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Special attention to MSMEs in Budget 2024-25: New credit guarantee scheme; hike in Mudra loans

In the first Budget of Modi government's third term, Sitharaman introduced a new credit guarantee scheme for term loans to acquire machinery and equipment and proposed raising the Mudra loan limit from Rs 10 lakh to Rs 20 lakhBengaluru:...

Budget 2024-2025: What’s in it for Retail?

An overview of all the retail ecosystem-related measures in the Budget 2024-2025 revealed by Finance Minister Nirmala Sitharaman in her 7th budget speechMumbai: Being the first by the Modi government in its third term, Budget 2024-2025 was one...

Govt cuts import duty on mobile phones; imported handsets to become up to 6% cheaper

The industry witnessed three-fold increase in domestic production and almost 100-fold jump in exports of mobile phones over the last six yearsNew Delhi: Imported mobile phones will become cheaper by up to 6 per cent as the government in...

Govt cuts customs duty on gold, silver, mobile phones

The Budget 2024 proposed reduction in basic customs duty on gold and silver to 6 per cent, platinum to 6.4 per cent and mobile phones, mobile charger to 15 per centNew Delhi: Finance Minister Nirmala Sitharaman on Tuesday proposed...

Jewellery stocks surge after govt cuts basic custom duty on gold, silver

On the BSE, the stock of Senco Gold zoomed 6.16% to trade at Rs 1,000.80 apiece, Rajesh Exports surged 5.49% to Rs 313.90 and PC Jeweller jumped 5% to trade at Rs 74.16 -- also its upper circuit limit.New...

India to encourage cooperatives and start-ups to invest in the food supply chain: Union Budget 2024

Experts view it as an initiative to make India’s fresh supply chain more efficient and reduce the high wastage of fresh produce that currently ranges between 20%-35%  New Delhi: The government will encourage private companies and start-ups to set up...

Budget 2024: Entrepreneurs rejoice in the abolishment of angel tax

Entrepreneurs from the country’s startup system have heaved a sigh of relief as the government proposes doing away with the Angel Tax. New Delhi: In her budget speech as the Finance Minister of India, Nirmala Sitaraman has proposed abolishing the...
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HUL Q1 profit up 2.2% to Rs 2,612 crore

The company's revenue from product sales was marginally up 1.68 per cent at Rs 15,497 crore as against Rs...
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