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budget emphasises on governance, creating capacities and conditions suitable for best execution and implementation of its policies. It has laid the responsibility of future progress of the Indian economy on the large consumer population, the middle class, and the private sector. Tax slabs have been rationalised in personal income tax, increasing the purchasing power of consumers at large. The demographic dividend of our country along with emphasis on consumption seems like a step in the right direction over a medium to long term.

Kash Patel, recently appeared before the US Senate Judiciary Committee at Capitol Hill for his confirmation hearing as the prospective Director of the Federal Bureau of Investigation (FBI). If approved, the 44-year-old American lawyer and former federal prosecutor will be the first individual of Hindu and Indian American heritage to assume the FBI's leadership.

electric vehicle batteries, motors and controllers, electrolyzers, wind turbines, very high-voltage transmission equipment and grid-scale batteries.

World Trade Organization, the Chinese commerce ministry said on Sunday.

While many were talking about the need for interest rate cuts, the real issue at this point was the slowdown in consumption. The government has put money in the hands of people at the lower end of the income spectrum through tax reductions. This was the need of the hour and, in that context, it was the right budget for this stage of the economic cycle.

Borrowing is set at ₹11.5 lakh crore, ensuring that fiscal discipline is maintained without hampering growth. After a fiscal deficit peaking at 9.2% in FY21, it has steadily declined to 4.8% in FY24, driven by strong growth and fiscal discipline.

Intelligence Bureau (IB) has received Rs 3,893.35 crore in the Union Budget 2025-26, a nominal cut of Rs 72.80 crore as compared to the revised estimates for 2024-25.

Meta's chief information security officer Guy Rosen has given a stern warning to employees that anyone who leaks company information will be fired. Meta, the parent company of Facebook and Instagram, has said it will fire employees responsible for leaking internal information to the press, according to The Verge.

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.

Nirmala Sitharaman has just changed the prescription for economic growth to rely more on boosting consumption in a slowing economy rather than firing the capex engine with another double-digit hike. The impact of the shift was clearly visible on the stock market where beaten-down stocks from the consumption space suddenly became investor favourite while the good-old capex stocks were left reeling in losses. As against a flat Nifty, the FMCG index jumped 3% on Saturday, with stocks like Radico Khaitan, Godrej Consumer, United Spirits rallying up 10%. Supporting Sensex and Nifty were consumer-related stocks like ITC, Zomato, Trent, Tata Consumer and Asian Paints. On the other hand, capex-linked stocks like L&T, Siemens, etc were among the biggest losers on the Street.

Subscribe to enjoy similar stories. Online platforms such as Swiggy, Zomato, Amazon and Flipkart are likely to see increased interest for delivery-partner and warehouse-worker jobs as the Union Budget has proposed formalising the gig economy, industry executives told Mint.

Budget 2025: Looks like this year’s Union Budget has taken the internet by storm, and not just in the usual way. Finance Minister Nirmala Sitharaman has done something surprising with her tax announcements—leaving everyone laughing, comparing, and creating memes like never before.

Subscribe to enjoy similar stories. President Trump has repeatedly said he wants Palestinians in Gaza to move out of the devastated enclave and into neighboring Egypt and nearby Jordan. The Arab world is pushing back, ostensibly because it would undermine efforts to create a Palestinian state.

Priyank Kharge has expressed disappointment with the Central government's economic policies, terming them as 'Modinomics'.

«There is a little discontent among a lot of people, the common man, whether the left wing or the right wing, everybody feels something we are missing. Maybe this budget will open up something like that,» says Porinju Veliyath, Equity Intelligence India. What is it looking like? Could this be the big swing factor that could perhaps take the markets out of the kind of pain that we have been in? Porinju Veliyath: See, the market is going through some correction is fine, but cannot call it a huge pain.

V Anantha Nageswaran, Chief Economic Advisor, says there are some challenges in the path of India achieving 7% plus growth in FY26 is a significant and prolonged spillover from global market correction onto Indian markets. The other risk factor, once again, can be what happens to the monsoon, etc, and also whether hiring and compensation, etc, in the private sector continue to lag behind profitability growth. Those are all the risk factors that can make this estimate come towards the lower end of the range rather than towards the upper end of the range or even better than that. Is there a scope of overperforming? Is seven plus percent growth possible in FY26? V Anantha Nageswaran: Yes, indeed, it is possible. It all depends on the speed with which some of the global factors play out and also whether any significant spillover happens from global financial markets, etc. And, of course, as always, the monsoon will be critical as well, and the speed with which private sector is able to look at hiring and compensation practices afresh and if the deregulation agenda also gathers momentum, it will also influence sentiment in a positive way leading to more investments and more hiring, etc. So, there is scope for this number to be exceeded in reality in FY26.

wildlife presenter’s serious lesson on elephant biology took an unexpectedly comical turn when a mischievous bull elephant decided to snatch his hat—straight off his head!

National Conference Lok Sabha member from Srinagar Aga Ruhulla Mehdi said that the journalists in Kashmir were bribed, intimidated, summoned and arrested after August 5, 2019, so that the truth is suppressed and the world doesn’t know the ground reality.