Category: Business

Business

India, Oman agree to amend tax treaty to promote greater cooperation

January 29, 2025 admin

Union Minister of Commerce and Industry Piyush Goyal meets Oman’s Minister of Commerce, Industry and Investment Promotion Qais bin Mohammed Al Yousef during his visit, in Muscat on January 27, 2025 | Photo Credit: ANI India and Oman have agreed to amend the DTAA to align it with international standards on cross-border taxation, simplifying procedures,…

Business

Sensex, Nifty rise in early trade on buying in IT stocks, firm global market trends

January 29, 2025 admin

image for representative purposes | Photo Credit: The Hindu Stock market benchmark indices Sensex and Nifty advanced in early trade on Wednesday (January 29, 2025) amid a rally in global peers and buying in IT stocks. The 30-share BSE benchmark Sensex rose 355.87 points to 76,257.28 in early trade. The NSE Nifty went up by…

Business

The Hindu’s updates on the rupee vs dollar on January 29, 2025

January 29, 2025 admin

A vendor counts Indian rupee notes in Mumbai. File photo | Photo Credit: AFP The rupee depreciated 4 paise to 86.61 against the US dollar in early trade on Wednesday (January 29, 2025), due to sustained foreign fund outflows, unabated dollar demand from oil importers and weak risk appetite. Forex traders said the rupee continued…

Business

Will the FY26 Budget reverse the decline in social sector spending?

January 29, 2025 admin

Village women work under MGNREGA scheme at Jagannath Prasad village in Odisha | Photo Credit: Gerra Madhusudan 10751@Chennai The share of the Union Budget allocated for the social sector has declined rapidly in recent years. Data show that the outlays to most schemes under the rural development, education, health, and social welfare heads have either…

Business

The Budget pipeline and India’s foreign policy ambitions

January 28, 2025 admin

‘The budget for the Ministry of External Affair deserves closer scrutiny’ | Photo Credit: The Hindu When the Union Budget is presented every year, most of the public attention often centres on taxation, infrastructure, and defence. In this, however, the budget for India’s Ministry of External Affairs (MEA) deserves closer scrutiny. Last year, the MEA…

Business

Share of Central release under National Health Mission seen 185% growth since 2014: Nadda

January 28, 2025 admin

Union Minister of Health and Family Welfare J.P. Nadda. | Photo Credit: ANI Health is a priority area and finance for this sector has never been an issue for the various programmes run by the Centre, said Health Minister J.P. Nadda on Tuesday (January 28, 2025) ahead of the Union Budget announcement scheduled for Saturday. The…

Business

Women’s organisations seek focus on increasing female workforce participation in Union budget

January 28, 2025 admin

Photo used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Women’s organisations and civil society members feel that increasing female workforce participation through employment-linked incentives, flexible work hours, and providing supportive infrastructure, including work site creches, should be a priority of the government in the upcoming Union budget. Even as the women’s groups lauded…

Business

Rupee falls 25 paise to close at 86.56 against U.S. dollar

January 28, 2025 admin

FIIs sold equities worth ₹5,015.46 crore net on January 27, 2025, according to exchange data. File Photo: S.R. Raghunathan/The Hindu The rupee depreciated 25 paise to close at 86.56 (provisional) against the U.S. dollar on Tuesday (January 28, 2025), as global risk sentiments were dampened amid tariff threats by the U.S. President Donald Trump. …

Business

Stock markets recover after two days of fall; banking shares lead gains

January 28, 2025 admin

Sun Pharmaceutical, Larsen & Toubro, ITC, HCL Technologies, NTPC, Power Grid, Nestle India, Tata Consultancy Services, and Asian Paints were among the laggards. File | Photo Credit: PTI Benchmark stock indices Sensex and Nifty rebounded on Tuesday (January 28, 2025) after two straight days of steep decline driven by intense buying in banking and rate-sensitive…

Business

Union Budget 2025: When and where to watch Finance Minister Nirmala Sitharaman’s presentation?

January 28, 2025 admin

Union Finance Minister Nirmala Sitharaman | Photo Credit: PTI Finance Minister Nirmala Sitharaman will present the Union Budget for the upcoming year on Saturday, February 1, 2025. The first part of the Budget session will begin on January 31 and conclude on February 13, 2025. The second part will begin on March 10 and end…

Business