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24 Jul

Manipur’s exclusion from Union Budget sparks criticism, MP Angomcha Bimol Akoijam voices discontent

Priyanka BhowmickFinance, Lifestyle

The presentation of the Narendra Modi government's first budget of its third term by Union Finance Minister Nirmala Sitharaman has faced sharp criticism for neglecting the needs of Internally Displaced Persons (IDPs) in Manipur. Despite addressing flood concerns in several states, including Bihar, Assam, Himachal Pradesh, Uttarakhand, and Sikkim, Manipur was notably absent from the discussion, prompting a backlash from political figures. Lok Sabha MP Angomcha Bimol Akoijam expressed his discontent via X (formerly Twitter), highlighting the omission. “Absence thy name is Manipur — that's the budget speak! Nothing on flood and rehabilitation package for IDPs in the state,” Akoijam…

Capital gain tax increased, collapse in the budget

Banasree SarkarFinancesensex

Sensex plunged on budget day. The full budget presentation on July 23 was an important day for Indian markets. Finance Minister Nirmala Sitharaman announced new changes in the tax structure (share market) and increased the long-term capital gains tax for investors from 10 percent to 12.5 percent. And after him, the senses went down. Although it started with a fall this morning, quite a bit of a rise was noticed in the market (Union). But the market fell again by 1103 points. Although much stability returned to the market later, But the Sensex is still in the red. In the…

There is big news in these stocks today, find out

Banasree SarkarFinanceStock Market

The map of the market (Stock Market Today) will change at the beginning of the week. Equity indices started booking gains on Friday following weak cues from the share market. In that regard, shares of IDBI Bank, Suzlon Energy, RIL, HDFC Bank, Kotak Bank, and JSW Steel are in the headlines in today's trading. Wipro: IT firm Wipro last Friday reported a Q1 FY25 net profit of Rs 3,036.6 crore, up 5.2 percent Y-o-Y and 6.2 percent Q-o-Q. This beat the Bloomberg estimate by Rs 2,931 crore. India's fourth-largest IT services company marginally raised its revenue guidance for the second…