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Sunday, August 17, 2025
TopicBudget

Topic: budget

Don’t be too hopeful of major income tax relief in Budget as govt has fiscal constraints

Economists say other methods such as raising capital expenditure could work better to boost demand. 

Angela Merkel is losing her touch at the worst possible time

The German chancellor is within touching distance of a historic budget settlement that would underpin the recovery from Covid, but it is threatening to slip through her fingers.

Navy and govt discussing funding models like railways’ IRFC, Admiral Karambir Singh says

Admiral Karambir Singh says Navy will prioritise ordnance delivery, networking and unmanned solutions such as drones/UAVs with the resources that’ll be made available to it.

Only an ‘act of God’ can help Modi govt boost revenue

India’s fiscal outlook is the grimmest in at least three decades, and the challenges probably without precedent. Every option to boost revenue comes with a price tag.

Manmohan Singh told me weeks before 1992 Budget speech that he’d have to resign

In ‘Portraits of Power’, economist and former civil servant N.K. Singh writes about his decades of working with India’s top bureaucrats and prime ministers.

PVN Rao took everyone along, even nominated Subramanian Swamy to cabinet rank: Manmohan Singh

In a speech inaugurating the birth centenary celebrations of PV Narasimha Rao, former PM Manmohan Singh praised Rao’s economic reforms and his ability to take opposition into confidence.

India must allow armed forces to raise own finances. Defence budget will never be enough

India needs every penny during the Covid crisis. So, defence bureaucracy must let armed forces raise their own money and not divert all resources when events like Galwan occur.

Modi govt introduces Hindu, Sufi yatra circuits in J&K, total budget crosses Rs 1 lakh cr

Announcing the budget for the union territory of J&K, Finance Minister Nirmala Sitharaman said the circuits will help re-energise the tourism sector.

7 Congress MPs suspended from Budget session for ‘gross misconduct’

The Congress MPs had snatched papers off the Speaker's desk and scattered them while the House was in session.

Infosys’ Narayana Murthy’s son-in-law Rishi Sunak to present UK budget on 11 March

Sunak added that he would deliver the promises made to voters ahead of December's General Election won by the Conservative Party led by Prime Minister Boris Johnson.

On Camera

Postcards from Hyderabad—stories Europeans told about the city

For all their colonial underpinnings, postcards from Hyderabad also inadvertently preserve a trace of local memory: a glimpse of a street, a face, a forgotten name.

Navigating Trump’s tariffs is no child’s play. Indian toymakers are losing out on orders, enquiries

Indian toymakers are now exploring new markets, but they want govt to negotiate a trade deal with US soon, introduce incentives and subsidies to make the industry more competitive.

What is Project Sudarshan Chakra, announced by Modi from ramparts of Red Fort

The project is meant to be a ‘protective shield that will keep expanding’, the PM said. It is on the lines of the ‘Golden Dome’ announced by Trump, it is learnt.

War of IAF, PAF doctrines: As Pakistan obsesses over numbers, India embraces risk, wins

Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?