The government has constituted a committee headed by NTPC Chairman Arup Roy Choudhury to study the proposal and submit a report in two months time.
Modi seems to have an innate faith in his capabilities to handle the myriad challenges confronting the nation and would rather manage the affairs of the nation as a CEO would of a large industrial-business empire, observes Virendra Kapoor.
With just a week left for the Fadnavis government to prove its majority in the Maharashtra assembly, Bharatiya Janata Party and Shiv Sena are yet to resolve their differences over terms for the latter's participation in the ministry, deputy chief minister's post being one of the sticking points.
The NCP leader said that he will be happy to cooperate with the ED so that the agency understands the "complexities" of the aviation sector.
The most expensive gift received by Modi was a painting worth Rs 30,000, which is at the toshakhana. He also received a silver plate and five small silver bowls worth Rs 25,000, marked 'option of the recipient pending'. Ditto with another painting worth Rs 25,000.
The annual summit between India and Japan on Saturday will seek to forge greater bilateral trade and investment ties, with Japanese Prime Minister Shinzo Abe coming with a high-powered business delegation.
While foreign currency rating was retained at Baa2 -- the second-lowest investment grade score -- Moody's also projected a fiscal deficit of 3.7 per cent of gross domestic product in the year through March 2020, a breach of the government's target of 3.3 per cent.
Sources said the railways is keen to ensure that a purely domestic entity bags the tender and once it was felt that the Chinese JV was a frontrunner for the project, it was scrapped.
PM Modi and his Japanese counterpart are likely to sign several agreements, including on civil nuclear cooperation. Both leaders are also likely to discuss defence cooperation, including joint maritime exercises between Japan, India and the United States.
From Bollywood strong men to cricketing greats, celebrities upped the glam quotient this poll season. Some we will see as future MPs, the others just have to get back to business. Rediff.com takes a look at some popular faces, who fought Election 2019 and here's the verdict on them.
The army, air force and navy will all benefit from the defence ministry's approval of 'Make in India' equipment.
The court had appointed former Chief Election Commissioner S Y Quraishi as the administrator-cum-returning officer to conduct the fresh polls to the sports body.
Through the past 18-month period, peace has prevailed in the disputed border regions, which was immensely helpful in the difficult situation that the country was passing through, observes Ambassador M K Bhadrakumar.
In a bid to woo foreign investors, the Indian Railways is planning to organise road shows in select countries showcasing opportunities for investment in the rail sector.
Prime Minister Narendra Modi will launch his dream 'Swachh Bharat' campaign on Thursday.
A bench headed by NGT chairperson Justice Adarsh Kumar Goel directed the carmaker to deposit the amount within two months.
Sena chief has now put ball in BJP's court indicating that Shiv Sena's tiger is back to roar. Sanjay Jog reports
The Centre on Monday earmarked a separate Rs 2,217 crore for 42 urban centres to tackle air pollution and announced the much-awaited voluntary vehicle scrapping policy to phase out old and polluting vehicles, even as it shrunk the budgetary allocation for the environment ministry from the last fiscal by nearly eight percent. Union Finance Minister Nirmala Sitharaman, in her budget speech for 2021-22, announced a total of Rs 2869.93 crore for the ministry, Rs 230 crore less than the last fiscal. Officials said the outlay has been lesser this time as the economy is recovering from the COVID-19 pandemic.
The experts said that climate change is not only raising temperatures and making India's heatwaves hotter, but also changing weather patterns that further drive dangerous weather extremes.
The US-based auto maker told the government an internal probe had revealed the company had violated testing targets
FMCG, automobile industries say if GST regime kicks in, rail hubs can take Make in India to a new high.
During Hasina's visit, which is her first after Modi assumed office in 2014, the two sides will be signing at least 25 pacts in various key sectors including civil nuclear cooperation and defence, but any agreement on the Teesta water sharing is unlikely to be inked.
Manufacture will soon be stopped at Bangalore and Tumkur in Karnataka and Ranibagh in Uttarakhand.
Engineering exports grew by 61 per cent to $38.80 billion during the April-December period this fiscal from $24.08 billion in the same period last year.
Defence Secretary R K Mathur should take to Prime Minister Narendra Modi just five simple measures that would create or catalyse dramatic improvements across the wider defence arena, says Ajai Shukla.
The move will increase working capital requirement for brokers, raise the work load on the system and will leave little room for contingencies.
The government on Friday cleared disinvestment in two bluechip state-owned companies IOC and Bhel, which would fetch over Rs 7,300 crore (Rs 73 billion) to the exchequer in the current fiscal.
Officers from the rank of Deputy Inspector General (DIG) up to the top-most rank of Director General (DG) in these four forces retired after attaining the age of 60.
Attending a function where former Bharatiya Janata Party president Nitin Gadkari rolled out business plan of his Purti Group, NCP president and Union Agriculture Minister Sharad Pawar said "there are no untouchables in politics".
Reliance Industries has sought environment ministry approval for a $13 billion upgrade to its Jamnagar complex, including a 400,000 barrels per day (bpd) refinery.
The prime minister is likely to talk about its possible extension.
Official sources said Mangaluru city witnessed 'unforeseen' rainfall, flooding roads, damaging shops and houses.
'The much-awaited decision could be a welcome change at a time when the Indian armed forces are crying for self-reliance and the defence industry is looking forward to more indigenisation,' notes Nitin A Gokhale.
'Sholay wallah kahani hai: 'Gabbar Singh aayega, Gabbar Singh aayega.' 'But what is inside Gabbar Singh nobody knows.'
With Indian statistics facing heavy criticism from all quarters in recent times, the Central Statistical Organisation (CSO), which is responsible for coordination of statistical activities in the country and evolving and maintaining statistical standards, will have to explore ways to reduce dependence on outsourced secondary data collection.
After assuming power in 2014 with a full majority of its own, the BJP-led NDA government started an ambitious process of reforming labour laws in the form of codes aimed at making the framework less cumbersome with a variety of alterations. It had planned four codes each for industrial relations, wages, social security and welfare, and occupational safety, health and working conditions. To this end, 35 central labour laws were to be converted into four codes that would have had the virtue of streamlining labour relations. But none of the proposed code Bills could be converted into a law principally because neither trade unions nor industry representatives came on board. They hold the key to India's low-growth-high unemployment paradigm but the government may struggle to push them through this time as well. Somesh Jha explains why
'That would once and for all teach all the film-makers of this country a fitting lesson!'
The Planning Commission has not been central to the policy making process since the mid-1960s, says Nitin Desai.
Leading indicators suggest economic activity has been disrupted after demonetisation.
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