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Searched Tag: nirmala sitharaman
Three Dark Clouds Threaten India’s Economic Future Says Congress Leader Jairam Ramesh.

Jairam Ramesh warns of looming threats to Indian economy

October 6, 2024, 01:45 PM - 4 min read

Congress General Secretary Jairam Ramesh recently raised serious concerns about the state of the Indian economy, identifying what he described as "three dark clouds" that threaten the nation's growth.

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India Maintains Positive Economic Outlook For Coming Years Says Moody's Analytics.

Indian economy expected to grow by 7.1 pc in FY25: Moody's

September 25, 2024, 07:14 PM - 3 min read

The Indian economy is showing promising signs of growth, with projections estimating a rate of 7.1 percent for the fiscal year 2024-25, according to Moody’s Analytics. This positive outlook comes amid global uncertainties, highlighting India’s resilience in navigating challenging economic conditions.

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AgustaWestland Case Christian Michel Remains Behind Bars.

Delhi HC denies bail to Michel again in AgustaWestland case

September 25, 2024, 05:32 PM - 4 min read

The AgustaWestland chopper scam has been a topic of significant legal scrutiny, especially regarding the alleged involvement of Christian Michel James, a British national. Recently, the Delhi High Court took a notable step by rejecting Michel’s bail plea in connection with the scam, which amounts to a staggering Rs 3,600 crore.

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EAC to PM's Report Shows Southern State's Economic Boom But West Bengal's Decline.

Economic report highlights South's rise and Bengal's fall

September 19, 2024, 10:05 AM - 3 min read

A recent report by the Economic Advisory Council to the Prime Minister (EAC-PM) sheds light on the evolving economic landscape of India, revealing significant shifts in the wealth distribution among states.

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Nifty And Sensex Slide As IT Stocks Face Sharp Decline.

Nifty and Sensex fall as IT and pharma stocks slide

September 18, 2024, 04:49 PM - 5 min read

The Indian stock market experienced a day of volatility as key indices, Nifty 50 and Sensex, both ended in the red due to a significant drop in IT stocks. The Nifty 50 slipped by 41.00 points i.e 0.16% to close at 25,377 points, while the S&P BSE Sensex also fell by 0.13% i.e 131.43 points ending at 82,968 points. 

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India Emerges As Major Mobile Phone Manufacturer With ₹4.1 Lakh Crore Value.

India’s mobile production reaches ₹4.1 Lakh Cr milestone

September 18, 2024, 03:57 PM - 3 min read

India’s mobile phone manufacturing sector has seen remarkable growth, reaching a value of Rs 4.1 lakh crore over the past decade. This impressive rise can be attributed to the Indian government's strategic policies, including the product-linked incentive (PLI) scheme and the phased-manufacturing programme (PMP). According to a report released on Wednesday, these initiatives have significantly bolstered local production capabilities.

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India US Officials Discuss Strategic And Defence Issues.

US-India hold 2+2 dialogue on Defence and Strategy

September 17, 2024, 05:30 PM - 2 min read

In a significant diplomatic engagement, India and the United States held a 2+2 Intersessional Dialogue on Monday. This high-level meeting was attended by officials from India’s Ministry of External Affairs and Defence, as well as representatives from the US State and Defence Departments.

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Rahul Navin Takes Charge As Full-Time Head Of Enforcement Directorate.

Rahul Navin confirmed as ED chief for two years

August 14, 2024, 07:58 PM - 2 min read

Rahul Navin, who has been serving as the acting chief of the Enforcement Directorate (ED), has now been appointed as the full-time director of the agency for a tenure of two years.

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JPC Inquiry Demanded By Congress in Adani Hindenburg Case.

Congress pushes for JPC inquiry into Adani Hindenburg claims

August 13, 2024, 06:29 PM - 2 min read

On Tuesday, the Congress intensified its call for a Joint Parliamentary Committee (JPC) inquiry into the ongoing controversy surrounding the Adani Group, Hindenburg Research's allegations, and the Securities and Exchange Board of India (SEBI). The party’s move comes in response to claims made by the US-based short seller Hindenburg and accusations against SEBI Chairperson Madhabi Buch.

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Piyush Goyal Calls for Urgent Action on BIMSTEC Trade Deal.

India pushes BIMSTEC nations to finalise Trade Agreement

August 7, 2024, 05:03 PM - 2 min read

Commerce and Industry Minister Piyush Goyal has called for a reassessment of trade priorities among BIMSTEC nations to finalise the long-delayed Free Trade Agreement. Speaking at the inaugural BIMSTEC Business Summit, Goyal emphasised the need for member countries to address the reasons behind the delay and work towards a comprehensive agreement that reflects the interests of all seven nations.

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Assam Chief Minister Himanta Biswa Sarma and Tata Sons Chairman N Chandrasekaran perform the Bhumi pujan for the new semiconductor assembly facility at Jagiroad, marking a significant investment in the state's industrial future.

Tata's Bhumi Pujan marks start of Assam semiconductor plant

August 3, 2024, 05:57 PM - 2 min read

The project, spearheaded by Tata Sons Limited, is expected to pave the way for industrial development and job opportunities for the youth of Assam.

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Fiscal Deficit Down as Revenue and RBI Dividend Increase.

Revenue boosts India’s fiscal deficit improvement in Q1 FY24

August 1, 2024, 05:56 PM - 2 min read

India's fiscal deficit showed a notable improvement in the first quarter of the current financial year, reflecting a decline compared to the same period last year. According to data released by the Finance Ministry, the fiscal deficit for April to June stood at 8.1 percent of the full year's estimate. This marks a significant drop from the 25.3 percent recorded in the same quarter of the previous year.

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