Category: Breaking News
Govt set to meet fiscal deficit target for FY25 as capex lags: Economists
The government is expected to exceed its fiscal deficit consolidation target for FY25 due to slower-than-budgeted public capex in an election year, closing at 4.8% of GDP. For FY26, the … Read More
Budget may offer financial support, credit to exporters, small businesses
The government is likely to introduce measures to enhance financial support for exporters and small businesses in the upcoming Budget. This includes options like collateral-free lending and a pending interest … Read More
Gig workers set to get social security benefit
The Indian government is set to launch social security contributions for gig workers, with platforms required to deduct a portion of payments and deposit it with the Employees’ Pension Scheme. … Read More
Trump threatens Brics nations with 100% tariffs if they try replacing US dollar
President Donald Trump has warned Brics nations, including India, that any move to replace the US dollar will result in 100% tariffs on trade with the United States. Trump emphasized … Read More
UCO bank announces 27% increase in net profit for Q3
UCO Bank reported a 27.1% rise in Q3 net profit to Rs 638.83 crore, along with a 15.5% increase in total income at Rs 7,405.89 crore. For the nine months … Read More
Zomato shares continue to slump for 2nd day; plunge 12 %
Shares of Zomato fell by 12 per cent after a 57.2 per cent drop in its consolidated net profit for the December quarter. This decline also impacted Swiggy’s shares, which … Read More
Budget 2025 income tax: Raise 30% income tax slab; provide flat 30% deductions on gross income – here’s why
Adhil Shetty, CEO of BankBazaar, urges Finance Minister Nirmala Sitharaman to raise the 30% income tax threshold to ₹18 lakh in Union Budget 2025, restructure the tax brackets, and introduce … Read More