Union Budget 2025-26 features a range of duty exemptions and reductions across vital sectors, along with some increases aimed at fostering local production.
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.
Calling the budget a roadmap for achieving Prime Minister Narendra Modi’s vision of Viksit Bharat, Jaishankar said it would strengthen Atmanirbhar Bharat & India’s global engagement.
Focusing on well-being of small & marginal farmers, boosting income levels through DBTs, launching crop-specific ‘missions’ are some of Modi govt's measures announced in Budget.
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 govt laid out a plan to make tourism a key sector for employment-led growth in India. FM Sitharaman announced a plan to develop 50 tourist destinations in the country.
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.
Durrani as NSA was a leap for Pakistan. No surprise that he didn’t even last a year in that job. He chafed after 26/11, seeing it as a deliberate Army/ISI betrayal.
New CPI series will take 2024 as base year, will provide more accurate measure of inflation, spending on digital services. Expected to enhance representation and reliability, says Saurabh Garg.
The agreement, signed after meeting between Rajnath and US Secretary of War Pete Hegseth on sidelines of ADMM-Plus in Kuala Lumpur, aims to deepen bilateral ties in the critical sector.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
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