South Africa’s finance minister proposed scaling back tax increases and curbing spending in a bid to resolve a standoff over the budget in the nation’s fractious governing alliance. Watch this report for more details!

South Africa proposes smaller VAT hike to end budget impasse

Karnataka chief minister Siddaramaiah on Friday faced fierce criticism by the BJP as he presented the state budget having multiple pies for the Muslim community. In a blazing attack at the Congress leader, who presented his record 16th budget, the opposition BJP called the fiscal plan a "modern Muslim League budget".

BJP: Karnataka budget allocations unfair and unconstitutional

Hundreds of scientists, researchers, and former federal employees have taken to the streets to protest against the Trump administration's budget cuts to scientific research. With over 150 rallies expected across different locations, protesters are demanding an end to censorship and greater funding for critical research. The administration has been accused of stifling scientific progress by slashing budgets, sparking nationwide outrage.

USA: Mass protests erupt over Trump’s research budget cuts

Hong Kong is facing its toughest fiscal test in three decades, with annual deficits exceeding $20 billion in three of the past four years. The city’s finance chief, Paul Chan, has announced a plan to restore fiscal balance by mid-2027. The government will cut recurrent spending by 7%. The government has also announced plans to slash 10,000 civil service jobs.

Hong Kong aims to cut spending by 7% to balance budget

Businesses across the UK are facing significant challenges as they prepare for a tax hike, with one in four companies planning to lay off staff. This marks the highest proportion of employers considering redundancies in the past decade, excluding the pandemic.

UK Chancellor's budget spurs job cuts & investment delays

Sri Lanka’s economy is projected to grow by 5% in 2025, according to President Anura Dissanayake. He presented the country’s first full-year budget under the national people’s power government. This budget is a crucial step in Sri Lanka's post-crisis recovery, with a primary focus on fiscal discipline and long-term stability. The government is targeting a budget deficit of 6.7% of GDP, slightly reduced from 6.8% in 2024.

Sri Lanka’s 2025 budget focuses on recovery

French Prime Minister François Bayrou narrowly escapes a no-confidence vote in the National Assembly, following controversy over the government's proposed budget. The vote comes after heated debates and opposition concerns regarding fiscal policies and government spending.

French PM François Bayrou invokes article 49.3 to force budget through without vote

French PM François Bayrou survives no-confidence vote amid budget controversy

Business & Economy, The one major announcement on everybody's mind was the increase in the nil tax slab from ₹7 lakhs to ₹12 lakhs. The new tax bill will be tabled next week.

India Budget 2025: Tax relief, TCS, TDS & more

India news: On being asked to describe the essence of the budget, Sitharaman eloquently quoted Abraham Lincoln stating, "As they say in democracy in Abraham Lincoln's words, it is Budget by the people, of the people for the people."

'Budget is by the people for the people,' says FM Sitharaman citing Abraham Lincoln

Union Budget 2025 is here, and one of the biggest announcements is the income tax exemption for individuals earning up to Rs 12 lakh. This year's budget also brings a focus on boosting sectors like technology and agriculture. We bring you the first reactions from business owners and the public as they weigh in on the new fiscal policies.

First Reactions To Budget 2025: Income Tax Relief Up To 12 Lakh & Economic Focus | WION Vibe Check

We cut through the noise and dive straight into India’s budget. We give you the key highlights, expert reactions, the hits & the misses to decode what the budget means for your money. So, let’s get started!

Budget 2025: Key Highlights, Expert Analysis & The Hits & Misses Decoded

Indian Finance Minister Nirmala Sitharaman presented India's Union Budget for 2025-26 on Feb 1st. These are the major highlights you cannot miss. Watch in for more details!

Budget 2025 boosts India's AI ambitions

Business & Economy, Increasing income tax limit is expected to boost disposable income, encourage spending, and provide much-needed financial relief.

Budget 2025: No tax up to Rs 12 lakh, focus on stability and long-term growth

Indian Finance Minister Nirmala Sitharaman today (Saturday, Feb 1) presented the Union Budget for 2025-26, a day after unveiling the Economic Survey. Watch in for more details!

Budget 2025: Reactions from leaders to FM Sitharaman's speech

Sports: Sports has been a key contributor to India’s global image, and the sector was certainly not disappointed after funds were increased to INR 10 billion ($115 million) for 2025-26.

Exclusive: 'Sports budget is promising for grassroots athletes,' says Sports For All founder Rishikesh Joshi

India news: Prime Minister Narendra Modi on Saturday (Feb 1) hailed the Union Budget 2025 as a crucial milestone in India's development journey, emphasising its focus on fulfilling the aspirations of 1.4 billion Indians.

Opposition's rejection, Modi's applause: Union Budget 2025 evokes mixed reactions

Revised income tax slabs, old regime vs new regime? Here's the catch!

People's reaction to Union Budget 2025

Union Budget 2025: Boost for small business, mega fund for cities | WION detailed coverage

Prime Minister Narendra Modi on Saturday (Feb 1) hailed the Union Budget 2025 as a crucial milestone in India's development journey, emphasising its focus on fulfilling the aspirations of 1.4 billion Indians. Watch in for more details!

'People's Budget': PM Modi hails budget, says it will boost savings, consumption

India News | Business & Economy: Six more lifesaving medicines will be added to the concessional duty list, attracting a reduced customs duty of 5 per cent. Besides, 37 more medicines and 13 new patient assistance programmes will be fully exempt.

Union Budget 2025: 36 life saving drugs, medicines fully exempted from custom duty

Budget 2025 highlights: Big tax relief for middle class, new measures to boost spending

India News | Business & Economy | The FM recalled that three AI centres for agriculture, health, and sustainable cities were announced in 2023 and said this new centre will strengthen AI-driven advancements in education. 

India Budget 2025: FM Sitharaman announces AI centre for education, allocates $ 57.6mn

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