LUCKNOW: Crores of devotees descending on the banks of the Sangam to be part of the world's largest religious congregation underscores its unparalleled magnitude. The Mahakumbh, for some, serves as a path to spiritual fulfilment; for others, it is an opportunity to seek salvation. Many are drawn by curiosity about the rituals and the spectacle of such a vast assembly. However, the millennia-old, 46-day event, with an anticipated footfall of over 40 crore, is also a significant economic driver, c

BENGALURU: Chief Minister Siddaramaiah called upon police officers to be citizen-friendly so the government can focus on development without concern. He also directed police to create an atmosphere of fear for criminals and a fearless environment for the public. He was speaking after inaugurating 128 residential quarters for police personnel next to Pulikeshinagar police station on Lazar Road. Earlier in the day, the Chief Minister, Deputy Chief Minister DK Shivakumar, Home Minister G Parameshwa

CHENNAI: The southern bench of National Green Tribunal (NGT) on Tuesday flagged concerns over a real estate project bordering Madambakkam Lake. It had received a private complaint on the matter. The bench, consisting of judicial member Pushpa Sathyanarayana and expert member K Satyagopal, directed the state government pleader D Shanmuganathan to verify whether the project secured all approvals and if so, the ground on which the approvals were granted. We want to know whether the mandatory buffer

KAKINADA: Lambasting the previous YSRCP government for ruining the State economy, Agriculture and Fisheries Minister K Atchannaidu said the TDP-led NDA government is striving to put it back on the rails. Speaking at a programme organised to distribute compensation to fishermen, who lost their livelihood due to the laying of pipeline by ONGC, he said the financial assistance to fishermen during the period of ban on hunting has been increased from Rs 10,000 to Rs 20,000, which will be credited int

NEW DELHI: The architect of the first round of Indias economic reform Dr Manmohan Singh , the former prime minister and finance minister breathed his last late on Thursday night. Mr Singh, who is known for heralding the era of market economy in India, is fondly remembered more for his stint as the finance minister of India under Prime Minister PV Narasimha Rao than his two stints as the prime minister in the UPA government from 2004 to 2014. Dr Manmohan Singh kick-started the economic reform p

NEW DELHI: Hailed as the architect of India's economic reforms , former prime minister Manmohan Singh, in one his last interviews, had said in 2019 that the country's economy was over-regulated, the government exerted control and interferences were aplenty with even regulators having morphed into controllers. Speaking to PTI in an exclusive interview on May 5, 2019, days before his successor Narendra Modi returned as prime minister for a second consecutive term, Singh cited the-then economic gro

Dr. Manmohan Singh, widely regarded as one of India's most influential economists, left a lasting impact on both the countrys economic policies and global economic thought. As the chief architect of India's economic liberalisation, he played a pivotal role in the 1991 economic reforms during a severe balance of payments crisis, when foreign exchange reserves were at an all-time low. The former Prime Minister, who passed away on Thursday, will always be remembered as the leader who championed the

NEW DELHI: The second day of the special debate on the 75th year of the Constitution saw fireworks after Parliamentary Affairs Minister Kiren Rijiju attacked the Congress citing BR Ambedkars resignation letter to Jawaharlal Nehru and accused the party of humiliating him. Rijiju said Ambedkar did not get any ministry related to economy despite him expressing his interest clearly. Ambedkar told Nehru that his first priority was economy, but he did not get those ministries. He was also not included

MUMBAI: Chief Minister Devendra Fadnavis on Friday said Maharashtra will be a trillion dollar economy by 2028-30 and play a key role in Indias growth story under Prime Minister Narendra Modi. He said Mumbai will play a major role in the growth of Maharashtra and the financial capital of India will become the countrys fintech capital in the coming years. Maharashtra will be the first one trillion dollar economy of the country. In the last fiscal, we targeted and crossed the half trillion dollar b

WASHINGTON: A soft-landing of the global economy, which has experienced tremendous stress over the past several years, is increasingly a possibility, Union Finance Minister Nirmala Sitharaman said Friday. Observing that better days are ahead primarily because of the coordinated action between countries and multilateral financial institutions, the finance minister at the same time sounded a note of caution that economies are not really picking up that much yet. The largest sense which prevailed i

NEW DELHI: The Congress on Friday said inequality, wage stagnation and inflation were structurally corrosive to India's long-term growth prospects and urged the government to address concerns over the growing financialisation of the Indian economy. Congress general secretary in-charge communications Jairam Ramesh said the centrality of increasing the rates of private investment as a percentage of GDP in order to sustain higher rates of economic growth was incontrovertible. These rates have falle

NEW DELHI: Asserting that the last 10 years have seen highly detrimental economic trends, the Congress on Sunday said the monsoon has receded but at least hree dark clouds of languishing private sector investment, stagnating manufacturing and decline in real wages and productivity for labourers, still loom over the Indian economy. Congress general secretary in-charge communications Jairam Ramesh said bombastic claims on the economy are being made by Prime Minister Narendra Modi, but what these

COLOMBO: Sri Lankas economic crisis is directly linked to its governance crisis, and unless accountability issues, including corruption and democracy deficit, are addressed, the island may not be in a position to overcome its current challenges, subject experts say. As Sri Lanka goes to polls on September 21, poor governance remains a key concern. To restore public trust and to change the countrys trajectory, a few measures must be taken in the first 100 days of a new presidency, including the a