Tag: india politics
Gaganyaan’s TV-D1 flight launches successfully
The lift-off of the Gaganyaan mission’s unmanned test flight, TV-D1, successfully took place today after initial hiccups. Test Vehicle D1 mission was launched for a lift-off from the first launch pad from Andhra Pradesh’s Sriharikota at 10:00 am. The brie...
India Says Procurement Helped In Food Security
NEW DELHI: Slamming the US, the European Union, Japan, Australia and Brazil, which are seeking to limit spending on procurement of rice and wheat by agencies such as FCI, India has asked them to shed their “arrogance” and agree to reforming the global tra...
Looking To Cut Debt Burden: FM
NEW DELHI: Finance minister Nirmala Sitharaman said on Friday that the government is looking at reducing its debt burden further and has already resorted to prudent spending by resisting the temptation of fiscal profligacy, especially after the pandemic,...
Interest Rates Will Stay High For Now: RBI Governor
NEW DELHI: Reserve Bank of India (RBI) governor Shaktikanta Das said interest rates will stay high, without offering any indication of when softening could start. Monetary policy must remain “actively disinflationary” to ensure the decline in retail infla...
Shinde orders Janata Darbar by ministers
Maharashtra Chief Minister Eknath Shinde has ordered nine Shiv Sena ministers to hold a ‘Janta Darbar’ at Shiv Sena Balasaheb Bhavan for five days a week to resolve the problems of the poor related to agriculture, any ministry or at the village or taluka-...
Number Of Women In Blue-Collar Jobs Increasing Across Manufacturing Sector
KOLKATACHENNAIMUMBAI: “Lady candidates need not apply.” So read the postscript in a job notice from Telco (now Tata Motors) on a notice board in the corridors of the Indian Institute of Science, Bangalore (now Bengaluru), in 1974. Irked, Sudha Murty, who...
Strengthening US Dollar Is A Global Risk: RBI Paper
MUMBAI: The Reserve Bank of India’s (RBI’s) ‘State of the Economy’ report has flagged the US dollar’s continued strengthening as a global risk. This will further tighten financial conditions, according to the report, despite India adding more to its forei...
Centre Clicks Enter For Online Nod To IT Hardware Imports
NEW DELHI: India, on Thursday, launched a new online system of authorisation for import of laptops, tablets, and personal computers, aiming to monitor shipments of such hardware without hurting supply. The restriction-free system comes two months after th...
Govt Eases Drawing Rights To Put Spending On Fast Track
NEW DELHI: Seeking to improve cash management, the finance ministry has allowed ministries and departments to fully leverage existing sanctions to fund central sector schemes (CSSs), before seeking fresh ones. Sanction orders will be released to new agenc...
Google Announces Plan to Manufacture Pixel Phones in India, Starting With Pixel 8
Google on Thursday announced that it plans to start manufacturing Pixel smartphones in India. The search giant will produce the Pixel 8 in India and the first units are expected to be available in 2024. The Pixel 8 was launched by the company in India and...
No Caps Or Country-Specific Curbs Under New Laptop Import Policy
NEW DELHI: The government on Thursday sought to allay the concerns over the decision to put imports of certain computer hardware in restricted category, with mandatory licensing, by coming up with a liberal authorisation process. In what would provide rel...
Red Opening Marks A Challenging Start For Indian Stock Market Amidst Global Headwinds
MUMBAI: The stock market faced a daunting challenge as it opened in the red on Friday, failing to sustain the initial optimism and slipping into negative territory. The benchmark Sensex was down by 182.36 points, opening at 65,446.88, while the Nifty drop...
Elon Musk’s Wealth Shrinks By $16 Billion After Tesla Results
Elon Musk experienced a significant drop in his fortune, losing $16.1 billion on Thursday, following Tesla Inc’s disappointing third-quarter earnings report, which negatively impacted the company’s shares. Despite being the world’s richest person with a n...
Russia Makes Up 40% Of Indian Oil Imports, Dents OPEC’s Share
The share of Russian oil in India’s overall imports rose to about two-fifths in the first half of fiscal 2023/24, consolidating Moscow’s position as the top supplier as refiners curbed purchase from the Middle East, industry data showed. India, the world’...
SP releases second candidates list for MP
The Samajwadi Party (SP) has announced its second list of 22 candidates for the assembly elections in Madhya Pradesh amid strained ties with its INDIA grouping ally Congress over the formation of an alliance in the state. The SP announced its second list...