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Modi thanks Zelensky for extending help to evacuate Indians from Ukraine

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 In a phone call on Monday, Prime Minister Narendra Modithanked Ukrainian President Volodymyr Zelensky for extending support in the evacuation of Indian nationals from the war-torn nation, government sources here said.

“During the 35 minute-long telephonic conversation, the two leaders discussed the evolving situation in Ukraine and Prime Minister Modi thanked President Zelensky for the help extended by the government of Ukraine in evacuation of Indian nationals from Ukraine,” the sources said.

This was Modi’s second interaction with the Ukrainian leader since Russia began its military assault on Kiev on February 24.

The first conversation took place on February 26.

The Prime Minister is also likely to speak to Russian President Vladimir Putin on Monday during which he will to seek the latter’s support for a safe passage to evacuate Indian nationals, mostly students, currently stranded in the Ukrainian cities of Sumy, Odessa, Kharkiv and Mariupo, said the sources.

This will also be Modi and Putin’s second conversation since the onset of the war. They earlier spoke on the evening of March 3.

Meanwhile, India has continued sending relief material to the war-torn nation as part of humanitarian assistance via Indian Air Force (IAF) aircraft which are deployed for the evacuations of stranded Indians.

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Private Corporate Investment To Cross From ₹2.2 To ₹2.67 Lakh Crore In 2025–26 Aided By RBI’s 100-Basis-Point Rate Cut

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Mumbai: Private corporate investment is expected to cross Rs 2.67 lakh crore in 2025–26 from Rs 2.2 lakh crore in 20254-25, aided by robust macroeconomic fundamentals, improved balance sheets, rising capacity utilisation, easy liquidity conditions, infrastructure push, and the 100-basis points policy rate cut starting from February 2025, according to the RBI’s latest monthly bulletin. Private corporate investment remained as one of the vital contributors to India’s long-term growth trajectory.

After a period of subdued activity during the pandemic years, the investment cycle is being rejuvenated by a confluence of supportive factors.In 2024–25, the macroeconomic backdrop is characterised by robust GDP growth, sustained disinflation, and a consequent conducive monetary policy stance, the article states.

Over the past few years, Indian corporates have undergone a phase of balance sheet repair, aided by deleveraging, improved cash flows, and strong profitability across several sectors.

The banking sector’s improved asset quality and abundant liquidity have further enhanced the credit environment, translating into easier access to financing for capacity expansion.Recent trends in high-frequency indicators — such as rising imports of capital goods, improved capacity utilisation, and increased flows in corporate bond markets — signal renewed investment appetite among firms.

Additionally, sector-specific policies, such as the Production-Linked Incentive (PLI) schemes, energy transition investments, and digital infrastructure expansion, are incentivising corporates to undertake fresh investments.The domestic economy continues to demonstrate resilience, with real GDP growth of 6.5 per cent in 2024–25, making India the fastest-growing major economy, underpinned by robust domestic demand, and steady progress on public infrastructure investments.

Investment in green field (new) projects accounted for the lion share of about 92 per cent in the total cost of projects financed by banks and financial institutions during 2024-25, in line with the trend seen in the past.

Greenfield investment generally brings new and additional resources and assets to the firms and leads to gross fixed capital formation (GFCF).Higher investment in green filed projects thus points to likely capacity expansion by private corporates going forward, according to the article.

The industry-wise distribution of projects sanctioned during 2024-25 indicates that the infrastructure sector remained the major sector accounting for 50.6 per cent share in the total cost of projects, primarily driven by investment in ‘Power’, followed by ‘Road & bridges’.Beside infrastructure, among the other major industries, chemicals and pesticides, construction, electrical equipment, and metal & metal products also accounted for the sizable share in the total cost of projects.

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Kolkata Police arrest 3 for vandalism at Bengal Congress headquarters

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Kolkata, Aug 30: Kolkata Police on Saturday arrested three persons in connection with the attack on the West Bengal Congress headquarters in the city.

At the same time, the police have started a search for BJP leader Rakesh Singh, who is accused of masterminding the attack at Bidhan Bhawan. Police said the arrests have been made based on an FIR lodged by the Congress on Friday against the attack and defacing of posters of party leaders Rahul Gandhi and others.

“Three persons were arrested. Search is on for others, including Rakesh Singh, against whom the FIR was lodged,” said a senior officer of Kolkata Police.

A case has also been registered against the accused persons under the Arms Act. Sources said over 20 people have been named in the police complaint lodged at Entally Police Station in Central Kolkata.

After registering an FIR, police went to the house of Rakesh Singh on Friday night, but the BJP leader was not at his house.

On Friday, a group of BJP workers led by its leader Rakesh Singh went on a rampage at the state Congress headquarters at CIT Road in central Kolkata, burning party flags and defacing posters of party leaders Rahul Gandhi and others to mark their protest against alleged abuses hurled at Prime Minister Narendra Modi during Rahul Gandhi’s ‘Voter Adhikar Yatra’ in Bihar.

The workers at first protested outside the West Bengal Pradesh Congress Committee (WBPCC) office ‘Bidhan Bhawan’ in central Kolkata, then they burnt Congress party flags and tyres. Thereafter, they went inside the party office premises, tore up posters and banners and defaced photographs of senior party leaders.

Following the incident, Congress party’s West Bengal unit President Subhankar Sarkar demanded the immediate arrest of those who were involved in the attack. Led by him, Congress workers also put up a road blockade at Moulali crossing to mark their protest against the vandalism.

The BJP has been criticising senior Congress leader Rahul Gandhi, after a purported video showed an unidentified person using a Hindi expletive against Prime Minister Narendra Modi and his mother from a dais during the Voter Adhikar Yatra in Darbhanga town of Bihar, from where Gandhi, Congress general secretary Priyanka Vadra and RJD leader Tejashwi Yadav had left for Muzaffarpur on motorcycles on Wednesday.

The Bihar Police on Friday arrested the person who allegedly used abusive language against the PM.

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Jammu floods: Private water tankers to remain at disposal of Jal Shakti Dept

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Jammu, Aug 30: District Magistrate (DM) in J&K’s Jammu district on Saturday ordered all private water tankers to remain at the disposal of the Jal Shakti Department in the wake of the situation arising out of floods.

An order issued by DM Jammu said that floods in Jammu district have disrupted the potable water supply system, and the concerned agencies are working for the quick restoration of the potable water supply.

The order said that it has been observed that private water tankers are operating in an unregulated manner, leading to arbitrary pricing, unequal access, and potential distribution of unsafe water, thereby endangering public health, hygiene, and safety.

“All private water tankers operating within the territorial jurisdiction of District Jammu are restrained from independently supplying or selling water to any household/commercial establishment, with immediate effect,” it said.

The order pointed out that all such private water tankers are requisitioned by the district administration, Jammu, and placed at the disposal of the Jal Shakti (PHE) department, Jammu, for regulated and equitable water distribution.

It further said that all private borewells drilled in District Jammu for filling of tankers are hereby requisitioned by the District Administration, Jammu, and placed at the disposal of the Jal Shakti (PHE) department, Jammu, with immediate effect.

The order directed that all the SDMs are further directed to identify within their respective jurisdictions individuals/establishments running private tankers and to immediately hand over the same to the Jal Shakti (PHE) department, Jammu.

There is a general crisis of safe drinking water in Jammu district after the recent floods, as most safe water supply sources have become muddy and unsafe.

Ten people have been killed and three have gone missing in the landslide and cloudburst that hit Jammu and Kashmir’s Reasi and Ramban districts overnight.

State government officials said that seven people died in a landslide that flattened a residential house in the Mahore area of Reasi district on Friday night.

The officials said that the incident occurred after intense overnight showers lashed the area.

Three people died overnight in a cloudburst incident in the Rajgarh area of Ramban in the Jammu division.

According to the administration, many houses were damaged in the incident, with some completely washed away by the force of the floodwaters.

The latest disaster added to a series of destructive events in Jammu and Kashmir this month, where heavy rain, flash floods, and landslides have already taken a heavy toll.

Several districts in the Jammu region have witnessed large-scale devastation, with official reports confirming that more than 46 people have died so far in rain-related incidents.

In Reasi and Doda districts alone, at least 16 people have been killed as heavy rainfall triggered multiple landslides, swollen rivers, and flood-like conditions that engulfed many villages.

Over the past week, districts, including Jammu, Samba, and Kathua, have also faced severe damage to property and infrastructure.

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