Union budget 2025 Financial News

Union Budget 2025 approaches, a recent survey by Mudrex, a platform for crypto investments, shows that most Indian crypto investors want changes in the tax system. The findings indicate a strong demand for tax revisions, with the majority of participants advocating for lower rates and more flexibility in the taxation system for cryptocurrency investments.

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.

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.

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.

Union Budget 2025-26 has proposed further exemptions and reductions in customs duties on key minerals and capital goods, in a move to strengthen domestic manufacturing and the electric vehicle (EV) ecosystem.

Nirmala Sitharaman unveiled several key healthcare initiatives aimed at improving access to cancer treatment, expanding medical education, and supporting gig workers.

lithium-ion batteries, which industry stakeholders said, will help bring down production costs and enable development of a manufacturing ecosystem for zero-emission vehicles.

nuclear energy ambitions, the Finance Minister Nirmala Sitharaman announced plans to amend the Atomic Energy Act and the Civil Liability for Nuclear Damage Act, while presenting the Union Budget 2025.

Budget 2025: Toys have always held a special place in every child's heart, but finding ones that both kids and their parents are happy with can be a challenge. Good-quality toys often come with a hefty price tag, while cheaper alternatives may not meet the expectations. However, the Indian government has recognised the need for a change and is working towards transforming the toy sector into a global leader.

stock market will be open for a special trading session today, Saturday, February 1, 2025, as Finance Minister Nirmala Sitharaman presents the Union Budget for the fiscal year 2025-26. Both the National Stock Exchange (NSE) and the BSE confirmed in a circular issued earlier this week that trading will continue as per regular market hours. Market timings for Budget day On Budget day, the trading schedule will follow its usual timings. Pre-market trading will begin at 9:00 AM and run until 9:08 AM, after which equity market trading will take place from 9:15 AM to 3:30 PM.

Union Budget 2025 is significantly shaped by global factors, including the ongoing influence of Donald Trump. His stance on trade and international relations casts a large shadow over India's economic policies, especially as the country grapples with slowing GDP growth, rising inflation, and trade imbalances. The key challenge lies in balancing the need for fair trade relations with the US while ensuring India’s manufacturing sector remains competitive and doesn't face the brunt of any tariffs or restrictions imposed by the US.

₹9.5 lakh crore for FY 2023-24, and the budgeted expenditure on interest payments was at 30.4% of the nation's revenue expenditure in FY24.The global rating agency S&P Global upgraded India's sovereign credit rating outlook to ‘positive’ from ‘stable’ in May 2024.The Economic Survey projected that India would grow at the rate of 6.5 to 7% of real GDP growth due to the improving balance sheet of the country's private sector, the estimated increase in goods and services export, normal rainfall forecast by IMD, and structural reforms in the economy.On the Inflation front, the report said that India managed to keep retail inflation at 5.4% in FY24, the lowest since the Covid-19 pandemic period. However, the food inflation hit 7.5 per cent in FY24, compared to 3.8 per cent in FY22.The report also outlined the focus outlook for the year, with increasing oilseed production, improving pulses production, focusing on storage facility for vegetables, and price monitoring data for essential food items, among other things.Economic Survey 2025 Live: The Economic Survey is an analysis report of India's growth prepared by the Economic Division of the Department of Economic Affairs (DEA).

Subscribe to enjoy similar stories. The budget often deals with short-term problems and there are several of those relating to energy that we need to attend to urgently. The biggest is our concern for energy security to make India as much as possible aatmanirbhar to reduce our dependence on imported fossil fuels, much of which we import--85% of oil, 50% of gas and almost 20% of coal.

Union Budget 2025 is set to significantly impact India's energy sector, with anticipated policy enhancements aimed at promoting sustainable growth. The focus is expected to be on accelerating renewable energy, green hydrogen initiatives, tax reforms, and the evolution of e-mobility and energy storage solutions.

As Finance Minister Nirmala Sitharaman gears up to present the first comprehensive budget of the Modi 3.0 government on February 1, the nation anticipates a roadmap for transformative growth. The Union Budget 2025-26 is expected to outline a strategic economic vision for the next five years, focusing on fiscal stability, reigniting domestic demand, boosting exports, attracting private investments, and refining tax structures to foster innovation and sustainable expansion.

Union Budget 2025-26 imminent in February 2024, the real estate sector -as always — has significant expectations. In light of slightly lower housing market activity in the latter part of CY 2024, the industry hopes for government interventions, especially for affordable housing.

Union Budget 2025 begins, former Tech Mahindra CEO and industry veteran CP Gurnani has emphasised the need for a focus on upskilling initiatives and computing infrastructure. Talking with PTI, Gurnani highlighted that India's technology exports are approximately USD 250 billion and enhanced government support in skilling and upskilling initiatives is needed to be successful.

Bitcoin and cryptoassets in the US, have nearly cemented digital assets as a mainstream financial asset class. Emerging markets too are increasingly embracing cryptoassets to modernize their financial systems. Amid this global momentum, India finds itself at a pivotal juncture, uniquely positioned to be a significant part of, and even lead, the global digital asset economy. Despite regulatory uncertainty and the risks involved, India is today a global Web3 powerhouse, contributing around 11% of the world’s Web3 developer base and ranking as the second-largest developer market globally. Indian founders now account for 5.4% of all Web3 startups worldwide, spearheading innovation across AI, DePIN (Decentralized Physical Infrastructure Networks), and scaling solutions.

Union Budget: India’s deep tech ecosystem stands at a cornerstone of explosive growth fueled by the synergy of cutting-edge science and entrepreneurial zest to craft solutions for complex global challenges. Deep Tech spans Artificial Intelligence/ Machine Learning, Internet of Things (IoT), Blockchain, Big Data & Analytics, Augmented Reality/ Virtual Reality (AR/VR), Robotics, 3D printing, Drones, and beyond.

Union Budget 2025 Expectations Live Updates: Anticipation is running high among industry stakeholders and citizens as we get nearer to Finance Minister Nirmala Sitharaman's Budget announcement. From ordinary taxpayers, to tech, healthcare, insurance, and finance sectors, hopes are high for income tax cuts, GST sops and other initiatives.

Union Budget should continue the focus on increasing productivity and creating apt infrastructure for ensuring steady growth in the agriculture sector and increasing rural income.