In anticipation of the upcoming Lok Sabha polls, Finance Minister Nirmala Sitharaman is set to present the interim budget on February 1, 2024, which is today. As this pre-election budget unfolds, it would be interesting to see how the finance minister strikes a balance between populism and fiscal prudence, aiming to meet the expectations of …
February 1, 2024 09:54 AM Parliament Budget Session Live: Government kept inflation under control despite global crisis President Droupadi Murmu said, “In the past years, the world witnessed two major wars and faced a pandemic like Corona. Despite such global crises, my government kept inflation under control in the country and did not let the …
In a bid to address the pressing housing shortage in India, Prime Minister Narendra Modi’s flagship federal housing scheme is set to receive a significant boost. With elections looming, the government is gearing up to announce an extension to the scheme and increase subsidies for low-cost housing loans in the upcoming budget. Finance Minister Nirmala …
India’s upcoming budget, presented in February 2024, will be coming in at a crucial time, i.e. just before the Lok Sabha election 2024. The short-term and long-term impact of the decisions taken in this budget will be discussed at length in the media, not only for economic speculation, but also political back and forth. Hence, …
The Union Budget of India is the annual financial statement presented by the Finance Minister in the Parliament. The Union Budget outlines the government’s revenue and expenditure for the fiscal year, which typically runs from April 1 to March 31. It is a comprehensive document that provides details about the government’s fiscal policies, proposed expenditures …
On February 1, 2024, India’s Finance Minister Nirmala Sitharaman is set to present her fifth Union budget for the financial year 2024-2025. Like all Union Budgets, Budget 2024 is set to be a detailed and comprehensive report of the country’s revenues as well as estimated expenditures for the fiscal year ahead. Owing to the wide …
The Union Budget 2024, slated for presentation by Finance Minister Nirmala Sitharaman on February 1, is generating anticipation as a growth-oriented and reform-driven budget. The budget is likely to bring forth significant announcements and incentives, especially for pivotal sectors such as infrastructure, defence, and energy. Sector Stock Name CMP (Rs) Market Cap (Rs Cr) 1Y …
Budget 2023: A Boon for Infrastructure and Green Energy The Indian government’s budget for 2023 placed a strong emphasis on infrastructure development and green energy initiatives. This focus translated into significant financial allocations for these sectors, with capital investment outlay hiked by 33% to Rs 10 lakh crore. This substantial investment aimed to enhance growth …
The interim Budget session of the Parliament is scheduled to commence on January 31st, where Finance Minister Nirmala Sitharaman will present the Union Interim Budget for the fiscal year 2023-2024 (FY24) at 11:00 am on February 1st. This will be the last financial plan to be presented by the PM Narendra Modi-led government before the …
The upcoming Budget 2024 in India has stirred a significant debate regarding the potential reduction in import duties on electronic components used in manufacturing smartphones. A recent report from the Global Trade Research Initiative (GTRI) emphasises the success of the current tariff structure, arguing against changes that could adversely affect local manufacturing. On the other …
