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Thursday, August 28, 2025
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Budget 2023: Long-pending dam project in poll-bound Karnataka gets Rs 5,300 crore

CM Bommai thanks Sitharaman, PM for the allocation. Project envisages covering 2.25 lakh hectare of area in drought-prone districts Chikkamagaluru, Chitradurga, Tumkur & Davangere.

KYC process to be simplified, announces Finance Minister in Union Budget 2023

According to Nirmala Sitharaman, the procedure will adopt a ‘risk-based’ approach rather than the ‘one size fits all’ currently in practice.

Budget 2023: Health allocation puts focus on pharma research, collaborative R&D at ICMR labs

Total allocation for health and family welfare department stood at Rs 89,155 cr, about 0.34% higher than last year’s allocation of Rs 86,200 cr.

Budget 2023: Govt unveils one-time small savings scheme for women offering 7.5% interest rate

The maximum deposit amount has been kept at Rs 2 lakh and the scheme will have a partial withdrawal facility as well.

Govt cut funding on rural jobs scheme to Rs 600 billion in 2023-24, as per Budget 2023

The allocation is lower than the revised 894 billion rupees spending outlay for 2022-23, and the smallest since 2017/18.

Here’s what the experts say about Union Budget 2023

The budget proposal, in which the government will increase capital expenditure by 33% to Rs 10 trillion in the next fiscal year, was praised by industry experts.

New tax regime to fiscal deficit target — Highlights from Sitharaman’s Budget 2023 speech

Modi govt will target a budget deficit of 5.9% of GDP for 2023/24, Finance Minister said in her speech, compared to 6.4% for the current fiscal year.

Opposition counters ‘Modi’ slogans with ‘Bharat Jodo’ during Sitharaman’s Budget 2023 speech

The episode was evidence of Congress’ clear intention which is believed to be coming well-prepared to counter the Central government during the Budget session.

Govt announces 50 new airports, advanced landing grounds & helipads in Budget 2023

Union Budget holds much significance as the country is scheduled to have the next Lok Sabha election in April-May 2024.

PM Awas Yojana raised by 66% to Rs 79,000 crore, says Sitharaman in Union Budget

This is a significant increase considering Sitharaman, in the Budget 2022, had proposed an allocation of Rs 48,000 crore for Modi government’s Housing for All initiative.

On Camera

Severe Hyderabad internet outages make it an IT hub without the IT part

Many offices in Telangana have asked their employees to work from home because of heavy rainfall, but it has become impossible due to the internet outages.

‘Not just Russian oil, India tapped us along on trade deal,’ says US treasury secy Scott Bessent

New Delhi: The US is not worried about the rupee “becoming a reserve currency” given that it is at an all-time low versus the...

CDS on differences on theaterisation—views welcome, final call to be in nation’s best interests

The Navy has always been on board with the theaterisation plan, but the Air Force feels splitting up air assets into several theatre commands is futile & will tie up critical systems.

That Oval Office picture for ages deserves closer Indian reading, with a geopolitical lens

Putin sees this as a victory. Europeans have decided to deal with Trump on his terms for the sake of the larger Western alliance. We look at the lessons for us in India.