Month: February 2025

India’s New Tax Slabs: Relief for Middle Class, Push for Economic Growth

Manish Kumar

Finance Minister Nirmala Sitharaman unveiled the Modi 3.0 government’s first full-year budget in Parliament, bringing a significant shift in India’s tax landscape. The highlight? No income tax for individuals earning up to Rs 12 lakh per annum. This landmark reform is expected to bolster disposable income, spur consumption, and enhance voluntary tax compliance. While hailed as a relief for the middle class, the budget also aims to push India’s self-reliance in agriculture, particularly in pulse production. However, the opposition remains critical, questioning the broader economic impact. A Simpler and Fairer…

Headline: Union Budget 2025: Startup Ecosystem Reacts to the ₹10,000 Crore Fund of Funds

Manish Kumar

Finance Minister Nirmala Sitharaman, in her record eighth Budget presentation on February 1, 2025, unveiled the Union Budget 2025, introducing an additional ₹10,000 crore to the Fund of Funds for Startups. This move aims to strengthen India’s startup ecosystem, foster entrepreneurship, and drive economic growth. Here’s how key voices from the startup community reacted to the announcement: Dr. Jaijit Bhattacharya ,President, Centre for Digital Economy Policy Research The union budget 2025-26 carries forward the push towards Ease of Doing Business, while promoting Agriculture, MSME, Healthcare. There is no one large…

Nvidia Caught in the Crossfire of the US-China Tech War

Manish Kumar

The escalating US-China tech war has drawn Nvidia into the geopolitical battlefield. Once a dominant force in China’s AI chip market, the US chip giant now faces an antitrust investigation by China’s State Administration for Market Regulation (SAMR). This move follows the US crackdown on TikTok, signaling heightened tensions between the two economic superpowers. It’s time to FaceOff the US-China Tech Relations. On December 9, 2023, China launched an antitrust probe into Nvidia, citing concerns over its 2019 acquisition of Israeli chipmaker Mellanox for $6.9 billion. At the time, China conditionally approved the deal, requiring Nvidia to ensure fair competition and non-discriminatory practices. However,…

Govt May Require Private Companies to Report Job Vacancies

Manish Kumar

The Central Government is considering making it mandatory for private companies to notify job vacancies, marking a significant shift in employment regulations. Plans are underway to replace the Employment Exchanges (Compulsory Notification of Vacancies) Act, 1959, with the Social Securities Act, significantly increasing non-compliance penalties from ₹100 to ₹50,000. State Minister for Skill Education, Employment, and Entrepreneurship, Mangal Prabhat Lodha, highlighted the need to revive employment exchanges, which have become largely inactive. He stated that minimal penalties (₹100-₹500) discouraged companies from reporting vacancies, a practice the revised law seeks to…

“IND vs ENG 4th T20I Highlights: India Defeat England by 15 Runs, Seal Series 3-1”

Manish Kumar

India defeated England in the fourth T20I by 15 runs after scripting comebacks in the latter half of both innings. Shivam Dube and Hardik Pandya took India to 181 after they were in trouble. The bowlers helped them make another comeback to win the match and take a 3-1 series lead. IND vs ENG 4th T20I Highlights: India beat England by 15 runs, take unassailable 3-1 series lead Pune’s Maharashtra Cricket Association Stadium will host the fourth T20I match between India and England. After India secured back-to-back wins in Kolkata…

“Cricket Concussion Rules Explained: How Harshit Rana Replaced Shivam Dube”

Manish Kumar

Harshit Rana came in on as a concussion substitute for Shivam Dube, who got hit on the helmet in the last over of the first innings. However, with Harshit being a bowling all-rounder and Shivam being a batting all-rounder, debates of like-for-like replacement sparked. Check the rules here. In a controversial moment in the India vs England 4th T20I in Pune, Harshit Rana came in on as a substitute player replacement for Shivam Dube in the second innings of the clash. Harshit came to bowl in the 12th over after…

“Budget 2025: President Murmu Offers ‘Dahi-Cheeni’ to Nirmala Sitharaman for Good Luck”

Manish Kumar

Budget 2025: Union Finance Minister Nirmala Sitharaman is all set to present the Union Budget 2025 in the Parliament today. Budget 2025: Union Finance Minister Nirmala Sitharaman met President Droupadi Murmu ahead of presenting the Union Budget 2025 in Parliament. As part of the customary gesture, President Murmu offered Sitharaman ‘dahi-cheeni’ (curd and sugar), symbolising good luck and blessings for a successful budget presentation. The Finance Minister was also seen discussing the contours of the Budget proposals with the President. She will now leave for the Cabinet meeting where the…

“Budget 2025 Live Streaming: When & Where to Watch Nirmala Sitharaman’s Budget Speech”

Manish Kumar

Union Finance Minister Nirmala Sitharaman is all set to present the Union Budget 2025 in the Parliament today. She will present and read out the Budget through a tab, instead of the traditional ‘bahi khata’. Union Finance Minister Nirmala Sitharaman is all set to present the Union Budget 2025 in the Parliament today. She will present and read out the Budget through a tab, instead of the traditional ‘bahi khata’. This is going to be Sitharaman’s eighth consecutive Budget. This will take Sitharaman closer to the record of 10 budgets…

“Union Budget 2025: Key Terms to Know Before FM Nirmala Sitharaman’s Speech”

Manish Kumar

Union Budget 2025: Before the budget is presented in Parliament, it is important to understand some important terms that frequently come up during budget speeches. Here’s a simple explanation of some terms. Union Budget 2025: The wait is almost over! Finance Minister Nirmala Sitharaman will present the Union Budget in Parliament at 11 am today, with several major announcements are expected. If you are also palnning up to listen to the budget speech, it is important to understand some key terms. Knowing their meanings will help you grasp the details…

“Nirmala Sitharaman to Make History with 8th Consecutive Budget | Key Details Inside”

Manish Kumar

Budget 2025: So far, Nirmala Sitharaman has presented a total of seven straight budgets, including an interim one in February, 2024. Budget 2025: Finance Minister Nirmala Sitharaman on February 1 (Saturday) will present a record eighth consecutive budget that is expected to contain measures to shore up weakening economic growth and ease the burden on the middle class struggling with high prices and stagnant wage growth while being fiscally prudent. This will take Sitharaman closer to the record of 10 budgets that were presented by former Prime Minister Morarji Desai…