RBI: 7.2 pc GDP growth for 2024-25

RBI Governor Shaktikanta Das, says inflation will moderate from July onwards as the monsoon has improved and global food prices have shown signs of easing in July.

RBI sees a positive shift in FPI's flows in domestic market

While announcing the monetary policy, RBI Governor Shaktikanta Das noted a positive shift in foreign portfolio investment (FPI) flows, with USD 9.7 billion net inflows in domestic markets from June 2024.

'PREMATURE TO TALK ABOUT US RECESSION ON ONE-MONTH DATA'

RBI will be watchful of all incoming data, says RBI governor Shaktikanta Das

WEARABLE DEVICE MARKET IN INDIA DECLINES FIRST TIME 10%

India's wearable device market declined for the I'market de by 10 per cent year-over-year to 29.5 million units in the quarter of 2024.

MSMEs backbone of economy: Gujarat CM

The IndoAmerican Chamber of Commerce (IACC) launched its inaugural “IACC-MSME Centre of Excellence” on Thursday at the KCG auditorium, i-HUB campus in Ahmedabad.

Piyush Goyal asks footwear industry to aim $50 billion export by 2030

Union Commerce Minister Piyush Goyal, speaking at the India International Footwear Fair (IIFF) 2024 on Thursday, asked the footwear manufacturers to aim USD 50 billion export target by 2030.

Boilers Bill introduced in Rajya Sabha, new legislation to replace century-old law

The Boilers Bill 2024 was introduced in Rajya Sabha on Thursday by Union Minister for Commerce and Industry Piyush Goyal.

Lenders to share credit information on fortnightly basis instead of monthly from Jan 2025

The Reserve Bank of India (RBI) has reduced the mandated frequency of reporting of credit information by Credit Institutions to Credit Information Companies.

Fintech will transform income and wealth creation, says CEA

Emphasising the significance of the Fintech ecosystem, Chief Economic Advisor V Anantha Nageswaran on Thursday stated that the swift development of Fintech solutions will significantly transform income, savings, and wealth creation in India, ultimately contributing to social stability.

RBI KEEPS INTEREST RATE UNCHANGED FOR NINTH TIME IN A ROW

Four out of the six members of MPC voted in favour of the rate decision

Yunus Appeals For Calm, Army Says Can't Fill Void Left By Police

Nobel laureate Prof Mohammad Yunus, the designated head of Bangladesh's interim government, on Wednesday fervently appealed everybody "to stay calm" and "refrain from all kinds of violence" as the country witnessed a major reshuffle in the security establishment following the ouster of the Sheikh Hasina government.

Taxes Imposed On Health Insurance Even Before GST Regime: Sitharaman

Both life insurance and medical insurance premiums attract a 18% GST

Legal and ethical implications

Phogat's case raises significant legal questions about the proportionality of punishment to the offense.

CM requests L.G. for Atishi to hoist Independence Day flag; BJP criticises move

Aam Aadmi Party National Convenor and Delhi Chief Minister Arvind Kejriwal, who is currently in jail, has written a letter to Lieutenant Governor V.K. Saxena regarding the upcoming Independence Day celebration in Delhi's government schools.

HC asks ED if it plans to arrest Kejriwal again in bail cancellation plea

New Delhi In the Delhi Excise Policy case, the Enforcement Directorate (ED) has requested a short adjournment to address its plea for the cancellation of bail granted to Chief Minister Arvind Kejriwal.

CBI TAKES OVER COACHING CENTRE DEATHS PROBE

The Central Bureau of Investigation on Wednesday took over the Delhi coaching centre deaths case, in which three UPSC aspirants drowned in the basement in Old Rajinder Nagar, officials said.

SUPREME COURT RESERVED JUDGEMENT ON BAIL PETITION; 'SOME INCONGRUENCY' IN ED'S STANCE THAT MANISH SISODIA DELAYED TRIAL

The Supreme Court in case reserved its verdict wherein the petition is filed former Delhi Deputy Chief Minister Manish Sisodia seeking bail in the liquor policy case.

US Consul General at Hyderabad meets Odisha CM to deepen US-Odisha ties

The Consul General of the United States at Hyderabad, Jennifer Larson, on Wednesday, called on Odisha Chief Minister Mohan Charan Majhi at Lok Seva Bhawan in Bhubaneswar to discuss ways to strengthen the partnership between the US and Odisha.

NATIONAL HANDLOOM DAY: PATEL INAUGURATES EXHIBITION ORGANISED BY NIFT GANDHINAGAR

Gujarat Chief Minister Bhupendra Patel inaugurated the Handicraft Exhibition organised by the National Institute of Fashion Technology (NIFT) in Gandhinagar on Wednesday.

Indian Aviation will use 20 pc biofuels, made from stubble over the next five years: Gadkari

Union Minister Nitin Gadkari highlighted in Rajya Sabha on Wednesday that within the next five years, India's aviation industry will use 20 per cent of Bioaviation fuel.

MINING TAX RULING BY SC COULD HIT WIDE RANGE OF PRODUCERS: S&P

A shifting tax landscape for mining companies in India will have a pass-on effect on steel and other industries, and ultimately on the Indian consumer, asserted S&P Global Ratings.

Custom duty cut will promote industry: FM

Responding to the questions raised on indirect taxes in the Finance Bill on Wednesday, Finance Minister Nirmala Sitharaman said that the government has brought in transformational changes to enable growth and employment in the country.

Reliance maintains its No 1 position among India Inc in social responsibility spends

As per Reliance Industries Limited's annual, the conglomerate maintained its position as India's largest corporate philanthropy.

Bill to amend Waqf Act likely today

A Bill aimed at amending 44 sections of the Waqf Act of 1995 is expected to be presented in the Lok Sabha on Thursday, according to top government sources.

LS passes Finance Bill

Government has strived for growth, employment, simplification of tax laws, says Finance Minister Nirmala Sitharaman

Slugfest ensues as Oppn cries foul; PM roots for her comeback

As hopes of over billion people dashed after Vinesh Phogat was disqualified, A slugfest ensued with politicians trading barbs on just who was responsible for the mess.

A BILLION HOPES CRUSHED UNDER 100 GRAMS

Wrestler Vinesh Phogat disqualified from the Paris Olympics for weighing 100g more than permissible limit Wrestling Federation of India has filed appeal to United World Wrestling to reconsider decision to disqualify Vinesh

Manipur violence case: Supreme Court extends term of Justice Gita Mittal Committee by 6 months

The Supreme Court in the Manipur Violence case observed and has granted the extension of Justice Gita Mittal Committee for 6 months.

SC criticises Uttar Pradesh govt for delay in deciding remission application, directs Principal Secretary to appear

The Supreme Court in the case Kuldeep v.State Of UP And Ors. observed and has ordered the Principal Secretary of the prisons department of Uttar Pradesh to appear before the Court via video conference on August 19, 2024 over the government's failure to timely decide remission petition of a convict.

MOTOR ACCIDENT CLAIM: HRA, PF CONTRIBUTION SHOULD BE INCLUDED WHILE COMPUTING LOSS OF DEPENDENCY, SAYS SUPREME COURT

The Supreme Court in the case Meenakshi Versus The Oriental Insurance Co Ltd observed that the emoluments and benefits such as house rent allowance, flexible benefit plan, contribution to provident fund, PF etc. which is accrued to the deceased ought to be included while computing the loss of dependency in order to determine the compensation.