Israel on Sunday (local time) announced the partial reopening of the Rafah border crossing between Gaza and Egypt in a limited, pilot capacity, marking the first such move since the crossing was seized by Israeli forces in May last year, Al Jazeera reported.
The Finance Minister noted that the economy faces global uncertainties, disrupted supply chains and rising demands for energy and critical minerals, necessitating resilient and forward-looking policy measures. Some of the key announcements of the budget were the public capital expenditure
The Union Budget's proposals to extend tax exemptions send a strong signal to global investors and significantly strengthen GIFT City's position as an international financial services hub, said Sanjay Kaul, Managing Director and Group CEO of GIFT City, following the Budget announcement by
Noting that critical minerals, rare earths, and permanent magnets are a very important part of manufacturing sector today, Union Minister Electronics and Information Technology has hailed the Union Budget's announcement of Rare Earth Corridors to support the mineral-rich states and said i
Union Finance Minister Nirmala Sitharaman, while presenting the Union Budget today, announced a series of transformative measures aimed at positioning India as a global hub for Medical Value Tourism (MVT) and strengthening the AYUSH ecosystem with a focus on quality, research, employment
Kerala Finance Minister K N Balagopal today said that budget was disappointing for Kerala in an election year, as the State had been expecting significant announcements like an AIIMS and high-speed rail corridors. He also expressed disappointment at the Centre's denial of a special packag
"What is announced for Kerala? Total disappointment for Kerala. For the last ten years, they have been promising to give AIIMS to Kerala. In this budget, there is no mention of the aims for Kerala," he said.
"Even with elections in mind, they have not announced anything for Tamil Nadu. They are not giving us anything, but then they want to mine rare earth from Tamil Nadu. It is a very disappointing budget," Kanimozhi said.
"The announcement of 7 new High-Speed Rail Corridors across India is welcome for the nation, but the glaring exclusion of Kerala is indefensible. We are a high-density state crying out for modern transit," he said.
Apart from the increased allocation, the central drug regulator has been strenghtened, a plan for building over 1,000 medical trial sites has been announced, and cancer medicines have been exempted from custom duties.