Podcasts about union budget

This is the Catchup on 3 Things by The Indian Express and I'm Flora Swain.Today is the 25th of March and here are the headlines.Finance Minister Nirmala Sitharaman's Budget 2025-26 ReplyIn her reply to the Finance Bill debate, Finance Minister Nirmala Sitharaman highlighted that the 2025-26 Union Budget offers "unprecedented tax relief" to honor taxpayers and aims to boost domestic production and enhance export competitiveness. She emphasized the introduction of provisions and reforms via the Finance Bill, hoping for their discussion in the upcoming Monsoon session. Sitharaman also noted that the new Income Tax Bill will be taken up for detailed discussion during Parliament's next Monsoon session.Mumbai Police Summon Comedian Kunal Kamra Over Eknath Shinde RemarksAmid controversy over comedian Kunal Kamra's remarks about Maharashtra Deputy CM Eknath Shinde, Mumbai police have summoned Kamra for questioning. The remarks, calling Shinde a ‘traitor' during a stand-up show, sparked public debate. Kamra, who lives in Puducherry, has been asked to appear before the Khar police by 11 am Tuesday. In response, Shinde acknowledged the importance of freedom of expression but stressed that satire should have its limits. Shiv Sena workers also vandalized the Mumbai studio where Kamra performed.Delhi CM Rekha Gupta Unveils BJP's First Budget in 26 YearsOn Tuesday, Delhi Chief Minister Rekha Gupta presented the BJP's first budget for the national capital in 26 years. With a record allocation of ₹1 lakh crore for 2025-26, the budget reflects a 31.5% increase over the previous year. Gupta focused on key areas like infrastructure, roads, water, and electricity, aiming to transform Delhi into a "Viksit Delhi." Criticizing the AAP government's record, she promised modern expressways and congestion-free corridors, vowing to reshape Delhi's infrastructure.Second Body Found in SLBC Tunnel Collapse in TelanganaRescue teams on Tuesday recovered a second body from the site of the SLBC tunnel collapse in Telangana's Nagarkurnool district. The body was found 50 meters from the original collapse site, where eight workers were trapped on February 22. One body was recovered on March 9, identified as Gurpreet Singh from Punjab. The Telangana government had decided to continue search operations, leading to the discovery of the second body the following day, though the identity remains unknown.Journalist Accidentally Added to US Military Strike Chat on SignalIn a major security breach, journalist Jeffrey Goldberg, editor-in-chief of The Atlantic, was accidentally added to a private Signal chat about secret US military plans targeting the Houthi rebels in Yemen. The chat included senior Trump administration officials, such as Vice President JD Vance and Defense Secretary Pete Hegseth, discussing classified operations. Although Signal is encrypted, it's not approved for sharing sensitive government information. Goldberg deleted the sensitive material, but the incident raised questions about security and accountability in government communications.That's all for the today. This was the CatchuUp on 3 Things by The Indian Express.

A budget reflects the government's priorities. The union finance minister presented the budget a few days back. Given the role of research and development (R&D) in fostering innovation and driving economic growth, it is worth exploring the union budget provisions to facilitate R&D in India - What does the government's R&D spending look like? What about prominent policies like the Anusandhan National Research Foundation or One Nation, One Subscription? How will the Finance Minister's announcement of a ₹20,000 crore loan to private sector research play out? Sarthak Pradhan and Shambhavi Naik dive into these questions in this episode of All Things Policy.The PGP is a comprehensive 48-week hybrid programme tailored for those aiming to delve deep into the theoretical and practical aspects of public policy. This multidisciplinary course offers a broad and in-depth range of modules, ensuring students get a well-rounded learning experience. The curriculum is delivered online, punctuated with in-person workshops across India.⁠⁠⁠⁠⁠https://school.takshashila.org.in/pgp⁠⁠⁠⁠⁠All Things Policy is a daily podcast on public policy brought to you by the Takshashila Institution, Bengaluru.⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Find out more on our research and other work here: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://takshashila.org.in/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠...⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Check out our public policy courses here: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://school.takshashila.org.in⁠⁠⁠⁠⁠⁠

By leveraging the initiatives proposed under the 2025 Union Budget, India can begin to embed itself more strategically and widely in the global clean energy market.  

Ahead of the Budget, there was an expectation that the government would provide some relief for the middle class, and Finance Minister Nirmala Sitharaman delivered.  In her budget speech, she announced that there would be no income tax for incomes up to ₹12 lakh. Of course, this stole the show, but it wasn't the ONLY big news. The Union Budget 2025 had several schemes, tax reforms and initiatives to improve infrastructure, ease of doing business, and financial inclusion.    Guest: Prof. Bhagwan Das, Associate Professor and Head of the Department of Economics of Loyola College, Chennai.  Host: Nivedita V  Edited by Sharmada Venkatasubramanian. 

In this episode, Shouvik and Leslie dive into the much-talked-about topic the Union Budget and its big promises for India's tech and AI industry. The government's push for a semiconductor ecosystem and focus on foundational models get a nod, but the hosts are quick to warn against lofty goals of building everything from scratch. Drawing parallels to India's earlier struggles in the mobile industry, where a lack of a component ecosystem held back progress, they stress the importance of learning from those mistakes. It's not just about self-reliance but finding the sweet spot between local efforts and working with global leaders to truly drive innovation. The second half shifts to Sam Altman's visit to India, which they call a defining moment for OpenAI's strategy. It started with Sam Altman dismissing India's potential earlier this year, saying don't even try foundational models. Now, cut to today, he's hailing India as OpenAI's second-largest market, Altman's change in tone says a lot. The visit highlighted India's rising role in global tech, with its R&D capabilities and startup energy making it hard to ignore. our hosts explore how OpenAI's plans to localize operations, build teams, and tap into the Indian market show that global tech giants are now betting big on India's ability to shape the future of technology.

Kia ora,Welcome to Thursday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the international edition from Interest.co.nz.And today we lead with news the instability feared over the new US tariff approach is hitting their economy.First up today, we need to note that US headline CPI inflation rose in January to 3.0% when no change from the December 2.9% was anticipated. Core inflation was expected to fall to 3.1% from December's 3.2%. But in fact it rose to 3.3%. Rents were a key factor. This has set financial markets on edge.Although not as aggressive, this official data confirms the University of Michigan consumer sentiment survey that reported a sharp jump in consumer inflation expectations.US mortgage applications rose slightly, almost all on refinancing demand. So it was driven by churn, rather than new demand. But overall levels remain very low; in the past two-plus years these levels have remained static, and down to levels last seen 25 years ago.All this unwelcome data had a big effect on benchmark interest rates with the UST 30 year yield jumping +11 bps. Clearly the Fed is right to wait before cutting its policy rate. Markets aren't pricing any rate cut until December now. Wall Street equities turned negative after this news too. The USD firmed on risk aversion. None of this was liked by the US President who vented on social media. But behind it all are building fears about the effect of his very misguided tariff policies which everyone but him sees as sharply inflationary.While all this was going on, there was a UST 10yr bond auction and that delivered a yield today of 4.56%, lower than the 4.63% at the prior equivalent event a month ago. Investor support isn't wavering but bids here were made before the CPI data release. There will be some large paper losses by these bidders now.(And we should probably also note that with the new Administration kneecapping the Justice Departments monitoring and enforcement of the area, foreign lobbyists are pouring into Washington DC to plead their cases for special treatment. It's open slather.)Across the Pacific, Japanese machine tool orders came in at an average level in January, up +4.7% from the same month a year ago, but nothing like the spurt in December.In China, it won't be news to regular readers, but their property development sector woes are now in crisis territory. The fundamental problem has never been sorted and many companies can no longer hang on. They are going from the zombie phase to actual liquidation now.India's industrial production is leaking growth and at a faster rate than expected. It was up +4.3% in December, down from +5.0% in November and well below what was anticipated. You can see why their recent Union Budget moved into stimulus mode, and the central bank cut its policy rate. India needs a boost to keep the expansion going.Meanwhile, India's CPI inflation rate is easing, down to 4.3% in January from 5.2% in December. Food inflation fell sharply, but it is still at 6.0%.In Australia, December home loan data revealed modest changes. The total number of new loan commitments for dwellings fell -0.4% in the December quarter while the value rose +1.4%. Owner occupier activity was positive, but investors pulled back. The number of new investor loan commitments for dwellings fell -4.5% in the quarter while the value fell -2.9%.And staying in Australia, we should probably note the recently-retired NAB CEO, kiwi-Ross McEwan, has been appointed chairman of the board of Aussie heavyweight miner BHP. That is a long way up for an ex-ASB banker.The UST 10yr yield is at 4.63%, up +9 bps from yesterday at this time.The price of gold will start today at just under US$2894/oz and down -US$10 from yesterday..Oil prices are down nearly -US$1 at just on US$73/bbl in the US and the international Brent price is now just under US$76/bbl.The Kiwi dollar is now at 56.3 USc and down -30 bps from this time yesterday. Against the Aussie we are down -10 bps at 89.8 AUc. Against the euro we are also down -40 bps at just on 54.3 euro cents. That all means our TWI-5 starts today just on 66.7, down -10 bps from yesterday at this time, limited because we rose sharply against the yen.The bitcoin price starts today at US$95,555 and again down -0.9% from this time yesterday. Volatility over the past 24 hours has been modest at +/- 1.3%.You can find links to the articles mentioned today in our show notes.You can get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston. And we will do this again tomorrow.

This is the Catchup on 3 Things by The Indian Express and I'm Flora Swain.Today is the 11th of February and here are the headlines.Prime Minister Narendra Modi, co-chairing the Artificial Intelligence (AI) Action Summit in Paris, highlighted AI's transformative potential and called for global governance to address its challenges. He stressed that AI is “writing the code for humanity in the 21st century,” acknowledging both its immense promise and inherent biases. Modi urged collective global efforts to shape AI's future and promote innovation while tackling risks. He emphasized the need for global collaboration to ensure AI benefits humanity and upholds shared values.The Mumbai police have contacted podcaster Ranveer Allahbadia and YouTuber Samay Raina for an inquiry regarding controversial remarks made by Allahbadia during Raina's 'India's Got Latent' show. Allahbadia, known for his BeerBiceps channel, made a joke that sparked nationwide controversy after the video went viral on social media. The remarks, widely criticized as insensitive and vulgar, led to backlash from viewers. The Mumbai police confirmed they are investigating the incident, and Allahbadia, along with other guests, is being questioned regarding the matter.Samajwadi Party chief Akhilesh Yadav criticized the latest Union Budget, claiming it is designed to benefit the wealthy, including industrialists. Addressing the Lok Sabha, Yadav stated that the budget's focus is on the rich, rather than on creating a roadmap for India's development. He expressed concerns over the lack of a long-term vision for the country's growth, adding that recent budget announcements seem tailored to elites rather than addressing the needs of the general population. He criticized the budget's priorities and questioned its impact on India's future.The Indian stock market took a hit on Tuesday, with the Sensex dropping over 1,000 points and Nifty falling by 1.3% amid concerns over Donald Trump's tariff announcements and weak corporate earnings. The Sensex was trading at 76,259, down 1,047 points, while Nifty50 was down by 303.5 points, trading at 23,078. Trump raised tariffs on steel and aluminum imports to 25% and announced plans for reciprocal levies on several countries, shaking market sentiment and triggering a decline on Dalal Street.Following a directive from the Ministry of Home Affairs, India's top security agencies have compiled a list of 12 gangsters based in the United States. Sources reveal that this list may be shared with U.S. authorities during Prime Minister Modi's upcoming visit to the U.S. The list includes notorious criminals like Anmol Bishnoi and Goldy Brar. While central agencies have long tracked criminals abroad, the recent directive focuses specifically on gangsters based in the U.S., aiming to address their legal status and facilitate international cooperation.This was the Catch Up on 3 Things by the Indian Express.

The Union Budget released last week shows a continued focus on fiscal prudence, but tries to balance it with consumption and growth. They rely on cutting expenditure, yet capital expenditure outlay is non-trivial. Watch Economist Radhika Pandey @Radhikaskp and correspondent Akanksha Mishra analyse in ThePrint #MacroSutra. --------------------------------------------------------------------------------------------- 00:49 Will tax cuts boost consumption? 03:55 Are tax revenues for FY25-26 realistic? 07:30 Strategy for disinvestment vs dividends 11:25 Capex outlay is 'non-trivial' 15:30 Revenue expenditure to go down 17:00 Debt-to-GDP ratio as fiscal deficit target 18:47 Will indirect taxes be increased?

Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Thursday, February 6, 2025. This is Nelson John, let's get started. In January, Prime Minister Modi introduced Mission Mausam, a significant climate forecasting initiative, receiving ₹1,329 crore in funding for FY26. But is this sufficient? Soumya Gupta explores. The mission, overseen by the Ministry of Earth Sciences, aims to enhance India's climate change predictions and track extreme weather with new technologies, including AI-enhanced models and advanced satellites. Initially funded with ₹2,000 crore, its budget includes ₹671 crore for FY25 and the remainder for FY26. India's climate strategy extends beyond Mission Mausam. The Ministry has integrated four programs into its PRITHVI scheme, focusing on climate research in critical regions like the Arctic and Himalayas, with a budget exceeding ₹2,500 crore through FY26. Overall, India plans to allocate over ₹50,000 crore in FY25 and nearly ₹62,000 crore in FY26 to combat climate change. Despite these investments, they account for just 1.2% of the total budget for FY26, far from the ₹57 trillion pledged through 2030 for comprehensive climate change measures. OpenAI CEO Sam Altman advocates a full-stack approach for India's AI development, contrasting with his 2023 stance where he deemed competing in AI training as "hopeless." He discussed this shift in an interview with Hindustan Times' editor-in-chief R Sukumar on Wednesday before reiterating his opinion at a discussion with IT minister Ashwini Vaishnaw the same morning. Altman points to a drastic cost reduction in AI, which now surpasses the rate predicted by Moore's Law, stating costs drop tenfold annually. This change supports more expansive AI initiatives, including foundational models which underpin technologies like ChatGPT. At his discussion with Altman later, IT minister Vaishnaw emphasized India's comprehensive strategy, from chip design to application development, drawing parallels to India's cost-effective space missions. He noted promising developments from six Indian entities poised to unveil foundational AI models within the year. In discussions with tech leaders and investors, Altman remarked on the immediate potential of AI to enhance scientific research and development significantly but tempered expectations about its current capabilities, such as curing diseases.India's services sector saw its slowest growth in over two years this January, with the HSBC India Services Purchasing Managers' Index (PMI) reading dropping to 56.5 from December's 59.3, according to S&P Global. Despite this slowdown, the sector remains in expansion territory, above the 50-point mark that separates growth from contraction. Rhik Kundu reports that the dip is attributed to decreased customer numbers and a softer rise in sales and output. HSBC's chief India economist, Pranjul Bhandari, noted that both business activity and new business indices have not been this low since November 2022. However, the new export business has provided some cushion, reflecting a rebound in services exports as of December 2024. Simultaneously, India's manufacturing sector showed improvement, with the Manufacturing PMI climbing to a six-month high of 57.7 in January, driven by an increase in new export orders. India is currently experiencing two rare events: the Maha Kumbh in Prayagraj, occurring once every 144 years, and an unexpectedly cheerful middle class following the Union Budget 2025-26. This year's budget has infused ₹1 trillion into the economy via tax rebates to middle-income earners, marking a significant shift in fiscal policy that could ripple through the economy and the equity markets. Finance Minister Nirmala Sitharaman announced substantial tax breaks that not only increase disposable income but are set to initiate a beneficial economic cycle through the Marginal Propensity to Consume. For instance, an extra ₹50,000 in a taxpayer's pocket could lead to additional spending of ₹30,000, benefiting various sectors of the economy. This increased consumption is projected to generate an economic impact of ₹2.5 trillion, based on an MPC of 0.7, indicating a significant boost to economic activity. Abhishek Mukherjee takes a deep dive into how equity investors can ride the post-budget wave in today's Long Story.  Two former SpiceJet pilots have petitioned the National Company Law Tribunal (NCLT) in Delhi to declare the airline bankrupt over ₹3 crore in unpaid dues. The pilots, Sameer Breja and Karan Gupta, claim SpiceJet didn't pay salary arrears and other dues since 2020, exacerbated by the pandemic-induced salary cuts and new payment terms tied to operational benchmarks not initially agreed upon. SpiceJet dismisses the claims as "baseless and frivolous," stating that settlements are complete pending documentation from the pilots, Dhirendra Kumar and Daanish Anand report. The NCLT suggested the plea might be a pressure tactic and adjourned the case without issuing a notice to the airline.

On Saturday, Finance Minister Nirmala Sitharaman presented the twelfth Union Budget under Prime Minister Narendra Modi's government.This budget came at a time when India has been struggling to achieve its desired growth rate while grappling with challenges like unemployment and rising prices. After introducing reforms such as GST and implementing various ease-of-doing-business measures in the past, the government this time announced an unprecedented tax break for the middle class, hoping it would provide a much-needed boost to the economy.To break down the key takeaways, what this could mean for India's growth story, and other major highlights from the Union Budget, The Indian Express' Udit Misra joins us.Hosted and produced by Shashank BhargavaEdited and mixed by Suresh PawarAdditional help from Ichha Sharma

On Episode 498 of The Core Report, financial journalist Govindraj Ethiraj talks to Kunal Sodhani, Vice President, Shinhan Bank as well as Ajay Rotti Founder and CEO of Tax Compass . SHOW NOTES (00:00) Stories of the Day (00:50) Trump tariff shocks hit Indian markets (04:17) The rupee takes a sharp knock as the dollar surges (13:52) The new oil routes that could kick in on Canada and Mexico tariffs. Could India benefit? (16:21) The Income Tax Department admits it was adversarial earlier but will now move to trust (18:14) Signs of policy consistency and certainty in the Union Budget, including in  transfer pricing ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Register for India Energy Week, Feb 11-14⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Listeners! We await your feedback....⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ The Core and The Core Report is ad supported and FREE for all readers and listeners. Write in to shiva@thecore.in for sponsorships and brand studio requirements For more of our coverage check out ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠thecore.in⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Join and Interact anonymously on our whatsapp channel⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Subscribe to our Newsletter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Follow us on:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Twitter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Facebook⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Linkedin⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Youtube⁠

In this podcast episode, businessline's Akshata Gorde discusses the key highlights of the Union Budget for 2025-26 with A. Balasubramanian, CEO of Aditya Birla Sun Life AMC. Balasubramanian provides insights into how the budget will impact capital markets, economic growth, and investments.  The budget's relaxation in income tax, allowing individuals earning up to ₹12,00,000 to pay no tax, is a key highlight. Balasubramanian suggests that while this may boost disposable income, it's more beneficial for the economy if this money is spent, rather than invested in SIPs, to stimulate GDP growth.  The conversation also covers the reduction in government capital expenditure (CapEx). Balasubramanian highlights that the focus on fiscal consolidation doesn't undermine essential investments, especially in sectors like mining, electronics manufacturing, and shipping, which could boost employment and economic growth.  Balasubramanian discusses the impact of tax changes, including an increase in long-term capital gains tax from 10% to 12.5% and adjustments to REITs and InvITs taxation, designed to foster alternative financing options for businesses. He also emphasises the development of Gujarat's Gift City as an emerging investment hub.  Lastly, the podcast touches on expected changes to the Income Tax Bill, which could simplify tax structures and benefit capital markets. Overall, the episode offers valuable insights into how government policies and market dynamics intersect.  (Host: Akshata Gorde, Producer: Amitha Rajkumar , Prethicshaa)

On this Budget Special of The Core Report, financial journalist Govindraj Ethiraj is joined by Uday Ved, Partner at KNAV & Co, E.N. Dwaraknath, Partner at Price Waterhouse & Co LLP and Ajay Srivastava, Founder of Global Trade Research Initiative to talk about the key takeaways from yesterday's Union Budget. SHOW NOTES (00:00) Introduction (07:16) Tax Changes and Simplification in the Budget (09:53) Draft IT Act bill (11:06) Not enough Future-Proofing (14:20) There is a capital shortage (17:16) we need to address sectors specifically like Steel, Textiles, etc (18:43) Trump Tariffs (20:11) TCS and TDS rates (21:38) The 12 lakh tax limit and the Tax Slabs (24:02) What are the Tax exemptions? (25:32) Simplification of Customs Tax Slabs (27:30) Provisions to Foreign investors for Electronic Manufacturing (29:53) FM is focusing more on the PLI than the tax exemption (31:42) Corporate tax (32:55) How is India competitive globally on Corporate tax and Personal tax (34:18) A perspective on Corporate tax (36:32) Smartphone manufacturing and Uncertain Tariff policy (39:17) Final thoughts - Dwarak Narasimhan (40:16) IFSC (42:52) Clean Energy (44:05) Final Thoughts - Ajay Srivastava (45:22) Final Thoughts - Uday Ved ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Listeners! We await your feedback....⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ The Core and The Core Report is ad supported and FREE for all readers and listeners. Write in to shiva@thecore.in for sponsorships and brand studio requirements For more of our coverage check out ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠thecore.in⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Join and Interact anonymously on our whatsapp channel⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Subscribe to our Newsletter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Follow us on:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Twitter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Facebook⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Linkedin⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Youtube⁠

 On Episode 497 of The Core Report, financial journalist Govindraj Ethiraj talks to Ashok Bhattacharya, Editorial Director at Business Standard, Jairaj Purandare, Founder and Chairman at JMP Advisors as well as Indrani Bagchi, CEO at Ananta Aspen Centre. SHOW NOTES (00:00) The Take (06:36) Trade wars begin. (09:13) The markets did not get what they wanted from the Union Budget (11:14) A distilled Union Budget view and fine print (27:16) India and China ties are thawing after a freeze, what does this mean in the context of US, India and China equation (33:39) India launches a fresh effort to kick start private participation in nuclear power. The history ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Register for India Energy Week, Feb 11-14⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Listeners! We await your feedback....⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ The Core and The Core Report is ad supported and FREE for all readers and listeners. Write in to shiva@thecore.in for sponsorships and brand studio requirements For more of our coverage check out ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠thecore.in⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Join and Interact anonymously on our whatsapp channel⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Subscribe to our Newsletter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Follow us on:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Twitter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Facebook⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Linkedin⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Youtube⁠

In this episode of the Energonomics podcast, businessline's Richa and Mukesh Chandra, Representative at Aga Khan Rural Support Programme, discuss PM KUSUM's success in Bihar, the challenges ahead, and the potential recalibration of the scheme in the upcoming budget, along with the necessary adjustments to make it a true success. Listen in! (Host: Richa Mishra; Producer: Siddharth MC)

The government is slowly but steadily, increasing its focus on nuclear energy. India's nuclear power operator NPCIL invited proposals from industry to set up captive small nuclear reactors on December 31, 2024.  This invite is in line with Union Finance Minister Nirmala Sitharaman's announcement that the government would support the use of SMRs to increase the share of nuclear power in India's energy basket. While presenting the Union Budget 2024-25 in July last year, Ms. Sitharaman announced that the government would partner with the private sector to develop SMRs. “Nuclear energy is expected to form a significant part of the energy mix for Viksit Bharat. Towards that pursuit, our government will partner with the private sector to set up Bharat Small Modular Reactors and research and develop newer technologies for nuclear energy,” she said. What is NPCIL's proposal? Can these SMRs help India Inc. become greener? Are there any obstacles that can derail the nuclear push? To answer these questions we bring you this episode. Guest: Karthik Ganesan, Fellow and Director — Strategic Partnerships, at CEEW Host: Nivedita V Edited by Jude Francis Weston

In this episode of Market Minutes, host Neeshita Beura unpacks the market's cautious mood as Indian indices hit seven-month lows, weighed down by weak corporate earnings and persistent FII outflows. The episode dives into Wall Street's tech sell-off sparked by China's AI disruption, updates from the Asian markets, and key events like the Fed's rate decision and India's Union Budget. On the domestic front, the focus shifts to quarterly earnings from Tata Steel, Bajaj Auto, and others. In the Voice of the Day segment, Sumit Jain, Deputy CIO at ASK Investment Managers, provides expert insights on market underperformance and tips for retail investors to navigate volatile times.  Market Minutes is a morning podcast, putting the spotlight on trending stocks, crucial data points, and evolving market trends.

Welcome to CNBC-TV18's Marketbuzz Podcast. Here are top developments from around the world ahead of the trading session of January 29 -After showing weakness from Friday's highs, the Nifty50 witnessed a sharp sell-off on Monday, closing at a 7-month low. The index managed to hold levels above 22,800 but ended the day 263 points lower at 22,829, with 42 out of 50 stocks closing in the red. -Most heavyweights saw a closing in the red while ICICI Bank ended higher after Q3 earnings. FMCG stocks like HUL and Britannia were among the top Nifty gainers, both rising over 1%. On the other hand, the IT index fell 3%, dragged down by global cues. HCL Tech, Tech Mahindra, and Wipro were the top Nifty losers. -Going ahead, market sentiment remains on the edge as investors brace for Wednesday's Federal Reserve rate decision and accompanying policy guidance. This unease is further fueled by mixed earnings reports, geopolitical tensions, and the impending Union Budget, all of which have contributed to the prevailing uncertainty. -Stocks to watch: Coal India, Tata Steel, Indraprastha Gas, Kaynes Technology India, Piramal Enterprises -Earnings: Bajaj Auto, Hindustan Zinc, Hyundai Motor India, Bharat Heavy Electricals, Cipla, JSW Energy, Suzlon, ideaForge Technology, and TVS Motor Company -Additionally, global developments weighed heavily on Indian markets. The recent launch of DeepSeek, a Chinese AI startup, and former U.S. President Trump's abrupt tariff announcement on Colombia have created fresh headwinds. DeepSeek's emergence as the No. 1 free app on the iOS App Store has intensified concerns, as it positions itself as a free alternative to ChatGPT, which has signaled its intention to shift toward a for-profit model. -Global cues: Most Asian shares dropped following a bruising session on Wall Street caused by fears the valuation of artificial-intelligence companies had become excessive. The MSCI Asia Pacific Index slipped as much as 0.6% with Japan's largest technology firms leading declines. That was after the S&P 500 and Nasdaq 100 both tumbled Monday as a cheap AI model from Chinese startup DeepSeek fueled concern valuations may be hard to justify. Many Asian markets, including China and South Korea, are shut Tuesday for the start of the Lunar New Year holidays. -In commodities, oil steadied — after sinking by nearly 2% on Monday. Brent crude traded near $77 a barrel, while West Texas Intermediate was above $73. -This morning, GIFT Nifty was trading at a premium of nearly 100 points vs Nifty Futures' Monday's close, indicating a gap-up start for the Indian market. Tune in to the Marketbuzz Podcast for more cues

In this episode of Market Minutes, Neeshita breaks down the mixed bag of market cues, from weak corporate earnings dragging Indian indices lower to IT sector optimism driven by AI spending in the U.S. The podcast also explores the global narrative, including Wall Street's pullback, Federal Reserve expectations, and trade policy uncertainties under President Trump. In the Voice of the Day segment, Kranthi Bathini, Equity Strategist at WealthMills Securities Pvt Ltd., shares his insights on the market setup ahead of the Union Budget 2025.  Market Minutes is a morning podcast, putting the spotlight on trending stocks, crucial data points, and evolving market trends.

Welcome to CNBC-TV18's Marketbuzz Podcast. Here are top news from around the world ahead of the trading session of January 27 -It'll be a longer trading week as the markets will also remain open on Saturday this time on account of Modi 2.0 government's Union Budget presentation for the 2025-26 fiscal on February 1. -Now, Friday's session marked the third consecutive week of negative returns for the market, a streak not seen in the past three months. The Nifty erased gains from its previous two sessions and ended the week with a 0.48% loss, reflecting the weakening broader trend.   -Going ahead, domestic equities are expected to trade within a broad range with some volatility amidst the Q3 result season, unfolding of US President Trump's economic policies and the Union Budget on Saturday. PSU and capex themed stocks such as railway, defence, capital goods will be in focus ahead of the Budget. -Stocks like ICICI Bank, NTPC Green Energy, IDFC First Bank, Yes Bank, Macrotech Developers, DLF, and JK Cement, among others will remain in focus today as these companies declared their December quarter results after market hours on Friday. -Apart from these, shares of Religare Enterprises will also be in focus as global investor Digvijay Gaekwad had made a competing open offer against the Burman Family for 26% stake at ₹275 per share. The Burman Family open offer is at ₹235 per share. Gaekwad has written to the SEBI Chairperson to make the competing open offer. -This morning, GIFT Nifty was trading at a discount of more than 100 points Vs Nifty Futures' Friday's close, indicating a gap-down start for Indian market -Results: Tata Steel, Coal India, ACC, Adani Total Gas, Canara Bank, Bajaj Housing Finance -Asian stocks rose in early trade, with caution remaining over a global rebound after President Donald Trump's decision to impose tariffs and sanctions on Colombia for impeding his immigration goals. The dollar edged higher. Japanese benchmarks advanced, with Hong Kong futures pointing to mild gains at open. US equity futures slid, paring last week's gain that was the best start to a presidential term since 1985. Australia's stock and bond market is closed for a holiday. -In commodities, oil posted its first weekly decline of the year after Trump threatened penalties on Moscow if Russia didn't make a deal to end the war in Ukraine, and demanded OPEC+ lower the cost of crude. Bitcoin edged lower after touching a fresh record last week after Trump last week signed an order to create a working group of key agencies to advise on crypto policy and create a regulatory framework and legislative proposals. Gold advanced for a fourth straight week. Tune in to the Marketbuzz Podcast for more cues

This is the Catchup on 3 Things by The Indian Express and I'm Ichha Sharma.Today is the 24th of January and here are this week's headlines.A Sealdah court on Monday sentenced Sanjay Roy to life imprisonment for raping and murdering a trainee doctor at RG Kar Medical College in August. Roy was convicted on Saturday, nearly six months after his arrest. The court imposed a Rs 50,000 fine and ordered the West Bengal government to pay Rs 1.7 million in compensation to the victim's family. Junior doctors at RG Kar expressed dissatisfaction with the verdict.Chalapati, a 62-year-old Maoist leader, was killed in an encounter on Tuesday with security forces near the Chhattisgarh-Odisha border. Known for his rapid rise through the ranks, Chalapati orchestrated several high-profile attacks, including the 2018 killing of TDP MLA Kidari Sarveswara Rao. Hailing from Andhra Pradesh, he was believed to be the mastermind behind the deadly attack in Araku Valley, which also targeted former MLA Siveri Soma. His wife, Aruna, allegedly led the Maoist group involved in the murders.At least 12 passengers were killed and 10 injured on Wednesday after they jumped off the Pushpak Express in panic following rumors of a fire onboard. The passengers were run over by the Karnataka Express traveling on an adjacent track in Jalgaon, Maharashtra. Around 30-35 people are suspected to have jumped. Maharashtra CM Devendra Fadnavis expressed deep grief, paying tribute to the victims. Rescue operations were launched with ambulances and railway vans deployed at the scene.Ahead of the Delhi Assembly elections, Aam Aadmi Party (AAP) released its manifesto on Wednesday with a focus on middle-class welfare. Party chief Arvind Kejriwal highlighted seven demands to be included in the Union Budget, urging transformative reforms in education, healthcare, and senior citizen welfare. Kejriwal emphasized the need to prioritize the middle class, proposing changes to taxation and policies that would improve quality of life for Delhi's working families and address their pressing concerns.On his first day after swearing in as the US President, Donald Trump signed an executive order limiting immigration laws, including birthright citizenship on Tuesday. The new policy restricts automatic U.S. citizenship to children born on American soil, requiring at least one parent to be a U.S. citizen, green card holder, or military member. This change may impact millions of Indian-Americans, complicating their pursuit of permanent residency, as birthright citizenship was a crucial pathway to citizenship for many foreign-born children.Meanwhile, at least nine Palestinians were killed and 40 others were left wounded after Israel launched a major military operation in the occupied West Bank city of Jenin on Tuesday. The operation came as Israel's ceasefire with Hamas in Gaza entered its third day, bringing the 15-month conflict to a halt. On Monday, the top general in Israel resigned, citing security failures that led to Hamas' attack on October 7, 2023. Meanwhile, US President Donald Trump said he is considering going to the Middle East, but not immediately amid the return of hostages, while reiterating that the attack on Israel by Hamas should not have happened.This was the Catch Up on 3 Things by the Indian Express

In today's episode of Market Minutes, Vaibhavi Ranjan unpacks the major market movers for January 24. After two days of gains on Dalal Street, GIFT Nifty hints at a mildly positive start for Indian equities. Will the mid- and small-cap rebound sustain, or will markets remain rangebound? Dr. Reddy's takes center stage after a strong Q3 performance, while Mankind Pharma grapples with a profit decline. Globally, Wall Street extends its rally as Asia-Pacific markets mirror the optimism. In the Voice of the Day segment, Raj Vyas of Teji Mandi shares his outlook on the market trajectory ahead of the Union Budget. Tune in for all the market buzz, expert opinions, and stock trends!

 Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Thursday, January 23, 2025. This is Nelson John, let's get started. Geopolitics is reshaping global tech strategies, with the US's Stargate Project a prime example. Spearheaded by President Trump, this initiative involves a consortium including OpenAI, Oracle, SoftBank, and MGX committing $500 billion to develop AI data centres across the US. This move aims to bolster America's AI infrastructure, create 100,000 jobs, and enhance its competitive edge against China in AI technologies. China, despite trailing behind the U.S. in AI, continues its rapid advancement, highlighted by innovations such as DeepSeek's new open-source AI model. This model promises to deliver high-level AI functionalities at a fraction of the cost of current leading technologies, posing a direct challenge to America's dominance. India is also not far behind, and is aggressively expanding its AI infrastructure. New initiatives and investments, such as Microsoft's $3 billion expansion and major semiconductor projects, are set to significantly boost India's capabilities in AI and chip manufacturing, aiming to make it a pivotal player in the global tech landscape. So, will the Stargate Project help the US trump China? Leslie D'Monte explains. The division of real estate magnate Mangal Prabhat Lodha's empire aimed to prevent family conflict but has led to a legal battle between his sons Abhishek and Abhinandan Lodha. Despite an initial settlement that divided the business, including a payout to Abhinandan, disagreements over the use of the Lodha name have surfaced. Abhishek's company, Macrotech Developers, has sued to stop Abhinandan's business from using the name, claiming it confuses customers and dilutes the brand. This dispute has become public, hampering Macrotech's stock and highlighting the complexities of family business transitions and brand management. Nehal Chaliawala and Varun Sood take a deep dive into the conflict in the Lodha family. UPI Circle, a feature on the BHIM app, allows a primary user to authorize a secondary user to handle transactions from their bank account. This setup is ideal for helping those who may struggle with digital payments, and offers both full and partial delegation options. In full delegation, secondary users can process transactions up to ₹15,000 per day without further approval. Partial delegation, however, requires the primary user's confirmation for each transaction, adding a layer of security. The service is available through the BHIM app, and is supported by major banks such as SBI, HDFC, and ICICI, but it's not yet live on the most popular UPI platforms such as PhonePe or Google Pay. The rapid expansion of quick commerce in India has led to a surge in demand for dark store workers, vital for operations of businesses such as Zomato's Blinkit and Swiggy's Instamart. These workers are essential for picking, packing, and loading goods quickly to meet the quick-delivery promises. With Zomato planning to double its dark stores and Zepto aiming for significant growth, the sector sees high churn rates and competition for workers, pushing companies to offer better salaries and incentives. Industry specialists note that dark store workers typically earn between ₹15,000-18,000 a month, with potential bonuses that could add another ₹6,000. However, attrition rates are around 12-15% a month – much higher than in other sectors. This high turnover means companies such as Zepto and Blinkit could see their entire workforce change over the course of a year, which drives up hiring costs, Mansi Verma reports. The upcoming Union Budget for FY26 may include financial support for green hydrogen initiatives targeting major polluting industries such as steel, cement and power. This move is being considered to speed up the adoption of green technologies, which has been slower than expected because of high costs. The Ministry of New and Renewable Energy has proposed incentives for adopting green hydrogen and carbon capture, utilization, and storage, recognizing that fiscal support is crucial to meet India's energy transition goals. Currently, under the ₹19,700 crore National Green Hydrogen Mission, the government provides ₹17,490 crore for green hydrogen and electrolyzer production under the SIGHT scheme, Rituraj Baruah reports. The goal is to produce 5 million tonnes of green hydrogen by 2030, leveraging India's renewable energy capabilities to make it a significant player in the global market.

This is the Catchup on 3 Things by The Indian Express and I'm Flora Swain.Today is the 22nd of January and here are the headlines.At least 11 passengers were killed and 11 injured on Wednesday after they jumped off the Pushpak Express in panic following rumors of a fire onboard. The passengers were run over by the Karnataka Express traveling on an adjacent track in Jalgaon, Maharashtra. Around 30-35 people are suspected to have jumped. Maharashtra CM Devendra Fadnavis expressed deep grief, paying tribute to the victims. Rescue operations were launched with ambulances and railway vans deployed at the scene.Bollywood actor Saif Ali Khan, who was discharged from the hospital after a stabbing attack, has increased his security by hiring actor Ronit Roy's firm. Roy was seen accompanying Khan after his release from Lilavati Hospital in Mumbai. Khan was attacked last Thursday at his Bandra residence by a Bangladeshi national, who entered the property by scaling the complex wall while the guards slept. The police reconstructed the crime scene to reveal details of the attack.Ahead of the Delhi Assembly elections, Aam Aadmi Party (AAP) released its manifesto with a focus on middle-class welfare. Party chief Arvind Kejriwal highlighted seven demands to be included in the Union Budget, urging transformative reforms in education, healthcare, and senior citizen welfare. Kejriwal emphasized the need to prioritize the middle class, proposing changes to taxation and policies that would improve quality of life for Delhi's working families and address their pressing concerns.The Supreme Court issued a split verdict on a plea by former AAP councillor and Northeast Delhi riots accused Tahir Hussain, seeking interim bail to campaign for Delhi Assembly elections. Hussain, who is contesting as an AIMIM candidate, requested bail for election purposes. Justices Pankaj Mithal and Ahsanuddin Amanullah gave differing opinions; Justice Mithal rejected the plea, while Justice Amanullah favored granting bail, leaving the final decision uncertain.US President Donald Trump, shortly after assuming office, signed an executive order pardoning all those convicted for involvement in the January 6 Capitol riots. Hundreds of rioters, many accused of violent crimes, were released from prison with charges dropped. Speaking at the White House, Trump condemned the conditions of imprisonment, calling them inhumane. While the pardons brought relief to the rioters, they did not receive monetary compensation for their time served.This was the Catch Up on 3 Things by the Indian Express.

 Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Wednesday, January 22, 2025. This is Nelson John, let's get started. The Reserve Bank of India is making strides towards making the rupee and international currency by allowing non-residents to open rupee accounts in the overseas branches of authorized Indian banks. This move, part of a broader effort to encourage cross-border transactions in the rupee, follows the RBI's consultation with the central government and builds on recommendations from a 2022 RBI committee aimed at integrating the rupee into the global financial system more effectively. Now, non-residents can manage both current and capital transactions with Indian residents through these accounts and also use them to invest in rupee assets, Gopika Gopakumar reports. For example, a non-resident Indian in the U.S. can hold rupees received from exports to India and use them for various payments, including imports back into India. This flexibility could significantly streamline the management of trade finances. However, bankers are cautiously optimistic, noting that the rupee's non-convertible nature might slow its adoption for international transactions. The Union Budget for FY26 is expected to significantly increase financial support for startups and small businesses, which are crucial to India's economy, accounting for nearly one-third of its GDP. The government plans to bolster working capital, trade finance, and growth funding through favourable terms under various schemes managed by the Department of Promotion of Industry and Internal Trade and the Ministry of MSMEs. These sectors are particularly important as they employ over 247 million people amidst India's ongoing job-creation challenges. Expected initiatives include more robust financial backing under existing DPIIT and MSME schemes.  India's top IT firms are charting different courses in their AI journeys. Companies such as Infosys and Tech Mahindra are crafting small AI models that are perfect for specific, cost-sensitive tasks. These smaller models use less data, making them quicker and cheaper to operate. For instance, Infosys has created distinct models for industries such as banking and cybersecurity by combining their rich internal data with some carefully selected external datasets. Meanwhile, other players such as Tata Consultancy Services, Wipro, and HCL Technologies are choosing to expand on existing, broad-scope AI tools known as large language models (LLMs). Jas Bardia writes that this highlights a fundamental choice in AI development between specialisation and scalability. Smaller models offer precise solutions at lower costs, while larger models deliver extensive capabilities but come with higher operational expenses and risks.At Prayagraj's Maha Kumbh Mela, a grand spiritual gathering attracting over 400 million visitors this year, businesses are seizing the opportunity to cater to the massive influx. The festival, held once every 12 years, not only promises spiritual fulfilment but has also turned into a bustling economic hub. According to Sprout Research, the event is expected to generate financial transactions worth around $30 billion. Amidst this, social media influencers are earning significant sums by promoting everything from local businesses to spiritual activities. They look to capture the festival's essence through videos and posts, and charge up to ₹30,000 for a single post. Local tour operators are also capitalizing on the event, offering packages that include holy dips with sadhus for anywhere from ₹50,000 to ₹1 lakh. Even large corporations and banks such as the Reserve Bank of India and Bank of Baroda are using the event to promote digital privacy, cybersecurity and digital payments. Advertising has spiked, with costs for promotional spaces significantly higher than in previous years. Read Devina Sengupta's detailed report on India's unique mela economy from the grounds of the Mahakumbh in Prayagraj. India's bullet train network is set to expand, with the government planning to create new high-speed rail corridors across the country. According to railway minister Ashwini Vaishaw, this expansion will harness indigenous technology developed in collaboration with Japanese experts, building on the experience gained from the Mumbai-Ahmedabad project. The National High Speed Rail Corporation Ltd has already identified seven additional corridors, with detailed project reports for most of them submitted or scheduled for completion soon. This initiative aims to connect major cities via a golden quadrilateral of bullet trains, enhancing connectivity and reducing travel times significantly. The government is also focusing on increasing the indigenization of high-speed rail technology to reduce costs and promote local manufacturing. There are also plans to upgrade the domestically produced Vande Bharat trains to higher speeds to complement the bullet train services.

In this episode of Market Minutes, Zoya Springwala talks about the key factors to watch out for today before the domestic market opens. Market experts recommend that participants should view any uptick as an opportunity to trim positions during further recovery, particularly in the midcap and smallcap segments. Also, catch Prakash Diwan on the Voice of the Day segment.  Market Minutes is a morning podcast that puts the spotlight on hot stocks, key data points, and developing trends.

Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Monday, January 13, 2025. This is Nelson John, let's get started. Mint recently wrapped up a survey, running from late November to December, to gauge public opinion ahead of the Union Budget. We asked readers about their preferences on government planning and potential budget priorities. The results revealed a clear preference for short-term planning. Most of the 7,051 participants are leaning away from long-term goals, favouring immediate action instead. When it comes to the economy, job creation topped the list of priorities with many expressing dissatisfaction with the current income tax slabs, particularly the salaried folks who are craving more tax breaks. About 73% flagged job creation as crucial, underscoring a general unease about employment opportunities. The survey also highlighted a split opinion on populist budget measures, with about 41% in favour during slow economic times, yet higher earners largely opposed the idea. Schemes favouring women, farmers, and entrepreneurs received strong support, showing a desire for targeted assistance in these areas.  India is set to reduce its fiscal deficit for  2024-25 to between 4.7% and 4.8% of GDP, a bit lower than the initially budgeted 4.9%. Sources in the government told Rhik Kundu and Subhash Narayan about the move which is a part of the government's ongoing efforts to enforce economic discipline and maintain a trajectory towards fiscal consolidation, with an end goal to bring the deficit down to below 4.5% by 2026. Despite a slowdown in GDP growth, which fell to 5.4% in the September quarter, the government's financial health has been buoyed by robust tax collections and a significantly higher-than-expected dividend from the Reserve Bank of India. This fiscal year,  RBI has contributed a whopping ₹2.11 trillion dividend, which has been a major boost. As for the numbers, the government's fiscal deficit target for FY25 is pegged at ₹16.13 trillion. Up to November, it has  managed to keep the deficit at ₹8.47 trillion, which is about 52.5% of the full-year target. This careful management of the budget aims to send reassuring signals to investors, especially crucial at a time when the global economy is slowing.The PM internship scheme, currently being tested, is gearing up for some updates based on feedback from its pilot run and industry inputs. While the monthly stipend of Rs 5,000  and a one-time joining bonus of Rs 6,000 won't see a hike, other elements are under review to better tailor the program for launch. Since its introduction in early October, the pilot has seen a 621,000 applications for about 127,000 spots, showing there's a massive interest in the initiative. Despite this enthusiastic start, the real challenge lies in scaling up, as the government aims to provide 2 million internships annually over the next five years. The plan is to integrate these internships into academic settings where they can provide real-world experience alongside classroom learning, making students more job-ready upon graduation.How a company's  HR department  is viewed swings depending on the job market. When talent's hard to come by, companies value HR as a strategic ally. But when there are plenty of job seekers, HR might feel like a bit of a drag—nobody likes being told what to do, especially when it doesn't seem urgent. Peter Cappelli from University of Pennsylvania puts it plainly: HR's seen as crucial in tough times but might just be the folks planning the office parties when the pressure's off. It's a bit of a sticky situation, really.  In MBA courses, HR gets tagged as a 'soft option', so it doesn't always attract the top talent. This sticks around, making it tough to find really strong HR leaders who get the business side of things as much as any CFO might. Devina Sengupta examines why HR is the most hated department in any organisation. For homebuyers tangled in issues like construction delays or misleading sales pitches, there's a new ally on the horizon. India's Central Consumer Protection Authority is gearing up to join forces with the Real Estate Regulatory Authority to offer a robust support system for frustrated property buyers, Dhirendra Kumar reports. Whether it's issues with taking possession, shoddy construction, or navigating the maze of home loans, CCPA is setting sights on giving homebuyers a fair shake in a market notorious for its unpredictability. The move is timely. Despite Rera's efforts since 2017 to protect homebuyers, the authority often hits a wall when it comes to enforcing its rulings, especially when developers appeal against its decisions, dragging out disputes. CCPA, established in 2020, plans to intervene when traditional routes falter, ensuring actions like refunds from developers who don't hold up their end of the deal. 

On Episode 479 of The Core Report, financial journalist Govindraj Ethiraj talks to G Chokkalingam, Founder of Equinomics Research as well as Himanshu Parekh, Partner and Head of Tax (West) at KPMG. SHOW NOTES (00:00) The Take: India's Diagnostics Industry Is Going to Grow (04:41) Markets stay on weak footing, will midcaps surprise? (07:20) What early market trends for 2025 are telling us about stocks (16:56) India's forex reserves down $70 billion from peak as markets brace for rupee sliding below Rs 86 to USD. (17:55) Fresh sanctions on Russia increases the prospect for lower crude oil prices for India. (21:05) 22 subcommittees are working on simplifying India's tax laws before the Union Budget. Will they meet the deadline? ⁠⁠⁠⁠⁠Register for India Energy Week, Feb 11-14⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Listeners! We await your feedback....⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ The Core and The Core Report is ad supported and FREE for all readers and listeners. Write in to shiva@thecore.in for sponsorships and brand studio requirements For more of our coverage check out ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠thecore.in⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Join and Interact anonymously on our whatsapp channel⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Subscribe to our Newsletter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Follow us on:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Twitter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Facebook⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Linkedin⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Youtube⁠

EY India Chairman Rajiv Memani stresses on divestment, reducing tax disputes, and targeted schemes in labour-intensive sectors to drive economic growth and reforms in the upcoming Union Budget. The upcoming Union Budget presents the Modi government with an opportunity to advance the narrative of economic stability by focusing on lowering tax rates, adopting a more proactive stance on addressing low-cost imports from China, simplifying GST, and implementing additional schemes in labour intensive sectors.

Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Monday, December 30, 2024. This is Nelson John, let's get started.Several major investors of Religare criticised a PIL that led the Madhya Pradesh High Court to indefinitely stay the company's upcoming annual general meeting. They argued that a takeover of Religare by the Burman family could concentrate ownership and harm minority shareholders. Nehal Chaliawala writes that one executive from a mutual fund said that holding an AGM is an independent matter, and unrelated to regulatory approvals. The AGM was scheduled for December 31. Key leadership issues, particularly those surrounding the chairperson Rashmi Saluja, were slated to be discussed. America's sought-after H-1B visa is doing the rounds after being brought in the limelight by Elon Musk. This visa is essential for hiring specialized foreign workers. Usually, skilled workers from India and China are first in line for such a visa. Shelley Singh writes that Musk's interest in hiring more workers via the H-1B is at loggerheads with President Donald Trump's conservative supporters, who want tighter immigration norms. However, the Indian IT sector is becoming less reliant on the H1-B as more American companies open offices in India.The government wants to cut red tape, and it wants to do it by next year's Union Budget. Gireesh Chandra Prasad reports that the government is identifying regulations that can be relaxed during the Budget to help revive a slowing economy. These rules will directly address concerns of "over regulation" in certain sectors, and will scale back these rules to help India Inc. flourish without having to worry about endless compliance norms. Gireesh identifies two major areas where a streamlined process could do wonders: land and labour laws.If your portfolio includes one of India's top five IT stocks, you probably had a mixed 2024. Revenue growth this past year slowed down, compared to the previous year. Jas Bardia and Varun Sood write that despite this, shares of TCS, Infosys, HCL, and Tech Mahindra performed better than expected. 2025 might bring heavier spending by these companies due to the US Federal Reserve's interest rate cuts. Increased revenues on the back of deflated base numbers would bode well for these IT stocks.It's hiring season for rural India. Devina Sengupta and Suneera Tandon write that India's consumer goods companies are ramping up hiring in rural markets. Rural markets outperformed their urban counterparts this year, leading to this move. There is a higher demand for roles such as van sales representatives, leading to this move. Notable firms like Godrej Consumer Products, Dabur, and ITC are expanding their workforce and introducing more economical options to try and push deeper into the hinterlands. Recruitment firms are reporting a 10-15% increase in hiring by fast-moving consumer goods companies in these areas. 

In this episode of Market Minutes, Zoya Springwala talks about the key factors to watch out for today before the domestic market opens. As a result of the holiday-shortened week, domestic markets are seeing thin volumes, coupled with the falling Rupee and persistent FII selling. Also, DAM Capital, Transrail, Mamata Machinery are to list on the bourses later today. Market Minutes is a morning podcast that puts the spotlight on hot stocks, key data points, and developing trends.

How does the Central government and State governments divide tax collection? Why was ban on alcohol a bad decision by Bihar? Which government policies are really beneficial to the public? In this episode, Karthik breaks down the complexities of revenue and expenditure, explaining how taxes are collected, allocated, and utilized to drive India's growth. From infrastructure development to social welfare programs, discover how taxes shape the nation's future. Tune in for a fascinating discussion on the economics of governance and the role of taxes in building a better India. How does the Central government and State governments divide tax collection? Why was ban on alcohol a bad decision by Bihar? Which government policies are really beneficial to the public? In this episode, Karthik breaks down the complexities of revenue and expenditure, explaining how taxes are collected, allocated, and utilized to drive India's growth. From infrastructure development to social welfare programs, discover how taxes shape the nation's future. Tune in for a fascinating discussion on the economics of governance and the role of taxes in building a better India. Chapters - 00:00:00 - 00:01:11 - Episode Introduction 00:01:11 - 00:12:44 What are the different roles of the Central government and State governments? 00:12:44 - 00:25:33 How does the government navigate through debt, inflation and financial emergencies? 00:25:33 - 00:30:30 How is the country's revenue divided between the Central government and state governments? 00:30:30 - 00:37:30 Why was Bihar's decision to ban alcohol a bad one? 00:37:30 - 00:42:40 Which tax revenues are controlled by the Central government and which by State governments? 00:42:40 - 00:51:00 On what and how much is the expenditure by both governments? 00:51:00 - 01:11:11 What are some measures proposed by Karthik to optimise the financial operations and outcomes by the government? 01:11:11 - 01:19:37 What are the steps that need to be taken to ensure well-run governments and a better economy? 01:19:37 - 01:21:49 Concluding today's episode Resource List - Accelerating India's Development: A State-Led Roadmap for Effective Governance, Book by Karthik Muralidharan - https://amzn.in/d/ig9Sw0i Indian Finance Commision - https://fincomindia.nic.in/ NREGA Website - https://nrega.nic.in/MGNREGA_new/Nrega_home.aspx Paper on Public Employment Programs - https://www.econometricsociety.org/publications/econometrica/2023/07/01/General-equilibrium-effects-of-improving-public-employment-programs-experimental-evidence-from-India More about Pensions - https://seenunseen.in/episodes/2023/9/18/episode-347-indias-massive-pensions-crisis/ What is the 3-i framework? - https://www.ncchpp.ca/docs/2014_ProcPP_3iFramework_EN.pdf CEGIS Website - https://www.cegis.org/ Union Budget by the Ministry of Finance - https://www.indiabudget.gov.in/ About SparX by Mukesh Bansal SparX is a podcast where we delve into cutting-edge scientific research, stories from impact-makers and tools for unlocking the secrets to human potential and growth. We believe that entrepreneurship, fitness and the science of productivity is at the forefront of the India Story; the country is at the cusp of greatness and at SparX, we wish to make these tools accessible for every generation of Indians to be able to make the most of the opportunities around us. In a new episode every Sunday, our host Mukesh Bansal (Founder Myntra and Cult.fit) will talk to guests from all walks of life and also break down everything he's learnt about the science of impact over the course of his 20-year long career. This is the India Century, and we're enthusiastic to start this journey with you. Follow us on our Instagram: / sparxbymukeshbansal Also check out our website: https://www.sparxbymukeshbansal.com You can also listen to SparX on all audio platforms! Fasion | Outbreak | Courtesy EpidemicSound.com

In this episode, Nick Fabbri speaks with Gargi Sharma Goel about her life and career in New Delhi, India, her work in the Ministry of Finance and Indian Revenue Service, key economic and tax policy interests, her journey to the Master of Public Policy at Oxford, balancing parenthood with studies, and the happiest memories from her time in the UK. *** Gargi Sharma Goel is career civil servant, part of the Indian Revenue Service, and works in the Ministry of Finance of the government of India. Gargi lives in New Delhi. Gargi focuses on tax policy and has been involved in the preparation of the Union Budget. She keeps a close watch on the pulse of the Indian economy and has undertaken many policy initiatives for its growth and development. Her key area of interest has been the utility of tax policy for socio-economic welfare, and she is interested in exploring tax policy as a tool for promoting equitable growth across all sections of society. Gargi's other field of interest has been international taxation and transfer pricing. She has also been involved with OECD two-Pillar International Tax negotiations for tax-sharing in the digitalised and borderless world, where she endeavours to establish cooperative and fair tax sharing mechanisms. Gargi is a World Bank Scholar.

In this episode, Nick Fabbri speaks with Gargi Sharma Goel about her life and career in New Delhi, India, her work in the Ministry of Finance and Indian Revenue Service, key economic and tax policy interests, her journey to the Master of Public Policy at Oxford, balancing parenthood with studies, and the happiest memories from her time in the UK.***Gargi Sharma Goel is career civil servant, part of the Indian Revenue Service, and works in the Ministry of Finance of the government of India. Gargi lives in New Delhi. Gargi focuses on tax policy and has been involved in the preparation of the Union Budget. She keeps a close watch on the pulse of the Indian economy and has undertaken many policy initiatives for its growth and development. Her key area of interest has been the utility of tax policy for socio-economic welfare, and she is interested in exploring tax policy as a tool for promoting equitable growth across all sections of society.Gargi's other field of interest has been international taxation and transfer pricing. She has also been involved with OECD two-Pillar International Tax negotiations for tax-sharing in the digitalised and borderless world, where she endeavours to establish cooperative and fair tax sharing mechanisms.Gargi is a World Bank Scholar.

For many in the Indian Railway Catering and Tourism Corporation (IRCTC), this year's Union Budget announcement was a damp squib.On 23 July, several officials from the ticketing-and-catering arm of Indian Railways waited for over an hour, with the collective hope that Finance Minister Nirmala Sitharaman would quash the discounts on UPI payments. The reason behind their discontent is that the discount has cost IRCTC an arm and a leg. The company has lost Rs 40 crore in revenue. But despite all of the pushback, this year's Budget did not mention revoking the mandate anywhere. So, what's going on? And why isn't the government backing down?Tune in to find out. P.S. The Ken podcast team is looking for a talented podcast producer and an audio journalist. If you fit the bill or know someone who does, please apply! 

"Our time has come, but we must kick the ball to score the goal." In this episode, Nilesh Shah, Managing Director at Kotak Mahindra Asset Management Company, shares his insights on India's remarkable economic growth, challenges ahead, and the key risks investors should be aware of. He also highlights his takeaways from the recent Union Budget and Economic Survey Report.This episode is hosted by Rishabh Saksena, Head of Investment Specialists Asia at Julius Baer.

In this Telugu podcast, we sit down with Ajitesh Korupolu, Founder and CEO of ASBL, to unravel the complexities of India's Union Budget and its far-reaching implications. Our conversation kicks off with an intriguing question: Are our taxes genuinely being used for public welfare, or are they just filling government coffers and funding luxuries? Ajitesh sheds light on the staggering statistic that many citizens essentially work four months a year solely to pay taxes, which raises significant concerns among the middle class about the efficacy and fairness of our tax system. The issue of India's national debt also comes under scrutiny. With a jaw-dropping debt figure of 50 lakh crore rupees, Ajitesh explores the implications of such a massive financial burden. He questions whether we are inadvertently setting up future generations for financial instability and whether the government's borrowing practices are sustainable in the long run. This segment of the podcast provides a comprehensive overview of how debt is accumulated, managed, and its potential impact on India's economic future. One of the most thought-provoking segments of our discussion centers around the special welfare budgets for SC/ST/BC communities. Ajitesh offers a candid assessment of these initiatives, questioning whether they are genuinely beneficial or merely political strategies to secure votes. He discusses the effectiveness of these budgets, their implementation, and the real outcomes they have achieved. This conversation leads to a broader discussion on the role of welfare programs in addressing social inequalities and their potential for real societal change. Ajitesh also raises concerns about the lack of economic literacy in India's education system. Despite the critical importance of understanding economics in everyday life, this subject is often neglected in schools and universities. He argues that a more robust economic education is essential for preparing young Indians to navigate the complexities of the financial world. Ajitesh emphasizes the importance of integrating economic literacy into the curriculum, ensuring that future generations are well-equipped to make informed financial decisions. Another critical area of discussion is the manufacturing sector's expansion under Prime Minister Narendra Modi's administration. Ajitesh offers a balanced view, acknowledging the achievements while also questioning whether the focus on manufacturing is as beneficial as it appears. He delves into the nuances of government policies, the challenges faced by the sector, and whether these initiatives genuinely contribute to long-term economic growth or serve as a distraction from other pressing issues. As the conversation progresses, we explore the role of India's youth in driving economic growth. Ajitesh passionately discusses the potential of young Indians to break free from economic illiteracy and actively contribute to the nation's development. He emphasizes the importance of acquiring new-age skills and staying informed about economic trends. This segment serves as a motivational call to action for young viewers, encouraging them to take an active interest in economic matters and participate in shaping India's future. This podcast is packed with valuable insights and critical discussions that challenge commonly held beliefs and encourage viewers to think more deeply about India's economic policies and their implications. Whether you're a student, professional, entrepreneur, or simply a concerned citizen, this episode offers a wealth of knowledge and perspectives that can help you better understand the current economic landscape.

The episode provides an in-depth analysis of the structural challenges that led to the slowdown in private investment in India from 2011, highlighting the impact of policy uncertainty, weak rule of law, and central planning on business confidence. Ajay Shah advocates for broader policy reforms that enhance the institutional environment, making it more conducive to private sector participation in the economy.He also discusses the strategic importance of fiscal discipline in the context of India's economic challenges. He emphasizes the need for a prudent approach to deficit management, arguing that a flexible fiscal policy, which adapts to economic cycles, is more suitable for India than rigid deficit targets. The discussion also explores the role of infrastructure investments, questioning whether the current government-led infrastructure push effectively addresses the deeper issues of private sector investment and economic growth.Additionally, Shah touches upon the ongoing debate around tax policy, particularly the potential overhaul of India's direct tax code and the implications of capital gains taxation. He underscores the importance of aligning tax policy with the broader goal of promoting capital formation and economic growth in India.How can India balance fiscal discipline with the need for economic growth? What are the underlying reasons for the private sector's reluctance to invest in India? How can tax policy reforms contribute to India's economic objectives?Additional Readings In Service of the Republic: The Art and Science of Economic Policy by Vijay Kelkar and Ajay ShahForeign Investors Under Stress: Evidence from India by Ila Patnaik, Ajay Shah, and Nirvikar SinghScale Economies, Product Differentiation, and the Pattern of Trade by Paul KrugmanThe Case for Trade Barriers Against Chinese Imports by Ila Patnaik and Ajay ShahThe State of the Economy by Ajay ShahGovernment Programs Have a Limited Impact on Employment by Ajay Shah Where Has All the Infrastructure Gone? | Episode 55 | Everything is EverythingStrategic Thinking on Fiscal Policy by Ajay Shah Where Has All the Infrastructure Gone? | Episode 55 | Everything is EverythingEpisode Contributors: Ajay Shah is a senior research fellow and co-founder of XKDR Forum. He has held positions at the Centre for Monitoring Indian Economy (CMIE), the Indira Gandhi Institute for Development Research (IGIDR), the Department of Economic Affairs at the Ministry of Finance, and the National Institute for Public Finance and Policy (NIPFP). His research lies at the intersection of economics, law, and public administration.Suyash Rai is a deputy director and fellow at Carnegie India. His research focuses on the political economy of economic reforms, and the performance of public institutions in India. His current research looks at the financial sector, the fiscal system, and the infrastructure sector. Every two weeks, Interpreting India brings you diverse voices from India and around the world to explore the critical questions shaping the nation's future. We delve into how technology, the economy, and foreign policy intertwine to influence India's relationship with the global stage.As a Carnegie India production, hosted by Carnegie scholars, Interpreting India, a Carnegie India production, provides insightful perspectives and cutting-edge by tackling the defining questions that chart India's course through the next decade.Stay tuned for thought-provoking discussions, expert insights, and a deeper understanding of India's place in the world.Don't forget to subscribe, share, and leave a review to join the conversation and be part of Interpreting India's journey.

The Union Budget has announced several changes to the tax regime for Long-term Capital Gains. The most controversial of them is the removal of indexation benefit for the calculation of long-term capital gains (LTCGs), which could have implications for tax obligations in real estate transactions. Many now fear that the tax obligations of ordinary investors will shoot up, that black money will flood into real estate as sellers seek to lower the paper value of the transaction, and that investors will now prefer short-term holdings rather than lobg-term ones. Are these apprehensions valid? What do these taxation changes mean for the middle income investor? How will the real estate market be impacted? Guest: Ravi Saraogi of Samasthiti Advisors, who is also a SEBI-registered investment advisor. Host: G. Sampath, Social Affairs Editor, The Hindu. Edited by Sharmada venkatasubramanian.

As the dust settles on the proposals that the Finance Minister made in the Budget earlier this month, some aspects have become clearer while questions remain on others. Budget 2024-25 saw several initiatives around employment and skilling being proposed. Do these form a good first step in addressing the jobs challenge the country faces? Or should the government have begun addressing the problem at the level of primary school and worked upwards? Guest: Amit Basole, Professor of Economics at Azim Premji University Host: K. Bharat Kumar Edited by Jude Francis Weston

This is the Catchup on 3 Things by The Indian Express and I'm Flora Swain.Today's the 29th of July and here are the headlines.The Delhi Police have arrested five more people in connection with the flooding of the basement of Rau's IAS Study Centre, including the driver of a vehicle who purportedly waded through the waterlogged road and contributed to breaking the gates of the coaching centre where three UPSC aspirants died. The owners of the basement are among the five arrested people, including the coaching centre's CEO, Abhishek Gupta, and coordinator, Deshpal Singh. All the five accused are expected to be produced in court on Monday.Days after three UPSC aspirants died when the basement of their coaching centre flooded in the National Capital, Rajya Sabha chairman allowed a short-term discussion on the matter after the question hour. While the chair did not agree to suspend the proceedings on the House for the discussion, members of the opposition applauded that the chair allowed for the discussion under another rule, adding that they hoped their request for similar discussions on NEET paper leak and Manipur violence will also be allowed.Leader of Opposition in the Lok Sabha Rahul Gandhi on Monday hit out at the Union Budget of 2024-25 on Monday, calling it a ‘chakravyuh' created by the government led by Prime Minister Narendra Modi. The Congress leader said the ‘chakravyuh' that has captured India has three forces — the idea of monopoly capital and concentration of financial power; institutions and agencies such as the CBI, ED and IT department; and the political executive. Gandhi's reference was to the Mahabharat, according to which Abhimanyu was killed in a ‘chakravyuh' — a multi-tiered maze and formation — in which he was trapped. He further said the chakravyuh looks like a lotus (the BJP symbol).Days after some students from Nirmala College in Kerala's Muvattupuzha held protests demanding that they be allotted a room at the college to offer namaz, a prominent body of Islamic scholars have asked the students to desist from making such demands that could “create hatred” Dakshina Kerala Jamiyyathul Ulama general secretary Muhammed Thoufeeq Moulavi called the controversy “unfortunate”. Last Friday, a group of girls at Nirmala College in Muvattupuzha held protests demanding a room to offer their prayers but the college management had turned them down saying they were “free” to offer namaz at a mosque some 200 metres away. Significantly, the college is run by the Catholic Church.A passenger train carrying about 800 parrengers collided with a Kamaz truck, killing at least two and injuring up to 100 people on Monday, Russian media outlets reported, according to Reuters. As per the report, eight carriages were derailed, some of the carriages lay twisted and battered beside the railway track, they said. The train had been travelling from Kazan in Tatarstan to Adler on the Black Sea when it derailed in the southern Volgograd region near the Kotelnikovo station about 1,200 km (750 miles) south of Moscow, the emergencies ministry said.This was the Catchup on 3 Things on The Indian Express.

As the dust settles on the proposals that the Finance Minister made in the Budget earlier this month, some aspects have become clearer while questions remain on others. We will dwell on topics such as: Why did the Minister choose to be less aggressive on the fiscal deficit front than she could have? Why were Andhra Pradesh and Bihar given special consideration when such action was within the purview of the Finance Commission? And what does the changeover from cooperative federalism to competitive federalism mean for the States? Guest: Lekha Chakraborty is a Professor at National Institute of Public Finance and Policy (NIPFP), and Governing Board Member of International Institute of Public Finance, Munich. Host: K. Bharat Kumar Edited by Jude Francis Weston

On Episode 349 of The Core Report, financial journalist Govindraj Ethiraj talks to Dr. Shubadha Rao, founder of QuantEco Research as well as Himanshu Parekh, partner at KPMG in India.SHOW NOTES(00:00) The Take: The Gold Mirage(04:21) Can stock markets hold the bounce back?(06:01) The AI Euphoria, how long will it last?(07:44) Cement industry sees more consolidation as capacity stays far ahead of production(10:20) An economy plus tax forward overview from the Union Budget's proposalsListeners! We await your feedback....To collaborate with our Core Brand Studio contact shiva@thecore.inFor more of our coverage check out thecore.in--Support the Core Report--Join and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube

This is the Catch Up on 3 Things for the Indian Express and I'm Flora Swain.It's the 25th of July and here are today's headlines.Amid heavy rains overnight and persistent downpour, especially in the catchment areas of dams, parts of Pune and Pimpri Chinchwad reported flooding this morning. The India Meteorological Department has issued an ‘orange alert' for the next two days in the city. Four deaths have so far been reported in the rain-related incidents, including three due to electrocution and one due to a rock fall. The city witnessed three landslides and a wall collapse as confirmed by the Police Commission.Meanwhile, due to torrential rains local train services in Mumbai were disrupted, as heavy waterlogging in many places brought traffic to a standstill. The IMD issued a ‘red alert' for Mumbai and the neighbouring districts of Thane and Raigad. SpiceJet, Air India, and IndiGo also announced potential flight disruptions, while schools and colleges were shut.The debate on the Union Budget 2024-25 is underway in both Houses of the Parliament. Congress MP from Jalandhar, Charanjit Singh Channi said there is an undeclared emergency in the country citing the crisis in Manipur, the plight of farmers, rape of Dalit woman in UP. Channi also raised the issue of the depreciation of the Indian rupee's value and questioned the absence of Prime Minister Modi, Home Minister Amit Shah, and Finance Minister Nirmala Sitharaman in the House.Aadhaar-based fingerprint authentication, facial recognition of candidates, and live Artificial Intelligence-based CCTV surveillance are among the measures that the UPSC now plans to introduce to prevent “cheating, fraud, unfair means, and impersonation” during the examinations that it conducts. This comes in the wake of the case of trainee IAS officer Puja Khedkar who is facing a UPSC probe for allegedly “faking her identity” and a row over the NEET UG paper leak case.Typhoon Gaemi made landfall in Taiwan, leaving 22 people dead in the Philippines from flooding and landslides, and three in Taiwan, with more than 220 reported injured. The island has seen persistent flooding in low-lying areas, landslides, and damage to homes and shops. Offices and schools in Taiwan were closed for the second consecutive day today and people were urged to stay home and away from the coastline. The island is regularly hit by typhoons and has boosted its warning systems, but its typography, high population density and high-tech economy make it difficult to avoid losses when such storms hit.This was the Catch-Up on the 3 Things by The Indian Express.

In this episode of Market Minutes, Vaibhavi Ranjan talks about the key factors to watch out for today before the domestic market opens. Market sentiment seems to be sombre after the upsets in the Union Budget. But, despite a four-day decline, the Nifty 50 hasn't fallen much? Is it a sign that investors might be making peace with what the Budget offered? Also, catch Mohit Khanna, Fund Manager at Purnartha One Strategy on the Voice of the Day segment. Market Minutes is a morning podcast that puts the spotlight on hot stocks, key data points, and developing trends.

Yesterday, Finance Minister Nirmala Sitharaman presented the first budget under the third Narendra Modi-led government.Following the announcement, PM Modi stated that the budget would empower every section of society and ensure inclusive growth. He highlighted that Dalit and backward class communities would benefit from the budget's powerful schemes and that women's contributions would be encouraged.However, opposition parties were critical. The Congress labeled it the "Save Modi Government Budget," the Trinamool Congress (TMC) called it "politically biased and anti-poor," and the Samajwadi Party (SP) claimed it overlooked the interests of youth and farmers.But to understand the budget beyond political reactions, and what it actually means for the economy, we are joined today by Indian Express' Udit Misra.Hosted and produced by Shashank BhargavaEdited and mixed by Suresh Pawar

This is the Catch Up on 3 Things for the Indian Express and I'm Flora Swain.It's the 23rd of July and here are today's headlines.Union Finance Minister Nirmala Sitharaman presented the Union Budget in Parliament today. Announcements were made for politically significant states such as Andhra Pradesh and Bihar, which are ruled by major NDA member parties. Rs 15,000 cr have been allocated for the development of Amaravati, the new capital of AP. No packages for Maharashtra or Haryana means the government is not too worried about near-term state elections and its focus is more on the full five years of its term.Meanwhile, Taxpayers falling in the highest tax bracket — those with a taxable income of Rs 15 lakh or more — will save Rs 7,500 on account of enhancement in the standard deduction limit under the NTR. The government has also said mechanisms will be introduced to facilitate the continuation of credit to Micro, Small, and Medium Enterprises (MSMEs) facing stress, in an acknowledgment of the multiple headwinds faced by the sector. Further, to enhance revenue generation, a hike in Long Term Capital Gains tax has been announced, from 10% to 12.5%. The jump in equity investments and profit booking by investors is likely behind the move.Presenting the Union Budget 2024-25, Finance Minister Nirmala Sitharaman on Tuesday announced a reduction in Customs duty on a range of input materials such as critical minerals, electronics, chemicals, and precious metals, among others. The government has focused on streamlining Customs duties to enhance revenue and support domestic manufacturing, she added.The bench comprising Chief Justice of India, DY Chandrachud, Justices JB Pardiwala, and Manoj Misra resumed nearly 40 pleas related to the alleged irregularities on NEET UG. The Supreme Court said the initial statements of some of the accused arrested in the NEET-UG case indicated that a “leak” may have occurred on the night of May 4, on the eve of the exam, but no evidence had been placed before it so far to establish that the breach was widespread, so as to warrant cancellation of the exam. Senior advocate Hooda told the top court that the paper leak took place through WhatsApp so it was impossible that it was confined only to Patna in Bihar.At least 157 people were killed in mudslides in a remote part of Ethiopia that has been hit with heavy rainfall, many of them as they tried to rescue survivors of an earlier mudslide, local authorities said today. Young children and pregnant women were among the victims of the mudslides in the Kencho Shacha Gozdi district of southern Ethiopia, said a local administrator. The death toll rose from 55 late Monday to 157 on Tuesday as search operations continued in the area.This was the Catch-Up on the 3 Things by The Indian Express.

On Episode 346 of The Core Report, financial journalist Govindraj Ethiraj talks to Uday Ved, partner at KNAV & Co.SHOW NOTES(00:31) The Take(07:47) The Stock Markets Seesaw And Settle Down(08:59) Rupee Hits Fresh Record Low(09:43) Takeaways From the Union Budget 2024 with Tax Expert Uday VedListeners! We await your feedback....To collaborate with our Core Brand Studio contact shiva@thecore.inFor more of our coverage check out thecore.in--Support the Core Report--Join and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube

This is the Catch Up on 3 Things for the Indian Express and I'm Flora Swain.It's the 22nd of July and here are today's headlines.Ahead of the Modi 3.0 Budget, Union Finance Minister Nirmala Sitharaman tabled the Economic Survey 2023-24 in the Monsoon Session of Lok Sabha parliament highlighting an 8.2 per cent economic growth estimation in real terms in the financial year consolidating to post-Covid recovery, fiscal and monetary with policymakers. While inflation for specific food items has elevated, the headline inflation is under control with a surplus registered in the last quarter.Speaking of the parliament, a day ahead of the much-awaited Union Budget, the Lok Sabha session kicked off with partisan attacks on Education Minister Dharmendra Pradhan during the ‘Question Hour' rowing over the NEET - UG paper leak case. Congress MP Manickam Tagore and Samajwadi Party chief Akhilesh Yadav criticised Pradhan over the purported paper leak incident, whereas Leader of Opposition Rahul Gandhi claimed that Pradhan will “blame everybody but himself”.Meanwhile, the Supreme Court has resumed the NEET matter hearing today. Senior advocate Hooda told the top court that the paper leak took place through WhatsApp so it was impossible that it was confined only to Patna in Bihar. He said, “Solvers were taken from Rajasthan. Dissemination was through WhatsApp. It is not possible that the leak is confined to Patna.``. He added that if the apex court is “not considering re-NEET, at least qualified people should be asked to retake the exam, which will be about 13 lakh people.”A day after a 14-year-old boy in Malappuram succumbed to the Nipah virus, the Kerala health department confirmed today that he had consumed hog plum fruit from his neighbourhood, where the presence of fruit bats, known as a reservoir of the zoonotic virus, was confirmed. Health minister Veena George, after a review in Malappuram, said the boy's friends have said that he consumed the fruit, known locally as ambazhanga, from the vicinity of his house days before he developed the fever.With President Joe Biden opting out of the US presidential race and endorsing his Vice President as the Democrat's nominee, Kamala Harris praised his extraordinary leadership and has raised $49.6 million for her presidential campaign in less than a day of Biden withdrawing, Reuters reported. Harris said, quote “I am honored to have the President's endorsement and my intention is to earn and win this nomination,” unquote. This was the Catch-Up on the 3 Things by The Indian Express.

In this episode of Market Minutes, Nandita Khemka talks about the key factors to watch out for this week. The BSE Sensex and Nifty 50 shed over a percent on Friday amid profit booking. This week the Union Budget on Tuesday will be the trend decider. Corporate earnings, monthly F&O expiry and US GDP data are some of the other important factors that will be in focus. Also, catch Sahil Kapoor of DSP Mutual Fund in the Voice of the Day segment. Market Minutes is a morning podcast that puts the spotlight on hot stocks, key data points, and developing trends.