Nirmala Sitharaman
Union Budget 2025: How Industry Leaders View the Future
Overall, the Union Budget 2025 lays out a progressive and strategic vision for India's economic growth, balancing immediate fiscal responsibility with long-term development goals. Business leaders across industries have largely welcomed these initiatives, acknowledging their potential to drive inclusive and sustainable growth
Budget 2025 Ups Focus on Fintech and New-age Tech, Garners Positive Response from VCs
Union Budget 2025 has put a heightened focus on new-age technology and fintech alongside other areas, which has gathered a positive response from the venture capital (VC) community.
Budget 2025: ₹10,000 Crore 'Fund of Funds' Announced For Startups
Nirmala Sitharaman, the Union finance minister announced today, the introduction of a new 'Fund of Funds' for startups with a fresh contribution of INR 10,000 crore.
What The MSME Industry Expects from Union Budget 2025
With the nation's ambition to reach a $5 trillion economy and achieve the long-term vision of Viksit Bharat by 2047, the government's budgetary priorities will play a crucial role in shaping the country's economic trajectory.
Stakeholders Expect Budget to Capitalise on India's Momentum and Improve Credit Access to Businesses
Although India maintains its position as one of the biggest economies in the world, GDP growth has recently plummeted to a 7-quarter low of 5.4 per cent in the second quarter of FY25.
Budget Expectations for MSMEs in 2025
Representing nearly 30 per cent of India's GDP and employing over 110 million people, the MSME sector is a cornerstone of the Indian economy. As India aspires to become a $5 trillion economy, empowering its MSME sector will be critical in realizing this ambitious vision.
Startups Expect PLI scheme Inclusion, Conducive Policy Framework from Union Budget
The finance minister recently held a pre-budget consultation with representatives of trade unions, with regards to the preparation of the union budget, with the meeting focused on understanding the opinions of trade unions in relation to the upcoming budget.
Finance Ministry Appoints C S Setty and Uday Kotak to NIIF Governing Council
C S Setty, Chairman of SBI, replaces Dinesh Khara, while Uday Kotak, veteran banker and director at Kotak Mahindra Bank, takes over from T V Mohandas Pai.
MSMEs Expect to Benefit From FM's New Credit Guarantee Scheme
The INR 100 crore credit guarantee scheme is expected to serve as a vital catalyst for MSME growth and resilience by enabling businesses to secure financing without traditional barriers. Industry experts agree that this program has the potential to unlock new avenues of opportunity for MSMEs, encouraging entrepreneurship, fostering local manufacturing, and contributing to the nation's export ecosystem.
India's Innovation Landscape Set for Growth, Says Finance Minister
GCCs, primarily driven by multinational corporations, have seen rapid growth in India, with nearly 56 per cent of their revenue now coming from research and development (R&D) services.
End of Angel Tax: Investor Community Celebrates as Government Abolishes Controversial Act
Much rejoicing was seen in the startup community and especially among the industry leaders from the 'Funds' side of things, as the Indian Central Government abolished what was known as 'Angel Tax' in a historic budget announcement led by Finance Minister Nirmala Sitharaman.
Union Budget 2024: FM Nirmala Sitharaman Gives Boost to MSMEs
Finance Minister Nirmala Sitharaman announced the Budget for 2024, giving a significant boost to MSMEs through a self-financing guarantee fund providing coverage of up to INR 100 crore per applicant
Will Nirmala Sitharaman Go Soft on Crypto in Her 2nd Term as FM?
The harsh treatment of 30 per cent tax on profit and one per cent VDA coupled with India's decision to not yet ban the currency has left many in a fix. So, what does the coming times mean for crypto players in India
Indian Companies Can Go For Overseas Listing, Says Nirmala Sitharaman
The approval came after three years of announcement as part of the Covid relief package, which will enable domestic companies to access foreign funds by listing their shares on various exchanges overseas
Working With MeitY And RBI; FM On Ponzi Apps
Cautioning investors against ponzi apps, Sitharaman said investors should do their due diligence and should not be lured by claims of lucrative returns made by them