'...Market-linked debentures, high-value insurance, exemptions from capital gains by investment in real estate, etc.' 'So, there are a number of measures directed at collecting a fair share from higher income individuals.'
At the customary post-Budget media interactions, Finance Minister Nirmala Sitharaman and her topmost bureaucrats touched upon a number of issues. The minister said the government taxing income from digital virtual assets did not give them legitimacy and that issue was being dealt separately in the planned cryptocurrency Bill. She also expressed confidence that the Budget targets were achievable.
Describing Lord Buddha as the inspiration for India's Constitution even today, Prime Minister Narendra Modi on Wednesday said Buddha resides in the soul of humanity and connects different cultures and countries.
Make sure to visit this monastery-turned-snake sanctuary when you go to Myanmar.
The external environment has worsened further. While the Finnish economy entered into a recession, Swedish economic growth also dipped. The Finnish gross domestic product (GDP) dropped 0.6 per cent in October-December, 2022. It was the second quarter of negative growth, which is a technical definition of recession.
'Nirmalaji must consider herself a very lucky finance minister, partly because of the government's response to covid and partly because we as a nation have done very well as an economy, post pandemic.'
Get ready to pack your bags!
'Jim Corbett was a remarkable man. There's a history behind Corbett and he deserves the honour of the area being the Jim Corbett National Park.'
Every week, we bring you fascinating videos, chosen by you, through your likes.
'He will consolidate the Russian hold over the Eastern Russian majority provinces in Ukraine and quickly withdraw from the rest of Ukraine.' 'At all costs, the Russians should avoid attacking and capturing urban areas, else they risk getting into a quagmire,' cautions Colonel Anil A Athale (retd).
President Ram Nath Kovind presented Padma awards to 73 individuals, some posthumously, at a ceremony held in the Rashtrapati Bhavan here on Monday.
Germany's left-leaning, Social Democrats Party (SPD) won in the German federal election with over 25 per cent votes, but uncertainty remains over the next leader as results showed that the party won narrowly.
Addressing the nation on Independence Day, the prime minister also spoke on renewable energy and the need to maintain a balance between development and the environment. Referring to the National Clean Air Programme (NCAP), launched in January 2019, Modi said, "A special campaign is being worked out to reduce pollution in 100 selected cities with a holistic approach."
The Budget oration of the finance minister and the confidence with which she delivered it, along with the measures and the recent upsurge in the economy would all contribute to unleashing the storied 'animal spirits' and help the economy run on the growth path quite smoothly. Or so the government hopes, notes Shreekant Sambrani.
What would an Indian American president of the US look like, sound like and act like, especially on issues and policies pertaining to his or her 'mother-land'?, asks N Sathiya Moorthy.
It would be the biggest Conservative victory since 1987, the poll suggests.
Theresa May on Wednesday became Britain's second woman prime minister after Margaret Thatcher.
If the impact of the Greece crisis spreads across Europe and parts of the world which are more interconnected than ever before, India cannot hope to be insulated, says Paranjoy Guha Thakurta.
Political power has now been outsourced fully to the Modi government. Even if the RSS is still, in principle, his guru, nobody would dare to whisper a word of advice to Modi, forget some whiff of criticism. When the shishya grows into such a popular and domineering leader, the guru has to applaud from the sidelines, points out Shekhar Gupta.
Tens of thousands of people on Sunday braved heavy rains to bid a teary adieu to Singapore's founding leader Lee Kuan Yew in a grand funeral attended by many world leaders, including Prime Minister Narendra Modi
As a politician, Yadav is amiable and a consensus-maker, not hamstrung by dogma.
There is no direct impact of the Russia-Ukraine crisis on India in terms of bilateral trade but a surge in oil prices poses considerable risk to the economy, an analyst report said on Friday. International oil prices which have surged past $100 per barrel "pose risks to external stability and currency movement," a Bank of Baroda Economics Research report said. Russia has launched military operations against Ukraine, stoking fears of significant disruption in the region, including loss of life. The West is ramping up financial sanctions against Russia and support for Ukraine.
The government was also faced with problems on its balance of payments. It took steps to conserve declining foreign exchange reserves, and began to regulate the production, supply and distribution of gold. It banned forward trading in the yellow metal in November 1962, and introduced gold bonds as well, reveals the RBI's annual report for the year ending June 1963.
Dhruv Munjal gets up close and personal with Chandro and Prakashi Tomar, the inspiration for Saand Ki Aankh.
The European Parliament has urged India and Pakistan to resume dialogue in pursuit of a peaceful solution in Kashmir, while urging for 'normalcy' in the region.
With his name or without, Jim Corbett continues to live on in his home in Uttarakahand's Kaladunghi and in the jungles he loved.
Democracy is the heart of our body politic and elections are its life blood. Because there is some disease that affects it, we cannot apply leeches to drain it off, killing the body in the process, asserts Shreekant Sambrani.
Fadnavis said preliminary reports made available to him stated that the tigress was shot after she attacked the forest staff trying to tranquilise her.
Laxmi Sorte and Kaustav Ghosh are on a 101-day road trip across India to support and encourage local businesses affected by the pandemic.
The manifesto also commits Labour to constitute a judge-led inquiry into Britain's "injustices of the past", including a public review of the country's role in Operation Blue Star -- referred to as the "Amritsar massacre".
The Republic Day parade, which will begin at around 1030 am, will be a unique mix of the country's military prowess and cultural diversity, depicting the country's growing indigenous capabilities, Nari Shakti and emergence of a 'New India'.
Stocks mutual funds had invested in had risen almost to pre-pandemic levels in March.
'It was a result of a fundamental Jewish value of kindness and concern.' 'A value that extends beyond our own and on the premise that when we are ok, we are supposed to look up and look around to see who is not.' 'And do something about it.'
'Since the NDA took office in 2014, and aggressively since 2019, the Union government seems hell bent on centralising all power and resources, only to fail spectacularly.'
Shankar Acharya gives ten predictions on key politico-economic developments in the world and ten for India.
Johnson, the former foreign secretary, secured 92,153 votes against 46,656 of his rival Jeremy Hunt in the battle for 10 Downing Street.
'Elements like the LeT may see the fight against the coronavirus as an opportunity of a lifetime,' warns Colonel Anil A Athale (retd).
Claude Arpi, who spent 10 days in the Land of the Dragon, tells us how Bhutan is different from the rest of the world.
The winners of the 60th annual World Press Photo Contest have been announced. The winning shot was taken by Turkish Associated Press photographer called Burhan Ozbilici, with an image he has simply titled An Assassination in Turkey. Showing Mevlut Mert Altintas shouting after shooting Andrei Karlov, the Russian ambassador to Turkey, at an art gallery in Ankara, Turkey, on December 19 2016.
India has much paranoia in India about a new 'Terroristan' coming up between Pakistan and a Taliban-ruled Afghanistan. Pakistan has zero ability economically, diplomatically, geostrategically or militarily to create one. If they try, it will be great for India as they will destroy themselves yet again, asserts Shekhar Gupta.
