Gland Pharma beat muted expectations for Q2FY25. There was increased Ebitda (Earnings before interest, taxes, depreciation and amortisation) loss at Cenexi, the CRAM subsidiary. However, overall Ebitda margin was better than expectations at 21.1 per cent. But given two years of earnings decline in FY23 and FY24, the business may have bottomed and upper-teens EPS (earnings per share) growth looks possible over next two financial years.
The process of preparing approach paper to the 12th Plan has already been started and the panel wants that besides its experts and committees on different areas, the general people particularly youngsters share their views about how should the country should go about the next Five-Year Plan.
Prime Minister Manmohan Singh has asked the Planning Commission to prepare workable models for implementing the proposed universal health coverage programme.
GAIL India's second quarter (Q2FY25) performance met expectations.
The Bharatiya Janata Party, which pulled off a hat-trick of wins in Haryana by bucking anti-incumbency, managed to make significant inroads into the Dalit seats and Jat strongholds.
The city's 24-hour Air Quality Index, recorded at 4 pm every day, stood at 418, up from 334 the previous day, and it may trigger stringent restrictions under the third stage of the graded response action plan to mitigate hazardous conditions.
India's thriving mutual fund (MF) industry is drawing interest from several firms, with multiple applications submitted to the Securities and Exchange Board of India (Sebi) for asset management company (AMC) licences.
A bench of Justices Abhay S Oka and Augustine George Masih said once a case has been made out for the grant of bail to an accused, the court cannot decline the relief.
India's Planning Commission has 31 divisions and seven attached offices, which include the Unique Identification Authority of India and Independent Evaluation Office.
'No political party can antagonise Ambedkarite voters, particularly the neo-Buddhists.'
The tribal communities, asserting their rights under the Forest Rights Act, are now planning to gather in Delhi to demand "justice" for their livelihoods and traditions that are closely linked to the forests.
The Planning Commission and the finance ministry have discordant views on the size of the 2007-08 Plan.
There is no link between using a mobile phone and developing brain cancer, according to a review of studies, which was commissioned by the World Health Organization.
The opposition on Thursday criticised as mere "fluff" and "gimmickry" the government's decision to restructure Planning Commission and rechristen it "Neeti Ayog" and voiced apprehension that it will discriminate against the states and help "corporates call the shots" in policy making.
Economist Abhijit Sen, a former Planning Commission member and one of the country's foremost experts on rural economy, died on Monday night. He was 72.
Though the controversy between the Planning Commission and the road transport ministry is old, the trigger for Road Transport and Highways Minister Kamal Nath calling the Commission an 'armchair advisor' seems to be a document of the Planning Commission.
The Planning Commission's term runs concurrently with that of the government. The commission, whose inputs are vital on important policy related matters, is likely to have new faces when the new team is announced, said a top government functionary who had earlier worked in the apex planning body.
This is the second time that the Planning Commission will be scaling down the growth projection for the 12th Plan.
Lieutenant Commanders Dilna K and Roopa A will remain at sea for 8 months. They will rely on wind power, do the repairs on the boat themselves and navigate some the world's most treacherous waters.
Amid a spate of hoax bomb threats to multiple airlines, the IT ministry has asked social media platforms to observe due diligence obligations and promptly remove or disable access to misinformation within the strict timelines prescribed under IT rules.
Suggestions made by the different experts have been noted and would be forwarded to Prime Minister Narendra Modi.
The opposition parties on Sunday slammed the move to hire public servants through lateral entry, claiming it will snatch reservations from SCs, STs and OBCs, but the Bharatiya Janata Party hit back stating the National Democratic Alliance government was bringing transparency to this mode of recruitment started by the Congress-led United Progressive Alliance.
The Planning Commission may go for a correction in the 11th Five Year Plan targets as it gears up for mid-term assessment of goals next year in view of the global financial meltdown's impact on the economy.
Manish Tiwary plans to take up a new role at another firm.
After the Planning Commission rejected its financing plan for the second time, the National Highways Authority of India (NHAI) is preparing a new draft plan. The earlier proposals were rejected citing that NHAI would find it difficult to borrow funds from the market.
Eighteen more people lost their lives after allegedly consuming illicit liquor in dry Bihar's Siwan and Saran districts, taking the toll in the tragedy to 24, officials said on Thursday.
The meeting was attended by Home Minister Rajnath Singh, Finance Minister Arun Jaitley and chief ministers with the exception of West Bengal Chief Minister Mamata Banerjee and J&K Chief Minister Omar Abdullah.
Reliance Industries Ltd on Friday reported a 9 per cent rise in its December quarter net profit as a planned maintenance-induced weakness in oil business earnings was offset by stability in retail and telecom verticals. The oil-to-retail-to-telecom conglomerate's consolidated net profit of Rs 17,265 crore, or Rs 25.52 per share, in October-December - the third quarter of the current 2023-24 fiscal - was 9.3 per cent higher than Rs 15,792 crore, or Rs 23.19 a share, earning a year back, according to a company statement. Quarter-on-quarter, the profit was lower when compared to Rs 17,394 crore earnings in the preceding three months ended September 30.
It projected 8 per cent growth for 12th plan but also said it can be 5-5.5% if reforms are not undertaken.
While about 8,000 people are in the long list of invitees, the select list features just a few hundred people, including prominent politicians, leading industrialists, top film stars, sportspersons, bureaucrats and diplomats.
Road Transport Minister Kamal Nath said on Monday he was forewarned that the Plan panel would not allow him to achieve a 20 km-a-day road-building target.
'The reason I am not anxious about the opponent facing me in the front (Ajit Pawar) is because of who is standing behind me like a rock (Sharad Pawar).'
No government in the past initiated the process of policy making for its next tenure even before going in for elections. Once the Model Code of Conduct is enforced by the Election Commission, should the government of the day refrain from taking an active interest in policy making for the next five years and let that be the function of the new government?, asks A K Bhattacharya.
The judge directed the Delhi police to conduct its investigation "in all fairness" to find out candidates recommended in recent past who might have illegally availed of such benefits.
Forty-five specialists will soon be joining key posts of joint secretaries, directors and deputy secretaries in different central ministries as part of the Modi government's ambitious plan to infuse fresh talent to further improve ease of governance.
Kharge's remarks came after Modi on Friday said the Congress stands "badly exposed" in front of people for promising to them what the party knows it will never be able to deliver.
The Planning Commission projected the Centre's fiscal deficit to come down to three per cent of the gross domestic product.
The specter of how the Munambam issue was exploited during the November by-elections is proof of the price Kerala is paying for its emergent politics. Controversies become the stuff of slow-burn and brinkmanship. The former promises mileage; the latter searches for an advantage, notes Shyam G Menon.
The two bodies have been fighting a running battle over the targets for construction of highways.
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