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Thursday, Jul 25, 2024
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‘Glad Nirmala Sitharaman read Congress manifesto’: Congress on Budget 2024
July 23, 2024 13:24 IST
In the Union Budget 2024, Nirmala Sitharaman announced a special package for Andhra Pradesh.
Full text of Nirmala Sitharaman’s budget 2024 speech
July 23, 2024 13:12 IST
Budget 2024 Speech Full Text: In her speech, Sitharaman outlined the Modi 3.0's roadmap for transforming India into 'Viksit Bharat' by 2047. The Union Budget 2024 is the first major economic document of the Modi 3.0 government.
Union Budget 2024: In relief for start-up investors, Centre to abolish angel tax
July 24, 2024 03:30 IST
‘Angel tax’, at 30.9 per cent, refers to income tax imposed on funding raised by an unlisted company when its shares are issued to an investor at a price higher than its fair market value.
Govt looks to boost e-commerce exports, will set up PPP hubs along lines of Southeast Asian countries
July 24, 2024 01:54 IST
The step comes at a time when Indian goods exports are facing several disruptions due to external shocks emanating from the Russia-Ukraine war, the Red Sea crisis and container shortages due to growing trade tensions between US and China.
Budget 2024: What gets cheaper, what gets costlier?
July 23, 2024 19:17 IST
Govt proposed to reduce the Customs Duty on mobile phones, mobile PCBA, & mobile chargers to 15%.
Budget’s big MSME push: New credit rating mechanism for smaller units; Mudra loan limit hiked
July 24, 2024 02:05 IST
Sitharaman also proposed to increase the limit of Mudra loans from Rs 10 lakh to Rs 20 lakh and introduce a credit guarantee scheme for purchase of machinery and equipment without collateral or third party guarantee.
Job announcements in Nirmala Sitharaman’s Union Budget 2024
July 23, 2024 12:49 IST
Finance Minister Nirmala Sitharaman on Tuesday presented the Union Budget 2024-25 after the Cabinet gave its approval.
For employment boost: FM Sitharaman announces 3 employment-linked incentive schemes, industry internship programme
July 24, 2024 03:28 IST
The schemes will be based on enrollment in the EPFO (Employees Provident Fund Organisation), and focus on recognition of first-time employees, and support employees and employers
Union Budget 2024 Highlights Live Updates: Push for research and development of new technology for nuclear energy in Budget 2024
July 23, 2024 14:06 IST
Union Budget 2024 Highlights Live Updates: Additionally, the Finance Minister announced internship opportunities for 1 crore youths with Rs 5,000 monthly allowance in 500 top companies.
Income Tax Slabs 2024 Live Updates: ‘Middle class gets relief in income tax…have more money in hands’, says Nirmala Sitharaman
July 24, 2024 13:42 IST
Income Tax Slabs 2024 Live Updates: The government has increased the Standard Deduction limit to Rs 75,000, allowing the salaried class to save up to Rs 17,500 in taxes under the new regime. Join us for live updates and expert insights.
Budget 2024-25: Will it pick the cues from the Economic Survey or carry through the themes of the maiden budgets from the last two terms?
July 23, 2024 09:30 IST
The Economic Survey has listed in some detail the challenges that the Indian economy must contend with, as well as the themes and action points that are bound to determine the trajectory of the Indian economy over the coming years
Stock Market Highlights: Day after Budget, share market continues fall; Sensex down by 280 points, Nifty by 65
July 25, 2024 06:48 IST
Stock Market Highlights: Market watchers have hit out against Tuesday's Budget, saying the move to hike long term capital gains tax from 10 per cent to 12.5 per cent will discourage savings and investments.
Private investment, lack of quality data key issues facing infra sector, says Economic Survey
July 23, 2024 01:38 IST
Despite substantial investments in connectivity and energy-related infrastructure, issues such as land acquisition delays and the slow digitization of land records persist, the survey said.
India ed-tech firm Byju’s founder faces reckoning as startup implodes
July 22, 2024 22:15 IST
The future of Raveendran's eponymous Byju's online coaching firm rests with India's courts after the country's biggest startup, once loved by global investors who valued it at $22 billion, crashed below $2 billion in valuation.
Retail investors flock to market, hold Rs 36 lakh crore worth stocks: Economic Survey
July 23, 2024 01:38 IST
This unprecedented surge in retail investor participation and activity has been fueled by the technological advancement such as India Stack and regulatory measures.
Deregulation, balancing ties with China vital for growth of MSMEs, says Economic Survey
July 22, 2024 21:08 IST
In addition to improving access to credit for MSMEs, the Survey also noted the need for intervention in providing MSME entrepreneurs with training in enterprise management.
India must plug itself into China’s supply chain, attract FDI: Economic Survey
July 23, 2024 07:14 IST
The Survey said that global trade is going through a particularly challenging phase of uncertainty and there are increased efforts by the US to de-risk and de-couple from China.
Economic Survey: ‘Demand under MGNREGS not real indicator of rural distress’
July 23, 2024 06:07 IST
“States with higher institutional capacities plan and coordinate better, executing costlier works in rural infrastructure or natural resources management,” the Economic Survey said.
Economic Survey flags AI’s ‘deleterious impact’ on jobs, ‘pall of uncertainty’ for workers across skill segments in India
July 22, 2024 22:52 IST
This is perhaps the first time a government document has officially flagged the impact AI could have on jobs in India.
Possibility of overconfidence leading to expectation of greater returns in stock market a serious concern: Economic Survey
July 23, 2024 03:39 IST
If equity market claims on the real economy are excessively high, it is a harbinger of market instability
Adverse trade environment to ease; external shocks, restrictive trade practices a risk, says Economic Survey
July 23, 2024 01:38 IST
International trade has contributed to India’s economic growth as rising services exports despite a decline in merchandise imports has cushioned the overall trade deficit from $121.6 billion in FY23 to $78.1 billion in FY24 and improved India’s current account deficit (CAD), the survey noted.
Economic Survey signal: Keep food prices out of retail inflation while deciding interest rates
July 23, 2024 08:09 IST
Hardships caused by higher food prices for poor and low-income consumers can be handled through direct benefit transfers or coupons for specific purchases valid for appropriate durations, the Economic Survey said
India’s FY25 GDP growth seen at 6.5-7 per cent in real terms, says Economic Survey
July 23, 2024 07:56 IST
'Heavy lifting on domestic front needed for recovery to be sustain, external shocks a looming risk factor': Economic Survey 2023-24
Economic Survey 2023-24 Highlights: GDP growth projected at 6.5-7%; RBI expects inflation to be 4.5% in FY25
July 22, 2024 15:03 IST
Any escalation of geopolitical conflicts in 2024 may lead to supply dislocations, higher commodity prices, reviving inflationary pressures and stalling monetary policy easing, the Economic Survey states
Full Text: Economic Survey 2024 says short-term outlook positive, long term requires clear vision
July 22, 2024 12:40 IST
Economic Survey 2024: Inflationary pressures stoked by global issues, supply chain disruptions, and vagaries of monsoons have been deftly managed by administrative and monetary policy responses. "As a result, after averaging 6.7 per cent in FY23, retail inflation declined to 5.4 per cent in FY24."
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SportsUpdated: July 24, 2024 23:12 IST
Argentina's squad, led by Manchester City's Julian Alvarez, made a comeback to draw 2-2 against Morocco in the Paris Olympics. Morocco's Soufiane Rahimi scored both goals, but Giovanni Simeone and Cristian Medina equalized for Argentina. In another match, Spain defeated Uzbekistan 1-2, with FIFA president Gianni Infantino in attendance.
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