• Monday, April 07, 2025

Abolition of angel tax cheers startup investors

INDIAN startup and venture funds on Tuesday cheered the Budget decision on the abolition of angel tax for all investor classes, terming it a "game-changer" that would remove significant barriers in growth and foster a vibrant and dynamic ecosystem. Angel tax refers to the tax that the government imposes on…

Kamala Harris has enough delegates on her side: Reports

KAMALA HARRIS has attracted the support of enough delegates to become the Democratic Party's nominee for president, US media outlets reported on Tuesday. Harris, who is of Indian and African heritage, will campaign in the critical battleground state of Wisconsin on Tuesday for the first time as a presidential candidate.…

India pushes for job creation, skilling in budget

THE INDIAN government will spend $24 billion (£18.58bn) on employment and training, it said Tuesday, as Prime Minister Narendra Modi looks to address uneven economic growth and mollify disgruntled voters after a surprising election setback last month. The funding will be used over five years for a package of five…

Andy Murray to retire after Paris Olympics

FORMER world number one and three-time Grand Slam title winner Andy Murray confirmed on Tuesday that he will retire after the Paris Olympics. "Arrived in Paris for my last ever tennis tournament @Olympics. Competing for Great Britain have been by far the most memorable weeks of my career and I'm…

Commissioner to tackle Covid-era corruption to be appointed

THE LABOUR government on Monday announced it would appoint a "Covid corruption commissioner" to recoup billions of pounds of public money lost to "fraudsters" during the coronavirus pandemic. The previous Conservative administration, in power during the worldwide health crisis, was widely criticised for alleged graft in the awarding of lucrative…

Conservative Party to announce new leader on November 2

THE CONSERVATIVE Party said on Monday it will name its new leader on November 2, following the party's worst-ever election performance this month that prompted former Prime Minister Rishi Sunak to say he would stand down. After 14 years in power, the Conservative party was reduced to a rump of…

Speedy deportation of illegal migrants from safe states: Cooper

THE ASYLUM applications of migrants entering the UK illegally from countries on its designated safe states list, including India, will be fast-tracked to deport them back speedily under new Labour government proposals. UK home secretary Yvette Cooper has said she has begun the work to move staff from the previous…

Payal Kapadia’s film draws full house at Jerusalem film fest

PAYAL KAPADIA'S All We Imagine as Light, which won a Grand Prix at Cannes, drew a packed house at its screening during the 2024 Jerusalem Film Festival (JFF). The festival, which commenced on July 18, also featured Sandhya Suri’s Santosh, previously screened in the Un Certain Regard section of the…

Indian goalkeeper Sreejesh to retire after Paris Olympics

VETERAN goalkeeper and former India hockey captain P R Sreejesh on Monday announced that the Paris Olympics will be his last international outing. The 36-year-old, a veteran of 328 International caps, three Olympic Games, and multiple Commonwealth Games and World Cups, will be playing in his fourth Olympic Games. The…

India’s economic survey pegs GDP growth at 6.5-7 per cent

INDIA'S pre-Budget Economic Survey on Monday set a conservative GDP growth forecast of 6.5 to 7 per cent for the current fiscal as it flagged the need for creating more jobs in the economy and backed more Chinese direct investments to boost exports. The report, which is authored by the…