'This is the Bengal story, where businesses are nurtured, dreams are realised, and legacies are built.'
Chinese manufacturing prowess and its dominance in the strategic sector will have a bearing on India's growth projection in the medium term and its march to become a developed nation by 2047, the Economic Survey said on Friday. The Survey has said India needs to grow at 8 per cent for about two decades to become a developed nation by 2047, but it will have to face challenges from global developments and reliance on Chinese imports.
India's economy is projected to grow between 6.3 per cent and 6.8 per cent in FY26, according to the Economic Survey 2024-25, tabled in Parliament on Friday. The survey highlights that the country's economic fundamentals remain strong, supported by a stable external account, fiscal consolidation, and private consumption. It noted that the government plans to strengthen long-term industrial growth by focusing on research and development (R&D), micro, small, and medium enterprises (MSMEs), and capital goods.
India on Saturday announced plans to amend its nuclear liability law and set up a nuclear energy mission, a move that came ahead of Prime Minister Narendra Modi's likely visit to the United States.
Prime Minister Narendra Modi has lauded the Union Budget as a "people's budget" that fulfills the dreams of every Indian and said that it is a "force-multiplier" that will boost consumption, investment and growth. He highlighted a host of measures for different sectors, including welfare initiatives for gig workers, tax relief for the middle class, and support for the manufacturing sector.
Ushering in reforms, Union Finance Minister Nirmala Sitharaman on Saturday proposed to open up the nuclear power sector for private players and announced a Rs 20,000 crore Nuclear Energy Mission for research in the field, with an aim to set up five small and modular reactors by 2033.
Whether the ambitious targets are achievable is a moot question as India's earlier target was 20,000 MW of nuclear power by 2020.
Market reaction to the Union Budget was overall neutral. The income tax "gift" wasn't enough to move the needle. There was some apparent rationalisation of Customs duty structure as well as cuts on import duties of some key components for the telecom and IT industry and duty cuts on vehicle imports. Other proposals related to development of agriculture and rural economy and renewables seem to be generally positive.
'Right now, the vibe is fantastic, and everyone is enjoying it.'
Kohli mania reached a fever pitch in the 12th over when a fan breached security, sprinted onto the field, and touched Kohli's feet before being escorted away.
Budget 2025 lays down a transformational roadmap for India's digital and economic future, focusing on AI-driven enterprise modernisation, workforce skilling, and sustainable innovation. With bold investments in AI, digital infrastructure, and ease of doing business, the government has set the stage for businesses to scale, innovate and compete on a global level.
Delhi's crime rate against women stood at 144.4 in 2022 -- the highest among all states and Union Territories.
Prime Minister Narendra Modi said on Friday that there have been no attempts from abroad to stoke trouble in India ahead of the Parliament's Budget session, which begins on Saturday. Modi's statement comes as his government prepares to present its first full-fledged budget in its third term. He expressed confidence that the Budget session will infuse new confidence and energy in attaining the goal of 'Viksit Bharat' by 2047, and said his government has been working in a mission mode for an all-round development.
"The new structure will substantially reduce taxes on the middle class and leave more money in their hands, boosting household consumption, savings and investment," Sitharaman said presenting what was dubbed as 'reformist' budget for the next fiscal in Lok Sabha.
Make your own delicious but simple granola or granola-based snacks! The right thing for breakfast or snacking.
'If the BJP detoxifies the nuclear liability law, it will bring economic, environmental and, most of all, strategic benefits.' 'Let's keep our fingers crossed and hope that this Budget promise is met soon -- ideally, before Mr Modi heads to his first meeting with Trump 2.0,' observes Shekhar Gupta.
The United States has temporarily suspended foreign assistance to Pakistan for re-evaluation following an executive order issued by President Donald Trump, according to a media report on Tuesday.
Take purposeful breaks, practise self care, advises Sweta Bothra, lead psychologist at Amaha Health.
An undated audio clip, allegedly featuring Walmik Karad, a close aide of NCP leader Dhananjay Munde, has surfaced online. In the audio, Karad is purportedly heard telling a man not to worry as "influential people" were sitting in Beed. Karad is an accused in an extortion case linked to the murder of sarpanch Santosh Deshmukh. This comes after a video clip of Karad, along with other accused, walking with a suspended police officer emerged on social media last week. The audio clip has sparked further controversy surrounding the case.
These are the highlights of the Union Budget 2025-26 presented by Finance Minister Nirmala Sitharaman in Parliament on Saturday.
India's e-commerce market alone is projected to reach $200 billion by 2026, making it a prime industry for ambitious entrepreneurs, explains rediffGURU Harsh Bharwani.
'We have to be prepared for the larger disruption that is likely to take place.'
'I have the courage to make mistakes,' says Designer Anamika Khanna, who has brought India international renown.
The Maha Kumbh witnessed its third grand 'Amrit Snan' on the auspicious occasion of Basant Panchami, drawing hundreds of thousands of devotees from across the globe, all seeking spiritual liberation through the sacred dip, which was going on smoothly, officials said.
Amid opposition call for his resignation over the Beed sarpanch murder case, Maharashtra minister Dhananjay Munde on Wednesday said he is ready to quit if asked by Chief Minister Devendra Fadnavis or deputy CM Ajit Pawar.
'You must be good at using AI as a tool of learning but do not give up your own critical thinking.'
ICC Chairman Jay Shah, accompanied by his family, was among the high-profile visitors at the Maha Kumbh Mela in Prayagraj on Monday.
IMAGES from Europa League matches played on Thursday.
We had waited for Something Just Like This, and the experience did not disappoint, says Teemeer.
Maharashtra Chief Minister Devendra Fadnavis will ask NCP minister Dhananjay Munde to step down if any evidence is found linking him to sarpanch Santosh Deshmukh's murder, his cabinet colleague Chandrakant Patil has said. A comprehensive probe is being conducted into the murder of Deshmukh, BJP leader Patil told reporters in Sangli on Sunday. Walmik Karad, an associate of minister Munde, has been arrested in an extortion case linked to the sarpanch's killing. Deshmukh, the sarpanch of Massajog village in Beed district, was abducted, tortured and killed on December 9 for trying to stop an extortion attempt against an energy firm operating a windmill project there. Munde, the NCP MLA from Parli in Beed district, is under attack from some of the ruling alliance colleagues and the opposition over his links with Karad. The Maharashtra government has already seized properties of the accused in sarpanch Deshmukh murder case. Stringent charges have been invoked and the probe is going on, the BJP leader said. The police machinery is actively investigating the case, and a Special Investigation Team (SIT) has also been formed for a probe into it, Patil said. Additionally, a committee headed by a retired judge has been constituted to oversee the inquiry, the minister said. Steps are being taken, including invocation of the stringent Maharashtra Control of Organised Crime Act (MCOCA) against Walmik Karad and other accused, Patil pointed out. The process of seizing Karad's assets is also underway, he added.
From the 30-share blue-chip pack, Adani Ports jumped over 5 per cent. NTPC, Tata Steel, Bajaj Finserv, Zomato, Bajaj Finance, Tata Motors, State Bank of India, IndusInd Bank and Maruti were among the other big gainers. From the 30-share pack, Hindustan Unilever, Titan, Tata Consultancy Services, Infosys and UltraTech Cement were the other laggards.
Sasikumar Mukund, who was banned by AITA on disciplinary grounds, is back as India's best-ranked player for the World Group I Play-off tie against Togo, starting on Saturday.
Konstas made his presence felt even while fielding, constantly talking to Indian batters from the cordon or close-in positions.
Russian shipments averaged 1.67 million barrels per day in January compared to 1.48 million bpd in December and 1.53 million bpd a year earlier.
India showcased its indigenous short-range tactical missile Pralay for the first time at the Republic Day parade on Sunday. The missile, developed by the Defence Research and Development Organisation (DRDO), is capable of carrying a nuclear warhead and has a range of 150 to 500 kms. The parade featured an array of other indigenously built missiles, surveillance systems, and weapon systems, reflecting India's growing military prowess. The DRDO displayed its latest innovations for national security, including the quick reaction surface-to-air missile, airborne early warning and control system, and drone detect, deter and destroy system.
Cheaper ripoffs was how China powered its way as an economic superpower but hitherto the tech realm had remained out of bounds. With DeepSeek's AI model the West, it seemed, was about to lose its competitive edge in cutting edge generative AI technology. And this is what is causing deep furrows in the forehead of tech titans in Silicon Valley.
The last time these two indexes recorded a negative performance on a calendar year basis was in CY19.
'This film is a wild and unpredictable ride.'
Growth in corporate profits needs to be commensurate with wages to boost the economy, Economic Survey 2024-25 said, noting that sharp disparities between the two pose risk to the economy by curbing demand. The document tabled in Parliament on Friday noted that while the labour share of GVA (gross value added) shows a slight uptick, the disproportionate rise in corporate profitsredominantly among large firmsaises concerns about income inequality.
Prime Minister Narendra Modi and United States President Donald Trump on Monday vowed to work towards a 'trusted' partnership with a focus on boosting India-US cooperation in areas of trade, energy and defence in their first phone conversation since the American leader's inauguration last week.
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