Page 36 - Nirmala Sitharaman

Dy CM DK Shivakumar urges Sitharaman to fund Bengaluru infra projects

Karnataka Deputy Chief Minister D K Shivakumar has written to Union Finance Minister Nirmala Sitharaman, requesting the inclusion of more infrastructural projects in Bengaluru in the upcoming Union Budget 2025-26 to reflect its status as the 'Silicon Valley of India'. The letter dated January 23 emphasised that, as a Member of Parliament representing Karnataka, Sitharaman must be aware that Bengaluru, with nearly 1.5 crore residents, urgently requires major infrastructure projects to sustain its growth and maintain its status as a leading technological hub. In his letter, Shivakumar highlighted key infrastructure projects for Bengaluru proposed by the state government that require financial assistance from the Centre. According to him, one of the crucial projects for the city is an underground vehicular tunnel. He mentioned that the East-to-West corridor, spanning 28.5 km from K R Puram Circle to Nayandahalli Junction on Mysore Road and estimated to cost approximately Rs 25,000 cro

FM participates in halwa ceremony, marking final stage of Budget 2025 prep

Finance Minister Nirmala Sitharaman on Friday participated in a traditional halwa' ceremony, marking the final stage for the preparation of Union Budget 2025-26 to be unveiled on February 1 in the Lok Sabha. The ceremony is a customary ritual in which traditional dessert halwa' is prepared and served to officials and staff members of the finance ministry who are involved in the preparation of the budget. It is organised in the basement of North Block, which houses the ministry in the national capital and is attended by the finance minister and other high-ranking officials. According to sources, the Finance Minister participated in the ceremony and also took a round of the Budget Press and reviewed the preparations besides extending her best wishes to the officials concerned. Sitharaman is going to present Budget 2025-26, the eighth straight budget in a row, on the backdrop of GDP growth moderating to 6.4 per cent in the financial year as against 8.2 per cent recorded in the previou

Union Budget 2025 Expectations highlights: Halwa ceremony to be held today in North Block

Union Budget 2025 Latest Updates: Catch all the latest developments related to Union Budget 2025 here

Budget 2025 Halwa Ceremony: All about this North block pre-budget tradition

The Central Secretariat's North Block will host the Halwa ceremony today, Jan 24. This marks the conclusion of the Union Budget preparation process and will be presided over by FM Nirmala Sitharaman

Union Budget 2025 Expectations highlights: Automotive sector calls for tax rebates, AI push

Union Budget 2025 Latest Updates: Catch all the latest developments related to Union Budget 2025 here

Union Budget 2025 expectations highlights: Finance sector calls for reduction in loan limits

Union Budget 2025 Latest Updates: Catch all the latest developments related to Union Budget 2025 here

India's budget likely to raise major subsidies by 8% to $47 bn in FY27

Indian Finance Minister Nirmala Sitharaman will present the national budget on Feb 1, amid slowing growth in Asia's third-largest economy and rising global uncertainties

Union Budget 2025-26: 25% income tax slab, higher rebate on the cards

The upcoming Budget may raise the rebate further, potentially making income up to Rs 10 lakh tax-free

Budget 2025: How does the new income tax slab differ from the old regime?

In Budget 2025, Finance Minister Nirmala Sitharaman is expected to retain the dual tax system, offering taxpayers the choice between the simplified new regime with lower rates & older one with deducti

Union Budget 2025 expectations highlights: Finance sector calls for investments on infra for growth

Union Budget 2025 Latest Updates: Catch all the latest developments related to Union Budget 2025 here

Budget 2025: Food, fertiliser, direct, indirect, interest subsidies decoded

All you need to know about government subsidies and what to expect in the upcoming Union Budget 2025, scheduled to be tabled on February 1 by Finance Minister Nirmala Sitharaman

Will Budget 2025 kickstart Indian manufacturing, drive GDP growth?

Focus on the manufacturing sector was among the primary suggestions made to the Finance Minister Nirmala Sitharaman during the pre-Budget consultations by a group of economists

Agri research needs big boost, has to be more focused, say experts

Studies show that agri research has the highest RoI among farm-linked activities. Will ICAR get more funds in the Budget?

Budget session 2025 to be held from Jan 31 to Apr 4: Check key dates here

President Droupadi Murmu will address a joint sitting of the Upper and Lower Houses on January 31, after which the Economic Survey will be tabled

FM Sitharaman meets Singapore president to discuss strategic partnership

Finance Minister Nirmala Sitharaman on Thursday called on Singapore President Tharman Shanmugaratnam and discussed Comprehensive Strategic Partnership during the bilateral meeting. "Honoured to meet with His Excellency the President of the Republic of Singapore @Tharman_S. India values its comprehensive strategic partnership with Singapore. This visit by the President will strengthen our bilateral relationship which marks its 60th anniversary," the Finance Minister said in a post on X. India-Singapore relations were elevated to Comprehensive Strategic Partnership during the visit of Prime Minister Narendra Modi to Singapore in September 2024. The president is accompanied by Chee Hong Tat, Second Minister for Finance and Minister for Transport. "The two leaders discussed #ComprehensiveStrategicPartnership between the two countries highlighting sectors such as #fintech, #digital technologies, #semiconductor ecosystem and #skill development. Both sides expressed confidence in expandin

Union Budget 2025 expectations updates: Govt should target Rs 11 trillion capital spend, says ICRA

Union Budget 2025 Latest Updates: Catch all the latest developments related to Union Budget 2025 here

Steel ministry seeks $1.7 bn from budget to help mills cut emissions

Finance Minister Nirmala Sitharaman will present the federal budget for the 2025-26 fiscal year on February 1

Union Budget 2025 updates: Medtech industry calls for standard GST rate

Budget 2025: Catch all the latest developments related to Union Budget 2025 here

Everything Rahul Gandhi says is in direction of breaking country: Nadda

Rahul Gandhi's remarks that "we are now fighting the BJP, the RSS and the Indian state itself" drew a sharp response from the BJP on Wednesday, with its president J P Nadda alleging that everything the Congress leader does or says is in the direction of breaking India and dividing the society. Finance Minister Nirmala Sitharaman asked what for the Congress and Gandhi carry a copy of the Constitution when the Leader of Opposition in Lok Sabha is using such a language. Nadda said on X that Gandhi has exposed his own party's "ugly truth", claiming that it is no secret that Gandhi and his ecosystem have close links with urban naxals and the deep state who want to "defame, demean and discredit" India. He said Gandhi's repeated actions have also strengthened this belief. Everything he has done or said has been in the direction of breaking India and dividing our society, Nadda alleged. Speaking at the inauguration of the new building of the Congress party's headquarters, Gandhi had said

FM Sitharaman criticises Rahul Gandhi over his remarks on RSS, BJP

Finance Minister Nirmala Sitharaman on Wednesday lashed out at Leader of Opposition in Lok Sabha Rahul Gandhi over his remarks that the Opposition is not only fighting BJP and RSS but also the "Indian state itself." She wondered why Gandhi has been carrying the Indian Constitution in his hand. "The LoP, who was sworn in by taking oath on the Constitution, is now saying, We are now fighting the BJP, the RSS and the Indian State itself, she said in a post on X. "So, @INCIndia and @RahulGandhi, what for are you carrying a copy of the constitution in your hand?," she wondered. Addressing party leaders after the inauguration of the Congress' new headquarters at 9A, Kotla Road here earlier in the day, Gandhi said, "Do not think that we are fighting a fair fight. There is no fairness in this. If you believe that we are fighting a political organisation called the BJP, that we are fighting a political organisation called the RSS, you have not understood what is going on. "The BJP and the