Posthumous Padma awards conferred on Osamu Suzuki, Bibek Debroy, Sushil Kumar Modi
On the eve of the country’s 76th Republic Day, the Centre announced the list of recipients for the Padma Awards 2025 comprising 7 Padma Vibhushan, 19 Padma Bhushan and 113 Padma Shri Awards. Padma Vibhushan awardees include Late Osamu Suzuki, former Chairman of Suzuki Motor Corporation; Duvvur Nageshwar Reddy from
‘One Nation One Election’ initiative can prevent policy paralysis: President Murmu
President Droupadi Murmu has endorsed the ‘One Nation One Election’ initiative of the government and said it could prevent policy paralysis and reduce financial burden. “Another measure that promises to redefine the terms of good governance is the Bill introduced in Parliament to synchronise election schedules in the country. The
India, Indonesia air connectivity gets a boost with a revised agreement
Indian travellers will have more flight options for Bali as India and Indonesia have revised their air service agreement. While Indonesian carriers will get access to Bengaluru and Hyderabad, Indian airlines will be able to increase flights to Denpasar (Bali), Jakarta or launch new destinations in the country, it is
Government notifies Unified Pension Scheme, to be effective from April 1
The Finance Ministry has notified Unified Pension Scheme (UPS) as an option under National Pension System (NPS). It will come into effect from April 1 this year and has potential to benefit 23 lakh employees. This will be available for government servants who have joined the service on or after
Impact of Basmati price volatility in key international markets for Indian exporters
One of the most integral parts of India’s agricultural exports, the global Basmati rice market often experiences price fluctuations. Since Basmati rice is cultivated in only India and Pakistan in the world, with the former producing the giant’s share of the total cultivation, price volatility leads to considerable implications on
Cultivating change: The significance of mushrooms in sustainable agriculture and commodity markets
The global market for edible mushrooms has seen remarkable growth, with India emerging as a key player in this expanding industry. By 2024, the market was estimated to be valued at around $67.4 billion, projected to reach $97.1 billion by 2029, with a compound annual growth rate (CAGR) of 7.57
Specially-designed Vande Bharat train completes trial run in Jammu and Kashmir
Years of hard work and dedication, and some engineering marvels later, the dream of Kashmir’s rail connectivity finally came true as a specially-designed Vande Bharat Express train arrived here on Saturday, completing its trial run. The train, on its maiden trial run, arrived at the Srinagar station in the Nowgam
Some exemptions likely in new income tax regime, inflation adjusted income tax slabs possible: Rakesh Nangia
The Union Budget is expected to bring new Income Tax legislations. What are the changes likely in overall tax structure? Rakesh Nangia, Managing Partner at Nangia & Co LLP, explained in an interview. There is speculation that the new IT legislation will do away with the concept of assessment year
TPG Scion acquires stake in SCHOTT Poonawalla, seeks CCI approval for strategic pharma packaging deal
Global investment giant TPG Group is set to expand its footprint in India’s pharmaceutical packaging industry with its affiliate, TPG Scion SG Pte Ltd, acquiring a stake in SCHOTT Poonawalla Private Limited (SPPL). The deal, which involves a secondary share purchase from Serum Institute of India Pvt Ltd, is currently
Agrochem makers seek cut in duty, GST rationalisation in Budget
Agrochemical makers are looking forward to the uniform basic customs duty, rationalisation of GST and introduction of the 200 per cent deduction on R&D expenses in the forthcoming Budget. CropLife, a body of agrochemical makers has suggested key measures to the government such as maintaining a uniform basic customs duty