The government has created a comprehensive budget with sharp focus on sustaining economic activity and investment but more clarity is needed on areas like taxation framework for adopting remote working on a long-term basis, IT body Nasscom said on Monday. The industry association noted that the IT/ITeS (Information Technology-enabled Services) industry has been a key driver of growth and jobs in 2020 and there is an opportunity to significantly accelerate it further. "For the IT sector, one of the biggest needs ahead of us is the development of future business models, with hybrid working becoming a reality. "We look forward for the government to provide clarity on providing a framework in direct taxes and indirect taxes for the industry to adopt WFH/remote working on a long-term basis," Nasscom said in a statement.
The expert said the mission "lacked a holistic human rights approach'.
In a stunning electoral victory, the ruling Communist Party if India (Marxist)-led Left Democratic Front (LDF), rode back to power in Kerala winning 99 of the 140 seats, bucking the over four decade long trend of Communists and Congress-led United Democratic Front coming to power alternatively.
'The really striking thing is that the Taliban has suo moto presented to us certain firm benchmarks against which it expects us to hold to account the Taliban rulers's actions in the period ahead' notes Ambassador M K Bhadrakumar.
Billionaire Mukesh Ambani on Wednesday pitched for using the USO Fund to subsidise smartphones for select groups to help penetrate the digital revolution and said India should make the rollout of 5G or the fifth-generation technology standard for broadband cellular networks a national priority. As much as 5 per cent of the licence fee paid by telecom operators goes to the Universal Service Obligation (USO) Fund, which was set up in April 2002 for achieving universal service objectives by providing access to telephone services in rural and remote areas and creation of infrastructure for mobile services and broadband in these areas. However, according to the CAG, less than half of the funds so collected are transferred for the said purpose.
Had Finance Minister Sitharaman thought a little more about the middle class, disadvantaged sections, and the poor who are struggling, it would have been an inclusive Budget that would have made history, notes Ramesh Menon.
"If we have to recognise a government, the first thing is that we will need to wait until the government is formed," Chinese foreign ministry spokesman Zhao Lijian said.
Terming investment in infrastructure "quintessential" to boost growth, the Economic Survey on Friday said post unlocking of the economy, infra sectors are poised for growth and construction of roads is expected to return to the high pace attained before COVID-19. The infrastructure sector will be the key to overall economic growth and macroeconomic stability, the Survey said emphasising that the year after the crisis (2021-22) will require sustained and calibrated measures to facilitate the process of economic recovery and enable the economy to get back on its long-term growth trajectory. "Basic infrastructure facilities in the country provide the foundation of growth. In the absence of adequate infrastructure, the economy operates at a suboptimal level and remains distant from its potential and frontier growth trajectory.
'Having dedicated my life towards improving breast healthcare in my motherland. I shall continue to work with rock-solid determination following this "chosen" path.'
Care comes from a place of 'What is good for my child's development?' Care is a long-term view of the child's flourishing in life. Care is a sacred activity and it begins at home.
The satellite will enable a full range of services to neighbours including the areas of telecommunication, television, direct-to-home, VSATs, tele-education and tele-medicine.
Former CAG Rajiv Mehrishi says Centre has held back a report he submitted to the President, to end what he called "a nightmare of accounts that militates against good governance".
Back in 1958, when the 31-year-old Parker suggested that the charged particles streamed continuously from the Sun and fill up the space, the scientific community refused to believe him.
Here's the full text of President Ram Nath Kovind's address to the nation on the eve of 72nd Republic Day.
By 2030 India will be among top three countries in science and technology: PM
'I've always wanted to be a pilot; setting records is the icing on the cake.'
Shortage of ICU beds, oxygen, ventilators, vaccines, doctors, nurses and crematorium space in India has dominated headlines around the world in the past few weeks with Covid-19 cases surging beyond control and the government failing to deliver. Yes, election rallies, Kumbh Mela, blatant flouting of social distancing and mask protocols coupled with a messy vaccination process are said to be responsible for the health crisis of colossal proportions that India is facing today. But an analysis of Budget speeches made by finance ministers over 75 years also offers a glimpse of how low on the priority list healthcare has featured for the political class and policy-makers, which is a significant reason for the current situation.
'It's like the BJP is mocking people: Do what you want, we'll still win.'
India is apprehensive about the Taliban's return as it would mean loss of access to Baluch rebels and help to the restive tribals of Waziristan. This would be a setback to the Indian strategy of returning the compliments of death by a thousand cuts to Pakistan, notes Colonel Anil A Athale (retd).
International air travel of passengers has been permitted in a limited manner under the Vande Bharat mission. Further opening-up will take place in a calibrated manner.
'Jinnah developed a belief that Gandhi had stolen the tag of the leader of the Indian people from him and that he later used religion to reduce Gandhi's idea of a united India to naught was his revenge.'
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
Modi said that mere government budget is insufficient to address the problems such as foeticide and nutrition.
"Though we reiterate our commitment to peace, our defence forces -- the army, the air force and the navy -- are adequately mobilised in a well-coordinated move to thwart any attempt to undermine our security. Our national interest will be protected at all costs. We have also ensured a widespread understanding in the international community of India's firm and principled stand," the President said. India and China are locked in a nearly nine-month long military standoff in eastern Ladakh.
Finance Minister Nirmala Sitharaman on Monday presented the Budget for 2021-22 in the Lok Sabha that is expected to provide relief to the pandemic-hit common man as well as focus more on driving economic recovery through higher spending on healthcare, infrastructure and defence amid rising tensions with neighbours, As India emerges from the COVID-19 crisis, the ninth Budget under the Modi government, including an interim one, is widely expected to focus on boosting spending on job creation and rural development, generous allocations for development schemes, putting more money in the hands of the average taxpayer and easing rules to attract foreign investments.
'Our love for our great nation -- Bharat is second to none and our patriotism towards our motherland -- India is for the entire nation to emulate.'
Invoking Mahatma Gandhi in his address at the United Nations General Assembly, Prime Minister Narendra Modi on Friday said that 'one must care about the world one will not see', adding that the top-most priority must be the eradication of poverty from the world.
The data-generation ability of technology can not only provide real-time feedback on its return on investment but also evaluate education programmes.
The AAP leader, who has been recently in the news for supposedly dropping her second name, has been active in reforming the education and health sector.
Nahida Nabi, first woman wrestler from Kashmir, urged the people of the Valley to allow their daughters to play wrestling or any other sports so that they could fulfil their dreams.
Ayushman Bharat aims at providing a cover of Rs 5 lakh per family annually and is aimed at benefitting more than 10 crore poor families across the country.
Known for courting controversies, the Sadhvi claimed the mission of a Congress-free India has already been "accomplished" and it is now time to rid the country of Muslims.
Reliance Industries chairman Mukesh Ambani on Thursday said Jio and Google have jointly developed a power-packed and affordable smartphone 'JioPhone Next', which will be available in the market from September 10. Ambani promised that JioPhone Next will be the most affordable smartphone not just in India but globally. Speaking at RIL's annual general meeting, Ambani asserted that an ultra-affordable 4G smartphone is essential to make India '2G-mukt' (free of 2G).
The World Bank report said India has done well in terms of mobility in adulthood, as greater levels of urbanisation have provided more employment opportunities.
The remarks by China's deputy permanent representative to the UN, Geng Shuang, came during an emergency meeting of the Security Council on the situation in Afghanistan on Monday after the sudden and rapid takeover of the Afghanistan government by the Taliban insurgents.
Anjuli Bhargava reports on how the Aam Aadmi Party is making quality education more inclusive and at no cost to parents.
Prime Minister Modi, who was addressing the Indian diaspora at the Wembley Stadium in London, said that he was sure of India's bright future because his vision of India, was the India of Imran Khan who created and gave education apps for free
Irani said the "Government of India took a series of measures for ensuring safety, security and well-being of women during the COVID-19 pandemic."
The Bharatiya Janata Party lined up several promises, including a legislation to protect traditions of the Ayyappa temple at Sabarimala and a law against "love jihad", while assuring employment for at least one person from each family and free laptops to high school students, in its manifesto for the assembly polls unveiled in Thiruvananthapuram on Wednesday.
Nearly 45 per cent of this value is likely to be delivered by 3 sectors - consumer goods and retail, agriculture and banking and insurance, the Nasscom report said.
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