Private carrier Air India on Monday announced placing an order to purchase 100 more Airbus aircraft, comprising 10 wide-body A350 and 90 narrow-body A320 family aircraft including A321neo.
Sudha and Akshata Murthy's candid confessions about each other.
'A lot of people are famous. But for how long will you be there?' 'It changes after every three days of release, Friday, Saturday, Sunday.'
'By his words, actions, and body language during their joint press appearance wanted to convey his personal respect and, more broadly, his desire to work closely with India.'
India's economy is likely to grow by 6.5 per cent in the current and the next financial year, an EY report said, attributing lower than anticipated expansion in the September quarter to fall in private consumption expenditure and gross fixed capital formation. Real GDP growth eased to a seven-quarter low of 5.4 per cent in July-September -- the second quarter of the current 2024-25 fiscal year.
Given the high priority accorded to the manufacturing sector, several policy initiatives around the theme of Atmanirbhar Bharat have been set in motion to address its competitiveness and growth. Some notable examples include the PLI scheme and the employment-linked incentive scheme announced in the recent Union Budget. The Budget also announced the setting up of 12 industrial parks under the National Industrial Corridor Development Programme (NICDP).
'We have reached 70 million monthly active users during this festival season, which is another great milestone for us.'
Asia's richest man Mukesh Ambani on Thursday said his oil-to-telecom-and-retail conglomerate is not seeking short-term profit but is in the business of creating wealth for the nation. Speaking at the company's annual shareholder meeting, he said all businesses of Reliance Industries Ltd continue to be key drivers of the Indian economy and have become a success story. "We are not in the business of pursuing short-term profit and hoarding wealth. "We are in the business of creating wealth for India," he said.
The growing decline of MTech applicants in Indian colleges is due to multiple factors, including outdated curricula, poor return on investment and lucrative non-engineering alternatives, say experts.
Four-time NBA champion LeBron James will be Team USA's male flag bearer at the opening ceremony of the Paris Olympics on July 26, the American team said on Monday.
The US said that the Lashkar-e-Tayiba, which so far had focused primarily on India, is having global aspirations and has spread its tentacles beyond Pakistan and Afghanistan, as manifested by the David Headley case. "Generally, LeT was east focused on India. They're now in the west. Actually, they're not just in the west, focused on Pakistan. There are LeT elements focused on Afghanistan," Admiral Mike Mullen, Chairman of the Joint Chiefs of Staff has said.
Union Finance Minister Nirmala Sitharaman on Monday said people are finding current interest rates "very stressful" and urged banks to make them affordable. Speaking at an event organised by State Bank of India, the finance minister said that at present, India requires industry to ramp up and invest in new facilities, and added that lowering lending rates can help achieve the "Viksit Bharat" aspiration.
Around 7.4 per cent of Indians aged 60 and above are affected by dementia. This number is expected to rise from the current 8.8 million to 17 million by 2036, marking a 97 per cent increase.
The Opposition had promised to scrap the Dharavi redevelopment project if it came to power. With the Mahayuti's massive mandate in the Maharashtra assembly election, that prospect has been laid to rest.
Will it be Noel Tata, Ratan Tata's half brother?
India House aims to elevate the performances of Indian athletes, support the national sports federations, and build the credentials of India as a global sporting nation, with an aspiration to host the Olympic Games in the future.
'The jury panel said that my collection should not be limited to a college fashion show; it had much more potential. They encouraged me to sign up for the annual National Designer Awards organised by the World Designing Forum.'
Research and development (R&D) spending by BSE 100 companies has grown steadily, rising from 0.89 per cent of revenue in FY20 to 1.32 per cent in FY24, averaging around 1 per cent over the period in-between, according to data compiled from Bloomberg and company annual reports. Also, these companies more than doubled their R&D spending in absolute terms over these five years: From Rs 25,041 crore to Rs 63,072 crore. While this reflects a prioritisation of innovation, corporate R&D investment remains relatively conservative.
World Athletics boss Sebastian Coe is quite aware that cricket is nothing short of "religion" in India but he feels it shouldn't be viewed as a "roadblock" for other sports
Prime Minister Narendra Modi on Thursday said a country can aim for high achievements only if it has a big vision and asserted that technology upgradation should be to empower the poor. Speaking after launching via video link three PARAM Rudra supercomputers, developed indigenously under National Supercomputing Mission, Modi asserted that today's India is carving new opportunities in the infinite sky of possibilities. Modi said his government has taken steps to ensure research in technology benefits the common man.
From attractive EMIs to assured buyback guarantees, luxury carmakers have lined up a slew of offers to woo customers this festival season to address dwindling sales amid rising inventories.
'The noise that we are hearing is because the five big IT players are not hiring significantly.'
China on Thursday said the meeting between Prime Minister Narendra Modi and Chinese President Xi Jinping in Russia's Kazan on Wednesday carries a "great significance" as they reached an "important common understandings" to improve the bilateral ties.
Indian athletes accorded grand send-off ahead of Paralympics Games
The outlook for India's financial sector appears bright, but it needs to brace for likely vulnerabilities, said Economic Survey 2023-24 tabled in Parliament on Monday. The Indian financial sector is at a "turnpike moment", it said, adding that the dominance of banking support to credit is being reduced, and the role of capital markets is rising. For a country that aspires to be a developed nation by 2047, this is a long-awaited and welcome development, it said.
The President congratulated the people of Jammu and Kashmir for the high voter turnout recorded in the union territory in the recent Lok Sabha elections and lauded the Election Commission for holding the world's biggest democratic exercise.
The Indian economy recovered from the Covid-induced downturn during 2022 and is poised for further improvement in the coming quarters though downside risks emanating from geopolitical tensions, strengthening dollar and elevated inflation will continue. The positive trajectory in the growth trend and improved fundamentals will help the nation in neutralising the impact of global headwinds which are expected to have a bearing on the country's exports in the months to come. The challenges before the government and the Reserve Bank in the new year would be to arrest inflation, check declining value of rupee against US dollar and promote private investment and growth, with a view to ensure that the country remains one the fastest growing major economies of the world.
Households are likely to remain the primary net lenders to the economy in the coming decades.
US's terrible political and economic leadership will ultimately cost the dollar its value. India must act early to avoid being dragged down, suggests R Jagannathan.
The gradual recovery of the markets from the recent global recession promises more opportunities for aspiring pilots in the aviation industry, a top official of US-based Delta Flight School said in Chennai on Friday.
The rise of startups and a thriving entrepreneurial culture in Tier-II and Tier-III cities is contributing to the increasing sales of high-end cars.
Pant's batting lacked its usual spark. While his 44 runs off 35 balls hinted at his talent, fluency and explosiveness were noticeably absent.
This is the first conversation between Modi and Yunus after he assumed the responsibility following the fall of the Sheikh Hasina-led government.
'Kiran ma'am, Aamir sir and my lovely audience have given us wings to fly internationally.'
'Ratan had the quality that JRD and Russi Mody had -- they could walk with kings and never lose the common touch.'
'China is struggling to get out of its property bubble.' 'Japan took 35 years to walk out of its equity bubble.' 'Bubbles can be difficult to forecast.'
The Indian-American presidential aspirant also said that New Delhi has played smart in the current global situation and stayed close with Russia.
Kamala Harris used her forceful presidential acceptance speech to present herself as a leader who could unite the country to chart a 'new way forward' and warned Americans of 'extremely serious' consequences of putting her Republican rival Donald Trump back in the White House.
'That is a significant milestone for us and something we aspired for.'
'As the trial gets closer for Nikhil Gupta, they're going to want to make sure that he doesn't talk.' 'And they're going to put pressure on Mr Gupta to make some deal where the evidence doesn't come out.'