Country Financial News

The share of diesel in total sales of luxury vehicles in the local market declined to 35% last year, from about 80% five years, even as buyers continued to shift to feature-rich SUVs. Sales of electric cars, meanwhile, increased to account for 6% of overall volumes in the segment — thrice of that in the mass market — with rich young, aspiring consumers emerging as front runners in adoption of clean technologies.

When a G20 dinner invite referred to the President as «President of Bharat» last year, it triggered a controversy with many speculating that the government was going to change the name of the country from India to Bharat. However, many legal and constitutional experts said that both the names could be used and there was no illegality in the use of 'Bharat' in place of 'India' in official communication, since both the names refer to the same country. But economically, India and Bharat could be somewhat different entities as has been seen in the past few years.

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₹2,000 crore per annum for the scheme in the interim budget. The scheme is expected to be on the lines of the Union agriculture ministry’s Rashtriya Krishi Vikas Yojana (RKVY) which was launched in 2007 to incentivize states to draw up plans by taking agro-climatic conditions, natural issues and technology into account. “We desperately need a scheme like RKVY to bolster the entire veterinary system in the country.

The traditional basis for taxing Multinational corporations relying on physical presence, has given way to a changing paradigm influenced by digital business models. Historical taxation practices centered around fixed places for business activities, employees, dependent agents, warehoused stock and equipment leasing.

Hema Malini, Malini Awasthi, Anup Jalota, Anuradha Paudwal and Sonal Mansingh are among artistes who will perform at the newly-constructed Ram temple in Ayodhya to offer «Shree Ram Rag Seva». The 45-day devotional music festival dedicated to Lord Ram will begin on Friday and conclude on March 10. «In line with classical tradition, 'Rag Seva' will be organised at the Shri Ram Janmabhoomi Temple from January 26.

BEIJING — China and the U.S. are working toward creating a more stable and predictable environment for businesses, Chinese Commerce Minister Wang Wentao said Friday.

Republic Day 2024 LIVE Updates here Airbus and Tata already have multiple agreements in place. Recently, Tata Advanced Systems announced an agreement to manufacture and supply components to Airbus for commercial jets such as the A320 and the A350.

₹4.75 trillion by 2027 for developing its transmission infrastructure, including lines, substations, and reactive compensation, as per a draft plan floated by the Central Electricity Authority (CEA). This projection aligns with the Centre's initiative to boost the national transmission system, facilitating integration of renewable energy capacities. The CEA has sought stakeholders' comments and recommendations on its draft National Electricity Plan (Volume II) for transmission by 26 March.

Republic Day 2024 not only marked a significant milestone in the history of our country, but it also offers valuable money lessons that we can all learn from. As we celebrated the achievements and progress made in the past, we were reminded of the financial principles that contribute to a prosperous nation. From the determination and resilience of our founding fathers to the visionary plans for the future, let us explore the money lessons we can learn from Republic Day 2024, shedding light on how we can apply them to our personal finances and become better equipped in navigating the economic landscape.

Republic Day LIVE Updates here The Regiment today comprises of 29 Battalion. In glorius 265 Years of its existence, the Regiment has a total 45 Battle Honours, 14 Theatre Honours, 11 COAS unit citations, 52 GOC-in-C Unit Appreciations, 5 UN Force Commander Citations, 01 Ashoka Chakra, 5 Mahavir Chakra, 11 Kirti Chakra, 36 Vir Chakra, 49 Saurya Chakra, and many other gallantry & distinguished awards.

Fighter," featuring Hrithik Roshan and Deepika Padukone, commenced on Thursday with a decent start. As per early estimates reported by Sacnilk, “Fighter" garnered a net income of 22.00 crore in India on its inaugural day across all languages.

India were not held on Rajpath (now Kartavya Path), the historical avenue that has over time become synonymous with the ceremony, but it was a 1930s-era amphitheatre that became the venue for the festivities after the country got its first president. Iconic public buildings, parks and railway stations dazzled with lights on the night of January 26, 1950 turning the capital city into a «fairyland».

₹129 to ₹135 per equity share of the face value of ₹10. BLS E-Services IPO lot size is 108 equity shares and in multiples of 108 equity shares thereafter.

US-based Forbes Global Properties on Wednesday announced its entry into the Indian real estate market with the launch of India Forbes Global Properties, and claims to set a global benchmark of luxurious living in India. In the initial stage, the company plans to build two projects – one in Mumbai and another in Delhi — and will offer brokerage and financial services, among others.

 USA? American football

taxpayers around the country are eagerly awaiting Feb 1 when Finance Minister Nirmala Sitharaman will present the last (interim) Budget before the 2024 general elections. Taxpayers’ expectations include slashing of tax rate, rollout of tax exemptions and slashing of TDS (tax deducted on source) on virtual digital assets (VDA), among others. Before listing out more expectations, it is vital to first decode some key terms for the lay taxpayer to understand.

US Federal Reserve should start cutting interest rates soon, says Bill Gross In the beginning of 2023, the US was widely tipped to fall into a recession as the Federal Reserve jacked up interest rates to combat an inflation scourge not seen in decades. On the other hand, China was expected to experience a rip-roaring recovery as it reopened its economy fully to commerce after the Covid-19 lockdown. Mint Explainer | How China fumbled the bag with its economy post-Covid However, this week's GDP data showed that the US economy ended the year with a bang, growing 3.3% in real, inflation-adjusted terms in the fourth quarter after expanding 4.9% in the third.

Catch the live-action here.Republic Day 2024 LIVE: US State Department Principal Deputy Spokesperson Vedant Patel said during a press briefing on Thursday (US local time) wrote, "I would just note that - would wish a happy Indian Republic Day to anybody tuning in. India is a country - it is a key strategic partner of the United States and one that we look forward to closening our collaboration in a number of key areas on. And this is - was quite indicative in - during Prime Minister Modi's state visit here to the United States this past summer."Republic Day 2024 LIVE: This Republic Day send the best wishes to your colleagues, clients, and customers to invoke a feeling of gratitude in them for the great freedom fighters who blessed us with this great Constitution.Top 10 messages you can send to wish Happy Republic Day:1.

The United States is expressing concerns over Sri Lanka's controversial online regulation bill a day after it was passed in Parliament over protests by the media, opposition and rights activists

World Trade Organization’s (WTO) 13th ministerial conference to refrain from extending a moratorium on imposing customs duties on electronic transmissions would impact the semiconductor design ecosystem in India, industry bodies told ET. The moratorium expires in February-March this year. WTO members had agreed against imposing customs duties on electronic transmissions since 1998 and the moratorium has been periodically extended at successive ministerial conferences, which is the highest decision-making body of the 164-member organisation.