Efforts to tax the super-rich have not been successful as Indian stocks saw $250 billion being erased since July, the month the Budget announcement was made.
The benchmark S&P BSE Sensex fell 0.2% to 37,815.94 as of 9:56 a.m. in Mumbai. This comes amid foreign outflow after Modi govt's spending plan was revealed in the Budget.
Despite growing passenger volume, 11 out of 14 carriers reported losses in 2023-24. IndiGo recorded profit of Rs 8,167 crore, which reduced to Rs 7.253 crore in 2024-25.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
None of Pakistan’s PMs has lasted 5 years. That the current PM has given Asim Munir 5 years shows that of all military dictatorships history has seen, Pakistan’s is most creative.
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