Expressing commitment to augment the country's infrastructure, Finance Minister Nirmala Sitharaman on Monday proposed to significantly enhance capital expenditure to Rs 5.54 lakh crore in the next fiscal, besides creating institutional structures and giving a big thrust to monetizing assets to achieve the goals of the National Infrastructure Pipeline (NIP). Sitharaman said NIP, that was launched in December 2019 with 6,835 projects, has now been expanded to 7,400 projects and around 217 projects worth Rs 1.10 lakh crore under some key infrastructure ministries have been completed. "For 2021-22, I propose a sharp increase in capital expenditure and thus have provided Rs 5.54 lakh crores which is 34.5% more than the BE of 2020-21," the finance minister said.
Karunanidhi was convinced that using the 2G cases against the DMK and reopening the fodder case against Lalu Prasad Yadav were products of the Congress leadership's short-sightedness. A revealing excerpt from A S Panneerselvan's Karunanidhi: A Life.
In a rare face off, captains of the auto industry have hit out at the government for not walking the talk. At an industry event in the capital on Wednesday, R C Bhargava, chairman of India's largest carmaker Maruti Suzuki, and Venu Srinivasan, chairman of TVS Motor, questioned the government's intent to support the auto sector. Revenue secretary Tarun Bajaj sat in the audience listening, before his turn came to counter them.
'If the mandis were not working in Delhi, or the onion market in Nashik got affected, or there were disruptions because of unloading or loading in any sector in south India, we intervened.'
The Modi government wants to have a smooth relationship with the DMK government.
Hike in planned public-sector capital expenditure will be credit-positive for infra cos
The House witnessed three adjournments in the pre-lunch session as proceedings continued to be disrupted by a slogan- shouting opposition members, particularly, the Congress
The Union home ministry on Tuesday allowed opening of shops selling school books and electric fans, services of bedside attendants of senior citizens and public utilities including recharge facilities for prepaid mobile phones during the ongoing lockdown.
'I think governments -- whether this one or the ones earlier -- have not understood the strength of the Indian Railways... that it can easily add 2.5 per cent to GDP.'
Rashtriya Janata Dal's Manoj Jha saw the move as an attempt to have a 'committed bureaucracy'.
There is no direct impact of the Russia-Ukraine crisis on India in terms of bilateral trade but a surge in oil prices poses considerable risk to the economy, an analyst report said on Friday. International oil prices which have surged past $100 per barrel "pose risks to external stability and currency movement," a Bank of Baroda Economics Research report said. Russia has launched military operations against Ukraine, stoking fears of significant disruption in the region, including loss of life. The West is ramping up financial sanctions against Russia and support for Ukraine.
Life virtually came to a grinding halt across Tamil Nadu as the state woke up to deserted streets with shops, including eateries, remaining shut in the wake of the demise of Tamil Nadu Chief Minister J Jayalalithaa.
As the Centre's decision ahead of the end of the 40-day lockdown brought cheers to lakhs of migrant workers across the country, quarantine centres and shelter homes were also being readied for the returning migrants with Uttar Pradesh alone preparing to receive an estimated 10 lakh people.
Move to help India export hi-end vehicles.
Delhi recorded an air quality index of 315 at 11:10 am. The last time the air quality hit such a poor level was in February.
Nitin Gadkari has seven portfolios, but does not seem weighed down at all by the many things on his plate. The minister is brimming with ideas...
Parliamentary Affairs Minister M Venkaiah Naidu charged that the Central Bureau of Investigation was misused by the then United Progressive Alliance government to harass its political opponent and 'defame' the then Gujarat chief minister Narendra Modi.
JD(S) will help them build a competing app, which, will work on a cooperative model, where drivers will own the app and will decide prices which the customers will have to pay
Pakistan's foreign minister Shah Mahmood Qureshi tweeted, 'Prime Minister Imran Khan will break ground at Kartarpura facilities on 28 November.'
Petrol and diesel prices were hiked for the fourth consecutive day on Saturday by 35 paise per litre, pushing the total increase in rates on petrol to Rs 36 per litre and on diesel to Rs 26.58 since early May 2020 when taxes on the two fuels were raised to record levels. Petrol in Delhi now costs Rs 107.24 a litre and diesel comes for Rs 95.97, according to a price notification of state-owned fuel retailers. The latest increase that follows the unrelenting hike in international oil prices has pushed pump rates across the country to their highest-ever levels.
While Prime Minister Narendra Modi said Kalam had left an irreplaceable void, Union Urban Development Minister M Venkaiah Naidu said the Centre has decided to include Rameswaram in AMRUT by relaxing norms as a tribute to the former president.
Pitching for making the country's 7,500-km long coastline an "engine of growth", Prime Minister Narendra Modi on Thursday said India wants to mobilise Rs 1 lakh crore investment to enable port development and invited global community to invest.
Around 52.46 per cent of the patients have recovered, the health ministry said. The number of active cases stood at 1,53,178 while 1,80,012 patients have recovered, it said in the daily COVID-19 update.
'The reshuffle was expected to show some sign about the BJP's awareness of the looming difficulties.'
'But there is no certainty that the new inductees will be able to breathe life into the government,' says Amulya Ganguli.
The President may not have agreed with the government on many occasions. Not once was this ever made public -- though he told off ministers in private.
With lakhs of these workers stranded on highways and inter-state bus terminus, the government stepped in and asked states and union territories to immediately set up relief camps for migrant workers and others who are returning to their home states or trying to do so during the nationwide lockdown period.
India on Tuesday pressed six more teams of National Disaster Response Force personnel into its relief and rescue operations in Nepal.
From farmers to cement, steel, logistics, transportation and automobiles, the back-end is struggling to get going due to the liquidity crisis.
The 21-day coronavirus lockdown in force since Wednesday has triggered a mass exodus of migrant workers across the country since the last few days.
Court documents show that the Kerala government, whose case was treated as the 'lead case' among all the petitions filed against Adani, made four allegations to convince the court to cancel the contract for the Thiruvanathapuram airport. The state's legal team couldn't substantiate most of these allegations with documentary proof and its self-defeating arguments in court failed to convince the judges to cancel the contract given to Adani. The battle for the Thiruvananthapuram airport between the Communist-led Kerala government, the Adani group and the Modi government over the past year hasn't had a dull moment since the proceedings began. Claims of a smoking gun turned out to be a damp squib, says Sai Manish.
As the virus continued to spread its tentacles across India, several parts, including Kashmir valley headed towards a virtual lockdown with the administration restricting movement of people in several parts and banning all public transport in Srinagar city.
India is served by BS-IV fuel in cities such as Mumbai, Chennai, Delhi and BS-III fuel in the rest of the country.
'Our target is to award Rs 25 lakh crore worth of projects that would result in creating 25 million jobs'
Though authorities and NGOs have made arrangements for their food, most of them want to go back to their native places to escape the hardship brought by the sweeping curbs.
Earning numbers of blue-chips, including ITC and SBI, due tomorrow.
Govt to introduce an hovercraft on the Yamuna river.
Following the Budget being announced by Finance Minister Arun Jaitley, leaders across the political spectrum provided their views.
Around 200 Delhi, Andaman and Nicobar Islands-cadre officers have threatened to go on mass leave on Thursday in solidarity.
Every time a filmmaker wishes to explore history or religion on his or her terms, self-appointed experts and limelight-seeking zealots swoop in to protest, says Sukanya Verma.
"As far as the demands of some students to shift the NIT campus out of Srinagar is considered, let me make it clear that it won't be possible," she said.
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