Odisha set for an industrial revolution, golden period for infra development: Majhi, ET Infra
Odisha Chief Minister Mohan Charan Majhi on Sunday said the state is set for an industrial revolution and a golden period for infrastructure development. Majhi said the ‘double engine’ government will ensure ‘double development’ of the state. “I firmly believe that with the joint efforts of the Central government and
Stock market today: BSE Sensex crashes over 500 points; Nifty50 below 23,000
The upcoming week is crucial for both the equity markets and the economy, as the Union Budget is set to be presented on February 1. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, tanked in trade today. While BSE Sensex dipped over 500 points,
Income tax relief? Govt looks to raise threshold, restructure slabs
NEW DELHI: Amid expectations of a relief in income tax in the Budget, govt is keen to keep the new tax regime free of concessions, while it looks at raising the threshold and offering concessions through a rejig of slabs.Income tax rates are usually among the last set of announcements
Governor Jishnu Dev Varma, ET Infra
The Telangana government is embarking on an ambitious vision for the future, including development of a Future City which aims to position the state as a global hub for technology and innovation, Governor Jishnu Dev Varma said on Sunday. In his Republic Day address here, he said the government also
Startup founders get into ‘reboot’ mode
BENGALURU: A rising number of Indian startup founders are stepping away from their ventures to start afresh. While reasons vary, they often stem from personal and professional challenges, including co-founder disagreements, dwindling passion for the original problem statement, time constraints, and intensifying market pressures.As the Indian startup ecosystem grapples with
Policybazaar parent to invest Rs 860 crore for 25% in PB Health
MUMBAI: PB Fintech, the parent company of Policybazaar, will invest around Rs 860 crore for a 25% stake in PB Healthcare, which will set up hospitals with a capacity of 1,000 beds in the first year to provide captive services to buyers of policies with managed healthcare. The objective of
United G20 can navigate geopolitical tensions: Kant
India stands to gain significantly from its presidency of the G20, says Amitabh Kant, the country’s G20 Sherpa. In his latest book “How India scaled MT G20,” Kant recounts the enormous efforts, including intense negotiations that were mounted to make it a success. In an interview to TOI, Kant talks
Auto exports rise 19% on demand revival in emerging markets: Siam
New Delhi: Automobile exports from India rose 19% year-on-year in 2024 led by a robust dispatch of two-wheelers, passenger vehicles and commercial vehicles, according to Siam data. Overall shipments rose to 50,98,810 units last year, up 19% from 42,85,809 units exported in 2023. “Last year saw revival in demand for
Govt proposes hike in tax rebate on new vehicles for buyers scrapping old ones
NEW DELHI: In a move to persuade people to scrap their BS-I and BS-II vehicles, and those which are older than these, the road transport ministry has proposed to hike the motor vehicle tax rebate by up to 50% on purchase of new automobiles for buyers submitting the scrapping certificate
Any increase in import duty in Budget may have adverse effect: World Gold Council
Any increase in import duty in Budget may have adverse effect: World Gold Council NEW DELHI: The government’s decision last July to reduce import duties on gold has had a significantly positive impact on the industry, and any increase in tariffs in the upcoming Budget may have adverse effects, said