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New Delhi, Feb 2: Government of India’s plans to classify data centres and energy storage as infrastructure assets allowing firms to access cheap and long-term credit, in a big boost for billionaires Gautam Adani, Sunil Mittal and Mukesh Ambani’s plans to aggressively grow in these segments. “Data centres and energy storage systems including dense charging infrastructure and grid-scale battery

Fresh impetus to the healthcare sector was missing in the Union Budget 2022-23 presented in the Parliament on Tuesday, healthcare sector players and experts said. D.V.S. Soma Raju, Executive Director, SLG Hospital, feels that while the existing healthcare machinery in India stood up to the challenge posed by Covid-19 pandemic and did its best to keep a possible disaster under check, this sector

New Delhi, Feb 1: For every rupee in the government coffer, 58 paise will come from direct and indirect taxes, 35 paise from borrowings and other liabilities, 5 paise from non-tax revenue like disinvestment and 2 paise from non-debt capital receipts, according to the Budget documents for 2022-23. According to the Union Budget 2022-23 presented in Parliament by Finance Minister Nirmala Sitharaman

Udupi, Feb 1: The protesting Muslim girl students of the Government Girls Pre-University College here, who attended their Class wearing ‘hijab’ thereby defying the Karnataka government order, were sent out of the respective Classrooms on Tuesday. The issue is more likely to be blown into a major controversy as February 1 is celebrated as the World Hijab Day. The entry to media has been prohibited

Union Finance Minister Nirmala Sitharaman on Tuesday presented the Union Budget for the fiscal year beginning 1 April. Infrastructure emerged as the topmost priority for the Narendra Modi government as the finance minister said that the budget for 2022/2023 will lay the foundation for economic growth through public investment as Asia's third-largest economy emerges from a pandemic-induced slump

New Delhi, Feb 1: Having closed the most high-profile disinvestment process of Air India, the government also decided to retire the airline’s debt that it transferred to the Special Purpose Vehicle (SPV). In the Union Budget 2022-23, the government allocated an additional Rs 51,971 crore towards the settlement of outstanding guaranteed liabilities of Air India and its other sundry commitments

Mangaluru, Jan 31: Claiming that there is no internal strife or groupism in the party, the newly appointed Deputy Leader of Congress Legislative Party (CLP) in Karnataka Legislative Assembly, U.T. Khader said in Mangaluru that he will discharge his duty in close coordination with CLP leader Siddaramaiah and Karnataka Pradesh Congress Committee president D.K. Shivakumar. “There are no groups in our

Niranjan Kumar, the eldest son of a small farmer in the eastern Indian state of Bihar, was one of 1.25 crore youngsters who applied for 35,000 jobs when the railways department started recruitment examinations more than a year ago. The mathematics graduate, 28, and his dormitory mates did not even make it to a recently released shortlist despite preparing for years, a collective setback that

New Delhi, Jan 31: Indian economy contracted by 6.6 per cent in 2020-21 as against the earlier estimate of 7.3 per cent decline, showing that the Covid-19 pandemic hit economy did not perform as badly as was initially worked out. As per the provisional estimates released in May 2021, the GDP had contracted by 7.3 per cent during 2020-21 on account of the outbreak of Covid-19 and subsequent

Bengaluru, Jan 31: Mohammed Haris Nalapad took charge as Karnataka Pradesh Youth Congress Committee (KPYCC) president on Monday. He has replaced Raksha Ramaiah. He inaugurated his office with rituals as per Hindu, Muslim and Christian customs. Speaking to reporters, Nalapad said a formal event to mark the start of his tenure as KPYCC president will be held at the Congress’ office on February 10.