By P. Sreekumaran Even as the Congress in Kerala is luxuriating in its remarkable Lok Sabha election victory, the party is riven by virulent factionalism, submerged under an avalanche of complaints lodged by victorious party candidates, of active attempts at sabotage by rivals. Topping the list is senior Congress...
By Prakhar Pandey A recent Supreme Court judgment affirming the “right to be free from adverse effects of climate change” as a fundamental Constitutional right has sparked a noteworthy debate. This landmark decision sits at the intersections of the urgent imperatives of biodiversity conservation, human rights and climate action....
By John Wojcik Only two weeks ago, the Biden administration lifted its ban on the use of U.S. arms by Ukraine inside of Russia. It also said U.S. troops, under the umbrella of NATO, could even end up directly battling against Russians inside of Ukraine. Now, to add insult...
NEW DELHI: The PLI scheme is expected to attract investments of Rs 3-4 lakh crore in the next four years and generate 2 lakh jobs as large projects in sectors, including semiconductor, solar module and pharmaceutical intermediaries, are expected to take off, a top Icra executive said on Wednesday....
NEW DELHI: India’s retail inflation eased further to a 12-month low of 4.75% in May but food inflation remained elevated and almost unchanged at 8.69%, data released on Wednesday showed. The simultaneously released Index of Industrial Production (IIP) showed a sedate start for the economy in the new fiscal...
NEW DELHI: India has slipped two places on the World Economic Forum’s Global Gender Gap index to 129th place, while Iceland retained its top position in the rankings published on Wednesday. Within South Asia, India was ranked fifth after Bangladesh, Nepal, Sri Lanka and Bhutan, while Pakistan was ranked...
NEW DELHI: In a bid to secure critical mineral processing technology, the Ministry of Mines has initiated bilateral meetings with Russia, Business Standard has learned. The initiative aims to secure advanced technologies essential for the extraction and processing of key minerals, which are vital for various high-tech, automotive, and...
MUMBAI: The Indian Banks’ Association (IBA) will request the Reserve Bank of India (RBI) to maintain status quo on the provisioning required under the new project finance guidelines, and keep it unchanged at 0.4%. In a meeting held on Tuesday, bankers have stressed that raising provisioning would deter lenders...
Public-sector behemoth Steel Authority of India Ltd (SAIL) has firmed up plans to build a state-of-the-art steel plant at Burnpur for ₹36,000 crore, which promises to be the single-largest investment in an industrial project in Bengal in recent times. The central PSU has received the initial board approval for...
New Delhi: Italy, which has invited Prime Minister Narendra Modi for the G7 Summit Outreach Sessions, is India’s fourth largest trading partner in the European Union, 18th largest foreign investor with bilateral relations upgraded to the level of ‘Strategic Partnership’ with focus on defence, Indo-Pacific, energy and science and...
NEW DELHI: India, the world’s third biggest oil importer and consumer, will in the second half of the decade become the driver of global oil demand, the International Energy Agency (IEA) said Wednesday, forecasting rise in consumption by a massive 1.3 million barrels between 2023 and 2030. In its...
NEW DELHI: Government measures such as mandatory quality control orders and increasing customs duty have helped boost exports of toys from India, but there is a need to do much more for the sector, a top official said on Wednesday. Secretary in the Department for Promotion of Industry and...
NEW DELHI: Regulator Irdai on Wednesday said the facility of policy loan is now mandatory in all life insurance savings products, enabling policyholders to meet liquidity requirements. Issuing a master circular which consolidates all regulations with regards to life insurance policies, the Insurance Regulatory and Development Authority of India...
By K Raveendran Having been confirmed as the finance minister in the Modi 3:0 cabinet, Nirmala Sitharaman is more pressed for time compared to her other colleagues as the budget of the new government is hardly a month away. And her budget-making this time is more complex as she...
By Sushil Kutty Narendra Modi will likely start his third term as Prime Minister with an onslaught against him. That is if Raebareli MP Rahul Gandhi keeps faith with his charge that Modi and Union Home Minister Amit Shah, had with their prediction of a post-election stock market rally,...
By Ashis Biswas India and Bangladesh will seek to cover new areas of bilateral cooperation and regional development with Bangladeshi Prime Minister Sheikh Hasina visits Delhi later this month, or in July, to hold scheduled talks with Indian Prime Minister Narendra Modi. Going by recent reports/analyses in the Bangladeshi...
By Dr. Gyan Pathak Even 32 years after the passage of the 73rd amendment of the Constitution of India, Panchayati Raj as a system of governance is being systematically crippled by the higher political and bureaucratic layers. Moreover, digitalization has been adversely impacting the Panchayat’s power and functioning in...
By Harihar Swarup With Narendra Modi elected Prime Minister for the third time, this time at the head of a coalition government, the question at the uppermost on the people’s mind as he took the oath of office and secrecy at Rashtrapati Bhavan was: Could Modi be a coalition...