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The massive outlay for capital expenditure in the union budget is the boldest and most timely step taken by the government to ensure a speedy economic recovery. It will address the issue of unemployment and loss of individual income which plagued the economy through the two pandemic-hit years. The government must ensure that the proposed projects and the on-going programmes maintain their time and cost schedules. Never before did the country experience such large investment programmes in highly job-oriented projects around a whole lot of fields. The outlay has been jacked up by 35.4 per cent from Rs. 5.54 lakh crore in this fiscal to Rs.7.50 lakh crore in 2022-23. Union Finance and Corporate Affairs Minister Nirmala Sitharaman and the entire government machinery deserve kudos for putting the efforts together to make it happen.

Chennai: Multiple National champion Rajini (RACR Castrol Power Ultimate Racing), needs only four points from the double-header to seal the title in the premier Pro-Stock 301-400cc category at Indian National Motorcycle Racing Championship to be will be held at the MMRT over three days from Thursday.

New Delhi: Ace hockey goalkeeper PR Sreejesh has won the World Games Athlete of the Year 2021 Award.

New Delhi: India commenced their debut campaign in the FIH Women’s Hockey Pro League with a emphatic 7 – 1 win over China in the Sultan Qaboos Complex in Muscat, Oman.

Pune: Yuki Bhambri gave Indian campaign a big boost as he chalked out registered a dramatic come-from-behind win over Jozef Kovalik (Slovakia ) in the opening round of the Tata Open Maharashtra at the Balewadi Stadium here on Monday.

The first day of Parliament’s Budget Session and our Pradhan Sevak Narendra Modi fervently wished the session will see serious and "engaging" discussions on vital issues. Does that mean Modi, the favourite politician and Prime Minister of opinion polls, will allow a “serious” discussion, engaging it cannot be, on Pegasus that flew in with many billion dollars’ worth of Israeli missiles?

Finance Minister Nirmala Sitaraman is in an unenvious position as she gives finishing touches to general budget 2022 to be presented to Parliament on February one because there appears to be no easy solutions to manifold conflicting issues. At this juncture reigning in on macro-economic fundamentals are equally important as efforts to kick-start the economy with visible signs of growth revival after the covid pandemic.

The financial year 2022-23 will be bringing hardship to the people of India, as it has been revealed in the data released by the Economic Survey 2021-22 tabled in the Parliament of India on January 31. Indian economy is expected to witness a 9.2 per cent of growth in the GDP for the current fiscal which has been projected to grow at the rate of 8-8.5 per cent in the fiscal 2022-23.

High global oil and gas prices seem to have put the government in a fix as it is unable to pass on the increasing import price burden immediately on the country’s retail consumers mainly due to the crucial assembly election in Uttar Pradesh, the country’s largest state having over 150 million registered voters this time. It is unlikely that the government will allow higher retail petrol prices before March 7, the last day of the UP assembly election. Four other Indian states — Punjab, Uttarakhand, Goa and Manipur — are also going into assembly election between February 10 and March 7.

India’s Economic Survey 2022 presented in Parliament on Monday somewhat lacks credibility when it comes to the GDP growth forecast of 8.0-8.5 for the coming financial year with certain riders. The projection is based on the assumption “that there will be no further debilitating pandemic related economic disruption, monsoon will be normal, withdrawal of global liquidity by major central banks will be broadly orderly, oil prices will be in the range of US$70-$75/bbl, and global supply chain disruptions will steadily ease over the course of the year.”