Tag: india politics
BRS govt remote controlled by Modi: Priyanka
AICC general secretary Priyanka Gandhi Vadra on Wednesday alleged that the BRS government in Telangana is being run by Prime Minister Narendra Modi with a remote control. Addressing an election rally here, she claimed that Chief Minister K Chandrasekhar R...
RBI May Opt To Roll Over $5-Billion Forex Swap
MUMBAI: The Reserve Bank of India (RBI) could consider rolling over a $5-billion foreign exchange swap set to mature next week as the central bank, which has repeatedly flagged inflationary risks stemming from excess funds with banks, prioritises liquidit...
India Inc On Long Journey Towards Inclusion
BENGALURU/NEW DELHI: The mood on the ground in Corporate India is clearly towards inclusion, notwithstanding the Supreme Court saying no to same-sex marriages. HR and diversity, equity and inclusion (DEI) heads at leading corporates including Godrej, Lupi...
CCI Brings Draft Leniency Plus Rules For Cartels, Invites Comments
NEW DELHI: The Competition Commission of India (CCI) has invited stakeholder comments for its Leniency Plus regulations, which incentivise companies already under investigation for one cartel to report other cartels. Under Leniency Plus, a cartelist coope...
Telecom Majors Likely To Plead For Review Of SC Licence Fee Ruling
KOLKATA: India’s top telcos are expected to file a review petition against the Supreme Court’s ruling to treat licence fees as a capital expenditure that could potentially prompt authorities to raise hefty retrospective demands, including penalties on ope...
India To Spend Rs 143 Trillion On Infrastructure By 2030
New Delhi: India will spend nearly ₹ 143 lakh crore on infrastructure between fiscals 2024 and 2030, more than twice the ₹ 67 lakh crore spent in the past seven financial years starting 2017, rating agency Crisil said today. Of the total, ₹ 36.6 lakh cror...
Bulk Drug Imports From China Slow, Shows Data
MUMBAI: There is still some way until India’s dependence on imports of active pharmaceutical ingredients (APIs) and intermediates from China reduces, but the growth rate of imports has come down. While the production-linked incentive (PLI) scheme for bulk...
India To See ‘Healthy Growth’ In Steel Demand At 8.6% In 2023: Worldsteel
NEW DELHI: The demand for steel in India is expected to register a ‘healthy growth’ of 8.6 per cent against the overall global rise of 1.8 per cent in 2023, worldsteel said on Tuesday. It forecasts that global steel demand will grow 1.8 per cent in 2023 a...
Semiconductor, Deep Tech To Be In Focus At The India Mobile Congress
NEW DELHI: The three-day India Mobile Congress (IMC) will showcase the widening convergence of telecom with new domains, such as semiconductors and deep tech, P Ramakrishna, the forum’s chief executive officer, said on Tuesday. With more than 250 global a...
RBI Asks Banks To Adopt Risk-based Approach For KYC
The Reserve Bank on Tuesday tightened the customer due diligence (CDD) norms by asking banks and regulated entities to adopt a risk-based approach for periodic updation of KYC. After a review, the central bank has made amendments to the Master Direction (...
Sena MLAs: SC allows Speaker last chance for decision
A final chance has been given to Maharashtra Assembly Speaker Rahul Narwekar by the Supreme Court to set a realistic timeline for deciding the cross-petitions filed by the rival factions of the Shiv Sena seeking disqualification of each other’s MLAs follo...
SC reserves verdict on Sisodia’s bail pleas in CBI, ED cases
The Supreme Court on Tuesday reserved its verdict on the regular bail pleas of former deputy chief minister and Aam Aadmi Party (AAP) leader Manish Sisodia in corruption and money laundering cases arising out of the Delhi excise policy ‘scam’. A bench of...
BJP alleges 60% corruption by Siddaramaiah govt
It was the Congress’s ‘40% corruption campaign’ ahead of the elections that led to the defeat of the Bharatiya Janata Party (BJP) and brought the former to power. The same anti-corruption campaign – at ‘60%’ under the Congress regime, according to the BJP...
Akhilesh says MP Cong-SP impasse ominous for 2024
The apparent breakdown of alliance talks between Congress and Samajwadi Party in Madhya Pradesh could impact the INDIA alliance plans in Uttar Pradesh in 2024, SP chief Akhilesh Yadav has said, adding that his party could fight the BJP on all 80 seats. SP...
India, UK Hold First ‘2+2’ Foreign & Defence Dialogue To Boost Cooperation
NEW DELHI: The inaugural India-UK ‘2+2’ foreign and defence dialogue on Monday saw the two sides focusing on ways to boost cooperation in a range of key areas such as trade and investment, defence, critical technologies, civil aviation, health and energy....