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Sunday, August 24, 2025
TopicUnion Budget

Topic: Union Budget

The Budget’s ‘middle-class bonanza’ is a myth. Most Indians won’t feel the impact

For India to sustain strong economic growth, policymakers must go beyond optics and tax cuts. Only then will the “middle-class bonanza” translate into real economic momentum.

Not just spending, share of defence in budget declined over past decade, shows PRS analysis

Defence spending saw an annual increase of 9 percent between 2013-14 & 2025-26, a PRS analysis, published on 4 Feb, showed. In FY 2025-26, Centre allocated Rs 6,81,210 cr to the MoD.

Replace red tape with ‘red carpet’ for investors—with light-touch but useful regulation

Rules for consumer-facing services, such as cab aggregators, need to be reviewed to ensure both drivers and passengers are treated fairly.

How cancer daycare centres promised in Budget 2025 aim to ease treatment costs, access

Cancer care in India is marked by barriers of access & disparities in availability of quality care. Daycare centres at district hospitals could save patients up to Rs 10,000 cr annually.

USIBC calls for deeper reforms & roadmap, including for nuclear, following Budget 2025

US-India Business Council praises focus on nuclear energy & critical minerals but stresses need for clear private-sector roadmaps & streamlined regulatory approvals for long-term success.

ThePrint panel breaks down the hits and misses of Union Budget 2025-26

The discussion with ICRA's Aditi Nayar, Grant Thornton Bharat's Rishi Shah & EY India's Samir Kanabar will offer expert insights on fiscal policies, economic growth, and taxation.

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.

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.

Modified UDAN to cover 120 new airports in 10 yrs, Bihar to get greenfield airports

Centre cuts down the budget allocation for the Ministry of Civil Aviation from Rs 2,658.68 crore allocated in the revised budget for 2024-25 to Rs 2,400.31 crore for 2025-26.

On Camera

India-China conflict began in 1947, not 1962 war. Its lessons still haunt New Delhi

Indian political leaders will have to prepare their public for the prospect of concessions India never really held—just as Chinese leaders must admit Arunachal Pradesh and Ladakh were never theirs.

New insolvency frameworks to shorter timelines, how 2025 amendment bill proposes to transform IBC

New bill aims to fix key issues with IBC 2016, including delays & patchy implementation, and protect creditors, with window for genuine promoters to retain control of their companies.

India and France to jointly develop and manufacture 120 kN engine for homegrown AMCA

The new engine, set to be developed over the next 10 years, will power the second tranche of Advanced Medium Combat Aircraft. First set will be equipped with GE 414 engines.

That Oval Office picture for ages deserves closer Indian reading, with a geopolitical lens

Putin sees this as a victory. Europeans have decided to deal with Trump on his terms for the sake of the larger Western alliance. We look at the lessons for us in India.