India Inc on Thursday pitched for lowering income tax burden on common man, increase in capital expenditure, and firm steps to contain food inflation in their nearly two-hour long interaction with finance minister Nirmala Shitharaman ahead of the Union Budget. During pre-Budget consultation with Sitharaman, the industry leaders and associations also urged the government to focus more on infrastructure development with a view to maintaining the economic growth momentum. The industry leaders also laid stress on boosting the MSME (micro, small, and medium enterprises) sector, considered a backbone of the Indian economy and main employment generator.
The Supreme Court-appointed panel on the new agri laws on Thursday started its consultation process and interacted with 10 farmer organisations from eight states, including Uttar Pradesh.
Congress leader in Lok Sabha Adhir Ranjan Chowdhury and some other MPs suspended from Parliament will not be able to attend the meetings of parliamentary committees of which they are a member or chairperson till their suspension is revoked.
Amid a debate on the basis of a monetary policy stance, one may be curious enough to know how non-food retail inflation has behaved over the years in India. Let the eager souls catch a glimpse of facts. In the past 10 years, non-food inflation came down below 4 per cent on two occasions - pre-Covid period of 2019-20 and now in the first four months of the current financial year (FY25).
The ministry said the high powered committee for Ladakh headed by Minister of State for Home Nityanand Rai has been working actively with representatives of the ABL and the KDA and significant progress has been made.
Uttar Pradesh Bharatiya Janata Party's working committee member Ram Iqbal Singh on Thursday said there would have been no agitation by farmers had the Centre consulted them before enacting the new agricultural laws.
US Vice President Kamala Harris, who is of Indian and African heritage, has formally secured the Democratic presidential nomination becoming the first Indian-American to win the nomination from a major political party, and chose Minnesota Gov Tim Walz as her running mate on Tuesday.
IBC has been revolutionary in many ways and is a formidable instrument for stress resolution. And despite the room for improvement, the overall effectiveness of IBC in the distress space is unmatched, notes Saloni Kothari.
'The struggle of insurgents and pro-independence political activists is fuelled by a deep conviction that not only is a free Balochistan possible, but they also believe that Pakistan will inevitably break apart, leading to Balochistan's independence.'
While praising the internship scheme announced in the Budget, India Inc wants clarity on how it will be implemented. The scheme is expected to help companies address the skill gap in employment. Dheeraj Hinduja, chairman, auto major Ashok Leyland, said: "We had started an internship programme at our plant in Pantnagar, which we established in 2010 with colleges there.
India head coach Ravi Shastri wants batting great Sachin Tendulkar to work with the national team as a consultant, provided it is not a case of conflict of interest.
'The sooner Kalyan Chaubey leaves, the better it is for Indian football'
The Centre on Monday made public the rules under the recently-notified anti-paper leak law, mandating the National Recruitment Agency (NRA) to prepare norms, standards and guidelines for the computer-based tests among others.
Three years after India declared its goal to become a net-zero economy by 2070, the policy design for achieving the target has begun, with the NITI Aayog forming dedicated multi-sectoral committees to prepare a transition plan. In 2021, India joined a select group of nations that set a target year for becoming net-zero carbon economy. At COP26 in Glasgow, Prime Minister Narendra Modi outlined a five-pronged 'Panchamitra' climate action target for India and committed to a net-zero target by 2070, joining nations like the US, the UK, and China.
The paramilitary Rangers, which were called in to maintain law and order in the disputed region, came under attack while moving out of the region, the Dawn newspaper reported.
A high-level committee on Thursday recommended simultaneous elections for Lok Sabha and state assemblies as the first step followed by synchronised local body polls within 100 days.
'Bilateral trade has suffered seriously because of the growing unrest.' 'There is a standstill on both sides amid the curfew.'
Opposition members hit out at the government for the introduction of the bill in a 'hurry' and 'without any consultation with stakeholders'.
Congress leader Rahul Gandhi has written to Lok Sabha Speaker Om Birla to allow him to speak in the house over his democracy remarks made in London, sources said on Monday.
Maharashtra Congress president Nana Patole on Tuesday said his party did not 'surrender' but took a step back in the seat-sharing negotiations with its Maha Vikas Aghadi (MVA) alliance partners as the talks could not go on indefinitely.
It is being suggested that apps, such as WhatsApp and Telegram, should share their APIs with each other to ensure there is interoperability, just as it exists across email services.
The Central Public Works Department, which is executing the government's ambitious Central Vista redevelopment project, will soon start the construction work of the new Parliament building once it gets permission from the Heritage Conservation Committee, officials said on Tuesday.
According to the Federation of Resident Doctors Association, during the indefinite strike, all outpatient departments, operation theatres, and ward duties will be shut, but emergency services will continue to operate as usual, ensuring that urgent patient care remains unaffected.
The Karnataka government on Wednesday put the reservation bill for Kannadigas in private firms on hold amid fierce criticism from business leaders and tech tycoons.
The changes suggested include the amendment to the provisions of the Constitution relating to preparation of the electoral roll by the Election Commission of India in consultation with the State Election Commission(s) for the elections to the local bodies (in Article 325).
They said members of Congress and Bahujan Samaj Party urged committee chairman Jual Oram to allow a discussion on the Agnipath scheme, arguing it has huge implications and required parliamentary scrutiny, but were denied from doing so.
The bill to amend the law governing Waqf boards proposes far-reaching changes in the Wakf Act, 1995, including ensuring the representation of Muslim women and non-Muslims in such bodies.
The controversy brewing over the role of Intelligence Bureau officer Rajendra Kumar in Ishrat Jahan fake encounter killing case in Gujarat figured in a Parliamentary committee meeting on Tuesday as Bharatiya Janata party members claimed all the four were Lashker-e-Tayiba terrorists.
According to police sources, Darshan's aide Nagaraj was looking after all the dealings of the actor.
'We have now drastically simplified it, primarily to two rates in long-term capital gains: 20% and the applicable rates. Similarly, in short-term capital gains.' 'For listed shares, there is a slight increase, but for unlisted shares, where indexation benefits are removed, there is a reduction in rates, benefiting unlisted companies, venture capital firms, etc.' 'Similarly, in real estate, wherever returns are higher, the new structure is beneficial. In very few cases, returns are lower, and those are more of an exception.'
The Congress has consciously contested on a lesser number of seats in this Lok Sabha election as part of a strategy to keep the Indian National Developmental Inclusive Alliance (INDIA) together and defeat the Bharatiya Janata Party, Congress president Mallikarjun Kharge has said.
Sindhu pulls out of Uber Cup
From toys, footwear and furniture to insulated flasks, smart meters, and air coolers - the Central government over the last decade has mandated higher standards for production and imports of such items. Sample this: Till 2014, there were 14 Quality Control Orders (QCOs) covering 106 products. By the latest count, there are 156 QCOs on 672 products.
Disengagement from the LAC will remain a chimera because China has given enough indications that the PLA will not move back any more. China has even deployed drones to monitor and deny any patrolling by Indian troops even in the buffer zones which are all in Indian Territory, explains Lieutenant General Prakash Katoch (retd).
Billionaire banker Uday Kotak founded bank as well as brokerage created and oversaw an offshore fund used by an unnamed investor to profit from a plunge in Adani shares that followed a damning Hindenburg report, the US short seller said on Tuesday. Hindenburg Research, which had in a January 2023 report alleged stock market manipulations and accounting fraud at the Adani group, said it has received a show cause notice from the Indian markets regulator Sebi over gains made from betting on the conglomerate's shares.
A Canadian House of Commons Standing Committee on Citizenship and Immigration report says that immigration consultants need to be regulated, just as lawyers and other professionals are.
The official declined to comment on reports that a suicide note in Gujarati was also found with the body of the Independent MP.
From wrestlers' protest to WFI elections: Timeline
Wanindu Hasaranga will make his comeback after missing the Asia Cup and the 50-overs World Cup.
Indian IT major Wipro on Saturday announced the resignation of its CEO Thierry Delaporte and named Srinivas Pallia as the new chief executive officer effective immediately. Wipro's Board noted the resignation of Delaporte with effect from April 6, 2024, the company said in a BSE filing, and added he will be relieved from the employment of the company with effect from the close of business hours on May 31, 2024.
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