India's economy will see the fastest dollar nominal growth in the world in 2015, Credit Suisse says.
Eleven bodies have been recovered so far as massive rescue operations continued at the building collapse site at Mugalivakkam near Porur in Chennai even as police said they have arrested five persons in connection with the tragedy.
'And because she was very close to Indira Gandhi, she was close to me.' 'Sonia is a wonderful person'
Ahead of the assembly elections next year, the BJP has been wallowing in a welter of ideas that has resurrected the debate on populism versus pragmatism, as it has to pander to two important but incompatible constituencies, of the freebie consuming masses and Bengaluru's heavy hitters craving for even roads, pristine lakes and unbroken power supply, reports Radhika Ramaseshan.
In less than two months since the announcement in March, the state has mobilised an armada of small and medium enterprises keen on making components for large equipment manufacturers.
From real estate behemoths to infrastructure majors, from mobile device manufacturers to heavy engineering companies, they all made commitments to the tune of billions of dollars. Unfortunately, the reality has fallen far short.
To ease pressure due to the coronavirus lockdown, corporate have asked banks and the government for a six-month liquidity line, so that they can pay off their suppliers and employees.
When Modi's name was called out by the Secretary General for taking oath, Members from the ruling National Democratic Alliance thumped the desk greeting the Prime Minister with slogans such as 'Modi Modi' and 'Bharat Mata ki Jai'.
The Planning Commission has not been central to the policy making process since the mid-1960s, says Nitin Desai.
The drop in oil to around $50 a barrel this year has triggered steep cutbacks in production of US shale oil
'The babus in Delhi are not able to understand the pain industry is facing.'
The combined net sales of 42 listed construction and capital goods companies that have declared their third-quarter results so far were down 2.3 per cent year-on-year in Q3FY21 while core operating profit was up just 4.9 per cent YoY during the quarter.
State-run banking giant SBI has said it temporarily exceeded RBI-prescribed credit exposure limit for the fourth year in a row in 2011-12 with regard to loans given to Mukesh Ambani-led Reliance Industries (RIL).
Former Union Minister P K Thungon was on Monday awarded a four-and-a-half year jail term by a Delhi court in connection with a case lodged in 1998 pertaining to misappropriation of Rs 2 crore released by the Centre.
With just a week left for the Fadnavis government to prove its majority in the Maharashtra assembly, Bharatiya Janata Party and Shiv Sena are yet to resolve their differences over terms for the latter's participation in the ministry, deputy chief minister's post being one of the sticking points.
This year's list includes 40 influential people under 40 years of age in five categories -- finance, technology, healthcare, government and politics, and media and entertainment.
With her trademark cotton sari and rubber slippers and her generous doles in rural Bengal, many describe Mamata Banerjee as "ultra left."
'India should take up defence manufacturing in a more serious manner and encourage greater private participation.'
In an interview with Rediff.com Puducherry CM spoke about his plans for the state, Rahul Gandhi and his daily friction with the lieutenant governor.
Sukanya Verma brings us everything we learned in this notorious year.
Tamil Nadu is facing a shortage of 2,000-2,500 Mw. The Tamil Nadu Electricity Board (TNEB) has proposed a compulsory two-day power holiday for both heavy and light industries due to the ongoing power crisis in the state.
This is the first mission by the Indian Speace Research Organisation this year.
Prime Minister Narendra Modi will launch his dream 'Swachh Bharat' campaign on Thursday.
Unprecedented torrential downpour in Chennai and other parts of Tamil Nadu brought the whole state to a grinding halt.
Discoms will not only be penalised for undue outages, they will not be able to bill you for losses.
Karnataka suffered a crop loss in around 97,365 hectares out of the total bearing area of 2,26,244 hectares of coffee and spices plantations.
Obama said he wants to boost the use of natural gas in transportation
Sensex heavyweight Reliance Industries fell 2.76 per cent. In percentage terms, major laggards were Yes Bank, Indusind Bank, RIL, ICICI Bank, HDFC and Axis Bank -- plunging as much as 6.62 per cent.
Reliance's big-bang entry across the solar ecosystem will cut dependence on Chinese imports drastically. And Ambani's repeated emphasis that RIL's new energy foray will be 'a truly global business' points that his group is playing not just for a share of the Indian pie but to be the OEM in the larger 5,000 GW global market by 2030, points out Shailesh Dobhal.
For Q4CY20, PC shipments grew by 27 per cent year-on-year, said data from the IDC.
The transition from the state into two Union territories of Jammu and Kashmir, and Ladakh on Thursday was met with a complete shutdown in the the valley as shops and other business establishments were shut, and public transport were off the roads.
Unlike RIL, the Adani group has not yet brought in any big stakeholders to refinance debt or expand.
Work is underway in identifying global companies in sectors ranging from electronics, auto components and medical equipment to shift part of their existing or incremental manufacturing to India.
Despite the Oscars, the box office glory, and the universal acclaim, Francis Ford Coppola, I am sure, remembers The Godfather with as much frustration as pride. Like Michael Corleone, he got into it with the best of intentions, and got out of it on top but lost in the heights. Sreehari Nair revisits the film as it turns 50 this month.
>The farmers will go home but the country will not get the agricultural reform it badly needs -- if nothing else, then to prevent a bigger water crisis than already exists, argues T N Ninan.
The impact of GST is particularly stark in the highly fragmented synthetic textile industry, which attracts different GST rates at different stages of production and sale
'India has an advantage because we produce more cotton and we have more workforce.'
Crop loss would the highest in Karnataka (where a little more than 75 per cent of the national output comes from), followed by Kerala and Tamil Nadu.
Young, raw energy from India's engineering colleges on display!
Since the disastrous 2005 floods, that crippled Mumbai, little work has been done on disaster management and relief preparations.