Capex push stays despite fiscal stress: Govt to retain Rs 12.22 lakh crore spend amid global uncertainty

The government will continue with its planned capital expenditure of Rs 12.22 lakh crore in the current fiscal to sustain growth momentum despite rising fiscal stress linked to the ongoing Middle East conflict, a senior finance ministry official said on Friday, reported PTI.Expenditure Secretary V Vualnam said capital spending would remain a priority even as…

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‘Wrongfully targeted’: Zohran Mamdani meets Mustapha Kharbouch falsely accused of Brown University shooting; vows to combat Islamophobia

NEW DELHI: New York Mayor-elect Zohran Mamdani on Wednesday met Mustapha Kharbouch, a Palestinian student at Brown University who was falsely accused online of carrying out a deadly campus shooting. US authorities said that misinformation and doxxing seriously complicated the investigation and put an innocent student at risk. ‘CITY THAT DEVOURS MAYORS’: Zohran Mamdani Faces…

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Sebi board to consider easing FPI settlement norms, intermediary rule changes at Monday meet

The Securities and Exchange Board of India (Sebi) board will meet on Monday to deliberate on a wide-ranging agenda that includes a proposal to ease fund settlement norms for foreign portfolio investors (FPIs) and changes to regulatory frameworks governing market intermediaries, people familiar with the matter told news agency PTI.A key proposal before the board…

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Is Tamil Nadu headed for a Shiv Sena-like drama?

NEW DELHI: Do fractured mandates fracture parties? The crack in AIADMK in Tamil Nadu, much like the splits in Shiv Sena in Maharashtra, suggests they often do.In June 2022, Eknath Shinde led a rebellion in Shiv Sena and took away two-thirds of the party’s MLAs, toppling the Maha Vikas Aghadi government. The coup vertically split…

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