By P. Sreekumaran THIRUVANANTHAPURAM: The people of Kerala would find it difficult to digest it. But it is the grim, unalterable reality. The Union Government’s refusal to sanction any funds to cover the losses caused by the July 30 Wayanad landslide is the ultimate insult to the victims of...
By Rahil Nora Chopra The political temperature is soaring high in Uttar Pradesh as the upcoming by-elections for nine Assembly seats in the state is getting closer where the ruling Bharatiya Janata Party (BJP) and Chief Minister Yogi Adityanath and Samajwadi Party (SP) leader Akhilesh Yadav’s stakes are very...
NEW DELHI: India’s Wholesale Price Index (WPI)-based inflation increased in October to a four-month high of 2.36 per cent from 1.84 per cent in September, primarily on the back of a spike in the prices of food items, particularly vegetables. The latest WPI data comes days after Consumer Price...
NEW DELHI: India’s merchandise exports grew at the fastest pace in 28 months in October, witnessing double-digit growth of 17.3 per cent year-on-year (Y-o-Y) to touch $39.2 billion, due to inventory build-up in the Western countries ahead of the Christmas season. However, the imports hit an all-time high of...
MUMBAI: After edging past credit growth for the first time in 30 months in the fortnight ended October 18, deposit growth was almost on a par with credit growth in the November 1 fortnight, with credit growing by 11.9 per cent and deposit growing by 11.83 per cent year-on-year...
NEW DELHI: India’s gross domestic product (GDP) growth is expected to moderate to 6.8% this fiscal year (FY25) from the robust 8.2% in FY24 as high interest rates and stricter lending norms begin to temper urban demand, said rating agency Crisil. “A somewhat lower fiscal impulse to growth (as...
NEW DELHI: The Centre may increase the outlay for Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) by around 10% over the budget estimate of Rs 86,000 crore for the current financial year, factoring in work demands as well as wage increases, official sources said. So far in FY25,...
NEW DELHI: GAIL (India) Limited has signed a 10-year sales and purchase agreement (SPA) with Abu Dhabi’s ADNOC Gas for the delivery of up to 0.52 million metric tonnes per annum (MMTPA) of liquefied natural gas (LNG), starting in 2026, the company said on Thursday. This is the first...
NEW DELHI: The United States is expected to increase domestic crude oil production under the upcoming presidency of Donald Trump, potentially expanding global supply and exerting downward pressure on prices, Petroleum and Natural Gas Minister Hardeep Singh Puri said on Thursday. Speaking at the CII Public Sector Enterprises Summit...
NEW DELHI: Solar Energy Corporation of India (SECI) has issued a showcause notice to Anil Ambani-owned Reliance Power (RPower), seeking an explanation as to why criminal action should not be taken against the company for submitting “fake bank documents” through a bank that has no branch from which the...
VISAKHAPATNAM: NMDC Steel Limited’s Nagarnar facility near Jagdalpur received electrification of its railway siding. The development marks a crucial step in enhancing the plant’s logistics capabilities on the Kottavalasa Kirandul (KK) line. The 25KV AC overhead power supply system and sub-sectioning and paralleling post were jointly commissioned by Saurabh...
LUCKNOW: The Uttar Pradesh government has introduced a fresh draft of the UP Defence & Aerospace (Amendment) Policy 2018 to catalyse the defence and aerospace ecosystem in the state. Under the existing scheme, the Yogi Adityanath government was aiming to attract Rs 50,000 crore worth of investment in the...
By Dr. Gyan Pathak Though Prime Minister Narendra Modi and Union Minister of Home Amit Shah have extensively campaigned in Maharashtra on behalf of the ruling Mahayuti, and the Congress President Mallikarjun Kharge and the Congress Leader of Opposition in the Lok Sabha Rahul Gandhi on behalf of the...
By P. Sudhir A large number of critical appraisals and commentaries have been written on the occasion of the retirement of Chief Justice of India (CJI), D Y Chandrachud. This is but natural as Justice Chandrachud is considered to be one of the most consequential chief justices of the...
By Sam Datlof NEW YORK: Nearly a decade has passed since Bernie Sanders announced his first presidential run and ignited a democratic socialist electoral wave that has given us Alexandria Ocasio-Cortez (AOC), the Squad, and democratic socialist officials at every level of government. Since its inauguration, however, the project...
By Sushil Kutty Supreme Court justices BR Gavai and KV Viswanathan made it clear to the “Executive” that it cannot ape the “Judiciary” and pronounce judgements. They warned the “Executive” against prejudging the guilt of an accused, even those caught red handed, and delivering ‘bulldozer justice’. The Justices laid...
MUMBAI: With the new operational framework for reclassifying foreign portfolio investors (FPI) as foreign direct investment (FDI) upon breaching the 10 per cent threshold, certain overseas funds are set to get more flexibility in their India investments, experts said. There are around 17 companies listed on the National Stock...
NEW DELHI: S&P Global Ratings on Wednesday said supply capacity in India is continuing to expand pretty quickly which will help contain inflationary pressure. S&P Senior Economist Asia Pacific Vishrut Rana said the central bank’s monetary policy and inflation target remains credible and the Reserve Bank of India (RBI)...