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The Hindu
4 minutes ago
- The Hindu
PM to open Yellow Line of Namma Metro today
Prime Minister Narendra Modi will visit Bengaluru on Sunday to inaugurate the much-delayed Yellow Line of Namma Metro between R.V. Road Metro Station and Bommasandra Metro Station, apart from laying the foundation stone for Metro Phase III in the city. He will also flag off a Vande Bharat train between Bengaluru and Belagavi. The Prime Minister's visit comes two days after the Leader of the Opposition in the Lok Sabha Rahul Gandhi led a 'Vote Adhikar Rally' in Bengaluru, alleging widespread 'voter fraud' during the 2024 Lok Sabha elections. On the eve of the Prime Minister's visit to the city, Chief Minister Siddaramaiah on Saturday said the State's Law Department would hold an inquiry into the alleged 'voter fraud'. While the Bharatiya Janata Party, both at the Centre and in the State, has been countering these allegations, the Prime Minister is yet to respond on the issue. He will address a public function on the International Institute of Information Technology, Bangalore campus, Electronics City, on Sunday, where he will lay the foundation stone for Metro Phase III. Sources in the BJP said he may respond to the Congress' allegations during the speech. This visit comes at a time when the political scene in the State is hotting up and a nine-day Monsoon Session of the State legislature is set to commence from Monday. Mr. Modi's visit is expected to further add to the political heat. Meanwhile, both the Congress and BJP have been trying to take credit over Namma Metro in the city.
The Hindu
4 minutes ago
- The Hindu
Govt may roll out ₹2,250 crore export promotion mission soon: Official
The government is expected to soon announce support measures under the proposed ₹2,250 crore export promotion mission to help insulate industry from global trade uncertainties arising from Trump tariffs, an official said. "We are in dialogue with exporters to see how we can support them best in different ways, like ease of doing business. We are looking at how to give a boost to domestic consumption. We are looking at new supply chains, which we can capture, new markets, and new products," the official said. The mission may include components, such as easy credit schemes for MSME and e-commerce exporters, facilitation of overseas warehousing, and global branding initiatives to tap emerging export opportunities. The government on February 1 announced the setting up of the mission with an outlay of ₹2,250 crore. The Directorate General of Foreign Trade (DGFT) has already made a presentation on the mission to the representatives of export promotion councils and other key stakeholders on April 30. According to industry officials, the mission is divided into two broad categories - Providing Trade Finance Support (NIRYAT PROTSAHAN) and Driving International Holistic Market Access (NIRYAT DISHA) Initiative. Sources have earlier stated that the GST Council is likely to meet soon to discuss rate simplification and rationalisation, and the future of the compensation cess. It will help boost domestic consumption. The commerce ministry, in the past few days, held a series of stakeholder meetings to understand the challenges which they are facing due to high U.S. tariffs on Indian goods. US President Donald Trump has announced 50% tariffs on India. Sectors like textiles, chemicals, leather and footwear are expected to be hit hard by these duties. India's exports remained flat at $35.14 billion in June due to global economic uncertainties, while the trade deficit narrowed to a four-month low of $18.78 billion during the month. Key export sectors, including petroleum, fabrics, gems and jewellery, leather, iron ore, oil seeds, cashew, spices, tobacco, and coffee, recorded negative growth during June. During April-June 2025-26, exports increased 1.92% to $112.17 billion, while imports rose 4.24%nt to $179.44 billion.
Mint
4 minutes ago
- Mint
PM Modi's Bengaluru visit: Trains cancelled in KSR Bengaluru area
Prime Minister Narendra Modi is all set to flag off the Bengaluru-Belagavi Vande Bharat Express at KSR Bengaluru City station on August 10, which is expected to improve train travel between Karnataka's capital and the northern region of the state. However, citing 'heavy congestion' in KSR Bengaluru area, South Western Railway has cancelled several train services. Among the trains being cancelled include 66551 KSR Bengaluru-Ashokapuram, 66552 Ashokapuram-KSR Bengaluru, 66567 KSR Bengaluru-Tumakuru, 66572 Tumakuru-KSR Bengaluru, 06581 KSR Bengaluru-Channapatna and 06582 Channapatna-KSR Bengaluru. The partial cancellation of these trains were also announced: 66512 Marikuppam-KSR Bengaluru will be partially cancelled between Bengaluru Cant-KSR Bengaluru and will be short terminated at Bengaluru Cant. Here the tweet with all details. The Bengaluru-Belagavi Vande Bharat Express is long-awaited and would fulfil a long-pending demand from people in northern Karnataka. PM Modi is also going to launch the much-anticipated and long-overdue Yellow Line of the Namma Metro in Bengaluru from RV Road (Ragigudda) to Bommasandra of Bangalore Metro Phase-2 project, having a route length of over 19 km with 16 stations worth around ₹ 7,160 crore. He will also lay the foundation stone of the Bangalore Metro Phase-3 project worth over ₹ 15,610 crore. Earlier on 5 August, Union Minister Pralhad Joshi made an announcement, confirming PM Modi will inaugurate two other Vande Bharat trains the same day — Ajni (Nagpur)–Pune and Amritsar–Shri Mata Vaishno Devi Katra routes. Timing: The Bengaluru-Belagavi Vande Bharat Express will be managed by South Western Railways and is scheduled to leave KSR Bengaluru City station on August 10 at 2.20 pm. It is expected to reach Belagavi at 10.40 pm. For the return journey, the Vande Bharat Express will depart Belagavi at 5.20 am and reach Bengaluru by 1.50 pm. Weekly schedule: The Bengaluru-Belagavi Vande Bharat Express will officially commence regular runs on 11 August, and operate six days a week. It will not play on Wednesdays. Fares: The railways have set the fare at ₹ 2,905 in the executive chair car when catering services are included, or ₹ 2,535 without food. Those opting for the regular AC chair car will have to pay ₹ 1,575 with meals and ₹ 1,264 without meals. These prices include all applicable taxes for the 611-kilometre journey.
