Bhubaeshwar: Prime Minister Narendra Modi on Friday virtually inaugurated seven railway stations in Odisha redeveloped under the Amrit Bharat Station Scheme as part of the launch of 75 modernised stations across the country. The seven stations are Barpali, Balangir, Paralakhemundi, Talcher, Kesinga, Bimalgarh and Baripada. They fall under the jurisdiction of the East Coast Railway…
Singapore: Non-Resident Indians (NRIs) have the potential to bring USD 70-80 billion in foreign currency inflows into India through the ongoing FCNR initiative, under which banks are offering higher interest rates for a limited period, a Singapore-based chartered accountant said on Friday. The estimate was also discussed during a global webinar organised by the Singapore…
Why Amara Raja’s Customer Qualification Plant in Telangana signals a new phase in India’s manufacturing journey. Shrikant Rao When Amara Raja commissioned its Customer Qualification Plant (CQP) at the company’s emerging Giga Corridor in Mahabubnagar recently, the headlines were almost predictable. A Rs 500-crore investment. Another milestone in India’s lithium-ion battery ambitions: a step towards…
New Delhi: India and the 27-nation European Union have concluded a work programme on FDI screening, with both sides exchanging best practices to further accelerate investment flows, Commerce and Industry Minister Piyush Goyal said on Wednesday. Addressing the media in Brussels after the third Trade and Technology Council (TTC) meeting, he said the council has…
Somewhere, a 64-year-old is doing math. Corpus built. Withdraw 4% a year. Bump it for inflation. Relax. It feels like science. It is actually folklore, and it was written in a country that is not yours. Where the number came from In 1994, an American financial planner named William Bengen tested a simple idea against…
New Delhi: The Union Cabinet on Wednesday approved two highway projects for Varanasi, entailing a total investment of nearly Rs 25,500 crore. The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, approved the development of a 43.218-kilometre link connecting NH-31 and the Varanasi Ring Road along the River Varuna to decongest…
New Delhi: India and the UK on Wednesday operationalised a free trade agreement under which a host of domestic goods will enter the British market at zero duty. A social security agreement has also been operationalised from July 15. “With the coming into force of the Comprehensive Economic and Trade Agreement and the Agreement on…
New Delhi: The comprehensive economic and trade agreement (CETA) that was signed between India and the UK on July 25, 2025, after several rounds of negotiations, will come into force from July 15, 2026. This will be the sixth free trade agreement to be implemented by the Narendra Modi government. Earlier, India implemented such pacts…
Mumbai: The Comptroller and Auditor General (CAG) has criticised the Maharashtra government for the delay in appointing a maintenance agency for a Rs 82.78‑crore helicopter bought for anti‑Naxalite operations, leaving it grounded for 17 months and causing an avoidable expense of Rs 2.07 crore. The Comptroller and Auditor General (CAG) report for 2024-25 exposed failures…
Mumbai: Lieutenant General Sanjay Kulkarni (retd), who led an Indian Army team to secure the top of the icy heights of the Siachen Glacier way back in 1984, expressed surprise at the continuation of challenges in what has become the world’s highest battlefield. “I had never thought in my life that this operation would go…
