NEW DELHI: Govt will reassess interest from bidders in a clutch of public sector companies that were to be privatised, including Shipping Corporation and BEML, but Concor and BPCL are no longer on the table for now, a top official said on Friday. Tuhin Kanta Pandey, secretary in the...
MANGALURU: Mangalore Refinery and Petrochemicals Ltd (MRPL) said it has initiated setting up 500 tpa (tonnes per annum) green hydrogen production unit within the refinery premises. According to the company’s annual report for 2023-24, the green hydrogen produced from the new unit would be blended with hydrogen produced presently...
NEW DELHI: Union Minister of Steel and Heavy Industries, H.D. Kumaraswamy, unveiled SIMS 2.0, an enhanced version of the Steel Import Monitoring System, in New Delhi on Friday. The launch event was attended by Minister of State for Steel and Heavy Industries, Bhupathiraju Srinivasa Varma, and Steel Secretary Nagendra...
NEW DELHI: Prime Minister Narendra Modi will chair NITI Aayog’s ninth Governing Council meeting on Saturday to prepare a road map in consultation with state governments to make India a developed nation with a $30 trillion economy by 2047. Amid boycott by most chief ministers of the non-National Democratic...
NEW DELHI: While the government has revised upward the retail prices of subsidised Bharat rice and wheat and extended sales of grain aimed at curbing rise in prices, it has abolished the practice of cash payments for sale of the commodities by agencies aimed at curbing diversion. Sources told...
By Dr. Gyan Pathak G20 has made a history to agree on working together to ensure ultra-rich are taxed effectively, even after the United States dismissed the need for an international accord on the matter for now. The agreement was reached on July 25 at a meeting of G20...
By Subrata Majumder For the first time, the Indian annual budget for 024-5 focused on the aim of manufacturing from the perspective of job creation, rather than boosting GDP. Manufacturing has been a failure in the earlier years to drive the GDP growth. The , BJP led NDA government,...
By Sushil Kutty Maharashtra Deputy Chief Minister Ajit Pawar is still to recover from defections of NCP (Ajit Pawar) leaders to the NCP (Sharadchandra Pawar) faction of Ajit Pawar’s uncle Sharad Pawar. Four Pune-based NCP (Ajit Pawar) leaders resigned and rejoined Sharad Pawar’s NCP and a week later the...
By Arun Kumar Shrivastav Early this week, Indian writer Pankaj Mishra won the 2024 Weston International Award. The $75,000 award is given to an international non-fiction writer based outside Canada by The Writer’s Trust of Canada. “Through a compelling and essential body of work that braids memoir, philosophy, history,...
By Sanjay Roy The radical shift in labour relations from regimes of standard employment to fragmented and flexibilised labour force under neoliberalism is signified by a radical shift of responsibilities of their production of labour force from the capitalist employer to the State through the denial of indirect wage...
By Arun Srivastava The 2024-25 budget proposals of Narendra Modi government simply endorse the common perception that instead of being a tool for ameliorating the economic condition of poor, planning and allocating financial resources to meet the needs of common people and organisations it has become a device to...
By Rahil Nora Chopra The All-India Congress Committee has dissolved the Odisha Pradesh Congress Committee following the party’s dismal performance in the State and general elections, Now the next prominent change is to take place in Himachal Pradesh as Congress high command is looking to change the state organization...
By Francisco Dominguez Venezuela’s Presidential election on July 28 takes place in a context dominated by Venezuela’s robust economic recovery, which, considering the calamitous situation the country found itself as late as the end of 2020, the 1 per cent rate of inflation June this year and an expected...
NEW DELHI: Budget announcements for the marine sector such as rationalisation of customs duties and financing facilities will help boost the country’s India’s aquaculture and seafood exports, MPEDA said on Thursday. The Marine Products Export Development Authority (MPEDA) also said the Budget includes a range of strategic measures aimed...
NEW DELHI: Rationalisation of customs duties in the Budget on leather sector will help create more jobs and push exports, CLE said on Thursday. The Council for Leather Exports (CLE) said that the Budget announcement of support for setting up working women hostels, establishing creches and women-specific skilling programmes...
NEW DELHI: Amid rising competition from homegrown challenger Ola Maps, Google on Thursday announced a slew of new features on Google Maps to woo users in India, including EV charging station information, flyover callouts and AI-driven routing capability to reduce narrow road usage for four-wheeler drivers. It is “an...
NEW DELHI: Sugar industry body ISMA on Thursday said it has presented a plan to the government to transform sugar mills into bio-refineries, aiming to boost production of sustainable aviation fuel and other green energy sources. The representatives of the Indian Sugar & Bio-Energy Manufacturers Association (ISMA) met with...
MUMBAI: Equity market benchmark indices Sensex and Nifty stayed on the back foot for the fifth straight session on Thursday as investors offloaded metal, banking and finance stocks amid a lacklustre trend in global markets. Heavy foreign fund outflows after a hike in securities transaction tax and short-term capital...