The Union Budget for FY 2025-26 assumes significance as it comes on the back of lower than expected growth numbers in the second quarter and geopolitical uncertainty

Sitharaman

While HMPV may affect anyone with a weakened immune system, young children and people above the age of 65 are at higher risk

Human Metapneumovirus (HMPV)

Indices decline over 1.5%; investors lose nearly Rs 11 trn

India’s benchmark indices rallied on Friday, mirroring gains in global equities, after the latest US economic data allayed fears of recession in the world’s biggest economy. The continued buying support from domestic investors added to the market buo

India's benchmark indices rallied on Friday, mirroring gains in global equities, after the latest US economic data allayed fears of recession in the world's biggest economy. The continued buying support from domestic investors added to the market buo

Apparel exporters body AEPC on Saturday urged the government to announce tax incentives, including removal of a provision requiring payments to MSMEs within 45 days to claim deductions and customs duty exemption on garment machinery imports.
The Apparel Export Promotion Council (AEPC) has also requested that an  interest equalization rate of 5 per cent be announced in the Budget, scheduled to be unveiled on February 1 by Finance Minister Nirmala Sitharaman.
Other demands include extension of concessional tax rate for new manufacturing units to encourage setting up of new garment units; simplification in the procedure of imports of trims and embellishments under IGCR (Import of Goods at Concessional Rate); and liberalizing e-commerce export procedures.
"Ready Made Garments (RMG) industry has also demanded removal of Sec43B (H) of IT Act in the ensuing Budget which pertains to payment to any MSME companies within a maximum 45 days' time to claim any deduction in tax. This has increase

Apparel-Exports

The Department for Promotion of Industry and Internal Trade (DPIIT) on Saturday said it has joined hands with venture debt firm Stride Ventures to support high growth potential startups in their funding requirements.
It said this collaboration will be instrumental in creating enormous opportunities for startups by integrating financial support with strategic mentorship and market access.
Highlighting the macroeconomic impact of this collaboration, Joint Secretary in DPIIT Sanjiv said Stride Ventures will curate dedicated programmes and collaborate on engagements like the Bharat Grand Challenge to promote entrepreneurship, innovation, and investment.
Ishpreet Singh Gandhi, Founder and Managing Partner, Stride Ventures, said "this partnership, coupled with our billion-dollar commitment to nurturing startups, reaffirms our resolve to strengthen India's startup ecosystem".
The department said Stride Ventures will give thrust "on identifying startups with high growth potential, offering

India's technology startup ecosystem got six new unicorns in 2024: There were two last year. The new unicorns – startups reaching $1 billion valuation – specialise in lending, logistics, software and generative intelligence. Technology startups raise

The Tesla chief has criticised UK PM Keir Starmer for 'mishandling' child exploitation cases involving Pakistani-origin gangs; UK govt said that claims made by him are 'misjudged and misinformed'

Elon musk, musk, Elon, Tesla

In smaller Indian cities and towns, where opportunities for advancement are few and dwindling, the nounis emerging as something of a social and cultural phenomenon

Phone, social media, mobile phones

He cited the 'Sheeshmahal' as an example, referencing a report by a leading newspaper revealing excessive expenditure on the Delhi CM's residence, based on the CAG report

Sanjay Raut

The draft protection rules released by the government create a balance between regulation and innovation while completely protecting citizen rights, Union minister Ashwini Vaishnaw said on Saturday.
The government issued draft rules for the Digital Personal Data Protection (DPDP) Act on Friday for public consultation till February 18.
"Rules have to be within four walls of the Act. It is within the ambit of the Act passed by Parliament. These rules have been framed to ensure a balance between regulation and innovation while completely safeguarding the rights of citizens," Vaishnaw told PTI in an interview.
The minister said earlier there was only one template available to the world -- the European data protection rule with a high level of regulation. However, Indian rules have attempted to balance the regulation with innovation to safeguard the boom in the innovation ecosystem developing among startups in the country.
He said extensive consultations have been held with the industry

Ashwini Vaishnaw, Ashwini, Vaishnaw

The economic policies framed by former Prime Minister Manmohan Singh formed the basis of India's growth and Tamil was accorded classical language status during his reign, Tamil Nadu Chief Minister M K Stalin said on Tuesday.
Paying rich tributes to Singh at a memorial meeting organised by the TNCC here, he said the late Prime Minister had served as Finance Minister during the economic crisis.
"Manmohan Singh brought various schemes for the welfare of the people. The economic policies formulated by him became the foundation for India's growth, Stalin, who is also the DMK president, said on Singh who died due to age-related ailments on December 26, 2024.
In 2004 the Prime Minister's position came seeking him following the victory in the elections. Everybody including former Chief Minister M Karunanidhi urged Congress leader Sonia Gandhi to accept the position. But she declined and was magnanimous enough to give it to Manmohan Singh, Stalin said.
Singh remained in power for a decade a

MK Stalin, Stalin

Seven HMPV cases have been confirmed in India. The preventive measures include washing your hands, covering your mouth while coughing or sneezing and staying away from symptomatic individuals

HMPV, disease, illness, health

Prime Minister Narendra Modi is scheduled to visit Visakhapatnam on Wednesday to lay the foundation for a few important projects and inaugurate a few others.
This will be the Prime Minister's first visit to the state, after he assumed the office of PM for the third consecutive term in 2024.
The NDA alliance in Andhra Pradesh consisting TDP, BJP and Janasena played a key role in forming the union government. Accompanied by Chief Minister N Chandrababu Naidu, Deputy Chief Minister Pawan Kalyan and others, Modi will lay the foundation for a railway zone at Visakhapatnam.
Likewise, he will lay the foundation for NTPC's integrated green hydrogen hub at Pudimadaka, Nakkapalli mandal, Anakapalli district. As part of this project, the public sector company will invest Rs 65,370 crore in three phases.
The Prime Minister will virtually launch Krishnapatnam Industrial Hub, a Rs 1,518 crore project coming up on a 2,500 acre land parcel in the first phase. It is expected to generate employment

Modi, Narendra Modi

The rating agency's arm said that India's recent consumer price inflation at around 5 per cent was without clear evidence of a trend towards slowing price pressures

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said

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Manmohan's economic policies formed basis of India's growth: TN CM Stalin

HMPV cases in India: Which age group is most affected? Check complete guide

PM Modi to lay foundation, inaugurate slew of projects in Andhra on Jan 8

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