Tag: Nirmala Sitharaman

Budget 2026: Healthcare gets booster shot with Rs 10,000 crore for Bio Pharma Shakti

February 1, 2026 Admin No Comments

New Delhi: Finance Minister Nirmala Sitharaman on Sunday announced a Rs 10,000 crore outlay for the Bio Pharma Shakti scheme for biologics and biosimilar drugs to make India a global bio-pharma hub. Presenting the Budget 2026-27, she said these bio medicines would help the country tackle the growing burden of non-communicable diseases like diabetes. The…

Health

Budget 2026: Defence, critical minerals and infra may get major boost

January 28, 2026 Admin No Comments

New Delhi: As the countdown to Union Budget 2026 begins, expectations are building around a sharper push for growth-driven sectors. A report on Wednesday suggested that the government is likely to focus more on defence, critical minerals, power, electronics and infrastructure, while also aiming for higher growth in affordable housing. At the same time, policymakers…

Business

India’s $5 Trillion Economy Push Explained: Why Modi Govt Wants To Merge 12 Banks Into 4 Mega ‘World-Class’ Lending Giants

November 30, 2025 Admin No Comments

India’s Public Sector Banks Merger: The Centre is mulling over consolidating public-sector banks, and officials involved in the process say the long-term plan could eventually bring down the number of state-owned lenders from 12 to possibly just 4. The goal is to build a banking system that is large enough in scale, has deeper capital…

Business

Nirmala Sitharaman to Meet GST Council, State FMs for Pre-Budget Discussion on December 21-22 – News18

November 12, 2024 Admin No Comments

Last Updated:November 12, 2024, 13:27 IST The meeting assumes significance as states finance ministers would present their recommendations for 2025-26 Budget to be unveiled on February 1, 2025. In the 55th GST Council meeting, the much-awaited decision on exemption or lower GST rate on health and life insurance would be taken. Union Finance Minister Nirmala…

Business

‘Must Keep Tax Structure Simple to Expand Tax Base’: Ex-NITI Aayog Vice-Chairman Rajiv Kumar’s Lowdown Ahead of Budget 2024 – News18

July 22, 2024 Admin No Comments

Finance Minister Nirmala Sitharaman is set to create history when she presents her seventh straight Budget on Tuesday for the fiscal 2024-25, surpassing the record of former prime minister Morarji Desai. In the build-up to the Union Budget, economist and author Dr Rajiv Kumar, Chairman, Pahle India Foundation, and former Vice Chairman, NITI Aayog, shares…

Business