The main opposition Congress has declared that it will reach out to like-minded parties to raise issues such as farm distress, Chinese "incursions", demand for relief package for COVID-19 victims, sale of Air India and the Pegasus snooping row during the session.
Nirmala Sitharaman on February 1, 2021 presented what she called was 'once-in-a-century budget' as it looked to revive Asia's third-largest economy via investing in infrastructure and healthcare while relying on an aggressive privatisation strategy and robust tax collections.
Various brokerage houses internationally have anticipated that there could be as many as 4-5 rate hikes in 2022.
While Indian corporates are expecting some key announcements which will enable them to reset their growth agenda, individual taxpayers are expecting some more disposable income in their hands to invest and consume more.
The fintech industry and experts have urged Finance Minister Nirmala Sitharaman to lower the TDS rates, saying such a move would free the capital for the sector without any impact on the government's revenue.
Earlier this month, Power and New & Renewable Energy Minister RK Singh had indicated that a green hydrogen policy will be unveiled in Feb which would feature many incentives to boost green hydrogen in the country.
The Union Budget is expected to focus on employment generation, increase in limits for basic tax exemption, standard deduction, medical expenses, rationalisation of tax rates and certain social security investments.
Facing a controversy over its Co-founder and Managing Director Ashneer Grover, fintech platform BharatPe on Saturday said it has not terminated the services of any employee (including Grover) at this stage.
As per the statement, of the rules of procedure and conduct of business lists the members of Rajya Sabha should "acknowledge their responsibility to maintain the public trust reposed in them and should work diligently to discharge their mandate for the common good of the people."
"We are on course to becoming among the fastest-growing economies of the world, but there is far to go," Dy Governor Michael D Patra said.
The port offers 26 berths and two single-point moorings with an annual capacity to handle 248.82 MMT cargo with dedicated terminals for different cargo and commodity types.
Starting off on a high note, the 30-share index soared to trade briefly above the key 58,000-level in afternoon trade, before plunging to a low of 57,119.28. After fighting bouts of volatility towards the fag-end of the session, the index finally closed 76.71 points or 0.13 per cent lower at 57,200.23.
The Supreme Court on Friday asked SpiceJet to try settling with Credit Suisse as it stayed the Madras HC order asking the airline to wind up its operations.
Out of the total investment, USD 300 million will go towards implementing commercial agreements, which will include investments in scaling Airtel's offerings that covers a range of devices to consumers via innovative affordability programs as well as other offerings aimed at accelerating access and digital inclusion across India's digital ecosystem.
Finance Minister Nirmala Sitharaman will present the Union Budget 2022-23 in a paperless form for the second time on February 1. Earlier, the Union Budget of 2021-22 was delivered in paperless form for the first time.
The 30-share BSE index ended 581.21 points or 1.00 per cent lower at 57,276.94. Similarly, the broader NSE Nifty plunged 167.80 points or 0.97 per cent to 17,110.15.
Tata Group, which won the bid to acquire the national carrier along with Air India Express and 50 per cent stake in AISATS in October last year, is expected to formally takeover the airline on Thursday.
The public issue, comprising fresh equity shares, will open for subscription on January 27 and close on January 31.Price band is Rs 218-230 per share.
Maharaja is the official mascot of Air India which operates globally apart from domestic operations. According to the available data in 2020, "Air India operates around 101 destinations including 57 domestic operations including 33 countries on four continents around the world."
FGIICL is a joint venture between Future Enterprises and Generali Participations Netherlands NV (Generali).
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