New Delhi, July 18 (IANS) Finance Minister Nirmala Sitharaman on Saturday said India has transformed into a preferred destination for innovation and enterprise, urging young entrepreneurs to seize emerging opportunities and build globally competitive businesses from the country.Addressing the Special Plenary Session of the YiFi Entrepreneurship Summit 2026 in Madurai, Tamil Nadu, FM Sitharaman said India today offers a stable policy environment, regulatory certainty and world-class infrastructur…
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Mumbai, July 9 (IANS) The Nationalist Congress Party (NCP) Legislature Party on Thursday requested the Maharashtra government to recommend the name of the late NCP National President and former Deputy Chief Minister, Ajit Pawar, for the prestigious Padma Vibhushan (Posthumous) award.NCP Chief Whip in the state Assembly Chetan Vitthal Tupe (Patil) has sent a letter on behalf of all NCP Members of the Legislative Assembly (MLAs) and Legislative Council (MLCs) to Chief Minister Devendra Fadnavis, u…
Kathmandu, July 7 (IANS) Nepal’s Prime Minister Balendra Shah, who had avoided one-on-one meetings with foreign officials since taking office, held his first such meeting on Tuesday with visiting Asian Development Bank (ADB) President Masato Kanda. Instead of meeting foreign diplomats individually, Shah has so far preferred collective interactions with Ambassadors, seeking to maintain a strict protocol governing such engagements.Three and a half months after assuming office on March 27, Shah met…
Guwahati, July 6 (IANS) Assam Chief Minister Himanta Biswa Sarma on Monday said the state Budget, to be presented later this week, will chart the government’s economic roadmap for the next five years, with a strong emphasis on implementing the commitments made in the BJP-led alliance’s election manifesto. The budget session of the Assembly began on Monday, and this will be the first budget after the BJP-led alliance came to power in the state for the third consecutive term. Talking to reporters …
France/New Delhi, July 3 (IANS) Finance Minister Nirmala Sitharaman on Friday said India’s AI-ready talent pool and industry-backed skilling programmes are creating new opportunities for the country’s middle class while positioning India as the preferred destination for Global Capability Centres (GCCs).Speaking at a panel discussion on “How to Promote the Rise of a New Middle Class?” during the Rencontres Economiques d’Aix-en-Provence at Aix-Marseille University in France, FM Sitharaman highligh…
Seoul, June 27 (IANS) Two additional South Korean vessels have cleared the Strait of Hormuz after being stranded there for months amid the conflict in the Middle East, the oceans ministry said on Saturday.”Two vessels operated by South Korean shipping companies, which had been waiting inside the Strait of Hormuz, are sailing normally after passing through the strait,” a ministry official said, reports Yonhap news agency.They were among the 26 South Korea-related vessels that had been stranded in…
Kolkata, June 22 (IANS) The first budget under a Bharatiya Janata Party (BJP) Government in West Bengal will be presented on the floor of the state Assembly on Monday afternoon by the new state Finance Minister, Swapan Dasgupta, a journalist-turned-politician, amid expectations of new measures for the state’s own tax revenue generation, better debt management and reformed policies to attract big ticket investments.While apprehensions among common people surface before any budget about the poss…
Kolkata, June 10 (IANS) Swapan Dasgupta and Jagannath Chattopadhyay, the two journalist-turned-politicians who were allotted crucial cabinet berths in the West Bengal government on Wednesday, set their immediate agendas soon after the portfolio distribution was announced earlier in the day. For Dasgupta, the target is to increase the state’s own tax revenue without imposing an additional burden on people through an upward revision of the existing tax structure.“There is no logic that the sta…
Kolkata, May 15 (IANS) The budget session of the West Bengal Assembly will commence on June 18, and the full budget by the finance minister of the first BJP-led state government since Independence will be presented on June 22, announced the new Speaker of the House, Rathindra Bose at a special session of the House on Friday, where Bose took oath as the Speaker of the House. As the full budget is scheduled to be presented on June 22, it is expected that the new cabinet led by the ninth West Benga…
Mumbai, May 8 (IANS) The government’s newly implemented Income Tax Act 2025 has made India’s tax system simpler, easier to understand and more taxpayer-friendly, Chief Commissioner of Income Tax (IT & TP) Nirupama Kotru said on Friday. Speaking to IANS on the sidelines of an awareness programme here, she said the reforms are aimed at helping ordinary citizens file returns without confusion and reducing dependence on tax professionals for basic compliance.“There has been no change in po…