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How InvITs can turn asset-heavy businesses into golden goose

This instrument has already caught the fancy of corporate India, while investors are still warming up to it.

Exclusive: Digitalisation is need of the hour, says NITI Aayog s CEO Amitabh Kant

Feb 10, 2021, 20:28 PM IST New Delhi: The NITI Aayog CEO Amitabh Kant has said that the digitalisation is need of the hour and this way India will recover economic loss during the nationwide COVID-19 lockdown.  In an exclusive interview with Zee Business executive Editor Swati Khandelwal, Amitabh Kant said, Government s focus is on digitization, and added that the Production Linked Incentive Scheme (PLI) has been announced in 13 sectors. He also said that the Government is working to privatise the non-strategic sector which will infuse productivity and better asset utilisation.  Notably, according to NITI Aayog, over 2.3 billion transactions worth Rs 4.2 trillion were recorded through Unified Payment Interface (UPI) in January 2021. 

Will the Budget proposal to exempt senior citizens from filing ITR work?

Congress MP presses for increasing Budget discussion time from 10 to 12 hrs

As the Rajya Sabha proceedings began on Wednesday, Congress Member of Parliament (MP) Jairam Ramesh said that the time to discuss the Union Budget should be increased from 10 to 12 hours. There is a lot of interest among the members in discussing the Budget. My suggestion is that increase the time to debate the Budget from 10 hours to 12 hours, said Ramesh. The chairperson M Venkaiah Naidu said that he will see into it . The House also gave obituary reference and observed silence in respect of Mahendra Bahadur Singh who represented Madhya Pradesh. Rajya Sabha proceedings began for the day chaired by M Venkaiah Naidu. The first part of the budget session will conclude on February 13.

Moneycontrol reigns as No 1 digital destination for Budget Day coverage, beats previous digital readership records

Moneycontrol reigns as No.1 digital destination for Budget Day coverage, beats previous digital readership records Moneycontrol broke down the Budget for readers using the theme Rebuilding India, which captured the impact of Budget 2021 on individuals, investors and businesses FP Staff February 10, 2021 16:16:45 IST Moneycontrol’s Budget-Day coverage smashed all previous digital traffic records as people from across India visited its specially designed microsite for up-to-date information and quick clarity on 1 February, when the finance minister announced a raft of measures to revive the economy. Moneycontrol, India’s leading financial news platform, experienced a significant increase in visits by readers, again becoming the destination of choice for the most comprehensive, and real-time coverage of the Union Budget.

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