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The first budget of Prime Minister Narendra Modi’s third term has been received with disdain by the newly-strengthened Opposition. While the Congress has been sharp in its criticism, its INDIA bloc allies have been unanimous that this is a “kursi bachao (save the chair)” budget. The term has been coined by Mamata Banerjee’s Trinamool Congress,…
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The Indian rupee, teetering at an all-time low, slipped further against the US dollar on Tuesday, pressured by the drop in local equities after the government in the Budget proposed raising the tax rate on capital gains. Finance Minister Nirmala Sitharaman on Tuesday said the government plans to raise capital gains exemption limit on certain…
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PM Modi said his government has focused on reducing the tax burden. Prime Minister Narendra Modi today said the Union Budget 2024 will benefit all sections of society and lay the foundation for a developed India. “This Budget will empower all sections of the society. It will benefit gaon, gareeb, kisaan (village, poor, and farmers)….
Villagers show lithium stones in Reasi district of Jammu (file photo) | Photo Credit: PTI Finance Minister Nirmala Sitharaman on July 23 announced to fully exempt 25 critical minerals from custom duties, and reduce basic custom duties (BCD) on two of them. “This will provide a major fillip to the processing and refining of such minerals…
More than 1,200 people detained over the course of the violence were held in Dhaka (file). Dhaka: The number of arrests in days of violence in Bangladesh passed the 2,500 mark in an AFP tally on Tuesday, after protests over employment quotas sparked widespread unrest. At least 174 people have died, including several police officers,…
Read More “Arrests Exceed Over 2500 Amid Unrest Over Employment Quotas In Bangladesh” »
Image used for representation purpose only. | Photo Credit: Reuters Finance Minister Nirmala Sitharaman, in her Budget speech on July 23, said the fiscal deficit for 2024-25 is estimated at 4.9% of GDP. Presenting the Union Budget for 2024-25, she said the government aims to reach a 4.5% fiscal deficit in 2025-26. Click here for…
A 117-member strong Indian contingent has reached France to begin their quest of medals at the 2024 Paris Olympics. In the last Olympic Games, held in Tokyo in 2021, Team India returned with 7 medals, with Neeraj Chopra’s gold in men’s javelin throw, arguably being the highlight. While Neeraj is a strong contender…
Read More “Paris Olympics 2024: State-Wise Distribution Of 117 Indian Athletes Participating” »
Tennis at the Summer Olympics is always one of the most anticipated events, but Paris 2024 might just take the cake. Numerous storylines from the world of tennis are in play, as the iconic Roland Garros welcomes the Olympics. The king of Roland Garros – Rafael Nadal – may be playing competitive tennis…
Read More “Paris Olympics 2024: Tennis – History, Rules, Defending Champions” »
Finance Minister Nirmala Sitharaman has changed the income tax slabs for the new tax regime which is likely to benefit taxpayers. Finance Minister Nirmala Sitharaman in her seventh Budget speech on July 23 revised the tax slabs under the new regime. She told the House that as a result of these changes, a salaried employee…
The government will develop a taxonomy for climate finance, Union Finance Minister Nirmala Sitharaman said in her Budget speech, in New Delhi on July 23, 2024. File (representational image) | Photo Credit: AP The government will develop a taxonomy for climate finance to help improve the availability of funds for adapting to climate change and…
Read More “Budget 2024: FM Sithraman says India to prepare climate finance taxonomy” »
