India

New Delhi, Feb 1: Indian Finance Minister Nirmala Sitharaman brought cheer to Indian entrepreneurs with a bold move to permit one-person companies. In a major boost for Indian expats (NRI) investments in India, there is no restriction on paid up capital and turnover to incentivise incorporation of one-person companies in their home country. Bal Krishen, chairman of Century Financial, said: “The

New Delhi, Feb 1: Criticizing the Union Budget 2021-22, Senior Congress leader Anand Sharma said that the budget is disappointing as it lacks a roadmap for accelerating growth and revival of consumer demand. He further stated that the Finance Minister could have been brave to help the poor but she chose to be timid and continued with the government's rhetoric. "Extraordinary crisis called for a

New Delhi, Feb 1: Stressed that the government is committed to farmers' welfare, Finance Minister Nirmala Sitharaman on Friday said the MSP regime has undergone a "sea change" to assure price at least 1.5 times of production cost with sharp increase in procurement of foodgrains and payment to farmers. In her budget speech for the next fiscal, she said the procurement of crops like paddy, wheat

New Delhi, Feb 1: Union Finance Minister Nirmala Sitharaman has made a provision of Rs 15,700 crore for the Ministry of Micro, Small and Medium Enterprises (MSME) sector in the Union Budget 2021-22. "We have taken a number of steps to support the MSME sector in this budget. I have provided Rs 15,700 crore more than double the previous year," said Sitharaman while presenting the Union Budget in the

New Delhi, Feb 1: Finance Minister Nirmala Sitharaman on Monday announced that the central government is allocating Rs 1,10,055 crores for Railways. She also announced an outlay for capital expenditure amounting to Rs 1,07,100 crores. Presenting the Union Budget 2021-22, Sitharaman said that the plan of the government is to create a future-ready Railways system by 2030. "Indian Railways has

New Delhi, Feb 1: Union Finance Minister Nirmala Sitharaman on Monday announced a voluntary vehicle scrapping policy to phase out old and unfit vehicles under which the personal vehicles will undergo a fitness test in automated centres after 20 years while the commercial vehicles will undergo the test after 15 years. "We are separately announcing a voluntary vehicle scrapping policy to phase out

New Delhi, Feb 1: Finance Minister Nirmala Sitharman on Monday informed that the budget outlay for health increased to Rs 2,23,846 crores in 2021-22, an increase of 137 per cent in comparison to the previous year's budget. She also said the central government has provided Rs 35,000 crores for the COVID-19 vaccine in 2021-22. "I have provided Rs 35,000 crores for COVID-19 vaccine in this year 2021

Lucknow, Feb 1: Uttar Pradesh Police has issued notices to around 220 tractor owners in various districts. Leader of Opposition in the Uttar Pradesh assembly and senior SP leader, Ram Govind Chaudhary, has said that the move was designed to threaten the farmers and prevent them from joining the ongoing protest against farm laws. The police, however, stated that the notices have nothing to do with

New Delhi, Feb 1: Finance Minister Nirmala Sitharaman on Monday announced a new Centre-sponsored scheme with an outlay of Rs 64,180 crore to boost healthcare infrastructure across the country amid ongoing COVID-19 pandemic. Tabling the Union Budget 2021-22, she said the Prime Minister Atmanirbhar Swasthya Bharat Yojana will develop the capacity for primary, secondary, and tertiary care health

New Delhi, Feb 1: With 11,427 new coronavirus cases being reported in a day, India's COVID-19 tally has increased to 1,07,57,610, while the number of people who have recuperated from the disease has surged to 1,04,34,983, according to the Union Health Ministry data updated on Monday. The national recovery rate surged to 97 per cent. The death toll increased to 1,54,392 with 118 daily new