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11:45 AM

Budget adopts seven priorities to guide India through Amrit Kaal: FM

Finance minister Nirmala Sitharaman on Wednesday said that the Budget adopts seven priorities to guide India through the Amrit Kaal.

 

Sitharaman announced this while presenting the Budget 2023-24 in Parliament. "The budget adopts following seven priorities -- inclusive development, reaching the last mile, infrastructure and investment, unleashing the potential, green growth, youth power and financial sector," she said.

11:38 AM

UK set for biggest strike action for years as teachers, civil servants walk out

Up to half a million British teachers, civil servants, train drivers and university lecturers will strike on Wednesday in the largest coordinated action in a generation which the government says will cause widespread disruption.

11:35 AM

Fresh landslides hit Jammu-Srinagar highway; closed for third consecutive day

The Jammu-Srinagar National Highway was closed for traffic for the third consecutive day on Wednesday following fresh landslides in Ramban district, leaving more than 800 vehicles stranded on the road.

 

The 270 kilometre-long highway, the only all-weather road linking Kashmir with the rest of the country, was blocked by mudslides and shooting stones between Chanderkote and Banihal in the district on Monday.

11:27 AM

Govt made cash transfer of Rs 2.2 trn under PM-KISAN scheme: Sitharaman

The government made cash transfer of Rs 2.2 trillion under the PM-KISAN scheme, Finance Minister Nirmala Sitharaman said on Wednesday.

 

Presenting the last full Budget of the second term of the BJP-led NDA government ahead of the general elections in 2024, she said the mission of the government is to achieve knowledge-driven economy. She further said Indian economy has become more formalised as witnessed by significant enhancement in digital payments.

11:18 AM

Jerome Powell likely to stress Fed's inflation fight far from over

Inflation is cooling, and parts of the economy appear to be weakening. But Chair Jerome Powell is likely Wednesday to underscore that the Federal Reserve's primary focus remains the need to fight surging prices with still-higher interest rates.

 

With financial markets anticipating that the Fed will stop raising rates soon and possibly even cut them later this year, analysts say Powell will need to push back against such optimism.

11:13 AM

Budget 2023-24 hopes to build on foundation of previous budget, blue print for India@100: FM

Finance Minister Nirmala Sitharaman on Wednesday said the Budget for 2023-24 hopes to build on the foundation of the previous budget and blue print for India@100.

 

This is the first Budget in Amrit Kaal, she said. This is the last full Budget of the second term of the BJP-led NDA government ahead of the general elections in 2024.

11:12 AM

Sam Curran guilty of breaching ICC Code of Conduct

England fast bowler Sam Curran has been fined 15 per cent of his match fee for breaching Level 1 of the International Cricket Council (ICC) Code of Conduct during the second ODI against South Africa in Bloemfontein on Sunday 29 January.

 

Curran was found to have breached Article 2.5 of the ICC Code of Conduct for Players and Player Support Personnel, which relates to using any language, action or gesture towards a batter upon their dismissal which has the potential to provoke an aggressive reaction from the dismissed batter.

11:04 AM

Jet fuel price (ATF) hiked 4% in line with international oil prices

Jet fuel (ATF) price on Wednesday was hiked by 4 per cent in line with firming international oil prices but petrol and diesel rates remained on freeze for a record 10th month in running.

Aviation turbine fuel (ATF) price was increased by Rs 4,218 per kilolitre, or 3.9 per cent, to Rs 1,12,356.77 per kl in the national capital, according to a price notification of state-owned fuel retailers.

11:02 AM

Finance Minister Nirmala Sitharaman begins presentation of Budget for 2023-24 in Lok Sabha

Finance Minister Nirmala Sitharaman presents Union Budget 2023-2024 in the Parliament.

10:55 AM

BJP's Central Election Committee to meet today at party HQ for northeast elections

Central Election Committee of Bharatiya Janata Party to meet today for the Meghalaya and Nagaland Assembly elections at the party headquarters in Delhi

 

10:54 AM

Congress' K Suresh takes a dig at Modi govt ahead of Union Budget 2023

We expect that this budget will ideate 2024 General Elections, for advantage in 2024 elections & some state elections. Last 3 budgets focussed on corporate & upper-class. Middle class & common people were totally ignored: K Suresh, Congress' LS Chief Whip on #UnionBudget2023, reports ANI

10:31 AM

EV two-wheeler sales in India to reach 22 mn by 2030, shows report

As the electric vehicle (EV) adoption grows in India, the electric two-wheeler sales volume in the country is likely to reach 22 million by 2030, a report showed on Wednesday.

 

According to the latest report by Redseer Strategy Consultants, the electric 2W market is expected to be over 80 per cent of the overall 2W market by 2030.

 

10:17 AM

Prime Minister Narendra Modi arrive at the Parliament ahead of cabinet meeting

10:13 AM

Chhattisgarh govt claims new record in paddy purchase with more than 107 LMT procurement

More than 107 lakh metric tonnes of paddy has been procured from farmers under the support price scheme during the current kharif season in Chhattisgarh, which is higher than the previous record of 98 LMT in 2021-22, state government officials said on Wednesday.

10:00 AM

US, India semiconductor groups forge initiative to boost chip ecosystem

The US Semiconductor Industry Association (SIA) and the India Electronics and Semiconductor Association (IESA) have announced plans to form a private-sector task force that will strengthen collaboration between the two countries in the global semiconductor ecosystem.