Expressing commitment to augment the country's infrastructure, Finance Minister Nirmala Sitharaman on Monday proposed to significantly enhance capital expenditure to Rs 5.54 lakh crore in the next fiscal, besides creating institutional structures and giving a big thrust to monetizing assets to achieve the goals of the National Infrastructure Pipeline (NIP). Sitharaman said NIP, that was launched in December 2019 with 6,835 projects, has now been expanded to 7,400 projects and around 217 projects worth Rs 1.10 lakh crore under some key infrastructure ministries have been completed. "For 2021-22, I propose a sharp increase in capital expenditure and thus have provided Rs 5.54 lakh crores which is 34.5% more than the BE of 2020-21," the finance minister said.
The keenly-awaited Mahindra Thar 2020 was finally unveiled on August 15, 2020. Here are the first images of one of the finest off-roaders!
There was a 'fascist threat' to democracy in Sri Lanka and 'we can't let them tear up our Constitution', acting President Ranil Wickremesinghe told the crisis-hit nation on Wednesday, as he vowed to restore normalcy as well as stop the destruction of state property.
PM Modi seems to be gradually ending India's strategic ambiguity
Capital markets regulator Sebi has kept the proposed Rs 4,500-crore initial share-sale of edible oil major Adani Wilmar Ltd (AWL) in "abeyance". However, the Securities and Exchange Board of India (Sebi) did not clarify further. The company had filed preliminary papers with Sebi on August 3, to raise funds through an initial public offering (IPO).
The group will be in a better position to now scale up most of its segments irrespective of government policy, but the bad news others add is its growing debt.
Billionaire Gautam Adani's group on Monday said it has written confirmation that accounts of three foreign funds that are among its top shareholders are not frozen and reports to the contrary are "blatantly erroneous and misleading". Shares of Adani group companies plunged on Monday after reports that the National Securities Depository Ltd (NSDL) froze the accounts of the three foreign funds that are among the top stakeholders in the firms. Adani Enterprises, the conglomerate's flagship company, as also Adani Ports and Special Economic Zone, Adani Green Energy Ltd, Adani Transmission Ltd, Adani Power and Adani Total Gas Ltd in identical filings to the stock exchanges said the reports of NSDL freezing accounts of Albula Investment Fund, Cresta Fund and APMS Investment Fund holding shares in the group firms were "blatantly erroneous and is done to deliberately mislead the investing community."
High ground clearance, a wide cabin and tall stance all mean that the Carens glides over bad roads with ease and comfort and an engine performance that is adequate in terms of the power of this vehicle, says Pavan Lall.
Shares of Adani Green Energy (AGEL) continued their upward movement, hitting a new high of Rs 1,955.90, up 2.6 per cent on the BSE in Wednesday's intra-day trade in an otherwise weak market. The S&P BSE Sensex was down 0.77 per cent at 60,285 at 11:01 am. In the past 14 trading sessions, the stock of the renewable energy arm of the diversified Adani Group has zoomed 50 per cent from Rs 1,307.05 on December 30, 2021. In comparison, the S&P BSE Sensex was up 4.3 per cent during the same period.
In Tripura, the challenge for the chief minister is less from the alliance partners and more from his own party, the BJP.
Amid a spike in Covid-19 infections in some parts of the country, the Centre on Wednesday asked states and Union territories to consider imposing local restrictions in public observance of the upcoming festivals and limit or do away with mass gatherings for effective control of the pandemic.
Over time, as more mutations occur, the vaccine may need to be altered.
Aviation is a juicy target. It's a 24x7 industry, which cannot afford delays or loss of customer credibility.
Winter Olympics will be staged by a country that has grown far wealthier, more powerful
Energy's exit is a cautionary tale for several foreign investors in India as close to 16 Gw of solar and wind power projects languish without any power purchase agreement, 24 Gw without transmission connectivity and around 2 Gw unilaterally cancelled by project developers.
Developed in-house, the 1.5-litre engine comes mated with six-speed transmission and offers improved performance.
These companies, the study said, will have to either dip into its cash balance or borrow in short term.
Foreign investment firms, especially private equity, are jittery about the Indian market as uncertainty continues to shroud the energy sector.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Honda's attempt at offering a no nonsense touring machine, coupled with slight off-roading capability, has paid off.
Czech automaker Skoda on Monday forayed into the midsize SUV segment in India with the launch of its new offering Kushaq, priced between Rs 10.5 lakh and Rs 17.6 lakh (ex showroom Delhi).
Sunlight, high temperature of more than 95 degrees Fahrenheit (or 35 degrees Celsius), and humidity cuts the half-life of the virus on surfaces from up to 18 hours to a matter of minutes,the study said.
Select companies in infra, capital goods, private banks, auto, oil & gas, and mining could be considered by investors.
It may get a little confusing to take your pick when the menu has so many options, so we try to clear things out with a list of enthusiast bikes
This major shift in the consumer choice has forced carmakers to field their version of expedient under 4-metre machines in the market.
This major shift in the consumer choice has forced carmakers to field their version of expedient under 4-metre machines in the market.
Markets regulator Sebi and the Directorate of Revenue Intelligence (DRI) are probing some Adani Group companies for alleged non-compliance with rules, the government told Lok Sabha on Monday. Minister of State for Finance Pankaj Chaudhary in a written reply to a question said accounts of three of the six Mauritius-based funds, that have invested most of their money in Adani Group firms, were frozen in 2016 over the issuance of Global Depository Receipt (GDR) by certain listed firms. No freeze was ordered for their holding in other firms.
'If there is a sudden drop or increase in the demand or supply in the grid, there could be disturbance in the grid frequency'
The latest Hyundai i20 is an exciting car, given the overall drive experience, transmission, ride quality and tech. And while it may not be as low cost as a Maruti or come with the "heavy German steel-feel" of the Volkswagen, it does carve out a niche for itself at pole position with a combination of technology, styling, drive and ride comfort, and low cost of ownership, says Pavan Lall.
Whether it is Sri Lanka, Maldives, or Nepal, quietly but steadily, India has been reclaiming some of the ground it had lost to China, observes Aditi Phadnis.
Coal India would open 60 new mines soon, the minister said.
-- More than 800,000 homes and businesses are without power in Texas and Louisiana as of Thursday morning -- Laura's 150mph winds made it the strongest hurricane to strike the US this year and in Louisiana since 1856
The Gurkha 2021 is built on a ground-up modular architecture platform with an all-new wider and longer body, full new interiors, a new crash-compliant, high-strength chassis, new coil spring suspension on all four wheels fine-tuned to achieve the right balance and offer the best in class ride quality on multiple surfaces -- tarmac, rough rural roads and off the road, the Pune-based company said.
Reliance's big-bang entry across the solar ecosystem will cut dependence on Chinese imports drastically. And Ambani's repeated emphasis that RIL's new energy foray will be 'a truly global business' points that his group is playing not just for a share of the Indian pie but to be the OEM in the larger 5,000 GW global market by 2030, points out Shailesh Dobhal.
Besides the car's price, fuel efficiency is of utmost importance for buyers as it's a long time recurring expense.
Strict lockdown-like restrictions are already in place in the southern stateand the Pinarayi Vijayan government decided to clamp the complete shutdown in the wake of severe spike in the positive cases.
The Department of Investment and Public Asset Management (Dipam) has asked ministries, government departments, and public sector undertakings (PSUs) to send a list of assets that can be monetised under the proposed National Monetisation Pipeline. The list will be used for creation of an asset monetisation dashboard, which will keep a track of such assets. The government, meanwhile, has asked CRISIL to prepare a road map for monetising assets of PSUs and government departments.
The Thar. A vehicle that has always been a capable off-roader with its go-anywhere attitude. One which hated being on the tarmac as a lifestyle vehicle, as the second car in your parking space. But this new generation Thar -- can it change that? Can it be one's first car? Rajesh Karkera/Rediff.com finds out.
'From the very start, PM Modi was insistent that visiting foreign leaders should be exposed to an India beyond its capital.' 'Through these experiences, he felt that the full Indian narrative would be much better understood across the world,' explains External Affairs Minister S Jaishankar. A riveting excerpt from Bluekraft Digital Foundation's Modi@20: Dreams Meet Delivery.
To ride the Honda CRF 1000L Africa Twin you need to master the electronic functions first, says P Tharyan.
