India is on the cusp of a nuclear energy revolution, with the Union Budget 2025-26 setting a bold target of 100 GW nuclear capacity by 2047. Through strategic investments, legislative reforms, and public-private partnerships, the government aims to position nuclear power as a key pillar of energy security and sustainability....
India is making a decisive push towards industrial self-reliance with the launch of the National Manufacturing Mission, unveiled in the Union Budget 2025-26. With manufacturing contributing only 16-17% to GDP, far below global benchmarks, this initiative aims to scale up domestic production, reduce import dependency, and integrate India into global...
Union Finance Minister Smt. Nirmala Sitharaman presented the Union Budget 2025-26 on February 1, outlining the government’s roadmap for accelerating growth, fostering inclusivity, and strengthening India’s position as a global economic powerhouse. With total expenditure set at ₹50.6 lakh crore and net tax receipts estimated at ₹28.4 lakh crore, the...
Finance Minister Nirmala Sitharaman unveiled the the first Union Budget 2024-25 of Prime Minister Narendra Modi’s third term. Key points include a new income tax structure, a 4.5% fiscal deficit target for FY25, and changes to customs duties on gold, silver, and telecom equipment. The budget focuses on nine areas...
Finance Minister Ms Nirmala Sitharaman recently convened a critical meeting with economists to strategize for the upcoming budget. As discussions spanned across crucial areas like driving private investment, creating new jobs, and managing fiscal resources, one topic sparked discussions: the growing use of artificial intelligence and its potential impact on...
Union Finance Minister Nirmala Sitharaman presented the 2024-25 Budget on February 1 ahead of the upcoming general elections. The Interim Budget has prioritized initiatives for youth and women empowerment, maintaining fiscal consolidation and sustaining capital expenditure. Additionally, the Finance Minister announced an 11.1% increase in the capital expenditure outlay for...
Industry associations have submitted suggestions to the Finance Minister to keep the positive momentum going for the electronic segment under Union Budget 2023-24. The association has urged the government to reduce tax slabs on certain items and increase in budgetary allocation for SPECS. Photo Source: Shutterstock New Delhi, Jan 19:...
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