Guwahati, June 23 (IANS) Assam Minister Pijush Hazarika on Tuesday alleged that certain “anti-development forces” were attempting to create disturbances in the state and tarnish its image, following reports that the proposed visit of Japanese Prime Minister Sanae Takaichi to Guwahati next month is unlikely to materialise. Speaking to reporters here, Hazarika said some individuals and groups were unhappy with Assam’s rapid economic progress and were trying to obstruct investment opportunities and…
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Mumbai, June 12 (IANS) Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey on Friday outlined a roadmap to further deepen India’s capital markets, announcing plans to review the short-selling and securities lending and borrowing (SLB) framework, introduce bond index derivatives and issue guidelines for the responsible use of artificial intelligence (AI).Speaking at an event, Pandey said the market regulator remains focused on reducing market frictions, broadening participat…
New Delhi, June 5 (IANS) The Finance Ministry on Friday said it has taken a series of measures to broaden and simplify foreign investment in Indian equities and government securities, to attract stable long-term foreign capital flows.Finance and Corporate Affairs Minister Nirmala Sitharaman in the Union Budget FY 2026-27 had announced that individual Persons Resident Outside India (PROI) will be permitted to invest in equity instruments of listed Indian companies through the Portfolio Investment…
Kathmandu, May 29 (IANS) Nepal’s Finance Minister, Swarnim Wagle, on Friday announced major tax relief measures targeting the middle class, mirroring steps taken by the Indian government in February 2025. Presenting a budget of NPR 2.124 trillion for the fiscal year 2026-27 at a joint session of Parliament, Minister Wagle said the government has raised the income tax exemption threshold for individuals to NPR 1 million. Currently, individuals earning more than NPR 500,000 annually are required t…
Washington, May 21 (IANS) Industrial conglomerate Adani Group’s settlement of its legal issues in the United States could help accelerate India’s ambitions in the nuclear energy sector, industry veteran Dr Kris Singh has said, adding that the diversified Group is well-positioned to contribute to large-scale infrastructure development in the field.“I’m glad to see that it’s been settled. So, the Adani (Group) can participate in the nuclear programme that had just opened up,” Singh, Fo…
Mumbai, April 17 (IANS) The Shiv Sena Uddhav Balasaheb Thackeray (UBT) on Friday accused the BJP of labelling the Noida labour protest as “Pakistani Conspiracy”, saying that it is an insult to India’s workforce and a sign of “cowardly mentality”. The Thackeray camp, in a scathing editorial of the party’s mouthpiece ‘Saamana’, claimed that the BJP uses Pakistan as a political crutch to deflect from their own failures in governance and border security.The editorial said similar claims of “Pa…
New Delhi, March 12 (IANS) India has emerged as one of the most dynamic economic success stories of the 21st century, transforming from a developing nation into one of the world’s fastest-growing major economies, a report has said. Over the past two decades, strong economic expansion, rapid digitalisation and growing global influence have helped the country play an increasingly important role in shaping the global economy, a report by News.AZ.According to international financial institutions a…
New Delhi, Feb 27 (IANS) The Union Budget’s effectiveness should be assessed through concrete parameters, such as expanding infrastructure, simplifying the flow of credit, improving the ease of doing business, and increasing transparency in governance, while also making the lives of citizens easier and generating new opportunities for them, Prime Minister Narendra Modi said on Friday.Addressing the first post-budget webinar of the 2026-27 series, PM Modi emphasised that the national budget is a …
Islamabad, Feb 3 (IANS) The dream of millions of Pakistanis working in other nations is shattered not due to distance but by betrayal. Pakistani expats often end up losing their inheritances or life’s savings through frauds and unsuccessful efforts to take back their properties which have illegal occupation, a report has detailed. A 40 per cent of Pakistanis working in other nations face property disputes, with illegal occupation and land grabbing at home being the most common offences. These ar…
Washington, Feb 2 (IANS) Leading US-India business groups welcomed India’s Union Budget 2026–27, saying it reinforces growth, fiscal discipline, and India’s role as a key economic partner for the United States during global uncertainty.US-India Business Council (USIBC) and the US-India Strategic Partnership Forum (USISPF) said the budget underscored India’s commitment to economic growth, resilience, and global competitiveness, while strengthening the foundations for deeper bilateral comm…