With the war in Ukraine, world is grappling with economic uncertainty, but India finds itself in a sweet spot at the World Economic Forum in Davos

WEF 2022: India sells stability, growth, and dynamism at Davos

Suzuki Motor Corporation and Maruti Suzuki India Ltd on Wednesday announced a proposal to set up Osamu Suzuki Centre of Excellence in India in honour of late Osamu Suzuki, the former chairman of the Japanese small car major.
The Osamu Suzuki Centre of Excellence (OSCOE) is proposed to be located in Gujarat and Haryana, and will work towards supporting the national objective of high manufacturing growth and raising the standard of component manufacturers (across tier-1, 2 & 3) to make supply chains of the country globally competitive, Maruti Suzuki India said in statement.
It will also work to build infrastructure and develop programmes in collaboration with academia and others to propagate Japanese manufacturing philosophy, the statement added.
"The programme would include, but not limited to formal teaching, lectures, discussions, seminars etc. Importantly, the efforts of OSCOE would go beyond the automotive sector to other areas of manufacturing," it added.
The announcement to ..

The Osamu Suzuki Centre of Excellence (OSCOE) is proposed to be located in Gujarat and Haryana, and will work towards supporting the national objective of high manufacturing growth

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Karnataka Chief Minister Siddaramaiah on Wednesday said more than 40 Kannadigas who had gone on a trip to Kashmir are stranded due to the terrorist attack, and that he instructed the authorities to arrange a special flight to bring all of them safely back to the state.
He also spoke to the families of those killed in the terrorist attack over the phone and expressed his condolences.
Two people from Karnataka are among those who were killed in the terror attack at Pahalgam in Jammu and Kashmir on Tuesday.
The CM spoke to Pallavi, wife of Manjunath Rao of Shivamogga, and Sujatha, wife of Bharat Bhushan of Mathikere in Bengaluru, and expressed his condolences, his office said in a statement.
Bharath Bhushan was shot dead by the terrorists while his wife Sujatha and their three-year-old son were spared. While Manjunath Rao, a realtor, was also killed in the presence of his wife and son.
Bodies of the deceased accompanied by their family members are scheduled to be brought back later i

He also spoke to the families of those killed in the terrorist attack over the phone and expressed his condolences

Bangalore Metro Rail Corporation Limited (BMRCL) on Wednesday announced that passengers found consuming chewable tobacco-based products within metro premises and trains will be fined.
For this, the BMRCL will strengthen its patrolling efforts during non-peak hours, it said.
According to the BMRCL, this step has been taken in an effort to address public grievances about passengers using chewable tobacco-based products and to avoid consequent spitting and littering within metro premises and trains.
Since possession of such substances cannot be detected through metal detectors, BMRCL said it has decided to implement random physical pat-down checks at all metro stations.
"While platform security guards will be sensitised to look out for such passengers, the central security surveillance room has already been instructed to monitor passenger behaviour and alert the concerned platform security staff immediately upon noticing any violations. Enhanced surveillance will now be carried out on

BMRCL has taken this step to address public complaints about passengers using chewable tobacco products, aiming to prevent spitting and littering inside metro premises and trains

The Mumbai Metropolitan Region Development Authority (MMRDA) on Friday presented a Rs 40,187 crore-budget for the megapolis.
Infrastructure spends across projects have been pegged at Rs 35,151 crore or 87 per cent of the overall expenditure, as per an official statement. The revenues have been estimated at Rs 36,939 crore, and the body chaired by Deputy Chief Minister Eknath Shinde will be borrowing Rs 22,000 crore.
This will result in a budget deficit of Rs 3,249 crore, which the body plans to bridge through land sales, issuance of bonds, financial assistance from the government, and loans from financial institutions, the statement said.
The ongoing metro line projects have been earmarked Rs 10,969 crore of expenditure in the new fiscal, which is a fourth of the overall expenditure..
Over Rs 5,697 crore have been allotted for multiple tunnel projects which are going across the megapolis, with Rs 2,684 crore earmarked for the four-lane road running under the Sanjay Gandhi National 

Infrastructure spends across projects have been pegged at Rs 35,151 crore or 87 per cent of the overall expenditure, as per an official statement

The Rajya Sabha on Thursday returned the Finance Bill 2025 to the Lok Sabha, along with 35 government amendments, including one that abolishes a 6 per cent digital tax on online advertisements, thus completing the 2025-26 budgetary exercise that started on February 1.
The House also returned the Appropriation Bill (3) with a voice vote.
Earlier in the day, Finance Minister Nirmala Sitharaman had moved the two bills in the House.
The Lok Sabha had passed the Finance Bill on March 25 and passed the Appropriation Bill on March 21.
Replying to the debate later in the evening, she said the tendency of the finance ministry would be to exercise caution and not let go of revenues.
"But, here we wanted to use this opportunity to show our respect for Indian taxpayer. We have moved towards setting Rs 12 lakh as threshold up to which no one will have to pay any tax," Sitharaman said.
The Union Budget 2025-26 envisages a total expenditure of Rs 50.65 lakh crore, an increase of 7.4 per cent ov

The Union Budget 2025-26 envisages a total expenditure of Rs 50.65 trillion, an increase of 7.4 per cent over the current fiscal

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WEF 2022: India sells stability, growth, and dynamism at Davos

With the war in Ukraine, world is grappling with economic uncertainty, but India finds itself in a sweet spot at the World Economic Forum in Davos

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