Russian Foreign Minister Sergey Lavrov and Defence Minister Sergey Shoigu will visit India to hold the inaugural '2+2' ministerial dialogue between the two countries on December 6, the Russian embassy has said.
Eyes investments of Rs 31,000 cr in research and manufacturing of electric vehicles
The all-powerful GST Council on Friday decided to charge food delivery platforms such as Swiggy and Zomato a tax even as it extended concessional tax rates on certain COVID-19 drugs by three months till December 31. The Council, which comprises the Union finance minister and her state counterparts, decided to continue keeping petrol and diesel out of the GST purview as subsuming the current excise duty and VAT into one national rate would impact revenues. Briefing reporters on the decisions taken by the Council at a meeting here, Union Finance Minister Nirmala Sitharaman said GST has been exempted on muscular atrophy drugs like Zolgensma and Viltepso, which cost crores of rupees.
The prime minister said a stable global economic and financial system is imperative for growth as it promotes inclusive and sustainable growth.
The chief minister has asked vice chancellors to go on a 'mission mode' to improve their positions by next year.
At $2.6 trillion, the Indian economy is currently ranked sixth in the world behind the US, China, Japan, Germany and the UK.
Union Ministers Smriti Irani and D V Sadananda Gowda have been dropped from Inter-State Council, official sources said on Wednesday.
A charkha for the president, Benarasi sarees for Michelle & more!
The dinner Jill Biden and her husband US President Joe Biden hosted for Indian prime minister Narendra Modi, June 22, at the White House brought together, Indians and Americans from so many firmaments.
The Railway ministry has been allocated budgetary support of Rs 140367.13 crore in the Union Budget on Tuesday - Rs 20,311 crore more than the revised figures of the previous fiscal. Overall, the national transporter is set to get a capital expenditure (CapEx) push of Rs 2.45 lakh crore in the financial year 2022-23, 14 per cent higher than the budgeted capital expenditure of Rs 2.15 lakh crore for the current financial year. Finance Minister Nirmala Sitharaman in her Budget speech for 2022-23 said that India will manufacture 400 new, energy-efficient Vande Bharat trains in the next three years.
The electric vehicle market in India needs a policy push that goes beyond targets, says Vandana Gombar.
Prime Minister Narendra Modi said re-developed railway stations would become iconic structures and centres of economic activity.
India, the bank's second biggest shareholder after China, is looking to borrow from the AIIB.
Why does the world's fastest-growing major consumer of energy fail to attract investments in oil and gas? This is a question worth pondering after private sector conglomerate Reliance Industries Ltd (RIL) failed to close a $15-billion downstream asset deal with Saudi Arabia's national oil company, Aramco. It's understandable if multi-billion dollar investments in oil and gas projects or deals involving state companies that need to traverse a complex bureaucracy at state and federal levels and the corridors of ministries unravel. However, Mukesh Ambani-run RIL, India's most successful energy company, is not typically known to fumble on closing deals (Ambani closed deals worth around Rs 2 trillion early last year in telecom and retail with blue chip investors).
BC Tripathi, who helms India's largest natural gas marketer and transporter -- GAIL, discusses last-mile connectivity to homes with Jyoti Mukul and Shine Jacob.
The government will create an EV Venture Capital Fund, for financial support to start-ups in the segment. The overall aim is to make Tamil Nadu the preferred destination for EVs and component makers.
N Chandrasekaran, chairman of Tata Consultancy Services (TCS) and Tata Sons, believes that the Digital India Act is a necessity. "The Digital India Act is a necessity because so much has changed over the decades since the original Information Technology (IT) Act was put in place. I am glad the government is developing a participative approach to developing the Digital Act," he said, while answering shareholders at TCS' 27th annual general meeting. Minister of State for Electronics and IT Rajeev Chandrasekhar a few months ago had said that the government would shortly roll out the Digital India Act - a renewed policy for the digital ecosystem and cyberspace in the country.
The prime minister said that India has invited Germany to take advantage of opportunities in defence production in the defence corridors in Uttar Pradesh and Tamil Nadu.
'That is the one headline the world is reading about India this week, and it is a potentially damaging story...' 'I don't think a panic mentality has set in, but this story is one that investors and market watchers are absolutely seized with.'
Biden and Modi committed that the US and India will work closely together to win the fight against the COVID-19 pandemic, renew their partnership on climate change, rebuild the global economy in a way that benefits the people of both countries, and stand together against the scourge of global terrorism, the White House said in a readout of the call.
The vehicle will not be available until end-2017, or later.
In his hour-long speech, Modi mostly focussed on his government's efforts aimed at women's empowerment as he talked about the endeavour to ensure progress and modernisation of India.
The leaders of the two countries "discussed the main aspects of bilateral cooperation and exchanged views on current regional topics, including developments in South Asia," said a brief statement issued by the Russian President's office - Kremlin.
India pledged an assistance of USD 30 million (Rs 199 crore) for the initiative that brings together developed and developing countries.
Adani, which estimates its project will generate more than A$22 billion ($15.6 billion) in taxes and royalties, has yet to line up funding but is sticking to a late 2017 start date.
Days before Narendra Modi arrives in the US to speak at the UN, meet Barack Obama, gupshup with the likes of Nadella, Pichai, Zuckerberg, and address desis in Silicon Valley, his ministers will help set the commercial and strategic tone for the prime minister's visit.
PM Modi cautioned against any unilateral steps that will lead to an economic barrier in the battle against climate change as he hoped that the developed countries would mobilise aid.
Not only has the Mudra loan mela generated no jobs, it has frittered away trillions of taxpayers' money and it's time to bury the scheme, argues Debashis Basu.
Launching the scheme, Modi said during the nationwide lockdown, the talent from cities returned to villages and it will now give a boost to development of rural areas. The 'Garib Kalyan Rozgar Abhiyaan' will be implemented on a mission mode in 125 days in 116 districts of six states -- Bihar, Madhya Pradesh, Uttar Pradesh, Rajasthan, Jharkhand and Odisha -- that received the maximum numbers of migrant workers back.
Diesel prices for the Railways have come down from Rs 60.08 a litre in June to Rs 50.51 a litre now.
India and South Africa on Friday agreed to deepen engagement in key areas of defence production, manufacturing, mining and minerals and combating terrorism.
Pointing at regulation of environment sector as a case in point, Goyal said the sector suffered due to "over regulation as regulators are not able to justify many decisions"
Ministerial expansion: Focus on Purvanchal, Brahmin voters in UP.
Johnson will be only the second British leader since Indian independence to attend the annual Republic Day parade in New Delhi as Guest of Honour, after former prime minister John Major in 1993.
Sunak joins fellow Indian-origin candidate Suella Braverman, the UK Attorney General who is among the early Tory MPs to announce her plan to contest.
Nirmala Sitharaman's maiden Budget has not disappointed but vision and details, particularly for the revival of agriculture, are missing.
Tesla began taking orders for its Model 3 sedan from Indian customers in 2016 and caught the fancy of people like GOQii's Vishal Gondal, Paytm's Vijay Shekhar Sharma and venture capitalist Mahesh Murthy. Amid hints from Elon Musk, Alnoor Peermohamed reports on Tesla's Indian entry.
India will witness good growth under the present government.
"We foresee a very intensive engagement during the day that will culminate in the summit," the MEA spokesperson said.
He is the first British prime minister to visit Gujarat.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances