Page 31 - Tamil Nadu

Two electronics clusters worth Rs 1,112 cr to be set up in TN: Vaishnaw

Union Minister for Electronics and Information Technology Ashwini Vaishnaw on Saturday said two electronics manufacturing clusters worth Rs 1,112 crore, will be set up in Tamil Nadu. Speaking at the inauguration of Zetwerk Electronics' seventh manufacturing facility in Sriperumbudur, about 55 kms from here, Vaishnaw highlighted that the electronics industry has become the country's second largest export sector, surpassing several traditional industries in the past decade. The new facility, part of a Rs 1,000 crore investment, will produce electronic components for various sectors, including consumer durables and IT hardware, and will serve both domestic and international markets in the future. After unveiling the plaque to mark the inauguration of the Zetwerk electronics plant, Vaishnaw emphasised how the electronics industry had rapidly grown, overtaking several long-standing export industries in the last 10 years. Zetwerk Electronics co-founder, Rahul Sharma noted that the new pl

TN Budget: Fiscal deficit at 3% of GSDP in FY26; Hosur to be new GCC hub

Finance minister Thangam Thennarasu said that the state's revenue for the financial year 2025-26 is estimated at Rs 3,31,569 crore, while expenditure is estimated at Rs 3,73,204 crore

Foxconn chief-Rajaa drive, which went viral, may bring 'good news' to TN

Young Liu discussed critical minerals, storage plans, and improving the component ecosystem during the 45-minute drive with the minister

Ruckus over rupee diverted attention from Rs 1,000 cr kickbacks: Annamalai

Tamil Nadu BJP president K Annamalai on Friday claimed that the "ruckus over the rupee" was "artificially created" by the Tamil Nadu government to divert attention from the Rs 1,000 crore kickbacks identified by the Enforcement Directorate in the state-run liquor corporation, TASMAC. Annamalai made these remarks while attending an event at Jain (Deemed-to-Be) University in Jayanagar, Bengaluru. "BJP walked out of the Assembly todayour four MLAsfor the simple reason that the whole budget is an eyewash. There's nothing productive about it, considering the last four budgets of the Tamil Nadu government," said the BJP state president to PTI Videos. Annamalai said that the Tamil Nadu government is yet to "learn its lesson" from Thursday's fiasco. "We believe that the Assembly should have been prepared, and the CM should have addressed the TASMAC issue today, even during the budget session. The rot runs deep. That is why we walked out," added Annamalai. He also criticised the state ...

DMK's budget corrupt, for mere publicity: BJP's Annamalai slams TN govt

Annamalai's post on X was accompanied by a photo showing empty chairs, symbolising what he described as the lack of substance and accountability in the DMK's budget

BJP alleges Rs 1,000 cr liquor scam in Tamil Nadu, DMK denies wrongdoing

Malaviya claimed that the ED has unearthed documents revealing bribes worth Rs 1,000 crore and asked Stalin to reveal who received the illegal payments

Tamil Nadu govt presents Budget 2025-26 in Assembly, AIADMK stages walkout

Tamil Nadu Chief Minister M K Stalin-led DMK regime on Friday presented its Budget 2025-26 in the Assembly, a full-fledged exercise ahead of the state election next year, and made big allocations for its flagship welfare schemes which include the fare-free bus travel scheme for women. Noisy scenes were witnessed in the Assembly as the main opposition AIADMK walked out after attempting to raise alleged graft in state-run liquor corporation TASMAC as the Enforcement Directorate has held searches related to the state-owned company. Presenting the Budget, Finance Minister Thangam Thenarasu said women using fare-free bus services has risen to 65 per cent from 40 per cent. "On an average, 50 lakh women travel daily in the buses run by State Transport Undertakings, leading to a total of 642 crore trips so far. Notably, a study by the State Planning Commission revealed that women save an average of Rs 888 per month due to this initiative. For the year 2025-26, the government has allocated a

'Secessionist sentiments': FM Sitharaman slams DMK over ₹ symbol change

Finance Minister Nirmala Sitharaman slammed Tamil Nadu's move to replace the rupee symbol with a Tamil letter in the 2025-26 state Budget logo, calling it a threat to national unity

ED says it found unaccounted-for cash deals worth ₹1,000 cr in TASMAC ops

The Enforcement Directorate Thursday said it has found "multiple irregularities" in the operations of TASMAC that has monopoly over liquor trade in Tamil Nadu, including "manipulation" in the tender processes and "unaccounted" cash transactions worth Rs 1,000 crore through distillery companies. The federal agency claimed in a statement that it got "evidence" suggesting these corrupt practices after it raided the employees, corporate offices of distilleries and plants of the Tamil Nadu State Marketing Corporation Limited (TASMAC) on March 6. ED sources, on the day of the raids, had said the searches were also conducted against "key associates" linked to prohibition and excise department minister Senthil Balaji. The ED said it found "incriminating" data related to transfer postings, transport and bar licence tenders, indent orders "favouring" few distillery companies, excess charge of Rs 10-30 per bottle by TASMAC outlets, with the "involvement" of TASMAC officials, during the ...

Language dispute: Tamil Nadu drops rupee symbol from Budget logo

Chief Minister M K Stalin released the new logo on the X platform in a pre-Budget video

Tamil Nadu drops rupee symbol, Ranya Rao smuggling case, Pak train attack & more

Amid its tussle with the Centre over alleged Hindi imposition, the DMK-led Tamil Nadu government replaced the Devanagari rupee symbol (₹) with a Tamil letter for ‘ru,’ derived from ‘rubai.

War of words over National Education Policy: Stalin vs Modi govt

A war of words has erupted between the Tamil Nadu government and the Centre over the New Education Policy. In a recent rally, Tamil Nadu CM MK Stalin launched a scathing attack on the Centre.

Meet Udaya Kumar, DMK leader's son whose ₹ symbol is dropped by DMK govt

The rupee (₹) symbol was introduced less than 15 years ago, chosen from thousands of designs. Incidentally, the design that was selected was created by the son of a former DMK MLA

Tamil Nadu's Economic Survey: State eyes over 8% growth amid challenges

Tamil Nadu is projected to grow over 8% in 2024-25, driven by policy reforms, infrastructure development, and economic diversification

Tamil Nadu drops official rupee symbol from state Budget amid language row

This marks the first time a state has rejected the national currency symbol, taking Tamil Nadu's resistance to the NEP to a new level

BS Round Table: TN takes 'product nation' route on road to $1 trn economy

Industries minister TRB Rajaa bats for 'Making in Tamil Nadu for world', says state's manufacturing talent pool on a par with Japan

Business Standard Round Table: GCCs can help TN become $1 trn economy

Jaikumar Subramanian, partner at Deloitte India, said as the state aimed to treble the size of its economy in five years, it should focus on a closer collaboration of industry, academia, and startups

Understanding delimitation process and why Tamil Nadu opposes it | MK Stalin | Congress

Lately, Tamil Nadu Chief Minister MK Stalin and several opposition parties have been raising strong objections to delimitation. Their main concern?

Jaguar Land Rover shelves plan to build EVs at Tata's Tamil Nadu plant

The British luxury car unit was unable to find the right price-quality balance for locally sourced EV parts

BS round table: Reimagining Tamil Nadu's road to a knowledge economy

The event is being organised in Chennai, in collaboration with the State Planning Commission, and Guidance Tamil Nadu