Finance Minister Nirmala Sitharaman on Tuesday said monetisation of Central Public Sector Enterprises (CPSE) assets is based on the principle of value creation for the government and investors and would bring about a paradigm shift in infrastructure augmentation and maintenance. Chairing the National Workshop with the states/UTs on Asset Monetisation organised by Niti Aayog, the minister sought the collaboration of states for the holistic development of infrastructure. She said India can become a $5 trillion economy, while striking the right balance between fiscal imperatives and socio-economic welfare, through active collaboration between the public and private sector.
The fall was led by L&T, IndusInd Bank, PowerGrid, NTPC, TCS, ICICI Bank, Axis Bank, Hero MotoCorp, Bharti Airtel and SBI, declining up to 2.64 per cent.
Finland's Valtteri Bottas took pole position for the Russian Grand Prix on Saturday with Mercedes team mate and Formula One leader Lewis Hamilton having to settle for second place on the starting grid.
KAPP-3, the country's 23rd nuclear power reactor, is a 700 MW Pressurised Heavy Water Reactor (PHWR) designed indigenously, the NPCIL said in a release. The components and equipment for the reactor have been manufactured by Indian industries, and its construction was undertaken by various Indian contractors, it said.
BSF troops guarding over 180 km of IB with Pakistan have strengthened their observation posts and 'listening posts' to keep a close watch against any intrusion by drones.
Kotak Bank was the top gainer in the Sensex pack, ending 4.31 per cent higher. PowerGrid, TCS, ICICI Bank, SBI, HCL Tech, NTPC, Infosys, Bajaj Finance, HDFC duo, ONGC, Vedanta and IndusInd Bank too rose up to 2.84 per cent.
Other losers included HCL Tech, Yes Bank, IndusInd Bank, TCS, ONGC, Bajaj Finance, PowerGrid, Vedanta, Asian Paints, NTPC and Hero MotoCorp, which shed up to 4.07 per cent.
India needs to fix policy paralysis in order to reach teh top slot in solar power.
Among the Sensex pack, Yes Bank, L&T, HDFC, RIL, HDFC Bank, PowerGrid and Coal India were the biggest losers -- falling up to 2.43 per cent.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
By virtue of this show, Sahara Force India collected six points from the race and consolidate its fourth position at the Constructor's standings with 101 points.
The 119 nearly identical construction sites, that could potentially house powerful weapons capable of reaching the American mainland, are similar to those seen at existing launch facilities for China's arsenal of nuclear-tipped ballistic missiles, the report said.
Earlier in the day, Russia was banned from defending its Davis Cup and Billie Jean King Cup titles but its players will still be allowed to compete at the Grand Slams and in regular tour events.
Tirthak Saha is living the American dream, but his work has a typically Indian context.
Signals received from the government in the past one year reflect a state of utter confusion, says Abhishek Tripathi.
Red Bull's Max Verstappen won Formula One's 70th Anniversary Grand Prix at Silverstone on Sunday to end Mercedes' run of domination and become champion Lewis Hamilton's closest challenger.
The front row lockout was a record-equalling 65th for champions Mercedes.
Lewis Hamilton seized pole position in the dying seconds of qualifying for the first Portuguese Grand Prix in 24 years on Saturday to deny and dismay Mercedes team mate Valtteri Bottas once again.
Central transmission utility PowerGrid Corp said on Saturday it plans to invest Rs 55,000 crore (Rs 550 billion) in the next five years to expand the national grid capacity to transmit 37,000 MW of electricity by 2012.
Red Bull's Max Verstappen celebrated his first Formula One pole position at the Hungarian Grand Prix on Saturday.
Chief Minister Sheila Dikshit on Wednesday complimented senior officials of her government for successfully pressing into service disaster management mechanism in various metro stations, market places and key street intersections following the collapse of Northern Grid.
Nico Rosberg led from pole to flag to win the Singapore Grand Prix on Sunday and celebrate his 200th Formula One race by retaking the championship lead from Mercedes team mate Lewis Hamilton. After a chaotic start that brought out a safety car on the opening lap, Rosberg stayed clear of a late charging Daniel Ricciardo in a Red Bull at the Marina Bay Street Circuit as Hamilton completed the podium in third place.
In the Sensex pack, Tata Motors was the biggest loser, shedding 3.29 per cent, followed by ICICI Bank, IndusInd Bank, Infosys, HCL Tech, Axis Bank, TCS, HUL, Asian Paints, Sun Pharma, SBI, Tata Steel and NTPC, which dropped up to 3.23 per cent.
Piyush Goyal emphasised that India is committed to pursue a green path to growth.
Oil India and other PSUs had filed clarificatory /modificatory petition before the Supreme Court. These companies own and operate telecom networks though they do not provide telecom services.
Top gainers in the Sensex pack included Hero MotoCorp, Maruti, M&M, Bajaj Auto, HUL, HCL Tech, Bajaj Finance, ITC, HDFC and L&T, rising up to 7.51 per cent.
Force India had something to cheer about. Paul Di Resta delivered a great result for Sahara Force India by finishing sixth, his second-best of the season, while Adrian Sutil came 10th in the Abu Dhabi Grand Prix on Sunday.
In absence of drinking water and electricity during the mid-May summer, life in the coastal districts remained derailed even four days after the calamity.
'The urge to name the upcoming Navi Mumbai airport after well-known personalities and the equally strong urge to rally in large numbers supporting this name and that; all of this amidst COVID-19, felt deplorable,' asserts Shyam G Menon.
The country faced a major power crisis for the second consecutive day as three grids serving northern, eastern and northeastern regions failed on Tuesday afternoon, leading to 200 coal miners getting trapped in West Bengal and throwing normal life out of gear in 22 states.
Max Verstappen won Red Bull's home Austrian Grand Prix on Sunday while Lewis Hamilton suffered his first race retirement since 2016 and lost the Formula One championship lead to Ferrari's Sebastian Vettel.
Over 200 heavily armed militants were waiting across the Line of Control to infiltrate into Jammu and Kashmir, a senior army officer on Monday said but asserted that troops are fully geared to thwart their nefarious designs.
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The government wants to generate 100,000 Mw of solar power by 2022.
Sahara Force India made a promising start to the 2017 Formula One season with a double points finish through Sergio Perez and Esteban Ocon at the Australian Grand Prix in Melbourne, on Sunday.
Images from the Tuscan F1 Grand Prix held at at Mugello, Scarperia e San Piero in Tuscany, Italy, on Sunday.
Yes Bank was the biggest gainer in the Sensex pack, rallying 11.48 per cent amid reports that private equity firms have showed interest in buying a major stake in the private sector lender.
Mumbai was spared due to the immediate islanding by the Tata Power Company and was ensured power supply by TPC and Reliance's BSES.
Formula One managing director Ross Brawn this week outlined plans for going back to racing, with health checks and isolation in the paddock, and believed the sport could provide a safe environment.
Karun Chandhok is in the final stages of talks with Campos Meta Formula One team for a drive in the 2010 season, his manager said on Friday. Spain's Campos, one of four new teams in an expanded F1 grid in the new season, have so far named only one driver, Brazilian Bruno Senna, nephew of late F1 world champion Ayrton Senna and Chandhok's former GP2 team mate.
