The 49 percent increase in allocation for border infrastructure and management likely to speed up the strengthening of the security grid in border regions.
If the idea that regulatory reform is critical has been accepted, the next step lies in arriving at a consensus on what constitutes meaningful regulatory reform.
Experts believe budget will boost consumption by providing income tax relief to the middle class. Despite this, govt expects total revenue to grow at twice the pace of expenditure.
Budget announced that India’s nuclear energy capacity, which is currently 8 GW, will develop to 'at least 100 GW by 2047', by promoting small modular reactors.
The biggest increase in defence allocation is in the pension category—it constitutes 23.60 percent of the total allocation and stands at Rs 1,60,795 crore.
Union Budget announcement aligns with Modi govt's continued focus on improving urban infrastructure for sustainable development of cities. Rs 10,000 crore proposed for 2025–26.
Ties between India & Maldives have improved throughout the second half of 2024, while New Delhi has promised more material support for Afghanistan after a high-level meeting in January.
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.
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.
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.
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.
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