Speaking at an event organised by domestic rating agency Careedge, Tewari said, "We have to look at various avenues for helping tide over the challenge posed by lower deposit growth", and specifically mentioned a request to get bank deposits at par with capital market investments while referring to CRR and SLR.
The BJP criticised Rahul Gandhi for alleged hypocrisy, sharing a video suggesting he travels in Emirates First Class while presenting himself as a champion of the poor. BJP media in-charge Amit Malviya accused Gandhi of duplicity, contrasting his public persona with his luxurious lifestyle. Gandhi recently met Indian Railways loco pilots, addressing their concerns about inadequate rest and working conditions.
The demand is to levy a uniform 10% tax (plus applicable surcharge and cess) on equities held for more than one year and up to three years on the capital gains exceeding Rs 2 lakh in a financial year. Moreover, a full exemption from capital gains tax if held for more than three years, by suitable amendments to section 112A.
Here’s a list of 6 stocks that have shown a positive closing for 7 or more times out of the last 10 Budget days.
Geopolitical tensions are intense and all over the place. The Middle East, the problems around Gaza which are now spreading across the region to Yemen and so forth, then geopolitical risk in terms of a change in the US administration and the possibility of, say, across-the-board tariffs. These are real risks that have to be reckoned with, says Abheek Barua.
Having made his debut at the 2010 World Cup, Sreejesh has been a part of various memorable wins for India, including gold in the 2014 Asian Games and a bronze medal in the 2018 Asiad in Jakarta-Palembang. He was also there in the joint winning team of the Asian Champions Trophy in 2018, besides the the 2019 FIH Men's Series Finals championside in Bhubaneswar.
Amid discussions on regulatory measures to deter retail traders from risking savings on F&O, the Economic Survey cautioned that traders facing losses could feel victimized by undisclosed influences. It also criticized market practices resembling highly leveraged bets seen as financial innovations in developed countries, deeming them unsuitable for a developing nation with low per-capita income.
On October 3, 2021, eight people, including four farmers, were killed in Tikunia in Uttar Pradesh's Lakhimpur Kheri district. The violence erupted when farmers were protesting against Deputy Chief Minister Keshav Prasad Maurya's visit to the area.
"This has reduced the logistics cost and increased the average distance trucks travel from 225 km before GST to 300-325 km," the Economic Survey 2023-24 tabled in Parliament said.
The BSP supremo said that it is essential for government employees to work within the framework of the Constitution and the law with impartiality for public interest and welfare. The Congress on Sunday had cited a purported government order issued last week to claim that a "ban" on the participation of government employees in the activities of the Rashtriya Swayamsevak Sangh (RSS) has been removed.
The Economic Survey highlights the need for reducing compliance burden on businesses, simplifying tax regime, and eliminating licensing to attract investment. Small and medium enterprises are particularly affected by the heavy burden. India Inc expects tax reforms and reduced litigation from the upcoming budget.
The central government has disbursed over Rs 63,000 crore to Andhra Pradesh under various centrally sponsored schemes over the past five years, as informed by Union Minister Pankaj Chaudhary in Lok Sabha. The funds, released based on guidelines and utilization certificates, include allocations of Rs 11,003.60 crore in 2019-20, Rs 12,928.69 crore in 2020-21, Rs 9,696.98 crore in 2021-22, Rs 16,114.94 crore in 2022-23, and Rs 13,313.77 crore in 2023-24. Chaudhary also addressed concerns about corruption... Читать дальше...
As per the interim Budget presented in February, the allocation for fertiliser subsidy is Rs 1.64 lakh crore for 2024-25 fiscal as against the revised estimates of Rs 1.89 lakh crore for the preceding financial year.
The Economic Survey 2023-24 highlights that Indian exporters are expanding their global footprint amidst geopolitical uncertainties. India benefits from strong trade relations with Asia, Europe, and the US, and is diversifying its export destinations regionally.
The non-alcohol market segment is experiencing growth due to an increase in no-alcohol drinkers in key markets like India, China, the UK, and the US. Non-alcoholic beverage categories such as beer, wine, and spirits showed significant volume surges. The trend is driven by a shift towards healthier choices, diverse product offerings, and regulatory pressures, leading to long-term lifestyle changes and the emergence of new beverage categories catering to all generations of consumers.
A Bengaluru resident's social media post reveals that a Microsoft engineer drives an auto-rickshaw on weekends to combat loneliness. The post, showing the engineer in his company hoodie while driving, has sparked discussions about the need for social interaction in high-pressure jobs. Reactions online range from empathy to reflections on the broader implications of technology and professional isolation.
To leverage the China plus one strategy, India must focus on FDI, enhancing electronic exports, and drawing lessons from Mexico and Vietnam. Key concerns include a $85 billion trade deficit, de-globalisation, economic coercion, policy choices, Chinese FDI in East Asia, and shifts in US-Europe sourcing. Risks involve China’s blockade on solar equipment, impacting EMDEs.
At the end of June, equity-based mutual funds, put together, had a total cash holding of all stood at Rs 1.52 lakh crore.
India’s energy needs are expected to grow 2-2.5 times by 2047 to meet a growing economy's developmental priorities and aspirations, it said. The major challenges facing India’s energy transition are technology, raw materials, availability and access to affordable finance, and availability of land, the survey said.
Congress MP Hibi Eden has demanded a probe on the irregularities found in the conduct of NEET-UG 2024. Eden called it one of the "biggest scams", and called for immediate action in the matter during the first day of the monsoon session of the Lok Sabha. Lok Sabha Speaker Om Birla said the matter is being probed and added that India has the "best" examination system in the world.
