NEW DELHI: Economic affairs secretary Ajay Seth has been given additional charge of the revenue department, according to an official order on Saturday. The vacancy at the revenue department was created after former finance secretary Tuhin Kanta Pandey was appointed chairman of market regulator – Securities and Exchange Board of India (Sebi). Pandey held the…
NEW DELHI: Hiring for white-collar jobs in India witnessed a 32% year-on-year surge in January 2025, driven by sectors such as semiconductors, energy, waste management, and manufacturing, according to the latest foundit Insights Tracker report.The hiring growth is attributed to rising consumer demand, strategic incentives from the Union Budget 2025-26, and an increasing focus on…
The Rs 2.9 lakh crore allocated for road transport and highways ministry for 2025-26 – barely 2.4% higher than the revised estimate of FY25 – is the lowest increase in the last 10 years.Sources said the marginal rise is mainly because not many projects are under execution and no new flagship highway development programme has…
NEW DELHI: The opposition on Saturday criticised the Union Budget presented by finance minister Nirmala Sitharaman and claimed that the government missed the opportunity to cut slacks for several groups.Aam Aadmi Party chief Arvind Kejriwal attacked the government for not waiving off home loans and vehicle loans of the middle class and farmers.Taking to X,…
NEW DELHI: Union minister Pralhad Joshi has said that the Union Budget 2025-26 will be pro-people, pro-poor, pro-middle class budget as it has been since “economy of this country started being taken care of under the leadership of PM Narendra Modi.”“Ever since economy of this country started being taken care of under the leadership of…
NEW DELHI: Odisha, Chhattisgarh, Goa, Jharkhand and Gujarat have emerged as the top performing states in the fiscal health index, compiled by govt think tank Niti Aayog.Punjab, Andhra Pradesh, West Bengal, Kerala and Haryana figure at the bottom of the table. The performance of the states have been put under four categories – achievers, front…
MUMBAI: Startups and venture capital (VC) firms are seeking an easier tax regime and measures to boost availability of domestic capital in the upcoming Budget. Parity between foreign and domestic funds in terms of taxation is required to attract foreign investors to Indian alternative investment funds (AIFs), said Siddarth Pai, founding partner at 3one4 Capital…
NEW DELHI: The Supreme Court on Friday stayed Goods and Services Tax (GST) proceedings against 49 online gaming companies over retrospective demand notices issued to them, a decision that pushed up the share price of some of the listed entities.A bench of Justices J B Pardiwala and R Mahadevan passed the interim order, while posting…
NEW DELHI: Government on Wednesday approved the continuation of the Centre’s flagship crop insurance schemes, until 2025-26, allocating a total outlay of Rs 69,515.71 crore for the period from 2021-22 to 2025-26.The decision was taken during a meeting of the Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi. The Cabinet also…
NEW DELHI: India’s economic growth remained resilient in 2024, with projections reflecting a strong trajectory despite global challenges. The finance ministry estimates a 6.5% GDP growth rate for the fiscal year 2024-25, while the World Bank’s India Development Update forecasts an even higher 7% growth, solidifying India’s position as the world’s fastest-growing major economy.India is…
