Dr Prathap C Reddy, Founder Chairman, Apollo Hospitals Group said, "Caring for the wellbeing of citizens is integral to nation building. India stands tall for putting people first, and this Union Budget, the first in the Amrit Kaal, resonates with this ethos."
Sitharaman noted that the world has recognised the Indian economy as a 'bright star' which is expected to grow in the current year at seven per cent - the highest among all the major economies.
In a blow to cigarette-manufacturing companies like ITC, the government has decided to hike National Calamity Contingent Duty (NCCD) on specified cigarettes by about 16 per cent.
Looking to acquire major weapon systems including fighter aircraft, submarines and tanks, the defence services today got a hike of around 13 per cent in their budget for 2023-24 as Rs 5.94 lakh crore were allocated to them from the Rs 5.25 lakh crore given last year.
The US central bank's policy rate is now in a target range of 4.25-4.50 per cent, the highest level in 15 years, and notably, it was near zero in the early part of 2022.
The two draft ordinances prepared for Rs 100 billion each in taxes and flood levies. Pakistan is also considering discontinuing power subsidies, imposing sales tax on raw materials for exports, as well as, hikes in power, and gas tariffs are also on the agenda.
Despite facing severe foreign exchange shortage and being under economic crisis, the government of Pakistan has ordered a massive hike of 30 per cent in development funds to PKR 90 billion for Parliamentarians, according to Dawn.
British actor Julian Sands, best known for his roles in films like the 1985 drama 'A Room With a View' and the 1989 horror film 'Warlock,' went missing last Friday, January 13. Sands was hiking in the Baldy Bowl hiking area, which is located about 50 miles northeast of Los Angeles.
Pakistan-occupied Kashmir (PoK) is on the verge of food riots as large parts of the region, including Bagh and Muzaffarabad, are facing an unprecedented flour shortage with people holding Islamabad and the PoK government squarely responsible for the acute food shortages.
Due to a surge in price and shortage of wheat flour, a large number of people, including traders and shopkeepers staged protests here, The News reported on Wednesday.