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Month: February 2025

Union Budget 2025: Government to set up Export Promotion Mission with an outlay of ₹2,250 crore

Posted on February 1, 2025 By admin
Union Budget 2025: Government to set up Export Promotion Mission with an outlay of ₹2,250 crore

Photo used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The Union Budget announced an Export Promotion Mission with an outlay of ₹2,250 crore to facilitate easy access to export credit, cross-border factoring support, and help MSMEs tackle non-tariff measures in overseas markets. The Mission, with sectoral and ministerial targets, will be driven jointly…

Read More “Union Budget 2025: Government to set up Export Promotion Mission with an outlay of ₹2,250 crore” »

Business

Union Budget 2025: Finance Minister announces ₹20,000 crore Nuclear Energy Mission for small modular reactors

Posted on February 1, 2025 By admin
Union Budget 2025: Finance Minister announces ₹20,000 crore Nuclear Energy Mission for small modular reactors

Finance Minister Nirmala Sitharaman announced a ₹20,000 crore ‘Nuclear Energy Mission’ to develop indigenous Small Modular Reactors (SMR). File | Photo Credit: The Hindu Finance Minister Nirmala Sitharaman announced a ₹20,000 crore ‘Nuclear Energy Mission’ to develop indigenous Small Modular Reactors (SMR). The Budget proposes that at least five of these reactors will be operationalised…

Read More “Union Budget 2025: Finance Minister announces ₹20,000 crore Nuclear Energy Mission for small modular reactors” »

Science

Union Budget 2025: Sitharaman proposes many reforms to lift investor mood

Posted on February 1, 2025 By admin
Union Budget 2025: Sitharaman proposes many reforms to lift investor mood

Union Fianance Minister Nirmala Sitharaman addresses the media on Budget at National Media Centre, in New Delhi on February 1, 2025 | Photo Credit: Sushil Kumar Verma Union Finance Minister Nirmala Sitharaman on Saturday (February 1, 2025) proposed several financial sector reforms to ease compliance, expand services, build robust regulatory environment, promote international and domestic…

Read More “Union Budget 2025: Sitharaman proposes many reforms to lift investor mood” »

Business

Minority Affairs Ministry sees 5% hike in budget but funds for education empowerment for communities sees major cut

Posted on February 1, 2025 By admin
Minority Affairs Ministry sees 5% hike in budget but funds for education empowerment for communities sees major cut

The Union Budget has allocated the Ministry of Minority Affairs ₹3,350 crore for the financial year 2025-26, which is a 5% increase from the Budget Estimate of 2024-25 at ₹3,183.24 crore. There is a major hike of approximately ₹1,000 crore in grants-in-aid to States, which was increased from ₹527.12 crore in 2024-25 to ₹1,518.31 crore…

Read More “Minority Affairs Ministry sees 5% hike in budget but funds for education empowerment for communities sees major cut” »

Business

Hina Munawar Appointed First Female Manager For Pakistan Men’s Cricket Team

Posted on February 1, 2025 By admin
Hina Munawar Appointed First Female Manager For Pakistan Men’s Cricket Team

File photo of Hina Munawar.© X/@CricJerry Hina Munawar, a police officer with a strong background in security and operations, has been named as the first female team manager for the Pakistan men’s cricket team ahead of the Champions Trophy. Munawar, who has served in the Frontier Constabulary in the high-risk Swat area, has…

Read More “Hina Munawar Appointed First Female Manager For Pakistan Men’s Cricket Team” »

Sports

Basic import duty on certain phone components scrapped

Posted on February 1, 2025 By admin
Basic import duty on certain phone components scrapped

Union Minister Ashwini Vaishnaw | Photo Credit: The HIndu The basic customs duty of 2.5% imposed on certain smartphone components has been scrapped, following a glide path recommended by the electronics manufacturing industry last year. Mobile phones are fast emerging as India’s top export commodity, reaching $15.6 billion last year. Slabs for components had been…

Read More “Basic import duty on certain phone components scrapped” »

Business

Big Cut For Intelligence Units In Nirmala Sitharaman’s Budget 2025

Posted on February 1, 2025 By admin
Big Cut For Intelligence Units In Nirmala Sitharaman’s Budget 2025

New Delhi: Intelligence gathering has taken a back seat in the Union Budget 2025-26 as the Centre has reduced the flow of funds of several verticals that deal with intelligence collection and dissemination, including the National Security Council Secretariat (NSCS) – the apex body for all matters concerning internal and external security. According to Notes…

Read More “Big Cut For Intelligence Units In Nirmala Sitharaman’s Budget 2025” »

Nation

Union Budget 2025-26: Gyan Bharatam Mission launched for conserving India’s manuscript heritage.

Posted on February 1, 2025 By admin
Union Budget 2025-26: Gyan Bharatam Mission launched for conserving India’s manuscript heritage.

In her budget speech, Union Finance Minister Nirmala Sitharaman spoke about conserving India’s manuscript heritage, on February 1, 2025. | Photo Credit: ANI The Union Budget 2025-26 announced a special mission for the survey, documentation, and conservation of India’s manuscript heritage. Launched as the ‘Gyan Bharatam Mission’, it intends to cover more than one crore manuscripts….

Read More “Union Budget 2025-26: Gyan Bharatam Mission launched for conserving India’s manuscript heritage.” »

Business

Slight decline in allocations for I&B Ministry

Posted on February 1, 2025 By admin
Slight decline in allocations for I&B Ministry

The budgetary allocations for the Information and Broadcasting Ministry recorded a slight decline from ₹4,626.71 crore to ₹4,358.38 crore this year. While proposed funds for the establishment expenditure of the Ministry are pegged at ₹142.70 crore, some ₹38.27 crore for Art and Culture, and ₹401.53 crore for Information and Publicity have been allocated. The government…

Read More “Slight decline in allocations for I&B Ministry” »

Business

Former German President Horst Köhler dies at 81

Posted on February 1, 2025 By admin
Former German President Horst Köhler dies at 81

Horst Köhler, a one-time head of the International Monetary Fund who became a popular German president before stunning the country by resigning abruptly in a flap over comments about the country’s military, has died. He was 81. Köhler, who was head of State from 2004 to 2010, died Saturday morning in Berlin after a short…

Read More “Former German President Horst Köhler dies at 81” »

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