Budget 2024 | Finance Ministry may cut income tax for lower-income individuals, first such move in seven years: Report

Budget 2024 | Finance Ministry may cut income tax for lower-income individuals, first such move in seven years: Report

Union Budget 2024: The Prime Minister Narendra Modi-led government is contemplating measures worth over ₹50,000 crore ($6 billion) to boost consumption in India’s upcoming Union Budget. This includes potential tax cuts for lower income individuals, marking the first such cuts in seven years, sources told Bloomberg. Finance Ministry officials are evaluating proposals to reduce taxes … Read more

Google’s Gemini AI Gaffe: Sundar Pichai should be fired or resign, says investor Samir Arora

Google's Gemini AI Gaffe: Sundar Pichai should be fired or resign, says investor Samir Arora

Google parent Alphabet’s CEO Sundar Pichai is likely to be fired or will resign soon amid the Gemini debacle — as he should, believes Helios Capital founder Samir Arora. Replying to a user on social media site X (formerly Twitter), who asked for Arora’s opinion on the controversies surrounding Google worldwide released AI chatbot Gemini, … Read more

Budget 2024: A shift to better government spending

Budget 2024: A shift to better government spending

In its latest budget presentation, the Narendra Modi-led government reaffirmed its commitment to bolstering capital expenditure (capex) and maintaining fiscal discipline, a strategic stance that has characterized its financial governance in recent years. The budget showcases a significant escalation in capex, which has almost tripled in the past four years, thereby becoming a cornerstone for … Read more

Our track record speaks for us, we don’t need populism: FM Sitharaman

Our track record speaks for us, we don’t need populism: FM Sitharaman

In the course of preparing the budget, you have laid down a roadmap for a developed India. What are the key takeaways you intended for us? This process started before 8 October, when Prime Minister Narendra Modi addressed the nation from Red Fort (on 15 August). We believe ‘Amrit Kaal’ as ‘Kartavya Kaal’ as well. … Read more