(Hindu) Benchmark indices Sensex and Nifty began the day on an optimistic note on Thursday (May 8, 2025) but later turned volatile, a day after India launched missile strikes on terrorist hideouts in Pakistan and Pakistan-Occupied Kashmir. Investors stayed on the sidelines amid rising geopolitical tensions. In a strong retaliation to the Pahalgam massacre, India’s armed forces early on Wednesday (May 7, 2025) destroyed nine terror sites, including that of Jaish-e-Mohammad and Lashkar-e-Taiba in Pakistan and Pakistan-occupied Kashmir (PoK) using deep strike missiles in a 25-minute-long “measured and non-escalatory” mission. The 30-share Bombay Stock Exchange (BSE) benchmark gauge climbed 181.21 points to 80,927.99 in early…
Author: Aruna Sharma
(PIB) The Prime Minister today chaired a high-level meeting with Secretaries of various Ministries and Departments of the Government of India to review national preparedness and inter-ministerial coordination in light of recent developments concerning national security. PM Modi stressed the need for seamless coordination among ministries and agencies to uphold operational continuity and institutional resilience. PM reviewed the planning and preparation by ministries to deal with the current situation. Secretaries have been directed to undertake a comprehensive review of their respective ministry’s operations and to ensure fool-proof functioning of essential systems, with special focus on readiness, emergency response, and internal…
(PIB) The Vice-President of India, Shri Jagdeep Dhankhar today said, “Our Prime Minister has exemplified in action Kautilya’s philosophy. Kautilya’s thought process is a treatise in governance, virtually encyclopedic for every facet of governance—statecraft, security, role of the king—now those elected. In our multipolar world of shifting alliances….we had a concept—fly-by-night concept. Same can be seen with the alliances. Kautilya imagined then that this will be ever shifting. Let me quote Kautilya: ‘A neighboring state is an enemy, and enemy’s enemy is a friend.’ Which country knows better than Bharat? We always believe in global peace, global fraternity, and global…
(ET) If you want a vision of where attempts to clean up the world’s power grids would be without the transformative effects of trade, look to the wind industry. In the areas of clean energy where international commerce is most viable, there has been breakneck growth in recent years. Solar electricity generation and the number of electric vehicles on the roads will both be about 60% higher in 2025 than the International Energy Agency, or IEA , expected as recently as 2020. That’s enough to put the world well on the way to net zero. It’s no coincidence, however, that…
(BS) State-run power giant NTPC on Wednesday said it has decided to raise Rs 4,000 crore through the issuance of non-convertible debentures on a private placement basis on May 9. Proceeds will be utilised for, inter alia, funding of capital expenditure, refinancing of existing loans and other general corporate purposes, according to a regulatory filing. According to the filing, the NTPC has decided to issue unsecured non-convertible debentures of Rs 4,000 crore on May 9, 2025, through private placement at a coupon rate of 6.84 per cent per annum for a tenor of 10 years, maturing on May 9, 2035,…
(HT) In a move to promote eco-tourism, the Uttarakhand forest department inaugurated the Kosi riverfront along the banks of the Kosi river in Ramnagar, located within the Corbett landscape, on Wednesday and opened it to public, officials aware of the matter said. The riverfront was ceremonially inaugurated by Ramnagar MLA Diwan Singh Bisht, they added. Diganth Nayak, divisional forest officer (DFO) of the Ramnagar forest division, said, “The Kosi riverfront has been created to encourage eco-tourism, allowing tourists and local residents to appreciate the region’s natural beauty and biodiversity without disturbing the environment. During winter, the area also attracts a…
(BS) The Cabinet Committee on Economic Affairs on Wednesday approved the revised Scheme for Harnessing and Allocating Koyala Transparently in India (SHAKTI) for allocation of coal to the power sector to help them meet long-term and short-term coal requirement. The approval was given by the Cabinet Committee on Economic Affairs (CCEA) chaired by the Prime Minister Narendra Modi, in a move aimed at simplification of the linkage process. The CCEA “has approved grant of fresh coal linkages to thermal power plants of central sector/state sector/independent power producers (IPPs),” the coal ministry said in a statement. With the introduction of Revised…
(HT) Chief minister Pushkar Singh Dhami on Wednesday directed the officials concerned to increase the security measures at national establishments, and for Char Dham yatra, officials said. After a virtual meeting with Union home minister Amit Shah followed by India carrying out strikes in Pakistan and Pakistan Occupied Kashmir under Operation Sindoor, Dhami held a high-level meeting at his residence in Dehradun to discuss security measures, they added. Dhami asked officials to tighten security for the Char Dham yatra, important national establishments, dams, and power plants in Uttarakhand, officials said. He emphasised the need for robust security arrangements in all…
(Fress Press Journal) State-owned Coal IndiaLtd on Wednesday reported a 12 per cent rise in consolidated net profit to Rs 9,604.02 crore in the quarter ended March 2025 on the back of higher income. The company had posted a consolidated net profit of Rs 8,572.14 crore in the year-ago period, Coal India Ltd (CIL) said in a filing to BSE. Total income during the January-March period rose to Rs 41,761.76 crore from Rs 40,457.59 crore a year ago, the filing said. The company said that the Ib Valley coal washery of Mahanadi Coalfields Ltd (MCL) with a capacity of 10…
(HT) India, the world’s third largest oil importing and consuming nation, is likely to save as much as ₹1.8 lakh crore on import of crude oil and LNG if the trend of softening international energy rates continues, Icra said Wednesday. India, which meets over 85% of its crude oil needs through imports, spent $242.4 billion on buying crude from overseas in the fiscal year ended March 31, 2025. With domestic production meeting roughly half of the demand, it also spent $15.2 billion on import of liquefied natural gas (LNG) in the fiscal. Oil prices in international markets fell to over…