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.
Few finance ministers announce any taxation measure that could upset the stock market. Ms Sitharaman decided to take that risk, observes A K Bhattacharya.
The welfare schemes of the government, particularly Lakshmir Bhandar, have had a major impact on the electoral outcome.
Signalling both change and continuity, India's new government, headed by Prime Minister Narendra Modi for a third consecutive term, got into work gear on Tuesday with cabinet ministers and ministers of state filing into their respective offices to assume charge.
The year 2010 was a tumultuous one for micro-finance institutions (MFIs) in India.
FHe is the only one among 17 ministers from the outgoing council of ministers who lost the Lok Sabha polls to be reappointed minister.
Among the new entrants to the Union cabinet, former Madhya Pradesh chief minister Shivraj Singh Chouhan has been given the agriculture and rural development portfolios, Bharatiya Janata Party president J P Nadda the health portfolio and former Haryana chief minister Manohar Lal Khattar the power portfolio.
As the triangular political contest in Telangana intensifies, many believe that for the regional major BRS, it is a battle for survival after being routed in the assembly polls held late last year. What is haunting the party this time is the scams, the 10-year anti-incumbency factor, and family dominance in the party.
China on Sunday successfully placed 20 micro satellites into space using its latest carrier rocket powered by pollution-free fuels, boosting the Communist giant's competitiveness in the global satellite launch sector, state media reported.
With a view to a hold free and fair Lok Sabha polls in Bihar, the Election Commission has decided to depute micro-observers at all booths in the state, official sources said on Friday. Bihar is known for its poll violence and rigging for decades now.
'I found it unbelievable that L&T said 45,000 jobs were waiting to be filled because of unavailability of suitable skillsets.' 'So, when the Opposition sweepingly says there are no jobs, I'm sorry... I'm not saying it's raining jobs, but there are jobs. The (skill) gap has to be bridged.'
Most of the pharma units are failing in documentation, and validation processes, and many don't have full-fledged quality control laboratories.
The state government has coined this term -- 'bare foot managers', as the recruits would be drawn from youths with an ordinary background, preferably a graduate in any discipline, to handle multiple services ranging from accounting to administration and supervison for MSMEs.
'We need to be far more careful given the fact that while this is group lending, it's essentially unsecured.'
The Biju Janata Dal on Wednesday announced its support for the candidature of Bharatiya Janata Party's Ashwini Vaishnaw in the upcoming Rajya Sabha elections in Odisha
Driven by mega investment proposals from Tata Power, Adani group, Singapore's Sembcorp Industries and Leap Green Energy, among others, the two-day Global Investors Meet 2024 in Tamil Nadu is expecting an infusion of around Rs 6.64 trillion. This is likely to create around 2.69 million direct and indirect jobs in the state. "Due to our tireless efforts and your participation during this Global Investors' Meet, we have attracted an unprecedented Rs 6.64 trillion of investments.
Prime Minister Narendra Modi would have got a tough fight in Varanasi had Congress general secretary Priyanka Gandhi Vadra contested against him as Indian National Developmental Inclusive Alliance (INDIA) candidate, feel party workers from the temple town.
Dravida Munnetra Kazhagam (DMK) leader and Fisheries Minister Anitha Radhakrishnan accepted the mistake on Thursday after the Tamil Nadu government was left red-faced after an advertisement for a new Indian Space Research Organisation (ISRO) that featured a rocket with the flag of China.
Meanwhile, Twitter users across countries on Saturday complained of facing issues accessing the micro-blogging website amid a buzz of a global outage.
Hundreds of rural women who gathered to collect forms for a newly announced government scheme in Jorhat district of Assam left their queues to greet Congress leader Rahul Gandhi, who was leading the 'Bharat Jodo Nyay Yatra' through the area on Thursday.
'If you take any ministry of defence project, Nibe is up there, getting orders.'
Six decades and more later, we are now captives of our identities. Every poll is based on elaborate calculations of electability of candidates on the basis of their castes and other narrow definers. That, along with voter promiscuity, is what defines our political culture, which remains stubbornly resistant to any change, asserts Shreekant Sambrani.
AY.12, a sub-lineage of Delta which is driving fresh cases in Israel, is being seen in many states in the country but the numbers need a closer examination, INSACOG, a genome sequencing consortium, has said in its latest bulletin.
Indian shoppers accounted for 13 per cent of the total hours spent by mobile users across the globe on their shopping apps in 2023, next only to China in this regard. According to the "State of Mobile -2024" report released a few days ago by data.ai (previously known as App Annie), which looks into various segments of the app economy across the world, in the last calendar year, users in India collectively spent 12.84 billion hours on shopping apps. This represents an increase of over 73 per cent from the time they spent in 2020 and of more than 3.5 per cent over 2022.
The new scheme may be announced before the Lok Sabha elections.
Indian cricket fraternity reacts to Silkyara tunnel rescue
The benchmark indices are set to end their five-month gaining streak, but the market breadth continues to hold strong So far this month, stocks gaining have outnumbered those declining, a sign that the bulls still have the upper hand, even as the pullback in the S&P BSE Sensex and the National Stock Exchange Nifty indicates otherwise. On the BSE, 2,126 stocks have advanced and 1,955 have declined in August, translating into an advance/decline ratio (ADR) of 1.1.
'It's dull because this time the election is spread over such a long period.'
Assuming we still have a Modi-led majority government after May 2024, there is no guarantee that reforms will move at anything more than a snail's pace, though we must be thankful even for that, notes R Jagannathan.
'Rather than taking a very short-term view on the markets, equity investing should be premised on longer term growth opportunities.'
Amit Shah wants to increase the party's nationwide vote share by at least 10 per cent from the 37.7 per cent it secured five years ago and ensure above 50 per cent vote share in the states where it came close to that benchmark, but couldn't cross it.
The state governments and UT administrations should strictly enforce the test-track-treat protocol in all parts of the country, ensure observance of COVID-19-appropriate behaviour by everyone and, scale up the vaccination drive to cover all the target groups, the guidelines said.
'Right to apprenticeship means that anyone below the age of 25 years with a diploma or other qualifications can demand an apprenticeship with a private, a public sector company or a government organisation. And when he/she demands this, it is the obligation of the government to provide it.'
'Everyone knows there is no point in contesting elections from Gujarat as a Congress candidate because they know they will be wiped out.'
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.
The government on Thursday imposed import restrictions on laptops, tablets, all-in-one personal computers, ultra small form factor computers, and servers with immediate effect. The Directorate General of Foreign Trade (DGFT) in a notification said exemption from import licensing is provided up to 20 items per consignment for R&D, testing, benchmarking and evaluation, repair and return and product development purposes.
With the Omicron variant of coronavirus slowly spreading its tentacles in the country, a number of states enhanced surveillance to trace, track and quarantine contacts of COVID-19 positive persons while Delhi began genome sequencing of samples of all infected people and has prohibited Christmas and New Year gatherings.
The Arunachal Pradesh government has launched an ambitious plan to build 50 mini hydropower projects along the border with China for electrification of remote villages that are facing challenges of poor connectivity and mountainous terrain.
'ELECTION INTERFERENCE! NEVER SURRENDER!' Trump wrote while sharing the mug shot photo on X.
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