The technical textiles market in India, worth USD 29 billion in 2023-24, is set for significant expansion, fuelled by Budget 2025's increase in Basic Customs Duty (BCD) on knitted fabrics and tax breaks for textile machinery, according to Rubix Data Sciences, an analytics services provider.
Income tax relief provided for in the Budget coupled with RBI repo rate cut put together will boost recovery in consumption in the economy, asserted Finance Minister Nirmala Sitharaman.
New Delhi [India], February 7: Jindal Nuclear Power Private Limited (Jindal Nuclear) part of the Naveen Jindal Group, and a wholly owned subsidiary of Jindal Renewables, one of India's leading green energy companies, has announced an ambitious plan to contribute 18GWe to India's nuclear powe
Mumbai (Maharashtra) [India], February 6: The Union Finance Minister announced the Union Budget for 2025 on 1st February. Commenting on the Budget, Bhadresh Dodhia, Chairman, MATEXIL (Manmade and Technical Textiles Export Promotion Council), stated, "The Budget is Positive, Pragmatic, Growth
Delhi NCR [India], February 6: The Union Budget 2025 has set the stage for sustained economic momentum, with significant allocations for infrastructure, tax reforms, and urban transformation. For the real estate sector, it brings both opportunities and areas for further contemplation. While
In a post on X, Shah said under the leadership of Prime Minister Narendra Modi, the railway network of Gujarat, along with the entire country, is witnessing a golden period of development and expansion and the Union Budget2025-26 will further accelerate this journey of progress.
New Delhi [India], February 4: The Union Budget's emphasis on infrastructure development, sustainable energy, and urban planning is a significant step towards India's growth and self-reliance. In terms of broader infrastructure development, the budget allocates Rs.1.5 trillion in 50-year int
Rajasthan is allocated Rs 9,960 crore for railway development in Budget 2025. GM Amitabh discusses redevelopment of 85 stations, with Jaisalmer and Gandhinagar stations set for completion by 2025.
Budget 2025 prioritises non-inflationary growth through careful fiscal management, with the government's entire borrowing of Rs 15.68 lakh crores channelled exclusively into capital expenditure, Finance Secretary and Secretary, Department of Revenue, Tuhin Kanta Pandey told industry leade
Multinational investment banking company Goldman Sachs said that the mega tax relief provided for in Budget 2025 will help the urban consumers boost their net household financial savings, besides partly boosting their consumption.