All states have got funds in Union Budget as in the past: FM Sitharaman
New Delhi, July 26 - Finance Minister Nirmala Sitharman said on Friday that just like in the past, all states have been allocated funds in the Union Budget 2024-25, and no state has been denied anything.
It’s SEBI’s job to regulate futures and options market: Finance Minister
New Delhi, July 26 - Union Finance Minister Nirmala Sitharaman said on Friday that it is the duty of the Securities and Exchange Board of India (SEBI) to regulate the futures and options (F&O) markets amid concerns over excess volatility in the derivatives
India’s digital payments record double-digit growth: RBI data
Mumbai, July 26 - Digital payments in India have registered a 12.6 per cent increase year-on-year with the RBI's Digital Payments Index (RBI-DPI) rising to 445.5 at the end of March 2024 compared to 418.77 in September 2023 and 395.57 in March 2023.
Nuclear power plants at Kudankulam delivers 100 billion kWh
Chennai, June 26 - The two 1,000 MW nuclear power plants at Tamil Nadu's Kudankulam have delivered 100 billion kWh to the Indian power grid, Russian integrated atomic power major Rosatom said.
India’s Forex reserves surge to lifetime high of $670.86 bn
Mumbai, July 26 - India's foreign exchange (Forex) reserves rose for the third-consecutive week to touch a new lifetime high of $670.86 billion as of July 19, according to the latest data released by the RBI on Friday.
India now home to more than 1.4 lakh startups: Union Minister
New Delhi, July 26 - India now has more than 1.4 lakh startups, as the government continues to nurture innovation and encourage investments in the ecosystem, Union Minister of State for Commerce and Industry, Jitin Prasada, informed on Friday.
Indigo’s net profit drops 11.7 pc to Rs 2,728 cr in Q1, revenue up 17.3 pc
Mumbai, July 26 - Leading low-cost airline Indigo on Friday reported net profit at Rs 2,728 crore for the April-June quarter -- a drop of 11.7 per cent from Rs 3,090.6 crore in the same quarter last year.
Apple set to manufacture high-end iPhone 16 Pro models in India, to arrive soon after global launch
New Delhi, July 26 - In a fillip to the country’s local manufacturing success story, tech giant Apple is set to make its ‘Make in India’ iPhone 16 Pro and 16 Pro Max models available in the country right after the global launch
Stock market in top gear after Budget, logs best weekly streak in last 6 years
Mumbai, July 27 - Indian stock market witnessed a stellar rally in the Budget week. Last week, Sensex and Nifty surged by 728 points or 0.90 per cent and 303 points or 1.24 per cent respectively. This was the eighth consecutive week when
FPIs pump in Rs 52,910 crore as Budget aims to foster stable investment environment
New Delhi, July 27 - The foreign portfolio investor (FPI) community, which is set to play a major role in positioning India as the third largest economy in the world, has pumped in nearly 52,910 crore in equity and debt this month (till
Personal Finance for Noncitizens
By YBB Personal Finance The US is a melting pot of immigrants. But the path to naturalized citizenship is long. In many families, one or more members may be noncitizens. Briefly outlined here are the situations where your immigration or domicile (or resident)
Union Budget 2024 unveiled: Ambitious plans for employment, skill development, and economic growth
By Dr. Avi Verma Publisher On July 23, 202•, Nirmala Sitharaman, the Honorable Finance Minister of India, presented the first Union Budget of the current government. This budget is notably aligned with the goal of realizing a “Viksit Bharat” (Developed India) and emphasizes
Nifty closes at all-time high, Sensex surges by 1,292 pts
Mumbai, July 26 - Indian equity indices closed in the green on Friday following broad based buying in all segments of the markets.
India’s business activity surges to 3-month high in July
New Delhi, July 25 - India's business activity accelerated to a three-month high in July as the services sector surged and manufacturing picked up momentum leading to companies hiring at the fastest pace in 18 years, according to the latest HSBC's survey.
AAP MP Raghav Chadha compares India’s taxation to England, services to Somalia
New Delhi, July 25 - Rajya Sabha MP Raghav Chadha on Thursday voiced strong criticism of the Union Budget 2024, presented by the NDA government in its third-consecutive term, and said, "India is paying taxes like England and receiving services like Somalia."
OPEC receives compensation plans for overproduction from Iraq, Kazakhstan, Russia
Vienna, July 25 - The Organisation of the Petroleum Exporting Countries (OPEC) Secretariat said that it received compensation plans from Iraq, Kazakhstan, and Russia for their overproduced oil volumes in the first half of 2024.
CBDT explains taxation of capital gains
New Delhi, July 25 - The Central Board of Direct Taxes (CBDT) on Thursday issued FAQs to explain the new capital gains tax regime in Budget 2024-25.
Abolishing angel tax to benefit entire Indian startup ecosystem: Experts
New Delhi, July 24 - The Indian startup ecosystem players on Wednesday applauded the Budget 2024 for doing away with the angel tax, which was levied on money raised by companies from angel investors, for all categories of financiers.
Sensex closes lower, midcap and smallcap outshine largecap stocks
Mumbai, July 24 - Indian equity indices closed in the red on Wednesday following profit booking in largecap stocks.
Indonesia intensifies fight against illegal imports
Jakarta, July 24 - Indonesia is intensifying efforts to curb illegal imports and dumping practices to protect its domestic industrial sectors.