After 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with ...More

After 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered India's economic landscape, from the sweeping GST to the bold move of demonetisation. His tenure has also witnessed pivotal constitutional shifts, notably the revocation of Article 370, which has reshaped regional dynamics. ...Less

International mutual funds are leading in returns, driven by global markets and currency gains. However, ...More

International mutual funds are leading in returns, driven by global markets and currency gains. However, Indian investors face hurdles due to overseas investment limits imposed by the RBI. Experts advise continuing existing SIPs but caution against new investments. Investors are exploring alternative routes like LRS and GIFT City for global diversification as fund houses restrict inflows. ...Less

Chinese tech giant Tencent is boosting India's gaming sector through strategic partnerships with SEPC and ...More

Chinese tech giant Tencent is boosting India's gaming sector through strategic partnerships with SEPC and GDAI. The company aims to bring world-class gaming experiences to India while nurturing local developer talent and global expansion opportunities for Indian studios. This initiative aligns with India's growing AVGC sector needs. ...Less

International funds have delivered up to 50% returns in one year, supported by a global tech rally, rupee ...More

International funds have delivered up to 50% returns in one year, supported by a global tech rally, rupee depreciation, and strong earnings. But with fresh subscriptions halted due to RBI’s overseas investment limits, experts say investors should stay invested, rebalance if allocation has risen sharply, and avoid chasing short-term returns. ...Less

Small businesses supplying the government are seeking relief from contract penalties. They want the Centr ...More

Small businesses supplying the government are seeking relief from contract penalties. They want the Centre to invoke force majeure due to global supply chain issues stemming from the Gulf war. This mirrors measures taken during Covid-19. The government is examining these requests. Exporters are also receiving support through schemes and extended credit periods. ...Less

Despite the government’s TReDS push, experts say the RBI’s move to ease onboarding lacks clarity as credi ...More

Despite the government’s TReDS push, experts say the RBI’s move to ease onboarding lacks clarity as credit ratings continue to be a key bottleneck, limiting MSME participation. ...Less

In her Budget last year, finance minister Nirmala Sitharaman took a pragmatic approach by announcing no c ...More

In her Budget last year, finance minister Nirmala Sitharaman took a pragmatic approach by announcing no changes in personal income tax rates but levying an additional surcharge on the super rich. ...Less

Nearly 50 coal blocks will be offered immediately on revenue-sharing basis. ...More

Nearly 50 coal blocks will be offered immediately on revenue-sharing basis. ...Less

Recent reductions proposed in Budget 2025 in customs duties will lower the costs of imported goods. Jewel ...More

Recent reductions proposed in Budget 2025 in customs duties will lower the costs of imported goods. Jewelry, furniture, MacBook Pros, motorcycles, sofas, historic memorabilia, lighting fixtures, and solar panels will all see significant price drops. However, interactive flat display panels will become more expensive, with customs duty increasing from 10% to 20%. ...Less

Nirmala Sitharaman announces slew of economic measures to stimulate consumer demand ...More

Nirmala Sitharaman announces slew of economic measures to stimulate consumer demand ...Less

FDI limit in defence production through automatic route has been increased to 74% from 49%, while private ...More

FDI limit in defence production through automatic route has been increased to 74% from 49%, while private sector participation has been allowed in space exploration as part of structural reforms that were announced for a variety of sectors including mineral mining, civil aviation and atomic energy. ...Less

Finance Minister Nirmala Sitharaman also announced additional capital spending and Rs 12,000 crore, 50-ye ...More

Finance Minister Nirmala Sitharaman also announced additional capital spending and Rs 12,000 crore, 50-year interest-free loan to states to boost the economy that has been battered by the pandemic and the resulting lockdown. ...Less

The Union Budget 2026-27 brings good news for individuals importing goods. Finance Minister Nirmala Sitha ...More

The Union Budget 2026-27 brings good news for individuals importing goods. Finance Minister Nirmala Sitharaman announced a significant reduction in customs duty. The tariff rate on all dutiable goods imported for personal use will now be 10%, down from 20%. This move aims to simplify the duty structure and ease the financial burden on citizens. ...Less

Finance Minister Nirmala Sitharaman announced a Rs 500 crore fund for Manipur to establish a contingency ...More

Finance Minister Nirmala Sitharaman announced a Rs 500 crore fund for Manipur to establish a contingency fund. This comes as the state continues to recover from nearly two years of ethnic conflict and recent violence. The government remains committed to the faster economic recovery and restoration of law and order in the region. ...Less

Sitharaman announced formal clearance of Rs 269.05 crore for supervisory technology fund for IT infrastru ...More

Sitharaman announced formal clearance of Rs 269.05 crore for supervisory technology fund for IT infrastructure and Rs 200 crore for headquarter building, the Ministry of Finance said. ...Less

Finance Minister Nirmala Sitharaman announced that credit guarantee cover for micro and small enterprises ...More

Finance Minister Nirmala Sitharaman announced that credit guarantee cover for micro and small enterprises will double from Rs 5 crore to Rs 10 crore in Budget 2025, unlocking an additional Rs 1.5 lakh crore in credit over the next five years. Technological upgrades and better access to capital will also be prioritized to support MSME growth. ...Less

The first instalment of the mega package today focussed on the revival of the MSME sector. ...More

The first instalment of the mega package today focussed on the revival of the MSME sector. ...Less

The Union Finance Minister, Smt. Nirmala Sitharaman announced Mahila Samman Saving Certificate, a new sma ...More

The Union Finance Minister, Smt. Nirmala Sitharaman announced Mahila Samman Saving Certificate, a new small savings scheme for women and girls, in her Budget Speech 2023-24. ...Less

In the Union Budget 2025-26, Finance Minister Nirmala Sitharaman announced an increase in the cost norms ...More

In the Union Budget 2025-26, Finance Minister Nirmala Sitharaman announced an increase in the cost norms for nutritional support programs like Saksham Anganwadi and Poshan 2.0. These initiatives provide nutritional assistance to over 8 crore children, 1 crore pregnant and lactating women, and 20 lakh adolescent girls, particularly in aspirational districts and the northeastern region. The enhancement in cost norms aims to strengthen these programs further. ...Less

Budget 2024: Finance Minister Nirmala Sitharaman unveiled the Critical Mineral Mission in Budget 2024, fo ...More

Budget 2024: Finance Minister Nirmala Sitharaman unveiled the Critical Mineral Mission in Budget 2024, focusing on domestic production, recycling, and overseas acquisition of critical minerals. The mission aims to address challenges of dependence on China for these minerals. Customs duty on key minerals reduced to support energy transition and strategic sectors. ...Less

The FM in Budget Speech 2021 said the policy for the same will be announced separately. The fitness of pe ...More

The FM in Budget Speech 2021 said the policy for the same will be announced separately. The fitness of personal vehicles will be checked after 20 years and those of commercial vehicles after 15 years, to get off roads old polluting ones. ...Less

Finance minister Nirmala Sitharaman also announced to set up 75 digital banking centres in 75 districts b ...More

Finance minister Nirmala Sitharaman also announced to set up 75 digital banking centres in 75 districts by scheduled commercial banks. ...Less

Finance minister Nirmala Sitharaman announced the 'Purvodaya' plan targeting Bihar, Jharkhand, West Benga ...More

Finance minister Nirmala Sitharaman announced the 'Purvodaya' plan targeting Bihar, Jharkhand, West Bengal, Odisha, and Andhra Pradesh for infrastructure, human resource development, and economic opportunities. The initiative aims to make the eastern region a growth engine for 'Viksit Bharat', leveraging its cultural endowments and emphasizing BJP's electoral focus. Specific details remain pending. ...Less

Nirmala Sitharaman announced a slew of waivers and relaxations in compliance and deadlines. ...More

Nirmala Sitharaman announced a slew of waivers and relaxations in compliance and deadlines. ...Less

"Expansion of Supreme Court building: The provision is for implementation of the central sector project e ...More

"Expansion of Supreme Court building: The provision is for implementation of the central sector project expansion of the Supreme Court building," reads the relevant part of the budget speech. ...Less

The Union Budget 2026 proposes significant reduction in the Tax Collected at Source (TCS) for overseas to ...More

The Union Budget 2026 proposes significant reduction in the Tax Collected at Source (TCS) for overseas tour packages. The TCS rate on international travel will now be a flat 2%, down from the previous 5% and 20% rates, making foreign trips more affordable for Indian citizens. ...Less

The government plans to run a Kisan rail through PPP model for transport of perishable goods. ...More

The government plans to run a Kisan rail through PPP model for transport of perishable goods. ...Less

In August 2021, finance minister Nirmala Sitharaman announced the Rs 6 lakh crore-NMP over four years to ...More

In August 2021, finance minister Nirmala Sitharaman announced the Rs 6 lakh crore-NMP over four years to unlock value in infrastructure assets across sectors. ...Less

Taxpayers can breathe easy as income tax slabs remain unchanged for FY 2026-27. The Income-tax Act, 2025, ...More

Taxpayers can breathe easy as income tax slabs remain unchanged for FY 2026-27. The Income-tax Act, 2025, effective April 1, 2026, brings no alterations to existing tax brackets. Both the old and new tax regimes will continue with their current structures. ...Less

With promotion of exports and enhancement of domestic manufacturing in focus, Finance Minister Nirmala Si ...More

With promotion of exports and enhancement of domestic manufacturing in focus, Finance Minister Nirmala Sitharaman on Wednesday announced a rejig in custom duties on various commodities and products. ...Less

Finance Minister announced amalgamation of ten public sector banks into four big banks. ...More

Finance Minister announced amalgamation of ten public sector banks into four big banks. ...Less

The FM announced a slew of measures to ease the burden on the poor who will be hit hard by the lockdown. ...More

The FM announced a slew of measures to ease the burden on the poor who will be hit hard by the lockdown. ...Less

The interest rate on loans from banks under this scheme would be capped at MLCR plus 2 per cent. ...More

The interest rate on loans from banks under this scheme would be capped at MLCR plus 2 per cent. ...Less

"157 new nursing colleges will be established in co-location with the existing 157 medical colleges estab ...More

"157 new nursing colleges will be established in co-location with the existing 157 medical colleges established since 2014," Sitharaman announced. ...Less

Finance Minister Nirmala Sitharaman announced incentives to enhance maintenance, repair and overhaul acti ...More

Finance Minister Nirmala Sitharaman announced incentives to enhance maintenance, repair and overhaul activities in the aviation and shipping sectors during the budget speech, aiming to support the growth of India's domestic aviation market. The government plans to extend the period for export of goods imported for repairs to one year and increase the time-limit for re-import of goods for repairs under warranty to five years.. Additionally, a 5 per cent uniform Integrated Goods and Services Tax (IGST) rate on all aircraft and aircraft engine parts has been implemented to streamline taxation in the industry. ...Less

Public sector banks have three months to build up their portfolios to be eligible for the extended Partia ...More

Public sector banks have three months to build up their portfolios to be eligible for the extended Partial Credit Guarantee Scheme (PCGS 2.0), which will be based on actual amounts disbursed within this period, according to guidelines released by the finance ministry on Thursday. ...Less

Union minister Dharmendra Pradhan said that he is confident that in times ahead, eastern India, especiall ...More

Union minister Dharmendra Pradhan said that he is confident that in times ahead, eastern India, especially his home state of Odisha will become the epicentre of prosperity and a key driver of India's future economic growth. Presenting the Union Budget for 2024-25, Finance Minister Nirmala Sitharaman, announced that the government will formulate a plan for the all-round development of Bihar, Jharkhand, West Bengal, Odisha and Andhra Pradesh. ...Less

Finance Minister Nirmala Sitharaman announced an allocation of Rs 5.5 crore for the 'CIC and RTI' as comp ...More

Finance Minister Nirmala Sitharaman announced an allocation of Rs 5.5 crore for the 'CIC and RTI' as compared to Rs 9 crore allocated in the Budget for 2018-19. ...Less

Sitharaman said the programme will include a network of 23 tele-mental health centres of excellence, with ...More

Sitharaman said the programme will include a network of 23 tele-mental health centres of excellence, with NIMHANS being the nodal centre and International Institute of Information Technology-Bangalore (IIITB) providing tech support. ...Less

Public and privately held Indian firms can now list their shares on the International Financial Services ...More

Public and privately held Indian firms can now list their shares on the International Financial Services Center at Gujarat International Fin-Tec City, Finance Minister Nirmala Sitharaman announced at a briefing Friday. ...Less

Finance Minister Nirmala Sitharaman announced in the Union Budget 2024-25 an allocation of Rs 1.48 crore ...More

Finance Minister Nirmala Sitharaman announced in the Union Budget 2024-25 an allocation of Rs 1.48 crore for education, employment, and skilling. She announced that the focus will be on MSMEs and the middle class. She announced the extension of the PM Garib Kalyan Anna Yojana for five years to benefit 80 crore citizens. She emphasisied the importance of supporting the poor, women, youth, and farmers to propel India towards robust development and prosperity under the Modi government's leadership. ...Less

Sitharaman said six PSU banks have already been brought out of the PCA framework. ...More

Sitharaman said six PSU banks have already been brought out of the PCA framework. ...Less

FM said Rs 65,000 crore is being provided to ensure adequate availability of fertilisers to farmers and t ...More

FM said Rs 65,000 crore is being provided to ensure adequate availability of fertilisers to farmers and to enable timely accessibility of fertilisers in the upcoming crop season. ...Less

Union Budget 2025: This initiative is expected to drive innovation in the education sector. In 2023, the ...More

Union Budget 2025: This initiative is expected to drive innovation in the education sector. In 2023, the government had announced the establishment of three centres of excellence in AI focused on agriculture, healthcare, and sustainability, aiming to advance research and practical AI applications in these sectors. ...Less

India Budget: Finance Minister Nirmala Sitharaman, in the Union Budget 2025, announced an increase in the ...More

India Budget: Finance Minister Nirmala Sitharaman, in the Union Budget 2025, announced an increase in the Kisan Credit Card limit to Rs 5 lakh, benefiting 7.7 crore farmers. The government will also enhance credit guarantee for MSMEs and introduce customized credit cards for micro-enterprises. Export-oriented MSMEs can avail term loans of up to Rs 20 crore. ...Less

The government relaxed its fiscal glide path in the last Budget at a time when revenues were squeezed and ...More

The government relaxed its fiscal glide path in the last Budget at a time when revenues were squeezed and expenditure went up. It has kept a target of a 4.5% fiscal deficit by FY26. ...Less

Finance Minister Nirmala Sitharaman added that this will be helpful especially for farmers and senior cit ...More

Finance Minister Nirmala Sitharaman added that this will be helpful especially for farmers and senior citizens in the rural areas enabling interoperability and financial inclusion. ...Less

Finance secretary Tuhin Kanta Pandey assured taxpayers there will be no additional taxes or compliance bu ...More

Finance secretary Tuhin Kanta Pandey assured taxpayers there will be no additional taxes or compliance burdens in the new income tax bill expected to be tabled next week. The bill will include changes announced in the budget, such as income tax rates and TDS provisions, aiming to simplify understanding and reduce litigation, replacing the old Income Tax Act. ...Less

Revenue secretary Ajay Bhushan Pandey has said the new tax regime would lessen scrutiny, lessening paperw ...More

Revenue secretary Ajay Bhushan Pandey has said the new tax regime would lessen scrutiny, lessening paperwork for taxpayers. “Scrutiny should come down in the new tax regime,” Revenue Secretary Ajay Bhushan Pandey told ET. ...Less

Union Budget 2026: Finance Minister Nirmala Sitharaman announced measures to boost exports. Duty-free imp ...More

Union Budget 2026: Finance Minister Nirmala Sitharaman announced measures to boost exports. Duty-free imports for leather inputs will be allowed. Parts for microwave ovens will be exempt from customs duty. Fifteen archaeological sites will be developed. Exporters will get an extended period for final product exports. The government will also support the manufacturing of assistive devices. ...Less

Sitharaman announced that the government for will come up with policy interventions for development of ma ...More

Sitharaman announced that the government for will come up with policy interventions for development of maintenance, repair and overhaul in India. ...Less

On Monday, finance minister Nirmala Sitharaman announced a voluntary vehicle scrapping policy, to phase o ...More

On Monday, finance minister Nirmala Sitharaman announced a voluntary vehicle scrapping policy, to phase out old and unfit vehicles. “This will help in encouraging fuel-efficient, environment-friendly vehicles, thereby reducing vehicular pollution and oil import bill,” Sitharaman said. ...Less

Finance minister Nirmala Sitharaman announced that more Tejas trains are on the cards to connect iconic t ...More

Finance minister Nirmala Sitharaman announced that more Tejas trains are on the cards to connect iconic tourist destinations. Electrification of 27,000 km of tracks is also planned. ...Less

Union Budget 2025 Key Highlights: Finance Minister Nirmala Sitharaman presented the first full Budget of ...More

Union Budget 2025 Key Highlights: Finance Minister Nirmala Sitharaman presented the first full Budget of Modi 3.0, focusing on economic growth and fiscal discipline. Amid expectations of tax relief for individuals and businesses, the Finance Minister announced Modi government financial agenda for the next financial year 2024-25. ...Less

Finance Minister Nirmala Sitharaman today announced four mega-mergers, comprising of 10 PSB banks. ...More

Finance Minister Nirmala Sitharaman today announced four mega-mergers, comprising of 10 PSB banks. ...Less

She said the grant does not cover the actual cost of vaccine and distribution expenses, which will be mad ...More

She said the grant does not cover the actual cost of vaccine and distribution expenses, which will be made separately as and when the vaccine is available. ...Less

Interim Budget 2024: A new scheme will be launched to strengthen deep tech for the defence sector, Financ ...More

Interim Budget 2024: A new scheme will be launched to strengthen deep tech for the defence sector, Finance Minister Nirmala Sitharaman said. Presenting the interim Budget 2024-25, Finance Minister Nirmala Sitharaman also said the government will promote public and private investment in post-harvesting agriculture activities. ...Less

Dividend distribution tax (DDT) is the tax levied on the dividend paid by a company to its shareholders. ...More

Dividend distribution tax (DDT) is the tax levied on the dividend paid by a company to its shareholders. ...Less

Presenting the Union Budget 2023-24, Sitharaman said that the measures aimed to improve basic facilities ...More

Presenting the Union Budget 2023-24, Sitharaman said that the measures aimed to improve basic facilities - including safe housing, clean drinking water and sanitation - as well as improved access to health, education, nutrition, road and telecom connectivity and sustainable livelihood opportunity. ...Less

The Nifty Realty index was up 0.8 per cent. ...More

The Nifty Realty index was up 0.8 per cent. ...Less

State-owned Bank of India's Atanu Kumar Das said pump-priming private investment as laid out in the budge ...More

State-owned Bank of India's Atanu Kumar Das said pump-priming private investment as laid out in the budget proposals will lead to multiplier effects across all segments of the real sector. ...Less

FM Nirmala Sitharaman announced ₹1.5 lakh crore 50-year interest-free loans for states collaborating on r ...More

FM Nirmala Sitharaman announced ₹1.5 lakh crore 50-year interest-free loans for states collaborating on reforms. The Special Assistance outlay increased by ₹20,000 crore. States must reduce stamp duties, property duties for women, and engage in key land, labor reforms, including rural land administration, to enable durable asset creation through zero-interest loans. ...Less

In her 7th Union Budget on Tuesday, Finance Minister Nirmala Sitharaman announced shrimp farming support ...More

In her 7th Union Budget on Tuesday, Finance Minister Nirmala Sitharaman announced shrimp farming support via NABARD. Apex Frozen Foods surged 8.2% to Rs 271.95 on NSE; Avanti Feeds, Waterbase also rose. Apex exports Vannamei shrimp to developed markets. Waterbase uses advanced technologies; Avanti focuses on seafood products. All shares rose on the announcement. ...Less

The development comes a day after Finance Minister Nirmala Sitharaman announced removal of duty on import ...More

The development comes a day after Finance Minister Nirmala Sitharaman announced removal of duty on import of camera lens, which is one of the key unique selling propositions of Galaxy S series smartphones. ...Less

The allocation to the tribal affairs ministry has increased 12.3% to ₹8,451.92 crore over the budget esti ...More

The allocation to the tribal affairs ministry has increased 12.3% to ₹8,451.92 crore over the budget estimate of ₹7,524.85 crore for the previous fiscal. The jump is 36.7% compared to the revised estimate of ₹6,181.3 crore. Finance minister Nirmala Sitharaman announced a new scheme - Venture Capital Fund for Scheduled Tribes (STs). ...Less

The Pradhan Mantri Ujjwala Yojana got a boost in the budget for 2021-22, with finance minister Nirmala Si ...More

The Pradhan Mantri Ujjwala Yojana got a boost in the budget for 2021-22, with finance minister Nirmala Sitharaman announcing addition of 10 million beneficiaries during the year to the government’s flagship scheme under which cooking gas connections are given free of cost to women of below poverty line (BPL) families. ...Less

The searches commenced before FM Nirmala Sitharaman announced the amalgamation in August, bringing down t ...More

The searches commenced before FM Nirmala Sitharaman announced the amalgamation in August, bringing down the total number of state-run banks to a dozen from 27 in 2017. ...Less

Textile stocks surged up to 9% during the special Budget session on Saturday after Finance Minister Nirma ...More

Textile stocks surged up to 9% during the special Budget session on Saturday after Finance Minister Nirmala Sitharaman unveiled a five-year mission to boost cotton productivity. Ambika Cotton Mills soared 9% to Rs 1,630, while KPR Mills gained nearly 4%. Vardhman Textiles and Arvind also rallied, rising 2% and 4%, respectively, following the announcement. ...Less

Asian Development Bank (ADB) is likely to make an initial investment of Rs 1,000 crore into the GIFT City ...More

Asian Development Bank (ADB) is likely to make an initial investment of Rs 1,000 crore into the GIFT City fintech hub to equip fintech firms with skill development tools, new technology and resource mobilisation. ...Less

Finance Minister Nirmala Sitharaman today announced approval of a 3-km long bridge at an estimated cost o ...More

Finance Minister Nirmala Sitharaman today announced approval of a 3-km long bridge at an estimated cost of Rs 3,094 cr in Guwahati along with inauguration of the RTPS portal. ...Less

30 skill India international centers will also be set up across various states to make youth capable of e ...More

30 skill India international centers will also be set up across various states to make youth capable of exploring international opportunities. ...Less

“5G technology in particular can offer job opportunities and growth. The required spectrum auctions will ...More

“5G technology in particular can offer job opportunities and growth. The required spectrum auctions will be conducted in 2022 to facilitate roll out of 5G mobile services within 2022-23 by private telecom operators,” Sitharaman said. ...Less

Ashley Menezes, Partner and COO, ChrysCapital and Head - Regulatory Affairs, IVCA, told PTI that the sett ...More

Ashley Menezes, Partner and COO, ChrysCapital and Head - Regulatory Affairs, IVCA, told PTI that the setting up of an expert committee to address the regulatory and other friction issues being faced by the PE industry is most welcome and much-needed step announced by the Finance Minister. ...Less

The rupee was up 45 paise or 0.64 per cent at 70.88 against the greenback. ...More

The rupee was up 45 paise or 0.64 per cent at 70.88 against the greenback. ...Less

The first set of measures focussed on relief to MSMEs, NBFCs, power discoms among others. ...More

The first set of measures focussed on relief to MSMEs, NBFCs, power discoms among others. ...Less

The government has listed the Securities Markets Code Bill 2025 for the upcoming Winter session of Parlia ...More

The government has listed the Securities Markets Code Bill 2025 for the upcoming Winter session of Parliament. This unified code aims to merge key securities laws, including the Sebi Act, Depositories Act, and Securities Contracts (Regulation) Act. Experts anticipate it will enhance ease of doing business, reduce compliance costs, and boost the credibility of government borrowings. ...Less

The government on Saturday cut excise duty on petrol by a record Rs 8 per litre and that on diesel by Rs ...More

The government on Saturday cut excise duty on petrol by a record Rs 8 per litre and that on diesel by Rs 6 per litre to give relief to consumers from high fuel prices that have also pushed inflation to a multi-year high. ...Less

"The major reasons cited for India's growth prospects in FY25 include robust public investment/ capex pus ...More

"The major reasons cited for India's growth prospects in FY25 include robust public investment/ capex push by the government, sustained growth in business and consumer confidence, and strong services sector, among others," industry body PHDCCI said in a statement quoting Sensarma. ...Less

"Till date, REC and PFC (Power Finance Corporation) have sanctioned Rs 1.08 lakh crore and released nearl ...More

"Till date, REC and PFC (Power Finance Corporation) have sanctioned Rs 1.08 lakh crore and released nearly Rs 30,000 crore to discoms under the scheme," REC said in a statement. ...Less

So far, the Centre has dipped into PM-CARES fund to place orders for vaccines developed by Bharat Biotech ...More

So far, the Centre has dipped into PM-CARES fund to place orders for vaccines developed by Bharat Biotech and Serum Institute of India. Apart from this, the finance ministry had sanctioned a package of ₹480 crore for states to meet operational expenses to roll out the vaccine. ...Less

The Union Budget aims to bolster home-grown accounting and advisory firms by integrating Income Computati ...More

The Union Budget aims to bolster home-grown accounting and advisory firms by integrating Income Computation and Disclosure Standards into Indian Accounting Standards, eliminating separate ICDS requirements from tax year 2027-28. Finance Minister Nirmala Sitharaman also proposed rationalizing the definition of accountant for Safe Harbour Rules to support this vision and attract foreign investment. ...Less

Budget 2026: The Union Budget gives a significant boost to traditional wellness systems, with plans to tr ...More

Budget 2026: The Union Budget gives a significant boost to traditional wellness systems, with plans to train 1.5 lakh caregivers for yoga and Ayurveda services. Three new Ayurveda institutes will be set up, along with ten new allied health disciplines to train one lakh professionals. In addition, three new pharmaceutical education institutes and a network of 1,000 clinical trials have been proposed, underscoring the focus on healthcare skills and research. ...Less

Finance Minister Nirmala Sitharaman announced a renewed push for private sector participation in large in ...More

Finance Minister Nirmala Sitharaman announced a renewed push for private sector participation in large infrastructure projects. Each infrastructure-related ministry will create a 3-year project pipeline for public-private partnerships. An Urban Challenge Fund of Rs 1 lakh crore will also be set up to finance projects, with private sector support being encouraged through various initiatives and support schemes. ...Less

Earlier in the Union Budget Finance minister Nirmala Sitharaman announced that two public sector banks wo ...More

Earlier in the Union Budget Finance minister Nirmala Sitharaman announced that two public sector banks would be privatised this financial year. ...Less

Finance Minister Nirmala Sitharaman announced raising the FDI limit in the insurance sector from 74% to 1 ...More

Finance Minister Nirmala Sitharaman announced raising the FDI limit in the insurance sector from 74% to 100%, boosting shares of major insurers like HDFC Life and SBI Life. The move aims to attract more foreign investments, support the rupee, and enhance insurance penetration in India. Experts believe it will foster innovation and improve risk management in the sector. ...Less

ANI sources said that Congress president Mallikarjun Kharge is expected to spearhead the presentation of ...More

ANI sources said that Congress president Mallikarjun Kharge is expected to spearhead the presentation of this 'Black Paper', aiming to provide a contrasting narrative to the government's assessment and offer their perspective on the past decade of governance. ...Less

The Narendra Modi government had announced the mega merger in August last year. ...More

The Narendra Modi government had announced the mega merger in August last year. ...Less

Budget Highlights 2023: Union Finance Minister Nirmala Sitharaman on Wednesday presented the Union Budget ...More

Budget Highlights 2023: Union Finance Minister Nirmala Sitharaman on Wednesday presented the Union Budget 2023. In the last full-fledged Budget before the general elections next year, Sitharaman said that the Indian economy is on the right path and heading towards a bright future. This Budget is the first in Amrit Kaal, FM said. ...Less

Finance Minister Nirmala Sitharaman announced a Maritime Development Fund with a corpus of Rs 25,000 cror ...More

Finance Minister Nirmala Sitharaman announced a Maritime Development Fund with a corpus of Rs 25,000 crore to support the maritime industry. By 2030, this fund aims to generate up to Rs 1.5 lakh crore investment. Additionally, customs duty exemption and revamped Shipbuilding Financial Assistance Policy will promote domestic shipbuilding and international trade. ...Less

The focus will be on boosting Digital Public Infrastructure to help overcome non-tariff barriers, particu ...More

The focus will be on boosting Digital Public Infrastructure to help overcome non-tariff barriers, particularly for MSME exporters, says FM Nirmala Sitharaman. ...Less

Senior spokesperson of the party Anand Sharma said the country believed that Prime Minister Narendra Modi ...More

Senior spokesperson of the party Anand Sharma said the country believed that Prime Minister Narendra Modi was serious when he made the "dramatic" announcement of giving 10 per cent of the GDP as a package to revive the economy and support workers and migrant labourers, and that expectations had soared. ...Less

The scheme will come with a gross budgetary support of Rs 1.2 lakh crore over five years will be result-o ...More

The scheme will come with a gross budgetary support of Rs 1.2 lakh crore over five years will be result-oriented where the distribution companies will invest first and get money later, he said. Singh also said a group of ministers headed by home minister Amit Shah has cleared the National Tariff Policy that would soon be sent to the Union cabinet for consideration. ...Less

It is expected that tea estate population would be provided a more comprehensive coverage on welfare sche ...More

It is expected that tea estate population would be provided a more comprehensive coverage on welfare schemes related to housing, education, sanitation, medical facilities, said Indian Tea Association. ...Less

The support is expected to give fresh momentum to the project, some phases of which have been pending for ...More

The support is expected to give fresh momentum to the project, some phases of which have been pending for approval for the last two years. The allocations have been made for Phase IIA and IIB projects covering a length of 58 km. While the Phase IIA passes along Bengaluru’s tech corridors of Outer Ring Road from Silk Board to KR Puram, Phase IIB line connects KR Puram and Airport. ...Less

A sizable issue given a huge appetite in the market would fetch lower interest rates. ...More

A sizable issue given a huge appetite in the market would fetch lower interest rates. ...Less

Budget 2026: Finance Minister Nirmala Sitharaman announced seven new high-speed rail corridors in the bud ...More

Budget 2026: Finance Minister Nirmala Sitharaman announced seven new high-speed rail corridors in the budget 2026-27, including routes connecting major cities like Mumbai, Pune, Hyderabad, Chennai, Delhi, and Varanasi. The government also plans to establish the East West Dedicated Freight Corridor, building on existing projects and aiming for greater indigenisation in future bullet train development. ...Less

Union Budget 2024 Cheaper Costlier List: Finance Minister Nirmala Sitharaman announced customs duty cuts ...More

Union Budget 2024 Cheaper Costlier List: Finance Minister Nirmala Sitharaman announced customs duty cuts on gold, silver, platinum, and other items. Key changes include reduced duties on mobiles, cancer drugs, and certain minerals, while telecom equipment and plastic products will cost more. The new tax regime will increase the standard deduction for salaried employees and raise capital gains exemptions for some assets. ...Less

The meeting of the central board, held in Chandigarh, came a day after Finance Minister Nirmala Sitharama ...More

The meeting of the central board, held in Chandigarh, came a day after Finance Minister Nirmala Sitharaman announced setting up of a panel to recommend legislative changes to ensure better governance at cooperative banks. ...Less

Finance minister Nirmala Sitharaman announced in the budget that “Knowledge Translation Clusters” would b ...More

Finance minister Nirmala Sitharaman announced in the budget that “Knowledge Translation Clusters” would be set up across different technology sectors, including new and emerging areas. ...Less