Finance Minister Nirmala Sitharaman on Wednesday said the Union Budget strikes a fine balance between growth, employment, and fiscal consolidation, and promotes cooperative federalism. Replying to the discussion on the Union Budget 2024-25 and Union Territory of Jammu and Kashmir Budget in Rajya Sabha, the minister said the government is on track to achieve the pre-announced fiscal deficit target of 4.5 per cent by 2025-26. Sitharaman, also a former defence minister, said the Agniveer Scheme to recruit... Читать дальше...
A total of 377 people have died from 2019 to 2023 while hazardous cleaning of sewers and septic tanks but there is no report of practice of manual scavenging in the country, the Rajya Sabha was informed on Wednesday. Responding to a question in the House, Minister of State for Social Justice and Empowerment Ramdas Athawale listed the steps taken for effective implementation of Prohibition of Employment as Manual Scavengers and their Rehabilitation Act 2013. In response to another question on the number of people engaged in manual scavenging... Читать дальше...
The stock remains expensive in terms of valuations but the strong growth expectations have led to bullish analyst recommendations
India now has 117 crore mobile connections and 93 crore internet connections, Telecom Minister Jyotiraditya Scindia said in the Lok Sabha on Wednesday while noting that call rates in the country are one of the lowest in the world. Scindia said the cost of call for every minute was 53 paisa and it has come down to just 3 paisa now, which is a 93 per cent reduction, one of the lowest rates in the world. At present, India has 117 crore mobile connectivity and 93 crore internet connections, he said. He said the cost of one GB data is Rs 9.12... Читать дальше...
India's smartphone shipments fell two per cent year-on-year in June quarter, hurt by the heatwave and slower demand, as per a report by global research firm Counterpoint that showed Xiaomi reclaimed top spot in volume share and Samsung led in value terms. Notably, 5G smartphones captured their highest-ever share of 77 per cent in the overall shipments, according to Counterpoint's Monthly India Smartphone Tracker. Another key takeaway was that India's smartphone market hit its highest ever Q2 value, driven by the ongoing trend of premiumisation.
Amid strained India-Maldives ties since last year, during the January to July period of this year, Indian arrivals to the Maldives declined to approximately 71,000 from 110,000 the previous year
Budget with BS: The Fine Print: 'Atithi Devo Bhava' is good for tourism not for financial markets; there should be no differential treatment, said Nilesh Shah, managing director of Kotak Mutual Fund
Banks and the National Payments Corporation of India (NPCI) are required to comply with these directions within three months from the date of issue of the guidelines
Meanwhile, Advocate General of Odisha Pritambar Acharya appeared in a dilemma when the court asked him whether the judgment should apply retrospectively or not
There is a lot of liquidity, shift from bank deposits to financial markets and capital formation is finally happening, said Motilal Oswal's Raamdeo Agrawal at 'Budget with BS: The Fine Print' event
HR experts concurred that the fiscal year 2024-25 will be better than the last fiscal. The total intake from campuses for the sector may hover around 100,000-120,000, according to estimates by Xpheno
However, the CGA data which uses interim budget figures shows that the centre's fiscal deficit stood at 8.1 per cent in Q1 FY25
Brokerage Angel One on Wednesday announced a Rs 250 crore investment into its wealth management arm with an eye to capitalize on the growing affluence in the country. The capital will be deployed to develop core technological infrastructure, leveraging AI and analytics, expand presence in key markets and develop product strategies, as per an official statement. Angel One Wealth has three business verticals, including HNI (high net-worth individuals), UHNI (ultra HNI) and alternate assets, it said. Читать дальше...
The tax demand relates to services availed by the IT services conglomerate from its overseas branches for five years starting 2017
Revenue from operations jumped 14 per cent to Rs 2,138 crore, while cost of materials consumed fell to Rs 468 crore
Growth in personal loans; credit to NBFC down sharply
Nothing launched the Phone 2a Plus at Rs 27,999 onwards. OpenAI releases advanced voice mode in ChatGPT for Plus users. Garmin announces a price cut on Forerunner 165 series GPS smartwatch
Sequentially, the revenue was down 6.7 per cent while net profit was up 56.9 per cent
Further, the first factor of authentication and the AFA would have to be from different categories, the RBI has stated
Bengaluru (Karnataka) [India], July 31: Manipal Academy of Higher Education (MAHE) has launched a Postgraduate Certificate Program in Entrepreneurship & Innovation (PGCP-E & I). This online program has been launched on http://www.onlinemanipal.com and https://mahe.onlinemanipal.com/.
The Centre has chalked out a robust security strategy for Jammu region, with the deployment of SOG camps, training village defence committees, and increasing BSF presence to counter terror
World's biggest rice exporter imposed various curbs on exports in July last year and continued them in 2024 in an effort to keep local prices in check ahead of the general elections held in April-May
Paralympic medallist Deepa Malik praised ace shooter Manu Bhaker, who became the first athlete in independent India to win two medals in the same Olympics. Manu has won bronze in both 10m air pistol for women and mixed team event with Sarabjot Singh. Manu will compete in the 25m sports pistol qualifications on August 2. "I heartily congratulate Manu Bhaker. She is a very bright girl and I am glad she never gave up after her Tokyo heartbreak. She has emerged stronger and given India true joy to smile and celebrate. Читать дальше...
Covered with pins and adornments, Vivianne Robinson is hard to miss in the streets of Paris. The Olympics superfan has attended seven Summer Games for 40 years. But, this trip to Paris came at a hefty price. Robinson, 66 and from Los Angeles, maxed out her credit cards and worked two jobs to afford the trip and the 38 event tickets she purchased. She worked on Venice Beach during the day, putting names on rice necklaces, and bagged groceries at night. She said she has to work two more years to make... Читать дальше...
Novak Djokovic needed a bit of time to assert himself Wednesday at the Paris Olympics before taking control with a five-game run for a 7-5, 6-3 victory over Dominik Koepfer of Germany, reaching the Summer Games singles quarterfinals for the fourth time. A gold medal is pretty much the only accomplishment of significance missing from the resume of Djokovic, a 37-year-old from Serbia who has won a record 24 Grand Slam titles and spent more weeks at No. 1 than anyone in the history of the computerized tennis rankings. Читать дальше...
