Govt has already approached World Bank seeking termination of contract. The progress of the project was just 20 per cent though the contract was awarded in 2016.
'Finally the nightmare is over. Following the decision by the Court of Arbitration for Sport, I can look forward to the day when I can follow my dreams again.'
'Each state is unique, but when it comes to finance, the fundamentals cannot be different.'
The Indian Air Force (IAF) has seen a reduction in fighter squadrons due to the phasing out of ageing MiG-21, MiG-23 and MiG-27 aircraft. The Parliamentary Standing Committee on Defence acknowledged the "shortage" and highlighted the multi-pronged approach being taken to address it. This includes the induction of indigenous Tejas fighters and the procurement of additional LCA Mk-1A aircraft. The report also addresses concerns over "incidences of spying" within the IAF and details the action taken against those involved.
'I've had a 10-and-a-half year journey behind the camera and people don't know who I am.'
The Delhi Police on Friday filed a first information report (FIR) under sections related to death by negligence after the collapse of the roof of Delhi airport's Terminal-1 killed one person and injured six others.
India's economy grew by 1.6 per cent in the fourth quarter of 2020-21, restricting the full-year contraction to 7.3 per cent, official data showed on Monday. The fourth quarter growth was better than the 0.5 per cent expansion in the previous October-December quarter of 2020-21. The gross domestic product (GDP) had expanded by 3 per cent in the corresponding January-March period of 2019-20, according to data released by the National Statistical Office (NSO).
'Rather than cutting and pasting from advanced economies, we should use basic economic principles to think about what is right for India at the stage of development at which we are,' says Chief Economic Advisor Krishnamurthy Subramanian.
India's e-commerce market alone is projected to reach $200 billion by 2026, making it a prime industry for ambitious entrepreneurs, explains rediffGURU Harsh Bharwani.
"Less than two week back, we faced a set of allegations from the US about compliance practices. This is not the first time we have faced such challenges. What I can tell you is that every attack makes us stronger," he said addressing the 51st Gems and Jewellery Award in Jaipur.
India's GDP is estimated to contract by a record 7.7 per cent during 2020-21 as the COVID-19 pandemic severely hit the key manufacturing and services segments, as per government projections released on Thursday. Amid overall decline in economic activities, some respite was provided by the agriculture sector and utility services like power and gas supply, which have been projected to post positive growth during the current fiscal ending March 2021.
L&T, Ircon International and Tata Projects have showed interest in a tender issued by the National High Speed Rail Corporation, implementing agency for the project. The tender is for construction of stations, bridges, viaducts, maintenance depots and tunnels.
The Tokyo Olympics had originally been scheduled for 2020 but were postponed by a year because of the pandemic.
SpaceX launched a reduced two-man crew to the International Space Station on Saturday, carrying supplies and two empty seats for Starliner astronauts awaiting a return home in February after an unplanned eight-and-a-half-month stay in orbit, CBS News reported.
The airport, which will now be built to handle 20 million passengers, will likely start operations by mid-2020. However, rating agency CRISIL in its report in May-end had said operations are expected to start in 2023.
Here is all the info one needs about the Paris 2024 Olympics: the dates, the venues, the opening ceremony, new sports and security issues.
The SOP said priority will be given to compelling cases of in distress, including migrant workers and labourers who have been laid off, short term visa holders faced with expiry of visas, persons with medical emergency/ pregnant women and elderly persons or those required to return to India due to death of family member, and students.
Structural reforms, pro-people programmes and employment opportunities helped the economy get new vigour, the finance minister said. After contracting by 5.8 per cent in 2020-21, the economy recorded a growth of 9.1 per cent in 2021-22.
How will Russian athletes be cleared to compete at Paris 2024?
However, the growth during the next financial year would be higher at 8.1 per cent in case of a second wave of the coronavirus and bit slower at 7.9 per cent if the virus recedes and remains under control.
It was the summer of 2006 (May 18). Writers' Building, then the state secretariat, was buzzing with journalists. The event marked the start of Buddhadeb Bhattacharjee's second term as chief minister. And in style, it got off with West Bengal bagging the small car plant, Nano.
Chief Economic Advisor Krishnamurthy Subramanian said India's economy will witness a decline in the current fiscal, but the drop will be limited if there is an economic recovery in the October-March period.
https://www.rediff.com/business/report/quality-control-orders-what-does-this-mean-for-domestic-industry/20240425.htm
Most of the pharma units are failing in documentation, and validation processes, and many don't have full-fledged quality control laboratories.
Surat police commissioner Anupam Singh Gehlot identified the arrested accused as Maulvi Sohel Abubakr Timol (27), who worked at a thread factory as a manager and offered private tuition on Islam to Muslim children.
The CBI, in its FIR, alleged that Mayaram, the UK-based company De La Rue International Ltd and unidentified officials of the finance ministry and RBI hatched a criminal conspiracy to extend undue favour to the firm.
IRG will provide four CFL bulbs to each house in railway residential colonies free of cost and earn carbon credits by registering itself with the UN Framework Convention on Climate Change under Clean Development Mechanism project.
IMG Models, the agency behind most supermodels & Hollywood stars, to represent the Bollywood star.
'A separate 'Investigation Agency (Other Offences)' or IA(OO), can be created under the state governments, with the expertise and resources required for investigating non-violent offences,' recommends Alok Tiwari, a Cabinet Secretariat officer.
You can sense the beauty business licking its lips. In rapidly ageing affluent societies the search for eternal youth has been a goldmine for the purveyors of anti-ageing creams, hair dyes, botox treatments and plastic surgeons -- and that includes India, asserts Kanika Datta.
'Isn't it obvious? Do you have a doubt? There is so much data that shows that there is quid pro quo.' 'There are many instances of donations being given after the raids, donations being given before the award of a contract and many other permutations and combinations.'
A remarkable story which helped in transforming a bureaucratic organization, to a customer centric organization. This experience may inspire several government / private organizations to modify or adopt digitisation to transform their business, notes Professor N Ravichandran (retd).
In a televised address to the nation on Monday, Putin said that since the start of the events, steps were taken on his orders to avoid large-scale bloodshed, as he thanked the Russians for endurance and support.
The Delhi high court (HC) division Bench on Thursday sought a response from Reliance Industries (RIL) and others regarding the government's appeal against the Mukesh Ambani-owned conglomerate and others for fraudulently and unjustly enriching themselves by draining gas from their deposits, amounting to over $1.5 billion. The Centre had appealed against the single-judge Bench order of the Delhi HC on May 9, which had dismissed its petition. Justice Anup Jairam Bhambhani had upheld the international arbitration award of July 24, 2018, in favour of the RIL-led consortium. The consortium includes UK-based BP Plc and Niko Resources of Canada.
Ex-ISRO chairman G Madhavan Nair said the scientists at space agency have achieved this historic success by getting a salary one-fifth of the scientists in the developed world.
'T20 isn't the killer. The T20 format is good for the game.' 'The majority of international cricketers still value Test cricket.'
As India and the United States are set to begin negotiations on two transformational deals -- Security of Supply Arrangement (SOSA) and Reciprocal Defence Procurement Agreement (RDP) -- the Pentagon has said that the defence industries of the two nations will come together once the negotiations conclude.
An international tribunal has ruled that the Indian government had acted "unfairly" and "inequitably" in annulling a contract between Devas and ISRO's commercial arm Antrix.
Trinamool Congress MP Mahua Moitra on Wednesday wrote to Lok Sabha Speaker Om Birla flagging alerts received by several opposition leaders about 'state-sponsored' attacks on their iPhones, and urged him to provide them protection to continue doing their duties.