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  • Business Today1 min letti
    The Vande Bharat Impact
    JUMP IN INVESTMENTS IN MODERN COACHES WITH BETTER AMENITIES AND SAFETY FEATURES VANDE BHARAT BRAND TO BE PRESENT ACROSS SEGMENTS—CHAIR CAR, SLEEPER, METRO, AND BULLET VANDE BHARAT IS SET TO REPLACE ALL RAJDHANI TRAINS IN THE FUTURE IT HAS PUSHED RAIL
    Business Today1 min letti
    Fiscal Foresight
    INDIA’S FISCAL DEFICIT HAS DECLINED OVER THE PAST THREE YEARS, ALLOWING THE GOVERNMENT TO CREATE ASSETS RE REVISED ESTIMATES BE BUDGET ESTIMATES SOURCE CMIE ECONOMIC OUTLOOK, BUDGET DOCUMENTS TOTAL BUDGETARY ALLOCATIONS FOR CAPEX IN THE PAST FIVE FIN
    Business Today4 min letti
    A 10-lane Expressway for Viksit Bharat
    KUDOS TO Finance Minister Nirmala Sitharaman for formulating a well-balanced and comprehensive strategy for India’s development and economic growth based on the strong pillar of fiscal consolidation. The fiscal deficit target for 2024-25 has been set
    Business Today5 min lettiSecurity
    Revolutionizing Banking Technology: Nucleus Software's Legacy of Innovative Excellence Three Decades of Trust, Vision, and Innovation
    Imagine a company that started its journey in a small garage office in Delhi with a bold vision of making financial services access easy and enriching worldwide in the late 1980s and, over the next thirty plus years, grew to become a global leader in
    Business Today1 min letti
    The Numbers Story
    TOTAL SIZE OF THE BUDGET PROVISION FOR EDUCATION, EMPLOYMENT AND SKILLING IN FY25 PROVISION FOR AGRICULTURE AND ALLIED SECTORS IN FY25 TARGET FROM MISCELLANEOUS CAPITAL RECEIPTS, LARGELY DISINVESTMENT PROCEEDS EARMARKED FOR SUBSIDIES INCLUDING FOOD,
    Business Today3 min letti
    A Sustainable Growth Path
    INDIA IS ON an exciting journey towards achieving the vision of ‘Viksit Bharat’ which focusses on inclusive and sustainable growth. This initiative aligns with the current socio-economic agenda, emphasising key areas like employment, rural developmen
    Business Today1 min letti
    Concrete Success
    1 Holcim entered India in 2005 through the acquisitions of Ambuja and ACC, making it the largest player, followed by UltraTech Cement 2 Lafarge and Holcim merged globally. The restructuring slowed down Holcim in India, leading to limited organic grow
    Business Today11 min letti
    ‘‘We Have Kept Our Word On Fiscal Consolidation”
    Finance Minister Nirmala Sitharaman recently presented her seventh Union Budget. This was the first Budget of the third term of the Prime Minister Narendra Modi-led NDA government and people were looking for cues to the dispensation’s fiscal road map
    Business Today2 min letti
    ‘‘Quality Ensures Loyalty’’
    What was the problem you were grappling with? Although our family had been a part of the industry for decades, I joined the business as a young entrepreneur with significant responsibility and even bigger dreams. My real learning ground was the time
    Business Today1 min letti
    On A Firm Footing
    • India is seen to grow at over 7% this fiscal • The Economic Survey has pegged GDP growth at 6.5-7% in FY25, Budget expects nominal GDP growth at 10.5% NOTE *6.5-7% SOURCE BUDGET PAPERS, MINISTRY OF FINANCE • Union Budget pegs fiscal deficit at 4.9%
    Business Today1 min letti
    The Budget Blueprint
    Union Budget focusses on employment, skilling, MSMEs, and the middle class Underlines commitment to fiscal consolidation, lowering debt to GDP ratio Announces special schemes and assistance for Andhra Pradesh and Bihar Pedal on capital expenditure, r
    Business Today3 min letti
    Silver Lining
    THE JUNE 2024 (Q1FY25) quarter results of information technology (IT) majors, which have been going through a rough patch in recent times, indicate no major change in the demand environment amid the ongoing macro uncertainties. However, there are som
    Business Today8 min letti
    Full Throttle
    ON A SUNNY AFTERNOON in March 2017, Sudhanshu Mani—then General Manager at the Integral Coach Factory (ICF) in Chennai—received a call informing him that the Railway Board was turning down the ICF’s proposal to manufacture indigenous semi-high-speed
    Business Today1 min letti
    Focus On Infra
    ₹11.1 lakh crore capex allocation for infrastructure in Financial Year 2024-25 2.66 lakh crore ₹₹for rural development, including rural infrastructure Market-based financing framework to attract private investment Allocations for highways, railways a
    Business Today2 min letti
    Classroom Companions
    Sometimes you need an oasis of peace on a noisy campus to concentrate. For those occasions, get this pair of noise-cancelling headphones from Sony. Besides cutting out the din, the pair is comfortable to wear for hours because of its ergonomic design
    Business Today4 min letti
    Budget Boost
    FINANCE MINISTER NIRMALA Sitharaman made history on July 23 by presenting her seventh consecutive Budget, where she spoke about the vision of ‘Viksit Bharat’. With that, the government’s continued push for infrastructure was made clear in the Budget.
    Business Today1 min letti
    Major Schemes
    • Revenue expenditure increased by 6.2% to ₹37.09 lakh crore in FY25 BE over FY24 BE • Part of RBI dividend has been used to announce new schemes on employment, increase allocation for others SOURCE BUDGET DOCUMENTS, CAREEDGE RATINGS
    Business Today2 min letti
    The Cement Chase
    With the Narendra Modi-led NDA government’s sharp focus on infrastructure creation, one of the sectors being keenly watched is cement. Some years ago, India’s cement industry was fragmented, barring a few large players. Then, in 2005, Swiss cement ma
    Business Today9 min letti
    Prudent Populism
    ALL EYES WERE on the Union Budget in July 2024, that came just six weeks after the General Elections. Voters, businesses, political parties, and those looking to invest in India—everyone wanted to assess what it would indicate about the NDA governmen
    Business Today3 min letti
    Accelerating the Ease of Doing Business
    THE UNION BUDGET 2024-25 showcases the government’s commitment to creating an investor-friendly environment by simplifying regulations, enhancing transparency, reducing entry barriers, and streamlining operations to drive economic growth. The Budget
    Business Today3 min lettiSecurity
    Blue Chaos
    ON JULY 19, 2024, the world witnessed an unexpected and widespread technological disruption. A routine software update from cybersecurity firm Crowd-Strike triggered a significant global IT outage, affecting approximately 8.5 million Windows devices.
    Business Today1 min letti
    Business Today
    Chairman & Editor-in-Chief: Aroon Purie Vice Chairperson & Executive Editor-in-Chief: Kalli Purie Group Chief Executive Officer: Dinesh Bhatia Executive Director: Rahul Kanwal Chief Operating Officer: Alok Nair Editor: Sourav Majumdar Group Creative
    Business Today1 min letti
    Tax Breather
    The Union Budget 2024-25 abolishes angel tax, and withdraws 2% equalisation levy It hikes standard deduction, rejigs slabs for the new income tax regime Plans afoot to review Income Tax Act, 1961 Simplifies capital gains regime, hikes STT on F&O trad
    Business Today1 min letti
    Operational Timeline
    APPROVAL OF VANDE BHARAT COACHES FIRST SUCCESSFUL TRIALS AT SPEEDS OF 183 KMPH LAUNCH OF FIRST VANDE BHARAT TRAIN ON DELHI-VARANASI ROUTE PM ANNOUNCES 75 SERVICES DURING ‘AMRIT MAHOTSAV’ FOUR VANDE BHARAT TRAINS LAUNCHED AFTER 2019 51 VANDE BHARAT TR
    Business Today3 min letti
    Charging Ahead
    “PEOPLE REMEMBER HOW Maruti [Suzuki India] grew after its IPO (initial public offering), so we wanted to bring that for the public investors, to be part of our journey if they wish to,” Bhavish Aggarwal, Founder of Ola Electric Mobility, said in a re
    Business Today1 min lettiInvestments & Securities
    New Proposal
    New asset class may give higher-risk investors access to regulated opportunities without the high minimum thresholds of PMS and AIFs Such investment options can be complex and may require substantial investor education to grasp the risks and benefits
    Business Today3 min letti
    The Middle Path
    CAPITAL MARKETS REGULATOR Securities and Exchange Board of India (Sebi), in its quest to fill the gap between mutual funds (MFs) and portfolio management services (PMS), has put out a consultation paper aimed at creating a new asset class. With a min
    Business Today3 min lettiSecurity
    DIGITISATION OF ADANI AIRPORTS TO ENHANCE OPERATIONAL EFFICIENCY, CUSTOMER EXPERIENCE & SUSTAINABILITY
    AAHL is one of the largest airport operators in India, with a portfolio of seven airports across the country. The eighth one will be operational by mid next year. Investment in digitisation is a strategic and visionary move that can help the company
    Business Today4 min letti
    Medium-term Growth in Focus
    THE 2024-25 UNION Budget adheres to the fiscal reform path established during 2014-15 to 2023-24 which included amendment to the Fiscal Responsibility and Budget Management (FRBM) Act in 2018, steady reduction in major subsidies relative to GDP, dire
    Business Today4 min letti
    Tea-Tails
    In early April, Kolkata-based cocktail bar AMPM organised a Spring Tea Trail aimed at showcasing the rich cultural heritage of the Himalayan region around North Bengal and crafting a foraging experience to curate a cocktail event at 4,800 ft above se

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