The previous two terms of the Narendra Modi government saw the launch of some major national advanced technology missions, including for supercomputing, cyber-physical systems, and quantum technologies. These were coupled with initiatives to boost private sector participation with space and geospatial policies. India became the fourth to have a spacecraft’s lander touch down successfully on…
India’s Finance Minister Nirmala Sitharaman holds up a folder with the Government of India’s logo as she leaves her office to present the union budget in the parliament in New Delhi, India, July 23, 2024. | Photo Credit: ALTAF HUSSAIN Union Finance Minister Nirmala Sitharaman, on Tuesday, presented the first Union Budget of the third…
The crisis at Paytm Payments Bank has out strong focus on regulatory compliance in the county’s fintech segment. The strict RBI action against Paytm Payments Bank is said to have created worry among a certain section of fintechs. A group of startup founders had also written to Sitharaman, seeking reassessment of the stringent action. In…
Mumbai: Finance minister Nirmala Sitharaman on Saturday emphasized the importance of education for economic growth and highlighted the work done by the government in education and technology. Speaking at the inauguration ceremony of BITS Pilani’s new campus, she stressed the need for interdisciplinary courses and underscored the development of 5G technology indigenously. According to Sitharaman,…
Rajeev Chandrasekhar, the Minister of State for IT, recently penned a letter to Finance Minister Nirmala Sitharaman. The letter, written prior to the budget, proposed a reduction in import duty on electronic components to boost the country’s export growth. The confidential letter, reportedly dated January 3, expressed concerns about India falling behind China and Vietnam…
Finance Minister Nirmala Sitharaman made a bold statement during Budget 2024, not only outlining fiscal policies but also championing the “vocal for local” ethos through her distinctive choice of attire.Sitharaman adorned a striking ‘Ramar’ blue and cream-colored silk sari embellished with traditional Kantha embroidery, a sartorial choice that resonated with her previous Budget Day ensembles…
Illustration: Soumyadip Sinha Finance Minister Nirmala Sitharaman, presenting her sixth Union Budget and her first Interim Budget, resisted the temptation to hand out dramatic pre-poll sops like the ones unveiled ahead of the 2019 Lok Sabha election, opting instead to bank on the government’s track record and the promise of “unprecedented development” in the next…
NEW DELHI: In the interim Union Budget presented by Finance Minister Nirmala Sitharaman on Thursday, the Sports Ministry received an allocation of Rs 3,442.32 crore, marking an increase of Rs 45.36 crore compared to the previous year.In the last budget, the Sports Ministry had received a revised allocation of Rs 3,396.96 crore. The primary focus…
The announcement in the Interim Budget 2024 of providing rooftop solar power generation to one crore households has come as a response to multiple guarantees of free power by different political parties in different States, including in Delhi and Punjab by the Aam Aadmi Party and the Congress in others. | Photo Credit: AP Finance Minister…
NEW DELHI: Finance Minister Nirmala Sitharaman presented the Interim Budget 2024-25 today. The budget outlined the government’s agenda for the remaining term. During her budget speech in Parliament, FM Sitharaman emphasised on the growth of higher educational institutions, the rise in the number of women enrolling in STEM courses over the past decade and the…
