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Union Minister Piyush Goyal addresses a press conference, in New Delhi on July 30, 2024. | Photo Credit: PTI Commerce and Industry Minister Piyush Goyal on July 30 said there is no rethinking in the government to support foreign direct investments (FDI) from China as was pitched by the Economic Survey recently. He said it…
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Union Finance Minister Nirmala Sitharaman. | Photo Credit: PTI Finance Minister Nirmala Sitharaman on July 23 proposed to increase the rate of securities transaction tax (STT) on futures and options (F&O) trade to discourage retail investors’ participation in the risky instrument. “It is proposed to increase the rates of STT on the sale of an…
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Budget 2024: Minister Pankaj Chaudhary was among the first to arrive at North Block. New Delhi: Minister of State for Finance Pankaj Chaudhary said that the first Union Budget of the third Modi government will be based on his mantra of “Sabka Saath Sabka Vikas.” Finance Minister Nirmala Sitharaman will present the full budget for…
Union Finance Minister Nirmala Sitharaman | Photo Credit: PTI Union Budget 2024-25: Nirmala Sitharaman to present Budget for a record seventh time in a row Union Finance Minister Nirmala Sitharaman will be presenting the Union Budget 2024-25 on July 23, 2024. It will be a record seventh consecutive Budget presentation for Ms. Sitharaman. The monsoon session of…
Only 4.4% of India’s young workforce is formally skilled, said the Economic Survey 2023-24. File | Photo Credit: M. Moorthy With only 4.4% of India’s young workforce formally skilled, linking skill development with production Linked Incentive (PLI) and employment-linked incentive schemes in high-growth potential sectors like toy, apparel, tourism, logistics and textiles would aid upgrading…
Image for representational purposes only. | Photo Credit: PTI Equity benchmark indices Sensex and Nifty ended lower on July 22, dragged down by heavy selling pressure in Reliance Industries and Kotak Mahindra Bank ahead of the Budget. Besides, a weak trend in global equity markets also hit investors sentiment, traders said. Falling for the second…
The Economic Survey 2023-24 on July 22 cautioned against significant increase in retail participation in the stock market, saying expectation of higher returns without real market conditions is a matter of concern. At the same time, it also mentioned that enhanced participation of retail investors lends stability to the capital market and noted the increasing…
National Education Policy expected to yield foundational literacy and numeracy for every child passing the third standard in the near future. File (representational image) | Photo Credit: The Hindu Convergence of efforts across the Centre, States, and local bodies is needed to improve the quality of education, especially primary education, the Economic Survey has suggested….
Finance Minister Nirmala Sitharaman tables the Financial Survey 2023-24. File | Photo Credit: PTI “A higher level of private sector financing and resource mobilisation from new sources will be crucial for India to build quality infrastructure,” according to the Economic Survey 2023-24. The Economic Survey 2023-24 was tabled in the Parliament by Finance Minister Nirmala…
India faces two choices to benefit from ‘China plus one’ strategy and that is either to integrate into China’s supply chain or promote FDI from China. File. | Photo Credit: AP Increased foreign direct investment inflows from China can help increase India’s global supply chain participation and push exports, says the Economic Survey. The Survey…
