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By Ashutosh Mishra Bhubaneswar: The AICC-appointed Odisha Congress in-charge, Jitendra Singh recently dropped clear hints about a through revamp of the party structure in the state. Such an exercise seems to have become imperative following Congress’s crushing defeat in the recent Lok Sabha and assembly elections in the state. While in the Lok Sabha the […]

New Delhi: Presenting her first Union Budget, Finance Minister Nirmala Sitharaman on Friday said that India will become a $3 trillion economy in the financial year 2019-2020. She also said that many structural changes are needed for the country to become a $5 trillion economy, adding the target is eminently achievable. The Economic Survey for […]

New Delhi: Finance Minister Nirmala Sitharaman on Friday announced the setting up of a social stock exchange under the Securities and Exchange Board of India (SEBI) for listing of organisations which work for social welfare. Presenting her maiden Union Budget, the Minister said that the exchange would help social and voluntary organisations which work for […]

New Delhi: Union Finance Minister Nirmala Sitharaman on Friday said 1.25 lakh km of roads across the country will be upgraded under phase three of the Pradhan Mantri Gram Sadak Yojana (PMGSY). Presenting the Budget for 2019-20 in the Lok Sabha, Sitharaman said allocation of Rs 80,250 crore had been made for the plan.

New Delhi: Union Finance Minister Nirmala Sitharaman on Friday stressed that the railways need an investment of Rs 50 lakh crore from 2018 to 2030 and proposed public private partnership to unleash faster development of passenger and freight services. Presenting the Union Budget in Parliament, Sitharaman said: “It is estimated that railway infrastructure would need […]

New Delhi: The Supreme Court on Friday restored a trial court order convicting 12 persons in the murder of former Gujarat Home Minister Haren Pandya in 2003. Pandya was shot dead in Ahmedabad on March 26, 2003. According to the CBI, Pandya was killed to avenge the 2002 communal riots in the state. A bench […]

New Delhi: Realising the need to create skilled professionals in the New-Age technologies that are fast changing the business landscape for both big and small enterprises, Finance Minister Nirmala Sitharaman on Friday said the government would double down on its efforts to help develop the required skill sets needed by the industries across the spectrum. […]

New Delhi: The beleagured power sector may get some relief as Finance Minister Nirmala Sitharaman on Friday said that the government will improve the “Ujwal DISCOM Assurance Yojana” and it will announce a package for the power sector. She also said that the government will come out with new tariff policy for the power sector. […]

New Delhi: To tap benefits of the Indian Space Research Organisation (ISRO), a public sector enterprise, New Space India Limited (NSIL) has been incorporated, Union Finance Minister Nirmala Sitharaman announced on Friday. NSIL’s primary aim will be to scale up industry participation in Indian space programmes. “India has emerged as a major space power. Time […]

New Delhi: Finance Minister Nirmala Sitharaman on Friday announced a ‘Pradhan Mantri Matsya Sampada Yojana to modernize the fishery sector. Presenting the Budget for 2019-20 in the Lok Sabha, Sitharaman said fishing and fishermen were closely aligned with farming and were crucial to rural India. “Through the focussed Pradhan Mantri Matsya Sampada Yojana, the Department […]

New Delhi: The effective tax rates for the higher income group individuals having taxable income from Rs 2 crore to Rs 5 crore and Rs 5 crore and above is proposed to be increased by around 3 percent and 7 percent respectively. Presenting the General Budget 2019-20 in the Parliament today, Union Minister of Finance […]

Bhubaneswar: The Centre will soon introduce a new ‘National Education Policy’ to transform higher education system in the country. The new policy has proposed major changes in both school and higher education among others, better Governance systems and brings greater focus on research and innovation. An amount of Rs. 400 crore has been provided for […]

New Delhi: A Credit Guarantee Enhancement Corporation is to be set up in 2019-20. This was announced by the Union Minister of Finance and Corporate Affairs, Nirmala Sitharaman, while presenting the Union Budget 2019-20 in Parliament today. The Finance Minister further said that we recognize that investment-driven growth requires access to low cost capital. It […]

Aligarh: A Muslim man who has been reading “Ram Charitra Manas” and “Gita” since 1979 was beaten up by Muslim youths here in Uttar Pradesh. On Thursday, Dilsher, 55, was reading the scriptures in his house when two youths, Zakir and Samir, entered his house and beat him. They broke his harmonium, took away the […]

New Delhi: Gold prices Friday zoomed Rs 590 to Rs 34,800 per 10 gram in the national capital following Budget announcement of increase in custom duty on the precious metal to 12.5 per cent from 10 per cent. The government proposed to increase custom duty on gold and other precious metals to 12.5 per cent, […]