The entry of private players has boosted the fortunes of FM radio in a big way in the country. This has been consistently reflecting in the revenue earned by the industry, which grew to Rs 550 crore (Rs 5.5 billion) last year from Rs 350 crore (Rs 3.5 billion) a year ago. The industry is expected to close with over Rs 800 crore (Rs 8 billion) in revenue this year.
All the 700-odd employees of RMWL will get new cards and stationary with a new signature logo which will have RMWL as the umbrella brand and the business divisions alongside -- BIG FM, BIG Live, BIG Street, BIG Digital.
India's private FM radio sector is expected to get foreign investments of Rs 500 crore in the next 12 to 18 months.
Finance Minister Nirmala Sitharaman on Thursday said Pradhanmantri Suryodaya Yojana will enable one crore families to get up to 300 units of free electricity monthly and help them save up to Rs 18,000 annually. "There is provision of Rs 10,000 crore for rooftop solar (scheme) in the Budget," said finance secretary T V Somanathan in press conference on Budget later in the day. Earlier in the day Sitharaman in her interim Budget speech said through rooftop solarisation, one crore households will be enabled to obtain up to 300 units of free electricity each month.
Here's what your favourite celebrities have been up to.
'According to CMIE data, employment in manufacturing saw a reduction from 51 million in the country in 2016 to 27 million in 2021. 'That is, it has halved in just 5 years. 'At the same time, the national lockdown resulted in reverse migration to rural areas, and an increase in the number of workers in agriculture. 'It also means joblessness has increased in agriculture because there are too many workers; the number of workers went up from 200 million to 232 million.'
The first private FM radio started airing its programmes in Srinagar on Monday.
Suddenly, brand activation is big business for India's Rs 300 crore (Rs 3 billion) FM radio industry.
With 11 years of marital bliss, celebrity couple Mandira Bedi and Raj Kaushal will soon be giving 'Guru Gyan' on perfect relationships to Delhiites.
Taking a strong view of Google pulling out some apps from its Play Store, the government on Saturday said delisting of Indian apps cannot be permitted and that the tech company and the startups concerned have been called for a meeting next week. In an interview to PTI, IT and Telecom Minister Ashwini Vaishnaw said the startup ecosystem is key to the Indian economy and their fate cannot be left to any big tech to decide. The minister's comments assume significance as Google on Friday began removing some apps, including popular matrimony apps, from its Play Store in India over a dispute on service fee payments, even as apps and well-known startup founders cried foul.
The government has to realise that at some stage it will have to deliver on big ticket items.
'Neither farmers nor farm labourers will benefit from these jumla announcements of the finance minister'
"But the BJP wants it to be done after Lok Sabha elections. The tenure of this Lok Sabha will end on 16th June and SBI wants to share the data by 30th June," Kharge said.
Finance Minister Nirmala Sitharaman on Friday asked private sector companies to clear dues to small businesses within 45 days and admitted that the central departments and enterprises are also not making payments to them on time. She conceded that the Centre, states and state-owned enterprises too have outstanding dues to micro, small and medium enterprises (MSMEs). The minister said that at a meeting with big businesses here two days ago, she had appealed to them to ensure that the dues of small businesses, who are the backbone of the economy, are cleared on time.
'I have made a new rule: When I'm having my morning tea, a guy keeps the harmonium on my bed.' 'So while I'm writing what my plan for the day is, that harmonium is in front of me and I do riyaz of 40-50 minutes.'
Finance Minister Arun Jaitley, in the Budget for 2015-16, is likely to target around Rs 43,000 crore (Rs 430 billion) from divestment proceeds, almost the same level that the government expects to realise from stake sale in PSUs this fiscal.
India will grow at around 7.4 per cent in 2022-23 and continue at the same pace in the next year as well, Union Finance Minister Nirmala Sitharaman said on Friday. Sitharaman said there are risks on the external front and this is not the right time to throw caution to the wind, and also assured exporters of all the necessary support from the government as they face the headwinds. Speaking at the FE Best Bank Awards event here, Sitharaman said global agencies like IMF and the World Bank have taken cognisance of the strengths of the Indian economy by saying that it will be among the fastest growing ones in the next two years.
Economists on Saturday urged Finance Minister P Chidambaram to give a "big push" to the economy by stepping up investment in agriculture and infrastructure besides rationalising taxes, introducing value added tax
Jaitleysaid Mallya misused his position as an MP to accost him once in Parliament.
Market hopes govt will hike capital expenditure.
The Finance Minister promised a 0.6 per cent reduction in the fiscal deficit every year to bring the deficit to 3 per cent by 2016-17 without raising tax rates.
While India's GDP growth slowed to five-year low of 5.8% in Q4, China grew at 6.4%.
The government should now focus on governance and monitoring the supply side to manage inflation, says M V Subramanian.
Bollywood has quite a few actors known for their magical awaaz.
There have been some benefits to the corporate sector, agreed they also need support, but the government should realise that the economy is not suffering from lowering investment -- people are ready to invest but where is the demand?
Favouring financial sector reforms to achieve 8 per cent growth, the government said on Thursday it would shortly set up a regulator for pension sector and announce the roadmap for banking reforms, which includes allowing 74 per cent foreign direct i
'I'm pitching India for the strengths we offer, including the English language, engineers, doctors, nurses, professionals, innovative talent of startups.'
'This obsession with 'one' is not good for a country like India.'
7 key areas that the Budget must address to re-energise the infrastructure sector, suggests Vinayak Chatterjee.
Disfavouring 'blunt' steps like search and seizures, Finance Minister P Chidambaram on Wednesday invited 582 top corporates to avail a single-window tax payment facility
The government on Wednesday asked consumer redressal courts to initiate "class action" and levy punitive damages on erring companies to safeguard the interest of consumers in an era of open economy.
Despite apprehensions of a lower economic growth, Finance Minister P Chidambaram on Thursday hoped that a robust revenue collection would help attain a higher tax:GDP ratio of 10 per cent this fiscal after a gap of 20 years.
Besides low interest rates, a reduction in active Covid cases and strong high-frequency macro data have lifted the sentiment of both corporate India and the stock markets.
Comprehensive tax reforms would be carried out in the next budget after taking into account the suggestions of Kelkar Task Force, which will submit its report within a few days, Finance Minister P Chidambaram said on Monday.
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