Adani calls off Rs 20K cr FPO, to return money
Adani Enterprises on Wednesday said it has decided to withdraw its fully subscribed Rs 20,000-crore follow-on public offer (FPO) and will return the proceeds to investors. The announcement came a day after the company's FPO was subscribed fully on the...
Budget 2023: Nagpur Greens welcome ‘Climate Change Centric Budget’
Finance Minister Nirmala Sitharaman announced the Union Budget in Parliament on February 1, 2023. NT analysed the Budget from Environment perspective with Team Green Vigil Foundation, a self funded , Nagpur based environment NGO working in related fields for the...
Video: “We need to add ‘Jai Insaan’ in ‘Jai Jawaan, Jai Kisaan’ to restore humanity in India,” says Sunil Shashtri
Nagpur: Identifying the rising intolerance in the country, Sunil Shashtri, son of former Prime Minister of India, Laal Bahadur Shashtri expressed the need to add ‘Jai Insaan’, in his father’s famous slogan ‘Jai Jawaan, Jai Kisaan’ to counter the hate...
School peon gets 15-year jail for sexually exploiting minor girl for 3 years in Nagpur
Nagpur: The District Judge-1 & Additional Sessions Judge M S Azmi on Tuesday sentenced Kishor Kamlakar Patil to 15 years rigorous imprisonment (RI) for sexually exploiting a minor girl for three years. The court also convicted Patil for criminal intimidation...
Budget has laid solid foundation for developed India: Bawankule
Nagpur: The Maharashtra BJP President and MLC Chandrashekhar Bawankule said, “First budget of Amrit Kaal will build a strong foundation for building a developed India. This budget will fulfil dreams of poor people, middle-class people, farmers, youths, tribals, women...
Do you earn Rs 5 lakh, Rs 10 lakh or Rs 15 lakh? Know how much Income Tax you will have to pay in new slabs!
New Delhi: Finance Minister Nirmala Sitharaman, in the Union Budget 2023-24 presented on February 1, tweaked the slabs to provide some relief to the middle class by announcing that no tax would be levied on annual income of up to...
Budget lays foundation for building developed India: PM Modi
New Delhi: The Prime Minister Narendra Modi said, “First budget of Amrit Kaal will build a strong foundation for building a developed India. This budget will fulfil dreams of aspirational society including poor people, middle-class people, and farmers. This budget...
Congress hails tax cuts, common people welcome Union Budget 2023
New Delhi: Congress has lauded the Union Budget announcement related to tax cuts. Talking to media outside Parliament, Party MP MP Karti Chidambaram said any tax cut is a welcome step. Another party MP Shashi Tharoor also said some of...
Budget 2023: What gets cheaper, what gets costlier
New Delhi Finance Minister Nirmala Sitharaman on Wednesday presented the Budget 2023 and announced changes in certain duties and taxes, resulting in some items getting cheaper and some getting costlier. Here's a list of items that have gotten cheaper and those...
Pradhan Mantri Aawas Yojana outlay hiked by 66% to Rs 79,000 cr
New Delhi: Finance Minister Nirmala Sitharaman announced a 66 per cent hike in the outlay for the Pradhan Mantri Aawas Yojana (PMAY) to Rs 79,000 crore. The scheme envisages providing houses for rural as well as urban poor and the...
Budget 2023: PAN To Be Used As Common Business Identifier, Announces FM Sitharaman
: Union Finance Minister Nirmala Sitharaman on Wednesday presented the Union Budget 2023 and said PAN will be used as common identifier for all digital systems of specified government agencies. “For business establishments required to have Permanent Account Number, the PAN...
FY23 Fiscal deficit revised to 6.4% of GDP
Disclosing that the revised fiscal deficit for the current fiscal year is at 6.4% of GDP, Sitharaman said the FY-2024 fiscal deficit target has been fixed at 5.9% of GDP. I reiterate my intention to bring the fiscal deficit below...
No income tax till Rs 7 lakh in new IT plan
Nirmala Sitharaman announced that there will be no income tax on income up to Rs 7 lakh, up from Rs 5 lakh currently, under the new tax...
Bad news for smokers, custom duty hiked
I propose to reduce the number of basic custom duty rates on goods other than textiles and agriculture, from 21% to 13%. As a result, there are minor changes in the basic custom duties, cesses and surcharges on some items,...
100 labs for apps using 5G to be set up
100 labs for developing apps using 5G services will be set up in engineering institutions. To realise the new range of opportunities, business models and employment potential, labs will cover among others, apps like Smart Classrooms, Precision Farming, Intelligent Transports...
NGO Swacch Association urges Nagpur HC to remove Musical Fountain at Futala Lake
Nagpur: The Swacch Association, an NGO in the city, has approached the Nagpur Bench of Bombay High Court objecting to the ongoing development works at Futala Lake, including Musical Fountain, viewers gallery, laser show and multi-storeyed parking plaza in front...
30 Skill India International Centres coming up
To skill the youth for international opportunities, 30 Skill India International Centres will be set up across different states, Sitharaman announced. The government will launch the Pradhan Mantri Kaushal Vikas Yojana 4.0, she...
National Data Governance Policy on anvil
Government to bring National Data Governance Policy, Sitharaman announced. The National Data Governance Policy will enable anonymised data; and the KYC process will be simplified by adopting risk-based system, she added, and that one stop solution for reconciliation and...
Regional air connectivity gets a boost
50 additional airports, helipods, water aero drones, advanced landing grounds will be revived to improve regional air connectivity, said Sitharaman. She also said that for business establishments required to have a Permanent Account Number, PAN will be used as a...
Capital investment outlay upped by 33%
Capital investment outlay is being increased by 33% to Rs 10 lakh crores, which would be 3.3% of the GDP, said Sitharaman. 50-year interest free loan to state governments extended for one more year. 157 new nursing colleges will be...
Bye bye sewers in 100 cities
All cities and towns will be enabled for 100 pc transition of sewers and septic tanks from manhole to machine hole mode, said Sitharaman. 100 critical transport infrastructure projects have been identified for implementation, and states and cities will be...
