NEW DELHI: The Department of Investment and Public Asset Management (Dipam) on Monday invited bids from merchant bankers for helping govt in the planned stake sale in select public sector banks and listed financial institutions.The request for proposal (RFP) published by Dipam said govt intends to empanel book running lead managers, merchant bankers-cum-selling brokers for…
NEW DELHI: Prime Minister Narendra Modi on Tuesday launched a scathing attack on Rahul Gandhi accusing the Congress leader of speaking the language of urban Naxals. The Prime Minister also took pot shots at Rahul over his allegations of “EAM lobbying for Trump inauguration invite” and his “boring” remark for President Droupadi Murmu’s Budget speech.‘Some…
NEW DELHI: Most of the tax proposals in the Budget are based on the precepts of good governance, which is evident in areas, such as ease of doing business, ease of compliance, technology and trust, a top official said on Monday.Finance and revenue secretary Tuhin Kanta Pandey told a gathering of business leaders that Budget…
FM Nirmala Sitharaman, early on in her Budget speech, declared that changes to income tax, the most-awaited item of the Budget, will come in Part B. When there, however, she said they will come at the end, eliciting wild guffaws from eager MPs. But finally, when she announced that salaries up to Rs 12 lakh…
NEW DELHI: Union finance minister Nirmala Sitharaman presented the Union Budget 2025-26 on Saturday, highlighting the government’s commitment to uplifting the poor (garib), youth, farmers (annadata), and women (nari).She further asserted that the budget will drive “transformative reforms” across six key sectors—taxation, urban development, mining, financial sector, power, and regulatory reforms.Hon’ble Speaker, I present the…
NEW DELHI: Union finance minister Nirmala Sitharaman on Tuesday strongly rejected the charge of favouring only two states – Andhra Pradesh and Bihar – in her Budget speech and accused the opposition of spreading misinformation for political gains. Andhra Pradesh and Bihar are allies states of the BJP-led ruling NDA and their support is crucial…
NEW DELHI: Union minister Piyush Goyal on Tuesday responded to leader of opposition Rahul Gandhi a day after the Congress leader went all guns blazing at the Modi government in Lok Sabha during the discussion on Union Budget 2.0.Gandhi on Monday had accused the NDA government of spreading a ‘chakravyuh’ with everybody trapped in it,…
NEW DELHI: In her seventh Union Budget presentation, Finance minister Nirmala Sitharaman announced a significant reduction in the defence budget, allocating Rs 4.54 lakh crore for FY25. This is a steep decrease from the Rs 6.21 lakh crore announced in the Interim Budget just five months earlier.Sitharaman began her address by highlighting the government’s continued…
