Union Finance Minister Nirmala Sitharaman on Saturday announced exemptions on basic customs duty on 36 life-saving drugs and also gave a big boost to medical tourism.
Category: INDIA
FM Sitharaman cuts fiscal deficit to 4.4 per cent of GDP
Finance Minister Nirmala Sitharaman on Saturday presented the Budget 2025-26 in Parliament which aims to give a big push to employment-led growth with its focus on the agricultural and rural sector, MSMEs, and exports, while sticking to the fiscal consolidation path to ensure stability in the economy.
Budget 2025-26: FM Sitharaman announces measures for making India a global toy hub
Union Finance Minister Nirmala Sitharaman, presenting the eight consecutive Budget of the NDA government, shared the blueprint of a ‘Viksit Bharat’ and made key announcements, centering primarily on four key segments -- women, youth, farmers and the poor.
FM Sitharaman’s announcements for internet in govt schools, social security for gig workers
She announced that broadband connectivity will be provided in all government secondary schools, a move that will bring the students at par with their private counterparts and also open new vistas of opportunities for them.
Tax booster for middle class: No income tax payable on income up to Rs 12 lakh
In a big boost to the Indian middle class, Finance Minister Nirmala Sitharaman on Saturday announced that there will be no income tax payable for incomes up to Rs 12 lakh, and Rs 12.75 lakh for salaried taxpayers (including standard deduction).
Union Budget 2025-26: 10,000 additional seats in medical colleges, daycare cancer centres
Union Finance Minister Nirmala Sitharaman on Saturday announced 10,000 additional seats in medical colleges as well as daycare cancer centres in all district hospitals.
Make in India booster: National Manufacturing Mission to be launched
Finance Minister Nirmala Sitharaman on Saturday announced a National Manufacturing Mission to further boost the 'Make In India' initiative across industries, as the country becomes a bright spot on the global manufacturing map.
FM announces PM Dhan Dhanya Krishi Yojana, to benefit 1.7 crore farmers
The PM Dhan Dhanya Krishi Yojana will enhance agricultural productivity, adopt crop diversification, augment post-harvest storage at panchayat and block levels, bolster irrigation and improve availability of short and long-term credit.
India world's fastest growing economy on way to become Viksit Bharat: FM Sitharaman
India is the world's fastest-growing economy, and the government will ensure tremendous growth in coming years across the spectrum on the way to becoming "Viksit Bharat", Union Finance Minister Nirmala Sitharaman said on Saturday.
Maoist Kothehonda Ravi surrenders in Karnataka
In a major development, Maoist Katehonda Ravi has surrendered before authorities in Karnataka, the Chief Minister's Office (CMO) said on Saturday.
ICG is formidable guardian of our seas ensuring safety of people, waters: PM Modi on Raising Day of force
Prime Minister Narendra Modi on Saturday lauded the Indian Coast Guard on their raising day and remarked that ICG is a formidable guardian of the nation's seas ensuring the safety of its waters and people.
President Murmu feeds customary 'dahi-cheeni' to FM Sitharaman
Ahead of presenting the Union Budget in Parliament, Finance Minister Nirmala Sitharaman met President Droupadi Murmu in the Rashtrapati Bhawan on Saturday.
Commercial LPG cylinder prices slashed by Rs 7 ahead of Union Budget
In a move set to impact the hospitality and commercial sectors, oil marketing companies have reduced the price of 19 kg commercial LPG cylinders by Rs 7, effective immediately.
Stage set for FM Sitharaman to present Budget 2025-26 tomorrow
The unveiling of the Economic Survey on Friday sets the stage for Finance Minister Nirmala Sitharaman to present the Union Budget for 2025-26 in Parliament on Saturday (February 1), which is expected to continue the government's policy of giving a big push to economic growth with equity.
States should boost biz reforms to generate higher incomes for citizens: Eco Survey
States should focus on business reforms on a priority basis to achieve buoyancies in some industrial or service sectors, the Economic Survey 2024-25 said on Friday.
Mamta Kulkarni's past haunts her, leads to expulsion from Kinnar Akhada
Actress Mamta Kulkarni, who ruled the 90s, has been expelled from the Kinnar Akhada. The designation of Mahamandaleshwar, which was given to the actress, has been revoked. The reason behind the same has been revealed to the actress’ past link to cinema, and her alleged criminal past.
Eco Survey suggests enhanced deregulation for MSMEs to boost growth
Faster economic growth is only possible if the Union and state governments continue to implement reforms that allow small and medium enterprises to operate efficiently and compete cost-effectively, said the Economic Survey 2024 on Friday.
Lifestyle choices, workplace culture key for mental well-being, productivity: Eco Survey
Lifestyle choices and workplace culture are critical for the mental well-being and thus, the productivity of the people in India, according to the Economic Survey 2024-25 on Friday.
Eco Survey: Demographic advantage, responsible approach position India to benefit from AI
With AI research and development currently concentrated in the hands of a few, very large companies that control the resources to erect high entry barriers, AI adoption in place of humans presents the risk of concentrating the benefits of automation.
Prez Murmu faces ‘repeated’ insults from Congress: Sonia Gandhi’s comments fuel backlash
The BJP was quick to condemn the remarks, calling them “derogatory” and accusing the Congress of disrespecting the President. BJP leaders said that Congress’s “feudal mindset” cannot accept that a tribal woman like Droupadi Murmu achieved the position of President of India.
India's farm sector has clocked robust growth on the back of govt schemes: Economic Survey
The agriculture sector in India has shown robust growth in recent years, averaging 5 per cent annually from FY17 to FY23, demonstrating resilience despite challenges, according to the Economic Survey 2024-25.
India a bright spot in global manufacturing despite persistent geo-political tensions: Eco Survey
The global manufacturing landscape has undergone significant shifts over the past decade and India has been one of the dynamic economies that gained a greater presence in the space gradually vacated by developed countries.
Nadda strongly condemns Sonia Gandhi’s ‘poor thing’ remark for President Murmu
BJP President and Union Minister J.P. Nadda has strongly condemned senior Congress leader Sonia Gandhi’s reference to President Droupadi Murmu as a "poor thing" while commenting on her address to Parliament.
India’s economy remains steady amidst global uncertainties: Economic Survey
India’s domestic economy remains steady amidst global uncertainties, driven by robust growth in the services sector, a rebound in agriculture, and the industrial sector picking up momentum on the back of rising private consumption, according to the Economic Survey tabled in Parliament on Friday.
Govt bullish on creating robust infra, private sector must reciprocate too: Eco Survey
The government has laid a special focus on infrastructure -- physical, digital and social -- in the last five years and those efforts would need to be supplemented with wholehearted acceptance of the need for public-private partnerships in infrastructure across the country, the Economic Survey 2024-25 said on Friday.