India: Summary of the Union Budget 2024-2025
NEW DELHI: Despite global economy remaining under the grip of policy uncertainties, India’s economic growth continues to be the shining exception and will remain so in the years ahead. Minister of Finance and Corporate Affairs, Nirmala Sitharaman, while presenting the Union Budget 2024-25 in Parliament today said that India’s inflation continues to be low, stable […]
Having two tax regimes bad idea, unacceptable: Chidambaram
NEW DELHI: Senior Congress leader and former finance minister P Chidambaram on Tuesday said having two income tax regimes is a “bad idea” that will lead to tax arbitration and people will be confused as to which one to choose. In sops for the middle class, Union Finance Minister Nirmala Sitharaman on Tuesday hiked standard […]
Mobile tariff hike:Congress blames NDA government for Rs 34,824 crore burden on public
NEW DELHI: Hitting out at the NDA-led Narendra Modi government over three private firms increasing mobile service tariffs, the Congress on Friday accused it of “fleecing” 109 crore cell phone users and asked how can the firms be permitted to unilaterally increase rates without any oversight and regulation. Congress general secretary Randeep Surjewala said it […]
Supreme Court directs SBI to make complete disclosure of electoral bonds details by March 21
NEW DELHI: The Supreme Court on Monday directed the State Bank of India to make a complete disclosure of all details related to electoral bonds, including the unique bond numbers that would disclose the link between the buyer and the recipient political party, by March 21. A five-judge constitution bench headed by Chief Justice D […]
In India, 7-phase Lok Sabha elections will begin on April 19,results on June 4
NEW DELHI: The seven-phase Lok Sabha polls, the world’s biggest election exercise, will kick off on April 19 with the counting of votes set to take place on June 4 as Prime Minister of India Narendra Modi makes a bid for a third consecutive term in office. Announcing the election schedule on Saturday, Chief Election […]
Uttar Pradesh approves Amitabh Kant Committee proposals; likely to provide relief to homebuyers
LUCKNOW: The Uttar Pradesh cabinet on Tuesday approved the implementation of recommendations from the Amitabh Kant Committee report on real estate projects, in a move that could bring relief to lakhs of homebuyers in the state. The approval came after a proposal of the Industrial Development Department for the resolution of legacy stalled housing projects, cabinet […]
Fresh revelations in Adani issue indicate over Rs 12,000 cr may have been siphoned off in two years: Congress
NEW DELHI:The Congress on Friday alleged that fresh revelations in the Adani issue by a foreign publication indicate that ”more than Rs 12,000 crore may have been siphoned out of the country in two years”. Congress general secretary Jairam Ramesh, in a statement, dubbed it the ”biggest scam” of modern India. He claimed that this […]
Adani-Hindenburg row: SEBI’s inability to reach final conclusion ‘deeply worrying’, says Congress
NEW DELHI: The Congress on Saturday said stock market regulator SEBI’s inability to reach a conclusive finding on the allegations of round-tripping and money laundering by the Adani Group was ”deeply worrying”. Congress general secretary Jairam Ramesh said the Securities and Exchange Board of India (SEBI) has admitted this in its status report to the […]
Congress claims India’s debt under Narendra Modi government risen to Rs 155 lakh crore, demands white paper on economy
NEW DELHI: The Congress on Saturday alleged that India’s debt has nearly ”tripled” to Rs 155 lakh crore in the nine years under Prime Minister Narendra Modi and demanded a white paper on the state of the economy. Congress spokesperson Supriya Shrinate alleged the Modi government’s ”economic mismanagement” is responsible for the present state of […]
Congress questions LIC’s ‘increased’ holding in Adani Enterprises
NEW DELHI: The Congress on Tuesday alleged that public-sector LIC is being ”forced” to use its policyholders’ funds to ”bail out” the Adani group and stressed the demand for a JPC probe is ”essential and urgent”. Congress general secretary Jairam Ramesh claimed in a statement that Life Insurance Corporation of India (LIC) holding in Adani […]
Will not oppose demand for JPC probe into Adani issue for sake of Opposition unity, says Sharad Pawar
NEW DELHI: Nationalist Congress Party (NCP) president Sharad Pawar on Tuesday said although his outfit does not agree with the demand of anti-BJP parties for a Joint Parliamentary Committee (JPC) probe into allegations against the Adani group, it will not go against their stand for the sake of Opposition unity. The former Union minister had […]
Congress accuses Adani Group of having links with Chinese firm
NEW DELHI: The Congress on Thursday accused the Adani Group of having business links with a Chinese company in all its infrastructure projects in roads, railways, ports and airport sectors, saying it posed a threat to national security. The remarks prompted Law Minister Kiren Rijiju to hit back at the opposition party. Responding to a […]
Maharashtra Budget dangles carrot before people, indicates mid-term polls are near:Opposition
MUMBAI: Opposition leaders on Thursday described the Budget presented by the Eknath Shinde-led Maharashtra government as the dangling of carrot in front of people and a precursor to mid-term elections. The state Budget for 2023-24 proposed Rs 6,000 assistance to farmers and Re 1 crop insurance scheme while also offering relief in professional tax to […]
Congress accuses Narendra Modi government of ‘favouritism’ in small arms deal with Adani Group
NEW DELHI: The Congress on Thursday accused the Narendra Modi government of indulging in “blatant favouristism” and giving the Adani group “undue advantage” in major small arms contracts for the armed forces. Posing a set of three questions to Prime Minister Narendra Modi as part of the party’s “Hum Adani ke Hain Kaun” series, Congress […]
Congress takes dig at Narendra Modi over Aero India, accuses him of taking credit for event started in 1996
NEW DELHI: Taking a swipe at Prime Minister Narendra Modi, the Congress on Monday said ”the man in fancy dress” has claimed credit for Aero India when the truth is that it started in 1996 and is held in Bengaluru because of the presence of organisations there tracing their origins to the Nehruvian era. The […]
PM Narendra Modi nationalise all assets of Adani Group and then auction it for sale: Subramanian Swamy
CHENNAI: Former Union minister and senior BJP leader Subramanian Swamy has said he wants the Centre to nationalise the assets of Adani Group, which has faced scrutiny after its stocks tumbled following a report over its financial deals and a ruckus was created in Parliament by opposition parties over it. In an interview with PTI […]