India is a global leader in software development services, IT enabled services, knowledge process outsourcing services and contract R&D services relating to software development, Sitharaman said noting these business segments are quite inter-connected with each other.
India's high cost of capital due to relatively shallow corporate bond markets, limited institutional investor depth, sovereign risk premia, and regulatory restrictions on capital flows, is a constraint on private investment and long-run growth, the Economic Survey, authored by Chief Economic Advisor (CEA) V Anantha Nageswaran, said.
Union Home Minister Amit Shah criticizes Kerala's ruling Left government over the Sabarimala gold loss case, demanding a neutral investigation and accusing the government of protecting the real culprits. He also signals the start of the BJP's campaign for the upcoming Assembly elections.
Speculation about rising competition from global majors has led to shares of major Indian automobile manufacturers such as Mahindra & Mahindra (M&M), Maruti Suzuki India, and Tata Motors taking a hit on the BSE.
With the Union Budget three months away, major industry chambers have submitted to the government proposals on common taxes, seeking simpler compliance and a quicker resolution of tax disputes.
'Our attempt to honour the taxpayer has been since 2014 and more actively since 2019-2020 onwards.'
Nirmala Sitharaman moved into her Kartavya Bhavan office on October 2, in time to get the work on the Budget 2026-2027 going.
'It's fitting that we're coming together on the birthday of Mahatma Gandhi. The ideals he championed, the equality and dignity of every person, are foundational to the work we do.'
The broader theme of the performance will be -- 'Swatantra Ka Mantra - Vande Mataram' and 'Samriddhi Ka Mantra - Viksit Bharat', officials said.
The Union Minister for Youth Affairs and Sports, Dr Mansukh Mandaviya, met with the Indian Golf Premier League (IGPL) co-founder and ambassador, Yuvraj Singh and CEO Uttam Mundy at his office and praised the efforts being made to promote the sport across India.
Gourav Vallabh joined the Bharatiya Janata Party on Thursday hours after he quit the Congress, saying he can neither raise anti-Sanatan slogans nor abuse "wealth creators" day in and day out and was joining the ruling party due to his support for Prime Minister Narendra Modi's agenda of "Viksit Bharat".
The government aims to initiate "transformative reforms" across six domains, including taxation and financial sector, in Union Budget 2025-26, Finance Minister Nirmala Sitharaman said on Saturday.
A nationwide strike called by central trade unions saw a mixed response across India, impacting various sectors and states differently, with some areas experiencing disruptions while others remained largely unaffected.
Modi also slammed the "negative politics" of some parties and said they used Parliament's time to hide their failures.
President Droupadi Murmu addressed the nation on the eve of Independence Day, praising the response to terrorism, highlighting achievements in defense self-reliance, and emphasizing unity and progress.
Budget 2025 lays down a transformational roadmap for India's digital and economic future, focusing on AI-driven enterprise modernisation, workforce skilling, and sustainable innovation. With bold investments in AI, digital infrastructure, and ease of doing business, the government has set the stage for businesses to scale, innovate and compete on a global level.
Defence Minister Rajnath Singh on Sunday said it is his responsibility to work with the armed forces and give a "befitting reply" to those who cast an evil eye on India, his remarks coming in the backdrop of the recent Pahalgam terror attack. Singh's assertion came as India is mulling retaliatory measures against Pakistan in view of the cross-border linkages to the April 22 Pahalgam terror attack that has killed 26 people, mostly tourists. He said, "As the defence minister, it is my responsibility to work with my soldiers and ensure the protection of the country's borders. And it is my responsibility to give a befitting reply, by working with the armed forces, to those who cast an evil eye on our country."
Two modules published by the NCERT, Swadeshi: Vocal for Local (for middle stage) and Swadeshi: For a Self-Reliant India (for secondary stage), carry excerpts from the prime minister's Independence Day address in which he stressed that self-reliance would drive India's journey towards a Viksit Bharat.
Chief ministers of three Congress-ruled states -- Karnataka's Siddaramaiah, Himachal Pradesh's Sukhvinder Singh Sukhu and Telangana's Revanth Reddy -- have announced they will not attend the NITI Aayog meeting over alleged bias against their states in the Union Budget.
Defence Minister Rajnath Singh addressed the Police Commemoration Day, highlighting emerging security threats such as terrorism, organized crime, and border instability. He emphasized the importance of internal and external security for India's development and commended the police for their efforts in maintaining peace and combating Naxalism.
Karnataka Deputy Chief Minister D K Shivakumar met Congress President Mallikarjun Kharge, leading to speculation about a change in chief minister. Shivakumar denies discussing political matters, focusing on the MGNREGA replacement.
Government departments have been tasked with identifying major goals, which will include annual targets from the financial year 2024-2025 to 2028-2029.
The GR says that shops and commercial establishments may remain open on all days of the week, provided that every employee is allowed a continuous rest period of at least 24 hours in a week.
This comes a day after President Droupadi Murmu gave her assent to the Viksit Bharat Guarantee for Rozgar and Ajeevika Mission (Gramin) (VB-G RAM G) Bill, which replaces the MGNREGA and has a provision for 125 days of wage employment for rural workers.
Thrust on infrastructure and capital expenditure is expected to continue in the Union Budget for FY25.
'There is a challenge in repositioning yourself, maybe reinventing yourself.'
Over 5,000 folk and tribal artists from across India performed 45 dance forms during the 76th Republic Day celebrations. The 11-minute cultural performance, titled "Jayati Jaya Mamah Bharatam," was curated by the Sangeet Natak Academy and showcased the rich legacy of tribal and folk art forms. The choreography celebrated themes of "Viksit Bharat," "Virasat bhi Vikas bhi," and "Ek Bharat Shreshtha Bharat." The performance, which covered the entire Kartavya Path for the first time, highlighted youth power, artistic heritage, and women empowerment.
Prime Minister Narendra Modi said on Thursday that India and the United States have set a $500 billion target for bilateral trade by 2030 and added that the teams of two nations will work together to finalise a mutually beneficial trade agreement.
In terms of MLA salaries, Odisha is followed by Telangana (about Rs 2.7 lakh), Maharashtra (Rs 2.6 lakh), Manipur (Rs 2.5 lakh), and Uttar Pradesh (Rs 2.4 lakh).
The invitation cards for the 79th Independence Day celebration also carry the Operation Sindoor logo, and the water mark of Chenab bridge to exemplify the rise of 'Naya Bharat'. Floral decorations at the venue will also be based on 'Operation Sindoor'.
The Cabinet also initiated the process of notifying the dates of the seven-phase parliamentary elections by sending the Election Commission's recommendation to President Droupadi Murmu.
Construction major L&T is gearing up to expand its footprint in the global nuclear supply chain, a senior company official has said, while calling for amendments to key legislations on the domestic front to pave the way for the entry of private players and foreign capital necessary for capacity enhancement.
The Uttar Pradesh government has said that over 65 crore people visited the sacred site in Prayagraj since the Maha Kumbh began on January 13.
In his first address to the nation after Operation Sindoor, the prime minister said on Monday that for India to uphold peace, it must be strong, and when necessary, that strength must be exercised.
"My interview was on March 21, 1977. That was the day the Emergency was revoked. Revoked! So, I go in for an interview at Shahjahan Road... First person that morning," recalls Jaishankar, now 70.
If the Somnath temple, which was attacked 1,000 years ago and faced continuous attacks thereon, could rise again and again, then we can surely restore our great nation to the glory it embodied 1,000 years ago before the invasions, asserts Narendra Modi.
Confident of securing a massive majority in the upcoming Lok Sabha elections, Prime Minister Narendra Modi on Wednesday outlined his vision for his next five-year term saying the Modi 3.0 government will put all its might to strengthen the foundation of 'Viksit Bharat' or a developed nation.
The passing of bills without Parliament, including the treasury benches, having any real understanding of what they contained through any rigorous process has accelerated through the Modi era, points out Aakar Patel.
Congress leader Priyanka Gandhi Vadra criticizes the government's proposed bill to replace MGNREGA, arguing it weakens the guaranteed 100 days of employment for the poor and centralizes control over the scheme.
'We kept this Budget on a larger plank, rather than on one incident, however serious.'
