Tag: Narendra Modi

Musk’s satellite business Starlink gets in-principle government nod
Business

Musk’s satellite business Starlink gets in-principle government nod

NEW DELHI: Days before he comes calling on India and PM Narendra Modi, Elon Musk's satcom venture Starlink has been given an in-principle approval from the telecom ministry, clearing the critical hurdle after almost three-and-a-half years of back and forth.The file now lies at the desk of communications minister Ashwini Vaishnaw, who is waiting for final vetting by the home ministry over certain security matters, highly-placed sources told TOI."The commercial part has been examined on issues, such as, foreign investment and net worth. The essential examination shows that it (Starlink's application) is in line with the (official) guidelines. Thus, it has been approved," one of the sources said. "The technical requirements have been examined as per the licence conditions," the source said, ...
BJP manifesto: Sankalp Patra gives NRC a miss, sticks to UCC stand | Lok Sabha Elections News
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BJP manifesto: Sankalp Patra gives NRC a miss, sticks to UCC stand | Lok Sabha Elections News

Prime Minister Narendra Modi, Defence Minister Rajnath Singh and BJP National President JP Nadda release the BJP's election manifesto ‘Sankalp Patra’ at the party headquarters, in New Delhi, Sunday, April 14, 2024 (PTI Photo) Launching the Bharatiya Janata Party (BJP)’s election manifesto on a day that the shadow of conflict threatened to spread further across West Asia, Prime Minister Narendra Modi said a “strong government with a full majority was necessary” in the prevailing uncertain international environment. At the manifesto launch in New Delhi Sunday morning, the PM didn’t refer to any specific dispute but spoke of how his government, in the past 10 years, had time and again evacuated Indians stuck in conflict situations abroad.  The 69-page BJP manifesto, or ‘San...
BHEL making India self-reliant in energy, infra: Heavy industries minister
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BHEL making India self-reliant in energy, infra: Heavy industries minister

The minister noted that the building, equipped with a 30-kW solar power system, reflects BHEL's commitment to move further towards green energy State-owned engineering firm BHEL is not only making India self-reliant in energy and infrastructure sectors but also contributing significantly to defence and space segments, said Union Heavy Industries Minister Mahendra Nath Pandey. The minister inaugurated the newly-constructed BHEL Sadan in Noida on the occasion of BHEL Day on Monday, the company said in a statement. Addressing on the occasion he cited the clarion call of Prime Minister Narendra Modi for achieving the target of 'net zero' carbon emissions by 2070 and said that this 18-storey, eco-friendly green building constructed as per the latest technology and standards is a...
PM Narendra Modi to inaugurate Ayodhya’s international airport today
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PM Narendra Modi to inaugurate Ayodhya’s international airport today

The design complements the upcoming Ayodhya airport and is a clear departure from the regular airport formats The Maryada Purushottam Shri Ram International Airport in Ayodhya, to be inaugurated by PM Narendra Modi today, is located strategically and is expected to facilitate travel for devotees and tourists. Spread over an area of 336.59 acres, with a built-up area of 8000 sq m, the airport has been built at a cost of Rs 250 crore. The design complements the upcoming Ayodhya airport and is a clear departure from the regular airport formats. According to the chief architect of the Ayodhya airport, Harsh Varshney, the principal architect and director of Sthapati Associates, “The cookie cutter airport buildings are more of glass boxes that we have seen come up in the las...
India to Become Third-Largest Economy in My Third Term, Guarantees PM Modi
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India to Become Third-Largest Economy in My Third Term, Guarantees PM Modi

India will be among the top three economies in the world in his third term, Prime Minister Narendra Modi said here on Sunday after inaugurating the sprawling Surat Diamond Bourse, which he said was the “symbol of strength and determination of new India”.Addressing a gathering on the occasion, Modi said the Surat diamond industry is giving jobs to 8 lakh people, and another 1.5 lakh jobs will be added due to the new bourse, the world’s largest and most modern centre for the international diamond and jewellery business.The Surat Diamond Bourse (SDB) building, the world’s largest office complex with more than 67 lakh square feet of floor area, is located at Khajod village near Surat city.“One more diamond is added to Surat’s grandeur. The diamond is not small but the world’s best. Even the b...
India’s stock market valuation reaches $4 trillion for the first time
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India’s stock market valuation reaches $4 trillion for the first time

A surge in investments by retail traders and resurgent foreign inflows have put India’s stock market — the world’s fifth biggest — on the verge of a $4 trillion valuation for the first time.The market capitalization of securities listed on the nation’s exchanges has tripled since the March 2020 pandemic low to reach a whisker short of the $4 trillion mark as of Monday, according to data compiled by Bloomberg.India’s benchmark NSE Nifty 50 Index jumped 2.1% on Monday, leading gains in Asia, after Prime Minister Narendra Modi’s ruling party won three crucial state elections. The victories removed an element of political risk for investors by bolstering Modi’s position ahead of nationwide polls next year, increasing bets for continuity in government policy.The feat for India’s stock market c...
BJP sweeps MP, wrests Rajasthan and Chhattisgarh
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BJP sweeps MP, wrests Rajasthan and Chhattisgarh

The Bharatiya Janata Party (BJP) on Sunday, on the back of “Modi’s guarantees”, swept aside the Congress challenge in the Hindi heartland states of Chhattisgarh, Madhya Pradesh, and Rajasthan, a result that strengthened Prime Minister Narendra Modi’s prospects of leading his party to a third successive Lok Sabha triumph five months hence. The Congress consoled itself with a win in Telangana, but the results jolted the party, which would sit down, along with rest of the INDIA bloc of Opposition parties, on Wednesday, to plan the road ahead. With the Congress losing the heartland, where it had “guaranteed” a return to the Old Pension Scheme, the election results could ease the pressure on the Centre on the issue. However, the BJP had matched the Congress ‘guarantee’ for...
India’s construction sector levels up as housing demand spurs economy
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India’s construction sector levels up as housing demand spurs economy

If India needed any more proof that it was in the midst of a huge housing boom, it got in this week's GDP data, heightening expectations that the industry will continue to power the economy for years to come. The construction sector grew 13.3% in July-September from a year earlier, up from 7.9% in the previous quarter and its best performance in five quarters, the data released on Thursday showed. That helped India expand at a forecast-beating 7.6%, making it one of the world's fastest-growing major economies. In contrast, Western economies have been squeezed by high interest rates and energy prices, while China has been hobbled by a debt crisis in its property sector. The long-awaited boom - which has created millions of jobs - comes after about six years of d...
PM Narendra Modi pushes for ‘green credit’ plans
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PM Narendra Modi pushes for ‘green credit’ plans

Calling for a people-driven approach to climate action, Prime Minister Narendra Modi on Friday announced a Green Credit Program (GCP) at the 28th Conference of the Parties (COP28) to the UN Framework Convention on Climate Change (UNFCCC) in Dubai. Under the initiative, participants undertaking environmentally positive actions will receive tradable green credits. Modi, who became the first Indian prime minister to deliver the opening remarks at the UN climate summit, also proposed to host the event in 2028, or COP33.     The prime minister voiced the demands of developing nations while condemning the historical polluters, noting that the world does not have much time to correct the mistakes of the last century. He also announced the launch of a global digital pl...