Nirmala Sitharaman

Industry leaders have largely welcomed the government’s emphasis on domestic manufacturing, customs duty exemptions, and sustainability-focused initiatives.

Budget 2025: The government granted Rs 12,100 crore to the oil marketing companies for liquified petroleum gas subsidy in the Union Budget 2025, compared to Rs 14,700 crore (RE) received for the fiscal 2024-25

There is a compelling need for further simplification of personal income tax, specifically in adopting a more streamlined three-slab system in place of the current complex structure, writes Mohandas Pai

Delivered a negative surprise to the defense sector

Budget 2025: Finance Minister Nirmala Sitharaman quoted from revered Telugu poet, playwright and social reformer Gurajada Appa Rao's poem in her Budget 2025 speech.

The other reforms, for reasons unknown to me, have been deferred, but will likely be introduced in the very near future, says Ex-IRDAI member

The central bank is to meet between February 6 and 8, 2025, and is expected to cut rates

Budget 2025: For 2024-25, the government allocated Rs 14,700 crore for total LPG subsidy to the OMCs, showed budget documents. The OMCs have been allocated Rs 12,100 crore for 2025-26 for LPG subsidy.

Nirmala Sitharaman's Budget bonanza for Bihar, which will go to polls later this year, has triggered the meme factory on social media with users generating humourous reactions.

Annexure D of the Budget Speech document says "ground installation for satellites including its spares and consumables" and "goods used in the building of launch vehicles and launching of satellites" have been reduced to zero.

Presenting the Budget for 2025-26, Finance Minister Nirmala Sitharaman reiterated the Centre's commitment to link its fiscal deficit glide path to debt-to-GDP ratio

The Vaitarna-JNPT section of the western corridor is the last leg of the project which was stuck due to shortcomings of the contractor, Tata Projects. The company was served a termination notice by DFCC in 2023, which was later revoked

The National Green Hydrogen Mission received Rs 600 crore, double of Rs 300 crore (RE) in FY25

The Finance Minister has proposed that startups incorporated by April 1, 2030 can avail tax benefits under Section 80-IAC of the Income Tax Act, provided they are eligible, extending the deadline by five years.

Check the full text of Nirmala Sitharaman's speech for Union Budget 2025

Rail minister Ashiwini Vaishnaw recently told Moneycontrol that safety will continue to be the big-ticket item for railways capital expenditure spending in 2025-26

A major boost for consumption will also come from indirect tax changes, notably from lowering of basic customs duties of mobile phone inputs.

The Union government has launched the PM Dhan Dhanya Krishi Yojana, a new initiative designed to enhance agricultural conditions in 100 districts that have low productivity, moderate crop intensity, and limited access to credit

The Finance Minister has announced measures to boost consumption along with incentives to enhance domestic manufacturing and export competitiveness, especially for MSMEs