Tag: Budget 2025
ASML to Cut Around 1,700 Jobs in AI‑Driven Reorganisation
ASML, the Dutch semiconductor‑equipment giant that holds a near‑monopoly on advanced lithography tools used to manufacture cutting‑edge chips, is planning to cut roughly 1,700 jobs, or about 4 per cent of its 44,000‑person workforce. The move was announced in January alongside the company’s record full‑year revenue of €32.7 billion and signals a major internal reorganisation aimed at streamlining operations even as demand for advanced...
MeitY Proposes Continuous Labelling for AI‑Generated Content
The Ministry of Electronics and Information Technology (MeitY) has proposed that all content generated with the help of artificial intelligence carry a continuous and clearly visible label alerting users that the material has been synthetically created. The draft amendment to the Information Technology Rules (Intermediary Guidelines and Digital Media Ethics Code), 2021 requires that the labelling must remain on display for the entire duration...
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...
