The government on Friday came out with Foreign Trade Policy (FTP) 2023 which seeks to boost the country's exports to $2 trillion by 2030 by shifting from incentives to remission and entitlement based regime. Unlike the practice of announcing 5-year FTP, the latest policy has no end date and will be updated as and when needed, said Director General of Foreign Trade (DGFT) Santosh Sarangi while briefing media about FTP 2023. Earlier, Commerce and Industry Minister Piyush Goyal unveiled FTP 2023 which will come into effect from April 1, 2023.
With this kind of coinage, the Opposition seems to be readily conceding the point that Modi is taller than all of them put together. So they need something bigger than themselves, collectively or not, to capture the voter imagination when it is about taking on Modi and the BJP in 2024, points out N Sathiya Moorthy.
The Supreme Court on Monday stayed for a week the Centre's order dismissing Satish Chandra Verma, a senior IPS officer who assisted the Central Bureau of Investigation in its probe in the Ishrat Jahan fake encounter case, a month before his scheduled retirement.
'By calling names and using unparliamentary language, they are trying to divert people's attention from the issues of electricity, water, and income.'
Nitish Kumar has again proven that he is a master of the art of changing governments.
Dismissing the accusation, Singh asked why would the state government stop Kejriwal from holding a press conference when he was allowed to hold a party programme a few days back.
Congress general secretary Priyanka Gandhi Vadra on Monday said her party has prepared a separate manifesto for women for the upcoming Uttar Pradesh assembly polls, and promised them free LPG cylinders and travel in government buses if voted to power.
Shuji Nakamura was given only a tiny bonus for his invention and he had to sue to get the money due him.
Never before has the need for creating an ambience for economic policy reforms been as critical as it is now, points out A K Bhattacharya.
Nirmala Sitharaman's messaging was clear when she presented a well-balanced Budget with an eye on state elections in nine states followed by a general election next year, observes Ramesh Menon.
'In the 1971 War my battalion suffered 4 casualties after fighting for 14 days.' 'In Operation Blue Star, I lost 19 men in just one hour.'
India's economic growth slowed down to 4.4 per cent in the third quarter of 2022-23 mainly due to poor performance of the manufacturing sector. In October-December 2021, the economy grew by 11.2 per cent and by 6.3 per cent in the July-September 2022 quarter, according to data released by the National Statistical Office (NSO) on Tuesday.
The AAP leader did not clarify whether 300 units of free electricity will be given per month as Punjab has a two-month billing cycle.
At the end of the day, Stalin expressing solidarity with an arrested colleague is one thing, especially if he too felt that the minister had been wronged, but for him to retain the person in office sets a bad precedent, which would not go unnoticed by voters, points out N Sathiya Moorthy.
'If he were to drop even one nuclear weapon on Europe, it would start a nuclear war that would destroy everybody.'
The proposal to issue new rules has come just six days after the DGCA said it has imposed a fine of Rs 5 lakh on IndiGo airline for denying boarding to a specially abled child at Ranchi airport on May 7.
Gautam Adani's alleged proximity to Narendra Modi may dent the latter's self-styled image of incorruptibility, points out Kanika Datta.
Society of Manufacturers of Electric Vehicle (SMEV) on Thursday said sales of EVs in India fell 20 per cent in the financial year 2020-21 to 236,802 units. In 2019-20 sales of electric vehicles (EVs), including electric two-wheelers (E2W), electric three-wheelers (E3W) and electric four-wheelers (E4W), stood at 295,683 units. For FY21, the E2W segment sales declined by 6 per cent to 143,837 units, as compared to 152,000 units in FY20, SMEV said in a statement, adding that the FY21 E2W sales included 40,836 high-speed and 103,000 low-speed E2W. The E3W segment registered sales of 88,378 units as against 140,683 units sold in FY20.
The intensity of power crisis this season has hit a new high with average coal stock dipping to less than eight days. The first of a pan-Indian series, based on a ground report, shows how the Manesar industrial hub is coping with the challenge. As the scorching heat wave and the lengthy power cuts intensify in Haryana, the usually bustling labour chowk of the Industrial Model Township (IMT) of Manesar wears a deserted look.
Convenor of the Minority Coordination Committee (MCC) Mujahid Nafees issued contempt notices to the officers after some policemen were seen publicly flogging the accused in Undhela village in Kheda on Tuesday.
Some of India's largest companies have seen a slowdown in the growth of temporary, contract and casual jobs, as compared to the increase in their total workforce. The absolute number of such jobs is up 30 per cent between financial year 2017-18 and 2021-22 (FY18-22), shows an analysis of data collated from the annual reports of S&P BSE 100 companies. Forty-eight firms were considered for the final analysis based on the availability of uniform data across the last five years. In comparison, the total workforce numbers are up 36 per cent in the same period.
The Bharatiya Janata Party on Tuesday promised 10-year punishment and Rs 1 lakh fine for those indulging in love jihad if it returns to power in Uttar Pradesh.
Kejriwal said the AAP is not like the Congress and cannot be intimidated by the ruling party.
Ahead of the upcoming Union Budget, Society of Manufacturers of Electric Vehicles (SMEV) has asked Finance Minister Nirmala Sitharaman to either rejig the FAME II scheme or reintroduce FAME I, saying the programme meant to promote EVs in its second avatar has been able to achieve less than 10 per cent of its target. The Rs 10,000-crore FAME-II scheme which is to be implemented over a period of three years, came into effect from April 1, 2019. It is the expanded version of FAME India I (Faster Adoption and Manufacturing of (Hybrid) and Electric Vehicles (FAME) which was launched on April 1, 2015, with a total outlay of Rs 895 crore.
Both are finding it difficult to sell one each of their plants -- Chennai Maraimalai Nagar (Ford) and Talegaon near Pune (GM) -- and are finding the road blocked by employee severance snarl-ups, report Sohini Das and Shine Jacob.
In a good news for the hassled home buyers of Amrapali Group, the Supreme Court on Friday was informed that 11,858 flats will be delivered in 2 to 3 months of which 5, 428 units will be handed over the possession in October. A bench of Chief Justice UU Lalit and Justice Bela M Trivedi was informed by court receiver senior advocate R Venkataramani that in the upcoming festive season next month 5,428 flats which have been completed by the NBCC will be given to the home buyers with electricity and water connection. "We are facing some issues in providing electricity and water connections to the other 6,430 completed flats and once the connections are provided and they receive completion certificates, these units will be handed over to the home buyers in the next two to three months", he said.
The BJP leadership knows it can't boast of governance in the state as the Bommai government has little to show. So, the game plan is to project Modi, who will reiterate how important it is for a state to have the same party ruling in power at the Centre, observes Ramesh Menon.
Congress general secretary and Uttar Pradesh in-charge Priyanka Gandhi Vadra will flag off three Pratigya Yatras from Barabanki on Saturday to take to the people various resolutions adopted by the party ahead of the 2022 assembly elections.
Father of the Indian software industry and the first CEO of Tata Consultancy Services, Faqir Chand Kohli, passed away on Thursday. He was 96 years old.
Since the bankcuptcy law came into effect from December 2016, with every quarter, the recovery rate has progressively been going down, notes Tamal Bandyopadhyay.
After promising 40 per cent tickets to women in the Uttar Pradesh assembly elections next year, Congress leader Priyanka Gandhi Vadra announced on Thursday that all class 12 pass girls will be given a smartphone while all graduate girls will get an electric scooty if her party forms a government in the state.
Trump has roped in Army Corps of Engineers to build hospitals all over the country, activated the ready reserve components of the Armed Forces and invoked the Defense Production Act to compel General Motors to accept, perform and prioritise federal contracts for ventilators.
With this, the biggest buyer of Airbus SE A320neo planes seems to be moving away from Pratt & Whitney engines, which have been experiencing glitches. CFM International will deliver the first engine by 2020.
Two Indian seafarers stranded without passports on a cargo ship in Iran's port city of Bushehr since 2019, have been released after the Indian embassy in Teheran issued travel documents, the Maritime Union of India (MUI) said on Friday. The claim made by the MUI could not be independently verified.
Political parties and individuals cannot be prevented from making poll promises aimed at fulfilling the constitutional mandate and the term 'freebie' should not be confused with genuine welfare measures, the Supreme Court said on Wednesday.
The promoter-brothers, distant cousins to IndiGo's Rahul Bhatia, are eyeing Air India's ground handling subsidiary to augment their aviation services business even as they make a big play in EVs.
Pilot's demand to order a probe and take action in the alleged mining scam during the previous BJP government and other corruption allegations was supported by state cabinet minister Pratap Singh Khachariyawas.
The bench said it has to balance the equity and it was not against any policy of the government or the scheme.
The fire in the ICU of a hospital in Maharashtra's Ahmednagar district is one more in a series of devastating blazes in the state, claiming lives of coronavirus patients.
EV players suggest a reduction in the goods and services tax on batteries from 18 to 5 per cent as it would help push demand.
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