An assistant engineer with the Maharashtra State Electricity Distribution Company Limited (MSEDCL) in Raigad has been arrested by the Anti-Corruption Bureau for allegedly accepting a bribe of Rs 1.5 lakh.
'We have been insisting that all Boeing 787 aircraft be grounded and checked for the electrical systems.'
Three laws passed in Parliament could boost central revenues, reshape GST cess flows, shift MGNREGA costs to states and create new budget headroom ahead of the 2026-2027 Union Budget, points out A K Bhattacharya.
Experts said that earmarking of funds for public health at par with national security indicates a key policy shift.
The new complex housing the Prime Minister's Office (PMO) will be called 'Seva Teerth', officials said. The renaming reflects a shift towards service-oriented governance and a focus on duty and transparency.
India emerged from the war militarily bruised and strategically altered. The United States, under the guise of friendship, had succeeded in achieving what open alignment never could: The psychological and political repositioning of India within the Cold War order, points out Dr Kumar.
The Congress party has escalated its attack on the BJP-RSS, alleging a conspiracy to silence Rahul Gandhi after a former ABVP leader made controversial remarks targeting him.
'Vigilance' is a dreaded term for PSB employees and there are instances where this fear is misused by the higher authorities to tame their subordinate officials. This fear always deters PSB executives from making decisions -- the fewer the decisions, the less the chance of falling into trouble, points out Tamal Bandyopadhyay.
'Earlier, the NTSB was actively flagging technical issues with Boeing. But now, the narrative is shifting toward 'human error'.' 'That term is often misunderstood -- it could mean pilots, engineers, refueling staff -- anyone.' 'But this framing ('human error') conveniently steers the conversation away from mechanical or design faults.'
Increasing cooperation in critical minerals will top Prime Minister Modi's agenda during his discussions with leaders of Ghana, Argentinia, Brazil and Namibia.
The Indian AI market is expected to grow to over $17 billion by 2027, more than tripling its current size, driven by increased investments in enterprise technology, a flourishing digital ecosystem, and a strong pool of skilled professionals, according to BCG.
Amid a storm surrounding his collaboration with Pakistani actress Hania Aamir, singer-actor Diljit Dosanjh has taken to social media with a cryptic message.
Noting that these three Cs haunt Indian education today, the Congress Parliamentary Party chairperson said in an article that this "carnage" of India's public education system must end.
Do we have enough trained oncologists and medical professionals in India to man these over 4,500 beds in the public sector?
No great achievement or discovery or invention has been achieved without hard work. While the inspiration may have been an insight, it needs work to flesh the insight which requires hard work, asserts Mudit Jain.
Delhi's appeasement strategy may now translate as more mega arms deals with the US, generating substantial business and job creation in the American economy. Make no mistake, Americans will use it to pressure India, predicts Ambassador M K Bhadrakumar.
Ganesh Puja in Alibag taluka is about simplicity and minimalism. It's about quiet devotion too.
At nearly 82 per cent of GDP, India's public debt is very high, but the country doesn't face debt sustainability issue on account of high growth rate and higher share of local currency debt, NCAER Director General Poonam Gupta has said. Participating in an event organised by NCAER, Gupta said India's high debt levels are sustainable for now because of higher real or nominal GDP and as most of the debt is held in rupee.
The finance minister continues to be backed by the same policy team in charting out the broad strategy as in the few earlier Budgets.
The Reserve Bank of India (RBI) on Thursday said 97.76 per cent of the Rs 2000 denomination banknotes have returned to the banking system, and only Rs 7,961 crore worth of the withdrawn notes are still with the public. On May 19, 2023, the RBI announced the withdrawal of Rs 2000 denomination banknotes from circulation.
Prime Minister Narendra Modi led-NDA government in its third term must tackle the problem of unemployment in the country, especially in the unorganised sector and in small and medium enterprises, former NITI Aayog Vice Chairman Rajiv Kumar said on Monday. Kumar also emphasised that the government now must finalise the four labour codes as it has been delayed beyond expectations. "We must recognise that post-COVID economic recovery has been a K-shaped recovery.
Are faulty design, hurried construction and private ownership to be blamed for the incidents of airport roofs crashing?
'Over the next 20 years, we would be adding almost 10 million people to the workforce every year!' 'And we won't be able to give employment to even 2 million out of the 10 million every year.' 'Don't forget, it keeps adding every year.'
India's public debt ratio, which remarkably remained stable at around 70 per cent of the GDP since 1991, is projected to jump by 17 percentage points to nearly 90 per cent because of increase in public spending due to COVID-19, the IMF said.
The facility to exchange or deposit Rs 2,000 banknotes will not be available on Monday, April 1, 2024 due to operations associated with the annual closing of accounts, the Reserve Bank of India (RBI) said on Friday. The facility will resume on Tuesday (April 2, 2024) at the 19 issue offices of the RBI, it added. "The facility of exchange/deposit of Rs 2,000 banknotes will not be available on Monday, April 1, 2024 at the 19 issue offices of the Reserve Bank of India due to operations associated with the annual closing of accounts," it said.
Investors must adopt a balanced approach, incorporating both styles in their portfolios.
'There is no scope for any doubt. This was a scheme designed to enrich the ruling party.'
The Reserve Bank of India (RBI) on Friday said nearly 97.26 per cent of the Rs 2,000 bank notes have been returned to the banking system, and only about Rs 9,760 crore worth of the notes are still with the public. On May 19, the RBI announced the withdrawal of Rs 2,000 denomination bank notes from circulation. "The total value of Rs 2,000 bank notes in circulation, which amounted to Rs 3.56 lakh crore as at the close of business on May 19, 2023 when the withdrawal of Rs 2,000 bank notes was announced, has declined to Rs 9,760 crore as at the close of business on November 30, 2023," the RBI said in a statement.
After the hearings, the Air India public inquiry commission headed by Justice John major will start working on the final report that is likely to be submitted this spring.
'The first duty of the government is to learn lessons from a bad experience and course correct. It's a pity that the government is making policy without looking at evidence and differentiating between immediate and urgent.'
The challenge for the RBI in 2024 is likely to be less about containing elevated inflation and more about curbing excessive financial market exuberance and a 'problem of plenty', notes Sajjid Chinoy, Chief India Economist JP Morgan.
Following are the key points of the three criminal law bills, that were passed by the Lok Sabha on Wednesday and seek to replace the Indian Penal Code (IPC), the Code of Criminal Procedure (CrPC) and the Evidence Act.
The banking sector's credibility is on thin ice. Unless the government takes strict steps, things could get worse.
'By making it so public in the House of Commons, you know the reaction in India... Mr Modi is not very happy about it; you're kicking out Canadian diplomats; you suspended visa services for Canadians...'
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PSUs may not be financially sound enough to plug deficit or revive investment.
India's public debt increased by 4.1 per cent to Rs 26,97,940 crore (Rs 26.97 trillion) during the first quarter of the fiscal, according to the latest data.
As of last year, India had 1.3 hospital beds per 1,000 people.
India's public debt decreased marginally to Rs 46,25,037 crore (Rs 46.25 trillion) at end-March 2014 from Rs 46,29,689 crore (Rs 46.29 trillion) at end December 2013.
'We aim at establishing India as an early talent hub on a global scale and are actively recruiting professionals in areas like cybersecurity, machine learning, data science, and other relevant fields.'
WhatsApp Pay India Vinay Choletti has resigned just after four months he was elevated to the position, according to his details on a professional social media platform. Choletti's resignation is the fourth high-profile exit in about one and half months from Meta in India after its country head Ajit Mohan stepped down in November. After Mohan, WhatsApp India head Abhijit Bose and Meta India Public Policy Head Rajiv Aggarwal also resigned from the company last month.
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