FINANCE – Page 27 – msmenews.sbs

PM Modi Reviews Ayush Sector Growth, Highlights Global Leadership In Traditional Medicine

AIMPWAMarch 1, 2025

New Delhi, Feb 28 (KNN) Prime Minister Narendra Modi recently chaired a high-level meeting at 7 Lok Kalyan Marg to review the Ayush sector’s development, emphasising its critical role in holistic healthcare, traditional knowledge preservation, and contribution to India’s wellness ecosystem. The meeting focused on evaluating the sector’s progress since the establishment of the Ministry...

First Tranche Of Exploration Licenses For Critical & Deep-seated Minerals To Be Launched In March 2025

AIMPWAMarch 1, 2025

New Delhi, Feb 28 (KNN) Union Minister of Coal and Mines G Kishan Reddy announced today that the Ministry of Mines will launch the first tranche auction of Exploration License blocks in March 2025. Speaking at a press conference in New Delhi, the Minister noted that this initiative follows the 2023 amendment to the MMDR...

Organised Retail Sector To Hit USD 230 Bn By 2030: Deloitte-RAI Report

AIMPWAFebruary 28, 2025

New Delhi, Feb 28 (KNN) India’s organised retail sector is experiencing robust growth and is expected to reach USD 230 billion by 2030, driven by increasing disposable incomes and evolving consumer preferences, according to a report released jointly by Deloitte and the Retailers Association of India (RAI) on Thursday. The report highlights that the sector...

Wipro To Invest $200 Million in Startups In Financial Services, Healthcare & Energy

AIMPWAFebruary 28, 2025

Bengaluru, Feb 28 (KNN) Wipro has announced a fresh USD 200 million investment in its venture capital arm, Wipro Ventures, as part of its latest funding round. This marks the fourth round of funding since the firm’s inception, reinforcing its commitment to supporting early to mid-stage startups globally. Wipro Ventures plays a crucial role in fostering...

India Weighs Tariff Cuts to Avoid US Trade Penalties

AIMPWAFebruary 28, 2025

New Delhi, Feb 28 (KNN) New Delhi is exploring significant tariff reductions on a range of imports, including automobiles, chemicals, and electronics, in a bid to avoid US President Donald Trump’s proposed reciprocal tariffs, sources familiar with the matter revealed. Officials are discussing lowering duties on key US exports such as agricultural products, pharmaceuticals, and...

Indian Pharma Industry Urges Zero Tariffs on US Drug Imports

AIMPWAFebruary 28, 2025

New Delhi, Feb 28 (KNN) The Indian Pharmaceutical Alliance (IPA), representing major Indian drug manufacturers, has suggested that the government consider reducing tariffs on US drug imports to zero. This proposal comes as a countermeasure to the Trump administration’s consideration of a 25 per cent import tariff on Indian pharmaceutical products. According to IPA Secretary...

Government Support and Localisation Propel Renewable Energy Growth

AIMPWAFebruary 28, 2025

New Delhi, Feb 28 (KNN) The renewable energy sector is witnessing rapid growth, with industry leaders emphasising the need for localising the supply chain to sustain this momentum. Amit Singh, CEO of Adani Green Energy Ltd, highlighted the importance of localisation, stating, “If we want to move fast, we need to work on localisation of...

India Begins Exporting Apple Components to China, Vietnam

AIMPWAFebruary 28, 2025

New Delhi, Feb 28 (KNN) India has taken a significant step in the global electronics supply chain by exporting electronic components to China and Vietnam for the first time. This milestone marks a role reversal, as India has traditionally been a net importer of such components. The exports, meant for manufacturing Apple products like MacBooks,...

India Needs USD 300 Bn Renewable Energy Investment By 2032: Think Tank Ember

AIMPWAFebruary 28, 2025

New Delhi, Feb 25 (KNN) A recent report by UK-based energy think tank Ember reveals that India requires USD 300 billion in renewable energy investment by 2032 to meet its ambitious clean energy targets. Annual financing must grow to USD 68 billion, representing a 20 per cent yearly increase from current levels. The analysis warns...

Virtual digital assets to be brought within scope of undisclosed income under Income Tax Act

AIMPWAFebruary 28, 2025

In an effort to further rein in misuse of crypto, government has proposed to include virtual digital asset (VDA) in the definition of undisclosed income for block assessment scheme. This means non-disclosure could lead to tax at 60 per cent besides penalty. Once the Finance Bill 2025 is enacted, this provision will be made effective...

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In a post-Trump world, trade gets special focus in budget; govt opens domestic market for some imported vehicles

AIMPWAMarch 14, 2025

As US president Donald Trump threatens to impose reciprocal tariffs on its trading partners, potentially upending global commerce, India has placed a significant emphasis on invigorating manufacturing and exports while also opening up the domestic market. As part of the customs duty rejig, the government lowered import tax on a range of products such as...

‘In their last days, our parents changed their will’: They left me $250,000, but gave my sister $1 million. What should I do?

AIMPWAMarch 14, 2025

“How many people maintain a relationship with their siblings after their parents died?” Source link

Atmanirbhar Budget for consumption and development: The ABCD of Budget 2025

AIMPWAMarch 14, 2025

Here’s a handy alphabetized list of the key themes that shaped the most important financial document of the year: It can’t be a Budget without annadatas and agriculture, can it? Identifying agriculture as one of the four powerful engines in India’s journey of development (the other three being MSMEs, investment and exports), the Budget unveiled...

Goodbye old tax regime; new regime now more attractive

AIMPWAMarch 14, 2025

Before you pop the champagne, though, there are two points to consider. First, zero tax up to ₹12 lakh as well as the attractive new tax slabs are only applicable to the new tax regime. At the same time, the old tax regime does remain relevant in some cases. Second, if your taxable income is...

Centre sets new five-year target to cut debt to half of GDP; signals robust capital spending, support to states

AIMPWAMarch 14, 2025

The Union budget has set a new five-year target to cut the central government’s debt to 50% of gross domestic product, give or take 1%, by 31 March, 2031. The budget, presented by finance minister Nirmala Sitharaman on Saturday, also sought to signal the Narendra Modi administration’s commitment to fiscal prudence and infrastructure creation, including...

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Latest Posts

PM Modi Reviews Ayush Sector Growth, Highlights Global Leadership In Traditional Medicine

First Tranche Of Exploration Licenses For Critical & Deep-seated Minerals To Be Launched In March 2025

Organised Retail Sector To Hit USD 230 Bn By 2030: Deloitte-RAI Report

Wipro To Invest $200 Million in Startups In Financial Services, Healthcare & Energy

India Weighs Tariff Cuts to Avoid US Trade Penalties

Indian Pharma Industry Urges Zero Tariffs on US Drug Imports

Government Support and Localisation Propel Renewable Energy Growth

India Begins Exporting Apple Components to China, Vietnam

India Needs USD 300 Bn Renewable Energy Investment By 2032: Think Tank Ember

Virtual digital assets to be brought within scope of undisclosed income under Income Tax Act

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In a post-Trump world, trade gets special focus in budget; govt opens domestic market for some imported vehicles

‘In their last days, our parents changed their will’: They left me $250,000, but gave my sister $1 million. What should I do?

Atmanirbhar Budget for consumption and development: The ABCD of Budget 2025

Goodbye old tax regime; new regime now more attractive

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In a post-Trump world, trade gets special focus in budget; govt opens domestic market for some imported vehicles

‘In their last days, our parents changed their will’: They left me $250,000, but gave my sister $1 million. What should I do?

Atmanirbhar Budget for consumption and development: The ABCD of Budget 2025

Goodbye old tax regime; new regime now more attractive

Centre sets new five-year target to cut debt to half of GDP; signals robust capital spending, support to states

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In a post-Trump world, trade gets special focus in budget; govt opens domestic market for some imported vehicles

‘In their last days, our parents changed their will’: They left me $250,000, but gave my sister $1 million. What should I do?

Atmanirbhar Budget for consumption and development: The ABCD of Budget 2025

Goodbye old tax regime; new regime now more attractive

Centre sets new five-year target to cut debt to half of GDP; signals robust capital spending, support to states

Blackstone to increase stake in THIS small-cap realty firm for ₹1,166 crore, sale triggers open offer