The FM Nirmala Sitaraman announced a new center of excellence in artificial intelligence for education with a total outlay of ₹ 500 crore. In 2023, FM made a similar announcement with three centers of excellence in AI for agriculture, healthcare, and sustainability. This push by the government to merge AI with several other sectors comes [...]
The railway sector had anticipated an 18 to 20 percent increase in budgetary allocation, but stocks fell by up to 11 percent after Finance Minister Nirmala Sitharaman did not mention any major reforms for the sector in this year's budget. Following this, there was a high expectation for this year's Railway Budget as they performed [...]
In Saturday's Budget session, Finance Minister Nirmala Sitharaman highlighted the National Geospatial Mission, which aims to build strong geospatial infrastructure and data in India. This project, supported by the PM Gati Shakti plan, will improve areas like land record updating, urban planning, and infrastructure development. Along with it, she also emphasized that this mission was [...]
The Finance Minister on Saturday in the Union Budget 2025 announced that the government will implement a scheme to make India a global hub for toys. The scheme will focus on the development of clusters, skills, and a manufacturing ecosystem that will create high-quality, unique, innovative, and sustainable toys that will represent the ‘Made in [...]
In Budget 2025, Finance Minister Nirmala Sitharaman announced changes to the income tax system, which will directly benefit middle-class taxpayers. These changes are aimed at reducing the tax burden for individuals, especially for those earning up to ₹12 lakh annually. The government hopes that by keeping more money in people's hands, household spending, savings, and [...]
Small-cap Indian Software stock is in focus after it jumped up to 13% upon announcing its Q3FY25 results, with robust growth in its YoY Revenue and Net profit. Share Price Movement With a market capitalization of ₹1,625 Cr, the stock of Unicommerce eSolutions opened at 154, up 7% from yesterday’s close, and after opening, it [...]
In the recent Union Budget 2025-26, Finance Minister Nirmala Sitharaman highlighted the need to boost the productivity, quality, and competitiveness of India’s footwear and leather sector. The government will implement a focus product scheme. This scheme will support the design capacity, component manufacturing, and machinery needed for the production of both non-leather quality footwear and [...]
During the Union Budget 2025-26, Finance Minister Nirmala Sitharaman announced that the government will promote medical tourism and will ease visa process under the “Heal in India” initiative. She also proposed adding 36 drugs for cancer, rare diseases to be exempt from Basic customs duty (BSD). The FM also announced plans to launch 200 cancer [...]
The Finance Minister Nirmala Sitharaman on Saturday emphasized on the development of tourism and hospitality sectors through promotion of medical and spiritual tourism. She announced that the government will develop top 50 tourist sites in the country, which will be done by partnering with states. This initiative is expected to generate employment, develop infrastructure and [...]
Broadband connectivity will play a vital role in India's economic growth by improving access to education, healthcare, and government services. Under the Bharatnet project, high-speed internet will be provided to all government secondary schools and primary health centers (PHCs) in rural areas, ensuring that even remote communities can benefit. In education, students will be able [...]
