Moody's Ratings on Tuesday projected general government debt to stabilise above 80 per cent of GDP over the next three years, down from 89.3 per cent in 2020-21. "General government interest payments to fall to around 24 per cent of general government revenue over the next two years from over 28 per cent in fiscal 2020-21, although this remains much higher than the median 8.7 per cent recorded by Baa-rated peers," Moody's Ratings associate managing director Gene Fang said in a post-Budget reaction.
The Centre has directed the Pune police to apprise it of the marital status of the parents of controversial IAS probationer Puja Khedkar amid allegations that she fraudulently availed of the OBC non-creamy layer benefit in the Union Public Service Commission (UPSC) exam by claiming that they were separated, an official said.
The government on Tuesday proposed to launch a mission to give fillip to the domestic output of critical minerals like copper and lithium, their recycling as well as acquisition of such assets abroad. Presenting Union Budget for 2024-25, Finance Minister Nirmala Sitharaman also said the government will launch the auction of the first round of offshore mining blocks.
In a bid to provide jobs to the youth, Finance Minister Nirmala Sitharaman on Tuesday proposed to launch an ambitious scheme for providing internship opportunities in 500 top companies to 1 crore youth over a five-year period.
These schemes will be based on enrolment in Employees' Provident Fund Organization (EPFO), Sitharaman said in the Lok Sabha.
A gazette notification issued on Friday by the Union home ministry notes that Emergency was declared on June 25, 1975, following which there was "gross abuse of power by the government of the day and people of India were subjected to excesses and atrocities".
Te Congress slammed the Centre's order, alleging that Prime Minister Narendra Modi wants to politicise employees on an ideological basis.
The high commission of India in Dhaka and the assistant high commissions in Chittagong, Rajshahi, Sylhet and Khulna have been assisting in the voluntary return of Indian nationals, he said.
The government has issued an advisory to satellite television broadcasters to seek authorisation from India's space regulator IN-SPACe for using non-Indian satellites from April 1 next year.
A video of a teacher coming to work in an inebriated state at a government school in Madhya Pradesh's Shahdol district surfaced on social media, prompting the authorities to order a probe, an official said on Sunday.
In a major setback to Delhi's Aam Aadmi Party government, the Supreme Court on Monday ruled that the law 'expressly enables' the lieutenant governor to nominate aldermen to the Municipal Corporation of Delhi (MCD) and he is not bound by the advice of the council of ministers in the matter.
India's medal prospects took a hit with the exclusion of hockey, shooting, cricket, badminton and wrestling from the 2026 Glasgow Commonwealth Games.
In a written reply, Singh said NASA has identified a private entity Axiom Space and ISRO had signed a Space Flight Agreement with the American firm for the joint mission to the International Space Station.
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