Tag: Budget 2025
Sarvam AI Startup Programme Fuels Indic AI Builders
Sarvam AI has introduced the Sarvam Startup Programme, providing early-stage companies with up to 12 months of API credits, priority engineering support and production-ready infrastructure to build multilingual AI applications without backend complexities. Founders Vivek Raghavan and Pratyush Kumar positioned the initiative to empower India’s developer ecosystem with high-quality models fluent in 22+ Indian languages and English, enabling full agency in creating voice agents,...
Oracle Layoffs Fund AI Data Centre Push Amid Cash Squeeze
Oracle is planning thousands of job cuts across divisions as it grapples with a cash crunch from aggressive AI data centre buildout to support major clients including a $300 billion OpenAI agreement, xAI and Meta, as Bloomberg News first reported. The reductions, potentially broader than typical rolling cuts, may begin this month and target roles expected to diminish under AI automation, coinciding with an...
Union Budget 2025-26: Fueling India’s Startup, Tech, and Green Innovations
The Union Budget 2025-26 sets tone for India’s next phase of economic transformation by focusing on startups, advanced technologies, and green innovation. Presenting the...
Govt Plans Healthcare Scheme for 1 Crore Gig Workers
The Indian government is developing a healthcare scheme under the PM Jan Arogya Yojana (PM-JAY) to provide benefits to 1 crore gig workers, Expenditure...
Telecom Infrastructure to Benefit from Duty Cuts
The Union Budget 2025 has proposed a 50% reduction in basic customs duty (BCD) on carrier-grade Ethernet switches, lowering it from 20% to 10%....
Budget 2025 Strengthens India’s Digital Infrastructure
India’s digital economy accounted for ₹31.64 lakh crore or 11.74% of GDP in 2022-23, employing 14.67 million workers, according to data presented in Budget...
Budget 2025 Boosts Electronics and AI Funding by 84%
The Union Budget 2025 has significantly enhanced funding for technology initiatives, including production-linked incentives (PLIs), semiconductor development, and the IndiaAI Mission. The allocation has...
Budget 2025 Allocates ₹20,000 Crore for R&D
The Union Budget 2025-26 has allocated ₹20,000 crore to strengthen India's research and development (R&D) ecosystem, with a focus on AI, geospatial technologies, and...
₹5 Lakh Kisan Credit Limit Introduced
The Union Budget 2025-26 has prioritized agriculture and rural prosperity, with Finance Minister Nirmala Sitharaman unveiling reforms to empower farmers and enhance productivity. A...
Defence Budget Raised to ₹6.81 Lakh Crore
The Union Budget 2025-26 has allocated ₹6,81,210 crore to India's defence sector, emphasizing modernization and self-reliance in defence technology. This increase from last year’s...
Customs Duty Cuts to Boost Indian Pharma
The Union Budget 2025-26 has unveiled significant measures aimed at enhancing self-reliance in pharmaceutical manufacturing, promoting domestic production, and boosting export performance. The government...
66 Paise in Every Rupee to Come from Taxes
The Union Budget 2025-26 presents a detailed allocation of how each rupee earned and spent by the government will be distributed. Finance Minister Nirmala...
Women, SC/ST Entrepreneurs to Benefit from ₹2 Crore Loans
The Union Budget 2025 introduces targeted reforms to bolster economic opportunities for women and Scheduled Caste (SC) and Scheduled Tribe (ST) entrepreneurs. Announced by...
FDI in Insurance Sector Increased to 100%
The Union Budget 2025 has introduced a major reform by raising the Foreign Direct Investment (FDI) limit in India's insurance sector from 74% to...
