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Budget 2023: Tourism promotion in ‘mission mode’ — Unity Malls, ‘package’ development of 50 sites

States to set up ‘Unity Malls’ with objective of promotion & sale of ‘1 district, 1 product’, GI & handicraft. Amount allocated to tourism ministry same as last time, at Rs 2,400 cr.

Budget 2023: Modi govt puts focus on upgrading skills & tech, 3 new AI centres to come up

Education Ministry has been allocated Rs 1,12,899.47 cr — up by 8% from last yr — and FM has announced launch of PM Kaushal Vikas Yojana 4.0 to skill lakhs of youth within next 3 yrs.

Modi govt’s target to achieve 4.5% fiscal deficit for FY26 could see some risks, says Moody’s

Earlier in a statement, the rating agency said the narrower fiscal deficit underscores the Modi government's commitment to longer-term fiscal sustainability.

Budget 2023: Fiscal deficit to meet 6.4% target in FY23, aim for 5.9% in FY24, says Sitharaman

In her budget speech, Sitharaman said her govt was committed to bringing down fiscal deficit to 4.5% by 2025-26 and pegged economic growth at 7% in the current fiscal.

Budget 2023: Rs 2.40 lakh crore for Railways to boost expansion — highest outlay since 2013

The overall allocation to the sector increased from last year’s Rs 1.4 lakh crore. Slew of initiatives like addition of new lines, doubling rail lines announced.

‘Hum do, Humare do,’ Shatrughan Sinha’s dig at Modi govt’s new income tax regime

The TMC leader alleged that the Union Budget 2023 presented in Parliament Wednesday has nothing special for the middle class.

Centre has only ‘fooled’ Bihar over special package, says Deputy CM Tejashwi Yadav

Yadav also told reporters that Union Budget 2023 was ‘small' & lacked 'any detailing.’

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.

On Camera

What Trump-Harris result could mean for India in key areas, from geopolitics to trade & immigration

India cannot be blasé about change in any important capital in the world. Let's look at five key areas where US policy matters for India and how it may vary between Harris and Trump.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

Rifles slung upside down, on ponies. Indian troops go on their 1st patrol in Depsang since 2020

Troops patrolled up to Patrolling Point (PP) 10 on Monday. Though there are PP 10, 11, 12, 12A & 13 in Depsang Plains, it was decided that only one or two PPs would be patrolled.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.