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Economy
India-US Agree to Reduce Tariffs. Trump Takes Credit, Says “Finally.
Donald Trump claims victory as India agrees to cut tariffs, calls it a major trade breakthrough...
भारत-अमेरिका में टैरिफ कम करने पर सहमति, ट्रंप ने लिया श्रेय..
व्यापार संबंधों में बड़ी सफलता, ट्रंप बोले- आखिरकार हमारा प्रयास रंग लाया...
Is Chandigarh Municipal Corporation Bankrupt. Withdraws ₹6 Crore from Employee Fund..
Lack of funds forces MC to use employee savings; struggles to pay electricity bills...
Budget 2025: किसानों को लेकर बड़ी घोषणा: बिजली रिफॉर्म्स की मांग पूरी; केंद्रीय बजट में पंजाब को और…
चंडीगढ़ : केंद्रीय वित्त मंत्री निर्मला सीतारमण ने शनिवार, 1 फरवरी 2025 को केंद्रीय बजट 2025-26 प्रस्तुत किया। इस बजट में मध्यवर्ग, किसानों और विभिन्न क्षेत्रों के लिए कई महत्वपूर्ण घोषणाएँ की गई हैं।
बिजली क्षेत्र में सुधार:…
Fiscal deficit touches 17.2% of annual target as of end-July
NEW DELHI: The country’s fiscal deficit reached 17.2% of the annual target as of the end of July in the current fiscal year (FY25), according to data published by the Controller General of Accounts (CGA) on Friday.
In absolute terms, the…
77 per cent of 119 million new borrowers are youngsters
MUMBAI: With as many as 77 per cent of the 119 million new borrowers who self-monitor their credit scores being GenZ and millennials, it’s clear that young people are spearheading the credit revolution in the country today and a whopping 81…
3 cr accounts to be opened in ’25 under Jan Dhan Yojana: FM
NEW DELHI: Finance minister Nirmala Sitharaman on Tuesday said that nearly 3 crore new accounts will be opened under the Pradhan Mantri Jan Dhan Yojana (PMJDY) during the current financial year.
Launched by Prime Minister Narendra Modi…
Road developers’ revenue growth to be in the range of 5-7 per cent in next two years
Road developers have clocked an average 13 percent revenue growth each year in the past five years.
Economists predict growth rates for June quarter from 6% to 7%
MUMBAI: Ahead of the official release of June quarter growth numbers next week, economists have offered differing forecasts, with rating agency Icra pegging the lowest at 6% and German brokerage Duestche Bank at the highest at 7% and…
Bangladesh owes USD800 million to Adani Power Ltd
NEW DELHI: Amid student-led protest in Bangladesh, Adani Power Limited, the power generating unit of Adani Group, has accumulated unpaid dues of up to $800 million from the country.
According to a report, Bangladesh Bank’s…
‘India to miss 15% natural gas target’
NEW DELHI: India may not meet its target of increasing the share of natural gas in the country’s energy mix to 15% by 2030, according to Spencer Dale, group chief economist at BP plc.
Dale, speaking to the press on Wednesday, also…
Single-digit pay hike in IT new reality
BENGALURU: Last week when Nasdaq-listed Cognizant rolled out an increment to employees after a four-month delay, it had to face criticism on social media as wage hike starting as low as 1%.
Soon, the company in a statement said the merit…
At $242 billion, India 12th largest holder of US treasuries in June
MUMBAI: Given the high yields that the US government debt has been offering since the interest rates there peaked to a multi-decadal high, the Reserve Bank has been ramping up its investments in the world’s most sought-after public debt…
India must create up to 148 million jobs by 2030, says IMF official
NEW DELHI: India needs to create an additional 148 million jobs by 2030 given the population growth, IMF’s First Deputy Managing Director Gita Gopinath said on Saturday.
“If you look at India’s projections in terms of population growth,…
Windfall tax on crude petroleum reduced to Rs 2,100 per tonne
NEW DELHI: The government has slashed windfall tax on domestically produced crude oil to Rs 2,100 per tonne, from Rs 4,600 per tonne with effect from Saturday.
The tax is levied in the form of Special Additional Excise Duty (SAED). The…
Buyback tax rules inequitable: Industry
NEW DELHI: Industry representatives have recently submitted representations to the finance minister, urging a reconsideration of new taxation rules concerning the buyback of shares. The 2024 Union Budget imposed up to a 39% tax on…
DPIIT relooks at FDI from China: Govt sources
NEW DELHI: The Department for Promotion of Industry and Internal Trade (DPIIT) is considering revisiting the restrictions placed on foreign direct investment (FDI) from China as part of a broader evaluation of the country’s foreign…
India aims to become global semiconductor manufacturing hub – Modi
NEW DELHI: Prime Minister Narendra Modi announced that many global companies are eager to invest in India, with the nation poised to become a global leader in semiconductor production.
In his speech from the Red Fort, Modi emphasised the…
Study reveals success strategies of startups
Mumbai: In an interesting study, Indian Institute of Management Lucknow researchers have decoded the success strategies of unicorn startups -- companies that surpass a billion-dollar valuation. The findings reveal that startups led by…
Hindenburg Research warns of something big in India soon
CHENNAI: Short-seller Hindenburg Research is at it, promising 'something big soon' in India again.
The announcement came in an early morning India time tweet.
The tweet has gone viral and elicited a range of responses. Hindenburg has…