MUMBAI: The Indian financial system is stronger than in the past and the country’s economy is an outlier which is growing steadily even as the global financial system is facing strong headwinds, according to RBI Deputy Governor M. Rajeshwar Rao.

NEW DELHI: As many as 16.83 crore new jobs have been created in the last six financial years from 2017-18 to 2023-24 , Minister of State (MoS) for Labour and Employment Shobha Karandlaje informed the Parliament.

NEW DELHI: Even as citizen-centric platform MyGov on Friday celebrated 10 years of participatory governance, CEO Akash Tripathi pledged to work towards a Viksit Bharat by 2047.

NEW DELHI: The Power Ministry has estimated that the expansion required in the country’s thermal capacity to meet the growing demand for electricity will entail an expenditure of a minimum of Rs 6.67 lakh crore by 2031-32, Minister of State for Power Shripad Naik informed the Parliament on Thursday.

MUMBAI: Indian equity indices opened in the green on Friday following positive global cues.

MUMBAI: Global credit agencies said the government’s plan for fiscal consolidation would positively impact India's credit profile.

MUMBAI: Indian equity indices closed flat on Thursday following a volatile session.

HYDERABAD: Telangana Deputy Chief Minister Mallu Bhatti Vikramarka, who also holds the Finance portfolio, on Thursday presented the state Budget of Rs 2.91 lakh crore for 2024-25, with focus on welfare and fulfilling the six guarantees of the Congress government.

NEW DELHI: India's business activity accelerated to a three-month high in July as the services sector surged and manufacturing picked up momentum leading to companies hiring at the fastest pace in 18 years, according to the latest HSBC's survey.

MUMBAI: Edelweiss Mutual Fund on Thursday announced it has raised over Rs 1,800 crore after successfully concluding the new fund offer (NFO) for the Edelweiss Business Cycle Fund.

NEW DELHI: Leading agritech AgroStar on Thursday released its comprehensive Environmental, Social, and Governance (ESG) impact report 2024, showcasing its transformative impact on the Indian agriculture ecosystem.

NEW DELHI: To curb the spread of spam calls and unsolicited business messages, the Centre on Thursday extended the timeline for feedback submission for draft guidelines by 15 days to August 5.

NEW DELHI: Homegrown Generative AI (GenAI) startup Devnagri on Thursday said it has raised an undisclosed amount in a pre-Series A round led by Inflection Point Ventures.

NEW DELHI: The new tax provisions and the capital gains tax regime will enable people to save more money than before and simplifying the tax assessment process will also provide relief to taxpayers, Ravi Agarwal, Chairman of Central Board of Direct Taxes (CBDT), said on Thursday.

MUMBAI: Indian equity indices opened in the deep red on Thursday following negative cues from global markets.

SAN FRANCISCO: The affordable internet service Starlink is now operational on more than 1,000 aircraft, SpaceX and Tesla CEO Elon Musk said on Thursday.

AHMEDABAD: Bhutan King Jigme Khesar Namgyel Wangchuck and Prime Minister Dasho Tshering Tobgay on Wednesday said their visit will further strengthen the friendship ties between Bhutan and Bharat, as they wrapped up the three-day visit to Gujarat where they also visited the Adani Group-operated world's largest Renewable Energy (RE) site at Khavda and Mundra Port.

NEW DELHI: For the first time, the Union Budget 2024 places a significant focus on employment-linked schemes, setting a new precedent for prioritising job creation and skilling in our nation, Jayant Chaudhary, Minister of State for Skill Development and Entrepreneurship (Independent Charge) said on Wednesday.

AHMEDABAD: Adani Green Energy Limited (AGEL) on Wednesday said it has operationalised the first 250 MW wind capacity at the world’s largest 30,000 MW (30 GW) renewable energy plant at Khavda, Gujarat.

NEW DELHI: India has been ranked at 82nd spot on a global passport index, allowing Indians visa-free entry to 58 countries, including popular destinations like Indonesia, Malaysia and Thailand.

NEW DELHI: The full budget for 2024-25 presented by the Finance Minister in Parliament on Tuesday has accelerated the thrust of the Interim Budget on empowering youth, women, farmers and the poor, with the introduction of bold path-breaking initiatives to increase employment and enhance incomes in these priority segments of society.

NEW DELHI: The Union Budget under Prime Minister Narendra Modi 3.0 contains some big bang tax reforms and the government is sticking to its path of simplifying and streamlining the entire tax regime, experts said on Wednesday.

MUMBAI: India's frontline indices opened in the red on Wednesday as heavyweights like HUL and Bajaj Finance emerged as top losers.

NEW DELHI: Stock market experts on Wednesday said that investors should focus on buying stocks which can deliver superior returns after a marginal increase in long-term capital gains tax (LTCG) on equity becomes a reality.

BENGALURU: Karnataka Deputy Chief Minister D.K. Shivakumar on Tuesday said that the Budget presented by the Union Finance Minister Nirmala Sitharaman is an attempt to ‘save’ the NDA government.

CHANDIGARH: Punjab BJP President Sunil Jakhar on Tuesday lauded the Budget, saying that it is an abiding promise towards achieving the inclusive vision of ‘Viksit Bharat’.

JAIPUR: Rajasthan CM Bhajanlal Sharma on Tuesday hailed the Union Budget, saying it is a public welfare Budget that will pave the way for making India a $5 trillion economy.

NEW DELHI: Congress MP Shashi Tharoor on Tuesday criticised the Central government over the Union Budget, saying that there was very “little to cheer about” in the Budget as it has failed to address the issues of common people and only the two states of Bihar and Andhra Pradesh gained and other states did not.

NEW DELHI: The Centre on Tuesday said Goods and Services Tax (GST) has decreased tax incidence on the common man, reduced compliance burden and logistics cost for trade and industry, and enhanced revenues of the Central and state governments.

NEW DELHI: In a major relief for the startup ecosystem, the government on Tuesday announced to abolish angel tax to further boost local talent and innovation.

NEW DELHI: Focussing on women-led development, the government on Tuesday announced more than Rs 3 lakh crore for schemes benefiting women and girls.

NEW DELHI: The government on Tuesday announced several measures to boost the sentiments of the non-farming business community and MSMEs, along with enhancing Mudra loans to Rs 20 lakh from Rs 10 lakh.

NEW DELHI: Ahead of presenting the Union Budget in Parliament, Finance Minister Nirmala Sitharaman met President Droupadi Murmu in the Rashtrapati Bhawan on Tuesday.

MUMBAI: India equity indices were trading flat on Tuesday ahead of Finance Minister Nirmala Sitharaman's budget presentation at 11 a.m. in Parliament.

NEW DELHI: Union Finance Minister Nirmala Sitharaman is set to present her seventh straight Union Budget on Tuesday that would lay a roadmap for 'Viksit Bharat' by 2047.