Rituraj Baruah
Senior Correspondent at Mint
Special Correspondent with @livemint Previously with Inc42, Indo-Asian News Service and Cogencis Information Services
Articles
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1 week ago |
htsyndication.com | Subhash Narayan |Rituraj Baruah
New Delhi, May 28 -- State-run manufacturing major BEML Ltd is working on developing light-infantry vehicles for combat, reconnaissance, and patrol as it expects procurement of launch platforms for missiles, including the Brahmos, to rise, said its chairman and managing director, Shantanu Roy, in an interview.
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1 week ago |
livemint.com | Gireesh Chandra Prasad |Rituraj Baruah
New Delhi: A company court has allowed the central government to attach the bank accounts and lockers of Gensol Engineering Ltd, its 10 subsidiaries and several individuals after investigations by multiple agencies and regulators revealed systemic fraud.
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1 week ago |
livemint.com | Rituraj Baruah
New Delhi: Power demand is expected to grow 5-5.5% in the current fiscal year, according to estimates by Icra Ltd. Although this is higher than the 4.2% growth last fiscal (FY25), it would be slower than the 7-9% growth seen in FY 2022-24. The projected growth is lower than expected GDP growth for this fiscal year at 6.5%. Analysts suggest that had the country not seen an early onset of the monsoon, the power demand would have been much closer to the GDP growth rate.
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1 week ago |
livemint.com | Rituraj Baruah |Vijay C Roy |Gireesh Chandra Prasad
The cabinet backed a significant hike in the minimum support price (MSP) for pigeon pea, or tur, by ₹450 to ₹8,000 per quintal, alongside increases for other staples like paddy and moong. The decisions, which follow recent farmers' protests near the capital, also come ahead of a slew of assembly elections slated for this year and early next year. Apart from paddy, the main kharif crop, others to get MSP hikes include moong, urad and cotton.
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1 week ago |
livemint.com | Subhash Narayan |Rituraj Baruah
The listed firm, formerly known as Bharat Earth Movers Ltd, is also expecting more orders for high-mobility vehicles to carry heavy equipment and armoured recovery vehicles in the wake of the India-Pakistan conflict. The public sector undertaking plans to roll out India's first long-distance, semi-high-speed trains (Vande Bharat) in a sleeper coach configuration and bullet trains by December 2026, added Roy.
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