PM to meet economists ahead of Union Budget on Thursday

NEW DELHI: Prime Minister Narendra Modi will on Thursday meet eminent economists to elicit their views and suggestions for the upcoming Budget, a senior government official said. Union Finance Minister Nirmala Sitharaman is scheduled to present the Budget for 2024-25 in the Lok Sabha on July 23. Besides economists and sectoral experts, the prime minister’s […]

CCPA directs Yatra to refund Rs 2.5 crore for tickets booked during Covid

NEW DELHI: The Central Consumer Protection Authority (CCPA) initiated a suo moto action against the online ticket booking platform ‘Yatra’ for non-refund of airline tickets cancelled due to the COVID-19 lockdown. A show-cause notice vide dated 09.03.2021 was sent to Yatra Online Limited regarding the pendency of refunds of bookings which got affected by COVID-19. […]

Sensex, Nifty hit new all-time closing high levels; Maruti top gainer

MUMBAI: Benchmark indices Sensex and Nifty rebounded on Tuesday, hitting their fresh record closing levels on the back of gains in auto and FMCG shares and foreign fund inflows. The 30-share BSE Sensex climbed 391.26 points or 0.49 per cent to settle at a new closing peak of 80,351.64. During the day, it jumped 436.79 […]

Inflows into equity mutual funds surge to fresh high by 17% in June: AMFI

NEW DELHI: The inflows into the equity mutual funds surged to a fresh high by 17% to Rs 40,608.19 crore in June, data released by the Association of Mutual Funds of India (AMFI) said on Tuesday. Net inflow into equity mutual funds had surged by 83.42% to a record high of Rs 34,697 crore a […]

Budget to focus on broad economic agenda: Goldman Sachs

NEW DELHI: Leading global investment banking and securities firm Goldman Sachs in a note said the upcoming budget is likely to stick to the path of fiscal consolidation, and will focus on the broad economic agenda rather than doling out minor stimulus measures. There is limited fiscal space, Goldman Sachs said, to stimulate the economy […]

Small firms record sharp rise in digital transactions

NEW DELHI: The use of internet for entrepreneurial purposes such as taking and placing orders online, carrying out transactions online or using UPIs by unincorporated enterprises has increased to 13.5 per cent from 7.7 in rural and to 30.2 per cent from 21.6 in urban sector during 2022-23, according to the latest survey released by […]

FinMin concludes pre-Budget consultations with 120 invitees across 10 stakeholder groups

NEW DELHI: The Pre-Budget consultations for Union Budget 2024-25 were concluded on 5th July 2024, the Ministry of Finance said on Sunday. The consultation meetings were started on 19th June 2024 in the Finance Ministry and chaired by Union Minister for Finance & Corporate Affairs Nirmala Sitharaman. As per the Finance Ministry, in the course […]

‘Paytm was like a daughter to me who met with an accident’: CEO

NEW DELHI: Paytm Founder and CEO Vijay Shekhar Sharma has said the company was like his daughter who was a school topper and met with an accident on the way to an entrance test. Metaphorically speaking at the 7th JITO Incubation and Innovation Fund (JIIF) Foundation Day, Sharma said, “As a founder, my company is […]

‘North India lost 450 cubic km of groundwater in 2 decades, climate change to worsen depletion’

NEW DELHI: About 450 cubic kilometres of groundwater was lost in northern India during 2002-2021 and climate change will further accelerate its depletion in the years to come, according to a new study. This is about 37 times the quantity of water the Indira Sagar dam — India’s largest reservoir — can hold at full […]

25 citizens awarded certificate of appreciation at ‘Uri Ki Udaan’

SRINAGAR: A unique initiative called “Uri Ki Udaan” was organised by the Indian Army at Govt Degree College, Uri. The event saw felicitation of 25 local citizens, young men, women and others, who were awarded Certificate of Appreciation in recognition of their invaluable contribution across various fields primarily to include Women Empowerment, Education, Sports, Art […]

1 2 3