Utkal Chamber of Commerce and Industry (UCCI) President, Dr Prabodh Mohanty, on Friday expressed his hope that the upcoming Union Budget 2025-26 will be progressive and target micro, Small and medium enterprises (MSMEs), emphasising the role of the sector to make India become a $ 5 trilli
Congress MP Pramod Tiwari on Friday, expressed concerns over declining production, recession, and inflation ahead of Union Budget, urging the government to take meaningful steps for economic stability.
The budget session of Parliament will commence on Friday with the government outlining its legislative agenda including the Waqf (Amendment) Bill, 2024 and the opposition parties pressing on issues of their concern including price rise and unemployment.
Noting that India's GDP growth for 2024-25 is expected to be 6.4 per cent as per government data, the Congress on Thursday said that the Modi government is taking India into the "middle-income trap, which will make us uncompetitive, underproductive, and unequal".
Engineer has sought interim bail from January 31 to April 5, aligning with the Parliament's session schedule. The first part of the Parliament's Budget session will begin on January 31, with the Union Budget scheduled for February 1, and will conclude on February 13. The second part of the s
Biju Janata Dal (BJD) leader Sasmit Patra on Thursday accused the BJP-led government at the Centre of not fulfilling the demand for special category status for Odisha, saying the ruling party at the Centre had made this promise it in its 2014 election manifesto.
Lakshmi Venkatesan Venkataraman, Founding and Managing Trustee, Bharatiya Yuva Shakti Trust, said, "One of the key concerns for microentrepreneurs is access to timely and adequate credit. While fintech firms and NBFCs process loans in a few days, banks still take 2-3 months, causing delays."
The government is expected to continue on its fiscal deficit reduction path, bringing it down to 4.4 per cent of GDP in FY26. A strategic focus on investment and spending reforms will help balance fiscal prudence with economic expansion.
A series of important bills are likely to be taken up during the session. These include the Banking Laws (Amendment) Bill, 2024, aimed at strengthening banking regulations and oversight, and the Railways (Amendment) Bill, 2024, which focuses on enhancing the operational efficiency of the Ind