Just three weeks to go for the Union Budget, there is a reshuffle at the upper echelons of the Finance Ministry. The Appointments Committee of the Cabinet (ACC) on Wednesday appointed Tuhin Kanta Pandey as Secretary, Department of Revenue. Pandey is also the Finance Secretary.
Pandey was serving as Secretary,
Elon Musk expressed his approval of the Shiv Sena (UBT) MP Priyanka Chaturvedi’s post on X. The post objects to the UK Prime Minister Keir Starmer using the generic term ‘Asian’ in the context of the child sexual abuse scandal raging in the UK.
In a social media post
Since the government launched its local manufacturing push through the Production-Linked Incentive (PLI) scheme for mobile phone manufacturing, approximately half of the production capacity has been underutilised or used to make other products. This is majorly due to the weak demand globally and domestically, reported The Economic Times.
Since 2022,
The microfinance industry shrank in the second quarter of FY25 as loan delinquency rates —- where instalments are overdue by 30 to 180 days — reached 4.3% in September 2024 from 2% just a year ago.
The microfinance portfolio was valued at ₹4.1 lakh crore in September 2024, a
Acting Foreign Minister of Afghanistan Amir Khan Muttaqi assured that the Taliban would not allow Afghan territory to be used against India. The meeting marked India's highest-level engagement with the Taliban since 2021.
Foreign Secretary Vikram Misri met with the Afghan minister in Dubai on Wednesday to discuss
The Indian government has not remained in touch with Nikhil Gupta, who has been detained in the US accused of plotting the murder of a Khalistani terrorist. He was extradited to the US from the Czech Republic seven months ago,
Nikhil Gupta, an Indian national indicted by the US Department
Highlights include Congress promising a ₹25 lakh health insurance plan for Delhiites, delays in oil auctions pending Parliament approval, and Microsoft unveiling a $3 billion AI investment plan.
The Union government is planning to simplify its income tax filing rules to streamline the process for taxpayers. According to Business Standard, a proposed revamp of the Income-tax Act of 1961 is being finalised and will likely be issued for public consultation around mid-January.
Some of the proposed changes include
