The Business Guardian - February 02, 2025

In this issue

February 02, 2025

Budget Allocates Rs 11.21 Lakh Crore Capex for 2025-26

Finance Minister Nirmala Sitharaman has allocated Rs 11.21 lakh crore for capital expenditure in the Union budget for 2025-26.

2 mins

Budget 2025: No Income Tax Up To Rs 12 Lakh

Union Finance Minister Nirmala Sitharaman on Saturday presented the Union Budget for fiscal year (FY) 2025-26, setting the stage for transformative economic reforms, and massive relief to taxpayers with a key focus on farmers, the poor, and middle class amongst others.

2 mins

KCC loan limit raised to Rs 5 lakh

Aimed at diversifying crops and attaining self-reliance or Atmanirbharta, the government is set to launch a six-year pulses mission, with a particular focus on tur, urad, and masoor.

1 min

Rs 1 Lakh Crore Urban Challenge Fund to Boost Cities

In a major push for urban development, the government announced the creation of an Urban Challenge Fund worth Rs 1 lakh crore in the Union Budget 2025 presented on Saturday.

1 min

Finance Minister Sitharaman Proposes ID Cards for Gig Workers

Finance Minister Nirmala Sitharaman, in her Budget speech today, announced that her government will provide ID cards to gig workers.

1 min

No income tax up to Rs 12 lakh

This move is expected to benefit 1 crore gig workers across the country.

1 min

Nifty Sensex Closes Flat on Budget Day, FMCG, Realty Stocks Rally

The Indian stock markets closed flat on Budget day after a highly volatile trading session, especially during the Union Budget speech by the Finance Minister.

1 min

Budget Will Boost Job Creation, Consumption: Piyush Goyal

Piyush Goyal, Union Minister for commerce, said the Budget 2025 will boost job creation encompassing all sectors, and it puts fresh impetus towards Viksit Bharat goal.

2 mins

Budget allocates Rs 11.21 lakh crore capex for 2025-26

India's defence exports reached a record Rs 21,083 crore (approximately USD 2.63 billion) in the financial year 2023-24, marking a 32.5 per cent increase from Rs 15,920 crore in the previous fiscal year.

1 min

Govt Unveils Financial Support Package For Dap Producers

In its first cabinet meeting for the new year 2025, the Prime Minister announced key measures for farmers with a special package for companies manufacturing DAP (Di-Ammonium Phosphate) fertiliser and giving financial assistance for DAP producers.

2 mins

Airlines Welcome Udan Network Expansion, Aviation Infra Plans

Airline operators have hailed the Union Budget 2025-26, with the government putting an additional thrust on the ever-growing domestic civil aviation sector.

1 min

ENDING THE TIPPING TRADITION: FAIRNESS FOR ALL

You’ve just had an excellent meal at a restaurant. The service was impeccable, the staff friendly and attentive. As you reach for your wallet to leave a tip, have you ever paused to wonder—why do we tip? Is it truly an expression of gratitude, or has it become a cultural habit that hides deeper inequalities?

4 mins

Role of digital literacy in fostering peace and justice

As India strives towards becoming a Viksit Bharat, the role of digital literacy has never been more critical.

3 mins

Ours Is A Continuous Journey Of Expansion In Indian Aviation Market: Air Asia's Paul Carroll

AirAsia focuses on expanding connectivity in India, offering affordable, high-quality travel options.

7 mins

UIBC-UC and Maharashtra Forge Strategic Partnership

In a significant step towards enhancing bilateral trade and investment, the UAE-India Business Council - UAE Chapter (UIBC-UC) and the Maharashtra Industrial Development Corporation (MIDC), Government of Maharashtra, have entered a strategic partnership, formalized through the signing of a MoU.

1 min

Adani Reports 9M FY25 Results: EBITDA Up 29 pc to Rs 12,377 Cr

Adani Enterprises Ltd (AEL), the flagship company of the Adani Group, reported a 6 per cent increase in revenue to Rs. 72,763 crore for the nine months, demonstrating steady growth across its portfolio for the quarter and nine months ended December 31, 2024.

2 mins

Assam Will Become One Of India's Top Performers: CM Himanta Biswa Sarma

On the 5th anniversary of the BTR Accord, Assam Chief Minister Himanta Biswa Sarma announced Rs 150 crores to build a new sports stadium in the Bodo region to support youth aspiring to excel in sports.

4 mins

Rupsi airport needs to perform better for tourism growth in BTR

Under the Udan scheme, the Government of India constructed Rupsi Airport in Kokrajhar district, Assam, to enhance connectivity and promote tourism in the Borderland Territorial Region (BTR). However, the airport has not been performing well, as over 30 flights have been cancelled in the last 60 days for various reasons, significantly impacting tourism in the region.

3 mins

We are shaping Bodoland into a thriving hub for sustainable trade: Pramod Boro

The Bodoland Territorial Region (BTR) has undergone a remarkable transformation in recent years. Previously associated with violence, insurgency, bomb blasts, and killings, the region is now making headlines for its rapid progress.

4 mins

Court Orders FIR Against SHO, Says Cops Engaged in Hate Crime

The Karkardooma Court has issued a directive mandating the registration of a First Information Report against the former Station House Officer of Jyoti Nagar Police Station, along with other implicated law enforcement officials, for their alleged participation in hate crimes during the 2020 Delhi riots.

1 min

SC Turns Down Plea for 'Urs' at Razed Shrine

The Supreme Court on Friday rejected a plea to hold the \"Urs\" festival from February 1 to February 3 at a dargah (Muslim shrine) in Gujarat's Gir Somnath district, which was demolished as part of a government drive to remove unauthorized constructions.

1 min

PIL Filed in Supreme Court for Safety Measures

Following the tragic stampede at the Mahakumbh in Prayagraj, UP, a PIL has been filed in the Supreme Court urging the implementation of safety protocols and guidelines for pilgrims.

2 mins

HC Sets Aside Financial Condition of Rs 2.5 Cr for Interim Bail of RAU CEO

The Delhi High Court on Thursday overturned the financial condition of Rs. 2.5 crore for interim bail imposed on Abhishek Gupta, CEO of RAU's IAS Study Circle, in relation to the tragic deaths of three UPSC aspirants at the institution's basement in Old Rajender Nagar in July 2024.

1 min

SC Issues Notice to Centre, BCI on Plea for Bar Council

The Supreme Court of India on Friday directed the Centre, the Bar Council of India, and other relevant authorities to respond to a Public Interest Litigation requesting the establishment of a Bar Council in Jammu & Kashmir.

1 min

Delhi Court orders release of Rs 92 lakh

The Patiala House Court in a significant ruling, ordered the release of Rs.92 lakh in favor of M/s Enviro Infra Private Limited concerning an arbitration dispute with Nagar Palika Nokha, Rajasthan.

1 min

SC Declines To Entertain PIL Against VIPs In Temples

The Supreme Court on Friday declined to entertain a PIL challenging the practice of charging an additional fee for 'VIP darshan' and the preferential treatment given to certain individuals at temples.

1 min

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The Business Guardian is a monthly business magazine published in India. It was launched in 2005 and is one of the most popular business magazines in the country. The magazine is known for its in-depth coverage of the Indian economy, as well as its insights from leading experts in the field. It covers a wide range of topics related to business, including:

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