Indian firms poised to invest $45-50 billion a year amid rising profits
New Delhi, Aug 20 – Indian companies are expected to allocate $45–50 billion annually for capital expenditure over the next two years as the investment cycle picks up momentum on the back of robust corporate earnings, according to a Moody’s Ratings report released
Vinesh can join politics, may contest Haryana Assembly polls vs cousin Babita: Sources
New Delhi, Aug 20 – Ace wrestler Vinesh Phogat is likely to contest the upcoming Haryana Assembly elections as the sources close to her told IANS on Tuesday. However, Vinesh had stated earlier that she will not move into active politics. But as
Sensex closes up 378 points, bank shares lead the rally
Mumbai, Aug 20 – India equity indices closed in the green on Tuesday following positive sentiments in the markets. At closing, Sensex was at 80,802, up 378 points or 0.47 per cent and Nifty was at 24,698, up 126 points or 0.51 per
Rahul evades question on Kolkata horror during visit to LS constituency; BJP bristles
New Delhi, Aug 20 – The Leader of Opposition (LoP) in Lok Sabha, Rahul Gandhi, on Tuesday turned down scribes’ questions on Kolkata horror, which has kept the state on edge for a week and triggered waves of outrage and protests by the
Cancel advertisement for lateral entry recruitments: Govt tells UPSC amid political row
New Delhi, Aug 20 – In a significant climbdown over lateral entry into bureaucracy, the Centre on Tuesday asked the Union Public Service Commission (UPSC) to cancel the advertisement for recruitment of “people of expertise” in government departments and ministries. Union Minister Jitendra
Nine MoUs signed as India and Malaysia elevate relationship to Comprehensive Strategic Partnership
New Delhi, Aug 20 – Elevating India-Malaysia relationship to Comprehensive Strategic Partnership, Prime Minister Narendra Modi and visiting Malaysian PM Anwar Ibrahim held wide-ranging talks in New Delhi on Tuesday which culminated in the signing of nine Memorandums of Understanding (MoUs), ranging from
(IANS Interview) Lateral entry is akin to talent hunt, can’t be pick and choose model: Veerappa Moily
New Delhi, Aug 20 – Former Union Law Minister, M Veerappa Moily, on Tuesday acknowledged that the second Administrative Reforms Commission (ARC), chaired by him in 2005 did recommend lateral entry into government services, however, he maintained that the present NDA dispensation was
India adds 7.3 crore internet subscribers, 7.8 crore broadband users in 1 year
New Delhi, Aug 20 – India added 7.3 crore internet subscribers and 7.8 crore broadband subscribers in one year as the number of telephone subscribers reached 119.9 crore in the country, the Centre informed on Tuesday. Total number of internet subscribers increased from
Tata Group gears up for new iPhone assembly plant as Apple expands India footprint
New Delhi, Aug 20 – In a further boost to the ‘Make in India’ initiative, business conglomerate Tata Group is geared up for a new iPhone assembly plant in the country that is likely to become operational in the festive quarter of 2024.
Indian Railways launches hi-tech water level monitoring system for trains
Guwahati, Aug 20 – Indian Railways has launched an advanced ‘water level monitoring system’ for the comfort of train passengers with the first installation on the Brahmaputra Mail Express which will carry out trial runs. The innovative system represents a major advancement in
Malaysian PM accorded ceremonial welcome at Rashtrapati Bhavan
New Delhi, Aug 20 – Malaysian Prime Minister Anwar Ibrahim received a ceremonial welcome at the forecourt of Rashtrapati Bhavan by Prime Minister Narendra Modi on Tuesday. Marking his arrival on Monday evening for an official three-day visit to India, PM Anwar Ibrahim
Local manufacturing to give Rs 25,000 cr annual opportunity for Indian MCE industry
New Delhi, Aug 20 – As the government prioritises the infrastructure investments, component localisation in the mining and construction equipment (MCE) industry could offer Rs 25,000 crore annual opportunity to construction equipment vendors by FY30, a report showed on Tuesday. Led by components
‘Misguiding people by making misleading promises’, says BJP on NC manifesto
Jammu, Aug 20 – Bharatiya Janata Party (BJP) on Tuesday criticised the National Conference (NC) for misguiding the people by promising the restoration of Article 370 and supporting dialogue between India & Pakistan in its poll manifesto. Former J&K Deputy Chief Minister and
Sensex trades higher, TCS and Wipro lead gains
Mumbai, Aug 20 – Indian equity benchmarks opened in the green on Tuesday due to positive action in heavyweight tech stocks like TCS and Wipro. At 9:50 a.m., Sensex was 364 points or 0.44 per cent at 80,774 and Nifty was 108 points
Injured Messi ruled out of Argentina World Cup qualifiers
Buenos Aires, Aug 20 – Argentina captain Lionel Messi will miss his team’s World Cup qualifiers against Chile and Colombia next month due to injury. The 37-year-old was a glaring omission from the Albiceleste’s 28-man squad named on Monday as he continues to
Udaipur stabbing victim’s last rites today, funeral procession on way amid tight security
Jaipur, Aug 20 – The last rites of the teenager who was stabbed by his classmate on August 16 in Rajasthan’s Udaipur are being performed amid tight security arrangements across the city. All schools and colleges in the city will remain closed on
Two back-to-back earthquakes jolt Kashmir Valley
Srinagar, Aug 20 – Two back-to-back earthquakes measuring 4.9 and 4.8 on the Richter scale occurred in the Kashmir Valley on Tuesday. However, no loss of life or damage to property has been so far reported from anywhere. Meteorological Department Director, Mukhtar Ahmad
India, Japan to hold 2+2 Foreign and Defence Ministerial meeting today
New Delhi, Aug 20 – Japanese Foreign Minister Yoko Kamikawa and Defence Minister Minoru Kihara, who arrived in New Delhi on Monday, will hold the third round of India-Japan 2+2 Foreign and Defence Ministerial meeting with their Indian counterparts on Tuesday. The meeting
Netanyahu accepts US proposal on hostage deal; Blinken calls on Hamas to do same
Jerusalem, Aug 20 – Israel’s Prime Minister Benjamin Netanyahu has agreed to the American ‘bridging proposal’ on the release of hostages after a three-hour meeting with the US Secretary of State Antony Blinken in Jerusalem. “The Prime Minister reiterated Israel’s commitment to the
MUDA case: Siddaramaiah says pleased with K’taka High Court order; petitioners say it won’t change anything
Bengaluru, Aug 20 – Chief Minister Siddaramaiah said on Monday that he is pleased with the Karnataka High Court’s interim direction to a special court in Bengaluru to defer further proceedings on complaints related to alleged irregularities in allotment of sites by the