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India's swelling urban middle class has been the engine of its growth for far longer than government capex has

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Stocks to Watch, Dec 5, 2024: Here is a list of stocks that will be in the limelight today

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President Droupadi Murmu on Monday said efforts should be made to make tax collection less intrusive and underlined the need for greater use of technology in the process.
Addressing trainee officers of the Indian Revenue Service (Customs and Indirect Taxes), who called on her at the Rashtrapati Bhavan here, the President said the responsibility of bringing new ideas and solutions in the field of tax administration lies with the young officers.
Taxation is not only a means of increasing the country's revenue but is also important for social, economic and political development. The tax paid by the citizens of the country is used for the development of the country and its people, Murmu said.
She told the trainee officers that if they do their work with dedication and devotion, then they will be able to make a great contribution to the development of the country, according to a statement issued by the Rashtrapati Bhavan.
"In this new and dynamic era, efforts should be made to make less

Droupadi Murmu, Murmu, President

The Supreme Court on Monday refused to relax emergency measures under Stage 4 of the Graded Response Action Plan (GRAP) dealing with air pollution in the national capital till it noticed a downward trend in the AQI level.
A bench of Justices Abhay S Oka and Augustine George Masih further sought the presence of the chief secretaries of NCR states to appear through video-conferencing to inform it whether or not any compensation was paid to the construction workers who were without work owing to the restrictions.
Notably, there has to be a downward trend before the Supreme Court relaxes GRAP 4 restrictions.
The bench said the chief secretaries of NCR states including Delhi, Haryana, UP and Rajasthan will have to appear through video-conferencing at 3.30pm on December 5.
"There is hardly any implementation of stage 4 of GRAP to deal with air pollution in the national capital, remarked the bench, questioning the Delhi government on the number of officers deployed by it to implement the 

Supreme Court, SC

Finance Minister Nirmala Sitharaman on Monday said the cost of insurance to the policy holder is expected to come down if the GST Council recommends a reduction in GST rate on health and life insurance policies.
In a written reply in the Lok Sabha, she said the GST Council in its September 9 meeting had recommended to constitute a Group of Ministers (GoM) to holistically look into the issues pertaining to GST on life insurance and health insurance.
"...The matter of review of GST rates on life and health insurance is pending before the GoM. If a recommendation for a reduction in GST rate is made by the GST Council, the cost of insurance to the policy holder is expected to come down on account of reduction in GST," she said.
Sitharaman said this while replying to the question on whether GST reduction on health insurance will be a step towards making healthcare more equitable.
To a query on how the government will ensure that insurance companies pass on the benefits of any GST reduct

Nirmala Sitharaman, Nirmala

The airline rankings methodology takes into account customer claims processed worldwide, as well as outside data tracking on-time arrival and departure performance for every plane

indigo airlines, indigo

"The GoM on rate rationalisation has completed its report, which proposes major adjustments to tax rates on 148 items, with a particular focus on the textile industry"

The Group of Ministers (GoM) on Goods and Services Tax (GST) rate rationalisation, led by Deputy Chief Minister of Bihar Samrat Chaudhary, on Monday recommended a new slab of 35 per cent for tobacco, tobacco products and aerated drinks, according to

The statue is located near the Kashmiri Gate in Delhi, where Nicholson died during the 1857 rebellion

John Nicholson

Eleven MLAs, including six from JMM, were sworn in as ministers in the Hemant Soren government in Jharkhand on Thursday.
Governor Santosh Kumar Gangwar administered the oath to the ministers at Ashok Udyan of the Raj Bhavan here.
The six JMM legislators, who took oath as ministers, are Sudivya Kumar, Deepak Birua, Ramdas Soren, Chamra Linda, Yogendra Prasad and Hafijul Hasan.
Congress MLAs Deepika Pandey Singh, Shilpi Neha Tirkey, Irfan Ansari and Radhakrishna Kishore were sworn in as ministers, while RJD's Sanjay Prasad Yadav also found a berth.
JMM leader Hemant Soren took oath as the chief minister on November 28.
Six new faces have been inducted into the Hemant Soren government, while Deepika Pandey Singh, Irfan Ansari, Deepak Birua and Ramdas Soren have got ministerial positions for the second time and Hafizul Hasan for the third.
The swearing-in ceremony began with Stephen Marandi taking oath as the pro-tem speaker of the assembly.
Marandi, a senior JMM MLA, was appointed 

Hemant Soren, Hemant, Santosh Gangwar

Uttar Pradesh Chief Minister Yogi Adityanath on Thursday accused the Opposition parties of trying to divide society, saying what Mughal ruler Babur's army did in Ayodhya and Sambhal is what is happening in Bangladesh.
The chief minister, who was in the temple town for the inauguration of the 43rd Ramayan Mela, said Lord Ram united the whole society.
"Had we given importance to unity and not let the strategy of nation's enemies succeed in creating social animosity, this country would have never become a slave. Our pilgrimages would not have become impure. A handful of invaders would not have dared to invade us and and would be crushed by India's brave soldiers," Adityanath said.
"But those creating obstacles within the society were able to succeed. Their genes remain the same even today. Those who indulge in caste-based politics to shatter the social fabric are still active," the CM said.
"... 500 years ago, a general of Babur committed certain deeds in Ayodhya, similar acts in ...

Yogi Adityanath, yogi, UP CM

Shiv Sena leader Uday Samant on Thursday said no MLA from the party will accept any responsibility in the new Maharashtra government if Eknath Shinde does not take oath as deputy chief minister.
Talking to reporters hours ahead of the swearing-in ceremony, Samant also said no MLA from the Shiv Sena has the intention to become deputy CM and the post should be occupied only by Shinde.
Shiv Sena head Eknath Shinde, who served as chief minister in the outgoing government, has indicated that he is reluctant to join the new government as deputy CM.
BJP legislature party leader Devendra Fadnavis will be sworn-in as the new chief minister of Maharashtra on Thursday evening at a grand ceremony here to be attended by Prime Minister Narendra Modi.
Fadnavis would be taking oath along with two deputy chief ministers, BJP leader Sudhir Mungantiwar told reporters earlier in the day.
"If Eknath Shinde does not accept the deputy CM's post, no MLA from Shiv Sena will accept any responsibility in th

Eknath Shinde, Eknath, Maharashtra CM

The rating agency's arm said that India's recent consumer price inflation at around 5 per cent was without clear evidence of a trend towards slowing price pressures

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said

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Jharkhand Cabinet expansion: 11 MLAs from JMM, Cong, RJD become ministers

UP CM Adityanath slams Opposition parties for trying to divide society

No Sena MLA to be in new govt if Shinde doesn't become dy CM: Party leader

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