CATEGORIES

BENGALURU BARS GET INTIMATE

The city’s beverage scene, long dominated by cookie-cutter mega microbreweries, Is evolving to become more sophisticated

Sweet and sour, kiwi is packed with antioxidants

I sliced a kiwifruit this morning, and the burst of fluorescent green filled me with a sense of virtue.

Writing at a tangent to market forces

For nearly 20 years, Sharmistha Mohanty has offered a platform to writers who occupy the space between literary forms

Is this the slow-motion death of music criticism?

News of 'Pitchfork' being folded into 'GQ' is another sign of the shrinking space afforded to informed criticism

A numerical sketch of Mandela

In an immersive installation, Jitish Kallat maps Nelson Mandela's desk calendars from his long imprisonment

The Budget's Horizon Is A Mark Of Its Confidence

It is interim but also benefits from a rare political context that enables aiming for the long haul. It keeps an eye on polls with due fiscal restraint and a steady focus on infrastructure

Sunshine To Startups: Money For Ideas

The ₹1 tn innovation fund is expected to help India transition from a services economy to a research and manufacturing hub

Interim Budget 2024: It Makes An Impressive Effort On A Key Front

Its highlight is its proposed path of fiscal consolidation towards the government's deficit target of 4.5%-of-GDP by 2025-26

Paytm sees bank normalcy back by March

Shares of Paytm (One 97 Communications) hit the 20% lower circuit on Thursday, a day after RBI directive

Byju's investors seek to eject CEO Raveendran, rejig board

Large shareholders of Byju’s have demanded a shareholders’ meeting to oust its top leadership including founder and chief executive Byju Raveendran and recast its board, days after the edtech startup tapped its existing investors for emergency capital at a throwaway valuation.

RIL may pay $2.3 bn for 60% stake in Disney India assets

Big markdown for Disney assets' valuation; business may be later merged with Viacom18

Bharat Mobility Expo opens as EVs, PVs clock high growth

Indian automobile manufacturers, suppliers and participants from allied sectors, including batteries, charging, steel and tyres, came together for the first edition of the Bharat Mobility Global Expo 2024 on Thursday. Prime Minister Narendra Modi is slated to speak at the event today, when the event also opens to the public.

Temasek Holdings exits PB Fintech for ₹2,425 cr

The transaction was executed through a block sale on the exchanges

Cabinet extends subsidy schemes for apparel, sugar

The scheme for a RoSCTL for the export of apparel, sugar subsidy scheme for AAY families extended for 2 years

Centre targets 30% higher revenue from telcos in FY25

Revenue projection for FY25 points at consistent AGR collections, spectrum auctions

More women in colleges, but not many in jobs

The country has seen a remarkable rise in women joining colleges, and many of them are studying science and technology courses, but that has failed to significantly improve the diversity quotient at corporate India.

Prevention and cure: focus on women

Proposals to promote vaccination of girls aged 9-14 for prevention of cervical cancer, tackle malnutrition among women

Healing touch: Plan for more medical colleges

The Centre’s plans to open more medical colleges and strengthen the existing ones will boost the supply of trained healthcare professionals and improve the doctor-population ratio in the country.

Holiday budgets to create hot jobs

As more Indians travel and the states promote domestic tourism, employment opportunities are expected to boom

Govt seeks to reduce post-harvest losses

The government has increased budgetary allocations aimed at improving livestock health, boosting milk productivity, and reducing post-harvest losses as part of its efforts to ensure food security.

The big target: ₹50,000 cr from disinvestment

The government has set an ambitious divestment target of ₹50,000 crore for FY25, about 67% higher than its revised target of collecting ₹30,000 crore selling its holdings in public sector enterprises in the current fiscal year ending 31 March.

Key agri schemes get little water

The budget did not raise the annual cash transfer benefit under the PM-Kisan scheme, keeping it at ₹6,000 per eligible farm family

Everybody's a winner in this infra race

The good news is that capex outlay proposed for FY25 is up 17%, at ₹11.11 trillion, but the details are not as exciting

Focus on rural boost, little for middle class

The interim budget laid out several key measures that are likely to assist rural employment and boost farmer income amid a weak demand for packaged goods reported from villages. However, companies said the budget did little to address subdued consumer demand among lower middle-income households.

Why we can expect a banking rally

If the Nifty falls, the Bank Nifty and PSU Bank indices will fall less, and if the gauge rises, they will rise more, say analysts

Two regime dilemma: Clarity on agri income

If you’re an individual taxpayer or Hindu Undivided Family (HUF) with agricultural income, the interim budget has clarified the treatment of agricultural income while computing taxes under the new tax regime.

A plan to detangle old tax disputes

Disputed tax demands up to ₹25,000 till FY2009-10, and up to ₹10,000 for FY2010-11 to FY2014-15 scheduled to be withdrawn

More firepower for defence spending

India on Thursday set aside ₹6.2 trillion for defence spending in the interim budget for FY25, an allocation that was 4.72% higher than in last year's budget estimates and marginally lower (0.37%) compared to the revised estimates for FY24.

In an election year, no free lunch

A budget without sops or freebies reflects the government's confidence; Opposition terms it arrogance

Incredible India slumps as budget puts faith in local

First, the good news. Finance minister Nirmala Sitharaman announced in the interim budget on Thursday that the government would focus on developing new tourist destinations in India, boosting domestic tourism, and promoting spiritual tourism.