Finance Minister Nirmala Sitharaman is likely to hold pre-budget consultations with industry chambers on June 20, sources said. The budget for 2024-25 fiscal is likely to be presented in Parliament in the second half of July. Industry sources said the pre-budget consultation with Sitharaman would be preceded by a meeting with Revenue Secretary Sanjay Malhotra on June 18.
The youth -- their dreams of government jobs unfulfilled -- are voicing their frustration.
India's Head Coach Gautam Gambhir has seen both ends of the spectrum with high of Champions Trophy and low of six Test losses and he'll have tough choices to make once the new two-year cycle comes around with the new season.
According to an Andhra government statement, Naidu 'reposed confidence' in the PM's leadership.
'My advice: Don't mark your portfolio to market every day. Focus on survival.'
Pope Francis's connection with India was marked by a mix of hopes and challenges. His long-held wish to visit the country remained unfulfilled, but he made significant contributions to the Catholic community in India, including elevating Indian figures to sainthood and appointing an Indian priest as a Cardinal. While his efforts to resolve conflicts within the Syro-Malabar Church were unsuccessful, his legacy will be remembered for his efforts to promote unity and understanding in the Catholic Church.
Artificial Intelligence, innovation and next-generation technologies figured prominently during the high-stakes discussion between Prime Minister Narendra Modi and US President Donald Trump at the White House, as the two sides announced transformative measures, including the US-India TRUST initiative, roadmap on accelerating AI infrastructure and INDUS Innovation, to boost tech ties.
India's Asian Games bronze medallist Gulveer Singh smashed the Asian Indoor 5000m record while also qualifying for the World Athletics Championships to be held later this year.
Adani Green Energy, the renewable arm of billionaire Gautam Adani's conglomerate, has withdrawn from two proposed wind power projects in Sri Lanka, following the Island nation's new government deciding to renegotiate tariffs. "Adani Green Energy has conveyed its Board's decision to respectfully withdraw from further engagement in the renewable energy (RE) wind energy project and two transmission projects in Sri Lanka," the firm said in a statement.
'There is need for India-specific pricing.' 'Google, Microsoft and others also have different pricing.' 'It is important for OpenAI to think on these lines as the global pricing may not work in the Indian context.'
'He has remained the leader of our course all through 40 years, not allowing his energy and enthusiasm to fade. And through all his achievements, he has remained grounded.' Air Commodore Nitin Sathe (retd) salutes his NDA coursemate Amar Preet Singh as he takes over as Chief of the Air Staff.
Musk said on Friday that he believes India-US ties are "trending positive" and that he favours an enhanced trade partnership between the two nations.
'The race is now on for Indian IT firms to develop their AI prowess and focus on a software-first approach to services as the people element becomes more complicated with Trump's expected new regulations.'
The RBI on Wednesday slashed key interest rate by 25 basis points, for the second time in a row, to support a shuttering economy hit by reciprocal tariffs imposed by the US. Following the rate cut, the key policy rate eased to 6 per cent providing relief to home, auto and corporate loan borrowers.
'I enjoyed my fiery exchanges with Akshay Kumar, who was extremely gracious and generous when the camera was not rolling. I enjoyed locking horns with him in court.'
West Bengal Chief Minister Mamata Banerjee has set an ambitious goal of winning over 215 seats in the 2026 state assembly elections, aiming to secure a fourth consecutive term for the Trinamool Congress (TMC). She declared that the party will work to significantly reduce the BJP's tally and ensure that their candidates struggle to retain their deposits. The TMC's national general secretary, Abhishek Banerjee, echoed this sentiment, urging party workers to ensure a decisive victory and achieve a two-thirds majority in the upcoming polls. The BJP, however, dismissed the TMC's claims, stating that Banerjee is merely trying to boost morale among party workers.
He said that the two nations will have issues in the foreseeable future. However, there are ways of addressing those issues and what happened in 2020 was not the way to address those issues.
'The message that we intend to leave with at the end of this trip is one of real gratitude for the friendship and the close partnership that President Biden and Prime Minister Modi have enjoyed over the last four years, but also one of tremendous optimism because we see a lot of opportunity in the future.'
He said land acquisition and coal block auctions, and water were challenges impeding the growth of the sector.
The Madras High Court has ruled that senior citizens can cancel gift or settlement deeds executed in favor of their children or close relatives if they fail to take care of them, even if it was not explicitly mentioned in the conditions imposed in the deeds. The court said the love and affection being the consideration, which can be traced out in the Settlement Deed, would be sufficient to hold that such love and affection was an implied condition that the senior citizen will be taken care of by the beneficiary of the Settlement Deed or gift deed.
'Our attempt to honour the taxpayer has been since 2014 and more actively since 2019-2020 onwards.'
India and the US are expected to have smooth trade negotiations after US President Donald Trump and Indian Prime Minister Narendra Modi had a productive meeting during Modi's visit to the White House last month, Stephen A Schwarzman, chairman, chief executive officer, and co-founder of one of the world's largest alternative investment firms, Blackstone Group, said in Mumbai on Wednesday.
'Before you work on your business plan, before you build your team, you should have a clear idea about what your product is, who your customer is, how valuable the product is, and whether the market is deep and wide.'
India will need to grow at an average 7.8 per cent to become a high-income country by 2047, a World Bank report said on Friday. To achieve this goal India would require reforms in financial sector as well as in land and labour market, the World Bank said in its India Country Memorandum titled 'Becoming a High-Income Economy in a generation'.
All the global transitions are working in India's favour, giving it the potential to become a force in today's uncertain world, but one of the country's biggest challenges is inclusive growth, Tata Sons chairman N Chandrasekaran said on Monday. In his address at the JRD Tata Oration, the head of the Tata group also asserted that Artificial Intelligence (AI) is here to stay and it will be beneficial if India prepares for it. Post the cold war era of relative stability and prosperity, the world appears to have given way to unpredictable conflicts and economic uncertainty, he said, adding that the pandemic resulted in supply chain shocks of gigantic proportion.
Engineering and construction major Larsen & Toubro (L&T) reported a 25 per cent rise in net profit attributable to the owners of the company for the January-March quarter of 2024-25, owing to higher revenues and an exceptional gain. For the quarter under review, L&T posted a consolidated net profit of Rs 5,497.3 crore, while revenue rose 10.9 per cent year-on-year (Y-o-Y) to Rs 74,392.28 crore.
'The earlier a child is given a smartphone, the worst it becomes when they are 17, 18.' 'Every year you delay in giving a smartphone to child, the outcome becomes better.' 'The behavioural changes that are very specific to smartphones are aggression and anger.'
Prime Minister Narendra Modi on Thursday suggested the G20 trade ministers to work collectively to ensure equitable competition between large and small sellers as there are challenges in the fast growing cross-border e-commerce. In a video message at the G20 Trade and Investment Minister's meeting here, he also emphasised on the need to address the problems faced by consumers in fair price discovery and grievance handling mechanisms. "Digitising processes and use of e-commerce have the potential to enhance market access. "I am glad that your group is working on the 'High Level Principles for the Digitalization of Trade Documents'. These principles can help countries in implementing cross-border electronic trade measures, and reduce compliance burdens.
'For a person like me, it's all about how I feel in my mind, what kind of prep I'm having before each game, and how I'm feeling about myself.'
Indian IT hiring landscape is at a pivotal juncture as it transitions from a year of decline towards a more hopeful future. The focus on specialised skills, particularly in AI and data science, combined with geographical shifts towards Tier 2 cities, indicates a transformation within the sector.
New rules, new captains, but same excitement as two months of cricket extravaganza kicks off in Kolkata.
'Unsurprisingly, Trump shared Modi's podcast with Fridman on his Truth account.' 'The intentions of Trump, a transactional president, are never easy to tell.' 'We will know in the next fortnight if and when he unfolds reciprocal tariffs on Indian goods, whether Modi's flattering words made any significant difference to Trump's compass,' notes Ambassador M K Bhadrakumar.
Be very cautious about relationships that come from a place of need, warns rediffGURU Anu Krishna. When the need is filled, the relationship invariably breaks.
Former Indian Prime Minister Manmohan Singh accused his successor, Narendra Modi, of lowering the dignity of public discourse and the gravity of the office of the prime minister by giving "hateful speeches" during the 2024 Lok Sabha election campaign. In an appeal to voters of Punjab ahead of the seventh phase of Lok Sabha polls, Singh asserted that only the Congress can ensure a growth-oriented progressive future where democracy and the Constitution will be safeguarded.
What is pushing students to take this extreme step?
Defence Minister Rajnath Singh on Wednesday asked the Army to maintain strong vigil along the Line of Actual Control (LAC) with China as the situation in the northern sector remained "tense" in view of deployment of PLA troops.
If you're doing the work, if you're delivering results and contributing to the success of your team or organisation, you deserve to be compensated equitably, says Sonica Aron, founder of HR consultancy firm Marching Sheep.
'Let Fadnavisji prove to the people of Maharashtra that he acts fairly against one and all.'
'What attitude has spawned such gruesomeness in the state of Saint Tukaram, Saint Dnyaneshwar, and great leaders like Chhatrapati Shivaji, Chhatrapati Shahu, Phule and Ambedkar?'
The challenge for the RBI in 2024 is likely to be less about containing elevated inflation and more about curbing excessive financial market exuberance and a 'problem of plenty', notes Sajjid Chinoy, Chief India Economist JP Morgan.
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