The Economic Survey, being a precursor to the Union Budget, acknowledged the important role played by indirect tax in the Indian economy. It acknowledged that Goods and Services Tax (‘GST’) has reduced logistics cost significantly with a 30 per cent reduction in travel time. The gross GST collection reached Rs 20.18 trillion in … Read more
Valerie Penso-Cuculich TV producer Ms Penso-Cuculich says reality TV applicants are using too much AI to alter how they look Valerie Penso-Cuculich knows a thing or two about picking contestants for reality TV shows. She’s a casting director for such programmes as Love Island USA, The Real Housewives of Dubai, and The Millionaire Matchmaker. Ms … Read more
Finance Minister Nirmala Sitharaman with her team outside the finance ministry in Delhi on July 23 | Photo: PTI 4 min read Last Updated : Jul 25 2024 | 6:25 AM IST Overall market reaction to the Budget was neutral. Investors absorbed the changes to the tax rates (positive for salaried class) and capital … Read more
I’ve always had a thing for my elders. As a kid, I’d sooner hang out with my nan than my schoolmates, and as a teenager I got into Gardeners’ World in quite a big way. So it won’t come as a surprise to learn that back in the autumn of 2021, I accepted a random … Read more
Union Budget for 2024-25 pivoted to demand stimulus and employment generation after focusing on the supply side of the economy for many years. Budget proposals such as a cut in effective tax under the new Income Tax regime, subsidy for hiring interns by the corporate sector, and higher allocation for rural infrastructure and affordable … Read more
A surge in new oil and gas exploration in 2024 threatens to unleash nearly 12bn tonnes of planet-heating emissions, with the world’s wealthiest countries – such as the US and the UK – leading a stampede of fossil fuel expansion in spite of their climate commitments, new data shared exclusively with the Guardian reveals. The … Read more
6 min read Last Updated : Jul 25 2024 | 6:20 AM IST Union Budget 2024-25 emphasises the government’s commitment to ‘Viksit Bharat, or developed India. One highlight is the focus on seamlessly bridging industry and employment linkages through three schemes for ‘employment linked incentive’ under the Prime Minister’s package. The substantially increased … Read more
No sooner had the exit poll dropped on election night than commentators were warning that Labour had a mountain to climb and there was no time for complacency. But Keir Starmer did not need telling. He has a mountain-climbing expression, all tense determination and hovering unease. Contrast the gung-ho simplicity of Boris Johnson’s “Get Brexit Done” with … Read more
Mark Matthews, head of research for Asia, Julius Baer 5 min read Last Updated : Jul 25 2024 | 6:05 AM IST Union Budget 2024-25 has proposed a slew of changes for investors in the capital market and real estate. MARK MATTHEWS, head of research for Asia, Julius Baer, told Puneet Wadhwa in an … Read more
Within moments of Joe Biden announcing his decision to hand his presidential campaign over to Kamala Harris, the greatest hits of her meme stardom re-entered circulation: the “We did it, Joe” call, the “Momala” interview with Drew Barrymore. Never mind callbacks to the vice-president quoting her Indian mother’s habit of asking, in frustration, “You think … Read more