'Spend, but create assets, spend but make sure that people benefit from it.' 'This has been a beautiful guiding principle. And I think as a finance minister I owe so much to the prime minister for keeping this path clear before us.'
'Netanyahu lured Trump into a trap by enticing him with a seductive scenario of massive lucrative business in Gaza's reconstruction.' 'Trump's imagination is running riot, completely disconnected from ground realities,' asserts Ambassador M K Bhadrakumar.
Delhi faces a severe financial crunch and the deficit is largely due to numerous welfare schemes without adequate revenue flowing in. The success of welfare schemes and electoral promises will need careful financial planning and out of the box thinking to whip up additional revenue, notes Ramesh Menon.
'If hundreds of VIPs are allowed to roam with passes and roads blocked for their movement, then that will cause trouble for the public and disrupt the Mela.'
Growth in corporate profits needs to be commensurate with wages to boost the economy, Economic Survey 2024-25 said, noting that sharp disparities between the two pose risk to the economy by curbing demand. The document tabled in Parliament on Friday noted that while the labour share of GVA (gross value added) shows a slight uptick, the disproportionate rise in corporate profitsredominantly among large firmsaises concerns about income inequality.
'... that it once again shies away from renewing its commitment to strategic divestment,' points out A K Bhattacharya.
While this will incur a revenue loss amounting to 0.2 per cent of GDP, it will provide a strong boost to consumer sentiment and spending, points out Rajani Sinha.
India's opposition parties have sharply criticized the Union Budget, calling it inadequate to address the country's economic woes and accusing the BJP-led government of using it to woo voters in Bihar and Delhi ahead of upcoming elections. Leaders from the Congress, TMC, DMK, SP, and CPI(M) voiced their disapproval, highlighting concerns over inflation, unemployment, and the lack of substantial measures to support the agricultural sector and the poor. They also criticized the tax cuts for the middle class as insufficient and coming too late after years of high taxes and rising prices.
He said that as compared to global models costing 2.5 to 3 US dollars per hour usage, India's AI model will cost less than less than Rs 100 per hour (1.16 US dollars per hour) after 40 percent government subsidy.
Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets dairy products under the Amul brand, has reduced milk prices by Rs 1 per litre across India. However, the reduction in prices is only for one-litre packs.
'I am optimistic about the Budget because of the fiscal discipline the government has committed to.'
Uttarakhand will become the first state in independent India to implement the Uniform Civil Code (UCC) on January 27. The UCC will bring about uniformity in the society and ensure equal rights and responsibilities for all citizens. The law was passed by the state assembly in February 2024 and received presidential assent a month later. The UCC will govern and regulate laws relating to marriage and divorce, succession, live-in relationships and related matters. It sets equal marriageable age for men and women, grounds of divorce and procedures across all religions, and bans polygamy and 'halala'.
'Till the BJP does not understand Kejriwal they cannot win Delhi.'
During his inauguration on Monday, President Trump declared a national emergency at the US southern border.
President Trump made these remarks on Monday while talking to reporters aboard Air Force One on his way back to Joint Base Andrews from Florida.
Do we have enough trained oncologists and medical professionals in India to man these over 4,500 beds in the public sector?
Over 200 individuals in Rajouri, Jammu and Kashmir, have been quarantined after 17 people, including 13 children, died from a mysterious illness. The deaths have sparked concerns about the spread of the illness, and a medical emergency has been demanded by local officials. A central team is investigating the cause of the deaths, with over 230 samples sent for testing. Officials have identified a common factor among the deceased: brain involvement and damage to the nervous system. Three patients have been airlifted to a hospital in Jammu, and one patient has been airlifted to PGI Chandigarh for further treatment.
'Skilled labour is different from immigration.' 'While any adverse immigration ruling will impact Indians, it may not necessarily affect the IT services industry.'
US President Donald Trump has 'America First' as his priorities and this includes making America safe again, making the country affordable, achieving energy dominance, draining the swamp and bringing back American values, the White House said on Monday.
A British MP has tabled a parliamentary motion in the House of Commons to commemorate the 35th anniversary of the "genocide of Kashmiri Pandit Hindus from Jammu and Kashmir in India." The motion, which calls for recognition and justice for the events of January 1990, has been met with support from other MPs. The motion condemns the attacks on the Hindu population of Kashmir Valley and calls for the Indian government to enact a bill to punish the perpetrators.
His village didn't have a school so he went to school in a neighbouring village and often studied by kerosene light.
'Omar Abdullah presented Delhi as a villain in front of the people of Jammu Kashmir before elections and now is shaking hands with them.'
The finance minister could improve the quality of public spending, which could mean placing greater emphasis on capital expenditure and a closer review of revenue spending, such as subsidies, to ensure they are targeted only at the poor and are less of a drag on public finance, notes A K Bhattacharya.
Will allowing business correspondents to hawk insurance products help in reviving 5-lakh strong field agents as a viable channel?
The BJP may win more seats in the February 5 assembly election, but not enough to trump AAP, notes Ramesh Menon.
In-form Karun Nair's career could see a resurrection.
After being sworn in as the 47th president of the United States, Trump started his inaugural address with a sentence that echoed Modi's coinage some years ago, notes Modi biographer Nilanjan Mukhopadhyay.
IT services major Infosys on Thursday reported 11.46 per cent increase in consolidated net profit at Rs 6,806 crore for December quarter FY25 and raised its guidance on the back of growth in financial services and manufacturing. The company had logged a profit of Rs 6,106 crore in the corresponding period of the previous fiscal.
The chief of the Madhya Pradesh Parshuram Kalyan Board has said he would pay Rs 1 lakh as reward to couples from the Brahmin community producing four children.
Indian Americans contribute approximately 5% to 6% -- roughly $300 billion -- in federal tax revenues annually.
Assam Rifles personnel vacated a makeshift camp in Manipur's Kamjong district on Sunday, a day after it was vandalized by a mob protesting alleged harassment and restrictions on timber transportation. An understanding was reached between the two sides after a meeting involving civil society groups and Assam Rifles officials. The incident occurred amid ongoing ethnic violence in the state.
The Trinamool Congress (TMC) has distanced itself from controversial remarks made by its senior leader and West Bengal minister Firhad Hakim regarding the Muslim percentage in the population. Hakim, in a speech, had claimed that Muslims constitute 33 per cent of the population in West Bengal and 17 per cent nationwide, adding that they could become a numerical majority if they empower themselves. The party issued a statement on Monday condemning Hakim's remarks, asserting that they do not reflect its ideology and commitment to communal harmony. The remarks have sparked a political storm, with the opposition BJP accusing Hakim of attempting to stir communal sentiments. Hakim later clarified that his remarks were misinterpreted and that he was advocating for the empowerment of minorities through education and skill development. However, the controversy has caused ripples within the TMC and complicated the party's messaging.
The present government had removed the need for clearance from Dhaka for Pakistani heads of missions while issuing visas, Bangladesh high commissioner to Pakistan Iqbal Hussain told the business community here at the Lahore Chamber of Commerce and Industry on Saturday.
Former Australian Open runner-up Stefanos Tsitsipas hopes a return to his "home" Slam at Melbourne Park can spark an upturn in his fortunes after an inconsistent 2024 saw the Greek drop out of the top 10.
'The BJP has killed public anger. They have killed people's self-respect.'
Continuing to push back against the stringent quality of service (QoS) norms brought in by the Telecom Regulatory Authority of India (Trai), telcos have informed the Department of Telecommunications (DoT) that collection and submission of monthly and site-to-cell-level data should be eased, officials and industry sources said. In place since October last year, the QoS norms call for data for network availability, call drop, voice packet drop rate in uplink and downlink, among other parameters, to be collected at the cell level.
Firhad Hakim, a senior minister in West Bengal's ruling Trinamool Congress (TMC), has defended his remarks on the Muslim population in the state and India, saying he is a diehard secular and patriotic Indian. Hakim's comments, made at a minority students' event, have sparked controversy with the BJP, Congress, and Hindu monks accusing him of promoting communalism and advocating for a Muslim majority. Hakim, however, clarified that his remarks were taken out of context and that he was merely advocating for the empowerment of the Muslim community. He also highlighted the need for greater representation of Muslims in the judiciary.
'Delhi's streets were not alleys but an artist's canvas,' the eminent poet Mir Taqi Mir noted more than 150 years ago. Syed Firdaus Ashraf savours the sights and cuisine of the national capital.
A panchayat in Punjab's Bathinda district has announced an incentive of Rs 21,000 to families who won't serve liquor or play DJ music at wedding ceremonies. The decision was taken to encourage villagers not to indulge in wasteful expenditure on marriage functions and curb liquor abuse.
Employers in India are planning to outpace global adoption in certain future technologies as companies operating in the country are heavily investing in technologies like artificial intelligence (AI), energy technologies, robotics, and autonomous systems, said the World Economic Forum (WEF) in its latest "Future of Jobs" report released on Wednesday. The report, released days before the WEF annual meeting in Davos from January 20-25, notes that 35 per cent employers in India think that adopting semiconductors and computing technologies (compared to 20 per cent globally) will transform their operations while 21 per cent employers think that adopting quantum and encryption technologies (compared to 12 per cent globally) will also transform their operations.
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