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With global banks, broker-dealers and capital markets players weighing India as an offshore financial base, Deloitte has urged the government to use Budget 2026 to have parity rulesa among players, remove tax asymmetries and compliance frictions that are limiting the scale-up of IFSC GIFT City as a full-service international BFSI hub.According to Deloitte, the International…
Realtors’ apex body CREDAI has urged the government to launch a National Rental Housing Mission in the upcoming Union Budget, proposing fiscal incentives for developers and tax relief for tenants to boost the underdeveloped organised rental housing market.In its Budget wishlist, CREDAI said rapid urbanisation and rising migrant inflows have sharply increased demand for rental…
US President Donald Trump on Wednesday addressed the World Economic Forum (WEF) at Davos in Switzerland, pitching the American growth story and calling it a miracle. Praising his administration, Trump spoke of how he believes the US has gone from being a ‘dead economy’ to the ‘hottest’ in the world in a year.“Today, after 12…
File photo of Nitin Gadkari NEW DELHI: Union minister Nitin Gadkari on Sunday made a strong pitch for generational transition in leadership, suggesting that the older generation should step aside once systems begin to function smoothly and allow younger people to take charge.Addressing a press conference in Nagpur ahead of the Advantage Vidarbha–Khasdar Audhyogik Mahotsav,…
World Economic Forum 2026 (Picture credit: AP) From a new address in Davos, once occupied by the iconic Piano Bar, Team India has sent out a clear message ahead of the World Economic Forum (WEF) Annual Meeting — partner with Bharat and subscribe to the future.The India Pavilion on the snow-laden main promenade of the…
The Indian Biogas Association (IBA) has proposed the creation of a Rs 10,000 crore fund to provide capital subsidy to the biogas industry in the Union Budget 2026, calling for higher fiscal support to accelerate investment, improve project viability and scale up green energy adoption, PTI reported.In its Budget recommendations, the industry body urged the…
Industry body Confederation of Indian Industry (CII) has called for a faster, demand-driven privatisation strategy for public sector enterprises (PSEs) in the Union Budget 2026-27, urging the government to adopt a predictable roadmap to unlock value from disinvestment and mobilise resources for capital expenditure amid global economic uncertainties.In its Budget proposals, CII suggested an accelerated…
The Confederation of Indian Industry (CII) suggested a four-fold privatisation process in their recommendations on the Union Budget 2026-27. They called for faster and more predictable disinvestment. The industry body claimed that a calibrated privatisation approach would help sustain capital expenditure and fund development priorities, particularly in sectors where private participation can improve efficiency, technology…
NEW DELHI: Janshakti Janta Dal chief Tej Pratap Yadav has called for former Bihar chief minister Lalu Prasad Yadav to be awarded the Bharat Ratna along with Nitish Kumar.Speaking to reporters on Saturday, Tej Pratap Yadav said, “Lalu Prasad Yadav should also be awarded the Bharat Ratna. If people are saying that Nitish Kumar should…
Industry body PHDCCI has suggested that the government set up a dedicated Green Bank or Climate Finance Facility in the upcoming Union Budget to help channel private capital into green technologies such as renewable energy, energy efficiency and electric vehicles, PTI reported.The proposal was made during a pre-Budget interactive session with representatives from the banking,…
