New Delhi: Finance Minister Nirmala Sitharaman is set to create history when she presents her seventh straight Budget on Tuesday for the fiscal 2024-25, surpassing the record of former prime minister Morarji Desai. Sitharaman, who will turn 65 next month, was in 2019 appointed as India’s first full-time woman finance minister when Prime Minister Narendra…
Nagpur: Days ahead of the Union Budget, Road Transport and Highways Minister Nitin Gadkari on Saturday said India needed flexible economic policies to promote growth, and a socio-economic model that can boost job creation and reduce disparity. The senior BJP leader was speaking at the launch of “Made in China”, a Marathi book written by…
Mumbai: Governor Shaktikanta Das on Friday said the Reserve Bank’s relations with the government have been “smooth” during his nearly six-year term, and credited the close coordination between the two for the quick revival of the economy after the pandemic. Speaking at an event organised by Financial Express here, the bureaucrat-turned-central banker said nobody has expected…
New Delhi: The primary driver for the US recently passing the ‘Resolve Tibet Act’ is its “rivalry with China”, not any concern for Tibet, claimed former national security adviser (NSA) Shivshankar Menon. Speaking at the launch of former diplomat Dilip Sinha’s book “Imperial Games in Tibet: The Struggle for Statehood and Sovereignty” on Tuesday, Menon…
New Delhi: Apex IT industry body Nasscom has expressed deep disappointment and concern over Karnataka’s quota-for-locals bill mandating reservation for locals in private sector, and has exhorted the state government to withdraw the bill. Nasscom’s strong note of dissent assumes significance as it adds to the growing chorus of top industry voices, which have warned…
Bengaluru: The Karnataka cabinet has approved a bill mandating 100 per cent reservation for Kannadigas in private sector for Group C and D posts, Chief Minister Siddaramaiah said. The decision was taken at the Cabinet meeting held on Monday. “The Cabinet meeting held yesterday (Monday) approved a bill to make recruitment of 100 per cent…
New Delhi: The Narendra Modi-led NDA government on Tuesday reconstituted the NITI Aayog, with four full-time members and 15 union ministers, including from BJP allies, as either ex-officio members or special invitees. Prime Minister Narendra Modi remains the chairperson and economist Suman K Bery will continue to be the vice-chairperson of NITI Aayog, according to…
New York: The International Monetary Fund (IMF) on Tuesday upgraded India’s economic growth forecast by 20 basis points (bps) to 7 per cent year-on-year for the current financial year 2024-25. In April, the international organisation had projected India’s economic growth at 6.8 per cent. “The forecast for growth in India has been revised upward, to…
Thiruvananthapuram: Persistent heavy rains and strong winds have been battering the western coast of India, leading authorities to declare holidays for educational institutions across several districts in multiple states on Monday. Dr. Naresh Kumar, a scientist from the India Meteorological Department (IMD), informed ANI, “The monsoon is shifting downward from today. We are issuing a…
United Nations: India’s population is projected to peak in the early 2060s at about 1.7 billion and then decline by 12 per cent, but the country will remain the world’s most populous throughout the century, the United Nations has said. The World Population Prospects 2024 report, released here on Thursday, said that the world’s population…
