NEW DELHI: Finance Minister Nirmala Sitharaman on Tuesday announced exemption of three more medicines from custom duties to provide relief to the patients suffering from the dreaded disease. Presenting the Union Budget 2024, Sitharaman said, “To provide relief to cancer patients, I propose to fully exempt three more medicines from customs duties.” The finance minister […]
NEW DELHI: The government on Tuesday proposed slashing import duty on mobile phones, chargers and some components that are used for manufacturing of handsets in the Union Budget for fiscal year 2024-25. Finance minister Nirmala Sitharaman said with a three-fold increase in domestic production and almost 100-fold jump in exports of mobile phones over the […]
JAIPUR: All India Gem and Jewellery Domestic Council (AIGJDC) on Tuesday hailed the Union Budget, saying the reduction in the basic customs duty on gold and silver to 6 per cent and on platinum to 6.4 per cent is a commendable move by the Central government. AIGJDC Chairman Saiyam Mehra said that this was a […]
Irfan leads as first owner SRINAGAR: Paris Automobiles, the authorized dealer of Bajaj Pulsar, has officially launched the much-anticipated Pulsar NS 400Z in Srinagar. Irfan, a resident of Srinagar, made history by becoming the first owner of the Bajaj Pulsar NS 400Z in Kashmir. He expressed his excitement and pride in being the first owner […]
NEW DELHI: The Atal Innovation Mission (AIM) at NITI Aayog and the World Intellectual Property Organisation (WIPO) on Monday joined hands towards building joint innovation programmes in the Global South. Union Minister for Education and Skill Development Dharmendra Pradhan said that innovation is India’s strength. “This pathbreaking partnership between AIM and WIPO will take the […]
NEW DELHI: India needs Rs 56.68 lakh crore for climate action by 2030 but much of the resources flow for climate action, mitigation and adaptation are primarily from domestic resources, the Economic Survey 2024 said on Monday. “The preliminary estimates of the overall resource requirement, as stated in the country’s NDC, are USD2.5 trillion for […]
NEW DELHI: For the MSME sector, the Gross Value Added (GVA) per worker increased from Rs 1,38,207 to Rs 1,41,769 and Gross Value of Output (GVO) per establishment increased from Rs 3,98,304 to Rs 4,63,389 showing increased productivity and labour efficiency, the Economic Survey said. It highlighted the success of the Udyam Registration portal that […]
NEW DELHI: The share of India’s services exports in world services exports has risen remarkably from 0.5 per cent in 1993 to 4.3 per cent in 2022, according to the Economic Survey tabled in Parliament on Monday by Finance Minister Nirmala Sitharaman. India’s external sector remained strong amidst ongoing geopolitical headwinds with services exports continuing […]
NEW DELHI: Employees’ Provident Fund Organisation (EPFO) has added 19.50 lakh new members in the month of May this year, which is the highest ever since the first payroll data was issued in April 2018, official figures showed. The total number of net additions represents a 19.62 per cent increase compared to the corresponding figure […]
NEW DELHI: Coming as a positive signal for the rural two-wheeler (2W) market, a recent report said there has been a recovery in the two-wheeler segment in the first half (H1) of 2024. This surge is primarily due to the emerging performance in rural areas. As per the Federation of Automobile Dealers Associations (FADA), the […]