Economy / The Economic Times
Met department forecasts a partly cloudy sky, heatwave, and strong surface winds for the day. Heatwave conditions, defined as a maximum temperature exceeding 4.5 degrees above normal, reaching at least 45 degrees Celsius, are expected.
DMK President M K Stalin criticizes PM Narendra Modi for divisive propaganda and neglecting key issues like reservation and welfare schemes in Tamil Nadu, accusing him of obstructing development projects and spreading lies during elections.
The head of a top Indian diaspora think-tank criticizes the US Commission on International Religious Freedom for lacking diversity and producing biased reports on India and Hindus. USCIRF announced new members Maureen Ferguson, Vicky Hartzler, Asif Mahmood, and re-appointments of Stephen Schneck, Eric Ueland. Khanderao Kand criticizes the missed historic opportunity for diversity and balance in the commission.
In Himachal Pradesh's Mandi Lok Sabha constituency, the BJP's Kangana Ranaut and Congress's Vikramaditya Singh engage in a fierce campaign focusing on development, governance, and legacy. The battle for voter support intensifies as the two candidates highlight their agendas and seek to sway the electorate.
AAP leader Atishi on Saturday claimed that Swati Maliwal is facing charges and potential arrest in an illegal recruitment case registered by the ACB and has been made the face of a conspiracy by the BJP. She further added that if CM Arvind Kejriwal had not been busy when Maliwal visited him, she might have accused him instead of Bibhav Kumar in the assault case.The AAP leader added that if the Delhi Police were impartial, they should register a case based on Delhi CM's aide Bibhav Kumar's compla
Donald Trump's allies aim to reshape the Justice Department to align with conservative causes, potentially compromising its independence and core values in a second Trump presidency.
Sony Pictures Entertainment and Apollo Global Management have taken a significant step forward in their effort to court Paramount, three people familiar with the matter said Friday. The two companies have signed nondisclosure agreements with Paramount, allowing them to look at Paramount's nonpublic financial information, said the people, who spoke on the condition of anonymity to discuss active negotiations. Paramount previously shared materials with another suitor, Hollywood studio Skydance. Ea
The Election Commission of India issued a showcause notice to Abhijit Gangopadhyay, a BJP candidate, for improper comments about Mamata Banerjee, seeking a ban on public activities and criminal proceedings.
The revision by the UN follows similar moves by other multilateral agencies following India's strong economic performance last fiscal.
The BJP aims to maintain and improve its performance in western Odisha, focusing on the leadership of Dharmendra Pradhan. The party won three out of five Lok Sabha seats in the region in 2019, and is working to secure its position in the upcoming polls. Pradhan, a prominent leader in the state, is contesting from Sambalpur this time. BJP faces competition from BJD, which has a strong presence in the region with schemes for the poor and tribals. The upcoming elections in Odisha are crucial, with
The United States has shown an understanding of the importance of the Chabahar Port operations for continued humanitarian supplies to Afghanistan and to provide Afghanistan with economic alternatives, the Ministry of External Affairs said on Friday, reminding Washington of its own position on the project.
Vi CEO Akshaya Moondra said the company's investment will focus on expanding and strengthening coverage in 17 priority circles to be competitive.
I extend gratitude to all stakeholders who played a crucial role in resolving the crisis of transportation of essential raw material from Adani Gangavaram Port Ltd to RINL. Their collective efforts have been instrumental in ensuring the continuity of RINL's operations and sustaining economic growth in the region, Bhatt said in a statement.
The National Company Law Tribunal (NCLT) Mumbai, while approving the resolution plan on February 27, directed IndusInd International Holdings Ltd to implement it within 90 days ending May 27.
The Federation of Indian Spice Stakeholders (FISS) on Friday said India's spice export may decline nearly 40 per cent in FY25 if the issue of ethylene oxide or EtO contamination in spices meant for exports is not addressed at the earliest. The statement came against the backdrop of Hong Kong and Singapore banning the sale of popular brands MDH and Everest after detecting carcinogenic chemical ethylene oxide in their products, leading to a mandatory recall from shelves.
India could become the third largest economy globally by 2027-28 if the country continues the growth momentum witnessed in the last two decades, 16th Finance Commission Chairman Arvind Panagariya said on Friday. He also said that during the last two decades, beginning 2003-4, India has ended extreme poverty. The extreme poverty, currently, is not more than 3 per cent of the total population.Growth has been across the board because poverty does concentrate in rural areas. With overall poverty fal
Addressing a session at the Confederation of Indian Industrys Annual Business Summit 2024, Tiwari said the idea is to bring skilling and education on a common platform which enables multiple entry and exits between education, skilling and employment through credits that in turn will help individuals scale up in their careers.
Union Finance Minister Nirmala Sitharaman took a ride on the Delhi Metro to Laxmi Nagar, engaging with commuters during her journey, emphasizing the significance of public transport and connecting with people's everyday lives.
A new white marble structure in Agra, Soami Bagh, has become a spiritual and architectural attraction, drawing tourists who compare it to the iconic Taj Mahal. Taking 104 years to build, the mausoleum stands as a testament to unwavering faith and dedication. While the Taj Mahal remains a top tourist spot for its romance and grandeur, Soami Bagh offers a unique blend of architectural splendor and spiritual solace, captivating visitors with its intricate craftsmanship and majestic presence.
Over the past 5-6 years, the average age of Indian consumers purchasing cars, premium smartphones, and large televisions has decreased significantly, indicating a shift towards younger demographics. Major car manufacturers like Maruti Suzuki, Hyundai Motor, and Mercedes-Benz note a decline in the average buying age from the 40s to the mid-30s, with over 70% of electric car buyers being in their 20s and 30s. Similarly, the average age for purchasing Apple iPhones and large-screen televisions has
The National Testing Agency said on Friday that the CUET-UG exam at a centre in Uttar Pradesh's Kanpur where the wrong question paper was distributed will be conducted on May 29. The agency also denied reports of the question paper being leak at the centre. The exam will be conducted on May 29 for over 220 students at an exam centre at Maharana Pratap Group of Colleges in Kanpur. This decision was taken after a wrong question paper was distributed on May 15, a senior National Testing Agency (NTA
The Telecom Regulatory Authority of India (Trai) will further strengthen rules around pesky communications, including increasing penalties, as it looks to curb the menace hurting mobile phone consumers. The regulator will also come out with a consultation paper in the coming months to tighten the rules.Already there is a Trai regulation and a robust system in place. But some people are misusing the system, so we will revise the system and make it stronger, Trai chairman Anil Kumar Lahoti said Fr
Air India has partnered with MedAire to offer emergency healthcare services to passengers and crew, becoming the first airline in India to integrate MedAire's medical assistance across its fleet. This collaboration aims to enhance in-flight medical support, reduce diversions, and ensure passengers' well-being by providing round-the-clock access to emergency physicians and guidance through MedAire's in-flight app, MedLink.
Creditors' haircuts in bankruptcy resolutions rose to 73% in FY24 from 64% in FY23. 269 resolution plans were approved by NCLTs, with a decline in new admissions due to Covid-19. The average resolution time also increased, impacting CIRPs and entities. NCLT passed liquidation orders for 446 corporate debtors in FY24.
The Reserve Bank of India (RBI) has approved the appointment of Pradeep Natarajan as Whole Time Director on the Board of IDFC FIRST Bank, the private sector lender said. RBI...has accorded its approval to appoint Pradeep Natarajan as Whole Time Director, designated as Executive Director of the bank for a period of three years, IDFC FIRST Bank said in a regulatory filing on Thursday. The bank further said it will take the necessary steps to complete the formalities for the appointment of Nataraja
The Directorate General of Foreign Trade (DGFT) is exploring global trade finance practices to align with India's future needs. Over 2.5 lakh bank realisation certificates (BRCs) have been self-generated under the revamped eBRC system, boosting ease of doing business. Stakeholders emphasize the importance of data flow in export credit and aim to enhance the trade finance ecosystem in India.
Sawant confirmed that she had indeed been diagnosed with cancer, and a 10cm tumour was found in her uterus. However, the Main Hoon Na star appeared as cheerful as ever and promised that she would soon be back to what she does best - dance, sing and entertain people. She also revealed that she would be undergoing surgery on Saturday.
Anita Goyal, wife of Jet Airways founder Naresh Goyal, passed away after battling cancer. Vijay Mallya expressed condolences, acknowledging her role in Jet Airways amidst ongoing investigations into the airline's financial dealings. Naresh Goyal's legal challenges were also referenced, with his recent bail granted in a money laundering case. Vijay Mallya's own legal situation, stemming from Kingfisher Airlines' financial troubles, remains unresolved as extradition efforts continue.
The Supreme Court urges prompt decision on Amandeep Singh Dhall's bail plea in a corruption case related to the scrapped Delhi excise policy, highlighting investigations by the CBI and ED, irregularities in policy modifications, and involvement of the 'South Group' until September 2022.
Disturbing allegations surfaced regarding Aam Aadmi Party's Rajya Sabha MP Swati Maliwal's assault at Delhi CM Arvind Kejriwal's residence by his PS Bibhav Kumar. Maliwal stated in the FIR that Kumar assaulted her unprovoked, slapping her multiple times, dragging her, and disregarding her pleas, even after she mentioned having her period.
The government is working on a policy for low grade iron ore beneficiation, a move that will increase the usage of iron ore with less iron content in steel production. Speaking to PTI, Steel Secretary Nagendra Nath Sinha said the Ministry of Steel along with the Ministry of Mines and the Ministry of Environment, Forest and Climate Change of India is working on the policy. When asked about the timeline, he said the policy on the beneficiation of low grade iron ore is expected to be completed with