India News

Updated on Jul 24, 2024 09:22 AM IST

The IMD has forecast moderate rainfall for Wednesday in Delhi. The maximum and minimum temperatures might hover around 34 and 26 degrees Celsius, respectively.

A view of a heavily waterlogged street near Punjabi Bagh after sudden rain on Wednesday morning in New Delhi, (Sanchit Khanna/HT)

ByHT News Desk | Edited by Aniruddha Dhar

Rural housing push with 68% hike in funds

On June 10, the government gave approval to a cabinet proposal to construct a total of 3 million houses in the next five years

Updated on Jul 24, 2024 09:10 AM IST

BySaubhadra Chatterji

How does the Union Budget impact growth?

The budget has continued with its focus on capital expenditure which can boost the economy’s long-term prospects

Union finance minister Nirmala Sitharaman. (HT/Arvind Yadav)

Updated on Jul 24, 2024 07:55 AM IST

How does the Union Budget impact reforms?

Budget speech emphasizes next-gen reforms for economic policy, focusing on consensus-building with states.

Union finance minister Nirmala Sitharaman. (Arvind Yadav/HT)

Updated on Jul 24, 2024 04:37 AM IST

How does the Union Budget impact stability?

This year’s budget shows no intention of departing from this approach even in the aftermath of depleted political capital after the elections.

Updated on Jul 24, 2024 06:09 AM IST

How does the Union Budget impact politics?

What this budget has not tried to do is undertake the exercise of correcting what could’ve been a mistake.

Updated on Jul 24, 2024 01:32 AM IST

With digital crop survey, govt to expand DPI to agri

The details of 60 million farmers and their lands will be included in the farmer and land registries.

Union Finance Minister Nirmala Sitharaman. (Ajay Aggarwal/HT Photo)

Updated on Jul 24, 2024 07:50 AM IST

ByAditi Agrawal

MSMEs get special attention in budget

The MSME sector is the largest employer after agriculture in India and has 35% share in India’s manufacturing output.

Updated on Jul 24, 2024 06:15 AM IST

BySaubhadra Chatterji

Agri research ramp-up to tackle climate impact: FM

Union government prioritizes agriculture in the budget, focusing on farm research to boost productivity and climate resilience, allocating ₹1.52 lakh crore.

Updated on Jul 24, 2024 07:46 AM IST

ByZia Haq

Funding for MHA research and training logs 3-fold increase

For modernisation of state police forces and connecting CCTNS budget increased to more than twice from ₹221 crore (RE 2023-24) to ₹520 crore

Union finance minister Nirmala Sitharaman in Parliament on Tuesday. (Arvind Yadav/HT Photo)

Updated on Jul 24, 2024 07:42 AM IST

Customs duties cut, more rate tweaks soon: Nirmala

Finance minister Nirmala Sitharaman said that she would also undertake “a comprehensive review” of the rate structure over the next six months.

Updated on Jul 24, 2024 06:07 AM IST

ByRajeev Jayaswal

3 EPFO-based schemes among five to help boost jobs for youth

NDA govt's Budget 2024-25 announces ₹2 lakh crore job-creation plans, incentives for firms, skilling programs, and reforms to boost employment.

The unemployment rate in the world’s fastest growing economy declined to 3.2% in 2022-23, according to latest official data. (HT Photo)

Updated on Jul 24, 2024 07:38 AM IST

ByZia Haq, New Delhi

With ₹6.22 lakh crore for defence, focus on ‘Atmanirbharta’

The allocation is 4.79% higher than what it was in the budget estimates ( ₹5.93 lakh crore) for financial year 2023-24

The revenue expenditure includes almost <span class='webrupee'>₹</span>6,000 crore for the Agnipath scheme, up from <span class='webrupee'>₹</span>4,266 crore and <span class='webrupee'>₹</span>3,518 crore in the budget and revised estimates for 2023-24. (HT Photo)

Updated on Jul 24, 2024 07:32 AM IST

ByRahul Singh

Internship scheme sparks row, Congress says govt ‘copied’ key manifesto promise

The proposed Right to Apprenticeship Act was one of the key highlights of the Congress manifesto

The scheme will cover 10 million youngsters over five years, the minister said on Tuesday. (HT Archive)

Updated on Jul 24, 2024 06:18 AM IST

BySaubhadra Chatterji, New Delhi

Low interest on education loans up to ₹10L for courses within India

Budget proposes lower interest rates for education loans up to ₹10 lakh, with e-vouchers for 1 lakh students annually. Education allocation at 2.6% of total budget.

Out of <span class='webrupee'>₹</span>1.48 lakh crore, <span class='webrupee'>₹</span>1.2 lakh crore will be spent on education, representing 2.6% of total budgetary expenditure, which compares with 1.9% for health and 11.3% for transport (highest allocation). (HT Photo)

Updated on Jul 24, 2024 07:28 AM IST

ByFareeha Iftikhar, New Delhi

₹3L-cr allocated to welfare schemes for women, girls

Sitharaman also said that partnerships would be created to organise women-specific skilling programmes in India

According to the budget document, the budget outlay for the ministry of women and child development (WCD) has seen a marginal increase of 2.5 % to <span class='webrupee'>₹</span>26,092.19 crore from <span class='webrupee'>₹</span>25,448.68 crore in revised estimate for 2023-24. (REUTERS)

Updated on Jul 24, 2024 07:26 AM IST

ByFareeha Iftikhar, New Delhi

Phones, peripherals set to get cheaper after customs duty cut

Finance minister Sitharaman reduced customs duty on mobile phones, PCBAs, and chargers to 15%, exempted critical minerals from duties, and proposed further reductions to boost domestic electronics industry.

FM in her budget speech said the Indian mobile phone industry has matured. (HT PHOTO)

Updated on Jul 24, 2024 07:36 AM IST

ByAditi Agrawal

Coalition dharma focus of post-election budget

Party chief JP Nadda referred to the “first budget of Modi 3.0” as “a testament to India’s inclusive growth, sustainable development and economic resilience”.

Prime Minister Narendra Modi (left) with TDP chief N Chandrababu Naidu (centre) and JD(U) chief Nitish Kumar during National Democratic Alliance (NDA) meeting at PM's residence, in New Delhi, on June 5. (PTI)

Updated on Jul 24, 2024 06:20 AM IST

BySmriti Kak Ramachandran

FM lowers fiscal deficit target to 4.9% for FY25

While the full budget for 2024-25 has not provided rolling targets for the next two years, it envisaged that “an active and nimble fiscal policy strategy is a pre-requisite for smooth fiscal policy operations”

Union Finance Minister Nirmala Sitharaman addresses post budget press conference at National Media Centre, in New Delhi, India, on Tuesday. (Hindustan Times)

Updated on Jul 24, 2024 07:30 AM IST

ByRajeev Jayaswal

Govt extends financial support for flood mitigation in five states

The floods in Assam this year that has claimed at least 80 lives, displaced 45,000 people from their homes

In total, 27 of the 35 districts in Assam were affected by flood this year. (PTI)

Updated on Jul 24, 2024 07:47 AM IST

Govt fillip to pitch India as global tourist destination

Finance Minister Nirmala Sitharaman announced initiatives to boost tourism, including temple corridor development and promoting India as a global destination.

Union finance minister Nirmala Sitharaman on Tuesday said that there was tremendous potential for cruise tourism in India. (HT Photo)

Updated on Jul 24, 2024 07:08 AM IST

ByVrinda Tulsian

Budget 2024: Climate finance taxonomy on cards

The Union Budget on Tuesday also proposed to exempt customs duty on critical minerals required for energy transition to nuclear and renewable energy

The budget expanded list of exempted capital goods for use in manufacture of solar panels. (HT Archive)

Updated on Jul 24, 2024 06:36 AM IST

ByJayashree Nandi

Budget 2024: Outlay hiked for nuclear, thermal and solar power

India has an installed nuclear energy capacity of 7.48 GW (gigawatts ) which is slated to increase to 13.08 GW by 2029, with the addition of 7 more reactors

A thermal power plant in Tuticorin in March 2024. (Bloomberg)

Updated on Jul 24, 2024 06:38 AM IST

ByJayashree Nandi

Budget 2024: Allocation for health ministry rises by 12.59%

Finance minister exempts customs duty on cancer drugs, reducing costs by up to 20%. Health ministry gets 12.59% increase in funds, with a focus on cancer therapy and medical device manufacturing.

The drugs that have received exemption — Trastuzumab Deruxtecan, Osimertinib, and Durvalumab — are used as targeted cancer therapy in certain types of cancers. (HT Archive)

Updated on Jul 24, 2024 06:42 AM IST

ByRhythma Kaul

Budget 2024: ₹1,000 crore venture capital fund for space economy

The budget also has plans to expand digital infrastructure, advance nuclear technology, and secure critical minerals essential for high-tech manufacturing

The budget allocates <span class='webrupee'>₹</span>10,088 crore for space technology and <span class='webrupee'>₹</span>1,612 crore for space applications. (AP)

Updated on Jul 24, 2024 06:40 AM IST

Aim is to give more opportunities to talented Indian youth: Nirmala Sitharaman

Custom duty reduction in budget to boost Indian manufacturing exports and create jobs. ₹2 lakh crore for youth schemes.

Union finance minister Nirmala Sitharaman during the post-Budget press conference at the National Media Centre in New Delhi on Tuesday. (Ajay Aggarwal/HT Photo)

Updated on Jul 24, 2024 06:06 AM IST

Budget will be catalyst in making India third largest economic power: PM Modi

PM Modi hails the Union Budget as bringing new opportunities, energy, and employment prospects, aiming to make India the third largest economic power.

Prime Minister Narendra Modi gives a speech after the presentation of the Union Budget on Tuesday. (PTI)

Updated on Jul 24, 2024 06:32 AM IST

BySmriti Kak Ramachandran

Latest News, Live Updates Today July 24, 2024: Two AMU employees shot at inside univ campus, 2 held

Welcome to the live updates platform for Hindustan Times. Follow all the major news updates, headlines and breaking news stories from India and around the world right here. Track the real-time developments of major events for July 24, 2024.

Latest news on July 24, 2024: Aligarh Muslim University. (Sourced)(AP Photo)

Updated on Jul 24, 2024 10:09 PM IST

ByHT News Desk

Cong CMs to skip NITI Aayog meet due to ‘discriminatory’ Budget: KC Venugopal

Tamil Nadu chief minister MK Stalin, a Congress ally, will also skip the meeting, and for the same reason.

INDIA bloc leaders met at Congress chief Mallikarjun Kharge's residence (Courtesy: x.com/kcvenugopalmp)

Published on Jul 23, 2024 10:14 PM IST

ByHT News Desk, New Delhi

Soldier killed in anti-terror op after Army foils intrusion bid in J&K's Poonch

Lance Naik Subhash Chander suffered serious injuries that took place in a gunfight after terrorists were spotted in Battal sector of Poonch district on Tuesday

Army personnel at a hospital after a soldier was injured in the exchange of fire with terrorists who were trying to infiltrate into Indian territory, in Poonch district, Tuesday,(PTI)

Updated on Jul 24, 2024 04:38 AM IST