This is expected to help over 180 govt-recognised space technology startups in India. Govt aims to enhance space sector development 'by 5 times in the next 10 years'.
Sitharaman also announced an initiative for increased connectivity to rural habitations, and introduced an interest subsidy to facilitate affordable housing loans.
Urban development among nine priority areas in this year’s budget. Since 2014, Centre has been implementing land reforms in rural areas. Now, it aims to do so in urban areas.
Govt raised tax rate for equity investments held for less than one year to 20% from 15% and for shares held for more than 12 months to 12.5% from 10% in the budget.
The bill mandates employers to have 50% local candidates in management roles & 75% in non-management roles. Industry players say 'don't understand' how you can execute something like this.
Rajasthan Dy CM & Finance Minister Diya Kumari also announced ‘one state, one election’ and allocation of Rs 13 cr to be spent on celebrating festivals ‘with full joy and devotion’.
The incidence of GST is higher on the poor than rich. The public would be better off pushing for faster timelines for this rather than making plaintive appeals for income tax reductions.
The Viability Gap Funding scheme aims to support installation and commissioning of 1 GW of offshore wind energy projects — 500 MW each off the coasts of Gujarat and Tamil Nadu.
A report by Centre for Social and Economic Progress & analysis by ThePrint finds India’s healthcare spending as a share of total spending has been falling since 2017-18.
One analyst noted that Trump’s tariff on India signals a clear shift from Washington’s earlier view of New Delhi as a friendly partner to a strategic adversary.
India’s industrial output growth saw a 10-month low in June, with Index of Industrial Production (IIP) growing by mere 1.5% as against 1.9% in May 2025.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
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