Investors and startup executives are calling for extending the period for an entity to be recognised as a startup from 10 to 15 years for deep-tech companies.
In 2025-26, the government allocated Rs 6,81,210 crore for defence budget.
Eternal-owned quick-commerce firm Blinkit has dropped its '10-minute' delivery claim after intervention by the Labour Ministry amid growing concerns over the welfare and safety of delivery workers.
Three laws passed in Parliament could boost central revenues, reshape GST cess flows, shift MGNREGA costs to states and create new budget headroom ahead of the 2026-2027 Union Budget, points out A K Bhattacharya.
'We kept this Budget on a larger plank, rather than on one incident, however serious.'
The Rajasthan government has suspended the state drug controller and halted the distribution of medicines manufactured by Kaysons Pharma following reports of children's deaths allegedly linked to contaminated cough syrup.
Prime Minister Narendra Modi interacted with students on a cruise ship on the Brahmaputra River during a 'Pariksha Pe Charcha' programme on the second day of his Assam visit.
The Delhi High Court has directed the GST Council to consider lowering or abolishing the goods and services tax on air purifiers, citing worsening air quality in the national capital. The court has asked the council to meet at the earliest, even via video conference if necessary, to address the issue.
The toll in the case reached nine in Madhya Pradesh while media reports said of two infants died in Rajasthan.
The Delhi High Court has asked the central government why it cannot reduce the GST on air purifiers, considering the poor air quality in Delhi. The court's concern is that the current 18% GST makes air purifiers unaffordable for the common man.
Now a multi-dimensional rate structure has been created for CGHS cardholders in all categories based on four different parameters, with semi-private rooms forming the base for package rates.
A special investigation team (SIT) has been formed in Madhya Pradesh to investigate the deaths of 14 children in Chhindwara, suspected to be linked to a toxic cough syrup. The investigation includes arrests, exhumations, and a ban on the implicated cough syrup.
'It will increase the contribution to gratuity, which is something the employer has to give.'
'These children possess catastrophically low birth weights -- often 1.4 kgs or less. Such extremely low birth weight results in profoundly compromised neo-natal immunity.' 'The escalation to 97 deaths in three months precipitated contemporary attention precisely because this magnitude concentrates the humanitarian emergency, rendering it impossible for the administrative machinery to ignore.'
The chief minister tried to soothe frayed nerves by hailing doctors for their invaluable and tireless service in saving lives.
The Central Drugs Standard Control Organisation (CDSCO) will conduct testing, inspection and auditing of cough syrup manufacturers.
The Karnataka Legislative Council passed a bill to curb hate speech, facing strong opposition from BJP and JD(S), who criticized it as 'draconian' and a threat to free speech. The bill proposes jail terms and fines for hate crimes and repeated offenses.
Delhi government mandates 50% work from home for offices and private establishments under GRAP stage three due to severe air pollution. Essential services are exempted.
'If a common man wants to buy an air purifier for Rs 10,000, then he will have to shell out Rs 11,800 with 18 percent GST.' 'If he is charged GST at 5 percent the same air purifier will cost Rs 10,500.' 'This saves a one time amount of Rs 1,300 -- and that too just to breathe clean air.'
As it gains commercial viability, the food will likely become a powerful political currency.
The debate over working hours flared up after Infosys Co-founder N R Narayana Murthy called for 14-hour workdays.
Tejashwi Yadav and Prashant Kishore claim that a group of senior Janata Dal-United leaders and retired bureaucrats, locally dubbed the 'Bhunja Party', manages the state administration on Nitish Kumar's behalf.
Due to the rising COVID cases, the Centre is conducting mock drills to check facility-level preparedness and has instructed all states to ensure availability of oxygen, isolation beds, ventilators, and essential medicines, official sources had said.
All states have been instructed to ensure availability of oxygen, isolation beds, ventilators and essential medicines in view of rising cases of Covid, official sources said on Wednesday.
Canadian firm Manulife and Mahindra & Mahindra (M&M), an Indian automaker with interests in financial services, have signed an agreement to form a 50:50 life insurance joint venture (JV) with a total capital commitment of up to Rs 3,600 crore each totalling Rs 7,200 crore.
Police have arrested a doctor for alleged negligence and registered a case against the manufacturer of a 'toxic' cough syrup after the death of 14 children in Chhindwara due to suspected renal failure, officials said on Sunday.
India's active Covid case tally crossed the 5,000 mark with Kerala remaining the most affected state followed by Gujarat, West Bengal and Delhi, according to the Union health ministry data released on Friday.
On August 5, 1953, Jawaharlal Nehru sent a strange note to the foreign secretary. It is worth mentioning because it was symptomatic of the lack of knowledge about Western Tibet in India and in South Block in particular, notes Claude Arpi.
Some of the key names include: Maruti, M&M, Ashok Leyland, Britannia, Ultratech, JK Cement, Havells, Voltas, Amber, Metro, Trent, LemonTree, Indian Hotels, Niva Bupa, HDFC Life, IGL, Acme Solar, Suzlon, Swiggy, Delhivery, ICICI Bank, HDFC Bank, Bajaj Finance, Shriram Finance," according to a report by Motilal Oswal Financial Services.
Full exemption for all health insurance premiums and reinsurance or a reduction in the GST rate from 18% to 5% on health insurance services is likely.
The GST Council on Wednesday approved a two-tier rate structure of 5 and 18 per cent, which will be implemented from September 22.
'It must become faceless, just as the entire direct tax assessment system has already become fully online, without any human intervention in the normal course,' recommends A K Bhattacharya.
Opposition-ruled states warn of steep annual losses; Centre assures higher consumption will offset revenue hit.
An analysis of the upcoming Bihar elections, focusing on the key players, alliances, and issues that will shape the outcome. The article examines the strength of the ruling NDA coalition led by Nitish Kumar and the challenge posed by the RJD-led Mahagathbandhan, as well as the potential impact of Prashant Kishor's Jan Suraaj Party.
More than 25 crore workers engaged in sectors ranging from banking, insurance, postal to coal mining, highway and construction are expected to go on a nationwide general strike on Wednesday, potentially disrupting services across the country. A forum of 10 central trade unions and their associates has called for a general strike or 'Bharat Bandh' to "oppose the anti-worker, anti-farmer and anti-national pro-corporate policies of the government".
Amid an uptick in Covid cases in some parts of the country, Director General of the Indian Council of Medical Research (ICMR) Dr Rajiv Behl said the severity of infections as of now is generally mild and there was no cause for worry. Speaking about new Covid variants being traced, he said genome sequencing of samples in the west and south have shown that the new variants are not severe and are Omicron sub-variants. These are LF.7, XFG, JN.1 and NB. 1.8.1. The first three are more prevalent, Dr Behl said. "Samples from other places are being sequenced and we will know in a day or two if there are more variants." The ICMR DG said there has been an uptick in cases --first from the south, then west and now from northern India. All these cases are being monitored through the Integrated Disease Surveillance Programme (IDSP). Besides that, ICMR's nationwide respiratory virus sentinel surveillance network is keeping a watch on emerging infections and pathogens, he said. "Whenever cases increase, we look at three things. It's dependent on three factors with the first being how transmissible it is, conversely how fast the cases are increasing. Previously we saw Covid cases double in two days, but this time it is not that cases are increasing rapidly. "Secondly, are the new variants evading our previous immunity? When new variants come, they evade immunity -- be it natural or from the vaccine. But there's nothing to worry about at the moment," Dr Behl said. He also said that the third factor is the percentage of severe cases in all Covid instances. "Are we getting a very severe disease without comorbidities? As of now, the severity is generally low. There's nothing to worry about. We should be vigilant and we should always be prepared," the ICMR DG asserted. Dr Behl also informed reporters that the Union Health secretary chaired a meeting on Sunday that was also attended by the director general of health services and himself. "We have been closely monitoring the situation. We should be vigilant at this moment, but there is no cause to worry. The general public should be vigilant. There is no need to take any such action as of now," he said. The officer added that the WHO database has been showing that the new variants were not causing severe disease. "People do not need to take any immediate action. They should follow normal precautions. So, there is nothing special to do right now." Asked about the need for a booster dose, he said there is no need for vaccination as of now. "India has the capability to make vaccines and if need be, we can make any vaccine in no time."
'India kills its own talent before the world even gets to see it'
Finance Minister Nirmala Sitharaman will present her 8th straight Budget and all eyes will be on the much-expected tax relief for the middle class. Sitharaman had in her first Budget in 2019 replaced the leather briefcase -- which had been in use for decades for carrying Budget documents -- with a traditional 'bahi-khata' wrapped in red cloth.
Over 25 crore workers across India are set to strike against new labour codes and privatisation, potentially disrupting banking, postal, and other essential services.
Prime Minister Narendra Modi turned 75 on Wednesday, with the Bharatiya Janata Party launching over a fortnight long 'Sewa Pakhwada' to mark the birthday of its preeminent leader.
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