News

The Ministry of Finance plans to borrow Rs 8 lakh crore in the first half of FY 2025-26, with a portion dedicated to environmentally sustainable projects through Sovereign Green Bonds. This borrowing will be conducted through weekly auctions and issuance of Treasury Bills, with the Reserve Bank of India setting the Ways and Means Advances limit at Rs 1.50 lakh crore for the period.

Veteran investor Shankar Sharma champions India's parallel economy, praising its ability to act as a shock absorber during economic downturns. He argues that unaccounted wealth in the form of gold, cash, and real estate provides families with a safety net, helping India weather global crises better than other nations.

Employee attrition in India declined in 2024 as workers prioritized stability over career moves amidst muted salary growth, with the average attrition rate falling to 17.4% from 18.1% in 2023. Companies are focusing on optimizing compensation costs, with pay increases for 2025 forecast at 8.8%, the lowest expected average increment in a decade.

Melinda French Gates has responded to her ex-husband Bill Gates' recent remarks about their divorce, acknowledging the pain of the separation while expressing confidence in her ability to move forward. Bill Gates has also spoken about the divorce, calling it the "biggest mistake" of his life and expressing regret for the emotional toll it took on both of them.

West Bengal Chief Minister Mamata Banerjee walked out of the NITI Aayog meeting chaired by Prime Minister Narendra Modi, claiming she was not given enough time to speak and that the meeting was biased towards BJP-ruled states. Several other opposition chief ministers also boycotted the meeting, demanding the restoration of the Planning Commission.