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New Delhi: Union finance minister Nirmala Sitharaman pointed out that her 82-minute Budget speech only covered the salient points, but a lack of mention of any scheme or state does not indicate exclusion. She also played down the mega package for Andhra Pradesh — ruled by ally Chandrababu Naidu — saying she merely highlighted the…
Railway Minister Ashwini Vaishnaw speaks on the Union Budget in New Delhi on July 23, 2024. | Photo Credit: PTI The Ministry of Railways has received a record allocation of over ₹2.55 lakh crore in financial year 2024-25, which is a jump of 5.85% from the previous year’s ₹2.41 lakh crore, according to Union Budget…
Read More “Budget 2024: With ₹2.65 lakh crore outlay, Railways to prioritise safety” »
Apple imports all the high-end iPhone Pro models that it sells in India (Representational) iPhone maker Apple is believed to be the biggest beneficiary of a 5 per cent reduction in import duty on mobile phones and the move could lead to savings of as much as $35 to 50 million for the tech titan,…
Read More “Apple To Be Biggest Beneficiary Of Import Duty Cuts In Budget 2024, Say Experts” »
New Delhi: The government’s flagship apprenticeship programme, which has become contentious after Congress claims of plagiarism, has some crucial fine print that Union finance minister Nirmala Sitharaman made clear at a post-budget interview today. Two are of particular interest — to the employees and their employers. While the government is willing to provide the first-timers…
Read More “Budget 2024: The Fine Print In Government’s Jobs Scheme: Nirmala Sitharaman Explains” »
New Delhi: Job creation as the focus of this year’s budget and the Centre’s much publicised spends on infrastructure became the two key issues over which Congress’s Shashi Tharoor and the BJP’s Jay Panda butted heads this evening, each expressing views that are polar opposites. The huge push for internship and jobs for first-timers has…
Read More “Shashi Tharoor vs Jay Panda On Jobs Plan In Budget” »
New Delhi: The first budget of the third term of Narendra Modi government bore a clear imprint of the recent Lok Sabha election, in which the BJP failed to gain majority on its own and had to depend on allies to form government. The reaction went beyond the special packages for Nitish Kumar’s Bihar and…
“I think it will have a huge impact across the economy,” the SBI chairman said. (File) Mumbai: SBI chairman Dinesh Kumar Khara on Tuesday lauded the budget for its inclusive approach and exuded confidence that the proposals will boost sagging consumption growth. In a conversation with PTI Videos, Dinesh Kumar Khara said banks will be…
Read More “SBI Chairman Hails Budget For “Very Inclusive” Approach” »
Odisha LoP Naveen Patnaik. | Photo Credit: PTI The Biju Janata Dal has lashed out at the Narendra Modi government accusing that Odisha’s demand for special category State status has been overlooked in the Union Budget while crores of funds have been allocated for Andhra Pradesh and Bihar. Reacting to the Budget, former Chief Minister…
Read More “Budget 2024: BJD flays Centre, says Odisha’s ‘special status’ demand ignored” »
Watch: Budget 2024: What’s in it for markets and investors? On July 23, the Finance Minister Nirmala Sitharaman presented the first full budget of the 3rd term of the NDA government. Here is the analysis of the proposals concerning the markets and investors. For deepening tax base the Finance Minister has proposed to increase Securities…
Read More “Watch: Budget 2024: What’s in it for markets and investors?” »
New Delhi: Senior Congress leader P Chidambaram – one of the was scathing in his attack on the Union budget today, questioning what data the BJP had to back their claims. Most of the claims made while presenting the budget, he said, were “as vague as vague can be”, and as example, cited the government’s…