Tag Archives: Business news

NEW DELHI: Union finance minister Nirmala Sitharaman on Saturday proposed establishing a Makhana Board in Bihar. In her budget speech, she emphasised that the Union government’s focus would be on ‘garib, youth, annadata and nari’. Makhana (foxnuts) is widely produced and consumed in Bihar. “Makhana Board will be established in Bihar to improve production and processing of fox nut,” said …

The wait for budget is over, with the finance minister Nirmala Sitharaman set to present the Union Budget 2025-26 on Saturday. While the youth are hoping for job-creation initiatives, the salaried class is eagerly anticipating income tax relief.Taxpayers and industry stakeholders are eagerly anticipating major announcements on tax slabs, fiscal consolidation, and sectoral incentives.President Droupadi Murmu’s address to the joint …

Whilst the Budget is anticipated to focus on growth measures, analysts expect modest increases in capital expenditure. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, ended flat on Saturday after opening in the green during the special Budget 2025 trading session. Markets initially reacted positively, but volatility set in after finance minister Nirmala Sitharaman …

Amid continuing debate on how much emission countries need to cut to hit the Paris Agreement goal, the survey pointed at unfulfilled promises of rich nations on climate finance and said the “shortfall” may lead to a “reworking” of climate targets.The statement indicated developing nations may not opt for ambitious mitigation (emission reduction) goals during the current round of submitting …

NEW DELHI: High markup on electricity supplied to industrial consumers reduces global competitiveness of Indian industry, Economic Survey says, putting tariff reforms back into the spotlight.“Across states, industrial users can pay a 10-25% markup over the cost of electricity supply. Other countries impose lower rates for electricity use. For example, Vietnam sets the electricity sale price at 10% lower rate …

At a meeting held in Mumbai last week, LTIMindtree’s CEO designate, Venu Lambu, met with more than 50 senior leaders of the company, amid two senior executive departures. During the meeting, LTIMindtree chairman, SN Subrahmanyan, welcomed Lambu, who then shared his key priorities, including a sharper focus on growth and doubling down on its AI strategy.In a recent development, LTIMindtree …

Budget 2025 income tax expectations: In the interim, the Government could consider announcing its roadmap of phasing out the old income tax regime. By Ishita SenguptaBudget 2025 income tax expectations: As we all gear up for the Union Budget later this week, the big question for individual taxpayers is whether the Hon’ble Finance Minister will completely scrap the old tax …

It remains important to consider the potential impact of a US market downturn, considering past patterns. (AI image) Economic Survey 2024-2025: Is the Indian stock market headed for a meaningful correction in 2025? The Economic Survey 2025 tabled in Parliament ahead of Budget 2025 has pointed to risks for the Indian stock market in 2025, especially in light of possible …

Finance minister Nirmala Sitharaman tabled the Economic Survey for 2024-25 in both the Lok Sabha and the Rajya Sabha on Friday, following which, both Houses of Parliament were adjourned for the day.Going by tradition, the finance minister presented the pre-Budget economic review a day before unveiling the Union Budget for the next financial year, 2025-26.Economic growth expected to dip at …

Budget 2025 expectations: PM Modi’s mention of the middle class a day ahead of the Union Budget speech has left everyone wondering… Budget 2025 expectations: Prime Minister Narendra Modi addressed the media at the start of Parliament’s Budget session today. Finance Minister Nirmala Sitharaman will present the Union Budget 2025 on February 1, 2025.Interestingly, the Prime Minister invoked goddess Lakshmi …