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India budget

Chhattisgarh Budget: Bhupesh Baghel presents state budget of Rs 97,106 cr for FY 2021-22

For Quick Alerts Subscribe Now COVID-19 vaccination: No glitch in CoWIN from the start, says RS Sharma View Sample For Quick Alerts ALLOW NOTIFICATIONS For Daily Alerts #Chhattisgarh 16 naxalites surrender in Chhattisgarh #Chhattisgarh Bird flu confirmed in few more places in Maharashtra, Gujarat and Chhattisgarh #Chhattisgarh CoBRA officer killed, 10 commandos injured in IED blast triggered by Naxals in Chhattisgarh #Chhattisgarh Maoists’ explosive dump recovered in Chhattisgarh #Chhattisgarh Killing of Chhattisgarh MLA in 2019 was part of naxalites’ Tactical Counter Offensive Campaign #Chhattisgarh Cops up ante as big movement of naxals seen from Chhattisgarh to Telangana Just In 29 min ago 1.28 lakh people over 60 years get 1st dose of COVID vaccine 35 min ago China refutes reports on attacks against India's power grid 52 min ago ... » Learn More about Chhattisgarh Budget: Bhupesh Baghel presents state budget of Rs 97,106 cr for FY 2021-22

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Siemens closes Rs 2,100-crore C&S Electric buy; eying more acquisitions: India CEO

Siemens Ltd. has completed its biggest acquisition in India—a Rs 2,100-crore deal for electrical and electronic equipment maker C&S Electric—and is scouting for more buyout opportunities, especially for filling technological gaps, its managing director, Sunil Mathur, told ET. On Monday, the flagship listed company of Germany’s Siemens AG in India closed the acquisition deal that was announced in January 2020, with the aim to expand its presence in the country and pave the way for the setting up of a design and manufacturing hub that will support the export of solutions. Siemens Ltd. aims to grow in India through mergers and acquisitions (M&A) and greenfield projects. “Our search for M&A opportunities has continued in spite of Covid-19. Throughout the entire last year, we have continuously examined opportunities. We have a pipeline and we continue to look at that,” said Mathur, who is also the company’s chief executive officer. Mathur said Siemens Ltd. is ... » Learn More about Siemens closes Rs 2,100-crore C&S Electric buy; eying more acquisitions: India CEO

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PM says farmers should get more avenues to sell crops

He underlined need for more pvt players in farm sector Prime Minister Narendra Modi on Monday emphasised on farmers getting more avenues to sell crops and said a food processing revolution was needed in the country for value addition to farm produce and to realise better prices. Addressing a webinar on effective implementation of Budget provisions regarding the Agriculture Ministry, he underlined the need for increased participation of private players in the farm sector, including in research and development (R&D) work. Without making any direct reference to the three new farm reform laws or to the three-month-old agitation by farmers, Modi said there is a need for expanding options for the country's farming community to sell agri produce . "Today the need of the hour is that farmers of the country get more and more options to sell their produce," he said. Restrictions had a negative impact on the sector, he added. While the Modi government says the three ... » Learn More about PM says farmers should get more avenues to sell crops

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NHAI working to identify bottlenecks to speed up road construction

The National Highways Authority of India ( NHAI ) is working to identify bottlenecks in the road construction sector to up its average yearly road construction bar of 4,000 kilometres, a senior government official said. Filling the gaps in the system will help the authority increase yearly construction by at least 1,000 km to begin with, the official said. “We are looking at bottlenecks in the system,” a senior official at NHAI told ET. “We need to increase our construction to 5,000 km per year. For that leap, we need to de-clog the system,” the official added. The official said that the biggest issue is receiving permission from states to begin construction work, while forest clearances remain a concern as well. “Real bottlenecks in the system are land acquisition and utility removal, which require streamlining further,” said Vinayak Chatterjee, Chairman of Feedback Infra. Chatterjee said that the permission from other government departments, with respect to ... » Learn More about NHAI working to identify bottlenecks to speed up road construction

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Economy shakes off Covid blues; records 0.4% growth in Q3

After contracting for two quarters in a row, the Indian economy entered the positive territory with a growth of 0.4 per cent in the October-December quarter, mainly due to good performance by farm, services and construction sectors, official data showed on Friday. Illustration: Dominic Xavier/ Rediff.com Trade and hotel industry registered a contraction of 7.7 per cent during the third quarter this fiscal, as the sectors continued to suffer on account of coronavirus pandemic. According to the data released by the National Statistical Office (NSO), the farm sector recorded a growth of 3.9 per cent, and the manufacturing sector output grew by 1.6 per cent in the quarter under review. The construction sector advanced by 6.2 per cent, while electricity, gas, water supply and other utility services clocked a 7.3 per cent growth. The NSO said, "GDP at Constant (2011-12) Prices in Q3 of 2020-21 is estimated at Rs 36.22 lakh crore, as against Rs 36.08 lakh crore in Q3 of ... » Learn More about Economy shakes off Covid blues; records 0.4% growth in Q3

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Govt has no business to be in business: Modi

Prime Minister Narendra Modi on Wednesday made his strongest pitch for privatisation of non-strategic PSUs, saying the government has no business to be in business and sustaining loss-making units on taxpayers' money drains resources that could otherwise have been spent on public welfare schemes. Illustration: Dominic Xavier/ Rediff.com He said about 100 under-utilised or unutilised assets with public sector units (PSUs), such as those in the oil and gas and power sectors, will be monetised, creating Rs 2.5 lakh crore of investment opportunities. "It is government's duty to support enterprises and businesses. But it is not essential that it should own and run enterprises," the prime minister said at a webinar on the privatisation approach in the Budget for 2021-22. The private sector brings in investment, global best practices, top-quality managers, changes in management and modernisation, he said, adding the money generated from the stake sales will be routed to ... » Learn More about Govt has no business to be in business: Modi

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Sensex gains 750 points, auto and metal stocks surge

Mumbai: Equity benchmark indices traded firm on Monday due to upbeat sentiment in global markets and India getting technically out of recession with Q3 GDP data showing 0.4 per cent growth. Aiding the sentiment was the country kicking off an expansion of its Covid-19 vaccine campaign with Prime Minister Narendra Modi getting inculcated. At the closing bell, the BSE S&P Sensex was up by 750 points or 1.53 per cent at 49,850 while the Nifty 50 ticked higher by 232 points or 1.6 per cent to 14,762. Read: Mumbai News Latest Updates Except for Nifty PSU bank which slipped marginally, all other sectoral indices at the National Stock Exchange were in the green with Nifty auto up by 2.4 per cent, metal by 1.9 per cent, financial service by 1.8 per cent, private bank by 1.3 per cent and IT by 1 per cent. Among stocks, Hero MotoCorp surged by 3.9 per cent to Rs 3,352 per share and Maruti Suzuki by 2.2 per cent to Rs 7,025. Mahindra & Mahindra closed the day 1.8 ... » Learn More about Sensex gains 750 points, auto and metal stocks surge

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We were resolute and strong: Jaishankar on border issue

India was strong and resolute when it came to handling the border issue and dealt with it in an effective manner, External Affairs Minister S Jaishankar said on Friday in an apparent reference to the standoff between India and China. IMAGE: A Border Security Force soldier guards a highway as Indian army convoy makes way towards Leh, bordering China in Gagangir. Photograph: Yawar Nazir/Getty Images Similarly, India also dealt effectively with the COVID-19 pandemic and its economic impact by fashioning its own response after listening to everyone, he said at the inaugural session of the 'Asia Economic Dialogue' organised by the Pune International Centre. "Last year, we had three big developments which all impacted us nationally. They impacted the world as well -- one was COVID-19, the second was its economic impact and the third was the challenges that we found on our border which obviously had implications," the external affairs minister said. "In each of these cases, I ... » Learn More about We were resolute and strong: Jaishankar on border issue

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PS4 Games Under Rs 1,000: Top Picks For Gaming Buffs

PS4 games are fun, exciting, and simply mesmerizing, especially to game lovers. There are different PS4 games that you enjoy i.e. action, sports, adventure, fantasy, open-world, FPS, and many more. Some of these PS4 games come expensive while others come on a budget that won’t hurt your pocket. So, if you are looking for affordability blended with PS4 games, take a look at some of the top-notch PS4 games under Rs 1,000 that you can purchase online in India: PS4 Games Under Rs 1,000 PS4 God of War (PS4) Rs 999 Uncharted 4 TE Hit (PS4) Rs 815 Call of Duty: Infinite Warfare (PS4) Rs 740 Horizon: Zero Dawn - Complete Edition (PS4) Rs 799 The Last of US Hit (PS4) Rs 941 PS4 God of War (PS4) For those who love PS4 games, God of War is an excellent purchase option. Recommended for players above 18 years of age, this PS4 game features Kratos, who is filled with vengeance against the gods of Olympus, and now lives in the ... » Learn More about PS4 Games Under Rs 1,000: Top Picks For Gaming Buffs

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Farmers should get more avenues to sell crops: PM

Prime Minister Narendra Modi on Monday emphasised on farmers getting more avenues to sell crops and said a food processing revolution was needed in the country for value addition to farm produce and to realise better prices. IMAGE: Prime Minister Narendra Modi addresses a webinar on effective implementation of budget provisions regarding agriculture and farmers’ welfare in New Delhi. Photograph: / Rediff.com Addressing a webinar on effective implementation of Budget provisions regarding the agriculture ministry, he underlined the need for increased participation of private players in the farm sector, including in research and development (R&D) work. Without making any direct reference to the three new farm reform laws or to the three-month-old agitation by farmers, Modi said there is a need for expanding options for the country's farming community to sell agri produce. "Today the need of the hour is that farmers of the country get more and more options to sell their ... » Learn More about Farmers should get more avenues to sell crops: PM

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