The government on Thursday rolled out the internship programme on a pilot basis that will provide a total annual financial assistance of Rs 66,000 to those in the age group of 21-24 years, and aim to cover one crore youth over five years.
Risks emerging from the US have left automotive investors worried. US President Donald Trump has announced 25 per cent tariffs on automotive imports, while global electric carmaker Tesla has taken its first steps towards entering India. While these developments are sentimentally negative for related stocks, it may be too early to conclude the eventual impact, analysts said.
Prime Minister Narendra Modi on Friday slammed the Aam Aadmi Party as an 'aapda' (disaster) for Delhi, saying this 'aapda' had taken the national capital in its grip in the past 10 years.
Exporters on Thursday sought a fund of Rs 750 crore for three years to tap USD 25 billion export potential in the US, aiming to seize potential opportunities that may arise as the US President-elect, Donald Trump, has threatened to impose high tariffs on Chinese goods. In its pre-Budget meeting with the finance ministry, Federation of Indian Export Organisations (FIEO) President Ashwani Kumar has also demanded extension of the five per cent Interest Equalisation Scheme (IES).
Why has the shift from ICE to electric slowed down despite initial enthusiasm?
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'Selling could further intensify and take the index towards 22,800-22,750 in the near-term.'
Zomato on Monday became the first new-age company to join the prestigious 30-share benchmark Sensex, replacing JSW Steel. This milestone marks a significant achievement not only for Zomato but also for the Indian startup ecosystem, which is increasingly making its presence felt in the $5.2 trillion listed ecosystem.
Prime Minister Narendra Modi visited Assam and participated in a grand Jhumoir dance performance, celebrating 200 years of the state's tea industry and the rich cultural heritage of the tea tribe community. He played a traditional drum of the tea tribe community, highlighting the government's efforts to support the tea industry and uplift the tea tribe community. The event, attended by dignitaries and ambassadors from around 60 countries, showcased Assam's vibrant traditions to a global audience.
'While the current pause offers temporary reprieve and alleviates any immediate legal pressure, the long-term implications remain uncertain.'
Budget expectations of rural infrastructure sector.
Terming the charges against him a "BJP conspiracy", Siddaramaiah said he would wage a legal fight.
'The incentives to switch to the new tax regime... are viewed as a negative due to potential loss of customers who buy policies for saving tax.' 'The tax-saving value proposition for the sector reduces.'
The Centre is likely to announce the Agnipath recruitment scheme for the defence forces under which troops would be recruited only for four-year tenures.
Every young diploma and degree holder in the country will have the right to apprenticeships in the private and government sectors, he said.
Delhi Chief Minister-designate Atishi will have to hit the ground running to accelerate the city government's functioning and ensure that the flagship projects and schemes are back on track in view of the assembly polls due in February.
Dalal Street minnows stole the show in 2024, giving handsome returns to investors, helped by a largely optimistic trend in the stock market and impressive retail investors' participation. Analysts attributed the positive trend in the equity markets, where the benchmark indices shattered many records this year, to robust domestic liquidity, strong fundamentals of the Indian economy, and policy continuity.
The auto major is not just looking at domestic sales, but also planning to ramp up exports to key markets from here, like the Middle East, North Africa and Australia.
The breakfast scheme for government school students from class 1 to 5 was launched in Madurai on Thursday by Tamil Nadu Chief Minister M K Stalin who served and ate the food along with the children.
While the capital spending is being maintained at 3.1 per cent of the GDP, a little more would have boosted economic growth even further, suggests Rajiv Memani.
More than two decades after deserting their village due to Maoists, around 25 tribal families are planning to return to their native place in Chhattisgarh's Narayanpur district.
There are over 1.36 lakh employees, including employees and pensioners under the new pension scheme.
Finance Minister Nirmala Sitharaman on Tuesday proposed enhancing the funding under the PLI scheme for domestic solar cells and module manufacturing to Rs 24,000 crore from the existing Rs 4,500 crore to make India an exporting nation. "For facilitating domestic manufacturing for the ambitious goal of 280GW of installed solar capacity by 2030, an additional allocation of Rs 19,500 crore for PLI scheme for manufacturing of high efficiency (solar) modules with priority of fully integrate manufacturing units for polysilicon to solar PV modules will be made," Sitharaman said in her Budget speech in the Lok Sabha. In April 2021, the Union Cabinet approved a Rs 4,500 crore production linked incentive (PLI) scheme to boost domestic manufacturing capacity of solar PV modules.
Kailash Gahlot, a key minister in the Aam Aadmi Party (AAP) government in Delhi, has resigned, potentially impacting the party's ambitious plan to roll out a Rs 1000 monthly honorarium scheme for women ahead of the Assembly polls in February. Gahlot, who represented the Jat-dominated Najafgarh constituency in West Delhi, cited several issues, including the "Sheeshmahal" controversy over his former official residence, the Delhi government's tussle with the Centre, and the failure to clean the Yamuna River, in his resignation letter. Delhi BJP leaders welcomed Gahlot's resignation, fueling speculation that he could join the party before the assembly polls. However, AAP leaders claimed Gahlot resigned due to pressure from central agencies, including the Enforcement Directorate, and that joining the BJP was his last option. Gahlot's resignation has sparked speculation about his future and the impact it will have on the AAP's electoral prospects.
It was a protest which held a mirror to the government of a state taking pride in its commitment to democracy, gender equality and social indices.One person, who in his employed days had known governments and political parties at close quarters, told me that public perception of how the Kerala government handled the ASHA workers' strike had been terrible, reports Shyam G Menon.
Gautam Adani, India's second-richest man, and seven others including his nephew Sagar have been charged with paying bribes to unidentified officials of state governments in Andhra Pradesh and Odisha to buy expensive solar power, potentially earning more than $2 billion profit over 20 years.
Maharashtra Chief Minister Eknath Shinde has claimed that the poll trends are in favor of the Mahayuti, crediting his flagship initiative, the Mukhyamantri Majhi Ladki Bahin Yojana. He expressed gratitude to the people of the state for their support and asserted that the outcome increases their responsibility. Shinde clarified that the alliance doesn't have a definitive formula for the chief minister's post, with a decision to be made by senior leaders from the three parties.
Apart from recruiting 18,000 women in state's police force, Thackeray said all female police stations will also be established in Maharashtra.
Adani Green Energy Ltd, the renewable energy arm of billionaire Gautam Adani's conglomerate, on Thursday scrapped a Rs 600 million bond issue after its promoter was charged in an alleged bribery case in the US. Hours before the US prosecutors charged Gautam Adani and associates with participating in a scheme to pay over Rs 250 million bribe to Indian officials in exchange for favourable terms for solar power contracts, the firm sold a 20-year green bond in the US-investment-grade market.
'More than 9.5% new voters have been added to the electoral voters' list compared to the 2024 Lok Sabha election.' 'This led to an increase in about 5% to 6% in total votes polled for this assembly election.' 'That has tilted hugely in our favour because we worked hard for registration of these voters and concentrated on bringing out these new voters out during this assembly election.'
'I am optimistic about the Budget because of the fiscal discipline the government has committed to.'
Aam Aadmi Party MLA Mukesh Ahlawat will be the new face in the Delhi cabinet headed by Atishi, who will be sworn in as chief minister on September 21, and four ministers will be retained, the party said on Thursday.
India's premier defence research organisation DRDO has awarded seven new projects to private entities to develop key military assets including underwater launched unmanned aerial vehicle and long-range remotely operated systems.
On Republic Day the President recognised the daring rescue of 41 workers trapped in a tunnel for 17 days in 2023 by humble rat-hole miners. The award hopefully will bring the forgotten superheroes back into the light.
The pre-sales volume of Godrej Properties (GPL) for third quarter of the financial year 2025 (Q3FY25) declined 6 per cent year-on-year (Y-o-Y) -- down 21 per cent quarter-on-quarter (Q-o-Q) -- to 4.1 million square feet (msf), resulting in a pre-sales value of Rs 5,450 crore, down 5 per cent each Y-o-Y and Q-o-Q. About 77 per cent came from newly launched projects. For 9MFY25, pre-sales were up 48 per cent Y-o-Y to Rs 19,300 crore.
The government has said it is constantly working towards reviewing the improving the MPLAD scheme.
United States President Donald Trump for the fourth time in recent days claimed that the Biden administration allocated $21 million funding to India for 'voter turnout', evoking a sharp response from the Congress which urged Prime Minister Narendra Modi to 'talk to his friend' and strongly refute the allegation.
The Bharatiya Janata Party on Sunday promised to enact an-anti conversion law with stringent provisions in Maharashtra, and also assured a skill census for training as per industry needs as well as free ration to low-income families.
The Mysuru Urban Development Authority (MUDA) case over which the Karnataka Governor Thaawarchand Gehlot accorded sanction for investigation against Chief Minister Siddaramaiah has its origins more than three decades ago.
The Indian Diaspora has been able to carve a niche in their adopted countries as a result of their talent, perseverance and hardworking nature, asserts Rup Narayan Das.
