As many as 458 infrastructure projects, each entailing an investment of Rs 150 crore or above, were hit by a cost overrun of more than Rs 5.71 lakh crore in May this year, according to an official report. According to the Ministry of Statistics and Programme Implementation (MoSPI), which monitors infrastructure projects worth Rs 150 crore and above, out of 1,817 projects, 458 reported cost overruns and 831 projects were delayed.
IMAGES from the UEFA Champions League matches played on Wednesday
As leaders in both the BJP and Congress concede, neither has within their parties a leader to match Arvind Kejriwal's charisma in Delhi.
The Union Finance Ministry on Friday announced key amendments to foreign exchange (forex) regulations, including mandating government approvals for all investments originating from countries that share land borders with India. The latest amendments also seek to simplify cross-border share swaps and streamline key definitions, such as "control". The updated regulations have aligned the treatment of downstream investments made by overseas citizen of India (OCI)-owned entities with those owned by non-resident Indians (NRIs) on a non-repatriation basis.
Portugal's Bernardo Silva and Cristiano Ronaldo scored first-half goals in a comfortable 3-1 win away to Poland in the Nations League on Saturday as the Group A1 leaders continued their perfect start to the competition with three wins.
Concerned over the fallout of the Red Sea crisis and severe shortage of containers against the backdrop of a steep decline in merchandise exports in August, the Union government is pulling out all the stops to find a solution. To begin with, the government has devised a strategy aimed at boosting container supply and supporting exporters.
The pilot ejected safely and a court of inquiry has been ordered to ascertain the cause of the accident, the IAF said in a brief statement.
He is the first athlete to retain the pole vault title in nearly seven decades.
The BCCI has formally sought the clearance of the central government to play Pakistan in Sri Lanka in December, its secretary Anurag Thakur confirmed.
The aircraft was to carry a large consignment of medical supplies to China and bring back more Indians from Wuhan.
Barcelona striker Robert Lewandowski scored twice to set his side on course for a 5-0 Champions League thrashing of Swiss side Young Boys on Tuesday as the Catalan giants bounced back from a 2-1 loss at AS Monaco in their opener.
Bengaluru-headquartered electric two-wheeler manufacturer Ather Energy is all set to file its draft red herring prospectus within the second week of September to the Securities Exchange Board of India (Sebi) for its maiden initial public offering (IPO), in which it is expected to raise over $450 million. On Tuesday, the fourth-largest electric two-wheeler maker in the country by volume raised Rs 600 crore from its existing investor, the National Investment and Infrastructure Fund (NIIF), catapulting itself into a unicorn with a valuation of $1.3 billion.
'When there are no good roads and no buses plying to villages, your spending on development is skewed.'
The PCB has now left it up to the ICC to finalise and announce the tournament schedule and also get confirmation from the BCCI whether the Indian team will travel to Pakistan.
Was Ram Rahim's release on parole for the 10th time since his conviction in 2017 timed to coincide with the Haryana assembly elections? It does seem so when one considers he has been released mostly when there was an election in Punjab, Haryana and Rajasthan. Listing the times that Ram Rahim has been out on parole.
Mauritius-based IndusInd International Holdings and other Hinduja group entities are expected to make payments worth Rs 9,661 crore for the acquisition of bankrupt Reliance Capital (RCap) only after getting all the legal and regulatory clearances, including from the Supreme Court, thus delaying the closure of the transaction. A source close to the development said that according to the National Company Law Tribunal (NCLT) order dated February 27, the payment for the acquisition was to be made within 90 days from the NCLT's approval of the resolution plan and after receiving all legal and regulatory clearances.
IMAGES from the Champions League matches played on Tuesday.
Air Chief Marshal B S Dhanoa calling the FOC a 'major milestone'.
Images from the English Premier League matches played on Saturday.
Tracking the key moves this week in the European transfer market
Iron ore mining major NMDC's results for the April-June quarter (Q1) of FY25 were better than estimates. Weak volumes were balanced off by higher realisations, better average selling price (ASP) and lower royalties which boosted bottomline. The revenue was in line with estimates at Rs 5,400 crore, flat year-on-year (Y-o-Y) and down 17 per cent quarter-on-quarter (Q-o-Q).
The Pakistan Hockey Federation has sent a formal request to the sports ministry seeking clearance for sending the national team to India for competing in the World Cup to be held in New Delhi from February 28.
The officials of the Delhi Fire Services said the blaze broke out at the children's hospital in Shahdara on Saturday night.
Croatian forward Ante Budimir scored twice to help Osasuna earn a shock 4-2 home win over leaders Barcelona.
NMDC, the country's largest iron-ore miner, posted a consolidated revenue in the January-March quarter of FY24. This was in line with estimates at Rs 6,500 crore, which was up 11 per cent year-on-year (Y-o-Y), and a 20 per cent quarter-on-quarter (Q-o-Q) rise on the back of realisations. Iron-ore production was 13.3 million tonnes (down 6 per cent and up 8 per cent Q-o-Q), while the sales stood at 12.5 MT (up 1 per cent Y-o-Y and up 10 per cent Q-o-Q).
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Earlier, a high-level Environment Ministry panel -- the Expert Appraisal Committee for Building Construction, Coastal Regulation Zone, Infrastructure Development and Miscellaneous projects -- had recommended the project.
After putting the project on hold last year, Union Environment Minister Jairam Ramesh on Monday granted conditional clearance for South Korean major Posco's $12 billion steel mill project in Orissa.
Bharti Global, the international investment arm of Bharti Enterprises, has decided to buy 24.5 per cent equity in BT Group - a move that will make the Indian conglomerate the biggest shareholder in the UK's second-largest telecom company both in terms of market value and subscriber count. The shares are being purchased from billionaire Patrick Drahi's Altice UK through a combination of cash and debt .
With Atishi at the helm it will not be easy for the BJP to continue using the LG's office and the bureaucracy as political instruments to hinder governance and thereby provoke the electorate's ire against the AAP, expects Nilanjan Mukhopadhyay.
"Even the expired licence issued to the said hospital allowed for five beds only," Deputy Commissioner of Police (Shahdara) Surendra Choudhary said.
According to new ministry guidelines, the permission to chop down forests will be given only after all the compensatory levies are provided
The Steel Ministry on Wednesday said it may seek from the Environment Ministry speedy clearance to Posco's Rs 54,000 crore (Rs 540 billion) project in Orissa.
The veteran diplomat said Hasina has stayed in India before after the assassination of her father and Bangladesh independence hero Sheikh Mujibur Rahman who later became the country's prime minister. Rahman was assassinated in August 1975.
Dengue has become a major public health concern in India with 289,235 cases reported last year. This year there were 19,447 cases of dengue which resulted in 19 deaths till April 2024.
Liverpool climbed to the top of the Premier League table with a 2-1 victory over struggling Wolverhampton Wanderers on Saturday.
Captain Harmanpreet Singh scored a late equaliser to salvage a hard-fought 1-1 draw against Argentina.
Images from the Euro 2024 Group A match between Germany and Hungary at Stuttgart Arena, Stuttgart, Germany, on Wednesday.
In a dazzling showcase at Apple Park, Apple on Monday introduced its latest technological marvels, including the much-anticipated iPhone 16 lineup. The event, held at the newly inaugurated Observatory building, featured an array of exciting updates that promise to redefine the smartphone experience.
There could be a further delay in the return of Sridevi's mortal remains with the Dubai police informing the Indian embassy that another "clearance" was awaited before it could release the body.
While the electric version will open for bookings starting August 12, the internal combustion engine (ICE) counterparts will make their debut after September 2, says Rajesh Karkera/Rediff.com.
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