By Sushil Kutty AAP leader Atishi Marlena’s talent is to look straight into the camera and say the piece given to her. AAP convener Arvind Kejriwal’s talent is to get into controversies. But the best thing that could happen to Kejriwal was the INDI-Alliance, without which Arvind would have...
By Dr Arun Mitra The Insurance Regulatory and Development Authority of India (IRDAI), has asked health insurance companies to abolish the age limit of 65 years and provide it to everyone, regardless of their age. This sounds to be a good decision. The question however is whether insurance based...
By Harihar Swarup Injured pride can be a major motivating factor and there is a lot riding on it in Maharashtra. The aggressive BJP had outsmarted master strategist Sharad Pawar and Uddhav Thackeray, inheritor of Balasaheb Thackeray’s Maratha legacy, by supporting the split in their parties. For both leaders,...
By Anjan Roy There are reports in the financial press that the International institutional investors are moving their funds out of the Indian technology scrip. The reason: there is the calculation that the Indian ITeS sector is not getting tuned to the new artificial intelligence tools and therefore likely...
By Tirthankar Mitra Come June 4, the outcome of poll battle in Bongaon constituency of West Bengal will be a nay or nod to CAA NRC and related issues not only in the state but also in bordering states far away from it. Predominantly inhabited by Matuas, a Hindu...
By James M Dorsey US President Joe Biden doesn’t fit the mould of a high-risk gambler. Yet, gambling is the crux of his velvet glove dealings with Israel. With one eye on Israeli politics and the other on presidential elections in the United States in six months, Biden is...
NEW DELHI: The telecom regulator will strengthen rules around pesky communications and also send its recommendations to the government soon if OTT communication players such as WhatsApp, Signal, Telegram, etc, need to be regulated. Telecom Regulatory Authority of India (Trai) chairman Anil Kumar Lahoti Friday told reporters that recommendations...
NEW DELHI: The United Nations raised India’s 2024 growth forecast to 6.9% from 6.2% projected earlier, on the back of a strong domestic economy. “India’s economy is forecast to expand by 6.9% in 2024 and 6.6% in 2025, mainly driven by strong public investment and resilient private consumption,” the...
NEW DELHI: Global automakers are likely to get relief as the government may consider existing investments in electric vehicle (EV) manufacturing for import concessions. Under the new EV policy, these companies may qualify for a lower import duty of 15% for a three-year period. However, officials said the decision...
NEW DELHI: Finance Minister Nirmala Sitharaman on Friday said the country needs to ramp up its manufacturing sector to increase its share in the global value chain and become ‘Atmanirbhar’. Addressing the captains of the Indian industry at a CII Annual Business Summit, the minister also underlined the need...
MUMBAI: The Reserve Bank of India has urged asset reconstruction companies (ARCs) to follow the regulations in letter and spirit, and directed them to conduct the recovery process responsibly by following transparent and non-discriminatory practices. his was conveyed by senior RBI officials at a closed-door conference the banking regulator...
Secretary, Ministry of Steel, Nagendra Nath Sinha said on Friday that the government is working on introducing a green hydrogen-based process in the steel industry where the iron will be directly reduced with 100 per cent hydrogen, resulting in a sharp reduction in carbon emissions. “This technology for Direct...
India is seeking more data, and greater transparency from its steel-makers on embedded carbon-emissions during the metal-making process, especially with CBAM getting into the transitional phase. The steel industry, in India, accounts for roughly 12 per cent of the total CO2 emissions, registering an average emission intensity of 2.6...
NEW DELHI: India is looking at forming an iron-ore beneficiation policy, whereby low-grade ore would be upgraded to higher variants, Steel Secretary Nagendra Nath Sinha, said. The move would help maximise the use of ore with less iron content in steel production. The use of ore with less iron...
BENGALURU: India’s pulses exports during 2023-24 declined 22 per cent in volume and 2.5 per cent in value terms on a slowdown in purchases by key buyers such as Bangladesh, China and the United Arab Emirates on higher prices. Pulses exports stood at 5.94 lakh tonnes (lt) during 2023-24...
MUMBAI: The frenzy of some of the Urban Co-operative Banks (UCBs) to acquire large corporate exposures, which are beyond their bite size, should be strictly avoided, according to Swaminathan J, Deputy Governor, RBI. Further, there is a need to closely monitor the existing large exposures. “Concentration risk whether it...
By Dr. Gyan Pathak Freebees, promised and actually delivered, have been by and large welcomed by the electorate over 40 years of age across the country throughout the first five phases of election campaigns. However, sharp fall in employment has made the unemployed youth little more concerned, though PM...
By Girish Linganna India’s Spy agency, the Research and Analysis Wing, is facing more scrutiny due to growing claims of its international operations, including alleged assassinations and meddling in foreign affairs during Prime Minister Narendra Modi’s second term in office. Experts believe that, during Modi’s decade in office, India’s...