Sir, I rise to participate in the discussion of the Finance Bill, 2016. I shall start by quoting para 187 of the Hon Finance Minister's Budget speech on February 29, 2016

The nine pillars of the Budget are cracking, crumbling

Business Standard

On the occasion of the 246th Remount Veterinary Corps Day, the Indian Army gifted twelve retired military dogs to Asha Schools and benevolent Samaritans

CRPF dogs

The co-founder of Drums Food International, which owns yogurt brand Epigamia, passed away on Saturday due to a cardiac arrest

Rohan Mirchandani, co-founder of Drums Food International

Two US Navy pilots were shot down Sunday over the Red Sea in an apparent friendly fire incident, the US military said, marking the most serious incident to threaten troops in over a year of America targeting Yemen's Houthi rebels.
Both pilots were recovered alive after ejecting from their stricken aircraft, with one suffering minor injuries. But the shootdown underlines just how dangerous the Red Sea corridor has become, with ongoing attacks on shipping by the Iranian-backed Houthis despite US and European military coalitions patrolling the area.
The US military had conducted airstrikes targeting Yemen's Houthi rebels at the time of the friendly fire incident, though the US military's Central Command did not elaborate on what the pilots' mission was and did not respond to questions from The Associated Press.
The F/A-18 shot down had just flown off the deck of the USS Harry S. Truman aircraft carrier, Central Command said. On December 15, Central Command acknowledged the Truman had .

US Navy fighter jet

The state saw a combined growth of 683.62 sq km in forest cover, securing the topmost position in the country

tree

After dusk, the president slipped out of the capital, flying covertly to a Russian military base in northern Syria and then on a Russian jet to Moscow, as per reports

Syrian President Bashar Al Assad

After two weeks of buying, FPIs turned net sellers in Indian equities this week, with a net withdrawal of Rs 976 crore amid a strengthening US dollar and steady rise in US 10-year bond yields, impacting investor sentiment.
Foreign Portfolio Investors (FPIs) began the week on a positive note, investing Rs 3,126 crore in equities during the first two trading sessions (December 16-20).
However, the trend reversed in the latter half of the week, with FPIs offloading equities worth over Rs 4,102 crore in the subsequent three sessions. This resulted in an overall net outflow of Rs 976 crore during the week, data from National Securities Depository Limited showed.
Despite this short-term reversal, the broader December trend remains positive. FPIs have infused Rs 21,789 crore into Indian equities so far this month, reflecting continued confidence in India's economic growth potential and its resilient markets.
FPIs adopted a cautious approach due to the US Fed meeting and uncertainty about 

Foreign portfolio investor exodus: Financial sector bears the brunt, FPI

Fundraising via IPOs in India hit another landmark as economic growth, favourable market conditions and improvements in the regulatory framework helped companies raise a record Rs 1.6 lakh crore in 2024, while the pipeline for the next year holds out bigger promise.
This exceptional year not only reflected the confidence of issuers but also highlighted investors' eagerness to seize listing-day gains or back companies with strong long-term growth potential.
The year was marked by Hyundai Motor India's historic IPO, the largest in the country's history, which raised Rs 27,870 crore.
Companies of varying market capitalisations -- large, mid, and small -- tapped into the IPO route in 2024, with the average issue size rising significantly from Rs 867 crore in 2023 to over Rs 1,700 crore in 2024.
The exceptional vibrancy of the IPO market was evident, with December alone seeing at least 15 launches.
"Rising retail participation, strong domestic inflows and active participation by FPIs (

ipo market listing share market

Record fundraising surpasses the previous high of Rs 9,370 cr in 2023

A 50-year-old doctor from Saudi Arabia, who has been living in Germany since 2006, is the prime suspect in the Christmas market attack in Magdeburg, which killed five people

Germany police

The accumulated losses of state public sector enterprises (PSEs) rose from Rs 3,953.70 crore in 2020-21 to Rs 4,778.70 crore in 2022-23, while the profit earned by 13 SPSEs stood at Rs 20.21 crore as on September 30, 2023, according to a report by the Comptroller and Auditor General (CAG) on finances tabled in the Assembly on Saturday.
The net worth of nine out of these 14 PSEs has been completely eroded by losses and their worth was (-) Rs 1,932 crore against an equity investment of Rs 2,085.59 crore, while three PSEs have outstanding government loans amounting Rs 3,132 crore, the report said.
Himachal Pradesh State Electricity Board topped the list of loss making enterprises with accumulated losses of Rs 1,809.61 crore, followed by Himachal Pradesh Road Corporation at Rs 1707.12 crore, HP Power Corporation at Rs 552 crore, Himachal Pradesh Power Transmission Corporation at Rs 395.91 crore, HP Financial Corporation at Rs 180.97 crore, State Forest Corporation at Rs 113.04 crore, HPM

The Centre may overshoot the Rs 56,260 crore target for dividend receipts from central public-sector enterprises (CPSEs) set for FY25 and is likely to end up getting around Rs 65,000 crore this financial year, according to a senior government officia

The dollar gave back some of Wednesday's gains and gold rallied as investors grew accustomed to the reality that the central bank will take a slower, more measured approach to policy easing

Wall Street

At present intermediary services are charged at 18 per cent under the Central GST Act

GST Council Meet

Mamata was subscribed 16.6 times, DAM 2.8 times, and Transrail 2.12 times. Meanwhile, Concord and Sanathan were subscribed 60 per cent and 48 per cent

Market, BSE, NSE, NIfty, Stock Market, investment, IPO

Immigration to the United States in 2024 drove US population growth to its fastest rate in 23 years as the nation surpassed 340 million residents, the US Census Bureau said Thursday.
The 1% growth rate this year was the highest it has been since 2001, and it was a marked contrast to the record low of 0.2% set in 2021 at the height of pandemic restrictions on travel to the United States, according to the annual population estimates.
Immigration this year increased by 2.8 million people, partly because of a new method of counting that adds people who were admitted for humanitarian reasons. Net international migration accounted for 84% of the nation's 3.3 million-person increase between 2023 and 2024.
Births outnumbered deaths in the United States by almost 519,000 between 2023 and 2024, which was an improvement over the historic low of 146,000 in 2021 but still well below the highs of previous decades.
The group of people being included in the international migration estimates are th

US flag, US, united states

The meet comes against the backdrop of merchandise exports hitting a 25-month low in November amid continued geopolitical tensions as well as a decline in petroleum prices

Exports, Export

The I-T department probes Rs 7,500 crore spent on lavish weddings, targeting Jaipur planners and fake billing networks linked to foreign destination events and cash transactions

weddings, marriage

Congress calls FIR against Rahul Gandhi over Parliament scuffle a 'badge of honour', alleging BJP's vendetta and diversionary tactics to counter his protest against Amit Shah's Ambedkar remarks

Rahul Gandhi, Rahul, congress leader

The latest Economic Survey said, India has to find the right balance between importing goods from China and importing capital (FDI) from China

How policymakers are split over attracting Chinese investment into India

Thokchom Meinya

Thokchom Meinya

Thokchom Meinya

The nine pillars of the Budget are cracking, crumbling

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Army's retired military dogs being adopted by schools for special children

Drums Food International co-founder Rohan Mirchandani passes away

2 US Navy pilots shot down over Red Sea in 'friendly fire' incident

Chhattisgarh tops among all states in forest, tree cover growth: ISFR

Deceit, betrayal marked final days of President Assad's regime in Syria

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FPIs pull out Rs 976 crore from Indian equities amid rising dollar

IPO boom: Record Rs 1.6 trn raised in 2024; bigger gains expected in 2025

Healthcare, pharma sectors raise Rs 14,811 crore via IPOs in 2024

Who is the Saudi-born suspect behind Germany Christmas market attack?

Losses of Himachal's 30 PSEs rose from Rs 3,953 cr to Rs 4,778 cr: CAG