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India

NDA govt changed ‘dilly-dallying’ work culture of UPA: PM Modi

Kareng Chapori, Assam: Prime Minister Narendra Modi on Tuesday said his government has changed the “dilly-dallying” work culture regarding the implementation of development projects. Addressing a rally here after inaugurating the country’s longest rail-cum-road bridge, at Bogibeel in Assam, he said completion of projects within a given time frame is no longer confined to paper […]

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India

Modi blames UPA govt for bad loan mess, every penny will be recovered

New Delhi: Prime Minister Narendra Modi on Saturday blamed ‘phone-a-loan’ scam of the previous UPA government for the bad loans in the banking sector and said every penny given at the behest of ‘namdars’ (dynasts) will be recovered. Speaking at a function to launch the payments bank of the postal department, he said a majority of […]

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Economy

Rupee has not depreciated to a worrying level, says Rajan

New Delhi: Former RBI Governor Raghuram Rajan has said that the rupee has not depreciated to ‘too worrying levels’, though the government needs to take care of the widening current account deficit (CAD). The rupee on 16 August had slumped to a lifetime low of 70.32 on strong demand for the US dollar. The rupee today […]

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India

Air India asks restoration of equity infusion from govt

Mumbai: In a blow to the government’s privatisation drive in aviation, no bidder showed up on the last day of submitting the expression of interest to buy a controlling stake in Air India. The government had proposed to offload 76% equity share capital of the national carrier as well as transfer the management control to private […]

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India

एयर एशिया—एफआईपीबी स्वीकृति में यूपीए के दो मंत्रियों की भागीदारी की जांच करेगी सीबीआई

नई दिल्ली— एयर एशिया एयरलाइंस को अंतरराष्ट्रीय लाइसेंस व विदेशी निवेश प्रमोशन बोर्ड (एफआईपीबी) की स्वीकृति दिलवाने में मदद करने में यूपीए-2 (यूनाईटेड प्रोग्रेसिव एलायंस) के दो मंत्रियों की भागीदारी की जांच अब सीबीआई करेगी। उल्लेखनीय है कि सीबीआई ने इस मामले में कल ही एक मुकदमा दर्ज किया है। इसमें सीबीआई का कहना है […]

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India

PMAY: Urban houses saw 240% rise under Modi govt

New Delhi: Modi government has approved the construction of 45.86 lakh houses in urban areas with the central assistance of Rs 70,716 crore since it came to power in 2014, recording an increase of around 240% as compared to 13.45 lakh houses sanctioned in the UPA government’s 10-year tenure with the central assistance to the tune of […]

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India

Manmohan attacks PM for ‘economic mismanagement’

Bengaluru: Former prime minister Manmohan Singh today launched a scathing attack on the Modi government for its ‘disastrous policies’ and ‘economic mismanagement’, and said the country was facing crises that were avoidable. Singh attacked the government over a series of banking sector frauds, saying the money swindled almost quadrupled from Rs 28,416 crore in September […]

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India

Sonia in Rae Bareli for 2 days from today

Rae Bareli: On the heels of the BJP announcing a mega rally here on 21 April when an old Congress family comprising three brothers, including two legislators, would join the saffron party, United Progressive Alliance (UPA) chairperson and local MP Sonia Gandhi would be on a two-day visit to her constituency from Tuesday. The Congress legislative council leader Dinesh […]

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India

UPA ‘s ‘policy paralysis’ affected defence preparedness: PM

Thiruvidanthai, Tamil Nadu: Prime Minister Narendra Modi today said the UPA government’s policy paralysis in the defence sector had affected the country’s military preparedness. In his address after inaugurating the four-day Defence Expo here, Modi said laziness, incompetence or perhaps some hidden motives of the previous government had badly impacted the defence sector. There was […]

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India

Rahul Gandhi attacks PM Modi over proposed jet procurement

New Delhi: Congress chief Rahul Gandhi today lashed out at Prime Minister Narendra Modi, alleging that his friends raced to find strategic partners after the government re-tendered $15 billion fighter jet deal. Gandhi was citing a media report in this regard which stated that India was seeking over 100 new fighter jets in the world’s […]