Union Budget 2025: Key Announcements, Economic Outlook, and Policy Changes
Finance Minister Nirmala Sitharaman will present the Union Budget 2025 today at 11 AM in Parliament, marking the final full-year budget before the upcoming general elections. The budget comes amid geopolitical uncertainties, a slowing economic growth rate, and new global trade challenges, including the recent tariff threats by US President Donald Trump.
India Joins the AI Race with Six Developers Set to Build Foundational Models in 6–8 Months
The Indian government has identified six major developers capable of building foundational AI models within the next four to eight months, marking a significant step in the country’s push to establish itself as a global AI player.
U.S.-India Relations Strengthened in Trump-Modi Call
President Donald J. Trump and Indian Prime Minister Narendra Modi engaged in a high-level discussion aimed at expanding strategic cooperation between the United States and India.
US-India Trade Relations: Potential Changes in Tariff Policies
India is considering reducing tariffs on select high-end U.S. imports, including specialty steel, premium motorcycles, and electronic items, according to sources familiar with the matter. This development comes ahead of India’s upcoming budget presentation by Finance Minister Nirmala Sitharaman.
