By C.J. Atkins Massive street protests erupted worldwide after the Israeli military killed 274 Palestinians in the Nuseirat refugee camp as part of a “hostage rescue operation” in Gaza. Four Israeli captives taken prisoner by Hamas on Oct. 7 were recovered in the manoeuvre, amounting to 68 people killed...
By David Broder Would Giorgia Meloni prefer to partner with the “mainstream pro-European” Emmanuel Macron, or else the “far-right outsider” Marine Le Pen? Ahead of this weekend’s elections to the European Union’s parliament, much punditry on the EU’s future speculated on the next moves by the Italian prime minister...
A recent World Bank working paper has called for granting greater authority to Panchayats while strengthening local fiscal capacity to offset what it identified as “recentralisation” resulting from the widespread adoption of online payment systems, MIS-based beneficiary selection, and digital beneficiary tracking. “Delegating more authority to Panchayats, rather than...
NEW DELHI: The new government is likely to overhaul the entire statistical system of the country, which includes undertaking additional surveys, fixing data leakages, improving frequency of the survey releases, and tweaking the methodology of computing several macro-economic indicators, official sources told FE. “The entire overhaul of the statistical...
MUMBAI: State-run Bharat Petroleum Corporation (BPCL) plans to set up a new 12 million metric tonnes per annum (MMTPA) refinery in the country, two industry officials aware of the development told ET. The state-owned oil marketing company will invest around Rs 50,000 crore in the project for which it...
NEW DELHI: Investment rate may have approached 35%, the level needed for GDP growth of 7-8%, thanks to a big capex push by the government, but the composition of capital formation shows a declining share of industrial investments. The share of productive assets such as machinery in gross fixed...
NEW DELHI: With Prime Minister Narendra Modi taking oath for the third time, India Inc on Monday expressed optimism that the new government under his leadership can usher in the next phase of reforms to achieve the goal of Viksit Bharat. Several corporate leaders posted congratulatory messages on...
NEW DELHI: State-run GAIL on Monday said it has urged the Madhya Pradesh government to provide enablers for setting up of India’s largest ethane cracker unit, which will likely entail an investment of around ₹60,000 crore. The country’s largest gas utility intends to set up a 1,500-kilo tonnes per...
RAIPUR: Bhilai Steel Plant (BSP), the Chhattisgarh-based entity of SAIL (Steel Authority of India Limited), has so far dispatched four rakes (1,000 tonnes each) of R350 heat-treated (HT) rails from its modern universal rail mill to the Indian Railways. The Railways has been demanding micro-alloyed and HT rails from...
By Sushil Kutty Narendra Modi is now Prime Minister of India for the third time. He took the oath of office Sunday evening at the Rashtrapati Bhavan. As many as 30 cabinet ministers, 36 ministers of state (MoS) and 5 MoS (independent charge) were also sworn in along with...
By Kalyani Shankar The NDA coalition government led by Prime Minister Narendra Modi has just taken office, and it’s too early to predict how it will perform, even whether it will run its five-year term. It is common knowledge that India has a messy history of multi-party governments. Late...
By Nantoo Banerjee The country’s industrial outlook for the current year as well as the next few years will depend on the stability of the new government and how the Bharatiya Janata Party deals with its alliance partners and the opposition, which will have a formidable presence in the...
By Dr. Gyan Pathak India, under Prime Minister Garib Kalyan Anna Yojna, has been giving free foodgrains to 80 crore poor people who are dependent for food on government, because they don’t earn enough to support their needs for food. Their number remained the same for the last 10...
By Ashis Biswas At the end of the bitterest general elections in recent times, it is only in Assam that the ruling Bharatiya Janata Party (BJP) and the main opposition, the Congress, are broadly satisfied with the outcome. The BJP won 11 out of 14 Lok Sabha seats while...
By Kumar Ritwik The economic liberalisation of the 1990s brought with it malls and shopping arcades. However, the timeless allure of traditional marketplaces, deeply ingrained in the collective consciousness of Indian society, persists. A significant part of that allure is individuals who earn a living vending goods, spices, vegetables,...
By Amol Singh Punjab with a population of 27 million, the majority of which is Sikh, has in recent times, has given rise to an important movement that seeks to organize the Dalits, who comprise the poorest and most downtrodden section of rural society in the state. More than...
NEW DELHI: The statistics ministry doesn’t expect to undertake any significant downward revision to the official economic growth estimate for FY24, and may disprove many analysts in this regard. It also sees the possibility of the gross domestic product (GDP) expansion in FY25 to exceed 7%, with the “strong...
NEW DELHI: The government is considering a tweak to the capital gains tax regime for debt mutual funds to offer some relief for the Bharat Bond Exchange Traded Fund. The issue figured at a meeting held last week in the finance ministry as the government is planning to issue...