West Bengal Chief Minister Mamata Banerjee Wednesday said that the focus of the Trinamool Congress government will be on industrial development in the state for which packages will be drawn up. Speaking at the inaugural session of ABP Infocom virtually, Banerjee said the target of the government now is to promote development of industry in West Bengal and all industries will be given equal importance. "Our state is number one in imparting social justice. "Now our target is industry. More importance will be given to it now. Packages for the industry will come", she said adding that West Bengal will be the new industrial destination in the country.
At an Onam celebration that took place recently at the Indian consulate in Dubai, Muraleedharan said nobody knows how legendary king Mahabali got linked with the celebrations.
Will space tourism with a niche market of serving only the uber-rich ever be profitable, asks Kumar Abishek.
Reliance Industries chairman Mukesh Ambani might have made news for purchasing the most expensive beach-side villa in Dubai recently, but he is not the only Indian eyeing the city for investment. Since Dubai allowed foreign investors full ownership in specific sectors in June 2021, a horde of Indian companies have moved or expanded into the desert city. The list even includes a kindergarten, an elementary and middle school, and a hotel that has sought 100 per cent ownership.
In a ceremony on Monday on the occasion of Parakram Diwas, Prime Minister Narendra Modi named the 21 largest unnamed islands of Andaman and Nicobar after Param Vir Chakra awardees.
The tour will include a 14-day quarantine-cum-training period in Sydney starting November 12 for the Indians who will fly in after the IPL final on November 10.
Uttarakhand minister Satpal Maharaj said an inquiry will be conducted to find out how multi-storey buildings were allowed to be constructed in Joshimath which has been sinking for at least 20 years.
The upper reaches of Kashmir valley witnessed the first snowfall of the season. The weather department has predicted bad weather for a few days. Snowfall at hill stations like Gulmarg and Pahalgam also brings the hope of revival of tourism in the area which has been severely hit for most of the year due to the coronavirus pandemic.
A hotel in 1975, entry into paperboards in 1979, India's dominant cigarette maker, ITC, read the tea - or tobacco - leaves early, leveraged its enterprise strengths and stepped up the diversification agenda to create multiple drivers of growth. Some failed, some faltered, some were transformational, adding steadily to the top line. Now those efforts are making a difference: margins from non-cigarettes - FMCG, hotels, agri, paperboards, paper and packaging - are expanding and profits are kicking in more significantly than ever before.
The country's largest airline IndiGo and Air India have asked passengers to reach Delhi airport at least 3.5 hours prior to domestic departures.
According to state officials, the project envisages lifting of 17.40 thousand million cubic feet of water from river Thunga to Bhadra reservoir and 29.90 TMC from Bhadra reservoir.
Azerbaijan said on Thursday that it is open to dialogue with Armenia and if India comes up with some proposal to bring stability in the region, Baku will welcome such initiatives, hours after the two arch-rivals believed to have negotiated a cease-fire to end the recent hostilities between them.
Prime Minister Narendra Damodardas Modi attended an event organised for Abhidhamma Day in Kushinagar, Uttar Pradesh, which saw the participation of Buddhist monks from many countries.
Singapore Airlines' deal with Tata Sons (Tata) will inject a further SGD 360 million ($267 million) into Air India. It will give SIA a 25.1 per cent stake in the enlarged Air India group following its takeover by Tata and merger with Vistara Airlines. The November 2022 deal between Singapore Airlines and Tata Sons to further inject $267 million into Air India is one of the key strategic initiatives for future growth mentioned in the quarterly financial report. This agreement is still subject to regulatory approval. SIA in the statement said, "The merged entity will be four to five times larger in scale compared to Vistara, with a strong presence in all key airline segments in India.
Chahal will play a key role in India's campaign at the T20 World Cup
The development comes days ahead of the Prime Minister Narendra Modi's visit to the state to inaugurate various projects.
Could it have been more reformist? Of course, but this is an election year Budget, observes Akash Prakash.
In his address after more than 75,000 people were given appointment letters for various government jobs in the first tranche, Modi acknowledged the challenges facing the economy the world over with many countries hit by a record inflation and unemployment and said India is making every effort to come out of the situation unscathed.
A statement issued by the presidential media division on Friday said an extremist group was behind the unrest near President Rajapaksa's residence in Mirihana.
Only NIIF has stayed the course as a viable infrastructure financing institution.
The number of subsidence-affected homes rose to 678 while 27 more families were evacuated to safety, a bulletin from the Disaster Management Authority in Chamoli said, adding so far 82 families have been shifted to safe locations in the town.
Sounding a note of caution, former Reserve Bank Governor Raghuram Rajan has said that India is "dangerously close" to the Hindu rate of growth in view of subdued private sector investment, high interest rates and slowing global growth. Rajan said that sequential slowdown in the quarterly growth, as revealed by the latest estimate of national income released by the National Statistical Office (NSO) last month, was worrying. Hindu rate of growth is a term describing low Indian economic growth rates from the 1950s to the 1980s, which averaged around 4 per cent.
A blanket ban may be imposed soon on NRIs, PIOs and foreigners having children through surrogacy in India with the Union health ministry and the National Commission for Women proposing it as part of a new legislation.
'I cannot afford to go to court. I cannot afford to lose a case. I will fight the Gandhi way -- peacefully, non-violently, and with determination,' Purshottam Chauhan, a resident of the Sabarmati Ashram, tells Rosamma Thomas. Around him, the homes of former neighbours are rubble. About 300 Dalit families resided within the premises of the Sabarmati Ashram till 2021. Only about 40 now remain.
Hotel infrastructure needs a big boost in the coming years.
"As soon as a grand Ram temple is built in Ayodhya, it will restore the glorious history of Ayodhya," he said.
Many families in the affected area are finding it hard to sever their emotional ties with their homes and move out.
Personal accident cover should be purchased by everyone, irrespective of age, occupation or health condition, as one does not know when an accident could occur, causing hardship to the family.
First Rajya Sabha approved the Rs 45 lakh-crore spending proposed in the Budget, followed by the nod to the Finance Bill that contains tax proposals.
The root of the problem, according to industry officials, is the sudden stoppage of lines of credit to tea plantation companies.
Rahul Gandhi on Wednesday pulled up senior Congress leaders in Jharkhand for factional politics which was harming the party interests in the state.
The couple said that that they were strolling near the railway station at the Fatehpur Sikri after a day in Agra when the group started following them and later attacked.
The IMF on Tuesday projected an impressive 12.5 per cent growth rate for India in 2021, stronger than that of China, the only major economy to have a positive growth rate last year during the COVID-19 pandemic. The Washington-based global financial institution, in its annual World Economic Outlook ahead of the annual Spring meeting with the World Bank, said the Indian economy is expected to grow by 6.9 per cent in 2022. Notably in 2020, India's economy contracted by a record eight per cent, the International Monetary Fund (IMF) said as it projected an impressive 12.5 per cent growth rate for the country in 2021.
Human memory about policy issues is short. That alone can explain why many are deliriously happy with his latest slogans and ignore seven years of poor 'doing business' climate, taxtortion, extortionate oil prices, and high dependence on babus and the big State that has kept the enterprise system stifled, observes Debashis Basu.
Death defying stunts at 2,965 metres above sea level!
More than two dozen officials of the Uttarakhand forest department have been transferred following allegations of large scale felling of trees and illegal constructions in Corbett Tiger Reserve's buffer zone.
Domestic air passenger traffic was back to the growth trajectory in June amid the falling number of COVID-19 cases in the country with around three million passengers flying on local routes in the previous month as against around two million in May, a report said on Tuesday. Though there is some recovery observed in June, stress on demand continues, driven largely by the second wave of the pandemic, limiting travel to only necessary travel, credit rating agency ICRA said in its report. On a sequential basis, domestic passenger traffic was up 41-42 per cent in June over May.
The stock, which is a play on the growth story of Indian Railways, has corrected 15 per cent from its 52-week high level of Rs 2,072.95 scaled on March 9. Yet, this has not deterred brokerages from holding a bullish view on the stock.
To help revive the economy battered by COVID-19, Finance Minister Nirmala Sitharaman on Monday announced a slew of measures, including Rs 1.1 lakh crore credit guarantee scheme for improving health infrastructure, and enhancing the limit under the ECLGS by 50 per cent to Rs 4.5 lakh crore for the MSME sector facing liquidity crunch. Sharing the details of stimulus package, the finance minister said this comprises eight relief measures and other eight measures to support the economic growth. She announced Rs 1.1 lakh crore loan guarantee scheme for COVID-affected sectors, including health sector, which includes guarantee cover for expansion or for new projects. Besides, she said, additional Rs 1.5 lakh crore limit enhancement done for Emergency Credit Line Guarantee Scheme (ECLGS) scheme.
