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Economy

India’s industrial output in 2021-22 rebounded from Covid lockdown to surpass pre-pandemic levels

New govt data on industrial production reveals output in 2021-22 surpassed levels of 2018-19 & 2019-20. Data shows employment and wages also rebounded strongly in these sectors.

PM Modi speaks at India Energy Week in Goa, outlines government’s focus on ‘alternate fuels’

Inaugurating the event, PM Modi asserted that India's solar installed capacity has increased by 20 times over the decade and ethanol blending increased from 1.5per cent to above 12 per cent.

Chinese stocks surge on rescue efforts; dollar, yields steady

By Rae Wee SINGAPORE (Reuters) -Asian shares rode a sharp rise in Chinese stocks higher on Tuesday as Beijing ramped up efforts to put a floor under its slumping market, but elsewhere investors were

Gold prices edge higher as US dollar, Treasury yields slip

By Harshit Verma (Reuters) - Gold prices inched higher from nearly two-week low levels on Tuesday, as the dollar and Treasury yields slipped, and traders took stock of missing signs of de-escalations

India to see investment of USD 67 billion in next 5-6 years in energy sector: PM

Goa, Feb 6 (PTI) Prime Minister Narendra Modi on Tuesday said that India will see an investment of USD 67 billion in the...

‘Poor fiscal marksmanship’? UP budgets Rs 7.36 lakh crore for FY25, but is spending less than proposed

Yogi Adityanath govt had set aside Rs 7.19 lakh crore for 2023-24, but expects to spend Rs 6.32 lakh crore from total proposed amount by 31 March this year.

Dollar drifts, Aussie gains on prospect of rate hike

By Ankur Banerjee SINGAPORE (Reuters) -The U.S. dollar wobbled near a three-month peak as expectations the Federal Reserve is unlikely to cut rates aggressively this year take hold, while the

India to sign multi-billion dollar deal to extend LNG imports from Qatar for 20 years

Betul (Goa), Feb 6 (PTI) India is likely to sign on Tuesday a multi-billion dollar deal to extend LNG imports from Qatar till 2048...

PM Modi inaugurates ONGC’s sea survival centre in Goa

Goa , February 6 (ANI): Prime Minister Narendra Modi, who is on a day-long visit to Goa on Tuesday, inaugurated the ONGC Sea Survival...

Asia stocks rise as China rebounds, dollar steady

By Rae Wee SINGAPORE (Reuters) - Asian shares edged up on Tuesday thanks to a bounce in battered Chinese markets, but elsewhere investors were cautious amid diminishing expectations of a near-term

On Camera

There’s too much Akshay Kumar on screen. Take a break and come back with a Hera Pheri

Every few months, a new release raises the question: Can this film save Akshay Kumar’s career? So far, the answer has been a resounding no.

Pilots, engineers, maintenance crew — skilled worker shortages add to crisis in aviation sector

India’s aviation space is grappling with more than just a pilot deficit problem as industry experts highlight the need for the government and the aviation regulator to step in.

Indian Navy carries out maiden operation as CMF member, seizes 940 kg drugs in Arabian Sea

India became an associate member of CMF in July 2022 and a full member last November; another engagement key to the country’s widening military diplomacy.

44 years on, two things that have changed in Modi’s BJP, and one that hasn’t

As the BJP heads for a likely third successive term in power, it's fascinating to debate how true it looks to the original proposition: a party with a difference.