Page 32 - Latest Updates on Nirmala Sitharaman
Budget 2025 aims to foster public-private cooperation in infra sector
In her budget speech on Saturday, Finance Minister Nirmala Sitharaman made several announcements to give a push to various sectors, including infrastructure
 "Budget 2025 aims to foster public-private cooperation in infra sector")
PM Internship Scheme aims to provide exposure, not jobs: FM Sitharaman
As part of the Viksit Bharat initiative, announced in the July 2024 budget, the government launched a comprehensive internship scheme aimed at providing opportunities to 1 crore youth over five years
 "PM Internship Scheme aims to provide exposure, not jobs: FM Sitharaman")
Substantial increase in budget allocation to several states: Vaishnaw
According to Vaishnaw, when a comparison is drawn with 2009-2014, the average budgetary allocation for the next financial year 2025-26 is 27 times higher for Delhi, and 23 times for MP among others
 "Substantial increase in budget allocation to several states: Vaishnaw")
FM Sitharaman says no targets for rupee value, it is market-determined
The rupee has been falling in recent weeks, and on Monday touched an all-time low of 87.29 against the American currency
 "FM Sitharaman says no targets for rupee value, it is market-determined")
States must raise tax devolution concerns with Finance Commission: FM
The 16th Finance Commission, headed by Arvind Panagariya, has been tasked to make its recommendations available by October 31, 2025, covering an award period of 5 years
 "States must raise tax devolution concerns with Finance Commission: FM")
Budget 2025 boost, strong Q3 lift UPL share price 6% to 52-week high
UPL share price rose after a rating upgrade by Investec, which revised the stock's outlook to 'Buy' from 'Sell', alongside a strong performance in Q3FY25 and announcements from the 2025 Budget
 "Budget 2025 boost, strong Q3 lift UPL share price 6% to 52-week high")
Budget 2025: ME-Card announced for credit access to MSMEs; key features
To facilitate credit accessibility, Union Finance Minister Nirmala Sitharaman introduced a customised credit card scheme for micro enterprises registered on the Udyam portal
 "Budget 2025: ME-Card announced for credit access to MSMEs; key features")
Almost all of govt borrowing going for asset creation: FM Sitharaman
Sitharaman spoke on issues ranging from the theme of the Budget to income tax relief and challenging geopolitical environment
 "Almost all of govt borrowing going for asset creation: FM Sitharaman")
Budget 2025: Govt to develop top 50 tourist spots, streamline e-visas
The land for building key infrastructure in these destinations will be provided by states
 "Budget 2025: Govt to develop top 50 tourist spots, streamline e-visas")
Made sure we're ready for 'Make in India, for the world': FM Sitharaman
"The Prime Minister decided that we need to recognise the taxpayers and their contribution, and if there's a way in which we can reward them, we should. Yes, it will lead to consumption"
 "Made sure we're ready for 'Make in India, for the world': FM Sitharaman")
Budget 2025 LIVE: FM bets on tax cuts to spur growth; Oppn calls it 'election package for Bihar'
Union budget 2025-26 Live Updates: Modi govt has made some big announcements including changes in the new tax regime with taxpayers not having to pay any income tax on earnings up to Rs 12 lpa
 "Budget 2025 LIVE: FM bets on tax cuts to spur growth; Oppn calls it 'election package for Bihar'")
Budget is by the people, for the people, says FM Nirmala Sitharaman
The finance minister said the prime minister meets and listens to the voice of people from different sectors and industry leaders and responds to their needs
 "Budget is by the people, for the people, says FM Nirmala Sitharaman")
I-T relief fuels consumption Budget: FM focuses on agri, MSMEs, exports
FM Sitharaman targets FY26 fiscal deficit at 4.4% of GDP
 "I-T relief fuels consumption Budget: FM focuses on agri, MSMEs, exports")
FM cites India's fiscal discipline as key to Moody's unchanged ratings
Moody's Ratings on Saturday ruled out an immediate upgrade of India's sovereign rating despite the government's efforts to manage its finances prudently
 "FM cites India's fiscal discipline as key to Moody's unchanged ratings")
Rupee not depreciating against any currency other than $: FM Sitharaman
Indian rupee has been under pressure in the last few months but it continues to be the least volatile currency against the US dollar among its Asian and global peers
 "Rupee not depreciating against any currency other than $: FM Sitharaman")
Union Budget 2025: 9 out of 10 taxpayers will now pay zero income tax
In her post Budget press conference, Nirmala Sitharaman said that an additional one crore taxpayers will pay no tax post her announcement. Here's how
 "Union Budget 2025: 9 out of 10 taxpayers will now pay zero income tax")
Here's why after slashing taxes, India must now cut stifling red tape
Sitharaman has heeded the counsel of her advisers and announced a high-level committee for a review of all non-financial sector regulations, certifications, licenses, and permissions
 "Here's why after slashing taxes, India must now cut stifling red tape")
Best of BS Opinion: India's Budget menu: Bold flavours or comfort food?
Our Editorial comment and columnists dissect the Union Budget 2025 to see what makes it tick, and what doesn't
Budget at a glance: Here're the key numbers from Union Budget 2025
FM announced significant income tax cuts for the middle class and unveiled a blueprint for next generation
 "Budget at a glance: Here're the key numbers from Union Budget 2025")
Budget 2025: Investment, turnover limits for MSMEs hiked up to 2.5 times
Currently, over 1 crore registered MSMEs, employing 7.5 crore people and generating 36 per cent of our manufacturing, have come together to position India as a global manufacturing hub
 "Budget 2025: Investment, turnover limits for MSMEs hiked up to 2.5 times")