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Science and research should move out of elite institutions: URSC Director

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A representational photo of a child looking through a telescope. | Photo Credit: File photo M Sankaran, director of U.R. Rao Satellite Centre (URSC) of ISRO, feels there is a need for science and research to move out of elite educational institutions and organisations, and reach Tier-II and Tier-III cities in India. URSC is responsible…

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Highlights and key features of Interim Budget 2024

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Union Finance Minister Nirmala Sitharaman presents the Interim Union Budget 2024 at the Lok Sabha of the Parliament House in New Delhi. | Photo Credit: ANI Union Finance Minister Nirmala Sitharaman on February 2 presented the interim budget for 2024, ahead of the upcoming general elections. With no dramatic pre-poll sops the Ms. Sitharaman stuck…

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Success of India grounded in pursuit of reforms over last years: IMF MD

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International Monetary Fund (IMF) Managing Director Kristalina Georgieva | Photo Credit: REUTERS The economic success of India is grounded in the pursuit of reforms over the last years, Managing Director of International Monetary Fund (IMF) Kristalina Georgieva said on February 1 exuding confidence that it would achieve its goal of being a developed nation by…

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Increased infra spend to have multiplier effect says Tata Steel MD

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The announcement to increase the capital expenditure on infrastructure would have a multiplier effect on the nation’s overall economy, said Narendran, CEO and MD, of Tata Steel in his reaction to the interim budget which was presented by Finance Minister Nirmala Sitharaman on Thursday.  “The continued expansion of rural housing along with the proposal to develop three…

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Budget 2024 on welfare schemes: Expenditure cut or remain stagnant, say Left parties

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CPI (M) leader Sitaram Yechury and CPI leader D. Raja. File photo | Photo Credit: SHIV KUMAR PUSHPAKAR In a bid to reduce the fiscal deficit, the Union government has cut down on expenditure that has led to welfare schemes and capital expenditure being curtailed and this would negatively impact future growth and economic fundamentals,…

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Budget 2024 | The pace of fiscal consolidation took everyone by surprise

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Namrata Mittal | Photo Credit: Special Arrangement The 2024 Budget is a vote on account Budget, implying limited parliamentary discussion and hence an avoidance to tax modification at large. The primary objective is to seek permission to spend and collect receipts until the new government is formed. The underlying theme was clearly fiscal consolidation with…

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Budget 2024 | Expansion of capex outlay will boost infra sector

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The Interim Union Budget 2024, laid out by Finance Minister Nirmala Sitharaman on February 1, 2024, introduced several inclusive and growth-oriented measures that will foster sustainable and all-round development of the country. With a focus on delivering governance, development and performance, the Interim Budget focused on ensuring continuity of earlier reforms while also laying down…

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Budget 2024 | An action-oriented Budget, with the mantra of reforming, performing and transforming India

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File photo of Arunchati Bhattacharya, CEO & chairperson Salesforce India | Photo Credit: The Hindu India has showcased a robust and resilient growth story driven by perseverance, ingenuity, and vision. The 2024 interim Budget is an action-oriented one, with the mantra of reforming, performing, and transforming India. It is a Budget of confidence. It promises…

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