NEW DELHI: The new coalition government is expected to ensure policy continuity for the energy and commodity sectors with a focus on energy transition and meeting the goal of net zero by 2070, analysts said. However, the lower-than-expected seat share by the Bharatiya Janata Party in Lok Sabha has...
NEW DELHI: Adani Group plans to invest over $1 billion in setting up projects in Sri Lanka to generate electricity from wind in what would be the island nation’s single largest foreign direct investment and the biggest ever power project, sources said. Group firm Adani Green Energy Ltd (AGEL)...
MUMBAI: The Reserve Bank of India has brought 100 metric tonnes of gold reserve from the UK to India as there is enough domestic storage capacity, and nothing more should be read into it, Governor Shaktikanta Das said on Friday. The RBI moved 100 metric tonnes of its gold...
NEW DELHI: India’s strong growth is leading to a trend of ‘reverse flipping’ as domestic startups that once used to move abroad for capital access and tax benefits are now returning home, a top government official has said. Commerce Secretary Sunil Barthwal also said that the digital economy along...
NEW DELHI: Saudia Group is keen to increase the number of flights connecting Saudi Arabia and India as well as provide MRO services to Indian carriers. Saudia Airlines, part of the group, currently operates 54 weekly flights connecting seven destinations in India, including Delhi, Mumbai and Hyderabad. An executive...
NEW DELHI: Sebi has been given ‘Best Conduct of Business Regulator’ award in Asia Pacific by The Asian Banker for its role in enhancing the regulatory framework for securities markets in India. The award was received by Sebi’s Whole Time Member Kamlesh Chandra Varshney in a ceremony held in...
HONG KONG: China’s exports in May grew at their fastest pace in more than a year despite trade tensions, though imports fell short of analyst expectations, according to customs data released on Friday. Exports jumped 7.6 per cent in May from the same month last year to USD 302.35...
By Hansgeorg Hermann PARIS: As the European Parliament elections are on from June 6 to June 9, the bourgeois party Les Republicains, founded by Nicolas Sarkozy, the former president and adviser to current President Emmanuel Macron, is plummeting, as is the latter’s Renaissance formation. So far, Le Penʼs Rassemblement...
By Dr. Gyan Pathak Unprecedented unemployment crisis under PM Narendra Modi’s first two terms since 2014, is most likely to continue in his third term , unless the jobless growth model is changed. Out of about one billion working age population, the number of people in employment has been...
By Sushil Kutty Nothing odd, but reports speak of unrest in the ranks of the Shinde Shiv Sena. The Uddhav Balasaheb Thackeray Sena looks the better bet. Amidst this, the crowning of Narendra Damodardas Modi as the leader of the NDA parliamentary party. Were the Shinde Sena MPs present...
By Arun Srivastava It was shocking to see incarnation of Lord Vishnu, who is even followed and revered by Lord Jagannath of Puri, prostrating before two mortal politicians Nitish Kumar and Chandrababu Naidu for their support to satiate his desire for becoming prime minister for third consecutive term. During...
By Rahil Nora Chopra The regional satraps, JD(U) chief Nitish Kumar and the TDP leader N Chandrababu Naidu, have been made kingmakers by the Lok Sabha election results. With the BJP short of majority in Lok Sabha elections, no government can come to power without them. Both parties —...
By Tirthankar Mitra KOLKATA: The debacle of the Congress in the Lok Sabha elections in West Bengal was not at all unexpected. With only Malda (South) Lok Sabha constituency in Congress kitty out of 42 seats in the state, the Grand Old Party is a faint shadow of its...
By Arun Kumar Shrivastav During the peak of election campaigning, Prime Minister Narendra Modi’s remarks about Mahatma Gandhi created quite a buzz, with many criticizing his take that nobody in the world knew about Gandhi until the Richard Attenborough-directed film Gandhi came out in 1982. Many people think Gandhi...
By Prabhat Patnaik A distinction is drawn in economics between demand-constrained systems and resource-constrained systems (which for simplicity and symmetry we shall call supply-constrained systems). In the former, an increase in output can occur if there is a rise in aggregate demand without causing any scarcity-induced inflation; in the...
By Girish Linganna Pakistan’s Prime Minister, Shehbaz Sharif, is currently in China for a five-day visit which kicked off on Tuesday (June 4). China is Pakistan’s closest and most significant partner. This is the prime minister’s first trip to China after the general elections held on February 8. The...
By Loren Balhorn As elections for the European Parliament get underway (June 6 to June 9), the parties of the Left have little to get excited about. In country after country, forces that ten years ago fronted what looked like a European-wide revolt against austerity are barely keeping their...
Prominent allies on Friday proposed the name of Narendra Modi as the leader of NDA, clearing the decks for him to become the prime minister for a third consecutive term. Modi’s name as leader of NDA parliamentary party was proposed by Rajnath Singh and supported by Amit Shah, Nitin Gadkari, and others...