budget

March 5, 2025 8:36 PM

India boosts R&D with ₹20,000 Cr investment, ranks 3rd in global startups

Union Minister Dr. Jitendra Singh highlighted India's rapid progress in research and innovation, announcing a ₹20,000 crore allocation for R&D in Budget 2025-26. Speaking at the Post-Budget Webinar on “Investing in Innovation,” he emphasized India’s emergence as a global leader in science and technology. Dr. Singh said that India now ranks 3rd globally in startups and scientific research, with the country’s position in the Global Innovation Index improving from 81st to 39th over t...

February 3, 2025 1:54 PM

Budget boosts consumption, fiscal prudence, capex: report

The Union Budget 2025–26 has been crafted as a bold move toward fiscal consolidation and long-term structural reforms, with the government keeping the fiscal deficit at 4.4% for FY26 while boosting capital spending by 10% to ₹11.2 lakh crore, according to a report by PL Capital on Monday. The report highlights that the Budget strikes a delicate balance, ensuring credibility in debt management without compromising growth. The government has not only provided for an increase in Capex but cen...

February 1, 2025 6:03 PM

Nifty, Sensex close flat on budget day amid volatile session; FMCG, realty stocks rally

Indian stock markets ended flat on Budget day after a highly volatile trading session, with FMCG and Realty stocks emerging as notable gainers. The session saw sharp movements during the Union Budget speech by Finance Minister Nirmala Sitharaman. The Nifty 50 index closed at 23,482.15, down by 26.25 points (-0.11 per cent), while the BSE Sensex settled at 77,505.96, gaining a marginal 5.39 points (+0.01 per cent). Market experts attributed the volatility to a Budget focused on consumption-led ...

February 1, 2025 12:41 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 poor. The Finance Minister announced the implementation of schemes to facilitate and scale up toy manufacturing, thereby giving a boost to the 'Make in India' campaign. She also revealed plans to establish a toy manufacturing ecosystem and clusters ai...