POWER REFORM
RSS' Vidya Bharti pitches for reforms in entrance exam pattern
Vidya Bharti, tied to RSS, proposed aptitude-based exam changes following the NEET-UG leak to reduce student stress. Suggestions like open book exams, question paper banks, and JEE Advanced-style testing were sent to a panel led by K Radhakrishnan. D Ramakrishna Rao, in New Delhi, emphasized ending rote learning and coaching, targeting regular exams.
NEET controversy: Education reforms need to tackle the ‘how’, not just ‘what’ and ‘why’
The NEET controversy has also highlighted the requirement of derisking admission tests. It cannot be that if one test comes under the cloud, then there's no other backup for students. Reform initiatives in sensitive, critical sectors like education need to be injected in a manner that students are insulated from any potential failure. National Testing Agency (NTA), at the heart of this reform process and now of the controversy, conveys a serious gap between conceptualisation and execution.
Go back to schools to root out NEET-type malaise
The high-powered committee on entrance exam reforms, set up following the NEET-UG fiasco, is learnt to have received several of these inputs. Academics, experts and officials associated with the education ministry over the years have highlighted the urgent need to restore the primacy of school-level teaching and learning and for more 'distributed' school-level weightage in entrance exams.
UK government warns of Russian interference in general election
Farage -- an admirer of former US president Donald Trump -- dismissed claims that Russian bots might interfere in the election as "cobblers", using a British slang term for nonsense. He has been criticised in the campaign for saying that the West provoked Russia's invasion of its neighbour Ukraine.
Only comprehensive reform can enable UNSC to effectively manage global conflicts: India
India has urged for urgent reforms to the UN Security Council as the United Nations approaches its 80th anniversary next year, emphasizing the need to expand both its permanent and non-permanent categories to manage current global conflicts more effectively. This call was made by Pratik Mathur, Minister in India's Permanent Mission to the UN, during a UN General Assembly debate on the Annual Report of the UN Security Council.
What Indian industry wants from Modi's budget after poll setback
The upcoming budget aims to boost consumption, support farmers, create jobs, and reform tax systems. It focuses on tax cuts, lifting export restrictions, job creation incentives, and simplifying tax regimes like capital gains and GST for a stronger economic outlook.
- Go To Page 1
We could stop beating about GST
States may need less convincing about basic reform of the GST with their reservations over revenue neutrality successfully laid to rest. The council can step up the pace of building consensus over converging the actual weighted average GST with the revenue-neutral rate proposed before the new tax was introduced.
Expectation is that reforms will continue, but it may not be as simple as that: Ketan Dalal
"Let’s take a look at some key areas where reforms are needed, but could be impacted; a crucial area of reforms is that of land reforms, given the need to promote India as a manufacturing hub and to leverage the China + 1 opportunity."
Kabirdas Jayanti 2024: Date, significance, history, time and other details
Kabirdas Jayanti, or Kabir Prakat Diwas, honors the birth anniversary of the revered mystic poet and social reformer Kabir Das. Celebrated on the full moon of Jyeshtha (May or June), this day in India pays tribute to Kabir's legacy of love, tolerance, and social harmony. His teachings, emphasizing the unity of God and the futility of religious divisions, continue to inspire people worldwide. Kabir's poetry, sermons, and aphorisms reflect his profound impact on spiritual thought, making Kabirdas Jayanti a significant festival that celebrates India's cultural heritage and Kabir's enduring message of unity and justice.
Chakri Lokapriya's top midcap stock picks for near term
I think defence, semiconductor, industrial, infra are easy reforms for the current government in the current shape to continue because even the allies, for instance, Naidu is a very reform-oriented person.
ETMarkets Smart Talk: Housing, building material & related sector might be a dark horse in Modi 3.0
Whether the thrust on railway, defence & environment for capex would pan is not clear at this point, and markets hate uncertainty & de-rating happens when growth is not certain
Lok Sabha results won't force India's budget to make significant policy shifts: Fitch
Fitch Ratings anticipates minimal policy shifts in India post-election losses. The upcoming July budget will detail economic reform plans and fiscal goals for the next five years, crucial for addressing fiscal metrics, reducing debt, potential deviations from capital expenditure commitments, the risk of heightened social spending, progress in judicial reforms at the state level, and reforms in the manufacturing sector.
Coalition politics, weakened mandate could make passing legislations on ambitious reforms challenging: Fitch
Fitch Ratings predicts that the new government in India, led by Narendra Modi, will face challenges in passing legislation on ambitious reforms due to coalition politics and a weakened mandate. Major reforms to land and labour laws will remain on the agenda, but these have been contentious and the NDA's weaker mandate could complicate their passage further. The BJP fell short of a single-party majority in the 543-seat lower house of parliament for the first time since its latest period in government in 2014.
Modi 3.0 has heavy lifting to do on tax reforms to managing stock risks
Economists outline key priorities for India's incoming government, emphasizing the need for growth, job creation, and macro stability. Pronab Sen highlights the importance of sustainable livelihoods, while Pranjul Bhandari suggests that 'easy' reforms could maintain 6.5% growth. However, achieving 70 million jobs requires politically sensitive reforms in agriculture, labor, and land. Additional recommendations include infrastructure investment, judicial reforms, enhancing export competitiveness, and further tax reforms, particularly bringing petroleum and power under GST.
Is it prudent to chase FMCG stocks or wait for correction? Gurmeet Chadha answers
The tougher reforms I think might take a bit of a backseat or probably would require more manoeuvring but the normal policy reforms like the price to be given for defence or power solar panels or auto and in general the economic reforms which are more BAU and not really needs coalition dharma will continue.
Expect some degree of volatility till the Budget: Sunil Subramaniam
But I now expect consumption to redress the balance and you will get a far more broad-based recovery, that is number one. Number two is I think that now with the lessons of what happened in this election, we expect the BJP itself to take necessary corrective action since it has got power for the next five years so that the very next election they will be in a position.
Coalitions, building economic agreement
India's economic reforms are not slowed down by re-entering coalition politics. The country has a history of tough decisions and reformist outcomes under coalition rule since the 1990s.
Peak power demand bounces back to nearly 241 GW on Tuesday
Earlier in May, the power ministry projected a peak power demand of 235 GW during daytime and 225 GW during evening hours for May and 240 GW during daytime and 235 GW during evening hours for June 2024.
Brute majority or coalition pressure, India's growth to be perpetual theme
India's growth story may thrive under a coalition rule despite no party having an absolute majority. Past data suggests coalition governments have effectively boosted growth but struggled with inflation. Inflation rates varied under different regimes, with Narendra Modi's government seeing 5.4% inflation during its tenures.
From Street darlings to sell-off targets, PSUs feel the heat
PSUs tanked in trading post BJP's election setback. Concerns arise over govt's focus on reviving state-owned companies. Stocks plunge, eroding market cap by ₹10.62 lakh crore.
Modi retaining power under changed circumstances to make reforms challenging: Economists
Economists warn that PM Narendra Modi's retention in power after the general elections under 'changed circumstances' will pose challenges for implementing critical reforms.
Will an empowered Modi bring back a big-bang reform?
If exit polls are accurate and Prime Minister Narendra Modi returns to power with a strong majority, major economic reforms are expected. This might include revisiting land acquisition laws to facilitate industrial growth. Land reforms are crucial for India's manufacturing ambitions. Digitisation of land records could streamline processes and accelerate development projects.
India's power sector anticipates healthy growth in FY2025; demand seen remaining strong at around 6%
The healthy demand growth continued in the first two months of FY25 at over 10 per cent supported by a favourable base. The report stands validated by the record maximum power demand of 250 GW on May 30, as announced by the Ministry of Power.
Kazakhstan President bats for dialogue & diplomacy on Ukraine akin to India’s position
India's stance on the Ukraine conflict has garnered praise from various sources. During a recent trip to Singapore, the President of Kazakhstan, a neighbor of Russia, echoed India's position and elucidated why his nation opted for neutrality. This move countered criticisms directed towards the largest state in Central Asia.
Pledged $2.6 bn sovereign loans to India in 2023: ADB
The Asian Development Bank (ADB) has pledged $2.6 billion in sovereign lending to India in 2023 for projects aimed at urban development, industrial corridor projects, power reforms, climate resilience, horticulture, and connectivity. The multilateral lender also committed over $1 billion for private sector projects and extended $23.53 million in technical assistance and $4.1 million in grants.
ADB commits USD 2.6 billion in sovereign lending to India
Asian Development Bank (ADB) committed USD 2.6 billion (about Rs 21,500 crore) in sovereign lending to India in 2023 for various projects. The fund is aimed to strengthen urban development, support industrial corridor development, promote power sector reforms, build India's climate resilience, and enhance connectivity.
Fix our jugaad cities first, then get viksit
Indian cities face safety risks like crashing billboards in Mumbai due to poor urban governance, highlighted by unpermitted hoardings and inadequate safety measures. Janaagraha Centre for Citizenship and Democracy stresses the importance of reforms for urban governance.
Two dead, hundreds injured as riots sweep New Caledonia
Two people were killed and hundreds injured in New Caledonia during a second night of rioting, as anger over constitutional reforms from Paris boiled over. The violence began as pro-independence demonstrations and has spiraled into three days of the worst violence seen on the French Pacific archipelago since the 1980s. Despite heavily armed security forces fanning out across the capital Noumea and the ordering of a nighttime curfew, rioting continued overnight virtually unabated.
Tata Power to target 20% share in PM Surya Ghar Muft Bijli Yojana: CEO
"The expectation is that in the next 4-5 years, about 25-30 GW of capacity will be added. We are looking to cover about 20% of this but it will be over five years. It will be flat in the initial years but possibly from the second or third year, we will see much more capacity getting added."
Load More
