Indian Subcontinent Industries

Modi wants sale proceeds of 100 PSUs to be used for rural connectivity

The government has “no business” to be in business, Prime Minister Narendra Modi said on Wednesday to show his government push for disinvestment and privatization of public sector undertakings (PSUs).   The PM made the remarks during a webinar on privatisation by the Department of Investment and Public Asset Management (DIPAM).   “It is the Read More…

Companies Industries Market Technology

UNPRECEDENTED – NSE Trading was halted at 11:40 am on 24 Feb 2021

India’s largest stock exchange, the National Stock Exchange (NSE), on Wednesday abruptly shut its cash and derivatives segment following a glitch which froze stock prices.   In an unprecedented move NSE Trading was halted at 11:40 am. Stock and index prices had stopped updating from 10:08 am, said market participants   “NSE has multiple telecom Read More…

South India State Government

Tamil Nadu budget: Revenue nosedives 18% ; Fiscal deficit goesup Rs 96k Crores and debt skyrocketed Rs570K Crores

ADMK that ruled for two tenure  and on the 10th year the interim budget was presented by Tamil Nadu Deputy Chief Minister and Finance Minister O Panneerselvam today. Tamil Nadu’s tax revenue declined by 18 per cent, at about Rs 1 trillion in 2020-21 as per the revised budget. In the aggregate, the State-owned tax Read More…

High Court Indian Subcontinent Women

Police has only Scanty and sketchy evidence says Court and granted bail to Disha Ravi

A Delhi court on Tuesday 23 Feburary granted bail to climate activist Disha Ravi, arrested in connection with allegedly being involved in sharing a “toolkit” on social media related to the farmers’ protest, terming evidence produced by police as scanty and sketchy.   Additional Sessions Judge Dharmender Rana granted relief to Ravi on a personal Read More…

Indian Subcontinent Industries Market

FM Nirmala admits she is in ” ‘Dharma Sankat’ over rising Fuel prices

Union Finance Minister Nirmala Sitharaman on Saturday admitted that she is in a ‘Dharma Sankat’ (dilemma) situation due to rising petrol and diesel prices.   Responding to a question, post discussion on the Union Budget at Chennai Citizen’s Forum, on whether the rise in petrol price will be brought under control, the Union Finance Minister Read More…

Accidents Environment North India Rivers

Media forgotten sorry tale of Uttarakhand flood where 67 dead and still 137 missing

Two more bodies were recovered from the flood-ravaged Tapovan-Vishnugad hydel project site, taking the death toll in the calamity in Uttarakhand to 67 even as search operations continued there for the 15th day on Sunday.   Three bodies had been recovered from the desilting tank near the Tapovan project barrage by Saturday evening while two Read More…

Banks Currency

Bitcoin cryptocurrency gained 20% in a week to reach $1 trillion cap

The world’s most popular cryptocurrency rose to a record $57,553, taking its weekly gain to around 20%. It has surged nearly 100% this year.   Bitcoin hit a fresh high on Saturday, extending a two-month rally that took its market capitalization above $1 trillion on Friday.   Bitcoin’s gains have been fueled by evidence it Read More…