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Congress on Sunday targeted the Modi government over a recent CAG report on Bharatmala project, alleging that infrastructure projects have been granted to "close friends" and donors of the BJP and asserted that only a JPC probe can unravel the truth. In a statement, Congress general secretary (communications) Jairam Ramesh said the Bharatmala Pariyojana is aimed at developing 35,000 km of national highways to make freight movement across the country more efficient. «Yet, the most remarkable feature of the project has been the efficiency with which costs have been inflated and projects handed over to the Prime Minister's close friends and his party's electoral bond donors, as shown in a recent CAG report covering the period 2017-21,» he alleged. The Congress leader said the National Highways Authority of India (NHAI) awarded a 250 km four-lane project between Suryapet and Khammam in Telangana to a consortium in which Adani Transport was the dominant partner with a 74 per cent work share. According to the CAG, he said Adani Transport «did not fulfil the condition of 'Request for Proposal' regarding experience of five years» building highways. «Despite being completely unqualified to bid, Adani Transport once again benefited from Modi's Magic.

Major US retailers have been forced to put daily use items such as toothpaste, chocolate, washing powder and deodorant under lock and key amid a spate of organized shoplifting. As consumers grapple with escalating costs of living many major retailers – including Walmart and Target - have seen their latest earnings dip significantly due to nimble-fingered patrons. Stores have now resorted to a slew of anti-theft measures – from installing transparent walls with locks on shelves and adding padlocked chains on refrigerators to scattering call buttons across aisles for staff.

Christopher Nolan's latest film, Oppenheimer, has taken the global box office by storm, raking in nearly $800 million in revenues. Released on the same day as the blockbuster Barbie on July 21, 2023, which has collected around $1.34 billion worldwide, Oppenheimer's success raises some intriguing questions. How did a movie centered around a relatively unknown scientist manage to become a massive hit? Oppenheimer is a dialogue-heavy film with three parallel timelines, two in color and one in black and white, constantly shifting chronologically.

Narendra Modi whose only motto is to «lie to the people, get their votes and rule over them». The remarks by the AAP, a constituent of the opposition INDIA alliance, came after PM Modi, in an interview with PTI, said, «For a long time, India was perceived as a nation of over one billion hungry stomachs. But now, India is being seen as a nation of over one billion aspirational minds, more than two billion skilled hands, and hundreds of millions of young people.» Reacting to the prime minister's comments that fake news and deep fakes can cause chaos and loss of credibility of news sources and can be used to fuel social unrest, the AAP accused the Union Cabinet of being «responsible for most of the fake news». AAP's Rajya Sabha MP Sanjay Singh said the prices of fuel and medicines have gone up considerably under Prime Minister Modi. «Under PM Modi, unemployment became the highest in 42 years.

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By Steven Scheer

global warming. The moment calls for addressing both issues. We believe that jump-starting sustainable and inclusive growth can improve the quality of life for people and be of aid to the planet.

The CEO of one of Germany’s last nuclear power producers has cautioned against the idea of a non-nuclear country such as Australia adopting nuclear power, pointing to the cost overruns and delays plaguing new nuclear plants around the world.

GenesisCare’s troubled business in the United States, which collapsed into bankruptcy in June, is performing better than expected, helped by cost-cutting ahead of a sales process that will involve splitting its assets.

Four mainstream Australian insurers say they avoid deliberately inflating premiums for customers predicted to be more likely to tolerate higher price renewals, contrasting with allegations levelled against major provider IAG.

Shanghai | Tesla shares fell more than 4 per cent on Friday after the electric automaker unveiled a restyled, China-made Model 3 with a longer driving range and a higher price.

QIP) in the next quarter," Punjab & Sind Bank managing director Swarup Kumar Saha told PTI. It will help achieve the twin objective of capital raising and dilution of the government's holding in the bank, he said. Government of India holds a 98.25 per cent stake in the bank which was listed on the stock exchanges in 2010. He said that the government's nod is also in place for the capital raising. The bank had written to the Centre seeking its approval for capital raising in May this year. As part of a strategy to increase touch points and brand visibility, Saha said the bank is aiming for 2,000 branches and as many ATMs in the country in the next three years. The addition of branches would help mobilise low-cost deposits and also increase penetration of loan products, he said. «We are trying to build operational efficiency more so that I can reduce my cost and increase my fee income.

G20 Summit, the Delhi Metro will sell 'Tourist Smart Cards' through dedicated counters at 36 stations from September 4-13, officials said. These cards will be available in two categories — one-day and three-day validity — offering «unlimited rides» in the metro network. The Tourist Smart Cards are available on regular days too but, in view of the G20 Summit, dedicated counters have been opened to sell these cards for a period of 10 days from Monday, a senior official said. The G20 Leaders' Summit is slated to take place in New Delhi from September 9-10. The dedicated counters have been provided to «facilitate G20 delegates and international visitors who might be interested in exploring the prominent tourist places of the capital city as they arrive in Delhi, owing to the upcoming G20 Summit,» the official said. The one-day card will be available for Rs 200 while the three-day card will cost Rs 500. This amount also includes a refundable security deposit of Rs 50, the Delhi Metro Rail Corporation (DMRC) said.

Nifty Auto index has rallied by 24% YTD. Initially, we had a sceptical view regarding the sector’s outlook due to fading pent- up demand and high vehicle costs. However, lower input costs and price hikes have driven margin expansion leading to stable earnings growth.

economic development. Ultimately, India aims to emulate China's success in moving a substantial portion of its population from lower-income status to the middle-income bracket. Also Read: Indian-origin Tharman Shanmugaratnam wins Singapore's presidential election In essence, Tharman Shanmugaratnam pointed out that India's approach to its economy has been characterized by excessive government intervention and inadequate investment in social and human development.

debt problems gripping a number of developing world nations will be a core topic during the G20 summit in Delhi next month. Below is a look at countries currently facing problems.

G-20 Summit at the Pragati Maidan on September 9 and 10. Numerous security measures such as anti-drone systems and bulletproof limousines have been put in place to ensure the safety for the high-profile event. 1) More than 1,30,000 security personnel have been deployed in Delhi as the national capital gears up to host the G20 summit on September 9 and 10, Reuters reported.

Lok Sabha elections simultaneously may reduce that cost. -Besides, simultaneous elections may save time and the government can get five stable years to focus on governance instead of winning polls.

remarks on Sanatana Dharma and said that the reality of some people in Tamil Nadu has now come out, according to a report published by the news agency ANI. “Just a few days ago, we organized Kashi Tamil Sangamam, and Lord Vishwanath is commemorated in every village in Tamil Nadu...'Sanatana' is eternal, nothing is going to happen with these political remarks...," Pradhan said. On the other hand, the chief priest of Ram Janmabhoomi Acharya Satyendra Das said that the Sanatana Dharma cannot be eradicated at any cost.

bond investors to bet that the tightening cycle is finally ending. A spate of slowing employment metrics this week, crowned by Friday’s August payrolls report, has shifted market sentiment in favor of owning policy-sensitive two-year Treasuries, which BlackRock Inc.’s Jeff Rosenberg called a “screaming buy.” The prospect of the Fed wrapping up its most aggressive tightening campaign in decades also drew investors to another favorite end-of-cycle trade — a steepening yield curve. The wager is that as the focus shifts to the timing of a potential Fed pivot to easing, short-maturity notes will fare better than long-term bonds.