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fiscal deficit targets are achievable but the government's financial metrics still remain a weakness for the South Asian nation's credit profile compared to peers, an analyst at Fitch Ratings said on Tuesday. «Lowering of the deficit target to 4.9% from 5.1% of GDP is a clear signal of the government's commitment to deficit reduction,» Jeremy Zook, director — Asia sovereign ratings, told Reuters. «In our view, this seems relatively achievable.» During Tuesday's annual budget, India's government announced plans to spend $24 billion to create jobs over the next five years and $32 billion on rural development this year alone.

liquidity as the budget proposed to reduce the holding period for long-term capital assets from 36 months to 12. This policy change makes REITs more attractive to investors by offering quicker access to favourable tax treatment on capital gains. The reduced holding period lowers entry and exit barriers, making investments in REITs more appealing and dynamic.

Pradhan Mantri Awas Yojana (Urban) 2.0 and set aside Rs 4,000 crore for Credit Linked Subsidy Scheme (CLSS). In the 2024-25 Union Budget, PMAY-U has been allocated Rs 30,170 crore, an increase of 20.19 per cent from the 2023-2024 budgetary allocation.

₹500, making it a great deal. The foot-operated power on-off and auto cord winder switch make it easy to use, while the dust bag full indicator ensures timely maintenance. With five versatile accessories, this vacuum cleaner is designed to meet all your cleaning needs.

income tax slabs in the new tax regime for the current financial year 2024-25 in her budget speech. This is the first budget of Modi government in the third term.

Nirmala Sitharaman announced incentives to boost maintenance, repair and overhaul activities in aviation and shipping sectors during the budget speech on Tuesday. India is one of the fastest growing domestic aviation markets in the world.

jobs and empower youth with skilling, Finance Minister Nirmala Sitharaman announced a Rs 2 lakh crore package under the Prime Minister scheme to incentivise job creation in the country, skill two million youth, provide education loan of up to Rs 10 lakh for higher education in domestic institutions and enable internship opportunities to 10 million youth over next five years.

The Swiss private bank said on Tuesday (23 July) that Bollinger, who has been picked for the top job following a «comprehensive search», will start his role no later than 1 February 2025. Based in London, Bollinger is a partner at Goldman Sachs and a member of the firm's European Management Committee and of the Global Wealth Operating group.  He has worked at the bank for nearly two decades, including five years in his current role. Bollinger joined Goldman Sachs in 2004 and has been a partner for 14 years. Julius Baer CEO departs after private credit write-down contributes to 52% ...

Covalent, the leading modular data infrastructure for AI with +230 chain integrations and 1000’s of customers, is thrilled to welcome five new operators to its network: Graphyte Labs, PierTwo, StakeCraft, Sensei Node, and Matrixed Link. With these additions, the Covalent Network has expanded to include a total of 37 participants, comprising 23 Block Specimen Producers (BSPs) and 14 Block Results Producers (BRPs). This growth represents over a 42% increase, rising from 26 in May 2024 to 37 in just two months.

wildfires in Alberta are coughing up clouds of smoke that are obscuring the sky and hazardous to health.However, there’s so much smoke that wildfires are being shaded from the sun and daytime temperature highs in some areas are cooler than forecast, leading to reduced fire activity.Wildfire officials say they are expecting “increased and significant fire behaviour” when the smoke clears as hot and dry weather continues.About 7,500 people in Alberta have been forced to flee their homes because of wildfires, with five communities under evacuation orders.That includes all three communities in the Little Red River Cree Nation, which is being threatened by an out-of-control wildfire complex that’s estimated to be more than 960 square kilometres in size.Environment Canada says cooler temperatures are expected to start moving into northwestern parts of the province starting Monday night, though hot conditions may persist through much of the week farther south.

2024 Budget Highlights: Finance Minister Nirmala Sitharaman will present the Union Budget 2024 in Parliament today for the seventh consecutive time, surpassing the late Morarji Desai's record of six consecutive budgets. This budget is expected to focus on changes in the income tax structure and improving the ease of doing business in India. At 11 am, the much-anticipated full budget for 2024-25, the first under the Modi 3.0 government, will be unveiled in Parliament. Attention will be on the major announcements from the finance minister and the government's forward-looking guidance on the overall economy.

Mumbai continues to experience heavy rainfall, resulting in significant waterlogging and traffic snarls across the city. The India Meteorological Department (IMD) has issued a red alert for parts of central Maharashtra, predicting heavy rain until July 24.

Nigeria's government has fined Meta $220 million after its investigations found “multiple and repeated” violations of the country’s data protection and consumer rights laws on Facebook and WhatsApp

Maryland’s attorney general has filed a civil lawsuit against an Eastern Shore landlord and his company, alleging a pattern of gender-based housing discrimination and sexual harassment that involved demands for sex in exchange for rent

Trinamool MLAs will be administered oath on Tuesday in the West Bengal Assembly, Speaker Biman Bandopadhyay said on Monday.

Muzaffarnagar: Even after the Supreme Court stayed the order forcing eatery owners on the Kanwar Yatra route to display their names, the proprietors are hesitant to remove the local administration-ordered nameplates.

Stay tuned to this live blog for the CUET UG 2024 result date and time, direct link and all other updates.CUET UG Result 2024 Live: Candidates can check their scorecard on the official website by entering their login credentials, such as Application Number and Date of Birth (DOB)CUET UG Result 2024 Live: According to the NTA notification, in CUET UG, each question will carry five marks:Correct answer: +5 marksIncorrect answer: -1 markUn-attempted questions: No marksCUET UG Result 2024 Live: The NTA will not release any CUET UG merit list.

Central Asia’s biggest and resource rich state Kazakhstan’s GDP grew by 5.1% in 2023. All major sectors experienced positive growth: construction increased by 13.3%, trade by 11.3%, information and communication services by 7.1%, transport services by 6.9%, and industry by 4.3%. In 2024, the government predicts further growth of at least 5.3%.

insolvency ecosystem, which has helped bring NPAs to multi year low.

NARCL) has offered to acquire another Rs 1.25 lakh crore of non-performing assets (NPAs) from banks with offers at various stages of due diligence and evaluations, the finance ministry said in the pre-budget economic survey for 2023-24.