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Focus on rural boost, little for middle class
The interim budget laid out several key measures that are likely to assist rural employment and boost farmer income amid a weak demand for packaged goods reported from villages. However, companies said the budget did little to address subdued consumer demand among lower middle-income households.
Why we can expect a banking rally
If the Nifty falls, the Bank Nifty and PSU Bank indices will fall less, and if the gauge rises, they will rise more, say analysts
Two regime dilemma: Clarity on agri income
If you’re an individual taxpayer or Hindu Undivided Family (HUF) with agricultural income, the interim budget has clarified the treatment of agricultural income while computing taxes under the new tax regime.
A plan to detangle old tax disputes
Disputed tax demands up to ₹25,000 till FY2009-10, and up to ₹10,000 for FY2010-11 to FY2014-15 scheduled to be withdrawn
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