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Government proposes legislative changes for ‘efficient’ funding of aircraft leasing

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Union Finance Minister Nirmala Sitharaman during the ongoing monsoon session of Parliament. | Photo Credit: ANI Finance Minister Nirmala Sitharaman proposed legislative support to provide financing for leasing aircraft and ships in India in a bid to protect airlines from foreign exchange risks. “We will seek the required legislative approval for providing an efficient and…

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Business

FM proposes hike in STT on F&Os to discourage retail participation

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Union Finance Minister Nirmala Sitharaman. | Photo Credit: PTI Finance Minister Nirmala Sitharaman on July 23 proposed to increase the rate of securities transaction tax (STT) on futures and options (F&O) trade to discourage retail investors’ participation in the risky instrument. “It is proposed to increase the rates of STT on the sale of an…

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Business

Pakistan vs UAE, Women’s Asia Cup 2024 Highlights: Muneeba Ali, Gull Feroza Shine As Pakistan Beat UAE By 10 Wickets

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PAK vs UAE, Women’s Asia Cup 2024: Pakistan won by 10 wickets© X (Twitter) Pakistan vs UAE, Women’s Asia Cup Highlights: Muneeba Ali and Gull Feroza’s solid partnership helped Pakistan defat UAE by 10 wickets in their Women’s Asia Cup 2024 match on Tuesday in Dambulla. Chasing 104, Pakistan looked confident with the…

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Sports

Budget provides customs duty exemptions for three cancer treatment drugs

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Union government has continued its emphasis on tackling non-communicable diseases, and allocating funds for research in the healthcare sector, with Finance Minister Nirmala Sitharaman on July 23 announcing customs duty exemptions on three cancer treatment drugs — Trastuzumab Deruxtecan, Osimertinib, and Durvalumab. | Photo Credit: Getty Images/iStock The Union government has continued its emphasis on…

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Business

Sensex, Nifty settle marginally down in volatile trade on eventful Budget day

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People walk past the Bombay Stock Exchange (BSE) building in Mumbai. | Photo Credit: REUTERS Benchmark Sensex and Nifty settled marginally lower in volatile trade on Tuesday as the government proposed to hike securities transaction tax on futures & options in the budget for 2024-25. Recovering most of its intra-day losses of over 1,200 points,…

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Business

India vs Nepal Live Streaming Women’s Asia Cup Live Telecast: When And Where To Watch Match?

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India vs Nepal LIVE Telecast, Women’s Asia Cup T20, 2024© X (Twitter) India vs Nepal, Women’s Asia Cup 2024 Live Streaming: India take on Nepal in their next match of Women’s Asia Cup 2024 on Tuesday in Dambulla. India come to this clash after defeating United Arab Emirates by 78 runs. Earlier, they also…

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Sports

Union Budget 2024-25: Nepal, Sri Lanka, Seychelles get more funds under Budget allocation for MEA

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External Affairs Minister S. Jaishankar. | Photo Credit: ANI India-funded projects in the neighbourhood received the bulk of the allocation for the Ministry of External Affairs (MEA) under the Union Budget presented by Finance Minister Nirmala Sitharaman on Tuesday. Nepal secured an allocation of ₹700 crore, which is a jump of ₹150 crore from previous…

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Business

18% hike for Department of Space in Union Budget, lion’s share for development of space technologies

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Union Finance Minister Nirmala Sitharaman addresses a post-Budget press conference in New Delhi on Tuesday. | Photo Credit: PTI The Department of Space received an 18% hike over its expenses in 2023-2024 in the 2024-2025 Union Budget presented by Finance Minister Nirmala Sitharaman on Tuesday. The bulk of the hike goes towards the development of…

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Science

“Have Two Assistant Coaches”: Gautam Gambhir Confirms His Support Staff

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Gautam Gambhir and Ajit Agarkar in press conference© X (Twitter) India head coach Gautam Gambhir, speaking to media on Monday, confirmed the names of two assistant coaches that the Board of Control for Cricket in India (BCCI) has approved. Though the complete list of coaches will be confirmed only after the Sri Lanka…

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Sports

A budget that will empower all sections of society: PM Modi

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Prime Minister Narendra Modi speaks on the Union Budget in New Delhi on July 23, 2024. | Photo Credit: ANI Prime Minister Narendra Modi praised the Union Budget presented by Finance Minister Nirmala Sitharaman on July 23 as one that will empower all sections of society. “This is a budget that will take the country’s…

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