Former deputy chief minister Sachin Pilot on Tuesday alleged that the Bharatiya Janata Party government at the Centre had 'failed in every field' and claimed if the Congress wins in upcoming state elections, then the Indian National Developmental Inclusive Alliance (INDIA) will form a coalition government in 2024.
Maharashtra deputy Chief Minister Devendra Fadnavis, who also holds the energy portfolio, held a meeting with trade union representatives and later said the government had no intention to privatise state-run power utilities.
It was a simple 100-watt light bulb that provided much-needed heat to a newborn girl who was found stuck inside a cold borewell in Odisha, before she was rescued safely in an over five-hour-long operation on a winter night.
The improving outlook for the power sector has caught the interest of dividend yield funds. In the first four months of the current financial year (2023-24, or FY24), five of the six largest dividend yield funds have shown a notable increase in their exposure to stocks within the power sector. Some have even introduced new stocks to their portfolios.
Investors may take a 5 to 10 per cent exposure to silver. 'Have a long-term investment horizon when investing in silver ETFs to ride out short-term market fluctuations.'
'The UK is more of a structural problem, and that's why we're doing the restructuring.'
Funding winter and corporate governance woes separated the men from the boys in the country's startup space in 2023 that saw funds into the segment tapering to just around $8 billion. All said, investors are hopeful of strong growth of the maturing startup ecosystem in the new year. Edtech and health tech segments that grew exponentially during the pandemic plunged into an abyss of financial uncertainties, with several firms shuttering their business, and valuation of prominent players like BYJU'S and PharmEasy plummeting 85-90 per cent.
HAL is working closely with GE to develop the LCA's export potential.
The Haryana Police on Wednesday fired tear gas shells to disperse farmers from Punjab at Shambhu and Khanauri border points as they tried to move towards barricades stalling their protest march to Delhi.
Coal India Limited's (CIL) October-December quarter of financial year 2023-24 (Q3FY24) results have beaten the Street's estimates. Revenue rose 3 per cent year-on-year (Y-o-Y) to Rs 36,200 crore, led by higher volumes and better realisation from Fuel-Supply Agreement (FSA) coal. The blended average selling price (ASP) was down 6 per cent Y-o-Y to Rs 1,727 per tonne, and the FSA ASP was up 3 per cent Y-o-Y to Rs 1,532 per tonne.
The Jordanian-drafted resolution did not make any mention of the militant group Hamas, with the US expressing outrage at the "omission".
Experts recommend awaiting the findings of the 2021 Census, which is yet to be conducted, before introducing population control policies.
'Elections are fought to win.' 'In our party, the leadership takes the final decision, and our leaders are very clear about it.'
South Korean auto giant Hyundai Motor Company is considering tax implications of listing its Indian unit before taking a final call, according to sources privy to the development. Hyundai Motor is mulling an initial public offering (IPO) for its Indian arm to raise around $3 billion (at a valuation of up to $30 billion), and talks are in the early stages between the company and bankers, banking sources revealed. Hyundai Motor India Ltd (HMIL), however, declined to comment on the development.
United Nations chief Antonio Guterres has called on Hamas to immediately release all hostages without conditions and urged Israel to allow rapid and unimpeded access to humanitarian aid for civilians in the Gaza Strip.
According to IMD, the cyclonic storm weakened into a 'deep depression' at 11:30 pm on Friday over Southeast Pakistan.
From the resurrected cash-for-votes scandal to a rigged process favouring four foreign vendors -- and from new safety concerns to the special legislation that caps the foreign suppliers' accident liability by burdening the Indian taxpayer -- the nuclear deal's future looks more troubled than ever, says Brahma Chellaney.
Police on Friday used tear gas to disperse Haryana farmers heading towards Khanauri on Punjab's border with the state where farmers, mostly from Punjab, have been camping since last week after their 'Delhi Chalo' march was halted by security forces.
Wrapping up his four-day state visit to the US, Prime Minister Narendra Modi on Friday asserted that a new and proud journey of India-US ties has begun and the world is watching the two great democracies strengthening their bond.
Mumbai's iconic red double-decker buses, which have been an integral part of the city's public transport system for more than eight decades, will go off the streets this week, an official from the Brihanmumbai Electricity Supply and Transport (BEST) Undertaking said on Tuesday.
Finance Minister Nirmala Sitharaman on Thursday announced a Rs 11.11 lakh crore spending on infrastructure and vowed to continue reforms as she resisted resorting to populist measures in Modi government's last Budget before general elections, instead choosing to stay on the path of cutting deficit while bolstering measures for focus groups.
'You are one of the drops that make that ocean, but when you leave it makes no difference to the ocean.'
Seeking to make inroads in Chhattisgarh, Aam Aadmi Party leader Arvind Kejriwal on Saturday announced 10 'guarantees' for the upcoming assembly polls in the Congress-ruled state including free electricity, monthly 'samman rashi' for women and Rs 3,000 monthly allowance for the unemployed.
The annual study by Hay Group, in partnership with Bloomberg BusinessWeek.com, ranked the best companies for leadership globally and examined how those companies develop leaders.
India does not have the facilities needed for developing advanced aerospace products. There is only one wind tunnel in the country, the almost six decade old one in the National Aeronautics Laboratory.
Managing expectations lies at the core of economic governance in a modern economy.
The facility would focus on equipment for the energy sector, besides aviation and health areas.
Notwithstanding concerns about lofty valuations, smallcaps recorded their most significant monthly gain in nearly three years in November. The National Stock Exchange Nifty Smallcap 100 finished the month with a 12 per cent gain, the most since February 2021 when it rose by 12.2 per cent. After declining by 4.1 per cent in the preceding month, the Nifty Midcap 100 rose by 10.4 per cent, the most since July 2022.
In India, GE expects to grow its business by 20-30 per cent this year. It aims to increase its energy business in the renewable energy segment to $250 million in 2012-13, from $100 million this year.
The real value of the Tejas Mark 1 is the role it will now play in the development of India's next generation of fighter aircraft that will be more technologically advanced and lethal.
BHEL's first gas turbine in Libya commissioned
At the request of the Indian Government, the US on Saturday rushed a team of top investigators to India to assist authorities there to probe the Mangalore plane crash.
A 21-year-old farmer was killed and a few others injured following a clash between security personnel and protesting farmers at Khanauri on the Punjab-Haryana border.
It's all eyes on the consumer durables sector during the festival season after a weak Q1FY24 and Q2FY24 was impacted by an erratic monsoon. Traditionally, this period sees the highest number of purchases. Dealers and manufacturers are complaining about low business-to-consumer (B2C) off-take during the first half.
Coming to the rescue of the critically endangered great Indian bustard (GIB), the Supreme Court on Wednesday mooted the idea of launching 'Project GIB' on the lines of 'Project Tiger', which was started in 1973 to save the big cats, and sought the government's view on the proposal.
Europe has an edge over the US in the tightly-fought contest to sell India a next-generation engine for the homegrown Tejas light combat aircraft (LCA).
After a spike in crude oil and gas prices in October following the Hamas terror attack, prices eased down 9 per cent month-on-month in November. The Organization of the Petroleum Exporting Countries (Opec) and Opec+ agreed to a further voluntary production cut in January-March 2024 to try and support global crude prices. The best guess here is that crude prices (currently at $75/barrel, or bbl) will not likely cross significantly above $80, and gas prices are also likely to remain subdued unless there's a further escalation in the Israel-Hamas conflict.
Automobile manufacturers are likely to report strong numbers for the September quarter of Financial Year 2023-24 (Q2 FY24), riding on growth across segments and offset by a marginal drop in overall two-wheeler (2W) volumes. Higher average selling price (ASP) year-on-year (YoY), which was necessitated by price hikes taken by original equipment manufacturers (OEMs), and an improved product mix will also aid revenues and margins. Moreover, commodity prices are down on a YoY basis, leading to higher margins in earnings before interest, taxes, depreciation and amortisation (Ebitda).
