Indian Prime Minister Narendra Modi’s move to effectively halve food rations to the poor ahead of state polls next year and a general election in 2024 is fiscally sound, but politically much depends on whether the charismatic leader can sell it to voters. Subsidised food and other items are keyContinue Reading
Eknath Shinde asked Mumbai civic authorities to depute 5,000 “Swatchhta Doots” (cleanliness ambassadors) and undertake beautification of the city. Ahead of a G20 Council meeting in Mumbai, Maharashtra Chief Minister Eknath Shinde has asked the local civic body to launch a beautification drive in the city on a mission mode.Continue Reading
Entry to the fair will be restricted to business visitors from November 14 to 18. It will be opened for general public from November 19 to 27. The Delhi Police on Sunday issued a traffic advisory ahead of the India International Trade Fair and mentioned the roads where congestion isContinue Reading
Developing countries need to work with investors, rich countries and development banks to secure $1 trillion a year in external financing for climate action by the end of the decade and to match that with their own funds, a report said on Tuesday. The report, released ahead of talks onContinue Reading
Following the war between Ukraine and Russia, India is looking to reach new markets for the import of edible oils, according to Union Finance Minister Nirmala Sitharaman. According to her, the country’s ability to acquire edible oils has been hampered by the fighting. “Everyone is aware of the ongoing conflictContinue Reading
India’s use of semi-conductors is predicted to exceed USD 110 billion by 2030, according to Prime Minister Narendra Modi, and the country has the world’s fastest-growing start-up ecosystem. According to him, India is poised to lead the next technological revolution, with investments being made, among other things, in building 5GContinue Reading
IndiGo’s Chief Commercial Officer Willy Boulter said he will resign after July, just a day after Chief Financial Officer Jiten Chopra quit the biggest budget airline in Asia by market value. The top management churn at IndiGo, operated by InterGlobe Aviation Ltd., comes after billionaire co-founder Rahul Bhatia was appointedContinue Reading
The first direct flight between Gorakhpur and Varanasi was flagged-off on Sunday. SpiceJet was awarded the route under the RCS-UDAN 4.1, as per a press release by the Ministry of Civil Aviation. The airline will be operating daily flights and will deploy its Q400, 78-seater turboprop aircraft designed for shorter-distance flights on the route. SpiceJet is India’s largestContinue Reading
Ten grams of 24-carat gold is selling at Rs 50,180 on Thursday, down Rs 280 since the last trade as demand dips for the safe-haven bullion. Gold of 22 carats is selling at Rs 46,000, down Rs 250 from Wednesday according to the Goodreturns website. One kg of silver is selling at RsContinue Reading
The Delhi High Court (HC) put an order by the central bank against the debt recast of shadow lender Religare Finvest on hold until the next hearing. Religare Finvest, a fully-owned unit of Religare Enterprises (REL), said it filed a petition in the Delhi HC against the Reserve Bank of India’s order that saidContinue Reading
