KAPP-3, the country's 23rd nuclear power reactor, is a 700 MW Pressurised Heavy Water Reactor (PHWR) designed indigenously, the NPCIL said in a release. The components and equipment for the reactor have been manufactured by Indian industries, and its construction was undertaken by various Indian contractors, it said.
The government is seeking to keep its fiscal deficit within the budgetary target of 4.8 per cent of GDP.
Paid Rs 15,474 cr against CIL's Rs 13,075 cr in FY15
An insatiable quest for personal propaganda, event management and attractive slogans has made Modi sovernment as 'catch headline government'
Pressure on the government increased with the Reserve Bank of India's surprise move on Thursday to cut interest rates
What political leaders and twitterati had to say about India's response to the Uri attack.
National carrier Air India is running in losses and needs government's attention.
Assocham president Niranjan Hiranandani said his talks with government officials showed dues to industry and states were pending in the form of refunds of income tax, value-added tax, and GST, and compensation, payments to discoms in the power sector, fertiliser subsidies, etc.
The Union Cabinet, headed by Prime Minister Narendra Modi, also observed silence for two minutes in the memory of Mukherjee.
Consumption of cement, steel, and bitumen is to get a boost of Rs 42,000 crore (Rs 420 billion), as the National Highways Authority of India has announced to award 7,994 km of highway projects in the current financial year.
The government's disinvestment programme is set to get a boost this Diwali, with the finance ministry planning to hit the market to sell a five per cent stake in Steel Authority of India Ltd (SAIL) by October.
From 5G to Tesla to Covid vaccine, 10 things will shape India's future.
India Inc was, perhaps, watching out for a repeat of the dot-com bubble burst of the early 2000s.
Several protests -- some peaceful, some violent -- erupted across India on Monday against the police crackdown in Jamia Millia Islamia and the controversial citizenship law as students and political leaders took to the streets, even as Prime Minister Narendra Modi called these protests "deeply distressing" and appealed for peace.
So far, among the IBC cases, SBI has been able to recover Rs 8,500 crore from Tata Steel's acquisition of Bhushan Steel. Another Rs 1,500 crore is in an escrow account on account of Electrosteel Steels.
India Inc on Friday said the hike in railway passenger and freight fares will help in resource mobilisation, hoping that the higher fares will lead to better quality and safety of services offered by the Indian Railways, while asking the government to allow FDI in Railways.
While Modi must worry about the electoral backlash of bailing out state-owned banks, China's communist rulers face fewer constraints.
While she primed up spending on infrastructure to create jobs and boost economic activity, Sitharaman did not tinker with income tax slabs or tax rates. Her Budget for the fiscal year beginning April 2022 proposed a massive 35 per cent jump in capital expenditure to Rs 7.5 lakh crore, coupled with rationalisation of customs duty, an extension of time for setting up new manufacturing companies and plans for starting a digital currency and tax crypto assets.
Taking strong exception to former West Bengal chief secretary Alapan Bandyopadhyay skipping a meeting of Prime Minister Narendra Modi, government sources on Wednesday said his conduct has made a severe dent to Indian Administrative Service and it could lead to anarchy.
Indeed, there were frauds, and the politician-banker-industrialist nexus played a role in the rise of NPAs, but governance issues in Indian banking are far more nuanced and complex, reveals Tamal Bandyopadhyay.
The government will decide in August whether to sell a 5 percent stake in ONGC, a senior oil ministry official said, in a deal that would be worth $2.9 billion at current market prices.
Very few today realise that without Brigadier John Dalvi's courage, we would never have known what really happened during those tragic days of October/November 1962, reveals Claude Arpi.
Passenger vehicle wholesales in India slipped to a 10-year low in the April-December this fiscal, and the industry will have to work hard to regain better volumes and business health, industry body SIAM said on Thursday.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
These 10 cities have maintained cleanliness throughout
The steel major, which had shifted its headquarters to Luxembourg had approached the authorities for related licenses.
The target announced is 13.6 per cent higher than that set last year and 145.4 per cent higher than the revised target for 2013-14.
Prime Minister Narendra Modi's decision to open commercial coal mining to private players is a key step towards bringing order to the country's chaotic power industry and ending the chronic blackouts that impede its economic rise.
'I feel more like a chess player, thinking for long hours how to make the next move," Telecom Secretary Aruna Sundararajan tells Surajeet Das Gupta.
No one can fault India Inc for not taking care of shareholders; in fact, it has been extra generous.
It has so far managed to raise only Rs 1,700 crore (Rs 17 billion), by divesting a 5% stake in Steel Authority of India.
Bengaluru now have two draws in a row and their first clean sheet but languish at second-last with just six points.
'By not only decriminalising routine business failures, but by ensuring that institutional lending and corporate rescue frameworks are strengthened via the IBC, the prime minister has ensured there is no room anymore for the proverbial 'reckless, prodigal debtor',' notes Sanju Verma.
'There was no pressure and I was taking it (Olympics) just like any other event. It was like I have played against these athletes before and there's no reason to worry. I was able to focus on my performance. That has helped me win gold.'
LHB coaches are safer. Two high-level railway safety commissions came down heavily on ICF coaches, recommending their replacement by LHB, says Bibek Debroy.
In a conversation with Rediff.com's Indrani Roy veteran civil engineer Subhash Bhattacharya tries to ascertain the causes behind the collapse of the Vivekananda Setu, an under-construction flyover in Kolkata last Thursday.
'And because she was very close to Indira Gandhi, she was close to me.' 'Sonia is a wonderful person'
When a trial for a murder is going on -- with no end in sight -- more than ten years after the crime took place, it will not feel like the murder happened yesterday.
Mistry is not the first Tata bigwig to be ousted and Tata is not the only big name which saw a doyen or two leave
