This overall allocation for the financial year 2025-26 has increased by 3.3 per cent in comparison to the allocation of Rs 2,616.44 crore (BE) made during last year 2024-25.
India has firmly established itself as the third-largest startup ecosystem in the world, with over 1.57 lakh certificates issued by Department for Promotion of Industry and Internal Trade (DPIIT) for recognition of startups as of December 31, 2024.
With these reforms, the Narendra Modi government is aiming to achieve good governance for the people and economy, which primarily involves being responsive.
Talking to the newspaper, Nikhil Kumar, who works for a corporate mentioned that raising the tax threshold was a relief for him as earlier his income was under the taxable bracket, but he will no more have to worry about that.
The Union Budget proposals will re-energise the economy by uplifting the spirit of the middle class and encouraging the private sector to advance its investment plans as demand improves across sectors, FICCI president Harsha Vardhan Agarwal said on Saturday.
The Indian smartphone market’s wholesale revenue rose 9 per cent year-on-year (YoY) to hit a record high in 2024, a report said on Thursday.
Tata Consumer Products on Thursday posted a consolidated net profit of Rs 299.75 crore, with a 5 per cent decline on a YoY basis, for the third quarter (Q3) of the financial year 2024-25, against Rs 316 crore in the same period of the last fiscal.
L&T's revenue rose by 17 per cent at Rs 64,668 crore in Q3FY25, up from Rs 55,128 crore in Q3FY24, according to its stock exchange filing.
The Economic Survey 2024-25 said India’s GDP at constant prices grew by 6.7% and 5.4% in Q1 and Q2 FY25, respectively. This implied a real GDP growth of 6% in the first half of the current fiscal.
The Indian automotive sector, which contributes approximately 7 per cent to the country’s GDP, is likely to see 70 per cent workforce expansion in the second half of FY25, a report showed on Thursday.
