NEW DELHI: Finance Minister Nirmala Sitharaman on Tuesday said appropriate changes will be made to the Insolvency and Bankruptcy Code (IBC) and steps will be taken to strengthen tribunals in the country. She also proposed integrated technology platform for improving outcomes under the Code, besides additional debt recovery tribunals to be set up in […]
NEW DELHI: The government will come out with a credit guarantee scheme for MSMEs to facilitate term loans without collateral or third party guarantee, Finance Minister Nirmala Sitharaman said on Tuesday. Presenting her seventh straight Union Budget, she also said that public sector banks to build in-house capability for credit assessment of MSMEs. […]
NEW DELHI: The Union Budget for 2024-25 will provide Rs 1.48 lakh crore for education, employment and skilling in the country. Presenting the Budget in the Lok Sabha, Finance Minister Nirmala Sitharaman said it will focus on employment, skilling, MSMEs and the middle class. She added that the government has extended the PM […]
NEW DELHI: The government on Tuesday announced a new centrally-sponsored scheme for skilling 20 lakh youth over the next five years. The announcement was made by Finance Minister Nirmala Sitharaman in the Union Budget 2024-25. The minister said that model skilling loan scheme will be revised to facilitate loans up to […]
NEW DELHI: The government on Tuesday said it will launch three employment-linked schemes. While presenting the Union Budget for 2024-25, Finance Minister Nirmala Sitharaman said the government will provide incentives to 30 lakh youth entering the job market by providing one month’s PF (provident fund) contribution. She announced that working women hostels will […]
NEW DELHI: The Union Cabinet headed by Prime Minister Narendra Modi on Tuesday approved the full budget for 2024-25, sources said. Following this, Finance Minister Nirmala Sitharaman will present her seventh budget in the Lok Sabha. Sitharaman, the first full-time woman finance minister of the country, has presented five full budgets since July […]
NEW DELHI: Finance Minister Nirmala Sitharaman on Tuesday again took a digital tablet wrapped in a traditional ‘bahi-khata’ style pouch as she headed for Parliament to present the full Budget 2024-25 in a paperless format just like the previous years. Draped in a white silk saree with magenta border, she posed for […]
NEW DELHI: The Supreme Court on Monday imposed an interim stay on directives passed by the Uttar Pradesh and Uttarakhand governments that eateries along the Kanwar Yatra route must display names of owners. A bench of Justices Hrishikesh Roy and S V N Bhatti issued notices to the Uttar Pradesh, Uttarakhand and Madhya Pradesh […]
NEW DELHI: Ahead of the start of Parliament’s Budget session, Prime Minister Narendra Modi on Monday said people have given their verdict in the Lok Sabha polls and now all political parties must fight together for the country for the next five years. A day before the presentation of the Union Budget, Prime Minister […]
WASHINGTON: The Democratic Party will undertake a transparent and orderly process to move forward with the nomination of the new presidential candidate for the November general elections, its National Committee chair Jaime Harrison said after incumbent President Joe Biden ended his re-election campaign. In a stunning decision on Sunday, Biden (81) announced that he […]