CATEGORIES

More firepower for defence spending

India on Thursday set aside ₹6.2 trillion for defence spending in the interim budget for FY25, an allocation that was 4.72% higher than in last year's budget estimates and marginally lower (0.37%) compared to the revised estimates for FY24.

In an election year, no free lunch

A budget without sops or freebies reflects the government's confidence; Opposition terms it arrogance

Incredible India slumps as budget puts faith in local

First, the good news. Finance minister Nirmala Sitharaman announced in the interim budget on Thursday that the government would focus on developing new tourist destinations in India, boosting domestic tourism, and promoting spiritual tourism.

FM's gift: Startups get a tax breather

Tax break extension for startups and certain businesses comes as a lifeline, but new manufacturing companies feel left out

Climate concerns reflect in solar scheme

The government’s keenness to promote rooftop solar installations comes through in the interim budget. Addressing a press conference after the budget, union finance secretary T.V. Somanathan said: \"There is a provision of ₹10,000 crore for rooftop solar in the budget.\"

A new dream for homebuyers on a budget

The government will launch a housing scheme to help people living in rented accommodation, slums or unauthorized colonies to buy or build their own homes, Finance Minister Nirmala Sitharaman announced in the interim Union budget.

Subsidy bills slashed to cut borrowing

Centre's food, fertilizer and petroleum subsidy is projected to decline by more than 7% in FY25 to ₹3.81 trillion

FAME slows down, auto PLI in fast lane

The government slashed the allocation for FAME, its umbrella scheme for a switch of electric mobility, by 44% for FY25 even as it hiked the corpus for the production-linked incentive scheme for autos by over seven times.

₹11 trillion to power capex journey

Increased capital expenditure is expected to fuel growth in key sectors, such as railways and roadways and shipping

'Our track record speaks for us we don't need populism'

After presenting her sixth budget in Parliament, Finance Minister Nirmala Sitharaman spoke to Doordarshan and talked about how the interim budget's lack of election-fuelled populism is built on the government's 10-year track record of delivering growth.

VOTE ON CONFIDENCE

Budget steers clear of populism, reiterates govt's commitment to growth

Prospect Of Trump 2.0 Has Europe Scrambling

Some of America's staunchest allies in Europe are pushing their neighbours to spend more on defence

Artworks That You Simply Must Not Miss At The India Art Fair 2024

From unique sculptures to installation art, the works on view at the 15th edition of the fair this year present a snapshot of art in the Global South

The artist as a witness to the global climate crisis

For its new exhibition, Khoj invited artists to undertake journeys along the 28th parallel north latitude

The challenge is to get our mix of fiscal and monetary policy right

India is at an inflection point in its growth-inflation dynamics. A judicious budget deficit will give RBI more policy space

Has disinvestment lost priority or got held up?

The government's programme to offload equity stakes and other assets has shown paltry progress. We await clarity on why so little emphasis is placed on this deficit-bridging path

How CAMS/KFIN help you in managing family portfolios

Self-declaration form allows family members to transact with a single phone number, email id

Trump could abandon Taiwan if he wins: China

China said a victory by Donald Trump in the presidential election later this year could lead to the US abandoning Taiwan, comments intended to sow doubt over Washington's commitment to the island.

SFC members named, to tackle issues such as high debt to GDP

Three full-time and one part-time member will put in their report by 31 October 2025.

A new solution for CO2 emissions: Bury them at sea

Ship operators have a radical idea for industrial that are companies searching for ways to dispose of carbon emissions: Take the captured CO out to sea and bury it deep under the ocean floor. But first, supercool the carbon emissions to temperatures so low that they become a liquid.

Elon Musk's $55.8 billion Tesla pay package struck down by judge

A Delaware judge struck down Elon Musk's multibillion-dollar pay package at Tesla after finding the process for securing its approval \"deeply flawed,\" a major setback for the chief executive of the world's most valuable automaker.

Google's ad sales fall short of Wall Street's lofty expectations

Stock declines despite rebound in advertising

Engg goods trade with Russia up at $1 bn: EEPC

By March-end, Indian exporters are expected to receive their payments in rupees from Russia

CAT-III runways in Navi Mumbai

Greenfield airports get hi-tech to face adverse weather

Bombay HC gives split verdict in Fact Check Unit case

The bench has instructed its registry to present the pleas before chief justice Devendra Kumar Upadhyaya

For Flipkart's top execs, one more year without pay hikes

However, many senior executives enjoy large stock options which promise riches in an IPO

Jubilant FoodWorks' Q3 profit slips 18%

Jubilant FoodWorks Ltd on Wednesday reported a 18.2% dip in consolidated net profit for the three months ended 31 December.

Dabur eyes polls to bolster rural recovery

Rural demand for Dabur grew 200 bps ahead of urban markets in Q3, bucking trends reported by competitors

Sun Pharma net up 16.5% at ₹2,524 crore on robust sales

Sun Pharma reported a consolidated revenue of ₹12,380.7 cr in Q3, from ₹11,240.97 cr a year ago

SUV sales drive up Maruti's Dec quarter profit by 33%

The company has reported a standalone net profit of ₹3,130 crore for the December quarter