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Economy

ArcelorMittal’s India JV CEO urges curbs on steel imports at ‘predatory prices’

BENGALURU (Reuters) - ArcelorMittal's India joint venture urged the federal government to implement measures to curb steel imports at predatory prices. "We remain hopeful that the government will take

Budget 2024-25: Finance Minister’s vision boosts infrastructure and tourism, but leaves hospitality sector wanting more

New Delhi , July 23 (ANI): Finance Minister Nirmala Sitharaman unveiled the Union Budget for the fiscal year 2024-25 on Tuesday.While the budget has...

Oil dips as Gaza ceasefire expectations grow

By Georgina McCartney LONDON (Reuters) -Oil prices dipped on Tuesday as growing expectations of a ceasefire in the war in Gaza weighed on prices, more than offsetting news of a potential September

Crisis-hit jute sector lauds Union budget

Kolkata, Jul 23 (PTI) The Indian jute industry, facing reduced orders for foodgrain packaging, has welcomed the Union Budget, which includes several key...

Budget 2024 abolishes ‘angel tax’, startup investors rejoice

‘Angel tax’, introduced in 2012 in an attempt to prevent money laundering, referred to the tax imposed on excess capital raised over fair market value.

FM clamps down on F&O trading; raises STT from Oct 1 to discourage retail investors

New Delhi, Jul 23 (PTI) Finance Minister Nirmala Sitharaman on Tuesday said securities transaction tax (STT) will be increased on futures and options (F&O)...

Union budget to promote inclusive growth: Industry players

Kolkata, Jul 23 (PTI) The Union budget, presented by Finance Minister Nirmala Sitharaman on Tuesday, will promote inclusive growth and provide resilience in...

FM clamps down on F&O trading; raises STT from Oct 1 to discourage retail investors

New Delhi, Jul 23 (PTI) Finance Minister Nirmala Sitharaman on Tuesday said securities transaction tax (STT) will be increased on futures and options (F&O)...

Stock markets edge down on STT, LTCG hike; FMCG, consumer durables cap losses

Mumbai, Jul 23 (PTI) Benchmark Sensex and Nifty settled marginally lower in volatile trade on Tuesday as the government proposed to hike securities transaction...

From solar rooftops to small nuke reactors: Union Budget envisages efforts for India’s energy security

New Delhi , July 23 (ANI): Union Finance Minister Nirmala Sitharaman on Tuesday announced the launch of Pradhan Mantri-Surya Ghar Muft Bijli Yojana (PM...

On Camera

Mamata’s brush with protesting doctors serves a lesson. She’s now a failed Chief Minister

In the last 42 days of cease work, the junior doctors achieved unprecedented support from the people of Kolkata and beyond. And very little concessions from CM Mamata Banerjee.

Chemistry of curd to physics of paratha, GST rates on food are a multi-disciplinary tangle

Issue of GST on food items is in news again after hotel owner’s viral interaction with Finance Minister Sitharaman last week. But complexities highlighted go back further in time.

Indigenous aircraft carrier INS Vikrant joins Navy’s Western Fleet, ready for deployment

With the integration of the deck-based fighter jets MiG-29K now complete, Vikrant now has an overall capability to carry 30 helicopters and fixed-wing fighters.

BJP’s Northeast policy has lit new fires & reopened old wounds. And it still won’t blink

Manipur represents BJP’s unique ideological approach to governing Northeast by playing identity politics jiu-jitsu. It hasn’t gone well yet, is getting worse, but the party insists on continuing.