(BS) Congress leader Rahul Gandhi on Saturday met the victims of the cross-border shelling by Pakistani troops in Jammu and Kashmir’s Poonch and described the damage caused as a “big tragedy”, pledging to highlight their plight at the national level. The leader of the opposition in the Lok Sabha visited Poonch town and interacted for over an hour with the affected population, including the families who lost their members in the shelling between May 7 and May 10. “It is a big tragedy. Many people lost their lives. They (Pakistan army) have hit civilian targets directly. I talked to the…
Author: Aruna Sharma
(ET) The government has finalised India’s coal production target for FY26 at 1.15 billion tonnes, marginally lower than the target set in November at 1.19 billion tonnes for the same period. It is higher than the total production of 1.05 billion tonnes recorded in FY25. In its action plan for FY26, the coal ministry stated that it will provide coal linkages to consumers without any need of specific end use in addition to the present end use-based linkages. This would require changes to the non-regulated sector auction policy of 2016, it said. The ministry will also hold three auctions in…
(The Hindu Business Line) The Steel Authority of India Ltd (SAIL) is navigating a critical phase of capacity expansion, safety upgrades and project realignment, even as it grapples with significant delays across several flagship projects. In a review meeting at the Ministry, held earlier this month, some of its projects were found to have been delayed by nearly two years (22 months). Capex target for FY26, has been pegged at ₹7,500 crore – which will include some part of its second phase expansion projects. Against a budgeted capex of ₹400 crore in April, the spending was about ₹500 crore. In FY25, the…
(FE) ONGC Videsh, the overseas arm of state-owned ONGC. expects to complete its offshore gas exploration project in Mozambique by late 2027 or early 2028, its managing director Rajarshi Gupta said in an analyst call. “In Mozambique we are doing very well and the work has already started. We expect force majeure to be removed anytime now and all the vendors are in place. So we are confident that by late 2027 or early 2028, we should commission this,” he said. The company holds a 10% stake in the “Offshore Area 1 LNG” project with a cost of $20 billion.…
(FE) Tata Consultancy Services (TCS) has signed a five-year deal with DNA, a major telecom provider in Finland. The goal is to speed up DNA’s cloud transformation plan. As part of the agreement, TCS will help move up to 80% of DNA’s business applications to the public cloud by the year 2030. This continues the long partnership between the two companies, which has lasted 17 years. The project aims to improve customer service, make operations more efficient, and reduce costs. Jussi Tolvanen, CEO of DNA Plc, said: “Cloud adoption is essential for DNA’s business, as we have millions of customers and…
(FE) The Reserve Bank of India (RBI) Board on Friday announced the dividend payout worth Rs 2.69 lakh crore for the central government for the fiscal year 2024-25. This is the highest ever surplus paid by the central bank and is 27 per cent higher in comparison to FY24. For FY24, the RBI had paid a record Rs 2.1 lakh crore dividend to the government and before that, for financial year 2022-23, the payout was Rs 87,416 crore. Economists had pegged the surplus transfer to the government in the range of Rs 2.5-3.5 lakh crore for the financial year. The…
(AU) देश के कुछ राज्यों में कोविड संक्रमित मरीजों की संख्या बढ़ने से प्रदेश सरकार भी सतर्क हो गई हैं। राष्ट्रीय रोग नियंत्रण केंद्र (एनसीडीसी) व एकीकृत रोग निगरानी कार्यक्रम (आईडीएसपी) की ओर से कोविड रोकथाम के लिए राज्य को निगरानी बढ़ाने के दिशानिर्देश दिए गए। इस पर स्वास्थ्य विभाग ने सभी जिलों को सतर्क रहने को कहा है। बीते एक सप्ताह से महराष्ट्र, केरल, तमिलनाडु में कोविड संक्रमित मरीजों की संख्या बढ़ रही है। इस समय प्रदेश में चारधाम यात्रा संचालित होने के साथ पर्यटन सीजन भी है। यात्रा में सबसे अधिक तीर्थयात्री इन्हीं राज्यों से आ रहे हैं।…
(AU) धामी सरकार अब कम अंतराल में प्रदेश मंत्रिमंडल की बैठकें करेगी। तीन साल से अधिक का कार्यकाल पूरा कर चुकी सरकार उन सभी प्रस्तावों पर तेजी से काम करना चाहती है, जो अवस्थापना कार्यों, औद्योगिक निवेश, खेती-बागवानी और जनकल्याणकारी योजनाओं से जुड़े हैं। इनमें से कई प्रस्तावों पर लंबे अंतराल में कैबिनेट बैठक होने से निर्णय नहीं हो पा रहे हैं। इस व्यावहारिक दिक्कत को देखते हुए सीएम धामी ने सचिव मंत्रिपरिषद शैलेश बगौली को प्रस्तावों की बढ़ती संख्या को देखते हुए कैबिनेट की बैठक एक निश्चित समयावधि में कराने के निर्देश दिए हैं। इसी का नतीजा है कि…
(HT) Anil Ambani-promoted Reliance Defence has signed an agreement for a strategic partnership with Rheinmetall AG to supply ammunition to the Dusseldorf-based firm, the Reliance Group said on Thursday. The German firm is linked to the company Rheinmetall Air Defence (RAD), Zurich, which was banned by the India defence ministry in 2012 following allegations of irregularities. It is still on the list of firms debarred from doing business with the government. Reliance Defence will set up a manufacturing facility in the Watad Industrial Area of Ratnagiri, Maharashtra, to support the collaboration. “The strategic partnership will strengthen India’s defence manufacturing capabilities…
(HT) ITC Ltd on Thursday predicted India’s consumption engines to keep firing as inflation cools, interest rates fall, and rain clouds gather, following a similar prognosis by industry leader Hindustan Unilever Ltd. Consumption spending is expected to rise steadily as a good monsoon powers a continued rural recovery, the maker of Bingo chips and Gold Flake cigarettes said; alongside, lower inflation and the recent income tax cut are expected to boost disposable incomes in towns and cities. The company expects India’s macro-economic variables to remain stable in the year ahead. “The cumulative impact of pick-up in government capex in the…