'While the Budget would be growth-friendly, it would not come at the expense of an increase in the fiscal deficit.'
On Tuesday, the AIIMS also issued a statement that the e-hospital data has been restored.
While the proposed new tax regime is optional for taxpayers, the finance minister has said the government eventually wants to do away with all exemptions with a lower tax-rate simplified structure.
Maharashtra CM Uddhav Thackeray said cinema halls and drama theatres in the state will be permitted to operate from October 22 on the condition that they follow all the protocols required to prevent the spread of coronavirus.
'You may see some movement indicating a simpler tax regime with less exemptions but with fewer tax rates making life simpler for taxpayers.'
The Arvind Kejriwal-led AAP criticised the move, claiming the BJP was promoting curbs on the free will of citizens.
The markets may be entering a consolidation phase and are expected to trade sideways for now after a good run in the last few weeks, suggest analysts. In this backdrop, they suggest investors can book profits at the current levels and enter the market again on a decline from a medium-to-long term perspective. Thus far in fiscal 2023-24 (FY24), the S&P BSE Sensex has moved up around 5 per cent to nearly 62,000 levels.
As rural areas see a rise in COVID-19 cases, the Centre on Sunday issued new guidelines for containment of the virus advising that peri-urban and rural areas plan a minimum 30-bedded COVID Care Centre for asymptomatic cases with comorbidities or mild cases where home isolation is not feasible.
The state's revenue receipts might not afford various freebies announced by the parties, unless revenue deficit and hence fiscal deficit is widened.
REITs, a new investment avenue in India on the lines of one in developed markets like the US, UK, Japan.
The SAI has formulated a detailed draft of the Standard Operating Procedure (SOP) to be followed before reopening of its training centres by the end of this month, as suggested by Sports Minister Kiren Rijiju but subject to clearance from the Health and Home ministry.
Dismissing his Assam counterpart's claim, Meghalaya Chief Minister Conrad K Sangma on Tuesday asserted in the assembly that Mukroh village on the disputed inter-state border, where a violent clash claimed six lives last year, is a part of the hill state.
Opposition Congress targeted Bengaluru South MP Tejasvi Surya, amid reports that the passenger, who accidentally opened the emergency exit of the plane was the Bharatiya Janata Yuva Morcha chief.
The Sports Authority of India (SAI) on Monday said it has decided to close its 67 training centres across the country due to rising COVID-19 cases but national camps for elite athletes will continue in bio-bubbles.
Kiran More has tested negative thrice in RT-PCR tests after completing his isolation.
'The government has just scratched the tip of the surface with the recent announcement. They are not realising the gravity of the situation.'
The party workers recall that in the run up to the assembly elections, Chief Minister Arvind Kejriwal and other AAP leaders had in their interactions with voters during poll rallies had duly emphasised upon various Delhi government schemes, providing for a host of services to people either free of cost or at a highly subsidised rates.
Temples and other religious places of worship were closed for darshan since March 24, when the state government enforced a total lockdown. However, the government permitted all religious activities including daily puja in the temples by the priests.
Nirmala Sitharaman's messaging was clear when she presented a well-balanced Budget with an eye on state elections in nine states followed by a general election next year, observes Ramesh Menon.
Performance-based incentives were recommended by the 13th Finance Commission, but omitted by the 14th Finance Commission
Observing that MSME sector plays an important role in the growth of the Indian economy, RBI said the restructuring of the borrower account has been extended by further one year to March 31, 2021.
The SOPs, issued against the backdrop of the government's plans to open up the economy, say an entire office building need not be closed if one or two cases of COVID-19 are reported there and work can resume after disinfection as per the laid down protocols. However, if there is a larger outbreak, the entire building will have to be closed for 48 hours and all the staff will work from home till the building is adequately disinfected and is declared fit for re-occupation, the ministry said in its 'SOPs on preventive measures to contain spread of COVID-19 in offices'.
The Bharatiya Janata Party's comprehensive defeat to the Congress in Karnataka where the two parties ran a campaign of contrasts has left the ruling party much to ponder as the two rivals are facing a direct contest in three more state polls this year in the run-up to the all-important 2024 Lok Sabha elections.
Narinder Batra said that the government is supporting all sports in the country and there is a lot of positivity among players and they want to get back on the track.
After the Maharashtra government revised the guidelines on quarantine for international passengers in view of concerns over the Omicron variant, the Centre on Wednesday asked the state to align its order with the SOPs issued by the Union Health Ministry.
"The Congress have gone and made promises in Punjab, Rajasthan and Chhattisgarh that they never fulfilled," Rajeev Chandrasekhar claimed.
The committee has also detailed the scope and applicability of the SOP. It has been clarified that the SOP would be applicable to athletes and all other stakeholders involved in the training including the National Sports Federation (NSF).
The BCCI will reschedule Wednesday's IPL match between Chennai Super Kings and Rajasthan Royals as CSK players have been forced into hard quarantine after Bowling Coach Lakshmipathy Balaji tested positive for COVID-19.
Health Minister Vishwajit Rane, however, did not specify when its implementation is likely to start. He said that he has discussed the issue with Chief Minister Pramod Sawant.
Archer Kapil, who is part of the ongoing national camp at the Army Sports Institute (ASI) in Pune, has tested positive for COVID-19.
India also slammed Pakistan Prime Minister Shehbaz Sharif for raking up Jammu and Kashmir at the UN.
'Investors should continue to invest because you are looking at the long-term; in the next four to five years, we are bound to outperform (the rest of the world equity markets).'
Indian IT companies like Tata Consultancy Services, Infosys, HCL Technologies and others have taken the buyback route to return some wealth to their shareholders, while potentially boosting their stock prices.
A government school teacher-turned Lashkar-e-Tayiba terrorist was arrested for allegedly carrying out multiple blasts, including one in a bus carrying Vaishno Devi pilgrims, with the intention to damage communal harmony and revive terrorism in the Jammu region, J-K Director General of Police Dilbag Singh said on Thursday.
The helpline number, if introduced, will be a part of the board's Standard Operating Procedure (SOP) for the lucrative tournament, which will be held in the UAE from September 19.
FDI is a major driver of economic growth and a source of non-debt finance for the economic development of the country. The government has put in place an investor-friendly policy on FDI, under which investment up to 100 per cent is permitted on the automatic route in most sectors/ activities. At $ 64.37 billion, FDI in 2018-19 is the highest ever investment received for any financial year.
Finance Minister Nirmala Sitharaman's Budget speech on Wednesday was marked by the usual thumping of benches by the ruling alliance members, but the loudest cheer was reserved for her announcement of income tax relief, which was welcomed by 'Modi, Modi' chants in Lok Sabha that also witnessed a few instances of protest by the Opposition.
The Naxalites carrying sophisticated weapons, including AK-47 rifles, targeted the two unarmed cops when they had just reported for duty at the mobile check-post on the inter-state border, an area that has witnessed a Maoist attack after a long time, they said.
At Prestige Polygon Towers in Chennai's Teynampet, hectic preparations are on for a mega global investors' meet under the aegis of Guidance Tamil Nadu (the state investment promotion agency) scheduled for January 2024. Asked about the key focus areas of the meet, the agency's managing director and chief executive officer, V Vishnu, said the state was betting big on electric mobility. This is no surprise, given that the state has signed electric vehicle (EV)-related memorandums of understanding (MoUs) with several companies in the recent past that may bring in investments worth around Rs 33,000 crore with the potential to create over 43,000 job opportunities.
The incident happened while the Kochi-bound Boeing 737-800 aircraft was taxiing and after the warning, the passengers were evacuated as a precautionary measure, the source said.
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