Rahul Gandhi to meet delegation of seven farmer leaders today

Rahul Gandhi to meet delegation of seven farmer leaders today

New Delhi: Leader of Opposition in Lok Sabha and Congress leader Rahul Gandhi will meet the delegation of seven farmer leaders on Wednesday, sources said.

The meeting will be held at around 11 am in the Parliament.

According to the sources, the farmer’s leaders will ask Rahul Gandhi to bring a private member bill to fulfil their long-standing demands.

Meanwhile, the Samyukt Kisan Morcha (non-political) and Kisan Mazdoor Morcha leaders announced on Monday that they would burn effigies of the Modi government all over the nation and launch a fresh protest to fulfil their demands for legalising the MSP guarantee.

As part of this protest, they will also stage a “long march” to support the private bills by the opposition.

The announcement came while they were addressing a press conference in Delhi.

INDIA bloc to protest over ‘discrimination’ against Oppn-ruled states in budget

INDIA bloc to protest over ‘discrimination’ against Oppn-ruled states in budget

New Delhi: INDIA bloc parties on Tuesday decided that they will protest in Parliament and outside over “discrimination” against the opposition-ruled states in the Union Budget.

Kharge, Leader of Opposition in the Lok Sabha Rahul Gandhi, Congress’ deputy leader in Rajya Sabha Pramod Tiwari, Congress’ deputy leader in Lok Sabha Gaurav Gogoi, NCP (SCP) chief Sharad Pawar, Shiv Sena (UBT) leader Sanjay Raut, TMC leaders Derek O’Brien and Kalyan Banerjee, DMK’s T R Baalu, JMM’s Mahua Maji, AAP’s Raghav Chadha and Sanjay Singh, and CPI(M)’s John Brittas, among others, attended the meeting.

Congress general secretaries K C Venugopal and Jairam Ramesh were also present in the meeting.

“The concept of a budget has already been destroyed by this year’s Union Budget. They have completely discriminated against most of the states. So general sentiment of the INDIA bloc meeting was we have to protest against this,” Venugopal told reporters after the meeting.

Later, in a post on X, Venugopal said, “The Union Budget presented today was extremely discriminatory and dangerous, which completely goes against the principles of federalism and fairness that the Union Government must follow.”

This future ready budget aims to realize vision of ‘Viksit Bharat’: USAIC

This future ready budget aims to realize vision of ‘Viksit Bharat’: USAIC

Washington: Observing the future ready budget presented by Union Finance Minister Nirmala Sitharaman aims to realize the vision of ‘Viksit Bharat’ by raising spending to generate more jobs and spur economic growth, USA India Chamber of Commerce on Tuesday said it sets the economy on a long-term growth path through upskilling and easing unemployment.

“This bold, future-ready budget aims to realize the vision of Viksit Bharat by raising spending to generate more jobs and spur economic growth. The finance minister has maintained fiscal discipline, with a commendable reduction in the fiscal deficit target to 4.9% of GDP for FY25, down from the 5.1% target in the interim budget. Fiscal discipline is crucial for sustainable economic growth and maintaining investor confidence,” Karun Rishi, president of USA India Chamber of Commerce, told PTI.

According to Rishi, the budget sets the economy on a long-term growth path through upskilling and easing unemployment. Skilled and employable manpower is essential for industrialization, and the government aims to leverage the power of both the private and public sectors to achieve this, he said.

“The abolition of the angel tax is a landmark decision for the start-up ecosystem in India. This was a much-needed course correction. This bold step will foster a more vibrant start-up ecosystem in India, leading to increased innovation, employment generation and competitiveness,” he said in response to a question.

Rishi said the government signaled policy continuity and focus on the infrastructure sector by continuing to allocate 3.4% of GDP. The spending plan was unchanged from the interim budget presented in February before the national elections. The government has doubled spending on infrastructure over the past three years as a way to boost the economy.

Singapore passport world’s most powerful, India’s ranking improves

Singapore passport world’s most powerful, India’s ranking improves

The 2024 Henley Passport Index has revealed that the Singapore passport is the most powerful in the world, granting visa-free access to 195 countries and there is a slight improvement in India’s passport ranking from 84th place in 2023 to the current 82nd rank.

Following closely are France, Germany, Italy, and Spain, which share the second position with access to 192 countries, alongside Japan.

Austria, Finland, Ireland, Luxembourg, Netherlands, South Korea, and Sweden rank third, allowing entry to 191 destinations. The United Kingdom is in fourth place, tied with New Zealand, Norway, Belgium, Denmark, and Switzerland. Australia and Portugal are tied for fifth place, while the United States has dropped to eighth, providing visa-free access to 186 countries.

As per the data from the Henley Passport Index, India’s ranking fell from 71st place in 2006 to the current 82nd rank and has mostly stayed in the early to mid-eighties ranking since 2015. The country’s ranking was at its worst since 2006 in 2021, at 90th place.

The ranking is based on data from the International Air Transport Association (IATA), which maintains the most extensive and precise database of travel information worldwide.

Sensex trades lower amid volatility

Sensex trades lower amid volatility

Mumbai: India’s frontline indices opened in the red on Wednesday as heavyweights like HUL and Bajaj Finance emerged as top losers.

At 9:52 a.m., Sensex was down 280 points or 0.35 per cent, at 80,174 and Nifty was down 72 points or 0.30 per cent.

Buying is seen in the broader market. On the National Stock Exchange (NSE), 1712 shares are in the green and 477 shares are in the red.

Midcap and smallcap stocks are performing better compared to largecaps. Nifty midcap 100 index is up 384 points or 0.68 per cent, at 56,669 and Nifty smallcap 100 index is up 248 points or 1.35 per cent, at 18,649.

Among the sectoral indices, IT, PSU Bank, Fin service, pharma, metal and media are major gainers. Auto and realty are major laggards.

ITC, Titan, Tata Motors, NTPC, Tech Mahindra, Wipro, Kotak Mahindra, Tata Steel, SBI, Asian Paints and ICICI Bank are the top gainers in the Sensex pack. HUL, Bajaj Finance, Nestle, UltraTech Cement, HCL Tech and M&M are the top losers.