Finance Minister Nirmala Sitharman on Monday announced a Rs 12,000 crore interest-free 50-year loan to states for spending on capital projects in a bid to boost economy. The loan is over and above borrowing ceilings of the states and the repayment will be one bullet payment after 50 years, she said.
Adani Group on Thursday said it has formed a 50:50 joint venture with Japanese conglomerate Kowa Group for sale of green hydrogen in Japan, Taiwan and Hawaii markets. Billionaire Gautam Adani-led conglomerate is investing up to $50 billion over the next 10 years in setting up a fully integrated green hydrogen ecosystem in India. This includes the production of 1 million tonne of green hydrogen in the initial phase which will be ramped up to 3 million tonne later.
Former Goa minister Churchill Alemao has filed a fresh bail application before the special court in connection with the Louis Berger bribery case.
'The government has put in a lot of effort to provide infrastructure for the industry.'
Only traces of rainfall were recorded in a few areas of the national capital on Thursday which continued to experience sultry weather.
N Sathiya Moorthy explains how the recent floods may complicate the Cauvery issue among Tamil Nadu, Karnataka and Kerala
'The government has put in a lot of effort to provide infrastructure for the industry.'
In order to achieve $5 trillion GDP by FY'25, India needs to spend about $1.4 trillion over this period on infrastructure, according to the Economic Survey. During financial years 2008-17, India pumped in about $1.1 trillion on infrastructure. However, the challenge is to step up infrastructure investment substantially, the Economic Survey 2021-22 said.
Gadkari said the water of these 'Eastern rivers' will be diverted and supplied to Jammu and Kashmir and Punjab.
Incessant rains unleashed more death and destruction on Monday in parts of north India, with 37 people killed in landslides and other rain-related incidents in the last two days even as the Army and NDRF teams stepped in to intensify the relief and rescue operations.
Flooding in Jummagad river flowing near Jumma village on the Joshimath-Niti highway, about 45 km from Joshimath, continued till late night on Monday evening, during which the bridge collapsed.
Amid the excitement over the arrival of Cheetahs in the Kuno National Park, villagers in the surrounding areas of Madhya Pradesh's Sheopur district have a variety of concerns including the fear of land acquisition and the fear of the big cat itself.
Stocks to watch: BHEL, L&T, IRB Infra and Suzlon
The capacity of the proposed facility, part of Indian Oil's Rs 56,000-cr investment plan during the 12th Plan, will be five mt a year.
During the meeting, Pakistan was expected to highlight concerns about the three Indian hydro projects being built on the rivers flowing to Pakistan.
Chief Minister Sukhvinder Singh Sukhu said efforts are on to rescue the 300 stranded people, and they could be airlifted as the weather clears. Power and water supply has been snapped in several areas.
BJP candidate from Ballari City G Somasekhara Reddy has said his brother's wife and rival Kalyana Rajya Pragati Paksha (KRPP) candidate Aruna Laxmi is a 'housewife and has no idea about the problems of the constituency'.
Secretary of Pakistan's ministry of water resources Khawaja Shumail said: "We have neither concern nor objection if India diverts water of eastern rivers and supplies it to its people or uses it for other purposes, as the IWT allows it to do so."
It has been a week since 41 labourers got trapped inside an under-construction tunnel at Silkyara in Uttarakhand's Uttarkashi district after parts of the structure collapsed following a landslide last Sunday.
According to officials, the Ganga was flowing at 463.20 metres following which water filled up in Sangam Ghat, Ramkund, Dhaneshwar Ghat and Fuladi Ghat. There was also a tremendous jump in the water level of the Ganga after 2,000-3,000 cusecs of water was released from the dam of the GVK hydroelectric project built on the Alaknanda river.
Existing optimism about the capital goods sector has been enhanced by the Assembly election results, which were favourable for the BJP. The prospects of political continuity led to renewed interest in the sector. There are demand-supply gaps, especially in power, and visibility of improved pricing and strong order flows, including from private enterprises.
This period of strong growth not only offers opportunities but also calls for strategic considerations to ensure sustainable development and equitable prosperity in the years to come, suggests Sujan Hajra.
Setting up a system is not very complicated and costs can be Rs 2-3 lakh for a 100-apartment society
In a step towards diversifying its resource base and securing green energy minerals, India is poised to launch its first-ever offshore mineral auction in the first quarter of 2024, announced Union Minister of Mines Pralhad Joshi during the launch event of the National Geoscience Data Repository portal. The government plans to hold auctions in March, offering 10-15 blocks for bidding. Meanwhile, the ministry of mines is currently developing rules and regulations for offshore mining.
The chief minister briefed the prime minister about the rescue operations in detail and said all the trapped workers are safe with oxygen, nutritious food and water being constantly supplied to them.
Despite Chief minister Devendra Fadnavis' ambitious plan, 40 per cent of the state is reeling from drought and its water tanker economy is booming. As of February 2019, the state government declared drought in 151 of the 358 talukas.
Russian oil supplies to India will continue to flow unhindered and suppliers will come up with ways to sidestep secondary sanctions, a Russian official told Business Standard.
The Maharashtra government has decided to reduce the value added tax (VAT) on petrol and diesel by Rs 5 and Rs 3 per litre respectively, Chief Minister Eknath Shinde said in Mumbai on Thursday.
After the Ladakh fiasco where Xi Jinping did not expect the Indian Army to resist his land-grabbing tactics, he has to save face before his colleagues in the Communist party.' To bring the threat of a mega-dam to the northern Indian border is a clever move, observes Claude Arpi.
Forty per cent of population will have no access to drinking water by 2030 and 21 cities, including New Delhi, Bengaluru and Hyderabad, will run out of groundwater by 2020.
It will be difficult for the AAP govt to maintain subsidies.
Each bottle of pickle that leaves FarmDidi, headed to a consumer, has a little kahani behind it -- it's linked to the tale of a life, the life of a simple, striving village woman who created it, and that's what gives Manjari Sharma satisfaction and happiness.
Conveying good wishes to people of the state and all political parties for the New Year, he however wished that the Congress comes to power.
The compulsion behind India and Japan to deepen security cooperation is in response to China's growing political and economic clout and its assertive behaviour in disputed areas. This has been the key driver for bringing both India and Japan closer in the domain of security cooperation, explains Dr Rajaram Panda.
The relationship between the US and India has been very productive, in particular on the trade and technology front, and 2023 can be considered the best year historically for bilateral ties, according to a former top American trade official. Arun Kumar, an Indian-American, who served as the assistant secretary of Commerce for Global Markets and director general of the US and Foreign Commercial Service (USFCS) during the Obama administration, said this during an interview with PTI in Washington. "Looking back on 2023, it was a very productive year for the US-India relationship, by many accounts the best year historically," he said.
The BJP's massive victory will make it hard for the party to derive a criterion for selecting ministers, as the claimants will be many and the berths, few.
At first look, the reader would be aghast at the similarities in the DMK and AIADMK's manifestos, wondering if the same hand had drafted both. Yet, when it comes to drinking water and irrigation supplies, both parties are equally silent on the subject -- as if summer did not exist, as didn't water scarcity, says N Sathiya Moorthy.
Can the newly-minted Jal Shakti ministry bring water to some 19 crore Indian households that have never had taps or heard the sound of flowing water, wonders Vinayak Chatterjee.
'China is struggling to get out of its property bubble.' 'Japan took 35 years to walk out of its equity bubble.' 'Bubbles can be difficult to forecast.'
'aris can be boiling hot in July. The choice of viscose over cotton was deliberate. Cotton would have crushed badly. We used viscose because it is a wood pulp fibre and lets you breathe. It is cooler than silk. We had to consider breathability because the athletes would be on a barge, in the heat, for up to five hours.'
