After the railways missed the target by a huge Rs 1.23 lakh crore for 2022-2025 and many other ministries raising issues on how these targets were set, the government is now taking a new approach for 2025-30 to improve accuracy and accountability.
A slew of factors such as lack of interest from the private sector, absence of an independent regulator and stringent regulations have weighed on the Railways' asset monetisation efforts.
From a brewing price war in China's AI chat bot space to Nvidia delivering strong quarterly results, here's a look at some of the major developments from across the world.
Amazon reported a 4.2 percent jump in sales on Amazon.com and a 6.4 percent jump in sales at its physical store operations, which include Amazon Fresh, Whole Foods and Go convenience stores, for the second quarter ended June 30
In this episode of Market Minutes, Shailaja Mohapatra talks about the Q1 results lined up for this week, the trend in FII flows and the flurry of primary market activity. Catch Ruchit Jain of 5Paisa in Voice of the Day segment. Market Minutes is a morning podcast that puts the spotlight on hot stocks, keys data points and developing trends.
The European Council, which represents the 27 member nations, said the agreement reached after all-night negotiations would raise the renewable energy target to 42.5% of total consumption by 2030. The current goal is 32%.
The target was fixed in the meeting of state food secretaries held alongside state food ministers' conference here to discuss procurement arrangements. The meeting was chaired by Food Secretary Sanjeev Chopra.
The fiscal fourth-quarter results beat retail industry analysts’ expectations. But the Minneapolis discounter issued a cautious outlook for the year as inflation squeezes household budgets. Shares dropped 5%.
Jamie McCauley said usually it takes one to two weeks for them to break even and four to eight weeks to sell 90 per cent of the products, but they have never faced a loss.
While many agreed with the man that it was unreasonable to ask him to work faster on Day 1 without any training, others said that all bosses will ask employees to work to keep the pressure on.
The Minneapolis retailer voiced caution about its sales and profit for the fourth quarter and the critical holiday shopping season.
In his virtual address as the chief guest at the ”bhoomi pujan” of expansion of ArcelorMittal Nippon Steel India’s flagship plant at Hazira in Gujarat’s Surat district, Modi said in the past, India had to import high grade steel for the defence sector, but scenario has changed now.
The company, which has a major manufacturing plant and R&D centres in West Bengal’s Kharagpur, clocked a revenue of around Rs 4,000 crore in the financial year 2021-22, despite subdued demand due to COVID-induced headwinds.
American rail operator Union Pacific has seen a 160 percent rise in the thefts in Los Angeles county since December 2020.
A stop-loss order can be placed with your broker or you can set a price alert to manage stop-loss levels. If your stock trades below that price, your broker will automatically initiate a sell order for you.
As of October-end, the fiscal deficit stood at 102.4 percent of this target. To achieve the 3.3 percent target, nominal GDP has to grow at 12 percent of GDP, a tough ask given that GDP growth in Q2 came in at 6 percent
The trend for Nifty and Bank Nifty continues to be positive.
The lawsuit seeks civil penalties collectively ranging from $70 to $6,000 for each "Cra-Z-Jewelz" kit the companies sought to sell in New York.
The country added over 5,400 MW of wind energy capacity in 2016-17, beating its own target of 4,000 MW.
Disclosures under the second tax amnesty scheme (IDS-II), which closed last night, turned out to be a damp squib
Home linen major Welspun India Ltd (WIL) today said Cotton Egypt Association (CEA) has verified its quality and supply chain reliability processes while also announcing a pact to promote and market the African country's cotton products worldwide.
India‘s experience has reaffirmed the need for rules to contain fiscal deficits, because of the proclivity to spend during booms and undertake stimulus during downturns, the Survey notes.
Pegging the Sensex target at 29,000 for December-end 2017, global financial services major Bank of America Merrill Lynch (BofA-ML) said Indian equity markets should deliver positive returns in the year despite uncertainties created by demonetisation and GST.
The central government is expected to stick to its fiscal deficit target of 3.5 percent of GDP for 2016-17, despite lower-than-expected proceeds from disinvestment and spectrum auctions, according to an Standard Chartered report.
National Highways Authority of India (NHAI) is likely to miss the target for awarding and execution of road projects by a "wide margin", going by the progress so far, domestic rating agency Icra said today.