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Time of India
27-07-2025
- Business
- Time of India
Maintaining sustained eco growth govt's top priority: FM Nirmala Sitharaman
NEW DELHI: Finance minister Nirmala Sitharaman on Saturday said that sustaining economic growth remains the top priority for the government, along with providing the necessary support to the economy. At a book launch event, the minister said multilateral bodies were facing challenges and India needed to not just be part of the discussions to rework the international architecture for the next century but also be the voice of the Global South. She said the government had prioritised public investment over the last few years with Prime Minister Narendra Modi himself pushing her ministry to step up capex every year. "I believe, based on data before me, that it (investment) is one of the primary drivers of sustained economic growth. It can be higher but the level at which we have maintained investment is largely on the back of public capital expenditure. We can make sure policy on FDI is friendly and attractive enough to get more investment into India. Third, I can see states also competing to attract investments and each is doing very best," Sitharaman said. The minister, however, indicated that companies may be sitting on large investible funds. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Your Finger Shape Says a Lot About Your Personality, Read Now Tips and Tricks Undo "Is Indian private sector growing in pace with the government investment? Since 2019 once the twin balance sheet problem was addressed and corporate tax was brought down, we can see that the balance sheets of the private sector are healthier. But today, are they sitting on passive investible funds. That's an issue on which I would want industry to speak," she said. Asked about calls for easing restrictions on Chinese investments and business, Sitharaman sounded a note of caution. "Post-Covid and post-Galwan, for all (land) bordering countries, we had come up with 'Press Note 3' because we didn't want big business happening with them. In some renewable energy areas, where the entire project was done by, say China, and there were difficulties in getting technical experts to travel to India, that to some extent was relaxed. During the US-China tariff war there was a lull," she said.
United News of India
24-04-2025
- Politics
- United News of India
Delhi court issues non-bailable warrant against Medha Patekar
New Delhi, Apr 23 (UNI) A Delhi Court on Wednesday issued a non bailable warrant against Medha Patkar for infringing the court order by not furnishing the one-year probation bond and also not depositing the fine of Rs 1 lakh in a defamation case filed by Delhi Lieutenant Govenor Vinay Kumar Saxena. Additional Sessions Judge (ASJ) Vishal Singh said, "Instead of appearing before the Court and to comply with the order on sentence dated 08/04/2025, the convict is absent and deliberately failed to comply with the order on sentence and to avail of the benefit of probation subject to furnishing of the compensation amount". The court further said, "The intention of convict Medha Patkar is apparent that she is deliberately violating the Court order; she is avoiding to appear before the Court and also avoiding to accept the terms of sentence passed against her. There is no order of suspension of sentence passed by this Court on 08/04/2025". "The Court is left with no option than to enforce the production of convict Medha Patkar through coercive order. Issue NBWs against convict Medha Patkar, through office of Commissioner of Police, Delhi Police, for next date," the court said. It asked for report regarding the serving of the warrant on May 3, the next date of hearing. The court said, "On the next date, if the convict fails to comply with the terms of order on sentence dated 08/04/2025, the Court will be constrained to reconsider the benevolent sentence and will have to alter the order on sentence". An application was filed on behalf of Medha Patkar for adjournment of the case in view of pendency of criminal revision petition filed before the High Court, but the judge dismissed the prayer. The court said, "The application has no substance; there is no direction in order dated 22/04/2025 of Hon'ble High Court that convict Medha Patkar is not required to comply with order on sentence dated 08/04/2025 passed by this Court. The present application is frivolous and mischievous and is only calculated to hoodwink the Court. The present application is, therefore, dismissed". On the previous date of hearing, the court said that the evidence proved beyond reasonable doubt that Medha Patkar published the Press Note dated November 24, 2000, carrying imputations on Saxena's character with intent to harm or having reason to believe that the imputations will harm his reputation. The Judicial Magistrate First Class(JMFC) convicted Patekar in May 2024 and pronounced a five-month imprisonment and a fine of Rs 10 lakh on July 1, 2024, for defaming Saxena. In default of payment of fine, Patekar was ordered to undergo further simple imprisonment of three months. The court rejected her request for release on probation of good conduct. Patekar had filed an appeal against the fine and imprisonment order before the Sessions Court UNI XC SSP
