Economic Survey and Union Budget 2024: Finance Minister Nirmala Sitharaman is set to announce the government’s Union Budget 2024 next week, on July 23. This is her sixth full Budget and comes after the NDA coalition won majority in the 2024 Lok Sabha Elections which concluded in June. Final stages of preparation for the Budget … Read more
Das started his financial planning journey in 2020, but he was not a first-time investor. “I had made my first mutual fund investment in 2012 and kept making investments here and there, even in some stocks. However, I had to withdraw nearly all my investments in 2016 to cover my wife’s medical emergency and make … Read more
Edited excerpts: What is your assessment of the current market structure? Where is the Indian stock market heading? There are two ways that I would look at the current situation: 1. Versus pre-COVID: The Nifty 50 is currently trading at nearly 22.5 times the trailing 12-month (TTM) price-to-earnings (PE) ratio, compared to 26.5 times (three-year … Read more
Back at home, the first hundred days of the new government are crucial, he said. Besides the infrastructure push, the government has promised solar rooftops for 10 million households. He expects additional initiatives in the green energy sector along with increased focus on the semiconductor space. Edited excerpts: What is your current assessment of the … Read more
Union IT minister Vaishnaw confirmed the meetings, in response to Mint’s queries. Since participating in these meetings, Google and Meta have both published notes on tackling AI-altered content and advertisements on intermediary, search and conversational AI platforms, which include ChatGPT, Facebook, Gemini, Google Search, Instagram, WhatsApp and YouTube, among others. Each of these firms were … Read more
NEW DELHI : The government’s move to amend its 1 March advisory mandating companies developing GenAI- and AI-based tools and features to take explicit government consent before releasing them in the market was welcomed by industry players, as they wouldn’t now need to take any permissions. The amended advisory was issued on 15 March, which … Read more
New Delhi: The textiles ministry hopes to attract investments worth ₹95,000 crore and the expected fund flow will create about 2.25 million new job opportunities in the next 4-6 years, according to a senior government official on Friday. The ministry expects ₹25,000 crore investments under the Production Linked Incentive Scheme (PLI) and another ₹70,000 crore … Read more