Finance Minister Nirmala Sitharaman on Tuesday announced abolishing angel tax for all classes of investors in startups.

Union Budget 2024: Angel Tax abolished

India is positioning itself as a potential export hub for sustainable aviation fuel (SAF), leveraging surplus ethanol capacity and lower carbon intensity compared to rivals like Brazil, according to Sameer Sinha, CEO (Sugar Business) of Triveni Engineering and Industries Ltd.
In an interview with PTI, Sinha outlined India's competitive advantages in the emerging SAF market. The earliest alcohol-to-jet SAF plants could become operational by 2029, he projected, assuming policy clarity emerges by the end of the current financial year. Until then, India will rely on limited SAF production from used cooking oil for 1-2 per cent blending.
"India has very significant potential to emerge as an export hub for Sustainable Aviation Fuel. We can start exporting on the East Coast to Southeast Asian countries, where Singapore is a major aviation hub. Similarly, on the West Coast to countries like Dubai," said Sinha.
Triveni is among 2-3 Indian companies exploring SAF production facilities, though

Triveni is among 2-3 Indian companies exploring SAF production facilities, though no formal board proposals have been submitted yet

Press Trust of India

Indian Farmers Fertiliser Cooperative Ltd (IFFCO) Managing Director K J Patel has projected a 10 per cent net profit growth for FY26, even as the cooperative grapples with sluggish domestic adoption of its flagship nano fertilisers and intensifies farmer training programmes to unlock their potential.
In an interview to PTI, Patel, a four-decade IFFCO veteran who recently took over from U S Awasthi after his 32-year tenure, outlined a holistic strategy centred on the cooperative's "crown jewel"- its enduring bond with 36,000 cooperatives and over 5 crore farmers.
"Our motto is to make sure that fertilisers are manufactured and they are also delivered to farmers with enough explanation how to use them, when to use them," said Patel, emphasising soil-specific guidance and quality seed advice aligned with Prime Minister Narendra Modi's goal of doubling farmers' income.
Four years after launch, nano fertilisers- touted as eco-friendly alternatives to chemical inputs - remain IFFCO's most

K J Patel, a four-decade IFFCO veteran who recently took over from U S Awasthi after his 32-year tenure, outlined a holistic strategy

From YouTube CEO Neal Mohan to Bill Gates, top tech leaders are limiting their children's screen time as studies link social media to teen anxiety and governments move towards age bans

Business Standard

But for many industry experts, the real story was that the technical gap between OpenAI's so-called foundational AI model and everyone else had become practically nonexistent

The Commission for Air Quality Management (CAQM) has directed Delhi and NCR state governments to ensure the immediate suspension of all outdoor physical sports activities, warning that continued conduct of such events amid poor air quality poses a "serious health risk to children".
In a letter to the chief secretaries of Delhi, Haryana, Rajasthan and Uttar Pradesh on Saturday, the Commission said it was concerned that "some schools and institutions in Delhi-NCR were still holding outdoor sports activities" despite earlier directions issued in line with a Supreme Court order dated November 19.
The CAQM said continuation of outdoor physical activities during periods of adverse air quality is "contrary to the spirit and intent of the apex court's observations and the Commission's instructions".
The Commission had in a letter dated November 19 called for the "postponement of physical sports competitions scheduled during November and December".
It directed the NCR state governments and 

CAQM said continuation of outdoor physical activities during periods of adverse air quality is "contrary to the spirit and intent of the apex court's observations and the Commission's instructions

A court here on Sunday sent Satadru Datta, the chief organiser of the Lionel Messi football event at Salt Lake stadium where chaos erupted a day ago, to 14-day police custody, an officer said.
Datta was arrested by the Bidhannagar Police on Saturday for mismanagement of the event from the Kolkata airport, where he had gone to see off Messi and his entourage on their way to Hyderabad.
The counsel, appearing for Datta, told the court that his client was being "victimised and framed", the officer said.
"We expect that the police investigation in the next 14 days will bring clarity," Datta's lawyer said.
BJP supporters held a protest outside the court when Datta was taken there.
What was supposed to be a marquee football spectacle turned into widespread violence and disorder at the stadium after Messi's brief and tightly ring-fenced appearance, his first at the venue since 2011, left large sections of the crowd frustrated.
They failed to catch a glimpse of their superstar despite hav

Datta was arrested by the Bidhannagar Police on Saturday for mismanagement of the event from the Kolkata airport

ICEGATE enables e-filing and customs payments by traders; RMS automates risk-based scrutiny; and ICES handles backend assessment and clearance workflows at Customs locations

Healthcare industry body NATHEALTH has asked the government to increase public spending on healthcare to over 2.5 per cent of GDP with urgent action to tackle non-communicable diseases, including tax deductions of up to Rs 10,000 on individuals for preventive health check-ups.
In its pre-Budget recommendations to the government, NATHEALTH said it outlined a roadmap to strengthen healthcare delivery, foster innovation, and expand insurance and preventive coverage.
The recommendations call for a balanced mix of fiscal support, structural reforms, and public-private collaboration to build a robust, future-ready health system, it said in a statement.
In its recommendations, NATHEALTH asked the sector to be declared 'core infrastructure' and create a healthcare infrastructure fund of Rs 50,000 crore, saying currently there is limited access to long-term, lower-cost capital for hospitals and diagnostic networks.
New projects have long gestational periods requiring flexible mid-term ...

In its pre-Budget recommendations to the government, NATHEALTH said it outlined a roadmap to strengthen healthcare delivery, foster innovation, and expand insurance and preventive coverage

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Union Budget 2024: Angel Tax abolished

Finance Minister Nirmala Sitharaman on Tuesday announced abolishing angel tax for all classes of investors in startups.

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