'I am a non-resident Indian. I didn't come to India to shine a light on its negative aspects.' 'I came to India to showcase what I think are remarkable aspects of India and Indians on a global scale.'
Billionaire Gautam Adani on Monday said his infrastructure conglomerate will invest between $50-70 billion in organic and inorganic growth opportunities across the entire energy value chain over the next decade. Speaking at an industry event, he said the port-to-energy group will invest over $20 billion in renewable energy generation alone. "Over the next decade, we will invest over $20 billion in renewable energy generation.
The Indian Railways has decided to not cancel any more passenger trains to accommodate more freight traffic for coal transport. It will also gradually restore the ones it cancelled recently. The national transporter is of the view that coal supply is now reaching normative levels and does not need any more special measures. "Early data suggests that coal supply has stepped up since the passenger trains were cancelled.
Essar group on Friday announced the signing of a USD 2.4 billion (Rs 19,000 crore) deal to sell certain ports and power infrastructure to ArcelorMittal Nippon Steel in one of the largest post-pandemic merger and acquisition deals in India. In a statement, the Ruia-run firm said the deal also envisages a 50-50 joint venture between Essar and ArcelorMittal for building a 4 million tonnes a year LNG import terminal at Hazira in Gujarat. Without giving details, it only identified certain ports and power infrastructure that are primarily captive to operations of the Hazira steel plant, which was acquired by ArcelorMittal Nippon Steel (AM/NS) in 2018-19, as part of the deal.
The Bengal Tiger, the Asiatic Lion and the more widespread leopard have had to swallow their pride. Rarely has the prime minister turned up in person, sun hat and camera at the ready, to welcome a member of the big cat family, notes Shyam G Menon.
The 83-year-old, who has challenged the Bombay high court's April 13 order rejecting his plea for permanent bail on medical grounds, is currently on interim bail on medical grounds and he was to surrender on July 12.
Changes in global oil and gas rates matter more to India's economy than other major economies because the country imports around 87 per cent of its oil, half of its gas in the form of LNG, and over 60 per cent of its LPG.
Parliamentary standing committee on labour, led by Biju Janata Dal MP Bhartruhari Mahtab, has said in its report that it is unjustifiable for owners to pay workers' wages during natural calamities.
Indian Oil Corporation (IOC), the nation's largest oil firm, has renewed a deal to buy up to 2 million tonnes of crude oil in 2022 from Russia's Rosneft, the Russian oil producer said. IOC had in February 2020 signed a deal with Rosneft Oil Company to import up to 2 million tonnes of oil via the port of Novorossiysk. In 2021, the deal envisaged supply of up to 1.7 million tonnes of crude oil but IOC bought just on parcel or shipload as the cost of transporting the oil made it uneconomical, when compared to alternatives. For 2022, the deal is for the supply of up to 2 million tonnes of oil from the Black Sea port of Novorossiysk.
2.75 million of the 3 million Covid-related health claims were settled.
If fate had willed, Alia Bhatt's first movie co-star would have been Aditya Narayan, singer Udit Narayan's talented son.
Three people were killed and over 20 others injured in a bomb blast outside the house of the Mumbai terror attack mastermind and JuD chief Hafiz Saeed in Lahore on Wednesday, the police said.
The Jiyo Hunoon fest encouraged as many as 70 artists from over six states in India.
'The Megalithic period had a significant feature. Their pottery uses black and red clay.' 'Another identifying feature is that all Megalithic burial sites are oriented towards the east.'
A day after fact-checking website Alt News co-founder Mohammad Zubair was arrested by the Delhi Police, officials said on Tuesday that his 'objectionable tweet of 2018 led to a Twitter storm with hate speeches, detrimental to communal harmony'.
I thought Saudi Vellakka a glancing, loving depiction of the judicial system as a pageantry filled with performers trying to do right by everyone, do everything by the book, and failing despite their best attempts, observes Sreehari Nair.
Tackle your hair and skin problems with expert help from Dr Dinesh Jain.
Drones have added a new dimension to security threats from terror groups and investigations into the attack on the Jammu IAF station last month show the involvement of "non-State actors" supported by State actors such as the ordnance factory of Pakistan, Jammu and Kashmir DGP Dilbag Singh said on Tuesday.
Rediff reader Palanki Suryanarayana, 75 a retired professor of civil engineering settled in Bengaluru, tells us how he is teaching science to his grandson.
'Thankfully, most investors in India have now seen through this false narrative and are once again deploying their hard-earned money.
Union minister Jitendra Singh said on Friday that the number of public grievances received by the government has increased from 2 lakh in 2014 to nearly 22 lakh at present, and added the 10-fold rise reflects the trust people have shown in the current dispensation.
Earth's hardest naturally occurring material can evaporate when exposed to intense ultraviolet rays, a new study reveals.
Prices of natural gas, which is used to produce fertiliser and generate electricity and is also converted into CNG for use in automobiles as fuel and cooking gas for households, are set every six months -- on April 1 and October 1 each year.
Downing Street confirmed that the two senior-most United Kingdom government officials had received notification from the Metropolitan Police that they would be given "fixed penalty notices".
India's total purchase of oil from Russia in a month is probably less than what Europe does in an afternoon, External Affairs Minister S Jaishankar said.
Faruqui and four others were arrested on January 1 following a complaint by a Bharatiya Janata Party MLA's son that alleged objectionable remarks about Hindu deities and Union Home Minister Amit Shah were passed by him during a comedy show at a cafe in Indore on New Year's day. One more person was arrested subsequently.
'Earlier-than-expected tapering from the US, followed by rate hikes, and locally, a potential third wave, which mimics the second wave in terms of severity.'
Bloody Brothers is watchable, especially in the scenes of its two lead actors trying to work out something from the puny material given to them. Jaideep Ahlawat, who suggests roiling energy and intelligence even when he is completely motionless, has to be India's finest actor on current form, observes Sreehari Nair.
'You do not need to roar to be a tigress.'
India's top listed companies reported their best-ever quarterly net profit of Rs 2.39 trillion in the September quarter of FY22, up 46.4 per cent year-on-year. The earnings were driven by a big surge in the profitability of banks, non-banking financial companies & insurance (BFSI), oil & gas, and metal & mining firms. The combined net profit of these three cyclical sectors were up 87 per cent YoY to a record high of Rs 1.53 trillion, up from Rs 82,000 crore a year ago and Rs 1.08 trillion in Q1FY22.
"If such blurring gains traction, democracy would be in peril," a bench of Justices Siddharth Mridul and Anup Jairam Bhambhani said in its 83-page judgement while deliberating with the case and imposition of anti-terror law against Kalita.
Markets regulator Sebi on Tuesday imposed a penalty of Rs 5 crore on NDTV for its failure to disclose price-sensitive information about VCPL loan agreements but the company denied the charges and said it will appeal against the ruling. The loan agreements had clauses and conditions that substantially affected the functioning of the media company, Sebi said in its order. The regulator said its probe began after receipt of complaints in 2017 from Quantum Securities Pvt Ltd about an alleged violation of rules by non-disclosure of material information to the shareholders about loan agreements with Vishvapradhan Commercial Private Ltd (VCPL).
If the central banks act harshly now, the markets will crash and then rally. If they are hesitant, the pain will be prolonged, predicts Debashis Basu.
Economist Gandhi: The Roots and the Relevance of the Political Economy of the Mahatma by retired entrepreneur Jerry Rao provides insights into a hidden facet of Gandhi's personality -- his thoughts on economics and capitalism -- and also highlights some of his views on religion, ethics, human nature, education and society.
Speaking in the Security Council briefing on 'Threat to International Peace & Security Caused by Terrorist Acts' on Wednesday, Permanent Representative to the UN Ambassador T S Tirumurti reiterated India's firm belief that terrorism in one part of the world is threat to peace and security of entire world.
Spiralling prices pinched the pocket of consumer as edible oil, fuel and many other commodities turned dearer this year amid pandemic-induced disruptions but the inflationary pressure is anticipated to ease, though marginally, in the coming months. As consumers, at retail as well as wholesale levels, are willy-nilly learning to live with the new normal of curbs to contain the spread of coronavirus infections, experts are of the view that elevated inflation is likely to stay longer. After dealing with the devastating blows from the second COVID wave, especially during the April-June period, the economy is well on the revival path but the emergence of Omicron might unsettle the recovery trajectory in the short term.
'Nehru's inability to take religion seriously as a category led to serious errors of judgement in his dealings with the Muslim League, and later, also with the Hindu right.'
If the vaccine is recommended for use as a booster against Omicron, it may significantly boost the demand for Covishield in India.
If we have already excluded Muslims from political office by default, and if we are already harassing them daily through laws, like Nazi Germany did and like Pakistan did, then why do we need a Hindu Rashtra or a change from the present set of laws? argues Aakar Patel.
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