Mon, February 3, 2025

by: inc42

How AssetPlus Turned Mutual Fund Distribution Into A Scalable Tech Ecosystem

The platform provides MFDs with proprietary research on best-performing financial products, marketing materials and training programmes to improve advisory skills.

by: Reuters

Americans have high hopes for Trump's economy, Gallup poll shows

Reuters, the news and media division of Thomson Reuters, is the world's largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.

by: Indiatimes

Navigating Budget 2025: Implications for taxpayers and markets

Analysing Budget 2025 and how finance minister Nirmala Sitharaman's budget has had a fallout on markets; how can investors balance risks in evolving f

by: Reuters

Julius Baer announces net profit of $1.12 bln for 2024

Swiss bank Julius Baer on Monday reported a net profit of 1.022 billion Swiss francs ($1.12 billion) for 2024.

by: MSN

India is slashing taxes. It must now cut red tape

Narendra Modi's government has raised the effective income tax threshold and introduced tax relief, aiming to boost consumer sentiment amidst an economic slowdown. However, significant economic recovery will require job creation and easing the business environment,

by: MSN

'AI is the new global arms race': Boyd Company expert says Abilene is a key player in worldwide AI growth

John Boyd, Corporate Location Consultant, and Site Selection Expert at the Boyd Company, recently weighed in on Abilene as it steps into the spotlight with the announcement of the largest artificial intelligence infrastructure project in history.

by: MSN

To help pay for Trump tax cuts, new taxes on worker benefits become GOP target

The GOP Congress is looking at including employer-provided benefits like free transportation, food and gyms as taxable income as a way to pay for tax cuts.
Sun, February 2, 2025

by: NDTV

Budget Focus On Bihar, Delhi Polls? N Sitharaman Cites Abraham Lincoln

Finance Minister Nirmala Sitharaman countered the Opposition's charge that the Centre has extended big Budget gifts to Bihar with an eye on the upcoming polls,

by: Couriermail

Former Labor premier Anna Bligh to retire as CEO of Australian Banking Association

Anna Bligh has announced she is standing down as the chief executive of the Australian Banking Association (ABA) after more than eight years in the role.

by: Reuters

Reactions to Trump's tariffs on goods from Mexico, Canada, China

U.S. President Donald Trump on Saturday ordered tariffs of 25% on Canadian and Mexican imports and 10% on goods from China starting on Tuesday to address what he calls a national emergency of fentanyl and illegal immigration pouring into the U.

by: CNN

These Americans don't think the economy is getting any better. Welcome to 'No Buy 2025'

Many Americans, especially female content creators, are pushing back against overconsumption and pledging to buy less — or even nothing beyond essentials — as well as not repurchasing a product they own until it has expired or no longer has use.

by: Reuters

US Senate panel to vote on RFK Jr.'s health secretary nomination

A U.S. Senate committee will vote Tuesday on whether to advance President Donald Trump's nomination of Robert F. Kennedy Jr. to lead the Department of Health and Human Services, the committee announced Sunday.

by: stockhead

The NT wants to rebuild its economy and lure investment from miners and explorers

The new NT Government has put addressing crime and rebuilding its economy at the top of its priority list, and that's good for miners.

by: Mint

Income Tax Budget 2025 LIVE: How to save up to ?2.6 lakh under new tax rates?

Finance Minister Nirmala Sitharaman in Budget announced new tax slabs in the new tax regime 2025, making it so that there is no income tax for those drawing ₹12 lakh and less. We take a look at who is most likely to benefit from the changed income tax slab.

by: BBC

Booze, oil and orange juice: How Canada could fight Trump tariffs

As Justin Trudeau warns Canadians they could face "difficult days" ahead, here are four options for retaliation.

by: MSN

Canada, Mexico Hit Back at Trump Tariffs, China Vows Action

Canada and Mexico vowed to hit back at US tariffs with tit-for-tat measures after President Donald Trump followed through on his threats of general levies of 25%, beginning a trade war that's set to reshape global supply chains.

by: Mint

Union Budget 2025 Highlights: Nirmala Sitharaman will introduce IT bill next week, PM Modi congratulates FM

Budget 2025 LIVE updates: Abhishek Jain, Indirect Tax Head & Partner of KPMG, highlighted that the adjustments announced to customs duties in India are set to foster expansion and development in the nation.

by: MSN

Textiles to toys: MSMEs get a Rs 2,250 crore booster shot with mission exports

Commerce, MSME and finance ministries in India will collaborate to identify key sectors needing significant capital for technology upgrades, marketing, and accessing new markets to boost exports. An Export Promotion Mission with a budget of Rs 2,

by: NDTV

Can You Still Opt For Old Tax Regime? And Will You Gain Or Lose Out

With Finance Minister Nirmala Sitharaman announcing big rebates for taxpayers in the middle-income group under the new tax regime, many are left wondering if the government plans to scrap the old tax
Sat, February 1, 2025

by: Mint

Budget 2025 | Tax clarity for AIFs as income will now be treated as capital gains

The amendment is significant given that, according to data from the Sebi, more than 1,400 AIFs in the country had raised a cumulative ₹5 trillion as of September 2024.

by: cnbctv18

Budget 2025: High-level panel to review non-financial sector regulations, Says FM

Sitharaman also urged state governments to participate in this effort to create a more business-friendly environment.

by: AOL

Ford CEO Jim Farley on the 'huge business' of Mustang, Bronco, and Raptor performance vehicles

While performance cars and racing get the Ford faithful excited, it's been a growing business for Ford too. We spoke to Ford CEO Jim Farley from Charlotte Motor Speedway, where the Ford Performance team and Farley himself were showing off its enthusiast offerings.

by: cnbctv18

Income Tax Slabs 2025 LIVE Updates: India Inc welcomes the new income tax bill, relaxation in TCS, TDS regulations

Finance Minister Nirmala Sitharaman is set to present the Union Budget 2025 today. Experts expect potential reforms, from tax rate cuts to an overhaul of the system, aimed at boosting consumption, simplifying taxation,

by: Mint

Budget 2025 | Tax relief for AIFs as income will now be treated as capital gains

The amendment is significant given that, according to data from the Sebi, more than 1,400 AIFs in the country had raised a cumulative ₹5 trillion as of September 2024.

by: Forbes

Trump's $10 Trillion Crypto Bet: Stablecoins To Replace Eurodollars?

The modern financial system runs on a form of dollars that most Americans have never heard of Eurodollars. Will they be replaced by stablecoins?

by: Firstpost

Big tax relief for middle class, push for agriculture, MSMEs: Takeaways of Union Budget 2025-2026

Nirmala Sitharaman made a slew of huge announcements during the 2025-2026 Union Budget speech - perhaps none bigger than that there would be no tax on income up to Rs 12 lakh under the new regime. But what other schemes did the finance minister unveil?

by: Indiatimes

Budget 2025: Next year, 10,000 seats will be added in medical colleges and hospitals, announces FM Sitharaman

Union Finance Minister Nirmala Sitharaman announced significant investments in healthcare, with plans to add 10,000 medical seats next year and a tota

by: Firstpost

Union Budget 2025: Big income tax relief, push to Make in India and other highlights

India's economic trajectory remains robust as Finance Minister Nirmala Sitharaman presented the Union Budget 2025 on Saturday. She emphasised on strong GDP growth, moderated inflation, and buoyant investment activity despite global uncertainties.

by: NDTV

Nirmala Sitharaman's Budget Speech Was 77 Minutes Long. How It Compares To Her Previous Speeches

Nirmala Sitharaman's budget speech, which came with a big bonanza for taxpayers, lasted for an hour and 17 minutes, shorter than the previous year's speech spanning 1 hour and 25 minutes.

by: IPPMEDIA

Bank affirms to support clean energy transition

by: NDTV

Budget 2025: Centre Announces Big Reforms For Ease Of Doing Business

Finance Minister Nirmala Sitharaman presented her eighth consecutive Union Budget, announcing reforms for the ease of doing business, MSMEs, and startups.

by: RepublicWorld

Income Tax Slabs 2025-26 Budget 2025 Live Updates: Will Sitharaman Announce Relief For Middle Class?

Finance Minister Nirmala Sitharaman presented the Union Budget 2025-26 in the Lok Sabha on Saturday. Union budget 2025-26 is expected to place greater emphasis on the agriculture sector and may introduce tax reforms,

by: Reuters

India's benchmarks hold gains as finance minister starts budget speech

Indian shares held on to their early gains in a special session for the union budget on Saturday, with investors watching for consumption-boosting measures amid an economic slowdown due to high inflation and anemic wage growth.

by: Reuters

French PM Bayrou's budget bill moves ahead as lawmakers strike deal on text

A panel of French lawmakers on Friday agreed on the final text of a much-delayed 2025 budget proposal, paving the way for the lower house passage of a bill that is key to restoring investor confidence and ensuring the government's survival.

by: MSN

Budget 2025: FM Nirmala Sitharaman educational qualification - Impressive journey from academics to politics

Nirmala Sitharaman earned her Master's in Economics, MPhil from Jawaharlal Nehru University and did her Bachelor's in Economics from Seethalakshmi Ramaswamy College, Tiruchirapalli

by: MSN

Budget a pivotal opportunity to strengthen India's business and enterprise, say experts

With Nirmala Sitharaman all set to present her Budget, millions of small businesses in the country would be pinning their hopes on the FM to provide incentives and measures to kick-start sluggish growth.

by: Oneindia

Budget 2025 Time: When And Where To Watch The Live Budget Speech Today

PM Modi expressed hopes for the budget, highlighting India's 2047 vision. FM Nirmala Sitharaman will present the budget today, February 1, at 11 AM. Key focus areas include infrastructure and tax relief.
Fri, January 31, 2025

by: Forbes

The Mental Health Boom: Why The U.S. Needs 30% More Therapists

The demand for mental health professionals in the U.S. is skyrocketing, surpassing the growth of traditionally high-demand fields like IT, finance, and hospitality.

by: Bustle

Your February Money Horoscope

Whether you jumped right into action on your 2025 money goals or spent January struggling to stick to a strategy, the astrology of February brings good fortune for your bank account. Some exciting planetary alignments are coming to bring lucky opportunities and motivation boosts, so your money horoscope for February 2025 is major.

by: Mint

Budget 2025 expectations LIVE: Income Tax expectations to allocations for key sectors - what India wants from the FM

Several industries and taxpayers are eagerly waiting for the second full-fledged budget of the Narendra Modi-led NDA government, which would be presented by Finance Minister Nirmala Sitharaman on February 1,

by: wjla

Empowering Growth: HCEDA CEO Jennifer Jones on business resources in Howard County

Jennifer Jones, CEO, Howard County Economic Development Authority joined Good Morning Washington to talk about the resources available to help businesses.

by: CNBC

How to apply for a mortgage

CNBC Select explains how to apply for a mortgage, from preparing financially and getting preapproval to undergoing the underwriting process and finally closing.

by: MoneySense

When does the capital gains tax inclusion rate increase take effect?

Ottawa defers effective date of capital gains changes to 2026 and promises exemptions for the tax inclusion increase..

by: Fortune

'Control of our destiny': UPS braves blowback over Amazon break

UPS stocks plummeted after it slashed business with the world's largest online retailer.

by: MSN

Moove bolsters LatAm presence with acquisition of Kovi

Deal expands Moove's fleet to 36,000 vehicles, strengthens Latin American presence, and integrates cutting-edge IoT and AI technologies to drive innovation in urban mobility.

by: cfodive

CFO Dive's 2025 outlook roundup: Trends to watch

by: Reuters

Berkshire Hathaway has shed more than 4,000 jobs

Berkshire Hathaway said on Friday it has shed more than 4,000 jobs over the last year, even as the conglomerate run by Warren Buffett is on pace to post a record annual operating profit.

by: Reuters

Kremlin brushes off Trump tariff threat to BRICS, says no plan for common currency

The Kremlin on Friday brushed off a repeat threat by U.S. President Donald Trump to impose tariffs on the BRICS grouping of countries if it created its own currency, saying there was no such plan.

Union Budget 2025 Highlights: From income tax bonanza to consumption boost, FM's roadmap for Viksit Bharat

Highlights: FM Nirmala Sitharaman's announcement on February 1 brings a gift for the Indian middle class with no tax payable up to ₹12 lakh income. The Union Budget also focused on boosting credit for

The article from LiveMint discusses the key highlights of the Union Budget 2025 presented by Finance Minister Nirmala Sitharaman on February 1, 2025. The budget focuses on several critical areas including a significant boost to agriculture with increased funding for rural infrastructure, irrigation, and farmer welfare schemes. There's a strong emphasis on capital expenditure (capex) to stimulate economic growth, with allocations for infrastructure projects like roads, railways, and urban development. Industry sectors receive incentives for manufacturing, particularly in electronics and pharmaceuticals, aiming to enhance India's self-reliance. Tax reforms are highlighted with adjustments to income tax slabs to provide relief to the middle class, alongside measures to widen the tax base. Additionally, the budget addresses environmental concerns with investments in green energy and sustainable practices, while also outlining plans for digitalization, education, and healthcare improvements. The overarching theme is to balance economic recovery with social welfare, aiming for inclusive growth and fiscal responsibility.

Read the Full Mint Article at:
https://www.livemint.com/economy/budget-2025-key-highlights-live-updates-nirmala-sitharaman-agriculture-industry-capex-income-tax-1-february-2025-11738323616458.html


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