Pentagon Defends Restrictions on Media Outlets
The purpose of the new rules is to “stop activity that could compromise national security,” the Defense Department said in response to a New York Times lawsuit. Source link
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With eye on FDs, SBI chief seeks tax parity on financial products
Mumbai: A day before the Union Budget, State Bank of India chairman CS Setty has sought a level playing field for tax treatment of all financial products, including fixed deposits. The chairman’s comment came in the wake of bank deposits continuing to lag credit growth as retail savings continue to pour into mutual funds.Responding to…
Budget 2026 glossary explained: From deficit to disinvestment, key terms decoded to understand Budget numbers and policies
The Union Budget comes with a vocabulary that can be confusing even for regular readers. Many terms are technical, and are used repeatedly across Budget documents, tables and debates. The “Budget at a Glance” table presents a consolidated snapshot of the Union Government’s finances for a financial year, showing actuals, Budget Estimates and Revised Estimates…
Donald Trump calls US an ‘economic miracle’, says critics of tariffs ‘were all wrong’
US President Donald Trump has claimed that his sweeping tariff policies have created an “American economic miracle”, dismissing warnings of global fallout and asserting that critics of his trade strategy “were all wrong”.In an opinion piece published in The Wall Street Journal, Trump said the tariffs he imposed on nearly all foreign countries last April…
Budget 2026: Top 5 income tax expectations of salaried, middle class taxpayers
What do salaried taxpayers, middle class, and the common man want from Union Budget 2026? (AI image) Budget 2026 income tax expectations: Like every year, salaried taxpayers, middle class and common man will listen to FM Nirmala Sitharaman’s Union Budget speech in the hope of more tax relief. Last year, FM Sitharaman announced major changes…
Budget 2026: Fiscal deficit, capex, borrowing and debt roadmap among key numbers to track
Finance Minister Nirmala Sitharaman is set to present her record ninth straight Union Budget, with markets closely tracking headline numbers ranging from the fiscal deficit and capital expenditure to borrowing and tax revenue projections, as India charts its course as the world’s fastest-growing major economy.The Budget will be presented in a paperless format, continuing the…
For Hassett, Loyalty to Trump Became a Liability in Fed Race
Kevin A. Hassett had been seen as the front-runner in the Fed race, but his deep ties to the president raised questions about his independence. Source link
How Budget 2026 can improve ease of paying taxes
Improving the ease of doing business has been a consistent focus of the government. Successive Budgets have announced initiatives towards policy and regulatory reforms, decriminalisation and easing compliances in various spheres including taxation. The current financial year witnessed significant measures like structural simplification through the new Income tax law, boosting consumption through tax reliefs for…
The Latest Way to Create an Isolated Retreat: Buy a Whole Village
Wealthy buyers and tourism entrepreneurs are acquiring abandoned European villages — school, church and bar included. Source link
In a first, Union Budget 2026 to be presented on Sunday
India’s Union Budgets over the past eight decades have reflected the country’s evolving aspirations and economic journey. The upcoming Union Budget for 2026–27, to be presented on February 1, marks several firsts and milestones in that long tradition.With just a day to go, the country is gearing up for the financial statement that will be…