Gogoi and Sarma have been locked in a war of words on 'X' since Wednesday on the issue of the chief minister's wife's company allegedly being given a credit subsidy of Rs 10 crore.
Of the Rs 1.97 trillion that the government intends to spend on all 14 production-linked incentive (PLI) schemes, around Rs 41,000 crore remains unutilised as of now, according to a senior government official. This means that 80 per cent of the total allocated amount, or Rs 1.56 trillion, will be used to pay incentives to companies eligible to claim benefits over the next few years. The unutilised amount/savings result from undersubscription, lukewarm responses in the case of schemes such as textile, as well as a reduction in the allocation of schemes.
The power minister briefed the investors on various steps undertaken by the government.
There was buzz of Piyush Goyal being elevated to Cabinet rank but only Prakash Javadekar made the cut.
The government on Friday scrapped a minimum price threshold that it had set previously for exports of onion as it looked to pass on the benefit of international glut to Indian farmers. The government had previously fixed a $550 per tonne as the minimum export price (MEP), which essentially meant farmers could not sell their produce overseas at lower than this rate.
'Commerce Minister Piyush Goyal once told me that if onion prices rise we will face the flak for it across India.' 'What can farmers expect from a government which talks like a trader and only believes in (electoral) profit and loss?'
It will be the second Budget of the Modi 3.0 government and eighth straight Budget for Nirmala Sitharaman, rare in Indian polity.
According to an Andhra government statement, Naidu 'reposed confidence' in the PM's leadership.
Besides Defence Minister Singh (Lucknow), Minister of Women and Child Development Irani (Amethi), those in the fray are Minister of State for Housing and Urban Affairs Kaushal Kishor (Mohanlalganj) and Minister of State of Consumer Affairs Sadhvi Niranjan Jyoti (Fatehpur).
Among the BJP rebels, a notable figure is Gopal Shetty, a two-time MLA and former Lok Sabha member from Mumbai. He has filed his nomination as an independent candidate against the party's official nominee, Sanjay Upadhyay, in Mumbai's Borivali assembly constituency.
Goyal wondered why an e-commerce market place model, where a firm provides an IT platform for buyers and sellers, was incurring such huge losses adding that it needs to be looked into.
After the government's online monitoring system for the import of electronic hardware items went live on November 1, inbound shipments of laptops and tablets slipped in November to a nine-month low at $225 million, contracting 17.15 per cent year-on-year. This decline was primarily driven by reduced imports from Singapore (down 43.7 per cent), Hong Kong (down 27.4 per cent), and China (down 14 per cent), according to the data released by the commerce department. China accounts for approximately 83 per cent of such imports.
Jaitley, who was the finance minister before a medical procedure led to the charge being temporarily taken away from him, missed presenting the sixth and final Budget of the Narendra Modi government before the general elections. In his absence, the charge of the ministry was given to Railways Minister Piyush Goyal.
The meeting is expected to chart a road map for cleaning up their balance sheets and boost credit flows, reports Somesh Jha.
The only occasion when the BJP had 100 seats in the Upper House was in 2022.
The BJP's effort comes in the wake of Commerce and Industry Minister Piyush Goyal set to attend the eighth RCEP ministerial meeting in Bangkok from October 10 to 12.
There is also speculation within the BJP that its national president J P Nadda, whose extended tenure will end by this month and who was among the leaders meeting Modi, may also be brought back in the government.
The Bharatiya Janata Party suffered a setback in Lok Sabha polls in Maharashtra on Tuesday, with its tally dwindling by less than half compared to 2019, while the opposition Maha Vikas Aghadi of Congress, Shiv Sena-Uddhav Balasaheb Thackeray and the Nationalist Congress Party-Sharadchandra Pawar was on a roll, pocketing 30 of the 48 seats.
Hours after Jitin Prasada switched from Congress to Bharatiya Janata Party, party spokesperson Gaurav Bhatia welcomed Prasada to the party asserting that his inclusion would make the BJP stronger in Uttar Pradesh.
Congress leader Rahul Gandhi on Sunday hit out at Union minister Piyush Goyal for his remarks that Nobel laureate Abhijit Banerjee is "Left-leaning", saying "these bigots are blinded by hatred" and have no idea what a professional is.
The theme for this year's Yoga day is "Yoga for Humanity".
Barely days after imposing a 40 per cent export tax on onions to cool down soaring prices, which, in turn, triggered widespread protests across the main growing belts, the Centre on Tuesday sought to mitigate both political and economic tensions gripping parts of Maharashtra. It decided to procure an additional 200,000 tonnes of onions at Rs 2,410 per quintal for its buffer stock from farmers, a rate that is strikingly close to the price at which they were being exported before the 40 per cent duty was levied on August 19. The export price before the imposition of the duty stood at around $320 per tonne free on board (approximately Rs 2,650 per quintal).
Congress leader K C Venugopal and Dravida Munnetra Kazhagam's T R Baalu walked out of Defence Minister Rajnath Singh's office, refusing to endorse NDA candidate Birla without being offered the Deputy Speaker's position.
There was not a dry eye in sight as 3,024 beneficiaries of a slum rehabilitation project were overwhelmed by emotion as Prime Minister Narendra Damodardas Modi handed them the keys to their new homes at Vigyan Bhawan in New Delhi.
It could end the payment backlog and improve the revenue flow of discoms, says Piyush Goyal
The RBI under former governor Shaktikanta Das resisted pressures to cut interest rates through 2024 as it kept its 'Arjuna's eye' trained on inflation, but the central bank under a new detail-oriented head will soon have to take a call if it can continue sacrificing growth. Das, a career bureaucrat who in 2016 oversaw Prime Minister Narendra Modi's highly disruptive demonetisation move, left a lasting legacy as he demitted office towards the end of 2024 after expertly navigating monetary policy for six years, the highlight of which was steering India's recovery through the pandemic.
Some members held placards of news reports about unemployment figures.
Thackeray also declared the candidature of Satyajit Patil, Bharti Kamdi and Karan Pawar from Hatkanangale, Palghar, and Jalgaon constituencies, respectively.
A BJP MP from Nagaland has alleged that Congress leader Rahul Gandhi came "very close" to her and "shouted" at her during a protest outside the Parliament, making her feel "uncomfortable." The incident has led to a war of words between the ruling BJP and the opposition Congress, with both sides accusing each other of misconduct. The BJP has demanded an apology from Rahul Gandhi, while the Congress has denied the allegations.
India will not tailor its policies to suit US EV maker Tesla, and its laws and tariff rules will be formulated to attract all-electric vehicle manufacturers from across the world to set up a base in the world's fastest-growing economy, Commerce and Industry Minister Piyush Goyal said. Tesla has been seeking an initial tariff concession that would allow it to offset 70 per cent customs duty for cars priced less than $40,000, and 100 per cent for cars of higher value.
Glimpses from the At Home reception hosted by President Droupadi Murmu at Rashtrapati Bhavan on Republic Day.
The constituency of Mumbai South, home to industrialists as well as high-ranking government officials, fared the worst with 47.7 percent voting.
India and the US have settled the last trade dispute at the World Trade Organization (WTO) over poultry products, according to a joint statement released on Friday. With this, the two countries have mutually resolved all the seven pending trade disputes at the WTO. "The leaders lauded the settlement of the seventh and last outstanding WTO dispute between India and the United States.
India and Australia would now implement the free trade agreement on a mutually agreed date as the Australian Parliament on Tuesday approved the pact between the two countries. "BREAKING: Our Free Trade Agreement with India has passed through parliament," Australian Prime Minister Anthony Albanese said in a tweet. The India-Australia Economic Cooperation and Trade Agreement (AI-ECTA) needed ratification by the Australian parliament before its implementation.
Kalita, whose term in Rajya Sabha was till April 9, 2020, is the second Congress Rajya Sabha member after Sanjay Sinh, a member of the erstwhile Amethi royal family, who has joined the BJP.
This will be the first major electoral test after the political realignment that emerged in 2019.
Putting the blame on the Opposition for the unruly scenes witnessed during the monsoon session of Parliament, a group of Union ministers on Thursday said the Rajya Sabha chairman must take the strongest possible action against those who broke the rules.
Punjab Chief Minister Bhagwant Mann also joined the meeting at the Mahatma Gandhi State Institute of Public Administration in Sector 26 in Chandigarh.
From the word go, Bihar growled its needs out when an MP from the state said aloud: "Give something for Bihar also, Madam." Every time the Budget mentioned cities and towns in Andhra Pradesh, "Kursi Bachao" was the call from Congress MPs.
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