Congress accuses Gujarat governmnet of excess payment of Rs 3,900 crore to Adani Power Mundra
NEW DELHI: Gujarat Congress chief Shaktisinh Gohil on Saturday accused the Bharatiya Janata Party (BJP) government in the state of making an excess payment of Rs 3,900 crore to Adani Power Mundra Limited (APMuL) over five years under two power purchase agreements (PPA), an allegation the government denied. Gujarat government spokesperson and cabinet minister Rushikesh […]
India world’s fastest growing economy due to Narendra Modi government’s visionary efforts: BJP
NEW DELHI: Indian economy is not only propelling the growth of the country but has also become an engine of growth for the global economy due to “concerted and visionary efforts” of the government, the BJP said on Tuesday. Addressing a press conference, BJP national spokesperson Gopal Krishna Agarwal claimed India’s gross domestic product (GDP) […]
Congress claims India’s debt under Narendra Modi government risen to Rs 155 lakh crore, demands white paper on economy
NEW DELHI: The Congress on Saturday alleged that India’s debt has nearly ”tripled” to Rs 155 lakh crore in the nine years under Prime Minister Narendra Modi and demanded a white paper on the state of the economy. Congress spokesperson Supriya Shrinate alleged the Modi government’s ”economic mismanagement” is responsible for the present state of […]
ED director SK Mishra’s tenure extended due to FATF review, won’t continue in office after November: Modi government to Supreme Court
NEW DELHI: The Narendra Modi government (Centre) on Monday defended in the Supreme Court the third extension of service granted to Enforcement Directorate chief Sanjay Kumar Mishra, asserting it was due to a peer review being conducted by the Financial Action Task Force (FATF) this year and said he will retire this November. A bench […]
Maharashtra Budget dangles carrot before people, indicates mid-term polls are near:Opposition
MUMBAI: Opposition leaders on Thursday described the Budget presented by the Eknath Shinde-led Maharashtra government as the dangling of carrot in front of people and a precursor to mid-term elections. The state Budget for 2023-24 proposed Rs 6,000 assistance to farmers and Re 1 crop insurance scheme while also offering relief in professional tax to […]
Devendra Fadnavis presents Maharashtra government’s maiden Budget in Assembly
MUMBAI: Maharashtra Deputy Chief Minister Devendra Fadnavis, who is also the state Finance Minister, on Thursday presented the Eknath Shinde-led government’s first Budget for the year 2023-24 in the state Assembly. Fadnavis started reading out the budgetary allocations in the Lower House of the state legislature at 2 pm. He read out the budgetary provisions […]
Madhya Pradesh government presents Rs 3.14 lakh crore budget; Congress stages walkout from Assembly over LPG price hike
BHOPAL:The Madhya Pradesh government on Wednesday presented a Rs 3.14 lakh crore state budget for 2023-24, even as the Opposition Congress staged a walkout from the Assembly on the issue of hike in the LPG cylinder price. Congress members including former ministers Tarun Bhanot, Vijay Laxmi Sadho and Jitu Patwari created ruckus in the House […]
Narendra Modi reviews 9 infrastructure projects worth over Rs 41,500 crore
NEW DELHI: Prime Minister Narendra Modi chaired the meeting of 41st edition of PRAGATI, the ICT based multi-modal platform for Pro-Active Governance and Timely Implementation, involving Centre and State governments, earlier today. In the meeting, nine key infrastructure projects were reviewed. Among the nine projects, three projects were from the Ministry of Road Transport & […]
Development of Uttar Pradesh necessary to make India $5 trillion economy: Amit Shah
NEW DELHI: Union Home and Cooperation Minister Amit Shah Friday said the development of Uttar Pradesh is necessary to make India a five trillion dollar economy and that micro, small and medium enterprises (MSME) will play a key role in achieving the target. Shah was speaking at a session, titled “Enhancing and Empowering MSME and […]
PM Narendra Modi nationalise all assets of Adani Group and then auction it for sale: Subramanian Swamy
CHENNAI: Former Union minister and senior BJP leader Subramanian Swamy has said he wants the Centre to nationalise the assets of Adani Group, which has faced scrutiny after its stocks tumbled following a report over its financial deals and a ruckus was created in Parliament by opposition parties over it. In an interview with PTI […]
Rahul Gandhi questions surge in Gautam Adani’s fortunes, claims it happened after BJP came to power
NEW DELHI: A belligerent Rahul Gandhi on Tuesday led a blistering opposition attack in Lok Sabha over the Hindenburg report, claiming that the meteoric rise in Gautam Adani’s fortunes happened after the BJP came to power in 2014 as he rose in the global rich list from the 609th to the second spot eventually. The […]
India expected to become USD 7 trillion economy in seven years: CEA
NEW DELHI: India’s Chief Economic Advisor (ICA) V Anantha Nageswaran said on Monday that the Indian economy will be USD 3 trillion by the end of the current 2022-23 fiscal and is expected to be USD 7 trillion in the next seven years. The government had previously said India would become a USD 5 trillion […]
Demonetisation enforced after extensive talks with RBI: Modi government tells Supreme Court
NEW DELHI: The 2016 demonetisation was a “well-considered” decision and part of a larger strategy to combat the menace of fake money, terror financing, black money and tax evasion, the Union government has told the Supreme Court. Defending its decision to demonetise currency notes of Rs 500 and Rs 1,000 denominations, the Centre told the […]
India’s Finance Minister hints at possibility of Modi government considering restoration of state status to Jammu and Kashmir
NEW DELHI: India’s Finance Minister Nirmala Sitharaman on Saturday hinted at the possibility of the Centre (Narendra Modi government of Central government) considering restoring state status to Jammu and Kashmir. She dropped the hint while talking about the distribution of funds to the states by the Centre as per the recommendations of the 14th Finance […]
West Bengal breached borrowing limit by seeking loan of Rs 10, 000 crore from RBI: BJP
KOLKATA: Leader of Opposition Suvendu Adhikari on Friday claimed that West Bengal has “breached its borrowing limit” under the Fiscal Responsibility & Budget Management (FRBM) Act by making a loan request of Rs 10,000 crore to the Reserve Bank of India (RBI). Taking to Twitter, the BJP MLA from Nandigram urged the union finance ministry […]
Madhya Pradesh government presents Rs 2.79 trillion tax-free budget; focus on infra, child welfare
NEW DELHI: No new tax was proposed in Madhya Pradesh’s Rs 2.79 lakh crore budget for 2022-23 presented in the Assembly on Wednesday, while Finance Minister Jagdish Devda made substantial allocations for infrastructure at Rs 42,128 crore, for health at Rs 19,405 crore besides Rs 32,843 crore for education in the next fiscal. For the […]