INDIA GOVT

Govt orders inspection of structural strength of all airports

The civil aviation ministry ordered inspections of all Indian airports after a roof collapse at Delhi airport killed one and injured six. Terminal 1 operations were suspended, flights moved to T2 and T3, and over 100 flights canceled. A 24/7 war room was set up, and safety reviews will be conducted urgently.

First day JPM flows not a deluge, but bankers confident of steady flow going ahead

From Thursday to Friday, foreign portfolio investors (FPIs) increased their holdings in the index-eligible Fully Accessible Route (FAR) suite of government bonds by Rs 1,545.16 crore, bringing the total to Rs 1.86 lakh crore, according to data from the Clearing Corporation of India Ltd (CCIL) released at 6 pm. This increase left traders somewhat disappointed, as some market segments had anticipated a surge exceeding Rs 10,000 crore on Friday alone.

Kenya violence: Indian nationals advised to exercise 'utmost caution'

The Indian High Commission in Kenya issued a cautionary advisory to Indian nationals, urging them to exercise "extreme caution" due to the current "tense" situation caused by violent protests in various cities across the African nation. The unrest stemmed from contentious demonstrations in Nairobi and other urban centers following the passage of a controversial bill by the Kenyan parliament, which aimed to raise taxes.

Capital goods companies expected to post 9-11% revenue growth rate in FY25

As per the analysis, operating margin could moderate 80-100 basis points to 12-13% in fiscal 2025 as the market scenario continues to be highly competitive and exports remain sluggish.

After Telangana's Rs 31,000 cr farm loan waiver, Punjab farmers reiterate similar demand

The Telangana government has announced a farm loan waiver of up to Rs 2 lakh, benefiting nearly 40 lakh farmers at a cost of around Rs 31,000 crore. Punjab farmers have welcomed this decision and renewed their call for a similar waiver from the central government, arguing that the current cash benefit under PM Kisan is insufficient.

IMEE-EC's India-UAE segment on track: Ports' digital integration moves forward, set to be ready in 100 days

The strategic India-Middle East Europe Economic Corridor (IMEE-EC) is set to commence its India-UAE leg, with a digital platform for port information exchange expected to be operational within the first 100 days of the Modi government. The initiative, aimed at enhancing trade connectivity, faces challenges due to tensions in West Asia, but recent support from the G7 has bolstered its prospects. The corridor, divided into phases, will facilitate the movement of cargo from locations in India to Israel.

Right intentions but lacked focus on implementation: Sunita Narain on Modi 2.0's environmental record

In its second term, the Modi government focused on several initiatives, including scaling up renewable energy, improving forest cover, combating desertification, reducing air pollution, conserving wetlands, providing potable piped drinking water to all households, and eradicating single-use plastics.

The world's now oysterer: Why a coalition govt will likely add to India’s geopolitical heft, not reduce it

The Modi government has already set out to tweak its image. In his first address to NDA members on June 7, the PM said his government believed in the philosophy of 'Sarva Panth Sambhava' (all religions are equal)'. At the diplomatic level, the image of a friendly and more accommodating government would help win many more friends.

Modi stakes claim to form govt, says NDA-3 will put in even more efforts for the development of India

After meeting with President Droupadi Murmu to stake a claim for the formation of the new government, Narendra Modi announced that NDA-3 would redouble its efforts towards the development of India and the fulfillment of its people's aspirations.

Narendra Modi to take oath as PM on June 9 at 6 pm

India's Prime Minister Narendra Modi is set to take office on June 9, marking his third term. The Bharatiya Janata Party (BJP)-led National Democratic Alliance (NDA) declared Modi as their leader of coalition after winning 293 seats in the Lok Sabha polls. The BJP's biggest success came from Odisha, where it won 19 out of 21 seats and formed its first government in the state.

Minister resigns after illegal money transfer allegations

The ruling Congress gave up on him as the BJP sought to amplify it as a major scam under CMSiddaramaiah's watch. The government has formed a special investigation team to probe it, while the CBI has already taken up the matter on a complaint from Union Bank of India.

Assam government to start delimitation process, hold Panchayat elections in November; Congress accuses foul play

The Congress party in Assam won in three Lok Sabha seats despite alleged manipulation in last year's delimitation exercise, with the state government now initiating a delimitation process for panchayats aiming for elections by November. The political landscape of Assam has shifted after the recent delimitation of assembly and parliamentary constituencies, leading to changes in electoral dynamics and outcomes in the Lok Sabha polls.

Madras HC stops Centre from banning 'ferocious and dangerous' dog breeds

The Madras High Court has intervened in the Union government's plan to classify certain dog breeds as 'ferocious and dangerous,' potentially preventing a nationwide ban. While allowing the government to gather feedback, Justice Anita Sumanth's interim order halts the process criticized for lacking empirical evidence. The breeds in question include pitbull terrier, tosa inu, and others. The court adjourned the hearing until June 14.

INDIA bloc leaders meet at Kharge's residence to discuss possibilities of govt formation

Maruti Suzuki to invest Rs 450 crore over the next 3 years on renewable energy initiatives

Maruti Suzuki India plans to invest Rs450 crore in renewable energy initiatives like solar power and biogas over the next three years. The company has commenced production at its biogas plant at its Manesar facility by harnessing food waste and Napier grass resources.

Chinese companies may be permitted to dilute stakes in JVs with Indian partners

While decisions will continue to be made on a "case-by-case" basis with a focus on security concerns, sources suggest that this move could enable companies like Xiaomi and other prominent Chinese firms to expand their presence in India.

INDIA bloc will repeal the anti-people laws brought by BJP govt: Shashi Tharoor

Congress leader Shashi Tharoor on Tuesday here said the INDIA bloc, if it comes to power, will repeal the amendments made to the anti-terror law UAPA and references to religion in the law meant to grant citizenship to the refugees. There is no need for such a law which does not give a person even a chance to prove his innocence, he said, referring to the Unlawful Activities (Prevention) Act.

Amit Shah threatened to topple AAP govt in Punjab, this is dictatorship: Kejriwal

AAP leader Arvind Kejriwal accuses Union Home Minister Amit Shah of threatening to topple the Bhagwant Mann government in Punjab, alleging dictatorship in the country.

INDIA govt to scrap Agnipath scheme, send Rs 8,500 to women's accounts each month: Rahul Gandhi

The scheme, announced by the Narendra Modi government in 2022, envisages recruiting young soldiers, called 'Agniveers' after appointment, on a contractual basis for four years and retiring 75 per cent of them without certain benefits enjoyed by those who were not employed under this programme.

Modi govt is architect of destabilizing democratic state governments: Mallikarjun Kharge

In a fierce attack on Prime Minister Narendra Modi, Congress president Mallikarjun Kharge accused the central government of misusing its power to destabilize democratically elected state governments through agencies like the ED, CBI, and Income Tax Department. Speaking in Shimla, Kharge cited PM Modi's veiled threats at rallies in Nahan and Mandi, claiming the BJP aims to intimidate the Himachal Pradesh government. He assured that the INDIA Alliance would form the next central government, committed to protecting the Constitution and addressing real issues like employment and development.

BJP govt hell-bent on changing Constitution: Priyanka Gandhi

Congress leader Priyanka Gandhi Vadra alleged BJP-led govt is changing Constitution, weakening Parliament and judiciary in last 10 years at an election rally. Claims BJP will cut down reservations, weaken democracy. Mentions PM Modi putting former Jharkhand CM Hemant Soren behind bars on false cases, with his wife Kalpana fighting back fiercely.

AAP's Atishi accuses BJP-ruled Haryana govt of stopping Yamuna water supply to Delhi

Aam Aadmi Party (AAP) leader and Delhi minister Atishi Marlena has accused the Haryana government of a conspiracy to stop the Yamuna river's water supply ahead of the May 25 Lok Sabha elections. Marlena warned the Delhi government not to fall into the BJP's trap and warned that if the Haryana government does not take action, they may approach the Supreme Court.

India Inc gets inked; corporate leaders vote for stable govt, development, emancipation of poor

Industry leaders from Tatas, Ambanis, and Birlas vote in Mumbai during the Lok Sabha elections, focusing on development, economic growth, and voting choices in Maharashtra.