India is taking major steps to overhaul its key statistics to better capture the rapid expansion in consumer spending over the past decade and improve policymaking in one of the world’s fastest-growing economies. A vegetable market in New Delhi. (PTI) The government will publish a new inflation series today to reflect the changing spending patterns […]
The government holds 63.17 per cent in BHEL. | Photo Credit: SHIV KUMAR PUSHPAKAR The government will sell up to 5 per cent stake in Bharat Heavy Electricals Ltd (BHEL) via an offer-for-sale (OFS) beginning on Wednesday at a floor price of ₹254 a share. “Government offers to disinvest 3 per cent equity in the […]
The government will sell 3% stake representing over 10.44 crore shares in Bharat Heavy Electricals Limited (BHEL) via an offer for sale (OFS). The PSU has set the floor price at Rs 254 per share. The government has also retained an oversubscription option to sell an additional 6.96 crore shares, equivalent to 2% equity, which […]
The Indian Vegetable Oil Producers Association (IVPA) has requested the government to enhance the overall budgetary allocation for the National Mission on Oilseeds from ₹21,000 crore to ₹30,000 crore in the forthcoming Budget. In a pre-Budget memorandum to the government, Sudhakar Desai, IVPA President, said the upward revision is essential to address structural constraints in […]
Madhu S. Nair, CMD, Cochin Shipyard Ltd inaugurating Comarsem 2026 by lighting the ceremonial lamp. Also seen Ajith Kumar Sukumaran, Chief Surveyor, DGS, B. Kasiviswanathan, Chairperson, Cochin Port Authority; P. K. Mishra, MD, Indian Register of Shipping; Kaushik Seal, President, IMEI in Kochi , Sajan John Chairman IMEI Kochi and .Krishnakutty Convenor, Comarsem. The Centre […]
The Narendra Modi government is likely to announce measures to improve the ease of doing business and boost infrastructure spending, while sticking to fiscal consolidation in Union Budget 2026, even as punitive US tariffs cloud outlook for the Indian economy. Nirmala Sitharaman with her finance ministry colleagues ahead of Union Budget 2025 on 1 February […]
Budget: Hard choices for the government | Photo Credit: iStockphoto India today stands at a crossroads. The Finance Minister has declared that reducing the debt-to-GDP ratio will be a central policy priority. The intent is sound. According to the International Monetary Fund, India’s general government debt — the combined borrowing of the Centre and States […]
The Union government has earmarked 30 GHz radio spectrum for vehicle-to-vehicle (V2V) communication technology that would allow vehicles to exchange safety alerts without entering a mobile or internet network, Union road transport and highways minister Nitin Gadkari told a panel of MPs on Friday. Nagpur: Union Minister of Road Transport and Highways Nitin Gadkari (PTI) […]
NEW DELHI: A sustained low in international oil prices has led to a surge in profits for state-run fuel retailers, prompting the government to consider mopping up these windfall gains through a levy to build a cushion in the event of a future spike in crude prices—a scenario many see as plausible given global geopolitical uncertainty. Refiners […]
Residents living in sectors along Dwarka expressway and its RWAs on Sunday demanded that the government should take responsibility of constructing the 24-metre internal sector roads. RWAs flagged bottlenecks in sectors 112, 99A and 109, citing stalled stretches due to small land parcels not being acquired. (HParveen Kumar/HT) Addressing a press conference under the aegis […]