Goldman Sachs is bullish about Indian aerospace and defence, preferring private companies over public sector units (PSUs) as the country ramps up its export target for the sector to Rs 50,000 crore by FY29 from Rs 23,600 crore last year. The American investment bank's top 'buy' recommendations include Solar Industries, Bharat Electronics, Data Patterns and PTC Industries, while Bharat Dynamics is rated 'sell'.
China displayed a range of new weapons at a military parade, including laser weapons, nuclear ballistic missiles, giant underwater drones, and fifth-generation aircraft.
The Bharatiya Janata Party on Sunday promised to enact an-anti conversion law with stringent provisions in Maharashtra, and also assured a skill census for training as per industry needs as well as free ration to low-income families.
Jammu and Kashmir Lieutenant Governor Manoj Sinha dismissed two government employees, both teachers, for their alleged links with terrorists. The action is part of Sinha's zero-tolerance policy against terrorism and a broader crackdown on the terror ecosystem within Jammu and Kashmir.
'The question for the TMC is not whether it can hold its bastions, but whether it can expand effectively into regions where the BJP already possesses a good ecosystem.'
'Without our support Nitish Kumar wouldn't have become chief minister.' 'After the government was formed we became ministers, but our agenda remained the same: Amit Shah had promised reservation for Nishads.' 'He wouldn't listen, so we went to UP and contested 52 seats in the 2022 elections. He didn't like the idea of rebellion.' 'He saw that this man, coming from Bombay, is very sharp. He's made four MLAs now, tomorrow he'll make 40. A time will come when they will make it 125.' 'They bought our MLAs and ousted us from the government.'
'If the BJP seriously addresses employment, examination integrity and systemic corruption, they might salvage their position. Otherwise, they are heading toward serious trouble in 2027.'
'The Bhashini Mission has delivered a working technology at large scale, which is as good as or better than the one with MNC tech giants.'
'The government is distributing land in Ladakh as if they are selling cinema hall tickets.'
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.
After a slew of programmes to facilitate electric-vehicle (EV) adoption in India, the NITI Aayog has said the government has done enough on incentives and now it's time to take the programme a step further with "strong signals" through regulations and mandates.
Chhattisgarh proves no cash transfer or UID is needed to make PDS work.
After Odisha and Tripura, West Bengal has now opposed the Centre's direct cash transfer to bank accounts of beneficiaries, claiming it would lead to a breakdown of the existing public distribution system and closure of the Food Corporation of India.
'A balanced portfolio mix of domestic and international equity, fixed income, and precious metals is recommended.'
OpenAI will provide 500,000 free ChatGPT licences for six months to students and teachers across government schools from classes 1 to 12, engineering and technical institutes, as well as K-12 educators.
Simplifying GST rates, removing exemptions, easing disputes, and speeding up refunds can boost investment in India and offer the best reply to Trump's tariffs, observes V S Krishnan, former member, Central Board of Indirect Taxes and Customs.
If states have to fall in line with MSPs declared by political parties, they will have to do so in violation of central order or bear the full expense of the surplus procured at above MSP rates.
'No one anticipated magical solutions or miraculous interventions.' 'However, people across the entire spectrum -- whether residing in the valley or the hills -- expected the prime minister to dedicate at least five to ten minutes to genuinely listening to the voice of the people.'
What is ailing India's Public Distribution System (PDS)? "Corruption" is the one and only answer to that question.
A recent study shows that more than 100 million people are excluded from the public distribution system because the central government insists on using 2011 population figures to calculate state-wise PDS coverage, which effectively leaves out 100 million people, reports Sanjeeb Mukherjee.
The government is considering a ban on export of kerosene oil (jet kero) and aviation turbine fuel (ATF), which are similar to kerosene, to boost supplies of kerosene for public distribution system.
The Election Commission of India is conducting a special intensive revision of the electoral roll in Bihar, with over 6.60 crore electors expected to be included in the draft roll.
BlueKraft has published The Emergency Diaries -- Years that Forged a Leader to chronicle Modi's role in the underground campaign during that period, after speaking to a number of people associated with him at that time.
Generative AI is transforming workplaces but at a cost -- there are fewer jobs for young workers just entering the workforce, reveals a Goldman Sachs report.
The conference was to launch a pilot scheme on smart card-based delivery of essential commodities under the targeted PDS in Haryana and Chandigarh.
The working group on food and public distribution constituted under the chairmanship of Planning Commission Deputy Chairman Montek Singh Ahluwalia is likely to recommend using the numbers effectively for streamlining PDS.
The findings of the report showed consumer spending falling for the first time in over four decades in 2017-18.
Distributing chana is easier than other varieties of pulses as it only requires cleaning and sorting and can be consumed whole; it was also abundantly available with Nafed.
Villpuram district in north Tamil Nadu continued to reel under unprecedented flooding on Monday following extremely heavy rainfall, virtually blocking access to villages and residential colonies as bridges and roads overflowed, inundating huge acreage of standing crops and leaving passengers stranded as rail and road traffic was hit.
Stating that the food subsidy bill is becoming "unmanageably large", the Economic Survey 2021 on Friday suggested the government to increase the selling price of foodgrains provided through ration shops to over 80 crore beneficiaries. Foodgrains via ration shops are supplied at highly subsidised rates of Rs 3 per kg for rice, Rs 2 per kg for wheat and Rs 1 per kg for coarse grains through Public Distribution System (PDS) as per the National Food Security Act (NFSA). "While it is difficult to reduce the economic cost of food management in view of rising commitment towards food security, there is a need to consider the revision of central issue price (CIP) to reduce the bulging food subsidy bill," the survey said.
In a pump and dump operation, fraudsters artificially inflate the price of a stock by spreading misleading or false information, creating a frenzy among unsuspecting retail investors.
In a significant change to regulations, oil and gas regulator PNGRB has proposed a new policy of how tariffs for pipelines carrying gas to users will be determined, and proposed charging city gas entities selling CNG and piped cooking gas to households at the lowest rates.
'If you align your ambition with India's rise, the peak of your careers will unfold alongside the peak of India's power.'
A team of NIA officials earlier this morning arrested two persons in connection with the case and were on their way back to Kolkata, when the vehicle came under attack, they said.
'Due to this sudden phenomenon, guests stopped visiting the homes of these villages, girls and boys from these villages were not getting proposals; students were reluctant to attend schools and colleges for fear of being shamed.'
The move is to align affordable housing finance flows to the increase in property costs and inflation, says Raghu Mohan.
Food subsidy is provided by the Centre in the budget of the Department of food and public distribution to meet the difference between the economic cost of foodgrains and their sales realisation at central issue prices.
'The long term strategy is that this government wants to create a second class citizen list.'
