Panjim: Today, the youth in India are taking to high alcohol-strength spirits for value for money and that trend is going to change soon towards RTDs. “Cheers group is crafting cocktail variants that beautifully balance the Cashew Feni’s strong and fruity flavour for new generation enthusiasts and are working to popularise Goa’s very own Heritage…
New Delhi: The Enforcement Directorate on Friday said it has attached assets worth more than Rs 14 crore in a money laundering case against Tamil Nadu minister and DMK leader K Ponmudy, his ex-MP son P Gautham Sigamani, and family members. The central agency had raided the premises of 73-year-old Minister for Higher Education and…
New Delhi: INDIA bloc MPs staged a protest in Parliament premises on Wednesday over the alleged discrimination against opposition-ruled states in the Union Budget, with Leader of the Opposition in the Lok Sabha Rahul Gandhi saying the budget is an “assault on the sanctity of India’s federal structure”. Besides Rahul Gandhi, Congress president Mallikarjun Kharge,…
New Delhi: Industry leaders on Tuesday welcomed the defence outlay of Rs 6.22 lakh crore in the Union Budget, with some calling it a “landmark allocation” while others saying that initiatives outlined in the budget will collectively signal a “robust blueprint” for India’s progressive and inclusive development. Ashish Saraf, vice president and country director, Thales…
New Delhi: Buoyed by improvement in revenue collection, the government has lowered the fiscal deficit target to 4.9 per cent for the current financial year as against 5.1 per cent estimated in February’s interim Budget. Finance Minister Nirmala Sitharaman, however, retained the fiscal deficit estimate at 4.5 per cent for 2025-26 as announced in February….
New Delhi: Union Finance Minister Nirmala Sitharaman on Tuesday presented a balanced and gratitude-oriented Budget 2025 under Narendra Modi’s third term. Matching the record of Morarji Desai by presenting the Union budget for the seventh time, Sitharaman delivered crucial announcements after an embarrassing electoral loss, demonstrating resilience despite the ruling party lacking a simple majority….
Bengaluru: The Bangalore Chamber of Industry and Commerce (BCIC) on Tuesday lauded the Union Budget 2024-25 as a comprehensive and forward-looking roadmap for India’s economic growth. In a statement, the BCIC expressed its satisfaction with the government’s proactive stance on several key areas, including MSME development, job creation, ease of doing business, and tax reforms….
New Delhi: The government on Tuesday proposed slashing import duty on mobile phones, chargers and some components that are used for manufacturing of handsets in the Union Budget for fiscal year 2024-25. Finance Minister Nirmala Sitharaman said with a three-fold increase in domestic production and almost 100-fold jump in exports of mobile phones over the…
New Delhi: The government has scrapped the Rs 30,000 crore equity infusion it had planned in state-owned fuel retailers after they made record profits in the fiscal year ended March 31, according to the Budget Finance Minister Nirmala Sitharaman presented on Tuesday. Sitharaman had on February 1 last year, while presenting the annual Budget for…
New Delhi: Giving a big relief to startups, the government on Tuesday announced removal of angel tax for all classes of investors to further promote the growth of budding entrepreneurs of the country. Angel tax refers to the income tax that the government imposes on funding raised by unlisted companies, or startups, if their valuation…
