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2 weeks ago | 
thehindu.com | Nitika Francis |Vignesh Radhakrishnan
The targeted killings of tourists in Pahalgam in Jammu and Kashmir took place at a time when the region was witnessing a tourism boom. The number of visitors was at a 15-year high and the Union Territory (UT)’s own revenue generation had started showing signs of improvement. The home States of the victims reflected the diversity of tourists that the Valley had began attracting.
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2 weeks ago | 
flipboard.com | Nitika Francis |Vignesh Radhakrishnan
General Asim Munir, like many Pakistan Army chiefs before him, is the most powerful man in his country. But he is different from his predecessors in …
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2 weeks ago | 
thehindu.com | Nitika Francis |Vignesh Radhakrishnan
Trade data shows that despite facing tariff headwinds from the U.S., the world’s largest importer, China, the world’s largest exporter, has managed to increase its overall exports, till at least 2023. A series of tariff escalations by the U.S. on Chinese products from 2018 led to fewer imports by the U.S. from China in the following years. Despite this, China’s share in global exports rose from around 13% in the years before the tariff escalations to 15% in the years following them.
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1 month ago | 
thehindu.com | Nitika Francis |Vignesh Radhakrishnan |Srinivasan Ramani
Since 2014, the Ministry of Home Affairs made 421 assurances in the Lok Sabha and 338 assurances in the Rajya Sabha, but ‘dropped’ close to 15% and 12% of them, respectively — the highest such share among all the Ministries on both floors of the House. During the course of a reply or a discussion on the floor of the Lok Sabha or Rajya Sabha, if a Ministry gives an undertaking which involves further action on the government’s part in reporting back to the House, it is considered an assurance.
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1 month ago | 
flipboard.com | Nitika Francis |Vignesh Radhakrishnan |Srinivasan Ramani
NowWaqf Bill In Parliament Today: NDA, INDIA Showdown Likely In Lok Sabha — READThe Waqf Bill is likely to come before the Rajya Sabha on Thursday, with the two Houses allocated eight hours each for debating the proposed law.
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Feb 1, 2025 | 
thehindu.com | Nitika Francis |Vignesh Radhakrishnan |Samreen Wani |Sambavi Parthasarathy
Union Finance Minister Nirmala Sitharaman presented her eighth consecutive Budget on Saturday (February 1, 2025). Ms. Sitharaman announced a major rejig of tax slabs, providing long-awaited relief to the middle class. In the run up to the Assembly election in Delhi, a city that often votes with its wallet, this is a timely intervention as far as the BJP is concerned. Here is a collection of stories on taxes from The Hindu on Union Budget 2025. Published - February 01, 2025 06:53 pm IST
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Feb 1, 2025 | 
thehindu.com | Samreen Wani |Nitika Francis |Sambavi Parthasarathy |Vignesh Radhakrishnan
Funding for the various production linked incentive schemes (PLI) has more than doubled in the recent Union Budget 2025-26 underscoring the importance for the manufacturing sector and the government’s push for making India self-reliant and a major global manufacturing hub. The outlay for PLI schemes increased by over 108% in FY26 (Budget estimates BE) to Rs 19,482.58 crore from Rs 9,360.36 crore in FY25 (Revised estimates RE).
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Feb 1, 2025 | 
thehindu.com | Vignesh Radhakrishnan |Samreen Wani |Sambavi Parthasarathy |Nitika Francis
In FY26, the government is expected to spend ₹50,077.95 crores on higher education. The allocation increased by ₹3,595.6 crore, when compared with the revised estimates for the year FY25. While the allocation has increased in absolute terms, spending on higher education as a share of overall budget, has stagnated. While absolute change in allocation gives an idea of what the government is focussing on, analysing the allocations as a share of the total Budget is more prudent.
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Feb 1, 2025 | 
thehindu.com | Vignesh Radhakrishnan |Samreen Wani |Sambavi Parthasarathy |Nitika Francis
Finance Minister Nirmala Sitharaman presented the Union Budget for 2025, unveiling the eighteenth Cabinet’s plans for funding the integration of Artificial Intelligence (AI) in various fields. Allocations for all schemes related to AI have seen significant increases since the previous Union Budget.
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Feb 1, 2025 | 
thehindu.com | Nitika Francis |Vignesh Radhakrishnan |Samreen Wani |Sambavi Parthasarathy
Despite announcing that no income tax needs to be paid up to an income of Rs 12 lakh under the new regime, the government is still expecting the share of income tax in gross tax collections to increase in the financial year FY26. In contrast, the share of receipts from corporate tax in the gross tax collections is expected to slightly decline in FY26.
