The Union Budget 2025's focus on supporting lower- and middle-income households could help revive private investment in the economy, according to a report by HDFC Bank.
The US President has taken action under the International Emergency Economic Powers Act (IEEPA), emphasizing the need to protect Americans and fulfil a campaign promise.
Tax experts, industry observers, and banking leaders have lauded the Union Budget 2025-26 for its focus on economic growth, tax relief, and innovation across sectors.
Ambassador Atul Keshap urged India to push for much more ambitious reforms in taxation, regulatory frameworks, and business procedures to enhance the country's global competitiveness and attract greater investment.
The Muslim Rashtriya Manch (MRM) has hailed this budget as the new flight for a self-reliant India, and a guide for the country's economic independence and growth.
Union Finance Minister Nirmala Sitharaman presented the Union Budget 2025 in the Lok Sabha outlining a roadmap for India's continued economic expansion, emphasizing agriculture, micro, small, and medium enterprises (MSMEs), investment, and exports.
The Union Budget 2025-26 has garnered a positive response from the auto industry, with industry leaders welcoming the government's "focus on long-term economic growth, manufacturing, and regulatory reforms".
Congress on Saturday slammed the Union Budget 2025-26, stating that Finance Minister Nirmala Sitharaman is walking on a worn-out path and she and Prime Minister Narendra Modi have not followed the advice of Chief Economic Advisor on the need to deregulate and that the government's "strang
UKIBC also welcomes the focus on key domains such as tax administration and policy, urban development, energy security, financial sector, and regulatory reforms.
He stated, "The Union Budget 2025 marks a significant step in supporting the sustained growth of India's aviation sector. We commend the government's commitment to infrastructure, which will make air travel more accessible, thereby boosting tourism and the economy as a whole."
Union Minister Chirag Paswan has applauded the Union Budget 2025, calling it an inclusive financial plan that addresses the key socio-economic disparities between urban and rural areas, rich and poor and bridges the gap.
The Federation of Indian Chambers of Commerce and Industry (FICCI) has welcomed the Union Budget 2025-26, stating that it effectively addresses immediate economic challenges while keeping a firm focus on the long-term vision of 'Viksit Bharat'.