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New Delhi, Feb 2: India's Adani group shares plunged on Thursday after the Gautam Adani-led conglomerate shelved a $2.5 billion share sale amid a turbulent market, bringing its cumulative market capitalisation losses to $100 billion since last week's short-seller attack. The withdrawal of Adani Enterprises' share sale marks a dramatic setback for Adani, the school dropout-turned-billionaire whose

Mobile phones and TV sets manufactured in India would become cheaper with Finance Minister Nirmala Sitharaman announcing cuts in Basic Customs Duty (BCD) on import of their components but smokers would have to pay more as the government has increased taxes. Fully imported cars, including electric vehicles, and those assembled in India with imported parts will also become costlier with the finance

The Aam Aadmi Party on Wednesday questioned Union Finance Minister Nirmala Sitharaman’s claim about doubling of per capita income since 2014, saying it is ‘Amrit Kaal’ for Prime Minister Narendra Modi, not for the common people of the country. Highlighting the achievements of the Modi dispensation so far, the finance minister in her budget speech said the government’s efforts since 2014 have

Al Khober: Two brothers, Ibrahim Meera Hussain and Abdul Salam Meera Hussain from RAQWANI Co Ltd. Al-Khobar, Kingdom of Saudi Arabia, have received Saudi permanent ‘premium residency’, which is casually known as a Saudi Green Card. Ibrahim is a Managing Director and Abdul Salam is a General Manager of RAQWANI Co. Ltd. based in Al-Khober, eastern province of the KSA. It's one of the prestigious

Bengaluru, Feb 1: In a major announcement for poll-bound Karnataka, Union Finance Minister Nirmala Sitharaman said that Rs 5,300 cr assistance would be provided to drought prone central region of Karnataka. In the Budget 2023, FM Sitharaman said, “Govt to provide Rs 5,300 cr assistance to drought prone central region of Karnataka.” The allocation was made to support the Upper Bhandra project in

New Delhi, Feb 1: Presenting her fifth annual Budget, Finance Minister Nirmala Sitharaman on Wednesday said that the government is adopting seven priorities to guide India through the Amrit Kaal. Major announcements for taxpayers were also made in the Budget. "The budget adopts following seven priorities -- inclusive development, reaching the last mile, infrastructure and investment, unleashing

Finance Minister Nirmala Sitharaman on Wednesday announced major changes to the personal income tax structure in the country. The major announcements are as follows: 1. Tax rebate limit increased to Rs 7 lakh from Rs 5 lakh in new tax regime. 2. Tax slabs have been reduced to five. Revised Tax slabs: Rs 0-3 lakh: 0 per cent; Rs 3-6 lakh: 5 per cent; Rs 6-9 lakh: 10 per cent; Rs 9-12 lakh: 15 per

Finance Minister Nirmala Sitharaman on Wednesday began her much anticipated Budget speech, highlighting India's economic prospects amid a slowing global economy. "The world has recognised India as a bright star. Our growth for the current year is estimated at 7 per cent...the highest among all major economies, in spite of massive global slowdown caused by pandemic and war," Sitharaman said

Islamabad, Feb 1: Speaking on the deadly suicide bombing inside a mosque in Peshawar on Tuesday, Pakistan Defence Minister Khwaja Asif said worshippers were not killed during prayers even in India, the Dawn reported. The suicide attack left 100 people dead and scores more injured. Expressing his views on the attack at the National Assembly, Asif said, "Worshippers weren't killed during prayers

The PM CARES Fund is not a government fund as donations to it do not go to the Consolidated Fund of India and no third party information can be parted with irrespective of its status under the Constitution and the Right to Information (RTI) Act, the Delhi High Court was informed on Tuesday. An affidavit filed by an under secretary at the Prime Minister’s Office (PMO), who is discharging his