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Economy - Angel One

Namdhari Seeds Strengthens Global Presence with Axia’s US Seed Business

Namdhari Seeds Strengthens Global Presence with Axia’s US Seed Business

13 February 2025

Namdhari Seeds has taken a significant step in its global expansion by acquiring 100 per cent of Axia Vegetable Seeds’ open-field vegetable seed business. This strategic acquisition reinforces Namdhari Seeds’ presence in key international markets, including North America, South America, the Middle East, Africa, and Europe. With this move, the company aims to enhance its …

PM Modi Visits US to Meet Donald Trump: Tariff, Trade and Immigration Issues on the Agenda

PM Modi Visits US to Meet Donald Trump: Tariff, Trade and Immigration Issues on the Agenda

13 February 2025

Prime Minister Narendra Modi’s visit to the US for a high-stakes meeting with President Donald Trump is set to focus on key issues impacting both nations. From navigating trade negotiations amid the “America First” policy to addressing immigration concerns, the talks are expected to cover global issues like the Ukraine-Russia conflict and Israel-Gaza situation. Check …

New Income Tax Bill: Check How Is It Different From the Old Income Tax Law

New Income Tax Bill: Check How Is It Different From the Old Income Tax Law

13 February 2025

The newly introduced Income Tax Bill, which has been shared with Parliament members, seeks to replace the existing Income Tax Act of 1961 with the updated Income Tax Act, 2025. Spanning a total of 622 pages, this bill is set to be implemented starting April 1, 2026. It includes 23 chapters and 16 schedules. In …

RBI Liquidity Measures: Planning VRR of ₹2.5 Lakh in Banking System

RBI Liquidity Measures: Planning VRR of ₹2.5 Lakh in Banking System

13 February 2025

The Reserve Bank of India (RBI) was prepared to inject ₹2,50,000 crore into the banking system through its Variable Rate Repo (VRR) auction on Wednesday to improve liquidity. The central bank explained that the amount was determined after assessing current liquidity conditions. Additionally, the RBI announced that it would hold daily VRR auctions on all …

PM Surya Ghar Muft Bijli Yojana First Anniversary: How to Apply for Solar Panel​ in India?

PM Surya Ghar Muft Bijli Yojana First Anniversary: How to Apply for Solar Panel​ in India?

13 February 2025

Feb 13, 2025, marks the one-year anniversary of PM Surya Ghar: Muft Bijli Yojana (PMSGMBY). A year back, Prime Minister Narendra Modi launched this yojana to provide free electricity by facilitating the installation of rooftop solar panels. The scheme makes renewable energy more accessible and affordable by offering subsidies of up to 40% on rooftop …

New Income Tax Bill 2025: What’s Changing and What Remains the Same

New Income Tax Bill 2025: What’s Changing and What Remains the Same

13 February 2025

Union Finance Minister Nirmala Sitharaman will present the Income Tax Bill 2025 in Parliament today. The bill aims to simplify tax laws, remove outdated provisions, and make tax compliance easier. If approved, it will replace the Income Tax Act of 1961 and take effect from April 1, 2026. The bill will then be reviewed by …

Karnataka Unveils New Industrial Policy 2024-29 to Boost Jobs and Investment

Karnataka Unveils New Industrial Policy 2024-29 to Boost Jobs and Investment

12 February 2025

The Karnataka government has launched its Industrial Policy 2024-29, aiming to generate 20 lakh employment opportunities by 2029. The policy was unveiled at the Global Investors Meet – Invest Karnataka 2025 and focuses on boosting manufacturing growth, attracting investments, and making the approval process easier for businesses. Key Objectives of the Policy Increase the manufacturing …

Income-Tax Bill, 2025 Set to be Introduced in Parliament

Income-Tax Bill, 2025 Set to be Introduced in Parliament

12 February 2025

The draft Income-Tax Bill 2025, which aims to replace the old Income Tax Act of 1961, will be presented in Parliament on Thursday. This 622-page bill introduces simpler tax terms, updates tax rules, and modernises compliance processes. If passed, the law will come into effect from April 1, 2026. Simplified Terminology The new bill will …

Money Bill vs Finance Bill: What the New Income Tax Bill Means for India’s Budget

Money Bill vs Finance Bill: What the New Income Tax Bill Means for India’s Budget

13 February 2025

As the parliamentary session unfolds, various bills are presented for discussion, each following a distinct process to become an act. Some bills require approval solely from the Lok Sabha (the lower house), while others must also pass through the Rajya Sabha (the upper house) to gain enactment. With the recent announcement in the Budget 2025, …

CPI and IIP Data Out: Inflation Eased to 4.31% in January 2025

CPI and IIP Data Out: Inflation Eased to 4.31% in January 2025

12 February 2025

India’s inflation trends for January 2025 reveal a mixed picture, with headline inflation showing a notable decrease, especially in food prices, signalling some positive shifts for the economy. Alongside inflation statistics, industrial production data for December 2024 has also been released, offering insights into the performance of key sectors like mining, manufacturing, and electricity. Let’s …

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