India Financial News

Finance Minister Nirmala Sitharaman's Budget 2025 stands out for its big tax benefits to the middle class, but several of her proposals will also impact different sectors positively. Below is a list of sectors, from EVs to shipping to insurance to footwear, which stand to gain from Sitharaman's proposals: Footwear and leather

Subscribe to enjoy similar stories. MUMBAI : A 10-year-long lobbying effort by the private equity and venture capital industry bore fruit on Saturday when finance minister Nirmala Sitharaman amended section 2 (14) of the Income Tax Act on “capital assets" to include alternative investment fund (AIF) investments in securities.

Subscribe to enjoy similar stories. Budget 2025-26 has placed emphasis on the backward integration of India’s electronic goods value chain and other capital-goods industries with a reduction in basic customs duty on components. Among the proposals are a reduction in the duty on open cells for television panels from 10%-15% to 5% and parts of open cells to from 2.5% to 0%.

Subscribe to enjoy similar stories. India’s middle class has reason to rejoice. Finance minister Nirmala Sitharaman has eased income tax burdens under the new regime across the board.

Subscribe to enjoy similar stories. Ever since India’s government set the goal of a Viksit Bharat by 2047, Union budgets have been bifocal. Massive outlays for an infrastructure build-up have been emblematic of this approach, designed to spur demand and multiply incomes during the year on one hand, while also acting as a long-term enabler of GDP expansion on the other.

Subscribe to enjoy similar stories. The government in its Union Budget for 2025-26 proposed raising the foreign direct investment (FDI) limit for India’s insurance sector to 100% from 74%—meeting a long-awaited industry demand. So why did the stocks of most Indian insurance companies end the day flat to negative? The simple reason for that being that well-established life insurance companies in India don’t need the expertise of foreign players through strategic stake sale any longer.

Subscribe to enjoy similar stories. India plans to become a developed economy by 2047.

Subscribe to enjoy similar stories. The government expects to bring in ₹47,000 crore through disinvestment and asset monetisation in FY26, which is lower than the ₹50,000 crore it expects to get in FY25, according to estimates in the Budget documents. The estimate, which has been categorised under 'miscellaneous capital receipts for FY26’ is higher than the revised estimate for FY25, which has been lowered to ₹33,000 crore, the documents revealed.

Subscribe to enjoy similar stories. Micro, small and medium enterprises (MSMEs) are the backbone of India’s economic structure, contributing nearly 30% to gross domestic product (GDP), 45% to exports and generating employment for over 75 million people. Despite their crucial role, MSMEs have long grappled with financing bottlenecks, infrastructural gaps and slow technological adoption.

Subscribe to enjoy similar stories. The Union Budget 2025, presented by finance minister Nirmala Sitharaman, introduces key measures to strengthen India’s middle class. According to estimates by PRICE, this segment—households earning between ₹6 lakh and ₹36 lakh annually at 2024-25 prices—comprises over 560 million people across 126 million households, making it a driving force behind consumption, investment, and innovation in the economy.

Subscribe to enjoy similar stories. The Union budget presented by finance minister Nirmala Sitharaman on Saturday can be framed against two major shifts in the Indian economy. First, the splendid economic recovery after the pandemic shock has begun to lose steam.

Subscribe to enjoy similar stories. Finance minister Nirmala Sitharaman presented the Union Budget for 2025-26 on Saturday. The Budget presents a chance for the government to show its intent on some of the burning issues of our times. In this four-part series, we use charts to illustrate how the Budget performed on 15 key concerns. Part 4 looks at income tax receipts, tourism, and the securities transaction tax. Each topic has a pair of charts—one presenting the context the Budget faced, and the other showing what Sitharaman delivered. Also read Part 1, Part 2 and Part 3. The importance of income tax: The number of income tax returns (ITRs) filed by taxpayers in India has rapidly increased in recent years, reflecting higher compliance.

Subscribe to enjoy similar stories. Finance minister Nirmala Sitharaman presented the Union Budget for 2025-26 on Saturday. The Budget presents a chance for the government to show its intent on some of the burning issues of our times. In this four-part series, we use charts to illustrate how the Budget performed on 15 key concerns. Part 3 looks at defence spending, trade, and India's Olympics dreams. Each topic has a pair of charts—one presenting the context the Budget faced, and the other showing what Sitharaman delivered. Also read Part 1 and Part 2. Defence priorities: India has the world’s fourth-largest military spending, and the defence ministry is one of the top ministries in terms of budget allocations.

Subscribe to enjoy similar stories. The 16th edition of the Sharjah Biennial, themed around “to carry", responds to the precarities of our times. Organised by the Sharjah Art Foundation, it is to be held between 6 February and 15 June.

Subscribe to enjoy similar stories. New Delhi: The Union Budget 2025 laid out a host of key pointers to make India’s technology economy self-reliant.

Subscribe to enjoy similar stories. Mint brings you a special edition of Budget 2025, containing key takeaways, how it impacts various sectors, who benefits and who doesn’t, what’s costlier and what’s cheaper, and the big Budget numbers you should know.

Imported jewellery, right from top brands like Tiffany, Bvlgari, Cartier and unbranded ones, will become cheaper following the reduction of import duty from 25% to 20% in Budget 2025.

tax collected at source (TCS). Finance Minister Nirmala Sitharaman on Saturday increased the threshold to collect tax at source (TCS) on remittances under RBI’s Liberalized Remittance Scheme (LRS) from Rs 7 lakh to Rs 10 lakh. She also proposed to remove TCS on remittances for education purposes, where the remittance is out of a loan taken from a specified financial institution.

Moody's Ratings said in response to the budget, retaining their growth forecast for the South Asian economy at 6.6% for next fiscal year.

Rehnaa Hai Terre Dil Mein, featuring R. Madhavan and Dia Mirza, premiered in theaters, it failed to achieve commercial success. However, as time passed, the movie gradually gained a devoted fan base. In the initial years following its release, audiences primarily expressed admiration for the film’s characters. However, as perspectives evolved, many began scrutinizing the problematic elements within the storyline.