Mumbai, Jan 28 (IANS) Engineering and construction major Larsen & Toubro (L&T) on Wednesday reported a 4 per cent decline in its consolidated net profit to Rs 3,215 crore for the quarter ended December 31, 2025, (Q3 FY26) mainly due to a one-time exceptional expense linked to new labour laws, even as revenue and order inflows remained strong.The company said it made a one-time material provision of Rs 1,191 crore, net of tax and non-controlling interest, towards employee benefits arising…
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Washington, Jan 15 (IANS) The United States’ decision to place Gaza under a technocratic Palestinian administration and move toward reconstruction could create future opportunities for Indian companies in the civilian sector, even as officials stressed that rebuilding will only begin after security and governance conditions stabilise.Senior US administration officials on Wednesday (local time) outlined phase two of President Donald Trump’s Gaza plan, which establishes the National Committee …
Jaipur, Jan 12 (IANS) Rajasthan Chief Minister Bhajan Lal Sharma on Monday said youth participation is crucial to realising the vision of a “Developed Rajasthan”, asserting that India is a young nation and its youth form the foundation of both the country and the state.Addressing students from various educational institutions during a pre-budget dialogue at the Chief Minister’s residence, Sharma said the dream of a Developed India and a Developed Rajasthan can be achieved through the energy and …
New Delhi, Jan 4 (IANS) Prime Minister Narendra Modi’s personal intervention to resolve issues stalling the progress of big ticket infrastructure projects in the country has played a key role in speeding up economic development in the country.The PRAGATI initiative (Pro-Active Governance and Timely Implementation) has played a decisive role in ensuring the timely completion of mega projects such as the Pune Metro Rail, the doubling of the Bhubaneswar-Puri rail line, Lumding-Silchar Broad Gauge…
Mumbai, Jan 3 (IANS) Maharashtra Chief Minister Devendra Fadnavis on Saturday reiterated that the Mayor of Mumbai will be from the MahaYuti alliance and will be “both Hindu and Marathi.” While directly challenging the Uddhav-Raj Thackeray “brotherhood” alliance, Fadnavis, by promising a Marathi-Hindu Mayor, attempted to neutralise the emotional appeal of the Shiv Sena (UBT) and MNS while keeping the BJP’s core Hindutva voters aligned. He dismissed the idea of the “Thackeray brand,” stating that …
New Delhi, Jan 2 (IANS) Cabinet Secretary T.V. Somanathan on Friday said that Prime Minister Narendra Modi’s flagship platform for Pro-Active Governance and Timely Implementation (PRAGATI) system has accelerated the implementation of mega projects and key welfare schemes.The Cabinet Secretary highlighted the structured Project and Issue Escalation Mechanism under the PRAGATI-led ecosystem, which enables systematic monitoring and resolution of issues across multiple levels and state governments…
Chennai, Dec 31 (IANS) The Tamil Nadu Cabinet will meet on January 6 at the Secretariat in Chennai under the chairmanship of Chief Minister M.K. Stalin, ahead of the commencement of the State Legislative Assembly session scheduled to begin on January 20.The meeting is expected to play a crucial role in shaping the government’s legislative agenda and policy direction for the upcoming session.A major focus of the Cabinet meeting will be the preparation of the Governor’s address, which traditiona…