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Infrastructure sector key to push growth: Naina Lal Kidwai

Honest ecosystem necessary to ensure honest business: V Balakrishnan

Honest ecosystem necessary to ensure honest business

The POCO X6 in 12GB RAM and 256GB on-board storage variant is offered in Mirror Black and Snowstorm White colours, exclusive on Flipkart

As many as 1,606 government-run primary schools in Gujarat were functioning with just one teacher, the state government informed the legislative assembly on Monday.
In a debate during the Question Hour of the ongoing budget session, state Education Minister Kuber Dindor admitted that the number of schools facing a shortage of teachers has increased in the last two years mainly because of the transfer of educators to places of their choice.
While Dindor assured the House that vacant posts in the state-run primary schools would be filled "at the earliest", Congress MLAs took a strong exception and asked the BJP government to specify the timeframe for filling the posts.
Responding to a question by Congress MLA Tushar Chaudhary, the minister said 1,606 government primary schools in Gujarat were functioning with just one teacher as of December 2023.
The state has more than 32,000 government primary schools.
He said steps are being taken to ensure that students do not suffer, and these

Shahid Kapoor's movie Teri Baaton Mein Aisa Uljha Jiya collected Rs 10.75 crore on the third day. The total worldwide collection of the movie is Rs 52.5 crore

The Assam government on Monday presented a Rs 2.9 lakh crore budget for the 2024-2025 financial year with a deficit of Rs 774.47 crore and proposed no new tax.
Presenting the annual financial statement for the next fiscal, Assam Finance Minister Ajanta Neog also said the government will support the education of 10 lakh girls up to post graduation level in order to eliminate child marriage from society.
"The Budget Estimates of 2024-25 show a receipt of Rs 1,43,605.56 crore under the Consolidated Fund of the state. After adding the receipt of Rs 1,44,550.08 crore under Public Account and Rs 2,000 crore under Contingency Fund, the aggregate Receipts amount to Rs 2,90,155.65 crore," she added.
As against this, the total expenditure from the Consolidated Fund in 2024-25 is estimated atRs 1,43,890.62 crore, Neog said.
She further said that taking into account, the expenditure of Rs 1,42,670.09 crore under the Public Account and Rs 2,000 crore under the Contingency Fund, the aggregate ..

Patel Engineering Ltd (PEL) has reported a multi-fold jump in its consolidated net profit to Rs 70.2 crore during the quarter ended December 2023, supported by higher income.
It had clocked a net profit of Rs 19.4 crore during the October-December period of preceding 2022-23 financial year, the company said in an exchange filing.
The company's total income rose to Rs 1,076.1 crore from Rs 980.6 crore a year ago.
Expenses stood at Rs 1,030.9 in the reporting quarter as against Rs 940.5 crore in the third quarter of last fiscal.
In a separate statement, the company's CMD Rupen Patel said, "Our adaptability and resilience are evident in our increased turnover of Rs 3,200 crore in the nine-month period, marking a 19.17 per cent growth as against the corresponding period in the last year."
The company is expected to sustain an upward trajectory through various projects and joint ventures, he said.
Kavita Shirvaikar, whole-time director & CFO said, "With a focus on prudent financial ..

While inflows into G-Secs is a given, the secondary effects of these in the corporate bond market are to be watched for

Even as the investment exceeded the government's estimate in the previous financial year, progress was not uniform across all schemes

Fintech firm One97 Communications, which owns the Paytm brand, has received support from merchants, and it assured them of continuity of services without any disruption, the company said in a blog on Sunday.
The blog post came amid the recent crisis around Paytm Payments Bank Limited (PPBL), an associate company of Paytm, which has been barred by the RBI from accepting deposits or top-ups in customer accounts, wallets, FASTags and other instruments after February 29.
Withdrawal or utilisation of balances by its customers from their accounts, including savings bank accounts, current accounts, prepaid instruments, FASTags, and National Common Mobility Cards, are to be permitted without any restrictions up to their available balance.
"We assure our users and merchant partners that the Paytm app and services continue to operate at full capacity. In instances, where our associate Paytm Payments Bank acts as a back-end bank, we can seamlessly transition these services to other partner ...

As part of cost-cutting measures aimed at sustaining investor interest, SpiceJet will reduce around 15% of its workforce

Dhunseri Ventures, WPIL, Jai Corp, Jai Balaji, Waaree Renewable, Apollo Micro, Newgen Software, KPI Green, TRIL and Suzlon Energy were non-CPSEs which were locked in their 5 per cent down circuits

The company opted not to disclose figures for its international operations, citing their insignificance in meeting the disclosure threshold specified in the Indian Accounting Standards

PepsiCo and other retailers are now facing some resistance to the multiple price hikes undertaken since the pandemic to fend off higher costs caused by supply chain disruptions

Sustained disruptions in the Red Sea route is likely to raise the freight and forwarding (F&F) cost by 25-30 per cent for corporates largely dealing in international trade, a report said on Friday.
Moreover, the working capital cycle is likely to aggravate by 15-20 days, and the impact could be higher for sectors such as agriculture and textiles, credit ratings agency Ind-Ra said in its report.
Working capital cycle refers to the period between payments made to suppliers and revenue received from sales.
The report also said that pressures on cash flow, although moderate for large entities, will further increase borrowings, especially for sectors such as iron and steel, auto and auto ancillaries, chemicals and textiles, which have seen a year-on-year rise in net leverage in the first half of the current fiscal.
"The challenge is significant for the entities having low value addition therefore thin margins. Although large entities have adequate elbow room to accommodate such ...

The bench led by Chief Justice of India DY Chandrachud, however, refused to pass any interim orders protecting the startups from being removed from Google's Play Store

Researchers have developed a new artificial intelligence (AI) model that can predict the onset of psychosis in people using brain scans.
They said that the model, trained on brain scans from people globally, could be helpful in clinical settings, as earlier intervention typically leads to better outcomes with less negative impact on people's lives, even as most experiencing psychosis recover fully.
Psychosis is a mental state characterised by being out of touch with reality and symptoms can include delusions, hallucinations or radical changes in behaviour and thinking. The condition has no single cause, but can be triggered by trauma, drug or alcohol use, or a genetic predisposition.
"At most only 30 per cent of clinical high-risk individuals later have overt psychotic symptoms, while the remaining 70 per cent do not," said associate professor Shinsuke Koike from the Graduate School of Arts and Sciences at the University of Tokyo, Japan, and the corresponding author of the study ...

Red flags were raised on regulatory issues but they may have been late

Critics used to mock the BJP over its promises alleging they were driven by electoral exigencies, he said, asserting that Modi govt banned triple talaq as well and fulfilled many other commitments

He said he's preparing a detailed roadmap to make India third-largest economy

The Haryana government on Saturday ordered the suspension of mobile internet services and bulk SMS in seven districts ahead of farmers' proposed 'Delhi Chalo' march on February 13.
According to an official order, the mobile internet services will remain suspended in Ambala, Kurukshetra, Kaithal, Jind, Hisar, Fatehabad and Sirsa districts from 6 am on February 11 to 23:59 pm on February 13.
The Samyukta Kisan Morcha (Non-Political) and the Kisan Mazdoor Morcha has announced the 'Delhi Chalo' march by more than 200 farmers' unions on February 13 to press the Centre for accepting their several demands, including enactment of a law to guarantee a minimum support price (MSP) for crops.

Committee to be headed by former Sebi chief Damodaran

Why are fewer Indian students choosing to study abroad in 2024? Diplomatic tensions, stricter visa policies, and rising costs have led to a decline in enrollments in the US, UK, and Canada.

Amid its tussle with the Centre over alleged Hindi imposition, the DMK-led Tamil Nadu government replaced the Devanagari rupee symbol (₹) with a Tamil letter for ‘ru,’ derived from ‘rubai.

Kannada actor Ranya Rao was caught smuggling 14.8 kg of gold at Bengaluru airport. She confessed to learning smuggling techniques from YouTube videos.

A war of words has erupted between the Tamil Nadu government and the Centre over the New Education Policy. In a recent rally, Tamil Nadu CM MK Stalin launched a scathing attack on the Centre.

Separatist militants attacked the Jaffar Express en route from Quetta to Peshawar, targeting over 400 passengers. The Balochistan Liberation Army claimed responsibility.

Page 2 - Video Gallery

Infrastructure sector key to push growth: Naina Lal Kidwai

Honest ecosystem necessary to ensure honest business: V Balakrishnan