India

New Delhi, Feb 2: Opposition parties including the Congress, Left, TMC and DMK on Tuesday walked out from Rajya Sabha after their demand for suspension of business of the day to take up a discussion on the farmers' agitation was rejected by the Chairman. The opposition parties had given notice under rule 267 calling for the suspension of business of the day to take up discussion on the ongoing

New Delhi, Feb 2: Farmer unions on Monday announced a countrywide 'chakka jam' on February 6 when they would block national and state highways for three hours in protest against the Internet ban in areas near their agitation sites, harassment allegedly meted out to them by authorities, and other issues. Union leaders told a press conference at the Singhu Border, on the Haryana side, that they will

Feb 2: A mammoth spending plan of almost $500 billion announced by Prime Minister Narendra Modi’s government is expected to jump-start growth in an economy battered by the coronavirus pandemic, but may not be enough to make a dent in the rising unemployment and poverty India has battled. Finance Minister Nirmala Sitharaman on Monday unveiled a national budget that will cause the fiscal deficit to

New Delhi, Feb 1: For every rupee in the government coffer, 53 paise will come from direct and indirect taxes, 36 paise from borrowings and other liabilities, 6 paise from non-tax revenue like disinvestment and 5 paise from non-debt capital receipts. According to the Union Budget 2021-22 presented in Parliament by Finance Minister Nirmala Sitharaman on Monday, goods and services tax will

A large number of commonly used items, including refrigerators, air conditioners, LED lights and mobile phones, will become more expensive due to hike in customs duty on imported parts, as proposed by Finance Minister Nirmala Sitharaman in the Union Budget for 2021-22. However, gold and silver will become cheaper as a result of rationalisation in customs duty on imports of these precious metals

New Delhi: Prime Minister Narendra Modi on Monday hailed the Union Budget, saying it has the vision of 'Aatmanirbharta' (self reliance) and addresses all sections of the society, while keeping farmers and villages at its heart. "This Budget has a special focus on strengthening the agriculture sector and boosting farmers' income. Villages and farmers are at its heart," Modi said. The budget will

New Delhi, Feb 1: The TMC lashed out at the Centre over the Union Budget on Monday, saying it was 100 per cent "visionless" and its theme was "sell India." The remarks came after Finance Minister Nirmala Sitharaman read out the Union Budget speech in the Lok Sabha. "India's first paperless budget is also a 100% visionless budget. Theme of the fake budget is Sell India!" TMC spokesperson Derek O

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