Describing the maiden budget of Modi 3.0 as a very well defined and responsible budget, the head of a India-centric American business and strategic advocacy group on Tuesday said that it would help in attracting more foreign direct investment and propel India's growth story.

"I think (it is) a very well-defined budget, a very well-responsible budget. We compliment the prime minister and the finance minister for delivering their budget," Mukesh Aghi, president and CEO of US India Strategic and Partnership Forum (Usispf) told PTI in an interview.

Two local law enforcement officers stationed in the complex of buildings where a gunman opened fire at former President Donald Trump left to go search for the man before the shooting, the head of Pennsylvania State Police said Tuesday, raising questions about whether a key post was left unattended as the shooter climbed onto a roof.

Pennsylvania State Police Col. Christopher Paris told a congressional committee that two Butler County Emergency Services Unit officers were stationed at a second-floor window in the complex of buildings that form AGR International Inc.

Jailed former Prime Minister Imran Khan on Tuesday refused to undergo polygraph and voice matching test as a part of investigation launched by Lahore police in connection with last year's unprecedented violence in the country.

A 12-member forensic team reached Adiala Jail on Tuesday to conduct the polygraph test on 71-year-old Khan

A panel of Democratic stalwarts will meet Wednesday to complete a rule change to allow Vice President Kamala Harris to accept her party’s nomination for president weeks in advance of the party’s convention in Chicago.

The virtual roll call would take place the first week of August and formalise the result of a remarkable 32-hour blitz in which Harris won the support of a majority of delegates without a single challenger emerging.

The Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman has extended ‘special help’ to Bihar and Andhra Pradesh, addressing the aspirations of key National Democratic Alliance (NDA) allies — the Telugu Desam Party (TDP) and the Janata Dal United (JDU).

Marking a robust display of ‘coalition politics’, the first Budget of the Narendra Modi 3.0 government has gone above and beyond for Bihar and Andhra Pradesh.

The Indian government will enable pooled private equity fund structures as variable capital companies (VCCs)—a structure more popular in the financial markets of Singapore and Mauritius—in a bid to attract more capital from overseas investors.

“We will seek the required legislative approval for providing an efficient and flexible mode for financing the leasing of aircraft and ships, and pooled funds of private equity through a ‘variable company structure’,” finance minister Nirmala Sitharaman said in Parliament.

Finance Minister Nirmala Sitharaman on Tuesday presented the Union Budget 2024 in the Lok Sabha. FM Sitharaman said three employment-linked incentive schemes will be launched, based on registration with the Employees’ Provident Fund Organisation (EPFO).

Krishnendu Chatterjee, vice-president and business head at TeamLease Services, says the Centre’s commitment to employment is clear with the launch of these schemes.

The Union Finance Minister Nirmala Sitharaman while presenting the Union Budget 2024 in the Lok Sabha on Tuesday (July 23), announced comprehensive development plans for Bihar.

Announcing the ‘Purvodaya’ scheme for enhancing the all-round development of the eastern region including Bihar, Jharkhand, West Bengal, Andhra Pradesh, Odisha, the FM said that the Centre will focus on human resource development, infrastructure growth and create generations of economic opportunity to fasten the government’s aim of ‘Viksit Bharat’.

The Finance Minister today announced changes to the capital gains tax structure in India. The tax on long-term capital gains (profits from selling assets held for more than two year) has been increased from 10 per cent to 12.5 per cent.

For listed financial assets, the holding period to qualify for long-term capital gains has been kept at more than one year.

US President Joe Biden has described his decision to drop out of the presidential race as "the right thing to do" and said he would campaign with his deputy Kamala Harris, whom he has endorsed as the Democratic Party's new nominee, for the November general elections.

In a telephonic address on Monday to his former campaign team, which has now been rechristened Harris Campaign, Biden urged the members to "embrace" Vice President Harris (59) while asserting that the name of the campaign has changed but the mission remains the same -- defeating Donald Trump.

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