DDIndia Business: Economic Headlines & Updates

Business

February 1, 2025 3:40 PM

Union Budget: Key measures to bolster 1 crore MSMEs, 1.59 lakh startups

Union Finance Minister Nirmala Sitharaman on Saturday announced significant measures to bolster more than 1 crore registered micro, small, and medium enterprises (MSMEs), employing 7.5 crore people and generating 36 per cent of the country’s manufa...

February 1, 2025 3:19 PM

Union Budget 2025: FM Sitharaman announces duty revisions, goods to get cheaper and costlier

Finance Minister Nirmala Sitharaman, while presenting the Union Budget 2025-26, introduced a series of adjustments to basic customs duties (BCD) aimed at supporting domestic manufacturing, boosting exports, and easing costs for critical goods. The ch...

February 1, 2025 2:29 PM

Union Budget 2025-26: FM Sitharaman unveils modified UDAN scheme, boosts regional connectivity

In her presentation of the Union Budget 2025-26, Finance Minister Nirmala Sitharaman announced a significant push toward enhancing regional connectivity with the launch of a Modified UDAN scheme. The initiative will bring 120 new destinations into th...

February 1, 2025 2:01 PM

FM Sitharaman cuts fiscal deficit to 4.4 per cent of GDP

Finance Minister Nirmala Sitharaman on Saturday presented the Budget 2025-26 in Parliament which aims to give a big push to employment-led growth with its focus on the agricultural and rural sector, MSMEs, and exports, while sticking to the fiscal co...

February 1, 2025 1:24 PM

Budget 2025: FM proposes ID cards for gig workers, UPI-linked credit cards for street vendors

Finance Minister Nirmala Sitharaman, during her Budget 2025 presentation, announced a range of initiatives aimed at empowering gig workers and street vendors, signaling a continued push toward inclusive development. In a landmark move, the governmen...

February 1, 2025 12:44 PM

Tax booster for middle class: No income tax payable on income up to Rs 12 lakh

In a big boost to the Indian middle class, Finance Minister Nirmala Sitharaman on Saturday announced that there will be no income tax payable for incomes up to Rs 12 lakh, and Rs 12.75 lakh for salaried taxpayers (including standard deduction). In t...

February 1, 2025 12:44 PM

Budget 2025-26: FM Sitharaman announces measures to make India a global toy hub

Union Finance Minister Nirmala Sitharaman, presenting the eighth consecutive Budget of the NDA government, outlined a blueprint for a 'Viksit Bharat' and made key announcements focused primarily on four segments — women, youth, farmers, and the poo...

February 1, 2025 12:38 PM

Nirmala Sitharaman proposes Makhana Board in Budget 2025-26

In her Budget speech on Saturday, Finance Minister Nirmala Sitharaman proposed the formation of a Makhana Board in Bihar, aimed at supporting the state's prominent Makhana (foxnut) industry. Known for its nutritional value, Makhana is widely produced...

February 1, 2025 12:01 PM

Make in India booster: National Manufacturing Mission to be launched

Finance Minister Nirmala Sitharaman on Saturday announced a National Manufacturing Mission to further boost the 'Make In India' initiative across industries, as the country becomes a bright spot on the global manufacturing map. Presenting the Union ...

February 1, 2025 11:54 AM

Union Budget 2025-26 unveiled: Focus on growth, inclusive development, and economic strengthening

Finance Minister Nirmala Sitharaman on Saturday presented the Union Budget 2025-26, laying out a strategic framework aimed at accelerating economic growth, promoting inclusive development, and strengthening India’s position as a global economic lea...