THEBUSINESSBYTES BUREAU BHUBANESWAR, APRIL 14 In a vibrant celebration of Odisha’s rich cultural heritage, President Droupadi Murmu on Monday led the nation in extending warm greetings on the occasion of Pana Sankranti, also known as Maha Vishuba Sankranti — the traditional Odia New Year. Taking to social media platform X, President Murmu shared a heartfelt message: “On the occasion of ...

THEBUSINESSBYTES BUREAU NEW DELHI, APRIL 3, 2025 In a marginal yet symbolic move, the United States has revised the additional import tariff on Indian goods from 27 per cent to 26 per cent, as per a latest update from the White House. The revised duty will be effective from April 9, 2025. The announcement comes as part of a broader ...

THEBUSINESSBYTES BUREAU NEW DELHI, APRIL 2, 2025 The Government e-Marketplace (GeM) has achieved a major milestone by enabling the hiring of over 1 million manpower resources for government organizations in the fiscal year 2024-25. This milestone reinforces GeM’s role in revolutionizing public procurement through enhanced transparency, compliance, and efficiency. GeM’s manpower outsourcing service offers a streamlined solution for government buyers, ...

OUR SPECIAL CORRESPONDENT NEW DELHI, MARCH 30, 2025 On the sacred occasion of Chaitra Navratri, which commenced on Sunday, the revered Mata Vaishno Devi shrine in Katra, Jammu, has been magnificently adorned with flowers in the divine form of ‘Maa Gouri.’ This celestial floral decoration has transformed the holy sanctum into a radiant abode of devotion, enveloping devotees in a ...

THEBUSINESSBYTES BUREAU NEW DELHI, MARCH 28, 2025 The Centre’s fiscal deficit stood at 85.8 per cent of the annual target by the end of February 2025, as per the latest data released by the Controller General of Accounts (CGA) on Friday.   In absolute terms, the fiscal deficit — the shortfall between expenditure and revenue — was ₹13.46 lakh crore ...

THEBUSINESSBYTES BUREAU NEW DELHI, MARCH 27, 2025 In a landmark move to strengthen India’s energy security, the government has set an ambitious target of generating 100 gigawatts (GW) of nuclear energy by 2047. Union Minister of State (Independent Charge) for Science and Technology Jitendra Singh announced this in the Rajya Sabha on Thursday, highlighting that nuclear power is expected to ...

THEBUSINESSBYTES BUREAU NEW DELHI, MARCH 27, 2025 Union Finance Minister Nirmala Sitharaman met with US Chamber of Commerce President and CEO Suzanne Clark on Thursday to discuss the expanding business ties between India and the United States. The meeting, held in New Delhi, also included Atul Keshap, President of the US-India Business Council (USIBC). During the discussions, Sitharaman expressed India’s ...

THEBUSINESSBYTES BUREAU NEW DELHI, MARCH 27, 2025 The Government of India will raise Rs 8 lakh crore from the bond market in the first half of the upcoming financial year (April-September 2025), constituting 54% of its total annual market borrowing of Rs 14.82 lakh crore, as outlined in the Union Budget 2025-26. The Finance Ministry announced this borrowing plan on ...

THEBUSINESSBYTES BUREAU NEW DELHI, MARCH 26, 2025 Raising concerns over the growing health risks associated with ultra-processed foods (UPFs) and refined seed oils, BJP Member of Parliament Naveen Jindal on Wednesday urged the government to implement stricter food labelling laws and stronger regulatory measures. Speaking in Parliament, Jindal highlighted the rising cases of heart disease, diabetes, and obesity, which he ...

THEBUSINESSBYTES BUREAU NEW DELHI, MARCH 25, 2025 The much-anticipated Income Tax Bill, 2025, aimed at replacing the six-decade-old Income Tax Act, 1961, will be taken up for discussion in the Monsoon session of Parliament, Finance Minister Nirmala Sitharaman announced in the Lok Sabha on Tuesday. The proposed Bill seeks to simplify direct tax laws, eliminate ambiguities, and reduce tax disputes ...