As part of the expenditure reforms, the Niti Aayog has initiated a process for revamping of Centrally Sponsored Schemes (CSSs), which account for over 10% of the Centre’s annual budget outlay, to assess each scheme’s relevance, effectiveness and sustainability. The Development Monitoring and Evaluation Office (DMEO) of the think...
India and the US on Tuesday signed a “landmark” agreement that provides a framework for both sides to explore cooperation in the micro, small and medium enterprises (MSME) sector. External Affairs Ministry Spokesperson Randhir Jaiswal said the Memorandum of Understanding (MoU) would enable MSMEs of the two countries to...
By Anjan Roy The latest inflation data, released by the union government on Monday, shows price rise at a lowest clip since 2019. This is good news. But it raises a series of questions as well. The last figure shows overall inflation rate of 3.54 per cent in July...
By Dr. Gyan Pathak The shocking incident of rape and murder of a trainee doctor on duty in RG Kar Medical College and Hospital in Kolkata has shaken the confidence of everyone – from patients and their attendants to doctors on duty, especially women. We need to restore it...
By Arun Srivastava None of the warring factions, Narendra Modi and RSS leadership, is willing to concede even an inch of political space to other. Five hour long high level meet of the top leaders of the BJP and the RSS leaders on Sunday at the residence of Defence...
By Kunal Bose The world’s biggest processor of bauxite into alumina China has to contend with two realities: First, Beijing has introduced more stringent conditions since 2022 for investments in new alumina projects, including brownfield capacity expansion. This has implications for both operating groups and potential new investors. Second,...
By Dr Arun Mitra The news that there is fire in the Zaporizhzhia nuclear plant in Ukraine has sent ripples in the minds of people around the globe. Even though no radiation leak has been reported so far, but the danger cannot be ruled out till the fire is...
By Sushil Kutty Democratic presidential candidate Kamala Harris’s meteoric acceptability is one side of the coin. The flip side is Kamala’s choice for Vice President, Tim Walz, who brought excitement to the Kamala Harris campaign, which the corporate media latched on to push Kamala’s case against Republican candidate Donald...
By Arun Kumar Shrivastav A marathon runner from Bhutan who finished the 42.195 km marathon at Paris Olympic in 3 hours 52 seconds and was the last one to finish the race received a rousing ovation from the spectators. Kinzang Lhamo finished the marathon 1.5 hours after the winner,...
The Reserve Bank of India (RBI) on Monday tightened norms related to public deposit acceptance by housing finance companies (HFCs), which were so far subject to relaxed prudential norms compared to non-banking financial companies (NBFCs). According to the revised guidelines, the RBI has reduced the ceiling on the quantum...
India’s retail inflation rate, based on the consumer price index, in July fell below the Reserve Bank of India’s (RBI’s) medium-term target of 4 per cent for the first time since August 2019 on the back of a high base and sharp reduction in food prices. However, a senior...
The government has approved a 20 per cent premium over the regulated or APM price for any natural gas that ONGC will produce from new wells, the company said on Monday. Currently, two pricing regimes govern the majority of the domestic production of natural gas, which is used to...
India’s factory output growth, as measured by the Index of Industrial Production (IIP), moderated to a five-month low of 4.2% in June from 6.2% in May, primarily due to slower growth in manufacturing activity, official data released on Monday showed. Manufacturing growth (accounting for 78% of IIP) slowed to...
The Centre will incentivise companies engaged in discovering critical and strategic minerals, Union mines minister G Kishan Reddy said on Monday. The decision was taken during the sixth governing body meeting of the National Mineral Exploration Trust (NMET). The not-for-profit trust, operationalised by the mines ministry, is funded by...
K Raveendran It was clear to everyone that SEBI was stonewalling a proper investigation into the charges levelled by the Hindenburg report, except those who had other reasons to pretend otherwise. But there was no clarity as to why SEBI was doing so. Now that Hindenburg has disclosed SEBI...
By Nantoo Banerjee India seems to be filled with a giddy rapture as the Rs.11.12-lakh crore Tata group has ventured into semiconductor fab production by simultaneously taking up two projects – one in Gujarat and the other in Assam – to put the country on the world microchip makers’...
By Asad Mirza Recent riots across several U.K. towns and cities following the killing of three children, Alice Aguiar (9), Bebe King (6) and Elsie Stancombe (7) and the injury of several others during a knife attack in Southport on July 29, makes one wonder how in a country...
Arun Srivastava Rightist forces are on prowl across the globe. What has been happening in UK and to some extent in Bangladesh are interrelated and are the components of the universal rightist design to consummate the secular and liberal forces. Emergence of Nigel Farage’s Reform UK party, which campaigned...