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News Reel

News Reel

More Than 1,800 killed In Quakes Measuring 7.8 In Richter Scale

Feb 07, 2023

Turkey and Syria faced the brunt of a series of massive earthquakes today, ranging from 7.5 to 7.8 on the Richter scale. The quakes have killed more than 1,800 people in the neighbouring countries. Several buildings have been knocked down and hundreds are still trapped under the rubble. India is sending two NDRF teams to the affected areas.

Congress Ups The Ante Over The Hindenburg Research Report

Feb 07, 2023

The week has begun with the Congress upping the ante over the Hindenburg research report... holding nationwide protests at SEBI and LIC offices. From Jammu to Chennai, Delhi to Thiruvananthapuram, Congress workers staged massive protests demanding answers from the govt. In Parliament, it was another washout day as the opposition refused to let the house function- reiterating their demand for a discussion on Adani, and nothing else. Opposition leaders also gathered outside Parliament, raising slogans against the govt. The opposition remains steadfast in their demand for answers from the govt on the Adani storm and the stage is set for another washout week in Parliament.

Shashi Tharoor Condoles Musharraf’s Demise, Calls Him ‘Foe-Turned-Real Force For Peace’

Feb 07, 2023

The villain of Kargil is dead. But the death of Pervez Musharraf was instrumental in torturing of many Indian soldiers and mutilating their bodies... Has sparked a political slugfest. Congress leader and former Minister of State for External Affairs... Shashi Tharoor condoled the death of Pakistan's former president General Pervez Musharraf. Calling him a former enemy of India turned into a real force of peace between 2002 and 2007. Union minister Rajeev Chandrashekhar slammed Tharoor for lauding Musharraf. Saying Tharoor who refused to celebrate Kargil Vijay Diwas... is heaping praise on Musharraf who butchered Indian soldiers. Calling it the true face of Congress.

PM Modi Inaugurates Asia's Largest Helicopter Facility

Feb 07, 2023

Prime Minister Narendra Modi has unveiled Asia’s largest helicopter manufacturing facility in Karnataka that will initially produce Light Utility Helicopters (LUHs) for the Indian Army and Indian Air Force. This facility will be operated by Hindustan Aeronautics Limited, govt owned aviation giant from India, who will be making choppers here. The first chopper to be made in this facility will be HAL LUH (Light Utility Helicopter), made for Indian Military.

Samsung Galaxy Unpacked: Not Just The S23… It’s All About The Ecosystem!

Feb 07, 2023

The Samsung Galaxy S23 lineup was revealed at Galaxy Unpacked and Tech Today’s Aayush Ailawadi brings you all the details. Although the S23 Ultra is the star performer and will give the iPhone 14 Pro series a tough fight, Samsung isn’t only thinking about its flagships this time. There’s a huge thrust on the ecosystem and on sustainability- the two segments that Apple has mastered over the last few years. Does Apple finally have competition in that space? Let’s find out on Tech Today

'RBI Must Watch Out On Inflation Building Again'

Feb 07, 2023

'No macro narrative with RBI to signal that this is the end and it has concurred inflation', says Abheek Barua, Chief Economist, HDFC Bank. Also, on the panel Soumya Kanti Ghosh, Group Chief Economic Advisor, SBI, Rajiv Kumar, Chairman, Pahle India Foundation, T.C.A. Anant, Former Chief Statistician of India; Former Member, UPSC, Prof. Ramesh Chand, Member, NITI Aayog. Catch this panel discussion to know more about the New Tax Vs the Old Tax regime.

Is The Budget Hit Or Miss For The Manufacturing Sector?

Feb 07, 2023

Speaking to Business Today Magazine’s Sourav Majumdar, Senior Tax Advisor, Ved Jain said the 15% favourable CIT rate should have been available for longer to support the country's aspirations of becoming a major manufacturing hub. Meanwhile, Neeru Ahuja, the APAC tax head at Deloitte says FM’s intention to keep a stable tax regime is a hit.

"Government And Regulators Have Maintained A Silence On Adani"

Feb 07, 2023

Watch this firing session in which BJP and Congress spokespersons exchange accusation bullets on the Adani-Hindenburg saga at the India Today-Business Today Budget Roundtable. Supriya Shrinate, a spokeswoman for the Congress, has questioned why the Indian government is standing up for Adani since the Enterprise's debt exposure to Indian commercial and public banks, including LIC, is at a concerning level. She has also identified the organisations, such as the RBI and IRDA, that ought to conduct an investigation into the Adani case. In response to the accusations, Sudhanshu Trivedi, National Spokesperson for the BJP, claimed that the Hindenburg study hinted at a global conspiracy. Watch this exclusive conversation with Business Today's Rahul Kanwal.

An Exclusive Session With Finance Minister Nirmala Sitharaman

Feb 07, 2023

5 days after presenting the Budget 2023 speech in Lok Sabha, Finance Minister Nirmala Sitharaman faces questioning by four India Today-Business Today editors. In an exciting, free-wheeling discussion, the finance minister defends the Budget against opposition barbs, charts out a path for India’s growth and takes on some tough questions on the Adani saga. She also does not rule out considering a cut in income tax slab to 25% from the current 30%.

Dharmendra Pradhan Talks Of The Real Takeaways From Budget 2023

Feb 07, 2023

How will the Budget fulfil the aspirations and needs of Indians preparing for a ‘smart’ world? Do the budgetary allocations satisfy the needs of students? Dharmendra Pradhan, Minister of Education, Skill Development and Entrepreneurship say the Budget allocates ₹1.25 lakh crore to the knowledge vertical which is the highest since independence and pushes the education agenda set in the National Education Policy 2020.

The Budget Makers Decode FM’s ‘Saptarishi’ Budget

Feb 06, 2023

In an exclusive interview with Business Today TV's Managing Editor Siddharth Zarabi, TV Somanathan, the Finance Secretary, expressed confidence that the Rs 10 lakh crore capital expenditure target outlined in the Budget is well within reach. He also added that the three main areas (for maximum spending) are - railways, highways, and some specific sectors, like the petroleum sector. Meanwhile, Tuhin Kanta Pandey, Secretary of DIPAM says the government is focusing on a calibrated disinvestment strategy.

A Free-Wheeling Conversation With Ashwini Vaishnaw On Budget 2023

Feb 06, 2023

Watch Rahul Kanwal, News Director, India Today & Aajtak in conversation with the dynamic Ashwini Vaishnaw, Minister of Railways, Communications, Electronics, and Information Technology about the various provisions of Budget 2023. The minister discusses everything from the country’s semiconductor policy to PLI, from smartphone exports to new Vande Bharat trains. He also talks of the supreme confidence global investors have in the country.

What Action Has The CBDT Taken In Case Of Tax Fraud Involving Political Parties?

Feb 06, 2023

Catch Siddharth Zarabi, Managing Editor, Business Today TV in conversation with Nitin Gupta, Chairman, Central Board Of Direct Taxes at the BT Budget Roundtable 2023. Nitin Gupta talks about tax evasion pushing the government towards the new tax regime. The CBDT Chairman also talks of tax fraud involving donations to political parties.

Budget Was Conservative For Startups, Says Kunal Bahl, CEO, Snapdeal

Feb 06, 2023

Budget Round Table 2023- Push For Industrial Growth. Catch Parvesh Minocha, Chairman, Feedback Infra, Patanjali Keswani, CMD, Lemon Tree Hotels, Navneet Munot, MD & CEO, HDFC Mutual Fund, Kunal Bahl, CEO, Snapdeal, Rahul Garg, Founder and CEO, Moglix and Prashant Tripathi, MD & CEO, Max Life Insurance in an exclusive conversation with Aabha Bakaya, Senior Editor & Anchor, Business Today TV. Navneet Munot, MD & CEO, HDFC Mutual Fund said that in the last few years, India has seen consumption-led growth and one can see the difference between government capex, corporate capex and household capex. Snapdeal's Kunal Bahl said Budget 2023 was conservative for the startups, thanks to the macroeconomic conditions. Listen here for more details-

"All Taxpayers Will Benefit From The New Tax Regime", Says CBDT Chairman

Feb 06, 2023

Will the new exemption-less tax regime benefit you more than if you claim deductions and exemptions as per the older regime? Catch Siddharth Zarabi, Managing Editor, Business Today TV In conversation with Nitin Gupta, Chairman, Central Board Of Direct Taxes at the India Today-Business Today Budget Roundtable.

Why Are Individuals Being Taxed More Than Corporates?

Feb 06, 2023

Catch CBDT Chairman Nitin Gupta in conversation with Siddharth Zarabi, Managing Editor, BTTV. Gupta talks about the government's shift from an exemption-based old tax regime to the new regime which does not encourage savings or tax deductions. The CBDT Chairman gives instances of people claiming wrong deductions and is also quizzed on why individuals are being taxed at 30% when taxation levels for corporates have been lowered to 25%.

The Big Picture Of The Pre-Election Year Budget

Feb 06, 2023

Senior BJP leader Jayant Sinha on Monday said that capital expenditure is the secret sauce for growth. He added that investing in infrastructure like railways, airports, highways, and metro lines will not only result in immediate growth but also yield productivity over the next couple of years. The comment from the Lok Sabha MP comes amidst the Centre's increased focus on capital expenditure. The Centre has earmarked Rs 10 lakh crore for capital expenditure, FM Sitharaman announced during her Union Budget 2023 speech. This is a 33 per cent jump over the previous financial year’s Rs 7.5 lakh crore budget outlay. "You put an asset on the ground, which will be more productive over the next 50 years. That's where the huge multiplier effect of capital expenditure comes in," BJP Lok Sabha MP Jayant Sinha said at the BT Budget Roundtable. Watch here to know more-

Old Vs New Income Tax Regime: Which Is Better?

Feb 06, 2023

Watch as Ved Jain, a senior tax advisor, Neeru Ahuja, the APAC tax head at Deloitte, and Sanjay Tolia, a partner at Price Waterhouse Coopers, break out the changes to the structure of the new tax regime while leaving the slabs of the previous tax structure same.

'New Tax Regime's Acceptance Will Take Time'

Feb 06, 2023

'The Centre is trying to give the taxpayers an option between long-term and short-term priorities by offering a simpler, hassle-free tax regime with minimal compliance burden, but taxpayers will take time to adopt the new regime' says Soumya Kanti Ghosh, Group Chief Economic Advisor, SBI. Also, on the panel Rajiv Kumar, Chairman, Pahle India Foundation, T.C.A. Anant, Former Chief Statistician of India; Former Member, UPSC, Abheek Barua, Chief Economist, HDFC Bank. Prof. Ramesh Chand, Member, NITI Aayog. Catch this panel discussion to know more about the New tax vs Old tax regime.

High-Voltage Political Debate At The India Today-Business Today Budget Roundtable

Feb 06, 2023

Political storm over the Adani-Hindenburg rages on as can be seen at the India Today-Business Today Budget Roundtable. Rahul Kanwal, News Director, India Today & Aajtak moderates a debate with a panel comprising Sudhanshu Trivedi, National Spokesperson, BJP; Supriya Shrinate, National Spokesperson, Congress and Ashwani Mahajan, Economist & National Co-Convener, Swadeshi Jagran Manch.

Union Road Transport Minister’s Solution For Urban Garbage

Feb 06, 2023

What stopped Nitin Gadkari, Union Road Transport & Highways Minister from using the mountains of garbage in Delhi for highway construction in the Delhi-NCR region? Why is he able to use 20 lakh crore tonnes of garbage and waste in Ahmedabad in building roads in Gujarat? Get the answers in this conversation between Nitin Gadkari and Siddharth Zarabi, Managing Editor, Business Today TV at the India Today-Business Today Budget Roundtable.