Author: News Desk
Dubai has always been a popular destination for shoppers, especially those looking to purchase luxury items at lower prices. Thanks to its tax-free policies and strategic position as a global trading hub, the city attracts buyers from around the world, including many from India. Here are five items that are surprisingly cheaper in Dubai compared to New Delhi, India: Dubai’s allure lies in its tax-free policies, strategic location, and world-class shopping destinations. Its shopping festivals, luxurious malls, and bustling markets make it an ideal place to save on luxury items.
In the Union Budget 2025, Finance Minister Nirmala Sitharaman announced exciting plans to boost India’s tourism industry. These plans focus on developing the country’s top 50 tourist destinations, which will help attract both domestic and international visitors. By partnering with state governments, the government aims to improve infrastructure, create jobs, and showcase India’s rich cultural heritage. Let’s take a look at the key aspects of the tourism initiatives in the Budget 2025. Investment in Tourism for Growth and Jobs The government is focusing on tourism as a way to create jobs and improve infrastructure. They plan to invest in the…
Union Finance Minister Nirmala Sitharaman has made significant announcements regarding the Income Tax regime in her Union Budget 2025 speech. The biggest highlight is the introduction of a new tax structure, which provides significant relief to middle-class taxpayers and aims to boost economic growth by leaving more money in their hands. The new structure will substantially reduce taxes for the middle class, promoting increased household consumption, savings, and investments. With the general elections approaching, this reform is seen as a major move to gain the support of voters, especially in the face of mounting economic challenges. Key Features of the…
In the Union Budget 2025, Finance Minister Nirmala Sitharaman made significant announcements aimed at making essential medicines more affordable and accessible for the Indian population. A major focus of the budget was improving access to life-saving drugs, with steps designed to ease the financial burden on patients, especially those battling critical conditions such as cancer. The following are the key steps announced in the budget that directly impact the pharmaceutical sector and public health: 1. Inclusion of Life-Saving Drugs in Concessional Duty Slab One of the most crucial announcements was the inclusion of six life-saving drugs under the concessional 5%…
In the Union Budget 2025, India’s Finance Minister Nirmala Sitharaman announced a significant initiative aimed at supporting business owners, especially women and those from SC/ST categories. The new scheme will provide term loans of up to ₹2 crore for first-time borrowers from these groups, promoting inclusive economic growth and helping bridge the financial gap. Promoting Inclusive Economic Growth FM Sitharaman’s announcement emphasized the government’s commitment to the ‘Viksit Bharat’ vision, a developed India characterized by prosperity, education, and social well-being. As part of this vision, the government has introduced a scheme to assist 500,000 first-time entrepreneurs, including women and SC/ST…
With elections on the horizon, Bihar has been strategically prioritized in the Union Budget 2025, with several initiatives designed to stimulate economic growth, enhance infrastructure, and support the agricultural sector. Finance Minister Nirmala Sitharaman’s budget proposals include a range of provisions that could significantly impact the state’s development, with special attention to sectors like agriculture, food processing, and infrastructure. Makhana Board One of the most notable announcements for Bihar was the proposal to establish a Makhana Board. Makhana, also known as fox nuts, is a superfood with growing popularity both domestically and internationally. Bihar is one of the leading producers…
The 2025 Union Budget focuses on helping India’s startups and small businesses grow. Key steps like a ₹10,000 crore Fund for Startups and easier taxes are designed to support innovation and job creation. This article explains how these budget measures will boost startups and MSMEs in India. 1. New Fund of Funds (FoF) for Startups The Finance Minister, Nirmala Sitharaman, has announced an additional ₹10,000 crore for the Fund of Funds (FoF) to further promote startups in India. This fund is designed to provide financial support to emerging startups at different stages of their growth, from seed to expansion, and…
Union Finance Minister Nirmala Sitharaman once again made a bold fashion statement as she presented the Union Budget 2025. Known for her elegant saree choices on Budget Day, Sitharaman chose a saree with a beautiful Madhubani motif, symbolizing both her respect for India’s rich cultural heritage and her commitment to promoting traditional Indian art forms. A Saree that Speaks Volumes This year, Sitharaman wore a cream-colored saree featuring a gold border, paired with a contrasting red blouse. The saree was adorned with the vibrant and intricate Madhubani artwork, a traditional folk art from the Mithila region of Bihar. The motifs…
On February 1, 2025, Union Finance Minister Nirmala Sitharaman will present her eighth consecutive Union Budget. This sets a new record, making her the first finance minister in India to present eight straight Budgets. Her achievement brings her closer to the record of 10 Budgets held by former Prime Minister Morarji Desai, who presented Budgets over multiple terms. Sitharaman is also the first full-time woman finance minister in India’s history. She was appointed to the role in 2019 after Prime Minister Narendra Modi’s second term, and after his third term in 2024, she continued to hold the finance portfolio. Key…
Tata Consultancy Services (TCS) is establishing a 37-acre campus at Kochi’s Kinfra Electronics Manufacturing Cluster with an investment of ₹690 crore. The facility will focus on electronics R&D and IT/ITeS services, generating around 10,000 jobs. This highlights Kochi’s growing importance in technology and manufacturing. Expanding Workforce and Infrastructure TCS is also looking at office space in Kochi’s InfoPark for 5,000 employees. The Kerala government is assisting in this expansion while also working on increasing InfoPark’s capacity by 500 acres and growing the Kozhikode Cyberpark. Kochi Attracting Global Tech Giants Kochi’s tech ecosystem is thriving, with IBM recently launching its largest…