PLI scheme only kickstarter not permanent: Piyush Goyal

Commerce Minister Piyush Goyal emphasizes that the PLI scheme for drone components is meant to kickstart the sector, not provide permanent subsidies. He encouraged industry to focus on growth without depending on government support. Goyal highlighted India's stock market boom and global trade engagement.

from News-Economic Times https://ift.tt/sc6Pox8

Read More

Army shouldn't be involved in politics: Former IAF chief RKS Bhadauria slams Rahul Gandhi

Former Indian Air Force chief and BJP leader RKS Bhadauria criticised Congress leader Rahul Gandhi for questioning the Agniveer scheme and demanded an apology for accusing Defence Minister Rajnath Singh of lying about compensation to the family of Agniveer Ajay Kumar. The Indian Army clarified that Ajay's family has received Rs 98.39 lakh of the due compensation and will receive a total of Rs 1.65 crore. Bhadauria defended the scheme's training quality and urged youth to join without being misled.

from News-Economic Times https://ift.tt/8AW59Sw

Read More

IPs spend significant time on issues related to statutory authorities during IBC process: Survey

Insolvency professionals face challenges with statutory authorities and enforcement agencies during the resolution process, as per a survey by IIIPI. Issues include initiation of proceedings against Corporate Debtors during moratorium, and notices for matters pre-CIRP. IPs spend up to 25 per cent of the IBC process timeline on these matters. IIIPI Chairman Ashok Haldia noted difficulties in responding to authorities when records are missing or only past management is accountable.

from News-Economic Times https://ift.tt/xnIpGX0

Read More

Cristiano Ronaldo Retirement: Portugal star drops major hint after win against Slovenia in Euro Cup 2024

Is a Cristiano Ronaldo retirement on the cards? The question may come in as a shock for soccer fans globally after Portugal's win against Slovenia by penalty shootout, during the round of 16 matchup of Euro Cup 2024. The Portugal striker left everybody stunned with a statement around his future plans after Portugal emerged victorious in the game.

from News-Economic Times https://ift.tt/JRgTtMK

Read More

ET Market Watch: Sensex and Nifty end with minor declines, selling pressure in banks, auto & FMCG

from Stocks-Markets-Economic Times https://ift.tt/uRNzgGm

Read More

Uttar Pradesh CM Yogi Adityanath slams Rahul Gandhi over 'not Hindus' remark

Uttar Pradesh Chief Minister Yogi Adityanath demanded an apology from Congress leader Rahul Gandhi for allegedly hurting Hindus and the "soul of Mother India." Adityanath criticised Gandhi for defaming UP and Ayodhya, calling his statements shameful and condemnable. Gandhi defended his remarks during a fiery speech in Parliament, emphasizing that Hinduism is not about spreading fear and hatred.

from News-Economic Times https://ift.tt/fLng0ak

Read More

High turnout as France votes in election that could usher in far right

President Emmanuel Macron stunned the country when he called the vote after his centrist alliance was crushed in European elections this month by Marine Le Pen's National Rally (RN). Her eurosceptic, anti-immigrant party was a longtime pariah but is now closer to power than it has ever been. Polls opened at 0600 GMT and will close at 1600 GMT in small towns and cities, with an 1800 GMT finish in the bigger cities, when the first exit polls for the night and seat projections for the decisive second round a week later are expected.

from News-Economic Times https://ift.tt/I8FEzpY

Read More