Equality Financial News

Lok Sabha Elections 2024: The Election Commission of India's Suvidha platform has seen a surge of activity since the announcement of the 2024 Lok Sabha Elections and enforcement of the model code of conduct (MCC), the body has said in a press release on April 7. Suvidha has got more than 73,000 applications from political parties and candidates, of which 44,600 requests have already been approved, the ECI added.

Congress on the issue of corruption, Prime Minister Narendra Modi on Saturday said the opposition party is in panic as he has shut their «shop of loot» and it was holding rallies not to win the elections but to save the corrupt. Addressing an election rally in Ajmer, Modi called the Congress a party of «dynasts and corrupt» that is bereft of both principles and policies. «Wherever there is Congress, there cannot be any development. The Congress never thought about the poor, marginalised and youths… These people considered looting public money as their ancestral right. In the last 10 years, Modi has provided a permanent cure for the disease,» the prime minister said. Modi said that the third term of his government is not far and the government is going to take even bigger decisions against corruption in the first 100 days.

If you're an investment banker who's been waiting for deals and hiring to revive so that you can find a new job, your time may soon come. Figures from Dealogic indicate that the first quarter of 2024 wasn't bad, but the recovery is geographically patchy and sector specific.

Garena Free Fire MAX has emerged as a top-tier gaming experience, attracting players nationwide. Each day, gamers have the opportunity to claim exclusive rewards by redeeming special codes, adding an extra layer of excitement to their gameplay. However, these redemption codes come with a time limit, typically available for only 12 to 18 hours, keeping players eagerly awaiting their chance to grab valuable loot.

SUVs) are wildly popular in India, with the segment now accounting for every second car sold. But going by the official definition of an SUV, such vehicles account for only about a 10th of the total sales volume. That's because just a third of the 47 models with SUV branding sold in the Indian market have an engine capacity of 1,500 cc and above, a length of 4 metres and more, and ground clearance of 170 mm and higher. Those are the criteria based on which a vehicle is defined as an SUV for the purpose of computing goods and services tax (GST). Total car sales rose to a record 4.23 million units in the last financial year, up 8.7% from the previous year, with the big-time shift to SUVs — which crossed the 50% market-share mark for the first time in FY24 — having ostensibly underscored the surge.

Sunita Kejriwal (wife of Delhi CM Arvind Kejriwal) came in which a photo of Arvind Kejriwal was put on the wall along with Bhagat Singh and Baba Saheb Ambedkar. I felt awful after watching this. An attempt was made to compare him with the legends, I would ask the Aam Aadmi Party to refrain from such activities," he said.

public provident fund (PPF) is common among most retail investors who want to not only earn a higher rate of interest by investing in small saving schemes but also save income tax. Currently, investment in PPF instruments earns 7.1 per cent per annum and the maximum investment is ₹1.5 lakh. Another key feature that one should keep in mind is that the interest is calculated on a monthly basis and is based on the lowest balance between the 5th and last date of every month.

Indian Oil Corporation Ltd (IOCL) in the Delhi High Court on Thursday, after the state-owned company cancelled its first tender for a green hydrogen manufacturing plant in February. The court allowed the industry body to withdraw the petition as the cancellation rendered it irrelevant. In its writ petition, the body had accused IOCL of having a conflict of interest in the tender issued in November.

I wish to obtain a home loan for booking an under-construction property. Can you please guide me on how to go about it? When would I be able to get the tax benefits for the home loan for an under-construction property?

Arvind Kejriwal being remanded to ED custody, and earlier this week to judicial custody, till April 15, while AAP MP Sanjay Singh was granted bail by the Supreme Court on Tuesday after almost 6 months in jail, there is much political drama that has unfolded. Various factions are hurling allegations against each other, including that of misuse of enforcement agencies to intimidate opposition leaders. So, the common man may well end up asking: is the law different for politicians? With a record number of undertrials languishing in judicial custody, we witness an outcry when a politician is remanded to police or judicial custody. The law happens to be the same for all. An accused, in most cases, is remanded: When prosecution is able to demonstrate substantial evidence about his or her involvement in a criminal offence.

Ozer received a staggering 11,196-year sentence after a Turkish court found him guilty of fraud.

The Declaration of Independence summarizes liberalism—not as a political creed opposed to conservatism, but as a philosophical account of government. This theory rests on truths held to be self-evident: that all human beings are created equal; that they have certain rights no one can take from them and which they can’t surrender; that these rights include life, liberty, and the pursuit of happiness; that legitimate government exists to secure these rights and is based on the consent of individuals who regard themselves as together forming a distinct people; that this consent is revocable when the government undermines its proper ends; and that the people reserve the right to reform or replace it with other institutions better suited to promoting these ends.

New Delhi: A new scheme for funding of political parties is in the works, after the erstwhile electoral bonds scheme was struck down by the Supreme Court as being unconstitutional. According to two people aware of discussions in the government, the Centre has already started work on a new scheme that will address the concerns the apex court expressed while striking down the electoral bonds scheme. The finance ministry is holding internal consultations on the new scheme, which is expected to be finalized after the national elections in April-June, one of the persons cited above said on condition of anonymity.

As you retire today from the Rajya Sabha after having served for more than three decades, an era comes to an end. Very few people can say they have served our nation with more dedication and more devotion than you. Very few people have accomplished as much as you for the nation and its people. Personally, it has been a privilege for me to have been a part of your cabinet. Over the last 10 years, while I have been the leader of the Congress Party in the Lok Sabha and the Rajya Sabha, you have always been a source of wisdom and someone whose advise I valued. Over the last few years, you have made it a point to be available for the Congress party despite personal inconveniences. For this, the party and I will always remain grateful. You have shown that it is possible to pursue economic policies that were equally beneficial to large industries, young entrepreneurs, small businesses, the salaried class and the poor. It was you who showed that even the poor can participate in the nation's growth and be lifted out of poverty. Thanks to your policies, India was able to lift 27 crore people, the highest number of poor people out of poverty in the world while you were the Prime Minister. The MGNREGA scheme launched under your government continues to provide relief to the rural workers during times of crisis. The nation and particularly the rural poor will always remember you for ensuring that they can earn a living and live with self-respect through this scheme. The patriotic legacy of the Congress party and its spirit of sacrifice was ably demonstrated by you when you decided to pursue the Indo-US Nuclear Deal even if it meant putting your government at risk for the sake of the nation's security. This was a historic moment when

hypocritical paradoxes? — such as renewable energy-friendly oil'n'gas conglomerates, or sustainable development construction firms. But no one seems to bat an eyelid when it comes to the same kind of oxymorons if it comes with the right kind of pomp and tradition.

UltraTech Cement has crossed 150 million tonne in production capacity with the commissioning of two greenfield units in Tamil Nadu and Chhattisgarh on Tuesday. The country’s largest producer of cement can now produce as much as 150% of cement produced in US, while equaling four-fifth of the total production of cement in Europe. “Reaching this milestone is symbolic of India’s ascent on the global stage and demonstrates the dynamism and scale of Indian corporations,” Kumar Mangalam Birla, chairman of the Aditya Birla Group said.

My PPF corpus of about Rs 30 lakh matures on 31 March. I can continue the account for five years and withdraw every year an amount equivalent to the annual interest earned, or I can invest Rs 15 lakh each in two Senior Citizens’ Savings accounts for me and my spouse. My income tax slab is 20%. Which option is better? Amit Maheshwari, Partner, AKM Global: A PPF account matures after 15 years from the end of the financial year in which it is opened.

Time to dig into the alphabet soup better known as financial advisor designations.

India, Pakistan in Twitter spat over abduction of 2 girls Several notable attendees included Taj Baloch, representing traders, Liaqat Ali Chakar from JI's youth wing, Mir Jan Mengal, president of the wholesale market, Molana Nawabuddin Domki, Khan Jan Bangulazi, and Harpal Das, Dawn reported. The demonstrators urged the prime minister, Shehbaz Sharif, and Sindh Chief Minister Murad Ali Shah to take immediate and decisive action to ensure the safe return of the girl and to deliver justice to the minority community.

The coming general election will not only determine the victory or defeat of political titans but will also serve as a referendum on the introduction of new values into Indian politics. One can draw parallels between the upcoming election and India’s first general election of 1952. It had been just five years since Independence.

Indian economy remaining buoyant at the end of 2023-24 with Purchasing Manager's Index (PMI) for manufacturing increasing and that of services maintaining a robust trend, as per the monthly economic review by the National Council of Applied Economic Research (NCAER). The PMI for manufacturing activity increased to 56.9 in February, reflecting a strong expansionary momentum, as growth in the output of eight key infrastructure sectors rose to a three-month high of 6.7 per cent in February from 4.1 per cent in January, NCAER said in its review for March that was released on Sunday. The economic think tank added that goods and services tax (GST) collections, too, remained buoyant, reaching Rs 1.7 lakh crore in February, registering a year-on-year growth of 12.5 per cent, while collections of GST E-way bills marked an equally impressive year-on-year growth of 18.9 per cent. NCAER noted that bank credit growth remained strong at 20.5 per cent with robust growth for personal loans, services, agriculture and allied activities.