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'Make in India' initiative can add to engines of global growth: PM Modi at SCO Summit
Modi said that India has contributed significantly to enhancing the economic agenda of the SCO grouping with institutionalised mechanisms such as the SCO Startup Forum and Special Working Group on Startup and Innovation.
India developing Chabahar Port holds 'great value' to landlocked Central Asian states: PM Modi
PM Modi at the SCO Summit emphasized Chabahar Port's role in India-Central Asia trade, Afghan wheat aid despite Iran sanctions, and de-risking Eurasian commerce. The 10-year Iran contract and North-South Transport Corridor enhance connectivity, bypassing Pakistan. Jaishankar stressed non-discriminatory trade and recent progress through a long-term agreement with Iran.
RBI MPC minutes: Panelists flag incoming impact of 'exceptionally' warm summers on food inflation
The Reserve Bank of India's (RBI) Monetary Policy Committee members raised concerns about inflation pressures due to "exceptionally" warm summers, impacting perishable goods and crop output, as per their latest meeting minutes. RBI Governor Shaktikanta Das expects retail inflation to moderate to 4.5% in FY25 but warns of near-term challenges.
NDA strengthened foundation of a 'new politics' in South with its LS poll performance: PM Modi
Prime Minister Narendra Modi praised the National Democratic Alliance's success in South India during the recent Lok Sabha polls, highlighting victories in Kerala and Andhra Pradesh. Despite not winning seats in Tamil Nadu, Modi emphasised the rise in NDA's vote share as a positive sign for the future. He also acknowledged the sacrifices made by BJP workers in Kerala and expressed optimism for the alliance's growing influence in the region.
Timely rescue of firms pushes IBC recovery to 49%
Creditors in India have been able to recover nearly half of their claims under the Insolvency and Bankruptcy Code (IBC) when the resolution is completed within the 330-day deadline. However, delays have lowered the proportion of money recovered. The IBC was introduced eight years ago and has been the most challenging to address due to litigation-related holdups. Experts have called for amendments to the IBC to address this issue.
Congress pays tributes to Nehru on death anniversary, calls him the architect of modern India
The Congress paid tribute to India's first prime minister Jawaharlal Nehru on his death anniversary. The Grand Old Party highlighted his role as the architect of modern India and a dedicated guardian of democracy. Party leaders Mallikarjun Kharge, Sonia Gandhi, and Rahul Gandhi honored Nehru's contributions to the country's progress, unity, and values.
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Triangular contest: Industrialist Naveen Jindal faces big fight in Kurukshetra
The outgoing MP in the Lok Sabha from Kurukshetra is Nayab Singh Saini who had replaced M L Khattar as the Haryana chief minister in March and is now contesting the Karnal assembly bypolls on May 25, the day when voting for all the 10 Lok Sabha seats will be held. Jindal switched from Congress to the Bharatiya Janata Party (BJP) in March. While in Congress, he represented Kurukshetra between 2004-2014. His late father and noted industrialist O P Jindal has also represented Kurukshetra earlier.
Govt evaluating RBI proposal for higher infrastructure provisioning; bankers, NBFCs voice concern
Lenders may oppose the draft rules, which proposes provisioning of up to 5% from current 0.4%, due to concerns over rising interest rates and potential disruption to capital expenditure. Banks plan to lobby against the steep increase, arguing it could affect project viability and economic momentum. State-owned NBFCs and infrastructure firms are also raising concerns, emphasizing the need to balance risk and support for infrastructure financing.
Sadhguru undergoes emergency surgery for brain bleeding; from headaches to photosensitivity, 11 haemorrhage red flags
Sadhguru had to be admitted to the Apollo Indraprastha Hospital in Delhi after he was diagnosed with brain bleeding, a life-threatening condition. He underwent surgery. Severe headaches and dizziness can be one of earliest signs of this condition.
PM Modi flags off India's first automobile in-plant Railway siding project
Prime Minister Narendra Modi inaugurated India's first automobile in-plant railway siding project of Maruti Suzuki India in Hansalpur, Gujarat. He also laid the foundation stone for railway projects worth ₹85,000 crore, including the launch of 10 new Vande Bharat trains. Maruti Suzuki plans to build similar facilities in Manesar and Kharkhoda.
China flag on rocket a mistake: Tamil Nadu Minister Anitha Radhakrishnan
The controversy erupted following a newspaper advertisement by the DMK government promoting the laying of the foundation stone for ISRO's second launch pad complex in Kulsekarapatinam, which showcased a 'China flag' among rockets from other countries in the background.
PM inaugurates, lays foundation stone of projects worth over Rs 19,100 crore in Bulandshahr
Prime Minister Narendra Modi launched development projects worth over Rs 19,100 crore in Bulandshahr district, Uttar Pradesh. The projects include a 173-km-long double-line electrified section on the dedicated freight corridor, rail line connectivity improvements, road projects, and the inauguration of Indian Oil's Tundla-Gawaria pipeline.
India sends warship after hijacking of Liberian-flagged vessel in Arabian Sea
"The sudden revival in ship hijacking and attacks can only be attributed to the pirates' willingness to take advantage of the fact that the focus of anti-piracy maritime forces has largely shifted from the Gulf of Eden to the Red Sea," Abhijit Singh, head of the Maritime Policy Initiative at the Observer Research Foundation think tank in New Delhi said.
CCI study on mining sector flags iron ore pricing, export issues
A study by the Competition Commission of India (CCI) has highlighted the potential for competition concerns in the iron ore market in India. The study, which focused on the mining sector, found that differential pricing of iron ore from captive mines could create entry barriers and disrupt efficient production.
Congress foundation day: Party's objective is public welfare, progress of people, says Kharge
The Congress believes in an India that is based on parliamentary democracy, where there is equality and opportunities for all without any discrimination, and where political, economic and social rights enshrined in the Constitution are followed, Kharge said.
Developed world has let whole world down on green funding commitments: Piyush Goyal
Commerce minister claims major Western financial markets exhibit unfavourable business practices towards firms and nations pursuing green objectives.
PM Modi lays foundation stone of various projects worth Rs 5,000 cr in Rajasthan
Prime Minister Narendra Modi has laid the foundation stone for various projects worth Rs 5,000 crore in Jodhpur, Rajasthan. The projects include a trauma centre and critical care hospital block, critical care blocks for the health infrastructure mission, a new terminal building at Jodhpur Airport, and the IIT Jodhpur campus.
Final call to take down content left to intermediaries: Govt submission to Bombay HC
The Central Government in its submission to the Bombay High Court has clarified that the fact check unit proposed to be set up by the government will focus on patently false government-related content, and that its role is only to flag and present views on misinformation, leaving the final call to (take down content to) intermediaries.
IT Rules: Bombay HC directs Centre to file reply to petitions of Editors Guild of India, Association of Indian Magazines
The court directed the government to reply by June 20 to the petitions, including fresh pleas by the Association of Indian Magazines and the Editors Guild of India, against the amendments, which allow the government to set up a fact-checking body to identify “fake or false or misleading” information about any business of it on social media.
Nandan Nilekani to invest $3 million in Centre for Digital Public Infrastructure
Philanthropist and non-executive chairman of Infosys Nandan Nilekani will make the investment over two years through non-profit Co-Develop. The CDPI is currently engaged with five countries: the Philippines, Bangladesh, Rwanda, Kenya and Ethiopia.
Entrepreneurs flag lack of ‘credence’ as IAMAI not representing their interests, favouring Big Tech
This signals a deepening of the chasm between the interests of global internet majors such as Google and Facebook and that of the local startups over issues ranging from pricing policies to digital regulations.
PM Narendra Modi flags off Kerala's first Vande Bharat Express train
Prime Minister Narendra Modi on Tuesday flagged off Kerala's first Vande Bharat Express train between Thiruvananthapuram and Kasargod at Thiruvananthapuram Central Station. The train will cover 11 districts namely Thiruvananthapuram, Kollam, Kottayam, Ernakulam, Thrissur, Palakkad, Pathanamthitta, Malappuram, Kozhikode, Kannur and Kasargod.
Kerala: PM Modi to flag off India's first Water Metro in Kochi today
Water Metro is a unique urban mass transit system with the same experience and ease of travel as that of the conventional metro system. It is very useful in cities like Kochi.
Comprehensive CAG audit for all district mineral foundations
DMFs are statutory authorities, operating like a trust, which a state government sets up in districts affected by mining. They are funded through the contribution from miners.
PM to launch, lay foundation for projects worth Rs 11,355 crore in Telangana on April 8: Union minister
At Secunderabad Railway station, the Prime Minister will flag off the train service between Secunderabad in Telangana and Tirupati in neighbouring Andhra Pradesh. This is the 13th Vande Bharat train to be introduced in the country, a release from Union Tourism and Culture Minister G Kishan Reddy's office said on Sunday.
Congress Foundation Day: Kharge attacks govt, says society being divided by hate
Congress president Mallikarjun Kharge on Wednesday attacked the government, saying the fundamentals of India are being constantly attacked and the society is being "divided by hate".
SC judge who heard Nupur's plea bats for mandatory regulation of social media, flags agenda-driven attacks on judges
The remarks by Justice Pardiwala at an event here come amid an uproar by a section over the strong oral observations of a vacation bench, in which he was a member, against suspended BJP leader Nupur Sharma for her controversial comments against Prophet Mohammed. The apex court had said that her "loose tongue" has "set the entire country on fire" and she should apologise.
'We do not accept funds in any form': Ratan Tata flags fake Facebook page, urges fans to verify before making donations
Tata shared an email ID with his fans to verify the authenticity of any outlet in the future.
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