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New Delhi, Jul 5: Gold prices on Friday zoomed Rs 590 to Rs 34,800 per 10 gram in the national capital following Budget announcement of increase in custom duty on the precious metal to 12.5 per cent from 10 per cent. The government proposed to increase custom duty on gold and other precious metals to 12.5 per cent, a move which would make the yellow metal and jewellery expensive in the domestic

New Delhi, Jul 5: The BJP hailed the Union budget on Friday as one for a "new India" that laid the foundation for an inclusive and progressive nation, while the Congress panned it for its "maximum intent" and "minimum content". Finance Minister Nirmala Sitharaman presented the Union budget on Friday and said the NDA government had set the ball rolling for a "new India" in its first term. She said

* From 1.85 trillion dollars in 2014, the economy has reached 2.7 trillion US dollars; We can very well reach 5 trillion dollars in the next few years. The Indian economy will grow to become a 3 trillion dollar economy this year itself. * The plan to reach $5 trillion economy will involve development of heavy investment in infrastructure, digital economy and job creation. Employment * 80

Jul 5: Departing from a British tradition passed on to India, Finance Minister Nirmala Sitharaman carried a 'bahi khata' (ledger) instead of a briefcase. While presenting her maiden Budget speech in Parliament, Sitharaman expressed confidence that India will become a $3-trillion economy in the current year. Here are the key takeaways from Nirmala Sitharaman's Budget speech, so far INVESTMENT -

New Delhi, Jul 5: The Economic Survey, tabled in Parliament on Thursday, suggests invoking the doctrine of "pious obligation" as well as blend principles of behavioural economics with spiritual norm to tackle tax evasion and wilful defaults. Bringing in a sense of novelty into the Economic Survey, that provides a detailed picture of the economy in 2018-19 and the way ahead, tenets of Hinduism

New Delhi, Jul 5: Finance Minister Nirmala Sitharaman on Friday became only the second women in the history of independent India to present the Union Budget. Sitharaman, 59, presented the Modi 2.0 government's maiden budget in the Lok Sabha. Prior to the presentation, the Union Cabinet headed by Prime Minister Narendra Modi approved the Budget for 2019-20. She handed over a copy of the Union

Los Angeles, Jul 5: The strongest earthquake in 20 years shook a large swath of Southern California and parts of Nevada on Thursday, rattling nerves on the July 4th holiday and causing injuries and damage in a town near the epicenter, followed by a swarm of ongoing aftershocks. The 6.4 magnitude quake struck at 10.3 a.m. in the Mojave Desert, about 240 km northeast of Los Angeles, near the town of

Kolkata, Jul 5: Days after a fatwawas issued against her for wearing 'sindoor' in Parliament, Trinamool Congress MP and actor Nusrat Jahan on Thursday dubbed the dictate as baseless saying she is still a Muslim. "I don't pay heed to things which are baseless. I know my religion. I have been a Muslim by birth and I am still a Muslim. It's about faith. You have to feel it inside your heart and not

Mumbai, Jul 4: Banks have reported a massive 73 percent increase in incidents of fraud worth Rs 71,543 crore in FY19, a senior Reserve Bank official said Thursday. Till March 2019, the top five, 10 and 100 cases of frauds cumulatively reported constituted 24 percent, 34 percent and 70 percent of all frauds, respectively, a chief general manager with the RBI Jayant Dash said. In FY18, the banks had

New Delhi, Jul 4: Trinamool Congress (TMC) MP Mahua Moitra on Thursday moved a breach of privilege motion in the Lok Sabha against a Hindi news channel and its anchor for falsely reporting her debut speech in Parliament last week. "Sir, under Rule 225, I have given a breach of privilege notice against Zee TV and its editor Sudhir Chaudhary for falsely reporting my maiden address in the House,"