Category: Business

Business

In poll-bound Delhi, Shah says Budget has made Purvanchalis, middle class happy

February 1, 2025 admin

Union Home Minister Amit Shah at a public meeting ahead of Assembly polls, in New Delhi | Photo Credit: X/@AmitShah Addressing a rally in north-east Delhi’s Mustafabad on Saturday, Union Minister Amit Shah hailed the Union Budget, saying it has brought smiles to the Purvanchali community and the middle class. “Prime Minister Narendra Modi has…

Business

Watch: Budget 2025 round-up: Bonanza for the middle class

February 1, 2025 admin

Budget 2025 round-up: A bonanza for the middle class Ahead of the Budget, there was an expectation that the government would provide some relief for the middle class, which has been stuck in a rut lately. FM Nirmala Sitharaman delivered a big announcement for this class — in her Budget speech, she announced that…

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Union Budget 2025: A clear road map for Viksit Bharat

February 1, 2025 admin

Kumar Mangalam Birla, Chairperson, Aditya Birla Group, says the Budget also focuses on power sector revitalisation, particularly in electricity distribution and intra-State transmission. | Photo Credit: The Hindu Finance Ministers face a perennial balancing act when crafting Budgets. They must articulate the government’s broader policy vision while maintaining fiscal discipline — a task that is…

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Watch | Union Budget 2025: What’s in it for MSMEs?

February 1, 2025 admin

Watch | Union Budget 2025: What’s in it for MSMEs? Presenting the Budget for 2025-26, Union Minister Nirmala Sitharaman said there are over 1 crore registered MSMEs, employing 7.5 crore people, and generating 36% of our manufacturing. These MSMEs have positioned India as a global manufacturing hub, with 45% of our exports coming from them….

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Union Budget 2025: A much-needed fillip to shipbuilding

February 1, 2025 admin

A view of the Hindustan Shipyard Ltd in Visakhapatnam. Image for representation | Photo Credit: C.V. Subrahmanyam Budget 2025 has several announcements aimed at kickstarting the building of merchant ships that had ground to a halt in recent decades. Finance Minister Nirmala Sitharaman has promised that the Shipbuilding Financial Assistance Policy will be revamped to…

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Union Budget 2025: Long march to Viksit Bharat has begun

February 1, 2025 admin

This Budget is the first step to Viksit Bharat 2047. Economists have stated that unless the GDP grows by 7.5% continuously for the next 25 years, the dream of Viksit Bharat will remain unrealised, and India will remain in the middle-income trap. With the backdrop of slowing growth (FY 2025 growth expected at 6.4%), India…

Business

Union Budget 2025: Government banks on asset monetisation to spur growth

February 1, 2025 admin

Union Finance Minister Nirmala Sitharaman said on Saturday (February 1, 2024) that ₹10 lakh crore worth of assets would be monetised in the next five years as a second installment of the National Monetisation Plan. “Regulatory and fiscal measures will be fine-tuned to support the plan,” Ms. Sitharaman said in her Budget speech in which…

Business

Union Budget 2025: A reflection of Centre’s commitment to building resilient and dynamic industrial ecosystem

February 1, 2025 admin

R. Nandini, Chairperson, CII, Southern Region says announcements in the 2025 Budget embody the government’s vision of empowering the economy, creating jobs, and driving sustainable growth | Photo Credit: The Hindu Today’s Budget, announced by Union Finance Minister Nirmala Sitharaman, has received an overwhelmingly positive response from across the nation. Presenting her eighth consecutive Budget,…

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Union Budget 2025: Tax bonanza for middle class

February 1, 2025 admin

If your car is sputtering, and a faulty fading battery appears to be the cause, the only immediate alternative is to try and jumpstart it by hooking it up with another running car. Finance Minister Nirmala Sitharaman sought to do just that on Saturday (February 1, 2025) with her Union Budget for 2025-26 — jumpstart…

Business

Union Budget 2025: Government to remove FDI cap for insurers

February 1, 2025 admin

Cover for all: The reform is about reshaping insurance landscape to ensure every individual, business can access risk protection | Photo Credit: Sushil Kumar Verma Finance Minister Nirmala Sitharaman on Saturday said the foreign direct investment (FDI) limit for the insurance sector will be raised from 74% to 100%. However, the “enhanced limit will be…

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