Union Budget News

India's Commerce Ministry Eyes 5-Year Extension for Exporters' Interest Equalisation Scheme in Upcoming Budget

India's Commerce Ministry is pushing for a five-year extension of the interest equalisation scheme to support exporters with competitive rates, amidst global economic challenges. T...

India's Industrial Growth to Dip to 6.2% in FY25, with Signs of Revival in the Latter Half

India's industrial growth is expected to slow to 6.2% in FY25 due to a subdued manufacturing performance in the first half. However, signs of recovery are emerging for the second h...

Global Economic Recovery in the Balance: India's Path Amid Uncertainty

India's economy faces a slowdown with growth dropping to 5.4%, prompting calls for policy rate cuts to stimulate demand. Despite urban demand slowing, rural demand remains strong. ...