Gadkari is credited with the construction of more than 90,000 km of national highways and 30,000 km of new roads in the country in the last 10 years.
The risk-reward for the Indian markets, Morgan Stanley said, is turning favourable.
The national selectors want all the players to be available for the Duleep Trophy ahead of the two Test series against Bangladesh next month.
Tilak Varma and Pratham smashed centuries as India A dominated the third day of their Duleep Trophy match against India D.
Adani Ports, NTPC, Infosys, Hindustan Unilever, HCL Technologies and Sun Pharma were among the other big gainers. However, Larsen & Toubro, Bajaj Finance, State Bank of India, Axis Bank and HDFC Bank were amonh the major laggards.
Born to former Santosh Trophy player Mohammed Sayeed, this transfer marks a significant milestone for the promising young talent from Makrana, Rajasthan.
The opposition party's remarks come after Bihar ministers claimed that the latest report of NITI Aayog's Sustainable Development Goals (SDG) India Index 2023-24 vindicated the state's long-standing demand for greater central financial assistance.
Prime Minister Narendra Modi has lauded the Union Budget as a "people's budget" that fulfills the dreams of every Indian and said that it is a "force-multiplier" that will boost consumption, investment and growth. He highlighted a host of measures for different sectors, including welfare initiatives for gig workers, tax relief for the middle class, and support for the manufacturing sector.
Finance Minister Arun Jaitley said the actual spending under the scheme in the fiscal year ending March 31 "would be highest".
Commercial banks have turned cautious in lending to smaller microfinance institutions (MFIs), which has compelled the latter to borrow from non-banking financial companies (NBFCs) at much higher rates. Recently Reserve Bank of India (RBI) Deputy Governor M Rajeshwar Rao slammed micro lenders for increasing their margins "disproportionately" and said these lenders were quick to pass on the increased cost to the borrowers but reluctant to pass on the benefits under the new regime, where margins are not capped.
The Sanjauli area was choked as the protesters took out a march. The area teemed with hundreds of demonstrators, several of whom carried Hindu religion insignia, such as saffron flags and banners bearing Lord Ram's image and the protesters demanded demolition of the illegal mosque in 15 days.
Continuing the downward trend, retail inflation fell to a five-month low of 4.31 per cent in January, mainly due to a decline in the prices of vegetables, eggs, and pulses. The Consumer Price Index-based retail inflation was 5.22 per cent in December and 5.1 per cent in January 2024. The previous low inflation was in August 2024 at 3.65 per cent.
United Progressive Alliance chairperson Sonia Gandhi on Friday favoured an approach of welfare and development to defeat left-wing extremism and insurgency and bring back youth involved in it back to the democratic mainstream.
While companies have not launched too many products in rural areas of late, easy financing has helped push up demand.
The co-operative banking sector is well regulated, and a few cases of restrictions being imposed by the Reserve Bank of India (RBI) should not paint a negative picture of the entire sector, said Department of Economic Affairs (DEA) secretary Ajay Seth on Monday. "Co-operative banks in the country are generally quite robust, and the RBI takes regulatory action whenever issues arise.
Following the lacklustre growth numbers in the second quarter (Q2FY25), economists believe the upcoming Union Budget for 2025-26 should focus on reforms that will stimulate consumption, manufacturing and spur employment. India's growth unexpectedly slowed to 5.4 per cent in the second quarter, due to low capital formation, weak consumption, besides adverse weather impact.
The Maharashtra government has transferred Rs 17,505.90 crore into the bank accounts of 2.38 crore women beneficiaries under its Ladki Bahin Yojana till December 2024, in the first five months after the scheme was launched. The scheme, launched in August 2024, provides financial assistance of Rs 1,500 per month to eligible women. The objective of the scheme is to promote employment and economic development by providing adequate facilities to women and girls in the age group 21 to 65 years. The scheme aims to promote the empowerment of women and girls and improve the health and nutritional status of women and children dependent on them.
'The scrapping of import duty would help Indian companies compete in international markets, thus paving the way for India becoming a space manufacturing hub for the world.'
Automobile, apparel and electronics are among sectors that see a sales boost during the festival season, a time when investors expect gains in related stocks. This year could be different: Analysts have factored in all positives and do not expect such stocks to deliver lucrative returns. "Indian households spend across sectors like automobiles, consumer durables, and consumer staples during the festival season.
Several leaders of the TMC slammed the rural development minister for his comments on the chief minister attending the Kolkata International Film Festival.
A number of non-banking financial companies (NBFCs) have tapped into the debt capital market ahead of the festival season to meet increasing credit demand as bank funding slows. On Tuesday, Aptus Value Housing Finance secured Rs 300 crore at an interest rate of 8.75 per cent through bonds maturing in five years. ICICI Home Finance Company turned to the market to raise Rs 275 crore at 7.94 per cent, alongside another Rs 300 crore at 7.95 per cent, through bonds maturing in five and three years, respectively.
India B captain Abhimanyu Easwaran single-handedly kept his team in the hunt with a defiant century against India C, in the Duleep Trophy.
Pakistan military spokesperson Lieutenant General Ahmad Sharif Chaudhry told a hurriedly called press conference in Islamabad at around 4 am that th Pakistan air force's Nur Khan (Chaklala, Rawalpindi), Murid (Chakwal) and Rafiqui (Shorkot in Jhang district) airbases were targeted.
'Don't let anyone tell you that you can't do something just because it hasn't been done before. Take that first step. Keep learning. Believe in yourself even when no one else does.'
Job creation, improving farm productivity, and mobilising public funds for infrastructure development were some of the issues that figured during the interaction between Prime Minister Narendra Modi and economists ahead of the 2025-26 Union Budget. The prime minister on Tuesday met eminent economists and sectoral experts at NITI Aayog to hear their views and suggestions for the upcoming Budget. Union Finance Minister Nirmala Sitharaman is scheduled to present the Budget for 2025-26 in the Lok Sabha on February 1, 2025.
A Janata Dal-United leader was allegedly murdered in Bihar's Nalanda district in the early hours of Monday, the police said.
The Supreme Court of India has upheld a Bombay High Court order reinstating a woman as the sarpanch of a Maharashtra village, stating that bureaucrats cannot be allowed to "frustrate grassroot democracy." The court criticized instances of bureaucrats misbehaving with elected representatives and attempting to disqualify them by reopening old cases. The case involved Kalavati Rajendra Kokale, whose resignation from the sarpanch's post was withdrawn, but the Raigad district collector declared a vacancy and conducted a fresh election. The court found the collector's actions illegal and upheld Kokale's reinstatement, highlighting the importance of respecting the democratic process and elected representatives at the grassroots level.
People claim their religion is in danger, but it is their party that is in danger, and they are praying to save it, Bollywood actor Riteish Deshmukh said while campaigning for his brother and Maharashtra Congress leader.
A year before he won his first Grand Slam title at Roland Garros in 2005, Rafa made his debut in India at the Chennai Open.
It will be interesting to see what shifts have been recorded in the last decade-and-a-half -- from the effects of demonetisation and Covid's second wave to the drop in fertility and increase in farm workers -- but we will only know this if and when the Census is conducted, points out Aakar Patel.
A product of the 1942 Quit India movement, a Gandhian and a Socialist who remains closely connected with grassroot movements, Dr G G Parikh remains a familiar figure in Maharashtra.
In a significant policy shift aimed at boosting agri-productivity and rural prosperity, Finance Minister Nirmala Sitharaman on Saturday announced six new agricultural schemes while increasing the subsidised Kisan Credit Card loan limit to Rs 5 lakh from the existing Rs 3 lakh, benefiting 7.7 crore farmers, fishermen, and dairy farmers.
RRBs were formed under an Act to provide credit to small farmers, agricultural labourers and businesses in rural areas.
The rural BPO centre will be established by the Tata Business Support Services -- the BPO wing and a wholly-owned subsidiary of Tata Sons -- in partnership with Tata Steel Rural Development Society -- a corporate NGO managed by the Tata Group for the last 60 years. To start with, it is expected to employ around 200 people. Sources close to the development said the company has already recruited the first batch of the executives for the BPO unit.
Free provision of food, cash transfers, and jobs in villages see enhanced flow of funds despite a precipitous fall in revenue. Till May, defence spend was nearly 30 per cent less than the previous year.
'If the Bill and Melinda Gates Foundation cuts funds, there could be more impact.'
'Spending by the middle class is limited with a focus on savings. However, there is buoyancy at the top-end.'
Uttarakhand Chief Minister Pushkar Singh Dhami has announced that the state will become the first in independent India to implement the Uniform Civil Code (UCC), with the date of implementation to be announced soon. The UCC, which aims to unify personal laws for all citizens, has been approved by the state cabinet and preparations for its implementation are almost complete. Dhami stated that the training process for UCC implementation is nearly finalized and the government is aiming for a swift rollout. Speculation is rife that the UCC could be implemented on Republic Day, coinciding with the conclusion of municipal elections. The UCC includes provisions related to marriage, divorce, annulment of marriage, succession, and live-in relationships. The state government has introduced a dedicated portal for online registration of related matters and has authorized Common Service Centers (CSC) to simplify access for citizens. In remote areas, CSC agents will provide door-to-door services. The Gram Panchayat Development Officer will serve as the Sub-Registrar for registration work in rural areas. The government has also implemented Aadhaar-based registration to make the process easier. Citizens can track their application status through email and SMS, and an online complaint portal has been set up. Dhami dismissed Congress allegations of divisive politics, emphasizing that the UCC provides a uniform system and law for all.
