The Shehbaz Sharif-led Pakistan government unveiled a three-year economic plan, which aims to increase the share of provinces in the federal budget from 39.4 per cent to 48.7 per cent by 2027.
The fiscal buffer from the Reserve Bank of India's (RBI) excess dividend, amounting to 0.4 per cent of GDP, is likely to be disproportionately allocated towards the rural, farm, and welfare sectors, with a slight increase in capex.
Optimistically waiting for the key announcements of the Union Budget, the fintech sector anticipates provisions to promote fintech and traditional banking systems to come together for a robust financial ecosystem in the country.
As the nation gears up for Budget 2024-25, the vice-chancellors of Delhi University and Jawaharlal Nehru University expressed hope for increased investment in education to boost entrepreneurship, and innovation, and help the country become a knowledge power.
As inflation is high, the prices of essential items such as cooking oil, pulses, flour, sugar, milk, and chicken have increased, affecting people's budgets badly, ARY News reported on Thursday.
Ahead of the Union budget 2024-25, Delhi University Vice-Chancellor Yogesh Singh on Thursday expressed his excitement for Budget 2024-25 saying that this budget will set a tone for the 'sankalp' of Viksit Bharat.
Congress on Thursday said that multiple data sources, including government's own official statistics, show that "workers can buy less today than they could 10 years ago" and the Union Budget offers a chance to provide "justice to labourers" by guaranting a nationwide minimum wage of Rs 400 p
Mohan Charan Majhi, the chief minister of Odisha, announced on Thursday that the BJP government will present its first budget in the assembly on July 25. This budget will give the people and communities of the state more power.
The Federation of Indian Chambers of Commerce & Industry (FICCI) has anticipated that the government might reform the taxation system in the union budget, aimed at stimulating economic growth.
Ahead of the Budget session of parliament, Dr Harsh Mahajan, Chair of FICCI Health Services Committee and founder and chief radiologist of Mahajan Imaging and Labs, demanded government fulfil its 'promise' of spending 2.5 per cent of GDP on the healthcare sector.
Blaming the BJP government's "erratic policy, rampant cronyism," and the alleged misuse of central agencies, the Rajya Sabha MP asserted that India needs a new "liberalized approach" to political economy, not "marginal policy tinkering."
The real estate sector has put up various demands ahead of the Union Budget to support and grow the real estate sector in India. The National Real Estate Development Council (NAREDCO) has put forth several recommendations for the sector.