In the Parliament Budget Session 2025, Prime Minister Narendra Modi criticized Rahul Gandhi for focusing on photo sessions in poor huts rather than addressing poverty, highlighting the government’s efforts towards resolving issues. He also targeted former PMs Indira Gandhi and Rajiv Gandhi for corruption and ineffective slogans, emphasizing the BJP’s success in lifting 25 crore Indians out of poverty and providing true development. Additionally, Modi referenced an RK Laxman cartoon to illustrate the disconnect of previous leaders’ promises from reality and emphasized the government’s focus on youth development and nation-building.
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Sebi amends rules to tighten SME IPO norms
Sebi has announced stricter regulations for SME IPOs, requiring a minimum operating profit of ₹1 crore for two of the last three years and capping OFS at 20%. Promoters' excess shareholding will be subject to a lock-in period, and the minimum application size for SME IPOs has been increased to two lots. Additionally, funds raised cannot be used to repay loans from promoters, promoter groups, or related parties. Full Article
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