Tag: Budget 2025

TeraNova DC Targets 2 GW of AI-Ready Data Centres in India by 2032

Singapore-based Hillhouse Investments has launched TeraNova DC, a dedicated data-centre platform that plans to invest $12 billion to $15 billion in India by 2032. With a target of more than 2 gigawatts (GW) of capacity, the platform is set to become one of the largest announced data-centre programmes in the country. TeraNova DC will focus on hyperscale and AI-ready infrastructure. Its proposed locations are Maharashtra,...

Tech Mahindra’s Profit Rises 23.2% as Almost Every Large Deal Now Includes AI

Tech Mahindra’s profit after tax (PAT) rose 23.2% year on year to $166 million in the second quarter of FY27. The company won $1.023 billion in new deals in the quarter, up 25.4% from a year earlier. Deal wins over the past 12 months rose 34.8% from the same period a year before. On the earnings call, CEO and Managing Director Mohit Joshi said...
spot_img

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...