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Yusuffali MA, Chairman of Lulu Group and Vice Chairman of Abu Dhabi Chamber, praised India’s 2024 budget as “futuristic and proactive,” highlighting its focus on entrepreneurship and inward investments. The prominent Middle east-based businessman commended several key aspects of the budget, including the simplification of Foreign Direct Investment rules and the promotion of Indian rupee […]
A 117-member Indian contingent will kickstart its Paris Olympics campaign on July 25, competing in 69 medal events across 16 sports. A 29-member athletics team, led by Neeraj Chopra, will represent a large portion of the contingent traveling to France for the Olympics. There will also be a 21-member shooting contingent, the second-largest team sent […]
By: Aditya Ahuja Abhinav Bindra, the first Indian to win an individual gold at the Olympics, has been honoured with the Olympic Order for his outstanding contributions to the Olympic movement. The Olympic Order is the highest accolade bestowed by the International Olympic Committee (IOC) for exceptional service. Bindra, a member of the IOC Athletes […]
The Economic Survey 2023-24, presented in Parliament on Monday by Union Finance Minister Nirmala Sitharaman, highlights a notable transformation in India’s employment landscape, driven by economic reforms, technological advancements, and a focus on skill development. The PLFS data indicates a declining trend in the all-India annual unemployment rate for persons aged 15 years and above […]
The Union Cabinet, led by Prime Minister Narendra Modi, convened in Parliament on Tuesday to approve the Union Budget before Finance Minister Nirmala Sitharaman presents it. Prime Minister Narendra Modi arrived at Parliament this morning to attend the cabinet meeting. Union Ministers Amit Shah, Rajnath Singh, and Pralhad Joshi were also seen arriving at Parliament […]
India’s economic growth remains the shining exception: FM Nirmala Sitharaman presents Union Budget 2024-25 Finance Minister Nirmala Sitharaman presented the Union Budget 2024-25 on Tuesday, highlighting India’s strong economic growth and low inflation. In her opening remarks, Sithamraman said that India’s economic growth “remains the shining exception and will continue to be so.” She emphasized […]
Union Finance Minister Nirmala Sitharaman, in her Budget speech on Tuesday, proposed the creation of employment for about 4.1 crore youth over the next five years. To support this initiative, the Finance Minister has allocated Rs 2 lakh crore. For skilling citizens to generate job opportunities, she allocated Rs 1.48 crore, aiming to skill 20 […]
Union Finance Minister Nirmala Sitharaman announced a fiscal deficit target of 4.9% of GDP for the current fiscal year. This marks a reduction from the 5.1% target set in the Interim Budget presented on February 1, and a decrease from the 5.9% target set for 2023-24, which was later revised to 5.8%. The fiscal deficit, […]
Union Finance Minister Nirmala Sitharaman, while presenting the Union Budget 2024-25 on Tuesday, unveiled substantial financial assistance for states severely impacted by floods and other natural calamities. The aid will benefit Bihar, Himachal Pradesh, Assam, Uttarakhand, and Sikkim. In her Budget speech in the Lok Sabha, Sitharaman said that Bihar, which frequently suffers from floods, […]
Finance Minister Nirmala Sitharaman announced a significant reduction in customs duties on cancer medicines and mobile phones today, which will substantially lower their retail prices. Additionally, the prices of imported gold, silver, leather goods, and seafood are set to decrease, making these items more affordable. Here is the list of items that have become cheaper: […]
