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The message is clear: To lift growth and create jobs, a manufacturing push is vital. At The Economic Times Awards for Corporate Excellence, Finance Minister Nirmala Sitharaman was confident that the Indian private sector is ready to step up to the challenge. And senior business leaders seemed to agree. from News-Economic Times https://ift.tt/GtP1ied via IFTTT

Indian private sector must boost capital expenditure to support sustainable, long-term growth and job creation, according to industry leaders and policymakers. Speaking at the Economic Times Awards for Corporate Excellence in Mumbai, Amitabh Kant, Uday Kotak, Sanjiv Mehta, Sajjan Jindal and Preetha Reddy said services provide a strategic advantage, but manufacturing needed to fire. The investment could encourage greater support for R&D and India becoming a reserve currency of the world, said the panel. from News-Economic Times https://ift.tt/TYoqBHy via IFTTT

The Economic Times Awards for Corporate Excellence hosted a discussion by some of India’s sharpest minds. The subject: Private Sector Capex Revival: Key to 8% Growth. On the panel were Amitabh Kant, India’s G20 sherpa; Uday Kotak, CEO of Kotak Mahindra Bank; Sajjan Jindal, chairman of the JSW Group; Preetha Reddy, vice chairperson of Apollo Hospitals; and Sanjiv Mehta, CEO of Hindustan Unilever. Edited excerpts: from News-Economic Times https://ift.tt/njAQHNP via IFTTT

Rajan said 255 people from Karnataka, including 134 from Shivamogga district and 53 from Mysuru, have so far returned to the state in four batches since April 27. As per official data, the total number of Indians who have been brought back home from Sudan now stands at 1,954. Under the evacuation mission, 754 people arrived in India in two batches on Friday. from News-Economic Times https://ift.tt/hI0N7oe via IFTTT

Cargoes can be transported from Chattogram and Mongla ports to Agartala in Tripura via Akhaura, Dawki in Meghalaya via Tamabil, Sutarkandi in Assam via Sheola and Srimantapur in West Bengal via Bibir Bazar. The same routes can be used to transport commodities from the northeastern states to the two ports, officials from Dhaka told ET. from News-Economic Times https://ift.tt/ZfA36ct via IFTTT

Bastar Police have announced a cash reward and released a photo of Jagdish, considered the mastermind behind the recent Dantewada blast in which ten DRG personnel and a civilian died. Although Jagdish is still at large, his wife, Hemla, is currently a doctor’s team commander within the Darbha division of the CPI (Maoist) group. from News-Economic Times https://ift.tt/V019oHv via IFTTT

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Polish state-run news channel TVP Info had earlier reported that police had showed up outside the Russian embassy school on Kieleckiej street in Warsaw on Saturday morning. When asked about the incident, a Polish foreign ministry spokesman told Reuters the building housing the embassy school belonged to the Polish state. from News-Economic Times https://ift.tt/aV7OLjJ via IFTTT

On Wednesday afternoon, Poonam went into labour at Vigyan Bhawan and had to be rushed to the Ram Manohar Lohia Hospital, where she delivered a healthy baby boy. "It was a normal delivery. The baby was born at 6:42 pm. It was an emotional moment for us to have our baby born in Delhi. We have decided to name him Aditya," said Poonam's husband Pramod Kumar. from News-Economic Times https://ift.tt/fGjnZEz via IFTTT

"We have welcomed the investigation, which represents a fair opportunity for everyone to be heard and for all issues to be addressed. We are fully compliant with all laws, rules and regulations and are confident that truth will prevail. We are fully cooperating with SEBI and will continue to provide all our support and cooperation," the statement added. from News-Economic Times https://ift.tt/bmClLFh via IFTTT

Earlier this month, billionaire owner Musk said users of the social media platform will be able to offer their followers subscriptions to content, including long-form text and hours-long video. Elon Musk had also said that the company will not take a cut for the first 12 months on content subscriptions. from News-Economic Times https://ift.tt/vTQ7H1R via IFTTT

The Indian Air Force and Garud Commandos conducted an overnight air-lift operation to rescue stranded Indians from Sudan’s unlit airstrip at Wadi Seidna, with no navigational aids, lighting or fuel. The IAF used Electro-Optical/Infra-Red sensors to secure the runway and ensure no adversary forces were present. A total of 121 personnel were rescued, including a pregnant woman and others without means to reach Port Sudan. from News-Economic Times https://ift.tt/XRGmZI5 via IFTTT

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The revamp plan comes after the resignation of its chief executive officer and managing director Deepak Bagla last month. Invest India is under the Department for Promotion of Industry and Internal Trade (DPIIT). from News-Economic Times https://ift.tt/U0GXAB8 via IFTTT

India's top men's doubles pair Satwiksairaj Rankireddy and Chirag Shetty assured a men's doubles medal at the Badminton Asia Championships after 52 years after outplaying Indonesia's experienced duo Mohammad Ahsan and Hendra Setiawan in the quarterfinals here Friday. from News-Economic Times https://ift.tt/hc9QbYP via IFTTT

While Putin is expected to attend the Summit, there is no concrete indication yet if Chinese President Xi Jinping will attend the Summit in person. India-China ties remain lukewarm over China’s intransigence to restore May 2020 status quo along the Line of Actual Control. from News-Economic Times https://ift.tt/X0nrRdG via IFTTT

Bankers argue that a broader policy is required to promote environmental, social and governance (ESG) lending, and the proposed relaxation will free up more capital for such financing. from News-Economic Times https://ift.tt/km0qUhs via IFTTT

"Trial court to take a decision in accordance with law, as early as possible, within a period of 10 weeks," a bench led by Justice KM Joseph said, while noting that the trial in the case was over and the former directors of Ansal Group - Sushil and Gopal Ansal - who stood convicted had already deposited the fine of ₹30 crore each as directed by the Supreme Court in August 2015. from News-Economic Times https://ift.tt/QreA2tL via IFTTT

​Defence minister Rajnath Singh in meeting with his Chinese counterpart reiterated that violation of existing agreements has eroded the entire basis of bilateral relations. from News-Economic Times https://ift.tt/tcPUwzi via IFTTT

Medical experts have said Omicron sub-variant XBB.1.16 could be driving the surge in cases in the city. However, they have maintained that there is no need to panic and people should follow Covid-appropriate behaviour and get their booster shots. from News-Economic Times https://ift.tt/VPraqMG via IFTTT

The announcement, which included a renewed pledge by Seoul not to pursue a nuclear bomb of its own, emerged from White House talks between U.S. President Joe Biden and South Korean leader Yoon Suk Yeol that covered issues including North Korea, semiconductor chips and trade, and the Ukraine war. from News-Economic Times https://ift.tt/mqSb5Uj via IFTTT

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Underlining the importance of confluence of various cultures of India, Modi said, "We don't have to take forward the struggles; we have to take forward the sangams and samagams. We don't want to find differences, we want to make emotional connections." Citing Tamil saint Thiruvallavar, he said happiness, prosperity and fortune come to those who happily welcome others into their homes. He also described the festivals as important for the unity of the country. from News-Economic Times https://ift.tt/A5uFZKR via IFTTT

Spot gold fell 0.6% to $1,985.80 per ounce by 12:25 p.m. EDT (16:25 GMT) after jumping as high as $2,009.32 earlier. U.S. gold futures slipped 0.4% to $1,996.20. from News-Economic Times https://ift.tt/Yc1vESk via IFTTT

Disney Chief Executive Bob Iger has called the retaliation against the company "anti-business" and anti-Florida." The company employs roughly 75,000 people in the state. State Republicans last year targeted Disney after it publicly clashed with DeSantis, widely considered a 2024 presidential candidate. from News-Economic Times https://ift.tt/RZt9sc0 via IFTTT

The unmanned Hakuto-R Mission 1 lander had been scheduled to touch down on the Moon's surface overnight, but about 25 minutes after the landing was to have occurred, the firm could not establish contact. from News-Economic Times https://ift.tt/NzwqkY0 via IFTTT

He was among the most senior political figures in the country and had cross-party links. Affable and approachable, he drew his strength from his connect with the common man. An agile and artful politician, Parkash Singh Badal balanced the core Panthic interests with a broader appeal that stretched across communities. from News-Economic Times https://ift.tt/gw1ZodC via IFTTT

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In a periodic review meeting with CBDT here Tuesday, Sitharaman also discussed measures to widen the taxpayer base and disposal of applications for condonation of delay and grant of exemptions under certain sections of the Income Tax Act. from News-Economic Times https://ift.tt/qZFCHYg via IFTTT

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Even as China that controlled 75% of foreign investment in Sudan’s oil sector till 2018, has now reduced its dependency on Sudan for oil, it is engaged in the development of infrastructure such as roads, railways, and bridge construction. Being the first sub-Saharan country to recognise China in the 1950s, Sudan has seen a visible Chinese presence on its soil in the past seven decades. from News-Economic Times https://ift.tt/LmStHQx via IFTTT

Ahead of the opening of one of the country's holiest pilgrimage sites, the abode of Lord Shiva was decorated with 20 quintals of flowers. from News-Economic Times https://ift.tt/Z9Htao6 via IFTTT

The development comes after Prime Minister Narendra Modi in October last year, endorsed Chief Minister Pushkar Singh Dhami's remark that Mana was the first village of the country and every border village should be the first village. from News-Economic Times https://ift.tt/yQP0L1U via IFTTT

At the much-awaited ET Awards for Corporate Excellence on April 28 in Mumbai, a high-powered panel will discuss what needs to be done to step up private sector capex so that the economy - the world's fastest-growing - can surge to 8% expansion and beyond. from News-Economic Times https://ift.tt/PYKzxwg via IFTTT

Trillium, which holds over 500,000 shares of Getty Images, offered to buy the rest at $10 apiece, representing a premium of nearly 98% to the stock's last close. Shares of Getty Images rose nearly 43% in morning trade to $7.25, much below the offer value, indicating there were concerns over the deal going through. from News-Economic Times https://ift.tt/YvtL6se via IFTTT

Kicking off an election campaign from Saharanpur, he spoke about the achievements of his government and charged that earlier governments were busy instigating riots. from News-Economic Times https://ift.tt/hqMCkJV via IFTTT

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Musk said on a conference call last week that Tesla has the wherewithal to sell cars at "zero profit" and then earn immense sums later off driverless software. from News-Economic Times https://ift.tt/PHFlWuC via IFTTT

Both Shettar and Savadi are Lingayat leaders from the Mumbai-Karnataka (Kittur Karnataka) region, who quit the party after a lot of noise and are fighting elections on Congress tickets. The region accounts for 50 seats across six districts, and the party has traditionally been strong there. Shettar is contesting from the Hubli-Dharwad Central constituency and Savadi from Athani. from News-Economic Times https://ift.tt/Oyh0KVz via IFTTT

A Ponzi scheme is one where old investors are paid returns with money deposited by new investors. The new entrants may not get any returns and, in some cases, they may lose the money they invested. In India, Ponzi schemes are banned under the Banning of Unregulated Deposit Schemes Act, 2019. from News-Economic Times https://ift.tt/zj6glLt via IFTTT

About 2,424,540 water bodies have been enumerated in the country by the Ministry of Jal Shakti, out of which 97.1 per cent are in rural areas and only 2.9 per cent are in urban areas. The top five states in terms of a number of water bodies are West Bengal, Uttar Pradesh, Andhra Pradesh, Odisha and Assam -- which constitute around 63 per cent of the total water bodies in the country. from News-Economic Times https://ift.tt/GPUoOuk via IFTTT

The partition of India and Pakistan in 1947 led to Sikhs being uprooted and displaced, with most migrating to India while a minority remained in Pakistan. Indian Sikhs have thrived and succeeded in various fields, constituting 2% of the country's population and contributing to areas such as business, medicine, and politics. from News-Economic Times https://ift.tt/Zm5hL4H via IFTTT

The News Intervention reported on the devastation caused in Kashmir during the 1980s and 1990s, as young men were brainwashed into believing in the "Jihad" to liberate Kashmir. Millions of rupees that could have been invested in human development were instead invested in negativity and destructive activities, while the Pakistani generals, politicians, and clerics who supported the Jihad benefited financially. from News-Economic Times https://ift.tt/JczLqVb via IFTTT

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ADB forecasts Sri Lanka's economic growth to dip to 2.4% in 2022 and improve marginally to 2.5% in 2023. The forecast indicates a better prospect for the economy now that what the World Bank had forecast in October 2022. According to Word Bank October 2022 forecast, Sri Lanka's real GDP was expected to fall by 9.2 percent in 2022 and a further 4.2 percent in 2023. from News-Economic Times https://ift.tt/tP4XyHA via IFTTT

Kotak Mahindra AMC managing director Nilesh Shah advocated greater public-private partnerships for state-owned firms to unlock wealth that will fuel India's growth. from News-Economic Times https://ift.tt/OweLKrq via IFTTT

The airman accused of leaking classified documents to a small group of gamers was reportedly posting sensitive information on a much larger Discord chat group months earlier, with around 600 members, according to The New York Times. The newspaper revealed that information posted, which was available to the public after being listed on a YouTube channel, included details about Russian and Ukrainian casualties, Moscow's spy agencies' activities and updates on aid provided to Ukraine. from News-Economic Times https://ift.tt/ZU4oxzG via IFTTT

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The rural development ministry then decided to continue to allow payments through both ABPS and the usual electronic payment through the National Automated Clearing House (NACH) until March 31. It later extended the deadline to June 30. from News-Economic Times https://ift.tt/nSHXRgL via IFTTT

Intense speculation is going on in Maharashtra's political circles about Ajit Pawar's growing proximity with the ruling BJP. from News-Economic Times https://ift.tt/DyP7aOH via IFTTT