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Saturday, July 19, 2025
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Budget 2025 expands scope of agricultural schemes. Allocations don’t match

Centrality of the agriculture sector was highlighted both by the Chief Economic Adviser and the FM today. It is ironic then that the Ministry of Agriculture’s budget was slashed.

Modi govt rolls out rural prosperity programme, to work with states to make villages ‘poverty-free’

The programme aims to create jobs, support small farmers, empower rural women, expand skill training & reduce migration by promoting entrepreneurship & modernising agriculture.

Budget 2025 balances growth with fiscal prudence. Brings tax relief for middle-class

A key theme underlying both the Economic Survey and the Budget is to reduce the regulatory burden to improve the ease of doing business.

Welcome relief to middle class, but what about remaining 141 crore Indians?—Congress on budget

Congress's Chidambaram says BJP designed Union budget to appeal to middle class and poll-bound Bihar, slams 'cruelest cuts' in allocations for SC, ST, OBC and minorities.

‘Trust first, scrutinise later’— Budget 2025 shows govt is warming up to this idea

Govt remains steadfast in its belief that a taxpayer-friendly regime will ultimately drive long-term compliance and economic prosperity.

Govt announces centre for excellence in AI for education; 5 national centres for skilling

Sitharaman allocated Rs 500 crore in Budget for centre, which is part of wider effort to integrate AI into key sectors & strengthen technical & vocational education ecosystem.

Stock market sees muted reaction to Budget 2025. Sensex ends flat, Nifty down marginally

Though Sensex recovered by 0.01 percent at the end of the trading day, Nifty index stayed in the red, ending the day down 0.11 percent.

Union Budget: Customs duty changes on medicines, fabrics. Know what’s costlier, what’s cheaper

Union Budget 2025-26 features a range of duty exemptions and reductions across vital sectors, along with some increases aimed at fostering local production.

Govt rolls out Gyan Bharatam Mission to conserve 1 crore manuscripts

In Union Budget, FM Sitharaman also announced plans to set up a national digital repository of Indian knowledge systems (IKS) for knowledge sharing.

PPP thrust in Budget 2025 but breaking from trend capex for infra sector flat

Little headroom for capex as govt focus shifts to consumption; expects private sector to do some heavy lifting in infrastructure.

On Camera

Fauja Singh’s death shows Indian roads remain a national emergency—474 lives lost every day

Fauja Singh, 114, died after being hit by a speeding car. His death renews questions about India’s deadly roads, rising accidents, and poor traffic discipline.

India-US set to ink mini trade deal soon, reach understanding on agricultural & dairy products

Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.

Not just AK-203, India & Russia to jointly manufacture AK-19 and PPK-20 for domestic use and export 

India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.

Joys of Trumplomacy: India & the world are learning US President’s 99 moods and 1 goal

Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.