'From environmental impact assessment to forest clearances, this has turned out to be an unscientific road-widening project with catastrophic consequences.'
"U-turn minister" Parrikar had publicly promised, when he was chief minister three years ago, that no more Goa land would be handed over to the Centre.
The gauge for the performance of informational technology (IT) stocks soared nearly 5 per cent-most in nearly three years-as growth worries eased following a robust order book posted by bellwether Tata Consultancy Services (TCS). The Nifty IT index rose 4.5 per cent to close at 30,945. This was the biggest single-day gain since September 14, 2020. Industry titan TCS' shares rose 5 per cent to Rs 3,509.
Although the markets could see a knee-jerk reaction, they rule out a sharp fall.
'India has always been a bottom-up stock-picking market, and as growth recovers with higher liquidity, mid and small-caps always tend to outperform.'
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.
11 sectors to have credit exposure to environmental risks in next five years.
The Indian office real estate market, which had recovered significantly in early 2022, began to slow down in the latter half due to macroeconomic problems in the developed world. Rental yields are likely to be stable at best in FY24.
rediffGURU Kanchan Rai, founder Let Us Talk, offers advice on how to navigate problems in a relationship.
After raising interest rate by a cumulative 250 basis points in 11 months, the Reserve Bank of India (RBI) on Thursday unexpectedly kept benchmark rate unchanged as global banking woes added uncertainty to the economic outlook. Five out of six members of MPC voted to remain focused on the withdrawal of accommodation to ensure inflation aligns with target while focusing on growth, RBI Governor Shaktikanta Das said on Thursday. The Monetary Policy Committee of the central bank decided to take a pause after a rate hike seen in previous six consecutive policies.
'They have since only tried to improve systems. Also, with regulatory guidance from time to time, we are in a position to assess a situation and react in time.'
The world needs to wake up to this new dimension of war at sea and be prepared to face the 'unknown enemy' who have the advantage of attacking at their choice of location and time, cautions Commodore Venugopal Menon (retd).
BJP, AIADMK oppose the project while DMK and CPI(M) support the Sethusamudram shipping project across the Palk Strait. T E Narasimhan reports
The overall Air Quality Index (AQI) of Delhi stood at 398 at 11 am, worsening from 357 at 4 pm on Friday. It was 354 on Thursday, 271 on Wednesday, 302 on Tuesday and 312 on Monday (Diwali).
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Moody's became the first rating agency to retain the sovereign rating of Baa3 for the country after the rupee dived below 63 to the dollar, on Monday.
The project involves development of a military-civil, dual-use airport; international container trans-shipment terminal; a gas, diesel, and solar-based power plant, and a township.
The company plans to raise Rs 750 crore; other realtors may follow.
The challenge for the RBI in 2024 is likely to be less about containing elevated inflation and more about curbing excessive financial market exuberance and a 'problem of plenty', notes Sajjid Chinoy, Chief India Economist JP Morgan.
The report said that Pakistan also plans to lodge a complaint against India at the United Nations, accusing New Delhi of "eco-terrorism".
'Which one of us would give up our flats for development?' 'We insist that others, who are unwilling but weak, make all the sacrifices on our behalf and then we are puzzled when there is violence against the State,' says Aakar Patel.
'If the authorities go about completing this project the way they have proposed, this is going to cause a HUGE environmental impact not only on Malabar Hill but also on the rest of the city.'
'Today, environment has become an issue of political debate. It has become a media issue. I think that is a good development.'
'The 100-metre stretch from the opening of this tunnel is completely flooded with debris; the oxygen supply (through the pipes) too had gotten over and the chances of any survivors inside this tunnel are very bleak. Nobody has been able to talk to the people trapped inside'
Almost each of these companies has a different technology to show for the effectiveness against microbes.
'Valuations are very attractive, and most companies are cash-rich with strong dividend yields.'
The Islamabad Declaration was issued at the conclusion of the 48th session of the foreign minister of the Organisation of Islamic Cooperation which was attended by the ministers and delegates from 57 Muslim states and international organisations.
The petitioners challenged the reclamation and construction work for the project on the primary ground that it will result in damage to the coastline and destroy major marine life along the coast and livelihood of the fishermen.
India's dream to be in the forefront of international politics has come true. India has placed itself firmly as a major player in the shaping of a new world order, observes Ambassador T P Sreenivasan.
'Everyone's favourite show Mirzapur is returning with a third season in which I am reprising my role as Beena Tripathi.'
'It is a sign of a bigger problem which is coming in the next six months.'
Having a single point KYC that is automatically used across all financial and non-financial entities is a single piece of reform that should be an easy win to achieve, points out Harsh Roongta.
'RBI is already late in addressing inflation pressures.'
'If you want it to grow well and serve the true needs of the economy, it needs a lot of freedom and flexibility, which comes in terms of the reform objective set by the regulator.'
The Uttar Pradesh government on Wednesday reluctantly admitted before the National Green Tribunal that illegal sand mining was going on in the state and not even a single environmental clearance had been granted for it in Gautam Budh Nagar district.
The Genetic Engineering Appraisal Committee (GEAC) has recommended the environmental release of the genetically modified (GM) mustard variety DMH (Dhara Mustard Hybrid)-11, paving the way for the commercialisation of the country's first GM food crop. The GEAC said the recommendation was valid for four years from the date the approval letter was issued. Further studies and coordinated trials will have to be conducted jointly with the Indian Council of Agriculture Research (ICAR) within two years, according to the minutes of the GEAC meeting held on October 18, which was released on Wednesday.
Acknowledging a job well done can go a long way especially for professionals who are the driving force behind an enterprise's business operations, notes Vijay Gupta, director-global human resources at Rahi, a tech solutions provider.
The proposed changes, as per the draft, could continue some of the existing conflict between wildlife protection regulations with the implementation of Forest Rights Act, 2006, which gives rights to tribals in all kinds of traditional forest lands -- including the wildlife zones, such as national parks. The new proposed law, just as the original one from 1972, does not explicitly recognise these rights in all wildlife areas.
'Events like the one we saw on Sunday are complex geological processes which can be impacted by weather and climatic conditions.' 'It is difficult to attribute something like this to just one factor or to a particular time period, especially when we have still not understood the exact cause.'
'Why should our government opt for unproven technology that has been rejected by most countries across the globe?' 'Being dependent on any other nation to supply you seed for your good crops is another form of slavery.'
Yes, India needs desperate measures to kick-start growth. But selling off its lungs to the highest bidder to hack away cannot be the way out, says Sumit Bhattacharya.
