India-Rus Trade: India can reduce tax on America’s expensive products, budget may be announced

India-Rus Trade: India can reduce tax on America's expensive products, budget may be announced

The Government of India is considering reducing tax (tariff) on some expensive products imported from the US. These may include steel, luxury motorcycles and electronic goods. According to the report of NDTV Profit quoting sources, the announcement may be made in the budget speech of Finance Minister Nirmala Sitharaman on Saturday. India currently imposes more … Read more

Government investment: Privatization slow, emphasis on saving government companies

Government investment: Privatization slow, emphasis on saving government companies

By slowing down the ambitious disinvestment plan, the central government is now investing heavily in sick government companies. Sources associated with the government and a document obtained by Reuters show that apart from the goal of reducing the role of the government in business, the Narendra Modi government is now emphasizing on reforming the public … Read more

Queen Ahilyabai’s Maheshwari sarees are becoming more famous through Mahakal, social media

Queen Ahilyabai's Maheshwari sarees are becoming more famous through Mahakal, social media

The special sarees that Queen Ahilyabai of Holkar dynasty used to gift to royal guests, today the same Maheshwari sarees adorn the bodies of special and common women in the country and the world. Ahilyabai had appointed weavers with special skills to make these sarees in Maheshwar, Madhya Pradesh and from there today these sarees … Read more

R-Day Spl: How much is India’s defense budget, how are these lakhs of crores spent on the army? Know everything…

R-Day Spl: How much is India's defense budget, how are these lakhs of crores spent on the army? Know everything…

There has been a surge in India’s defense budget in the last few years, the defense budget for the financial year 2024-25 has become Rs 6.22 lakh crore. India’s defense budget in 2014 was Rs 2.53 lakh crore. A comparison of these two budgets shows that defense expenditure has increased by about 2.5 times in … Read more

Government should also include areas like handicrafts and leather industry in PLI scheme, this will increase the number of jobs: Deloitte

Government should also include areas like handicrafts and leather industry in PLI scheme, this will increase the number of jobs: Deloitte

The government should provide financial benefits to such areas under the PLI (Production Linked Incentive) Scheme in its upcoming budget, which can create more jobs. Deloitte said this on Sunday. This mainly includes handicrafts and leather industries etc. In addition, Deloitte suggested that existing PLI schemes should be continued in areas where success has been … Read more

India’s private sector slows down in January, manufacturing picks up but service sector slows down

India's private sector slows down in January, manufacturing picks up but service sector slows down

India’s private sector output in January grew at the slowest pace since November 2023. According to the HSBC Flash Purchasing Managers’ Index (PMI) survey released on Friday, lack of new business has slowed the services sector and also affected the rapid growth of the manufacturing sector. The index compiled by L&P Global fell to 57.9 … Read more

Forex Reserves: Foreign exchange reserves are falling down, decreased to 11 months low amidst the fall in rupee

Forex Reserves: Foreign exchange reserves are falling down, decreased to 11 months low amidst the fall in rupee

Forex reserves: Amidst the weakness in the rupee, there is a continuous decline in the country’s foreign exchange reserves. The country’s foreign exchange reserves declined by $ 1.88 billion to $ 623.98 billion in the week ended January 17. The Reserve Bank of India (RBI) said on Friday that it had declined by $ 8.71 … Read more

Impact of US sanctions: Drop in oil supply from Russia, BPCL expressed concern

Impact of US sanctions: Drop in oil supply from Russia, BPCL expressed concern

The comprehensive US sanctions imposed on Russia’s oil sector have started affecting the arrival of crude oil in India. Public sector Bharat Petroleum Corporation Limited (BPCL) has said there is not enough cargo available for March supplies. On January 10, the US had announced comprehensive sanctions targeting the Russian energy sector. These include sanctions on … Read more

Budget 2025: Preparation for major changes in PM Mudra Yojana, will loan limit increase in child and adolescent categories?

Budget 2025: Preparation for major changes in PM Mudra Yojana, will loan limit increase in child and adolescent categories?

The Union Ministry of Micro, Small and Medium Enterprises has recommended increasing the loan limit in the child and adolescent categories under the Pradhan Mantri Mudra Yojana in the budget of the upcoming financial year. The Union Budget will be presented in Parliament on 1 February. A senior government official, on the condition of anonymity, … Read more