentiments.
Sluggish infrastructure sector growth would also have impact on IIP as these segments account for about 41 per cent of the total factory output.
The earlier government was blamed for non-performance, the current one will be rightfully blamed for mismanagement
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