'Assam Rifles have prevented a large number of genocides and killings.'
While the corporate sector has benefited from massive capital expenditure, leading to sky-rocketing stock prices, investors would do well to keep an eye on the macroeconomic picture and government finances, not just corporate profits, for signs of trouble, alerts Debashis Basu.
The key platforms that India has been exporting are Dornier-228 aircraft, 155 mm Advanced Towed Artillery Guns (ATAGs), Brahmos missiles, Akash missile system, radars, mine protected vehicles, armoured vehicles, Pinaka rockets and launchers, ammunition, thermal imagers and various components of avionics and small arms.
Dual methodology for e-auction to introduce price ceiling for power sector
Way before the rains arrived at Talwandi Sabo Power plant in Punjab, the one check the coal ministry was carrying out was the availability of coal stock with the generator. Talwandi Sabo Power Limited (TSPL), the 1,980-Mw thermal power plant of Sterlite Energy, part of the Vedanta Group, which supplies about 15 per cent of Punjab's power, is one of the most difficult locations to manage coal supplies. It is nearly 1,700 km from the mines of Mahanadi Coalfields in Odisha, the longest coal route in India and possibly the trickiest as it cuts through the traffic heavy rail lines between Delhi and eastern India.
Top Indian golfer SSP Chawrasia has lashed out at the Indian Olympic Association and Sports ministry for not yet receiving the full amount of promised Rs 30 lakh earmarked as preparatory money for the Rio Olympics. Both Chawrasia and fellow golfer Anirban Lahiri are yet to receive the allocated amount from the Sports ministry. A livid Chawrasia termed the shoddy treatment by IOA officials at the Rio Games as if they were "servants".
PSUs will get direct allotment.
The government can auction 100 blocks that have been identified by the Geological Survey of India or exploration.
The state government had recommended prospecting licence in favour of Posco-India thrice, but was unable to get them through.
Defence Minister Rajnath Singh on Tuesday handed over to the Army a raft of home-grown military hardware including unmanned aerial systems, quick reaction fighting vehicles, patrol boats and surveillance equipment for boosting its overall combat capability in eastern Ladakh.
In his second term in office, UP Chief Minister Yogi Adityanath has retained 34 portfolios.
At least 29 people were injured in the helicopter crash on Wednesday in Brovary on the outskirts of Kyiv.
The development comes in the wake of a high-level panel formed to address issues impeding mega projects in the steel sector, reviewing the stalled projects this month.
Russian missile strikes hit 'critical infrastructure' in Ukraine's southern port city of Odesa on Sunday morning, Serhii Bratchuk, spokesman of the Operational Staff of Odesa regional military administration said.
The flight, carrying 216 passengers and 16 crew, landed safely, the Tata Group-owned private carrier said in a statement Tuesday evening.
Factory production expanded by 1.3 per cent on an annual basis in January on account of better performance by mining and manufacturing sectors, though capital goods segment remained in contraction mode, as per government data released on Friday. The Index of Industrial Production (IIP) had contracted by 0.6 per cent in January 2021. The growth was 0.7 per cent in December 2021. As per the data released by the Ministry of Statistics and Programme Implementation, the growth in the mining sector was 2.8 per cent against a contraction of 2.4 per cent in January 2021.
The headline for corporate profit growth has been very encouraging in the July-September quarter (Q2) of 2023-24 (FY24), with the combined net profit of listed companies up by 38 per cent year-on-year. However, the earnings distribution has been very lopsided, with most of the growth coming from public-sector oil-marketing companies (OMCs), banks, non-bank lenders, automobile (auto) companies, and cement producers. By comparison, companies from information technology services, fast-moving consumer goods (FMCG), retail, and consumer durables were disappointed, experiencing a sharp slowdown in net sales growth and a relatively muted increase in reported net profit.
Factory production expanded by 1.7 per cent on an annual basis in February on account of improved performance by the mining and power generation sectors, as per government data released on Tuesday. The Index of Industrial Production (IIP) had contracted by 3.2 per cent in February 2021. The growth was 1.5 per cent in January 2022. As per the data released by the Ministry of Statistics and Programme Implementation, the growth in the mining sector was 4.5 per cent against a contraction of 4.4 per cent in February 2021.
There was buzz of Piyush Goyal being elevated to Cabinet rank but only Prakash Javadekar made the cut.
There is only one perpetrator, Hamas. It is a terrorist organisation. It is obscene to argue that until the Palestinian question is solved, anybody has the right to use terrorism as an instrument of policy, argues Shekhar Gupta.
'This is a crisis which did not happen overnight. It was happening slowly.' 'Now we are mining very fast and this crisis won't last long.'
The monthly electricity bills of the majority of domestic consumers in Delhi -- who use more than 200 units and up to 600 units -- will be hiked by up to Rs 265 due to an increase in the power purchase adjustment cost (PPAC) levied by discoms in the city, officials said on Monday.
The mines ministry would soon approach the Union Cabinet to seek its opinion on a directive of the Delhi high court for settling the sale of residual equity in the erstwhile Balco to Sterlite Industries Limited within four weeks.
The Trinamool Congress MP, considered number 2 in the party, also advised Shah to teach nationalism to his son and make sure that the law and order situation improves in Delhi.
Chouhan had earlier announced constitution of 'happiness ministry' on the lines of Bhutan, the only country to have the gross national happiness index.
Bharat Earth Movers Ltd has bagged Rs 800 crore (Rs 8 billion) orders from Ministry of Defence for various ground support high-mobility vehicles.
This is the first time India is offering coalmines to private companies for commercial sale.
Five days after the induction of 18 ministers into his cabinet, Maharashtra Chief Minister Eknath Shinde on Sunday allocated portfolios, keeping Urban Development and 11 other ministries with himself, while giving the crucial Home Department to Deputy CM Devendra Fadnavis.
The government had allowed companies in February last year to launch probe missions to find more oil and gas within already-producing areas.
Shibu Soren has taken risks all his life, and reaped rewards. But it seems he may soon run out of luck.
Work on building a pilgrimage facilitation centre and other utilities in Ayodhya's Ram temple complex has started, with 'darshan' of Ram Lalla expected to open in December 2023, according to a senior official of the construction committee.
After the Union comptroller and auditor-general saying there'd been a loss of Rs 10.67 lakh crore in allotment of coal blocks, the draft Request For Proposal (RFP) for new allocations has strong clauses for cancellation for breaches on this count.
From the seas to the stars, this partnership will now be deepened by the defining role of technology, the statement said.
Total foreign direct investment into India rose 2 per cent to the "highest ever" $83.57 billion in 2021-22 on account of various measures like policy reforms and ease of doing business taken by the government, the commerce and industry ministry said on Friday. Total FDI comprises equity inflows, reinvested earnings and other capital. In 2020-21, the inflow stood at $81.97 billion. It was $74.39 billion in 2019-20 and $62 billion in 2018-19. "India has recorded the highest ever annual FDI inflow of $83.57 billion in 2021-22," the ministry noted in a statement.
Vedanta's Cairn Oil & Gas on Thursday announced the appointment of Nick Walker as the new chief executive officer (CEO) of the company. In a statement, the company said the appointment is effective January 5. "Before this appointment, Walker was president and chief executive officer at Lundin Energy, one of the leading European independent E&P companies," it said.
That does not mean it cannot and will not happen, General Mark Milley, chairman of the US Joint Chiefs of Staff, said on Friday.
The Supreme Court on Tuesday ruled that armed forces can take action against their officers for adulterous acts, as it clarified the landmark 2018 judgment that decriminalised adultery.
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