(FE) Congress leader and former Union Finance Minister P. Chidambaram has raised concerns over a troubling trend in India’s investment landscape, pointing to a sharp rise in dropped or cancelled projects by Indian companies. Citing recent data, Chidambaram said that the ratio of abandoned projects to new investment announcements has surged to 35.9 per cent in 2024–25. In a post on social media platform X, Chidambaram highlighted that while domestic investment plans are being scrapped at an accelerating pace, Indian companies are simultaneously ramping up their investments abroad. This dual trend, he warned, indicates weakening confidence in the Indian business environment. “The…
Author: Aruna Sharma
(FE) COVID-19 cases in India have surged yet again with an increase in numbers as the total tally of active COVID-19 cases in India reaches 3,395. As the death toll rises, Kerala becomes the first state to have over 1,000 active cases of COVID-19 alone. Delhi saw nearly three times growth in cases as it touched 375 and reported its first death on Friday, May 30. While the variant existence of JN.1 was incidental, the 60-year-old woman was undergoing a sensitive treatment of the intestinal tract, an area known to be attacked by the COVID-19 Omicron variant. States like Tamil Nadu and Karnataka…
(FE) Prime Minister Narendra Modi marked the 300th birth anniversary of Ahilyabai Holkar with the release of a commemorative Rs 300 coin and a postal stamp at an event in Bhopal. Honouring the legacy of the legendary 18th-century Holkar ruler, PM Modi said the government’s vision of public service is inspired by Ahilyabai’s philosophy of governance—“to serve the people and improve their lives.” Focus on women-led development Highlighting Ahilyabai’s progressive views on women’s rights, PM Modi reiterated his government’s commitment to women-led development. “Millions of women have become homeowners for the first time. Out of the four crore houses built…
(HT) The Indian economy grew 6.5% in fiscal year 2024-25 and 7.4% in the quarter ending March, according to data released by the National Statistical Office (NSO) on Friday that underlines the nation’s position as the fastest growing economy in the world. In current dollar terms, India’s gross domestic product (GDP) is now $3.9 trillion compared to $3.6 trillion in 2023-24, according to an estimate by research agency Crisil after the data was released. According to the International Monetary Fund, India is on pace to become the fourth largest economy in the world with GDP of $4.3 trillion in 2025-26.…
(Hindu) Chief Justice of India (CJI) B.R. Gavai on Saturday (May 31, 2025) said that whenever the country has faced a crisis, it has remained united and strong, and that the Constitution should be credited for this. The CJI was addressing a function after the inauguration of advocate chambers and a multi-level parking at the Allahabad High Court. “When the Constitution was being made and its final draft was presented before the Constituent Assembly, at that time some people used to say that the Constitution is too federal, while some used to say that it is too unitary. Baba Saheb Bhimrao…
(HT) Chief of Air Staff and Air Chief Marshal AP Singh on Thursday raised serious concerns over persistent delays in defence projects, highlighting the systemic issue of unrealistic timelines and their impact on operational readiness. During his address at the CII Annual Business Summit 2025, Air Chief Marshal pointed at the recurring pattern of delays in project execution and criticised the practice of committing to unachievable deadlines. His remarks come in the context of the reported ongoing challenges with projects like the delivery of the aircraft, which has faced criticism from the Air Chief for failing to meet timelines. “Timelines…
(HT) Ahead of Bihar assembly elections scheduled later this year, Prime Minister Narendra Modi held meeting with state BJP MPs, legislators and party functionaries at state BJP headquarters in state capital on Thursday evening. PM Modi is on a two-day visit to state. PM Modi, who was on second visit to BJP state headquarters, during his 90 minutes meeting, is learnt to have given his mantra for success in assembly elections. Party leaders who attended the meeting said that the PM gave important tips to party leaders and motivated party office-bearers. “He touched different issues related to elections during his…
(AU) जिला घरेलू उत्पाद अनुमान 2023-24 के अनुसार प्रदेश में पशुपालन, मत्स्य और वानिकी क्षेत्रों में खासी वृद्धि हुई है। ये संकेत ग्रामीण अर्थव्यवस्था की मजबूती और आजीविका के साधन बढ़ने के सूचक हैं। इसके अनुसार प्रदेश का सकल घरेलू उत्पाद (जीएसडीपी) 25.63 लाख करोड़ रहा। इसमें पशुधन क्षेत्र का योगदान 1.67 लाख करोड़ रहा है जो कुल जीएसडीपी का 7.1 फीसदी है। वन क्षेत्र का योगदान गत वर्ष के सापेक्ष 3.9% बढ़कर 25859 करोड़ और मछली पालन का 19071 करोड़ रुपये रहा। प्रदेश की अर्थव्यवस्था में पशुधन में योगदान देने वाले शीर्ष पांच जिले बुलंदशहर (8.75 हजार करोड़), मेरठ…
(DH) Prime Minister Narendra Modi will be inaugurating and laying the foundation stone for 15 mega development projects worth over Rs 47,573 crore here on Friday. Uttar Pradesh Chief Minister Yogi Adityanath will also attend the inauguration event, which is expected to see major announcements aimed at transforming Kanpur with world-class infrastructure and amenities, the state government said in a statement. Modi will inaugurate the new underground section of the Kanpur metro rail project from Chunniganj to Kanpur Central. This section includes five new underground stations: Chunniganj, Bada Chauraha, Naveen Market, Nayaganj and Kanpur Central. With this extension, important city…
(PIB) CSIR-Indian Institute of Petroleum, Dehradun celebrated Rashtriya Boudhik Sampada Mahotsav (RBSM) 2025 on 29th May 2025 to promote intellectual property (IP) awareness in India. It is a part of the Azadi Ka Amrit Mahotsav initiative and was first launched in July 2023. The programme started with the lamp lighting and saraswati vandana. The opening remarks were given by Dr Deepti Agrawal, In-charge, IPMG, CSIR-IIP followed by brief address of Dr. Harender Singh Bisht, Director, CSIR-Indian Institute of Petroleum, Dehradun. Invited Speaker from CSIR-Innovation Protection Unit, New Delhi, Dr. Kapil Arya gave very insightful talk on “Feel the beat of Intellectual Property Rights”,…