(LiveMint) India is emerging from the debilitating effects of a brutal second wave of covid-19 infections on its people and the economy and is poised to see strong economic recovery, Indian foreign minister S Jaishankar said on Tuesday. The confident message was delivered at the first Indo-Pacific Business Summit organized by the Indian foreign ministry and the Confederation of Indian Industry lobby group. In his speech the minister that Asia’s third largest economy “will contribute to being an engine of growth for the global economy” brushing aside doubts about India’s economic recovery. “And we will be very much a part of…
Author: Aruna Sharma
(ET) The Central Railway on Monday informed that it will run 72 special trains between Chhatrapati Shivaji Maharaj Terminus (CSMT)/ Panvel and Sawantwadi Road/ Ratnagiri to clear the extra rush of passengers during the Ganpati festival 2021. As per the release, CSMT-Sawantwadi Road Daily Special will make 36 such trips. 01227 special will leave Chhatrapati Shivaji Maharaj Terminus at 00.20 hours daily from September 5, 2021 to September 22, 2021 and arrive at Sawantwadi Road at 14.00 hours the same day. 01228 special will leave Sawantwadi Road at 14.40 hours daily from September 5, 2021 to September 22, 2021 and arrive at…
(PTI) Power demand in the country touched an all-time high of 197.06 GW on Tuesday amid many states witnessing high temperatures due to delayed monsoon, and easing of coronavirus-related restrictions. “All Time Highest All India Demand of 197060 MW observed at 11:43hrs today has been met. #MeetEnergyDemand,” the Ministry of Power said in a tweet. Experts opined that high temperatures in many states due to delayed monsoon and easing of restrictions that were in place tocurb coronavirus infections have led to a surge in power demand. Last month, peak power demand met or the highest supply in a day witnessed…
(ET) The pandemic and its fallout on the economy has made consumer lending riskier for banks even as it has been the only sector to help banks keep their loan books afloat at such times. The delinquency rates for such loans are going up particularly for private sector banks and NBFCs during the pandemic warned the Reserve Bank of India’s latest financial stability report. At the same time the second wave has also affected demand for such loans.
(ET) Record domestic fuel prices are expected to rise further as crude oil shot past $77 a barrel after OPEC+, the producers’ cartel, failed to reach an agreement over increasing supplies. Oil prices have gained $27 a barrel, or 54%, since the beginning of 2021 as global demand is gaining pace following wider vaccination while supply has been artificially curbed by OPEC+, a grouping of 23 oil-producing countries led by Saudi Arabia.
(LiveMint) Uttarakhand chief minister Pushkar Singh Dhami on Tuesday allocated portfolios to newly-inducted ministers. On Sunday, a total of 11 BJP legislators took oath as state cabinet ministers at a ceremony where BJP’s Pushkar Singh Dhami was sworn in as the 11th chief minister of Uttarakhand. The 11 leaders who took oath as cabinet ministers were a part of the previous state cabinet and no new faces were inducted. Satpal Maharaj, Harak Singh Rawat, Bansidhar Bhagat, Yashpal Arya, Bishan Singh Chuphal, Subodh Uniyal, Arvind Pandey, Ganesh Joshi, Dhan Singh Rawat, Rekha Arya, and Yatishwaranand took oath as ministers in the…
(MC) Union Cabinet reshuffle/expansion will be taking place on July 7 at 6 pm. This will be the first cabinet reshuffle in the second term of the Narendra Modi government. Since last month there have been speculations about a possible union cabinet reshuffle and the Prime Minister has held several rounds of discussion with senior party leaders including Union Home Minister Amit Shah, Party Chief Nadda and general secretary (organisation) B.L. Santhosh. PM Modi has personally reviewed the performance of existing ministers. Party sources to IANS have claimed that the reshuffle is due and it will happen before the monsoon session of…
(DJ) कोरोना संक्रमण के कारण दिवंगत हुए प्रदेशवासियों के परिवारों की मदद के लिए योगी सरकार लगातार फैसले कर रही है। निराश्रित बच्चों की पढ़ाई और लालन-पालन का जिम्मा सरकार ले चुकी है। निराश्रित महिलाओं के लिए योजना बनाई जा रही है। इसी तरह कोरोना महामारी में जान गंवाने वालों के उत्तराधिकारियों के लिए विशेष विरासत अभियान शुरू किया गया है। मुख्यमंत्री योगी आदित्यनाथ ने निर्देश दिया है कि अधिकारी पीडि़त के घर जाकर खतौनी की नकल दें। लोकभवन में मंगलवार को उच्चस्तरीय बैठक में मुख्यमंत्री योगी आदित्यनाथ ने कहा कि कोविड-19 की महामारी के कारण जिन लोगों का निधन…
(MC) Crude oil prices touched a fresh 52-week high during intraday on the MCX after talks between OPEC and its oil-producing allies were postponed indefinitely, with the group failing to reach an agreement on production policy for August and beyond. The oil price jumped on fears of the tighter market due to higher demand following the recovery in global demand amid stalled OPEC decision. The energy commodity traded in positive territory after a gap-up start tracking the strong overseas cues.On the MCX, crude oil delivery for July soared Rs 14, or 0.25 percent, to Rs 5,701 per barrel at 16:28…
In a historic move, a separate ‘Ministry of Co-operation’ has been created by the Modi Government for realizing the vision of ‘Sahkar se Samriddhi’. This ministry will provide a separate administrative, legal and policy framework for strengthening the cooperative movement in the country. It will help deepen Co-operatives as a true people based movement reaching upto the grassroots. In our country, a Co-operative based economic development model is very relevant where each member works with a spirit of responsibility. The Ministry will work to streamline processes for ‘Ease of doing business’ for co-operatives and enable development of Multi-State Co-operatives (MSCS). The Central Government…