The Planning Commission projected the Centre's fiscal deficit to come down to three per cent of the gross domestic product.
Quraishi asserted that India has, is and will always stand up and fight for its constitutional institutions and principles.
With US President Donald Trump "temporarily suspending" country-specific reciprocal tariffs until July 9, India sees the three-month window as an opportunity to renew its push for a proposed bilateral trade agreement (BTA) with the US and expedite finalisation of the first tranche of the trade deal.
The two bodies have been fighting a running battle over the targets for construction of highways.
'There is no linkage as far as the Indian power-generating business is concerned.'
In addition, the government also plans to float power bonds -- Vidyut Vikas Patra to mobilise Rs 50,000 crore (Rs 500 billion) to finance various projects in the sector under the Eleventh Plan period. The VKP to be floated on the lines of the Kisan Vikas Patra will have a lock-in period of five years.
'When Prime Minister Modi met President Trump, they agreed to initiate a bilateral trade dialogue.' 'It makes sense to give these negotiations a chance.'
Two members of a three-member judicial commission formed by the Uttar Pradesh government to investigate the November 24 violence in Sambhal arrived in Moradabad on Saturday and are expected to visit the violence-hit town on Sunday. The commission, headed by retired Allahabad High Court judge Devendra Kumar Arora, has been tasked with determining if the clashes were spontaneous or a planned conspiracy and assessing the police and administration's response. The commission will also analyze the events leading to the violence and recommend measures to prevent similar incidents in the future.
The Reserve Bank of India is slated to announce its monetary policy review on January 29, amid industry demand for lowering of interest rates to spur growth.
The government also announced creation of a special open forum on the website mygov.nic.in for suggestions on the new institution.
According to sources, Finance Ministry favours a meagre hike of around 6 per cent in the Plan expenditure for next fiscal over budget estimate of the current financial year.
The West Bengal government has assured the Calcutta High Court that the law and order situation in violence-hit Murshidabad district is under control. The court was hearing a petition by the Leader of the Opposition, Suvendu Adhikari, who alleged bomb blasts during communal riots and sought an NIA investigation. The state government claims adequate steps have been taken to quell the violence, while the Centre has requested an extension of CAPF deployment in the district. The violence erupted during protests against the Waqf (Amendment) Act in Murshidabad, displacing several families. The state government has reported that some families have returned to their homes.
China has announced a 7.2 percent increase in its national defence budget, bringing the total to USD 249 billion for the year. This rise comes amidst China's ongoing efforts to modernize its armed forces, including the development of new warships and fighter jets. The budget increase, exceeding last year's 7.2 percent rise, reflects China's commitment to bolstering its military capabilities. Chinese Premier Li Qiang emphasized the importance of the Communist Party's leadership in guiding the military, with President Xi Jinping at the helm of the Central Military Commission. China's defence spending is now three times that of India's and is viewed by critics as a sign of the country's growing military ambitions.
Paris 2024 opening ceremony to start at 7.30 p.m. local time
Several Indian diaspora groups on Tuesday gathered for a festive demonstration outside the India House in London to show solidarity with the Indian mission following the vandalism at its premises by Khalistan extremists over the weekend.
Govt is likely to find it hard to meet deficit target next year.
Speaking to reporters after a cabinet meeting, the chief minister also announced a one-man judicial probe, headed by Justice Michael D'Cunha, a retired high court judge of Karnataka, into the tragic incident.
The launch of the first-ever direct train service from Delhi to Kashmir would be a big turning point in the Valley's mood and its integration with India. He had to thwart it at any cost, asserts Shekhar Gupta.
'Make-in-India played a key role in India's effective action against terrorism during Operation Sindoor.'
Assessment note says panel acts as control commission, especially in fund allocations to states.
Their shared brief: To assert India's case with clarity, rebut hostile narratives, and secure enduring partnerships for global counter-terror cooperation.
'A man with a gun commanded respect. I thought if I also got a gun, I could save my family. With this thought, I went to Pakistan and got training there'
Moderate turnout was recorded in the first four hours of polling across five assembly constituencies across Punjab, West Bengal, Gujarat and Kerala where bypolls are underway on Thursday.
Fair trade regulator CCI on Tuesday said it has approved the demerger of the hotel business of diversified entity ITC Ltd into a separate entity. After the completion of the demerger, shares of ITC Hotels Ltd, a new entity, will be listed on the stock exchanges. The proposed combination relates to the demerger of the demerged undertaking to ITC's wholly-owned newly incorporated subsidiary, ITC Hotels.
New body to replace Plan panel might retain 40% of existing staff
Terrorism and insurgency in J&K had subsided when India demolished East Pakistan -- for the simple reason that Pakistan understands power. We need to follow Chanakya's dictum of Saam, Daam, Dand, Bhed for strategising against Pakistan, asserts Lieutenant General Prakash Katoch (Retd). The ground truth is that unless we are prepared to acknowledge our shortcomings, including massive intelligence failures, punish those responsible and take corrective actions, we will continue in the same vein, asserts Lieutenant General Prakash Katoch (Retd).
According to the Approach Paper to the 12th Plan, the Commission has pegged a plan expenditure of Rs 5.83 lakh crore (Rs 5.83 trillion) for 2013-14, which is around 12 per cent more than the budgeted plan expenditure for the current fiscal.
Planning has not lost relevance in India, but the Planning Commission has to reinvent itself.
Even as the flagship National Rural Employment Guarantee Act scheme continues to face problems at the implementation level, Rural Development Minister Raghuvansh Prasad Singh, ignoring suggestions by Planning Commission Deputy Chairperson Montek Singh Ahluwalia and other economists, has refused to bring any major change in the scheme.
On Jawaharlal Nehru's 61st death anniversary, Utkarsh Mishra recalls how India's first prime minister cultivated a unique role for the newly independent country on the world stage.
Shiv Sena-Uddhav Balasaheb Thackeray leader Priyanka Chaturvedi on Wednesday took potshots at the rival Shiv Sena over its minister not finding a place in the reconstituted NITI Aayog.
The Planning Commission is interacting with grassroot-level health workers to invite specific suggestions and incorporate the same in policies to tackle malnutrition in India.
The 64-year-old Pakistani-origin Canadian businessman would also be questioned on his suspected links with the officials of Pakistan spy agency Inter-Services Intelligence (ISI) and his association with terror group Lashkar-e-Taiba (LeT), which had orchestrated the attacks.
Tech tycoon Azim Premji's global investment arm, Manipal Group Chief Ranjan Pai's family office and 360 ONE Asset have sought approval from fair trade regulator CCI to acquire stakes in domestic carrier Akasa Air's parent company SNV Aviation. "The proposed transaction involves the acquisition of certain shareholding by each of PIOF, Claypond and 360 Fund (through its various schemes and affiliates) in Akasa Air," said a notice filed with the Competition Commission of India (CCI) on Wednesday.
The Aayog has been mandated to serve as a policy think-tank for the central as well as state governments
We have nothing to gain by raising our concerns internationally as our narrative has got entangled with several controversial concepts in the United Nations, asserts Ambassador T N Sreenivasan.
The Adani group has said it will have a capital expenditure of Rs 1.1 trillion in 2025-26 as against this financial year's Rs 92,000 crore, with a focus on core energy and infrastructure. Expenditure will be financed through an internal cash generation of Rs 60,000 crore, and the rest will be raised via equity and debt, according to senior officials.
Rajiv Kumar, the 25th chief election commissioner of India, has demitted office after a nearly three-year tenure marked by both electoral successes and allegations of bias from opposition parties. Kumar oversaw the 2024 Lok Sabha elections and the Jammu and Kashmir assembly polls, among other major elections. During his tenure, he implemented reforms across various aspects of the Election Commission's functioning, including structural, technological, capacity development, communication, international cooperation, and administration. However, he faced criticism from opposition parties and activists on several issues, including the efficacy of Electronic Voting Machines, alleged fudging of voter data, and being "lenient" on the ruling BJP. While the Commission responded to the allegations, Kumar often defended himself and the poll authority through poetry. In his farewell address, Kumar expressed concerns about the timing of petitions raising doubts over poll processes and the impact of freebie promises on the fiscal health of the state. He also criticized the practice of showing early trends on counting day by news channels, calling it "nonsense". Kumar's tenure was marked by numerous controversies, with opposition parties and activists alleging bias and irregularities. While the Election Commission defended its actions, the allegations cast a shadow over his time in office.
Caste census politics took centre stage on Thursday with the Congress terming the government's decision as a 'diversionary tactic' and a move for headlines management and the Bharatiya Janata Party saying it has exposed the difference between the Centre's 'true intentions' and the 'empty sloganeering' of the opposition party.
Six Telugu film actors, including Rana Daggubati, Prakash Raj, and Vijay Deverkonda, along with 19 social media influencers have been booked for allegedly promoting betting apps. A businessman filed a complaint alleging that the celebrities and influencers were promoting these apps on social media through pop-up ads and other means. The police registered a case under relevant sections of the BNS, Gaming Act, and IT Act based on the complaint and are planning to issue notices to those named in the FIR.
