If it continues to do well economically, develops a large manufacturing sector, gains in technological heft, builds a more capable defence industry, improves its human development indicators, becomes more of a trading nation, and has greater internal cohesion. In short, it is a work in progress, suggests T N Ninan.
Power Grid Corporation (PGCIL) intends to ramp up its capex substantially through the next two financial years. The Public Sector Undertaking (PSU) utility posted flat consolidated revenues of Rs 10,700 crore in the third quarter of the current financial year (Q3FY24) and reported 7 per cent year on year (Y-o-Y) growth in net profit to Rs 4,000 crore. The Q3FY24 capex stood at Rs 3,440 crore and capitalisation at Rs 1,780 crore, taking the 9MFY24 total to Rs 8,700 crore capex and Rs 5,800 crore capitalisation, respectively.
Former Chief Justice of India D Y Chandrachud has expressed concern about the influence of social media on the judiciary, stating that special interest groups are using it to sway court decisions and judges need to be vigilant. He highlighted the dangers of forming opinions based on short social media clips, emphasizing the nuanced nature of judicial decision-making. Chandrachud also defended the collegium system for judicial appointments and clarified that while there is no legal bar on judges entering politics after retirement, their decisions might be scrutinized differently due to their past roles.
The petition filed by advocate Srinivasan has also sought a direction to poll panel to take effective steps to restrain political parties from making promises of freebies during the pre-election period.
'Money power was deployed like an army in a war.' 'None of the MVA parties had that kind of money.'
Meet the game-changer in mutual fund investments, explains Anamika Pareek.
'Netanyahu lured Trump into a trap by enticing him with a seductive scenario of massive lucrative business in Gaza's reconstruction.' 'Trump's imagination is running riot, completely disconnected from ground realities,' asserts Ambassador M K Bhadrakumar.
Apart from the emotional value attached to buying gold, the yellow metal offers protection against inflation, interest rate spikes, currency and geopolitical risks, says Anamika Pareek.
'The government is saying 88 Hindus have been killed, but it could be much more.' 'Their properties are being looted, their businesses have been ransacked. I am getting distress calls from there.' 'Muslims who believe in the philosophy of Sheikh Mujibur Rahman are also under attack. Most of those who have fled Bangladesh after Sheikh Hasina's fall are Muslims.'
Unbelievable, did you say? Ramalingam Kalirajan explains the simple math.
The Indian Diaspora has been able to carve a niche in their adopted countries as a result of their talent, perseverance and hardworking nature, asserts Rup Narayan Das.
According to the plea agreement, Sai Varshith Kandula (20), of St Louis, Missouri, crashed a rented truck into the White House perimeter, and he was attempting to gain access to the White House to seize political power.
Senior Congress leader Shashi Tharoor has criticized the BJP for its allegations that elements in the American "deep state" were behind attempts to destabilize India, saying this "attack-dog" behavior is an embarrassment to India. Tharoor's comments come after the US rejected the BJP's allegations, describing them as "disappointing" and asserting that the US government is a champion of media freedom. The BJP had alleged that the US deep state colluded with the media portal OCCRP and Congress leader Rahul Gandhi to "damage" India's image.
BJP leader Vinod Tawde has demanded an apology from Congress president Mallikarjun Kharge, Rahul Gandhi, and party spokesperson Supriya Shrinate for making "false and baseless" allegations against him in the cash-for-votes incident in Maharashtra. Tawde was accused by the Bahujan Vikas Aghadi of distributing Rs 5 crore to woo voters. He has sent a legal notice to the Congress leaders, claiming they were aware the story was fabricated and demanding an unconditional apology within 24 hours. If the apology is not forthcoming, Tawde has threatened to initiate criminal and civil proceedings against the trio.
Don't let panic ruin your wealth. Avoiding these mistakes can save you from HUGE losses, says Ramalingam Kalirajan
The improving outlook for the power sector has caught the interest of dividend yield funds. In the first four months of the current financial year (2023-24, or FY24), five of the six largest dividend yield funds have shown a notable increase in their exposure to stocks within the power sector. Some have even introduced new stocks to their portfolios.
Global factors and FII activity will dictate trends in domestic equity markets this week while assembly poll results of Maharashtra and Jharkhand may impact stocks on Monday, say analysts. Stock markets witnessed a spirited recovery on Friday with benchmark Sensex and Nifty notching the best single-day gains in more than five months and offering relief after weeks of correction.
Doval is in Beijing for the 23rd round of the Special Representatives' talks being held after a gap of five years.
Tata Power saw a big sell-off, with the stock falling almost 8 per cent after declaring disappointing results for the October-December quarter (Q3) of 2023-24 (FY24) on Friday evening. The company reported net consolidated revenue of Rs 14,650 crore, up 4.4 per cent year-on-year (Y-o-Y), and earnings before interest, tax, depreciation, and amortisation (Ebitda) of Rs 2,607 crore, up 2 per cent Y-o-Y, in the quarter, led by higher sales across Odisha distribution companies (discoms) and capacity addition in renewables. This was well below consensus estimates.
'With his passing, Indian cinema has lost its most undaunted voice, a voice of unsettling truths, a window to history, a school of filmmaking.'
In a year bookended by intractable conflicts and geopolitical fragmentation, India focused on ramping up military prowess by broadly firming up defence procurement worth Rs 4.22 lakh crore even as Indian and Chinese militaries completed pulling back their troops from border face-off points in eastern Ladakh.
India's e-commerce market alone is projected to reach $200 billion by 2026, making it a prime industry for ambitious entrepreneurs, explains rediffGURU Harsh Bharwani.
Bala Devi becomes first Indian woman to score 50 international goals
He joined the BJP at its headquarters in the presence of Union ministers Manohar Lal Khattar and Harsh Malhotra, Delhi unit president Virendra Sachdeva and national media head Anil Baluni among others.
The Royal Swedish Academy of Sciences on Monday has decided to award the 2024 Nobel Prize also known as the Sveriges Riksbank Prize in Economic Sciences to Daron Acemoglu, Simon Johnson and James A. Robinson "for studies of how institutions are formed and affect prosperity."
'The demise of #ManmohanSingh ji who (looking back) presided over India's actual 'Acchey Din' feels like the end of an era when India was actually (more) democratic, when Indians were free(er) of fear & intolerance and when Indian public discourse had more decency.'
The decision by the Reserve Bank of India to introduce a unified regulatory framework on connected lending for all the regulated entities (RE) is expected to reduce the influence of business conglomerates in the Indian lending space, said bankers and experts. "Connected lending pertains to lending to related parties within the same business group. "While the RBI might appear more agreeable to allowing business conglomerates to own banking licenses, it deems it crucial to bolster regulations that would prevent conglomerate-owned banks from gaming the system," said Shivaji Thapliyal, head of research and lead analyst, YES Securities.
The great literary figure of Malayalam and Jnanpith Award winner M T Vasudevan Nair, who had been undergoing treatment at a private hospital here following heart failure, has died, hospital sources said on Wednesday.
Sri Lankan President Anura Kumara Disanayaka assured Prime Minister Narendra Modi that his country's soil will not be used against India's interests, addressing concerns over China's growing influence in Colombo. The two leaders discussed a range of issues, including a defense cooperation agreement, energy ties, and debt restructuring. They also agreed to initiate a ferry service between Rameshwaram and Talaimannar, and to adopt a "humanitarian approach" to the fishermen issue.
'Suddenly we had a new comprehension of affairs, which reminded that the luxury of politics floated atop a foundation by economics.' 'Along with this, finance ministers became crucial in molding the perception and reputation of Union Cabinets.' 'Governments couldn't afford a wrong person in that portfolio,' asserts Shyam G Menon.
Take inspiration from these cutting-edge designs worn by fashion-forward celebs to ensure turn heads with your ultra-mod style.
Hero MotoCorp, a major player in the two-wheeler market, has seen a 9 per cent rise in its stock since the beginning of the month. This increase, driven by the largest motorcycle company by volume, is attributed to expectations of a revival in rural sales due to normal monsoons, government measures to boost consumption, recent market share gains, and a large valuation discount compared to peers. In the near term, the company's volume performance and growth trajectory, particularly in rural markets and entry-level segments, are expected to be key drivers.
The Royal Swedish Academy of Sciences on Monday has decided to award the 2024 Nobel Prize also known as the Sveriges Riksbank Prize in Economic Sciences to Daron Acemoglu, Simon Johnson and James A Robinson 'for studies of how institutions are formed and affect prosperity'.
India experienced its second-hottest quarter from June to August this year since 1970, with over one-third of the country's population enduring at least seven days of dangerous heat, according to a new report by a United States-based group of climate scientists and communicators.
Lord Ganesha's teachings offer valuable insights for investors in the Indian stock market. By thinking big, working consistently, starting early, and approaching investing with a rational mindset, investors can increase their chances of achieving their financial goals.
Nobel laureate economist Abhijit Banerjee has said the current situation in Bangladesh is unlikely to trigger a fresh round of exodus of minority Hindus into India. He believes that migration is primarily driven by social networks and economic opportunities rather than persecution. Banerjee, known for his work in poverty alleviation, further emphasized that India's overt preference for Hindu migrants from Bangladesh in the past has been a significant factor in their migration, rather than attacks on the community.
Ask rediffGURU Aashish Sood your CAT related questions.
With Google announcing the milestone of Willow - a state-of-the-art quantum computing chip that can solve complex problems in under five minutes, a computation so complex it would have taken a supercomputer around 10 septillion (10^25) years to complete - tech experts believe this breakthrough could impact artificial intelligence (AI), particularly by making it more accessible to the masses. However, industry players caution that it may take several years for this innovation to become commercially viable.
These were the most influential fashion stars of 2017.
The Enforcement Directorate (ED) and the Central Bureau of Investigation (CBI) have intensified their investigations against Gaurav Mehta, a suspect in a Bitcoin Ponzi scam, following allegations that politicians may have been involved in using cryptocurrency to influence Maharashtra assembly polls. The ED searched Mehta's residence in Raipur and seized computers and digital devices. The CBI summoned him to appear before investigators. The ED is probing Mehta's potential links to politicians, politically exposed persons, and bureaucrats as part of its money laundering probe. The allegations came after BJP released purported voice notes suggesting that Congress and NCP leaders were attempting to use cryptocurrency for election campaigning. Both parties denied the claims, calling the voice notes fake.
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